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논문 기본 정보

자료유형
학술저널
저자정보
지혜경 (한성대학교)
저널정보
한국복식학회 복식 복식 제67권 제7호 (통권 제206호)
발행연도
2017.11
수록면
103 - 117 (15page)
DOI
10.7233/jksc.2017.67.7.103

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연구배경
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초록· 키워드

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The objective of this study is to investigate the financial performance of fashion companies, and the effects of liquidity, stability, and activity on profitability, during the fashion industry‘s current recession. To do so, the financial data from income statements and balance sheets that was disclosed by 157 fashion companies from 2012-2016, was analyzed. The results are as follows. First, the growth and profitability of fashion companies showed a downward trajectory in recent years (2012-2015). The growth rate of sales, which indicates the growth of the company, was only 2.38% in 2014 and 2.34% in 2015, lower than even the economic growth rate. In terms of profitability, the ratio of operating income to sales was 3.94%, and the ratio of net profit to sales was 3.01%, lower than that of the average manufacturing industry. Second, there were significant differences in liquidity, stability, and activity by company size, but there were not significant differences in the growth and profitability. Large companies indicated higher liquidity than medium and small companies, but medium and small companies indicated higher stability and activity than large companies. Third, liquidity had a significant influence on the profitability of fashion companies, but stability and activity did not. Liquidity and stability had a significant influence on the ratio of operating income to sales, while liquidity and activity had a significant on the ratio of net profit to sales. This study is meaningful in that it uses financial data to analyze the business performance of fashion companies, an area that has been neglected by previous studies. And this study should assist fashion companies who are seeking to efficiently run their business, and in the improvement of their financial structure.

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ABSTRACT
Ⅰ. 서론
Ⅱ. 이론적 배경
Ⅲ. 연구방법
Ⅳ. 연구결과
Ⅴ. 결론 및 제언
References

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UCI(KEPA) : I410-ECN-0101-2018-381-001523670