• 제목/요약/키워드: conflicts of interest

검색결과 160건 처리시간 0.023초

가족기업과 비가족기업의 경영자 보상 구조의 차이에 관한 연구 (How is the Compensation Structure of Family Firms Different from that of Non-Family Firms? : Evidence from Korea)

  • 유정민;윤대희
    • 한국경영과학회지
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    • 제38권2호
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    • pp.179-196
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    • 2013
  • This paper examines the difference in compensation structure between family firms and non-family firms in Korea. A manager's compensation is an important means of motivating a manager to make decisions for shareholders by mitigating conflicts of interest between them. However, the role of a manager's compensation can be weakened in family firms for the following reasons. First, a family member manager has fewer conflicts of interest, compared to a non-family member manager. Second, a family member manager has an intrinsic incentive to increase a firm's value (i.e., family wealth). Finally, a family member manager can monitor non-family member managers more effectively. For the reasons, the agency problem will be less severe in family firms and subsequently the role of compensation will be reduced. The empirical results show that pay-performance sensitivity is smaller in family firms than in non-family firms. The main result is robust to variations such as changes in family ownership, the definition of a family firm, and control variables. Furthermore, this paper compares the pay-performance sensitivity of Chaebol family firms with that of other firms. The result shows that the sensitivity is higher for Chaebol family firms, compared to that in other family firms and non-family firms.

Publication Ethics and KODISA Journals

  • KIM, Dongho;YOUN, Myoung-Kil
    • 연구윤리
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    • 제1권2호
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    • pp.1-5
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    • 2020
  • Purpose: The purpose of this paper is to identify the most common misconducts in publication ethics, to demonstrate KODISA journals' management of the misconducts, and to share the findings with future and potential authors of Journal of Research and Publication Ethics (JRPE). Research design, data and methodology: This is an analytical study that explores and examines research and publication ethics and misconducts. Results: Based on literature review, major publication misconducts that many academic journals had to contend with over the years encompass unethical authorship, including ghost, guest, and gift authorships, data falsification and fabrication, plagiarism, including self-plagiarism, submission and publication fraud (multiple submission and publication), and potential conflicts of interest. Conclusions: KODISA and its journals have strived and done great work in making the journals transparent and in combatting the issues associated with plagiarism, including self-plagiarism. However, it seems there is no mechanism to detect or deter unethical authorship, conflicts of interest, and fabrication and falsification misconducts. The inception of JRPE signifies how KODISA and its journals continuously view research and publication ethics as their foremost important factor in maintaining and improving the academic journals. The future research and scholastic manuscripts of JRPE could provide necessary and updated information about research and publication ethics, practices, and misconducts.

Do Conflicts in the Interest of a Securities Firm Running Asset Management Businesses Effect an IPO Underpricing?

  • CHOI, Byoung-Il
    • 산경연구논집
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    • 제13권2호
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    • pp.45-57
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    • 2022
  • Purpose: This paper examines whether or not universal banking operating in the asset management business tend to IPO underpricing when they are hosting IPOs in favor of their private interests. Previous studies suggest evidence which indicates that the universal banking operating in the asset management business tend to underestimate offering prices. This paper compares and analyzes the data before and after June 2007 to examine the influence of put-back option on IPO underpricing. Research design, data, and methodology: This paper compares the underwritten prices of IPOs of universal banking with and without asset management business in Korea in order to test such tendency actually exists. Result: We can find that such tendency is not correlated with first-day stock returns but correlated with put-back options. Our paper concludes that the hypothesis that "the universal banking's subsidiary asset management business influences the IPO underpricing" is found to be statistically insignificant. Conclusion: According to our analysis, it cannot be concluded that the interests of operating asset management do not conflict with the ones of underwriting business. However, it is so possible that the asset management companies try to harm the customers' interests, for instances churning and stuffing, it is necessary to scrutinize their behaviors and review the related regulations.

가야산 국립공원의 이해집단 간 환경태도 비교 (Comparison of Environmental Attitude between Interest Groups in Gayasan National Park)

  • 한재경;우형택
    • 한국환경과학회지
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    • 제27권11호
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    • pp.1049-1057
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    • 2018
  • This study aims to analyze and compare environmental attitudes of interest groups, including visitors, local residents, Buddhist monks, and staff of the Korea National Park Service in Gayasan National Park. To achieve this purpose, five hypotheses were formulated and tested. While three hypotheses were statistically rejected, two were accepted. In every interest group, the environmental attitude level of women was higher than that of men. Local residents particularly showed statistically significant differences in accordance with occupation. The difference in environmental attitude between visitors and local residents was not statistically significant. Finally, the environmental attitude level between interest groups was divided into three groups. The staff of the Korea National Park Service showed the highest level of environmental attitude, followed by Buddhist monks, and a group of visitors and residents recorded the lowest. However, the average level of environmental attitude of every interest group scored above the mid-point of 3. Therefore, it can be concluded that there exists no difference between or conflicts among interest groups related to strengthening conservation and management policies regarding the protection of Gayasan National Park.

