• 한국경영과학회지
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• 제36권1호
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• pp.57-68
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• 2011

This paper examines how multiple performance feedbacks influence firm's technological search, using two types of indicators : accounting-based performance and market-based performance. Also we investigate how CEO's attention shift depends on firm specific factors such as firm size and outsider ownership. For empirical analysis, we utilized financial data on 675 manufacturing firms in Korea during the period between 1998 and 2009. The results show that technological search based on accounting-based performance feedback is moderated by focal firm's size. However, as outsider ownership increases, technological search increases in response to market-based performance feedback.

• Journal of the Korean Data Analysis Society
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• 제20권6호
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• pp.3101-3116
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• 2018

본 연구에서는 기업 경쟁력의 제고를 통하여 최적화된 경영환경을 조성하고, 기업의 효율성을 높이는데 필요한 혁신 수단인 공급사슬관리를 위한 동적역량의 활용 방향성과 전략을 찾을 수 있는 방안들에 대해 알아보고자 한다. 시장과 기술은 전략적 방향과 문화로 기업이 보유한 정형화된 동적역량에 맞추고, 프로세스에는 공급사슬관리를 위한 동적역량과 관련된 기술을 반영하여 활용할 때에 보다 높은 기업성과를 창출할 수 있을 것이다. 본 연구에서는 시장지향성과 기술지향성이 기업성과에 미치는 영향과 동적역량이 기업성과에 어떠한 영향을 미치는지를 실증적으로 분석하는데 그 목적이 있다. 연구 결과는 시장지향성과 기술지향성은 동적역량에 긍정적 영향을 미치고, 동적역량은 기업성과에 긍정적 영향을 미치는 것으로 나타났다. 즉 동적역량은 시장지향성, 기술지향성과 기업성과 간의 관계를 매개하는 것으로 검증되었으며, 동적역량의 매개효과로 기업의 시장지향성과 기술지향성이 기업성과에 중요한 영향을 미치는 것으로 실증 분석되었다.

• 유통과학연구
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• 제16권9호
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• pp.53-58
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• 2018

Purpose - This study aims to examine how the time variations of customer satisfaction influence retail firms' performance. Research design, data, and methodology - The study employs yearly time series customer satisfaction data of Korean retail secured from the National Customer Satisfaction Index(NCSI) for the 2011~2016 period. Our data includes a total of 90 observations of 15 retail firms in 5 different sector(department store, filling station, large discount store, open market, TV home shopping). We obtained the firm performance data from the KIS Value database. The variables for financial performance include sales and net profit. Results - The results show that customer satisfaction has dynamic effects on retail firms' performance. More specifically, the time variation of customer satisfaction has the moderating effect on the linkage between customer satisfaction and financial performance as well as direct effects on the firms' financial performance. Conclusions - Customer satisfaction has the current effect lasting over time on firm performance and changes of customer satisfaction in positive direction also impact on firm performance. Retail firms need to not only focus on improving customer satisfaction in the current term, but make efforts to continuously enhance customer satisfaction in the long term.

• 한국산학경영학회:학술대회논문집
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• 한국산학경영학회 2006년도 춘계학술발표대회 발표논문집
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• pp.103-123
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• 2006

환경문제 해결과 지속적 발전을 위하여 자원순환형 사회시스템이 구축이 논의되고 있으며 물류분야에서도 그 중요성이 부각되고 있다. 본 연구의 목적은 순환형 사회시스템 구축요인인 감량화, 재사용, 재활용과 기업의 물류운영 특성인 통합성, 혁신성, 대응성과의 관계 및 물류성과와의 관계, 이들 요소가 기업규모별로 물류성과에 미치는 효과와 그 영향요인을 분석하여 방향을 제시하고자 하는데 있다. 이 목적을 달성하기 위하여 제조기업을 대상으로 문헌연구와 실증연구를 병행하였다. 본 연구는 기존의 물류 연구들과 달리 자원순환형 사회시스템 구축요인과 물류운영특성이 물류성과에 미치는 영향을 분석하였다는데 의의가 있다고 하겠다.

• The Journal of Asian Finance, Economics and Business
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• 제7권8호
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• pp.259-268
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• 2020

The study investigates the association between CEO education and firm performance with a sample of 85 nonfinancial firms listed on the Saudi stock exchange during 2018 applying ordinary least squares method. CEO education is defined by three variables, the level of education, if the degree-granting institution is domestic or foreign, and if the highest degree is in management or other fields of study. Financial performance is measured by return on assets and return on equity. Firm size, age, liquidity and growth are introduced as control variables. The study shows that 58 CEOs of the firms studied are graduates, 38 have obtained their degree from a domestic institution and 44 have a management degree. Graduate CEOs are found to enhance performance. Graduating from a domestic institution influences performance positively. Management degree of CEO does not seem to impact performance. Firm size, liquidity and growth are positively associated with performance. Firm age does not explain performance differences of firms. Results are robust to performance measures. The findings of the study suggest that firms can benefit from a CEO hiring policy that emphasizes on the minimum qualification set as graduation or higher, education from a domestic institution and no undue weight on management qualification.

