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A Study on the Impact of Firm Size on the Threshold Point from Nonlinear Relationship between CSR and Firm Value (기업의 규모별 특성이 사회적 책임과 기업가치 간의 비선형 관계를 유발하는 임계점에 미치는 영향에 대한 연구)

  • Kim, Jong-Hee
    • Asia-Pacific Journal of Business
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    • v.11 no.2
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    • pp.207-233
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    • 2020
  • Purpose - The purpose of this paper analyzes the relationship between the Corporate Social Responsibility(CSR) and Corporate Value to estimate whether the characteristics of Firm can change this relationship. Design/methodology/approach - This paper utilizes the total 776 firms' data over the period 2014-2018, and develops a new ESG index which was estimated by PCA. Findings - First, the estimated ESG index implies that Large company has the highest value of CSR, while Medium sized and Small company have the relatively low one. And comparing to the case of 2014, the trend of ESG index in Large company does not decrease in 2018. Second, there is a clear and significant non linear relationship between CSR and corporate value, it implies that the U-shaped exists in the Korean Firms. Such a tendency is mush stronger in the Large company. Third, the new ESG index indicates that it takes more time to increase Firm value in the Medium sized and Small company while there is a high possibility of increasing value in Large company from the little gab between the threshold points and mean value of ESG. Research implications or Originality - The non linear tendency between the Corporate Social Responsibility and Corporate Value is strongly affected by Firm size and the relative high quintile of ESG, but it is less affected by Firm history.

Research about Competitive Power High Position of Food-Service Industry - Laying Stress on Eating Out Company Interior Factor - (외식기업의 경쟁력 강화 요인에 관한 연구 - 외식기업 내부요인을 중심으로 -)

  • 유택용;박면애
    • Culinary science and hospitality research
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    • v.10 no.3
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    • pp.83-96
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    • 2004
  • According to construction of global administration environment, all over the world was ended up in infinite competition period. Because eating out company also competes with another company, it must enjoy competitive power high position to secure high position continuously, classified by formation constituent's individuation and two aspects of organic special quality by the factor. Individuation classified by formation constituent's business ability, personal relations, age factors of Information Technology, and organic special quality classifies by factor of formation culture and result that analyze eating out company's business condition competitive power reinforcement effect factor is same as following. First, was construed by company culture, personal relations, business ability period of ten days with family Restaurant, and Information Technology showed that do not influence. Competitive power reinforcement effect factor with special restaurant was construed by company culture, personal relations, business ability period of ten days, and fast food company culture and Information Technology factor with hotel restaurant company culture by competitive power reinforcement effect factor construe.

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Analysis on The Actual Conditions of Safety Management about Small & Midium sized Company (중.소규모 사업장의 안전관리 실태 분석)

  • Yoon In-Soo;Kim Byung-Suk;Kwon Bag-Soon;Kang Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.7 no.4
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    • pp.1-12
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    • 2005
  • Small & medium sized company is the most efficient way of management to prevent my accident in the area of industry. Employees are more than 30 to less than 50 persons and which is liable for securing a safety manager on site, is gradually seen on the surface. Even a small company is nothing less than a dead zone from a safety since it's free from his obligation of employing a safety manager. Let us now think about the effective measures against a industrial accident by collecting, reviewing a variety of preventive measures, which is being carried out for preventing an industrial accident happening in a small company, and comparing, analyzing the effect according to the respective measures. Through this research, it's expected to contribute to both the development of small & medium sized company and our national economy with the improvement of a company's competitiveness and the accumulation of technical background by way of prevention from occurring industrial accident in a small & medium sized company, in accordance with an friendly environment of work room to protect the employee from leaving his job.

The Credit Card Settlement System using the Switching Agent (Switching Agent를 이용한 신용카드 결제 시스템)

  • Ahn Ik-Soo;Hwang Lak-Hoon
    • Journal of the Korea Society of Computer and Information
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    • v.10 no.3 s.35
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    • pp.339-344
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    • 2005
  • Currently the credit card settlement system which is used from off-line credit card joining point is composed of the credit card settlement terminal, the VAN company which do settlement relay service and the credit card company. When the credit card company occurs obstacle, the service VAN company executes as proxy an approval and it controls. When the service VAN company occurs obstacle, the credit card settlement service does not become accomplished in the normality. The dissertation which it sees when the service VAN company occurs obstacle, the possibility of doing a settlement relay service from the different VAN company in order to be, proposed the credit card settlement system which uses the Switching Agent.

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Differentiated B2B Marketing Strategy of Dongwon Systems, the No.1 Packaging Solution Company in Korea

  • Jun, Mina;Kim, Sang Yong;Lee, Janghyuk;Koo, Kay Ryung
    • Asia Marketing Journal
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    • v.20 no.3
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    • pp.1-15
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    • 2018
  • Dongwon Systems established in 1977 to exclusively supply Dongwon tuna cans, the parent company. Instead of its stable management and profits by relying on the parent company, the company was not complacent and started innovating and challenging new markets. Dongwon Systems decided to expand the business area and pioneer new markets so that it becomes the first domestic company to successfully expand into independent businesses other than parent company products. Such success of Dongwon Systems was driven by its differentiated B2B strategies. Unlike the characteristics of usual B2B companies, Dongwon Systems has been thinking both of its client companies and end-consumers. In this case-study, we will explore how Dongwon Systems became the No.1 packaging solution company in Korea through technology innovation in the aspects of unique B2B marketing strategy. The key success factor can be summarized in three ways; product and technology development with customer centric mind-set, systematically extending new markets through business diversification, and marking Southeast Asia as a bridgehead for its global strategy. It is expected that the current case study of Dongwon Systems will be able to provide implications for B2C companies as well as B2B companies that try to expand their business portfolio and global business areas through B2B marketing case analysis.

