• 제목/요약/키워드: Corporate Performances

검색결과 99건 처리시간 0.034초

주가의 변동성과 기업성과: Kospi 기업을 중심으로 (Volatility of Stock and Corporate Performances: Focusing on Kospi Firms)

  • 정영근;임응순;정군오
    • 한국산학기술학회논문지
    • /
    • 제12권8호
    • /
    • pp.3472-3477
    • /
    • 2011
  • 많은 연구자들은 변동성에 대한 연구로 변동성의 원인을 규명하고자 하는 연구들이 주를 이루었다. 그리고 선행연구들은 거시경제변수를 이용하였다. 본 연구에서는 변동성을 주식의 변동성으로 정의한다. 주식의 변동성과 기업의 경영성과에 대한 연구는 아직 미비하다. 이에 본 연구에서는 변동성과 기업의 경영성과를 분석한다. 이때 기업 성과를 ROA와 토빈Q를 이용한다. 분석결과를 다음과 같다. 첫째, 기업의 경영성과의 대용지표로 사용한 ROA의 경우에는 주식가격의 변동성과 음(-)의 관계가 있는 것으로 나타났다. 둘째, 경영성과의 대용지표인 Tobin's Q의 경우에는 주식가격의 변동성과 양(+)의 영향을 미치는 것으로 분석�榮�.

The Effect of Entrepreneurship of SMEs on Corporate Capabilities, Dynamic Capability and Technical Performances in South Korea

  • Yi, Ho-Taek;Han, Chang-Nam;Cha, Yong-Bong
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제5권4호
    • /
    • pp.135-147
    • /
    • 2018
  • There has been a recent increase in the interest towards founding companies and in line with the South Korean Government's policy on start-up support, discussions are rife about the effect of entrepreneurship on the management and performances of these companies. To enhance the competitiveness of SMEs, it is expedient to acquire and deploy consistent entrepreneurship, differentiate corporate resources, ensure the appropriate utilization of resources and the integration of such factors in response to the changing environment. This research examines relationships among entrepreneurship, three components of corporate capabilities, dynamic capability and technical performance based on resource-based view and the dynamic capability theory. The authors also investigate the moderating role of corporate life cycle. To test the hypothesis, we conducted a survey on 352 technologies -innovative SMEs located in South Korea via professional research institutes. The findings confirm the hypothesis that SMEs' entrepreneurship has a positive effect on three kinds of corporate capabilities (e.g., marketing, R&D, operations capability), and it had a positive effect on dynamic capability, whiles dynamic capability also had an influence on technical performances. The findings also confirmed the hypothesis that corporate life cycle moderates the relationship between dynamic capability and technical performances respectively. The research implications for both practitioners and academicians are discussed.

기업성과에 대한 정보기술수준 측정요인의 상호작용효과 (An Empirical Study on the Interactive Effects of Information Technologies on Corporate Performances)

  • 이동만;정기억
    • Asia pacific journal of information systems
    • /
    • 제9권2호
    • /
    • pp.39-58
    • /
    • 1999
  • This paper determines the interactive effects of information technologies(IT) on corporate performances. IT was measured inclusively in terms of technology level, information level, functional level, and management level. Corporate performances were composed of the effectiveness of IT and the financial performance of a corporation. The effectiveness of IT was measured in terms of satisfaction with the support of IT department and with output information, whereas financial performance of corporation was measured in terms of market growth and profitability. Theoretical and empirical analyses lead to the followings. In the theoretical aspect, IT in a corporation needs to be measured broadly. And a study of IT related to corporate performance needs to use either a conversion effectiveness model or an intermediate effect model rather than a direct effect model. In the empirical aspect, the effectiveness of IT within an organization improves with some of the interactive effect of ITs including technology level, information level, functional level, and management level. So do some of the financial performances of a corporation.

