Pub Date : 2023-06-30DOI: 10.20294/jgbt.2023.19.3.1
Zhenyang Fu, Jin-Sup Jung, Sijian Niu, Liang Yi
Purpose - Direct and indirect factors affecting purchase of electric vehicles, and potential factors affecting purchase intention are studied. The effects of electric car attributes (functionality, economy, design, safety), brand image, and consumer attitude on electric car purchase intention was examined. The mediating effect of brand image and consumer attitude is examined. In addition, the moderating effect of ESG management between attributes and the brand image of electric vehicles was examined. Design/Methodology/Approach - Electric vehicle attributes were set as independent variables, and purchase intentions were set as dependent variables. In addition, the mediating effect of brand image and consumer attitude and the moderating effect of ESG management were considered. An empirical study was conducted targeting Chinese consumers, and multiple regression analysis was used as the research methodology. Findings - The attributes of electric vehicles (functionality, economy, design, safety) had a significant effect on brand image and purchase intention. Among the attributes of electric vehicles, economic feasibility, design, and safety had a significant positive (+) effect on consumer attitudes. Brand image and consumer attitude showed a positive (+) mediating effect between electric vehicle attributes and purchase intention. Further, the moderating effect of ESG management showed a positive moderating effect only between functionality and brand image. Research Implications - The study provides academic, practical, and policy implications for establishing an electric vehicle marketing strategy in the Chinese market. In particular, it is meaningful to marketing and distribution strategies for foreign companies, including Korean companies that wish to advance into China.
{"title":"The Influence of the Attributes of Electric Vehicles on Brand Image, Consumer Attitude, and Purchase Intention: Focusing on the Moderating Effects of ESG Management","authors":"Zhenyang Fu, Jin-Sup Jung, Sijian Niu, Liang Yi","doi":"10.20294/jgbt.2023.19.3.1","DOIUrl":"https://doi.org/10.20294/jgbt.2023.19.3.1","url":null,"abstract":"Purpose - Direct and indirect factors affecting purchase of electric vehicles, and potential factors affecting purchase intention are studied. The effects of electric car attributes (functionality, economy, design, safety), brand image, and consumer attitude on electric car purchase intention was examined. The mediating effect of brand image and consumer attitude is examined. In addition, the moderating effect of ESG management between attributes and the brand image of electric vehicles was examined. \u0000Design/Methodology/Approach - Electric vehicle attributes were set as independent variables, and purchase intentions were set as dependent variables. In addition, the mediating effect of brand image and consumer attitude and the moderating effect of ESG management were considered. An empirical study was conducted targeting Chinese consumers, and multiple regression analysis was used as the research methodology. \u0000Findings - The attributes of electric vehicles (functionality, economy, design, safety) had a significant effect on brand image and purchase intention. Among the attributes of electric vehicles, economic feasibility, design, and safety had a significant positive (+) effect on consumer attitudes. Brand image and consumer attitude showed a positive (+) mediating effect between electric vehicle attributes and purchase intention. Further, the moderating effect of ESG management showed a positive moderating effect only between functionality and brand image. \u0000Research Implications - The study provides academic, practical, and policy implications for establishing an electric vehicle marketing strategy in the Chinese market. In particular, it is meaningful to marketing and distribution strategies for foreign companies, including Korean companies that wish to advance into China.","PeriodicalId":190222,"journal":{"name":"International Academy of Global Business and Trade","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122892048","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}
Pub Date : 2023-06-30DOI: 10.20294/jgbt.2023.19.3.151
B. N. Shah, Md. Iqbal Bhuyan, Sungsin Kim, Rukshana Salam
Purpose - This study aims to investigate the role of financial intermediation in Nepalese economic growth using time-series data over the period from 1974 to 2019. In order to establish the relationship, GDP per capita is used as a proxy for economic growth, while private sector credit, commercial bank assets, and the broad money supply serve as proxy measures of financial intermediation. Design/Methodology/Approach - To obtain empirical results, the Johansen test of co-integration, the vector error correction model, and the Granger causality test are applied. Findings - The results support finance-led growth in Nepal, implying that financial intermediation is positively associated with economic growth in the long run. A positive association with total trade was observed in the short run, but a negative effect was found in the long run. Granger causality tests indicate that the broad money supply and commercial bank assets are bidirectionally related to Nepal’s economic growth, while private sector credit is unidirectional. Research Implications - The findings suggest that if central bank authorities prioritized monetary policy tools, it may foster economic growth in Nepal in both the short- and long terms. In addition, for the persistent growth of the Nepalese economy, the banking sector should be reformed by employing more liberal policies. The study also suggests that policymakers should take immediate action to correct the direction of Nepalese foreign trade.
