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.
Family education service for healthy families has increased steadily over the past ten years since the Healthy Family Act was enacted. The Purpose of this study aims to investigate the current state of family education professionals such as family life educators and healthy family specialists, and also suggest a management plan for them. The data used was collected from literature regarding family life educators and healthy family specialists, reports and home pages of Ministry of Gender Equality and Family, Korean Institute for Healthy Family, Healthy Family Support Center in Seoul and Gyeonggi-do, Korean Association of Family Relations, etc. The major suggestions are as follows: 1) empowerment of family education professionals, 2) development of the workplace for family education professionals, 3) development and promotion of various education programs for families, 4) improvement of the capability of family education professionals response to a low fertility-ageing society, 5) collaborative networking between family life educators and healthy family specialists. This study contributes to provide insights on how to train and manage family education professionals.
While we go through a rapid change in society, family types composing social relationship underwent lots of changes. Recently the range of family is included not only families on the basis of blood relationship but also single family, a one-parent family and non-blood relationship family. Now we need not unified types of housing but social integrated housing models responding to family diversity. The purpose of this study is that examine family diversity through social statistics and demography and grasp the current housing types responding to family diversity. The features of family diversity are reducing the number of family member and turning up a unformal family type. At the social statistics and demography in 2005, the number of family member is only 2.9 people per family. Due to decline of birth rate and change of marriage consciousness, various family types appear and increase such as single family, a one-parent family and non-blood relationship family. But there is lack of housing types responding to such family diversity. This study will be a basic research to develop social integrated housing models responding to family diversity. Housing must be sensitive to change of family type, so it responds our needs based on thorough understanding on various housing life.
Purpose: The purpose of this study was to identify the effect of family stressors, family strains, general family values, family values for hospitalized children and family hardiness on family adaptation based upon McCubbin's family resilience model for families of hospitalized children in China. Methods: A survey using a self-report questionnaire was conducted with 330 hospitalized children's parents. Six instruments were used in this model. The data were analyzed using SPSS WIN 19.0 and AMOS 19.0 program. Results: Family strain had a significant negative direct effect, general family values and family hardiness had a significant positive direct effect, and family values for hospitalized children had a significant positive direct effect and indirect effect on family adaptation of hospitalized children. Conclusion: In this study McCubbin's resilience model and resiliency factors were identified. According to the finding of this study nursing interventions to reduce family stress, enhance family hardiness and consolidate general family values and family values for hospitalized children can help to increase family adaptation in families of hospitalized children. Therefore, the significance of this study is that the results can be used to develop family nursing intervention programs based on family resilience to strengthen family adaptation in families of hospitalized children.
The purposes of this study were to compare financial status of home-based family business with that of ensile family business, and to analyze the factors effected on financial status of both business groups. The sample consisted of 295 home-based family business and 418 ensile family business among self-employed household of 1998 Korea Household Panel Data, and analyzed into Frequencies, Percentile, t-test, $\chi$$^2$-test and Regression. The findings were as follows: First, in case of financial status of household, there was no significant difference between home-based family business and ensile family business. Second, in case of financial status of business, total sales amount and net profit of home-based family business were lower than those of onsite family business, however net profit to total sales ratio of home-based family business was higher than those of onsite family business. Third, the factors contributing to total expenditure to total income ratio of home-based family business were business owner's present economic perception, future economic expectancy and residence, while business owner's age, the number of children and of tamer, and residence were significant variables contributing to same ratio of onsite family business. The factors contributing to total asset to total debt ratio of home-based family business was only business owner's future economic expectancy, however factors affected on the counterpart were business owler's future economic expectancy and job type of family business. Fourth, the variables of sex, age, educational level of family business owner, job type and family type of family business were associated with net profit to total sales ratio of home-based family business, and sex, educational level of family business owner, job type of family business, and the number of employees were related to same ratio of the counterpart. In addition, educational level of family business owner, job type and residence were related with total sales to the number of employees ratio of home-based family business, and educational level of family business owner and job tape of family business were related to same ratio of ensile family business.
As the present Korean family has been exposed to many social changes, the family types and family values of Korean family also have been changed substantially. This study was carried out to find the desirable type and family values of future Korean family. Equality between men and women, equality among family members, and bilateral kinship relations were suggested as desirable values of the Korean family. Variety in family type, including various married couple centered on family and various extened family, was suggested as future Korean family type.
