• 제목/요약/키워드: Public Corporate

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Reciprocal Capital Structure and Liquidity Policy: Implementation of Corporate Governance toward Corporate Performance

  • SUMANI, Sumani;ROZIQ, Ahmad
    • The Journal of Asian Finance, Economics and Business
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    • 제7권9호
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    • pp.85-93
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    • 2020
  • The research objective examines the effect of corporate governance on capital structure and its effect on liquidity policy and corporate performance. It tests the effect of capital structure and liquidity policy on corporate governance. It also examines the effect of liquidity policy on capital structure and the effect of capital structure on liquidity policy. The study population is all manufacturing companies that went public on the Indonesia Stock Exchange in the period 2010-2019. The research population is 182 manufacturing companies. The Judgment Sampling was used and 109 companies meet the research criteria. The study used panel data for ten years so that the amount of data observed was 1090 observations. The analysis tool uses Warp Partial Least Square (WarpPLS). The results showed that corporate governance had a significant positive effect on capital structure, but corporate governance had a significant adverse effect on liquidity policy, and corporate governance had a significant positive effect on corporate performance. Furthermore, capital structure has a significant negative effect on corporate performance, but liquidity policy has no significant effect on corporate performance. Capital structure and liquidity policy are proven to be reciprocally significant positive correlations for manufacturing companies in Indonesia.

재난안전분야에 대한 민간기업의 사회공헌 연구 (A Study on Corporate Social Responsibility of the private sector for disaster management)

  • 유순덕
    • 한국인터넷방송통신학회논문지
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    • 제16권4호
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    • pp.171-179
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    • 2016
  • 본 연구의 목적은 민관협력의 중요성이 등장함에 따라 재난관리에 민관협력을 도입하기 위한 방안모색이다. 이를 위해 현행 재난관리 민관협력의 문제점과 이에 대한 개선방안을 관련 전문가들의 의견을 수렴하여 정리했다. 재난안전분야에서 기업의 사회공헌활동 참여를 독려하기 위해서는 첫째, 정부와 기업 간 협력 네트워크 확보, 둘째, 민간기업의 사회공헌활동 참여 확대를 지원하는 콘텐츠 발굴, 셋째, 민간기업의 사회공헌 활동참여를 유도 및 민관협력을 지원하는 활용기금 확보, 넷째, 기업의 사회공헌에 대한 국민의식 제고 방안 지속 추진, 다섯째, 사회공헌활동 참여기업 브랜드 가치제고와 인센티브 강화이다. 본 연구는 재난안전분야에 기업의 참여를 독려하는 방안으로 관련 정책 및 지원제도를 운영하는 데에 기여할 수 있다. 향후 연구는 환경변화에 따른 기업이 재난관리에 참여할 수 있는 방안을 설문지 등을 통하여 연구 할 수 있을 것이다.

제품차별화 중심의 기업전략과 산업구조고도화 중심의 공공정책에 대한 연구: Mega FTA에 대한 한국의 통상정책을 중심으로 (A Case Study on Corporate Strategy Focused at Product Differentiation and Public Policy for the Enhancement of Industrial Structure: Korea's Trade Policy towards the Mega FTA)

  • 황해두;신현주
    • 무역학회지
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    • 제44권4호
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    • pp.205-220
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    • 2019
  • This article recapitulates the recent changes in trade laws, which may be accentuated due to the intriguing emergence of fortified protectionism and Mega FTAs. It points out the need to formulate not only the corporate strategy for enhancing the product differentiation and architectural capabilities but also the public policy, which comprises the industrial adjustment policy to cope with possible negative impulses caused by the digital trade and foreign direct investment. It is imperative for Korea to facilitate the alignment between corporate strategy and industrial adjustment policy as an effective means of enhancing industrial structure by nurturing those linkage effects between relevant forward and backward industries. Given the drastically volatile trade norms of multi-track trade policies, it may be a pivotal momentum for Korea to pursue a paradigm shift of its trade policy with a prime objective of achieving such an alignment between corporate strategy and industrial adjustment policy, which affords increased value-added and the further development of product or generic technology instead of resorting to the misuses and abuses of economies of scale and production technology for the maximization of export amount.

럭셔리 패션브랜드의 사회공헌활동으로서의 문화예술지원 (Luxury Fashion Brands' Patronage of Arts and Culture as Corporate Philanthropy)

  • 이명선;범서희;임은혁
    • 한국의류학회지
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    • 제45권3호
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    • pp.546-558
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    • 2021
  • As consumers' demand for corporate social responsibility (CSR) has increased, luxury fashion brands have been providing support for arts and culture as CSR activities. The purpose of this study is to examine patronage of arts and culture as corporate philanthropy and to analyze the motives luxury fashion brands have for supporting arts and culture. The study investigates patronage of arts and culture through literature reviews and conducts case studies of luxury fashion brands' patronage. The results of the analysis are as follows: first, patronage based on public interest reduces the social costs of arts and culture and helps to create aesthetic experiences for the public; second, sustainable patronage is not only priceless PR for luxury fashion brands, it also supports the development of arts and culture; third, authentic patronage obviates the criticism that luxury fashion brands only support arts and culture for the purposes of profit, by separating business operations from patronage. In conclusion, those three elements are at the heart of patronage for the arts and culture and fashion companies need to support culture and the arts by taking a long-term perspective when it comes to creating social value.