{"title":"Financial Intermediation and Economic Growth: Evidence from Nepal","authors":"B. N. Shah, Md. Iqbal Bhuyan, Sungsin Kim, Rukshana Salam","doi":"10.20294/jgbt.2023.19.3.151","DOIUrl":"https://doi.org/10.20294/jgbt.2023.19.3.151","url":null,"abstract":"Purpose - This study aims to investigate the role of financial intermediation in Nepalese economic growth using time-series data over the period from 1974 to 2019. In order to establish the relationship, GDP per capita is used as a proxy for economic growth, while private sector credit, commercial bank assets, and the broad money supply serve as proxy measures of financial intermediation. \u0000Design/Methodology/Approach - To obtain empirical results, the Johansen test of co-integration, the vector error correction model, and the Granger causality test are applied. \u0000Findings - The results support finance-led growth in Nepal, implying that financial intermediation is positively associated with economic growth in the long run. A positive association with total trade was observed in the short run, but a negative effect was found in the long run. Granger causality tests indicate that the broad money supply and commercial bank assets are bidirectionally related to Nepal’s economic growth, while private sector credit is unidirectional. \u0000Research Implications - The findings suggest that if central bank authorities prioritized monetary policy tools, it may foster economic growth in Nepal in both the short- and long terms. In addition, for the persistent growth of the Nepalese economy, the banking sector should be reformed by employing more liberal policies. The study also suggests that policymakers should take immediate action to correct the direction of Nepalese foreign trade.","PeriodicalId":190222,"journal":{"name":"International Academy of Global Business and Trade","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122210676","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}
Pub Date : 2023-06-30DOI: 10.20294/jgbt.2023.19.3.25
Gil-Whan Kim
Purpose - To measure inventory management performance, we aim to develop a new indicator from which the random variation factor is eliminated. To this end, we propose inventory management efficiency (IME) as a novel metric to which technical efficiency is applied. Design/Methodology/Approach - To properly define IME,we established an inventory turnover function for which the multiplicative model represents the relationship between inventory turnover and its determinants, such as gross margin, capital intensity, and sales surprise, as suggested by Gaur et al. (2005). In addition, based on empirical results and the form of the inventory turnover function, we examine in detail whether the inventory turnover function is well- defined. We then examined the validity of the research model with the inefficiency term, which is a one-sided error, and investigated whether the inventory management inefficiency term exists statistically. Findings - The inventory turnover function suggested in this study is a well-defined function, and IME is an appropriately defined indicator for measuring inventory management performance. Moreover, the actual inventory turnover is determined on average at a level that is less than the maximum inventory turnover expected from the determinants of inventory turnover. Research Implications - IME can be utilized as a newly applicable indicator for evaluating inventory management.
