• 제목/요약/키워드: China Firms

검색결과 224건 처리시간 0.026초

한국과 일본의 대(對)중국 물류정책 및 기업전략 비교분석 (A Comparative Analysis of Logistics Policy and Corporate Strategy for China in Korea and Japan)

  • 정승연;김웅희
    • 국제지역연구
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    • 제13권4호
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    • pp.467-490
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    • 2010
  • 본 연구에서는 다음의 세 가지 연구목적에 초점을 맞춰서, 한국과 일본에 대한 비교연구를 실시하였다. 우선 정부 레벨에서 대(對)중국 한·일 물류정책의 특징을 파악한 후, 양국 정책의 차이점을 밝히는 것이다. 다음으로 기업 레벨에서는 한·일 물류기업의 중국 진출 실태 및 사례에 대해 살펴본 후, 이로부터 한·일 물류기업의 기업전략 상의 공통점과 차이점을 규명하는 것이다. 끝으로 본고에서 실시한 한·일 비교연구로부터 한국 정부와 기업에 대한 시사점을 도출하는 것이다. 본 연구를 통해서 얻은 주된 결론은 다음과 같다. 첫째, 한·일 정부의 물류정책은 중국을 중시한다는 점에서 유사하지만, 일본의 물류정책이 ASEAN과의 협력도 중시한다는 점에서 보다 폭이 넓다. 둘째, 중국 물류시장에서 한국기업에 비해 일본기업이 보다 다양한 종합물류서비스를 제공하고 있으며, 보다 광범위한 물류네트워크를 확보하고 있다. 결국 한국 물류기업은 중국에서 국적을 초월한 기업간 전략적 제휴에 보다 적극 나서야 한다.

미·중 무역분쟁이 한국 수출기업 주식가격에 미치는 영향 (Impact of US-China Trade War on Stock Price of Korean Exporting Firms)

  • 원유경;이재득
    • 무역학회지
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    • 제45권1호
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    • pp.173-201
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    • 2020
  • As the US's trade deficit with China and China's manufacturing industry has risen rapidly, the US has begun to regulate trade items as part of China's checks. Four rounds of reprisal measures have greatly altered the trade structures of both countries. In particular, Korea, which is highly dependent on the US and China, has been directly affected by US-China trade disputes. The purpose of this study was to analyze the effects of US-China trade disputes on the stock price of Korean export firms by performing an event study. This study analyzed stock price fluctuations for 7 days before and after entry into forced [Please check] retaliatory tariffs on Korean exporters' export items subject to retaliatory tariffs. According to the analysis results, among companies that produce goods with major tariffs imposed on China by the US, such as electronic appliances, semiconductors, machinery, and automobiles, those producing electronics and semiconductor products were positively affected by the tariff incident. Secondly, among the companies producing steel, chemicals, and machinery, which the main tariffs imposed by the United States, companies producing steel and chemicals were negatively affected by the incident due to the stagnation of trade between China and the US. The results of this study suggest future trade policy directions for Korea and help to establish an export strategy for major industries.

국내의류업체의 글로벌 소신 현황과 경쟁력 강화방안 (Exploratory Analysis on the Global Sourcing and Implications for Competitiveness of the Korean Apparel Firms)

  • 이윤숙;육심현;최원경;이수경;진병호
    • 한국의류학회지
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    • 제26권6호
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    • pp.751-762
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    • 2002
  • Korean apparel industry is facing critical moment due to shortage of labor, wage increases and intensive competition among domestic manufactures. In addition, international production has been shifting to China and the other low-wage countries from established locations such as Korea, Hong Kong and Taiwan. Global sourcing has been received considerable attention since firms can enhance their competitive advantage as well as comparative advantage by coordinating their sourcing activities global]y. This studs regarded global sourcing as one of the strategic tools to achieve competitive advantage of Korean apparel firms, and explored the current status by literature reviews and series of in-depth interviews with managers of korean apparel firms. The findings of this study were as follows: 1) Due to geographical advantage, China was the most favored nation for outsourcing for domestic markers. However, exporting firms preferred Latin America (including Mexico) to take advantage of duties, quotas and geographical proximity to the US market. 2) In selecting the global sourcing country, productivity, technical ability, local government regulation, and culture were considered important. 3) Most Korean apparel firms sources production globally, and followed by raw materials and trims. 4) Cost and quality were the most important factors in deciding subcontractors, and experience, productivity, equipment and finances were the next concerns. Academic implications and future directions were suggested based on findings.

