• Title/Summary/Keyword: Corporate Visibility

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A Non-linear Analysis of the Effect of R&D and the Visibility in the Relationship between ESG and Corporate Financial Performance (ESG와 기업재무성과의 관계에서 R&D와 가시성의 효과의 비선형 분석)

  • Myunghoon Han;Heonyong Jung
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.6
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    • pp.429-436
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    • 2024
  • This study examines the impact of ESG ratings on corporate financial performance among Korean firma, employing both linear and nonlinear analyses to asess the mediating effect of R&D investments, and the moderating effect of corporate visibility. The key findings are as follows: First, higher ESG ratings were found to significantly increase corporate financial performance; however, beyond a certain threshold, financial performance begins to decline. Second, as ESG ratings increased, R&D investments also significantly increased, suggesting that ESG activities promote corporate innovation and R&D efforts. Third, R&D investments were shown to positively mediate the relationship between ESG and corporate financial performance. Lastly, corporate visibility was found to positively moderate the impact of ESG on financial performance. The inverse U-shaped relationship between ESG ratings and financial performance suggests that excessive ESG activities may incur additional costs. Therefore, firms should identify an optimal level of ESG engagement to sustain financially viable ESG practices.

A Study on the Impact of SCM Characteristics on Supply Chain Partnership and Corporate Performance (SCM특성이 공급사슬 파트너십과 기업성과에 미치는 영향에 관한 연구)

  • Choi, Cheol-Gon;Shim, Joungtaek
    • Journal of Korea Society of Industrial Information Systems
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    • v.20 no.5
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    • pp.81-93
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    • 2015
  • It is very difficult that a company could grow with its own competitiveness in modern global competition era. The pattern of competition is changing from company-to-company to supply chain network-to-supply chain network. In order to enhance competitiveness and survive capability by combining inter-enterprises core competencies, the effort to integrate and optimize supply chain are increasing. The purpose of this study was to specify the effects of SCM characteristics on supply chain partnership and corporate performance through corporate characteristics such as agility and visibility. So as to verify hypotheses, multiple regression analysis was performed by using SPSS statistical package. The results showed that SCM characteristics had the positive effect on agility and visibility, and supply chain partnership and corporate performance was statistically influenced by agility and visibility. This study contributes on the SCM related research in that it investigated SCM activities of construction machinery industry.

The Relationship between the Preceding Factors of Supply Chain Resilience, Supply Chain Resilience, and Business Performance (공급사슬 회복탄력성 선행요인과 공급사슬 회복 탄력성, 기업 경영성과 간의 관계)

  • Park, Chan-Kwon;Seo, Yeong-Bok
    • Korean small business review
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    • v.43 no.2
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    • pp.1-30
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    • 2021
  • This study is to analyze the relationship between supply chain resilience antecedent factors, supply chain resilience and business performance. Supply chain integration, risk management activity, and visibility were selected as the preceding factors of supply chain resilience, and the effect of these factors on agility and robustness as supply chain resilience, and the effects of agility and robustness factors on corporate management performance are studied. To this end, a survey was conducted on Korean manufacturing companies, and a total of 124 questionnaires were used for the study. As a result of the testing of the research hypothesis, supply chain integration, risk management activity, and visibility have a positive (+) significant effect on agility and robustness. In addition, agility had a positive (+) effect on corporate management performance. But robustness had a positive (+) effect on corporate management performance, but not significant. In order for manufacturing companies to secure supply chain resilience through such research hypothesis testing, it is necessary to secure supply chain integration, risk management activity, and visibility capabilities. It was confirmed that agility and visibility capability can be linked to corporate management performance. In addition, the overall relationship structure between the preceding factors of supply chain resilience, supply chain resilience, and business performance was presented.

