• Title/Summary/Keyword: Long-term Employment

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Dominant Stockholder Illegality and Enterprise Value : Focusing on Korean Firm Cases

  • Kim, Sung Tack
    • Asia Pacific Journal of Business Review
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    • v.1 no.2
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    • pp.17-35
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    • 2017
  • This research is a case study that focuses on how conglomerate illegality and corresponding penalty affects corporate performance and strategy. The research aims to provide base information for policy-makers as well as the general public about the corporate environment. The analysis results can be summarized as follows. First, profitability is represented as an M-curve. Profitability falls from indictment to the final pronouncement of the corporate head and increases upon his or her return. The result suggests that the absence of a corporate head could result in low profitability as the firm is exposed to owner risk. Secondly, significant effects on investment were not found. Investment showed a continuous increase from indictment to final judgment. This could have resulted from investment decisions made prior to the indictment, which are generally long-term. Meanwhile, the rate at which investments rose for core subsidiaries were lower, which makes it reasonable to suspect dwindling executive capacity due to the absence of a corporate head. Thirdly, employment showed a slight increase, but the rate was found to be greater during the periods following the final judgment. From a political perspective, this increase can be inferred from a give-and-take tradeoff between corporate employment and the pardon of the corporate head.

Exploratory study on impacting elements on retired special security government official's reemployment (퇴직 특정직 경호공무원의 재취업에 미치는 영향요인에 관한 탐색적 연구)

  • Kim, Beom-Seok
    • Korean Security Journal
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    • no.27
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    • pp.51-80
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    • 2011
  • I had an interview with some unemployed career staffs who had retired and worked for more than twenty years in order to research impacting elements on reemployment for l retired special security government officials. This interview included an officer and a consultant for supporting employment in order to explore compacting elements on retired security government official's reemployment. Looking over analysis results, first, there is a shortage of reemployment opportunities and information. The job applicant's employment requirements are not in accordance with the company's employment conditions. They don't have enough professional experience necessary for employment. There is no positive employment supporting counterplan or vocational education program in the organization. Second, their insight about finding a job is high for the current employment market condition. The reemployment offices have a very difficult task because job applicants prefer a full-time job which offers long term work and guarantees a social position. Third, it is a huge obstacle to undertake going into various enterprises and fields because they don't have the right mind set and enough preparation for reemployment. Moreover, they would prefer to depend on organization employment support rather than getting a new job by themselves when they don't possess other careers' qualifications. Finally, they know that social networks and personal connections are extremely important in obtaining vocations, but actually have poor social networks and few personal connections. Accordingly, Their organization and related persons need to reflect on analysis results about impacting elements on reemployment for retired special security government officials.

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Is Increasing of Labor Market Policy Expenditure Effective Policy Tool to Lessen the Fiscal Crisis in Welfare State? : The Interaction between Active and Passive Labor Market Policy (노동시장정책의 확대는 복지국가 재정위기 해소에 유효한가? - 소극적·적극적 노동시장정책의 상호작용 효과)

  • Bae, Eunchong;Ko, Hyejin;Cho, Hyojin
    • 한국사회정책
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    • v.24 no.4
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    • pp.185-222
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    • 2017
  • The purpose of this study is to investigate the effect of labor market policy on fiscal soundness of welfare state. The analysis was carried out using cross-sectional panel data regression analysis, stepwise mediating effect analysis and system GMM designed by Baron and Kenny(1986) based on the data from 1985 to 2015 for 20 OECD countries. In setting up the analysis model, this study considers the interaction effect between active and passive labor market policies as well as the time sequence of the outcomes which have been overlooked in the previous studies. The result shows that labor market policies have significant impacts on the fiscal condition of welfare states, which is measured as the levels of national debt in this study. Especially the expenditure on active labor market programs has a positive effect on improving the fiscal soundness of welfare states by promoting the employment rate. In contrast, passive labor market programs expenditure is negatively associated with employment rate growth and it exacerbates the burden of national debt in the short-term. However, when active labor market programs and passive labor market programs are combined, the negative impacts by passive pabor market policies on the fiscal soundness of welfare states are off-set. Therefore this study addresses that although the expansion of the labor market policies can be inimical to the fiscal soundness of welfare states in the short-term, in the long run, they can have effective roles in securing and promoting the fiscal soundness of the welfare states by promoting the employment rate.

