• 제목/요약/키워드: Labor Market Performance

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Factors Influencing Corporate Financial Performance: Empirical Evidence from the Textile and Garment Industry in Vietnam

  • DIU, Tran Thi Phuong
    • The Journal of Asian Finance, Economics and Business
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    • 제10권1호
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    • pp.49-55
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    • 2023
  • Business is an important entity in every economy with its role in job creation, budget contribution, and national output. It can be said that enterprises are also one of the leading units that play a key role in implementing digital transformation, grasping science and technology, and improving labor productivity. Developing a team of enterprises that are both strong in quantity and strong in quality is an urgent requirement in many countries, including Vietnam. Vietnam is a developing country and home to many textile and garment enterprises operating due to the advantages of cheap labor and a large market, the textile and garment industry is capable of creating many jobs for the economy. Studying the factors affecting corporate financial performance across 250 textile and garment enterprises in Hanoi capital and Bac Ninh province, the research results show that when enterprises have the ability to mobilize capital, the cost is cheap, appropriate, and optimal, most businesses often achieve higher business efficiency and financial performance. In contrast, enterprises that are difficult to raise capital in the economy often achieve low financial efficiency and financial performance. The study also confirms the role of human capital in enterprises, enterprises with high human capital often achieve high profits.

The Management Performance of Food Service Startups in Traditional Market

  • LEE, Chul-Sung;KIM, Jang-Hyun
    • 유통과학연구
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    • 제17권12호
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    • pp.95-103
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    • 2019
  • Purpose : Promoting startups has increased in importance in labor market policies since the economic crisis. In Korea, the Ministry of SMEs and Startups is also seeking to revitalize youth startups and traditional markets by moving young stores into idle spaces in traditional markets through 'Project to Support the Activation of Youth Mall'. Research into startups in traditional markets is very limited. Therefore, this study looks at the differences between the management performance of young merchants and senior merchants, and looks at the impact of the business period. Research design, data and methodology : It was divided into youth startup and senior startup based on the age of 40 and startup and nonstartup. Based on these criteria, the company intends to compare and analyze sales and margin rates by setting the sales and margin rates with the management performance of the startup and senior startups. In particular, to look at the feasibility of government funded projects for young merchants, the company will look at the changes in sales and margin rates of young merchants and senior merchants over the period of operation. In this study, the analysis was based on the raw data of the Statistics of traditional market in 2017, and the ANCOVA was used. Results : First of all, the sales volume of stores operated by young merchants, was higher than those operated by senior merchants. Next, the margin ratio does not differ from that of stores that are for young people and those. These findings suggest that the profit structure of stores in traditional markets is similar between young merchants and senior merchants. Third, if you look at the performance of new startups based on one year of business period in more detail, it turns out that young startups have improved in sales and margin rates since startups, while senior startups have no difference. Conclusions : While it means that management performance can be improved through support for young startups, it suggests that there is a limit to supporting senior startups. Therefore, this research indicates that the government support projects centered on youth can contribute to the revitalization of traditional markets.

중소기업 취업자의 직장선택과 이동 그리고 임금 수준 분석 (Job Selection, Separation, and Wage Level of SME Workers: based on a Follow-up Survey on Recent College Graduates)

  • 박재민
    • 한국콘텐츠학회논문지
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    • 제10권9호
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    • pp.387-398
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    • 2010
  • 최근 우리나라 중소기업들은 심각한 수준의 인력부족현상을 경험하고 있다. 많은 선행연구는 이것이 중소기업의 열악한 근무 환경과 낮은 임금 그리고 이에 따른 졸업생의 중소기업 기피에 주로 기인한다고 보았다. 반면 중소기업 취업자가 노동시장에서 차별을 경험하기 때문이라는 노동시장분절 시각에서 접근 되기도 하다. 특히 이 같은 차별이 하향취업과 비전공 취업으로 연계될 수 있고, 결과적으로 빈번한 이직이나 안정적이지 못한 일자리로 이어짐으로써 장기적으로는 효과적인 경력축적을 저해하게 할 수 있다는 지적도 있다. 하지만 그 동안 대부분의 연구는 주로 대학 졸업생의 미취업 탈출에 초점을 둔 반면, 이들의 초기 직업력에 대한 연구는 대단히 적었다. 이에 본 연구에서는 대학 졸업생의 직업력에 대한 추적조사 결과를 활용하여 중소기업 취업자의 이직 경로를 분석하고, 노동시장 진입 과정에 따른 노동시장 성과의 차이를 분석하고자 한다. 분석 결과, 대학 졸업생의 중소기업 경력은 더 많은 그리고 더 장기간의 교량적 일자리를 경험하게 되고, 상대적으로 낮은 임금과 고용불안정을 수반하며, 이 같은 직장이동이 긍정적인 노동시장성과를 동반하지 못하는 등 노동시장에서 인적 자본이나 교육의 질로써 설명되지 못하는 '중소기업효과'가 존재하는 것을 확인할 수 있었다.

