• 제목/요약/키워드: incentives

검색결과 842건 처리시간 0.025초

자기주식 취득 및 처분 공시가 주주의 부에 미치는 영향 - 취득 및 처분목적을 중심으로 - (The Announcement Effects of Stock Repurchase and Stock Dispositions on Shareholder Wealth)

  • 설원식;김수정
    • 재무관리연구
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    • 제22권1호
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    • pp.37-69
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    • 2005
  • 본 연구에서는 자기주식 취득 뿐 아니라 자기주식 처분도 주주의 부에 영향을 미치는가와 취득목적 및 처분목적에 따라 주주의 부에 미치는 영향이 서로 다르게 나타나는가를 검증하였다. 실증분석 결과, 주가 안정 목적이나 이익소각 목적의 자기주식 취득 공시는 양(+)의 초과수익률을 주지만, 임직원에게 인센터브를 제공하기 위한 자기주식 취득 공시는 음(-)의 초과수익률이 나타남을 발견하였다. 또 임직원 인센티브용 자기주식 처분이나 만기로 인한 신탁계약 해지는 주가에 부정적인 영향을 주지만, 운영자금 조달이나 재무구조 개선을 위한 자기주식 직접처분은 주주의 부를 유의적으로 증가시키는 것으로 나타났다. 횡단면 분석에서도 자기주식 취득 및 처분은 그 목적에 따라 초과수익률에 영향을 주는 요인이 다름을 확인하였다. 본 연구의 결과는 자기주식 처분도 중요한 재무전략의 하나로 인식되어야 하며, 나아가 자기주식의 취득이나 처분에 관한 연구는 그 목적을 감안하고 접근해야 함을 시사한다.

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농촌학교학생의 교육환경조성 개선방향 (Direction for Improving the Educational Environment of Rural School Students in Korea)

  • 정지웅
    • 교육녹색환경연구
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    • 제3권1호
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    • pp.1-14
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    • 2003
  • This study attempts to review the present situations of rural schools in South Korea, to analyze problems regarding the educational environments for their students, and to present direction for improving toward better educational environments. All the data and information are based on using avaiable documents and personal macro observation and insights. The sharp decrease of rural population for recent decades has made lots of public schools unexceptionall much smaller by school number and students' number. Nearly five thousands of rural small schools have already been abolished and the rest are also endangered to be dosed. In order to tackIe such problem, the Government has been trying to provide rural students with better educational environment, but failed to attract them to stay in rural schools. Most of rural school students have poorer family environment, underprivilged school learning environment, and less civilized community environment. Those normal parents living in rural areas are likely to send their kids to urban schools for prior opportunities to enter better quality of higher level of schools and then the remained attending rural schools are those who live with grand parents or whose parents are very disadvantaged. The rural school teachers are teaching much less number of students compared to urban teachers, but their students are less achieved learners. Notwithstanding their abudant natural community learning environments, the rural school students are less making use of those resources and less benefited from more civilized life due to their underdeveloped community conditions. In order to improve such educational environments, incentives for young couples to safely reside in rural communities, incentives for better qualified teachers to preferably work for rural schools, better learning facilities for rural school students and for better vocational experiences, lifelong learning opportunities for all community people, and increased public support to rural development for rural people not to worry about their rural lives, need to be guarantyed.

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제4차 산업혁명의 기술 상용화에 관한 연구 (A Study on Technology Commercialization in the 4th Industrial Revolution)

