• 한국산학기술학회논문지
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• 제16권10호
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• pp.6534-6542
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• 2015

본 연구에서는 4개 뮤추얼펀드 유형을 대상으로 한국시장에서의 펀드 성과와 펀드 현금흐름 간의 관계를 분석하였다. 주별 및 월별 자료를 사용한 분석결과는 다음과 같다. 첫 번째, 양자 간의 관계는 펀드의 유형에 따라 다르게 나타나고 있으며, 같은 주식형 펀드인 일반주식형 펀드와 인덱스형 펀드 역시 다른 결과를 보여주고 있다. 두 번째, 양자 간의 관계는 펀드시장의 구조변화 이전/이후 기간에서 다른 양상을 보여 시장의 구조변화가 동 관계에 무시할 수 없는 영향을 미쳤음을 보여주었다. 세 번째, 수익률을 추구하는 현금흐름(return chasing flow)은 채권형 펀드에서 가장 강하게 나타났으며, 일반주식형펀드 및 MMF에서는 구조변화 이후 기간에서만 나타났다. 그러나 인덱스형 펀드에서는 전혀 관측되지 않았다. 네 번째, 펀드현금흐름이 향후의 펀드 성과에 미치는 영향은 오직 MMF에서만, 그리고 구조변화 이후의 기간에서만 관측되었다.

• 토지주택연구
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• 제11권3호
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• pp.21-31
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• 2020

This paper quantitatively analyzes the investment performance of the environmental improvement fund focusing on the sales effect and the housing benefit effect. The analysis of this study focused on the effects of sales and housing benefits for completed business sites among the business sites supported by the Environmental Improvement Fund. The analysis results are as follows. First, it appears that the sales effect of the completed workplace is effective compared to the amount of investment, so it seems that the purpose of industrial integration of the environment improvement fund is being achieved. Second, it was found that there are variations by workplace and region in housing benefits. This seems to be due to the fact that profitability can be neglected by reflecting the characteristics of residential facilities built by private businesses. The Environmental Improvement Fund is a policy fund that pursues both profitability and publicity. Therefore, it is necessary to transform the structure of the fund to expand support for industrial infrastructure with high publicity. To this end, it is necessary to establish a long-term management plan that equitably considers the profitability and publicity of the environmental improvement fund.

• 수산경영론집
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• 제27권1호
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• pp.47-56
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• 1996

The pollution in the coastal sea is being aggravated because of frequent happening of red tide and oil leakage from tankers. The Exclusive Economic Zone is being drawn in the seas surrounding Korean Peninsula. Therefore, the fisheries in Korea is under a great change in their production base. On the other hand, the fisheries have been considered as a part of agriculture in policy making and financial support. The thesis compares agriculture with fisheries in the fund demands and financial supports. It tries to find a way in the efficient allocation of fund for the two industries. The fund demand of a typical fishing household is greater than that of a typical farm household. The fund used by a fishery household is more dependent on debt than that of a farm household. Therefore, the internal financing ability of a fishery household is weaker than that of a farm household. The repaying ability of a fishery household is weaker than that of a farm household because a fishery household's income is less than a farm household's. When we analyze the uses of fund, the fishing industry has some disadvantage in fund uses. The financial support for the fisheries' structural change is weaker than that for agriculture. The fishing industry has some disadvantage in the investment and subsidy rates. Also, the loan period for fisheries is shorter on average than that for agriculture. When we analyze the sources of the fund, the fisheries' banking sources are greater than the government's sources, which is relatively stable. Therefore, the fisheries will be more heavily affected by the liberalization of banking industry and system than the agriculture will. The government needs to change the shortcomings in the sources and uses of fund. First, it needs to use the fund, considering the characteristics of the industry and producers' financing ability. Second, it needs to adjust the sources of fund to the liberalization of financial system.

