초록 열기/닫기 버튼

This study is to find out the determinants of the net operating income from office building, which may be said to be the profit for a company, estimate the floor space which maximizes or minimizes the net operation income and also find out the effect of the type of ownership on the net operating income. The result of the regression analysis for net operating income for office showed that the income is dependent on the building area, number of story, age and location of the building. According to the corporate profit maximization theory, it was estimated that the net operating income for the office building would be the smallest when the gross area is 10,886㎡ while it is the largest with 44,606㎡. In addition, the type of ownership of office building was analyzed as the types of ownerships get diversified. It showed that the average net operating income earned by the investing organization is bigger than those earned by large companies. It is because the effective gross income for the investment organization is higher than for large corporations. This study has meanings as it handled both revenues and expenses of office buildings compared to the previous studies, derived the gross area which maximizes the net operating income and take into consideration type of ownership for the difference in net operating income. This study has its limitation as the precaution is required in applying the result to the study of offices located all around the nation. But, if the result is adopted for regional application, the difference of net operating income depending on the type of ownership would be more clear.