• Title/Summary/Keyword: Business activities

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Effects of CSR Activities on Business Performance of Logistics Firms

  • JEON, Ho-Jin;KIM, Young-Min;YOUN, Myoung-Kil
    • Journal of Distribution Science
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    • v.17 no.12
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    • pp.23-32
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    • 2019
  • Purpose As consumer awareness grows, the importance of CSR becomes even more important for long-term growth. In response to this current trend, the purpose of this study is to analyze the effect of CSR activities on business performance for logistics companies. Research design, data, and methodology - Between CSR activities and growth, there was a generally positive(+) relationships between activities such as donation and volunteerism and the growth of the enterprise. In terms of the relationship between environmental factors and growth, negative results were expressed. In case of profitability, improved welfare for workers has had a positive impact on corporate profitability. Results - With respect to stability, a high proportion of equity capital is not considered to be more active in SCR activities. Significant negative results were given between the minimum factors for entry, transportation, and noise generation factors and the ratio of liabilities, which are representative friction factors in the community. Conclusions - With respect to stability, a high proportion of equity capital is not considered to be more active in SCR activities. Significant negative results were given between the minimum factors for entry, transportation, and noise generation factors and the ratio of liabilities, which are representative friction factors in the community.

Group-affiliated Firms and Corporate Social Responsibility Activities

  • Lee, Woo Jae
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.4
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    • pp.127-133
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    • 2018
  • Corporate social responsibility (CSR) is one of the strategies for managing firms' business activities but may have heterogeneity depending on ownership structures. This study investigates the association between group-affiliation and CSR activities. Drawing on a theory from the prior research, this study predicts that group-affiliated firms are less likely to invest on CSR activities. For instance, prior research finds that controlling shareholders expropriate the values of minority shareholders. As one of the motivations of investing on CSR activities is the harmonization among the stakeholders, it leads to the prediction that firms controlled by large shareholders are less likely to engage in CSR activities. Second, group-affiliated firms under poor financial performance benefit from other group members through sharing their financial resources. Thus, there is less incentive for managers of group-affiliated firms to increase their financial performance by conducting CSR. By leveraging firms listed in Korean stock market and CSR score from Korea Economic Justice Institute, the result shows that the group-affiliation is negatively related to CSR activities. The result is consistent in case of applying propensity score-matched sample. Based on the findings of this study, this paper contributes to the related literature by showing the significant association between group-affiliation and CSR decisions.

Government R&D Programs and Innovation Activities (정부 기술개발 지원사업이 중소기업의 혁신활동에 미치는 영향)

  • Lee, Byungheon;Park, Sangmoon
    • Asia-Pacific Journal of Business
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    • v.11 no.4
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    • pp.177-188
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    • 2020
  • Purpose - The purpose of this study was to examine the effect of government R&D programs on firm innovation activities. Design/methodology/approach - This study analyzed survey data on innovation survey in Korea. To investigate our research hypothesis we used ordered logit regression analysis. Findings - This study unveils different effects of diverse government R&D programs on firm innovation activities. Most of government programs-R&D tax incentives, information/training, and marketing supports-have positive effects on management innovation activities and negative effects of the usage of procurement programs on management innovation efforts. Some government programs-R&D tax incentives, R&D grants, information/training-have positive effects on technological innovation activities. Research implications or Originality - This paper investigates the effects of diverse government R&D programs on technological and management innovation activities. We examine simultaneous effects of multiple government R&D programs rather than effects of independent R&D programs. This result can contribute to develop more effective government R&D programs to support firm innovation activities.

The Competencies of Sellers in e-Commerce and Innovative Sales Activities for Sales Performance

  • KIM, Eunji;JUN, Jongkun;HYUN, Jae Hoon
    • Journal of Distribution Science
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    • v.20 no.1
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    • pp.99-108
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    • 2022
  • Purpose: This study aims to identify the core competency of sellers on their sales performance in the context of e-commerce, and to verify the mediating effect of innovative sales activities. Research design, data, methodology: A questionnaire survey was carried out to 200 sellers in e-commerce. Exploratory factor analysis and reliability analysis for Cronbach's Alpha were performed to verify the validity and reliability of the and the regression analyses of 5,000 bootstrap samples were carried out to test hypotheses. Results: Based on the analysis, the elements of competencies of sellers in e-commerce such as self-control, trust-building, social interaction skills were positively related to the innovative sales activities and sales performances. Innovative sales activities also affected sales performances. Indirect effects of competencies of sellers on sales performance via innovative sales activities were partially effective depending on variables that brought practical implications. From a practical perspective, the valid competencies found in this study may be applied for the recruitment and selection of sellers. Conclusion: This study shed light on theories of e-commerce sales and sales practices by examining the competencies of sellers in e-commerce compared to those of traditional sellers and by revealing innovative sales activities as the effective mediator for sales performance.

Can Socially Responsible Foreign Firms Attract Local Talents?

  • HONG, Gahye;KIM, Eunmi
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.1
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    • pp.1-9
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    • 2022
  • Purpose - Drawing upon signaling and social identity theories, this study explores the effect of engagement in CSR activities by foreign firms on applicants' intention to apply. Furthermore, this study suggests CSR education as a moderator which strengthens the positive effects of the engagement in CSR activities on the intention to apply for potential job seekers. Research design, data, and methodology - One hundred and ninety-one undergraduate students were solicited to participate in this study. Participants were randomly assigned to two scenarios depicting different levels of a given foreign firm's engagement in CSR activities. After reading the given scenario, respondents answered a series of questions on their intention to apply to the foreign organization. Result - The results from hierarchical regression reveal that Korean applicants have a more favorable perception of a foreign firm which performs engagement in positive CSR activities. Moreover, the positive effect of the engagement in CSR activities on the intention to apply has a greater impact for Korean applicants who had CSR education. Conclusion - The result indicates that foreign firms could overcome the liabilities of foreignness and attract local talent effectively, by engaging in CSR activities. Moreover, this study suggests the important role of CSR education, and significantly contributes to the international recruiting literature.

