• 제목/요약/키워드: earnings rate

검색결과 63건 처리시간 0.03초

컨테이너 터미널 성능평가를 위한 대용량 이벤트 로그 정제 방안 연구 (Refining massive event logs to evaluate performance measures of the container terminal)

  • 박은정;배혜림
    • 한국빅데이터학회지
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    • 제4권1호
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    • pp.11-27
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    • 2019
  • 컨테이너터미널 경영환경이 악화됨에 따라 컨테이너터미널의 수익률은 점차 감소하고 있다. 컨테이너터미널 운영자는 전반적인 컨테이너터미널의 문제점을 분석하고 개선함으로써 컨테이너터미널의 글로벌 경쟁력을 높이고자 한다. 이를 위해 컨테이너터미널은 운영 중 생성되는 데이터를 실시간으로 수집 및 저장하고 있으며, 운영자는 저장된 데이터를 활용하여 운영 문제를 분석하고자 많은 노력을 기울여왔다. 본 연구에서는 컨테이너터미널 운영 프로세스의 특성을 분석하고 컨테이너터미널 운영을 효과적으로 분석하기 위한 컨테이너 프로세스 및 CKO(container keeping object) 프로세스를 제안한다. 또한 TOS(terminal operating system)에 저장된 데이터로부터 본 연구에서 제안된 프로세스를 생성하기 위한 이벤트 로그를 정의한다. 제안된 프로세스를 활용하여 비정상적인 프로세스를 만드는 불완전한 이벤트 로그가 어떻게 효과적으로 정제되는지 설명한다. 이벤트 로그를 쉽고 빠르게 수정하기 위한 프레임워크를 제안하였으며, 이를 검증하기 위해 python2.7을 이용하여 해당 프레임워크를 구현하였다. 또한 실제 컨테이너터미널에서 수집된 데이터를 입력 데이터로 사용하여 제안된 프레임워크의 타당성을 검증하였다. 그 결과, 이벤트 로그 정제를 통해 컨테이너터미널의 비정상적인 프로세스가 크게 개선되었음을 확인할 수 있었다.

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프랑스 상업영화 제작 사례 연구 (Case Study on a French Commercial Film Production)

  • 노철환
    • 트랜스-
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    • 제1권
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    • pp.141-166
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    • 2016
  • 프랑스는 공공 자금의 비중이 큰 독특한 영화제작 방식을 가지고 있다. 그 배경에는 가장 완벽하다고 인정받는 영화지원제도가 자리하고 있다. 다른 어떤 나라보다 영화산업의 질서가 형성되어 있다. 본고는 기획부터 영화 상영까지 프랑스영화 제작단계를 따라간다. 프랑스영화의 제작 규모, 제작 승인에서 캐스팅, 예산의 결정과 주요 투자 주제, 영화 스태프의 임금과 이를 규정하는 단체협약, 개봉, 해외 판매 그리고 수익 배분을 살펴본다. 본 연구는 프랑스영화산업, 특히 제작 분야에 대한 전반적인 이해를 도모한다. 이를 위해 바네사 파라디와 로망 뒤리스가 주연한 로맨틱 코미디, <하트브레이커(L'Arnacœur)>(2010)를 사례 연구로 삼았다. 본 연구는 프랑스영화산업 시스템의 구동 구조를 들여다본다. 이는 한국영화산업 앞에 놓여 있는 여러 문제점들, 스크린 독과점, 대기업 수직계열화, 부실한 2차 시장, 낮은 수익률에 대한 해법을 찾는데 도움이 될 것이다.

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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.

