• Title/Summary/Keyword: Management Ownership

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Fast-fashion retailers - Types of online-based internationalization -

  • Lee, Jung Eun
    • The Research Journal of the Costume Culture
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    • v.27 no.1
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    • pp.33-45
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    • 2019
  • This study identified types of online retail internationalization in the fast-fashion context and proposed driving factors of retailers' choices in online-based market entry following the logic of the Uppsala model and the eclectic theory. In particular, this study proposes three types of online-based internationalization: 1) entering a host market with a physical store first, and then expanding with an online store, 2) entering a foreign market with an online store, then expanding to physical stores, and 3) entering only with an online business. In addition, this study investigated the causal factors, ownership-specific and location advantages, that influence the choice of the type of developmental process of online-based internationalization. To develop theoretical and managerial insights into the issue researched, this study employed a qualitative research design involving case studies of three European fast-fashion retailers, H&M, TOPSHOP, and ASOS. This study suggested that fast-fashion retailers that enter a host market with high ownership-specific advantages are likely to choose to enter the market with physical stores and then expand with online stores. On the other hand, when faced with uncertainties attributable to low ownership-specific or location advantages, fast-fashion retailers are likely to choose to enter with an online store first and then expand with physical stores as conditions change. Consequently, this study provides a better understanding for fast-fashion retailers who are willing to expand their businesses to foreign markets via online stores.

Smart phone Buying Behaviour Among Youth in the Emerging Economies: A Study Conducted in India

  • Nair, Vinith Kumar;George, Babu P
    • The Journal of Economics, Marketing and Management
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    • v.4 no.2
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    • pp.33-47
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    • 2016
  • The second decade of the current century has witnessed a sharp rise in the total number of mobile users across the globe. Mobile device ownership rather defines our daily lives and even identities. India has emerged to become one of the largest markets for smartphones. India is an emerging economy with a lot of uniqueness: particularly, it has one of the most tech literate young consumers in the world and that its cultural fabric is extremely collective. This study looks into some issues related to the proliferation of smartphones among the Indian youth.

Management Efficiency Evaluation of Korean Medicine Hospitals by Data Envelop Analysis(DEA) Model (DEA모형을 활용한 한방병원의 경영효율성 분석)

  • Park, Joon;Choi, Byunghee;Lim, Byungmook
    • Journal of Society of Preventive Korean Medicine
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    • v.17 no.3
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    • pp.103-114
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    • 2013
  • Objectives : This study aimed to analyze the management efficiency of Korean Medicine hospitals for recent 10 years(2001~2010) using the Data Envelop Analysis(DEA) model. Methods : We collected the management data of 23 Korean Medicine hospitals for DEA model from the Korean Oriental Medicine Hospitals' Association (KOMHA). Input variables of DEA model are numbers of beds, numbers of doctors, numbers of nurses and numbers of other staffs of each Korean Medicine hospitals. Output variables are numbers of inpatients and numbers of outpatients of each Korean Medicine hospitals. Based on the DEA model, we calculated the efficiency score of each Korean Medicine hospital and compared it by hospital's ownership, location, and size. Results : Average DEA efficiency scores of Korean Medicine hospitals by year ranged from 0.86 to 0.92. Private owned hospitals showed higher efficiency scores than the university affiliated hospitals with statistical significance (p=0.001). And Korean Medicine hospitals located in capital region of Korea(Seoul City, Incheon City, Gyeonggi-do) and the rest Korean Medicine hospitals did not show statistical difference (p=0.516). Lastly, Korean Medicine hospitals with different size did not show statistical difference in management efficiency (p=0.499). Conclusion : We have found that Korean Medicine hospitals management efficiency have not changed throughout 10 years, and that different ownership forms of Korean Medicine hospital show statistical difference in management efficiency while location, and size do not.

Competitiveness Analysis of National and Foreign Auto-parts Makers (외자계와 내자계 자동차 부품회사의 경쟁력 비교)

