• 한국중재학회지:중재연구
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• 제27권4호
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• pp.179-198
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• 2017

The OECD Guidelines for Multinational Enterprises (The Guidelines) was initially promulgated in 1976 as a form of annex to the OECD Declaration on International Investment and Multinational Enterprises. The Guidelines aims at accomplishing the implementation and dissemination of the Responsible Business Conduct. The latest version of The Guidelines, as revised in 2011, directed 47 adhering countries to The Guidelines to set up their respective National Contact Points (NCPs). NCPs are The Guidelines' dispute resolution mechanism for specific instances arising from breach by multinational enterprises of The Guidelines. Korea to date has its own NCP performing its role to offer good offices and facilitates settlement between the parties to the specific instances regarding The Guidelines. However, there has been strong criticism from NGOs and civil society that Korea NCP has not performed well due to lack of transparency and impartiality, especially in the context of the governance of Korea NCP. Under this circumstance, this paper ⅰ) examines current status and problems of Korea NCP, ⅱ) evaluates the core criteria for function and governance of NCPs through a comparative overseas cases study, and ⅲ) suggests improvement plans for Korea NCP.

• The Journal of Asian Finance, Economics and Business
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• 제7권3호
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• pp.17-27
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• 2020

The research aims to investigate the impact levels of determinants on the conversion of financial statements from Vietnamese accounting standards (VAS) to International financial reporting standards (IFRS) in the multinational firms in Vietnam. The method of data collection was done through the survey and subjects are accountants in Multinational Firms doing business in Hanoi and ten neighboring provinces. After checking the information on the votes, there are 170 questionnaires with full information for data entry and analysis. We use Cronbach's Alpha, EFA analysis and run regression model to investigate the impact levels of each independent variable on dependent variable of the conversion of VAS financial statements to IFRS. The results show that five determinants including Economic, Politics, Law, Culture, and Conditions for implementation have positive relationships with the conversion of VAS financial statements to IFRS. In particular, Economic determinant is the most strongest. Based on the findings, some recommendations are given for improving the conversion of VAS financial statements to IFRS of multinational firms doing business in the context of Vietnam. The results are considered a useful reference for firms when making financial statements to transparently change the financial statement information and improve the quality of financial statement information.

• The Journal of Asian Finance, Economics and Business
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• 제6권4호
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• pp.213-225
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• 2019

As the recent tendency of career management has changed, companies have supported progressive career management and development of their employees internally. And strengthening job crafting is an effective activity not only to improve the work efficiency of the organizations but also to improve the job satisfaction and wellbeing of their employees. In these backgrounds, this paper aims to explore the components of job crafting for the multinational employees in order to emphasize the importance of job crafting and empirically analyze the influential relationship in terms of career success through career commitment and career attitude. Based on literature review the job crafting was defined with three components; task crafting, relation crafting, and cognitive crafting. A total of 336 survey data were analyzed for a total of 27 multinational corporations. As the analysis result the task crafting and cognitive crafting of multinational employees were shown to have an influence on career attitude, but relation crafting did not have any impact on career. It can be interpreted that the employees have self-directed career attitude through a method of showing visible performance based on their given jobs rather than having individual career management attitude through relationships between departments, organizational members, and supervisors.

• 농촌지도와개발
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• 제11권1호
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• pp.175-189
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• 2004

There are many assertions related to biotechnology and genetically modified organisms(GMOs). Some experts have asserted that GM foods could be dangerous and that there is no reliable evidence that have been demonstrated safe through appropriate tests, and the others asserted these foods are as safe and nutritions as their conventional counterparts. The objectives of this study was to study an societal implications of biotechnology and GMOs in agriculture. To keep the balance in mind the researcher examined not only usefulness but also harmfulness of GMOs, along with the developmental process of biotechnology industry. It was observed that basically, multinational corporations developed GMOs to maximize their profit, and strengthened their control on agriculture and food through GMOs, as observed in alliance among big multinational corporations' food chain cluster and systems. Under the situation, farmers were losing their status as independent producer and were becoming propertied labor for multinational corporation through contract farming. If these trends continuous in the future, multinational corporations will have the control of genetic resources, these may bring about reduction of bio-diversity, thus may lead the opposite direction to eco-friendly agriculture. If multinational corporations' tendency to suppress the latent harmfulness for the profit continuous further, this may lead the degradation phase of farming and agriculture, thus leading negative socio-economic effects as well as culture and religion.

• 기술혁신연구
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• 제14권3호
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• pp.71-92
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• 2006

There may exist differences in R&D patterns between multinational enterprises and domestically owned firms located in catching-up countries. This paper examines the differences in R&D patterns between different ownership in Korea. In order to do this, the paper has conducted the in-depth interview of the major multinational and local firms. The interviewed firms has been selected mainly from the telecommunication, semiconductor and display industries. The paper reveals that multinational firms tend to focus on sales-oriented R& while domestically owned firms are likely to cover the range of development, applied and basic research. The most outstanding difference lies in the length of R&D period. The domestic firms apparently turn out to conduct longer period R&D projects than multinational firms. In addition it is revealed that local firms need to develop their own capability, whereas foreign companies in Korea can acquire advanced technology and scientific knowledge from the R&D centers in their home countries. On the basis of the research findings, this paper discusses some implications and recommendations for Korea and other catching-up countries.

