• 제목/요약/키워드: Business Sustainability

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Income Distribution and Factors Affecting the Bank's Stability

  • TRINH, Viet Xuan;DO, Du Kim;NGUYEN, Anh Thi Lan
    • 유통과학연구
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    • 제20권9호
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    • pp.23-28
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    • 2022
  • Purpose: Research on banking sustainability plays an important role in helping banks understand the level of risk in different types of companies. Therefore, this study was conducted to determine the factors affecting the sustainability of Joint Stock Commercia l Banks in Vietnam. Research design, data and methodology: The following theories, the factors affecting the bank's sustainability include: Business model diversification (income diversification), bank size, loan ratio, and net interest margin. Data was collected from Joint Stock Commercial banks in Vietnam from 2015 to 2019. With GLS model on panel data with banks listed on Vietnam stock exchange. Results: The analysis results show that net interest income has a positive impact on the sustainable business results of banks through the rate of return on total assets (ROA). The non-interest income hasn't impact on bank stability. From this result, there aren't positive signs of income diversification in banks. At the same time, with the obtained results, the study also provides a policy implication for banks. Conclusions: The study also provides some policy implications to improve the bank stability. Diversifying income in banks is necessary, but how to make it influential banks has not yet been done. Therefore, the adjustments in non-interest business activities need to be carefully considered by banks.

전문인력지원사업이 사회적기업 지속가능성에 미치는 영향 -기업특성을 매개로- (Effects of professional Manpower support projects on sustainability of social enterprises -Mediaition effect on Enterprise Characteristics-)

  • 박혜림;유연우
    • 디지털융복합연구
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    • 제19권9호
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    • pp.135-144
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    • 2021
  • 코로나 19 사태로 인하여 자영업자 몰락과 일자리 감소 등 사회적, 경제적 양극화 현상이 사회문제화 되고 있는 바, 다양한 사업 분야에서 취약계층에 대한 사회서비스 제공 및 일자리 창출이라는 사회적기업의 역할은 매우 중요하다 할 것이다. 사회적기업은 경제적 가치 창출과 사회적 가치 창출이라는 하이브리드 특성으로 인하여 지속가능성에 어려움을 호소하고 있다. 지속가능성을 위하여 사회적기업의 사업분야와 매칭되는 전문인력 지원이 절실히 요구 되지만 부족한 예산으로 전문인력 지원은 매우 부족한 실정이다. 본 연구는 전문인력의 전문분야가 사회적기업의 지속가능성에 어떠한 영향을 미치는가에 대하여 사회적기업 특성을 매개로 연구한바, 전문인력은 기업의 주사업분야 확장과 지속가능성에 영향을 미치는 것으로 나타났다. 이상의 연구 결과에 근거하여 사회적기업 재정지원사업의 실무적 시사점을 제시하였다.

A Systematic Review Study on the Start-Up Sustainability Factors by Franchises Growth Cycle in Korea : Focusing on the ERIS Model

  • Kim, Insook;YANG, Jihee
    • 한국프랜차이즈경영연구
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    • 제12권2호
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    • pp.23-33
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    • 2021
  • Purpose: The purpose of this study is to provide basic data such as development of sustainable support policies and performance management evaluation to support sustainable management of domestic franchises by deriving the sustainable growth cycle of domestic franchises. Research design, data, and methodology: This study is based on systematic review study. We combined search terms such as "Start-up", "Sustainability" and "Success" with four databases, RISS, KISS, e-article and DBpia and searched a total of 1,219 articles published by April 21, 2021. In the process, 35 studies were selected and analyzed after an expert review, excluding documents whose overlapping documents, gray zones (e.g., reports, conference presentations, etc.), degree papers, foreign language literature, and dependent variables were not related to the Sustainability factors. Using ERIS model, which is applied to research on the results of startup, and the franchise's growth cycle, which reflects the growth stage of franchises, we analyzed the factors behind the sustainability of franchise. Result: The results of the study are as follows. First, research on the sustainability of franchise has continued since 2009 in Korea, and has been conducted in various fields such as social welfare in addition to venture, start-up and management. Second, sustainability factors of franchise were analyzed from the ERIS performance model indicating the performance of venture, and the 68 subfactors were derived. Third, it is confirmed that there are important factors that affect the sustainable growth of franchise startups in each franchise's growth cycle. Conclusions: It is significant that through this study, we provided better understanding of the factors that sustain sustainability of franchises, policy suggestions, and presented the direction of future study. Theoretical suggestion is that the main reason for the continuous growth of franchise in each domestic franchise is based on the ERIS performance model. The practical implication is that the headquarters and Franchisor can use it to establish and evaluate performance indicators based on the business growth cycle. The results of this study are expected to be used as basic data for development and performance management evaluation of franchise start-up support policies to support the sustainable management of domestic franchises.