{"title":"Evaluating Inventory Management Performance as Measured by Inventory Management Efficiency","authors":"Gil-Whan Kim","doi":"10.20294/jgbt.2023.19.3.25","DOIUrl":"https://doi.org/10.20294/jgbt.2023.19.3.25","url":null,"abstract":"Purpose - To measure inventory management performance, we aim to develop a new indicator from which the random variation factor is eliminated. To this end, we propose inventory management efficiency (IME) as a novel metric to which technical efficiency is applied. \u0000Design/Methodology/Approach - To properly define IME,we established an inventory turnover function for which the multiplicative model represents the relationship between inventory turnover and its determinants, such as gross margin, capital intensity, and sales surprise, as suggested by Gaur et al. (2005). In addition, based on empirical results and the form of the inventory turnover function, we examine in detail whether the inventory turnover function is well- defined. We then examined the validity of the research model with the inefficiency term, which is a one-sided error, and investigated whether the inventory management inefficiency term exists statistically. \u0000Findings - The inventory turnover function suggested in this study is a well-defined function, and IME is an appropriately defined indicator for measuring inventory management performance. Moreover, the actual inventory turnover is determined on average at a level that is less than the maximum inventory turnover expected from the determinants of inventory turnover. \u0000Research Implications - IME can be utilized as a newly applicable indicator for evaluating inventory management.","PeriodicalId":190222,"journal":{"name":"International Academy of Global Business and Trade","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133675581","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}
Pub Date : 2023-04-30DOI: 10.20294/jgbt.2023.19.2.97
Huong Vu Thanh, Thuy Hanh Lam Thi, H. Nguyen
Purpose - Vietnam is among the fastest growing digital economies in the Southeast Asian region, and has made enormous efforts to adopt digital measures to facilitate trade. The paper aims to assess Vietnam’s performance of digital trade facilitation and estimate the impact of digital trade facilitation on Vietnam’s exports to the Association of Southeast Asian Nations (ASEAN). Design/Methodology/Approach - Vietnam’s implementation of digital trade facilitation is assessed through a constructed framework based on two groups of indicators, including Information Availability and Formalities Automation extracted from the OECD Trade Facilitation database. Further, a gravity model was adopted to estimate the impact of digital trade facilitation on Vietnam’s exports. Findings - The results show that Vietnam performs a slightly better than the average level of ASEAN countries. However, Vietnam’s implementation of digital trade facilitation tends to be ỉmproving at a slower rate than other ASEAN countries’ implementations, as well as the country’s overall implementation of other trade facilitation. The paper is among leading studies to quantify the impact of digital trade facilitation on Vietnam’s exports to ASEAN countries, and finds that if Vietnam and ASEAN countries increase trade facilitation through Information Availability measures by 1%, Vietnam’s exports will increase more than proportionately by 1.29% and 1.01%, respectively. Meanwhile, the digitalization of trade formalities so far has had no effect on Vietnam’s exports to this region. Research Implications - Vietnam should place priority on enhancing automation in trade-related administrative procedures, especially in customs procedures. Furthermore, it should pay more attention to promote the electronic publication of trade-related information, enhance the transparency of government policymaking, and increase the quality of enquiry points.
{"title":"An Empirial Study on Vietnam’s Trade Faclilitation in the Digital Economy","authors":"Huong Vu Thanh, Thuy Hanh Lam Thi, H. Nguyen","doi":"10.20294/jgbt.2023.19.2.97","DOIUrl":"https://doi.org/10.20294/jgbt.2023.19.2.97","url":null,"abstract":"Purpose - Vietnam is among the fastest growing digital economies in the Southeast Asian region, and has made enormous efforts to adopt digital measures to facilitate trade. The paper aims to assess Vietnam’s performance of digital trade facilitation and estimate the impact of digital trade facilitation on Vietnam’s exports to the Association of Southeast Asian Nations (ASEAN). \u0000Design/Methodology/Approach - Vietnam’s implementation of digital trade facilitation is assessed through a constructed framework based on two groups of indicators, including Information Availability and Formalities Automation extracted from the OECD Trade Facilitation database. Further, a gravity model was adopted to estimate the impact of digital trade facilitation on Vietnam’s exports. \u0000Findings - The results show that Vietnam performs a slightly better than the average level of ASEAN countries. However, Vietnam’s implementation of digital trade facilitation tends to be ỉmproving at a slower rate than other ASEAN countries’ implementations, as well as the country’s overall implementation of other trade facilitation. The paper is among leading studies to quantify the impact of digital trade facilitation on Vietnam’s exports to ASEAN countries, and finds that if Vietnam and ASEAN countries increase trade facilitation through Information Availability measures by 1%, Vietnam’s exports will increase more than proportionately by 1.29% and 1.01%, respectively. Meanwhile, the digitalization of trade formalities so far has had no effect on Vietnam’s exports to this region. \u0000Research Implications - Vietnam should place priority on enhancing automation in trade-related administrative procedures, especially in customs procedures. Furthermore, it should pay more attention to promote the electronic publication of trade-related information, enhance the transparency of government policymaking, and increase the quality of enquiry points.","PeriodicalId":190222,"journal":{"name":"International Academy of Global Business and Trade","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121536549","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}