대학교 교직원 및 그가족의 의료에 관한 연구 -이화 여자 대학교를 중심으로- (A Study on the Health Care of Ewha Womans University Staff, Faculty and Families)

  • 강지용
    • Journal of Preventive Medicine and Public Health
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    • 제7권1호
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    • pp.163-173
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    • 1974
  • A study on the health care of Ewha Womans University staff, faculty and families was conducted during the period from March 1973 to August 1974 using designed questionaire. A total of 196 persons who were randomly sampled as 27.3% of the total staff and faculty 789 were studied. The response rates were 96.0%. The results and findings obtained from the study are summerized as follow. 1. The sex ratio of the members the faculty and the staff shows 83.2% and the singles are 37.2% of the total. Their mean family size being 4.6 persons per capita, each family has mean number of 2.3 childeren. 2. The median monthly income of a member of faculty amounts \114,000 and that of a staff \43,077. It amounts \79,333 when the median monthly income of both the members of the faculty and the staff are taken. Consequently, it amounts \91,727\ per family (Assumed mean). 3. 71.4% of the total hold the house of their own. A spouses of 59.4% of them are working for the additional income of the family. 4. Their health condition is rated fair, i. e. 92.3% of them enjoy good health. Out of total members faculty and the staff, 20.6% are cared by family physician. 36.2% of them feel that they are burdened by heavy medical expense. 5. 76.7% of them have affirmatively responded that they would purchase medical insurance policy when they were offered. It reaches 84.0% of the total who consider buying the policy for their dependents. 74.0% of them desire to purchase the policy for their spouse's parents. 6. The monthly prevalence rate reaches 17.0% and the hospital admission rate 4.7%.12.3% of them affirmatively responded that they had chronic diseas. The number of sick call per capita counts 0.2 per month and the hospital admission rate 0.05. 7. To examine the nature of their disease, the respiratory disease is rated to be the top and the gastro-intestinal disease comes to the next. As far as chronic disease is concerned, the gastro-intestinal disease is predominent. 8. As to their treatment, 65.4% of them get the physician's treatment and 17.0% treatment of drug purchasing and 7.7% prefer Chinesedrug. 6.6% of them gets no medical treatment at all. 9. The treatment ratio, including drug purchasing and other means, reaches 93.4%. 60.7% of them affirmatively responded that they did not or could not get physician's treatment at least once even though they thought they had to. It is disclosed that 25.4% of them are caused by economical reason. 10. Average medical expense per case amounts \7,116 and monthly medical expense per capita \1,345. Consequently, average monthly medical expense per family amounts \6,185. 11. The medical expense of a family is rated 7.7% of total earnings of the same period.

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자영업 선택의 결정 요인에 관한 연구 (A Study of Selection of Self-employment in Korea)

  • 전병유
    • 노동경제논집
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    • 제26권3호
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    • pp.149-179
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    • 2003
  • 본 연구는 외환위기 이후 우리나라에서 자영업 선택에 영향을 미치는 요인들을 미시적이고 거시적인 차원에서 종합적으로 검토하였다. 특히, 금전적인 제약과 실업률로 대표되는 경기적 요인이 자영업 선택에 미치는 요인에 대해서 검토하였다. 한국노동연구원의 "한국노동패널" 1~4차년도 자료와 통계청의 "경제활동인구조사"를 사용하여 분석한 결과, 학력이나 직업 경험과 같은 인적자본은 남성의 자영업 선택에 정(+)의 효과를 가지는 것으로 나타났고, 여성의 경우에는 직업 경험이 자영업 선택에 부(-)의 효과를 가지는 것으로 나타났다. 부동산 자산 소유는 고용주 선택에서만 유의한 것으로 나타난 반면, 금융 자산 소유에 따른 소득은 자영업 선택에 오히려 부(-)의 효과를 가지는 것으로 나타났다. 기업가적인 문화와 환경 조건을 반영하는 자영업 경험 여부 또는 부모가 자영업인가의 여부는 남녀 모두 유의하게 자영업의 선택 확률을 높이는 방향으로 작용하는 것으로 나타났다. 한편, 본 연구에서 가장 관심있게 검토한 실업률과 자영업 선택 간의 관계는, 우선 미시적인 분석에서 선택편의와 예상소득기회의 차이를 통제한 구조 모형에서 실업률은 유의하게 정(+)의 효과를 가지는 것으로 나타났다. 또한, 거시 분석에서도, 경기변동과 노동시장의 조건을 반영하는 실업률과 자영업 선택 간의 관계는 외환위기 이후 대체로 정(+)의 관계를 나타내는 것으로 나타나고 있어, 자영업은 실업에 대한 하나의 대안이라는 '밀어내기 가설'을 지지하는 것으로 나타났다. 이는 경기변동에 대응하는 자영업 선택에 관한 개인의 의사결정에서 자영업 선택에 따른 소득기회와 관련된 여러 가지 불확실성과 개인적 특성의 차이 등이 중요하게 작용하고 있음을 시사한다.