  • 성태경
    • 서비스연구
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    • 제9권1호
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    • pp.73-86
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    • 2019
  • 본 연구는 제4차 산업혁명과 기술 상용화에 대해 논의하고, 기술 상용화에 영향을 미치는 성공 요인을 문헌 연구를 통하여 도출하여, 제4차 산업혁명을 주도하는 산업계 경영진에게 설문을 통하여 이들 요인을 실증적으로 검증하였다. 문헌연구 결과 기술 상용화에 영향을 미치는 11가지 성공 요인은'대화와 소통','경영층 지원','경영에 대한 이해','기술 상용화의 이해','관련자간의 협력','기술 상용화 장려책','공동목표 인식','정부 지원','기술 상용화 경험', '기술의 구체성','수요자 요청 기술'이었다. 404부의 설문지를 제4차 산업혁명 업계에 속하는 기업의 CEO와 CIO에게 발송하였고, 최종 응답률은 64.4%(260부)로서 상당히 높은 참여율을 보였다. 응답자들은 제4차 산업혁명의 기술 상용화에 가장 중요한 요인으로'관련자간의 협력'을 꼽았고, 뒤이어'경영층 지원','대화와 소통','공동 목표 인식','기술 상용화에 대한 이해'순으로 평가하였다. 기업이 제4차 산업혁명의 기술 상용화 프로젝트의 성공 가능성을 제고하기 위해서는, 본 연구에서 높은 평가를 받은 성공 요인들에 높은 관심을 가지고 사업을 추진하여야 할 것이다.

Institutional Quality, Regulatory Environment and Microeconomic Performance: Evidence from Transition and Non-transition Developing Countries

  • Ochieng, Haggai Kennedy;Park, Bokyeong
    • East Asian Economic Review
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    • 제25권3호
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    • pp.273-309
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    • 2021
  • The development of regulatory systems varies between transition and non-transition economies. This suggests that they provide different incentives for entrepreneurial development and could have varied effects on the economy because they have different methods to deal with market failure. However, limited empirical evidence exists to prove the assumption of dichotomy. Using comprehensive data for institutional quality, labor market and financial market development, this research sought to analyze their effect on employment growth at micro level. The results show that the quality of institutions in transition economies are poorer relative to those in non-transition economies, but their financial and labor markets are more developed than the latter. Further analysis for the transition sample shows that the three variables are individually positively related with employment growth. For the non-transition sample, institutional quality and labor market flexibility bear a positive and significant effect on employment. Financial market development enters the model with a negative coefficient when regressed alone, but a joint test of significance finds that all the variables have a positive effect on employment growth. This result could imply that there is interdependence between institutional quality, labor flexibility and financial market development in firm-employment-growth relationship, or complementarity between regulations and the quality of institutions. Alternatively, this finding suggests that a stringently regulated credit market in non-transition economies have a selection effect-allocating credit only to entrepreneurs who already demonstrate strong growth potential. In sum, despite differences in the evolution of regulatory environment between the two samples, both of them complement employment growth at firm level. The overall implication of these findings is that less rigid regulations and coherent policies that are enforced with impartiality provide incentives for firms to expand.

택시호출 간 기대수익 조정을 통한 택시 수급불일치 완화방안 연구 (A Study on the Mitigation of Taxi Supply and Demand Discrepancy by Adjusting Expected Revenues of Platform Taxi Calls)

  • 송재인;강민희;황기연
    • 한국ITS학회 논문지
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    • 제20권5호
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    • pp.157-171
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    • 2021
  • 스마트폰 보급과 ICT 기술을 발전에 따라 택시영업의 형태는 배회영업에서 플랫폼 기반 영업으로 변화해왔다. 이는 이용자의 이동성 및 접근성을 향상시키는 장점을 갖고 있지만 반대로 단거리 및 첨두수요 시간대의 간접 승차거부 등의 문제를 지속적으로 발생시키고 있다. 간접승차거부는 호출이 발생했을 때 이를 무시하고 수락하지 않는 경우를 의미하며 이를 개선할 필요가 있다. 이에 본 연구에서는 택시 운행 데이터를 통해 강화 학습 기반 호출 간 기대수익 조정 시뮬레이션을 수행하여 택시 수급의 불일치 완화 방안을 도출하고자 한다. 분석 결과 운행 완료율에 따라 인센티브 지급을 할 경우 평균 운행 완료율이 50.29%에서 54.24% 수준까지 증가함을 확인하였으며 5,000원 미만 단거리 구간에서 5.86%의 개선 효과를 도출하였다. 운행 완료율의 개선으로 운전자에게는 수익성 개선, 승객에게는 대기시간 감소의 편익을 줄 수 있을 것으로 기대되며, 택시 서비스 전반의 만족도 향상이 나타날 것으로 사료된다.

