• 제목/요약/키워드: Companies in China

검색결과 700건 처리시간 0.026초

Do Government Subsidies Crowd In or Crowd Out R&D Investment? Evidence from China's Animal Husbandry Companies

  • XU, Jian;SIM, Jaewoo
    • Asian Journal of Business Environment
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    • 제10권4호
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    • pp.5-13
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    • 2020
  • Purpose: The purpose of this paper is to empirically investigate the relationship between government subsidies and research and development (R&D) investment of animal husbandry companies in China. The moderating effects of firm size, debt ratio, and firm profitability on this relationship are also examined. Research design, data and methodology: The analysis is based on 14 animal husbandry companies listed on the Shanghai and Shenzhen stock exchanges over the period of 2012-2016. Data are obtained from the China Stock Market & Accounting Research (CSMAR) database and the RESSET database, and multiple regression analysis is utilized with the aid of Stata. Results: The empirical results show that government subsidies can promote R&D investment of animal husbandry companies in China. In addition, firm size, debt ratio, and firm profitability have positive moderating effects on the relationship between government subsidies and R&D investment. Conclusions: Based on the results, the paper concludes that government subsidies play an important role in the process of R&D of China's animal husbandry companies. This paper recommends that managers of animal husbandry companies should enhance the utilization efficiency of government subsidies and put great emphasis on R&D investment. The policymakers should implement more incentives to encourage animal husbandry companies to invest more in R&D.

중국국제경제무역중재위원회(CIETAC)의 중재규칙에 관한 연구 (A Study on the China International Economic and Trade Arbitration Commission(CIETAC) Arbitration Rules)

  • 우광명
    • 한국중재학회지:중재연구
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    • 제16권1호
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    • pp.121-151
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    • 2006
  • As globalisation extends its effect and particularly following China's accession to the World Trade Organization(WTO) in 2001, ever greater numbers of international transactions will feature a Chinese party. China has certainly made efforts in recent years to rectify law problem. While conducting business in China, foreign companies occasionally find themselves embroiled in disputes with Chinese individuals and companies. As foreign businesses invest in the extraordinary market opportunities in China, international arbitration has also become the preferred method for handling disputes with Chinese partners or with other foreign corporation over operations in China. The new Arbitration Rules of the International Economic and Trade Arbitration Commission(CIETAC) came into force on 1 May 2005. The new rules represent a major overhaul of CIETAC arbitration procedures and are sure to enhance CIETAC's position as a leading player in the resolution of China-foreign business disputes. The changes are significant for all companies doing business in China. So, this article investigated some amendments on the basis of 2000 Rules.

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대중국 소자본 농업투자 진출 방안에 관한 연구 (Strategies for Korean Agribusiness Investment in China)

  • 배성의
    • 농촌지도와개발
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    • 제18권2호
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    • pp.315-333
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    • 2011
  • Korea and China have a similar agricultural background and they have an analogical culture and custom of food. In addition, they are located close. Thus, their agricultural sectors easily have effected each other. The purpose of this study is to review the history and situation of Chinese agribusiness, to analyze the status of Chinese investing policy which is varied after China joining in WTO, and to suggest the ways that Korean companies can successfully invest in the Chinese agribusiness sector. In addition, we explore the cases that foreign companies in Hongkong invest in the Chinese agribusiness sector. Korean companies must have a special knowledge about Chinese laws and custom of business. They also have to make a good partners who help their business. Second, before Korean companies investing in the Chinese agribusiness sector, they must carefully choice investing items. These items have to satisfy several conditions, accessing to international market as well as Chinese market and that politic assistance of Chines government is rendered. Third, when Korean companies invest in the Chinese agribusiness sector, the scale of invest would better not be large. In addition, Korean companies have to make a joint-venture company in China and build vertical integration.

