The Institute of Management and Economy Research最新文献_第3页

A Study on Segmentation of Preferred Characteristics of Rural Tourists after COVID-19 Using Decision Tree Analysis 基于决策树分析的新冠肺炎疫情后乡村游客偏好特征分割研究

The Institute of Management and Economy Research Pub Date : 2023-03-30 DOI: 10.32599/apjb.14.1.202303.411

Seung-hun Lee

{"title":"A Study on Segmentation of Preferred Characteristics of Rural Tourists after COVID-19 Using Decision Tree Analysis","authors":"Seung-hun Lee","doi":"10.32599/apjb.14.1.202303.411","DOIUrl":"https://doi.org/10.32599/apjb.14.1.202303.411","url":null,"abstract":"Purpose - The purpose of this study was to explore and diagnose the characteristics and behavioural patterns of rural tourists after COVID-19 using decision tree analysis to classify and identify key segmentation groups. \u0000Design/methodology/approach - The CHAID algorithm was used as the analysis technique for the decision tree. The explanatory variables used in the analysis of each decision tree model were demographic variables and rural tourism usage behaviour and perception variables, and the target variables were the preferences of rural tourists' activities after COVID-19. From the Rural Tourism 2020 survey data, 614 samples with rural tourism experience were extracted and used in the analysis. \u0000Findings - The variables that significantly explained the preference for each type of rural tourism activity after COVID-19 were rural tourism safety perception, repeated visits to the region, rural tourism priority activity, rural tourism accommodation experience, gender, age group, marital status, occupation, and education level. Among them, rural tourism safety perception was the most important explanatory variable in each analysis model. \u0000Research implications or Originality - Overall, to promote rural tourism, it is necessary to enhance the safety image of rural tourism, strengthen loyalty programs for repeat visitors, and develop customized products that reflect the preferred trends of rural tourism.","PeriodicalId":310482,"journal":{"name":"The Institute of Management and Economy Research","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114212341","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 Case of Determining Control when Holding Voting Rights of Less Than a Majority: A Step-by-step Review to Determine whether the Power is Retained 在少于多数的情况下确定控制权的案例:一步一步的审查，以确定是否保留权力

The Institute of Management and Economy Research Pub Date : 2023-03-30 DOI: 10.32599/apjb.14.1.202303.313

Ji-Young Kim, M. Oh

{"title":"A Case of Determining Control when Holding Voting Rights of Less Than a Majority: A Step-by-step Review to Determine whether the Power is Retained","authors":"Ji-Young Kim, M. Oh","doi":"10.32599/apjb.14.1.202303.313","DOIUrl":"https://doi.org/10.32599/apjb.14.1.202303.313","url":null,"abstract":"Purpose - The purpose of this study is to examine the process of determining control in a situation where investors hold less than a majority of the voting rights of the investee through case. \u0000Design/methodology/approach - In this study, the various and complex considerations presented in K-IFRS 1110 ‘Consolidated Financial Statements’ were systematically classified and stratified. \u0000Findings - First, the agreement to delegate voting rights does not necessarily have to be documented, but it can be said to be substantive rights right only if it is not of the nature that one party can discontinue at any time. Second, if it is clear that investors do not have power due to the relative size of voting rights and the degree of stock dispersion, there is no need to review the past shareholders' meeting resolutions and additional facts and circumstances. \u0000Research implications or Originality - This study expects to minimize errors in applying the standards by classifying and stratifying the various considerations presented in K-IFRS 1110 into first and subsequent considerations. In addition, it is expected to contribute to reducing practical confusion in determining control by presenting a step-by-step review through case on whether or not to have power to judge control when holding voting rights of less than a majority.","PeriodicalId":310482,"journal":{"name":"The Institute of Management and Economy Research","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126593778","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 Analysis of Economic Integration with Free Trade and Differences in Gains from Trade 自由贸易经济一体化与贸易收益差异分析

The Institute of Management and Economy Research Pub Date : 2023-03-30 DOI: 10.32599/apjb.14.1.202303.341

