• Asia pacific journal of information systems
• /
• v.8 no.3
• /
• pp.147-163
• /
• 1998

Advances in information and telecommunications technology are producing unprecedented shifts in the way businesses conduct their business, Today, electronic commerce is becoming pervasive due to, in large part, the widespread use of Internet and Worldwide Web. One element that plays an important role in shaping the success of electronic commerce is the electronic payment system. Deficiency in its reliability and security may lead to unwanted outcomes, including economic losses and customer dissatisfaction. By far, numerous forms of electronic payment systems have been introduced in the virtual marketplace. However, there exists little research that has focused on the characteristics of the electronic payment systems such that they may be compared with one another. This article is aimed at providing a framework for comparative analysis of electronic payment systems, examining the characteristics of the individual payment systems, and suggesting a choice strategy which enables a firm to select an appropriate payment system suited to their business needs. The framework classifies electronic payment systems into four categories including electronic cash, electronic checks, credit cards, and smart cards, and it can be employed in planning for an electronic commerce system.

• Journal of Agricultural Extension & Community Development
• /
• v.31 no.2
• /
• pp.57-65
• /
• 2024

This study was designed to find out consumers' behavior towards eco-friendly processed foods and to investigate the relationship between consumers' purchase intention of eco-friendly and organic processed foods, depending on the country of origin. Five hundred consumers were taken from all over the country for an empirical analysis. The results indicate that consumers' satisfaction with a certificate system of eco-friendly products is relatively high. In addition, it is found that consumers give more credit to the safety of domestic organic foods than imported organic foods. The study implies that consumers perceiving the importance of the country of origin are more likely to buy domestic organic foods. Furthermore, the importance of the country of origin and age have a positive relationship with the purchase intention of domestic organic foods.

• Journal of Korea Trade
• /
• v.26 no.4
• /
• pp.63-82
• /
• 2022

Purpose - Drawing on relational institutional theory, we explored how demographic similarity between board members of a firm and newly emerged political elites led to firms' increased financial resource acquisition such as leverage ratio and decreased export intensity amidst the Asian financial crisis. We also studied how a firm's leverage ratio and export intensity can further affect firm profitability and financial credit rating. Design/methodology - We revisited and explored a unique, unprecedented crisis that affected most Korean firms: the Asian financial crisis that coincided with a governmental shift from a conservative to a liberal party. We collected demographic information from 432 listed Korean firms' board members and 43 political elites of the Blue House from 1998-2000 to create a demographic similarity measurement. We collected firms' financial information, built panel data, and used ordinary least squares regression to test our theory. Findings - Our results showed that demographic similarity between a firm's directors and newly emerged politicians had a positive association with a firm's leverage ratio but a negative association with a firm's export intensity. A firm's leverage ratio had a negative relationship with firm performance measured by firm profitability and financial credit rating. A firm's export intensity showed a positive effect on firm performance. Originality/value - We highlighted that during an economic crisis that coincided with a governmental shift and change of leading political actors, firms exerted efforts to survey the environment and build new external stakeholder relationships to cope with the changing landscape. We proposed that in an emerging market like Korea where low levels of trust and favoritism are prevalent across society, one of the relational institutional strategies that firms can employ is the selection of directors with similar demographic characteristics to political elites based on factors including birthplace and school affiliations. We examined the efforts of firms to build political networks with newly empowered political elites during a financial crisis, and the consequences of establishing such networks. We highlighted that during a financial crisis, the demographic similarity between a firm's board members and newly emerged politicians can provide firms with access to financial resources but can also result in poor management and reduced effort to enhance its international competitiveness.

• The Journal of Society for e-Business Studies
• /
• v.15 no.4
• /
• pp.265-284
• /
• 2010

B2B e-commerce guarantee service is a guarantee service combining the electronic systems among Korea Credit Guarantee Fund(KCGF), banks and e-marketplaces to process all procedures on internet ranging from application for credit guarantee, issue of written guarantee and contracting for a commerce to payment. B2B e-commerce guarantee service plays as an intermediary role in financial support for small and mediumsized enterprise(SME), which are small size, low credit level, and unfavorable status in many aspects compared to major companies. Despite the B2B e-commerce guarantee service has various advantages conducive to promotion of e-commerce among small and medium businesses as well as development of e-commerce itself, it has yet to be diffused due to lack of acknowledgement, misunderstanding of its functions and vague psychological fear of the on-line settlement. Thus, this study identifies the values and effects of the B2B e-commerce guarantee service using financial data and cases. The process of this study is 4 phase. first phase is analysis of B2B e-commerce guarantee service and e-Marketplace. second phase is analysis of performance from the Perspective of Diverse Participants. third phase is analysis of economic performance and support for SME. last phase is policy suggestions and conclusion.

• Journal of Korean Society of Forest Science
• /
• v.100 no.4
• /
• pp.698-707
• /
• 2011

Over the past 10 years, South Korea has implemented various plantation projects including the Pine Restoration Project in Tujiin Nars and the desertification prevention forestation in Lun soum. This study has evaluated the implementation feasibility on the small-scale A/R CDM projects in Mongolia through which carbon emission credits can be secured. Characteristics, pros and cons, economic feasibility, and project execution feasibility were compared among three possible sites, Khyalganat, Tujiin Nars, and Lun soum. Among the three evaluated sites, Tujiin Nars has the better condition in tree growth, economic feasibility, and the applicability of experience than the other two sites. A/R CDM project in Mongolia, which has a great environmental benefit of combating desertification, is expected to have some effectiveness such as lowering costs from credit benefit, sustainable management by villagers, contribution to communities, investor's contribution to society and achievement of green image, and strengthening forestry cooperation between Korea and Mongolia.

