• 제목/요약/키워드: Profit rate

검색결과 456건 처리시간 0.021초

문턱회귀모형(threshold regression)을 활용한 중소기업의 적정 R&D 투자수준 분석 (Analysis on the Adequate Level of R&D Investment in Small and Medium-sized Enterprises Using Threshold Regression)

  • 정의영;백철우
    • 기술혁신연구
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    • 제23권1호
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    • pp.87-105
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    • 2015
  • 본 연구는 한국 제조업 중소기업의 R&D 투자와 성과 간의 관계를 분석하여 비선형 형태를 확인하고, 문턱값인 투자적정수준을 도출하였다. 기존 연구들은 투자와 성과 간 시차를 고려하지 않거나, 투자와 성과 간 회귀모형에서 투자 변수의 1차, 2차 항을 이용한 산술적 계산을 통하여 간접적으로 투자수준을 결정하였는데, 본 연구에서는 이를 극복하기 위해 2년의 시차를 가정한 문턱회귀모형을 사용하였다. 분석결과에 의하면, R&D 집중도 및 연구원비율과 이익률간의 관계는 S곡선 형태를 보였고, 매출액 대비 R&D 투자액 기준으로 6.4%, 종업원수 대비 연구원수 기준으로 13%가 R&D 투자의 적정수준으로 도출되었다. 연구로부터 도출된 투자 및 성과 간 관계 형태와 문턱값은 향후 기업의 R&D 투자 전략 및 정부 지원 정책의 기초자료로 활용될 수 있을 것으로 기대된다.

의료법상 의료기관 개설제한의 위반유형에 관한 연구 (A Study on the Type of Violations of Medical Law Regulations Which Restrict Opening a Medical)

  • 김준래
    • 의료법학
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    • 제15권2호
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    • pp.345-366
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    • 2014
  • Because the health care or medical sector has such characteristics as publicity, professionality, and exclusivity, it cannot be left to the free market system. As a consequence, the state has restricted the establishment of medical institutions in order to protect the life and health of people. Also, the medical law has regulated to permit the establishment of medical institutions by only medical personnel and a few corporate bodies and to ban the establishment of medical institutions under disguised ownership as well as double opening of medical institutions by medical personnel. Nevertheless, there are still many cases that non-medical personnel have dominantly established medical institutions under disguised ownership of other medical personnel or nonprofit corporation. Because they are willing to recover their investment costs as soon as possible, these illegally established medical institutions are likely to make patients undergo unnecessary tests or to perform the excessive treatments and, as a result, are likely to cause infringement on the health and lives of the people. In addition, even if the misconduct is uncovered, the rate at which the costs already paid is very low and, as a result, the damages are straightly connected to the people's loss. On the other hand, there are also increasing number of cases that medical personnel or nonprofit corporations are establishing medical institutions against the medical law regulations. The examples of this illegality are also the double opening of medical institutions and the establishment of medical institutions under disguised ownership by medical personnel or nonprofit corporations. And the damages in these cases may not differ from those in the above cases. In this study, regarding medical law regulations restricting opening a medical institution, I will review the intent of those regulations, the type of violations and criminal punishments, and the possibility of recovery from unlawful profit by the National Health Insurance Act. And then, I would like to find a way for rational improvement of each.

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호텔 객실가격정책(客室價格政策)의 합리화(合理化)에 관한 연구(硏究) (A Study on the Optimazation of the Hotel Room Rate Pricing Policy)

  • 한승엽
    • 산학경영연구
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    • 제6권
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    • pp.135-152
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    • 1993
  • The optional market segmentation pricing policy for rooms of hotels are investigated under the assumption of a linear demand function, and for four different situations: (1) single price market, (2) optimal segmentation of the unused capacity of a single-price-maeket, (3) optimal segmantation for all rooms, and (4) opimal segmentation for infiltration from higher priced to adjacent lower priced segments. The purpose of tis study is th show that with proper pricing policy, it would be possible to increase profits considerably. Such a profit increase might be achived by market segmentation coupled with product differentiation, where the different market segments are identified, sperated, and in each segment a different price per room is called for. The different prices are determined based on the specific price elasticity typical for each market segment and the relavant costs. The pricing model implied in this study is based on basic economic pricing theory and optimization techniques. While somewhat complex in its mathmatical solution, it can be easily programmed for use by practitioners, avoiding the need to cope with the technical aspects of the solution. In section II-1, the optimal single-market Single-price policy is evaluated. The optimal strategy under the constraint that only the previously unutilized rooms are segmented is analysed in section II-2, while the optimal strategy without this constraint is determined in section II-3. In section II-4, the optimal market-segmentation pricing policy is derived for the case in which market seperation is allowed for all the rooms under the assumption of custtomer infiltration from each market segment to the adjacent lower priced segment Finally, some considerations relating to the practicality of the model as a decision support tool and the requirements for its implementation are discussed in section III.

