• Korean Security Journal
• /
• no.37
• /
• pp.165-195
• /
• 2013

Today, the importance of social capital is emphasized in modern industry as the third capital. Social capital involves "trust and norms for members" and "social network" related to effective human resource management, which is being investigated actively by many researchers. However, It is difficult to see the report on the social capital of private security industry employees. So, this report suggests effective management practices of employees through the empirical analysis on the relationship between social capital and job satisfaction with a focus on the role of mediation for job characteristics. For the most, this research through analysis on relationship between social capital and job satisfaction shows that of the components of social capital, trust and networks influence effect on job satisfaction significantly. Secondly, as result of analysis on role of mediation for job satisfaction, importance of job involved in job characteristics has an effect of mediation. This result of empirical analysis menas that the pressure of private security industry employees is reduced and cooperation which is based on social capital is need through members' trust and social network. Therefore, the strategy of management about private security industry employees should be considered for both activation of social capital and maintenance.

• Korean Journal of Culture and Social Issue
• /
• v.26 no.4
• /
• pp.409-433
• /
• 2020

This study attempted to verify the relationship between job burnout and organizational citizenship behavior among South Korean soldiers in the Navy force by applying the Job Demands-Resource Model and Conservation of Resource Theory, and the moderated mediating effect of social capital through the work engagement and smartphone use. The mediating effect of work engagement and the moderating effect of social capital via smartphone use were examined in the relation between job burnout and organizational citizenship behavior. We combine the mediation effect model and the moderation effect model and tested the moderated mediation effect. To perform this study, the survey was conducted on the navy soldier on duty, and total of 324 data were analyzed. The results of this study were as follows: the complete mediation effect of work engagement in the relation of job burnout and organizational citizenship behavior was verified, social capital via smartphone use moderated the relation between job burnout and work engagement, and the moderated mediation effect of social capital via smartphone use in the relation between job burnout and organizational citizenship behavior through work engagement was identified. Based on the results, implications, limitations, and future research directions of the current study were discussed.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.12 no.5
• /
• pp.117-126
• /
• 2017

This study analyzed both the effect small and medium-sized suppliers' SCM capacity on the performance and how the moderating effect of demand uncertainty as an environmental factor affects this relation. The study is based on the data collected from the survey of small and medium-sized suppliers operating in electronics, metal, machinery, automobile, and textile. It analyzed the results of survey targeting suppliers of these areas by using structure equation modeling. According to the analyzed result, the relation capital of small and medium-sized supplier affects the performance, but there is no relation between coordination capability and the performance. In case of the moderating effect of demand uncertainty, while there is a positive moderating effect of demand uncertainty between relation capital and performance, there is no any moderating effect between coordination capability and performance. It turns out that the relation capital keep having a positive effect on the performance even if there is a demand uncertainty.

• Journal of the Korean Regional Science Association
• /
• v.33 no.2
• /
• pp.3-23
• /
• 2017

This study aims to understand how human capital is related to the inter-regional wage gap between the capital region and the non-capital region in Korea. We focus more specifically on whether the inter-regional wage gap is due to high levels of human capital in the capital region or due to high returns to human capital in the capital region. The decomposition method based on the unconditional quantile regression was used to examine how the relationship between human capital and the inter-regional wage gap varies along the wage distribution. When first estimating earnings functions from the two regions to apply this decomposition method, we included not only conventional indicators of human capital, such as education and on-the-job training, but also occupational skills including cognitive-interactive skills, technical skills, and physical skills. As a result, other things being equal, a large part of the inter-regional wage gap was explained by the human capital variables. Although the composition effect of the human capital variables existed in all the wage quantiles, the more important factor was the wage structure effect of the human capital variables. In addition, among the various human capital variables, the wage structure effect of years of education was a key factor in explaining the inter-regional wage gap. This study is meaningful in that it shows that the relationship between human capital and the inter-regional wage gap may vary depending on the wage quantiles.

