• Title/Summary/Keyword: Sustainability index

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The Effect of Foreign Direct Investment on Total Factor Productivity in Selected ASEAN+3 Countries: New Evidence Using A Panel ARDL Study

  • ABIDIN, Noorazeela Zainol;KARIM, Zulkefly Abdul;SHAARI, Mohd Shahidan;LAILA, Nisful
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.10
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    • pp.109-117
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    • 2021
  • This study investigates the effects of FDI and other macroeconomic variables on Total Factor Productivity (TFP) in selected ASEAN+3 countries from 1981 till 2016. Total Factor Productivity (TFP) for each ASEAN+3 country was constructed using the Malmquist productivity index method. Then, a panel ARDL framework (dynamic heterogeneous panel), namely Pooled Mean Group (PMG), Mean Group (MG), and Dynamic Fixed Effect (DFE) are employed in examining the effects of FDI and other controlling variables on TFP. The new findings show that FDI has a significant and positive impact on TFP in the long run and the short run in ASEAN+3 countries. Besides, the results also reveal that in the long run, other variables such as the average number of years of schooling and the ratio of high-skilled to low-skilled labor also have a significant and positive effect on TFP. However, economic openness, government expenditure on R&D, and interaction between countries and FDI have a negative and significant impact on TFP. These findings implied that the recipient countries must ensure their political stability and offer various incentives to attract more investors. Furthermore, the influx of foreign investors, especially large ones and lower costs, should be encouraged by each country as FDI inflows can boost their TFP growth.

The Impact of ESG Management on the FinTech Industry: Focusing on the Case of K-Pay's inclusion in the MSCI Index (ESG 경영이 핀테크 산업에 미치는 영향: MSCI 지수 편입 카카오페이 사례를 중심으로)

  • Hanjin Lee;Ju-young Ha;Gaeun Son;Subin Kim;Donghyun Yoon
    • Journal of Information Technology Services
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    • v.22 no.4
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    • pp.171-184
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    • 2023
  • FinTech, which has brought innovation to the financial industry thanks to the advancements in ICT since 2010, has contributed to the growth of the financial ecosystem and increased consumer benefits. Furthermore, there has been a growing demand for social responsibility and sustainability in financial institutions, which have a significant impact on governments, businesses, and people's lives. Despite this, many FinTech companies and traditional financial institutions are still in the early stages of establishing ESG (Environmental, Social, and Governance) management philosophy or lack long-term plans. In this study, we aim to examine the impact of ESG management on the FinTech industry, focusing on representative domestic cases, and derive policy and institutional measures to spread it in the financial industry. Specifically, we will adopt MSCI rating indicators, which are internationally accepted by various industries such as manufacturing, healthcare, and transportation, to evaluate the 35 ESG management subcategories of FinTech companies. As a result, a total of 22 compliance items were disclosed in the ESG report, and it was possible to confirm the detailed management. Through this, we intend to propose effective management strategies for the organizational structure, operations, programs, and performance evaluation of FinTech companies, which are positioning themselves as sustainable growth drivers in the domestic industry.

A Study of the Effects of a Mother's LOHAS Lifestyle Attitude on Children's Dietary Habits, Food Behavior, and Health-related Lifestyles (모(母)의 로하스(LOHAS) 라이프스타일이 자녀의 식습관, 식행동 및 건강생활습관에 미치는 영향 연구)

  • Lee, Yeon-Jung
    • Korean journal of food and cookery science
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    • v.27 no.4
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    • pp.75-87
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    • 2011
  • This study was conducted to examine the effect of children's dietary quality, dietary habits, food behavior and health-related lifestyles according to the mother's lifestyles of health and sustainability (LOHAS). The subjects were 580 children. Mother's LOHAS attitude index was 66.85 points and 100 points was a perfect score. The mother's high LOHAS attitude items that children perceived were "My mother often communicates with the family"(3.99 points) and "My mother thinks that the family's health is more important than her health"(3.93 points). In contrast, the LOHAS attitude items for "My mother does community service activity on weekends"(2.78 points), and "My mother participates in environmental protection service activity for the local community"(2.78 points) were very low. The high LOHAS behavior index of mothers was "resource saving", whereas "social welfare" scored low. When self-perceived health status and monthly income of children was high, the mother's LOHAS score was high. The LOHAS attitude index of mothers had a meaningful impact on the children's dietary quality, dietary habits, food behavior and health-related lifestyles. The most frequent food behavior variables were "high skipping rate", "frequency of snacks is 2~4 times per week", "speed of eating is rapid", and 'meals' amount is sufficient. The highest daily life habits item was "I try to maintain a pleasant and enjoyable life style"(3.42 points). The highest nutrient intake attitude score was "I tend to eat rice everyday."(3.41 points). They were highly recognized with "moderate physical activity", "high exercise preference", "positive posture exercise", "exercise <2 days per week", and "over 30 minutes exercise time per day" for the exercise performance status items. It was verified that the higher mother's LOHAS lifestyle score is, the higher children's food behavior, daily life habits, nutrient intake, exercise performance state score are.

