• Title/Summary/Keyword: Institutional management

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Association Between Stewardship Codes, Voting Behavior, and Performance of Korean Asset Management Companies (한국 자산운용사의 스튜어드십 코드, 의결권 행사, 성과 간의 연관성)

  • Cho, Hyejin
    • Journal of East Asia Management
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    • v.5 no.1
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    • pp.33-46
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    • 2024
  • This study examines the relationship between institutional investors' shareholder activism and their performance, focusing particularly on the adoption of stewardship codes. The stewardship code includes guidelines for institutional investors to effectively fulfill the role of trustees and strengthen relationships with investee companies, with core elements such as enhancing shareholder rights. By analyzing the performance of institutional investors following the introduction of stewardship codes, this study aims increase understanding of the motivations behind institutional investors' active shareholder activism and the importance of stewardship codes. The study analyzes the relationship between the introduction of stewardship codes and the fidelity of voting rights exercised by asset management companies. According to the analysis, asset management companies that have adopted stewardship codes demonstrate higher performance compared to those that have not, particularly in terms of ROA performance. The result suggests a positive effect of stewardship adoption.

Factors Impacting the Work Efficiency and Stress of Case Managers with the Korea Worker's Compensation & Welfare Service (근로복지공단 사례관리자의 업무 효율 및 스트레스에 영향을 미치는 요인)

  • Lee, Su-jin;Kim, Seung Won
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.32 no.1
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    • pp.64-77
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    • 2022
  • Objectives: The purpose of this study is to objectify the level of case management performance and the factors influencing performance, to improve the case management performance at the Korea Worker's Compensation & Welfare Service (KWCWS) on the basis of the recognition of the objective realities of case management by job coordinators at the KWCWS, to develop a model of case management fit for the KWCWS, and to provide a basis for establishing guidelines for standardized case management. Methods: A total of 156 questionnaires were distributed to job coordinators at the KWCWS's headquarters, six regional headquarters, and 55 branches. One hundred forty-one questionnaires were collected and 126 were analyzed statistically using SPSS 21.0. Factor analysis and reliability analysis were conducted to verify the validity and reliability of the main measurement items in the research model. Frequency analysis was conducted for general characteristics of survey subjects. Frequency analysis or descriptive statistics were conducted to identify the level of independent variables (case manager's individual variables, job variables, institutional and organizational variables). Dependent variables (case management performance) and the degree of correlation were analyzed through correlation analysis between research variables. Multiple regression analysis and hierarchical regression analysis were conducted to examine the effect of independent variables on case management performance. Results: The results of the study showed that the level of overall performance in the five stages of case management was ordinary, with an average level of 3.45 on a 5-point scale. Levels of performance by step were institutional approach and intake (3.69), assessment (3.63), goal setting and intervention planning (3.46), implementation of intervention plan (3.32), and evaluation and termination (3.20), in that order. The explanatory power of case management performance (overall) by case managers with the KWCWS was case manager's institutional and organizational variables, job variables, and individual variables, in that order. At each stage of case management, the explanatory power of a case manager's institutional and organizational variables was found to be the greatest. The model changes at each stage of case management assume similar aspects statistically. In hierarchical regression analysis, it was institutional support that had a significant effect on case management performance (overall), and institutional support had the greatest effect. The results of multiple regression analysis in which all variables are input simultaneously showed that institutional support and expertise as well as self-efficacy had a positive effect. However, case management work experience, expertise (technology), and autonomy were found to have a negative effect during the stage of case management performance. Conclusions: As a result of the study, it was confirmed that raising the case manager's expertise and support from the institution and organization are important factors to improve the level of case management performance. The research also derived practical ways of reinforcement of case manager capacity, institutional and organizational support, operation of rehabilitation-case management teams, and occupational health-related aspects.

A Pilot Study on the Establishment of Institutional Household Manager System (공공가정관리사의 역할 및 제도화에 대한 시론적인 고찰)

  • 조희금
    • Journal of Family Resource Management and Policy Review
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    • v.1 no.2
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    • pp.119-133
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    • 1997
  • This study examines the role of Institutional Household Manager and the certification of their qualification. It shows that there are two aspects of the role of Institutional Household Manager: the one is the suportive activity to satisfy the user’s need and desire; the other is the managerial activity of Institutional Household. And it also sggests who might be the subjects of the certification, how many credits and what kinds of curricula are required, and what is asked for the establishment of Institutional Household Manager system.