소셜 미디어 사용 강도 및 피로감에 미치는 영향 요인과 성과기대의 조절 효과 연구 (A Study on the Influencing Factors on Social Media Use Intensity and Fatigue, and the Moderating Effect of Process Incentive Expectations)

  • 박기호
    • 디지털융복합연구
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    • 제19권5호
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    • pp.215-227
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    • 2021
  • 본 연구는 모바일 소셜 미디어 사용 강도와 사용 피로감에 미치는 영향 요인에 대하여 실증적으로 연구하였다. 연구의 프레임워크를 위한 이론으로는 계획된 행위 이론, 사적정보보호 이론, 몰입 이론, 절차적 성과 이론을 기반으로 하였다. 데이터 분석 결과 자기 효능감, 사용자 습관 및 몰입 경험이 모바일 소셜 미디어 사용 강도(intensity)에 긍정적 영향을 미치는 것으로 나타났다. 개인 정보 보호 문제는 모바일 소셜 미디어 사용 강도에 부정적인 영향을 미치기는 하나 사용행위에는 영향력이 미미하였다. 미디어 사용 강도는 미디어 피로감에 긍정적 영향을 미쳤다. 즉, 모바일 소셜 미디어 사용강도가 높아질 경우 피로감은 증가하였다. 절차적 성과 기대 변수는 미디어 사용 강도와 소셜 미디어 피로감 사이에 조절효과를 보이지 않았다. 연구 결과는 소셜 미디어 도구를 비즈니스 및 공공 서비스에 활용하고자 하는 소셜 미디어 관련 기업 및 조직에 시사점을 줄 것이다.

생애주기를 고려한 오피스 건물의 리모델링과 그린리모델링의 경제성 평가 연구 : 서울시 강남업무지구의 임대오피스 사례 (An Economic Evaluation Study of Office Remodeling and Green-remodeling Projects : A Simulation Approach to a Rental Office in GBD, Seoul)

  • 이성호;이재수
    • 대한건축학회논문집:계획계
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    • 제34권3호
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    • pp.23-34
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    • 2018
  • Due to a waste of energy in korea, about 525,000 which are 75 percent of total buildings are at least 15 years old buildings that need remodeling. There are two current remodeling systems. One is a remodeling system to reduce a waste of resources from the reconstruction. The other is a green-remodeling system aimed to energy savings and reducing environmental costs. This study is to analyze quantitatively these current systems with respect to the cost-benefit caused by the life cycle and suggests the political and institutional implications through the interpretation of the results. For a quantitative analysis, we analyzed reducing maintenance costs and rent benefits with simulation by using opportunity costs, construction costs, plan costs and supervision costs as expense variables and using the reduced floor area ratio, institutional incentives, energy, water resources and certified emission reduction(CER) as benefit variables. As a result of the empirical study, the green-modeling was more beneficial in the field of environment such as the energy savings, however, the final benefits of remodeling which has no green building certification costs but more floor area ratio incentives were more economical. The green-remodeling system focused on reducing environmental costs and energy savings needs a equatable institutional incentive system.

