• 대한가정학회지
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• 제38권10호
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• pp.181-197
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• 2000

The purposes of this study were to compare financial status of home-based family business with that of ensile family business, and to analyze the factors effected on financial status of both business groups. The sample consisted of 295 home-based family business and 418 ensile family business among self-employed household of 1998 Korea Household Panel Data, and analyzed into Frequencies, Percentile, t-test, $\chi$$^2$-test and Regression. The findings were as follows: First, in case of financial status of household, there was no significant difference between home-based family business and ensile family business. Second, in case of financial status of business, total sales amount and net profit of home-based family business were lower than those of onsite family business, however net profit to total sales ratio of home-based family business was higher than those of onsite family business. Third, the factors contributing to total expenditure to total income ratio of home-based family business were business owner's present economic perception, future economic expectancy and residence, while business owner's age, the number of children and of tamer, and residence were significant variables contributing to same ratio of onsite family business. The factors contributing to total asset to total debt ratio of home-based family business was only business owner's future economic expectancy, however factors affected on the counterpart were business owler's future economic expectancy and job type of family business. Fourth, the variables of sex, age, educational level of family business owner, job type and family type of family business were associated with net profit to total sales ratio of home-based family business, and sex, educational level of family business owner, job type of family business, and the number of employees were related to same ratio of the counterpart. In addition, educational level of family business owner, job type and residence were related with total sales to the number of employees ratio of home-based family business, and educational level of family business owner and job tape of family business were related to same ratio of ensile family business.

• The Journal of Asian Finance, Economics and Business
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• 제7권5호
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• pp.19-29
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• 2020

The paper examines the impact of information about cash flow from operating activities of firms listed on Vietnam's stock market to the decision making of individual investors. Data were collected from interviews with 160 individual investors about their investment decisions based on information on profit growth and cash flow growth from operating activities. T-test was conducted to research on Vietnam's stock market - a market considered as information that is not really public, transparent and ineffective. The research results show that: (1) investors do not care about cash flow from operating activities when making investment decisions if the company's profits grow positively, (2) information about cash flow from operating activities only affects the decisions of individual investors once profit growth is negative, and (3) conflicting information between profit growth and cash flow growth from business activities significantly affects the confidence and comfort of investors in Vietnam's stock market when they make investment decisions. Then, the study points out the mistake of investors when making investment decisions, and offers recommendations to investors when making investment decisions, not only concerned with profit growth, but also paying special attention to cash flow growth, especially cash flow from the company's business operations.

• 아태비즈니스연구
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• 제11권4호
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• pp.21-36
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• 2020

Purpose - This study analyzes the effect of sellers' dishonesty on various market outcomes such as seller profit, buyer profit, and market welfare, through precisely measuring the level of sellers' information disclosure and its economic impacts. As an explicit observation of sellers' dishonesty is not easy in most other settings, this study is expected to suggest unique and meaningful implications on the effect of sellers' incomplete information disclosure to researchers, managers, and policy makers. Design/methodology/approach - In order to precisely measure the level of sellers' dishonesty under information asymmetry, this study analyzes the data from an incentive-based economic experiment using z-Tree software. This experimental method enables us to focus on the strategic interactions among participants, observe the integrity of seller's information disclosure, and reproduce real market situations. Findings - The analysis of sellers' dishonesty has provided the following important and counterintuitive findings about the reality of buyer-seller interactions under information asymmetry. First, sellers' lies do not affect seller profit even when they are very intensive. Second, sellers' dishonesty negatively affects buyer profit and the entire market welfare. Third, a seller's quality claim has a positive effect on the seller profit only when a seller is being honest. Research implications or Originality - This study analyzes sellers' dishonesty using incentive-based economic experiment using z-Tree software which provides a straightforward examination on dishonest behavior of sellers, that is not readily available with other types of observational or experimental data.

• The Journal of Asian Finance, Economics and Business
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• 제7권11호
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• pp.657-668
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• 2020

This paper investigates the effect of market structure, including some bank-specific variables and macroeconomic conditions, on the profitability of Indonesian Islamic rural banks. We apply the structure conduct performance (SCP) and the relative market power (RMP) hypothesis. Panel data comprising 142 Islamic rural banks from 2013Q1 to 2018Q4 are employed. This study breaks them apart, associated with the level of economic development consisting of Java as developed regions and outside Java as less developed regions. This study employs static and dynamic panel regression. The GMM method, however, is appropriate because of the dynamic nature of profitability. Our results confirm the SCP hypothesis and fail to support the RMP hypothesis. The higher market concentration allows Islamic rural banks to generate a significantly higher profit by conducting a collusive strategy. More interestingly, the collusive behavior may result in more profit for Islamic rural banks located in the developed regions than those in less developed regions. Evidence also highlights the importance of operating efficiency and impaired financing on profitability. High operating efficiency and low impaired financing can improve profit. Our results suggest that capitalizing market share by improving efficiency and optimizing financing contracts between PLS and non-PLS contracts also improve profit.

