• Title/Summary/Keyword: Crisis

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The Impact of Crisis Responsibility and Risk Perception on Communication Behavior Intention in SNS: Dual Processing Theory

  • Lee, Eun Mi
    • Asia Marketing Journal
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    • v.19 no.4
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    • pp.1-14
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    • 2018
  • Social networking service(SNS) helps users manage, share and delivery a vast information as a communication tool. When users read crisis news in SNS, they communicate the information with others by considering not only their belief (i.e., cognitive risk perception) but also emotion (i.e., affective risk perception). However, few researches have been interested in the construct of communication behaviors of crisis in SNS. This study aimed to explore the role of risk perception (cognitive and affective risk perception) between crisis responsibility and communication behavior through dual processing theory. As a result of the empirical analysis, crisis responsibility had a positive effect on cognitive risk perception and affective risk perception. In addition, cognitive risk perception had no significant effect on communication behavior whereas affective risk perception had influence on communication behavior positively. Thus, our findings may predict that the affective risk perception through crisis responsibility is more potentially important to communication behavior such as sharing information rather than cognitive risk perception. The results give insightful ideas why marketer should reduce perceived emotion caused by risk to strengthen prospective SNS users understanding of communication behavior intention.

A Study on the Association of Middle-Aged Housewivess' Crisis and Their Social Network Support (中年期主婦의 危機感과 社會關係綱支援에 관한 硏究)

  • Shin, Ki-Young;Ok, Sun-Wha
    • Journal of Families and Better Life
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    • v.9 no.1 s.17
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    • pp.161-178
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    • 1991
  • The purposes of this study are to investigate the impacts of social network support on the middle-aged housewives' crisis and to identify the importance of social network systems of modern families. The subjects of this study were unemployed housewives living in the Seoul area, whose age was from 40 to 59 and whose last child was older than 11 years old. Data were collected by structured questionnaire with the subjects(N= 404). The collected data were analyzed by Frequencies, onewy ANOVA, Scheffe-test, t-test. The major findings were as follows ; 1) Middle-aged housewives, who were the first half of 40's, university graduated, and bilieved in a religion, had lower crisis. 2) The association of social network support and middle-aged housewives' crisis, which were found to be significant were as follows ; (1) The more middle-aged housewives received total, emotional, instrumental support from husbands' families of origin, the lower their crisis was. (2) The more middle-aged housewives received total, emotional, informational, support from their families of origin, the lower their crisis was. (3) The more middle-aged housewives received total, emotional, instrumental support from their friends, the lower their crisis was. (4) The more middle-aged housewives received total, emotional, instrumental, social companionship support from their voluntary association members, the lower their crisis was.

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Contagion in Global Bond Markets

  • Sang-Kuck CHUNG;Vasila Shukhratovna ABDULLAEVA;Sun-Jae MOON
    • The Journal of Economics, Marketing and Management
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    • v.12 no.4
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    • pp.27-36
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    • 2024
  • Purpose: The paper analyzes for detecting unexpected shocks such as global financial crisis and COVID-19 pandemic, and contagion between countries by capturing in the mean-shift, variance-covariance-shift, and skewness-coskewness-shift parameters of interest rates. Research design, data and methodology: A flexible multivariate model of interest rates is provided by allowing for regime switching and a joint skewed normal distribution. The model is applying to the structural breaks of crisis and contagion between the US and the selected global bond markets during the global financial crisis and COVID-19 pandemic, respectively. Inspection of the moment statistics weakly suggests a flight to safety to the US during the global financial crisis and to Canada during the COVID-19 pandemic. Results: The results indicate that risk averse investors had a higher risk appetite for the US and Canada assets during the crisis regimes, compared to their counterparts. Conclusions: The results show that coskewness contagion dominates correlation contagion, and coskewness contagion is significant for the Korea and Japan-US pairs for the global financial crisis and the Euro-US pair for the COVID-19 pandemic. All channels of structural breaks of crisis and contagion are significant when considered jointly, reinforcing the need to consider contagion and structural breaks during crises in a multivariate setting.