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Constructing Housing Management Toward Its Professionalization in Korea

  • Lee, Hyunjeong
    • Architectural research
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    • v.16 no.4
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    • pp.139-147
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    • 2014
  • The purpose of this study is to explore institutional frameworks to professionalize housing management in Korea. In particular, this research reviews the evolution of professional housing management and its institutional measures in a social constructionist perspective. The main method employed in the study is content analysis in which historical pathways in institutionalization of professional housing management are examined and a wide array of indices from secondary data are drawn out in relation to various actors. The findings show that a series of institutional measures were taken from 1970s to secure the professionalization of housing management ranging from introduction of housing management bylaws, placement of licensed housing managers, legal requirements of professionally managed housing estates, compulsory operation of long-term reserve funds, formation of residents' association, mandatory establishment of long-range maintenance planning, to standardization of multifamily housing management bylaws. Since the Multifamily Housing Management Ordinance of 1979 amended in 1980s, many institutional measures have been legally enforced and shaped contemporary practices of professional housing management such as an association for housing management companies, qualification of on-site housing management agents, national licensing examination for housing managers, an organization for licensed housing mangers, mandatory registration of housing management companies, disclosure of monthly housing management fees, and formalization of public assessment of housing management. In spite of the distinctive marks in the professionalization of housing management, more proactive and competitive approaches to the international professionalization need to be considered.

Economic Globalization and Financial Development: Empirical Evidence from India and Sri Lanka

  • BEHERA, Chinmaya
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.11-19
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    • 2021
  • The paper examines the nexus between economic globalization, financial development and institutional reform in India and Sri Lanka during the period 1990-2017. Using the panel ARDL method, the study finds the long-run relationship between financial development, economic globalization, and institutional reforms. From the short-run equation, the study finds the negative and statistically significant impact of economic globalization on financial development in India whereas Sri Lanka has a positive impact of institutional quality on financial development. Then, the study finds no short-run causality between financial development, economic globalization and institutional reforms. However, the study finds bi-direction strong causality between economic globalization and financial development. Further, the study finds uni-directional strong causality from institutional quality to financial development and economic globalization. Moreover, there is an existence of long-run causality between financial development, economic globalization and institutional quality. For the robustness of the results, the study considers the financial market as a proxy for financial development. Then, the study applies the panel ARDL test and find the consistency in the results. The policymakers in India and Sri Lanka should focus on institutional reforms so that it can reap the benefit of economic globalization. In turn, the quality of institutional reforms can thereby lead to financial development.

A Study on the Analysis of Customer Satisfaction Factors in Institutional Foodservice according to the Changes of Foodservice's External Environment Due to Covid-19 (코로나19로 인한 급식 외부 환경 변화에 따른 산업체 급식 고객만족 요인 분석에 관한 연구)

  • Guak, Jiewon;Oh, Ji Eun;Cho, Wookyoun;Cho, Mi Sook
    • Journal of the Korean Society of Food Culture
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    • v.36 no.6
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    • pp.542-554
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    • 2021
  • Institutional foodservice is a type of meal provided to workers in industry and affects the health and psychological wellbeing of workers and productivity. Thus, research on customer satisfaction with institutional foodservice is important. In addition to food industry and food culture developments, the requirements of institutional foodservice customers are diversifying due to COVID-19. Therefore, the purpose of this study was to identify factors that affect customer satisfaction with institutional foodservice using a user-based approach. In this study, the quality of institutional foodservice was defined using customer satisfaction or dissatisfaction, and by using in-depth interview and open coding (a qualitative research method), we derived qualities of institutional foodservice from the user's perspective and compared these with those of previous studies. This study is meaningful as the quality of institutional foodservice was analyzed using a user-based approach, in-depth interview, and open coding and compares results with those of previous studies.

The Influence of Director Management Competency, Institutional Resources, and Parent Expectation and Participation on Infant-Teacher Relationships: Focusing on the Mediating Effects of Coaching Competency of Infant Teachers (원장역량, 기관 내 자원, 학부모의 기대 및 참여가 영아-교사관계에 미치는 영향: 영아교사의 코칭역량의 매개효과를 중심으로)