  • PDF

경제적 책임과 자선적 책임에 대한 인식이 반기업 정서에 미치는 영향 (The Effects of Economic Responsibility and Philanthropic Responsibility on the Anti-Corporate Sentiments)

  • 이한준;박종철
    • Asia Marketing Journal
    • /
    • 제12권3호
    • /
    • pp.63-79
    • /
    • 2010
  • 본 연구는 기업의 경제적 책임활동과 자선적 책임활동에 대한 소비자 인식이 반기업정서에 미치는 효과를 제시하였다. 본 연구결과에 의하면, 아이러니하게도 기업의 경제적 책임활동이 높을수록 반기업 정서가 오히려 더 높아지는 것으로 나타났다. 이러한 결과가 나타난 이유는 우리나라 대기업들이 경제적 분야에서 더 큰 기여를 하였다면, 소비자들이 해당 대기업들이 그만큼 비윤리적이고, 불법적인 방법으로 기업행위를 실시한다고 생각하기 때문으로 보인다. 또한, 기업에 대한 자선적 책임활동이 높게 지각될수록 반기업 정서에 부(negative)의 영향을 미치는 것으로 나타났다. 다시 말해서 기업의 자선적 책임활동이 높게 지각될수록 반기업 정서는 낮게 지각되었다. 끝으로 반기업 정서는 기업 평가에 부(negative)의 영향을 미치는 것으로 나타났다. 따라서 특정 기업에 대한 반기업 정서가 높을수록, 기업에 대한 태도는 낮게 평가되는 것을 알 수 있었다.

  • PDF

기업의 기술개발전략이 성과에 미치는 영향에 관한 연구 (The relation between technology acquisition strategies and corporate performances)

  • 노정구
    • 경영과정보연구
    • /
    • 제18권
    • /
    • pp.69-90
    • /
    • 2006
  • In this empirical study, we try to find major factors influencing the selection of technology acquisition strategy, and to examine the relation between technology acquisition strategies and corporate performances. The results of this study are as follows. Firstly, it is required to make intrinsic efforts for the harmony of technology acquisition strategies, which guarantees the effective acquirement of new technology. Secondly, we should pay particular attention to the harmony of external and internal resources for the corporate growth, Finally, the development of new technology is to be made on the basis of technology acquisition strategy established in terms of resources.

  • PDF

공급업체 개발 활동과 성과에 대한 공급사슬 CSR 및 상생협력의 조절 효과에 대한 탐색적 연구 (An Exploratory Research on Moderate Effect of Supply Chain CSR and Co-Existence Activities to Relations Between Supplier Development and Performances)

  • 박정수;장덕신;김연성
    • 품질경영학회지
    • /
    • 제41권1호
    • /
    • pp.39-52
    • /
    • 2013
  • Purpose: The purpose of this study was to investigate if purchasing companies' efforts of supplier development activities to supplier companies have positive impacts on the purchasing companies' performance as the first step. In the second step, we tried to confirm if the concept of Supply Chain Corporate Social Responsibility activities and Coexistence activities take the roles of moderate variable on relationship between supplier development and three performances respectively. Methods: The collected data through survey were analysed using multiple regression for the first step of the study and moderate regression for the second one of it. Results: The results of this study are as follows; supplier development efforts effect on all three performances positively. Moreover, Supply Chain CSR has significant moderate effect on relationship between supplier management and corporate performances, while Coexistence does between supplier management and logistics performances. In the case of relationship between supplier management and production performances, both Supply Chain CSR and Coexistence show significant moderate effect. Conclusion: Manufacturing companies in Korea need to make effort of supplier development in selective way when they want to practice Supply Chain CSR and Coexistence concurrently considering strategies and objectives.

경로분석을 이용한 사업의 효과성 분석 : 플랜트엔지니어링사업을 중심으로 (Evaluation of Program Effectiveness via Path Analysis : Focused on Plant Engineering Program)

  • 김흥규
    • 산업경영시스템학회지
    • /
    • 제40권2호
    • /
    • pp.104-110
    • /
    • 2017
  • When evaluating effectiveness of a R&D program, there is a tendency to simply compare the performances of the beneficiaries before and after the program or to compare the differences in the performances of the beneficiaries and the non-beneficiaries before-after the program. However, these ways of evaluating effectiveness of a program have some problems because they can not differentiate between complement effect, which facilitates corporate R&D investment, and substitute effect, which, literally, substitutes corporate R&D investment. Therefore, these problems could bring about wrong policies concerning R&D programs. In this paper, a new approach using path analysis is suggested as a means to overcome these problems and it is utilized, as an application, to evaluate the effectiveness of Plant Engineering Program conducted by Ministry of Trade, Industry & Energy, Korea. First, the direct impact of government R&D investment on corporate R&D investment is analyzed, through which it is identified which of crowding-in effect (complement effect) and crowding-out effect (substitute effect) is dominant. Next, the direct effect of government R&D investment on corporate performance and the direct effect of corporate R&D investment on corporate performance is analyzed respectively. Finally, by combining the two previous analysis, the total effect of government R&D investment on corporate performance is identified. As a result, it turns out that, in Plant Engineering Program, crowding-in effect is more dominant than crowding-out effect and that Plant Engineering Program has definitely positive effect on the beneficiary in terms of corporate performance indirectly and directly.

