• 한국중재학회지:중재연구
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• 제27권4호
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• pp.179-198
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• 2017

The OECD Guidelines for Multinational Enterprises (The Guidelines) was initially promulgated in 1976 as a form of annex to the OECD Declaration on International Investment and Multinational Enterprises. The Guidelines aims at accomplishing the implementation and dissemination of the Responsible Business Conduct. The latest version of The Guidelines, as revised in 2011, directed 47 adhering countries to The Guidelines to set up their respective National Contact Points (NCPs). NCPs are The Guidelines' dispute resolution mechanism for specific instances arising from breach by multinational enterprises of The Guidelines. Korea to date has its own NCP performing its role to offer good offices and facilitates settlement between the parties to the specific instances regarding The Guidelines. However, there has been strong criticism from NGOs and civil society that Korea NCP has not performed well due to lack of transparency and impartiality, especially in the context of the governance of Korea NCP. Under this circumstance, this paper ⅰ) examines current status and problems of Korea NCP, ⅱ) evaluates the core criteria for function and governance of NCPs through a comparative overseas cases study, and ⅲ) suggests improvement plans for Korea NCP.

• The Journal of Asian Finance, Economics and Business
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• 제9권2호
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• pp.1-14
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• 2022

The implications of bank-specific risks and macroeconomic risks on the growth, profitability, and stability of Islamic and conventional banks are examined and compared in this article. The study also investigates whether corporate governance mitigates the effects of both bank-specific and macroeconomic risks on Islamic and conventional banks' development, profitability, and stability. For the period 2007-2019, we examined a panel data set of 22 banks in Pakistan, including both Islamic and conventional banks. We discovered considerable evidence that both bank-specific risks and macroeconomic risks have negative effects on the growth, profitability, and stability of Pakistani banks using a dynamic panel data estimator, the two-step Generalized Method of Moments (GMM) approach. Furthermore, the findings show that bank-specific and macroeconomic risks have different consequences in both types of banking. The impacts of liquidity risk, operational risk, capital risk, inflation risk, and exchange rate risk are higher for Islamic banks than for conventional banks. Conventional banks, on the other hand, are more vulnerable to credit risk and interest rate risk. Finally, the findings show that good corporate governance reduces the negative consequences of both categories of risks on bank development, profitability, and stability. This is true for Islamic and conventional banks alike.

• 토지주택연구
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• 제4권4호
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• pp.349-360
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• 2013

최근 도청 이전 신도시, 위례신도시 등 두 개 이상 지자체를 포함하는 신도시(복합경계신도시) 개발이 증가하고 있다. 그러나 현행 도시개발제도는 단일 지자체 신도시를 대상으로 하고 있어, 복합경계 신도시의 개발과 관리를 위한 제도 개선이 필요하다. 다층적 거버넌스(Multi-level governance) 개념은 광역지자체와 기초지자체가 포함된 위례신도시에서 갈등이슈를 파악하고, 개발사업자와 주민까지 참여하는 협력 대안을 모색하는데 유리한 개념틀을 제공한다. 본 연구의 목적은 위례신도시를 사례로 다층적 거버넌스(Multi-level governance)의 개념틀을 활용하여 복합경계신도시의 개발과 관리 운영 과정에서 발생하는 갈등이슈를 파악하고, 협력적 관리방안을 제시하는 것이다. 이를 위해 관련자 및 전문가 인터뷰, 문헌연구, 전문가 포럼 등을 진행하였으며, 도시개발 관련 선행연구와 경제자유구역 등 유사사례로부터 시사점을 도출하였다. 본 연구의 주요 결과는 다음과 같다. 첫째, 위례신도시 개발 관리의 주요 부문을 학교 학군, 행정서비스, 공급처리시설, 도시기반시설로 구분하고, 각 부문별 갈등이슈를 분석하여 갈등구조를 파악하였다. 둘째, 위례신도시는 복합경계 신도시로서 행정구역 별 분리 관리와 통합 관리간의 대립, 광역적 관리 대 국지적 관리가 갈등의 기본축을 형성하고 있음을 확인하였다. 셋째, 위례신도시의 협력적 관리를 위해서는 최소한 지자체 행정협의회, 지자체조합, 전문관리기구의 세 가지 차원에서 Multi-level governance를 구성하여야 한다는 점을 향후 관리방안으로 제시하였다.

• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.1065-1071
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• 2020

The study aims to analyze the supply chain role of supervision, discipline, work climate, and organizational learning on the performance of community services at the public works. This study took a sample of employees through purposive sampling technique at the Public Works Office and Bina Marga in a regency in East Java. Data through questionnaire was collected through a 5-point Likert scale model. The results show that the application of employee discipline affects the performance of public services, with a contribution of 39.7%, meaning that discipline and organizational learning are implementation factors that have an effect on public service performance. In stepwise regression analysis, the supervisory factor has a correlation with service performance, but it is less relevant, while the work climate is not relevant as a predictor variable to improve public service performance. The study revealed the importance of the supply chain policy of implementing good and clean governance and the enactment of the performance appraisal of the government apparatus established through Good Corporate Governance of the state apparatus. The findings provide a basis to encourage the public sector performance to smooth every step of supply chain management of every government project work, especially in the field of public services.

• The Journal of Asian Finance, Economics and Business
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• 제7권2호
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• pp.261-270
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• 2020

This study aims to examine the community empowerment model to develop sustainable tourism villages in Indonesia. This study applies a qualitative method. Data collection is conducted through interviews, observations, and focus group discussions held in Ponggok Village of Central Java Province - Indonesia. The results of this study found that the tourism development carried out in the Ponggok Village used four approaches (1) spatial approach as a basis in determining the direction of village development; (2) sectoral approach through increasing the role of the Village Owned Enterprises to build the village economy; (3) human resources to enhance the role of village communities in managing village potentials; and (4) use of information technology to improve service quality, transparency and accountability. The success of these four approaches is influenced by the leadership, innovation, collaboration, and good village governance. The success of the Ponggok village to become an independent village in improving the welfare of the community is inseparable from the success of the Ponggok village government in empowering the community to manage sustainable tourism development. The success of development with these four approaches is influenced by leadership, innovation, collaboration, and good governance.

• Journal of Preventive Medicine and Public Health
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• 제54권1호
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• pp.1-7
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• 2021

The Korean government's strategy to combat coronavirus disease 2019 (COVID-19) has focused on non-pharmaceutical interventions, such as social distancing and wearing masks, along with testing, tracing, and treatment; overall, its performance has been relatively good compared to that of many other countries heavily affected by COVID-19. However, little attention has been paid to health equity in measures to control the COVID-19 pandemic. The study aimed to examine the unequal impacts of COVID-19 across socioeconomic groups and to suggest potential solutions to tackle these inequalities. The pathways linking social determinants and health could be entry points to tackle the unequal consequences of this public health emergency. It is crucial for infectious disease policy to consider social determinants of health including poor housing, precarious working conditions, disrupted healthcare services, and suspension of social services. Moreover, the high levels of uncertainty and complexity inherent in this public health emergency, as well as the health and socioeconomic inequalities caused by the pandemic, underscore the need for good governance other than top-down measures by the government. We emphasize that a people-centered perspective is a key approach during the pandemic era. Mutual trust between the state and civil society, strong accountability of the government, and civic participation are essential components of cooperative disaster governance.

• The Journal of Asian Finance, Economics and Business
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• 제8권4호
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• pp.391-402
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• 2021

This study aims to analyze the impact of the company's financial performance in mediating the relationship between Intellectual Capital and GCG on Corporate Value in banking companies listed on the Indonesia Stock Exchange (IDX). Also, this study analyzes the direct effect of intellectual capital and GCG on corporate value and the indirect effect through the company's financial performance. This study develops research of Chen et al. (2005) and measures Intellectual Capital with VAIC (Pulic, 1998). VAIC model is more accurate to measure Intellectual Capital because it can show potential intellectual use efficiently. The data used are banking companies listed on the IDX in 2014-2016 with purposive sampling technique and Data Analysis Technique used are path analysis. The results showed that the financial performance of banking companies was proven to mediate the relationship between intellectual capital and GCG. The role of GCG that can improve financial performance and corporate value is only GCG as measured by the ratio of independent commissioners and audit quality. Meanwhile, the financial performance and corporate value audited by the Big 4 will be greater than the financial performance and corporate value of the banking companies listed on the Indonesia Stock Exchange that are not audited by the Big 4.

• 유통과학연구
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• 제12권10호
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• pp.47-56
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• 2014

Purpose - This study aims to eradicate and halt the continuous life cycle of corruption. Only when ethical management policies are implemented can the business ethics system be effective and transparent. Research design, data, and methodology - The analyses and legislative measures designed by these organizations and countries were based on solid research, uncovered during my visits and interviews conducted with businessmen in those countries. Results - The main focus of in this study is as follows: First, to introduce the programs of UN, OECD, OAS, USA, and Asian countries noted for business ethics and transparency policies; Second, to define each function and problem of these countries' anti-corruption systems, including the U.S. federal government, and to examine Chinese trends. Conclusions - Ethical managements are necessary to improve business ethics. This study suggests four related areas for the purpose of discouraging bribery and corruption; these are improving global corporate governance standards, increasing financial transparency, improving good governance in the public service of the OECD member countries, and focusing on not only the supply side but also the demand side of the corruption market.

