• 제목/요약/키워드: Portfolio quality

검색결과 74건 처리시간 0.023초

대학 e포트폴리오 성공모형의 검증에 관한 연구 (A Study of Verifying e-Portfolio System Success Model in a College Education)

  • 이윤재;김진경;박동진
    • 한국정보시스템학회지:정보시스템연구
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    • 제28권3호
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    • pp.203-225
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    • 2019
  • Purpose The purpose of this study is to empirically verify an ePortfolio success model which shows the structural causal relationships among the basic modeling constructs. We developed the success model based on DeLone and Mclean(2003) from IS perspective and on Balaban et al(2013) from ePortfolio perspective. And we are focused on the success of ePortfolio system designed for college students and professors. Design/methodology/approach Structural equation modeling techniques were applied to data collected 375 users of the ePortfolio system, K-Folio, at least one semester during one academic year. The structural model was analyzed using a Lisrel 8.54 statistical program. Findings The followings are the findings of the study. First, the constructs of IS success model are well applied to ePortfolio for college education. Second, the proposed model which has direct causal relationships from ePortfolio's quality to performance is more significant than the D&M and Balaban's model(2013). Third, the information quality among ePortfolio quality constructs does not have effect on system usability and performance. It means that information contents' quality issued by professor or system manager is not satisfied with the students yet. Finally, by using indirect analysis of structural equation model, we found that the ePortfolio operation manager should focus on ensuring system maintenance activities and providing fast and accurate services for improving ePortfolio performance.

Does Portfolio Quality Influence Financial Sustainability? A Case of Microfinance Institutions in Kenya

  • BITOK, Stephen K.;CHEBOI, Josephat Y.;KEMBOI, Ambrose
    • Asian Journal of Business Environment
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    • 제10권1호
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    • pp.37-43
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    • 2020
  • Purpose: The purpose of this study was to examine the relationship between portfolio quality and financial sustainability of microfinance institutions in Kenya. Research Design, Data, and Methodology: The analysis was based on a panel dataset of 30 microfinance institutions for the period of 2010 to 2018. Data was obtained from the Microfinance information exchange (MIX) database, and it was analyzed through descriptive and inferential statistics with the aid of STATA. Based on the results of the Hausman test, the study adopted the fixed effect regression model to test the research hypothesis. Results: The study found that portfolio quality had a positive significant effect on financial sustainability of Microfinance institutions in Kenya (β= 0. 211; p-value < 0.05). For the control variables; firm age had a positive effect (β= 0.773; p-value <0.05), while firm size (β= -0. 749; p-value < 0.05) had a negative effect on financial sustainability. Conclusions: The study concluded that portfolio quality has an important influence on the financial sustainability of microfinance institution. The study recommends that managers of microfinance institutions should devise good collection policies to improve portfolio quality while lessening loan default rate. The portfolio quality may improve the overall profitability and enhance investor confidence in their strategic decision-making on refinancing.

구조적 시계열모형을 이용한 자산포트폴리오 관리의 개선 방안 (A Study on the Way to Improve Quality of Asset Portfolio Management Using Structural Time-Series Model)

  • 이창수
    • 품질경영학회지
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    • 제31권3호
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    • pp.160-171
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    • 2003
  • Criteria for the comparison of quality of asset portfolio management are risk and return. In this paper a method to use structural time-series model to determine an optimal portfolio for the improvement of quality of asset portfolio management is suggested. In traditional mean variance analysis expected return is assumed to be time-invariant. However, it is more realistic to assume that expected return is temporally dynamic and structural time-series model can be used to reflect time-varying nature of return. A data set from an insurance company was used to show validity of suggested method.

SPC 차트를 이용한 포트폴리오 관리 (Portfolio Management Using Statistical Process Control Chart)

  • 김동섭;류홍서
    • 산업공학
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    • 제20권2호
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    • pp.94-102
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    • 2007
  • Portfolio management deals with decision making on 'when' and 'how' to revise an existing portfolio. In this paper, we show that a classical statistical process control (SPC) chart for normal data, a wellestablished tool in quality engineering, can effectively be used for signaling times for revising a portfolio. Noting that the day-to-day performance of a portfolio may be auto-correlated, we use the exponentially weighted moving average center-line chart to develop an automatic portfolio management procedure. The portfolio management procedure is extensively tested on historical data of equities traded in the Korea Exchange (KRX), the American Stock Exchange (AMEX), and the New York Stock Exchange (NYSE). In comparison with the performances of the KOSPI, XAX, and NYA indices during the same time periods, results from these experiments show that SPC chart-based portfolio revision presents itself a convenient and reliable method for optimally managing portfolios.

