• 제목/요약/키워드: Foreign Management

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Prisma Statement: The Strategic Advantages and Disadvantages of Foreign Direct Investments (FDI)

  • Phouthakannha NANTHARATH
    • 산경연구논집
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    • 제14권10호
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    • pp.1-9
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    • 2023
  • Purpose: In an increasingly globalized world, foreign direct investment (FDI) plays an essential role in the economic improvement of countries. This study aims to delve into the topic of overseas direct investment (FDI) and offer a complete analysis of its strategic advantages and disadvantages. By thoroughly examining the present literature, this study aims to discover and explore the diverse advantages and drawbacks. Research design, data and methodology: The information analysis system systematically and rigorously examined the selected studies. The evaluation will follow a thematic technique in which conventional subject matters and styles associated with FDI's strategic benefits and downsides can be recognized and synthesized. Data extraction contained relevant facts from the chosen research, along with the study objectives. Results: This study provides the findings of the, which explores the strategic advantages and disadvantages of foreign direct investments (FDI) primarily based on the evaluation of previous research. A comprehensive review of the identified benefits and drawbacks highlights their implications for businesses engaged in FDI. Conclusions: In sum, the findings offer valuable insights for practitioners, guiding their decision-making methods in the international commercial enterprise landscape. Organizations can function for fulfillment and sustainable development in the global marketplace by leveraging the advantages and effectively managing demanding situations.

자본유출입 급변동과 외환 및 유통시장 안정성에 관한 연구 (A Study on the Sudden Stop in Capital Flows and Foreign Exchange and Distribution Market Stability)

  • 김윤철;이명훈
    • 유통과학연구
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    • 제14권12호
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    • pp.79-87
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    • 2016
  • Purpose - Since 1990, the sudden stop in capital flows has caused the economic crisis. The purpose of this research is to suggest the policy measures to mitigate the risk of the sudden stop in capital flows. To this end, we examine the theoretical framework and analyze the case study for countries which are faced with the sudden stop. Also we examine the structural problems of the foreign exchange market in Korea and derive the policy implications to prevent the sudden stop. Research design, data, and methodology - The criteria of whether the sudden stop in capital flows occurs are based upon Calvo et al. (2008). In case the proxy variable for the balance of capital account decreases from the average by over twice standard deviation, we determine that the sudden stop occurs for that country. The sample period is from January 1990 to December 2008, as in Calvo (2014). The sample countries are 17 developed countries and 19 emerging market countries, which are different from those of the previous papers as Agosin and Huaita (2012), and Calvo (2014). When the exchange market pressure index(EMPI) is deviated from the average by over three times standard deviation, we determine that the foreign exchange market is unstable for that country. Results - We find that the characteristics of the sudden stop in capital flows are the bunching or contagion among countries, the rapid drop in real effective exchange rate, and the huge decrease in foreign exchange reserves. Many countries tried to increase foreign exchange reserves and regulate capital flows. Also the foreign exchange market in Korea are found to be the volatile exchange rate, the vulnerable external debt and careless management of the foreign exchange derivatives transaction risk. Conclusions - To lessen the risk in the sudden stop of capital flows, this research suggests the some useful policy measures. To enhance the foreign exchange and distribution market stability, we should improve the price mechanism of exchange rate, hold the appropriate level of foreign exchange reserves, prevent excessive inflows of foreign exchange and promote sound transactions of foreign exchange derivatives.

금융위기 이후 정유산업의 외화자산 레버리지효과 분석 (The Foreign Asset Leverage Effect of Oil & Gas Companies after the Financial Crisis)

  • 김동균
    • 무역학회지
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    • 제46권2호
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    • pp.19-38
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    • 2021
  • This study aims to analyze the foreign asset leverage effect on Korean oil & gas companies' foreign profits and to maintain the appropriate foreign asset volume for reducing exchange risk. For a long time, large Korean companies, including oil companies, overheld foreign currency liabilities. For this reason, most large companies have been burdened to hedge exchange risk and this excess limit holding deteriorated total profit and reduced foreign currency asset management efficiency. Our paper proceeds in presenting a three-stage analysis considering diversified exchange risk factors through estimation on transformation of foreign transactions a/c including annual trends of foreign asset and industry specifics. We also supplement incomplete the estimation method through a practical hedging case investigation. Our research parts are differentiated on the analyzing four periods considering period-specifics The FER value of the oil firms ranged from -0.3 to +2.3 over the entire period. The results of the FER Value are volatile and irregular; those results do not represent the industry standard comparative index. The Korean oil firms are over the credit limit without accurate prediction and finance high interest rate funds from foreign-owned banks on the basis on a biased relationship. Since the IMF crisis, liabilities of global firms have decreased. Above all, oil firms need to finance a minimum limit without opportunity losses on the demand forecast and prepare for uncertainty in the market. To reduce exchange risk from the over-the-limit position, we must consider factors that affect the corporate exchange risk on the entire business process, including the contract phase.

