• International conference on construction engineering and project management
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• 2005.10a
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• pp.459-468
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• 2005

International contractors must consider the substantial risks related to unexpected foreign exchange fluctuation incurred by conducting their business and using foreign currencies in foreign countries. Most international contractors attempt to minimize foreign exchange exposure within a manageable range because it may influence the company's fundamental financial structure, reduce market value or profit margins, or disrupt ongoing and future projects. This research provides a qualitative study of existing foreign exchange exposure (transaction, operation, and translation exposure) and current & effective foreign exchange risk management in American and Korean international contractors, as they represent both new and long-time members of the global construction market. Finally, recommendations of techniques for new and existing international contractors to minimize and better manage foreign exchange risk will be offered.

• International conference on construction engineering and project management
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• 2005.10a
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• pp.1216-1222
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• 2005

A shortage of construction field workers has been a serious problem, both in the developed and in the developing countries. As a solution for conquering this problem, these countries import foreign laborers from nearby less-developed countries. While this contributes to lessening the labor deficiency, foreign workers are relatively inefficient in productivity and are often exposed to the cross-cultural risks due to cultural differences, communication difficulties, different work ethics and customs, etc. Despite these facts, construction firms do not well address these issues and are lagged in establishing an appropriate management strategy against it. This paper presents a practical management plan for foreign construction workers through Focus Group Interviews (FGI) and survey investigation. On this basis, this study examines the level of awareness and important managerial aspects of the issue of foreign laborers. Finally, it suggests a cross-cultural and ready-to-use practical human resource management plan for facilitating the foreign worker's productivity.

• Management & Information Systems Review
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• v.2
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• pp.355-390
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• 1998

The purpose of this study was to determine the conflict plan of the foreign worker in Korea. The concrete purpose of this study as follows : First, To Analyze Conflict factor of job according to the foreign worker conflict. Second, To present rethinking plan of job and efficiency management foreign worker in Korea. The Subject of this study were consisted of 308 foreign worker form 408 small and medium business in taejon city, Chung-Nam. Conflict factor of job was measured according to questionare used in precedent study. Statistical treatment were the mean, Standard, Deviation, One-way ANOVA analysis. The conclusions of the paper research were as follows. First, Foreign worker showed occasionally lower degree conflict of job. Second, Woman foreign worker had higher conflict of job than man foreign worker in wage, working condition, human relation, communication. Third, The foreign worker is short In Job-experience. therefore, efficiency management of job was fall. Fourth, The relationships between Korea-worker and foreign-worker were conflict in communication, human relation. Fifth, The relationships between Korea-worker and foreign-worker were conflict wage-discrimination. Sixth, The more education-level had lower conflict. Seventh, According to cultural characteristic had different.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.13-18
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• 2002

Foreign construction requires the globalization of management structure and role execution as a global manager. Therefore, this paper prospects the light and shadow of Korea construction business with the consideration about the foreign construction market and Korea's foreign construction. This paper interprets meaning about the foreign construction and analyzes the distinction, strategy, and competitive factor of foreign construction business. On the basis of interpretation and analysis, this paper suggests the innovative change of the domestic construction business manager and management system.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.11
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• pp.325-332
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• 2021

Foreign capital inflows play an essential role in each country's socio-economic growth, particularly for undeveloped and developing countries where capital accumulation is limited in the early stages of development, and Vietnam is no exception. The purpose of this article is to examine the impact of foreign capital inflows on economic growth in Vietnam. The empirical method employed secondary time-series data set during the period 1995-2018 to determine the impact of FDI, foreign aid, foreign loans, and exports on economic growth in Vietnam by using a linear approach. For this study, data was collected from the World Bank and relevant agencies in Vietnam. The results show that FDI (net inflows), foreign aid, foreign loans, exports, and GDP (current), have a positive effect at a 1% significance level on economic growth. Rather, an increase in FDI (net inflows), foreign aid, foreign loans, exports has beneficial effects on the Vietnamese economy in the study period. Based on the findings of this study, the article proposes several important policy implications for Vietnam in maintaining a high rate of economic growth via the contribution of FDI inflows, foreign aid, foreign loans, and exports.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.6
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• pp.543-552
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• 2021

