• 제목/요약/키워드: Business Sustainability

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The Economic Consistency and the Creditworthiness of Borrower: the Methodical Features of Analysis Using the Concentric Matrix Models

  • VYBOROVA, Elena Nikolaevna
    • 동아시아경상학회지
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    • 제8권4호
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    • pp.45-65
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    • 2020
  • Purpose - This paper is to analyze the system and the models of financial analysis in the assessment of economic consistency and the creditability of borrower. To test the process of complex express-analysis, it is utilized by the concentric matrix models by using the matrix of 5×5.. Research design, data, and methodology - The estimation of economic consistency, the creditworthiness, the complex express-analysis with application of concentric matrix models were carried out on the basis of data of the report for the 2017 of corporations POSCO and in the first half of the 2018 Daewoo Shipbuilding & Marine Engineering of South Korea. Results - This paper focused on the unbalance of the corporate financial structure (capital, receivable) and the assessment of sustainability development, taking into account the liquidity, solvency, financial sustainability and economic viability of the enterprise. Conclusions - this paper also consider the theoretical means of regulating receivables. The material is presented in the pedagogical context and appendix of the conclusion.

광역친환경농업단지 조성사업에 따른 변화실태 및 지속가능기반 확충방안 (Strategies for Sustainability of the Project for Developing Large-Scale Environment-Friendly Agricultural Districts)

  • 허승욱;김호
    • 한국유기농업학회지
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    • 제21권3호
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    • pp.351-362
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    • 2013
  • The Purpose of this paper is to suggest sustainable strategies of the project for developing large-scale environment-friendly agricultural districts (LSEAD). This study used assessment 3 indicators, efficiency, impact and sustainability of environment-friendly agricultural certification area and farmers, management situations of crop-livestock circulation center, educations for environment-friendly farming, changes of farmer's income and so on. This project has contributed to develop environment- friendly agriculture and model of LSEAD. And for sustainable development of LSEAD, it is necessary to renovate crop-livestock circulation centers, promote organic farming of resource-circulation type, converse to non-pesticide or organic farming of low pesticide one, do active marketing activities, establish a governance system of business projects and so forth.

Sustainability Considerations and Satisfaction with Online Food-Delivery Services During Covid-19 Pandemic

  • CHAE, Myoung-Jin
    • Asian Journal of Business Environment
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    • 제12권4호
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    • pp.13-24
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    • 2022
  • Purpose: Motivated by an expedited growth and distribution of Online Food-Delivery (OFD) services, especially during the recent Covid-19 pandemic, this research aims to explore 1) how consumers' sustainability considerations are associated with satisfaction with the services via opt-out cutlery options and 2) the role of the pandemic in the relationships between sustainability considerations, attitudes toward opt-out cutlery options, and satisfaction with the OFD services. Data and Methodology: An analysis of survey data using 434 consumers in the United States recruited from Amazon M-Turk was conducted using structural equation modeling. Results: Findings suggest that consumers' environmental, health, and ethical considerations are positively related to their attitudes toward opt-out cutlery options. Furthermore, attitudes toward opt-out cutlery options are positively related to satisfaction with the OFD services only when they feel connected with the environment, driven by perceived threats of an infectious disease (i.e. Covid-19). Conclusion: The study findings provide new insights to managers in the OFD service industry on how to promote sustainable consumption during the pandemic.

ERIS모델 기반 창업지속요인 분석: 조직 리질리언스를 중심으로 (Analysis of Start-up Sustainability Factors Based on ERIS Model: Focusing on the Organization Resilience)

