• The Journal of the Korea Contents Association
• /
• v.19 no.5
• /
• pp.287-295
• /
• 2019

This study was conducted to analyze firm survival rate and impact factors of survival of Foreign-invested Companies in Korea which is between 2006 and 2017. An empirical analysis of the survival factors of firms used explanatory variables such as characteristics of the and 3 firm dummy and 2 firm factors, financial variables of 3 profitability and 3 stability factors. The Kaplan-Meier method was chosen to perform analyses on the survival rates, Cox Proportional Hazard Model took to conduct on the impact factors. As a result of the impact factors of Foreign-invested Companies survival, Ownership (OS), Labour (NE ) of characteristics of the firm had positive effects. The Gross Sales Profit (GSP), Net Profit (NP ) and Operating Profit (OP ) of the financial characteristics had a positive effect. Additional Asset (LA ) had positive effects and Capital (LC), Debt (LB ) had a negative effect. Other factors did not produce significant results.

• Korea Trade Review
• /
• v.44 no.3
• /
• pp.123-136
• /
• 2019

This study investigates the facilitating factors of FDI (foreign direct investment) inflows in 15 developing countries of three continents (Asia, Latin America, and Africa) using fixed-effect panel regression analysis with 30-year macro socio-economic data. The facilitating factors of FDI inflows in each continent differed. In Asia, labor compensation, GDP, consumer expenditure, human capital, and export facilitated FDI inflows in decreasing order, as did export, total factor productivity, GDP, and human capital in Latin America, and investment expenditure, human capital, government expenditure, and export in Africa. Most importantly, the character of cost saving efficiency-seeking investment was very strong in Asia. Also, third-party export-oriented investment and economic growth-oriented investment were shown in Latin America and Africa, respectively.

• Journal of the East Asian Society of Dietary Life
• /
• v.19 no.5
• /
• pp.803-811
• /
• 2009

Brand equity has been treated conspicuously since the late 1980s. The purpose of this study was to develop a model brand equity model by examining the structural relationship among dimensions (brand loyalty, perceived quality, brand association/image, brand awareness) of brand equity, to compare differences between local brands and multinational brands. For this study, a total of 540 survey questionnaires were analyzed the results. All results were conducted using the frequency, factor analysis, regression and t-test procedure of the SPSS 12.0 package. The t-test revealed that consumers expose that recognize foreign brand constituents as better than domestic brand constituents. The determinant factors of brand equity were summarized as brand loyalty, perceived quality, brand association/ image, and brand awareness. Among these, four factors had a significant affected on the level of brand equity. Specifically, there was a difference between domestic brand and foreign brands. Among domestic brands the level of brand equity was significantly affected by brand loyalty, brand association/image, and brand awareness. However foreign brands were significantly affected by brand loyalty and perceived quality.

• Journal of People, Plants, and Environment
• /
• v.22 no.5
• /
• pp.505-513
• /
• 2019

As the number of foreign workers increases in Korea, people's interest in their adaptation to this society has also increased. The purpose of this study was to investigate the effect of a forest-healing program on foreign workers' cultural adaptation stress and psychological wellbeing. The experiment was conducted in a recreation forest located in Hongcheon-gun, Gangwon-do. The subjects who participated in this study included 40 foreign workers (16 males, 24 females). The experiment was conducted for three days and two nights from June 26 to 28, 2019. The forest healing program was composed of activities that can enhance immunity and restore physical and mental health by utilizing various healing environmental factors such as landscapes, sunlight, anion and oxygen in forest. The independent sample t-test was conducted to examine changes in cultural adaptation stress and psychological well-being before and after the program. The collected data were analyzed using SPSS 18.0 program. As a result, cultural adaptation stress was statistically significantly reduced in sub-factors including discrimination experience, language conflict and legal status. Psychological wellbeing improved in all the surveyed sub-factors such as self-confidence, ego, immersion, and joy. The results of this study are expected to be used as basic data for reducing the stress foreign workers experience from cultural adaptation and restoring their psychological wellbeing in the future.

• Journal of the Korean Society for Library and Information Science
• /
• v.42 no.4
• /
• pp.375-390
• /
• 2008

The purpose of this case study is to analyze the economics of journals of Science and Technology using the cost per use(CPU) approach. To achieve this purpose, we selected 1,745 foreign academic journals randomly among the holdings at K institute in Korea, and analyzed the relationships between the CPU and 5 factors of journal, i.e., Impact Factors (IF), Overlap numbers of holding with other institutes, Language, Cost, and Frequency of use. It is found that all factors, except IF, are significantly influence to the CPU of foreign journals, and further detailed analysis is provided in term of the group differences within each factors.

