• 제목/요약/키워드: Economic Groups

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Korean Retailers' Dependence Level: The Impact of Power Sources, Satisfaction, Conflict, and Long-Term Orientation

  • Yu, Jong-Pil;Pysarchik, Dawn Thorndike;Kim, Yu-Kyung
    • 마케팅과학연구
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    • 제18권1호
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    • pp.81-114
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    • 2008
  • The purpose of this study was to analyze how economic factors (economic satisfaction, economic conflict) and non-economic factors (non-economic satisfaction, non-economic conflict) differentially influence Korean retailers' long-term orientation with manufacturers, and how they are influenced by manufacturers' power sources under different levels of retailer dependence. After Korean retailers were divided into high and low dependence groups, path differences between the two groups were compared. The results suggested that manufacturers' coercive and non-coercive power sources do not differentially influence high and low dependence retailers' economic and non-economic satisfaction, and economic and non-economic conflict. However, the economic satisfaction of low dependence retailers more strongly affects their long-term orientation than that of high dependence retailers. Also, the economic conflict of highly dependent retailers more strongly affects their long-term orientation as compared to low dependence retailers. Finally, the impact of non-economic conflict negatively influences a long-term orientation for both retailer groups.

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Factors Affecting Corporate Investment Decision: Evidence from Vietnamese Economic Groups

  • PHAN, Duong Thuy;NGUYEN, Ha Thi
    • The Journal of Asian Finance, Economics and Business
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    • 제7권11호
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    • pp.177-184
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    • 2020
  • This paper analyzes factors affecting corporate investment decisions in economic groups listed on the Vietnam stock market. The panel data of the research sample includes 39 economic groups listed on the Vietnam stock market from 2009 to 2019. The Generalized Least Square (GLS) is employed to address econometric issues and to improve the accuracy of the regression coefficients. In this research, the investment rate is a dependent variable. Cash-flow (CF), Investment opportunities (ROA), Fixed capital intensity (FCI), Leverage (LEV), Sales growth (GR), Size (SZ), Business risk (RISK) are independent variables in the study. The model results show that cash flow and sales growth have the same impact on investment decisions of economic groups in Vietnam. In addition, investment opportunities have a negative impact on the capital investment decisions of economic groups. The remaining factors include fixed capital intensity, leverage, firm size, and business risks that have a weak and insignificant impact on capital investment decisions of economic groups in Vietnam. The findings of this article are useful for business administrators, and helping business managers make the right financial decisions. Besides, the research results are also meaningful to money management agencies. The authors recommend that the State Bank of Vietnam should maintain a sustainable monetary policy.

Impact of Working Capital Management on Firm Performance in Different Business Cycles: Evidence from Vietnam

  • NGUYEN, Co Trong
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.863-867
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    • 2020
  • This study was conducted on financial data of 38 economic groups listed on Vietnam's stock market for the period 2009 - 2019 and it aims to provide an empirical evidence on the impact of working capital management policy on performance in all phases of the economic cycle of Vietnamese economic groups. The study uses FGLS estimation method with 2 dependent variables ROA, GOP, independent variables including INV, AR, AP, CCC, dummy variable representing different phases of the economic cycle, variables Control includes CAT, CR, LEV, SZ, GR. Research shows that the greater the level of investment by companies in liquid assets corresponding to a certain level of activity (shown by average days of inventory (INV), average days of collection. (AR), cash flow cycle (CCC)) the lower the rate of return on assets. The study also provides additional evidence of the negative effects of economic crisis on the performance of economic groups. The study also shows that the number of short-term asset cycles has a positive impact on operational efficiency, and the level of debt use has a negative impact on operational efficiency. This result implies that the managers of economic groups can increase the efficiency of businesses through a reasonable working capital policy.

AHP - 군집분석을 이용한 주요어종의 자원감소 원인 비교분석에 관한 연구 (The Comparative Analysis of the Reasons for Decreases in Marin Fishery Resources Based on AHP & duster Analysis)

  • 박철형;이상고
    • 수산경영론집
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    • 제40권3호
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    • pp.127-146
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    • 2009
  • This study is to estimate the factor weights of the reasons for decreases in marine fishery resources using the Analytical Hierarchy Process. Furthermore, it classifies 20 fishes under a fishery resource recovery plan into various groups of fishes according to these factor weights using the non-hierarchial cluster analysis. The factors of decreases in marine fishery resources are identified as bio-ecological, technology-system, economic-business, and fishing village-society factors. Two of the most important factors of decreases in resource are turned out to be the economic-business and bio-ecological factors, estimated as 31% and 30% respectively. The technology-system and fishing village-society factors are estimated as 21% and 18% respectively. The study utilizes non-hierarchical cluster analysis in order to classify 20 fishes into 2, 3, and 4 groups. K-means cluster analysis is applied for grouping in conjunction with ANOVA to identify statistical differences in factors. Once again, the economic-business and bio-economic factors play main role in grouping 2-groups of fishes case. The third group of fishes in addition to the previous 2 groups of fishes appears as those 4 factors of decrease evenly play about the same role at a 3-groups of fishes case. Finally, the economic-business and bio-economic factors are turned out to be evenly important in the 4th group once there are 4-groups of fishes.

