• Title/Summary/Keyword: Corporate Environmental Performance

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Relative Efficiency of Taxi Services by Data Envelopment Analysis among Cities and Counties in Gyeonggi Province (DEA를 이용한 경기도내 시·군별 택시서비스 효율성 분석)

  • Kim, Dae Hoon;Jang, Tae Youn;Song, Je Ryong
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.33 no.4
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    • pp.1571-1580
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    • 2013
  • This study analyzes the relative efficiences through satisfaction on taxi services of thirty-one cities and counties in Gyeonggi Province. The DEA (Data Envelopment Analysis) is used to measure efficiencies on the privately owned taxies and the corporate taxies respectively. Efficiency in the DEA is measured relative to the highest observed performance rather than against some average. Pyeongtaek, Pocheon, Osan, Yangpyeong, and Gapyeong have the highest efficiency in the private owned taxies. And Pyeongtaek, Pocheon, Osan, and Gapyeong have the highest one in the corporate taxies. These cities and counties have the ability to use less resources for equal efficiency relative to others. Rank-sum test proves that there is no statistical difference in efficiency between the privately owned taxies and the corporation owned taxies.

Global Project Finance Trends and Commercial Risk Analysis (글로벌 프로젝트 파이낸스 최근 동향 및 상업위험 분석)

  • Kim, Sang Man
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.61
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    • pp.273-302
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    • 2014
  • Project finance ("PF") is a method of raising long-term debt financing based on lending against the cash flow generated by the project alone. Project finance is a nonrecourse or limited recourse financing structure against the sponsors(or the investors). The debt terms in a project finance are not based on the creditor's credit support or on the value of the assets of the project. Lenders rely on the future cash flow to be generated by the project for debt repayment and interest, rather than the value of the project or the credit ratings of the sponsors. The non-recourse or limited recourse financing usually prompt potential project finance lenders to assess carefully all possible risks that might arise in a project to ensure that those risks are mitigated and controlled. In this respect, project finance is a opposite financing method of corporate finance. Project finance has rapidly grown over the last 20 years due to the worldwide process of privatization of public sector and development of natural resources. Global project finance volume reached the record USD 406.5 billion in 2011. In 2012, however, Global project finance volume dropped 6% to USD 382.3 billion. Infrastructure overtook Energy to lead all sectors with USD 113.6 billion. It is generally recognized that there are more and higher risks in project finance compared with corporate finance. Project finance is exposed to commercial risks as well as political risks. The main commercial risks are completion risks, environmental risks, operating risks, input supply risks, revenue risks, etc, and the main political risks are currency convertibility and transfer risks, expropriation risks, war and civil disturbance risks, risks of breach of government concession agreement, etc. Completion risks include permits risks, risks relating to the EPC Contractor, construction cost overrun, delay in completion, inadequate performance on completion, etc.

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A Study on the Effect Factors of Management Performance in Music Institute (음악학원의 창업성과에 영향을 미치는 요인에 관한 연구)

  • Park, Ji-Young
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.6 no.3
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    • pp.43-59
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    • 2011
  • These days there are so many music school graduates. There are also many private music education institutions. Therefor the competition in music private education market very tight. In old days people working in education music market had made big money and many parents wanted their girls and boys to learn piano and other musical instruments. However recently birth ratio in Korea has been dramatically dropped and not many parents wants their kids to learn musical instruments because of economic depression and negative music market. Eventually the size of the music education market is decreased dramatically and the competition in music education market is very hot. Therefor without the upgraded management system it is hard to expect over performance in music education market aspects. The purpose of this study was to find out what are the main factors that affect on business performance of the music education institutions. The main areas that researched in this study were success factors, reason of the start-up, and factors of management success. The research was conducted on the owners of the music education institutions. The factors that affect on the outcome of the business performance were diverse. Therefore the management of music education institutions also need the systematical analysis on the location, environmental factors, people nearby areas, differentiated market strategy and other analysis the same as corporate and business management.