Pub Date : 2023-04-30DOI: 10.20294/jgbt.2023.19.2.45
D. Kim, S. Shim, Hye-Eun Shim, Dong-Gyun Kim, Jin-Hyung Cho
Purpose - As of 2022, Korea’s dependence on trade was 75%. Korea must join the Comprehensive Progressive Trans-Pacific Partnership (CPTPP) in order to keep pace with US-led trade standards in the future. This paper empirically investigated the impacts of Korea’s participation in the CPTPP on the economy. Design/Methodology/Approach - Using the World Input-Output Database and regression analysis, Korea’s CPTPP membership expands trade with 11 countries, including Japan, contributing greatly to the growth of the Korean economy. Findings - Our main findings can be summarized as follows. In 2022, exports and imports to Japan were $30.6 billion and $54.7 billion, respectively. If Korea joins the CPTPP, the economic effect will increase GDP by about 1.7% every year, and is expected to be more than $40.3 billion in 2025. The CPTPP has a great impact on the Korean economy by expanding trade with 11 countries, including Japan. Although Korea already has FTAs with 9 TPP member countries, it has been found that Korea’s GDP expands through additional tariff and non-tariff trade expansion by joining the CPTPP. Research Implications - Existing studies focus on the benefits of Korea on joining the CPTPP. This paper attempts to firstly evaluate the impact of joining the TPP on the Korean economy via analysis of the World Input-Output Database (WIOD).
{"title":"Analysis of the Impact of CPTPP Membership on the Korean Economy","authors":"D. Kim, S. Shim, Hye-Eun Shim, Dong-Gyun Kim, Jin-Hyung Cho","doi":"10.20294/jgbt.2023.19.2.45","DOIUrl":"https://doi.org/10.20294/jgbt.2023.19.2.45","url":null,"abstract":"Purpose - As of 2022, Korea’s dependence on trade was 75%. Korea must join the Comprehensive Progressive Trans-Pacific Partnership (CPTPP) in order to keep pace with US-led trade standards in the future. This paper empirically investigated the impacts of Korea’s participation in the CPTPP on the economy. \u0000Design/Methodology/Approach - Using the World Input-Output Database and regression analysis, Korea’s CPTPP membership expands trade with 11 countries, including Japan, contributing greatly to the growth of the Korean economy. \u0000Findings - Our main findings can be summarized as follows. In 2022, exports and imports to Japan were $30.6 billion and $54.7 billion, respectively. If Korea joins the CPTPP, the economic effect will increase GDP by about 1.7% every year, and is expected to be more than $40.3 billion in 2025. The CPTPP has a great impact on the Korean economy by expanding trade with 11 countries, including Japan. Although Korea already has FTAs with 9 TPP member countries, it has been found that Korea’s GDP expands through additional tariff and non-tariff trade expansion by joining the CPTPP. \u0000Research Implications - Existing studies focus on the benefits of Korea on joining the CPTPP. This paper attempts to firstly evaluate the impact of joining the TPP on the Korean economy via analysis of the World Input-Output Database (WIOD).","PeriodicalId":190222,"journal":{"name":"International Academy of Global Business and Trade","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132056874","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}
Pub Date : 2023-04-30DOI: 10.20294/jgbt.2023.19.2.119
Guimin Lu, Soojoong Nam
Purpose - This paper empirically analyzed how China’s domestic inflation responds to foreign uncertainties, especially U.S. economic policy uncertainties. This paper helps to fill the gap in the research on the impact of one country’s economic uncertainty on the others economy. Design/Methodology/Approach - In this paper, we were first to collect disaggregated data on China’s 31 provinces from Q1 2001 to Q4 2021, adopting the nonlinear autoregressive distributed lag (NARDL) approach, to study the impact of U.S. economic policy uncertainty (EPU) on Chinese inflation. Given that the economic structures of China’s 31 provinces are different, such as the level of economic development, industrial structure, economic scale, population scale, and so on, this paper uses China‘s regional data for the first time. We employ the nonlinear autoregressive distributed lag (NARDL) approach proposed by Shin et al. (2014), which has recently attracted attention. Findings - The main findings are as follows. First, the impact of U.S. EPU on inflation in China’s provinces is prominently presented by the short-run (26 provinces) versus the long-run (19 provinces). Second, an increase (decrease) in U.S. EPU causes a decrease (increase) in Chinese inflation in the long-run. Third, short-run asymmetry in U.S. EPU was demonstrated in 20 provinces, and long-run asymmetry was demonstrated in 17 provinces. Moreover, the characteristics of asymmetry develop from short-run to long-run in 15 provinces. Research Implications - The estimation result of the NARDL model shows that the long- and short-run asymmetric effects of the U.S. EPU on domestic inflation are not exactly the same in terms of China’s 31 provinces. This paper also suggests that province-specific phenomena should not be ignored when the Chinese government formulates policies to deal with foreign uncertainty.
