• Title/Summary/Keyword: Growth Management

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Analyzing the Influence of Policy Measures for Growth Management Plan (성장관리방안 정책수단의 영향력 분석)

  • Jeon, Byung-Chang
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.3
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    • pp.253-268
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    • 2020
  • This study examined the effectiveness of policy measures in a growth management plan by analyzing empirically the influence of regulations and incentives in a non-urban growth management plan of Sejong City using the binomial logistic model. The parcel unit data related development location of Sejong City from 2012 to 2017 was used in the model. The analysis showed that time regulation in the growth management plan has a negative (-) impact on the spread of development, which means it is effective in slowing urban sprawl by lowering the profits of developers. The time regulation applied in Sejong City needs to be used actively in other cities in Korea to prevent urban sprawl. Nevertheless, floor ratio incentives had no influence in inducing development within the growth management area, which means a new incentive policy to meet the local characteristics is needed to strengthen the effectiveness of the growth management plan. This study is meaningful because it attempted an empirical analysis of the effects of the growth management plan at The National Territory Act, and this study could encourage further studies.

Selection of Frontier Green Construction Product

  • Hyounseung Jang;Seokin Choi;Boknam Lee;Wooyoung Kim;Chulki Chang;Younghwan Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1426-1432
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    • 2009
  • Green growth is summarized as the national growth strategies to enhance the quality of life as a whole by converting not only the lifestyle but the economic and industrial structures into the low carbon and eco-friendly environments with the green growth industries with low carbon as the momentum for new growth, based on green technologies including renewable energy technologies, energy and resource efficient technologies, converging technologies related to technologies to reduce the environmental pollution. Roles of the construction industry along with other industries are very important in securing justifications for the cooperation between our government and industries for challenges to this green growth as well. The national effects of economy are very large from leading the construction industry to the green construction from the national level. Accordingly, this study suggested responsive plans for both government and companies for the activation of green construction by selecting 15 frontier green construction products and analyzing them by the type of strategy in Korea, as well as analyzing recent trends of overseas green construction.

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Self Sustainable Win-Win Growth Model for Korea Franchise Corporate Sustainability (한국 프랜차이즈 지속가능경영을 위한 자생적 동반성장 모형)

  • Kim, Insook;Lee, Sang-Seub
    • The Korean Journal of Franchise Management
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    • v.9 no.1
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    • pp.7-15
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    • 2018
  • Purpose - The purpose of this study was to establish self sustainable win-win growth model for Korea franchise corporate sustainability and to suggest theoretical and practical implications for franchise management. Research design, data, and methodology - This study is based on literature review methodology. Result - The study suggested the ways of self sustainable win-win growth model for Korea franchise corporate sustainability. First, franchiors should strengthen requisite & specify in the contract, share information & strengthen transparency, and establish win-win management support system for control & autonomy balance. Second, franchises should develop CEO management competency & employee work competency, and establish recognition for Intellectual Property Rights Use. Third, franchisors and franchises should implement contract sincerely, strengthen Organizational Citizenship Behavior, and solve moral laxity. Forth, franchisors and franchises should establish trust and value with communication to make Creating Social Value. Fifth, franchisors and franchises should realize self sustainable social value for corporation and social community. To make this, franchsors and franchise should establish self sustainable win-win growth ecosystem with people, system, culture, innovation. Conclusions - First, Franchisors and franchises should distribute 'Self sustainable win-win growth 2025 for Korea franchise corporate sustainability' and 'Self sustainable win-win growth model for Korea franchise corporate sustainability'. Second, Franchisors and franchises should change their perspective about franchise industry. Third, Franchisors and franchises should develop various training and development plans for franchise industry. Fourth, Franchisors and franchises should establish franchise performance certificate system.

A study of the relationship between corporate governance and real earnings management: Based on foreign investors and growth (기업지배구조와 실제이익조정의 관계 연구: 외국인투자자와 성장성을 중심으로)

