• 제목/요약/키워드: Long-Term Investments

검색결과 77건 처리시간 0.026초

포괄적인 정보시스템 성과평가모형에 관한 연구 (A Comprehensive Model for Measuring Information Systems Performance)

  • 안봉근;주기중;권해익
    • 경영과학
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    • 제21권2호
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    • pp.111-122
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    • 2004
  • Measuring performance of corporate information system has become one of the core issues in that development of the information system requires substantial amount of investments and the system works as a crucial leverage to enhance competitive edge. Most of the previous researches for performance of the information system have narrow and limited focus on such as the effect of user satisfaction and productivity. This paper suggests a model to measures the comprehensive performance which is classified as user scope (user involvement and satisfaction), operational scope (task productivity, task innovation, customer satisfaction, management control) and efficiency scope (financial performance), and to represent the relationship among the scopes by the path analysis model. Followings are conclusions from statistical hypothesis test of the model: (i) user involvement through user satisfaction has positive effect on all the performances in the operational scope, (ii) task innovation and customer satisfaction in the operational scope has statistically significant impact on financial performance but task productivity and management control do not. This conclusion indicates that task productivity and management control has the long term effect in nature, and evaluation of the information system has managerial implication when it Is measured in comprehensive performance which includes internal operational performances as well as financial performance.

Dominant Stockholder Illegality and Enterprise Value : Focusing on Korean Firm Cases

  • Kim, Sung Tack
    • Asia Pacific Journal of Business Review
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    • 제1권2호
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    • pp.17-35
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    • 2017
  • This research is a case study that focuses on how conglomerate illegality and corresponding penalty affects corporate performance and strategy. The research aims to provide base information for policy-makers as well as the general public about the corporate environment. The analysis results can be summarized as follows. First, profitability is represented as an M-curve. Profitability falls from indictment to the final pronouncement of the corporate head and increases upon his or her return. The result suggests that the absence of a corporate head could result in low profitability as the firm is exposed to owner risk. Secondly, significant effects on investment were not found. Investment showed a continuous increase from indictment to final judgment. This could have resulted from investment decisions made prior to the indictment, which are generally long-term. Meanwhile, the rate at which investments rose for core subsidiaries were lower, which makes it reasonable to suspect dwindling executive capacity due to the absence of a corporate head. Thirdly, employment showed a slight increase, but the rate was found to be greater during the periods following the final judgment. From a political perspective, this increase can be inferred from a give-and-take tradeoff between corporate employment and the pardon of the corporate head.

The National Health Plan 2030: Its Purpose and Directions of Development

  • Oh, Yumi
    • Journal of Preventive Medicine and Public Health
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    • 제54권3호
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    • pp.173-181
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    • 2021
  • The National Health Plan 2030 (HP2030) started to be prepared in 2017 and was completed and announced in December 2020. This study presents an overview of how it was established, the major changes in policies, its purpose, and future directions. This study analyzed the steps taken in the past 4 years to establish HP2030 and reviewed major issues at the international and governmental levels based on an evaluation of HP2020 and its content. HP2030 establishes 6 divisions and 28 topic areas, and it will continue to expand investments in health with a total budget of 2.5 trillion Korean won. It also established goals to enhance health equity for the first time, with the goal of calculating healthy life expectancy in a way that reflects the circumstances of Korea and reducing the gap in income and healthy life expectancy between regions. The establishment of HP2030 is significant in that it constitutes a sustainable long-term plan with sufficient preparation, contains policy measures that everyone participates in and makes together, and works towards improvements in universal health standards and health equity. With the announcement of HP2030, which includes goals and directions of the national health policy for the next 10 years, it will be necessary to further strengthen collaboration with relevant ministries, local governments, and agencies in various fields to concretize support for prevention-centered health management as a national task and to develop a health-friendly environment that considers health in all policy areas.

On the Role of Projected FDI Inflows in Shaping Institutions: The Longer-Term Plan for Post-Pandemic Investment Reboot

  • Gao, Xiang;Gu, Zhenhua;Koedijk, Kees G.
    • East Asian Economic Review
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    • 제24권4호
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    • pp.441-468
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    • 2020
  • Capital inflows have a strong presence that influences destination countries' development of institutions, which can in turn help resuscitate a stopped economy and re-attract capital that was lost during crises such as the recent public health crisis. While the previous literature emphasizes the mechanism that foreign investors press or even threaten the local government for change, this paper explores empirically whether institutional improvement can be achieved through the channel that host countries voluntarily reform institutions in anticipation of potential investments predicted by the exogenous geographical and cultural characteristics of the recipient countries. Given that countries with better institutional quality can accumulate larger FDI stocks, we still find that the need for more FDI, in contrast to FPI and debt, gives higher incentives to host countries to strategically improve their institutions before seeking capital overseas. Moreover, the predicted FDI exerts more prominent impacts on institutions on constraining elite than those involved in launching a business, enforcing contracts, and protecting properties. The results imply that a long-run plan for upgrading elite constraint institutions is crucial for a post-pandemic FDI reboot.

