• 통상정보연구
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• 제8권1호
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• pp.243-257
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• 2006

This study is to introduce the Chinese Contract Law against non-performance of the contract and to solve the wide range of problems involving to executing the trading contract. The parties' liability for the period of performance, the place of performance, the failure to deliver conforming goods together with it's nature of the lack of conformity, and the methods of compensation against damages and the force majeure clauses application. Those issues affect directly to commercial transactions in international business. The focus is more on the interrelationship of private individuals in its trade and on aiming to remove the legal obstacles from the Chinese Contract Law to freely flow of international trade. Reference may include foreign corrupt practices, Conventions on Contracts for the International Sale of Goods and Laws of England, France, and Japan. This study has brought the efforts of these issues in the full spectrum of performance and with concentrations on effectiveness to avoid the different viewpoints of the general principles of CISG and commercial practice founded pre-eminently. This study, in presenting the legal framework, will contribute to a better understanding of the purpose of rules of Chinese Contract -Law as they interact to the benefit of the parties involved in international trade transactions. The writer believes that a problem-oriented approach and the concentration as outlined above would offer a different perspective for law faculty teaching in this area and hope that this study can be sufficiently diverse to satisfy many of those views.

• 무역학회지
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• 제45권1호
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• pp.259-277
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• 2020

The purpose of this study is to analyze the relationship between logistics safety climate, logistics safety behavior, and logistics safety performance and the mediating effects of safety knowledge and safety motivation, and to suggest its strategic implications for the improvement of the logistics safety performance. Based on previous researches related to logistics safety, safety climate, safety knowledge, safety motivation, safety behavior and safety performance, research models and hypotheses were set up and questionnaires were conducted. For the hypothesis test, reliability analysis and validity analysis, confirmatory factor analysis, structural equation model analysis, and bootstrapping were applied. As a result of the empirical analysis, the logistics safety climate had a significant positive effect on logistics safety knowledge, logistics safety motivation, and logistics safety behavior, whereas logistics safety knowledge and logistics safety motivation had a meaningful positive effect on logistics safety behavior. Further, logistics safety behavior was found to have a significant positive effect on logistics safety performance. Safety behavior had a significant mediating effect, but safety knowledge and safety motivation did not. However, logistics safety climate, logistics safety knowledge, and logistics safety motivation did not have a significant effect on logistics safety performance.

• 무역학회지
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• 제46권2호
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• pp.161-175
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• 2021

The purpose of this study is to empirically analyze the effect of cultural distance between partner firms on international joint venture performance, focusing on the moderating effects of the conflict resolution techniques and the competitive relationship between partner firms. We tested hypotheses based on joint venture firms that were surveyed which formed by equity investment between Korean and foreign firms in the manufacturing industry. The empirical analysis results of this study are as follows. First, in international joint ventures, the cultural distance between partner firms was found to have a negative effect on the international joint venture performance, and the higher the cultural distance, the lower the joint venture performance. Second, it was found that constructive conflict resolution techniques weaken the negative impact of the cultural distance between partner firms in international joint ventures on the performance of international joint ventures. Third, competitive relationship between international joint venture partners showed no moderating effect on the relationship between cultural distance and international joint venture performance.

• 무역학회지
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• 제46권2호
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• pp.245-262
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• 2021

Despite the numerous advantages that CSR engagement can potentially offer, top managers may not always be willing to invest in CSR as they are expected to meet expectations of external constituents in the short run. Given that financial analysts' expectations are important short-term performance targets that top managers are motivated to meet, this study examines how performance relative to earnings forecasts issued by analysts affect top managers' decisions about CSR engagement. Using a sample of publicly listed U.S. firms from 2000 to 2016, we find that top managers are more likely to reduce discretionary expenditure on CSR activities as performance falls below analyst forecasts to improve financial performance in the following fiscal year. As performance exceeds analyst forecasts, top managers are motivated to reduce CSR investments in order to meet higher expectations of analysts. As financial analysts closely monitor the firms that they follow in order to publish investment advice to market participants, we find that analyst coverage weakens top managers' incentive to reduce CSR engagement. Overall, this research sheds meaningful insight into the contextual background in which the top managers are situated in when they make decisions on CSR engagement.

• Journal of Electrical Engineering and Technology
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• 제11권4호
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• pp.829-838
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• 2016

This paper focuses on the engineering trade-offs in designing capacitor voltage balancing schemes for modular multilevel converters (MMC) HVDC: regulation performance and switching loss. MMC is driven by the on/off switch operation of numerous submodules and the key design concern is balancing submodule capacitor voltages minimizing switching transition among submodules because it represents the voltage regulation performance and system loss. This paper first introduces the state-of-the-art MMC-HVDC submodule capacitor voltage balancing methods reported in the literatures and discusses the trade-offs in designing these methods for HVDC application. This paper further proposes a submodule capacitor balancing scheme exploiting a control signal to flexibly interchange between the on-state and the off-state submodules. The proposed scheme enables desired performance-based voltage regulation and avoids unnecessary switching transitions among submodules, consequently reducing the switching loss. The flexibility and controllability particularly fit in high-level MMC HVDC applications where the aforementioned design trade-offs become more crucial. Simulation studies for MMC HVDC are performed to demonstrate the validity and effectiveness of the proposed capacitor voltage balancing algorithm.