  • Yu, Ji-Soo;Jung, Kyung-Hee
    • Journal of Korean Institute of Industrial Engineers
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    • v.36 no.3
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    • pp.186-192
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    • 2010
  • The present study classified the auto-parts makers into four groups according to their investment ownership. Four groups consist the one fully owned by Koreans, the one fully owned by foreigners, the one owned less than 100% but more than 50% by foreigners, lastly the one owned by less than or equal to 50% by foreigners. Among these, the auto-parts makers, 100% foreign ownership, have the highest Malmquist productivity index while 100% Korean-owned part-makers has the lowest productivity. In case of the 100% foreign ownership companies, the cause of Malmquist change, however, is attributed to the technical efficiency change. In particular, the pure technical change is the main source of the Malmquist change. This may indicate that the 100% foreign-owned companies have successfully transferred their production process technologies to the Korean plants. They are enjoying so called the "imitation-effect." 100% Korean-owned companies were not able to create the "imitationeffect" and therefore failed to close the gap with the foreign-owned companies in terms of the production efficiency. 100% Korean-owned auto-parts makers, however, outperformed the foreign-owned companies in the technological change. The outstanding technological change may indicate that Korean-owned part makers were able to narrow the gap with the foreign-owned companies in the area of engineering technological capabilities. The same results were also observed for 50% foreign-owned companies. Knowing that the core competence of the auto-parts makers lies on the engineering technological capabilities, the research found that the most desirable form of the foreign investment was 50% of foreign ownership.

A Study on the Relationship between the Strengthen Non Financial Performance and Shareholder Return (기업의 비재무적 성과와 주주환원의 관계에 대한 연구)

  • Kim, Jong-Hee
    • Asia-Pacific Journal of Business
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    • v.13 no.3
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    • pp.311-328
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    • 2022
  • Purpose - The purpose of this study was to examine the relationship between firm's non financial performance and its shareholder return by analyzing PCA while focusing on the classifying all the variables into three categories such as financial, characteristics, and non financial factors of the firms. Design/methodology/approach - By exploring the pattern of self tender from the 801 firms in KOSPI while focusing on the objective of stock disposal, this paper analyzes the change of shareholder return of the firm. Findings - First, the higher major ownership, the lower self tender gets, whereby the higher ownership by foreigners, the ratio of self tender is higher. Secondly, cash dividend has not significant impact on the disposal of self stock, and the high ratio of ownership by foreigners leads to the high probability of retirement rather than the general disposal. In contrast, the major ownership has a negative impact on the general disposal as well as retirement. Thirdly, the score of non financial factors such as Environment(E), Social responsibility(S), and Governance(G) shows the high value in case of the firms with self tender. More specifically, the firms with retirement has the highest value of ESG while it has the lowest value in case of the firms with general disposal. Research implications or Originality - The retirement which means the active shareholder return is strongly affected by the non financial factors. Specifically, the probability of retirement increases in case of the firms with retirement, and even such a tendency is found to the case of the firms with general disposal.

A Study on the Foreign Market Entry Strategy of Venture Firms (해외시장 진출전략에 관한 연구 -정보통신분야의 벤처기업을 중심으로-)

  • Kim Jin-Ha
    • Management & Information Systems Review
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    • v.5
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    • pp.185-209
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    • 2000
  • A review of shows that past research has focused predominately on foreign market entry strategy issues in relatively well-established firms. These studies have either ignored venture firms or have failed to treat these firms separately. Only recently, researchers have broadened their search to include aspects of the foreign market investment of the venture. The purposes of this study are to identify and explain the impact factors such as ownership specific advantage, transaction cost, and location specific advantage on the choice of foreign market entry strategy for venture firms. To find the perceived the foreign market entry strategy and determinant factors, 130 venture CEOs from the computer and communications equipment industries were asked to describe their venture's foreign market entry strategy through 17 questionnaire items on competitive method. Using factor analysis, the six determinant factors were categorized. To test the relationships between the foreign market entry strategy and factors such as ownership specific advantage, transaction cost, and location specific advantage, the data collected by questionnaire from 92 ventures. The main results of this research are as follows. First, the factors of ownership specific advantage have partially significant impact on the foreign market entry strategy of venture firms, Second, the factors of transaction cost have significant impact on their foreign market entry strategy. Third, the factors of location specific advantage have significant impact on their foreign market entry strategy. This study has produced evidence to demonstrate that the foreign market entry strategy profile of venture firms can be distinguished from those of relatively well-established firms. An expanded study would allow for stronger conclusions regarding the relative explanatory power of individual variables in the method. Additional research is also needed to examine other determinant variables connecting foreign market entry strategy.

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A Study on Common/Private Borderline and Renovation of Apartment House (공동주택의 공사구분(共私區分)과 리모델링과의 관계에 관한 연구;한국과 일본의 공동주택 표준관리규약을 중심으로)

  • Lee, Jae-Sauk;Seo, Hyeong-Wook;Nam, Hye-Won;Chun, Jae-Youl
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.562-566
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    • 2007
  • In apartment house renovation project, the project progress held up in perception gap or conflict of interest with residents as usual. These dispute occurs ambiguous borderline ordistinction of Common Useing) Parts and Exclusive Possessed Private Parts. The Maintenance Covenant now in force in Korea and Japan are considered in this paper about theses item. Summarizing the conclusion is as below. 1) In The Maintenance Covenantnow in force, in definition of Ownership, Utilization, Maintenance, Japan is more ostensive than Korea. 2) The Borderline of Common Using Parts with Exclusive Possessed Parts is [Inner line of Exterior Wall] in Korea and in Japan also. But in Korea it is not in unity in purpose and action or definition and description. 3) In Japan, the Subject of Ownership is defined with hierarchically, as Housing complex-residential Building-individual dwelling, But not in Korea. 4) In Japan, [Exclusively using Common Owned Parts] are defined, But not in Korea.