Influences of External Factors on Business Performance of Domestic Animal Feed Enterprises in Vietnam

  • NGUYEN, Van Hau;DUONG, Thi Quynh Lien;QUYNH, To Thi Huong;TRANG, To Thi Thu
    • The Journal of Asian Finance, Economics and Business
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    • 제7권11호
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    • pp.575-583
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    • 2020
  • Vietnam is the country with the largest animal feed production in Southeast Asia. Domestic animal feed manufacturing enterprises play an important role in animal husbandry in particular and in agriculture in general. However, domestic animal feed enterprises in Vietnam are encountering shortcomings. This paper is conducted to investigate the impact levels of external determinants on business performance of domestic animal feed manufacturing enterprises, including: (i) policy and economic mechanism, (ii) supply-demand of animal feed products, and (iii) nature and level of market competition. We presented a research method, explaining the dependent variable 'business performance' and the independent variables. Data were collected from 120 questionnaires from domestic animal feed manufacturing enterprises. Based on these data, we use Cronbach's Alpha, EFA and run regression model for assessing the impact levels of each independent variable on the dependent variable of business performance of domestic animal feed manufacturing enterprises. The results show that three external determinants including (i) policy and economic mechanism, (ii) supply-demand of animal feed products, and (iii) nature and level of market competition, have positive relationships with business performance. Based on the findings, some recommendations are given for improving business performance of domestic animal feed manufacturing enterprises to ensure sustainability.

이직사유별 일자리 이행경로 및 결정요인 분석 (Job Transition Process by Reasons of Job Separation and Its Determining Factors)

  • 윤윤규
    • 노동경제논집
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    • 제33권2호
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    • pp.91-134
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    • 2010
  • 본 연구는 고용보험 DB(2000~2007)를 사용하여 이직사유별로 일자리 이행 경로 및 성과를 비교하고, 미취업탈출 및 취업탈출 확률의 결정요인에 대한 회귀분석을 수행하였다. 주요 분석 결과는 다음과 같다. 비자발적 이직의 경우 자발적 이직에 비해 새로운 일자리에서 일자리 기간이 크게 감소하고 실질임금 증가율도 매우 낮다. 이러한 일자리 이행성과의 차이는 체계적인 직장탐색 부족에 따른 우수한 일자리 매칭 확보의 어려움, 노동시장에서의 부정적 신호효과, 이전 일자리에서 축적된 인적자본의 활용 가능성 저하 등 비자발적 이직의 특성을 반영하는 것으로 풀이된다. 실업급여 수급 여부는 미취업탈출 확률을 줄이는 효과를 가지지만 동시에 실업급여 수급 후 진입한 새로운 일자리에서는 취업탈출 확률을 낮추는 긍정적 효과를 가지는 것으로 나타났다.

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Strategic Bundling of HRM for Organizational Performance: an Empirical Study of Publicly Listed Companies

  • Gautam, Dhruba Kumar
    • 아태비즈니스연구
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    • 제5권2호
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    • pp.51-64
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    • 2014
  • Strategic bundling of Human Resource Management (HRM) practices among themselves works together as an entire HRM system rather than individual HRM practices to achieve organizational objectives. The bundles of HR practices support the effectiveness of one another assuming the effectiveness of any practice depends on other practices in place. It is said that the greater the total degree of bundling among the various components of HRM policies and practices, the more will be the organizational outcomes. Realizing these facts, this study aimed to explore the level of strategic bundling and examined the impact of such bundling on organizational performance to the publicly listed companies of Nepal. This empirical study is based on description and exploratory design for which data collected through the questionnaire based on 5-point liker scale. Total population of the study at the time of data collection are 234 organizations publicly listed in Stock Exchange of Nepal. Questionnaire is distributed to all organizations listed, response received from 105 organizations, as a unit of analysis, which is fairly good response. The study of strategic bundling of HRM practices perhaps the first study in Nepal, found that only 32 percent organizations have followed high bundling HR practices and these high bundling organizations are significantly different with low bundling organizations. Business organizations are trying to practice being close association of HRM policies and practices within them except labor relation with employee participation and business strategies. Supporting to the international literature, strategic bundling of HRM practices among themselves shows statistically significant effects on quality of product or services, labor productivity, financial performance, employee satisfaction, rate of innovation, employee commitment and market share.

