• 통상정보연구
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• 제10권3호
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• pp.163-195
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• 2008

This paper want to do the feasibility analysis that it uses financial statements in order to attract foreign investment to enter in the Busan area. And this paper would be presented the plan about foreign investment revitalization. To that end, this paper would be deployed the following methods and scope. First, It defines to the concept of foreign investment, foreign investment region, and foreign-invested enterprises, I wish to loot at the economic effects of positive and negative effects through foreign investment. Second, this study's scope would be set up foreign investment area of Busan, and investigate the land development cost of invested enterprises, construction cost of enterprises burden, expected revenues, etc. Third, it classified three industry for the feasibility analysis of entered enterprises, so would be yield industry-specific analysis using financial statements to be pre-research. Forth, this paper is suggested a revitalization plan for efforts to attract foreign investment, for the future through economic effective analysis of foreign invested-enterprises.

• The Journal of Asian Finance, Economics and Business
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• 제9권2호
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• pp.133-140
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• 2022

The impact of State management factors on transfer pricing activities of foreign direct investment enterprises in Vietnam is examined in this study. This adds to the empirical evidence on factors affecting transfer pricing activities of foreign-invested enterprises in Vietnam. A questionnaire survey of officials directly involved in the inspection of transfer pricing activities is used as the research method. The study yielded 226 questionnaires. The author chose 210 questionnaires after deleting those that were ineligible due to a large number of blank cells. The following procedures are used to process the data from the satisfied votes: Cronbach's Alpha test to measure the reliability of the scale; Exploratory factor analysis to break down data into smaller sets of variables to discover the underlying structure; Descriptive analysis to describe the underlying quantitative features of the data; Correlation and regression analysis to evaluate the relationship between variables with the support of SPSS 25 software. Inspection pressure, professional inspector qualifications, and inspector role, State control organization, inspector professionalism, legal corridor on transfer pricing control, macroeconomic situation, and investment environment have a positive impact on state management on transfer price operations, according to research findings. The author has provided solutions to increase the efficiency of State management on transfer pricing operations of foreign-invested businesses in Vietnam based on the research findings.

• 무역학회지
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• 제45권2호
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• pp.51-65
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• 2020

According to an analysis of 560 foreign-invested companies investing in South Korea's manufacturing industry, the following three facts were found. First, the proportion of sales by manufacturing foreign-invested companies is divided into 68.5 percent of domestic sales and 31.5 percent of exports. From 68.5 percent of domestic sales, sales to Korean companies are 60.5 percent, including 37.1 percent for large companies and 23.4 percent for small and medium-sized companies, while only 8.0 percent for domestic consumers. Second, the investment sectors of manufacturing foreign-invested enterprises are 'machine and equipment manufacturing', 'chemical and chemical-chemical material manufacturing-excluding pharmaceuticals', 'electronic components, computers, video, sound and communication equipment manufacturing' and 'vehicle and trailer manufacturing'. It overlaps with electric·electronics, petro-chemicals and automobiles, which are Korea's main industries and areas of Korean global companies. Third, 31.5 percent of the sales of foreign-invested companies in the manufacturing sector are exported. Foreign-invested companies export their products to use them for their parents or affiliates or to the third countries. The analysis shows that foreign-invested companies invested in Korea for B2B transactions with Korean companies. The implications are that Korea can attract foreign investments by utilizing Korean companies' demand for intermediate goods. Foreign-invested companies can invest in Korea in order to use Korea, which has signed free trade agreements with the US, the EU and ASEAN, as an export platform.

• 분석과 대안
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• 제4권2호
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• pp.39-70
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• 2020

This paper examines the changing roles of ownership in the economic growth by using a panel data set of 30 provinces in China for the period (1999-2010). With the use of absolute and relative presence variables, this study shows that private enterprises have emerged as the engine of economic growth in China in the later period (2005-2010). The growing size and number of private enterprises are positively linked to growth. However, though foreign-invested enterprises have been acclaimed as the main contributors to economic growth in China, they have minimal effect on the economic growth in the later period. State-owned enterprises have a significant and negative effect on the economic growth in the later period. The results can be interpreted that the engine of growth in China has been changed over time from other ownerships to private ownership. Private companies have developed a lot in every respect and started to lead the economy for long-run growth. China initiated its economic growth by adopting foreign capital and it is still the top destination for foreign direct investment among developing countries. However, to sustain the growth over a long period, private sector should be of great importance and perform a key role in the view of catch-up economics.

