• Title, Summary, Keyword: multinational corporation

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A Study on the Value Expression of the Multinational Corporation Advertisements advanced into Korea - especially on newspaper advertisements - (국내 진출 다국적기업 광고물의 가치표현연구 - 신문광고를 중심으로 -)

  • 정창준
    • Archives of design research
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    • v.16 no.1
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    • pp.103-116
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    • 2003
  • As the globalization become the main stream in our world, there is no exception also on the cultural section. And we are En the midst of this rapid transition. In the case of advertising market, we opened to those agencies in abroad in the early year of 1990 and now completely opened. On this thesis, the multinational corporation advertising was studied and researched by empirical case study. The main topic is the value expression in the advertising creativity viewed on the cultural level. The multinational corporations that have an eminent, powerful brands produces much of goods wend widely with their powerful brands and extend their marketing activities to abroad. For example, those non-alcoholic beverages, pharmaceutical products, cosmetics, electronic appliances, vehicles, sports shoes, clothes are their main exports, and they broaden the product category, market size to the global market. They also use an expert marketing skill accumulated for a long time. The advertising activities is one of the useful method to extend their global market abroad enhacing continuously brand value. And much of the multinational corporation's advertising are suspected of negative effects that advertisements works on a tool which curies so called uniformed ideology - various ruling ideology - with commercial messages. These advertising affect an developing country's moral value, life style, social value, and others. And they weaken those developing country's unique tradition, culture by putting their own ideology. Those who have a critical position on the advertising activities have been careful in judging it's effects. The result of this study which of the value system is expressed in the multinational corporation's advertisements are; First, the self - esteem value is classified by western value, and it was founded out much more in the domestic corporation's advertisements then multinational ones. Second, the security value system is classified by western value system, and it's outcome was much the same as former one. Consequently, the multinational corporation's advertisements have less of an western value expression relative to korean advertisements. Those outcomes may infer that the multinational corporations prefer to an compromise creative strategy in korea for avoiding cultural conflicts.

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The Effects of Corporate Social Responsibility on Corporate Activity: Comparing Domestic and Multinational Corporations in Korea

  • Jung, Young-Su;Kang, Shin-Ae
    • Journal of Distribution Science
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    • v.14 no.12
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    • pp.31-41
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    • 2016
  • Purpose - This study investigates whether corporate social responsibility(hereafter CSR) management activities affect companies' performance. Depending on the CSR management activities and companies' type (national and multinational), we examined whether there is any difference in their CSR activities on Corporate Performance. Research design, data, and methodology - Data were collected from 230 surveys with a sample group consisting of employees in multinational corporations located in Seoul and Gyeonggi and 224 copies were used from 3 May 2016 to 17 May 2016. The data was analyzed by SPSS 21.0. Results - The empirical results show that CSR management activities positively influence on financial and non-financial corporate achievement and CSR may be interpreted as a strategic method to improve corporate value. But the impacts of CSR activities on performance were different between domestic and multinational corporations. The reason that the legal responsibility was overruled as a factor for financial and non-financial achievement in domestic company may be that CSR management activity is perceived as an indulgence to hide or beautify negative behavior regarding corporate illegal behavior, thus it does not deliver value. Conclusions - CSR activities can be delivered differently between domestic and multinational corporations, and further study should be done why there are differences between corporations.

An Exploratory Study on Common Information System Implementation Efficiency Among Overseas Subsidiaries of a Multinational Corporation (다국적 기업의 해외 자회사간 공용 정보시스템 구현 효율성에 관한 탐색적 연구)

  • Kim, Do-Yeong;Kim, Young-Gul;Lee, Gil-Hyung
    • Asia pacific journal of information systems
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    • v.9 no.2
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    • pp.117-132
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    • 1999
  • Common system deployment is one of the global information systems strategies of a multinational corporation for large-scale development that can provide economies of scale and optimal use of scarce technical expertise. But while the same (headquarter) team implements the same system, the resulting efficiencies of those projects differ widely among the subsidiaries. This paper focuses on the differences between the efficiencies of these implementation projects. Eight prepropositions about the factors causing the differences have been developed from the previous research. These prepropositions are explored through a case study on the twelve overseas subsidiaries of a multinational electronic corporation headquartered in Korea. We found that three factors(autonomy of subsidiary, complexity of task, experience level of users) have strong relevant relationships and two factors(level of subsidiary country, level of process formality) have partial relevant relationships with the implementation outcome.

