• The Korean Journal of Health Service Management
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• v.12 no.4
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• pp.127-138
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• 2018

Objectives: The purpose of this study was to identify the intrinsic strengths and weaknesses, as well as opportunities for success and threats of Korean health care industry when planning strategies to enter Chinese health care market. Methods: To suggest directions for planning the strategies, a SWOT(Strengths, Weaknesses, Opportunities, Threats) analysis was used in combination with an AHP(Analytic Hierarchy Process) in this study. A total of twenty SWOT factors and the relative weight of SWOT groups were examined through a survey on the respondents who have work experiences in the area of entering Chinese market. Results: "Geographical proximity between Korea and China" was recognized as a key strength. "Absence of success case in medical service industry" was selected as a critical weakness. "Increase in demand for advanced medical services in China" was identified as an important opportunity. "Difficulty in establishing Korea-China partnership" was considered as a major threat. The respondents prioritized weaknesses, followed by threats, opportunities, and strengths when conducting strategic planning to enter Chinese health care market. Conclusions: Improving local hospital management plan as well as specializing in certain health care services may be necessary.

• Asia-Pacific Journal of Business
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• v.14 no.4
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• pp.255-273
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• 2023

Purpose - This study examines whether internal control has an effect on stock price informativeness about future earnings. High quality internal control provides continuous assurance for the quality of financial reports, and these future earnings-related information is accurately reflected in the current stock price. Design/methodology/approach - This study collected 12,862 data from 2006 to 2021 in China to make an empirical analysis using the future earnings response coefficient (FERC) and the multiple regression analysis were hired in order to analyze the data. Findings - We find that internal control strengthens the association between current returns and future earnings, indicating that more information about future earnings is reflected in current stock prices. This positive effect exists in both the main board market and the growth enterprise market of China's stock market, especially in the main board market after the implementation of the internal control policy. In addition, we find that the positive effect is weaker for firms that report internal control deficiencies or receives non unqualified internal control audit opinions. The results using earnings persistence yield similar findings, further supporting the results based on the FERC model. Research Implications or Originality - Our tests provide strong evidence that the quality of internal control affects FERC in China stock market.

• Journal of the Economic Geographical Society of Korea
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• v.3 no.2
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• pp.23-42
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• 2000

This study is to investigate spatial patterns of urban labor market growth driven by marketization process and its implication for understanding regional uneven development in post-reform China. Using a shift share analysis, it shows that the geography of employment growth in China's industrial labor market has closely interacted with the space economy of industrial output, which in turn indicates a deepening of economic reform. By decomposing net employment growth into output and productivity effects, it is shown that the non-state sector holds rapid growth of both output and productivity and contributes to net employment growth through positive net shifts. On the contrary, this study also presents that the state sector with relative decrease in output and productivity holds employment decline effects during the reform period. Since there is a significant spatial dimension for the trend above, it is contended that labor market dynamics together with space economy of industrial production play an important role in determining regional patterns of economic development. In addition, through situating this investigation in the context of structural and institutional changes in the reform period, our understanding of regional patterns of labor market growth will be much furthered.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.833-836
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• 2008

The construction industry has maintained a strong level of development in China in recent years. And with the steady development of the national economy, the construction industry will continue its momentum of growth in the coming years, which indicates a great tendering market in China. To gain a comprehensive understanding of Chinese tender market, a research based on construction laws and tendering laws was carried out. This research focused on differences of the tender environment between China and Korea, such as construction company certificate, bidding procedure and so on.

• Journal of Technology Innovation
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• v.14 no.2
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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.

• Journal of Dairy Science and Biotechnology
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• v.23 no.1
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• pp.49-63
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• 2005

China that holds various and plentiful food resources had little growth in dairy industry compared with her long history. But after the establishment the People's Republic of China, It began to activate. Because of the economic growth and the improvement of living standard of China, dairy products were becoming common food, so Chinese dairy industry was considering as a industry which accomplishes a rapid growth. On the ground of a sudden economic growth, the progress of income level of China and the open economy, the world dairy industry was concerned about the Chinese market, so, the Chinese dairy industry would bring an exorbitant change in the world dairy industry. Therefore, We Korean dairy industry must make inroads into the Chinese market by making a royalty profit through the transfer of technical know-how and the export of dairy products.