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가계의 주관적 경제상태와 객관적 경제구조 (Household Economic Structure and Subjective Evaluation on Economic Status of Households)

  • 김민영;이희숙
    • 대한가정학회지
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    • 제47권1호
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    • pp.25-43
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    • 2009
  • The purpose of this study was to find how economic structures differ among four different household groups('enough', 'so so', 'a little difficult', 'very difficult') classified by subjective evaluation on their economic conditions. The data were drawn from 2004 Korean Labor and Income Panel Study conducted by Korea Labor Institute, and $X^2$-test and F-test were utilized by SPSS for Windows 10.0. The major findings were as following. First, the economic levels of household groups of 'enough' and 'so so' showed to be higher than the average. This result implies that households tend to evaluate by themselves their economic conditions comparing to the others. Second, the deviations of average economic levels among four different household groups were relatively bigger in household economic elements of liquid asset, monthly savings and insurance than the others, and relatively smaller in household economic elements of total expenditure, especially expenditures in food at home, education, medical, communication than the others. Third, the households of 'a little difficult' and 'very difficult' showed undesirable economic structures resulting from lack of savings and insurance for their future.

중년층 여성의 라이프스타일에 따른 의복구매행동에 관한 연구 (Middle Aged Women's Buying Behavior According to their Lifestyles)

  • 최경아;고미경;정성지
    • 한국의류학회지
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    • 제35권4호
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    • pp.385-395
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    • 2011
  • This study investigates the buying behavior of apparel by middle aged women according to lifestyles. Questionnaires were distributed to 300 women who lived in the Seoul area and between 40 to 65 years of age. A sample of 248 women responded. To analyze the data, Factor Analysis, Cluster Analysis, Analysis of Variance (ANOVA) and a Duncan test were used. As a result, the respondents were clustered into 4 different groups according to lifestyles. The groups included practical oriented group, economic oriented and practical group, active oriented and appearance group, and economic group. Their buying behavior was as follows. First, the active oriented and appearance group shopped at department stores and specialty stores; however, the economic oriented and practical group shopped at discount stores more often than other groups. The practical group shopped more frequently using TV home shopping networks, discount stores, and outlet stores, the economic group shopped at off-price stores, discount stores, and online more than the other groups. Second, the active oriented and appearance group bought classic suits and semi-classic suits, imported brand and/or designer brand apparel more often than other groups. Third, the active oriented and appearance group perceived another person's appearance, advertisement, and shop display as a more important information source than other groups. Forth, the active oriented and appearance group considered design & style, harmony with self-image, brand name, color, and coordination with other clothing as more important selection factors for clothing than other groups. The economic groups considered coordination with other clothing; however, the economic oriented and practical group cited ease of care as more important factors.

미국 대도시지역 산업재구조화에 따른 신이민집단의 사회ㆍ경제적 적응양태의 도시별 다양성에 관한 연구 (Socio-Economic Adaptation of New Immigrant Groups and their Divergence across Large US Metropolitan Areas under Economic Restructuring)

  • 권상철;이영민
    • 대한지리학회지
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    • 제32권2호
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    • pp.175-195
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    • 1997
  • 본 연구는 미국의 대도시지역이 경험하고 있는 산업재구조화와 신이민집단의 적응양태를 연계시켜 이해하기 위하여. 로스엔젤레스, 뉴욕. 시카고. 그리고 애틀란타를 선정하고 이들 지역에 거주하는 중남미계와 동양계의 취업분포와 거주양태를 분석하였다. 분석 결과 이들의 산업별 취업분포는 모든 분야에 나타나 대체적으로 전체인구와 유사한 분포를 보이나 제조업, 서비스업 그리고 소매업에서 비교적 높은 집중도를 보이고 있다. 이들의 거주집중지역은 도심 주변과 더불어 외곽 지역에도 나타나고 있다. 이는 기존 유럽계 이민집단이 제조업에 편중적으로 고용되고 도심 주변에 거주지를 집중시키던 적응양식과는 다른 모습을 보이고 있으며,도시별로 다양하게 전개되고 있다. 따라서 신이민집단의 적응양태에 대한 올바른 이해는 정착지역이 경험하고 있는 산업재구조화와 이에 따른 공간상의 변화 그리고 집단 내부의 다양성을 고려한 관점에 기초해야 함을 제시하고 있다.

