• Title/Summary/Keyword: Global Market

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Information Flow Effect Between the Stock Market and Bond Market (주식시장과 채권시장간의 정보 이전효과)

  • Choi, Cha-Soon
    • Journal of Convergence for Information Technology
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    • v.10 no.3
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    • pp.67-75
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    • 2020
  • This paper investigated the information spillover effect between stock market and bond market with the KOSPI daily index and MMF yield data. The overall analysis period is from May 2, 1997 to August 30, 2019. The empirical analysis was conducted by dividing the period from May 2, 1997 to December 30, 2008 before the global financial crisis, and from December 30, 2008 to August 30, 2019 after the global financial crisis, and the overall analysis period. The analysis shows that the EGARCH model considering asymmetric variability is suitable. The price spillover effect and volatility spillover effect existed in both directions between the stock market and the bond market, and the price transfer effect was greater in the period before the global financial crisis than in the period after the global financial crisis. Asymmetric volatility in information between stock and bond markets appears to exist in both markets.

A Study on Measures for Strengthening Local Logistics Company's Competitiveness to Entry into UN (Market) (국내 물류기업의 유엔(시장)진출을 위한 경쟁력 강화방안 연구)

  • Shin, Seok-Hyun;Kwak, Kyu-Seok;Kwon, Moon-Kyu
    • Journal of Navigation and Port Research
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    • v.37 no.4
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    • pp.439-445
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    • 2013
  • Domestic large group logistics company(2nd-party logistics company)has made inroads on large portion of domestic logistics market, whereby the domestic 3rd-party logistics market has been shrinking every year to a level of 30% or so. Global logistics enterprise is steadily increasing 3rd-party global market portion while Local one facing with stagnating growth has very minimal level in the global market share. Fortunately new government strengthening policy change toward local SME and also recent UN's supplying line enlargement to Asia regions are positive factors which make Local SME very positive environments to advance to UN procurement logistics market. On this occasion, the purpose of this paper is to help local logistics company perform successful bidding through study of UN-transportation case and also suggest in SWOT analysis a segmented measure and support policy between Industry, Academia, Government and Institute.

An Empirical Study on the Execution Factors Affecting on Corporate Performance in the Global Electronic Commerce (해외 역직구의 핵심역량이 기업성과에 미치는 영향에 관한 실증연구)

  • Kim, Chang-Bong;Min, Cheol-Hong
    • Korea Trade Review
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    • v.43 no.4
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    • pp.219-245
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    • 2018
  • Recently Korea affected by the US and China trade wars, has been stagnant in the global trade market. However, the global e-commerce market is growing and emerging with new trade opportunity. The purpose of this study is to derive factors of the execution of cross border electronic commerce in the global e-commerce market and to grasp the effects of these factors on firm performance and ultimately to provide policy implications for export expansion. For this purpose, we conducted a literature review to derive the factors for firm performance in the global e-commerce market. Subsequently, conceptual research model and research hypotheses were estabilished, and empirical analysis was conducted through questionnaires. As a result of the empirical analysis, trust and ICT capability have a positive effect on firm performance, and the impact of trust on firm performance depends on the level of dispute settlement. However, ICT capability does not affect firm performance. This study differs from previous studies in that it considered global e-commerce from the perspective of the enterprise and examined factors for firm performance.

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A Method on the Selection of the Promising IT Equipment (정보통신기기 품목간 유망성 비교 방법론)

  • 김수현;주영진;박석지
    • Journal of Korea Technology Innovation Society
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    • v.2 no.2
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    • pp.266-274
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    • 1999
  • The world market is being restructured into one global market. The globalization makes the competition m IT industry more vigorous. It is, therefore, the vital procedures that the selection of the promising items among IT equipment and the intensive investment on the selected items to gain the competitiveness in the area of IT global market. With these in mind, in this paper, we introduce a very systematic and objective method which appraises the promise of IT equipment. The method is based on the factor Analysis which is very popular and powerful statistical technique.

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ETSI SMG Development of Standards for the UMIT

  • Samukic, Antun
    • Information and Communications Magazine
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    • v.14 no.11
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    • pp.22-28
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    • 1997
  • ETSI SMG plays a key role at the development of standards for the UMTS Universal Mobile Telecommunications System, a set of standards aimed at the global market. It will be a real Third Generation Global System for Mobile CommunlcaUons adding new features and Introducing relevant technological InnovaUons while evolving from both GSM and ISDN networks. UMTS Is based on the carefully selected market requirements and belongs to the IMT-2000 family. UMTS standardlsaUon Is a market driven process being developed In a close co-operatlon with the UMTS Forum and GSM MoU.

