• Title/Summary/Keyword: Company Size

Search Result 1,033, Processing Time 0.033 seconds

Analysis of Financial Ratios of the Korean Coastal Passenger Shipping Company and Proposal for Improving their Business Performances (한국 연안여객선업체의 재무상태 분석과 경영개선 방안)

  • 노창균
    • Journal of the Korean Society of Marine Environment & Safety
    • /
    • v.8 no.1
    • /
    • pp.1-14
    • /
    • 2002
  • This paper discusses the analysis of financial ratios of the Korean coastal passenger shipping company 1997 and 2000. Coastal passenger shipping company shows a very high ratio of the fixed-assets because these shipping company own relatively expensive ships. The current debts are composed of short-term borrowings and lease and the ratio of the current debts is rather high considering to the size of shipping company. The equity ratio of passenger shipping company has recently been decreased, but the debt ratio has been increased. Both the profitability and activity ratios have grown worse in recent years. In order to improve the performance of coastal passenger shipping company, they should develop the leisure facilities and good items to attract travellers.

  • PDF

Analysis of the Effectiveness of Government Support Project of Excellent Manufacturing Innovation Companies from the Perspective of Growth Ladder (성장사다리 관점에서의 우수제조혁신기업의 정부지원사업 효과성 분석)

  • Chan-Woo Jeong;Hae-Soo Lee;Byoung-Gi Kim;Myung-Jun Oh
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.46 no.spc
    • /
    • pp.19-30
    • /
    • 2023
  • Recently, the government has provided support such as entering new markets, expanding sales channels, and supporting manpower, not just in the form of funding, to efficiently and effectively support limited national resources to improve corporate performance. In this study, we tried to find out the effect of government support for companies that have benefited from the Excellent Technology Research Center Project (ATC Project) and the World Class 300 project using propensity score matching. As a result of the analysis, the effect of government support for the ATC project became visible after the appointment period, while the effect of the World Class 300 project was insignificant. This means that when the size of the company is small, the effect of government support is more pronounced. This suggests that in order to maximize the effectiveness of government support, appropriate national policy interventions such as government innovation funding are needed when the size of the company is small. In this study, differences in the timing, performance indicators, and company size of policy support effects were found in the growth stage of a company from a mid- to long-term time series perspective, suggesting that support policies based on this need to be adjusted and redesigned.

Impact of quality management system process implementation on differentiated competitive advantage and management performance: the moderating effect of company size (창업기업의 품질경영시스템 프로세스 실행이 차별화 경쟁우위 및 경영성과에 미치는 영향: 기업 규모의 조절효과)

  • Jeong, Heon Bae;Lee, Hyun-Woo
    • Journal of Digital Convergence
    • /
    • v.18 no.6
    • /
    • pp.225-235
    • /
    • 2020
  • The purpose of this study is to identify the effect of the start-ups' quality management system implementation on differentiated competitive advantage and management performance, and to verify the effect of the moderating effect of company size between the quality management system implementation and differentiated competitive advantage. A questionnaire was conducted for start-ups and 259 samples were analyzed using SmartPLS 2.0. First, it was found that leadership, planning, support, operation, performance evaluation, and improvement have a positive effect on differentiated competitive advantage, and contexts of organization does not have a positive effect. Second, differentiated competitive advantage has a positive effect on financial and non-financial performance. Third, company size has a moderating effect in the relationship between leadership, support, operation, improvement and competitive advantage. The results of the study can be interpreted that the quality management system improves the quality of start-ups and has a positive effect on management performance. In addition, it implies that the organizational situation and the size of the company should be considered when implementing the quality management system.