A Global Perspective on Green Sustainability, Corporate Reputation, and Technological Strength for Firm Performance Across Countries

  • Lee, Jooh
    • 유통과학연구
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    • 제10권8호
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    • pp.15-23
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    • 2012
  • This study is an attempt to explore the nature and characteristics of strategic impact of green strategy by environmental capital, corporate reputation, and technology strengths on the firm's performance across countries. The main question addressed in this paper relates to how corporate sustainability, corporate reputation, technology strength, and capabilities influence the firm's economic performance with respect to diverse dimensions of performance measures including sustained growth through the leading firms across countries in the United States, Canada, Europe, and Asia-Pacific countries. Particularly, this study attempts to empirically explore the directions and magnitudes of the operational links between new emerging strategic core competencies (e.g., sustainability green strategy by environmental focus for more sustainable path, corporate reputation by corporate social responsibility and image enhancement, and technology strengths to develop a new product and market) and the firm's economic performance with respect to diverse dimensions of performance such as accounting (ROE and EOA) - and market-based performance (Market value and Tobin's q). Considering all possible limitations that might exist with regard to selected samples and methods, this study demonstrates that environmental sustainability, corporate reputation, technological capabilities and competencies through R&D intensity and patent are most likely to be significantly associated with most market-based performance measures, but the strategic significance of other variables such as capital intensity, leverage, and administrative cost efficiency on performance tends to be different depending on which performance measure is used across different countries with diverse economic and business contexts.

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Corporate Sustainable Management and Capital Market: Evidence from Data on Korean Firms

  • Kim, Young Sik;Park, Ki Bum
    • Asia Pacific Journal of Business Review
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    • 제1권1호
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    • pp.56-66
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    • 2016
  • This paper analyzes the impact of CSR on the capital market in Korea. Using listed firm data, we found that the creation of a sustainability report that indirectly measures the level of CSR can bring the stock rate of return difference of the capital markets representative market index. First, when a firm that publishes a sustainability report was compared in terms of its market rate of return, it showed a return increase of about 2%. We found that higher returns were gained through the competitive advantage of related business when the firm was actively involved in social responsibility. Second, subdivided by industry, firms belonging to the capital goods industry were found to reach a rate of return higher than that of industry. These firms were noticeable in that they were mainly industries that caused environmental pollution. Third, in an additional analysis, foreign investors were given the sustainability report of financial businesses, which was interpreted as a result of industrial properties. A sustainability report is a comprehensive report on the economic, environmental, and social activities of a firm. Firms must learn that they can gain trust through publishing trustworthy reports while achieving the lasting power of growth from the stakeholders.

The Impact of Emotional Intelligence Orientation on Audit Sustainability: Empirical Evidence from Vietnam

  • PHAN, Hai Thanh;MAI, Thuong Thi;NGUYEN, Tung Thanh
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.1021-1034
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    • 2021
  • The study investigates and measures the impact of the emotional intelligence orientation on audit sustainability in Vietnam. Survey data for this research were collected from 260 auditors (CPAs) currently working in auditing firms, for the period from April 2020 to July 2020. In this study, we have built a model with two dependent variables (Emotional intelligence orientation and Audit sustainability) and six independent variables (Proactive audit vision, Continuous audit development, Dynamic audit experience, Audit environmental change, Stakeholder expectation pressure, Advocacy culture). The research methods used include Cronbach's Alpha test, exploratory factor analysis (EFA), confirmation factor analysis (CFA) and linear structural model analysis (SEM). The results showed that (1) Proactive audit vision, (2) Continuous audit development, (3) Dynamic audit experience, (4) Audit environmental change, (5) Stakeholder expectation pressure are positively related to emotional intelligence orientation. However, Advocacy culture is not positively related to Emotional intelligence orientation. The findings of this study suggest that emotional intelligence orientation positively impacts audit sustainability (similar to the findings by Thapayom, Ussahawanitchakit, & Boonlua, 2017, 2018 in Thailand). The results of this study provide a scientific basis for managers at auditing firms to make appropriate decisions to improve auditing activities in the coming years.

Evaluation on the Criteria of Organisational Sustainability by Adopting ANP

  • Yu, Shuai;Li, Miaomiao;Xin, Siqi
    • Journal of East Asia Management
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    • 제2권1호
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    • pp.63-92
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    • 2021
  • Human activities have been putting a great burden on the earth, leading to many serious problems, such as lack of resources, ecological degradation and air degradation. Although many countries have recognised this circumstance and have developed some sustainable development strategies, the earth still needs research on sustainability in different views and various industries. The nursing industry has grown with the ageing of the global population in recent years, and professional nursing institutions could relieve structural deterioration caused by the ageing population in family, social, economic and cultural. Hence, exploring the key criteria of organisational sustainability in the nursing industry is of the utmost priority. This paper puts forward an evaluation framework to identify the key criteria of organisational sustainability. After connections with nursing homes A and B in China, the author adopts literature research to confirm the criteria system which is based on triple bottom line, utilises analytical network process method to design the network hierarchy analysis model and importance comparison questionnaires to collect experts' first-hand data, and uses technical software - Super Decisions to integrate data and obtain final results. The results recommend three top-ranked criteria in the entire system, eco-recruitment, eco-procurement and corporate social responsibility are discussed with some professional suggestions in the end. The limitations are also extended in the last chapter to provide future research perspectives.

