• Title/Summary/Keyword: environmental governance

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Comparative Studies on Ports Management System in Northeast Countries

  • Kim, Jin-Hwan
    • Journal of Distribution Science
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    • v.14 no.1
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    • pp.29-38
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    • 2016
  • Purpose - The purpose of paper is to review and look into the process of port development of each country, and compare with their system of port management. Research design, data and methodology - The methods to be taken is to examine a process of port development in terms of historic and regulated point of views, and each country's port is compared with various port models. Results - China has evolved of port governance into 3 stages, which has lead to almost liberalized port management system in process of privatization slogan. Japan has three stages of port development, and key commitments have been done by local government, rather than national one. Korea has also several stages of port reforms, and national government has been deeply involved in port industry, as well as regional government and port authority in certain areas. Conclusions - whatever port management system each countries has taken, it eventually aims to port productivity in country's port. To adopt most proper port management system may be answer for country to cope with environmental changes around port industry.

The Motivating Role of Sentiment in ESG Performance: Evidence from Japanese Companies

  • Vuong, Ngoc Bao;Suzuki, Yoshihisa
    • East Asian Economic Review
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    • v.25 no.2
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    • pp.125-150
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    • 2021
  • The paper investigates investor sentiment's role in boosting Japanese companies to enhance their environmental, social, and corporate governance (ESG) performance. Using ESG scores of 367 firms between 2005 and 2019 from the ASSET4 database, we find that negative sentiment in the previous year, both firm and market level, can be a stimulation for the company's commitments to its ESG activities next year. Notably, the moderating effect of the business sector and economic cycle on the sentiment-ESG inference are detected in our study differentiating between corporate and market sentiment, which have never been reported before. In detail, we discover that the impact of firm-specific sentiment is less pronounced for high-sensitive ESG firms. On the other hand, the driving force of market sentiment on corporate social behaviors weakens when economic recessions happen. Our results are robust after controlling for potential endogeneity issues and using alternative proxies for market sentiment.

A Preliminary Study on Urban Pollution and Modern Shanghai Society

  • Lu, Ye
    • Journal of East-Asian Urban History
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    • v.2 no.1
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    • pp.7-26
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    • 2020
  • Urban pollution has been a problem in China since ancient times. In modern times, pollution was aggravated by industrialization and urbanization and became closely related to people's lives. Shanghai was the industrial center and the most urbanized place of modern China. As a price, it needed to face extremely serious urban pollution, and the treatment of this problem involved all aspects of social life. Noise pollution let foreigners to interpret the Chinese people and the city of Shanghai from a cultural perspective, and let Chinese residents to understand Shanghai and the nation from a civilized perspective. Pollution regulation made Shanghai the first city in modern China to implement overall pollution control and levy environmental protection fees. It also enabled the Chinese to gradually fight for their rights in urban governance. Urban pollution also brought business opportunities; in the highly commercial city of Shanghai, it promoted the development of some industries. The experience of urban pollution and its treatment prompted the people of Shanghai to rethink and re-recognize modern civilization, and also promoted the formation of Shanghai urban community.

The Ethics of Multinational Enterprises and ESG Response: Suggestions for Transparent Management

  • LEE, Chun-Su;CHO, Yoonkyo;KIM, Byong-Goo
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.3
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    • pp.41-50
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    • 2022
  • Purpose - Through multinational corporate ethics and environmental, social, and governance (ESG), various policy and strategic countermeasures for transparent management in the management and economic fields are presented. Research design, data, and methodology - A literature review is conducted to find important areas for transparent management and to summarize and present transparent management countermeasures based on simple brainstorming opinions from experts. Result - Issues facing transparent management are presented. In particular, multinational enterprises present cases involving prevention of transfer prices and tax avoidance in relation to Industry 4.0. Additionally, a plan is presented to establish a corruption-free economic system through the practice of ESG transparency, ethical management of social enterprises, and transparent management. Conclusion - According to the brainstorming opinions of experts, ESG management and ethical management should be the cornerstone of transparent management in the future. Therefore, it is necessary to institutionally supplement the imposition of digital taxes on fourth industrial companies.

Case Study on ESG Engineering Education based on Software Education for Community Youth (지역사회 청소년을 위한 소프트웨어 교육 기반 ESG 공학교육 사례 연구)

  • Kim, Hyun-Sik
    • Journal of Engineering Education Research
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    • v.26 no.3
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    • pp.72-80
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    • 2023
  • Recently, in terms of the future education, the need of the software education according to the 4th industrial revolution and the need of the ESG(environmental, social and governance) education according to social requests for sustainability are increasing at the same time. There may be a number of ways to satisfy the needs at the same time. In this paper, as an effort for meaningful implementation of the future education, a case study on the ESG engineering education based on the software education for community youth was analyzed and a future development direction was suggested. This ESG engineering education deals with the development and application of the program considering terms of target, method and implementation in order to enhance its systematicity and using physical computing and upcycling methods and a collaborative education support system. To verify the education program, a survey is performed and analyzed. Through this, the basis of an software education-based ESG engineering education model was established.

Development of ESG Index Scale Tool for Sustainable Management at the University (대학의 지속 가능 경영을 위한 ESG 지수 측정 도구 개발)

  • Kim, Ji-Yun;Cho, Jihoon;Yoo, Jun Hyuk;Yoo, Jiyeon;Lee, Tae Wuk;Kim, Kwihoon
    • Proceedings of the Korean Society of Computer Information Conference
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    • 2022.01a
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    • pp.215-216
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    • 2022
  • 본 논문에서는 대학의 지속 가능 경영을 위한 ESG 지수 측정 도구를 제안한다. ESG는 기업의 가치를 평가하고 투자 의사를 결정하는 중요한 요소로 자리매김하고 있다. 그러나 대학의 ESG 경영에 대한 연구는 현재까지 매우 부족한 상황이다. 이에 본 논문에서는 대학의 지속 가능 경영을 위한 ESG 지수 측정 도구를 개발하고 샘플 데이터를 이용한 활용 예시를 제안하였다.