Safety Knowledge and Changing Behavior in Agricultural Workers: an Assessment Model Applied in Central Italy

  • Cecchini, Massimo;Bedini, Roberto;Mosetti, Davide;Marino, Sonia;Stasi, Serenella
    • Safety and Health at Work
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    • v.9 no.2
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    • pp.164-171
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    • 2018
  • Background: In recent years, the interest in health and safety in the workplace has increased. Agriculture is one of the human work activities with the highest risk indexes. Studies on risk perception of agricultural workers are often referred to as specific risk factors (especially pesticides), but the risk perception plays an important role in preventing every kind of accident and occupational disease. Methods: The aim of this research is to test a new method for understanding the relation between risk perception among farmers and the main risk factors to which they are exposed. A secondary aim is to investigate the influence of training in risk perception in agriculture. The data collection was realized using a questionnaire designed to investigate the risk perception; the questionnaire was given to a sample of 119 agricultural workers in central Italy. Through the use of the "principal components analysis" it was possible to highlight and verify the latent dimensions underlying the collected data in comparison with scales of attitudes. Results: Results show that the highest percentage of strong negative attitude is among the people who have worked for more years, while farmers who have worked for fewer years have a marked positive attitude. Conclusion: The analysis of the questionnaires through the synthetic index method (Rizzi index) showed that agricultural workers involved, in particular the elderly workers, have a negative attitude towards safety; workers are hostile to safety measures if they have not attended special training courses.

Analysis of Key Performance Index for Advanced Logistics (물류산업의 선진화를 위한 성과지표 분석: IT서비스를 중심으로)

  • Jang, Hee-Seon
    • Convergence Security Journal
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    • v.13 no.1
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    • pp.25-30
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    • 2013
  • In this paper, the key performance index for advanced logistics is analyzed, and the specific requirements for the material flow IT services are proposed to improve the world competitiveness of the material flow industries and to implement the advanced logistics in Korea by survey research. The key performance index is classified into three types of efficiency, sustainability and economics, and two classes of enterprise and public for IT services are proposed. In addition to, for case studies, the survey analysis for the Pyeongtaek Port is performed to diagnose the material flow enterprise and to analyze the priorities of the IT services for Port's employee, trade enterprise, public service personnel, and local resident. From the results, to improve the productivity and efficiency of the enterprise, the secure the professional man-power and standardization are needed, and the automation, u-Port, green technology and material flow security for the IT services are required.

Application and assessment of ecosystem health index for sustainable conservation and use of border areas (접경지역의 지속가능한 보전과 이용을 위한 생태계 건강성 지수 적용 및 평가)

  • Kim, Jung-In;Ko, Ha-Jung;Kwon, Hyuk-Soo
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.26 no.6
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    • pp.117-133
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    • 2023
  • This study assessed the ecological health of border areas using the ecological health index and suggested Indicators for maintaining and promoting ecological values. We analyzed the change trends, pressures, and resilience of ecosystems and services in border areas, and identified their current status and sustainability. The main findings were: (1) ecological assets and ecosystem services in border areas could be compared through ecosystem health assessment; (2) it can be used to set priorities for management and conservation by identifying the relative importance and vulnerability of ecosystems and ecosystem services in each border area; and (3) the index presented in this study can be judged to have explanatory power for the characteristics of border areas and ecosystem health when compared to previous studies. Limitations of this study include the lack of literature and statistical data at the local government level and the resulting limited application of evaluation methods, which limited direct regional comparisons. To overcome the research limitations, further studies are needed, such as establishing ecological information in border areas, mapping and assessment of ecosystem services, and developing and applying assessments that reflect the opinions and participation of various stakeholders. This study was the first attempt to assess the health of ecosystems and ecosystem services in border areas and provided an important baseline for future changes in border areas. In the future, it will be helpful in national and local government policies and ecological assetecosystem management by supplementing insufficient information and presenting clear goals.

A Quantitative Study on Growth of Social Enterprise in Korea - Focused on Financial Performance during 2007~2010 - (사회적기업의 성장에 관한 양적 분석 - 2007~2010년 경제적 성과를 중심으로 -)

  • Kwag, Seon-Hwa
    • Management & Information Systems Review
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    • v.32 no.1
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    • pp.289-309
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    • 2013
  • Social enterprise has moved from periphery to take center stage. Social enterprises are a truly global phenomenon and associated with solving social problems with business approaches. While the numbers of social enterprises have grown and their impact is likely to continue to do so, it would be dangerous to assume that the revolutionary momentum will automatically continue, because social enterprise faced sustainability challenges. This study collected the data from directory of Korean Social Enterprise to conduct a quantitative research on the growth of social enterprise in South Korea. This study conducted longitudinal analysis of 491 social enterprise certified between 2007 and 2010, of economic performance with financial index and social impact with employment structure. Though global financial crisis, Korean social enterprises show that there is a considerable increase in all of quantitative and qualitative aspects. Korean social enterprises have provided meaningful work to those normally excluded from the labour market and tried to raise their life of working. In the future, Korean social enterprises should find a way to balance social and financial performance and ensure the sustainability of the business.