Jongmin Lee

{"title":"An Analysis of Economic Integration with Free Trade and Differences in Gains from Trade","authors":"Jongmin Lee","doi":"10.32599/apjb.14.1.202303.341","DOIUrl":"https://doi.org/10.32599/apjb.14.1.202303.341","url":null,"abstract":"Purpose - How are gains from trade distributed between countries when economic integration is achieved through free trade? The purpose of this paper is to answer this question. \u0000Design/methodology/approach - This study attempts to address the issue of distribution of trade gains between participating countries following economic integration in terms of positive economics. The analysis is therefore based on a theoretical methodology. \u0000Findings - First, commodity prices fall and consumer surplus increases in both large and small countries. Second, when economic integration into free trade is achieved, gains from trade always exist in small countries. However, the size of trade gains depends on the degree of difference from the market size of the partner country, the large country. However, the size of the gains from trade depends on the extent of difference between the market size of the large country. If the market size of a large country is much larger and there is a large difference, trade gains will be very large, whereas if the market size is similar, profits of domestic firm will decrease. Therefore, in that case, the size of the gains from trade becomes relatively small because only the gains from exchange exists. On the other hand, in a large country with a large market size, there is a possibility of trade gains only when the market size is similar to that of a small country, which is a trading partner. However, if there is a large difference in market size, the decrease in profits of domestic firm is relatively larger than the increase in consumer surplus due to trade, and rather, a trade loss occurs. \u0000Research implications or Originality - Our analysis contributes to filling the gaps in the literature regarding the distribution of gains from trade, and from a policy point of view, it is meaningful in examining the impact of market size, an important variable considered in regional economic integration of countries.","PeriodicalId":310482,"journal":{"name":"The Institute of Management and Economy Research","volume":"76 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126297082","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 Development of Stress Testing Model for Korean Banks: Optimal Design of Monte Carlo Simulation and BIS Forecasting 韩国银行压力测试模型开发研究:蒙特卡罗模拟优化设计与BIS预测

The Institute of Management and Economy Research Pub Date : 2023-03-30 DOI: 10.32599/apjb.14.1.202303.149

Chaehwan Won, Jinyul Yang

{"title":"A Study on the Development of Stress Testing Model for Korean Banks: Optimal Design of Monte Carlo Simulation and BIS Forecasting","authors":"Chaehwan Won, Jinyul Yang","doi":"10.32599/apjb.14.1.202303.149","DOIUrl":"https://doi.org/10.32599/apjb.14.1.202303.149","url":null,"abstract":"Purpose - The main purpose of this study is to develop the stress test model for Korean banks by exploring the optimal Monte Carlo simulation and BIS forecasting model. \u0000Design/methodology/approach - This study selects 15 Korean banks as sample financial firms and collects relevant 76 quarterly data for the period between year 2000 and 2018 from KRX(Korea Excange), Bank of Korea, and FnGuide. The Regression analysis, Unit-root test, and Monte Carlo simulation are hired to analyze the data. \u0000Findings - First, most of the sample banks failed to keep 8% BIS ratio for the adverse and severely Adverse Scenarios, implying that Korean banks must make every effort to realize better BIS ratios under adverse market conditions. Second, we suggest the better Monte Carlo simulation model for the Korean banks by finding that the more appropriate volatility should be different depending on variables rather than simple two-sigma which has been used in the previous studies. Third, we find that the stepwise regression model is better fitted than simple regression model in forecasting macro-economic variables for the BIS variables. Fourth, we find that, for the more robust and significant statistical results in designing stress tests, Korean banks are required to construct more valid time-series and cross-sectional data-base. \u0000Research implications or Originality - The above results all together show that the optimal volatility in designing optimal Monte Carlo simulation varies depending on the country, and many Korean banks fail to pass sress test under the adverse and severely adverse scenarios, implying that Korean banks need to make improvement in the BIS ratio.","PeriodicalId":310482,"journal":{"name":"The Institute of Management and Economy Research","volume":"476 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122742163","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 Influence of Risk-Taking Propensity and Personality characteristics on Entrepreneurship Intention of Chinese college student: Focused on the Moderating Effect of Entrepreneurship education 冒险倾向和人格特征对中国大学生创业意向的影响:创业教育的调节作用

The Institute of Management and Economy Research Pub Date : 2023-03-30 DOI: 10.32599/apjb.14.1.202303.93

