• Title/Summary/Keyword: financial satisfaction

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Intergenerational support and marital satisfaction in Korea and Japan: A comparative study using the EASS2006 (남편 부모 및 부인 부모와의 지원 양상의 특징과 기혼 자녀의 결혼 생활 만족도와의 관계 -EASS*2006 데이터를 이용한 한일 비교-)

  • Lee, Su-Jin
    • Journal of Family Resource Management and Policy Review
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    • v.22 no.1
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    • pp.39-62
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    • 2018
  • This study examined the effect of intergenerational support provided by husbands and wives to their parents and vice versa on marital satisfaction of grown-up children. The study consisted of 229 married men and 319 married women in Korea and 220 married men and 249 married women in Japan. EASS2006 data were used in the analysis. Among Korean males, scores for marital satisfaction were highest among those who frequently offered financial support to their own parents and their spouse's parents. Among Korean females, scores for marital satisfaction were highest among those who offered daily support to their own parents. Among males and females, scores for marital satisfaction were highest among those who frequently received financial support from the husband's parents. In the case of Japanese males, scores for marital satisfaction were highest among those who no provided daily support to their own parents and to their spouse's parents.

Basic study on household financial management software development(I) (가계재무관리 Software 개발을 위한 연구(I))

  • 박명희
    • Journal of the Korean Home Economics Association
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    • v.35 no.1
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    • pp.85-98
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    • 1997
  • This article is the basic study to develop computer software for the household financial management that can manage household effectively. For this study 5 housekeeping books and 9 computer softwares were analyzed and compared. Additionally financial bookeeping behavior and household financial satisfaction-related variables were investigated through questionnaire. The subjects were 284 housewives who live in Seoul and the method that was used to analyze the data were frequency 2 multiple regression analysis.

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Control Effect of Financial Retirement Preparation on Retirement and Senior Life Perception, Retirement Preparation Actions, and Retirement Satisfaction Level (은퇴 및 노후생활 인식, 은퇴준비 행동, 은퇴만족도 사이에서 경제적 은퇴준비 상황의 조절효과)

  • Kim, Nam-Won;Jang, Sun-Chul
    • The Journal of the Korea Contents Association
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    • v.16 no.7
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    • pp.522-531
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    • 2016
  • Extension of life expectancy and retirement of baby-boomers from 2010 made big population senior citizens, and concerns about retirement was heightened. Researches to remove the concerns about retirement found out that awareness for senior age life and financial preparation actions for retirement influence retirement life both directly and indirectly. This research identified the influence of financial retirement preparation on related variables, and analyzed its control effect on retirement and senior life perception, retirement preparation actions, and retirement satisfaction level. For that, from Nov 2015 to Feb 2016, this research surveyed 1,500 people from 20 to 69, by mailing or visiting with survey, noting purpose and process of research, eliminating 83 insufficient replies, and analyzing 1,417 surveys. This result shows the better retirement preparation, the more positive retirement and senior life perception, retirement preparation actions, and retirement satisfaction level. This research is significant as basic data for general and practical retirement preparation program development.

What Makes South Korean Perceive Happiness Lower Than Chinese and Japanese? (무엇이 한국인을 중국인과 일본인보다 행복하지 않게 만드는가?)

  • Park, Sang-June;Zhao, Rui;Lee, Yeong-Ran;Park, Ki-Chul
    • Asia-Pacific Journal of Business
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    • v.12 no.3
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    • pp.155-173
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    • 2021
  • Purpose - Previous research points out that South Korean perceive their happiness less than Chinese and Japanese, although the three nations belong to the same Northeast Asia cultural sphere. This study aims to find out the reasons for the relatively low perception of happiness in South Korea and develop policy options to improve the relatively low perceived happiness in South Korea. Design/methodology/approach - For the analyses, analysis of variance (ANOVA) and regression analysis were performed based on the World Values Survey data (Wave 7). Findings - First, South Korean perceived happiness less than Chinese due to 'satisfaction with the financial situation of household' and 'in-group trust'. More specifically, although there was no difference in the impact of 'satisfaction with the financial situation of household' on perceived happiness in South Korea and China, South Korean evaluated 'satisfaction with the financial situation of household' lower than Chinese. In addition, the impact of 'in-group trust' on happiness in South Korea was less than that in China, where the level of 'in-group trust' was also lower in South Korea than China. Second, South Korean perceived happiness less than Japanese due to 'in-group trust'. Although South Korean had a higher level of 'in-group trust' than Japanese, the impact of 'in-group trust' on perceived happiness was less in South Korea than Japan. The contribution of 'in-group trust' to perceived happiness, calculated with the regression coefficient of 'in-group trust' multiplied by the mean of 'in-group trust', was evaluated lower in South Korea than Japan. Research implications or Originality - This study identifies the mechanism leading to low perception of happiness in South Korea, based on the World Values Survey data.

Enhancing Customers' Satisfaction Using Loyalty Rewards Programs: Evidence from Jordanian Banks

  • ALNSOUR, Iyad A.;ALNSOUR, Ibrahim R.;ALOTOUM, Firas J.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.297-305
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    • 2021
  • The study aims to investigate loyalty rewards programs on customers' satisfaction in Jordanian banks, and to investigate the statistical differences in loyalty rewards programs and customers' satisfaction according to demographics such as age, sex, education level, duration of engagement with bank, and the type of bank. The study is based on the data obtained from the sample. The questionnaire is the tool for collecting data from the respondents. The study materials include website resources, regular books, journals, and articles. The study population consists customers in the banking sector. The figures indicate that number of actual customers reaches 2.06 million. The sample size requirement is 386 items. Customers are split between traditional and Islamic banks, with 231 and 155 customers respectively. The stratified random sampling technique and the structural equations modeling methodology were used. The results show moderated impact of the loyalty rewards programs on customers' satisfaction. The results show statistical differences in the loyalty rewards programs and customers' satisfaction according to the engagement period with the bank only. The findings suggest better managing the loyalty programs and developing one credit card for all banks in Jordan.