경제발전에 따른 중국의 물류허브화 전략에 관한 연구 (A Study on Logistics Hub Strategy of China based on Economic Development)

  • 오문갑
    • 통상정보연구
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    • 제12권3호
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    • pp.197-221
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    • 2010
  • China has experienced repid economic growth since it opened its economic market. Apparently, China tends to follow the worldwide trends and it plans to play a leading role in the world. As China has become a global manufacturing center as well as a manufacturing powerhouse with its high economic growth rate, China's logistics industry has entered a stage of fast growth and the demand of logistics infrastructure and third party logistics service are increasing rapidly. This study is to present some efficient entering strategies of Korean logistics firms in China by examining the current situations of logistics industry in China and some business strategies of international logistics firms in China. From the research which sees consequently investigated a various policy, a system and a law about chinese logistics industry and present condition of the Chinese goods enterprise and instance analysis of the large Chinese corporation that branch out to undeveloped markets led and a Chinese logistics industry and problem point escape hereafter the heightening of competitiveness plan which is rational under presenting boil.

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Listed Local State-Owned Enterprises and Environmental Performance: Evidence from China

  • TANG, Kai;BAE, Khee Su
    • The Journal of Asian Finance, Economics and Business
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    • 제8권2호
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    • pp.255-262
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    • 2021
  • The paper examines the influence of ownership type on environmental performance of Chinese listed enterprises. China's environmental problems are attributed to the collusion between enterprises and economy-oriented local governments, which has allowed many companies to skirt environmental regulations. Especially, local state-owned enterprises (SOEs) tend to have worse environmental performance than private firms, under the wing of local governments, with whom they have a closer political connection. According to the report of the Environmental Protection Agency, currently the unacceptably poor environmental performance of local SOEs has severely hampered the realization of green economy in China. After examining the dataset of 15,996 firm-year observations from 2,688 listed firms, this paper found that, in the presence of central government supervision and personnel intervention, listed local SOEs will be forced to improve their environmental performance in accordance with standards set by the central government, which leads to better environmental performance than that of listed private firms (private firms). The result of two-stage regression also supports the conclusion. This shows increased supervision and personnel intervention from the central government can significantly improve the environmental performance of local SOEs. The research in this paper expects to make a contribution to attaining the goal of green economy in China.

Does Multinationality Matter the Firm Performance?

  • WU, Renhong;HE, Yugang;HOSSAIN, Md. Alamgir
    • 유통과학연구
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    • 제17권7호
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    • pp.45-53
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    • 2019
  • Purpose - The relationship between multinationality and performance has become a hot topic in academic circles and is very important for multinational firms, especially for Chinese multinational firms, who need more experience to enter the international market. Given this background, this paper attempts to figure out the importance of multinationality to China's firm performance and to explore whether the Four-stage Theory can also be applied to China's firms. Research design, data, and methodology - We employ the panel data of 435 multinational firms from 2008 to 2017 chosen from China's A-shares to conduct an empirical analysis by using a fixed-effects model. In the paper, the performance is represented by ROA (return on assets), treated as a dependent variable, and multinationality is represented by FSTS (foreign sales/total sales), treated as an independent variable. Results - We find that the performance first decreases then rises, then falls down, and rises again in the end. Hence there is a W-shaped relationship between the multinationality of the Chinese manufacturing industries and firm performance, proving that the four-stage theory is also applicable to Chinese multinational firms. Conclusions - These empirical results can provide some advice for policymakers to improve the firm performance such as reducing the logistics cost of multinationality.

