• Title/Summary/Keyword: Small and Medium firm

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A study on the Activation Plan Using public purchase system of the Disability Firm manufactured product (장애인기업 생산제품의 공공구매제도를 통한 활성화 방안에 관한 연구)

  • Song, Soo-Jeong;Won, Joon-Ho
    • Journal of the Korea Safety Management & Science
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    • v.12 no.3
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    • pp.145-151
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    • 2010
  • The research which sees the disability firm led and public procurement market penetration the base will be able to grow prepared and with the petal of the disability firm for a support disability firm manufactured product public purchase activation plan of the government offices groped. disability firm manufactured products purchase promotion plan and policy of the government offices presents the fact that with the aim.

A Study on the Impact of Firm Size on the Threshold Point from Nonlinear Relationship between CSR and Firm Value (기업의 규모별 특성이 사회적 책임과 기업가치 간의 비선형 관계를 유발하는 임계점에 미치는 영향에 대한 연구)

  • Kim, Jong-Hee
    • Asia-Pacific Journal of Business
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    • v.11 no.2
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    • pp.207-233
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    • 2020
  • Purpose - The purpose of this paper analyzes the relationship between the Corporate Social Responsibility(CSR) and Corporate Value to estimate whether the characteristics of Firm can change this relationship. Design/methodology/approach - This paper utilizes the total 776 firms' data over the period 2014-2018, and develops a new ESG index which was estimated by PCA. Findings - First, the estimated ESG index implies that Large company has the highest value of CSR, while Medium sized and Small company have the relatively low one. And comparing to the case of 2014, the trend of ESG index in Large company does not decrease in 2018. Second, there is a clear and significant non linear relationship between CSR and corporate value, it implies that the U-shaped exists in the Korean Firms. Such a tendency is mush stronger in the Large company. Third, the new ESG index indicates that it takes more time to increase Firm value in the Medium sized and Small company while there is a high possibility of increasing value in Large company from the little gab between the threshold points and mean value of ESG. Research implications or Originality - The non linear tendency between the Corporate Social Responsibility and Corporate Value is strongly affected by Firm size and the relative high quintile of ESG, but it is less affected by Firm history.

Internationalization and Performance of SMEs in Masan Free Trade Zone (Korea): The Direct and Moderating Effects of Firm Size

  • Lee, Sunhae;Park, Sae Woon;Namgung, Dam
    • Journal of Korea Trade
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    • v.23 no.4
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    • pp.30-57
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    • 2019
  • Purpose - This study analyzes the effect of internationalization represented as exporting on firm performance on the subject of SMEs operating in Masan Free Trade Zone which has shown poor performance recently despite its status as the oldest and largest free trade zone in Korea. We also analyze the effect of firm size on firm performance, and the moderating role of firm size in relation to internationalization and firm performance. Design/methodology - This study uses multiple regression models for unbalanced panel data as the empirical tools for the estimation of the effect that internationalization has on firm performance (ROA or ROS). Our sample consists of 91 manufacturing SMEs among all 110 companies located in Masan Free Trade Zone as of 2017. Findings - The degree of internationalization has a negative impact on firm performance. However, firm size turns out to have a positive effect and play a positive moderating role in the relation to internationalization and firm performance. This seems to be because most tenant companies operating in Masan Free Trade Zone are small firms whose costs of internationalization may exceed the benefits. Empirical results also show that longer CEO tenure has a greater negative effect on firm performance. Originality/value - The originality/value of this paper can be found in 3 aspects. First, we conducted an empirical analysis on the relationship between the internationalization and firm performance of SMEs in a specific region, namely, Masan Free Trade Zone. Second, while most previous studies focused on listed medium companies, most of the sample of this study are small and medium non-listed enterprises. Third, it is witnessed that firm size has a positive moderating effect on the relation between internationalization and firm performance.

Satisfaction investigation and use of public purchase system of the Disability Firm (장애인기업의 공공구매제도 이용과 만족도 조사)

  • Song, Soo-Jeong;Won, Jun-Ho
    • Journal of the Korea Safety Management & Science
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    • v.12 no.3
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    • pp.341-348
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    • 2010
  • The research which sees for a support the government offices will be able to promote a disability firm manufactured product purchase in order with the petal of the disability firm, investigated the public purchase system use and a satisfaction of the disability firm. The plan which is concrete put the goal presents about disability firm manufactured product purchase promotion of the government offices.

The Effects of Entrepreneurship and Corporate Social Responsibility on Firm Performance (기업가 정신 및 기업의 사회적 책임과 기업의 경영성과 관계)

  • Seo, Joohwan
    • The Journal of the Korea Contents Association
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    • v.16 no.4
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    • pp.426-433
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    • 2016
  • This study investigates the effects of entrepreneurship and corporate social responsibility (CSR) on firm performance. I use the conditional quantile regression as well as the ordinary least square (OLS) with 300 samples, only medium and small size companies. I found firstly, entrepreneurship affected overall positively firm performance in the all quantile levels. Secondly, CSR also have a positive impact on firm performance in the overall all quantile levels. By these results, I recommend that entrepreneurship and CSR should a positive impact on the firm performance for the small and medium business companies.

