Indian Journal of Science and Technology
Year: 2015, Volume: 8, Issue: Supplementary 1, Pages: 1-8
Sungwon, Yoo1 and Hyun Joon, Shin2*
1 Department 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 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
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