건설사업의 효율적 안전관리를 위한 발주자, 설계자의 역할 (The Role of Owner and Designer for Effective Safety Management of Construction Projects)

  • 김보성;박찬식
    • 한국건설관리학회:학술대회논문집
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    • 한국건설관리학회 2003년도 학술대회지
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    • pp.270-273
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    • 2003
  • 국내 건설재해는 타 산업에 비하여 높은 수준이며, 안전관리활동도 시공단계에 국한되어 수행되고 있다. 하지만 일부 선진국에서는 건설현장 작업자들의 안전을 위해 안전관리활동을 사업초기부터 수행하여 재해발생의 소지를 사전에 회피, 차단 최소화하는 Safety Through Design에 관한 연구가 진행되고 있다. 이들 연구는 주로 발주자, 설계자의 안전책임과 역할에 초점을 두고 있다. 우리의 경우에도 국내 건설환경에 적합한 발주자, 설계자의 안전책임과 역할을 도출하고, 이를 근거로 사전예방적인 안전관리체계의 구축이 절실히 필요한 실정이다. 따라서 국내 건설사업의 효율적 안전관리를 위한 발주자, 설계자의 안전책임과 역할을 문헌연구와 설문조사에 근거하여 제시하였다.

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Trend Analysis on Korean and International Management for Activated Material Waste from Medical Linear Accelerator

  • Kwon, Na Hye;Jang, Young Jae;Kim, Dong Wook;Shin, Dong Oh;Kim, Kum Bae;Kim, Jin Sung;Choi, Sang Hyoun
    • 한국의학물리학회지:의학물리
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    • 제31권4호
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    • pp.194-204
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    • 2020
  • This study investigated and analyzed the Korean and international status of radioactive waste management for medical linear accelerators (linacs) and proceed prior research to suggest radiation safety regulations and guidelines for the safe use of radiation. We analyzed the number of linacs installed in the radiation oncology departments of 103 institutions. In addition, we analyzed the procedures and standards for disposal in Korea and foreign countries. For foreign countries, we analyzed the status based on reports from the United States, Japan, Europe, and Canada. A total of 182 linacs are installed in Korea and 95% of them use more than 10 MV of energy. In Korea, standards for managing radioactive waste from a linac, disposal procedures, and clearance criteria have yet to be established. Therefore, radioactive waste is disposed of in different ways depending on the hospitals where they originate. Japan, the US, and Canada have recommended clearance levels and procedures for linacs. Other countries have provided management guidelines for research or large-scale accelerators, but not for medical purposes. In this study, we investigated the management of radioactive waste from medical linacs in Korea and abroad. Several foreign countries have suggested a clearance level and criteria for disposing of waste storage drums. For the safe management of medical linacs, it is necessary to establish safety management regulations. In Korea, standards for disposal, such as radiation or dose limits, are required for medical linacs. A system for clearance when disposing at a medical institution should be created.

전자상거래 산업의 해외 진출 결정요인에 관한 실증적 연구 (An Empirical Research for the Critical Factors on International Market Entry in Electronic Commerce Industry)

  • 김정욱;홍성태;이동일
    • 품질경영학회지
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    • 제29권3호
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    • pp.18-38
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    • 2001
  • This paper attempts to identify variables which affect Korean electronic commerce(EC) venture's strategies for the international market entry decision making. Especially in the perspective of quality management perspective, it is highly relevant question which factors are critical when the industry has high technology driven characteristics such as EC, product quality related factors or environmental factors. Technology competence, operational competence, local marketing competence, psychological barriers, domestic competition level, and local infrastructure level are included to generate the explaining model for international market entry decision. The result is that the higher technology competence and local marketing competence are the significant factors. The higher the perception in these factors, the higher the intention to enter the international market in EC industry. These factors play a pivotal role in determining to go abroad the foreign EC market. Our finding implies that the subjective confidence on quality of EC solution(technology competence) and venture's capability of maintaining it(local marketing competence) are the important factors, when EC ventures make the decisions to enter the foreign markets.