An Empirical Study on Success Factors of Knowledge Management in Korean Firms : Focus on Comparison by Company Size and Industry Type (지식경영의 성공요인에 관한 실증적 연구: 기업규모 및 업종별 비교를 중심으로)

  • SUH, DOWON;Lee, Deog-Ro;Kim, Chan-Jung
    • Knowledge Management Research
    • /
    • v.7 no.2
    • /
    • pp.69-96
    • /
    • 2006
  • The purpose of this study is to find success factors of knowledge management in Korean firms, confirm them empirically, and verify their relative importance in terms of company size and industry type. The major studies on the knowledge management were deliberately selected and interpretively analyzed to find the success factors of Korean firms. As a result of the analysis, five success factors(top management's will, evaluation reward, organizational culture, knowledge management system, organizational structure) have been found. The empirical researches to make certain whether the above five factors derived are actually true or not have been separately performed by using questionnaire method. Based on the data collected, it is found that all five factors are significant. The degree of relative importance among the success factors of knowledge management in Korean firms has been found as: (i)top management's will, (ii)organizational culture, (iii)evaluation-reward, (iv)knowledge management system, (v)organizational structure. In company size, large firm's degree of relative importance among the success factors are: (i)top management's will, (ii)organizational culture, (iii)evaluation-reward, (iv)knowledge management system, (v) organizational structure. And medium-small firm's degree of relative importance among the success factors of knowledge management in Korean firms has been found as: (i)top management's will, (ii)organizational culture, (iii) evaluation-reward, (iv)knowledge management system, (v)organizational structure. Finally, in type of industry, manufactural firm's degree of relative importance among the success factors of knowledge management in Korean firms has been found as: (i)top management's will, (ii)organizational culture, (iii)evaluation-reward, (iv)knowledge management system, (v)organizational structure. And non-manufactural firm's degree of relative importance among the success factors of knowledge management in Korean firms are: (i)top management's will, (ii)organizational culture, (iii)evaluation-reward, (iv)knowledge management system, (v)organizational structure.

  • PDF

Study on the Characteristics of R&D Investment Pattern for the Middle Site Companies (중견기업의 R&D투자 특징과 원인 연구)

  • Ko, Sung-Jin;Kim, Karp-Soo
    • Journal of Korea Technology Innovation Society
    • /
    • v.12 no.3
    • /
    • pp.525-544
    • /
    • 2009
  • There's a way to recover unbalanced industrial structure between large size company (LEs) and small size company(SMEs). It's called middle size company (MEs) which can be the magic bullet for Korea to be more healthier than ever. but there are problems with MEs in Korea. Not only the number of MEs is too low compared to developed country's but also the status of amount of research developmental revenue, R&D concentration isn't that satisfied. That's why we need to focus on MEs which was out of center stage until now. Before discussing about how to foster MEs, we need to know what cause MEs makes weak. This research contains actual condition of R&D investment in MEs based on data from Korea information service. Also, survey data can help to know exact factor which make hard to invest research development. Expecially, this research give the answers that relation between the course of growth and concentration of R&D which was observed that has reciprocal relationship.

  • PDF

A Study on Factors Affecting the Degree of RPA Patching Using the TOE Framework - Focusing on the Effect of Adjusting the Size of Small and Medium-sized Businesses - (TOE 프레임워크를 활용한 RPA 도입 의도에 미치는 영향 요인 연구 - 중소기업 규모의 조절효과를 중심으로 -)

  • Kwak, Young-Ki;Lee, Won-Boo
    • Journal of Korean Society for Quality Management
    • /
    • v.52 no.1
    • /
    • pp.149-172
    • /
    • 2024
  • Purpose: By empirically analyzing factors that affect the intention to introduce RPA, we aim to increase understanding of RPA introduction in small and medium-sized businesses and contribute to establishing an effective introduction strategy. The aim is to improve the company's productivity, reduce costs, and strengthen its competitiveness. It also provides policy recommendations for the introduction of RPA. Methods: A survey was conducted to examine whether the technical, organizational, and environmental factors of the TOE framework had an impact on the intention to adopt RPA. We also used stepwise regression analysis to determine whether firm size moderates this relationship. Results: Technical factors, organizational factors, and environmental factors were all found to have a significant impact on small and medium-sized enterprises' intention to adopt RPA. It was confirmed that company size has a moderating effect affecting the intention to adopt RPA. In particular, customer pressure, relative advantage, competitive pressure, age, government support, and the perceived ease of use of RPA was a key determinant of its adoption by small and medium-sized enterprises. Conclusion: This suggests that small and medium-sized businesses should comprehensively consider technical, organizational, and environmental factors when introducing RPA. It is expected to increase understanding of RPA introduction in small and medium-sized businesses, contribute to establishing effective introduction strategies, and contribute to improving company productivity, reducing costs, and strengthening competitiveness.