The relationship among ESG management activities, financial performance and technological innovation in healthcare companies (헬스케어 기업의 ESG경영활동에 따른 재무성과 및 기술혁신 관계)

  • Peng Wang;Chang Won Lee
    • Korea Journal of Hospital Management
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    • v.28 no.2
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    • pp.66-78
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    • 2023
  • Purposes: This study explored the difference analysis of financial performance and technological innovation according to the ESG management activities of healthcare companies based on the time before and after the mandatory ESG management reporting of listed Chinese healthcare companies in China. Methodology: This study collected ESG management activities, corporate financial performance, and technological innovation data of Chinese listed healthcare companies by using Bloomberg Database and China-listed company reports to collect data for analyzing differences between groups through T-test. Findings: ESG activities in the healthcare industry have a certain impact on corporate financial performance, but have no impact on corporate technological innovation. Like the world trend, the ESG activities and financial results of China's healthcare industry have shown a positive development direction in recent years, and ESG scores are rising. Practical Implication: Since 2018, ESG activities in China's healthcare industry have flourished, and ESG activities and financial performance have developed in a positive direction.

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The Effect of the Management Activities' Importance Perception on the Business Performance (경영활동 중요도 평가가 경영성과에 미치는 영향)

  • Kim, Soo-Hyun;Lee, Sang-Kyu
    • The Journal of the Korea Contents Association
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    • v.18 no.9
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    • pp.366-374
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    • 2018
  • In this paper the relationship between the business performance and the importance perception of management activities is analyzed. The analysis is conducted by dividing the analysis time-frame into before and after the economic recession. In addition, we consider the type of industry and the type of government support policy that the companies participate in. According to the results, the management activities, such as the introduction of domestic external technologies and the release of new products, are to have a significant impact on business performance for both before and after the economic recession. The introduction of foreign external technologies is significant before the economic recession, but after the economic recession the fund raising activity is shown to be significant. Management activities that affect business performance of large/small businesses, IT/non-IT companies, high/low R&D firms and the companies participated in various government support policies are different. In other words, it can be found that the support of management activities that can enhance performance should be done in an appropriate way considering the characteristics of the company rather than being provided to all companies in common.

An Application of Total Quality Management Efficiency Model in the Korean Distribution Industry

  • Yoo, Han-Joo;Park, Jong-Woo;Song, Gwang-Suk
    • International Journal of Quality Innovation
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    • v.10 no.1
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    • pp.25-36
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    • 2009
  • The purpose of this study is to analyze the efficiency of the service quality activity itself by using the DEA Model, in contrast to previous quality evaluation methods, as an attempt to evaluate the service quality activities of the distribution industry. Furthermore, by complementing the shortfalls of the weighted value of the DEA Model, it recommends a DEA/PS Model that is appropriate in the evaluation of service quality activities. Based on this model, the study proposes the SQAE Model, an evaluation tool to complement the traditional measuring method. According to the results of the analysis of 18 sample distribution businesses, there was a discrepancy by business in the results of the Traditional Scoring System and the Evaluation Measuring System. Therefore, it is most desirable to not only be active in service quality activities but also increase efficiency at the same time.

The Innovation Activities of Vietnamese Enterprises: Current Status and Solutions

  • Quoc Cuong Nguyen;Hoang Tuan Nguyen;HyukDong Kwon
    • International Journal of Advanced Culture Technology
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    • v.11 no.2
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    • pp.229-237
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    • 2023
  • Innovation has been considered not only an important factor for creating and maintaining the competitiveness of nations but also a key determinant of enterprises performance in over the world. Innovation is the process by which an enterprise develops new products, services, processes or management systems to meet requirements due to the change of business environment, technology. The results of implementing innovation increase capacity of the business, thereby helping the business to develop sustainably in the face of market trends and competition from competitors. This paper aims to explore the current status of innovation activities as well as proposes solutions to develop innovation activities for Vietnamese enterprises. The proposed solutions in this study paper create a premise to improve the competitiveness and sustainable growth of enterprises in the context of deeper and more comprehensive international economic integration.

A Study on Overseas Business Archives Professional Organization (해외 기업 아카이브 전문가조직에 관한 연구)

  • Kim, hyosun;Kim, Jihyun
    • Journal of Korean Society of Archives and Records Management
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    • v.19 no.4
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    • pp.139-173
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    • 2019
  • At present, no outside organization provides systematic support for business archives, even though there are companies that operate their own. To resolve this situation, this study suggested that overseas business archives professionals organization could apply in Korea by analyzing the form of organizations and functional roles. As such, the organization of professionals in overseas business archives was analyzed through their website, literature research, and email interviews of the staff. Based on the analysis, overseas organizations of business archives professionals were established in the form of sections and independent organizations to systematically support business archives through long-term projects. Thus, this study proposed an organizational structure of professionals organizations for the development of domestic business archives and the functional role of supporting activities, educational activities, and publishing activities. In addition, the ultimate development of business archives is clearly no longer the only solution to the change in perception and strategy of individual companies' business records. Moreover, this study is significant as a starting point for discussion on the establishment of business archives professionals or organizations.