• Journal of the Korean Home Economics Association
• /
• v.44 no.5 s.219
• /
• pp.129-142
• /
• 2006

The purpose of this research was to find the solution of problems originated from financial illiteracy. To accomplish this task, the content which supposed to be taught in the area of personal finance in the Elementary, Middle and High School curricular were identified based on the previous research. Then, the personal finance content taught in public education system were analyzed rising content analysis of over 100 text books related to Personal finance education, such as Home Economics, Social Science, Economics, and Human Life Sciences, etc. Based on the results, followings were concluded. In spite of the fact that only few personal financial education topics were included in the 7th Education Curriculum, many topics taught in the subject of Social Science were duplicated in the Home Economics Curricular. To accomplish the ultimate goal of personal financial education, an introduction of the new course(Personal Finance) in the regular curriculum like U.S. is strongly recommended.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.2
• /
• pp.903-909
• /
• 2021

The relationship between corporate social responsibility (CSR) and earnings management is still a debate. Several previous studies showed that CSR is a determinant of earnings management. Meanwhile, others revealed the reverse. Therefore, this study aims to investigate the effect of CSR disclosure on earnings management and the effect of earnings management on CSR disclosure. This study was conducted with mining companies listed on the Indonesia Stock Exchange (IDX) in the 2016-2019 period. The research data was analyzed using multiple linear regression analysis. The data is obtained from financial statements, annual reports, and sustainability reports. The results reveal that there is a positive relationship between CSR disclosure and earnings management. This study also shows that the relationship model of CSR disclosure and earnings management is recursive. This finding implies that CSR disclosure is a tool used by management to cover up unethical actions from stakeholders. These results verify the agency theory and opportunist hypothesis regarding the relationship between CSR and earnings management. The novelty of this study lies in highlighting the recursive model of the relationship between CSR and earnings management.

• East Asian Journal of Business Economics (EAJBE)
• /
• v.8 no.2
• /
• pp.57-68
• /
• 2020

Purpose - This study investigated the effect of the social exclusion experience on the compulsive buying tendency. The purpose of current study is to examine the mechanism through compulsive buying, one of selfdefeating behaviors. While previous studies on compulsive buying focused only on the mechanism of psychological escapism to overcome negative emotions, this study intends to expand the study on the causes of compulsive buying by presenting a social exclusion experience as one of the causes of negative emotions. Research design and methodology - Present study was performed with 114 university students. Participants were assigned to one of two groups at random - the social exclusion experience group and the social exclusion nonexperience group. Authors analyzed the influence of social exclusion experience on the compulsive buying. Results - The social exclusion experience group showed compulsive buying tendency than the social exclusion non-experience group. Conclusions - People with social exclusion experiences avoid self-awareness and show cognitive narrowing, which leads to compulsive buying. Academic implications and practical implications of current research were discussed and the limitations were suggested.

• The Journal of Asian Finance, Economics and Business
• /
• v.6 no.3
• /
• pp.115-122
• /
• 2019

Under the Act No. 21 of 2008, Islamic banks in Indonesia as an intermediary institution are obligated to manage the resources simultaneously, the financial funds as well as the social funds, e.g. zakah, infaq, and sadaqah. This study aims to investigate the productivity change of social funds and financial funds of Islamic Banks in Indonesia. Non-parametric tests of Malmquist Productivity Index (MPI) is applied to annual data from period 2012 to 2017, encompassing post-reform of banking authority from Bank Indonesia to The Financial Services Authority (OJK) at 2012. The samples are nine Islamic banks in Indonesia which were able to provide the data during observation period. The results indicate that social funds are more productive than financial funds and productivity change tends to trade off. The productivity of social funds is progressed by 8.2% while the financial funds is regressed by 5.4%. Overall, the productivity change of Islamic banks is influenced by technological aspect rather than the efficiency aspect. Besides, BRI Syariah is the best performer in managing financial funds while BCA Syariah as the best performer in social funds. It implies that the policymakers may strengthen the supervisory and coaching to increase the Islamic banks' productivity in both activities.

