• Journal of Korea Trade
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• v.27 no.2
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• pp.77-95
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• 2023

Purpose - This study aims to identify the importance of subsidiary entrepreneurship as a key factor when MNE attempts to invest in challenging overseas markets. Through the simultaneous consideration of institutional theory and entrepreneurship theory, this study would like to examine how Korean subsidiaries in the Middle East improve their performance locally. Design/methodology - To reflect the characteristics of emerging markets, this study conducted a survey of Korean subsidiaries in the Middle East in cooperation with KOTRA and analyzed the hypotheses using a structural equation model based on 249 valid responses. Findings - The findings of this study are as follows. First, we found that institutional and business distance would positively affect subsidiaries' entrepreneurship. The result that subsidiaries' entrepreneurship is positively affected by institutional and business distance implies that attempts to close the difference between heterogeneous markets would increase subsidiaries' innovative proactiveness, such as R&D and creative marketing strategies. Second, we confirmed that the institutional and business distance positively mediate the subsidiaries' entrepreneurship growth, leading to high performance. Therefore, Korean subsidiaries are required and prepared to establish strategies to better understand institutional and business distances in advance and reduce the liability of foreignness by conducting customized research and training programs before sending Korean expatriates to local subsidiaries in the Middle East. Originality/value - This study contributed to institutional and entrepreneurship theory by proving the traditional relationship between institutional and business distance to subsidiaries' performance and the mediation of subsidiary entrepreneurship.

• Korean Journal of Childcare and Education
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• v.20 no.1
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• pp.91-111
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• 2024

Objective: The purpose of this study is to explore trends in institutional evaluation research in early childhood education through keyword network analysis. This aims to understand trends in academic discourse on institutional evaluation and gain implications for follow-up research and related policy directions. Methods: A total of 6,629 keywords were extracted from 572 dissertations and journal articles published from January 2006 to October 2023 for the purpose of analyzing and visualizing the frequency and centrality of keywords, as well as the structural properties of keyword networks. The analysis and visualization were conducted using the TEXTOM, UCINET6, and NetDraw programs. Results: First, the number of institutional evaluation studies increased steadily from 2006 to 2010 and then decreased, with a higher frequency of studies on daycare centers compared to kindergartens. Second, the most frequently occurring keyword in the analysis was 'daycare center,' and the highest connection strength was found in the term 'daycare-center-evaluation.' Third, network analysis revealed that key terms for institutional evaluation research included 'evaluation certification,' 'recognition,' 'evaluation indicators,' 'teacher,' 'daycare center,' and 'kindergarten.' In the ego network analysis for each institution, 'parent' emerged as a highly ranked keyword. Conclusion/Implications: This study confirmed the perspectives of previous studies by revealing the structure of core concepts in early childhood education institution evaluation research, and provided implications for follow-up and direction of institution evaluation

• Asian Journal of Business Environment
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• v.6 no.3
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• pp.11-14
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• 2016

Purpose - Microfinance institutions (MFIs) in Bangladesh have been providing savings services to their clients at least for the past 15 years. However, whether an MFI should have institutional requirement(s) to be a deposit-taker generates interest among academics and policy makers. Thus, this short note aims to provide a brief overview of institutional properties of MFIs. Research Design, Data, and Methodology - This study used the existing literature and reports by the Microcredit Regulatory Authority' to investigate institutional properties of MFIs. In doing so, we have used 'institutional theory of saving' as a theoretical ground. Although the 'institutional theory of saving' has several important properties, the existing literature mostly discusses seven features such as information, incentives, facilitation, expectation, access, restrictions and security. Results - It is found that MFIs- in general- should have all the seven important institutional properties to be considered as an ideal savings institution. With regards to the microfinance sector in Bangladesh, this study supports that all the NGO-MFIs have these properties to be considered as an ideal deposit taker. Conclusions - The microfinance sector in Bangladesh needs to design and develop comprehensive and customer friendly savings products to further motivate the poor to save in MFIs.

• New & Renewable Energy
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• v.19 no.2
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• pp.40-58
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• 2023

Several offshore wind power conflicts occur due to the problems in which the site selection process led by private operators is improperly managed. To review the institutional improvement measures that solve this problem, domestic and foreign institutions and operational cases were comparatively analyzed, focusing on key actors from the multi-level governance perspective. First, the status of the site selection process in the Republic of Korea, major issues in stakeholder conflicts, and discussions on the planned site system-related laws (draft) were reviewed. Next, the site selection process and relevant cases in Germany, the Netherlands, and Japan were analyzed. In all these countries, site selection is done by the central government. In Germany and the Netherlands, maritime-related ministries establish overall offshore wind power site plans and conduct strategic environmental assessments for these plans. Futhermore, in the process of determining each individual site, extensive site investigation including environmental assessments are conducted. This aspect needs to be supplemented in the discussion on the direction of institutional improvement in the Republic of Korea.

