• Title/Summary/Keyword: political relationship

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The Relationship Between R&D Investment and Financial Performance: The Moderating of Political Ties (기업의 연구개발투자와 재무적 성과 간의 관계에서 정치적 연계의 조절효과)

  • Park, Junho;Lee, Jangwoo
    • Journal of Technology Innovation
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    • v.29 no.2
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    • pp.31-57
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    • 2021
  • So far, several researchers have studied the relationship between research and development investment and firm performance; however, most have focused on linear relationships. Thus, previous studies remain fragmented and show mixed results. This study examined the moderating effect of political ties in the relationship between R&D investment and firm performance. We tested the hypotheses based on extensive 20-year data on enterprises, from 1998 through 2017, as the research period. The study is expected to contribute to explaining the mixed results of the research between research and development investment and firm performance.

The Impact of CSR Strategy of Affiliated Firm on Performance in the Emerging Markets: Resource-Based and Institutional Approaches

  • Cho, Youngsam
    • Journal of East Asia Management
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    • v.3 no.2
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    • pp.1-19
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    • 2022
  • This study suggests an integrated theoretical framework for the relationship between political risk and multinational corporation (MNC) subsidiary's performance in the emerging market. The political risk would have a negative impact on MNC subsidiary's performance in the emerging countries that are developing in Asia, the Commonwealth of Independent States, Africa, and South America. The major reason is that political risks could generate a loss of benefit or a loss of control for MNC's subsidiary. In this study, I suggest that corporate social responsibility (CSR) strategy would be a solution to overcome various political risks. Specifically, the affiliated firms with diversified industries or greater financial resources could mitigate the negative impact of political risk than unaffiliated firms. Because they can use their tangible or nontangible asset such as information, technology, and construction in order to gain legitimacy and trust from local government, local community, and local firms in the emerging market. Finally, I claimed the costs of the affiliated firms would exceed the benefits at the initial stages, while the benefits of affiliated firms would exceed the costs over time when political risks become higher. The reason is that the trust gained from local stakeholders accumulates over time and the impact of CSR strategy would become an important solution to overcome the risks in and unstable context.

A Study of The Effects of Internal Political Economy on Relational Performance: focused on Mediating Effects of the Dimensions of Trust and Commitment (내부정치경제요인이 관계성과에 미치는 영향에 관한 연구 - 신뢰 차원과 결속 차원의 매개효과를 중심으로 -)

  • Seong, Min;O, Se-Jo
    • Proceedings of the Korean DIstribution Association Conference
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    • 2006.02a
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    • pp.43-78
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    • 2006
  • While trust and commitment, essential ingredients of the relationship quality variables, are core mediating variables for the purpose of maintaining the long-term relationship, in the context of the internal political economy of company and the relational performance of its members, there have been limited studies which explore as to how each of the dimensions have affect differently. The basic purpose of this study is to examine the relationship between an automobile manufacturer and its agencies. The main purpose of this study is to examine how each different dimension of trust and commitment on the automobile manufacturer have different mediating effects in the context of internal political economy variables and relational performance perceived by its agents. Another purpose is to investigate the mechanism by which the relational performance of the agencies is improved. An empirical study surveying 115 sales office managers at a leading automobile manufacturer in Korea was conducted. An analysis of the collected data indicates that while internal political economy variables have a positive influence on the agencies' relational performance through the mediating role of trust and commitment, agencies' benevolence on its headquarter has a different influence on the dimensions of commitment. Currently, an automobile manufacturer is advised to implement the relational management philosophy in dealing with its agencies with an hope of innovative orientation for customers. In this sense, this study is a big stride in providing ample implications for the automobile manufacturer in establishing trust and commitment, which are the prerequisite conditions in developing and maintaining a successful long-term relationship with its agencies, and in improving the agency's relational performance.

