1. Introduction
2. Theoretical Background
3. Size·Financial rate of PA
3.1 Comparison of Size between PA and Public firm
3.2 Comparison of Financial rate between PA and Public firm
4. Research Methodology and Analysis
4.1 Research Model and Variables
4.1.1 Dependent variables(performance)
4.1.2 Independent variables
4.2 Research Hypothesis and analysis method
[HⅠ-1] Strategy will affect public-firm’s performance.
[HⅠ-2] Social contribution will affect performance.
[HⅠ-3] Work efficiency will affect performance.
[HⅠ-4] Organizational management will affect performance.
[HⅠ-5] Financial management will affect performance.
HⅠ-6] Welfare management will affect performance.
[HⅠ-7] Major business will affect performance.
[HⅡ] Size·financial rate will affect public-firm’s performance.
[HⅡ-1] Debt rate will affect performance.
[HⅡ-2] Current rate will affect performance.
[HⅡ-3] Non-current rate will affect performance.
[HⅡ-4] Return on capital will affect performance.
[HⅡ-5] Turnover of total asset will affect performance.
[HⅡ-6] Investment efficiency of total capital will affect performance.
[HⅡ-7] Size(sales) will affect performance.
MPij : Performance of Public Co.[ i = 2011년-2017년, j= 30 public firms total score(y1), Qualitative Score(y2), Quantitative Score(y3), Grade(A=5, B=4, C=3, D=1, E=0)]
Stij : strategy score, SCij : social contribution score, WEFij : work efficiency score, ORij : organizational management score, FINij : financial management score,
-
WELij : welfare management score, BUSij : major business score, β0 : constant, ei : random error
[ModelⅡ] Relationship Test Model between financial rate·size and public firm’s performance MPij = β0 + β1X1ij + β2X2ij + β3X3ij + β4X4ij + β5X5ij + β6X6ij + β7X7ij + ei
MPij : Performance of Public Co.[ i = 2011-2017, j= 30
Public Total score(y1), Qualitative Score(y2), Quantitative Score(y3), Grade(A=5, B=4, C=3, D=1, E=0)]
X1ij : debt rate, X2ij : current rate, X3ij : non-current rate, X4ij : return on capital, X5ij : turnover rate of total asset, X6ij : investment efficiency of total asset, X7ij : size(sales), β0 : constant, ei : random error