Effects of Macroeconomic Conditions and External Shocks for Port Business: Forecasting Cargo Throughput of Busan Port Using ARIMA and VEC Models

  • Nam, Hyung-Sik;D'agostini, Enrico;Kang, Dal-Won
    • 한국항해항만학회지
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    • 제46권5호
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    • pp.449-457
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    • 2022
  • The Port of Busan is currently ranked as the seventh largest container port worldwide in terms of cargo throughput. However, port competition in the Far-East region is fierce. The growth rate of container throughput handled by the port of Busan has recently slowed down. In this study, we analyzed how economic conditions and multiple external shocks could influence cargo throughput and identified potential implications for port business. The aim of this study was to build a model to accurately forecast port throughput using the ARIMA model, which could incorporate external socio-economic shocks, and the VEC model considering causal variables having long-term effects on transshipment cargo. Findings of this study suggest that there are three main areas affecting container throughput in the port of Busan, namely the Russia-Ukraine war, the increased competition for transshipment cargo of Chinese ports, and the weaker growth rate of the Korean economy. Based on the forecast, in order for the Port of the Port of Busan to continue to grow as a logistics hub in Northeast-Asia, policy intervention is necessary to diversify the demand for transshipment cargo and maximize benefits of planned infrastructural investments.

Comparison of Asset Management Approaches to Optimize Navigable Waterway Infrastructure

  • Oni, Bukola;Madson, Katherine;MacKenzie, Cameron
    • 국제학술발표논문집
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    • The 9th International Conference on Construction Engineering and Project Management
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    • pp.3-10
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    • 2022
  • An estimated investment gap of $176 billion needs to be filled over the next ten years to improve America's inland waterway transportation systems. Many of these infrastructure systems are now beyond their original 50-year design life and are often behind in maintenance due to funding constraints. Therefore, long-term maintenance strategies (i.e., asset management (AM) strategies) are needed to optimize investments across these waterway systems to improve their condition. Two common AM strategies include policy-driven maintenance and performance-driven maintenance. Currently, limited research exists on selecting the optimal AM approach for managing inland waterway transportation assets. Therefore, the goal of this study is to provide a decision model that can be used to select the optimal alternative between the two AM approaches by considering key uncertainties such as asset condition, asset test results, and asset failure. We achieve this goal by addressing the decision problem as a single-criterion problem, which calculates each alternative's expected value and certain equivalence using allocated monetary values to determine the recommended alternative for optimally maintaining navigable waterways. The decision model considers estimated and predicted values based on the current state of the infrastructure. This research concludes that the performance-based approach is the optimal alternative based on the expected value obtained from the analysis. This research sets the stage for further studies on fiscal constraints that will effectively optimize these assets condition.

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국내 온실가스 감축 정책 (Domestic Greenhouse Gas Reduction Policy)

  • 배성호
    • 에너지공학
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    • 제20권1호
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    • pp.8-12
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    • 2011
  • 온실가스 감축을 위한 단기 정책으로는 기존의 고효율 에너지 기기의 보급을 촉진하고 에너지 효율을 개선하는 에너지 효율개선, 에너지 절약사업에 투자를 활성화하는 것 등이 포함된다. 장기적으로는 기술개발이 핵심정책이다. 에너지수요의 저감을 위해서는 에너지 효율이 향상된 기기와 공정이 개발되어야 한다. 에너지 공급측면에서 온실가스 감축정책은 태양광, 풍력, 지열, 바이오매스 등과 같은 신재생에너지와 원자력과 같은 온실가스를 거의 배출하지 않는 저배출 에너지원의 공급을 확대하여 화석연료를 대체하는 것이다. 에너지 소비측면에서 온실가스 감축대책은 에너지 효율향상 정책과 맥을 같이 한다. 산업과 건물부문에서 에너지 다소비사업장, 건물 등에 대한 자발적 협약을 강화하고, 에너지 절약시설에 대한 투자를 강화하는 정책을 시행해야 할 것이다.