Kaifeng Wen, M. Kim

{"title":"The Influence of Risk-Taking Propensity and Personality characteristics on Entrepreneurship Intention of Chinese college student: Focused on the Moderating Effect of Entrepreneurship education","authors":"Kaifeng Wen, M. Kim","doi":"10.32599/apjb.14.1.202303.93","DOIUrl":"https://doi.org/10.32599/apjb.14.1.202303.93","url":null,"abstract":"Purpose - Due to the outbreak and spread of COVID-19, companies have reduced their hiring needs in the short term, reducing employment opportunities for most university students and putting pressure on their employment since 2019. This study aims to improve university students' employment options and increase the possibility of entrepreneurship. \u0000Design/methodology/approach - In this study, a research survey is conducted on 4-year Chinese university students who have received entrepreneurship education courses, and statistical tests are conducted using SPSS 26.0 and PROCESS 3.3 model 1. The main focus of the study is on the effects of risk perception and five personality factors on entrepreneurial intentions of Chinese university students and the effect of entrepreneurship education on the moderation of entrepreneurial intentions. \u0000Findings - The results of the study show that the risk perception of Chinese university students have a significant effect on the will to start a business. Five personality factors have a significant effect on entrepreneurial intentions. Entrepreneurship education has a moderating role in the relationship between risk perception and entrepreneurial intention, and the entrepreneurship education support has a moderating role in the relationship between the influence of five personality factors and entrepreneurial intentions. \u0000Research implications or Originality - The results of the study reveal that Chinese university students' exposure to entrepreneurship education support positively influenced entrepreneurial intentions. Such results imply that university students gain information and knowledge related to entrepreneurship through the entrepreneurship education support, which leads to positive perceptions and motivation towards entrepreneurship.","PeriodicalId":310482,"journal":{"name":"The Institute of Management and Economy Research","volume":"93 4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122537238","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 Determinants of Organizational Level for the Advancement of Smart Factory 智能工厂发展的组织水平决定因素研究

The Institute of Management and Economy Research Pub Date : 2023-03-30 DOI: 10.32599/apjb.14.1.202303.281

Chiho Ok

{"title":"A Study on the Determinants of Organizational Level for the Advancement of Smart Factory","authors":"Chiho Ok","doi":"10.32599/apjb.14.1.202303.281","DOIUrl":"https://doi.org/10.32599/apjb.14.1.202303.281","url":null,"abstract":"Purpose - The purpose of this study is to explore the determinants of the organizational level for the advancement of smart factory. We suggested three determinants of the organizational level such as CEO’s entrepreneurship, high-involvement human resource management, and cooperative industrial relations. \u0000Design/methodology/approach - The population of our survey was manufacturing SMEs, and we took a sample and conducted a survey of 232 companies. Since the level of smart factory advancement, which is a dependent variable, was measured on an ordinal scale, ordinal logistic regression analysis was used to test the hypothesis. \u0000Findings - The higher the level of high-involvement human resource management, the higher the level of smart factory advancement. As the level of high-involvement human resource management increases by one unit, the probability of smart factory advancement increases by 22.8%. On the other hand, the CEO's entrepreneurship did not significantly affect the level of smart factory advancement. Interestingly, the cooperative industrial relations negatively affected to the level of smart factory advancement, contrary to the hypothesis prediction. \u0000Research implications or Originality - This study explored determinants at the organizational level that affect the advancement of smart factories. Through this, various implications are presented for related research and policy fields.","PeriodicalId":310482,"journal":{"name":"The Institute of Management and Economy Research","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115222659","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

Understanding Consumer Perceptions of Luxury Vintage Fashion 了解消费者对奢侈古着的看法

The Institute of Management and Economy Research Pub Date : 2023-03-30 DOI: 10.32599/apjb.14.1.202303.41

Tungyun Liu, Sijun Sung, Heeju Chae

{"title":"Understanding Consumer Perceptions of Luxury Vintage Fashion","authors":"Tungyun Liu, Sijun Sung, Heeju Chae","doi":"10.32599/apjb.14.1.202303.41","DOIUrl":"https://doi.org/10.32599/apjb.14.1.202303.41","url":null,"abstract":"Purpose - The purpose of this study is to research how the different types of experiences affect consumer’s recognition in terms of luxury vintage fashion products, and what kinds of value consumer can achieve. \u0000Design/methodology/approach - The study is based on the means-end chain (MEC) approach for an in-depth understanding of consumers’ recognition systems through conducting the laddering interview technique. Above all, the research conducted a pilot test to gain attributes of consumer experiences about luxury vintage fashion products from Korean and Taiwanese. \u0000Findings - It is found that not only by actual purchase, experience without purchasing also can lead to consumers’ self-fulfilment and self-accomplishment, which filled the lack of relevant literature in the luxury vintage industry. In addition, the study sorted out the channels that consumers approach LVF products, which provide a classification reference for future research related to the luxury vintage consumer. \u0000Research implications or originality - As consumers can gain a lot kind of value through LVF products, luxury brands can attract consumers by using vintage as a market strategy. For luxury marketers, by running LVF shopping mall online or opening LVF stores, not only allow consumers’ attach with LVF products but also can further lead to the purchase behaviors. In addition, consumers who are interested in LVF are those who are aware of the authenticity, uniqueness, and rarity of the brand. Due the fact, these consumers may be interested in the topic of sustainability.","PeriodicalId":310482,"journal":{"name":"The Institute of Management and Economy Research","volume":"271 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121307248","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