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합리적 기계공학 교육과정 및 인증기준에 관한 연구 (A Study of Reasonable Mechanical Engineering Curriculum and Accreditation Criteria)

  • 하일규;송동주
    • 공학교육연구
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    • 제15권6호
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    • pp.19-33
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    • 2012
  • We analyze the problems of curriculum management and accreditation criteria through data analysis and survey on domestic and foreign curriculums and accreditation criteria, propose an efficient curriculum model based on educational realities and requirements of all university members and suggest improvement direction for more efficient curriculum management and accreditation criteria. For this study, we investigate curriculum data of several domestic and foreign universities, analyze the datum in various aspects and conduct a survey on curriculum management and accreditation criteria for collecting extensive opinion of university members on curriculum management and accreditation criteria. We expect that the proposed curriculum model and improvement direction of curriculum and accreditation criteria will help university members to efficiently manage accreditation programs.

국내. 외 철도차량 진동규격 비교 분석 연구 (Comparative Analysis on Rolling Stocks Vibration Standards done at Home and a Broads)

  • 김종걸;심중호
    • 대한안전경영과학회:학술대회논문집
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    • 대한안전경영과학회 2006년도 추계공동학술대회
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    • pp.223-238
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    • 2006
  • It is an hot issue to reduce vibration for improving quality, reliability and safety in railway vehicles including magnetic levitation, monorail way, surface car etc. This paper aims at literature survey in rolling stocks vibration standards Initially, it has been evaluated by researching and analysing of foreign standards to judge wheather or not the standards being applied in domestic are reansonable and scientific. After that we are proposing the standards of vibration after comparing and analysing the ones in domestic and foreign.

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Kano 품질속성 평가방법론들의 실증적 비교분석 (An Empirical Comparative Analysis Between Kano and Improved Kano Methods)

  • 윤재욱;이희영
    • 품질경영학회지
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    • 제37권4호
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    • pp.31-42
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    • 2009
  • Various studies have been undertaken in order to effectively understand customer requirements. Kano proposed a dualistic approach, physical fulfillment and customer satisfaction, to differentiate Attractive, Must-be, One-dimensional quality attributes. As there were a few limitations on the Kano's method, researchers have proposed improved methods. However, there have been few empirical evidences that the improved methods are superior to the original Kano's method for identifying relevant quality attributes. The objective of this study is to provide a comparative study on Kano and improved Kanomethods based on empirical analysis of quality attributes on University services. For the analysis of the questionnaire formats, the Kano's original 5 scale questionnaire is more effective than improved methods, direct and 3 scale questionnaire. For the analysis of evaluation methods, the original Kano and Timko's method using the evaluation table are more effective than quantifying methods, Domouchel and Lim's methods.

IMF사태 전후 캐주얼 의류 유통 집약도 (The Distribution Intensity for the Casual Wear Before and After IMF Management System)

  • 정현주
    • 한국의류학회지
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    • 제24권7호
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    • pp.1056-1064
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    • 2000
  • The aim of this paper was to look at distribution intensity of casual wear brand before and after IMF Management System. It also provides the guide to distribution design and reinforces the strategy of the brand of it. Since the firm especially in casual wear industry recently has had difficulty in how to decide and to select the distribution numbers in the domestic market. Based on the data in‘98 Korea Fashion Guide’and ‘Korean Fashion Brand Annual’, 78 brands had been analyzed with percentage, multiple regression. The results were as follows: In general, the lower the price of the product is and the higher the total sale is, the more intensive the distribution of the casual wear brand is before and after IMF Management System. The longer the launching period is, the more intensive the distribution of the casual wear industry is after IMF Management System. Besides, there is difference between the brand origins in the distribution intensity. In addition, two brand types were classified and tested. The distribution intensity of jean casual wear and uni-sex casual wear have related to the price after IMF and the total sale before and after IMF Management System while there is no relationship with the launching period before and after IMF Management System. The distribution intensity of the domestic brand have related to the price, and the total sale, while the foreign brand has a relationship with the total sale before and after IMF Management System. The foreign brand has related only to launching period after IMF Management System.

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