남중국해를 둘러싼 미·중간의 갈등과 한국의 대응 (Conflicts between the US and China over the South China Sea and Korea's Responses)

  • 김강녕
    • Strategy21
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    • 통권42호
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    • pp.154-195
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    • 2017
  • This paper is to analyse conflict between the US and China over the South China Sea and Korea's responses. To this end the paper is composed of 6 chapters titled instruction; the current status of South China Sea sovereignty disputes; changes in US and Chinese maritime security strategies and the strategic values of the South China Sea; key issues and future prospects for US-China conflicts in the South China Sea; South Korea's security and diplomatic responses; and conclusion. The recent East Asian maritime security issue has evolved into a global issue of supremacy between the US and China, beyond conflicts over territorial disputes and demarcation among the countries in the region. China is pursuing offensive ocean policy to expand economic growth. The core of the maritime order that the United States intends to pursue is the freedom of navigation in the oceans and the maintenance of maritime access. China is making artificial islands in the South China Sea, claiming the sovereignty of these islands, building strategic bases in East Asia, and securing routes. The United States has developed several "Freedom of Navigation Operations" to neutralize the declaration of the territorial sea surrounding Chinese artificial islands. We can not be free from marine conflicts in the South China Sea and the East China Sea. Regarding the South China Sea dispute, it is expected that the strategic competition and conflict between the two countries will intensify due to China's failure to make concessions of core interests and adherence to the US compliance with international norms. In the midst of conflict over the South China Sea, we need a harmonious balance between our alliance security and economic diplomacy. We must continue our efforts to strengthen the ROK-US alliance but not to make China an enemy. Considering the significant impacts of the oceans on the survival and prosperity of the nation, we must continue to develop our interest in the oceans, appropriate investments and tactical strategies.

유아영어교육에 대한 유아교사의 갈등 (The Conflicts Experienced by Early Childhood Teachers Regarding Early Childhood English Education)

  • 서현아;윤정진;차미영;김정주
    • 한국지역사회생활과학회지
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    • 제20권4호
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    • pp.523-537
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    • 2009
  • This research aimed to understand the current status of early childhood education and to develop a future direction of early childhood English education. One group interview and three private interviews were conducted with 10 early education teachers to obtain in-depth understanding of the problems inherent in English education. The findings show that there is an internal conflict in the teachers regarding the value of English education in early childhood. In addition, there are external conflicts with the children the parents, the English teacher, the program director, and the government in English education. It is concluded that the early childhood educators felt an internal conflict regarding the current, inappropriate execution of early English education which is lacking a suitable educational plan including goals and practices. Furthermore, the teacher's preference for English also contributed to the internal conflict regarding the belief in early childhood English education. Secondly, the external conflicts included: English teachers with inadequate understanding of comprehensive early childhood development, parents who show excessive interest in early childhood English education without regard to childhood development, the reality that early childhood English education is mostly influenced by the attitudes of the program director without regard for the conflicts experienced by the early childhood teacher, and the politics of the government continuing to ignore the reality that early childhood English education ontinues in practice without being included in the national curriculum.

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Social Media Performance: From the Perspective of Social Media Apathetic Behavior

  • Inwon Kang;Sungjoon Yoo
    • Journal of Korea Trade
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    • 제26권3호
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    • pp.1-22
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    • 2022
  • Purpose - Social media platforms have presented individuals with an opportunity to create and maintain their social relationship through the use of social media services. However, such social relationship has a negative influence on users' interest in social media. Design/methodology - Using structural equation modeling, this study seeks to examines the effects of different social media conflicts (individual and social conflicts) on users' psychological internal state, especially user apathetic behavior Findings - The findings confirm that, among social media conflicts, social-related conflict, especially social interaction overload has a negative effect on cognitive resonance, while individual conflict has the highest effect on cognitive dissonance. Also, cognitive dissonance has a much greater effect than cognitive resonance on user resistance, this means that users' negative perception of social media has a greater influence on their resistance. Lastly, user's resistance was found to have a positive influence on user's apathetic behavior. Originality/value - In other to capture social media Apathetic behavior, this study focus on social media conflict perspective, which includes social-related conflict and individual conflict, which are found to influence users' internal states towards social media and further induce social media behavior. This study is unique because it is among the first to explore social media apathetic behavior by focusing on the influence of both external social media conflict and internal state. Also, this study proposed that social related conflict has a higher negative influence on WeChat user than individual related conflict.