A Study on the Relationship between Activities of the Information Technology Governance and IS Performance, Corporate Performance (IT 거버넌스 활동과 정보시스템 성과 및 조직성과간의 관계에 관한 연구)

  • Lee, Jae-Beom;Kim, Seong-Yoon;Jang, Yun-Hi
    • Journal of Digital Convergence
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    • v.9 no.5
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    • pp.235-251
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    • 2011
  • Despite the increasing importance of information technology in firms, the extent to which IT governance are established varies widely across the firms. To perform desirably the role of IS needed in most companies, high level of IT governance and the effective management should precede. However, the impacts of such activities and management on the IT governance have not been empirically examined in depth until now. Thus, building on the theory of governance and the institutionalization, the research model and the hypotheses of the study were formed and then empirically tested. The study used a survey of senior IT managers from 108 firms in order to examine hypothesized relationship among the following constructs: strategic alignment, IT governance committee, IT planning, EA, PMO, SLM, IT compliance, incident management, IS effectiveness, visibility, and corporate performance. A structural equation model is developed by using LISREL to assess the relative effects and interrelationship among these constructs. The results show that strategic alignment has positive influence on IT governance committee and IT planning. IT governance committee, IT planning, SLM, incident management from IT governance activities have positive effects on IS effectiveness, whereas IT compliance has a negative effect on IS effectiveness. Visibility is positively influenced by IT planning, EA, SLM. IT compliance, and both IS effectiveness and visibility have positive effects on corporate performance.

Research Trends of Technology Holding Companies and Suggestions for improving Corporate Performance : Focusing on the introduction of PMO (기술지주회사 연구동향과 기업성과 향상을 위한 제언 : Project Management Office(PMO) 도입을 중심으로)

  • Lee, Kangoh;Lee, Chanho
    • Journal of East Asia Management
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    • v.4 no.1
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    • pp.53-77
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    • 2023
  • Modern company faces an uncertain future and a competitive environment and are seeking new technologies and creative products to ensure the corporate growth and survival in the market through continuous innovation. "University Industry Cooperation(UIC)" is a point of contact for overcoming the crisis faced by companies and universities in this era and a cooperation platform for mutual prosperity. As a subsidiary of a university, "Technology Holding Company(THC)" is attracting attention as a new window for UIC in Korea. The role of THC is to establish and foster the business opportunities of their subsidiaries and to return investment profits to the university ecosystem again. But recently, the life cycle of technology is getting shorter, and the development cost is steadily increasing. In particular, with the increase of hybrid projects based on convergence and combination, the risk of conducting research(R&D) and new product development(NPD) projects is gradually increasing. A PMO refers to a project management organization that can contribute to improving the success rate of projects with increasing uncertainty by supporting project visibility and appropriate decision-making. The purpose of this study is to raise a research question on whether THC's corporate performance can be improved when "Project Management System(PMO Service)" is introduced into the subsidiary incubation system of THC. This study proposes several research methods to identify the relationship between the introduction of PMO and the corporate performance of THC.

Development of a Smart Supply-Chain Management Solution Based on Logistics Standards Utilizing Artificial Intelligence and the Internet of Things

  • Oh, Am-Suk
    • Journal of information and communication convergence engineering
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    • v.17 no.3
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    • pp.198-204
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    • 2019
  • In this study, the author introduces a supply-chain management (SCM) solution that connects suppliers, manufacturers, customers, and other companies within a transactional relationship to enable efficient inventory management and timely product supply, which ultimately maximizes corporate profits. This proposed solution exploits Fourth Industrial Revolution technologies, such as artificial intelligence (AI) and the Internet of Things (IoT), which provide solutions to complex management issues generated by the broader market. The goal of the current study was to develop an advanced and intelligent smart SCM solution that complies with logistics standards, to enhance the visibility, safety, and efficiency of a supply chain made up of manufacturers and suppliers. This smart SCM solution aims at maximizing corporate profits through efficient inventory management and timely supply of products, and solves the complex management problems caused by operating within a wide range of markets.

Device Identification System for Corporate Internal Network Visibility in IoT Era (IoT 시대 기업 내부 네트워크의 가시성 확보를 위한 단말 식별 시스템 설계)

  • Lee, Dae-Hyo;Kim, Yong-Kwon;Lee, Dong-Bum;Kim, Hyeob
    • Convergence Security Journal
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    • v.19 no.3
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    • pp.51-59
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    • 2019
  • In this paper, we propose a device identification system for network visibility that can maintain the secure internal network environment in the IoT era. Recently, the area of enterprise network is getting huge and more complicated. Not only desktops and smartphones but also business pads, barcode scanners, APs, Video Surveillance, digital doors, security devices, and lots of Internet of Things (IoT) devices are rapidly pouring into the business network, and there are highly risk of security threats. Therefore, in this paper, we propose the device identification system that includes the process and module-specific functions to identify the exploding device in the IoT era. The proposed system provides in-depth visibility of the devices and their own vulnerabilities to the IT manager in company. These information help to mitigate the risk of the potential cyber security threats in the internal network and offer the unified security management against the business risks.