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참깨 과립종자 제조기 개발 (I) - 시작기 개발과 성능평가 - (Development of a Pellet Seed Machine for Sesame (I) - Prototype and Its Performance -)

  • 이중용
    • Journal of Biosystems Engineering
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    • 제22권2호
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    • pp.163-176
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    • 1997
  • Sesame was one of the economical crops in Korea. However, cultivation area of sesame has been decreasing rapidly due to the lack of mechanization for this crop and the opening of agricultural product market. Sesame seed is so small that ordinary seeder can not seed properly. In rural practice, farmers seed sesame with hand and do thinning after shoot emerges. Seeding and thinning in sesame cultivation take more than 40% of total labor To reduce labor in seeding and thinning, a pellet seed machine for sesame has been developed. The pellet seed machine is very simple in structure. It utilizes the chemical reaction between alginate solution and $CaCl_2$. Two material forms a membrane when they meet The uniqueness of the pellet seed machine for sesame were 1) a counter rotating roller for metering the mixture of activated carbon and alginate and 2) swinging plate for submerging seed into the mixture. The prototype machine can produce 30, 000 pellets per hour and costs ₩6, 891 per 1 km sesame.

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네트워크 시스템 병원의 경영성과 : 비교 연구 (The Financial Performance of Hospitals Belonging to Multi-hospital System : A Comparative Study)

  • 윤영규;서원식
    • 보건행정학회지
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    • 제22권1호
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    • pp.109-128
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    • 2012
  • The purpose of this study is to analyze the performance difference between multi-hospitals and free-standing hospitals. Scholars in industrial economics argue that, due to economies of scale and integration, multi-hospital system may have a better performance compared to freestanding hospitals. The study overturned the hypothesis based on a theory. By analyzing 425 acute-care hospitals in Korea, this research shows that multi-hospital systems and market factors, which have been perceived to be strengths to hospitals, are negatively related to hospitals' financial performance. Specifically, the results showed a better performance of freestanding hospitals compared to multi-hospital systems. Higher labor and administrative cost by multi-hospital system may be the reason for the difference, and it means they are not more effective at cost control. Managers in multi-hospital system, therefore, should pay attention on cost-reducing issues to regain managerial efficiency of organizations.

A Study on the Feasibility of Win-Win Growth in Wholesale Market

  • WON, Jong-Moon
    • 산경연구논집
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    • 제11권4호
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    • pp.31-38
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    • 2020
  • Purpose: At a time when the distribution industry is dominated by capital and technology, win-win growth among businesses groups (BGs) in wholesale market is becoming a social issue. Therefore, through analysis of market growth, market concentration (MC) and market power (MP), we want to identify the structure of the wholesale market and the competitiveness of the BGs in terms of market share (MS), sales-profit ratio (SPR), and labor productivity (LP) to explore the possibility of win-win growth. Market situation: Wholesale and Retail sales ratio (W/S) continues to increase, which also means inefficiency in distribution channels or opportunities in wholesale markets. Wholesale sales have grown 8.3 percent annually over the past 15 years, while the number of companies and workers has declined since 2017, which is why some restructuring is believed to begin in the wholesale industry. In terms of MC and MP, the growth potential of SBG can be found in FCB, ARM, FBT and CME BTs. Methodology and data: Through ANOVA and Regression Analysis, the 2015 Economic Census Data of KOSTAT was analyzed. Results: The results of ANOVA show that statistically significant SBG has a larger MS than LBG. The SPR was not different among BGs. LP is higher for LBG than for other BGs. Regression results show that the employment weight (EW) and the company size (SC) have positive effects on the MS, but the company weight (CW) and employment size (SE) have negative effects. In the case of SPR, the CW is positive and the EW is negative. In addition, LP appears to be more positive as SC in the BGs is larger. Conclusions: Although there is sufficient potential for SBG in the wholesale market, there is a problem that needs to increase LP. Therefore, the SBG needs to restructure in terms of number of companies and SC to improve the efficiency of employment. In terms of MC and MP, the SBG looks for possibilities in FCB, ARM, FBT and CME BTs. In addition, SBG that seeks higher returns with human services rather than simple sales is found to be competitive in the HHG, MES and CME BTs.

대학의 ERP 도입 특성과 성과에 관한 연구 (Characteristics and Performance of ERP Adoption in University Organization)

  • 조성의
    • 한국IT서비스학회지
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    • 제6권2호
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    • pp.49-62
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    • 2007
  • Characteristics of the motivation and performance of Enterprise Resources Planning (ERP) adoption in university organization are explored through case studies in this study. Generally, the modules for production, sales, and logistics management in a manufacturing company are substituted with new modules for student support, lecture operations, and research management in ERP for university organization. The motivation of ERP adoption is closely related to the purpose of improvement of business process operations and information system control rather than the environmental factors such as inter-organizational competition or increase of market uncertainty, differentially from enterprises cases. In addition, the financial performance such as cost reduction, labor substitution, and increase of productivity is relatively lower evaluated than the performance on organizational aspects or information system control.