  • 김인숙;양지희
    • 벤처창업연구
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    • 제16권5호
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    • pp.15-29
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    • 2021
  • 본 연구의 목적은 창업성과모델인 ERIS모델과 조직 리질리언스를 중심으로 창업지속요인을 도출하는 것이다. 이를 위해 체계적 문헌고찰과 수정된 델파이 기법을 활용하여 조직 리질리언스를 중심으로 한 ERIS모델 기반 창업지속요인을 분석하였다. 분석결과, ERIS모델 기반 창업지속요인은 창업가, 자원, 산업환경, 전략의 4가지 분류와 하위구분 8개, 세부요인 54개로 분석되었으며 수정된 델파이 기법을 통해 창업지속요인의 적합도를 확인하였다. 또한, 조직 리질리언스를 중심으로 ERIS모델 기반 창업지속요인을 구조화한 결과, 리더십, 문화, 사람, 시스템, 환경의 5가지 분류 아래 ERIS모델에 기반하여 창업지속요인을 구조화하여 통합 프레임웍(ERIS-R)으로 제시하였다. 본 연구의 결과는 다음과 같다. 첫째, 기존 선행연구 분석결과, 다양한 분야의 선행연구에서 창업성공과 창업지속성의 개념이 혼용되어 사용되고 있었다. 둘째, ERIS모델을 기반으로 한 창업성과와 창업지속성에 주요하게 영향을 미치는 요인이 공통적으로 존재함을 확인하였다. 셋째, 조직 리질리언스를 중심으로 창업지속요인에 대한 수정된 델파이 분석 결과, 창업가 개인과 기업의 일반적 특징은 실제로 창업지속성에는 영향을 미치지 않는 것으로 확인되었다. 본 연구는 조직 리질리언스 개념을 중심으로 창업지속요인을 ERIS모델에 기반하여 분석했다는 것과 점차 확장되고 있는 창업 육성·지원 분야에서 ERIS모델에 전략(Strategy)을 시스템(System)으로 포괄하여 조직 리질리언스(Organization resilience)를 R로 연결한 통합 프레임웍(ERIS-R)을 제시했다는 점에서 그 의의가 있다. 본 연구결과를 통해 창업기업에서는 수시로 직면하는 다양한 위기상황에 대해 예측, 예방 및 극복할 수 있는 창업기업 지속성을 높일 수 있으며, 창업기업 지원 기관에서는 창업기업의 지속가능한 경영을 지원할 수 있는 육성 및 지원 정책 개발, 성과관리 등의 기초자료로 활용할 것으로 기대된다.

통합연구방법을 이용한 지속가능한 급식에 대한 영양사 인식 및 실천의도 조사: 산업체 위탁 급식소를 중심으로 (A Mixed-Methodological Study of Dietitians' Perception and Behavioral Intention towards Sustainable Institutional Foodservice: Focus on Contract Business-and-Industry Foodservice)

  • 김소영;윤지현
    • 대한영양사협회학술지
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    • 제21권2호
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    • pp.140-153
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    • 2015
  • Considering the importance of institutional foodservice in modern dietary life and its influence on the environment, sustainable development in institutional foodservice industry carries great significance. The current study was conducted to investigate dietitians' perceptions of sustainable business-and-industry foodservice and their intentions to perform sustainable practices by applying a mixed methodology. For the quantitative study, an online survey was conducted on 362 dietitians who had worked at a contact foodservice company for more than 1 year. The survey was performed from December 15th, 2011 to January 30th, 2012, and 202 responses were used for the analysis. For the qualitative a study, a focus group interview was conducted during May, 2012 with representative employees of the company. According to the results, dietitians seemed to be unfamiliar with the terms "sustainability" or "sustainable development," whereas they understood related contents and practices. Dietitians' awareness and perceived need in terms of sustainable business-and-industry foodservice were not significantly different across general characteristics. Dietitians seemed to be highly aware of the impacts of business-and-industry foodservice on economy, whereas they appeared to lack understanding of its impacts on society and environment. Cost increase and levy on work in daily operations were considered as main obstacles hampering dietitians' intentions to perform sustainable practices. A total of 88.1% of responding dietitians expected that the meal price at a sustainable business-and-industry foodservice should be higher than the supposed standard price of 4,000 won, with an average reaching 5,270 won. Findings from this study could be used as baseline information for vitalizing sustainable business-and-industry foodservice in Korea.

The Effects of Socially Responsible Activities on the Management Performance of Internationally Diversified Firms: Evidence from Korean Small- and Medium-Sized Firms

  • An, Sang-Bong;Kang, Tae-Won
    • Journal of Korea Trade
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    • 제24권5호
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    • pp.35-54
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    • 2020
  • Purpose - It seems common sense that corporate social responsibility (CSR) is a key driver of business sustainability. Nevertheless, there has been little research on the performance of socially responsible activities, including economic and environmentally responsibility activities, in internationally diversified firms. Design/methodology - The purpose of this study was to evaluate the effects of CSR activities on management performance. For this evaluation, an empirical analysis was conducted with total of 2,520 cases, selected from companies listed on the Korea Composite Stock Price Index market for six years from 2013 to 2018. As proxies for management performance, financial data such as a total asset net profit ratio and a total asset operating ratio were used. A multivariate regression analysis was conducted to test hypotheses. Findings - The results of this analysis indicated that firms in the CSR outstanding group were ranked significantly higher than other groups in management performance. In addition, CSR activities of internationally diversified firms positively influenced the total asset net profit ratio and total asset operating ratio. Originality/value - The results suggest that the CSR activities of these firms can play a significant role in enhancing management performance in the economic status of Korea, where the degree of export dependency is high.