6-sigma Quality Management: Defining and Analyzing Causal Relationships 6-sigma Drivers, Action Competency, Management Performance - in the Manufacturing Sector - (6-sigma 품질경영 : 6시그마 정의와 추진환경 실천역량, 경영성과와의 인과관계에 관한 연구 -제조부문을 중심으로-)

  • Kim Gye-Soo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.29 no.3
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    • pp.129-144
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    • 2004
  • The goal of this study is to stress the importance of 6sigma quality management in improving the inner capabilities of manufacturing and the performances of the company. Six Sigma is widely recognized today as a process improvement methodology that can cut costs and eliminate defects in manufacturing processes. In this exploratory analysis. a model is developed and tested to fit research model with the structural equation modeling analysis. In conclusion. 6sigma leadership and flexible organizational culture are the important drivers among 6sigma activities. IT management strategy is significantly related to 6sigma quality management. 6sigma quality management is significantly related to financial performance. In addition. customer satisfaction is significantly related to financial performance.

Relationship among Service Quality, Corporate Image, and Customer Satisfaction (서비스품질, 기업이미지, 고객만족 간의 관계에 관한 연구)

  • Chung, Ki-Han;Shin, Jae-Ik;Hwang, In-Ho
    • Journal of Industrial Convergence
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    • v.4 no.1
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    • pp.109-132
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    • 2006
  • The purpose of this paper is to examine the relationships among service quality, corporate image, and customer satisfaction of a financial institution in J city of Gyeongnam. The results show as follows. First, service quality affects positively corporate image. Second, service quality affects positively customer satisfaction. Third, corporate image affects positively customer satisfaction. Specifically, among the dimensions of service quality, the most significant predictor of corporate image is responsiveness, while the most significant predictor of customer satisfaction is tangibles. Further discussion and managerial implications can be drawn from these findings.

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The Effect of New and Renewable Energy Equipment KS Certification Requirements on the Performance of Firms (신재생에너지설비 KS인증 요구사항이 기업 성과에 미치는 영향)

  • Han, Yun-Cheol;Kim, Gunwoo;Kang, Kyu-Young
    • Journal of the Korean Solar Energy Society
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    • v.37 no.5
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    • pp.85-99
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    • 2017
  • New and Renewable Energy Equipment Certification program has been integrated into the KS(Korean Industrial Standards) certification system as of July 29, 2015. This study is to determine whether the KS certification requirement has had a positive effect on corporate performance (e.g. quality improvement, financial result, customer satisfaction) within those that had already acquired the New and Renewable Energy Equipment KS certification. As a result, among the requirements for the KS certification, quality management, product management, and product testing have a positive impact on product quality improvement, and product testing has shown a positive influence on customer satisfaction. Although requisite for the KS certification did not have a significant effect on financial outcome such as increase in revenue, it has shown to have positive consequence to some extent on those firms that newly obtained the certification.

Outcome and Antecedent of Organizational Effectiveness: Moderation Effect of Strategy

  • KIM, Boine
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.2
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    • pp.1-17
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    • 2022
  • Purpose - This exploratory study analyzes the performance of the business from the HRM point of view. Analyzed the influence of HRM and organization effectiveness on business performance. Also moderating effect of the strategy is analyzed. Research design, data, and methodology - Two outcome variables are measured, non-financial performance and financial performance. Two organizational effectiveness variables are measured, job satisfaction and organizational commitment. And two HRM areas are measured, HRM practice and organizational culture. Finally, two strategies are measured as moderators, market strategy and product/service strategy. This study analyzed employees of 554 from the 7th HCCP. This study used SEM and MCFA. Result - The results of turnover intention, growth rate, and profit rate verified the influence of HRM and organizational effectiveness. Overall results showed a contrary effect of education & training system implement and participation on job satisfaction and organizational commitment. Among organizational culture, innovation and relation positively affect job satisfaction and organizational commitment. However, antecedents influencing turnover intention, growth rate, and profit rate bear no resemblance. And the MCFA result shows that strategy's group differentiation analysis is meaningful in turnover intention not in financial performance. Conclusion - Based on this study result, management suggestions for turnover intention, growth rate, profit rate, and organizational effectiveness are made. Especially, due to the company's strategy.

Understanding User's Continuous Use of Financial Technology Products

  • Wanchao Liu;Huosong Xia;Jian Mou
    • Asia pacific journal of information systems
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    • v.31 no.2
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    • pp.236-256
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    • 2021
  • Online financial technology products are an important consumer finance innovation. While a large body of previous research has focused on initial adoption and consumer willingness to use these products, little research explores the continued use of these products beyond the initial adoption phase. In particular, special attention should be paid to how users' trust and perceptions of privacy and security affect continued use behavior. This paper integrates the expectation confirmation model of information system continuance (ECM-ISC), the information system success model (ISSM) and the security and trust literatures to investigate continued use of online financial technology. To test the research model, we collected 398 valid questionnaires from Ant Credit Pay users. The research results show that system and service quality positively impact users' expectation confirmation, while information quality has no significant impact. Expectation confirmation and perceived usefulness positively affect user satisfaction. Moreover, the user's perception of privacy and security plays a vital role in user satisfaction. Satisfaction and perceived trust jointly promote users' continuance behaviors. Findings of this study indicates the importance of the information system success factors and security factors due to their influence on the continued use of Fintech products. This conclusion has implications for enterprises in improving the product qualities and enhancing the degree of security to meet user needs.