{"title":"Does U.S. Economic Policy Uncertainty Influence Chinese Domestic Inflation?: Evidence from China’s 31 Provinces","authors":"Guimin Lu, Soojoong Nam","doi":"10.20294/jgbt.2023.19.2.119","DOIUrl":"https://doi.org/10.20294/jgbt.2023.19.2.119","url":null,"abstract":"Purpose - This paper empirically analyzed how China’s domestic inflation responds to foreign uncertainties, especially U.S. economic policy uncertainties. This paper helps to fill the gap in the research on the impact of one country’s economic uncertainty on the others economy. \u0000Design/Methodology/Approach - In this paper, we were first to collect disaggregated data on China’s 31 provinces from Q1 2001 to Q4 2021, adopting the nonlinear autoregressive distributed lag (NARDL) approach, to study the impact of U.S. economic policy uncertainty (EPU) on Chinese inflation. Given that the economic structures of China’s 31 provinces are different, such as the level of economic development, industrial structure, economic scale, population scale, and so on, this paper uses China‘s regional data for the first time. We employ the nonlinear autoregressive distributed lag (NARDL) approach proposed by Shin et al. (2014), which has recently attracted attention. \u0000Findings - The main findings are as follows. First, the impact of U.S. EPU on inflation in China’s provinces is prominently presented by the short-run (26 provinces) versus the long-run (19 provinces). Second, an increase (decrease) in U.S. EPU causes a decrease (increase) in Chinese inflation in the long-run. Third, short-run asymmetry in U.S. EPU was demonstrated in 20 provinces, and long-run asymmetry was demonstrated in 17 provinces. Moreover, the characteristics of asymmetry develop from short-run to long-run in 15 provinces. \u0000Research Implications - The estimation result of the NARDL model shows that the long- and short-run asymmetric effects of the U.S. EPU on domestic inflation are not exactly the same in terms of China’s 31 provinces. This paper also suggests that province-specific phenomena should not be ignored when the Chinese government formulates policies to deal with foreign uncertainty.","PeriodicalId":190222,"journal":{"name":"International Academy of Global Business and Trade","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127766969","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}
Pub Date : 2023-04-30DOI: 10.20294/jgbt.2023.19.2.77
Koun Kim
Purpose - Given the fact that a majority of multinational enterprises (MNEs) are still heavily reliant on expatriates for critical functions abroad, expatriate management is crucial to MNEs in today’s global business environment. In this context, increasing attention has been devoted to the psychological contract as a useful explanatory tool for understanding expatriate management. In spite of a growing recognition of its importance in expatriate management, the psychological contract has not yet been sufficiently studied in the multi-layered context of expatriation. Therefore, this paper aims to explore expatriate psychological contracts in the multicontextual nature of expatriation. Design/Methodology/Approach - Drawing upon social exchange theory and equity theory, this paper develops a conceptual framework for the relationship between perceived psychological contract violations and work-related outcomes and proposes the contextual moderators of this relationship at the individual, organizational, and national levels, respectively. Findings - Four research propositions are developed around the proposed conceptual model, such that expatriates that perceive a violation of the psychological contract have significantly lower job satisfaction and commitment to the MNE. Moreover, the moderating effects of individual (e.g., cultural intelligence), organizational (e.g., the extent of cross-cultural training), and national (e.g., cultural distance) factors on the relationship between perceived psychological contract violations and expatriate attitudinal outcomes are suggested. Research Implications - This paper can vastly increase the current understanding of psychological contracts by broadening its application beyond the domestic employee-employer relationship. It also provides relevant insight into expatriate management.