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Design of an Automatic Waste Recognition System Based on YOLOv5 (YOLOv5 기반의 폐기물 자동인식 시스템 설계)

  • Tae-Woong Shim;Do-Yoon Kim;Jong-In Choi;Kwang-Young Park
    • Proceedings of the Korea Information Processing Society Conference
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    • 2023.05a
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    • pp.558-559
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    • 2023
  • 지구온난화와 기후변화로 인해 전세계적으로 기업, 정부는 ESG(Environmental, Social and Corporate Governance)에 관심을 가지고 있다. 이에 따라 폐기물 분류 및 재활용에도 관심을 가지고 있지만 국내 외 폐기물 분류는 정확하게 이루어 지지 않고 있다. 이에 본 논문에서는 객체 인식의 대표 모델인 YOLOv5 를 이용해 폐기물 중 대표인 페트병 탐지 시스템을 제안한다. 제안하는 시스템은 페트병 사이 다른 폐기물을 감지해 내고 페트병 중 유색과 투명 페트병을 분류를 한다. 향후, 제안하는 시스템의 성능 평가가 필요하고 다른 폐기물로 확장이 필요하다.

A Study on the National Trust Approach for the Environmental-friendly Conservation and Management of Greenbelts in Korea (개발제한구역의 친환경적 보전 및 관리를 위한 내셔널트러스트의 도입방안 연구)

  • Kim, Sun-Hee;Cha, Mi-Sook
    • Journal of Environmental Policy
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    • v.5 no.4
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    • pp.85-105
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    • 2006
  • This article aims to conserve greenbelts by adopting the national trust approach. This article reviews the current issues and problems in managing greenbelts in Korea. And this article redefines the function of greenbelts, and then suggests the new principles of management strategies of greenbelts. Greenbelts is to provide green open space for urban residents and to contain urban sprawl not to reserve lands for the future urban development. This article proposes basic principles for the effective management of green belts. They include (1) preserving environmental value, (2) maximizing public access to open space and environment resources, and (3) enhancing public-participation and collaboration among different groups and organizations for the management of greenbelts. These principles are closely related to those of national trust movement. This article suggests the government to adopt national trust approach (organization, funding, site selection criteria, legislation) to improve the environmental-friendly conservation and management of greenbelts in Korea.

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The Impact of Firms' Environmental, Social, and Governancial Factors for Sustainability on Their Stock Returns and Values (지속가능경영을 위한 기업의 환경적, 사회적, 지배구조적 요인이 주가수익률 및 기업 가치에 미치는 영향)

  • Min, Jae H.;Kim, Bumseok;Ha, Seungyin
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.4
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    • pp.33-49
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    • 2014
  • This study empirically examines the impact of firms' environmental (E), social (S), and governancial (G) factors on their short-term and long-term values. To measure firms' non-financial performance, we use ESG performance grades published by KCGS (Korea Corporate Governance Service). We employ stock log return as the proxy of each firm's short-term value, and Tobin's Q ratio as that of its long-term value. From a series of regression analyses, we find each of the ESG factors generally has a negative impact on stock return while it has a positive impact on the Tobin's Q ratio. These results imply that firms' effort for enhancing their non-financial performance may adversely affect their financial performance in a short term; but in the long-term point of view, firms' values increase through their good images engraved by their respective social, environmental and governancial efforts. In addition, we compare the relative strength of impact among E, S, G, the three non-financial factors on the firms' value measured in Tobin's Q ratio, and find that S (social factor) and G (governancial factor) give statistically significant impact on the firms' value respectively. This result tells us it would be advised to strategically embed CSV (creating shared value) pursuing both of profits and social responsibility in the firms' future agenda. While E (environmental factor) is shown to be an insignificant factor for the firms' value, it should be emphasized as a major concern by all the stakeholders in order to form a sound business ecosystem.

Status of Government Funded Projects for "Laboratory Safety" ('연구실 안전' 관련 정부연구개발사업 동향 분석)

  • Suh, Jiyoung;Kim, Hyemin;Bae, Sunyoung;Park, Jeongim
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.31 no.4
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    • pp.396-416
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    • 2021
  • Objectives: This study was conducted to analyze the trends of government R&D (R&D) projects related to laboratory safety over the past 20 years. Methods: We collected publications from various databases(DBs) with words such as laboratory(ies), lab(s), researcher(s), laboratory worker(s), safety, environment, hazard(s), risk(s), and so on. Selected publications were analyzed by the research funds and the number of projects according to the investment subject and research characteristics. Results: About 93% of the total R&D budget went to government policy projects, not scientific research. Second, from the perspective of 'safety management activities', most of the research is related to management and inspection at the organizational level. Issues that need to be discussed at the national level like policy governance are not included. Third, focusing on the 'safety management cycle', there were few studies related to 'prediction' or 'post-response'. Fourth, when an analysis framework combining the perspectives of 'safety management activities' and 'safety management cycle' is applied, most of the budget is spent on infrastructure such as digital management systems, whereas basic knowledge for prevention and production of evidence was very few. Conclusions: In order to prevent policy planning without policy evaluation, implementation without strategy, and evaluation without evidence, it is necessary to expand investment in empirical research on risks, research on the effectiveness of current application methods, and research on theory development. The government budget for laboratory safety-related projects should be managed separately from the R&D budget for scientific research. Although less than 5% of the budget allocated to scientific research is the total budget, an optical illusion occurs because both the project budget and the scientific research budget are counted as R&D budgets.