A Study on the Facade Design of Domestic Company Buildings that have Expressed the Characteristics of Corporate Images (기업 이미지 특성을 표현한 국내 사옥 파사드 디자인에 관한 연구)

  • Kim, Hyun-Shin;Choi, Sang-Hun
    • Korean Institute of Interior Design Journal
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    • v.23 no.6
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    • pp.187-194
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    • 2014
  • Corporate images are created inside the corporate and then peppered throughout the public such as consumers, communities, countries, etc. who are outside the corporate. Therefore, corporations express their corporate images through such visible images as CI, products, brands, advertisements, company buildings, etc. in order to form a favorable corporate image for the public. Therefore, many corporations have begun to express various visual factors in order to form their images. So, the purpose of this study is to determined the connectivities of corporate images and facade design of company buildings, and to elicit the findings of whether corporate images are applied to the facade design of company buildings, and of what expressive factors are applied to the design, if so. The conclusions are as follows: First, an examination of the degree that the characteristics of corporate images and design components of the facade design of company buildings have been expressed showed that corporations preferred the design of company buildings on which a lot of components have been expressed. Second, it also showed that they preferred determinants of the facade design of company buildings in the order of architectural factors > visual factors > decorative factors. Third, it indicated that the corporations on which the design components of the facade design of company buildings have been reflected most were in the order of C > B, D > A, E > G > F, J > H, I. Fourth, it further showed that most of the corporations have used curtain walls as materials of the facade design.

Multi-Valued Image Entropy Coding for input-width reduction of LCD source drivers

  • Sasaki, Hisashi;Arai, Tooru;Hachiuma, Masayuki;Masuko, Akira;Taguchi, Takashi
    • 한국정보디스플레이학회:학술대회논문집
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    • 2004.08a
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    • pp.149-152
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    • 2004
  • A new joint source channel coding reduces both input-width and average current consumption to transmit image data to LCD source drivers. As a source coding, it is based on entropy coding of differential pulse code modulation scheme, especially using median edge detector of image predictor. As a channel coding, it is not a simple pulse amplitude modulation, but linked by source entropy to reduce average amplitude. Simulation results show 1/4 width is achievable by 16-valued transmission with keeping conventional current consumption (0.36 to 1.3).

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An Integrated Humidification System for a Fuel Cell Vehicle (연료전지 자동차용 복합형 가습시스템에 관한 연구)

  • Kim, Hyun-Yoo;Kwon, Hyuck-Ryul;Seo, Sang-Hoon;Park, Yong-Sun;Ahn, Byung-Ki
    • Journal of Hydrogen and New Energy
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    • v.21 no.6
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    • pp.547-552
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    • 2010
  • In this study, we suggested an integrated humidification system for a fuel cell electric vehicle (FCEV) as an efficient method of humidification under the various driving condition of the fuel cell vehicle and system. It is improving air humidification system combined the existing membrane humidifier and water injection. As a result, we verified it through experiments and the vehicle test and could get a result of improvement of humidification performance. The results show that an integrated humidification system is a useful method for FCEV applications.

Finanial evaluation of shell oil company

  • Pak, Ee-Tong
    • Journal of the Korean Operations Research and Management Science Society
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    • v.1 no.1
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    • pp.139-145
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    • 1976
  • To evaluate the composite composed of Shell-Oil Co. itself and its sub-sidiary companies, the account data for 10 years from 1964 to 1973 was analyzed. Before analyzing, the formula needed to it was deduced and by synthesizing the deduced formula, the price earning ratio (R) was computed as the trial and error method. Resultantly the earning power (ic) was less than 5% ie. R=17.03. So this company showed the normal company earnings and allotment from 1964 to 1968. From 1968 to 1970, the allotment was increased but the earnings was decreased. And in spite of the successive increase of the allotment from 1970 to 1973, the company showed that it was the stable and profitable one with stable increase of earnings. In conclusion, this company showed the stable trend of increase in the allotment of earnings and earnings itself.

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An Analysis of Safety Control Effectiveness in Construction (건설업 안전관리 효과분석에 관한 실증적 연구)

  • 갈원모;손기상;채준석
    • Journal of the Korean Society of Safety
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    • v.11 no.1
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    • pp.121-128
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    • 1996
  • Estimating the cost of injuries and "accidents" to an organization is very important to figure out about how much well each organization has run his company and how much efficiently he has got the results using a certain amount of the expense for safety. Despite the potential usefulness to management of information as to the cost of a company's "accidents", it is not customary accounting practice to make these data available. Of the two general kinds of costs forced on a company by its occupational injuries and "accidents", the insurance cost and uninsured cost, -the former is by far the easier to find out. But actually, this uninsured cost should be figured out at each company. Authors have designed the generalized model to figure out the above problem costs to establish its efficient safety control. One construction company has been a pilot for this study. It is found that efficient safety control cost should be 1.2%~l.3% of total selling amount by analyzing actual data for three years.g actual data for three years.

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