• Title/Summary/Keyword: Korean Companies

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Perceived Pressures and Organizational Readiness on the Continuous Internet Adaptation Intention in Fashion Companies

  • Lee, Eun-Jin;Hong, Byung-Sook
    • International Journal of Human Ecology
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    • v.10 no.1
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    • pp.13-22
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    • 2009
  • This study analyzes how the perceived pressures and organizational readiness of fashion companies (that utilize the internet as a marketing or commercial transaction tool) influence the continuous internet adaptation intention. It ascertains the differences between the companies that have introduced the internet commercial transaction and companies that have not. The survey was conducted among the employees of fashion companies from January $15^{th}$ to February $20^{th}$ in 2009. A total of 314 respondents were submitted for analysis using diverse methods that include frequency analysis, factor analysis, reliability analysis, t-test, and multiple regression analysis. The results show that the perceived internal and external pressures, the support of the chief executive officer and capacity of the organization influence the continuous internet adaptation intention of fashion companies. There are differences in the perceived internal and external pressures, support of the chief executive officer, capacity of the organization, and continuous internet adaptation intention between companies that introduced a internet commercial transaction system and those that have not.

An Empirical Study on Factors Affecting the Implementation of Information Technology in Korean Global Logistics Companies (국제물류업체의 정보기술(Information Technology) 수용에 관한 실증적 연구)

  • Lim, Jun-Hyeong
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.75-95
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    • 2010
  • This paper examined the factors affecting the implementation of information technology in Korean Global Logistics Companies. Nowadays, the spread of electronic commerce using internet demands a large changes doing business with company to company and give that company a change to recognize logistics. To support logistics activity, all kinds of companies are using the computer and are recognized that the efficient using of Cyber Logistics Information will mainly play a roll to strength the companies competition power. We gathered detailed data on our sample companies mainly from publicly available sources : Korea International Freight Forwarder Association (KIFFA), and companies' web sites. A structured questionnaire was used to collect information about: (1) the company (2) To investigate the factors of the three contexts described above on korean Global Logistics companies's electronic trade adoption and implementation. (3) Usage level of electronic logistics. Most of the approximately 70 questions enumerated in the questionnaire were open-ended, which was consistent with our primary objective of developing a conceptual framework that was informed by empirical evidence. This study suggests that top management support and influential power are main factors for the Korean Global Logistics Companies.

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A Study on the Insolvency Prediction Model for Korean Shipping Companies

  • Myoung-Hee Kim
    • Journal of Navigation and Port Research
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    • v.48 no.2
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    • pp.109-115
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    • 2024
  • To develop a shipping company insolvency prediction model, we sampled shipping companies that closed between 2005 and 2023. In addition, a closed company and a normal company with similar asset size were selected as a paired sample. For this study, data of a total of 82 companies, including 42 closed companies and 42 general companies, were obtained. These data were randomly divided into a training set (2/3 of data) and a testing set (1/3 of data). Training data were used to develop the model while test data were used to measure the accuracy of the model. In this study, a prediction model for Korean shipping insolvency was developed using financial ratio variables frequently used in previous studies. First, using the LASSO technique, main variables out of 24 independent variables were reduced to 9. Next, we set insolvent companies to 1 and normal companies to 0 and fitted logistic regression, LDA and QDA model. As a result, the accuracy of the prediction model was 82.14% for the QDA model, 78.57% for the logistic regression model, and 75.00% for the LDA model. In addition, variables 'Current ratio', 'Interest expenses to sales', 'Total assets turnover', and 'Operating income to sales' were analyzed as major variables affecting corporate insolvency.

The Six Sigma Management Model for Small and Medium-sized Companies Using the Management by Process (프로세스 접근방법에 의한 중소기업형 6시그마 경영모형에 관한 연구)

  • Jung Dong-ho;Hong Sung-jo
    • Journal of Korean Society for Quality Management
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    • v.32 no.4
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    • pp.140-155
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    • 2004
  • Six Sigma Management has been introduced as a management strategy by leading companies and some small and medium-sized companies in Korea. But it is not easy for small and medium-sized companies to implement this new management system because of their business environment such as poor manpower or lack of time, etc. This paper proposes an effective implementation model of the Six Sigma Management for small and medium-sized companies using the management by process. First, We review the concept of Six Sigma Management and consider the problems of introducing the system for small and medium-sized companies. And then, Six Sigma Management model for small and medium-sized companies named SIX SIGMA-s is presented. Finally, we present a case study of applying SIX SIGMA-s for a medium- sized company.