Effects of Industrial Restructuring on Employment and Growth (산업구조조정이 고용 및 성장에 미치는 영향)

  • Seo, Byeongseon;Kim, Taekyung
    • Economic Analysis
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    • v.26 no.4
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    • pp.1-38
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    • 2020
  • In this research, we explore the effects of changes in industrial structure due to industrial restructuring on employment and growth in the Korean economy. To that end, we first investigate the impact of industrial restructuring on employment through Lilien's sectoral shift hypothesis, considering the dependence of industrial restructuring on business cycles. As a result of the analysis, we find that changes in the industrial structure have exerted a short-term effect of increasing unemployment, and that the effects of industrial restructuring are even greater during the economic downturn period. In light of these points, Lilien's sectoral shift hypothesis seems to be valid in Korea. Next, we examine the effect of industrial restructuring on economic growth in Korea by analyzing which one, between the Kuznetz hypothesis and the Baumol effect, is dominant. Empirical results reveal that the mid- to long-term effect of industrial restructuring on GDP growth is significant, which is in accordance with the Kuznets hypothesis, where resource allocation along with industrial restructuring to sectors with high productivity spurs economic growth.

A Study on the Linkage Model of Community Elderly Protection System: Focusing on Long-Term Care Insurance for the Elderly (지역사회 노인보호체계의 연계모형에 관한 연구: 노인장기요양보험을 중심으로)

  • Choi, In-Kyu
    • Journal of the Korea Convergence Society
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    • v.7 no.6
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    • pp.259-266
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    • 2016
  • The purpose of this study is to explore the feasibility of establishing the elderly protection system for the elderly in the local community, and to explore the linkage model and action strategy. In Korea, there is a need to build a comprehensive elderly care system so that elderly people can have appropriate counseling and support programs in the community, as the elderly increase their diverse needs (leisure, housing, employment). In this study, we set up a linkage model of elderly care system and suggested two ways to practice it. First, it is suggested that it is desirable to focus on the formation of the elderly protection system in the community, and divide the practice process into three stages: organization, practice, and organization. Second, it is necessary to apply the long-term care professional manpower which can play a central role such as care manager and nursing care provider in order to apply the community organizing model of the elderly protection system and stable operation of long-term care insurance for the elderly. In addition, a social welfare council and a private network should be established to form a social welfare council, the establishment of related legal provisions, and the education of care managers. Therefore, it is necessary to establish basic data through this study, to establish diverse strategies and plans for the elderly protection system, and to promote it in a phased manner.

A study on long-term intentions of nursing students in graduate students (졸업학년 간호대학생의 간호직 장기근무 의도에 대한 연구)

  • Ahn, Mi Na;Kim, Seo In;Park, Min Kyoung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.5
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    • pp.476-484
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    • 2020
  • Purpose: This study determined the intention of obtaining long-term work by graduate nursing students. Methods: The subjects were 116 students in the fourth year of the nursing department located in G city of G province and G city of J province. A structured questionnaire was used from November 1, 2018 to November 27, 2018 for data collection. The SPSS/WIN 21.0 program was used for the collected data and the data was analyzed by t-tests, one-way ANOVA, Pearson's correlation coefficients, and stepwise multiple regression analysis. Result: The major factors influencing the intention to work were satisfaction with their academic major (β=.54, p<.001), and the career after employment in a hospital) (β=.28, p<.001). The explanatory power was 46.5% (F=51.00, p<.001). Conclusion: To increase the satisfaction of studying nursing, it is necessary to apply various educational programs to positively recognize the nursing profession and a nurse's image and increase optimism and social efficacy. There is a need to develop a tool to measure the intention of obtaining long-term nursing jobs for nursing students in hospitals. This study suggested a way to increase the intention of obtaining long-term work by improving the degree of satisfaction with nursing profession.

The Effect of Investigation Environment on the Perception Toward Legalization of Private Investigation (수사 환경이 탐정 합법화 인식에 미치는 영향)

  • Kim, Sang-Woon
    • The Journal of the Korea Contents Association
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    • v.20 no.9
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    • pp.187-194
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    • 2020
  • The purpose of this study is to examine the effect of police investigation environment on perception toward legalization of private investigation. To enhance the completeness, this study conducted a survey on police officers in service and analyzed the survey data through statistical technique. The results for examination on how police investigation environment influence on perception toward legalization of private investigation were as follows. When the 'work burden from long-term cold case' composing the police investigation environment is high, the police officer highly evaluated the growth potential of private investigation, showed positive perception toward private investigation market, and showed intention for re-employment at private investigation agency after retirement. When the police officer experiences more difficulties from 'investigation other than criminal case', the police officer highly evaluated the growth potential of private investigation and showed intention for re-employment at private investigation agency. In addition, when the police officer thinks that there are a lot of difficulties for "Limited investigation on specialized area", the police officer showed positive perception toward growth potential of private investigation and private investigation market. In addition, police investigation environment showed significant result on legalization of private investigation. The result also verifies that as the difficulty of crime investigated by the police is getting higher quantitatively and qualitatively, it is necessary to introduce private investigation system which is specialized and able to investigate for a long time. This study hopes that this study result would be utilized as the grounds in signing the bill for introducing the private investigation system.