e-teaching portfolio development : Scoping Review

  • Kim, Jungae;Kim, Milang
    • International Journal of Advanced Culture Technology
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    • 제10권3호
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    • pp.220-225
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    • 2022
  • The purpose of this study is to develop an e-teaching portfolio to perform a teaching portfolio of an instructor on the web. I order to carry out this study, an initial model of the e-teaching portfolio was developed through systematic literature review, and the final e-teaching portfolio was developed by selecting and applying five students, then modifying and supplementing them. The study period was from May 1 to May 20, 2022. As a result of the study, the components of the finally developed e-teaching portfolio are Step 1: Understanding oneself, Step 2: Goal setting, Step 3: Learning strategy, Step 4: Self-check. In conclusion, the program developed through this study is a convenient function that can process everything in one place by connecting the fragmented teaching results, and the developed e-teaching portfolio can promote interaction between individuals by building a community. It has possible characteristics. In order to systematically activate the e-teaching portfolio developed through this study, it is necessary to establish an online management system for systematic operation. Furthermore, an institutional device is needed to guarantee the result of the developed e-teaching portfolio. In order to continuously manage the quality of the teaching portfolio, extrinsic rewards that stimulate the instructor's intrinsic motivation should be provided.

사회연결망 분석을 통한 인증 포트폴리오 전략에 관한 연구 (A Study on Strategy of Certification Portfolio Using Social Network Analysis)

  • 윤태영;조남욱
    • 품질경영학회지
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    • 제45권3호
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    • pp.427-445
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    • 2017
  • Purpose: This paper provides a method to identify cost-effective standards by analyzing the relationships between certified company and standards. It also aims to provide a evaluation model to establish a certification portfolio strategy of institutions. Methods: By analysing the networks of certified company and certification standards, this paper developed an evaluation model of standards. The evaluation model uses an index(Certificated Standard Evaluation Index; CSEI) to assess the value of standards. Results: To verify the applicability of the evaluation model, the proposed model and the CSEL index have been applied to certification standards of Korean Standard Association. The results show that the evaluation model can effectively identify potential customers and thereby establish a certification portfolio strategy. Conclusion: The main contribution of this study is a provision of a new approach to certification portfolio strategy by evaluating the value of standards. The proposed model is expected to provide implications for the certification portfolio strategy.

학습포트폴리오 프로그램에서 학습포트폴리오의 완성도가 대학생의 학업 성취도 및 프로그램 만족도에 미치는 영향 (The Influence of Completeness of the Learning-portfolio on Academic Achievement and Program Satisfaction of College Students Participating in the Learning-portfolio Program)

  • 서은희
    • 한국콘텐츠학회논문지
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    • 제19권1호
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    • pp.16-23
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    • 2019
  • 본 연구의 목적은 학습포트폴리오 프로그램에서 학습포트폴리오의 완성도가 참여 대학생의 학업성취도와 프로그램 만족도에 유의한 영향을 미치는지를 검증하는 것이다. 이에 따른 연구문제는 학습포트폴리오 완성도는 학습포트폴리오 연계 교과의 성적, 전체 성적, 그리고 프로그램 만족도에 유의한 영향을 주는가이다. 이를 위해 수강동기 점검지, 주차별 학습일지, 학습성찰 보고서의 완성도를 평가하는 학습포트폴리오 평가 도구를 개발하였다. 이 연구를 수행하기 위해 학습포트폴리오에 참여한 대학생 389명을 대상으로 학습포트폴리오 연계 교과 성적 및 전체 성적(GPA), 그리고 프로그램 만족도 조사결과를 수집하였다. 연구결과, 학습포트폴리오 완성도 점수는 학습포트폴리오 연계 교과의 성적 뿐 아니라, 전체 성적 향상에 유의한 영향을 주었으며, 학습포트폴리오 프로그램 만족도를 높이는 데에도 기여하였다. 이상의 결과는 학습포트폴리오 프로그램의 효과를 높이기 위해 학생들이 제출하는 학습포트폴리오의 질 관리가 중요함을 시사한다.