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The Economic Burden of Cancer in Korea in 2009

  • Kim, So Young;Park, Jong-Hyock;Kang, Kyoung Hee;Hwang, Inuk;Yang, Hyung Kook;Won, Young-Joo;Seo, Hong-Gwan;Lee, Dukhyoung;Yoon, Seok-Jun
    • Asian Pacific Journal of Cancer Prevention
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    • 제16권3호
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    • pp.1295-1301
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    • 2015
  • Background: Cancer imposes a significant economic burden on individuals, families and society. The purpose of this study was to estimate the economic burden of cancer using the healthcare claims and cancer registry data in Korea in 2009. Materials and Methods: The economic burden of cancer was estimated using the prevalence data where patients were identified in the Korean Central Cancer Registry. We estimated the medical, non-medical, morbidity and mortality cost due to lost productivity. Medical costs were calculated using the healthcare claims data obtained from the Korean National Health Insurance (KNHI) Corporation. Non-medical costs included the cost of transportation to visit health providers, costs associated with caregiving for cancer patients, and costs for complementary and alternative medicine (CAM). Data acquired from the Korean National Statistics Office and Ministry of Labor were used to calculate the life expectancy at the time of death, age- and gender-specific wages on average, adjusted for unemployment and labor force participation rate. Sensitivity analysis was performed to derive the current value of foregone future earnings due to premature death, discounted at 3% and 5%. Results: In 2009, estimated total economic cost of cancer amounted to $17.3 billion at a 3% discount rate. Medical care accounted for 28.3% of total costs, followed by non-medical (17.2%), morbidity (24.2%) and mortality (30.3%) costs. Conclusions: Given that the direct medical cost sharply increased over the last decade, we must strive to construct a sustainable health care system that provides better care while lowering the cost. In addition, a comprehensive cancer survivorship policy aimed at lower caregiving cost and higher rate of return to work has become more important than previously considered.

부정기선 운임율의 결정에 관한 이론적 고찰 (A Study on the Determination of Tramp Freight Rates)