• 경영과정보연구
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• 제1권
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• pp.333-362
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• 1997

Since the profess of the reformation and opening Policy in 1978, China has been outstandingly developed its economy and increased the real scale of its economy 4 times as big as before, and is expected to rise as a superpower holding in check U.S.A even in economy as well as politics, military affairs and diplomacy in the 21st century. In this position, China has constantly tried to join WTO since 1986, as an effort to gain a status in the international society. It hsa been making various economic reformations to provoke a crustal movement in its own economy such as tariffs lowering measurement for the almost whole items, remove of restriction of import items, lowering the refunding rate of over deposit tax and annihilation of the special treatments for the foreign investment. In short, recently Chinese government is cutting down the special treatments for the foreign capital enterprises and changing the policy to the direction of gradually reinforcing the control, so it requires that our enterprises trying to advance and invest in China have to consider these carefully. Investment in China of our enterprises become serious since 1990 is focused on such labor intensive industries as textiles, sewing and shoes which lost the competitive power due to the wage increase. Particularly, Pusan economy having played the role of locomotive for Korean economy in the past developing period has been weakened in the competitiveness and not yet activated in 1990s. In terms of this, the enterprises engaged in such typical industries of Pusan as shoes, textiles and sewing have borne much fruit from the investment in China with abundant and cheap labors. However, from a few years the enterprises in Pusan invested in China due to the cheap labors and rich resources and invested in China have suffered much troubles and failures more and more resulted from the advancement without sufficient previous knowledge and information related to the investment including investment environment. Therefore, at the time of advancement in China, Korean enterprises should make their decision related to the investment, after taking these investment environment into account previously to a full extent and making an investment strategy.

• 무역학회지
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• 제44권1호
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• pp.87-99
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• 2019

Recently there are sharp increase in number of studies related with facilitation of Inward-FDI or Multinational Enterprises invested in Korea region. The most of studies are mainly purposing to survey - 1)how Korea Government makes counter plan and assistance policy to make foreign capital and Inward-FDI more attractively and aggressively, 2)what is the new framework or system for Inward-FDI policy, 3)what is economic effect of Inward-FDI, 4)what are determinants or conclusive factors of FDI in Korea. Under this situation, the goal of this report is to find out the new way for Multinational Enterprises to reinvest continuously thru getting their better investment performances on several factors including Marketing Competence, Management Ability, Localization Management Skill, Business Management Strategy, and R&D Competitiveness which would be much more important determinants influencing re-investment of Multinational Enterprises in Kora. This report based on the empirical result and comprehensive analysis will eventually help policy makers to implement the appropriate strategy and support Multinational Enterprises to proceed positive circle's re-investment activity in the end.

• 한국콘텐츠학회논문지
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• 제22권6호
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• pp.692-700
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• 2022

외국인 투자기업의 사멸 연구를 위해 2013년부터 2017년까지 국내 시장 외국인 투자기업을 연구의 대상으로 선정했다. NICE 평가정보(주) 외국인 투자법인 자료를 표본으로 수집하고, 정제를 거쳐 분석에 사용했다. 종속변수인 외국인 투자기업 사멸에 대한 실증비교 검증은 기업 특성 지표인 외국인 투자 지분율과 근로자 수, 재무 유동성 지표는 자본, 자산, 부채, 매출, 수익성 지표로는 영업이익과 매출이익을 분석에 재무비율 지표로 ROA와 ROE를 사용했다. 이후 외국인 투자기업의 소유 지분을 100% 소유한 단독 투자기업과 합작회사, 기업분류에 따른 대기업과 중소기업의 사멸률을 실증했다. 외국인 투자기업 사멸률 영향요인 분석에서는 기업의 종업원 수, 부채, 영업이익과 매출이익 모두 기업의 경영위험도를 낮춰 지속 가능한 경영을 유지하는 효과가 있은 것으로 조사되었다. 그러나 지분 투자율, 자본, 자산, 매출 지표는 유의하지 않은 것으로 조사되었다. 외국인 투자기업 사멸률 실증 비교분석 결과에서도 100% 지분을 소유한 단독 투자기업과 대기업이 합작기업과 중소기업보다 상대적으로 사멸의 위험이 낮고, 지속 가능한 경영 가능성이 큰 것으로 분석되었다.

