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The Relationship between Training Activity and Organization Performance

교육훈련활동과 기업성과의 관계

  • Kim, Kwang-Yong (Division of Management Administration, Baekseok Arts University) ;
  • Lee, Gyeong-Rak (Division of Business & Commerce, Baekseok University)
  • 김광용 (백석예술대학교 경영행정학부) ;
  • 이경락 (백석대학교 경상학부)
  • Received : 2013.03.06
  • Accepted : 2013.05.20
  • Published : 2013.05.31

Abstract

An training activity within organization is main factor for creating a competitive advantage in knowledge-based economic system. Therefore the purpose of this study is to examine the relationship between training activity in organization and business performance and corporate value. Also it was analysed whether the effect of training was different between large company and small company. The major results of analysing the effect of training on organization performance are as follows. First, training activity was positively related to Tobin's Q each year. As for net income per person the effect on training was significant in 2009 and 2010 except 2008. The sales per person was significantly related in 2008 and 2009. Second, as the result of analysis of training investment on organization performance, as for large company the effect of training on business performance and corporate value was mostly significant excluding 2008' net income per person and 2010' sales per person. While as for small company all effects were not related.

Keywords

training activity;business performance;corporate value