• Title/Summary/Keyword: institutional management

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The Effects of Knowledge Management Strategy and Structural Capital on Organizational Performance (지식경영 전략 및 구조적 자본이 조직성과에 미치는 영향)

  • Lee, Jong-Keon;Lim, Hyung-Gon
    • Knowledge Management Research
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    • v.12 no.4
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    • pp.77-90
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    • 2011
  • This study examined the effects of knowledge management strategy and structural capital on organizational performance. Structured capital was classified into three dimensions: organizational culture, knowledge process, and information technology. Data were collected from 251 employees in a public institution. Results indicated that organizational knowledge-based strategy was positively related to employees' job satisfaction, and that information technology-based strategy was positively related to customers' satisfaction and institutional image. Results also indicated that organizational culture and knowledge process were positively related to customers' satisfaction, employees' job satisfaction, and institutional image, whereas informational technology was negatively related to customers' satisfaction and institutional image. Finally, the theoretical and practical implications of the results were discussed.

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The Analysis of the Herding Behavior of Korean Institutional Investors: Evidence from the Intraday (일중거래자료를 사용한 기관투자자 군집거래의 분석)

  • Lee, Jae-Hyun;Lee, Ho-Sun
    • Management & Information Systems Review
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    • v.32 no.3
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    • pp.83-105
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    • 2013
  • There are many literatures about the herding behavior of institutional investors but there is lack of literatures about the relation among several investor groups consisting of institutional investors. So we investigate the relation among sub-institutional investor groups like bank, insurance companies, pension funds using KRX intraday trading data of 2009. As the result, we find that foreign, individual, and securities firm investors trade in the opposite direction of other investor groups including pension funds. And pension, insurance, asset management, private equity funds, other companies, government, and banks are cross-mimicking each other, so we conclude that these investors make herding behavior. In 2009 institutional investors except securities firms make herding in a short period, and insurance, asset management, pension funds and other companies make herding and self-mimicking in all period, but there is no herding and mimicking after foreign investors.

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An Institutional and Ecological Analysis of the Healthcare Environment in Korea: Focus on Institutional Logics, Actors, and Governance structures (한국 보건의료 환경의 변천 : 제도적 로직, 행위자, 거버넌스를 중심으로)

  • Kim, Su-Jin;Kwon, Soon-Man;You, Myoung-Soon
    • Health Policy and Management
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    • v.21 no.3
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    • pp.457-492
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    • 2011
  • The primary goal of our study was to investigate the vast transformations of the healthcare sector in Korea during the past half century. Official data reported in the Korean statistical yearbooks and secondary data suggested by previous studies were used for institutional analysis of healthcare environment. Information on hospital released by the Korean Hospital Association was also used for ecological analysis. Institutional analysis: We identified three distinctive eras based primarily on changes in institutional logics, institutional actors, and governance structures : 'professional dominance (1952-1976)', 'government involvement (1977-1999)', and 'coexistence of competing institutional logics (2000-present)'. During the first era, physician association supported by Korean government comprised the primary governance regime. During the second era, the government became a major actor as a regulator and purchaser in health care sector, introducing of the 'mandatory national health insurance'. During the third era, making healthcare system sustainable and providing health care efficiently was overarching goals although it was hard to find a single central logic dominating this period. Ecological analysis: Evidence from the analysis of hospital population suggested that the expansion of the bed capacity was made from different processes, shifting from the ecological process in 1980s to the adaptive process in 1990s. And Korean hospitals had changed following both 'directional process' and 'stabilizing process' over time. Based on our results, we concluded that more studies to compare more organizational populations other than hospitals and to empirically test the effects of institutional changes on organizational changes and vice-versa, need to be conducted.