Analysis on Output Efficiency of Chinese Listed Port Companies Based on DEA Model

  • XU, Yan;KIM, Hyung-Ho
    • 동아시아경상학회지
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    • 제9권1호
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    • pp.41-51
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    • 2021
  • Purpose - The purpose of this study is to propose strategies of improving efficiency of 20 listed port companies in China based on analysis of their input-output indexes from 2014 to 2018. Research design, data, and methodology - In this paper, the relevant input-output indicators of 20 listed port companies in China from 2014 to 2018 were adopted. Data derived from the company annual reports announced by Shanghai stock exchange and Shenzhen stock exchange. Comprehensive efficiency and pure technical efficiency were measured from output perspective by DEA and Malmquist index, and efficiency changes and regional efficiency were analyzed. Result - The results showed that the efficiency value of 20 listed port companies in China fluctuated and increased during 2014-2018, regional efficiency was unbalanced, and change of MPI was influenced by internal factors and external factors. Listed port companies affected by internal and external factors needed to make appropriate response to internal and external factors. Conclusion - The research conclusion can provide important reference information about management and planning for port companies in China and related areas. However, this paper is limited to the availability of data. So the improvement scheme for listed companies in inefficient regional ports needs further study, such as using AHP method.

국내 외식 프랜차이즈 기업의 중국 시장진출 리스크와 회피전략 연구 (A Study on the Risks and Avoidance Strategies of Franchise Food Companies to Entry Chinese Market)

  • 장광희
    • 아태비즈니스연구
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    • 제10권2호
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    • pp.65-77
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    • 2019
  • The after China's reform and opening up, the country has been facing the era of material abundance based on its economic power. The Chinese food industry has been growing along with economic growth, high quality, and diversified customer needs. Also, as Chinese people have strong attachment to food, many food franchise companies have been also growing rapidly. As the Chinese government encourages and supports the field of food franchises, so that the quality and quantity of the Chinese restaurant industry have been improved largely. Meanwhile with the support of the Korean government to enter the overseas market, the number of Korean franchise companies are increasing to operate their business in China. Under the influence of Chinese food industrial climate, Korean companies are also in search of global market advancement to China. However, the risks in China are unexpectable, which means that the recent move of China is literally showing rugby action, criticism of operating businesses in China has been climbed up and the domestic SMEs are seriously considering whether to stay or leave. This study investigates the environmental risks of Chinese enterprises, in which the food franchise companies could experience, to manage any risks from entering the Chinese market with uncertainty. Through SWOT analysis and cases, strategies to avoid the risks are suggested for Korean companies to enter the Chinese markets. Therefore, this study researches in the current status of Chinese and Korean restaurants, explores any risks in China in terms of exports to China and market advance, develops strategies to avoid those risks, and provides essential suggestions for entering into Chinese market.

중국 디지털 문화산업 상장기업의 기술혁신 효율성에 관한 연구 (A Study on Technological Innovation Efficiency of Listed Companies in China's Digital Cultural Industry)

  • 동호;배기형;장몽택
    • 한국콘텐츠학회논문지
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    • 제22권3호
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    • pp.369-379
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    • 2022
  • 과학기술과 문화산업의 융합이 심화되면서 중국의 디지털 문화산업이 부상하고 있다. 디지털 문화산업은 디지털 경제 시대에 문화소비에 대한 새로운 욕구를 충족시켜 소비자들에게 신선한 경험을 선사하고 있다. 본 논문은 중국 A주 36개 디지털 문화 상장기업의 2018년~2019년의 공개 데이터를 이용하여 중국 디지털 문화산업 상장기업의 기술혁신 효율성 평가지표체계를 구축했다. 자료포락분석(DEA)을 활용하여 36개 중국 디지털 문화산업 상장기업의 기술혁신 효율성을 평가했다. 연구 결과는 다음과 같다. 첫째, 중국 상장기업 36곳은 기술혁신 효율성이 낮다. 둘째, 상장기업의 연구개발 자원의 배치가 불합리하다. 셋째, 상장기업 간 기술혁신 효율성의 차이가 크다. 따라서 연구개발 자금 투입의 확대, 연구개발 자원의 합리적 배치, 연구개발 인력 도입과 육성 확대, 효과적인 동적 인센티브 메커니즘 구축, '정산학연용(政产学研用)'의 긴밀한 결합 촉진 및 정부 정책의 충분한 발휘 등의 조치를 통해 중국 디지털 문화산업 상장기업의 기술혁신 효율성을 제고해야 한다.