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도시철도 운임정책 국제비교 (International Comparison of Fare Policy in Urban Metro)

  • 정성봉;최지호;김지연;김동선
    • 대한토목학회논문집
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    • 제38권5호
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    • pp.703-711
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    • 2018
  • 최근 다양한 도시철도 노선이 건설되고, 주변노선과 연계가 이루어짐에 따라 도시철도 이용률이 증가하고 있다. 하지만, 정부는 여전히 기존의 획일적인 운임정책을 고수하고 있어, 다양한 이용패턴에 체계적인 대응을 하지 못할 뿐만 아니라, 공공성 위주의 운임정책으로 인해 운영사의 수익성 악화라는 구조적 문제점이 발생하고 있다. 본 연구는 도시철도 운임정책의 합리성을 제고하기 위해 일본, 영국 등 주요 선진국의 도시철도 운임정책을 검토하였다. 운임정책에 대한 체계적인 분석을 위해 운임결정방식, 카드운임에 대한 할인제도, 운임구조, 그리고 정부 보조금 정책 등의 관점에서 살펴보았으며, 이를 토대로 대한민국 수도권 도시철도 운임정책의 문제점 및 개선방안을 도출하였다. 본 연구를 통해 도시철도 서비스 수준과 수익성에 부합하는 적정 요금정책을 수립하여 합리적인 도시철도 운영에 도움을 줄 수 있을 것으로 기대한다.

점포형 패션유통형태의 분류체계와 운영방식에 관한 연구 (A Study on the Classification and Operation Systems of Fashion Offline Store)

  • 김희선;안영실
    • 한국의상디자인학회지
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    • 제17권4호
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    • pp.173-189
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    • 2015
  • The purpose of this study is to present the classification and operation systems of fashion offline stores. This research analyzed fashion literatures, articles and papers published by fashion-related companies and interviewed fashion practitioners. This research can be used as information for practitioners of the domestic fashion brand and students of fashion majors. The classification and operation systems of fashion offline stores are as follows. 1. The types of fashion offline store is classified as a form of road shop, department store, complex shopping center, select shop, outlet, and fashion wholesale retail specialty store. 2. The road shop is classified flagship store, franchise store, direct sales store, and street brand store. 3. The department store is recently using strategy to improve the profit rate, as setting up the select shop, expand the import contemporary brand stores, the men's brand stores, SPA brand stores, the street brand stores, and the soho internet shopping mall brands instead of reducing the national brands. 4. Most forms of fashion offline stores enhanced the functions to combine the catering, cultural activities and purchasing the lifestyle-related products, as well as fashion items. 5. The types of the operation system in fashion offline stores is classified as direct operations, franchise operations, middle management operations, and fully insert operations. 6. Franchise operations are tended to decline, however middle manager operations are overwhelming.

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The Effects of Research and Development Expenditure on the Firm Value: Focusing on the Portfolio's Excess Return

  • Choi, Shi Yeong;Kim, Kun Woo
    • Asia Pacific Journal of Business Review
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    • 제1권2호
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    • pp.37-62
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    • 2017
  • To analyze the effects of R&D expenditure on the firm value of Korean firms, we classified portfolios based on R&D activity levels. After that, we conducted a time-series analysis to assess excess returns from the portfolios. To carry out such an analysis, an empirical analysis of excess returns in the capital market was performed by using the monthly earning rate of stocks from 2000 to 2013. The purpose of this research is to provide basic data on investment to stakeholders in the capital market by analyzing the effects of R&D on the firm value and to overcome scholarly limitations by offering a new model of analysis. The criteria for classifying the portfolios were based on R&D expenditure levels. The analysis models follow the Fama-French Three-Factor Model and the Carhart Four-Factor Model. The analyses results are as follows. Extrapolating monthly profit rates based on R&D expenditure levels, portfolios with low R&D expenditures showed higher earning rates than those with high R&D expenditures. This suggests that high R&D expenditures did not translate into high earning rates. The investor depreciates the R&D expenditures related profitability and the possibility of success in the market, leading to falls in stock prices and a failure to give a positive effect on the firm value. Our research differs from the previous investigations as we carried out an empirical analysis based on the actual investors' attitudes about R&D expenditures and how these can generate excess earnings. Our research results show that the data related to R&D expenditure are not reflected fully in the market.

전복 치패 산업의 지역별·규모별 경영성과 비교분석 (A Study on the Comparative Analysis of Business Performance of Abalone Seed, Haliotis discus hannai by Region and Farming Size in the Land-based System)

  • 손맹현;박민우;김병학;이시우
    • 수산경영론집
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    • 제46권1호
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    • pp.1-13
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    • 2015
  • This study is aimed comparative analysis for business performance of land-based ezo abalone (Haliotis discus hannai) seed farms by standardizing cost structures by region and farming size. The result of survey on average farming incomes by region showed that farming incomes in Haenam and Jindo regions were much higher than those in other regions. Followed by Wando region, incomes in other regions were analyzed to be relatively lower. It is shown that farming incomes became higher as farm size increased. Farming incomes per unit size which were modified from farming incomes by region were highest in Jindo region, followed by East sea region, Wando and Haenam regions. Incomes in Jeju and Yeosu regions were analyzed to be relatively lower. Results on farming incomes per unit size ($m^2$) showed that both farming incomes and profits became higher as size increased. It implies that a scale effectiveness might exist in case of land-based abalone culture system. Impacts of major factors on farming profits and returns on investment in abalone seed aquaculture are summarized as follow. First, only if the survival rate increased by 10% with improvement of component ratio, variable effects became largest. In variable effects of other factors, a variation in Jindo region was largest and on the other hand, a variation in Yeosu region was shown to be smallest.

