• Title/Summary/Keyword: companies

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Types and Structure of Chinese Companies Outward Foreign Direct Investment (중국기업의 해외직접투자 유형과 구조)

  • Heur, Heung-Ho
    • The Journal of the Korea Contents Association
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    • v.22 no.2
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    • pp.514-528
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    • 2022
  • This study attempted to understand the characteristics of foreign direct investment by Chinese companies from the perspective of Dunning's OLI paradigm. This development of OFDI by Chinese companies was influenced by the Chinese government's policy, internal factors of the Chinese economy, and the economic and institutional environment of the investment target country. The characteristic of Chinese companies' OFDI is that investment in developed countries is gradually increasing amid regional concentration in Asia. And the proportion of tertiary industries is high, In the meantime, the structure of the secondary industry is changing. In addition, Chinese companies are gradually expanding and showing characteristics by considering the economic and political factors of the investment target country in the selection of overseas investment areas, and then selecting areas with little cultural difference from China's system. This characteristic of OFDI by Chinese companies is basically evaluated to be in line with the OLI paradigm of Dunning. However, the difference is that Chinese companies' OFDI not only advances in overseas investment using the strengths of companies, but also advances in investment to compensate for their shortcomings.

A Study on the Effect of Government Subsidy on the Profit Growth of Chinese Environmental Protection Companies: Mediating Effect of R&D Investment (정부 보조금이 중국 환경보호 기업의 이윤 증가에 미치는 영향 분석: R&D 투자의 매개효과를 중심으로)

  • Li, Na;Cai, Heeman;Zhang, Mengze
    • The Journal of the Korea Contents Association
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    • v.22 no.8
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    • pp.287-296
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    • 2022
  • The purpose of this study is to verify the effect of government subsidies and R&D investment on the increase in profits of Chinese environmental protection companies. The research method for this was empirically analyzed using the Chinese CSMAR database for 161 Chinese environmental protection companies and using statistical data obtained from 805 samples. The analysis results are as follows. First, government subsidies had a positive effect on the increase in profits of Chinese environmental protection companies. Second, government subsidies had a positive effect on R&D investment by Chinese environmental protection companies. Third, R&D investment had a positive effect on the increase in profits of Chinese environmental protection companies. Fourth, R&D investment through government subsidies has a partial mediating effect on the effect on the increase in profits of Chinese environmental protection companies. In this study, based on the results of the study, a plan was proposed to promote the increase in profits of Chinese environmental protection companies by expanding government subsidies to Chinese environmental protection companies and focusing on R&D investment.

A Decision Support Model for Financial Performance Evaluation of Listed Companies in The Vietnamese Retailing Industry

  • NGUYEN, Phi-Hung;TSAI, Jung-Fa;NGUYEN, Viet-Trang;VU, Dang-Duong;DAO, Trong- Khoi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.1005-1015
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    • 2020
  • This paper aims to propose a Comprehensive Decision Support Model to evaluate retail companies' financial performance traded on the Vietnam Stock Exchange Market. The financial performance has been examined in terms of the valuations ratios, profitability ratios, growth rates, liquidity ratios, efficiency ratios, and leverage ratios. The data of twelve companies from the first quarter to the fourth quarter of 2019 and the first quarter of 2020 were employed. The weights of 18 chosen financial ratios are calculated by using the Standard Deviation method (SD). Grey Relational Analysis technique was applied to obtain the final ranking of each company in each quarter. The results showed that leverage ratios have the most significant impact on the retail companies' financial performance and gives some long-term investment recommendations for stakeholders and indicated that the Taseco Air Services Joint Stock Company (AST), Mobile World Investment Corporation (MWG), and Cam Ranh International Airport Services Joint Stock Company (CIA) are three of the top efficient companies. The three of the worst companies are Viglacera Corporation (VGC), Saigon General Service Corporation (SVC), and HocMon Trade Joint Stock Company (HTC). Furthermore, this study suggests that the GRA model could be implemented effectively to ranking companies of other industries in the future research.

