Korea Association for International Commerce and Information最新文献_第2页

A Study on Information Value of Analyst Report Text Based on the Analysts’ Herding Behavior Under Globalized Financial Markets 基于金融市场全球化背景下分析师羊群行为的分析师报告文本信息价值研究

Korea Association for International Commerce and Information Pub Date : 2023-06-30 DOI: 10.15798/kaici.2023.25.2.3

Su-Ji Cho

{"title":"A Study on Information Value of Analyst Report Text Based on the Analysts’ Herding Behavior Under Globalized Financial Markets","authors":"Su-Ji Cho","doi":"10.15798/kaici.2023.25.2.3","DOIUrl":"https://doi.org/10.15798/kaici.2023.25.2.3","url":null,"abstract":"Recently, the investment information is spreading in near real-time due to the global integration of the international financial market. At this point, it is essential to resolve the information asymmetry in the capital market to vitalize domestic and foreign investment. Analysts improve market efficiency, by performing information intermediary role between the capital market and investors. However, the herding behavior among analysts in the market can weaken the information quality and lead to inefficiency in the financial market. In this study, the relationship between analyst herding behavior and the text of the report is analyzed. In addition, the effect of the text of the report body on the information power according to the analyst's herding behavior was verified. To this end, the positive and negative emotions shown in the body of the analyst report were extracted as words of up to 2-gram units and merged with the list of positive and negative words of Loughran and McDonald(2011), a sentiment dictionary widely used in the financial field. As a result of the analysis, when an analyst presents a 'bold' opinion that deviates from the consensus, the sentiment of the report body is more extreme than that of an ‘herd’ opinion. In addition, it was confirmed that positive emotion weakens the report information power according to the analyst's herding behavior. This study is expected to alleviate information asymmetry between investors and the financial market. Furthermore, the text mining methodology used in this study can be readily applied to any other kind of text, including News, Social Network Services, or IR reports.","PeriodicalId":194082,"journal":{"name":"Korea Association for International Commerce and Information","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132189777","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

An Empirical Study on the Determinants of Environmental Cooperation and Firm Performance of Chinese Manufacturing Exporters 中国制造业出口商环境合作与企业绩效影响因素的实证研究

Korea Association for International Commerce and Information Pub Date : 2023-06-30 DOI: 10.15798/kaici.2023.25.2.263

Qingyun Chen, Hyuk-soo Cho, Q. Shi

{"title":"An Empirical Study on the Determinants of Environmental Cooperation and Firm Performance of Chinese Manufacturing Exporters","authors":"Qingyun Chen, Hyuk-soo Cho, Q. Shi","doi":"10.15798/kaici.2023.25.2.263","DOIUrl":"https://doi.org/10.15798/kaici.2023.25.2.263","url":null,"abstract":"The growing environmental concerns have put pressure on companies to adopt eco-friendly strategies and activities throughout their global supply chains. As a result, establishing environmental cooperation among companies has become essential for enhancing competitiveness and performance. The objective of this study is to examine the relationship between the factors driving environmental cooperation and firm performance among Chinese manufacturing exporters. Furthermore, we investigate how relationship characteristics such as reliability and commitment moderate the link between environmental cooperation and firm performance. The empirical findings reveal that absorptive capacity and environmental orientation have a positive impact on environmental cooperation, while trust and regulatory factors significantly influence it. Additionally, a higher level of environmental cooperation has a positive effect on both environmental performance and export performance. These results suggest that promoting higher levels of environmental cooperation among companies in the supply chain can be an effective strategy for improving corporate performance. Moreover, the level of commitment positively moderates the impact of environmental cooperation on firm performance.","PeriodicalId":194082,"journal":{"name":"Korea Association for International Commerce and Information","volume":"144 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132974977","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Analyzing Factors Affecting Digital Trade between Korea and China: An Empirical Study 影响中韩数字贸易的因素分析:实证研究

Korea Association for International Commerce and Information Pub Date : 2023-03-31 DOI: 10.15798/kaici.2023.25.1.175

Hao Wang, C. Choi

{"title":"Analyzing Factors Affecting Digital Trade between Korea and China: An Empirical Study","authors":"Hao Wang, C. Choi","doi":"10.15798/kaici.2023.25.1.175","DOIUrl":"https://doi.org/10.15798/kaici.2023.25.1.175","url":null,"abstract":"Digital trade is a new type of trade, and its scale is increasing significantly, but it is a research field that requires internationally unified rule making. Therefore, in this paper, the factors affecting digital trade between Korea and China. Digital trade is an increasingly important area of commerce, and international cooperation is needed to establish unified regulations. To better understand the factors influencing digital trade between Korea and China, this study analyzed several independent variables, including export tariffs, intellectual property usage fees, exchange rates, R&D cost ratio, service trade export ratio, and ICT service export ratio, and their impact on digital trade exports. \u0000The empirical analysis revealed that export factors related to export duties, intellectual property usage fees, and services were significant for digital trade exports in Korea. Specifically, export tariffs had a negative impact on digital exports, while intellectual property royalties and service trade exports had a positive impact on digital exports. \u0000In the case of China, the exchange rate, R&D cost ratio, and intellectual property usage fee were found to have a significant effect on digital trade exports. The implication of these findings is that China may need to ease regulations and reduce strict controls on digital trade, while also developing a robust intellectual property protection system to support this growing sector. \u0000Overall, this study highlights the need for international cooperation and collaboration to establish rules and regulations that support the growth and development of digital trade in a global economy.","PeriodicalId":194082,"journal":{"name":"Korea Association for International Commerce and Information","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126975706","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

