• 제목/요약/키워드: Political Environment

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Corruption, Terrorism and the Stock Market: The Evidence from Iraq

  • ASAAD, Zeravan Abdulmuhsen;MARANE, Bayar MohamedRasheed
    • The Journal of Asian Finance, Economics and Business
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    • 제7권10호
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    • pp.629-639
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    • 2020
  • The current study explains how corruption, terrorism, political stability and oil price has an effect on on the Iraq stock exchange utilizing corruption perception index as a proxy of corruption, global terrorism index as proxy for terrorism, political stability and oil price with ISX60 index as proxy of stock market for the period (2005-2019) using Ordinary Least Square method. The results show that the level of corruption, terrorism activities and political stability coefficient is significantly positive with Iraq stock exchange. In contrast, the oil price coefficient is significantly negative with Iraq stock exchange, which means that lower levels of corruption, less terrorism activities and more stability in political system have strong influence on stock market development in Iraq. The study concludes that the explanatory variables are important for Iraq stock exchange. Hence, the study suggests the policy makers to develop stock market by implementing policies and strategies to overcome high level of corruption, terrorism activities especially after ISIS/ISIL announcement has been made public. There is a need for transparency and creating stable political environment through good governance practices in order to attract more foreign investment and promote economic development. Factors like terrorism and corruption make economic and political systems unstable and has an adverse effect on on Iraq's stock exchange performance.

한국 기업의 브라질 현지 정치적 환경에 대응하는 경영전략에 관한 연구 (An Empirical Study on the management Strategies of Korean Firms corresponding with the Political Environment in local Brazil : Focusing on the Analysis of Structural Equation Modeling)

  • 김철
    • 국제지역연구
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    • 제14권3호
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    • pp.131-154
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    • 2010
  • 본 논문은 브라질 현지에 진출하여 직접 경영활동을 수행하고 있는 한국기업들이 직면하고 있는 정치적 환경요인이 무엇인가를 규명하고 이에 어떠한 대응책을 마련하여 경영활동을 전개하고 있는 가를 밝히기 위한 것이라 할 수 있다. 기업의 경영활동에 영향을 미치는 일반 환경요인과 산업 환경요인 중에서 일반 환경요인으로 연구의 대상을 제한하였는데 그 이유는 기업이 오히려 일반 환경에 대한 분석을 체계적으로 실행하고 있지 않다는 지적이 있기 때문이다. 그리고 본 연구에서는 일반 환경요인 중에서 정치적 환경요인만을 분석에 대상에서 포함시켰는데 기업의 현지경영활동에 가장 직접적이고 가시적인 영향력을 가장 강력하게 행사하고 있다는 판단 때문이다. 선행연구를 통해 문헌분석을 실행하였고 이를 토대로 연구가설을 설립한 후 이를 검증하기 위한 실증분석을 실시하였다. 분석결과, 현지의 행정 관료의 비합리적 행태들과 관련 법 시스템의 임의적인 적용환경에 대응하기 위하여 합리적인 적응과 인간관계의 강화 등의 현지경영전략을 실행하고 있는 것으로 나타났다. 활용한 통계분석 프로그램은 기술통계를 위해서는 SPSS 12.0 그리고 추리통계에는 AMOS 12.0 등이다.

Social Factors and Changing Attitudes towards Women's Political Leadership in the World Values Surveys

  • Iravani, Mohamad Reza;Ghalanni, Nasrin
    • Asian Journal of Business Environment
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    • 제4권4호
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    • pp.13-18
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    • 2014
  • Purpose - This study aims to analyze changes in attitudes towards women's political leadership and the social factors related to such changes. The study reviews the field of women's political leadership, specifically the political and economic participation of women in the world, and the impact of variables such as the changes in attitude on such participation. Research design, data, and methodology - The population for this study comprises 99 countries that are members of the United Nations and have participated in the third and fifth waves of the World Values Surveys. The sample consists of 31 such countries selected for sampling. Results - This study is a secondary analysis to examine the hypotheses regression and the LISREL model are used. The findings of the study indicate that the correlation between two variables, namely women's political participation and leadership of women, is statistically significant. Conclusions - The changing rate of women's economic participation is also significant. The significance of these coefficients indicates that the results, with a 95% confidence level, can be extended to all member states.

Revisiting the Asian Financial Crisis: Is Building Political Ties with Emerging Political Elites Beneficial during a Crisis?