• The Journal of Asian Finance, Economics and Business
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• 제8권5호
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• pp.1091-1097
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• 2021

The purpose of this research was to investigate the relationship between employee engagement and individual performance outcomes (including growth, achievement, contribution, and customer satisfaction) in large firms in Thailand, which is rapidly growing as an international business hub. The study took place in Thai offices of multinational corporations, whose performance is both very important for Thailand's overall economy and for the firm's continued presence in Thailand. The study was conducted using a survey methodology. A convenience sample of employees of multinational corporations (n = 423) completed a survey on employee engagement and individual performance outcomes. The data were analyzed using linear regression analysis. The results showed that there was a significant, positive relationship between employee engagement and all four performance outcomes that were targeted. The strongest effect was observed for achievement (β = 0.899), followed by growth (β = 0.887), contribution (β = 0.872), and customer satisfaction (β = .867). These findings indicate that employee engagement is a significant and strong factor that determines the individual performance of employees of multinational corporations. This implies that companies do need to consider how to promote employee engagement. There were some limitations, especially social response bias and the self-reported nature of performance, that limit these findings.

• 국제학술발표논문집
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• The 6th International Conference on Construction Engineering and Project Management
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• pp.32-36
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• 2015

This study explores the issue of program management consortia involving multinational participants. The aim of this research was to leverage advantages in program management (PM) skills and PM model improvement in product line construction in mega scale construction programs, typically funded by public funds. Such ventures involve multinational parties using dedicated partnering based on a program management consortium (PMC) to reduce confrontation between parties in complex circumstances, allowing an open and non-adversarial approach to project management. This research also seeks to implement an ongoing feedback program of best practices and lessons learned to minimize the repetition of mistakes and to reduce costs in sequenced construction. Recently, the Korean government has planned to undertake three large new projects: the Korean Peninsula major river maintenance, the reclamation of Se-Mangum, and the Science/Business City. This paper starts by providing a framework for the cost-reduction strategy for the United States Forces Korea (USFK) Relocation Program, which will be funded with public funds and a private fund investment (PFI) that combines programs executed by two governments as owners and multinational stakeholders, joined in the PMC. The establishment of project-oriented consortia is an innovative and non-adversarial approach to massive international construction projects. Such projects have used various tools effectively and skillfully. This experience may offer an opportunity to practice new and advanced program management delivery methods, and it is expected that Korea will gain a competitive advantage in the international construction market.

• 무역학회지
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• 제44권1호
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• pp.253-268
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• 2019

This paper analyses the characteristics of partner countries when multinational firms of Korea, China, and Japan make greenfield FDI in foreign countries. Particularly, this paper applies the gravity model for greenfield FDI flows for the period 2003-2017. This paper finds that multinational firms of Korea, as compared to those of China and Japan, are very significantly and negatively responsive to political risks of partner countries. In contrast, multinational firms of Korea as well as those of China and Japan tend to make greater amounts of greenfield FDI in financially high-risk countries. This result indicates that multinational firms from these three countries should take financial risks of partner countries into more serious consideration.

• 동아시아경상학회지
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• 제10권3호
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• pp.41-50
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• 2022

Purpose - Through multinational corporate ethics and environmental, social, and governance (ESG), various policy and strategic countermeasures for transparent management in the management and economic fields are presented. Research design, data, and methodology - A literature review is conducted to find important areas for transparent management and to summarize and present transparent management countermeasures based on simple brainstorming opinions from experts. Result - Issues facing transparent management are presented. In particular, multinational enterprises present cases involving prevention of transfer prices and tax avoidance in relation to Industry 4.0. Additionally, a plan is presented to establish a corruption-free economic system through the practice of ESG transparency, ethical management of social enterprises, and transparent management. Conclusion - According to the brainstorming opinions of experts, ESG management and ethical management should be the cornerstone of transparent management in the future. Therefore, it is necessary to institutionally supplement the imposition of digital taxes on fourth industrial companies.

• 헤리티지:역사와 과학
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• 제51권4호
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• pp.208-223
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• 2018

이 글에서는 유네스코 인류무형유산 공동등재제도가 다 국가 협력을 통해 현장에서 어떠한 전략과 쟁점을 통해 실현되는지에 주목하고, 이로써 공동등재제도의 특성과 의의를 도출하였다. 논의 대상으로 한국을 포함한 18개 국가가 2010년에 인류무형유산 대표목록으로 공동등재한 '매사냥' 사례를 분석하였다. 논의 결과를 정리하면 다음과 같다. 첫째, 매사냥의 인류무형유산 공동등재 참가국들은 등재신청서 작성을 통해 무형유산보호를 위한 등재제도의 취지를 보다 명확하게 이해하게 되었음을 확인하였다. 특히 매사냥의 등재가 결과적으로 무형유산 전체의 가시성 확보에 기여해야 한다는 점을 인식하게 되었고, 이를 등재신청서에 반영한 것이 2010년 공동등재와 2012년 등재확대에 결정적으로 작용하였다. 둘째, 공동등재 추진의 특성상 참가국들은 공유유산을 매개로 협력과 소통의 기회를 가짐으로써 상호간의 문화와 민족성에 대한 이해의 폭을 넓히게 되었다. 이것은 공동등재를 통해 국가의 협력과 평화에 기여하고자 하는 유네스코 이념의 실천이라는 중요한 의미를 지닌다. 셋째, 인류무형유산 매사냥은 <무형문화유산보호협약>의 이행지침에 의거하여 지속적으로 참여국가가 확대됨으로써 공동등재에 있어 모범적 사례로 기능할 수 있을 것으로 보인다. 공동등재의 확대는 특정 무형유산의 소유자를 규정하는 문제를 두고 발생하는 국제 간 긴장을 해결하는 실마리가 될 수 있으며, 협약의 취지에 대한 당사국의 이해가 높아지고 있음을 나타낸다는 면에서도 의의가 있기 때문이다.