An Integrated System of Quality, Food Safety, Environment, Health, and Safety for Small Agricultural Companies

  • Lee, Kwan-Suk
    • Journal of the Ergonomics Society of Korea
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    • v.31 no.2
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    • pp.363-370
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    • 2012
  • Objective: The objective of this study is to analyze standards of ISO 9001, ISO 14001, KOSHA 18001, GAP and ISO 22000 to make an integrated system and check whether an integrated system can be used at small size companies. Background: There are many certification criteria for quality, safety and health such as ISO 9001, ISO 14001, KOSHA 18001, GAP and ISO 22000. However, these criteria are difficult and complicated to be used at a small size company. Thus. it is not easy for small size companies to obtain certifications using these criteria. But customers and workers of small size companies want the key points of these systems to be implemented. Method: ISO 9001, ISO 14001, KOSHA 18001, GAP and ISO 22000 were analyzed to find the commonality and duplications as well as the importance of the items in these standards. And a survey was conducted to check whether certain aspects of the anticipated integrated system can be implemented at small size companies. Results: Items were classified into categories based upon the importance to food safety, quality, safety, environment, and health. Items which are common among standards were also identified and thus give ideas to make the new standards simpler than the currently available standards. Items which were important but may not be easily implemented at the small size companies were also identified. Conclusion: By considering the fact that the currently used accreditation standards have many similar aspects, these systems can be integrated into one new system which small size companies can use relatively easily.

A Study on the Effect of the Improvement of Investment Environment with Investment Incentive on National Economy

  • Moon, Jae-Young;Lee, Won-Hee;Choi, Pyeong-Rak;Suh, Yung-Ho
    • International Journal of Quality Innovation
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    • v.9 no.2
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    • pp.129-147
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    • 2008
  • This research is to investigate the effect of the improvement of investment environments with investment incentive on Korean national economy by looking into the foreign investment support system in Korea. To this end, first research model was set up based on our literary study and case study was conducted on 150 foreign companies that were located in industrial complex for foreign companies, received the tax benefit and government subsidization. And it was found that even though the foreign companies were contributing to the national economy in general such as in the area of production, export, employment, development of technology, there was no significant contributory difference between the investment incentive beneficiary and non-beneficiary foreign companies. Therefore it deemed reasonable to reconsider the way Korean government supports foreign companies in Korea and to reinforce foreign companies' relevance to national policy agenda with additional incentives to foreign companies located in comparatively less developed areas. As a way to promote foreign investment, promotion of investment infra such as improvement of follow-up services, openness to foreign investment, industrial deregulations in capital area, revitalization of free economic zone, efficient system to promote foreign investment and the reinforcement of public relations were considered necessary, especially the upgrading of economic structure and the integrated management of domestic and foreign investors deemed necessary for the optimal distribution of the industries.

A Study on the Increasing Method in Domestic Use of Export Factoring for Small and Medium Enterprises (우리나라 중소수출기업의 수출팩토링 활용증대 방안에 관한 연구)

  • Park, Kwang-So
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.33
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    • pp.29-62
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    • 2007
  • The object of this paper is to increase in domestic use of export factoring for small and medium trading companies. Factoring involves a process where a specialized firm assumes the responsibility for the administration and collection of account receivable for its clients. It can be considered a form of short term commercial financing based on selling of trade credit at a discount, or for a prescribed fee plus interest. The youngest and smallest businesses cannot receive working capital for account receivable for export from financial companies, while larger businesses tend to have less need for factoring services. Using export factoring provide a valuable improvement to cash flow and working capital position and can possibly contribute to small business growth and development. There are several suggestions for export factoring to activate in Korea. First, the number of factoring companies need to be enlarge to activate export factoring in trade and financial policies. Second, factoring companies have to perform public relations for trading companies to inform the export factoring system and its advantages. Third, government need to support the system of export factoring with legislation and financial instruments. Forth, trading companies need to be reformed credit inquiry system in terms of expenses and methods by government This paper has attempted to emphasize on export factoring for small and medium size exporting companies and deserves more research by academics, practitioners and trade policy makers.