• The Journal of Asian Finance, Economics and Business
• /
• v.6 no.1
• /
• pp.21-31
• /
• 2019

This paper examines how corporate social responsibility is related to the degree of asymmetric information in the Korean financial market. Recent theory argues that there is a negative relationship between a firm's corporate social responsibility and its information asymmetry. To test this hypothesis, we use the environment, social and governance (ESG) score, published by the Korean Corporate Governance Service, to proxy a firm's management practices toward socially responsible activities. In the entire sample of the Korean firms, we find contrasting results; the ESG score shows negative relationships with the price impact measure but statistically insignificant relationships with the dispersion of analyst forecasts. However, the ESG score shows negative relationships with both measures when we exclude chaebol affiliates from the sample. These findings are robust when we examine environmental, social and corporate governance scores separately. This set of results argues for the extant theory, expecting a negative relationship between a firm's engagement in corporate social responsibility and asymmetric information. It further argues for the importance of firm characteristics in determining the influence of socially responsible activities.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.8
• /
• pp.191-203
• /
• 2021

Social marketing seeks to develop and integrate marketing concepts with other approaches to social change and aims to influence behaviors that benefit individuals and societies for the social good. The study investigates the type and level of influence of social marketing on customer behavior in tourism companies in Baghdad (Iraq). The sample size of the study is 135 people comprising directors, assistant directors, and marketing staff in tourism companies in Baghdad. A questionnaire was used as a tool to collect data and information, and was prepared by the researcher after it underwent validity, stability, and arbitration tests. The data was analyzed using the statistical program (SPSS v. 25, AMOS v.23) and statistical methods have been used to process the data represented by the arithmetic mean, standard deviation, coefficient of variation, correlation coefficient (Person), simple and multiple regression equations. The research showed significant results represented by a positive and strong relationship between the research variables. This result indicates that there is an effect on the customer's behavior. Moreover, the results of the study showed positive effects that extend from social marketing to customer behavior in the long term.

• The Journal of Asian Finance, Economics and Business
• /
• v.7 no.6
• /
• pp.551-560
• /
• 2020

This research investigates the impact of vocational training on wages of ethnic minority labors in emerging countries; Vietnam is the case study. The study uses secondary data from 2014 to 2018 collected through Vietnam Household Living Standards Surveys (VHLSS) conducted by the General Statistics Office. In order to analyze the impact of vocational training on wages of ethnic minority areas in Vietnam, this research creates ethnic area variables. According to Vietnamese regulations, ethnic areas are communes of 51 different provinces, inhabited by ethnic minority people. The statistics from VHLSS in 2018, show that the proportion of labors of working age with a certificate was 22.5%. The research employs Heckman Sample Selection Model to estimate the impact of vocation training on wage of labors in ethnic minority areas. The results show that vocational training plays a crucial role in improving the wages of ethnic minorities and has a positive impact. However, apart from the achieved outcomes, vocational training and job creation for ethnic minorities are not without limitations and shortcomings. Based on the findings, some recommendations to ethnic minority labors, enterprises and the Government are proposed to encourage participation in vocational training for the purpose of promoting the efficiency of the labor market.

• Journal of Families and Better Life
• /
• v.33 no.2
• /
• pp.1-19
• /
• 2015

The objective of this study is to analyze the scope and depth of financial education currently delivered through three subjects in middle and high schools in South Korea. In order to systematically achieve the research objective, this study analyzed the textbooks to see how much coverage each topic received based upon the Finance Education Standards developed by the Financial Supervisory Service and the Korea Institute for Curriculum and Evaluation in 2011. In particular, this study used textbooks of three subjects such as Technology Home Economics, Social Studies, and Economics. Finally, this study discussed several implications for financial educators for teenagers and policy makers.

• Proceedings of the Technology Innovation Conference
• /
• 1997.12a
• /
• pp.70-88
• /
• 1997

Recently, the interdisciplinary linkage between engineering and social science has received an increasing attention as an emerging education discipline. Due to intrinsic complexity of innovation process and heterogeneity of disciplinary nature, however there exists little, if not no, effort to draw a common framework in terms of educational scope and contents of the new subject. This paper presents a number of criteria and guidelines for building up new educational framework by integrating engineering subject and social science subject. Specifically, three neo-disciplines, technology policy, technology management, and economics of technology are considered since it is postulated that the forementioned disciplines have established academic identity and fundamental structure By nature, this paper is an exploratory and seminal one. It is not the purpose of this paper to provide a concrete table of contents of educational material. Instead, it merely brings up a discussion topic for the wide audience of academic arena, leaving the gradual consensus and convergence as future task.

• Journal of the Korean Home Economics Association
• /
• v.44 no.11
• /
• pp.149-159
• /
• 2006

This study examined the relationship between social supports and the ego-resilience of school-aged children. The Social Supports Scale is composed of three factors: social supports from family, friend, and teacher. The subjects were 438 school-aged children. The main results were as follows. First, the level of social supports was generally high, with the highest level being from family. Second, the level of ego-resilience was also generally high. Finally, all social supports from family, friend, and teacher had positive influences on ego-resilience. The most influential factor was social supports from friend. The implications of these results were discussed.