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A Study on the Relevance of the BSC Adoption Firm's CSV index to the Firm Value (BSC 도입기업의 공유가치창출(CSV) 지표와 기업가치의 관련성)

  • Bae, Byung-Han;Kim, Hyuna;Lee, Chae-Ri;Wang, Yan;Kim, Min-Jung
    • Management & Information Systems Review
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    • v.31 no.4
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    • pp.491-516
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    • 2012
  • The KPI of the four perspectives in BSC need to modify because of the change of management environment. In particular, the KPI of the financial perspective needs to modify necessarily. The KPI of financial perspective has been consisted of short-term measures: net profit current year, operating profit, ROE, ROIC, and EVA. But this financial indicators cannot afford to represent essential corporate sustainability management in the change of management environment. So this study suggests CSV(Creating Shared Value) as an additional KPI of financial perspective. And this study investigates whether CSV represents business performance as the additional KPI in BSC adoption firms. To verify a hypothesis, the sample includes listed firms announcing CSR index publicly between 2005 and 2010. The results of this study are summarized as follows. The high CSV firms is higher on the value relevance of firm in comparison with low CSV firms. Moreover, The firm value of BSC adoption firms is lower than otherwise, but it is insignificant. Limitation of Our study is that we have no choice but to use dummy variable. Because it is a material question as CSV measurement. Nevertheless, contribution of our study is to suggest new KPI of BSC perspective to meet management environment.

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Assessment and Enhancement of Ecosystem Service on Hasidong Anin Coastal Sand Dune of Ecological and Landscape Conservation Area (하시동·안인사구 생태경관보전지역의 생태계서비스 평가와 증진 방안)

  • Eun-Hye Lee;Choong-Hyeon Oh
    • Korean Journal of Environment and Ecology
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    • v.37 no.5
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    • pp.403-414
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    • 2023
  • This study aimed to evaluate the ecosystem services and environmental sustainability index(ESI) of the Hasidong-Anin coastal sand dune ecological and landscapes conservation area using rapid assessment tools. As a result, the analysis of the environmental sustainability index, derived from the evaluation of ecosystem services in the Hasidong-Anin coastal sand dune ecological and landscapes conservation area, revealed that regulating services, cultural services, and supporting services were all rated below 50%. Especially, cultural and supporting services were identified as lacking. With these results, a SWOT analysis was conducted to develop strategies for enhancing ecosystem services in the Hasidong-Anin coastal sand dune ecological and landscapes conservation area. Six approaches were formulated, involving leveraging strengths as opportunities (SO strategy), minimizing threats using strengths (ST strategy), utilizing opportunities to address weaknesses (WO strategy), and mitigating weaknesses and threats (WT strategy). In the future, when promoting projects to enhance ecosystem services in the Hasidong-Anin coastal sand dune ecological and landscapes conservation area, it will be essential to address issues such as the restoration of currently damaged areas and prevention of future erosion-related damages. This will lead to an elevation of the value of the Hasidong-Anin coastal sand dune ecological and landscape conservation area.

A Review on Applicability of Sustainable City Index - Focusing on GCI, EPI and CBI - (지속가능한 도시평가지표의 적용 가능성 검토 - GCI, EPI, CBI를 중심으로 -)

  • Yun, Hyerngdu;Park, Jinyoung;Choi, Taebong;Choi, Intae;Noh, Taihwan;Han, Bongho;Kim, Myungjin
    • Journal of Environmental Impact Assessment
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    • v.24 no.6
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    • pp.593-606
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    • 2015
  • This study was intended to develop Korean Environmental Sustainable City Index (ESCI) so that local governments can examine and identify urban environment issues and then come up with a policy to improve the environment and urban biodiversity for cities. Green City Index (GCI), Environmental Performance Index (EPI), and City Biodiversity Index (CBI) which have used worldwide were analyzed. Based on the result of analysis, evaluation indicators of ESCI were finally a total of 20 indicators under four categories, which are native biodiversity, living environment, ecosystem services, and governance and management. Then, five cities with biotope mapping and evaluation index were selected to apply ESCI for evaluation. In order to apply ESCI, local governments need to accumulate basic data. There should be a policy which requires local governments to build data for biotope mapping so that the rate of natural area, ecological network and permeable land surface can be evaluated. Indicators must be applied to be compliant with scale of the city and level of data building gradually.