Relationship between the Sense of Crisis and Quality of Life of Middle-aged Women (중년기 여성의 위기감과 삶의 질 관계)

  • Koh, Hyo-Jung;Oh, Myung-Ok;Kim, Hye-Young
    • Women's Health Nursing
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    • v.6 no.4
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    • pp.619-631
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    • 2000
  • The purpose of this research is to understand the levels of crisis and quality of life and the relationship between them. Data was collected from questionnaires completed by 384 middle-aged women between 40 and 59 years old. The sense of crisis was measured by a scale which was developed by Kim(1988) and modified by Oh(1999). The quality of life was measured by the scale which was developed by Noh(1988). The data was analyzed using the SPSS (Statistical Package for the Social Sciences) program and included: descriptive statistics, Pearson correlation, and stepwise regression. The results of this study were as follows: 1) In the sense of crisis scale, 'experiencing emptiness and powerlessness through my friends is the highest item($3.56{\pm}1.06$). 'Meaninglessness in daily living' factor's score is $3.16{\pm}0.76$ and another factor, 'concept of my life thus far' score is $2.89{\pm}0.74$. Then the former is higher than the latter. 2) In the quality of life, 'eat well now' is the highest item($3.60{\pm}0.93$). 'self-esteem' is the highest factor($3.37{\pm}0.62$) and 'emotional state' is the lowest factor($2.89{\pm}0.31$). 3) According to the correlation between factors of crisis and quality of life, there was a significant negative correlation between two factors of crisis and five factors of quality of life except emotional state. 4) According to linear regression, two factors of the sense of crisis showed the explanatory power of the quality of life with 31.6%. On the basis of above findings, the following is suggested; Crisis is not precipitated by special events and new accidents, but the normal emotional change phenomena process in the human life cycle. As a result, we should develop the nursing programs and education programs about crisis intervention for middle-aged women's health.

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The Effects of Media Framing and Image Restoration Strategies on the Public's Crisis Perceptions (언론 프레이밍과 이미지 회복 전략이 공중의 위기 인식에 미치는 영향)

  • Park, Eun-Hae;Kim, Yung-Wook
    • Korean journal of communication and information
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    • v.38
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    • pp.73-118
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    • 2007
  • The purpose of this research is to figure out the effects of media framing and image restoration strategies on the public's crisis perceptions. The literature review revealed that the public perceives crises through the media lens and image restoration strategies heralded by the organization interact with media frames in the process of the public's perceiving the crisis. The news content analysis and the experiment were conducted to accomplish the research purpose. Also food-related crises were selected for a research case because they have a great impact on the society. The content analysis showed that image restoration strategies designed by the crisis organization tend to be conveyed through anecdote-type news frames. Most image restoration strategies were close to defensive communications and not differentiated by the crisis type. The experiment outcomes demonstrated that the organization's image restoration strategies were not consistent with what the public preferred in the crisis situation. Such public perceptions also were changed according to media frames. Media frames and image restoration strategies have an interaction effect on the public's crisis perception.

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The Determinants of Fisheries Firms' Capital Structure : Comparative Analysis of Financing Behavior in Pre and Post the Asian Financial Crisis (수산기업의 자본구조 결정 요인에 대한 실증분석: 외환위기 전후의 자본조달 행태 비교)

  • Nam, Soo-Hyun;Lee, Kwang-Min;Hong, Jae-Bum
    • The Journal of Fisheries Business Administration
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    • v.42 no.2
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    • pp.1-14
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    • 2011
  • We try to find the determinants of fisheries firms' capital structure during the years from 1992 to 2007 in this paper. We also have a comparative analysis of capital raising behavior in pre and post-IMF financial crisis. Regression analysis is used for this empirical study. Dependent variable is leverage ratio and independent variables are firm size, operating risk, proportion of tangible asset, non-debt tax shield effect, sales growth ratio, profitability and dummy variable. We compared the characteristics of fisheries industry with that of manufacturing industy. The determinants of fisheries firms' capital structure and correlation between pre and post-IMF financial crisis are roughly same as the hypothses except a little difference. As a peculiar difference, corrlation between fisheries firms' operating risk and leverage ratio is (+) in the pre-IMF financial crisis, but (-) in the post-IMF financial crisis. Proportion of tangible asset has a (+) correlation with leverage ratio in pre and post-IMF financial crisis, but in case of manufacturing industy, (-) correlation shows in the pre-IMF financial crisis. Because, in the pre-IMF financial crisis, high proportion of tangible asset doesn't play a role of a collateral, but only increase the bankruptcy probability. Non-debt tax shield effect and leverage ratio have (-) correlation in all industry and all period, but only (+) correlation in case of fisheries industry in the pre-IMF financial crisis. Sales growth ratio has no significant relationship with leverage ratio in fisheries industry, and this is not coincide with our hypothsis. We have a limitation of the sample size of fisheries firms and sample period in this study. Further study is required to classify the fisheries industry with in-shore fisheries, deep sea fisheries and cold storage industry.