The Effect on Performance with SCM Dynamic Capabilities in the Pharmaceutical Industry : Mediated Through Cooperational Relationship (제약산업의 SCM 동적역량이 성과에 미치는 영향: 협력관계를 매개로 하여)

  • Seo, Young-Kyu;Song, Dohan;Huh, Hoon
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.3
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    • pp.192-206
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    • 2021
  • The pharmaceutical industry is an industry that provides medicines related to the health and life of the people. The pharmaceutical industry is a traditional regulation industry with the characteristics of R&D(Research and Development), purchasing, manufacturing, distribution and consumption under strict government management. Until now, pharmaceutical companies have continued to make efforts to maintain competitiveness through patent management, new product development, and marketing. However, industries are rapidly changing, including rising costs for developing new products and expanding generic markets. As these changes and uncertainties in the management environment increase, efforts are required to improve the competitiveness of the pharmaceutical industry from a new perspective. In this study, we intend to examine the impact of SCM(Supply Chain Management) dynamic capability of pharmaceutical companies on corporate performance through partnerships to respond to market changes and uncertainties. It was determined that the agility, visibility and flexibility that constitutes the SCM dynamic capabilities would affect the performance of pharmaceutical companies. In this study, the importance of SCM dynamic capabilities and cooperative relationships was identified through surveys by SCM managers of pharmaceutical companies. Consequently, in the pharmaceutical industry, which is a regulatory industry, we have identified that SCM dynamic capabilities and cooperative relationships with partner companies have a significant impact on corporate performance.

The Importance of Green Fashion Product Development to Improve Consumers' Environmental Awareness

  • Suk-Kyung YANG
    • East Asian Journal of Business Economics (EAJBE)
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    • v.11 no.2
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    • pp.29-38
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    • 2023
  • Purpose - The current study aims to learn how fashion consumers now feel about environmental issues. The significance of "green fashion product creation" in resolving environmental issues is explored. It also examines how customers' environmental consciousness has evolved due to the introduction of green fashion products. Research design, data, and methodology - The study methods, procedures, and results of the 16 publications included in this literature review were critically examined. The data sources, analyses, and key findings presented in each publication were compared and contrasted. To better understand how to raise environmental consciousness among customers. Result - The investigation indicates a total of four results why eco-friendly product should be developed to attract potential green consumers. Four solutions are as follows; (1) Encourages Sustainable Consumption Behavior, (2) Increases Consumer Environmental Awareness, (3) Improves Corporate Social Responsibility, and (4) Enhances Competitive Advantage. Conclusion - Promoting sustainability in the fashion sector requires full visibility throughout the supply chain. Companies in the fashion industry would serve their customers better if they were more forthcoming about the resources, methods, and circumstances that went into making their wares. Consumers may accomplish this by including instructions on the packaging or posting them on the business's website.

Design and Implementation of Enterprise Information Security Portal(EISP) System for Financial Companies (금융회사를 위한 기업 정보보호 포털(EISP) 시스템의 설계 및 구현)

  • Kim, Do-Hyeong
    • Convergence Security Journal
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    • v.21 no.1
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    • pp.101-106
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    • 2021
  • To protect financial information, financial companies establish strategies and plans for information security, operate information security management systems, establish and operate information security systems, check vulnerabilities, and secure information. This paper aims to present an information security portal system for financial companies that can gain visibility into various information security activities being undertaken by financial companies and can be integrated and managed. The information security portal system systemizes the activities of the information security department, providing an integrated environment for information security activities to participate from CEOs to executives and employees, not just from the information security department. Through this, it can also be used as information security governance that can be used by top executives to reflect information security in corporate management.