The Precondition of Benefits from IFRS Adoption: Financial Statement Comparability

  • JUNG, Do Jin;HUR, Ji An;JUNG, A Reum
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.255-265
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    • 2020
  • This study examines whether the adoption of International Financial Reporting Standards (IFRS) has increased financial statement comparability among firms and reduced undervaluation of Korean firms in the capital market by enhancing financial statement comparability. The so-called Korea Discount, which indicates an inefficient allocation of capital, has been attributed to lack of transparency and comparability of accounting information. Therefore, an efficient distribution of capital in the market was intended when IFRS was first adopted in Korea, but such progress is based on a premise of enhancement in Korean firms' accounting information comparability. This study conducts empirical analysis by using a comparability measure by De Franco et al. (2011). More specifically, it analyzes differences among comparability of domestic firms following IFRS adoption, with firms in the EU, which adopted IFRS in 2005, and with firms in the U.S., China and Japan that do not follow IFRS. The analysis of changes in domestic firms' comparability finds that their comparability improved following IFRS adoption. Meanwhile, the examination of cross-national differences in comparability demonstrates that, although there has been no significant change in comparability with firms in the U.S. and the EU across Korean industry since IFRS adoption, comparability with China has decreased while that with Japan improved.

3PL 사업의 중국진출을 위한 전략 연구 (A study of strategy to start 3PL business in China)

  • 원유존;윤준섭;강경식
    • 대한안전경영과학회지
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    • 제8권1호
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    • pp.181-194
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    • 2006
  • Economic and political barriers in Northeast Asia including Korea have been eliminated gradually. As results of economic relations are more active in this region. The administration of physical distribution tightened circulation- cost down. This is one of the most important facts to develop world economy. Distribution in China is expected to grow quantitatively and continuously. China is just out of planned economic system. Therefore, it is expected that foreign affiliated firms will take a fierce competition for the next $1\sim2$ years. This study investigates Korea-China trade and distribution index with analysis and expectation of China market. The study analyzes the business conditions, faced problems and differentiated strategies of foreign affiliated firms. Be based on those, it is researched how domestic companies will make strategies to start China successfully.

China's National Innovation System Reform and Growing Science Industry Linkage

  • Motohashi Kazuyuki
    • 기술혁신연구
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    • 제14권2호
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    • pp.49-65
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    • 2006
  • In this paper, innovation policies for systems reform in China since the middle 80's are surveyed and its impacts on science industry linkage activities are investigated by looking into (1) technology market, (2) S&T outsourcing activities of firms and (3) co-invention patents by applicants in firms, universities and public research institutions. All of these findings suggest that the role of science sector in China's economic development process has become larger, and double skin problem (separation of science and industry sector) in China's innovation system has been gradually solved by a number of policy actions to facilitate science industry linkages.

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ERP 시스템적 요인에 따른 성공적인 구축전략에 관한 연구: 한.중 기업 중심으로 (A Study of ERP Construction Strategies by System Factors: Based on Case Studies of Korea and China Firms)

  • 김창해;권영직;최군;이상훈;김수연
    • 한국산업정보학회논문지
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    • 제17권3호
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    • pp.69-81
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    • 2012
  • 본 논문은 한국 기업 2개와 중국 기업 2개를 선정하여 ERP 시스템적 요인별로 성과 분석을 실시한 후 성공적인 ERP 시스템 구축을 위한 전략을 제시하였다. 이와 같은 목적을 달성하기 위하여 본 논문에서는 ERP 시스템의 편의성, ERP 시스템의 유연성, ERP 시스템의 활용성 요인별로 문헌연구 및 실증분석을 하였으며, 또한 한국과 중국 기업 간에 ERP 시스템적 요인별로 비교분석을 하였다. 이를 토대로 본 논문에서는 3개의 ERP 시스템적 요인별로 성공적인 ERP 시스템 구축을 위한 전략을 제시하였다.