장기미집행 도시공원의 특례법에 따른 민간공원사업 특성연구 - 포항시의 사업추진 어려움과 해결방안 - (A Study of Private Development of Long-Term Unexecuted Urban Parks through a Special Act - Difficulties and Solutions of Pohang -)

  • 안병국;구자문
    • 한국농촌건축학회논문집
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    • 제25권1호
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    • pp.1-8
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    • 2023
  • This is a case study of private sector's development of long-term unexecuted urban parks in Pohang through a special act, which provides a guideline of 30% of land for non-park while 70% of land for park. The strategy has a lot of validity in many respects along with the urban planning sunset system, but even with the special act it would not easy to be implemented in Pohang, where the guideline has been modified to 20% for non-park, mostly multi-family housing projects while 80% for park. Thus, participation of private companies would be discouraged due to low commercial validity. Also, there would exist various risks because the project would be completed through a long-term decision-making and execution process. Thus, this study argues that it would be better for Pohang to follow the original guideline of the government for better implementation of the projects, along with preparation of a law with which the government be able to recoup excess profits when too much profits would be given to private developers. For the project implemented smoothly, it is also important to understand local housing market and fluctuating economic conditions, and to prepare various incentives for private companies. In addition, to secure publicity, guidelines on the level of publicity of the project should be prepared through negotiation by parties to prevent the project being discouraged too much.

Factors Influencing the Purchase Intention of EVs Among Korean and Chinese Consumers

  • Jian Cong;Kyoung-Suk Choi;Tongshui Xia
    • Journal of Korea Trade
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    • 제27권4호
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    • pp.77-100
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    • 2023
  • Purpose - Using the Model of Goal-Directed Behavior (MGB), this study identifies the critical factors that influence consumer intention to purchase an electric vehicle (EV). This study also provides differentiated policy implications to the Korean and Chinese governments and EV-related companies for the expansion of the EV market in both countries by comparing consumers' perceptions of EV purchase intentions. Design/methodology - Our extended MGB model adds to the standard model consideration of financial incentives, perceived risks, and environmental concerns. An online survey was conducted of Korean and Chinese consumers. Based on the collected responses, all tested hypotheses were verified using PLS-SEM (Partial Least Squares-Structural Equation Modeling). Differences in the path analysis results between Korea and China were compared and verified using Henseler's MGA (multi-group analysis), the parametric test, and the Welch-Satterthwaite test. Findings - The most critical factor that influences the intent to purchase an EV in consumers from both countries is personal desire. PBC and SN were identified as the critical factors that respectively increase personal desire in Korea and China. In addition, in Korea, among the three factors EC, FIP, and PR, environmental concerns were found to have the most significant impact on attitudes and purchase intention. In contrast, in China, economic factors (specifically financial incentives) had greater importance than environmental issues. Originality/value - This study has academic contributions in that it presents a new research model that includes financial incentive policies, environmental concerns, and perceived risk variables based on the MGB to explore consumers' purchase intentions. This study can also make a practical contribution in that it provides some meaningful implications to the governments and EV-related companies of both countries based on the differences in the analysis results of the Korean and Chinese markets.

Determinants Influencing Housing-Option Decision of Gen Y: The Case of Vietnam

  • Ha Thu LUONG;Dung Manh TRAN;Dan Linh Ngoc NGUYEN;Van Bao NGUYEN;Anh Thuc LE;Hieu Van PHAM
    • 유통과학연구
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    • 제21권7호
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    • pp.51-63
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    • 2023
  • Housing is not only a basic requirement, but also a method to maintain stability and improve living. In the period of rapid social development which has a significant impact on the aging population, the housing issue is an impediment to Gen Y in Asia. Therefore, solving the housing conundrum is the most effective solution to other social problems. Purpose: This research is conducted to investigate factors influencing housing-option decisions of Gen Y and proposes recommendations to them as well as Governments and the real estate investors. Research design, data, and methodology: The Theory of Planned Behavior was employed with the expanded variables (Financial status, Location, Public services and Government incentives) based on literature review. Results: With 445 valid responses, almost all proposed hypotheses are accepted, which supports the positive interrelationship among variables. In the stage of data processing, we have determined the influence of each factor to the dependent variable "Actual Behavior", thereby helping real estate investors understand their desires, as well as improve the ability to meet customer needs. Conclusion: This is the basis to determine the influence of these factors, thereby providing recommendations to customers and what is more, giving real estate enterprises an insight of customers' demand in order to improve product quality and optimize the benefits of each party.