  • Kang, Shin-Ae;Kim, Tae-Joong
    • Journal of Distribution Science
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    • v.12 no.4
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    • pp.85-92
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    • 2014
  • Purpose - This study conducted empirical research on non-financial corporations listed on the stock exchange from 2001 to 2010, focusing on the effects of corporate governance on real earnings management of corporations. In particular, this study examined primarily the impact of the largest shareholder who could use earnings management to pursue his own self-interest, and foreign investors who played a checking role against the largest shareholders. The study also reviewed the relationship between corporate governance and earnings management while also considering corporate growth. Research design, data, and methodology - As for the measurements of real earnings management, abnormal operating cash flow and abnormal production cost were utilized. As for the independent variables, share ratio of the largest shareholder and affiliate person (M) and share ratio of foreign investors (FT) were leveraged. This study excluded those organizations that had changed their fiscal years, those that had not submitted an audit report, corporations under supervision, delisted corporations, corporations that had changed their business type, and so on, from the non-financial corporations out of the publicly traded corporations whose fiscal year ended in December from 2001 to 2010 in addition, KIS values were utilized for the corporate financial data in the study. To verify whether management structure and growth had an impact on real earnings management of a corporation through empirical analysis, a multiple regression analysis model was applied. Result - First, as a result of the analysis, the share ratio (M) of the largest shareholder and affiliate person was found to have a significant positive correlation with abnormal cash flow from operations(ACF) and abnormal production cost (APD). When controlling the growth, the share ratio (M) of the largest shareholder and affiliate person was found to have an insignificant correlation with abnormal cash flow from operations(ACF) but a significant correlation with abnormal production cost (APD). Second, foreign ownership (FT) was found to have a significant positive correlation with abnormal cash flow from operations(ACF) and abnormal production cost (APD) at the confidence level of 1 percent when not including the growth dummy. When controlling the growth, foreign ownership (FT) was found to have a significant negative correlation with abnormal cash flow from operations (ACF) and with abnormal production cost (APD). Conclusion - The results imply that the largest shareholder is closely related to earnings management through real activities regardless of corporate growth. It is also possible to determine from these results that foreign investors are related to earnings management through real activities when not considering corporate growth, but that they would reduce earnings management in the case of considering the growth. Thus, this study verified along with the existing studies that foreign investors were conducting the control function on controlling shareholders.

A Study on the Analysis Procedures of Nonlinear Growth Curve Models (비선형 성장곡선 모형의 분석 절차에 대한 연구)

  • 황정연
    • Journal of Korean Society for Quality Management
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    • v.25 no.1
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    • pp.44-55
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    • 1997
  • In order to determine procedures for a, pp.opriate model selection of technological growth curves, numerous time series that were representative of growth behavior were collected according to data characteristics. Three different growth curve models were fitted onto data sets in an attempt to determine which growth curve models achieved the best forecasts for types of growth data. The analysis of the results gives rise to an a, pp.oach for selecting a, pp.opriate growth curve models for a given set of data, prior to fitting the models, based on the characteristics of the goodness of fit test.

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Reliability Growth Management for Armed Vehicle : Launcher System Case Study (기동장비 신뢰도 성장 관리 연구 : 발사대 체계 사례)

  • Lee, YJ;Bae, GB;Heo, YM;Seo, JH;Kim, SB;Choi, JK;Park, WJ
    • Journal of Korean Society for Quality Management
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    • v.45 no.4
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    • pp.981-994
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    • 2017
  • Purpose: In this study, the reliability growth management procedures for armed vehicle is suggested and an illustrative case study of launcher system is given. Methods: Crow-AMSAA model is adopted to manage reliability growth of armed vehicle using failure data acquired from development test phase to field operation phase. Between the development test phase and the production phase, the suggested reliability growth procedures for armed vehicle entails accelerated life test of the selected module whose design is changed to improve its reliability for assuring the target system reliability. And it can be verified through estimating the system reliability based on the failure data of field operation phase. Results: It is shown that the proposed reliability growth management procedures are effective for armed vehicle based on the case study of launcher system. After estimating the reliability of launcher system at every development test, some items are selected to change their designs for improving reliability. Accelerated life test is performed to prove the reliability improvement and finally it is verified through the field operation. Conclusion: The reliability growth management procedures for armed vehicle is suggested and the case study of launcher system shows it can be effective for managing the reliability growth of the armed vehicle.

A Study on the Human Resource Recruitment and R&D by the Growth Stage of ICT SMEs (ICT 중소기업의 성장단계별 인적자원 채용 및 연구개발에 관한 연구)