공적연금유형에 따른 은퇴자들의 보건의료비지출 결정요인 (Influence Factors on Health and Medical of Retirees Expense to Public Pension Recipients)

  • 최령;황병덕
    • 보건행정학회지
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    • 제25권2호
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    • pp.80-89
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    • 2015
  • Background: This study aims to identify the monthly average medical expenses of public pension recipients, and analyze the determinants of total health and medical expenses and Western and Oriental medicine expenses, medical service expenses, and medical supplies expenses. Methods: This study used the fifth year data of 2013 out of the raw data of the Korean Retirement and Income Study collected by the National Pension Research Institute. This study conducted t-test, analysis of variance, and linear regression to verify publicly the relevance between pension recipients' general characteristics and health and medical expenses status using IBM SPSS ver. 21.0 for data analysis. Results: It was analyzed that there is a difference in the spending of expenditure and health care costs according to public pension recipients. Medical expenses of the national pensioners was higher compared to the special corporate pensioners. The national pensioner is related expenditure size, education level, family members living together, residential areas, status of spouse, number of chronic illness, and status of limitation in daily life with psychological health status. Conclusion: Therefore, fairness does not occur fire to the medical use between the special corporate pensioners and national pensioners, aggressive of government such as health policy and financial support for the retiree pension policy that reflects the reality intervention would be required.

패션기업의 공익 추구 현상 (The Pursuit of Public Benefit in Fashion Enterprises)

  • 고현진
    • 한국의류학회지
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    • 제34권10호
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    • pp.1717-1730
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    • 2010
  • This research analyzes the recent phenomenon of pursuing public benefit in fashion enterprises according to the increasing importance of corporate social responsibility attitudes towards the global sustainability crisis. The pursuit of public benefit in fashion enterprises has been realized by the activities that contribute to public welfare through one or plural corporations aligned with government, social corporations, and NGOs. The goals of public beneficial activities are to promote public issues and to support the underprivileged and communities both financially and voluntarily. Such activities can be categorized as philanthropy, sponsorship, social marketing, cause-related marketing, and public benefit product development. Especially public beneficial activities in fashion enterprises are featured as the charity donations of apparel products, the collaboration with fashion celebrities and artists in relation with popular culture and art, the limited edition of excellent design with slogans, and the visual campaigns to promote public issues. They deal with human right issues for the underprivileged and disease prevention issues. In addition, specially environmental issue and community trade issues (often raised in the fashion manufacturing and consuming process) are increasing.

디자인 경영전략 관점에서 디자인 아이덴티티를 통한 기업이미지에 대한 사용자의 시각적 경험 연구 -통신서비스기업 KT의 디자인경영 사례를 중심으로- (A Study on the Visual Experience of Users about Corporate Image and Design Identity from the Perspective of Design Management Strategy - Focus on Design Management Case of KT Communication Service Corporation -)

  • 허진주;고혜영;강이환
    • 한국멀티미디어학회논문지
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    • 제19권5호
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    • pp.957-969
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    • 2016
  • The corporate image is one of the key elements improving competitiveness of the business, and is conveyed to the public through a design management strategy and its activities with design identity. Therefore, it is important to enhance the corporate image through systematic design management. Recently, in the field of communication services, as a technical gap between corporations has been narrowed, and the importance of design has been magnified, more and more corporations have adopted the design management. It is, however, not easy to build and convey the corporate image to the public systematically, because not only do the corporations run a communication service, the corporations face various business areas and targets. In this study, we analyzed the relationship between the intended image of the corporate and users' visual experiences based on the surveys on the case of KT, which pioneered design management and has made outstanding design results. According to the result, KT's strategic image concepts have positive effects on users' visual experience in each subarea of its design identity. In conclusion, it is necessary to narrow the gap between users' experiences and images that a corporate intends to convey through continuous research on users' experiences and improvement in a design management system.

The Impact of Service Orientation on Organizational Performance in Public Sectors: Empirical Evidence from Indonesia

  • ALFANSI, Lizar;ATMAJA, Ferry Tema;SAPUTRA, Fachri Eka
    • The Journal of Asian Finance, Economics and Business
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    • 제9권5호
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    • pp.345-354
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    • 2022
  • The importance of the public sector's role in fostering a positive business climate has prompted public sector organizations to consistently enhance their performance. The study aims to develop service orientation dimensions for public sectors and examine the relationship between service orientation and organizational performance. A field survey was employed in this study. Six hundred questionnaires were distributed, and four hundred and eighty-eight were returned and analyzed. Factor analysis and multiple regression analysis were used in the dataset. This study identifies five dimensions of organizational service orientation in public sector service organizations: technology-service standard-communication, service vision, service delivery, service training and powering, and servant leadership. The result also concludes that service orientation influences organizational performance, such as corporate growth, service quality image, IT effectiveness, service innovation, and public complaint. This study's findings imply that public sector organizations should rectify service orientation factors to increase corporate growth, service quality image, IT effectiveness, service innovation, and public complaint reduction. Managerial guidelines are presented for developing a service orientation.

