코넥스의 중장기적 발전방향에 대한 연구

A Research on Directions for Mid and Long Term Development of KONEX Market -Focusing on Appraisement of Approved Listings-

The KONEX market bas increased its growth potential to serve as a market for small and medium sized businesses with venture capital, as 45 companies have been listed until the end of last year in six months since its launch in July 2013 with hopes and fears. This research aimed to analyze the correlation between appraised value, appearance, scope and profitability of the companies listed on KONEX. The research evaluated that the appraised value, capital volume and sales volume had weak correlations as the coefficient value between those factors was close to zero. The coefficient value between appraised value and net profit for the term was 0.32 and the figure between sales and net profit for the term turned out to be 0.48. The analysis except for the companies in the red also bad a similar coefficient value, showing that net profit for the term, which is the representative element of profitability, had a higher correlation with appraised value of approved listings than capital volume. This research has implications as it examined the best and worst practices of foreign markets for mid and long-term development of the KONEX market and proposed the arguments to set the mid and long-term development direction by suggesting practical dire.ctions.