  • 이종인
    • 한국항해학회지
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    • 제4권2호
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    • pp.45-79
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    • 1980
  • The aim of this paper is to analyze the mechanics of price formation in the tramp shipping. For the purpose of this study, the main characteristics of tramp freight rates and the market is examined, and a brief examination of the nature ofthe costs of operation is given which are essential for the understanding of the functioning of shipping firms as well as for the understanding of developments in the tramp freight market. The demand and supply relationships in the market is also analysed in detail. Tramp shipping is an industry that has a market which functions under conditions that are not dissimilar to the theoretical model of perfect competition. However, it does notmean that tramp shipping market is a perfectly competitive market. It is apparent that this realworld competitive system has its imperfections, which means that the market for tramp shipping is near to being a perfectly competitive market on an internaitonal scale and it is freight are therefore subjext to the laws of supply and demand. In theory, the minimum freight rate in the short term is that at which the lowest cost vessels will lay-up in preference to operating, and is equal to the variable costs minus lay-up costs; and this would imply that in all times except those of full employment for ships there is a tendency for newer low-cost, and, probably, faster vessels to be driving the older high-cost vessels in the breaker's yards. In this case, shipowners may be reluctant to lay-up their ships becasue of obligations to crews, or because they would lose credibility with shippers or financiers, or simply because of lost prestige. Mainly, however, the decision is made on strictly economic grounds. When, for example, the total operating costs minus the likely freight earnings are greater than the cost of taking the ship out of service, maintaining it, and recommissioning it, then a ship may be considered for laying-up; shipowners will, in other words, run the ships at freight earnings below operating costs by as much as the cost of laying them up. As described above, the freight rates fixed on the tramp shipping market are subject to the laws of supply and demand. In other words, the basic properties of supply and demand are of significance so far as price or rate fluctuations in the tramp freight market are concerned. In connection with the same of the demand for tramp shipping services, the following points should be brone in mind: (a) That the magnitude of demand for sea transport of dry cargoes in general and for tramp shipping services in particular is increasing in the long run. (b) That owning to external factors, the demand for tramp shipping services is capable of varying sharphy at a given going of time. (c) The demad for the industry's services tends to be price inelastic in the short run. On the other hand the demand for the services offered by the individual shipping firm tends as a rule to be infinitely price elastic. In the meantime, the properties of the supply of the tramp shipping facilities are that it cannot expand or contract in the short run. Also, that in the long run there is a time-lag between entrepreneurs' decision to expand their fleets and the actual time of delivery of the new vessels. Thus, supply is inelastic and not capable of responding to demand and price changes at a given period of time. In conclusion, it can be safely stated that short-run changes in freight rates are a direct result of variations in the magnitude of demand for tramp shipping facilities, whilest the average level of freight rates is brought down to relatively low levels over prolonged periods of time.

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소유경영기업과 전문경영기업의 스톡옵션 부여 후 장기성과 결정요인 (Long-Run Stock Price Performance of the Firms that Grant Stock Options and the Separation of Ownership and Management)

  • 정재욱;배길수
    • 재무관리연구
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    • 제24권1호
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    • pp.149-182
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    • 2007
  • 본 연구는 한국유가증권시장(거래소시장)에 상장된 기업 중 1997년부터 2002년까지 스톡옵션을 부여한 기업을 소유경영기업과 전문경영기업으로 분류하여 스톡옵션 도입 후 장기성과에 영향을 주는 요인을 분석한다. 스톡옵션 제도의 도입목적이 주주와 경영자 사이의 대리인비용 절감이라면, 소유경영기업보다는 전문경영기업이 스톡옵션 도입 후 장기성과를 분석하는데 적합할 것이다. 선행연구에서는 주주와 경영자 사이의 대리인비용은 경영자지분과 시가장부가비율이 낮을수록, 현금흐름률, 매출성장률이 높을수록 높다고 주장하였다. 본 연구는 다양한 대리인비용의 대용치를 사용하여 스톡옵션 부여 후 장기주가성과를 분석하였다. 연구결과 전문경영기업의 장기주가성과는 경영자지분 및 시가장부가비율과는 음의관계를, 매출 성장률, 일인당 옵션규모와는 양의 관계를 갖는다. 반면에 소유경영기업의 장기주가성과는 현금흐름률 및 매출성장률과는 음의관계를, 자산규모와는 양의관계를 갖는다. 이러한 결과는 전문경영기업에서는 주주와 경영자 사이의 대리인비용이 스톡옵션 도입 후 성과를 결정하는 중요한 요소임을 의미한다. 그러나 소유경영기업에서는 스톡옵션이 주주와 경영자 사이의 대리인비용 절감 보다는 비현금보상, 신호, 기업 내 대리인비용 절감 등의 목적으로 이용된다는 가능성을 제시한다. 본 연구는 기업특성과 목적에 부합하도록 스톡옵션을 활용하는 것이 기업 성과 향상에 기여한다는 해석과 일관성이 있다.