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Developments of performance-based evaluation criteria of utility tunnel (성능중심의 공동구 평가 기준 개발)

  • Byun, Yo-Seph;Seong, Joo-Hyun;Cho, Gey-Chun
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.24 no.6
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    • pp.715-724
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    • 2022
  • With the enforcement of the infrastructure management act, the importance of utility tunnels that jointly accommodate life-lines such as electricity, communication, water supply, and heating facilities has increased. The currently applied utility tunnel maintenance system is managed in an accident-preventive safety-based evaluation method. However, this evaluation method has limitations in effective maintenance. In this study, performance evaluation items were derived through the Delphi method to suggest a criterion for quantitatively evaluating the performance of utility tunnels, and the weights for each item were calculated through the Analytic Hierarchy Process (AHP) method. In the future, it is judged that a more reasonable performance evaluation standard of utility tunnel can be prepared if modifications and supplements are made through field application.

Based on ISO Requirements for Sustainability Management Establishment of Evaluation Model for Supplier _ Only for Semiconductor Processes (지속가능경영을 위한 ISO 요구사항 기반 정량적 협력업체 평가모델 구축 _반도체 공정에 한하여)

  • Yu, Je-Young;Lee, Ik-Mo;Hwang, Yong-Woo;Kim, Young-Woon
    • Journal of the Korea Safety Management & Science
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    • v.21 no.2
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    • pp.25-42
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    • 2019
  • The government announced that it would ask the contractors not only the supplier but also the contractors to take the same responsibilities if they did not observe industrial accident safety measures from 2019. The semiconductor manufacturing process belongs to the representative disaster industry group in which the facility is directly located inside a closed space called clean room. According to previous studies, the semiconductor industry group used checklists for safety management of their suppliers. This study has developed a model for assessing suppliers by constructing a quantitative checklist item through the risk assessment methodology, laws and regulations. The evaluation model of the supplier set up through this study becomes the safety management standard in the semiconductor industry. Furthermore, it is applied to the partner companies in the operation of ISO 14001, 45001, I would like to apply it as a measure of performance management for CSR (Corporate Social Responsibility).

Interaction Analysis between Construction Business Indicators and Business Performance Indicators of Civil Specialty Contractors (토목 전문건설업체의 건설경기지표와 경영성과지표의 상관성 분석)

  • Kim, Nam-Sik;Lee, Dong Wook
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.34 no.5
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    • pp.1599-1608
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    • 2014
  • This study is to suggest specialty contractors with countermeasures to construction orders falling off, one of the construction business indicators for the construction industry, by analyzing the impact of dwindling construction orders to business performance indicators of specialty contractors as well as identifying inter-relationships between those performance indicators. For specialty contractors of civil construction, it is analyzed that their current ratio is significantly affecting obtention of construction orders, which in turn greatly affecting the ratio of owner's equity. It seems that the amount of construction orders has a direct relationship with the corporate stability. Therefore, this type of specialty contractors are determined to be able to obtain more orders for construction by improving current ratio.

Interaction Analysis between Construction Business Indicators and Business Performance Indicators of Specialty Contractors Depending on Operation Types (경영형태에 따른 전문건설업체의 건설경기지표와 경영성과지표의 상관성 분석)

  • Kim, Nam-Sik;Lee, Dong Wook
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.35 no.1
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    • pp.193-202
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    • 2015
  • This study suggests strategies business strategies of specialty contractors by interaction analysis between business performance indicators and construction business indicators depending on operation types. To analyzing this research, a database was analyze for construction orders and business performance indicators for specialty contractors with KRW 7 billion from 1997 to 2010 yr. For organized management oriented specialty contractors, the amount of construction orders is directly affecting the corporate stability and therefore decreasing orders can negatively affect the owner's equity ratio. However, considering that the turnover ratio of total liabilities and net worth is affecting the owner's equity, an asset management plan needs to be established in a way to increase sales to the owner's equity secured with increase in construction orders. For a single leader oriented specialty contractors, the owner's equity ratio is also significantly affected by change in the amount of construction orders and some countermeasure is required. But, as liability ratio is affecting the amount of construction orders, some sort of countermeasures to decrease liability ratio is required.