A Study on the Effect of Management Innovation Models on Management Quality by Company Size : Focused on the Criteria of MBNQA & Korean Quality Award (기업 Size에 따른 경영혁신모델도입이 경영품질에 미치는 효과에 관한 연구 : 말콤볼드리지(MBNQA) 및 한국의 품질경영상 기준으로)

  • Hong, Seung-Pyo;Chung, Kyu-Suk;Park, Sang-Moon
    • Journal of Korean Society for Quality Management
    • /
    • v.33 no.4
    • /
    • pp.1-11
    • /
    • 2005
  • This paper investigates the effect of introducing MBNQA Model, a representative execution system of TQM with strong management innovation capability, and its Korean version, Korean Quality Award Model, to the Korean companies and analyzes the effect to find out whether the application has improved companies' management quality. The empirical result of this study not only provides the company planning to adopt those management innovation models to enhance their management quality with practical guidelines but also suggest a direction to the first class company.

Development of a Program for the Analysis of Management Cost for the Entrusted Farming Company (위탁영농회사의 이용비용분석 프로그램 개발)

  • 황종상;장동일
    • Journal of Biosystems Engineering
    • /
    • v.22 no.3
    • /
    • pp.351-362
    • /
    • 1997
  • This study has been performed to develop a program which can help the management of the entrusted farming company(EFC). An algorithm for machinery cost estimation and computer programs were developed and those were tested with sample data of EFC for the fm size of 50 ha. The results of the test showed for the farm size of 50ha that tillage cost was 18, 785 thousand won ; 23, 441 thousand won for the transplanting, 24, 904 thousand won for the combining, and 4, 024 thousand won for drying. An algorithm for the critical entrusted In analysis and a computer program were developed and those were tested with data estimated. The results showed that tillage fee was 376 thousand won per ha, 496 thousand won for transplanting 495 thousand won for combining and, 32, 480 won per ton for drying. The algorithms and a computer program were developed for the analysis of the critical optimum working area when the entrusted working fee was provided.

  • PDF

Construction Company TQM Impact on the Activities Performance (건설회사 TQM 활동이 성과에 미치는 영향)

  • Kim, Ja-Yeon;Kang, In-Won
    • Journal of the Korea Safety Management & Science
    • /
    • v.17 no.3
    • /
    • pp.319-330
    • /
    • 2015
  • This study examines the factors configuration management quality of the construction company, and to analyze the impact of these factors on Project Performance and Company Performance. That quality construction management configuration factors, chief executives, corporate strategy, organizational management, information technology, and partners five variables, Project Performance variables, process management, quality management, cost management, safety management, environmental management five variables, and Company Performance parameters of financial competence and organizational satisfaction, quality of work three variables, the overall causal relationship between the presence of specific activities and management quality, classified according to the size of the company were verified by the difference in impact between the two groups.

Strategic Options for Internationalization in Korean Organizations

  • Yum, Ji-Hwan;Park, Byoung-Jin
    • 한국디지털정책학회:학술대회논문집
    • /
    • 2005.11a
    • /
    • pp.323-335
    • /
    • 2005
  • Globalization of economy brings both opportunities and threats especially for companies in developing countries such as Korea. Globalization is an opportunity because it may expand the size of market for the company where globalization brings a threat for developing global competitiveness. If the company has already built competitive advantage in its business domain, the company can easily transfer market growth to profit improvement. However, if the company has not developed competitive advantage, globalization of economy will give a serious threat for the survivor of the company. The company might lose its own domestic market share. For the less famous brand of product or company name, international expansion is a challenging strategy. The study evaluated organizational performance of companies that try international expansion by utilizing Miles and Snow's strategy typology. We clustered organizations based on their strategy typology (prospector, analyzer, defender, and reactor) in view of the level of product diversification, new product development instances, level of localization, and autonomy of foreign subsidiary. With the strategy typology, we evaluated international strategy in view of product competitiveness, marketing strategy, human resource strategy, and organizational strategy. The regression result demonstrates that the performance of the company is significantly higher when the company employs prospector strategy. We also found out that product quality and emphasis for developed countries in international expansion are the most important factors for success.

  • PDF