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주식유통시장의 층위이동과 장기기억과정 (Level Shifts and Long-term Memory in Stock Distribution Markets)

  • 정진택
    • 유통과학연구
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    • 제14권1호
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    • pp.93-102
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    • 2016
  • Purpose - The purpose of paper is studying the static and dynamic side for long-term memory storage properties, and increase the explanatory power regarding the long-term memory process by looking at the long-term storage attributes, Korea Composite Stock Price Index. The reason for the use of GPH statistic is to derive the modified statistic Korea's stock market, and to research a process of long-term memory. Research design, data, and methodology - Level shifts were subjected to be an empirical analysis by applying the GPH method. It has been modified by taking into account the daily log return of the Korea Composite Stock Price Index a. The Data, used for the stock market to analyze whether deciding the action by the long-term memory process, yield daily stock price index of the Korea Composite Stock Price Index and the rate of return a log. The studies were proceeded with long-term memory and long-term semiparametric method in deriving the long-term memory estimators. Chapter 2 examines the leading research, and Chapter 3 describes the long-term memory processes and estimation methods. GPH statistics induced modifications of statistics and discussed Whittle statistic. Chapter 4 used Korea Composite Stock Price Index to estimate the long-term memory process parameters. Chapter 6 presents the conclusions and implications. Results - If the price of the time series is generated by the abnormal process, it may be located in long-term memory by a time series. However, test results by price fixed GPH method is not followed by long-term memory process or fractional differential process. In the case of the time-series level shift, the present test method for a long-term memory processes has a considerable amount of bias, and there exists a structural change in the stock distribution market. This structural change has implications in level shift. Stratum level shift assays are not considered as shifted strata. They exist distinctly in the stock secondary market as bias, and are presented in the test statistic of non-long-term memory process. It also generates an error as a long-term memory that could lead to false results. Conclusions - Changes in long-term memory characteristics associated with level shift present the following two suggestions. One, if any impact outside is flowed for a long period of time, we can know that the long-term memory processes have characteristic of the average return gradually. When the investor makes an investment, the same reasoning applies to him in the light of the characteristics of the long-term memory. It is suggested that when investors make decisions on investment, it is necessary to consider the characters of the long-term storage in reference with causing investors to increase the uncertainty and potential. The other one is the thing which must be considered variously according to time-series. The research for price-earnings ratio and investment risk should be composed of the long-term memory characters, and it would have more predictability.

산업유형별 데이터융합과 데이터처리 모델의 설계 (Design of Data Fusion and Data Processing Model According to Industrial Types)

  • 정민승;진선아;조우현
    • 정보처리학회논문지:소프트웨어 및 데이터공학
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    • 제6권2호
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    • pp.67-76
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    • 2017
  • 다양한 분야의 산업 현장에서는 복합적으로 대용량의 데이터가 상호 연관성을 가지고 발생한다. 산업유형별 공정에서 다양한 데이터들을 수집할 수 있으나, 각 프로세스 사이에서 서로 연관성 있게 통합하지 못하고 있다. 기존 산업유형별 데이터는 성형조건표 설정치 값과 작업공정에서 문제가 발생 했을 경우 작업자가 임의 값을 입력하였다. 본 논문에서는 각 산업유형별로 수집되는 데이터의 융합 및 분석처리 모델의 설계를 하고, 예측 사례(자동차 커넥트)를 통해서 표준 성형 조건표를 통한 마스터 데이터와 제조공정 과정에서 수집된 생산이력파일을 비교분석하여 다양한 불량요인과 예외사항에 대한 패턴분석과 재해석, 작업자에 대한 임의 값을 수치화를 통해 새로운 성형 조건표를 통한 불량률 감소, 생산성 증가, 공정 개선, 원가 절감 등의 기업 수익 향상과 제조 산업의 공정에 맞는 다양한 데이터분석과 검증 모델을 설계할 수 있다. 또한, 분석 검증된 표준 설정치에 의한 제조 공정의 최적화, 일관성, 객관성을 확보할 수 있고 다양한 패턴유형을 통한 산업유형별에 맞는 최적화(표준 설정치) 기술을 지원할 수 있다.