The study examines how foreign capital inflows affect stock market development in Pakistan for the period from July 2008 to June 2018. Several components of foreign capital inflows were used for empirical analysis, namely, foreign direct investment, foreign portfolio investment, and remittances. Further, market capitalization was used as a proxy for stock market development. The study uses an ARDL model for examining the long-run and short-run relationships between variables. We also analyze the bi-directional causality between the variables through the Granger causality test. Further, the presence of structural breaks was analyzed through the CUSUM and CUSUM Square test. The results suggest that in the long run, remittances have a positive and significant relationship with stock market development. However, foreign direct investment, foreign portfolio investment, and USD-PKR exchange rate do not have a significant impact on stock market development. The results also suggest that in the short run there is a negative relationship between FDI, USD-PKR exchange rate and market capitalization. Contrarily, we found a positive relationship between FPI and market capitalization. The results of Granger causality test suggest that remittances and USD-PKR exchange rate have a causal relationship with stock market development. Finally, we found no evidence of structural breaks in the dataset.

• Journal of Fisheries and Marine Sciences Education
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• v.23 no.3
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• pp.515-525
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• 2011

Due to changes in internal and external environment of coastal & offshore fishery such as decrease in coastal & offshore fishery resources, rising labor costs, rising gas prices, rising turnover rate of seamen, and intensified avoiding 4D types of business, the domestic seamen's avoidance of going to sea is being intensified. In order to solve the problems of domestic seamen shortage, coastal & offshore fishery businesses prefer to employ foreign seamen whose wages are relatively low, so employment of foreign seamen continues to increase. However, the foreign seamen system has the problems in selecting and managing seamen but these problems have been not adequately dealt with, so damages to fishery business continue to occur due to the seamen's deserting. The cases, in which foreigners who entered the country to take the sea in coastal & offshore fishing boats deserted their workplace, recorded 36.4% as of 2010. So in order to achieve the purpose of the foreign seamen system itself through rational management of foreign seamen, the exclusive organization to manage foreign seamen should be established and the system to rationally select foreign seamen who have experiences of fishery should be established. The utilization of foreign seamen during off season needs to be maximized by establishing the employment connection system for the management of foreign seamen and employment stabilization, and the exclusive organization for education of foreign seamen and the organization for nurturing domestic seamen need to be established and operated.

• Journal of the Korea Safety Management & Science
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• v.6 no.2
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• pp.263-274
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• 2004

The foreign capital of appropriate scale is affirmative in stabilizing the domestic foreign exchange and stock market. But its excessive scale threatens corporate governance by a hostile M&A and causes the out-flow of national wealth and the unhealthiness of finn because foreign investors require high dividend through the superiority of stock ownership ratio. Therefore, the government and corporate must make the defensive countermeasure of corporate governance for the foreign capital immediately.

• Proceedings of the Korean Society of Computer Information Conference
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• 2017.01a
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• pp.271-272
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• 2017

본 논문에서는 교통사고 데이터베이스 구축을 통해 교통사교 현황과 사고 당시의 여러 정황들을 파악할 수 있는 정보를 제공한다. 이 정보들에는 사고 당시의 기상상태, 도로형태, 차종, 연령, 성별 등의 데이터들이 포함되고 이러한 정보들을 바탕으로 데이터베이스 사용자들은 각 사고 별 종합적인 정보를 얻을 수 있다. 이를 통해 정부 당국 외에 보험사 등에 교통사고 관련 정책을 위한 유용한 정보들을 제공할 수 있다. 또한 운전자 개인들에게도 정보들을 제공해 교통사고를 보다 효율적으로 예방할 수 있다.

• Journal of the Korea Safety Management & Science
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• v.14 no.1
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• pp.53-63
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• 2012

The purpose of this study is to grasp foreign worker's industrial safety and health state, which find out the improvement to secure the basic safety net for foreign workers. We have investigated 2,050 workers through direct interviews during the period from April 12, 2010 to May 31, 2010. And the result of analysis, foreign worker's daily average working time is 10.6 hours(40.8% workers in total work 10~12 hours), the extent of exposure to harmful and dangerous working environment is 'the position which cause pain in neck, waist, hands, shoulders, legs'(69.3%), 'repetitive hands and arms movement'(66.1%). It showed 'experience of accident damage or disease related work'(27.3%), 'never apply for industrial accident compensation' is revealed high at 73%. As a result of completing a safety health education for a year, it showed 'never educated'(40.2%), 'the institute that foreign workers have used for help and advice is the foreign worker's support center'(61.9%) Thus, hiring foreign workers in the company are small in site, the environment is too harmful and dangerous. In addition, no safety and health managers, legally blind spot located in the health and safety, because it is an urgent meet for these measures to improve.