Earticle

초록

영어

This study presented the following research results by selecting 35 out of 49 5-star hotels in order to understand the effect of hotel companies' cash holding ratio on management performance. First, the management performance of a hotel company has a positive(+) average value. However, the cash holding ratio, current ratio, net working capital ratio, and cash flow ratio showed lower than appropriate ratios, indicating that the amount of cashes required for business operation is somewhat insufficient. Second, the correlation analysis between the cash holding ratio and other variables was conducted for management performance. Indexes related to debt capital show a positive(+) relationship with management performance, while indicators related to tangible assets, which are non-current assets of hotel companies, show a negative(-) relationship. Third, although there are differences in the indicators that show the influence on the management performance of hotel companies, it was suggested that management performance can be increased by utilizing variables related to the cash holding ratio. Therefore, hotel companies will need to actively utilize cash assets apart from tangible assets belonging to non-current assets that are held and used for business. Although hotel companies operate based on non-current assets, it is necessary to establish various marketing strategies using cash assets in order to improve management performance. Managers need to make decisions to verify and manage the appropriate cash holding ratio.

목차

ABSTRACT
Ⅰ. 서론
Ⅱ. 이론적 배경
1. 현금보유비율에 관한 연구
2. 경영성과에 영향을 주는 재무변수에 관한 연구
Ⅲ. 연구설계
1. 연구를 위한 호텔기업 선정
2. 호텔기업의 측정을 위한 변수 및 분석방법
Ⅳ. 성과분석
1. 호텔기업의 측정변수
2. 호텔기업의 경영성과와 측정변수의 상관관계
3. 호텔기업의 경영성과와 측정변수에 관한 영향력
Ⅴ. 결론
참고문헌

키워드

저자

• 구원일 [ Wonil Koo | 세종대학교 호텔관광대학 외식경영학전공 책임연구원 ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  관광경영연구 [Journal of Tourism Management Research]

• 간기

  연7회

• pISSN

  2092-528X

• 수록기간

  1997~2021

• 십진분류

  KDC 326 DDC 338