This study conducted a study on 35 five-star hotels in Korea to understand the impact of hotel companies' managerial capabilities on raising capital costs for others. The results of the study are as follows. First, the average cost of other debt for a hotel company is 3.64%, which is generally low for each company. The overall management of the hotel company is deemed to be good. Second, correlation analysis was conducted on variables such as cost of debt and managerial capabilities. The relationship between the liability ratio and the ROA was positive(+), and the relationship between management capability and the size of the entity was negative(-). Third, the hotel companies should expand its size along with its managerial ability to show influence on cost of debt for companies, thereby expanding its net profit and lowering its debt ratio. The manager of a hotel company needs to present his ability to continue to develop the company as well as manage financial indicators. In other words, hotel companies should be able to develop and proceed with various marketing strategies by utilizing their assets. Key
목차
ABSTRACT Ⅰ. 서론 Ⅱ. 이론적 배경 1. 경영자 능력에 관한 연구 2. 타인자본비용 및 통제변수에 관한 연구 Ⅲ. 연구설계 1. 연구를 위한 호텔기업 선정 2. 호텔기업의 변수 측정 및 분석 방법 Ⅳ. 성과분석 1. 호텔기업에 대한 측정변수 2. 호텔기업의 측정변수 간 상관관계 분석 3. 호텔기업의 경영자 능력이 측정변수에 미치는 영향 Ⅴ. 결론 참고문헌
키워드
Hotel CompanyManagerial CapabilitiesCost of DebtManagement Performance
관광경영학을 실용학문의 체계로 확립하고 실천학문으로 정착시키기 위하여, 관광경영학문을 현실적응에 필요한 연구를 통해 국가관광정책의 방향을 제시하고, 관광사업자들에게는 실질적으로 도움이 되는 경영전략을 제공하며, 연구를 통하여 회원간의 친목도모와 정보교환을 함으로써 상호발전을 목적으로 한다.