• Title/Summary/Keyword: 외국

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  • 한국석재협회
    • 석재인
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    • no.2
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    • pp.10-10
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    • 2003
  • PL(Products Liability: 제조물 책임)법 시행에 따른 영향과 대응 방안 - 외국인 또는 외국국정동포가 한국에서 취업하려면

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A study of the Effects of Accounting Comparability between Korean firms and Foreign Firms on Foreign Investment under K-IFRS (K-IFRS 도입으로 인한 재무제표의 국제적 비교가능성이 외국인 투자에 미치는 영향)

  • Baek, Jeong-Han;Kwak, Young-Min
    • Management & Information Systems Review
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    • v.37 no.2
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    • pp.259-281
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    • 2018
  • Advocates of mandatory IFRS adoption claim that IFRS increase financial statement comparability, which in turn leads to greater cross-border investment(Securities and Exchange Commision, 2008). The notion is that improved financial statement comparability reduces the information acquisition costs of global investors and thereby increase their investment in foreign firms. The purpose of this study is to examine this assertion by examining whether the K-IFRS adoption rusults in improved comparability that leads to increased investment by foreign investment. We also examined whether the relation between comparability and foreign investment has strengthen after adoption of K-IFRS. To achieve the purpose of our study, we measure Korean firms comparability using stock price model, stock return model and cash flow from operation model by Barth et al.(2012). We use both foreign ownership in the end of year and average during the year for dependent variables were to reduce bias. We test our hypothesis using 1,817 firm-year observation of KOSPI firms during the period of our analysis, 2011-2015. Consistent with our hypothesis, we find K-IFRS adoption results in a greater increase in foreign investment in firms with high comparability firms. This result indicate that the adoption of K-IFRS intends to achieve the international accounting convergence as stated in the roadmap and to reduce the Korea Discount.

Foreign Stock Investment and Firms's Dividend Policy in Korea (외국인 투자자가 국내 유가증권시장 상장기업의 배당 행태에 미치는 영향에 대한 연구 : 다양한 계량경제모형의 적용)

  • Kim, Young-Hwan;Jung, Sung-Chang;Chun, Sun-Eae
    • The Korean Journal of Financial Management
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    • v.26 no.1
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    • pp.1-29
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    • 2009
  • As foreign investors' share holdings in Korean firms have dramatically increased since 1998 following the financial deregulation on the limit of foreign stock investment, the concern over the negative impacts the foreign investors would bring on the firms' financial policy has been growing too. Foreign investors were perceived to require the firms of excessive payments of cash dividends sometimes with threat of hostile takeover trials detering the firm from investing its cash flow in the physical facilities and RandD eroding their potential growth capabilities. We examine the impact of foreign investment on the firms' dividend policy using 234 listed firms' panel data over the sample periods of 1998 to 2005 employing various panel regression methodology. Foreign shareholders are found not to be related or even negatively related to the payout ratio(dividend/net income), but positively and statistically significantly related to the ratio of cash dividends to book of asset, negatively to the dividend yields. Considering the payout ratio is the most appropriate measure for the dividend payment, we can not support the arguments that the foreign investors' holdings have induced the excessive dividend level in Korean firms.

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On the Economic Impact of Foreign Labor Inflows in Korea (국제노동이동의 경제적 영향 분석 - 외국인 노동자문제를 중심으로 -)

  • Hahn, Chin Hee;Choi, Yong-Seok
    • KDI Journal of Economic Policy
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    • v.28 no.1
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    • pp.95-116
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    • 2006
  • Traditionally, foreign labor inflow into Korea has been rare and, hence, issues on foreign workers did not draw much attention. However, changing economic conditions of the Korean economy, such as "labor-shortage" problem in SMEs in manufacturing sector, has made the Korean government open its door to the foreign workers since the early 1990s through the Industrial Trainee System. The inflow of foreign workers, on the other hand, has generated various social and economic problems, such as substantial increase of illegal over-stayers, illegal utilization of foreign unskilled workers by domestic SMEs, to name a few. Against this background, the Employment Permit System was implemented from 2004. This new system aims at supplying foreign workers to SMEs as well as protecting them as legal 'employees'. In any case, it is very important to understand how and to what extent the inflow of foreign workers have affected the Korean economy in order to establish long-term policy stance. This paper aims to empirically assess the economic impact of foreign workers on domestic workers in the manufacturing sector during 1997~20001, focusing on the Industrial Trainee System. The empirical results of the paper can be summarized as follows. First, there is some evidence that male semi-skilled workers are the group that is likely to have been displaced by industrial trainees. Second, we were unable to find any strong evidence suggesting that the inflow of foreign industrial trainees decreased wages of less-skilled Korean workers.