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Do Political Institutions Matter to Education Policy?: Lessons from Charter School Growth in the United States (정치적 제도가 교육정책에 중요한가?: 미국의 차터스쿨 성장으로부터의 시사점)

  • Cho, Ki Woong;Park, Jongsun
    • Journal of Digital Convergence
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    • v.19 no.12
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    • pp.133-143
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    • 2021
  • Complicated political situation still plagues charter schools despite their innovative education. Nevertheless, they experienced growth around 2011, yet only a few studies have explored why they had expanded from the political viewpoints. Therefore, using political institutions and political market framework, this study investigated the relationship between political institutions and charter school growth in the US(United States). To do so, this study conducted multiple regression analyses of school growth measured by the number of schools allowed, implementation points, and guaranteed funding. The findings revealed that only governors' partisanship has a significant influence on the number of schools. Moreover, supportive privatization organizations, governors' partisanship, and per capita income affects implementation points. Meanwhile, regarding guaranteed fiscal funding for the charter schools, the teachers' union enrollment rate, governors' partisanship, and per capita income are crucially influential. Finally, the results confirmed that political institutions are also important for education.

Do People Trust News on Media Overall as Much as They Trust the News They Actually Use? A Study on Credibility of "News I Use" and Credibility of News on Media Overall

  • Najin Jun
    • Asian Journal for Public Opinion Research
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    • v.11 no.3
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    • pp.234-256
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    • 2023
  • This study aims to understand how people evaluate the credibility of news they use every day and how such evaluation is related to their credibility assessment of news on media overall. For this purpose, this study examines the relationship between credibility of "news I use" and credibility of news on television and news portals overall, respectively. It also explores whether the relationship is moderated by the strength of political ideology. From regression analyses of a nationwide survey of 5,010 adults in South Korea in 2021, the results showed a lower level of credibility for "news I use" than for overall news on television and portals. The results also revealed a significant relationship between the credibility of "news I use" and credibility of overall news on the two media respectively. The expected moderation effect was significant for portal news, but not for television news. Findings and implications are discussed.

Economic Development, Globalization, Political Risk and CO2 Emission: The Case of Vietnam

  • VU, Thi Van;HUANG, De Chun
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.21-31
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    • 2020
  • This study investigates the dynamic effects of economic development, international cooperation, electricity consumption, and political risk on the escalation of CO2 emission in Vietnam. We adopted autoregressive distributed lag model and Granger causality method to examine the interaction between CO2 and various economic and political factors, including foreign direct investment, trade openness, economic growth, manufacture, electricity consumption, and political risk in Vietnam since the economic revolution in 1986. The findings reflect opposite influence between these factors and the level of CO2 in the intermediate and long-term durations. Accordingly, foreign direct investment and CO2 emission have a bidirectional relationship, in which foreign direct investment accelerates short-term CO2 emission, but reduces it in the long run through an interactive mechanism. Moreover, economic development increases the volume of CO2 emission in both short and long run. There was also evidence that political risk has a negative effect on the environment. Overall, the findings confirm lasting negative environmental effects of economic growth, trade liberalization, and increased electricity consumption. These factors, with Granger causality, mutually affect the escalation of CO2 in Vietnam. In order to control the level of CO2, more efforts are required to improve administrative transparency, attract high-quality foreign investment, and decouple the environment from economic development.

Political Connections and CSR Disclosures in Indonesia

  • SARASWATI, Erwin;SAGITAPUTRI, Ananda;RAHADIAN, Yan
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.1097-1104
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    • 2020
  • This research seeks to provide evidence about how political connections, proxied by government ownership and the existence of politically connected board members, affect the extent of corporate social responsibility (CSR) disclosures in Indonesian listed companies. This research uses the legitimacy theory as a basis for explaining management's motivation for disclosing its CSR. The sample consists of 131 firm-year observations from 38 non-financial public companies that published sustainability reports from 2013 to 2017. We measured the CSR disclosures using a disclosure checklist on the sustainability reports. We subsequently processed the data using a random effect (RE) linear regression. The result shows that CSR disclosures were greater in government-owned companies but lower in companies that have politically connected board members. The results support the legitimacy theory that the government intends to demonstrate legitimate national economic and political conditions by showing that government-owned companies are sustainable. However, CSR disclosures seem to have a substitutive relationship with the existence of politically connected board members, since those political connections may protect the company from public pressure and/or the risk of litigation, reducing the need for CSR disclosures. This research provides evidence that different types of political connections may have different impacts on corporate disclosures.

