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http://dx.doi.org/10.5394/KINPR.2010.34.8.659

An Empirical Research on the Effect of the Environmental Adaptation and the Implementation of Strategies on the Business Performance in Korean Shipping Companies  

Kim, Myung-Jae (Devision of Shipping Management, Korea Maritime University)
Nam, Jin-Hyun (Devision of Business Administration, Dong-Eui University)
Ahn, Ki-Myung (Devision of Shipping Management, Korea Maritime University)
Abstract
In this study, we examine features of marine transport environment which shipping companies are facing, analyze the ability to cope with this environment, and present the relationship between the ability and business performances. Then, we demonstrate that diagnosis of shipping environment in the global marine transport environment and preparing to it is very important. Also, we present that the ability to prepare is the main factor to decide the competitive power of the company. This study has a meaning in that the importance of business activities related to environment such like diagnosis of environment, analyzing, management, adaptation, and prediction is presented. Besides, the value of this study is that we analyze the relationship between corresponding ability, strategic execution process and business performance in general.
Keywords
Environmental Adaptation capacity; Strategy execution; Business Performance; Reliability Analysis; Factor Analysis; Multiple Regression Analysis;
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Times Cited By KSCI : 1  (Citation Analysis)
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