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Corporate Social Responsibility: A Survey of the Italian SA8000 Certified Companies

  • Rosa Salvatore La;Franco Eva Lo
    • International Journal of Quality Innovation
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    • v.6 no.3
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    • pp.132-152
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    • 2005
  • Today's society requires companies to act more and more effectively for the general good, by respecting human rights and the environment. Innovative and enlightened companies try to meet this need through the adoption of several initiatives. Accordingly, the International Standard Organisation is now working on attempts to unify these initiatives and to formulate an internationally recognised standard, providing guidance to companies on social responsibility. Currently the SA8000 international standard is the most often used tool-based on Corporate Social Responsibility (CSR) philosophy - which guarantees the respect of fundamental workers' rights. Since 2003, Italy holds the world record for its number of SA8000 certified companies. This paper discusses the findings of a two-stage survey of the Italian SA8000 certified companies carried out over the last two years. The focus of the survey is on both reasons and effects of the implementation of SA8000 standard. In the first stage the rate of response was very high while in the second stage it was satisfactory. The results provide a clear picture of the companies and their degree of achievement and awareness of the fundamental principles of human resource management. A section of the survey deals with some issues related to the Public Sector.

The Influence of Fashion Corporate Social Responsibility upon Consumer Purchase Behavior (패션 기업의 사회적 책임 활동이 소비자 구매 행동에 미치는 영향)

  • Lee, Jung-Im;Shin, Su-Yun
    • The Research Journal of the Costume Culture
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    • v.18 no.6
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    • pp.1076-1089
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    • 2010
  • Nowadays, business environment changes with higher consumer demands for corporate social responsibility than before. However, many fashion companies are unaware of such a wave of changing business environment. And they are not so much interested in making any investment or policy for CSR activities. Besides, despite changing environment and consumer demands, there are very few studies dealing with this matter. Thus, this study aimed to find out the proper types of CSR activities for fashion companies. In addition, it also intended to determine potential effects of CSR activities on consumer attitudes and purchase behaviors. The findings are as follows. First, it is found that there are differences in consumers' perceived suitability depending on types of CSR activities of fashion company. Secondly, it is found that the suitability of CSR activities of fashion companies has positive effects on consumer attitudes to fashion companies. Thirdly, the more favorable consumer attitudes to fashion companies owing to their CSR activities are correlated with the higher consumer satisfaction. Fourthly, the more favorable consumer attitudes to fashion companies are also correlated with the higher consumer intention for purchase. Hence, it is required that fashion companies recognize the importance of their CSR activities, and also plan and implement appropriate CSR activities for consumers.

Promoting Policy to Involve Plant EPC Companies for Package Deal to Acquisite Overseas Energy Resources (패키지 딜 방식의 해외 에너지자원 획득에 관한 플랜트EPC기업참여 촉진방안연구)

  • Kim, Young-Kyun;Hur, Jin-Huek;Moon, Seung-Jae;Lee, Jae-Heon;Yoo, Ho-Seon
    • Proceedings of the SAREK Conference
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    • 2009.06a
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    • pp.338-343
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    • 2009
  • Promoting policy to involve plant EPC companies for package deal has been studied to acquisite overseas energy resources. The effectiveness of the package deal with the plant EPC companies has not been successful because participation of the plant EPC companies is very low. It is difficult for the plant EPC companies to join the packaged deal due to the lack of the whole responsibility organization to support that plant EPC companies participate in package deal. The followings are suggested as the ways to promote the participation of the plant EPC companies for package deal in this study. 1) financial and policy support of governmen 2) specialization of the advanced countries.

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A Study on the Status of Health Management in Industries Located in Taejon and Chungnam Province (대전.충남지역 산업장의 보건관리 실태)

  • Hong, Chun-Sil;Kim, Hyun-Li
    • Research in Community and Public Health Nursing
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    • v.4 no.1
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    • pp.38-44
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    • 1993
  • The purpose of this study was to identify the status of health management from Dec 5, 1992 to March 10, 1993. The data. was. collected from 30 industrial nurses, through a structured questionnaire. The results were as follows : 1. 1.50%. of the companies surveyed were manufacturing companies, 24% of them were research center. 2. The sizes of the companies were as follows: 300-499 employees 11(37%). more than 1,000 employees 4(13%). 3. 18 companies(60%) had organized safety and health committees. 4. 25 companies(83%) had there own health clinics. 5. 60% of companies had a Health center assigned as were hospitals 83%. 6. Practical nurses were employed by all industries, 10 companies had their own physicians, and 3 had their own industrial hygienist. 7. The primary health examination rate was 96% and workers who took follow up examinations were 8.5% out of them, 73.6% were evaluated at the C & D grade. Follow Up management to D. evaluations was performed about 50%. 8. 13 personnel(43%) required, special examinations. 9. The relation between the workers health score and the health status, score was negative and not significant. Therefore the better health management the higher health level score.

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