The Influence of Government Dimension on Financial Education and Empowerment of Micro-, Small- and Medium-Sized Enterprises in Indonesia

  • SAHELA, Karisa Zeisha;SUSANTI, Riana;ADJIE, Askardiya Radmoyo
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.637-643
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    • 2021
  • The study examines the influence of the five pillars of inclusive financing on the empowerment of micro-, small- and medium-sized enterprises (MSMEs) and the influence of institutional conditions on the empowerment of MSMEs. This study uses primary and secondary data. The population of the study are MSMEs; the is a total of 930,620 MSMEs in Jakarta. Owners of micro-, small- and medium-sized enterprises is a good population to be measured because they are the main actors that know exactly the challenges and the obstacles in doing business addressing problems faced in inclusive financing, which is related to the purpose of the study. The research borrows from finance and entrepreneurial theories for model design. The results of the study show that all the variables are significant and positive in the efforts to finance MSMEs in Indonesia, which means that financial education plays an important role in the sustainability of financial inclusion. The financial theory, developed to explain financing at the company level, needs to be adapted to the entrepreneurial situation, so that it can explain the behavior of small businesses. This means that, with correct financial knowledge, financial inclusion plays an important role in the sustainability of MSMEs in Indonesia.

Purchase Behavior of Young Consumers Toward Green Packaged Products in Vietnam

  • NGUYEN, Nhu Ty;NGUYEN, Le Hoang Anh;TRAN, Thanh Tuyen
    • The Journal of Asian Finance, Economics and Business
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    • 제8권1호
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    • pp.985-996
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    • 2021
  • While green packaging related concerns are mainly studied in developed countries, there is a lack of knowledge to observe purchase behavior toward green packaging in developing countries, especially in Vietnam. Buying green packaged products in FMCG is not required to trade-off between sustainability and product performance. Hence, this present research aims to understand the gap attitude - behavior existing on FMCG green packaged products among Vietnamese young consumers with psychosocial factors (environmental concern, environmental knowledge of green packaging and green trust) and contextual factors (availability of desired green packaging and product attributes). With a sample size of 396 respondents, data was collected by convenient sampling method and then was analyzed using structural equation modeling. The results reveal that all psychosocial factors are positive related to attitudes while purchase behavior is positively influenced. The findings also report that contextual factors have positive impacts on purchase behavior, which proves the important role of contextual factors in influencing consumer choices. It suggests that green packaging is receptive to Vietnamese young consumers but it should be considered within product-related context to enhance the difference in sustainability among similar FMCG products. Practical implications for marketers and future researches have also been discussed at the end of study.

Innovative Capability and Its Connection with Worker's Environmental Performance

  • KANG, Eungoo
    • 산경연구논집
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    • 제13권7호
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    • pp.17-25
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    • 2022
  • Purpose: Environmental contamination has lately been seen as a consequence of the rise in environmental challenges brought on by rapid industrial expansion. At this point, the current research asks an important question about what the factors are to motivate employees' green performance, increasing corporate sustainability. Research design, data and methodology:The current author selected total 19 items to obtain real data and achieve the purpose of this research. For measuring of the causality between the worker's innovative capability and green performance, the current author used the multiple regression statistical tool using U.S. 215 responses in four industry. Results: The statistical finding definitely indicated that there exists the causal linkage between two key factors (Innovation capability and green performance) as well as the strong direction between two constructs. As a result, the current author could accept all hypotheses, checking no existing the multicollinearity of the present constructs with 'TOL' and 'VIF' values. Conclusions: The present research concluded that literature and business management scholars and practitioners will benefit from this study's statistical results. Furthermore, rewarding staff creativity, encouraging quick answers to market movements, and incorporating technology into everyday operations are all ways that companies may cultivate an environmental stewardship culture.

The Effect of ESG Performance on Economic Growth

  • Wei-Keon ZHANG
    • 동아시아경상학회지
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    • 제11권4호
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    • pp.11-18
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    • 2023
  • Purpose - By filling the existing research hole and supplying a whole evaluation, this test wants to offer actionable insights for stakeholders navigating the intersection of sustainability and financial prosperity. Ultimately, this study contributes to the evolving speak on ESG, fostering a deeper comprehension of its implications for fostering sustainable economic increase. Research design, data, and methodology - Based on the numerous prior literature, the current study adopts a rigorous and systematic approach to discover the connection between Environmental, Social, and Governance (ESG) performance and its effect on a financial boom. The Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) method is the guiding framework for systematically accumulating and analyzing earlier research studies. Result: The finding of this study indicates that using ESG-pushed innovation, practitioners can force technological advancements inside their respective industries. By combining sustainability with research and improvement tasks, corporations can be leaders in selling economic boom through current, green solutions. Conclusion - In summary, this study concludes that embracing those findings in this study allows practitioners and managers to enhance their organization's easy regular, well-known traditional regular standard overall performance and undoubtedly contribute to a broader financial boom via leveraging the transformative strength of ESG necessities.