의약분업이후 약국 경영수지 및 관련 요인 분석 (Analysis of Financial Performance and Its Factors of Community Pharmacies in Korea: After the Introduction of the Separation of Drug Prescription and Dispensing (SPD) Policy)

  • 박혜경;권창익;엄태훈;김예순;노연숙;정규혁;이의경
    • 약학회지
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    • 제52권6호
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    • pp.507-513
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    • 2008
  • The purpose of this study is to analyze the factors affecting financial performance of community pharmacies after the implementation of the new drug policy in Korea: separation of drug prescription and dispensing (SPD). The online survey questionnaires were sent to the active pharmacists of the total 20,633 community pharmacies in Korea and 1,147 pharmacists responded to the survey (the response rate was 5.5%). The questionnaire asked simple financial data in order to compare their financial performances before and after the policy. With the SPSS package (version 12.0), two levels of data analysis were used: 1) descriptive statistics to see the financial status of the pharmacies; and 2) multiple regression analysis to find the factors. {or A multiple regression method was used for the data analysis.} The finding illustrated that the average net benefit of the pharmacies was 4,870 thousand won in August 2006, and the major factors affecting the net benefit were the location of pharmacy (geographical proximity to medical institutions), number of prescriptions, drug management services for patients, chain pharmacy membership. The findings of this study suggest that service improvement for patients, revitalization of non-prescription drug sales, professional management will contribute to promote community based pharmacy business.

A study on legal improvement on Online P2P financial loan

  • Park, Jong-Ryeol;Noe, Sang-Ouk
    • 한국컴퓨터정보학회논문지
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    • 제22권6호
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    • pp.141-147
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    • 2017
  • Along with the recent growth of Fintech industry and low interest rate basis, one of the alternative investment technique for expecting higher investment profit, P2P loan using P2P financial system is greatly increasing. P2P loan can be referred to as a type of Crowdfunding that the law of Crowdfunding (adopted to revised Capital Market Act) enacted on January 25th 2016 only allows investment type Crowdfunding so that it can be used as a tool of raising fund for startup and venture companies. Also, it is true that Korean government could not make any legislative foundation related to P2P loan. At this moment, those online platform companies mediating P2P loan are not included as financial companies, expected to cause various legal arguments. Financial Services Commission has released a guideline in February of this year saying that limit of P2P loan is 10 million Korean Won per arbitrating company and 5 million Korean Won per borrower. However, what is more important is to make a law supporting this institutional system. If legislation on P2P loan is implemented without care, it may disturb growth of the field but it may result in the damage of investors if not clearly defined by law. As this is the case, first, "revision of execution regulations for loan business" should take place as soon as possible to intensify inspection of loan companies by registering them to Financial Services Commission. Second, saving customer fund separately in the their organization. Third, making law on protecting investors such as regulating exaggerative advertisement. Fourth, to have transparent and fair public announcement system, standardized agreement and guideline describing clear understanding on autonomous public information publication of P2P loan online platform business and information on the borrower.

WDM 시스템에서 OOK와 FSK 전송을 위한 수신기의 동작 특성에 관한 연구 (A Study on the Operational Characteristic of Receiver for the OOK and FSK transmission In a WDM System)

  • 김선엽;나유찬
    • 한국정보통신학회논문지
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    • 제9권8호
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    • pp.1805-1811
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    • 2005
  • WDM 시스템에서 일반적인 디지털 전송기법인 OOK와 FSK 전송신호를 수신하는 수신기를 해석하였다. 성능평가 방법으로는 다양한 에러확률을 대역폭과 비트수의 함수인 m으로 표현하여 수신기의 성능평가를 수행하였다. 시뮬레이션 결과, $10^{-4}$의 에러확률인 m=10 인 경우 OOK 신호에 대한 수신감도는 $1.7{\times}10^2$, FSK의 경우는 $2.2{\times}10^2$, 그리고 $10^{-9}$의 에러확률인 m=25의 경우, OOK와 FSK의 경우 각각 $2.15{\times}10^2$, $3.07{\times}10^2$의 성능을 갖는 것으로 확인되었다. 이를 통해, 광통신 시스템의 기준에러확률인 $10^{-9}$을 기준으로 할 때, 23Gb/S의 전송이 가능함을 보였고, 코딩이득이 $10^{8}$이고, 코드율이 0.8인 경우에는 75Gb/s의 전송용량이 가능함을 확인하였다.