Dynamic Causal Relationship between CSR Activities of Fashion Companies and Consumption of Environmentally Friendly Fashion Products through Systems Thinking (시스템 사고를 통한 친환경 CSR 활동과 친환경 패션제품 소비 간 인과관계 분석)

  • Chung, Kyunghwa;Lee, Yuri
    • Korean System Dynamics Review
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    • v.16 no.4
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    • pp.103-128
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    • 2015
  • This study investigated dynamic causal relationship between CSR implementation and consumption of environmentally friendly fashion products through systems thinking. Based on literature review and empirical research, we drew causal loop diagram for CSR implementation in environmentally friendly fashion product industry. By analyzing feedback loops, we found that companies and consumers interact in the process of CSR activities. In the process of CSR implementation, companies and consumers are closely related and affect each other as stimuli and prior condition. This study suggests that companies adopt push strategy to actively create demand by developing and promoting environmentally friendly fashion products and that companies communicate with consumers in order to be recognized and rewarded by consumers for their CSR activities. In addition, this study suggests that consumers not only support companies of CSR activities but also actively boycott anti-environmental companies by collective action.

A Study on Effects of Success Factors of Knowledge Management for Business Activity and Business Performance - Korean Manufacturing Companies and Non-Manufacturing Companies (지식경영 성공요인이 지식경영활동과 경영성과에 미치는 영향에 관한 연구 - 국내 제조기업과 비제조기업을 중심으로)

  • Kang, Byung-Young;Kim, Eun-Jung
    • The Journal of Information Systems
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    • v.16 no.2
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    • pp.145-169
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    • 2007
  • The purpose of this research is to investigate success factors of knowledge management in Korea companies. The research scheme was experimented through a questionnaire survey answered by 87 companies. The research model was composed of five groups : 1) CEO support and business strategics, 2) organization culture 3) information technology characteristic of knowledge workers 4) a reward and performance measurement 5) knowledge management system. The results of this research indicated that the CEO support and organization culture are important factors for knowledge activities. The information technology characteristic of knowledge workers and a reward have small effects for knowledge activities. Manufacturing companies and non-manufacturing companies need different knowledge management strategies. The results of this study will be helpful for the success implementation of knowledge management in Korean companies.

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The Effects of Information Transfer of Personal Information Security Breaches (개인정보 유출의 정보전이 효과)

  • Park, Sang-Soo;Lee, Hyun-Chul
    • The Journal of Information Systems
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    • v.27 no.1
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    • pp.193-224
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    • 2018
  • Purpose Targeting Korean companies listed on Korean securities markets (i.e., KOSPI and KOSDAQ markets), this study aims to shed lights the effects of personal information security breaches on stock prices of information security companies. Interestingly, this study is, to the best of our knowledge, the first to examine the information transfer effect on personal information security breaches of companies. Design / Methodology /Approach To examine the information transfer effect of personal information security breaches, our study employs the event study commonly used in financial studies. To this end, we investigate a variety of events of personal information security breaches of companies listed on the KOPSI stock market and the KOSDAQ market. We collect the total samples of one hundred and twelve with forty seven of events of personal information security breaches by thirty companies and sixty five of information security companies. Findings The principal findings from the empirical study are as follows. First, for companies of personal information security breaches, our event study presents the significantly negative AAR (averaged abnormal return) value on the event day at the 5 % level and the highly significant negative CAAR(cumulative averaged abnormal return) value on the event day and the day after the event day at the 1 % level. The results suggest that personal information breaches significantly contribute to an decrease in value of the information breached companies. The cross sectional regressions in this study estimate the significantly negative coefficient for the ME/BE variable, the proxy for a growth opportunity at the 5 % level. This suggests a reverse relation between the growth opportunity of companies and their value. As for the various samples of the information security companies categorized by physical security, network and system security, security application software, code authentication, system integration, we find the significantly positive AAR on the day after the event day at the 5% level, only for the network and system security-companies. This addresses that the information transfer effect followed by personal information breaches is uniquely observable for companies categorized into network and system companies. The regressions for the network and system companies estimate the significantly positive coefficient for the NS dummy variable (i.e., the dummy of the network and system security companies) at the standard level. This allows us to identify appropriate times needed to make the information transfer effect realized from personal information breached companies to information security companies.