• KDI Journal of Economic Policy
• /
• v.19 no.1
• /
• pp.3-50
• /
• 1997

경제자유화(經濟自由化)와 규제완화(規制緩和)라는 세계적인 흐름과 함께 우리나라도 1992년 이후 자본시장(資本市場)을 점진적으로 개방(開放)하고 있다. 본 연구에서는 우선 몇몇 핵심 거시경제변수(巨視經濟變數)들의 상관관계(相關關係)가 자본거래의 자유화와 더불어 어떻게 변화할 것인가에 대한 이론적(理論的)인 배경(背景)을 설명하고 있다. 여기에서는 무엇보다도 자본자유화(資本自由化)와 더불어 나타나게 되는 실질환율체상(實質換率切上)및 경상수지적자(經常收支赤字)의 의미를 합리적인 경제주체들이 자원(資源)을 보다 효율적(效率的)으로 배분(配分)하고자 하는 노력의 결과로 나타나는 현상으로 파악하고 있다. 즉 자본시장의 개방은 상대적으로 높은 국내의 자본생산성 및 실질이자율을 향한 해외자본의 유입(자본수지(資本收支)의 흑자(黑字))을 초래하며, 대외부문의 항등식을 고려하는 한 이는 경상수지(經常收支)의 적자(赤字)로 연결된다. 또한 본 연구에서는 신고전파적(新古典派的) 장기모형(長期模型)과 케인즈적(的) 단기모형(短期模型)에 기초한 거시경제 모형을 구성하고 자본자유화(資本自由化)의 속도(速度), 환율(換率)및 통화정책(通貨政策)의 변화에 따른 거시경제의 동태적(動態的) 시간경로(時間經路)를 계량화하고자 노력하였다. 예를 들어 경상수지적자(經常收支赤字)의 폭은 자본자유화의 추진속도 및 거시정책에 의존할 것이나, 예상하지 못한 큰 충격이 도래하지 않는 경우 향후 2~3년간 GDP 대비 3% 내외에 이를 것으로 추정되며, 그 이후에는 실질이자율의 하락과 함께 적자폭도 축소될 것으로 나타나고 있다. 그리고 실질환율(實質換率)의 시간경로는 자본유입과 함께 지속적으로 절상될 수는 없으며 개방초기의 절상에 이어 점차 절하되는 추세에 놓이게 될 것이다. 자본시장의 개방에 따른 경상수지의 적자는 국내의 (실물)자본축적을 보다 용이하게 함으로써 실질이자율(實質利子率)을 하락(下落)시킬 것으로 기대되나 그 효과는 연 0.2%포인트 이내에 머무를 것으로 추정되었다. 아울러 자본자유화의 초기단계에 발생할 환율절상은 수출의 가격경쟁력을 약화시켜 단기적(短期的)으로 경기침체(景氣沈滯)를 유발할 수 있으나 중장기적(中長期的)으로 성장잠재력(成長潛在力)을 확충시킨다.

• The Korean Journal of Financial Management
• /
• v.14 no.2
• /
• pp.109-149
• /
• 1997

자본주의 경제체제에 있어서 금융시스템과 기업시스템은 경제시스템의 핵심을 구성하는 것으로서 경제의 효율성을 좌우한다. 중요한 것은 이 두 시스템은 국가의 경제적 기능과 함께 상호관련적으로 형성되고 전개되어 나간다는 점이다. 최근 세계 경제메카니즘의 변화에 따라 이들을 어떻게 재편성할 것인가 하는 것이 주요 관심대상으로 제기되어 왔다. 본고는 국가-금융-기업 시스템간의 시스템적 상호관련성에 유의하면서 거시적인 신제도 학파적 시각에서 그 관계의 틀을 고찰, 그 유형을 분류하여 보고 특히 금융시스템과 기업시스템간의 상호관계를 분석하고자 하였다. 제도론적 시각에서 볼 때 이 문제는 제도적 환경과 제도적 장치간의 체계적 관계를 규명하는 것으로서 궁극적으로 경제행위의 지배조정 메카니즘을 시장, 위계(조직), 네트워크 중 어느 방식에 중점을 둘 것인가와 관련된다. 구체적으로 볼 때 금융시스템에 있어서의 자본시장중심적 체계와 은행중심적 체계, 기업과 시장의 범위와 기업의 네트워크적 전개, 금융과 기업간 규율시스템에 있어서의 관계 둥은 모두 이러한 시각에서 일관적으로 파악될 수 있는 것이다. 따라서 이들의 상호관계를 유형화시켜보고 그 논리를 우리의 현실에 적용시켜 볼 때 국가의 기능조정을 바탕으로 시장규율하에서의 네트워크적 관계를 모색하는 것이 바람직할 것으로 생각된다.