• The Journal of Asian Finance, Economics and Business
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• 제7권4호
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• pp.223-233
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• 2020

This study aims to analyze the influence of apparatus resources, organizational commitment, internal control on the accountability of village fund allocations with the level of education as a moderating. Accountability analysis of village fund allocation is carried out at every stage of planning, implementation stage, administration stage, reporting stage, and accountability stage. The study was conducted in 18 villages in Undaan District, Kudus Regency - Indonesia, with a total sample of 115 village officials. Structural Equation Model analysis techniques with Warp Partial Least Square were used to test the research hypotheses. The results showed that apparatus resources, organizational commitment, and internal control had a positive effect on the accountability of village fund allocations. The level of education strengthens the influence of apparatus resources on the accountability of village fund allocations. The findings of the study further prove that commitment has positive implications for achieving accountability. It means that the higher the commitment made by the government apparatus, the better and higher the effect on accountability in managing public funds. With an ethical commitment of the government apparatus in managing the budget, the use of funds can be in accordance with the planning and designation so that goals can be achieved.

• 한국도로학회논문집
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• 제19권5호
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• pp.21-31
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• 2017

PURPOSES : One of the main components of road projects funded by the Economic Development Cooperation Fund (EDCF) is the improvement or rehabilitation of existing pavements. The result is that pavement structures are critical to the success of a project. There is, however, no design standard available at present that reflects a region's specific features including climate conditions and quality of pavement materials. For this reason, a comparative study of the major EDCF borrowers' flexible pavement design standards was conducted. This study led to the proposal of a new method for applying flexible pavement designs which can be used for EDCF-funded projects in Asia. METHODS : The method has been produced by adjusting some input data of the "AASHTO Interim Guide for Design of Pavement Structures" in accordance with certain Asian countries' geometrical features, tropical and subtropical weather, and strength of pavement materials. The Philippine regional factors, having five different grades, have been selected after taking into consideration the amount of rainfall, strength of pavement materials, and characteristics of the Asia and Pacific regions. Structural layer coefficients have been prepared for two different regions according to the geometric difference between Southeast and Southwest Asia. The Philippine and Sri Lankan coefficients have been used for Southeast Asia and Southwest Asia, respectively. CONCLUSIONS : Owing to applying this new method, it was verified that the thickness of the pavement was underestimated by between 11 cm and 16 cm compared with the originally designed thickness. Having discovered that the use of the Korean and American-oriented factors and coefficients is not appropriate for other Asian countries, the new method is expected to enhance the quality of pavement in future projects.

• 대한안전경영과학회지
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• 제11권2호
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• pp.223-233
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• 2009

This study was aimed at analyzing the structural relationship among such factors as industrial environment, technological cooperation, technological innovation performance and management performance that are essential to technological innovation of small and medium-sized companies. For this aim, an analysis was conducted to determine which of the factors in industrial environment has impact on technological cooperation of small and medium-sized companies. An empirical analysis was also performance to find what kind of effects the technological cooperation may have on technological innovation and management performance. From the analyses, it became known that: first, changes in industrial environment have influence on technical cooperation factors including production technology, technical information, technical manpower and fund for technology that are assorted by means of factorial analysis; second, the technological cooperation of small and medium-sized companies has impact on their technological innovation performance; and third, the technological cooperation of small and medium-sized companies has impact on management performance.

• The Journal of Asian Finance, Economics and Business
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• 제9권3호
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• pp.113-121
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• 2022

The study aimed to assess the availability of intellectual capital in Kuwaiti private universities in terms of its three dimensions (human capital, structural capital, and relational capital), as well as its role in crisis management (crisis preparedness, crisis mitigation, confrontation, and response to the crisis, and learning from the crisis) during the COVID-19 pandemic. Members of the boards of trustees, university presidents, their deputies, and deans of the colleges were chosen as respondents to this study from a sample of (8) private universities in Kuwait, with the sampling unit consisting of leaders in these universities. The study revealed that all dimensions of intellectual capital play a statistically significant impact in executing crisis management during the COVID-19 pandemic at Kuwaiti private universities after conducting the data analysis process. The study concluded that universities should pay attention to intellectual capital in all its dimensions (human capital, structural capital, and relational capital) because of its role in improving their ability to implement crisis management strategies and strive to improve their capabilities to face crises by implementing crisis management strategies.