{"title":"When Expatriates Feel Betrayed: Perceived Psychological Contract Violation and Its Consequences and Potential Moderators","authors":"Koun Kim","doi":"10.20294/jgbt.2023.19.2.77","DOIUrl":"https://doi.org/10.20294/jgbt.2023.19.2.77","url":null,"abstract":"Purpose - Given the fact that a majority of multinational enterprises (MNEs) are still heavily reliant on expatriates for critical functions abroad, expatriate management is crucial to MNEs in today’s global business environment. In this context, increasing attention has been devoted to the psychological contract as a useful explanatory tool for understanding expatriate management. In spite of a growing recognition of its importance in expatriate management, the psychological contract has not yet been sufficiently studied in the multi-layered context of expatriation. Therefore, this paper aims to explore expatriate psychological contracts in the multicontextual nature of expatriation. \u0000Design/Methodology/Approach - Drawing upon social exchange theory and equity theory, this paper develops a conceptual framework for the relationship between perceived psychological contract violations and work-related outcomes and proposes the contextual moderators of this relationship at the individual, organizational, and national levels, respectively. \u0000Findings - Four research propositions are developed around the proposed conceptual model, such that expatriates that perceive a violation of the psychological contract have significantly lower job satisfaction and commitment to the MNE. Moreover, the moderating effects of individual (e.g., cultural intelligence), organizational (e.g., the extent of cross-cultural training), and national (e.g., cultural distance) factors on the relationship between perceived psychological contract violations and expatriate attitudinal outcomes are suggested. \u0000Research Implications - This paper can vastly increase the current understanding of psychological contracts by broadening its application beyond the domestic employee-employer relationship. It also provides relevant insight into expatriate management.","PeriodicalId":190222,"journal":{"name":"International Academy of Global Business and Trade","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116886164","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}
Pub Date : 2023-04-30DOI: 10.20294/jgbt.2023.19.2.27
L. Kaewkitipong, Charlie Chen, Shanshan Lou
Purpose - This research aims to investigate the continuance intention of mobile payment services in Thailand based on the perceived innovativeness (PI) and task-technology fit (TTF) theories. The high attrition rate of mobile payment services in the market and lack of studies exploring the effect of personal attributes on continuance intention motivate the research. Design/Methodology/Approach - 544 Thai mobile payment users were surveyed. Relationships between mobile technology skills, perceived usefulness of mobile payment services, perceived ease of use, PI, TTF, and continuance intention were analyzed using structural equation modeling (SEM). Findings - The results indicate that perceived usefulness is the primary antecedent for TTF. Both TTF and PI were also found to have a significantly positive effect on the increase of continuance intention to use mobile payment services. Moreover, PI was found to have a strong negative moderating effect on the relationship between perceived task-technology fit and the continuance intention of using mobile payment services. Research Implications - The findings provide important insights for mobile payment service providers on how to effectively target users and increase the intention to continue using mobile payment services.
