Portfolio Management for Chemical Corporations with Managerial Efficiency and Growth Potential

Sungwon; Yoo  and Hyun Joon; Shin

doi:10.17485/ijst/2015/v8iS1/60694

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Portfolio Management for Chemical Corporations with Managerial Efficiency and Growth Potential

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Indian Journal of Science and Technology

DOI: 10.17485/ijst/2015/v8iS1/60694

Year: 2015, Volume: 8, Issue: Supplementary 1, Pages: 1-8

Original Article

Portfolio Management for Chemical Corporations with Managerial Efficiency and Growth Potential

Sungwon, Yoo¹ and Hyun Joon, Shin^2*

¹Department of Convergence, Graduate School, Sangmyung University, Cheonan, 330-720, South Korea
² Department of Management Engineering, Sangmyung University, Cheonan, 330-720, South Korea; [email protected]

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

This study takes into account business operational efficiency with a focus on dividend payout ratio in order to efficiently manage portfolio for the chemical sector. When constructing portfolio, business efficiency of corporations is reflected by DEA (Data Envelopment Analysis) method. When it comes to growth potential of the corporations, payout ratio is assessed by the scoring criteria proposed in the paper. This study tests the performance of the proposed portfolio management strategy for KOSPI and KOSDAQ-listed companies in the chemical industry sector.
Keywords: Chemical Corporations, DEA, Operational Efficiency, Portfolio Management, Stock