The Impact of the Government's Earthquake Disaster Response Capabilities and the Legal and Institutional Appropriateness of the Disaster Management System on the Operational Performance of Disaster Management : Focused on Fire Officer's Consciousness (정부의 지진재난 대응역량과 재난관리체계의 법·제도적 적절성이 재난관리 운영성과에 미치는 영향 : 소방공무원의 인식을 중심으로)

  • Youn, SeokMin
    • Journal of the Society of Disaster Information
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    • v.16 no.2
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    • pp.318-330
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    • 2020
  • Purpose: In this study, the effect of the government's disaster response capabilities and the legal and institutional appropriateness of the disaster management system on the operational performance of disaster management performance were verified. Method: Questionnaire survey was performed for the fire officials, and the surveyed data was statistically analyzed by using SPSS 25.0 program. Result: The main results of this study are as follows. First, the government's earthquake disaster response capability is found to have a significant effect on disaster follow-up management as well as disaster prevention preparation, which is a factor in disaster management performance. Second, it has been shown that the legal and institutional appropriateness of the earthquake disaster management system has a significant impact on disaster follow-up management as well as disaster prevention preparation, which is a factor of disaster management performance. Conclusion: The important policy implications for improving the operation performance of disaster management could be obtained in preparation for earthquakes in Korea.

Analysis of the Determinants of Research and Development in the Pharmaceutical Industry Using Panel Study Focused Foreign and Institutional Investors (패널자료를 이용한 제약산업의 연구개발투자 결정요인분석: 외국인투자자와 기관투자가를 중심으로)

  • Lee, Mun-Jae;Choi, Man-Kyu
    • The Korean Journal of Health Service Management
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    • v.9 no.3
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    • pp.247-254
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    • 2015
  • Objectives : The aim of this study was to analyze the influence of foreign and institutional investors in the pharmaceutical industry on R&D investments. Methods : The empirical analysis was done for the years 2009 to 2013 which examined the period after the influence of the financial crisis. Financial statements and comments in general and internal transactions were extracted from the TS-2000 of the Korea Listed Company Association. STATA 12.0 was used as the statistical package for the panel analysis. Results : The results show that the shareholding ratio of foreigner investors turned out to have a statistically significant influence on R&D investment. No statistical significance was found in the shareholding ratio of institutional investors. Conclusions : The findings of this study, which indicate that a higher shareholding ratio of foreigner investors leads to greater R&D investment, indicate that foreign investors directly or indirectly impose pressure on a manager to make R&D investments for the long-term.

Effects of CEO's Demographic Characteristics on Decoupling (최고 경영자의 인구통계학적 특성이 조직 디커플링 행위에 미치는 영향)

  • Kim, Yong;Choi, Youngjun
    • Knowledge Management Research
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    • v.21 no.1
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    • pp.79-98
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    • 2020
  • The majority of research on institutional theory suggests that the new institutional practices presented by national governments and expert groups is a legitimate demand by society, and that the organization is a passive actor that accepts it. However, individual organizations often perform so-called decoupling acts that run their organizations in their own way instead of following the way the system requires, despite the pressures of a strong institutional environment. In this study, the decoupling behavior of these organizations can be varied by the characteristics of the highest decision maker in the organization based on the upper-echelon theory(UET) even if there is no difference in pressure experienced by individual organizations, and their relationship is empirically analyzed among secondary educational institutions that are relatively strongly regulated by the government. According to the analysis of 192 high schools in Korea, the female principal, the younger the principal, and the higher the educational background, the more likely they are to engage in decoupling behavior that are different from the intent and content of government policies. Therefore, from the results of this study, meaningful theoretical and practical implications can be provided for researchers and managers in the field of knowledge management research.

Institutional Changes and Organizational Innovation in Korean Healthcare Industries: Analysis of the Changes in Networked Clinics (보건의료 분야의 제도적 환경 변화와 조직 혁신의 상호작용: 브랜드 공유 병의원 사례를 중심으로)

  • Kim, Kwang-Jum
    • Korea Journal of Hospital Management
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    • no.spc
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    • pp.51-60
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    • 2016
  • The forms of healthcare service delivery emerges from the interaction between technological progress and institutional changes. Building a healthcare system which enables effective and efficient patient care is a imperative to a sustainable operation of a society. Identifying of a promising medical technologies and diffusing them consists of the basic tasks of a good healthcare system. Inducing of a promising innovation in healthcare and utilization of the innovation requires a deep understanding of healthcare innovation system and delicate governmental intervention to the effective functioning of the system. Therefore, the support for R&D in healthcare field should be given to social and institutional technologies for the better organization of healthcare delivery and consumption system as well as basic and applied medical sciences.