• 무역학회지
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• 제44권4호
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• pp.169-188
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• 2019

This study aims to analyze the effects of the smart technologies acceptance on global supply chain innovation and export performance in Korean small and medium trading companies. As the world prepares for the advent of the 4th industrial revolution the level of smart technology acceptance by Korean small and medium trading companies has not yet reached the level that is compatible with the change of international paradigm. In this respect, this study aims to promote the acceptance of smart technologies and suggest a need of more practical policy for securing international market competitiveness through innovation of global supply chain structure of Korean trading companies. According to the empirical research results, the smart technology acceptance had a significant effect on both the internal supply chain innovation and the export performance. Also, the external supply chain innovation significantly affected export performance. These results suggested that Korean trading companies need to be more active and positive in accepting smart technology so that they can gain more competitive advantage in the 4th industrial revolution era.

• 무역학회지
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• 제47권4호
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• pp.137-159
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• 2022

This study aims to analyze international trade papers published in Korea during the past 2002-2022 years. Through this study, it is possible to understand the main subject and direction of research in Korea's international trade field. As the research mythologies, this study uses the big data analysis such as the text mining and Social Network Analysis such as frequency analysis, several centrality analysis, and topic analysis. After analyzing the empirical results, the frequency of key word is very high in trade, export, tariff, market, industry, and the performance of firm. However, there has been a tendency to include logistics, e-business, value and chain, and innovation over the time. The degree and closeness centrality analyses also show that the higher frequency key words also have been higher in the degree and closeness centrality. In contrast, the order of eigenvector centrality seems to be different from those of the degree and closeness centrality. The ego network shows the density of business, sale, exchange, and integration appears to be high in order unlike the frequency analysis. The topic analysis shows that the export, trade, tariff, logstics, innovation, industry, value, and chain seem to have high the probabilities of included in several topics.

• 유통과학연구
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• 제22권8호
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• pp.37-53
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• 2024

Purpose: Global warming is increasingly aggravated by environmental degradation, a challenge that can be mitigated through strategic logistic policies. This study introduces the dynamics of green trade in environmental goods for the Organisation of Islamic Cooperation (OIC) nations. It is a region known for its high environmental degradation, political risk and instability. This study examines how technological innovation and political factors influence the geographic distribution of green trade among OIC nations from 1994 to 2021 using the structural gravity model. The COVID-19 pandemic further emphasised the need for resilient and eco-friendly approaches. Research design, data and methodology: The main objective of the study is to analyse the impact of technological innovation along with scrutinising political determinants of green trade in the OIC region from 1994 to 2021 using the structural gravity model. Results: The results reveal geographic proximity, RTA, and innovation significantly boost green trade. Similarly, OIC's green trade performance has been impeded by high political risk and instability. Conclusions: The research recommends fostering political stability, and conducting further research using longitudinal studies and machine learning to strengthen the understanding of innovation and green trade in the OIC. This will inform policies for sustainable economic growth through green trade.

• 무역상무연구
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• 제20권
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• pp.343-365
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• 2003

Dispute plays a key role in maintaining the desirable performance of trade transaction. In an effort to stay competitive in a global marketplace, the Korean companies need to become more aware of alternatives to costly and time-consuming litigation. Korean companies, therefore, should be more concerned with ADR(Alternative Dispute Resolution) system and should utilize ADR to settle their disputes effectively and efficiently. ADR encompasses all process of dispute resolution as a substitute for the traditional litigation. Generally, three kinds of ADR are available in Korea: Negotiation, mediation, and arbitration. This article investigates reasons why ADR isn't used well in Korea and suggests ways how ADR can work best in international trade disputes. To expand ADR system in international trade disputes, it is very important for both the company and the scholar to recognize the concept and usefulness of ADR system. The Korean Commercial Arbitration Board also must help both Korean companies and scholars recognize the mechanism of dispute resolution and utilize ADR system in international trade disputes.

• 항공우주시스템공학회지
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• 제10권3호
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• pp.23-31
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• 2016

The intermediate mixing chamber is one of various methods for improving the regression rate and combustion efficiency of the hybrid rocket. The mixing chamber with its non-combustible material makes the propulsion performance increase, but it leads to a low fuel-loading density in the combustion chamber; therefore, this performance-related trade-off between the mixing chamber and the low fuel-loading density was studied. In this study, the trade-off was conducted by comparing the intermediate-mixing-chamber case with a w/o-mixing-chamber case. The small hybrid-sounding rocket is designed with internal ballistics for comparing the rocket length to the weight. In addition, an external ballistic analysis was conducted for comparing the performances of the w/- and w/o-mixing-chamber cases. As a result, the intermediate-mixing-chamber case shows that the length and the weight were decreased to 12 % and 8 %, respectively; furthermore, when compared with the normal cases, the estimated altitude result of the w/-mixing-chamber case was increased to approximately 75 m.