• 한국산업정보학회논문지
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• 제15권3호
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• pp.77-92
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• 2010

본 연구의 목적은 정보기술 루틴이 기업 성과에 미치는 메커니즘을 검토하는 것이다. 이를 위해 본 연구는 기업성과, 비즈니스 프로세스 성과, 정보기술 인프라스트럭쳐 유연성, 정보기술 인력의 지식, 정보기술 루틴 등으로 구성되는 연구 모델을 제안한다. 연구 모델에서 정보기술 루틴은 다른 정보기술 능력들 (정보기술 인프라스트럭쳐 유연성, 정보기술 인력의 지식)에 일차적으로 영향을 미치고, 이어서 비즈니스 프로세스 성과에 영향을 통해 궁극적으로 기업성과에 간접적으로 영향을 미친다. 연구 모델은 243개의 기업 수준 데이터에 기반하여 검토되었는데, 분석도구로는 PLS를 사용하였다. 연구 결과, 연구 모델에서 제안된 모든 경로가 통계적으로 의미 있는 것으로 나타났다.

• 한국콘텐츠학회논문지
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• 제16권4호
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• pp.426-433
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• 2016

본 논문은 한국의 중소기업을 대상으로 기업가정신 및 기업의 사회적 책임(Corporate Social Responsibility: CSR)과 기업의 경영성과와의 관계를 규명할 목적으로 진행되었다. 일반적으로 사용하는 최소자승법(Ordinary least Square) 및 분위회귀 분석(Conditional Quantile Regression)을 사용하여 전국에 있는 중소기업을 대상으로 표본 300개를 분석하였다. 첫째, 기업가정신 변수는 전반적으로 경영성과에 정(+)의 영향을 미치고 있으며, 분위마다 그 영향이 달랐다. 둘째, 중소기업의 CSR변수 또한 경영성과에 전반적으로 정(+)의 영향을 주는 것으로 분석되었다. 이러한 분석결과 시사점은 다음과 같다. 첫째, 리더쉽에 범주에 있는 기업가정신의 혁신성, 위험감수성, 진취성이 중소기업에서도 실무적으로 매우 필요한 부분으로 인지되었다. 둘째, 이전 선행연구에서 CSR은 대부분 대기업중심으로 기업의 이미지 및 대외적인 부분으로 인지되었으며, 실질적인 경영성과에서 효과는 미미할 것이라고 보았으나 중소기업의 성장에 필요한 성장 동력으로 향후 더욱 더 확장적인 연구가 필요할 것으로 보인다.

• 지식경영연구
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• 제11권1호
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• pp.83-96
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• 2010

In this study, the effect of firm's patent competency on the their management performance was analysed. The number of patents granted to Korean firms, patent grade score as of the firm's patent competence were considered in the perspectives of patent volume and patent value respectively. Specially the analysis were implemented focusing on the high performance venture ranked 200th in Korea. The patent source data were from the Korean Intellectual Property Office, Korean Credit Evaluation Information Company, and the Patent Evaluation System of KIPO and KIPA. And the year sales and net profit volume as of the firm's management performance data from the KIS. Management performance data are consisted of the mean sales, net profit and ROI during the 4 years from FY2005 to FY2008. Major results are as follows. The regression model were proved significantly that the year sales volume and net profit are effected by the number of patents and patent grade score. But the model including the ROI were shown not significantly. So it can be concluded that patent volume and patent value are the important factors on firm's financial performance as of the year sales volume and net profit. Also the regression model including the control variables, firm's number of employee and business year, the number of patents and patent grade score are the significant factors on firms performance. And regression coefficients of patent value model were higher than these of patent volume model. So it can be recognized that patent value of firms' patent competency are more important factor than the patent volume.

• The Journal of Asian Finance, Economics and Business
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• 제8권1호
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• pp.687-696
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• 2021

This paper investigates the effect of environmental performance and environmental management on firm value using financial performance as mediation variable. There are still inconsistencies in research on environmental performance and environmental management and their impact on company value. This research used a quantitative approach involving secondary data. The variables used are environmental performance, environmental management, company financial performance, and company value. Multiple regression was used because it allowed the researchers to examine the relationship of each variable contained in the research framework by describing all of the direct effects (non-mediated effects) and the indirect effects of the research variables. The research sample consisted of 144 manufacturing companies listed on the Indonesia Stock Exchange from 2012 to 2017. Statistically, this study found that there was no direct effect that had a significant impact on environmental performance and firm value, and found that there is a significant direct effect of environmental management variables on firm value. Improved environmental management by the company is proven to increase the value of the company directly. This paper found that, not only does an increase in stakeholder trust happen when a company increases its environmental awareness, but there is also an increase in the financial aspects of the company.

• 아태비즈니스연구
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• 제11권3호
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• pp.47-61
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• 2020

Purpose - This study investigates the relationship between firm-specific, general human capital and corporate innovation performance. Also, we examine when this relationship is more salient. Design/methodology/approach - We collected 1,195 survey data related to a sample of corporate innovation performance and human capital from 1) Korea Research for Vocational Education and Training and 2) NICE information service in Korea. In order to examine the corporate innovation performance, we use the ordered logit model. Findings - First, we find robust supports for our hypothesis that firm-specific and general human capital increase corporate innovation performance. Second, the effect of general human capital on corporate innovation performance is stronger when this relationship is combined with the firm international experience. Research implications or Originality - By integrating the human capital theory and corporate innovation literature, we propose that firm-specific and general human capital are the important determinant of innovation performance. The firm-specific human capital may increase innovation efficiencies. Also, retaining higher-quality general human capital is considered as an important innovation strategy since firms with higher-quality general human capital make greater innovation performance. Further, we show that the firm international experience is the crucial boundary condition. As a firm's experience in internationalization increases, firms can enhance the opportunities to develop new products by combining the skills and knowledge derived from general human capital with the experience gained through internationalization.