Objectives: The purpose of this study was to identify the family phenomenon and characteristics by ICNP such as family shape, life standard. area, and development stage. Method: 1. Sample size was 115. 2. Data analysis method included frequency analysis including ratio. Results: 1. On the distribution of the family phenomena by family shape, the nuclear family showed a higher ratio on the distribution in family communication and the unhealthy life style. The nuclear family was related to children andhad a higher ratio on the inadequate care management of the sick member. The extended family showed the highest ratio on the inadequate care management of sick member. 2. On the distribution of the family phenomena by family life standard, the family with medium life standard showed a higher ratio on the inappropriate family coping, whereas the family with lower life standard appeared to have a higher ratio on the inadequate care management of the sick member. 3. On the distribution of the family phenomena by area. the large city area showed the highest ratio on the inappropriate family coping, the medium and small city area appeared to have the highest ratio on the unhealthy life style. The county area showed the highest ratio on the inadequate care management of sick member. 4. On the distribution of the family phenomena by development stage, the family in rearing period showed a higher ratio on the inappropriate family coping and the lack of family intimacy. Families with preschool children showed a higher ratio on the unhealthy life style, and families with school age children showed the highest ratio on the inappropriate family coping. Families with adolescents appeared to have the highest ratio on the disturbance in family communication, and families with launching young adults showed the highest ratio on the inadequate care management of sick member. 5. On the distribution of the family characteristics by family shape, the nuclear family showed a higher ratio on the family characteristics such as less communication chances among family members and neglect of general child rearing, whereas the third generation family appeared to have a higher ratio on the characteristics such as overburden of housewife's role and short of caring among family members. 6. On the distribution of the family characteristics by family life standard, the family of medium life standard showed higher ratio on the family characteristics such as a few communication chance among family and overburden of housewife's role, and the family of lower life standard appeared to higher ratio on the family characteristics such as short of caring among family members. 7. On the distribution of the family characteristics by area. the large city area showed a higher ratio on the family characteristics such as overburden of housewife's role and neglect of general child rearing. The medium and small city area appeared to have a higher ratio on the family characteristics such as less communication chancec among family members. The county area showed a higher ratio on the family characteristics such as short-term care among family members. 8. On the distribution of the family characteristics by development stage, the family with rearing period showed a higher ratio on the family characteristics such as neglect of general child rearing. Families with preschool children showed a higher ratio on the family characteristics such as less communication chancec among family members. Families with school age children showed a higher ratio on the family characteristics such as overburden of housewife's role. Families with adolescents appeared to have a higher ratio on the family characteristics such as less communication chances among family members. Families with launching young adults showed a higher ratio on the family characteristics such as less communication chances and short-term care among family members.
The purpose of this study was to determine the factors affecting family strength and therewith, suggest some strategies to improve family strength and welfare. For this purpose, the researcher sampled 208 college students and surveyed them for their perceptions of the concept of family and family strengths. The results of this study can be summarized as follows. First, as a result of surveying the subjects on their perception of the concept of family, it was found that almost all of them (99%) perceived that 'a family consists of a couple and their children' (item 1). The other items regarding the concept of family chosen by the majority of subjects were 'a couple and adopted child' (item 3 & item 17), 'a remarried couple and their children' (item 9), 'a single parent and children' (item 2), 'a three-generation family; couple, widowed daughter and granddaughter' (item 4), 'three sisters' (item 7), 'an unmarried woman living with a son born from a sperm bank' (item 19), 'a separated couple with no child' (item 13), 'cousins living together' (item 11), 'a divorced man and his girlfriend with child' (item 15) and 'homosexual family' (item 8). Second, as a result of assessing subjects' needs for family functions and their efforts for family strengths, it was found that the family functions for family members scored higher than those for the society, and that subjects' efforts for the family functions conducive to both their family members and society scored lower than their needs for the family functions. Third, subjects' needs and efforts for family functions were positively correlated with family strengths. Namely, family functions were closely related with family strengths.
In this study, the investigator examined employees' work-family conflict, and analyzed its relationship with family health, to clarify the two-way influence of work-family and to verify the influence of a family friendship system based upon work-family compatibility and a healthy family. Data from 379 married female and male corporate employees were collected. Collected data were analyzed on the SPSS WIN 12.0 program. Study findings are as follows: First - For the individual, in domain variables of work-family conflict according to socio-demographic characteristics, gender has a significant influence upon strain-based conflict, family interference with work, and time-based conflict. Second - Work domain variables such as occupation, career, employment type, and working hours have a significant influence upon work interference with family, while career, and a working couple have a significant influence upon family interference with work. Finally - average housework hours and children have a significant influence upon work interference with family, whereas the length of a marriage, the average housework hours, and a housework helper have a significant influence upon family interference with work.
The purpose of this study is to discuss Faimly Business. Family Business means a business that is owned and managed by one or more family members,. Family Business is defined as one in which at 51% of the business is owned by a single family and at least one and more family members are involved in the management activities in addition to which transfer of leadership to next generation family member is anticipated. This study is to examine a clear understanding of the relationship between family functioning and business viability in families who own and operate businesses. The Overall objectives of this study are first to introduce the Family Business in the Home Economics Consumer Studies and Family Resource Management field second to theoretically review definition of Family business and related concepts bivalent attributes of Family Business the dual relationship of the social and business functions in the Family Business the dual relationship of the social and business fun tions in the Family Business, Family Business is characterized by the dual relationship of two naturally separate functions; the social function(the family) and the business function(the family business). The family in it's social function satisfies different social and emotional needs. On the other hand the business function is result-oriented the decision -marking process and behavioral pattern must be based on an objective economic model in order for the family business to compete and survive It's important to handle the overlap between the social and the business functions of Family Business and offers some guidelines on how to address with the overlap problems This study is a useful instrument for researcher educators practitioners and policy makers.
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