  • Jung, Byoungho;Joo, Hyungkun
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.17 no.4
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    • pp.177-195
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    • 2021
  • The purpose of this study is to examine the trouble of recruitment and research and development of ICT SMEs. Recently, many ICT SMEs have emerged for selling products and services using the technology of the 4th industrial revolution. However, SMEs have relatively deficient resources compared to large companies, the difficulty of maintenance or growth of human resources and intangible resources. This research methodology organized the four stages of the analysis process. The first analysis is the association rules for human resource recruitment. The second analysis is the difficulty of hiring jobs and experienced workers by each stage of company growth. The third analysis is a regression analysis of the trouble of R&D activity. The last analysis is an analysis of association rules on the difficulties of management activities by company growth. As the research result, the first analysis has shown a difference in favored human resources by the ICT industry. The second analysis also showed factor differences in job recruitment difficulties for each stage of corporate growth. In the third analysis, the operation of research institutes in ICT SMEs is influenced by industry type, corporate certification, corporate growth stage, self-technology development, joint technology development, technology transfer, and commercialization. As the last analysis, ICT SMEs showed factor differences in difficulties in management activities by stage of corporate growth. This study contributed empirically emphasizing the troubling phenomenon of human resources and R&D necessary for the growth of ICT SMEs. As a theoretical implication, this research contributed to the research-area expansion of management information using big-data technologies. In particular, this research practically suggests the differentiated direction of recruitment and R&D by ICT SMEs based on industry and each stage of company growth through the association rules of big data.

Design of Smart Farm Growth Information Management Model Based on Autonomous Sensors

  • Yoon-Su Jeong
    • Journal of the Korea Society of Computer and Information
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    • v.28 no.4
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    • pp.113-120
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    • 2023
  • Smart farms are steadily increasing in research to minimize labor, energy, and quantity put into crops as IoT technology and artificial intelligence technology are combined. However, research on efficiently managing crop growth information in smart farms has been insufficient to date. In this paper, we propose a management technique that can efficiently monitor crop growth information by applying autonomous sensors to smart farms. The proposed technique focuses on collecting crop growth information through autonomous sensors and then recycling the growth information to crop cultivation. In particular, the proposed technique allocates crop growth information to one slot and then weights each crop to perform load balancing, minimizing interference between crop growth information. In addition, when processing crop growth information in four stages (sensing detection stage, sensing transmission stage, application processing stage, data management stage, etc.), the proposed technique computerizes important crop management points in real time, so an immediate warning system works outside of the management criteria. As a result of the performance evaluation, the accuracy of the autonomous sensor was improved by 22.9% on average compared to the existing technique, and the efficiency was improved by 16.4% on average compared to the existing technique.

A Study on ESG Management Strategy for Sustainable Management : Focusing on Samsung Biologics Case (지속가능 성장을 위한 ESG경영전략 : 삼성바이오로직스 사례를 중심으로)

  • Lee Changgi;Kim Sunggun
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.19 no.4
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    • pp.179-192
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    • 2023
  • ESG is the hottest topic in recent business management or business administration. In particular, with the release of the IPCC's 6th comprehensive report in 2023, environmental issues have been further raised around the world, and ESG management for sustainable and permanent companies is accelerating by improving social and governance structures, including the environment, and thereby enhancing corporate value. This case study is analyzed based on the theory of sustainable growth, creating shared value, and corporate social responsibility. This study focuses on the case of Samsung Biologics, which is pursuing sustainable growth and management through ESG management. Samsung Biologics is the first Korean company to win the "Terra Carta Seal" award, part of a sustainable market initiative to respond to climate change, and externally, it has acquired the Dow Jones Sustainability Index, acquired the KCGS ESG comprehensive evaluation A grade, acquired the CDP B grade, and acquired the EcoVadis Gold grade. It has joined the Sustainable Market Initiative launched by King Charles III since the World Economic Forum in 2020 to chair the Supply Chain. It has joined RE100, TCFD, and UN Global Compact to lead sustainable management through ESG activities. Therefore, we would like to take a practical approach to ESG management strategies for sustainable growth through the example of this company.

A Study on the Relationship between National Controlling Fleets and the Managerial Performance of Ship Management Companies in Korea

  • Sang Bae Lee;Chi Yeol Kim
    • Journal of Navigation and Port Research
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    • v.48 no.2
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    • pp.104-108
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    • 2024
  • This study investigates the relationship between national controlling fleets and the managerial performance of ship management companies in Korea. As industries clearly show interrelations between upstream and downstream entities , it is likely that the managerial performance of ship management companies in Korea is affected by the size of national fleet. Therefore, the present study analyzes the impact of Korean fleet size on the growth and the profitability of ship management firms. To this end, the performances of 10 major ship management companies in the period from 2012-2022 are examined through panel data regressions. The results indicate that the size of the national fleet has a positive impact on growth in both the assets and the sales of ship management companies. Specifically, the size of the Korean-flagged fleet is the most crucial factor, while that of the foreign-flagged fleet has no significant effect. In stark contrast to the findings regarding growth, the size of national fleet is found to have no significant impact on the profitability of ship management companies. This study's findings are expected to provide valuable implications informing both the managerial decision-making of ship management companies as well as policy-making for shipping and its related industries.