Exposure Assessment of Tile Manufacturing Workers to Crystalline Silica (타일 제조 작업자의 결정형 유리규산 노출평가 사례)

  • Won-Seok Cha;Eun-Young Kim;Dae-Ho Kim
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.33 no.3
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    • pp.291-297
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    • 2023
  • Objectives: An epidemiological investigation was requested for a worker who developed COPD and IPF after long-term molding and firing at a domestic tile manufacturing site. We would like to share the results of the exposure assessment and the estimation of past work. Methods: The content of crystalline silica in four raw materials was analyzed, and the respirable fraction of crystalline silica and dust generated in the air from molding and firing workers and other processes were measured. The measurement and analysis method referred to the NIOSH method. Results: The crystalline silica content of the raw material was 24~47%. The concentration of crystalline silica in the molding and firing process workers and the surrounding area was at the level of the exposure standards set by the Ministry of Employment and Labor and ACGIH, and the respirable and total dust exposure levels were generally low. The crystalline silica concentration of the area samples measured to estimate past work was about twice as high as the exposure standard of the Ministry of Employment and Labor (0.05 mg/m3), and the exposure levels of respirable dust were also quite high at 0.903 and 1.332 mg/m3. Conclusions: It was confirmed that tile molding and firing workers are currently exposed to a fairly high level of crystalline silica, and a high level is also confirmed in area samples to estimate past work. In the past, it is judged that the level of exposure would have been much higher due to differences in production volume, working method, presence/absence of local ventilation facilities, and process layout. When working in such a working environment for a long time, respiratory diseases such as lung cancer, COPD, and IPF can occur.

Composite estimation type weighting adjustment for bias reduction of non-continuous response group in panel survey (패널조사에서 비연속 응답 그룹 편향 보정을 위한 복합가중값)

  • Choi, Hyunga;Kim, Youngwon
    • The Korean Journal of Applied Statistics
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    • v.32 no.3
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    • pp.375-389
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    • 2019
  • Sample attrition according to a long-term tracking reduces the representativeness of the sample data in a panel study. Most panel surveys in South Korea and other countries have prepared response adjustment weights in order to solve problems regarding representativeness due to sample attrition. In this paper, we divided the panel data into continuous response group and non-continuous response group according to response patterns and considered a weighting adjustment method to reduce the bias of the non-continuous response group. A simulation indicated that the proposed composite estimation type weighting method, which reflected the characteristics of non-continuous response groups, could be more efficient than other weighting methods in terms of reducing non-response bias. As a case study, the proposed methods are applied to the Korean Longitudinal Study of Ageing (KLoSA) data of the Korea Employment Information Service.

Raising Percentage of Employment and Analysis of Employment Statistics of Construction Engineers (건설기술자의 취업통계분석 및 취업률 제고방안)

  • Park, Hwanpyo;Han, Jaegoo;Kim, Younghyun
    • Korean Journal of Construction Engineering and Management
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    • v.18 no.3
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    • pp.3-11
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    • 2017
  • Since the global financial crisis, the average youth employment rate in OECD countries dropped from 54% in 2007 to 50.8% in 2013 while the average youth unemployment rate jumped from 9.7% in 2007 to 13.4% in 2013. A similar trend was seen in Korea, with a decrease of the youth employment rate from 42.6% in 2007 to 41.5% in 2015. The country's youth unemployment rate increased from 7.2% in 2007 to 9.2% in 2015. The low youth employment rate has quickly become a social problem not only in Korea but also worldwide. The Korean construction industry will gradually move its focus of investment from quantitative growth to investing in qualitative growth of the sector. In this sense, it is imperative to create jobs for construction engineers and train global talents. This study analyzed the presence of construction engineers and the employment status of university graduates in Korea to suggest ways to create jobs for young construction engineers. To train global talents in the construction engineering sector, it will be necessary to not only establish middle-long term plans but also change the perception of the construction industry from 3D (dirty, difficult, dangerous) to 3C (clean, clear, creative) along with appropriate infrastructure supporting the industry.