  • Kyung Hwan Yun;Chenguang Hu
    • Journal of Korea Trade
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    • 제26권4호
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    • pp.63-82
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    • 2022
  • Purpose - Drawing on relational institutional theory, we explored how demographic similarity between board members of a firm and newly emerged political elites led to firms' increased financial resource acquisition such as leverage ratio and decreased export intensity amidst the Asian financial crisis. We also studied how a firm's leverage ratio and export intensity can further affect firm profitability and financial credit rating. Design/methodology - We revisited and explored a unique, unprecedented crisis that affected most Korean firms: the Asian financial crisis that coincided with a governmental shift from a conservative to a liberal party. We collected demographic information from 432 listed Korean firms' board members and 43 political elites of the Blue House from 1998-2000 to create a demographic similarity measurement. We collected firms' financial information, built panel data, and used ordinary least squares regression to test our theory. Findings - Our results showed that demographic similarity between a firm's directors and newly emerged politicians had a positive association with a firm's leverage ratio but a negative association with a firm's export intensity. A firm's leverage ratio had a negative relationship with firm performance measured by firm profitability and financial credit rating. A firm's export intensity showed a positive effect on firm performance. Originality/value - We highlighted that during an economic crisis that coincided with a governmental shift and change of leading political actors, firms exerted efforts to survey the environment and build new external stakeholder relationships to cope with the changing landscape. We proposed that in an emerging market like Korea where low levels of trust and favoritism are prevalent across society, one of the relational institutional strategies that firms can employ is the selection of directors with similar demographic characteristics to political elites based on factors including birthplace and school affiliations. We examined the efforts of firms to build political networks with newly empowered political elites during a financial crisis, and the consequences of establishing such networks. We highlighted that during a financial crisis, the demographic similarity between a firm's board members and newly emerged politicians can provide firms with access to financial resources but can also result in poor management and reduced effort to enhance its international competitiveness.

목표관리에서 환경지표의 활용방법에 관한 연구 (A Study on the Methods for Usage of Environmental Indexes in Management by Objectives)

  • 임만택;주승호;윤경섭;권창룡
    • 대한안전경영과학회지
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    • 제13권3호
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    • pp.199-208
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    • 2011
  • Environment standards can be used as a foundation of environment administration (specific expression of political goals or quantitative evaluation standards of political effects). When environment adminstration improves severe air or water pollution rapidly, the environment standard can work effectively to show the goals specifically and clearly. The environment index which is designed to evaluate environment systems, should be established to express the environment system generally. To realize sustainable development, the sustainable indexes usually consisting of these three areas in that harmony of environment, economy and society are required. In this research, sustainable environmental indicators to understand the characteristics and to compare likes theme of environmental conditions in international and national level indicators, regional environmental management plan to promote the management by objectives are to provide the basic data. It is desirable for the environmental policies to work harmoniously with direct control, use of economic means and voluntary methods. Regarding the evaluation of environmental index, the action results of civilian's or individual's activities are needed to be reflected into the evaluation.

유튜브 시사정치채널 이용자의 뉴스 관점에 관한 탐색적 연구 (An Exploratory Study on News Perception of YouTube Current Affairs and Political Channel Users)

  • 유용민
    • 한국콘텐츠학회논문지
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    • 제21권4호
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    • pp.628-644
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    • 2021
  • 이 연구는 유튜브 시사정치채널 이용자들의 뉴스 인식에 영향을 미치는 변인들을 탐색하는데 주된 목적이 있다. 기존 연구들은 언론과 유사한 역할을 수행하는 유튜브 채널들의 여론 영향력을 정치적 양극화, 가짜뉴스, 확증 편향 등의 측면에서 살펴보고 규범적 비판을 제공하는 데 치중되어 있다. 이 연구는 그러나 유튜브 등장과 더불어 이용자 뉴스 인식에 나타난 변화와 의미를 살펴보고자 했다. 이를 위해 유튜브 시사정치채널 이용 경험이 있는 이용자 대상 온라인 서베이를 시행했다. 연구 결과 유튜브 시사정치채널 이용자들의 뉴스 관점은 전문직 저널리즘 관점에서의 뉴스 인식과 더불어 디지털 환경에서 새롭게 추가된 뉴스 인식이 혼재되어 있는 것으로 나타났다. 이 결과를 토대로 연구자는 플랫폼 환경에 대한 전문직주의 언론의 대응 방향에 관한 함의를 검토해 보았다.