제품 포트폴리오 전략 수립을 위한 표준연결망 활용방안 연구 (A Study on the Application of Korean Standards(KS) Networks to the Development of a Product Portfolio Strategy)

  • 윤태영;조남욱
    • 품질경영학회지
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    • 제41권4호
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    • pp.637-648
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    • 2013
  • Purpose: The objective of this study is to provide a methodology that can facilitate efficient development of a product portfolio by utilizing Korean Standards(KS) networks. Methods: A case study on a steel manufacturing company is provided. Social network analysis h as been conducted on KS network and KS certification information of the company. Core test standards of a company have been identified. The core standards, then, used to construct a product-standard network of a corresponding industry. Results: As a result of analyzing product-standard networks, a product portfolio of a company has been developed. It has been shown that the candidate product portfolio is a cost-effective alternative in terms of standard maintenance cost. Conclusion: By using social network analysis, standards information can be used to support new product development process.

중점기술 선정을 위한 관계분석형 R&D 포트폴리오 방법 (Relationship-type R&D Portfolio Method for Selection of Core Technology)

  • 감혜미;서민우;김찬수
    • 한국산학기술학회논문지
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    • 제19권6호
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    • pp.677-682
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    • 2018
  • 관계분석형 R&D 포트폴리오 방법은 중점기술의 선정기준이 독립적일 경우 각 선정기준의 고유한 목적과 특성을 반영하여 중점기술을 선정하는 방법이다. 본 연구는 중점기술을 도출하기 위한 방법으로 관계분석형 R&D 포트폴리오 방법을 제시하고 선정기준과 분석지표간의 상관관계 분석하는 1단계, 각 선정기준에 최적으로 부합하는 포트폴리오 매트릭스를 구성하는 2단계, 중점기술을 도출하는 3단계로 나누어 방법론을 적용하는 과정을 서술하였다. 본 연구에서는 중점기술을 선정하기 위한 4대 선정기준과 기술수준, 경제성, 기술성을 파악하기 위한 분석지표간의 상관관계를 HoQ를 응용한 표로 작성하였다. 상관관계표를 바탕으로 각 선정기준을 최적으로 만족하기 위해 고려해야 할 분석지표를 도출하였으며, 도출된 분석지표와 선정기술을 두 축으로 포트폴리오 매트릭스를 구성하였다. 4대 기준을 모두 충족하는 충족형 포트폴리오 P0와 4대 선정기준의 고유한 특성을 반영하여 각 선정기준을 효과적으로 충족하는 포트폴리오 P1~P4를 구성하여 중점기술을 도출하였다. 선정된 중점기술은 명세기반의 키워드 분석 등의 과정을 거쳐 미래 안보환경에 대응하기 위한 중점분야 선정에 활용될 수 있다.

ESG투자를 통한 최적자산배분과 후생개선 요인분석에 관한 연구 (A Study on the Analysis of Optimal Asset Allocation and Welfare Improvemant Factors through ESG Investment)

  • 현상균;이정석;이준희
    • 품질경영학회지
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    • 제51권2호
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    • pp.171-184
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    • 2023
  • Purpose: First, this paper suggests an alternative approach to find optimal portfolio (stocks, bonds and ESG stocks) under the maximizing utility of investors. Second, we include ESG stocks in our optimal portfolio, and compare improvement of welfares in the case with and without ESG stocks in portfolio. Methods: Our main method of analysis follows Brennan et al(2002), designed under the continuous time framework. We assume that the dynamics of stock price follow the Geometric Brownian Motion (GBM) while the short rate have the Vasicek model. For the utility function of investors, we use the Power Utility Function, which commonly used in financial studies. The optimal portfolio and welfares are derived in the partial equilibrium. The parameters are estimated by using Kalman filter and ordinary least square method. Results: During the overall analysis period, the portfolio including ESG, did not show clear welfare improvement. In 2017, it has slightly exceeded this benchmark 1, showing the possibility of improvement, but the ESG stocks we selected have not strongly shown statistically significant welfare improvement results. This paper showed that the factors affecting optimal asset allocation and welfare improvement were different each other. We also found that the proportion of optimal asset allocation was affected by factors such as asset return, volatility, and inverse correlation between stocks and bonds, similar to traditional financial theory. Conclusion: The portfolio with ESG investment did not show significant results in welfare improvement is due to that 1) the KRX ESG Leaders 150 selected in our study is an index based on ESG integrated scores, which are designed to affect stability rather than profitability. And 2) Korea has a short history of ESG investment. During the limited analysis period, the performance of stock-related assets was inferior to bond assets at the time of the interest rate drop.