Study on Proactive Approach against a New Large-Scale Crisis of the Aviation and Tourism Industry such as COVID-19

  • Park, Yun-mi;Jeon, Aeeun
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.28 no.4
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    • pp.176-181
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    • 2020
  • In the face of the unprecedented crisis of coronavirus disease (COVID-19), the aviation and tourism industry fell without help. The bigger problem is that a crisis like COVID-19 can always come back. A new variant of the virus that is more powerful than COVID-19 may emerge, and another crisis such as a massive war may come. In addition, there may be an unexpected large-scale crisis that could shake the survival of the aviation and tourism industry in place. At that time, the aviation and tourism industry should not be pushed into a survival crisis defenselessly. Taking the experience of the crisis caused by COVID-19 as a crucial lesson, sufficient protection measures should be prepared in advance, and within the protection measures, the overall capabilities of the aviation and tourism industry should be preserved, and preparation should be made for the aftermath of the crisis. There is a need to establish a support system in which financial resources that can be used in crisis situation can be secured in advance, and various support measures can be implemented as effectively as possible by using the secured financial resources. Regarding the preparation for financial resources, various fundraising, insurance, and compensation for losses by the state or local government may be considered as a priority, and in addition, there is a need to continuously consider ways to prepare additional financial resources. On the other hand, in terms of system construction, establishment of the system inside the aviation and tourism industry may need to be considered first, but the improvement of related laws and systems needs to be more actively discussed and related legislation needs to be actively promoted.

A Study on a New Definition of Societal Crisis Based upon Resilience (회복탄력성 측면에서 새로운 사회위기 개념 연구)

  • Sin-Young Kim
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.4
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    • pp.179-184
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    • 2023
  • Korean society has experienced so-called 'societal crisis' in many aspects of society for a couple of decades and those crises include both natural disasters and tragic catastrophes. Given that, this study purports to investigate, first of all, what is the definition of crisis in general and societal crisis in specific. Next question is what are the major types of societal crises and what are the indicators for those crises. As a result, many areas of societal crisis and corresponding indicators in each area will be introduced. Finally, this study tries to establish a new definition of societal crises based upon a more sociological, more specifically a more phenomenological point of view. For these research purpose, in-depth review for previous research on the subject will be done including psychological and sociological materials. Final outcome of this study will be a new and experimental definition of societal crisis, which will provide the principle base for actual numeric indicators of societal crisis in both macro and micro level.

A Study on the Mechanism between 'National Crisis Management' and 'National Defense Elements'in the Perspective of Comprehensive Security - Focusing on the Principles, Problems, and Altenatives of'Integrated Defense'- (포괄안보 관점의 국가위기관리와 국가방위 요소간의 관계 연구 - 통합방위의 원칙, 문제, 그리고 대안을 중심으로 -)

  • Kim Tai Jin
    • Convergence Security Journal
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    • v.22 no.5
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    • pp.115-126
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    • 2022
  • This study studied the working relationship between national crisis management and national defense elements from a comprehensive security perspective. The elements of national defense are presented in the Integrated Defense Act. Therefore, by presenting the principles, problems, and alternatives of integrated defense, the study was conducted with the aim of protecting the lives and property of the people in the event of a national crisis and strengthen national security. As a theoretical background, an analysis frame was envisioned based on the four stages of crisis management in the 'Comprehensive Crisis Management Model' and the 'Basic Guidelines for National Crisis Management'. Through this, four domestic and foreign case studies were conducted. As a result of the study, it can be confirmed that related laws, organizations, and public awareness must be provided in order for the national defense elements at each stage of national crisis management to work well. For the completeness of national crisis management, it was suggested that the enactment of the Framework Act on National Crisis Management, the establishment of an integrated defense plan, linked training, C4I for communication, strengthening the capabilities of local government heads, and national defense elements of firefighters.

A Study on the Development about Crisis Control Analyzes and the Realities of VIP Terrorism (요인(要人)테러의 위기관리 사례분석 및 발전방향에 관한 고찰)

  • Suh, Sang-Yul
    • Korean Security Journal
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    • no.14
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    • pp.235-259
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    • 2007
  • These days our society, no matter it is individual or community or nation it has diversity big and small trouble and Terrorism, disaster that gives national crisis in many different ways. Before we dont think disaster is big problem in nation crisis but now we have to think seriously and put the disaster problem in nation crisis. Also security terrorism is important in national crisis just same as security of nation and disaster in national crisis management. Specially, attacking national sovereign and the head of the government are still increasingly and if deadly terror happens than nation will get big crisis and can get aftereffect. Accordingly way of development about crisis control in security terrorism, first of all, for make confrontation system because of crisis management, need judical revision about escort law and prevention of terror. Second of all, need exclusion of guard danger element for strengthening guard safe action. Third of all, strengthening education to people so increase ability of conquest in the scene. Finally, security terror not only directly purpose also indirectly purpose increase, need to development about guards way and need a strong will to reduce terrorism, also put emphasis on prevention guards action and before the fact make perfection more perfect in crisis control to removal element of terror.

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