• Structural Engineering and Mechanics
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• 제50권6호
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• pp.797-816
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• 2014

Cooling tower is analyzed as an assembly of layered nonlinear shell elements. Geometric representation of the shell is enabled through layered nonlinear shell elements to define the different layers of reinforcements and concrete by considering the material nonlinearity of each layer for the cooling tower shell. Modal analysis using Ritz vector analysis and nonlinear time history analysis by direct integration method have been carried out to study the effects of the inclination of the supporting columns of the cooling tower shell on its dynamic characteristics. The cooling tower is supported by I-type columns and ${\Lambda}$-type columns supports having the different inclination angles. Relevant comparisons of the dynamic response of the structural system at the base level (at the junction of the column and shell), throat level and at the top of the tower have been made. Dynamic response of the cooling tower is found to be significantly sensitive to the change of the inclination of the supporting columns. It is also found that the stiffness of the structure system increases with increase in inclination angle of the supporting columns, resulting in decrease of the period of the structural system. The participation of the stiffness of the tower in structural response of the cooling tower is fund to be dependent of the change in the inclination angle and even in the types of the supporting columns.

• 국제지역연구
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• 제15권2호
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• pp.351-381
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• 2011

세계의 모든 국가들은 국가내 지역간 경제적 격차 문제를 가지고 있으며, 특히 유럽연합(EU)의 경우 경제적 발전단계가 각기 다른 27개 회원국들로 구성되어 있어 이러한 지역간 격차문제는 더욱 심각하다고 할 수 있다. 하지만 유럽연합 초기에는 지역정책을 주로 회원국의 손에 맡겨두고 공동체 차원에서는 적극적인 지역정책을 펼치지는 않았다. 그 후 1970년대에 새로운 회원국을 받아들이는 과정에서 유럽지역개발기금(ERDF)을 신설하게 되었고, 이를 계기로 유럽연합의 지역정책은 공동체내에서 주요한 정책으로 부상하였다. 특히 유럽연합이 1980년대 회원국들 간의 단일시장을 추구하고, 1990년대에 경제통화동맹(EMU)을 추진하는 과정에서 지역정책의 역할이 더욱 강화되었고 관련된 기금의 규모가 4배 가까이 증가하게 되었다. 최근에는 중 동유럽국가로 회원국이 확장되면서 회원국들 간의 사회 경제적 격차가 더욱 확대되어 이의 해소를 위한 연합차원에서의 지역정책 역할이 그 어느 때 보다도 절실히 요구되고 있는 시점이다. 이러한 관점에서 이 논문에서는 EU가 설립초기부터 지역간 불평등 문제들을 해소하기 위해 시행해 왔던 지역정책들의 내용과 배경, 발전과정 등을 검토해 본다.

• The Journal of Asian Finance, Economics and Business
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• 제6권4호
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• pp.189-199
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• 2019

The objectives of this study are to propose the Integrated Waqf Environmental Protection Model (IWEP) and investigate the farmers' intention to adopt it. In developing the IWEP model and investigating farmers' willingness to adopt it, this study surveyed 400 farmers in Kedah. The intention of the farmers to adopt the proposed model was analysed by adding perceived barriers and socio-economic variables into the theory of reasoned action (TRA) model. The collected data were processed using structural equation modelling (SEM). The SEM results show that the subjective norm is positive and has a significant impact on the intentions of low-income farmers to accept the IWEP model. This indicates that the decision of the low-income farmers to accept the IWEP model is significantly influenced by their family members, neighbours and friends. Furthermore, awareness and perceived barriers have a greater impact on the elderly, highly educated and wealthy farmers. The findings indicate that the elderly, highly educated and wealthy farmers are aware of climate change and they perceive higher risks or barriers to climate change. As a result, they are more likely to have an adaptation intention. If we encourage people to create waqf fund, we can increase the value of the farmer and the country's total GDP.