An Empirical Study on the Supply Chain Asset Performance of Korean Companies (우리 나라 기업의 SCM 성과에 관한 실증적 연구 - 자산성과 분석을 중심으로 -)

  • Kim, Dae-Ki;Kwon, Oh-Kyoung;Baik, In-Soo
    • IE interfaces
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    • v.16 no.2
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    • pp.167-173
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    • 2003
  • We attempted to empirically analyze the supply chain performance of Korean companies. We utilized the supply chain performance metric of SCOR(Supply-Chain Operations Reference-Model) which has been developed by the Supply Chain Council. We especially focused on the supply chain asset performance using the currently available accounting database of Korean companies. Cash-to-cash cycle time, inventory days of supply, and asset turns were analyzed for 621 Korean companies during the last 5 year period 1997-2001. We compared the performance by industry type and company size. In addition, we compared the cash-to-cash cycle time of Korean companies with global companies.

A Study on Locational Factors of Korean Shipping Companies (우리나라 해운기업의 입지요인에 관한 연구)

  • Kim, MyoungHee;Seo, GeumHong;Oh, YongSik
    • Journal of Korea Port Economic Association
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    • v.28 no.4
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    • pp.209-229
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    • 2012
  • There have been lots of studies on locational factors of companies, but, very few studies for Korean shipping companies. This study analyzes locational factors for Korean shipping companies using AHP(Analytic Hierarchy Process) method. For the study model, the first level is consisted by software, hardware and city policy factors. As more specific factors, the second level is formed by three factors of the first level. The third level consists of Seoul and Busan to evaluate competitive advantage for location of shipping companies. We carried out an analytical survey focused on the executives of shipping companies and related experts, and derived the priority order for locational factors of Korean shipping companies as follow. Firstly, software factors turned out the most important factor for location of Korean shipping companies. Next, Busan has a competitive advantage only in city policy factors. However, there are much of competitive disadvantages in both software and hardware factors for location of shipping companies compared against Seoul.

Analysis of the SCQM Efficiency of a Parent Company and Its Partner Companies Using DEA (DEA를 이용한 모기업과 협력기업의 공급망 품질경영 효율성 분석)

  • Oh, Soo Jung;Kim, Hyun Jung;Kim, Soo Wook
    • Korean Management Science Review
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    • v.30 no.2
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    • pp.43-61
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    • 2013
  • With the recent introduction of supply chain management (SCM), quality management has extended from within companies to between companies. As a result, supply chain quality management (SCQM) has received increased attention. However, existing SCQM studies only focus on what impact quality control in supply chains have on company performance while virtually no studies examine quality control efficiencies. This paper, therefore, evaluated the SCQM efficiency of a parent company and its partner companies by using Data Envelopment Analysis (DEA) based on the Quality Collaboration Index for Supply Chain Management (QCI-SCM) conducted by the Korean Standards Association for its 'Quality Innovation-Based Building and Expansion of Business.' Study results showed that a parent company and its partners showed an overall average efficiency of approximately 80% (parent company 80.37%, partner company 79.05%). By also performing a discriminant analysis based on the calculated efficiency scores using DEA, factors that made companies efficient or inefficient were different between the two groups. In parent companies, efficiency and inefficiency were determined by factors such as communication, infra-structure, support, delivery of quality, and benefit sharing, whereas in partner companies, talent development, infrastructure, crisis management, and delivery of quality were the determining factors. In this paper, we examined the efficiency of SCQM and analyzed them from the perspective of both the parent company and partner companies to offer strategic SCQM insights.