An Empirical Study on the Effects of Ethnocentrism and Hostility on Korean Exports: Focusing on Moderating Variables in Korean Foreign Policy 民族中心主义和敌意对韩国出口影响的实证研究:以韩国外交政策的调节变量为中心

Korea Association for International Commerce and Information Pub Date : 2023-03-31 DOI: 10.15798/kaici.2023.25.1.87

Je hong Lee

{"title":"An Empirical Study on the Effects of Ethnocentrism and Hostility on Korean Exports: Focusing on Moderating Variables in Korean Foreign Policy","authors":"Je hong Lee","doi":"10.15798/kaici.2023.25.1.87","DOIUrl":"https://doi.org/10.15798/kaici.2023.25.1.87","url":null,"abstract":"As the foreign policy disputes between Korea and China continued, China's economic retaliation against South Korea could be said to have been carried out step by step. Therefore, the hostility of the Chinese government and consumers to Korea is increasing, and the tendency of ethnocentrism is strengthened, which can be explained as the reason for Korea's export deficit to China. Therefore, this study aims to examine how ethnocentrism and hostility, which is the cause of Chinese consumers' negative perception and attitude toward Korean products, affects Korean exports through the intervention of Korean foreign policy. In addition, the purpose of this study is to present two possible research models on whether Korea's exports will increase by using Korea's foreign policy as a moderating variable and to empirically analyze them. \u0000The results of this study are as follows: First, Chinese consumers' ethnocentrism influences the purchase of products exported to Korea, resulting in a decrease in exports. Additionally, Chinese consumers' ethnocentrism is influenced by Korea's foreign policy. can do. When analyzing Korea's foreign policy as a moderating variable, it is shown that exports to Korea tend to decrease as there is no intention to purchase Korean export products according to the ethnocentrism of Chinese consumers. Second, the effect of Chinese consumers' hostility toward Korea on the export effect shows a positive (+) effect, meaning that even if Chinese consumers have hostility toward Korea, they are not affected by Korean product exports. However, it can be said that the hostility of Chinese consumers is influenced by Korea's foreign policy, and when analyzed using Korea's foreign policy as a moderating variable, there is no intention to purchase Korean export products according to Chinese consumers' hostility, so Korean exports It can be seen that there is a decreasing phenomenon.","PeriodicalId":194082,"journal":{"name":"Korea Association for International Commerce and Information","volume":"55 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115061960","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

An Exploratory Study on the Restrictiveness of Antidumping Measures in Regional Trade Agreements 区域贸易协定中反倾销措施的限制性探析

Korea Association for International Commerce and Information Pub Date : 2023-03-31 DOI: 10.15798/kaici.2023.25.1.153

Joon-heon Song

{"title":"An Exploratory Study on the Restrictiveness of Antidumping Measures in Regional Trade Agreements","authors":"Joon-heon Song","doi":"10.15798/kaici.2023.25.1.153","DOIUrl":"https://doi.org/10.15798/kaici.2023.25.1.153","url":null,"abstract":"Although traditional trade barriers such as tariffs and quotas have been significantly eliminated with the establishment of the World Trade Organization (WTO) and the expansion of regional trade agreements (RTAs), the effects of trade liberalization have been greatly impeded by the abuse of anti-dumping measures. Therefore, many countries have introduced various WTO-plus provisions to strengthen the procedural and substantive requirements for the imposition of anti-dumping duties in their RTAs. This study examined anti-dumping provisions included in 320 RTAs in effect and quantified the degree to which anti-dumping measures are restricted in RTAs using a newly developed Anti-dumping Restrictiveness Index. In addition, an exploratory analysis was conducted to identify the factors that influence the restriction of anti-dumping measures in RTAs using the index as the dependent variable. Since the 2000s, there has been a growing movement to restrict anti-dumping measures in RTAs, and it has been noted that various WTO-plus rules have been introduced to enhance the transparency of the investigation process. The results of the regression analysis showed that the degree of integration, the size of regional trade, the members' level in economic development, the frequency of anti-dumping measures, and the regional characteristics have an influence on the restriction of anti-dumping measures in RTAs.","PeriodicalId":194082,"journal":{"name":"Korea Association for International Commerce and Information","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131041395","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A Study on the Efficiency Analysis of Logistics IT Companies 物流IT企业效率分析研究

Korea Association for International Commerce and Information Pub Date : 2023-03-31 DOI: 10.15798/kaici.2023.25.1.261

H. Park, Jin-Sup Kim

引用次数: 0

Exploratory Study on the Utilization of ChatGPT in International Trade ChatGPT在国际贸易中的应用探索性研究