Corporate Cash Shortfalls and External Financing: Evidence from Korea 企业现金短缺与外部融资:来自韩国的证据

The Institute of Management and Economy Research Pub Date : 2023-03-30 DOI: 10.32599/apjb.14.1.202303.215

So-yeon Kim, Mei-ying Jin, Saeyeul Park

{"title":"Corporate Cash Shortfalls and External Financing: Evidence from Korea","authors":"So-yeon Kim, Mei-ying Jin, Saeyeul Park","doi":"10.32599/apjb.14.1.202303.215","DOIUrl":"https://doi.org/10.32599/apjb.14.1.202303.215","url":null,"abstract":"Purpose - Based on the funding-horizon theory, this study aims to test the effects of cash needs and the persistence of external funding needs on firms' external financing. \u0000Design/methodology/approach - Financial data of Korean listed companies were collected from DataGuide. Immediate and near-term cash shortfalls are defined using the methodology of Haung and Ritter (2021). We estimate multinomial logit regressions for the financing choice. \u0000Findings - First, all three cash depletion variables used in our study increase the likelihood of external financing. Second, firms prefer to issue debt to meet immediate spending and equity to meet long-lived cash needs. Third, this effect is more pronounced for high R&D firms. Fourth, chaebol firms with internal capital markets defer raising external capital for immediate and near-term cash needs. \u0000Research implications or Originality - This paper provide empirical evidence that immediate and near-term cash needs induce external financing, and the persistence of cash needs affects the choice between debt and equity, the finding which is consistent with the funding-horizon theory of financing decisions. Being the first paper to test the funding-horizon theory using Korean data, this paper contributes to the literature on the capital structure of Korean firms.","PeriodicalId":310482,"journal":{"name":"The Institute of Management and Economy Research","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123801254","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 Effects of Job Satisfaction on the Life Satisfaction of Individuals with Disabilities 工作满意度对残障人士生活满意度的影响

The Institute of Management and Economy Research Pub Date : 2023-03-30 DOI: 10.32599/apjb.14.1.202303.427

Yunho Ji, Jangheon Han

引用次数: 0

A Study on the Affecting Factors of Job Satisfaction of Migrant Labor Focused on Korean Industry 外来务工人员工作满意度影响因素研究——以韩国产业为例

The Institute of Management and Economy Research Pub Date : 2023-03-30 DOI: 10.32599/apjb.14.1.202303.397

Sung-Gug Kim, K. Oh

{"title":"A Study on the Affecting Factors of Job Satisfaction of Migrant Labor Focused on Korean Industry","authors":"Sung-Gug Kim, K. Oh","doi":"10.32599/apjb.14.1.202303.397","DOIUrl":"https://doi.org/10.32599/apjb.14.1.202303.397","url":null,"abstract":"Purpose - This study is a study on the factors affecting job satisfaction of foreign migrant workers (focusing on domestic automobile industry workers) to examine the impact of foreign workers on the corporate management of Korean manufacturers in Korean society. \u0000Design/methodology/approach - A survey was conducted on 152 foreign laborers who lived in Korea. First, an exploratory factor analysis was performed to confirm reliability and validity. Second, an multiple regression was conducted based on the reliability and exploratory factor analysis results. Third, the mediation regression by checking the effect of organizational commitment. \u0000Findings - The acculturation and organizational fairness were found to have a great influence on job satisfaction, and this study found that perceived acculturation had an effect on job satisfaction through the mediating effect of organizational commitment. In addition, organizational fairness was also found to have an effect on job satisfaction as a mediating effect of organizational commitment. \u0000Research implications or Originality - It was to provide meaningful implications for foreign workers in the current Korean labor market. Based on the results, the corporate competitiveness of Korean manufacturers should be further secured.","PeriodicalId":310482,"journal":{"name":"The Institute of Management and Economy Research","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115616940","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