Analyses of the Effects of Government Export Promotion Programs on Export Performance: Empirical Evidence for Small and Medium-Sized Enterprises in Korea

  • Beom-Cheol Cin;Kuk-Hyun Choe
    • Journal of Korea Trade
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    • v.26 no.5
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    • pp.39-55
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    • 2022
  • Purpose - This study empirically examines the effect of the Korean government export promotion program (EPP) on small and medium-sized enterprise (SMEs) export performance using firm-level data. Unlike most previous studies that investigated some specific samples of firms, this study analyzes a vast amount of SME data of the Korean Small and Medium Business Administration over the period 2005 to 2008. Design/methodology - An endogeneity problem arises when a firm's probability of being selected is correlated with the likelihood of successfully implementing EPPs. To control for the endogeneity of the EPPs in a relatively short-period sample, we employ 2-Stage Residual Inclusion (2SRI) RE-Tobit and bivariate Tobit procedure. Findings - Analyses show that Korean government EPPs have positive significant effects on SME exports. Empirical results also show that SME export activities are significantly encouraged by R&D investment and capital intensity, but not obviously by labor productivity. Originality/value - This study provides evidence that SME capital intensity, R&D investment, and the number of workers are significant determinants to SME exporting activities, whereas per worker labor cost and employee education are not. These results imply that even for SMEs, firm size is a major factor in promoting exporting activities.

A Study on the Policy for Competitive Advantage of Disability Firm (장애인기업의 경쟁력 향상을 위한 정책방안에 관한 연구)

  • Won, Jun-Ho;Song, Soo-Jeong;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.11 no.2
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    • pp.27-32
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    • 2009
  • Supports the activity of the disability firm the policy which is active for is unsatisfactory. The positive promotes the activity of the disability firm from the research which sees and raises presents the politic plans for the competitive power improvement of the disability firm the fact that the economic social positions of the disabled person and with the aim.

Analyzing Complementarity Structures of KM Strategies and Testing Their Impact on Firm Performance in Small and Medium Enterprises (중소기업에 있어 지식경영 소싱 전략 간 상호보완 구조의 분석 및 기업 성과에 미치는 영향 검정)

  • Choi, Byounggu;Lee, Jae-Nam
    • Knowledge Management Research
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    • v.12 no.4
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    • pp.55-75
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    • 2011
  • Scant attention has been given to analyzing how knowledge sourcing strategies affect firm performance in SMEs and what are the differences between SMEs and large firms in the patterns of knowledge sourcing strategies adoption. This study attempts to advance the current literature by examining the impact of knowledge sourcing strategies on SMEs performance. The empirical segment of our work is based on data on knowledge sourcing strategies of SMEs and organizational performance from a sample of 166 Korean firms. Our results indicate knowledge sourcing adoption patterns of SMEs are different from large firms. In addition, the results confirm that substitutability between internal- and external-oriented, person- and external-oriented sourcing strategies. This study sheds new light on knowledge management (KM) research by identifying the relationship between knowledge sourcing strategies and SMEs performance.

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A Study on the Decision Factors of Small and Medium Manufactures on Participation in the Coalitions Between Industry Firm and Research University - Focusing on Small.Medium Sized Firms in Kwangju.Chonnam Area- (중소기업의 디자인 산학협동 참여여부 및 참여방식의 결정요인에 관한 연구 - 광주.전남 지역의 중소기업을 중심으로 -)

  • 노은희;정형식;한선주
    • Archives of design research
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    • v.11 no.2
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    • pp.47-57
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    • 1998
  • This research investigates the factors of participatory activities in coalition between industy firms and research universities. An empirical analyses research was conducted with 375 sample small and medium sized firms in Kwangju-Chonnam area. The present conditions of the object firms' product design were explored in terms of competitive positions in markets. The results show that the object firms have not much engaged In the coalition with regional universities, but want to have a close relationship for the purpose of product design development. Several t- test analyses were employed to discriminate the groups of pro-colation and con-coalition between firm and university. The results indicate that the perception of design importance as competitive means and business success, the level of present design capability, and the possession of design patent were the important variables to differentiate the two groups. This research draws the implications to enhance the coalitions between firm and universities by utilizing the empirical results.

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Health Disparities among Korean Workers by Enterprise Size: Using Korean Labor and Income Panel Study (17th) (사업체 규모에 따른 근로자 건강수준의 불평등: 제17차 한국노동패널 자료 이용)

  • Park, Bohyun;Choi, Sook Ja;Seo, Sukyong
    • Korean Journal of Occupational Health Nursing
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    • v.25 no.4
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    • pp.277-289
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    • 2016
  • Purpose: This study aims to investigate the cross-sectional association of company size and self-rated health using representative data on Korean workers. Methods: We used the data from 2,884 wage workers collected by Korean Labor and Income Panel Study (17th). The association between company size and self-rated health was analyzed using logistic regression with covariates including demographic characteristics, work environment, job satisfaction, and health-related behaviors. Resulst: Odds ratio (OR) for better health status among workers in large-sized company was 1.351 (CI. 1.054~1.731), compared to workers in small-sized company. We performed three separate models stratified by firm size (small, medium, and large companies). Occupation variables showed different effect on health depending on firm sizes. OR for better health of white-color job (referred to blue-color job) was 1.693 in medium-sized company model but it was 0.615 in large company model. OR for better health of the workers working shift work showed 0.606 in large company model but it was not significant in small and medium company models. Conclusion: We found that small-sized company workers have significantly poor self-rated health compared to large-sized firm workers. This study revealed that there exist differences among health related factors depending on firm sizes.