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Application Status and Its Affecting Factors of Double Standard for Multinational Corporations in Korea (산업안전보건 영역에서 다국적 기업의 이중 기준 적용실태와 영향요인)

  • Ki, Myung;Lee, June-Young;Park, Hee-Chan;Yoon, Seok-Joon;Kim, Nam-Hoon;Heo, Jung-Yeon;Choi, Jae-Wook
    • Journal of Preventive Medicine and Public Health
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    • v.37 no.1
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    • pp.17-25
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    • 2004
  • Objectives : We intended to evaluate the double standard status and to identify factors of determining double standard criteria in multinational corporations of Korea, and specifically those in the occupational health and safety area. Methods : A postal questionnaire had been sent, between August 2002 and September 2002, to multinational corporations in Korea. A double standard company was defined as those who answered in more than one item as adopting a different standard among the five items regarding double standard identification. By comparing double standard companies with equivalent standard companies, determinants for double standards were then identified using logistic regression analysis. Results : Of multinational corporations, 45.1% had adopted a double standard. Based on the question naire's scale level, the factor of 'characteristic and size of multinational corporation' was found to have the most potent impact on increasing double standard risk. On the variable level, factors of 'number of affiliated companies' and 'existence of an auditing system with the parent company' showed a strong negative impact on double standard risk. Conclusion : Our study suggests that a distinctive approach is needed to manage the occupational safety and health for multinational corporations. This approach should be focused on the specific level of a corporation, not on a country level.

The Globalization and Corporate Culture of Nestle and Samsung Electronics in Vietnam (다국적기업의 현지화를 위한 경영문화 연구 - 베트남 진출 네슬레와 삼성전자의 사례 비교 -)

  • Lee, Sing-Young;Kim, Hyoun-Chul
    • International Commerce and Information Review
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    • v.9 no.4
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    • pp.375-393
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    • 2007
  • The purpose of this study is to define the different stage of global management cultures for localization from the case study of two respective multinational corporations, Nestle and Samsung Electronics invested in Vietnam, and then to find out on how Korean multinational corporations can reduce the gap of global management culture compared to global multinational corporations. In fact, Samsung has been pretty much being on a right track from the global marketing management perspective, however still stand at the beginning stage in terms of leading the global corporate culture. In comparison to Nestle with over 130 years of worldwide business experience, Samsung Electronics having only a decade global experience as a Korean multinational corporation has been found to have an obvious gap in terms of globalization which is mainly caused by global corporate culture. Even though it doesn’t seem realistic for Korean multinational corporations to immediately catch up the gap of global corporate culture against global multinational corporations with long years of global experiences and history, Korean multinational corporations need to track the foot print of every steps of globalization particularly focused on the local management culture of global multinational corporations, so that they will be able to shorten the timing to develop the true meaning of global corporate culture being evolved from the Korean management style.

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An Empirical Analysis on the Determinants of Foreign Subsidiary's Local Embeddedness: Focusing on Korean MNCs in China

  • KIM, Byoung-Goo;KIM, Gyu-Bae
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.1
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    • pp.205-215
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    • 2020
  • The purpose of this paper is to empirically analyze the determinants of foreign subsidiary's local embeddedness because it is critically important for the subsidiary to build a variegated local network. This paper suggests that a MNC's global capability, the degree of autonomy granted by the headquarters of the multinational corporation to its foreign subsidiary, the foreign subsidiary's absorptive capacity based on local environment, and its level of localization will affect the subsidiary's local network embeddedness. The empirical analysis confirmed that when the headquarters gives the foreign subsidiary more autonomy, this has a positive effect on the local embeddedness of the foreign subsidiary and when the foreign subsidiary has a strong absorptive capacity, this has a positive correlation with the local embeddedness of the foreign subsidiary. And this paper found that when the foreign subsidiary has achieved a high level of staff localization, this foreign subsidiary will have a higher level of local embeddedness. This study identified the preceding conditions necessary for a foreign subsidiary of a multinational corporation to effectively embed itself in the local network by analyzing factors related to the multinational corporation's headquarters and subsidiaries, and thus contributes significantly to continued research on the local embeddedness of subsidiaries.