A Triple of Corporate Governance, Social Responsibility and Earnings Management

  • HUYNH, Quang Linh
    • The Journal of Asian Finance, Economics and Business
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    • 제7권3호
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    • pp.29-40
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    • 2020
  • The research aims to explore the links among corporate governance, corporate social responsibility, and earnings management, considering vital roles of each component in Vietnam. There were 500 questionnaires provided to the targeted enterprises, where there were 150 enterprises in Ho Chi Minh Stock Exchange, 150 enterprises in Hanoi Stock Exchange, and 200 enterprises in the unlisted public company market. Of the distributed questionnaires, only 289 replies offered needed information for analyses. The data derived from these firms was based on their annual or sustainability statements that were retrieved from the websites. This research used a six-year rolling window to calculate earnings management. To compute that variable, lagged year information was included, so the data from 2011 to 2017 was needed to collect. The empirical results show that corporate governance mechanism is a significant moderation in the positive link between good corporate social responsibility and earnings management. Furthermore, corporate social responsibility and earnings management also play mediating roles in the associations among corporate governance, corporate social responsibility, and earnings management. This project recommends that corporate governance mechanism is an essential driver of the managerial behaviors in social responsibility and ethical accounting practices, which are in turn mediators in the joint research model.

기업자산으로서의 기업명성가치 연구: 국내 4개 기업 슈퍼브랜드와 기업명성, 미디어 이용간 관련성을 중심으로 (A Study on Reputation as Corporate Asset)

  • 이철한;차희원
    • 한국언론정보학보
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    • 제30권
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    • pp.203-237
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    • 2005
  • 본 연구의 목적은 기업명성제고가 홍보활동의 목표라는 가정아래 홍보활동을 평가하는 모델과 지표를 제시하고 이를 실제 기업에 적용함으로써 그 타당성을 제시하는 데에 있다. 기업의 활동이 비용대비 효용의 관점에서 계량화되고 있는 추세이다. 그러나 기업의 홍보활동은 효과측정의 측면에서는 아직 정교화되지 못하고 있는 실정이다. 이 연구에서는 포괄적인 홍보활동 평가를 위한 지표로서 기업명성개념을 정립하고 명성측정모델을 제시하여 그 타당성을 검증하고자 하였다. 또한 기업명성모델을 국내기업에 적용하여 기업자산으로서의 슈퍼브랜드에 대한 기업명성의 연관성을 확인하고 미디어 이용에 따른 차이를 분석함으로써, 각 기업의 명성을 높이는 홍보활동이 기업자산가치로 측정받을 수 있는 가능성을 검토하고자 했다. 이를 위해 연구자는 전문가 집단으로부터 국내 기업의 명성을 구성하는 요인을 추출하였고, 여기서 얻어진 결과를 바탕으로 명성측정 문항을 만들어서 소비자들 평가를 바탕으로 기업명성의 차원과 구성요인을 검증하였다. 여기서 얻어진 명성평가의 모델과 측정지표를 이용해서 국내 대기업들의 기업자산 개념으로서 슈퍼브랜드를 종속변인으로 하고 기업명성을 구성하는 각각의 차원 즉 경영능력, 기업시민, 기업 커뮤니케이션, 제품과 직원을 독립변인으로 하여 개별 기업의 명성을 높이는 기업홍보활동을 평가하였다. 연구결과, 기업자산가치로서의 기업 슈퍼브랜드에 대한 기업명성의 영향력은 긍정적으로 확인되었고, 기업에 따라 다소 차이는 있지만 기업명성을 구성하는 네 가지의 요인이 해당 기업의 슈퍼브랜드에 기여하는 정도도 확인하였다. 또한 미약하나마 미디어 이용정도에 따라 기업명성 구성요소가 기업의 슈퍼브랜드 인식에도 긍정적 영향을 미칠 수 있음을 발견하였다. 이 연구가 명성연구의 차별적으로 기여하는 점은 기존의 연구는 기업의 명성을 측정할 수 있는 측정문항개발에 초점을 맞추었는데 비해서 실제 국내에서 명성을 축적한 기업을 대상으로 명성측정을 개별적으로 적용함으로써 각 기업의 명성을 계량화하고 명성을 구성하는 차원이 실제 명성에 어떻게 기여했는지에 대해서 파악했다는 점이다. 이는 실무적으로 보았을 때 홍보담당자가 자신의 기업홍보활동이 기업명성에 어떻게 기여할 수 있는가를 파악하고 경쟁기업의 홍보활동에 비해서 얼마만큼 효율적이었는지에 대한 평가기준을 제시할 수 있음을 의미하는 것이다.

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