• Journal of the Korean Home Economics Association
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• v.44 no.10
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• pp.1-8
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• 2006

This study examined effects of emotional intelligence and satisfaction of school life on the social competence of institutional children. Data were collected from institutional children of 300 10-12 year old and questionnaire measures were employed. Data were analyzed by t-test, pearson's correlation and multiple regression analyses. Relationships were found between emotional intelligence and social competence as well as satisfaction of school life and social competence. Components of emotional intelligence and satisfaction of school life that predicted social competence were emotional facilitation of thinking and personal relationship between friends. Degree of personal relationship between friends was the most powerful predictor of institutional children's social competence.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.4
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• pp.21-32
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• 2021

This paper aims to investigate the relationship between country-level institutional quality and public debt in the context of Pakistan. The hypotheses of this study were assessed by using the country-level institutional quality data for Pakistan throughout the years from 1996 to 2018. Data came from the World Databank, IMF and Worldwide Governance Indicators databases. For the analysis, ordinary least square, quantile regression and robust regression were employed to assess the factors influencing the public debt. The results of this study indicate that the factors of voice and accountability, regulatory quality, and control of corruption have a positive and significant relationship with public debt, while political stability, government effectiveness, and the rule of law have a negative and significant effect on public debt. Based on the findings, a weak country-level institutional quality poses a substantial market risk as it signals the existence of an unfavorable economic condition that raises public debt. It was also revealed that an improved performance of country-level institutional quality can lead to the improvement of financial market transparency, hence reduce public debt. In contrast to previous studies, the present study will be breaking ground in enhancing public insight regarding the impact of country-level institutional quality on Pakistan's public debt.

• Journal of the Korean Home Economics Association
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• v.43 no.12 s.214
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• pp.43-59
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• 2005

Needs fulfillment is one of the most critical concepts in defining and managing an Institutional Household (IH). Though most major studies in the field have emphasized the importance of needs fulfillment, few studies have focused on the concrete concept and/or strategy for needs fulfillment. This study delved into elaborated concepts and management strategies for needs fulfillment in IH. First, the paper redefined the concept of customers' needs for IH by contrasting the basic needs as a human being with those provided by the family and the employees' needs within IH. The paper dimensionalized the needs and matched them with specific management aspects of IH. Based on the refined concepts of needs, the second part of the paper dealt with the management strategies for needs fulfillment in IH. Needs fulfillment management strategies were discussed in three aspects: needs assessment, needs fulfillment program performance, and program evaluation. Finally, the authors discussed how needs fulfillment management discussed in this paper could be applied to the curriculum development for educating and licensing IH Managers.

• Journal of Korea Trade
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• v.24 no.4
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• pp.71-94
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• 2020

Purpose - Multi-National Enterprises (MNEs) tend to face a high level of institutional pressures in regions with high institutional development level. When complying with institutional pressures, firms try to make decisions to maximize profit while minimizing the risks to them. The purpose of this study is to investigate the influence of the institutional development level on institutional compliance timing by MNEs and the relationship between compliance speed and corporate performance. Design/methodology - The research focuses on three main variables, which are the institutional development level (as a determination of the institutional pressure level), the firm's compliance speed (as a determination of the compliance timing), and the firm's financial performance (as a determination of the corporate performance). We collected 19,869 firm-level data from CSMAR (the China Stock Market and Accounting Research), 6,922 CSR data from RKS (the Rankins CSR Ratings), and province and city-level data from the NERIM (National Economic Research Institute Index of Marketization) and NBSC (National Bureau of Statistics of China). The firms in China were chosen for analysis, and the analysis period was from 2008 to 2017. Random Effects GLS Regression was used to test the relationships among the variables. Findings - This study examined the effect of the institutional development level on the firm's compliance speed, together with the effect of compliance speed on the firm's financial performance of the MNEs in China. We found that the institutional development level positively influenced firms' financial performances, which means the firms' financial performances are better in the region with a high institutional development level. The compliance speed of institutional practice by firms was faster in the higher level of institutional development. However, the firm's delayed compliance led to better financial performance. Originality/value - Studies in the resource dependence view of Institutional Theory often fall short in understanding the theory by overlooking the firm's active decision-making. Thus, the findings do not present a full scope of corporate performance in this regard. This study not only found a way to test the role of a firm's independent decision-making (i.e., compliance timing) when facing the institutional pressure but also prove the significant role of the compliance timing on corporate performance. Also, we were able to test the effect of institutional development level, controlling location-specific variables because we used CSR performance data for MNEs operating in China. Lastly, by doing the above, the findings of this study suggest practical implications to the industry practitioners in MNEs.

• Journal of the Korean Home Economics Association
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• v.50 no.4
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• pp.73-87
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• 2012

The purpose of this study was to analyze the difference in school adjustment and future time perspectives, according to the characteristics in regards to the role models of the children in institutional facilities. Data for this study were obtained from a survey conducted on 310 children aged 11-13. Data were analyzed using various statistical methods such as frequency analysis, chi-square test, t-test, one-way ANOVA, and one-way ANCOVA. The main findings of this study were as follows. First, overall, the majority of children selected entertainers and celebrities as their role models. Also, we found differences in children's school adjustment according to their background variables (gender, staying with their siblings, and having parents alive). Second, having role models was significantly related to the levels of school adjustment as well as the positive future time perspectives of the children. Based on the results, practical implications for children in institutional care were discussed.

• Journal of the Korean BIBLIA Society for library and Information Science
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• v.15 no.1
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• pp.91-116
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• 2004

This study is carried out as a precedent work for the implementation of an Open Access Initiative(OAI) compatible with Korean libraries. Institutional Repository is a new concept for collecting, managing, disseminating, and preserving scholarly works created in digital form by faculty and researchers in individual organizations according to open access paradigm. This study briefly outlines the need for Institutional Repository, their role, constitutional elements, benefits and drawbacks. This is followed by recent case studies of SHEPRA, Dspace, eDoc Server and dCollection. The conceptual model of Institutional Repository was suggested and the key considerations to be taken into account for the successful implementation of Institutional Repository at the beginning stage were proposed from a stakeholder's perspective.