Korea Association for International Commerce and Information Pub Date : 2023-03-31 DOI: 10.15798/kaici.2023.25.1.43

Hohyung Lee

{"title":"Exploratory Study on the Utilization of ChatGPT in International Trade","authors":"Hohyung Lee","doi":"10.15798/kaici.2023.25.1.43","DOIUrl":"https://doi.org/10.15798/kaici.2023.25.1.43","url":null,"abstract":"The application of artificial intelligence (AI) in trade can automate routine tasks and enhance efficiency, prediction, decision-making, safety, and cybersecurity. ChatGPT, which enables multilingual translation, customer service, and interaction with traders, is expected to be a game-changer that provides theoretical and practical insights for implementing AI in trade. Based on a review of previous research and interviews with trade experts, this study aims to provide a comprehensive understanding of the potential use of ChatGPT and offer theoretical and practical implications for implementing AI in trade. Although the utilization of AI can increase efficiency and competitiveness in logistics, finance, and trade transactions, policies that consider regulation, information equity, job displacement, and social responsibility, among other factors, are needed. The study also indicates that the limitations of ChatGPT's learning data and recognition abilities should be taken into account, and ethical considerations and verification procedures must be in place to ensure the accuracy and reliability of information. Finally, human judgment and decision-making must always play a crucial role in decision-making processes.","PeriodicalId":194082,"journal":{"name":"Korea Association for International Commerce and Information","volume":"92 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126823557","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Effect of Global Resource-Based Perspective Capabilities on the Financial Performance of Social Enterprise 全球资源基础视角能力对社会企业财务绩效的影响

Korea Association for International Commerce and Information Pub Date : 2023-03-31 DOI: 10.15798/kaici.2023.25.1.217

Boo-Gon Kim, Hye-Mi Kwon, Tae-Hwa Park

{"title":"The Effect of Global Resource-Based Perspective Capabilities on the Financial Performance of Social Enterprise","authors":"Boo-Gon Kim, Hye-Mi Kwon, Tae-Hwa Park","doi":"10.15798/kaici.2023.25.1.217","DOIUrl":"https://doi.org/10.15798/kaici.2023.25.1.217","url":null,"abstract":"The role of social enterprises can be cited as an alternative to solving the difficulties of small business owners caused by COVID-19. The results were derived by empirically analyzing the impact of new product development capabilities, product quality levels, price competitiveness, customer retention capabilities, purchase intentions, the number of employees and the number of vulnerable employees on financial performance. \u0000This study shows that financial performance can be improved when the corporate capabilities of social enterprises are mutually harmonized. Since the Social Enterprise Promotion Act was enacted in 2007, it is significant that it will contribute to enhancing the sustainability of social enterprises and establishing the original identity of social enterprises by analyzing and presenting factors that affect financial performance. \u0000As an implication, if research related to the performance of social enterprises develops social enterprises and creates a market that realizes the friendly image and social values of social enterprises themselves, social enterprises will become a subject in Korean corporate society.","PeriodicalId":194082,"journal":{"name":"Korea Association for International Commerce and Information","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131458579","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A Study on the Use of Digital Trade Marketing 数字贸易营销运用研究

Korea Association for International Commerce and Information Pub Date : 2023-03-31 DOI: 10.15798/kaici.2023.25.1.23

Kwanghyun Yu, Kwang-Ho Dho

引用次数: 0

The Effect of E-Commerce Use Level, Social Capital, Usage Attitude on Digital Utilization Performance 电子商务使用水平、社会资本、使用态度对数字利用绩效的影响

Korea Association for International Commerce and Information Pub Date : 2023-03-31 DOI: 10.15798/kaici.2023.25.1.3

Hyuksang Kwon

{"title":"The Effect of E-Commerce Use Level, Social Capital, Usage Attitude on Digital Utilization Performance","authors":"Hyuksang Kwon","doi":"10.15798/kaici.2023.25.1.3","DOIUrl":"https://doi.org/10.15798/kaici.2023.25.1.3","url":null,"abstract":"It is true that the digital world is affecting our society with various positive and negative factors, and the resulting digital inequality can lead to various social problems. In this regard, this study obtained survey data from 7,000 general citizens and conducted research using SPSS in order to identify the impact of digital capabilities on digital utilization performance and to devise measures to strengthen the digital capabilities of the people. As a result of the analysis, first, it was analyzed that e-commerce use level and digital use attitude had a significant effect on digital economic activity, while digital social capital had no significant effect on digital economic activity. Second, it was analyzed that e-commerce use level, digital social capital, and digital use attitude had a significant effect on life satisfaction. Third, it was analyzed that e-commerce use level, digital social capital, and digital use attitude had a significant effect on digital use performance. This study is differentiated in that it increased the reliability of the study by setting gender, age, and household income as control variables. Therefore, additional research should be conducted considering various demographic variables (household, education level, etc.) based on the data obtained during the period when face-to-face is active","PeriodicalId":194082,"journal":{"name":"Korea Association for International Commerce and Information","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123496819","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0