• Journal of the Korean Society of Safety
• /
• v.20 no.1 s.69
• /
• pp.107-112
• /
• 2005

The purpose of this study is to propose and introduce Accidents Prevention Remedies(APRs) and their priorities especially for Accident Causing factors(ACFs) drawn by surveying and analyzing how much foreign workers in Korea have been exposed to dangers at a construction site. At frist as a result of the analysis of the questionnaire which 59 foreign industrial trainees working at the construction sites in Seoul-Kyunggi area had responsed, 12 ACFs and 11 APRs were put out by using the SPSS programme. Then, through the Analytic Hierarchy Process(AHP) about the questionnaire from 96 safety and civil engineers who have experienced in managing foreign labor at the construction sites all over the country, the APRs given their priorities of relative importances are as follows; First, it is absolutely necessary that every working order to foreign workers should be made more definitely in accordance with a concrete process schedule. Second, the owners should increase investments in improving foreign workers' welfare in order to minimize their potential human error. Third, Korean language education programme for simple technical terms should be made and executed at least.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.3
• /
• pp.1217-1230
• /
• 2021

Using a multinomial logit model with the panel-data set of Vietnam manufacturing firms, this paper investigates the impacts of foreign direct investment (FDI) - small and medium enterprises (SMEs) linkages and other factors on SMEs' participation in the global value chain (GVC). We consider GVC firms are those engaging in any of the three modes including (i) using domestic inputs to export (D2E), (ii) using imported inputs to produce for the domestic market (I2P), (iii) using imported inputs to export (I2E). We discover that FDI-SME linkages statistically encourage Vietnamese SMEs to integrate into the GVC via I2P and I2E, while no statistical association between FDI-SME linkage and D2E participation is found. GVCs participation likelihood is also positively correlated with the introduction of new product introduction. The establishment of firms' production facilities in industrial zones and foreign ownership are both reported to be significantly decisive factors to SMEs' decisions on GVC participation. Besides, there is a strong association between firms' attributes, i.e. employment, capital intensity as well as financial access, and their participation in the GVC. Local governance quality (proxied by the Provincial Competitiveness Index) and the share of skilled labor at the province-level can facilitate firms' integration into GVCs, while greater market concentration may be a hurdle to such potential.

• International Journal of Advanced Culture Technology
• /
• v.12 no.2
• /
• pp.281-285
• /
• 2024

Within five years of Kim Jong-un's rise to power, North Korea conducted four nuclear tests and launched the Hwasong-15, an intercontinental ballistic missile (ICBM), in 2017, declaring the completion of its nuclear forces. During the period when Kim Jong-un completed nuclear forces to maintain the regime, foreign policy factors of the United States, China, Russia, and South Korea drove North Korea's accelerated nuclear development. The main motivating factors were the hostile policies and external threats as security factors. The completion of nuclear forces is also the result of the interplay of domestic political factors, normative factors, and hereditary factors. North Korea has been developing nuclear weapons and missiles for the survival of its regime. To achieve lasting peace on the Korean Peninsula, a new modus vivendi must be sought. It is necessary to set the ultimate goal of North Korea's complete denuclearization and engage in strategic thinking for a realistic and effective phased approach.

• Journal of Korea Trade
• /
• v.26 no.4
• /
• pp.83-97
• /
• 2022

Purpose - In this paper, we, taking South Korea's foreign direct investment in RCEP partners as an example, will examine its investment efficiency in these countries and analyze the main influencing factors, making suggestions for further liberalizing and facilitating its investment in and even for promoting its trade and economic cooperation with them. Design/methodology - In this study, we look at the panel data of South Korea and the other 13 RCEP countries (Brunei excluded) from 2000 to 2019 and apply the stochastic frontier analysis to measure its foreign direct investment efficiency and explore the influencing factors in RCEP countries. We examine the investment potential of South Korea in these places. Findings - We find that South Korea's average investment efficiency in RCEP countries reached 0.62, indicating large investment potential. We also find that its investment efficiency in RCEP partners was heterogeneous. Our study reveals that South Korea's foreign direct investment is significantly positively correlated with the market size and population of the two countries, as well as with whether the host country has a coastline and rich natural resources, while negatively with geographic distance. It shows that free trade agreements, economic freedom, and regulatory quality play significant roles in improving investment efficiency. Originality/value - Through theoretical and empirical analysis, we deal with the efficiency and influencing factors of South Korea's direct investment in RCEP partners, proposing new drivers for facilitating its trade and investment in these countries and comprehensively evaluating the efficiency and revealing the trend of its FDI in these countries. In this paper, we put forward a solid theoretical basis for empirical analysis of the future economic and trade development between South Korea and its RCEP partners and give objective insights for further improving its foreign direct investment efficiency and tapping its investment potential.

• Korea Trade Review
• /
• v.46 no.2
• /
• pp.19-38
• /
• 2021

This study aims to analyze the foreign asset leverage effect on Korean oil & gas companies' foreign profits and to maintain the appropriate foreign asset volume for reducing exchange risk. For a long time, large Korean companies, including oil companies, overheld foreign currency liabilities. For this reason, most large companies have been burdened to hedge exchange risk and this excess limit holding deteriorated total profit and reduced foreign currency asset management efficiency. Our paper proceeds in presenting a three-stage analysis considering diversified exchange risk factors through estimation on transformation of foreign transactions a/c including annual trends of foreign asset and industry specifics. We also supplement incomplete the estimation method through a practical hedging case investigation. Our research parts are differentiated on the analyzing four periods considering period-specifics The FER value of the oil firms ranged from -0.3 to +2.3 over the entire period. The results of the FER Value are volatile and irregular; those results do not represent the industry standard comparative index. The Korean oil firms are over the credit limit without accurate prediction and finance high interest rate funds from foreign-owned banks on the basis on a biased relationship. Since the IMF crisis, liabilities of global firms have decreased. Above all, oil firms need to finance a minimum limit without opportunity losses on the demand forecast and prepare for uncertainty in the market. To reduce exchange risk from the over-the-limit position, we must consider factors that affect the corporate exchange risk on the entire business process, including the contract phase.