  • Kim, Jung Hee
    • Korean Journal of Childcare and Education
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    • v.12 no.5
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    • pp.71-90
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    • 2016
  • The purpose of this study was to identify the influences which were child care center infant teacher's coaching competency, director management competency, institutional resources, and parent expectation and participation that have on infant-teacher relationships. The subjects in this study were 379 infant teachers working in child care centers across the country. A director management competency questionnaire, institutional resources questionnaire, parent expectation and participation questionnaire, infant-teacher relationships questionnaire, and coaching competency questionnaire were used for this study. For the research analysis, frequency, Cronbach's ${\alpha}$ coefficient, and Pearson's correlation were calculated and regression analysis were conducted. The results are as follows. Firstly, the influence of director management competency on infant-teacher relationships is completely mediated through infant teacher's coaching competency. Secondly, the influence of institutional resources on infant-teacher relationships is completely mediated through infant teacher's coaching competency. Thirdly, the influence of parent expectation and participation on infant-teacher relationships is completely mediated through infant teacher's coaching competency.

An Institutional Review of Farming Transfer to Revitalize Management Transfer (경영이양활성화를 위한 농업경영이양의 제도적 고찰)

  • Lee, S.Y.;Kim, J.J.
    • Journal of Practical Agriculture & Fisheries Research
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    • v.22 no.2
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    • pp.23-36
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    • 2020
  • The purpose of this study is to understand the phenomenon of agricultural management transfer and to present a plan to activate Korean management transfer through institutional consideration. To this end, the domestic and overseas agricultural management transfer system was identified, and an appropriate institutional plan for the country was sought. There are six ways to activate the management transfer system proposed in this study. First, establishment of an agricultural management transfer agency, second, training and utilization of management transfer experts, third, establishment of an agricultural succession certification support institution, fourth, operation of specialized training courses for management transfer, fifth, (local government) linked operation of a farming support center, sixth, agricultural management transfer legislation and securing of budgets. The above agricultural management transfer system is expected to contribute to the advancement of management transfer activation.

Audit Committee, Board of Independent Commissioner, and Institutional Ownership on Earnings Quality with Strengthening of Earnings Growth

  • Muhammad Wahyuddin ABDULLAH;Muh. IKBAL;Raodahtul JANNAH;Andi Yustika Manrimawagau BAYAN;Hadriana HANAFIE
    • Journal of Distribution Science
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    • v.22 no.6
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    • pp.11-22
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    • 2024
  • Purpose: Thisstudy aimsto analyze the distribution of audit committee, independent board of commissioners, and institutional ownership on earnings quality with strengthening earnings growth. Research Design data and Methodology: This quantitative research uses a comparative causal approach. The research population consists of manufacturing companies in the basic and chemical industry sector listed on the Indonesia Stock Exchange in 2016-2022. Samples were obtained as many as 112 using purposive sampling method. The analysis technique to test the hypothesis uses multiple linear regression tests and moderation tests with an absolute difference approach. Results: The results showed that the audit committee and board of commissioners provide a significant positive distribution on earnings quality, while institutional ownership provides a significant negative distribution on earnings quality. Earnings growth strengthens the distribution of the audit committee and independent board of commissioners on earnings quality. However, earnings growth does not strengthen the distribution of institutional ownership on earnings quality. Conclusions: Audit oversight from audit committee and management performance oversight from the independent board of commissioners improves the credibility of earnings quality. Management oversight from institutional ownership reduces earnings quality. The interaction of earnings growth with maximum supervision can improve earnings quality, except for supervision from institutional ownership.

Implementing the Management Model of the Institutional Repositories for the Efficient Distribution Infrastructure of National Knowledge Focusing on the dCollection System (국가지식정보의 효율적인 유통체제 구축을 위한 대학 리포지토리의 운영 모형 개발 : dCollection을 중심으로)

  • Kim, Hyun-Hee;Ahn, Tae-Kyoung;Chang, Woo-Kwon;Kwak, Byeong-Heui
    • Journal of the Korean Society for information Management
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    • v.22 no.3 s.57
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    • pp.103-127
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    • 2005
  • The purpose of the study is to implement the management model of the institutional repositories for the efficient distribution infrastructure of national knowledge focusing on the dCollection system which is operated by KERIS (service provider). In order to build the management model, the two steps were utilized. The first step is to investigate the checklists of repositories that are important factors for the successful repository implementation through literature review. On the other hand, the second one is to survey the current status of the sixteen domestic and foreign institutional repositories through interviews, surveys and email as well as the repository home pages and literature reviews. Through the two steps, the management model including six components such as content and librarian role was proposed. The proposed management model will be utilized to supply guides both to the universities which plan to build their institutional repositories and to the universities which try to promote the activities of their repositories.