• Journal of Navigation and Port Research
• /
• v.40 no.6
• /
• pp.451-458
• /
• 2016

Since Modigliani and Miller developed their theory of capital structure in 1958, it has become one of the most debated issues in corporate management. This is because the capital structure decision necessarily affects financial risk and the firm's value. Throughout the research, one of the most concerning problems is determining what factors influence the firm's capital structure. Since Korean shipping firms have been suffering from a long term economic recession, an optimal capital structure has become increasingly critical to survive in the shipping industry. This paper studies panel data on 46 Korean shipping companies since 2000 to find the factors that affect capital structure. The results suggest that a negative relationship arises between firm size, tangible assets, profitability and non-debt tax shields against leverage. Otherwise, it proved that growth opportunity has a positive relationship with the firm's leverage. In the research model during a booming shipping economy, growth opportunity and non-debt tax shield are not associated with firm's capital structure.

• International Commerce and Information Review
• /
• v.14 no.1
• /
• pp.171-195
• /
• 2012

This paper is aimed to prepare some policy-measures which is helpful for China Money FDI in Korea by analysing FDI-related data and political strength and weakness between the two countries and studying fundamental preconditions required for Korea's China Money FDI strategies. As the result of research, key preconditions found out can be summarized as follows; First, because China-Korea economic relationship is largely insufficient in a complementary view as well as in a cooperative state level, Korea should remove the threats in advance that could lead two countries to unlimited competition, and then expand to a relationship of trust between China and Korea. Second, Korea, at least from the perspective of China, may not be an attractive investment destination. Therefore, it is necessary to take advantage of Korea's FTA-expansion-strategy opportunities such as Korea-US FTA which has entered into force recently. Third, because China always has a lot of alternative investment opportunities among world instead of Korea, so Korea should not overlook the fact that China has the bargaining power in large part related on the investment conditions in Korea, such as investment field, investment size, how to invest China Money to Korea, etc. Fourth, if Korea's FDI policy is trapped in the existing rules of the political frame, and moreover Korea can not have the role of rule breaker, it will be difficult to expect Korea's China Money FDI results compared to those efforts. Fifth, if Korea will execute China Money FDI strategies in the context of overestimating the China Power or China Money, it should be noted that Korea may have unexpected losses lead to a national by reason of outward and quantitative investment or bad investment.

• The Journal of the Korea Contents Association
• /
• v.19 no.12
• /
• pp.483-501
• /
• 2019

This study focuses on university students' social capital, examines the effects of university students' social capital on psychological well-being and campus life adjustment, and analyzes the mediating effects of psychological well-being. Data were gathered from 205 university students. The results showed firstly that university students' social capital did not have a positive effect on personal adjustment. Secondly, social capital did not have a positive effect on academic adjustment. Thirdly, social capital has a positive effect on social adjustment. Finally, psychological well-being mediated the relationship between social capital and campus life adjustment. This study is unique in that it examines the relationship between social capital and campus life adjustment. In addition, theoretical implications can be found in examining the process of mutual cooperation among students and revealing that they are identified by the theory of social exchange. Practically, the study shows that active efforts are needed to strengthen social capital and create a cooperative environment at the school level.

• The Journal of the Convergence on Culture Technology
• /
• v.9 no.5
• /
• pp.193-201
• /
• 2023

The purpose of this study was to examine the relationship among positive psychological capital, teacher professionalism, and passion for teaching of pre-service early childhood teachers. Specifically, this study investigated the mediating effect of passion for teaching on the relationship between positive psychological capital and teaching professionalism of pre-service early childhood teachers. The study participants were 198 pre-service early childhood teachers. Questionnaire were used to collect data. Data were analyzed using descriptive statics, Pearson correlation, multiple regression, and Sobel test for mediating effect. The results of the study were as follows: First, it was found that pre-service early childhood teachers had relatively high level of positive psychological capital, teacher professionalism, and passion for teaching. Second, there was a significant positive correlation between positive psychological capital, teacher professionalism, and passion for teaching of pre-service early childhood teachers. Third, the mediation effect of passion for teaching of per-service early childhood teachers between positive psychological capital and teacher professionalism was found to be partially significant. This result implies that positive psychological capitals and passion for teaching are to be effective to improve teaching professionalism of per-service early childhood teachers. The results of this study provides basic data on an early childhood teacher training program in improving teaching professionalism.