• 재무관리연구
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• 제26권4호
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• pp.1-34
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• 2009

본 연구는 2002년부터 2007년까지 유가증권시장에 상장한 기업들을 대상으로 기업이 보유하고 있는 현금성자산의 비중이 해당 기업의 가치에 미치는 영향을 상대적으로 연구가 많이 이루어지지 않았던 대리인이론에 근거하여 실증적으로 분석하였다. 특히, 본 연구에서는 경영자나 외국인 지분율 등 소유구조 자료를 주로 사용한 기존의 선행연구와는 달리 개별기업들의 지배구조적 특성을 다방면으로 평가한 기업지배구조점수를 활용하여 보유현금의 가치가 대리인비용 발생가능성에 따라 차이가 있는지 살펴보았다. 기초분석에서는 기업의 보유현금 증가가 기업가치를 유의적으로 증가시키는 것을 발견하였다. 기업지배구조점수를 통해 대리인문제 발생 가능성을 고려해 본 결과, 기업지배구조가 우수해 향후 대리인문제가 발생할 가능성이 낮은 기업군이 그렇지 않은 기업군보다 보유현금이 기업가치에 보다 긍정적인 영향을 주는 것으로 나타나 대리인이론의 주장을 지지하는 결과를 확인하였으며 지배구조의 내생성을 고려한 이후에도 이와 동일한 결과를 얻었다. 따라서 기업이 미래 불확실성 등으로 보유현금을 증가시키더라도 기업지배구조가 좋을 경우 기업의 경영자가 자신의 사적이익을 추구하기 보다는 주주가치를 증가시키는 의사결정을 하도록 효율적으로 감시할 수 있기 때문에 해당 보유현금은 시장에서 보다 긍정적으로 평가받는 것으로 나타났다.

• 한국철학논집
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• 제41호
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• pp.71-92
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• 2014

이 논문에서는 유학(儒學)과 도학(道學)에 대한 이해를 기초로, '수기(修己)'의 문제와 관련되는 퇴계(退溪)의 도학(道學)과 '안인(安人)'의 문제와 관련되는 퇴계(退溪)의 경세론(經世論)을 함께 다루어보았는데, 이런 연구는 퇴계의 사상을 잘 이해하기 위해서 중요한 의미가 있다고 생각한다. 퇴계는 16세기의 조선(朝鮮)의 사화(士禍)라고 하는 시대적 비극과 사회적 혼란 속에서 무척 괴로워하고 절망하였으며, 원칙과 기준이 무너지고 방향조차 상실된 상황에서 사회와 역사의 주체로서의 인간의 본성과 선악(善惡)의 문제에 관하여 깊게 반성해보지 않을 수 없었다. 이런 퇴계의 문제는 "사회와 역사의 주체로서의 인간(心)이 어떻게 현실(氣) 속에서 원칙과 기준(理)을 세우고 이상을 실현할 수 있는가, 그리고 어떻게 이성으로서 욕구(欲)와 감정(情)을 잘 조절할 수 있는가?"하는 문제라고 할 수 있다. 퇴계의 사상적인 체계 속에서는 '이(理)'에 대한 강조(이발(理發) 이동(理動) 이도(理到))와 '알인욕(?人欲) 존천리(存天理)'를 핵심으로 하는 '심학(心學)'이 경(敬)의 공부에 의하여 유기적으로 통일되어 있다. 퇴계는 "무진육조소(戊辰六條疏)"에서 인주(人主)가 사친(事親)의 마음으로 사천(事天)의 도(道)를 다하여야 한다고 하면서, 법과 제도가 시대에 맞지 않으면 변통(變通)해야하지만 좋은 법과 제도까지도 모두 고치려고 해서는 않되며, 너무 보수적인(수구(守舊) 순상(循常)) 사람에게만 의지하면 지치(至治)를 이루기가 어렵고 너무 진보적인(신진(新進) 희사(喜事)) 사람에게만 맡기면 많은 문제를 불러일으킬 수 있다고 하였는데, 이러한 퇴계의 견해는 오늘날 개혁 및 인사의 문제와 관련하여 깊게 음미해 볼 필요가 있을 것이다.