Influence of Nursing Professional Value and Political Participation of Nurses on Patient Advocacy (간호사의 전문직관, 정치참여가 대상자 옹호에 미치는 영향)

  • Kim, Minji;Lee, Hyeonkyeong
    • Journal of Korean Clinical Nursing Research
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    • v.27 no.2
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    • pp.140-148
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    • 2021
  • Purpose: This study aimed to identify the level of patient advocacy and to determine the influence of nursing professional value and political participation of nurses on patient advocacy theory. Methods: This study used a cross-sectional descriptive study design. Data were collected from 232 nurses from a tertiary hospital, three general hospitals, and a public health center in two districts of a metropolitan using self-reporting questionnaires. Data were analyzed by t-test, One-way ANOVA, Pearson's correlation coefficient, and multiple linear regression using SPSS/ WIN 21.0. Results: The mean score of patient advocacy was 4.64±0.55 out of 6, nursing professional value was 3.60±0.49 out of 5, and political participation was 2.21±0.71 out of 5. Nursing professional value (r=.37, p<.001) and political participation (r=.23, p<.001) showed a significant positive relationship with patient advocacy. Factors influencing patient advocacy were identified as nursing professional value (β=.28, p<.001) and political participation (β=.15, p=.014). Conclusion: Based on the findings that nursing professional value and political participation are key factors of patient advocacy, educational strategies and endeavors as level of professional organization are recommended for enhancing patient advocacy.

Formal and Informal Institutional Nexus with Entrepreneurial Growth: The Role of the Political Development Index

  • MUKHTAR, Bazla;ZUBAIR, Muhammad;FASIH, Syeda Tayyaba;HUSSAIN, Munir;BUTT, Rehan Muzamil
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.7
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    • pp.109-121
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    • 2022
  • The study aims to examine the interaction of formal and informal institutions for strengthening economic development, particularly entrepreneurship growth. The research will also assess the impact of control variables on political index within the formal and informal markets. The research is quantitative, which analyses panel data of 6 years in 22 countries comprising middle and high-income countries with diversified and unique political, economic, and social systems. The findings suggested that reducing the entry regulation and promoting the social capital within the formal and informal institutions would grow formal and informal entrepreneurship and be a greater source for new venture creation. Moreover, the political index, a control variable, was found significant in the relationship of institutional mix with formal and informal entrepreneurship. Entry regulations in formal and informal institutions are a complex phenomenon in the entrepreneurship literature, moderated by the political development index as tested by the current study. The time horizon for this paper is much longer since it analyzes 6 years (2014-2019) of data on 22 developing and developed countries to see the entrepreneurial growth across multiple regions on different income levels, geographic conditions, and contrasting political and social systems.

The Impact of International Relations on Technological Learning of Developing Countries (개도국의 기술학습에 대한 국제 관계의 영향)

  • 이태준
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2002.05b
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    • pp.63-70
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    • 2002
  • This paper is to illuminate the dynamic relationship between the technological learning mechanism and international political intervention. Besides conventional techno-economic factors, international political factors are emphasized as external factors in the technological learning mechanism. Being influenced by international political intervention, the evolutionary path of technological capabilities is not incrementally cumulated and organizational process is not autonomously performed, either. In order to mitigate the impact of the international political intervention, DCs make efforts to develop technological capabilities step-by-step in line with current and future civilian industrial demand.

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