미환류소득과 기업가치: 과세소득 재원의 고찰 (Corporate Non-reflux Income and Firm Value : A Review of Taxable Income Resources)

  • 김정교;김혜리
    • 디지털융복합연구
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    • 제15권11호
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    • pp.221-229
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    • 2017
  • 본 연구의 목적은 기존의 기업소득환류세제와 새롭게 도입되는 투자 상생협력촉진세제에서 공통적으로 고려하고 있는 기업의 미환류소득을 보다 효율적으로 사용하여 기업가치를 증진시키기 위한 방안을 모색하는 것이다. 구체적으로, 두 개 세제에서 공통적으로 고려하고 있는 임금과 고정자산 투자 부분에 대한 소득환류활동과 과세소득 재원이 상황에 따라 기업가치에 미치는 영향을 실증분석하였다. 분석결과, 단기사내유보이익과 소득환류활동은 기업가치에 부의 영향을 미치고, 장기사내유보금과 소득환류활동은 기업가치에 정의 영향을 미치는 것을 확인할 수 있었다. 이는 기업의 장기사내유보금을 재원으로 투자 임금 증가의 활성화를 유도해야함을 권고한다. 또한, 세제 내용에 소득환류활동의 비율과 같은 일률적인 기준만 제정할 것이 아니라 기업의 내부 사내유보 상황과 과세소득 재원을 면밀히 고려해 세재를 적용할 것을 권고한다.

기후변화협약 시행에 따른 대응 방안 및 발전분야 영향 분석 (Analysis of the abroad and domestic research trends on climate change and its economical effect on the power plant)

  • 우광제;황재동;정석용;장길홍
    • 청정기술
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    • 제7권1호
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    • pp.43-49
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    • 2001
  • $CO_2$ 의무규제에 대비해 국내외의 대응방안 및 기술개발 동향과 국내 산업계 대처방안, 향후 발전분야에 미칠 영향 등을 분석하였다. 의무규제에 대비하여 가장 많은 준비가 된 유럽은 에너지 효율 개선 및 대체에너지 개발에 많은 투자를 하고 있으며, 일본은 에너지 절약 및 해외사업을 통해 감축의무를 준수하도록 하는 동시에, 장기 기술개발 계획에 따라 여러 분야에서 R&D 투자가 활발히 이루어 지고 있다. 또한, 미국은 에너지 절약 프로그램 및 배출권 거래제를 이용하여 감축의무에 대비하고 있으며 최근에 DOE(Department of energy)등을 중심으로 경제성 있는 신기술 분야에 집중 연구하는 경향을 보여주고 있다. 우리나라도 향후 의무부담을 받을 경우를 대비하여 그동안 정부 및 출연연구소 중심으로 연구가 수행되어 왔다. 한편, 감축의무 적용시 가장 먼저 이행이 예상되는 발전분야에 대해 선진국중 완화된 기준을 가지는 포르투갈 감축기준을 적용하였을 경우, 제5차 장기전력 수급계획에 따른 청정연료 등의 전환 등의 자발적 감축노력에도 불구하고, 2015년 이후 가동중인 발전소중 50여기를 가동 중지해야 하는 사태가 발생할 수 있음을 발전분야 감축의무량 분석결과를 통해 도출하였다.

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저탄소 녹색도시 조성을 위한 친환경 요소의 비중도 분석: 수도권 신도시내 친환경 인증 아파트단지 사례 (Analysis on Weight Proportion of Eco-friendly Elements for the Development of Low-Carbon Green City : Case of Eco-Environment Certified Apartment Housing Complexes in the Metropolitan Newtown)

  • 정성훈;김정인
    • 환경정책연구
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    • 제10권3호
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    • pp.21-48
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    • 2011
  • 저탄소 녹색도시 조성에 있어서 쾌적한 주거환경의 필수조건인 친환경 요소에 대한 정성적(qualitative) 계획요소 분류체계를 발전적으로 확장하여 정량적(quantitative) 계량분석이 가능한 비중도 개념으로 구체화하였다. 이 비중도 개념을 저탄소 녹색도시 조성에 있어서의 다양한 친환경 요소의 발굴과 그에 따른 객관적 평가지표의 새로운 대안으로서 제시하였다. 실증분석을 위하여 첫째, 설문조사는 국내 수도권 신도시내 현지거주자(50명) 및 외부전문가(50명)등 총 100명을 대상으로 실시하였으며, 둘째 사례조사는 수도권 신도시내 74개소의 친환경 인증 아파트단지를 대상으로 실시하였다. 친환경 요소의 항목별, 유형별 합산 비중도를 분석한 결과에서 항목별로는 실내환경 및 생태환경, 유형별로는 탄소저감형 및 탄소흡수형이 큰 비중도로 나타났다. 이런 결과에 따라 최근 수도권 신도시에서는 생태주거 및 신 재생에너지 등의 미래지향적이고 지속가능성을 위주로 한 다양한 친환경 요소에 대한 인식도 및 선호도가 상당히 보편화 단계에 이르렀다는 긍정적인 의미를 확인하였다. 또한, 장기적 투자 효과를 유발하는 탄소저감형 및 탄소 흡수형 위주의 친환경 요소의 도입이 초기 투자비용의 부담에도 불구하고 점차 새로운 주거 트렌드로 정착되어 가고 있음을 확인할 수 있었다.

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