• 대한가정학회지
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• 제38권7호
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• pp.13-26
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• 2000

The purpose of this study were to identify the financial status of the home based business, and to analyze the factors effected on it. The sample consisted of 713 self-employed from data of 1998 Korea Household Panel Study, and analyzed into Frequencies, Percentile, t-test, $\varkappa$$^2$-test, and Regression Analysis. The findings showed that the household income and expenditure level of female self-employed was higher than those of male self-employed. In case of financial status of business, male self-employed's net profit was higher than female's and the net profit to total sales ratio of male self-employed was greater than female's. The factors contributing to total expenditure to total income ratio were sex, educational level, future economic expectancy, residence and home ownership of self-employed, while the factor effect on total asset to total debt ratio was only total household income. The Variables of sex, educational level of self- employed, job type of home based business and the number of employees in home based business were associated with net profit to total sales ratio, age and educational level of serif-employed, and job type of home based business was related to total sales to the number of emploees ratio(labor productivity).

• The Journal of Asian Finance, Economics and Business
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• 제9권4호
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• pp.273-285
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• 2022

Using data from a departmental profit and loss management questionnaire survey conducted for a group of hospitals consisting of various establishment entities, this study evaluates the effectiveness of departmental profit and loss management practices, such as break-even analysis, based on objective performance data. The study also examines whether the implementation of departmental profit and loss accounting is still effective in improving profitability in the financial year 2021 and whether the effectiveness of the implementation of departmental profit and loss accounting is robust. This study reconfirmed that the implementation of departmental profit-and-loss accounting has a positive effect on objective financial performance in hospitals and that the effect of improving profitability can be enhanced by implementing it monthly with high frequency and regularity and by using the accounting results more actively. It was also found that the department's implementation of break-even analysis had a positive impact on financial performance, which was enhanced by more active use of the data. Given the current economic climate, a hospital organization's active participation in income statement management, not only for the hospital as a whole but also for each department, would be an effective management activity.

• 경영과정보연구
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• 제9권
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• pp.65-80
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• 2002

As the growth of Internet business, many web sites have been developed their own Internet business strategies. Yet, many web sites have difficulties to make profit. In this paper, an economic model is developed to analyze web sites' quality and pricing strategies when they initiate their services as free services and develop advertising services and other charged services. By analyzing the economic model, optimal quality and prices was found. And by analyzing the optimal strategy, I found that web sites should properly decide their market share on initial customer. Finally, the importance of web sites' productivity to make profit is emphasized.

• Journal of Information Technology Applications and Management
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• 제22권2호
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• pp.43-70
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• 2015

Concerns have been growing about whether domestic internet protocol television (IPTV) can establish a solid foothold in the pay TV market, largely because of the lack of IPTV-only content and service differentiation. It has been difficult for IPTV providers to attract valuable PPs (program providers) to strengthen their positions, and IPTV providers have invested much money into procuring content. To survive this difficult situation, IPTV providers need to reappraise their profit sharing methods and content distribution structure to facilitate the expansion of their subscriber base. This can be done by attracting valuable PPs to IPTV providers and securing extra revenue by distributing more content for their PP partners. The IPTV industry has a different structure and value chain from the digital cable industry. Moreover, profit sharing schemes among participants in the IPTV industry are complicated. Thus it is essential to analyze the criteria for profit sharing, the selection of attributes in profit sharing, and their cause-effect relationship in developing fair pricing for broadcast content in the IPTV industry. This study introduces the attributes that need to be considered for the pricing of content and profit sharing among IPTV providers and PPs. In addition, this study uses system dynamics to analyze the relationship among those attributes along with additional associated factors for the pricing of content.

• 수산경영론집
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• 제25권2호
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• pp.47-58
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• 1994

This paper tries to estimate cost and profit functions under Cobb - Douglas production technology in the coastal fishing, using duality theory of production technology and cost function. Therefore this paper estimates in advance the production functions with two input variables, the number of working persons per tonage(WEMP) and the number of fishing equipment per tonage(WEQU). Then this paper estimates profit function and implicit cost function using the estimated coefficients from production functions. The results of this study show that the annual average profit pertonage of long bag set fishing and trap fishing amount to 4.1 million won and 3.9 million won respectively.

• 산학경영연구
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• 제19권1호
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• pp.25-34
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• 2006

직접시공이나 하도급시공은 건설산업기본법에 의해 정한 시행령에 따라 시공하는 것이 원칙이나 직접시공이나 하도급시공시 수익성을 비교하여 이익 창출을 극대화하는 방향으로 의사결정이 된다. 이 연구에서는 민간공사 사례를 바탕으로 직접시공과 하도급시공의 공사원가와 수익성을 비교분석하였다. 자료 수집은 S건설에서 2002년과 2003년에 공사한 근린생활 및 단독주택을 토대로 하였다. 공사건수의 사례는 직접시공과 하도급시공 각각 3건의 공사에 의한 평균비율 값에 의하여 비교분석하였다. 이 연구의 사례를 분석한 결과, 공급가액 대비 매출총이익에 대한 수익률은 하도급시공이 직접시공 보다 1.3% 높은 수익률을 올린 것으로 분석되었다. 영업이익에 대한 수익률은 하도급시공이 직접시공보다 2.3% 높은 수익률을 올린 것으로 분석되었다. 마지막으로 하도급시공(영업이익률 11.7%)이 직접시공 공사에 대해 4대 보험료 차감후의 최종 영업 이익률이 4.4% 더 많이 발생한 것으로 분석되었다. 그러므로 건설회사는 하도급을 주는 것이 수익률이 높다는 것을 알 수 있고, 노무자 관리 또한 용이한 것으로 나타났다.