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Global Building Market Assessment through 2019 Global Insight Analysis (Focusing on architecture) (2019년 글로벌 인사이트 분석을 통한 글로벌 건설시장 평가(건축분야))

  • Han, Jae Goo;Park, Hwan-Pyo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.06a
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    • pp.212-213
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    • 2020
  • In this study, the market growth potential for the construction sector and the company's ease of entry were analyzed by using construction scale and risk data among global insight data. The survey was conducted in 74 countries. The purpose is to provide basic data whose result can be used as policy-based data for the overseas construction industry.

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Born Global Strategies and the Corporate Performance of Korean Firms

  • Che-Yung Kang;Min-Ho Kim
    • Journal of Korea Trade
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    • v.27 no.1
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    • pp.159-175
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    • 2023
  • Purpose - This paper empirically investigates the relationship between born global strategy and the accounting- and market- based financial performance of Korean firms. Further, this study identifies the characteristics of born global firms (BGs) in comparison with non-BG counterparts in terms of size, R&D, and liability. Design/methodology - Using a database of listed Korean SMEs in the manufacturing sector from 2010 to 2020, this study applies panel generalized least squares (GLS) estimation and logistic regression techniques. Findings - This study finds that BG strategy is negatively related to the firm's accounting-based financial performance, while it is positively related to the market-based financial performance. This study also finds that BGs have higher sales volume and more total assets compared to their non-BG counterparts. In addition, Korean BGs spend more on R&D, and at the same time have higher liability. Originality/value - BGs, by definition, are firms that are actively penetrating foreign markets from the early stages of their establishment. Previous studies of Korean BGs have tried to identify the determinants of BGs' rapid internationalization and their superior performance. However, most of these studies have utilized either qualitative case- or survey-based analyses with relatively limited numbers of observations. From a different perspective, this study provides more objective evidence by investigating how the BG strategy affects the financial and market performance of firms, and by characterizing BGs in terms of financial data.

The Strategy of Korean Corporations on Imported Prestige Brand Market (수입명품시장에서의 국내기업의 대응전략)

  • 염대성
    • Journal of the Korea Society of Computer and Information
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    • v.8 no.3
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    • pp.170-178
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    • 2003
  • The income range of Korean households goes both extremities over a period of several years, and the consumption shows same phenomenon as well. The prestige market that brings a stable sales and profit for the corporations is full of foreign prestige brands in Korea. Furthermore, the market share of imported prestige brands is growing rapidly. Nevertheless, Korean corporations are still focusing on mass market and even acknowledge the comparative competitiveness of global prestige brands. This thesis aims to analyse the current prestige market and the strategy of global prestige brands in Korea, and to propose the strategy for Korean corporations.

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A Theoretical Investigation on Global Expansion of Shipping Companies (해운기업의 국제진출 동기에 대한 이론적 고찰)

  • Jung, Jun-Sik
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.44
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    • pp.181-210
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    • 2009
  • This paper discusses global expansion and global strategies of shipping firms. Acknowledging the lack of research on global expansion by freight transport companies, this paper employs the resource-focused model, and explores "why shipping companies emerge" and "why the strategic behaviour of shipping companies is different in the global market". Despite there being a plethora of theoretical and empirical studies on the international operations of business organisations, it is acknowledged that researchers have largely neglected the issues regarding the international expansion within the freight transport industry. Identifying the general lack of contemporary studies concerning the international behaviour of shipping firms, this study addresses the important gap in our knowledge in the theoretical manner. The theoretical analysis suggests that the shipping company's internal resources can be a real reason for the international market participation.

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[Retraction] A study on strategy for Korean education contents to enter the global market through popularization of Korean Wave ([논문철회] 한류의 대중화를 통한 한국 교육컨텐츠의 세계시장 진출전략 연구)

  • Park, Hyun-Kyu
    • Journal of Digital Convergence
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    • v.18 no.5
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    • pp.99-104
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    • 2020
  • It is needed to advance into the global market at the present time, which has the best educational contents along with the Korean Wave. In this study, an analysis was conducted to emphasize the necessity of entering educational contents into the global market, and in the necessity of disseminating educational contents and branding educational contents were approached. The strategies to enter the global market for educational contents are as follows; First, the government established a strategy for disseminating and using educational contents to expand overall cultural exchange with developing countries. Second, localization strategy for continuous growth of educational contents. Third, localization of contents and formation of partnership for local resistance, which is a response to unilateral propagation. Through the advancement of educational contents to the global market, it will be possible to sustain not only the positive effect on the national image, but also the economic effect that Korean Wave originally has.