• Journal of the Korea Safety Management & Science
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• v.7 no.5
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• pp.233-241
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• 2005

The most important thing in the garments enterprises is fast reaction. Expecially in the China has both many population and large territory, so each region of China, for instance, northeast, northwest, huanan, huabei, has various climate and considerably different temperature. As a result China garments enterprises require different clothes at the same time. This study build a reliable market-response process as a sub module of SCM that lay emphasis on production and sale cope with specific character of China. This process build a information chain including manufacture-planning, manufacture-ordering, production, arrivals of goods, distribution, sale, sale-evaluation, cross shipment, supplement shipment, and ordering popular goods and similar products. As a result of those, the focused points of this process are real time data gathering and various analysis of data, so it can be possible supporting more faster and more accurate market decision making system and our proposed goal is accomplishment of management profit.

• Journal of Korea Trade
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• v.23 no.5
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• pp.1-26
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• 2019

Purpose - We examine the disclosures on foreign divestment from China by 77 Korean firms between 2007 and 2016 to identify the effects (and their determinants) on parent firm value. Design/methodology - We analyze how divestment affects firm value by examining the disclosure of divestment from China by Korean firms. Then, we examine the determinants of these disclosure effects using cross-sectional regression analyses. Findings - We find negative effects on parent firm value in the short and medium term, and both the KOSPI and KOSDAQ stock markets show negative correlations between foreign divestment and firm value. The parent firm's financial condition and profitability and the reason for divesting are statistically significant determinants. Practical implications - Most Korean firms in China belong to the manufacturing industry. As a result, divestment signifies a loss of important manufacturing bases and assets. Originality/value - We analyze foreign direct divestment, which has not been studied in detail previously owing to a lack of data. In addition, this research is the first to compare the disclosure effects in the KOSPI market with those in the KOSDAQ market for the same period.

• Asian Journal of Innovation and Policy
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• v.11 no.2
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• pp.238-257
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• 2022

As the global epidemic continues to worsen, the pressure on the supply chain is also increasing. In this context, Internet shopping has ushered in new development opportunities. Under the influence of globalization, the development of cross-border e-commerce (CB-EC) is particularly remarkable. As China is a big manufacturing country, the growth of CB-EC is a significant opportunity for Chinese goods to enter the international market. Therefore, this paper comprehensively analyzes the current situation of the integrated development of China's manufacturing industry and CB-EC from four aspects: the operation mode, development mode, policy environment, and development prospect of CB-EC in China's manufacturing sector. This paper constructs an evaluation system including 19 secondary indicators to rank the CB-EC development environment of 30 provinces in China that have established comprehensive pilot zones of CB-EC.

• Journal of Korea Trade
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• v.27 no.3
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• pp.161-178
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• 2023

Purpose - purpose of this paper is to analyze the effects of the investment facilitation levels of 11 RCEP countries (excluding Myanmar, Brunei, and Laos due to lack of data) on China's outward foreign direct investments(OFDI) using balanced panel data from 2010 to 2019. Design/methodology - First, four investment facilitation measurement indicators (regulatory environment, infrastructure, financial market, ease of doing business) were selected,investment facilitation scores of the 11 countries were obtained using the principal component analysis, an investment gravity model was established with nine explanatory variables (investment facilitation level, market size, population, geographic distance, degree of opening, tax level, natural resources, whether the country is an APEC member or not, and whether a valid bilateral investment treaty with China has been concluded) were used to establish an investment gravity model, and regression analyses were conducted with OLS and system GMM. Findings - The results of the regression analyses showed that investment facilitation levels had the greatest effect on China's OFDI, all four first-level indicators had positive effects on China's OFDI, and among them, the institutional environment had the greatest effect. In addition, it was shown that explanatory variables such as market size, population, geographical distance, degree of openness, natural resources, and whether or not a valid bilateral investment treaty has been concluded would have positive effects on China's OFDI, while tax levels and APEC membership would impede China's OFDI to some extent. Originality/value - Since the Regional Comprehensive Economic Partnership (RCEPT) came into effect not long ago, there are not so many studies on the effects of investment facilitation levels of RCEP member states on China's OFDI, and the investment facilitation measurement index constructed in this paper is relatively systematic and scientific because it includes all the contents of investment facilitation related to the life cycle of company's foreign direct investments.