Corporate Social Responsibility Impact on Business Performance through Green Supply Chain Management: Evidence from Guatemala

  • Garcia, Ruben Avila;Park, Byungjoo;Chang, Byeong-Yun
    • International Journal of Internet, Broadcasting and Communication
    • /
    • 제11권4호
    • /
    • pp.59-64
    • /
    • 2019
  • The purpose of this research is to examine the relationship between corporate social responsibility (CSR), green supply chain management (GSCM) practices, and business performances. After reviewing the extensive literature, we developed a research model including five constructs: CSR, GSCM practices, environmental, economic and operational performances. We conducted the statistical analyses based on the primary data collected from a survey questionnaire, responded by 93 different company managers in the Republic of Guatemala. Furthermore, we utilized structural equation modeling to analyze the data and to test the hypotheses. The results of the analyses showed that there is a significant influence of CSR on the adoption of GSCM practices. It was also found that GSCM practices have a significant influence on environmental, economic and operational performances. In addition, environmental performance has a significant impact on economic and operational performance. Finally, GSCM has a mediating role on the relationship between CSR and environmental and economic performance, but not with operational performance.

6시그마 경영이 품질 및 마케팅 성과에 미치는 영향에 관한 연구 (A Study on the Effects of Six Sigma Management on the Quality and Marketing Performances)

  • 장형걸;이용학
    • 대한안전경영과학회지
    • /
    • 제7권5호
    • /
    • pp.185-212
    • /
    • 2005
  • The ultimate objectives of the six sigma activities are to raise quality of products to the level where customers can be satisfied and to improve marketing efficiency through cost reduction. Recently, many businesses have been struggling to find out the most successful way to implement the six sigma to produce better results. This study is significant in a way that it provides readers with an actual evidence of efficiency and effectiveness of six sigma activities in marketing performance for the first time. The major data of this study can be divided into two categories ; First, secondary data research method was utilized to find out the effects of six sigma management on the quality and marketing performances, theoretically and empirically. Second, test of established hypotheses relevant to the effects of six sigma management on the quality and marketing performance based on the propositions drawn from existing literatures, and test hypotheses statistically. This study of six sigma looked into benefits in manufacturing industry in terms of improving quality, cutting cost and decreasing defection product-defect rate. In addition, the study has verified that how the quality performances can affect the marketing performances, such as enhancing corporate image, sales increase and customer satisfaction. The author believes that this study will help many businesses acquire best methods to increase sales and profits. And, business manager will be able to understand where to focus as they proceed with the six sigma project and improve corporate competitiveness.

소비자의 기업평가에 있어서 기업과 소비자의 사회적 책임활동의 상호작용효과 (The Interaction Effect of Social Responsibility Activities of Consumers and Corporations on Corporate Evaluation)

  • 박상준;변지연
    • 경영과학
    • /
    • 제29권2호
    • /
    • pp.127-141
    • /
    • 2012
  • Business firms and consumers exist within a society, and their activities influence a society, because they are not separated from a society. Thus, consumers as well as business firms have been asked to conduct socially responsible actions (i.e., environmentally friendly production and socially friendly activities). Previous researchers have investigated on the relationship between corporate social responsibilities and business performances. For example, researchers have analyzed the effects of corporate social responsibility on consumer's corporate evaluations. The corporate social responsibility is commonly classified into the three dimensions (economic, social, and environmental responsibility). In this paper, we demonstrated that the consumer social responsibility can also be classified into the three dimensions. Previous researchers have shown that the three dimensions of corporate social responsibility influence consumer's corporate evaluation. However, they have not considered the interaction effect of the corporate social responsibility and the consumer social responsibility on consumers' corporate evaluation. Different from the past studies, this study investigated on the interaction effect of consumer social responsibility (economic, social, environmental responsibility) and corporate social responsibility (economic, social, environmental responsibility) on consumer's corporate evaluation. For the study, we collected survey data of 200 consumers and analyzed the interaction effect with ANOVAs. The result showed that the three dimensions of social responsibility to both corporate and consumers influence positively the corporate evaluation. They also showed that the interaction effect of consumer responsibility and corporate responsibility on the corporate evaluation was statistically significant. This implies that it is necessary for corporate to conduct corporate social responsibility differently depending on consumer's activity for consumer social responsibility.