해양경찰의 과제와 발전 (Issues and Vision of Korea Maritime Police)

  • Sang-Jib Lee
    • 해양환경안전학회지
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    • 제6권2호
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    • pp.57-66
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    • 2000
  • The argument about enlarging or limiting the function of the Korea Maritime Police. Agency (KMPA) has been and will be repeated. In this paper, the author highlights the internal and external issues facing KMPA, stemming partly from deficiencies of its struggles for advancement of the organization and partly from shortcomings of political support far it. And he urges KMPA to change the organizational culture for maintaining its identity and characteristics as a lead maritime agency by practising a scientific management system for maximizing cost-effectiveness of its administrative resources. In addition, he also suggests that KMPA adopt the Total Quality Management System for quality improvements in services and greater efficiency in its organizational structure to meet the future competition in the changing political and legal environment. he concludes by providing a 6-point vision statement for KMPA from the standpoint of favoring enlarging the function of KMPA.

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외국인직접투자 유치확대 방안에 관한 연구 (A Study on Invitation and Extension of Foreign Direct Investment in Korea)

  • 오수균
    • 통상정보연구
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    • 제7권4호
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    • pp.367-386
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    • 2005
  • The purpose of this is to analyze environment of foreign direct investment and Act in Korea and to find invitation and extension of foreign direct investment into Korea. Investment incentives, simplification of investment procedures, image improvement, increased public relations and investment support services are all factors which can be enhanced in the short term to positively influence investors decision-making in where to invest. Since the enactment of the Foreign Investment Promotion Act in November of 1998, there has been a signification improvement in Korea's investment environment in terms of policies and systems. It is expected that the foreign direct investment environment in Korea will continue to improve through the improvement in political stability, labor-management relations and easing of political tensions between the North and South, in the long term, as well as through improvements in investment incentives, investment procedures and public relations activities, in the short term.

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환경체계설정을 통한 농촌환경계획의 방향정립에 관한 연구 (The Directions of Rural Environmental Planning Based on Establishing Environment Contexts.)

  • 이경진
    • 농촌계획
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    • 제2권1호
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    • pp.91-99
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    • 1996
  • This study was accomplished to present a new paradigm of rural environmental planning for the purpose of changing a rural planner's acknowledgments. This study was composed of a follows, To search the structures and orders in rural environment on the point of four environmental contexts. First, environment contexts with spaces, society, and time. Second, environment contexts with spaces unit in human settlement. Third, environment contexts with correlation of physical environment, institutional environment, and social environment. Fourth, environment contexts with ecotope( physiotope + biotope) and landscape ecology. To analyze and criticize a present political situation of rural planning in Korea. To apply a paradigm of environmental planning for rural planning.

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방송통신 융합 시대의 정치경제학: 비판적 계승을 위한 시론적 탐색 (Political Economy in the Age of Broadcast and Telecommunications Convergence: An Introductory Inquiry for Critical Succession)

  • 이남표;김재영
    • 한국언론정보학보
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    • 제33권
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    • pp.193-225
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    • 2006
  • 이 연구의 목적은 방송통신 융합 환경을 설명하는 하나의 인식론이자 접근 방법으로서 정치경제학의 가치를 재고찰하는 것이다. 이를 위해 기존 정치경제학 연구의 특징과 맹점을 밝히고 변화하고 있는 미디어 환경의 특징적 현상을 도출함으로써 정치경제학이 본격적으로 다루어야 할 영역이 무엇인가를 제안하고자 한다. 이를 위해서 정치경제학의 역사적 총체성이란 거시적 문제 틀을 방송통신 융합 시대에 새롭게 조명할 필요가 있다는 점을 지적했으며, 그에 입각해서 정치경제학의 원리와 연구경향을 살펴보았다. 그리고 미디어 자본의 소유구조에 대한 비판만으로 정치경제학의 범위를 한정시켰던 '경제주의 적' 경향을 극복하기 위해서 수용자 이론의 적극적 재개념화가 필요하다는 점을 강조했다. 아울러 재개념화의 이론적 출발점으로 신자유주의적 시장론의 문제점, 능동적 수용자론의 왜곡, 수용자 상품론의 한계와 창조적 긴장을 논의했다. 마지막으로 이 연구는 미디어 정치학의 현장 속으로 들어가기 위한 수용자 중심의 정책 이념의 확보 방안을 제안했다.

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