국내 치과 학술지 투고규정 중 연구대상자 보호를 위한 연구 윤리기준 제시에 관한 조사 (A study on ethical requirements for the protection of human subjects in the publication guidelines of dental health journals)

  • 정은영
    • 한국치위생학회지
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    • 제14권2호
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    • pp.241-250
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    • 2014
  • Objectives : The purpose of the study was to examine the ethical requirements for the protection of human subjects in the publication guidelines of dental health journals. Methods : The guidelines of 27 dental health journals were reviewed to determine ethical standards alone, with Helsinki Declaration, by an institutional review board (IRB), informed consent, protection of subject privacy and confidentiality, and no conflicts of interest. Results : 1. Dentistry journals listed on National Research Foundation of Korea had a conflict of interest disclosure provisions of the contribution(76.9%) and the IRB approval(61.5%). 2. Half of the dental health journals were not listed on National Research Foundation of Korea Society but they agreed the advance posting provisions. 3. Dental hygiene journals provide 100% of ethics alone and receive 75% of IRB in the papers. 4. Dental health and dental hygiene journals have conflicts of interest disclosure regulations(59.2%) and IRB approval(51.8%). 5. There existed statistically significant differences between the dental health journals whether they were listed on the human subjects and ethical standards for protection in National Research Foundation of Korea or not. Conclusions : While the publication guidelines of dental health journals have followed to a greater extent in recent years, there is still a need for further instructions to ensure that the authors satisfy all ethical requirements in conducting research on human subjects. IRB approval for dental journals must be standardized and reinforced reflecting the characteristics of each journals. The researchers should obey the code of ethics suitable for education and the editors must review the paper continuously.

이익충돌 상황에서 공개가 자문행동에 주는 효과: 자문가역할수행집단과 사익추구집단의 비교 (Factors affecting Disclosing conflicts of Interest on consultation: comparison with Role-oriented and Self-interest Groups)

  • 김수빈 ;김지혜 ;정경미
    • 한국심리학회지 : 문화 및 사회문제
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    • 제22권1호
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    • pp.1-18
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    • 2016
  • 이익충돌은 경영, 의학, 연구 등 자문이 필요한 상황에서 윤리문제를 일으키는 주요인 중 하나로 파악된다. 실제 현장에서는 공개를 해결책으로 주로 사용하고 있으나, 공개의 효과에 대한 기존 연구들의 보고는 일관적이지 않다. 본 연구에서는 개인의 이익추구 성향에 따라 공개가 자문 행동에 주는 효과가 달라 지는지를 실험적으로 연구하였다. 참가자는 20대에서 40대의 성인남녀 190명(남: 65명, 여: 125명)으로, 온라인으로 실험과 설문조사에 응답하였다. 실험에서 참가자는 자문가가 되어 가상의 파트너에게 정보를 제공하였다. 이때 참가자는 자문가로서의 역할을 수행하면 적은 보상을 받으나 사익을 추구하면 많은 보상을 받게 되는 이익충돌 상황에 노출되었다. 총 2개의 과제 중 첫 번째 과제를 통해 자문가 역할을 최대화하는 집단과 사익추구를 최대화하는 두 집단으로 구분하였다. 두 번째 과제에서는 이 두 집단에게 각각 이익충돌 상황에 대해 공개 여부를 자발적으로 결정하게 한 뒤 공개여부가 후속적인 자문행동에 어떠한 영향을 주는 지 탐색하였다. 연구 결과, 자문가역할수행집단과 사익추구집단 간 공개여부의 선택비율에는 차이가 없었다. 그러나, 두 집단 간 공개여부에 따라 자문행동에는 차이를 보였는데, 자문가역할수행집단에서는 자발적으로 공개를 선택한 집단이 비공개를 선택한 집단에 비해 파트너에게 정확한 정보를 제공해 주었다. 반면, 사익을 추구한 집단에서는 공개 여부가 자문행동에 영향을 주지 않았다. 이러한 결과를 바탕으로 연구의 의의와 더불어 후속 연구를 위한 제언을 논의하였다.

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연구 및 진료에서의 이해상충 (Conflicts of Interest in Research and Clinical Practice)

  • 신지훈
    • 대한영상의학회지
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    • 제83권4호
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    • pp.771-775
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    • 2022
  • 최근 의사들이나 연구자들은 진료나 연구에서 독자적으로 수행하기보다는, 회사, 연구기관, 보건의료기관, 및 학술 저널의 관련인들과 관계를 맺게 된다, 혹은 그들이 관련 회사에서의 자문 및 주주 참여 등과 같은 다중적 이해관계(multiple interests)를 가지기도 한다. 그러한 이해관계가 연구자의 의사결정에 지대한 영향을 미치는 경우 이해상충이 발생할 수 있다. 이해상충은 연구 진실성을 침해하여 피험자나 환자를 위험에 빠뜨리기도 하고 공공에 대한 위험을 초래할 수 있고 과학에 대한 대중의 인식을 악화시킬 수도 있기에 매우 중요한 문제라고 할 수 있다. 이 종설에서는 이해상충의 개념과 구체적인 사례 및 이에 대한 해법을 살펴보고자 한다.