A Study on Competing with Giant Multinational Company : Survival Strategies for Local Companies in Emerging Markets (거대 다국적기업에 맞선 신흥시장의 자국기업 생존에 관한 전략적 연구)

  • Moon-Sook Kim;Eun-Jung Choi
    • The Research Journal of the Costume Culture
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    • v.8 no.1
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    • pp.77-86
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    • 2000
  • The purpose of this study is to identify the nature and trend of multinational corporations and to examine strategies for survival of local companies in newly-rising markets which stand against huge multinational corporations, through case study. This research has been done by the literature review of the articles, books and the case study. The results were as follow : First, if the pressure for the globalization of a industry is low and the possibility of overseas transfer of the competitive property of corporations are bare, the intensive strategy for the protection of a national market can be used against the invasion of a multinational corporations. Second, if the pressure for the globalization is still low and the retaining property can be transferred to abroad, a company can be expended to several foreign markets in the limited scope, using the success in a national market as a stepping-stone. Third, In case the pressure for the globalization is high and the competitive property of corporations are effective only in a national market, corporations can survive individually and continuously through the reorganization of corporation's property, which is the survival strategy against multinational corporations. Forth, if the pressure for the globalization is high and the property of corporations can be transferred to abroad, it is possible for corporations to compete with the multinational corporations confidently.

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Societal Implications of Biotechnology and GMOs in Agriculture (생명공학과 GMOs의 농업에 대한 사회적 함의)

  • Lim, Hyung-Baek
    • Journal of Agricultural Extension & Community Development
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    • v.11 no.1
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    • pp.175-189
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    • 2004
  • There are many assertions related to biotechnology and genetically modified organisms(GMOs). Some experts have asserted that GM foods could be dangerous and that there is no reliable evidence that have been demonstrated safe through appropriate tests, and the others asserted these foods are as safe and nutritions as their conventional counterparts. The objectives of this study was to study an societal implications of biotechnology and GMOs in agriculture. To keep the balance in mind the researcher examined not only usefulness but also harmfulness of GMOs, along with the developmental process of biotechnology industry. It was observed that basically, multinational corporations developed GMOs to maximize their profit, and strengthened their control on agriculture and food through GMOs, as observed in alliance among big multinational corporations' food chain cluster and systems. Under the situation, farmers were losing their status as independent producer and were becoming propertied labor for multinational corporation through contract farming. If these trends continuous in the future, multinational corporations will have the control of genetic resources, these may bring about reduction of bio-diversity, thus may lead the opposite direction to eco-friendly agriculture. If multinational corporations' tendency to suppress the latent harmfulness for the profit continuous further, this may lead the degradation phase of farming and agriculture, thus leading negative socio-economic effects as well as culture and religion.

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The Choice between Shared vs. Full Ownership : The Case of Korean Multinational Corporations (한국 다국적기업의 해외진출에 대한 지분선택 : 현지합작 대비 단독투자)

  • Park, Young-Kyu;Park, Young-Ryeol
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.24
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    • pp.107-125
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    • 2004
  • This study is based on the survey data of 74 Korean multinational corporations, which undertook foreign direct investments from 1980 to 1996. The study examined the firm-specific as well as the host country-specific factors affecting the decision between shared and full ownership. According to the results of this study, as for the firm-specific factors, Korean firms entering foreign markets in order to penetrate local markets prefer shared ownership while those pursuing core business diversification prefer full ownership. As for the host country factors, the more advanced the host country(such as OECD countries) is, the more preference is given to full ownership.

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MNCs R&D Subsidiary Strategy : Focusing on Technology Firm Patent Performance (다국적기업의 R&D 자회사 전략 : 기술기업 연구개발 특허성과를 중심으로)

  • Kim, Ji Yeon
    • Journal of Information Technology Applications and Management
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    • v.24 no.4
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    • pp.13-24
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    • 2017
  • This study aims to analyze which subsidiary configuration strategy is more effective under uncertainty especially technology base multinational corporations (henceforth MNCs). In previous studies real option theory scholars argue that high breadth subsidiary configuration is most effective strategy because that provides flexibility to MNCs global network. In this study I want unveil more various types of uncertainty such as technology and learning uncertainty which are more important for technology base firm and further more examine the effect of MNCs subsidiary configuration on firm R&D performance each uncertainty case. Empirical study is performed by negative binominal model based on Japanese 108 multinational corporations. The result shows that under technology uncertainty, high breadth subsidiary configuration is better for firm R&D performance but under learning uncertainty high depth subsidiary configuration is better. Thus, the effects of MNCs subsidiary configuration on firm value can differ by types of uncertainty.