• 국제지역연구
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• 제13권3호
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• pp.439-458
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• 2009

본 논문은 직접투자를 실시하고 있는 2 국 2 기업모델을 이용하여 다국적 기업의 R&D 활동을 자국에 유치하기 위한 정부의 보조금 정책에 대해서 분석을 하였다. 일반적으로 다국적 기업의 R&D 활동에는 경쟁기업의 기술력을 높이는 파급효과 있으며 다국적 기업은 경쟁기업으로부터 파급효과를 얻기 위해서 자회사에 R&D 자원을 투입하여 R&D 활동을 실시하는 유인을 가진다. 또한 정부는 다국적 기업의 기술력을 향상시키는 목적으로 다국적 기업이 자국의 자회사에 투입하는 R&D 자원을 증가하도록 다국적 기업의 R&D 투자에 대해서 보조금 정책을 실시하여 자국내의 R&D 활동을 유치하는 동기를 가진다. 따라서 양국정부는 다국적 기업의 R&D 투자에 대해서 보조금을 지급하고 R&D 투자에 경쟁을 촉진함으로써 기업이 자회사에 투입하는 R&D 자원량은 증가하며 기술력은 상승한다. 또한 기업의 이윤증가와 함께 소비자의 경제후생에도 영향을 주며 양국은 상대국 기업의 R&D 활동에 의해서 경제적 이익을 얻을 수 있다. 따라서 양국정부가 상호협조적인 전략으로 기업의 R&D 활동에 대해서 보조금을 증대시키는 정책에 의해 기업이 자회사에 투입하는 R&D 자원은 증가하며 양국의 경제적 이익이 증가하게 된다.

• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.409-422
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• 2020

In the global trend toward economic integration, Vietnamese enterprises desire to attract investment and increase competitiveness in the global market, so they have been required to provide transparent, high-quality financial reports following the International Financial Reports Standards (IFRS). Based on the roadmap drawn by the Vietnam Ministry of Finance, the foreign-invested enterprises, listed enterprises and state-owned enterprises will be applying IFRS in 2030. However, some enterprises in Vietnam have applied IFRS in the presentation of financial statements at the request of related parties for a while. The main research objective of this paper focused on examining the factors affecting the implementation of IFRS in Vietnamese enterprises through descriptive statistics tools, Cronbach's Alpha testing, EFA and logistics regression analysis with the sample collected from 254 Vietnamese enterprises. The methodology in this research was the mixed qualitative and quantitative method. The results show that the higher the profitability, debt ratio and firm size of the enterprise, the more likely it is to apply IFRS. From the results of this study, the appropriate recommendations have been made to promote the implementation of IFRS by Vietnamese enterprises effectively and following the IFRS application roadmap of the Ministry of Finance of Vietnam.

• 무역상무연구
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• 제23권
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• pp.341-372
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• 2004

Since China was admitted to the World Trade Organization (WTO) on December 11, 2001, China has sped up its active participation in the competition of the world economy by lifting its trade and investment restrictions and limits. Its trading system is getting more and more free and its huge market with a population of 1.3 billion has been getting more and more open. With Chinas WTO accession, China has been honoring its commitments to its WTO members by complying with international business practices and WTO rules. For example, it will cut down its import tariffs for automobiles from the present 80% to 25% by 2006. Its financial sector and service industries are open to foreign investors now. As Chinas biggest business partner, Japan has benefited tremendously from Chinas open policies and deepening economic reform. In order to reduce the costs of production, a large number of enterprises from Japan have set up production bases in China since a Chinese workers wages accounts for only one tenth of those of a Japanese worker on the average. Japan has become one of Chinas biggest investors on a par with the United States of America (USA). How are the Japanese enterprises in Japan and in China adjusting themselves to the rapid changes of the Chinese market? What characteristics do the Japanese enterprises in China have? What effects has Chinas WTO accession had on those Japanese enterprises that have invested in China? This paper finds answers to the above questions. It at first reviews the Sino-Japanese economic and trade relations since 1980s, then analyses the situation and characteristics of Japanese-invested enterprises in China, and explores their problems in China. Finally it puts forward some suggestions for the Japanese enterprises in China.