A New Perspective on IT Capabilities and Firm Performance: Focusing on Dual Roles of Institutional Pressures

  • Huang, Minghao;Ahn, Joong-Ho;Lee, Dongwon
    • Asia pacific journal of information systems
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    • v.24 no.1
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    • pp.1-29
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    • 2014
  • To provide a fundamental understanding on the inherent relationship between IT capabilities and sustainable firm heterogeneity, we investigate the dual roles that institutional pressures play, namely, as antecedents of IT capabilities and as moderator of the relationship between IT capabilities and IT innovation success, where IT innovation success plays a mediating role between IT capabilities and firm performance. The structural model was tested, and the results of the PLS analysis provided general support for the proposed hypotheses. IT capabilities had an indirect effect mediated by IT innovation success on firm performance. With IT activities assumed to be embedded in the institutional context, the dual roles of institutional pressures are verified. This study contributes to the literature on IT capabilities by considering both the determining role of institutional pressures on IT capabilities and the institutional context of the chain that connects IT capabilities to firm performance. The results suggest that a firm not only manages various institutional pressures to foster its IT capabilities but also adapts to different contexts with a certain level of institutional pressures to facilitate its IT capabilities and outperform its competitors, which could be sustained through IT innovation success.

Needs Fulfillment Management of Institutional Households (공공가정의 욕구충족관리에 관한 연구)

  • Kim, Sun-Woo;Kim, Ran-Do
    • Journal of the Korean Home Economics Association
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    • v.43 no.12 s.214
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    • pp.43-59
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    • 2005
  • Needs fulfillment is one of the most critical concepts in defining and managing an Institutional Household (IH). Though most major studies in the field have emphasized the importance of needs fulfillment, few studies have focused on the concrete concept and/or strategy for needs fulfillment. This study delved into elaborated concepts and management strategies for needs fulfillment in IH. First, the paper redefined the concept of customers' needs for IH by contrasting the basic needs as a human being with those provided by the family and the employees' needs within IH. The paper dimensionalized the needs and matched them with specific management aspects of IH. Based on the refined concepts of needs, the second part of the paper dealt with the management strategies for needs fulfillment in IH. Needs fulfillment management strategies were discussed in three aspects: needs assessment, needs fulfillment program performance, and program evaluation. Finally, the authors discussed how needs fulfillment management discussed in this paper could be applied to the curriculum development for educating and licensing IH Managers.

The Effects of Institutional Block Ownership on Market Liquidity (기관투자자의 대량주식보유가 시장유동성에 미치는 영향)

  • Cho, Kyung-Shick;Jung, Heon-Yong
    • Management & Information Systems Review
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    • v.33 no.1
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    • pp.83-97
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    • 2014
  • This study examined the effects institutional block ownership on the stock market liquidity in Korean Stock Market. The two measures of institutional block ownership are used. They are the percentage of a stock owned by institutional blockholder and the number of institutional blockholder that own the stock. This study used the Amihud(2002) illiquidity measure to measure stock market liquidity. The results are as fellows. First, this study showed that the number of institutional blockholder is significantly negatively correlated with the Amihud(2002) illiquidity measure in the analysis which is used the whole data. But we found no a consistent results between the number of institutional blockholder and the Amihud(2002) illiquidity measure in the grouped institutional blockholder's number analysis. This indicates that the effects institutional blockholder on market liquidity is not simple. Second, this study showed that the percentage of a stock owned by institutional blockholder are negatively related with Amihud(2002) illiquidity measure, especially revealed statistically significant in the group 3(11.71%~17.38%) and group 4(7.45%~11.65%). This results suggest that the institutional blockholder have positive effect on the market liquidity in the group 3 and 4. Third, the significance of the percentage of institutional block ownership and the number of institutional block ownership in explaining illiquidity are more showed in the term of the global financial crisis(2008) than the before and the after of the global financial crisis.

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