• The Journal of Information Technology
• /
• v.8 no.1
• /
• pp.63-81
• /
• 2005

The purpose of this study is primarily to analyse empirically the productivity effects of worker participation in capital by Korean employee stock ownership plan that had taken newly effect on and after January 1,2002, and secondarily to examine the impact of unionization on productivity. The analysis data are those of 150 firms that listed or registered on the stock market, and introduced ESOP. The result of this study can be summarized as follows. First, the worker participation in capitia have significantly a positive effect on productivity, but the magnitude of those effects vary according to estimation models and sectors. The elasticity of stock share owned by employees on productivity is from 0.03 to 0.24. Second, there is no unitary relationship between unionization and productivity. The coefficients of union dummy variable are positive or negative according to models and sectors as well as insignificant.

• Journal of Labour Economics
• /
• v.21 no.2
• /
• pp.47-69
• /
• 1998

• Journal of East Asia Management
• /
• v.3 no.1
• /
• pp.25-40
• /
• 2022

This study investigates the effect of labor union and its power on information opacity. Given that the information opacity ultimately leads to the stock price crash, this study examines the relationship between labor unions and future stock price crash risk. Further, by assuming a strike by labor union as the actual power of the unionization in firms, whether labor union's power subrogated by the activity (i.e., a strike) makes a significant difference in the likelihood of future stock price crash between unionized firms is also examined. The work place survey data provided by Korea Labor Institute is used to test the hypotheses. The data is for the periods of 2004 - 2012 on firms listed on Korea Stock Exchange and KOSDAQ. The results show that while labor unionization has a positive impact on future stock price crash risk, on which labor union's power has a negative impact. This means that the existence of labor union itself might facilitate firm's information to be opaque by tolerating manager opportunism, while its power mitigates the managerial opportunism, which leads to lower future stock price crash risk. This study adds to the literature on the role of labor unions as nonfinancial stakeholders and its power in accounting environment, and also on the determinants of stock price crash. It is also valuable to examine the unions' role in terms of the economic consequences of both presence and power of the labor unions.

• Proceedings of the Korea Concrete Institute Conference
• /
• 2006.11a
• /
• pp.557-560
• /
• 2006

Worldwide, Certification systems for standard of material and quality of product exist very variously. Korean industrial Standard (KS) is most representatively certification systems in Korea. But laboratory of korea uses often ASTM, RILEM and JIS and these standards do not get into unionization. so, Granted that experiment is same, result still can different. Therefore, this research measured chloride amount of hardened concrete using identical material and wished to improve accuracy of chloride estimation as that comparison evaluate to each examination.

• Journal of Korea Trade
• /
• v.23 no.4
• /
• pp.115-130
• /
• 2019

Purpose - This paper examines the impact of labor market regulations on FDI and the production of foreign firms. Design/methodology - We use an index of employment protection along with data on the FDI and production of foreign affiliates that are provided by the OECD. Findings - The empirical results show that strict employment protection discourages both the production and initial entry of foreign firms, with its impact on production being larger than that on the initial entry decision. The result is robust to various specifications in which instrumental variable estimations are used by applying a unionization rate and a severance pay for redundancy dismissal as instruments, respectively. Therefore, policymakers should not limit their focus to tax incentives, cash grants, and relaxation of market regulations, but they should also extend their attention to labor market deregulation and decreasing non-wage cost to attract more foreign firms into their countries. Originality/value - This paper attempts to answer the question on the impact of employment protection rules on the foreign firm's decisions regarding production as well as initial entry.

• Journal of Families and Better Life
• /
• v.5 no.2
• /
• pp.11-27
• /
• 1987

This study examined job satisfaction levels between employed single women and employed married women. The specific objectives of this study were; (1) to investigate differences in the level of job satisfaction between employed single women and employed married women; (2)to investigate the factors which influence the level of job satisfaction; (3)to investigate the relationship between job satisfaction and life satisfaction. the data used in this study included 441 working women from 290 (65.8 %) single women and 151 (34.2%) married women. Statistical analyses were conducted using frequencies, percentiles, mean , t-test , ANOVA, pearson's correlation and a stepwise multiple regression. The major findings were ; (1) at the P<.005 level, there was a significant difference in the job Satisfaction Index (JSI) between employed single and married women by using the t-test ; (2) Occupation, type of organization , job experiences, travel time from home to work. unionization, age, and health status were significantly related to the JSI by using the one-way ANOVA; (3) Thee was an interaction effect between income and marital status on the JSI, and between education and marital status on the JSI; (4) Using a stepwise multiple regression method, the order of variables as they were entered in the model were different between employed single and married women; (5) There was a positive relationship between the JSI and Life Satisfaction Index(r=.41)

• Journal of Labour Economics
• /
• v.24 no.3
• /
• pp.39-62
• /
• 2001

The purpose of this paper is to investigate determinants of firms' workforce reduction ratio in Korea, utilizing a dataset surveyed by Korea Labor Institute in 1999. We hypothesize that firms' employment structure has an effect on their workforce reduction ratio. Our findings indicate that the ratio of the layoffs and/or the buyouts is higher, as the average tenure of employees is longer. The findings also indicate that the unionization as a proxy variable for the intensity of the seniority-based pay moderates positively the effect of employees' tenure on the workforce reduction ratio, implying that the more seniority-based the pay system is, the higher positive effect the average tenure of employees has on the workforce reduction ratio.

• Proceedings of the Korea Contents Association Conference
• /
• 2009.05a
• /
• pp.998-1003
• /
• 2009

The world that we live is changing by postmodernism in modernism and by woman's sensitivity in man's different nature to when diversify sensitivity enemy in unionization uniformity enemy present. Jewelry design field need to set in current of naturalness society and fashion and change at these visual point. Sensitivity design and art marketing observed in market change, and ladylike sensitivity through this and individual's character in these two fields the biggest main axis confirm to grasp the flow of present social biggest market change. Wish to chose masterpieces of 2 theme that this investigator can express my sensitivity and character as also is choice, and study new sensitivity Jewelry design because grafting together this with Jewelry design.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
• /
• v.16 no.4
• /
• pp.55-63
• /
• 2002

Meet in the internationalization period recently and van every county is progressing unionization work of every county standard with the Europe, the United States of America. If our county does not correspond actively by age, economical disadvantage is expected. Tested PC, PC monitor, printer and harmonic for device for company business of FAX 4 kinds and flicker occurrence disgrace to achieve and analyze electricity quality test for office appliances by link of confrontation in such current in treatise that see therefore. As result that test printer and PC monitor ware stable but Desktop PC and FAX are presented in valid EN standard to January, 2004 that more than limit higher harmonics and flicker phenomenon appeared, and presented countermove in reply.

• Journal of Labour Economics
• /
• v.37 no.3
• /
• pp.45-73
• /
• 2014

This study analyzes the effect of labor unions in Korean manufacturing industry on wage variance of men from 1988 to 2012. The results are as follows. Firstly, the wage variance within establishments is higher than that between establishments, and the wage variance between establishments in the non-union sector has increased significantly compared to that in the union sector since 2000. There is strong evidence that the latter is due to the solidarity wage policy of unions which has strengthened since the early 2000s. Secondly, the influence of labor unions on the wage structure within the union sector has gotten stronger recently despite the general drop in the labor union membership. Thirdly, since the mid-1990s labor unions have contributed to reducing the overall wage variance. It implies that decline in the unionization rate over the years in Korea is likely to have contributed to increasing wage inequality.