사회적기업의 활성화를 위한 방안 연구 - 사업개발비 실태분석을 통한 - (Ways to Vitalize Social Enterprise - focusing on the business development expense -)

  • 김용호;송경수
    • 경영과정보연구
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    • 제32권3호
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    • pp.263-283
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    • 2013
  • 여러 연구에 의하면 사회적기업의 지원제도 중 사업개발비는 중요한 요소로 확인되고 있다. 여러 해 동안 사업개발비가 집행되고 있으나, 이에 대한 정리된 자료는 찾아보기 어렵다. 따라서 본 논문에서는 사업개발비를 인과적으로 분석하고 관계성을 찾아보려고 한 것이 아니라 개발비신청과 관련한 자료를 정리하여 실태를 살펴봄으로써 사업개발비에 대한 사회적기업의 관심이 무엇인지 더 나아가 이에 대한 개선점을 찾아보고자 하는데 그 목적을 두고 있다. 사업개발비의 신청 형태들을 분석하기 위하여 인증여부, 업종, 지원횟수 등과 같은 몇 가지 범주별로 나누어 자료를 살펴보았다. 분석결과는 사업개발비에 대한 개선점과 지속가능성을 높이는데 필요한 사업개발비 정책개발 자료(지침개발)가 될 수 있다고 생각한다.

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내·외재적동기부여가 소상공인협동조합의 협업 및 지속성에 미치는 영향에 관한 연구 (A Study on the Influence of Intrinsic Motivation & Extrinsic Motivation on Collaboration & Sustainability of Small Enterprise Cooperatives Members)

  • 고세명
    • 중소기업연구
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    • 제41권4호
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    • pp.37-63
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    • 2019
  • 소상공인협동조합은 2013년부터 중소벤처기업부에서 소상공인의 협업을 유도하기 위하여 평가를 거쳐 국고보조금을 지원한 협동조합을 의미하며, 조합원이 소상공인사업자 5인 이상으로 구성된 협동조합을 말한다. 소상공인협동조합이 중요한 이유는 일반협동조합의 발전방향을 제시할 수 있기 때문이다. 또한 2018년이 특별한 또 하나의 이유는 2013년부터 시작된 5년의 마지막 한해라고 할 수 있으며 재정지원에 대한 1주기 결산이 이루어지기 때문이다. 본 연구에서는 2013년 소상공인협동조합 활성화 사업에 선정된 협동조합을 대상으로, 2015년 설문조사를 실시했다. 협동조합의 지속성에 영향을 미치는 동기가 외재적동기인지, 내재적동기인지에 관한 것과, 협업에 영향을 주는 요인으로 외재적동기인지, 내재적동기인지 파악해 보려 했다. 그리고 협업이 협동조합의 지속성에 영향을 주는 것인지에 대해서도 살펴보려 했다. 연구결과 협업과 협동조합의 지속성에 영향을 주는 유의한 독립변수는 내재적동기인 것으로 나타났다.

창업자의 창업동기, 창업가정신 그리고 창업가 역량특성이 창업기업 지속가능성에 미치는 영향: 창업기업 경영성과를 매개로 하여 (Impact of Entrepreneurial Business Start-up Motivation, Entrepreneurial Spirit, and Entrepreneurial Competence Characteristics on Start-up Companies' Sustainability: Focusing on the Mediating Effect of the Start-up Companies' Business Performance)

  • 강한혁;박우진;배병윤
    • 벤처창업연구
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    • 제14권3호
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    • pp.59-71
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    • 2019
  • 규모가 축소되고 소수인력만을 활용하는 고비용 창출이라는 국제적 추세의 영향으로 현재 국내의 실업률이 심각하게 증가되고 있다. 이를 극복하기 위한 방편으로 국가는 창업진흥정책을 전개 중이지만 과다한 창업자 생성과 특정분야에의 집중으로 인하여 이들은 생존조차 불분명한 상황인 바, 본 연구는 창업자들의 내적 특성에 해당되는 창업동기와 창업가정신 그리고 외적특성인 역량특성이 경영성과를 매개로 하여 지속가능성에 미치는 영향을 규명하여 성공적 창업을 위한 유용한 방향성을 제공하고자 하였다. 가설검증 결과, 창업동기, 창업가정신 그리고 역량특성은 경영성과에 유의한 정(+)의 영향을 미쳤고, 경영성과는 지속가능성에 유의한 정(+)의 영향을 미쳤다. 또한 창업동기, 창업가정신 그리고 역량특성이 지속가능성에 미치는 영향에 있어 경영성과는 모두 매개되었다. 현재까지의 경영성과와 기업지속가능성에 미치는 영향요인에 관한 연구들은 본 연구의 독립변인들을 개별적으로 혹은 2가지 변인으로 연구를 진행해 온 바, 창업자의 내적특성과 외적특성을 다각도로 검증하여 실무적 방향성을 총체적으로 검증한 본 연구는 차후 창업 준비 특성과 같은 창업자 배경적 특성이 추가되어 더욱 포괄적으로 진행된다면 더욱 심도 깊은 결과 도출이 가능할 것으로 판단된다.