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Political Instability and Inward Foreign Direct Investment: The Perspective of Government Corruption from an Emerging Economy (정치적 불안정과 외국인 직접 투자: 신흥국 정부부패의 관점)

  • Bokhari, Syed Asad Abbas;Aftab, Muhammad;Shahid, Manzoor
    • Industry Promotion Research
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    • v.6 no.4
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    • pp.69-81
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    • 2021
  • Pakistan is a South Asian auspicious developing country. Based on the corruption perception index report 2020 by transparency international, Pakistan has ranked 124 with total scores of 31 globally and 188 ranks with a score of -2.25 in terms of political stability ranging from 0 (lowest) to 100 (highest). More crucially, the inflow of foreign direct investment toward Pakistan has declined between 2008 and 2019. Though political instability and government corruption have both positive and negative linear relationships with foreign direct investment, we tested the moderating impact of government corruption between political instability and inward foreign direct investment over time. We also tested the relationship between political instability and inward foreign direct investment in different phases of political regimes in the same country. Our results suggested that authoritarian regimes attracted more inward foreign direct investment than that during democratic periods of government. Furthermore, we found that there was low inward foreign direct investment when government corruption was high in the country. However, government corruption weakened the positive relationship between political instability and inward foreign direct investment (FDI).

A Structural Analysis of the Movie Reviews (네티즌의 흥행 영화 리뷰에 포함된 감정 동사 이용 특성 연구)

  • Park, Ji Yeon;Chon, Bum Soo
    • The Journal of the Korea Contents Association
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    • v.14 no.5
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    • pp.85-94
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    • 2014
  • This study examined the characteristics of movie reviews based on emotional expressions, using the structural analysis. Major results were as follows; firstly, the most cited emotional expression was 'fun'. Fun was the important discriminator for evaluating movies. Secondly, cluster analysis results found that although Korean movies were clustered by many emotional expressions such as fun, immersion and impression, foreign movies were grouped by joust an emotional expression including fun. Internet users tended to divide foreign movie into two kinds of movies such as fun movie and boring movies.

The Impact of Acculturation Stress on Job Satisfaction - focus on Foreign Cabin Crew working in Korea Airlines - (문화적응스트레스가 직무만족에 미치는 영향 -국내항공사 외국인 객실승무원을 대상으로-)

  • Yoon, Sun-Young
    • Journal of Advanced Navigation Technology
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    • v.17 no.4
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    • pp.449-458
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    • 2013
  • The purpose of this study is to find out Acculturation Stress that impact on job satisfaction focus on foreign cabin crew working in korea airline. the analysis showed the statistically significant meaning nationality had influence on acculturation stress. while working years had not influence on acculturation stress. also nationality and working years had not influence on job satisfaction In addition, acculturation stress had a negative influence on job satisfaction. Based on this study results, it required alternatives for job stress reducing as well as job accomplishment. and it is highly considered nationality differences and we should concentrate on effective system.

Digital electric bicycle transmission control system which utilizes a linear motor (리니어모터를 이용한 자전거용 디지털 전동 변속기 제어시스템)

  • Kim, Min;Kim, Gwan-Hyung;Lee, Hyung-Ki
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2015.05a
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    • pp.537-538
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    • 2015
  • 최근 자전거의 활용범위가 출퇴근뿐만 아니라, 친환경 헬스케어 부각으로 자전거 타는 것에 많이 이용되고 있는 실정이다. 근래 몇 년 사이에 정부에서도 자전거 전용도로를 도시외각뿐만 아니라 자전거로 출퇴근 이용자들을 위해 안전하게 운행할 수 있도록 자전거 전용도로를 전국에 확대설치 하여 자전거 보급을 확대 하고 있다. 하지만 현재 국내에 많이 보급되어 있는 자전거는 대부분이 외국에서 반제품이 수입되어 국내에서 완제품으로 조림하여 판매되는 제품들이 주를 이루고 있으며, 자전거 부품 중에도 최근 외국에서 개발이 진행되고 있는 전자변속기 또한 외국의 기술들이 도입되어 제품들이 출시되고 있는 실정이다. 이에 외국의 기술적 우위로 인하여 한국의 자전거 산업발전에 어려움이 많은 것이 현실이다. 본 연구에서는 리니어모터를 이용하여 디지털 전동 변속기를 개발 하여, 변속의 신속성, 정확성을 확보하면서, 동시에 외국의 기술적 장벽을 넘고자 한다. 현행 자전거 뒤 변속기의 정확한 변위위치 확보하기 위하여 자전거 핸들에 장착되어 있는 변속레버를 디지털화 하여, 변속을 제어하게 되면 뒤쪽에 설치되어 있는 리니어모터를 위치 제어함으로써 가이드 샤프트 피치에 의하여 변속위치가 정밀하게 제어 할 수 있는 전동 변속기 제어시스템을 제안하고자 한다.

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