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중년기 및 노년기 사회자본의 경제적 복지 효과 비교 (Age Effects of Social Capital on the Economic Well-Being in Korea)

  • 서지원
    • 대한가정학회지
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    • 제51권2호
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    • pp.207-218
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    • 2013
  • Social capital theory provides a framework for analyzing the economic well-being. The purpose of this study is to analyze the age effect of social capital by comparing middle aged and the elderly, as well as to investigate the independent effects of social capital on their subjective economic well-being, respectively. The two concepts of "trust" and "social network" were used to measure the level of social capital. Comparisons between the age groups were made regarding the relationships between social capital and economic well-being of four age groups, including younger middle-aged, older middle-aged, younger elderly, and older elderly. Data from the $2^{nd}$ wave of the Korean Longitudinal Study of Ageing (KLoSA) were used. The final sample for this analysis is 8,406 respondents aged 45~84. The major findings are as follows. First, the level of social capital, trust and social network, is statistically different by age groups. Second, the model fits in the case of model including social capital variables are all larger than their counterparts in the four age groups. Third, social capital is "resource" that can contribute to increasing the subjective economic well-being. Based on the empirical results, implications for welfare policies related with issues of social security for the elderly in Korea are provided.

경제력집중(經濟力集中) : 기본시각(基本視角)과 정책방향(政策方向) (The Concentration of Economic Power in Korea)

  • 이규억
    • KDI Journal of Economic Policy
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    • 제12권1호
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    • pp.31-68
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    • 1990
  • 경제력집중(經濟力集中)은 경제적(經濟的) 자원(資源)과 수단(手段)의 상당부분이 소수의 경독주체(經瀆主體)에 집중되어 이들이 자원배분(資源配分)의 흐름에 큰 영향을 미칠 수 있는 상태를 말한다. 그러므로 경제력집중(經濟力集中)은 본질상 자유시장기구(自由市場機構)의 생리와는 부합하지 않지만 자본주의(資本主義)의 역사로 볼 때 그것이 바로 자유경쟁(自由競爭)의 소산이라는 측면도 있다는 점이 문제가 된다. 구미(歐美)와 일본(日本) 등에 있어서 자본주의체제(資本主義體制)의 진화궤적(進化軌跡)은 이 문제가 어떻게 전개되는가에 따라 결정되어 왔다. 우리나라에서의 경제역집중(經濟力集中)은 다수의 독(獨) 과점적(寡占的) 대기업(大企業)들이 소유관계(所有關係)로 결합되어 있는 기업집단(企業集團) 즉 소위 재벌(財閥)의 문제로 집약될 수 있다. 우리나라의 기업집단(企業集團)의 성장은 시장기구(市場機構)의 작동결과에 기인한 면도 있지만 고도경제성장기(高度經濟成長期)의 정부정책(政府政策)에 의하여 촉진된 것도 부인할 수 없다. 기업집단(企業集團)에 의한 경제력집중(經濟力集中)은 과거 우리나라의 정치(政治) 경제(經濟) 사회(社會)가 거쳐온 진화과정(進化過程)을 집약적으로 나타내는 것 이다. 그러므로 우리나라에서 민주주의(民主主義)와 자본주의(資本主義)의 이념(理念)과 질서(秩序)에 대한 국민적(國民的) 합의(合意)를 모색하려는 현시점에서 경제력집중(經濟力集中)을 객관적으로 인식하여 효율(效率)과 형평(衡平)을 조화하는 적절한 대응방향을 모색 하는 것은 매우 긴요한 과제이다.

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의료서비스에 대한 접근성의 형평 분석 (Equity of Access to Health Services under National Health Insurance System in Korea)

  • 장동민;문옥륜
    • 보건행정학회지
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    • 제6권1호
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    • pp.110-143
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    • 1996
  • The purpose of this study is to assess the extent of inequality in health outcomes and the distribution of health services according to health need under National Health Insurance System in Korea. For the empirical analysis, data were collected through an interview survey during one month of October, 1994. Interview were conducted with a total of 10, 875 of the employees and the self-employed selected through cluster, systematic sampling. The major findings of this research are as follows: 1. The analysis of the differentials in morbidity rates by socio-economic group showed that health inequality in the pro-higher groups existed in all self-reported morbidity indicators. 2. The findings of the conventional use measures showed that the lower socio-economic groups had more ambulatory and inpatient services than the higher groups. In contrast to the level of the medical care utilization, however, the higher socio-economic groups were more likely to use the high-quality source of care in terms of their treatment place compared to the lower groups. 3. By using the need-based use measures, the results were different from each use-disability ration indicator. Using the use-disability ration measured by physician visits per 100 restricted-activity days in the population, it was found that there was no evidence favoring the higher socio-economic groups. In contrast, the use-disability ration based on physician visits per a chronic patient in one year displayed that there was remarkable relative difference by income group as well as the evidence of the pro-higher income groups. 4. The results of logistic regression analysis and two-stage estimation method indicated that although the utilization is significantly affected by type and duration of insurance coverage, the use or nonuse of service and the volume of physician care consumed is determined by health need and demographic characteristics rater than economic status. In sum, these findings suggest that physician service is equitably distributed according to health need under national health insurance system in Korea. As there were some evidences of inequality including the differential in physician visits of chronic patients by income group, however, the government should strengthen the activities to guarantee the equity of health services utilization.

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