한국기업의 중국 물류시장 진출전략에 관한 연구 (A Study on the Korean Companies' Entry Strategy in China Logistics Market)

  • 최석범
    • 통상정보연구
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    • 제11권2호
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    • pp.83-110
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    • 2009
  • China's logistics industry is an growing one at a very higher rate, owing to the rapid expansion of the country's industrial base and the rise of domestic consumer markets. Essential to the development of china's economy, policy makers have paid constant attention to the logistics sector which is attracting growing volumes of both foreign and domestic investment. The inefficiencies are exacerbated by a number of factors such as transportation bottlenecks, regulatory constraints and local barriers to entry. Foreign and foreign-invested logistics companies have typically cornered the express delivery (for example DHL, FedEX), sea freight forwarding and specialized logistics services (for example Hanjin Shipping). The purpose of this paper is to contribute to the activation of Korean companies' entry into China's logistics market by studying the strategies and types for Korean companies enter into China's logistics Market.

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The Economic Collaborative Tasks in China: New Role for the 4th Logistics Party

  • Choi, Yong-Rok
    • 통상정보연구
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    • 제7권2호
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    • pp.205-216
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    • 2005
  • The ever-expanding Chinese economy has affected the Korean economy in many respects. So many companies, including most of major groups, has increased their economic collaborative businesses in China. Due to the sandwich situation of the economic competitiveness, many Korean companies has been seeking for the lower production costs in China, while other high-tech companies also for the prospective markets in China. Nonetheless all the Korean FDIs in China have been seriously connected with its global supply chain management. In order to promote this kind of collaboration across the border, the 4PL kind of tasks are needed. The study suggests these tasks in terms of 3 categories of Pre-Feasibility/ Business Planning, Cultural Localization, and Networking Economies/ Relationship Management. Most of all, the collaboration across the border may promote the final vision of the FTA in the Far-east Asian countries.

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A Survey on the Logistics Service Providers in China

  • Fu, Qin Qin;Bae, Jung-Han
    • 무역상무연구
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    • 제40권
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    • pp.65-96
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    • 2008
  • This paper analyses the results of a survey questionnaire which is made for logistics service providers in Shanghai, China. Based on 177 valid providers' responses, the study results show that the logistics industry of China consists mainly of small and medium-sized companies. Furthermore, most of the logistics companies are highly capable of providing traditional logistics services and lack of the capability to provide other value-added logistics services. Their self-assessments indicate that they generally perform well in different types of performance measures. This study indicates that the market for 3PL services in China has a reasonable potential for further development, though 3PL practices are still at a nascent stage in China. This paper presents full details and implications of the results of the survey and then tries to provide some helpful suggestion for the development of Chinese logistics companies.

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국내 중소·벤처기업의 중국진출 경영위험요인에 관한 연구 (A Study on the Management Risk Factors of Korean Firms in China)

  • 이동훈;이동명
    • 무역학회지
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    • 제42권1호
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    • pp.1-25
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    • 2017
  • 본 논문에서는 계층화 분석법(AHP)을 활용하여 중국진출 중소·벤처기업의 경영위험요인의 중요도와 우선순위에 대하여 분석하였다. 분석 결과를 보면 제조기업의 경영위험요인의 중요도는 인건비 상승, 치열한 시장경쟁, 인사관리 문제, 재료비 상승 순으로 나타났다. 제조품목별 분석결과를 보면, 전자제품의 경우는 인건비 상승과 더불어 조세정책 변화가 주요요인으로, 화학제품은 환경보호법 강화가 중요한 요인으로, 자동차부품의 경우에는 인건비 상승외에 재료비 상승 또한 주요 위험관리요인으로 분석되었다. 중국 진출시기별로는 1990년대 진출한 기업은 치열한 시장경쟁 및 조세정책 변화가 주요 위험요인으로, 2000년대 진출한 기업의 경우 재료비 상승 등이 인건비 상승 외에 중요한 관리요인으로 분석되었다.

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