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Ownership of Long-Term Care Facility and Incidence of Pressure Ulcers among Republic of Korea

  • Chun, Sung-Youn;Park, Hyeki;Kim, Woorim;Joo, Yeong-Jun;Lee, Tae-Hoon;Park, Eun-Cheol
    • Health Policy and Management
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    • v.30 no.4
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    • pp.522-530
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    • 2020
  • Background: In 2008, Korea implemented a new type of social insurance known as "long-term care insurance". We examined the association between ownership of long-term care facilities and the incidence of pressure ulcers after the implementation of "long-term care insurance". This study is a population-based retrospective cohort study from 2006 to 2013. Methods: We used medical claims data from the Korean National Health Insurance Corporate Elderly Cohort Database from 2006 to 2013. These data comprise a nationally representative sample. To avoid confounders, only patients admitted to one long-term care facility and who stayed for >70% of the follow-up time were included; as a result, 3,107 individuals were enrolled. The main independent variable was the operating entity of the long-term care facility (local government, corporate bodies, and private for-profit owners), and the dependent variable was the 1-year incidence of pressure-ulcers. Survival analysis (Cox proportional hazard model) was used as an analysis method. Results: Compared to patients admitted to local government long-term care facilities, patients admitted to private long-term care facilities had a significantly higher 1-year risk of pressure ulcers (hazard ratio [HR], 1.94; 95% confidence interval [CI], 1.29-2.91); the risk was especially high among patients who were cognitively dependent (HR, 2.34; 95% CI, 1.25-4.37). Conclusion: Patients admitted to private for-profit long-term care facilities were more likely to have pressure ulcers compared to those in local government and corporate body long-term care facilities. Appropriate assessment tools and publicly available information, as well as more restricted legal requirements, are needed to improve the care quality and outcomes of patients in long-term care facilities.

Collective Psychological Ownership and Organizational Performance in Co-operatives: The Mediator Effect of Shared Leadership (협동조합 이사회의 공동심리소유권과 조직성과: 공유리더십의 매개효과를 중심으로)

  • Park, Ji-A;Lee, Sun-Hee;Shin, Hyo-Jin;Lee, Sang-Youn
    • Korean small business review
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    • v.43 no.3
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    • pp.43-73
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    • 2021
  • The purpose of this study is to examine the effect of the collective psychological ownership (CPO) of the board of directors of cooperatives on organizational performance, and to find out the mediator effect of shared leadership between CPO and organizational performance. In this study, we collected a data set of the survey of 453 directors from 78 local consumer cooperatives of iCOOP Korea. The study found that the CPO of the board of directors of consumer cooperatives had a positive impact on the social performance and activity performance of the organization. More importantly, the mediator effect of shared leadership between CPO and performance was statistically significant. These results suggest that strengthening CPO on the board is necessary for the performance of co-operatives, and that shared leadership is an important medium for linking CPO to performance.

Effect of Residential Environmental Satisfaction on Aging in Place : Analysis of Moderated Effects of Housing Characteristics (주거환경 만족도가 지역사회 계속 거주 욕구에 미치는 영향 : 주거특성의 조절효과 분석)

  • Baek, Seong-Wook;Lee, Chan-Ho
    • Journal of Industrial Convergence
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    • v.20 no.8
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    • pp.25-31
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    • 2022
  • This study examines the impact of residential environmental satisfaction on AIP(Aging in Place), and analyzes how their relationship differs depending on housing characteristic variables (ownership type, housing type, and residential area). For this purpose, as of November to December 2020, a questionnaire analysis was conducted on 373 adult males and females residing in Busan and Gyeongnam. The results of this study are summarized in two ways as follows. First, the higher the satisfaction with the residential environment, the higher the AIP. Second, it was analyzed that the positive relationship between satisfaction with the residential environment and AIP was higher in ownership than in rental cases, and further decreased in detached houses compared to apartment houses. In addition, compared to other regions, metropolitan cities or small and medium-sized cities had a higher positive (+) relationship between satisfaction with the residential environment and AIP. This study will provide important implications for policymaking related to population and urban planning.