• The Transactions of the Korea Information Processing Society
• /
• v.4 no.4
• /
• pp.1046-1058
• /
• 1997

WWW has taken root in Internet as a means of future shopping.But paymetn systems using tpdays show us several security vnlnerabilities.The problem that plain shpter's credit card details are transferred in Internet is included.Thnese risks can break out not only an infringement of pribate information but also economic crime.To solve these risks,we introduce the techique which implrment the encrypted WWW communication using PGP.And we propose SCCP which is new electronic payment protocol.As a result of testing with criteria from IBM,we can find that SCCP is safe and secure electronic payment protocol.As a result of testing with criteria from IBM,we can find that SCCP is safe and secure elctronic payment protocol.

• The Journal of Fisheries Business Administration
• /
• v.14 no.2
• /
• pp.110-138
• /
• 1983

After Liberation of Korea, Korean fisheries economy fell into an exhausted conditions because of the damage of Japanese colonization policy and the Korean War, and fisheries organizations of those days established for the improvement of fishermen's welfare could not carry out their primary purposes and functions. Under such circumstances, Fisheries Cooperatives starting on April 1st in 1961 played a great role in settling the socio-economic confusion of those days. Fisheries financing was also more systematic and substantial after establishment of Fisheries Cooperatives. In fact fisheries industry was faced with much more riskiness than any other industry on account of its speciality and such a riskiness induced general financial institutions to be reluctant to lend money to the fishermen. In order to overcome such a capital rationing, it was necessary to establish the reciprocal financing system based on the principle of mutual protection of economic weakers. Credit business in Fisheries Cooperatives beginning in 1963 was mainly dependent on governmental fund as fund sources. But the size of fund was too small to satisfy fishermen's fund demand, therefore Fisheries Cooperatives carried out the movement of raising its own fund. As a result of the movement the ratio of its own fund to total funds amounted to 47.7% in 1980, but external funds still take a greater part of all funds. To settle the weakness of the ratio of its own fund and chronic deficiency of fund, a conclusion can be drawn as follows : 1. The enlargement of Fisheries Cooperatives' raising ability of funds. .The expansion of urban branch to absorb idle funds in urban area. .The diversification of financing service to compete with genetral financial institutions. 2. The enlargement of governmental fund and preferential treatment of fishermen's savings. 3. Vitalization of mutual finance and fixation of Fisheries Cooperatives' two-phase organization. 4. The re-enforcement of supervisory financing and post management system.

• Korean Journal of Poultry Science
• /
• v.9 no.2
• /
• pp.19-62
• /
• 1982

1. The primary purpose of this study was to analyse the current status of layer operations in Korea related to management practices and input and output relationship in egg production by surveying 150 egg producers throughout the country. Based on this primary information, this study attempted to illustrate a model layer farming budget. 2. The average size of the layer operations included in this survey was 7,969 hens per farm during the period from September 1, 1980 to August 31, 1981. However, about 80% of the producers started the layer farming with smaller scales than 3,000 layers and less funds than 10 million won during the later half of 1960s and the early half of 1970s. About 72% of the farmers were graduates from high school or college. These egg producers listed that lack of funds and poor production and management skills are the most important problems in the operation. 3. The farmers used to purchase baby chicks from the well-known hatcheries and commercial mixed feeds on one or two months' credit. While the eggs were sold to wholesalers and/or assemblers. Few of the producers market their products directly or cooperatively through the industry organization.

• Korean Journal of Poultry Science
• /
• v.12 no.2
• /
• pp.119-126
• /
• 1985

The purpose of the study is to review the evolutional process of the U.S. broiler industry into the integrated production and marketing systems and to examine the factors influenced such a structural change over the Past half a century. The study is also carried out under the consideration that the experience gained by the integrated U.S. broiler industry could be utilized in applying the system to any non-integrated broiler industries like one in Korea. The U.S. broiler industry has been prevailed in the typical independent operation of all stages, from factor supply through growing to dressing and marketing until such time as growers began to suffer from financial difficulties right after the end of the World Wat II due mainly to lowered price of broilers stemmed from whopping decrease of the demand, which eventually reflected to the allied agribusiness sectors. The feed business field was the first reactor to this situation so that a kind of measures was taken to cope with the problems faced in such a way to provide extended credit on feeds first and help obtain chicks or sell broilers later. This trend has been practiced for broiler related agribusiness through late 1940's to work together with growers by coordinating its function between two or more stages involved in broiler production and marketing process as a means of spreading risk and sharing profit between stages Participated. The integrated system and contract farming thus became Popular across the country through mid 1950's.

• Journal of Climate Change Research
• /
• v.8 no.1
• /
• pp.41-50
• /
• 2017

As serious consequences of climate change became indisputable, vehicles based on fossil fuel has to be shifted toward more sustainable way to drastically reduce carbon emissions. Eco-friendly vehicles contribute mitigating climate change through reducing the greenhouse gas emissions. The goal of this research is to find ways to promote the eco-friendly vehicle industry in Korea. In order to achieve this goal, surveys are collected from the professionals of eco-friendly vehicle industry, and analyzed through Delphi method. Results show that the first thing is to promote the eco-friendly vehicle market by introducing the economic incentives. The second thing is to allow more emission credit for eco-friendly vehicle manufacturers. The third thing is to build more concrete infrastructure for the eco-friendly vehicles. The increase of the number of the electric or hydrogen charging system would be one of the good examples of the infrastructure. The fourth thing is that the government supports the research & development of eco-friendly vehicles. The fifth is to regulate that the government agency is mandatory to use the eco-friendly vehicles. The sixth thing is to provide the low-carbon certification for eco-friendly vehicles. The seventh thing is to support advertising the eco-friendly vehicles. The results from this research can be used as a guideline to make policies to stimulate the eco-friendly vehicle industry in Korea.