The effect of international entrepreneurial orientation of Chinese manufacturing export Company on export performance: the mediating effect of absorption capacity (중국 제조업 수출기업의 국제 기업가 지향성이 수출 성과에 미치는 영향: 흡수 능력의 매개효과를 중심으로)

  • Chen, Yuyi;Yu, Seunghun
    • Korean small business review
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    • v.43 no.3
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    • pp.91-117
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    • 2021
  • The purpose of this study is to study the effect of internatioanl entrepreneurial orientation of small and medium-sized Chinese manufacturing companies on export performance. A total of 183 corporate data were used for empirical analysis for Chinese manufacturing export companies. In summary, first, international entrepreneurial orientation was shown to have a significant positive effect on export performance, second, international etrprenurial orientation was shown to have a significant positive effect on absorption capacity, and third, the stronger environmental dynamics and network capacity, the stronger international business orientation and export ability. The implications of this study are summarized as follows. It suggests that the more innovative, enterprising and risk-taking Chinese SMEs are, the better their export performance and the better their ability to absorb foreign knowledge. It also suggests that small business managers must continue to strengthen their network capabilities to improve export performance through international entrepreneurial orientation, and this relationship is further strengthened in a dynamic environment. It also suggests that the impact of firm's absorption capacity on export performance will weaken over time.

The Effect of Corporate Green Marketing on Consumer Word of Mouth Intention (기업의 그린마케팅이 소비자 구전의도에 미치는 영향)

  • Park, Ji-Ho;Park, Hyeon-Suk
    • Industry Promotion Research
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    • v.7 no.3
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    • pp.9-16
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    • 2022
  • In the midst of increasing interest in the environmental responsibility of companies, this study investigates how eco-friendly activities affect the creation of management performance. To this end, the effect of companies' green marketing on consumers' word-of-mouth intention, the mediating effect of brand reliability, and the moderating effect of consumers' pro-environmental behavior were verified. The results of the collected data analysis are as follows. First, companies' green marketing has a positive (+) effect on consumers' word-of-mouth intention. Second, brand reliability takes a positive (+) mediating role in the relationship between companies' green marketing and consumers' word-of-mouth intention. Third, consumers' pro-environment behavior has a moderating role between Brand Reliability and their word-of-mouth intention. Therefore, companies' eco-friendly strategies and their implementation will help enhance both brand reliability and consumers' word-of-mouth intention. By revealing the effect of companies' eco-friendly strategies and their implementation on brand reliability and consumers' word-of-mouth intention it is meaningful to analyze the relationship between green marketing and the possibility of consumers' spontaneous word-of-mouth intention. The results suggest to companies that it is necessary to establish an eco-friendly marketing strategy for sustainable growth.

Measuring the efficiency of technology innovation of the Global Green Car Companies by ANP/DEA Model (특허지표를 고려한 글로벌 자동차 기업의 그린 카 기술혁신 효율성 평가를 위한 ANP/DEA 통합모형)

  • Kim, HyunWoo;Kim, Jaehee;Kim, Sheung-Kown
    • Journal of Technology Innovation
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    • v.20 no.3
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    • pp.255-285
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    • 2012
  • As the environmental performance is getting important in global automotive industry sector, there is a need to build the intellectual capacity. Hence it is important to measure the performance of the green car patent development of global automotive companies. To do this, we propose to use Data Envelopment Analysis(DEA) Model with Analytic Network Process(ANP), which generates weight coefficients of inputs and outputs for DEA-AR(Assurance Region) model. We considered three inputs: corporate asset, R&D expenditures, number of employees, and three outputs: patent counts, patent citations and patent claims. The results showed that our model could measure the potential of green car technology, and we could see the trend of the green car industry sector.

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