{"title":"The Roles of Personal Innovation and Task Technology Fit in Mobile Payment Retention","authors":"L. Kaewkitipong, Charlie Chen, Shanshan Lou","doi":"10.20294/jgbt.2023.19.2.27","DOIUrl":"https://doi.org/10.20294/jgbt.2023.19.2.27","url":null,"abstract":"Purpose - This research aims to investigate the continuance intention of mobile payment services in Thailand based on the perceived innovativeness (PI) and task-technology fit (TTF) theories. The high attrition rate of mobile payment services in the market and lack of studies exploring the effect of personal attributes on continuance intention motivate the research. \u0000Design/Methodology/Approach - 544 Thai mobile payment users were surveyed. Relationships between mobile technology skills, perceived usefulness of mobile payment services, perceived ease of use, PI, TTF, and continuance intention were analyzed using structural equation modeling (SEM). \u0000Findings - The results indicate that perceived usefulness is the primary antecedent for TTF. Both TTF and PI were also found to have a significantly positive effect on the increase of continuance intention to use mobile payment services. Moreover, PI was found to have a strong negative moderating effect on the relationship between perceived task-technology fit and the continuance intention of using mobile payment services. \u0000Research Implications - The findings provide important insights for mobile payment service providers on how to effectively target users and increase the intention to continue using mobile payment services.","PeriodicalId":190222,"journal":{"name":"International Academy of Global Business and Trade","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116859639","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}
Pub Date : 2023-04-30DOI: 10.20294/jgbt.2023.19.2.1
Y. Ha, Chang-Joon Lee
Purpose - This study analyzes the current status, background, and factors that affect the maintenance and success of the South Korea-U.S. medical foreign direct investment (FDI), which has been rapidly increasing since the COVID-19 pandemic. Design/Methodology/Approach - This study was conducted from the perspective of the United States (U.S.), the host country of investment. A panel analysis was conducted with the 10-year data of economic and logistics factors of 30 major U.S. states. The independent variables were Gross domestic product (GDP), payroll, and employment rate, and logistics factors were the number of logistics bases and amount of investment. The dependent variable was the amount of South Korea-U.S. medical FDI. Findings - The empirical analysis revealed that GDP, payroll, and number of airports had significant positive effects on FDI. The medical industry is a typical high value-added process industry, and the economic power of the host region and payroll to employ excellent workers were key variables. Air transport infrastructure was also a prominent factor due to the nature of pharmaceutical drugs. Research Implications - The analysis results show the typical characteristics of the medical industry. The results and implications can guide future medical FDI in a more effective direction.
{"title":"Analysis of the Characteristics of the Medical Industry and the Determinants of Investment: Focusing on South Korea-U.S. FDI","authors":"Y. Ha, Chang-Joon Lee","doi":"10.20294/jgbt.2023.19.2.1","DOIUrl":"https://doi.org/10.20294/jgbt.2023.19.2.1","url":null,"abstract":"Purpose - This study analyzes the current status, background, and factors that affect the maintenance and success of the South Korea-U.S. medical foreign direct investment (FDI), which has been rapidly increasing since the COVID-19 pandemic. \u0000Design/Methodology/Approach - This study was conducted from the perspective of the United States (U.S.), the host country of investment. A panel analysis was conducted with the 10-year data of economic and logistics factors of 30 major U.S. states. The independent variables were Gross domestic product (GDP), payroll, and employment rate, and logistics factors were the number of logistics bases and amount of investment. The dependent variable was the amount of South Korea-U.S. medical FDI. \u0000Findings - The empirical analysis revealed that GDP, payroll, and number of airports had significant positive effects on FDI. The medical industry is a typical high value-added process industry, and the economic power of the host region and payroll to employ excellent workers were key variables. Air transport infrastructure was also a prominent factor due to the nature of pharmaceutical drugs. \u0000Research Implications - The analysis results show the typical characteristics of the medical industry. The results and implications can guide future medical FDI in a more effective direction.","PeriodicalId":190222,"journal":{"name":"International Academy of Global Business and Trade","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115270980","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}
Pub Date : 2023-04-30DOI: 10.20294/jgbt.2023.19.2.63
T. Mun, Jang-Soon Lee
Purpose - This purpose of this study is to verify how the periodic auditor designation system, which was implemented in Korea in 2019, affects audit quality using the amount of conservatism. Design/Methodology/Approach - To establish hypotheses, previous studies were reviewed, and 1,031 samples were selected from KOSPI-listed companies in Korea for 2019 and 2020. The dependent variable was the amount of conservatism; the impact of periodic auditors, Big 4 auditors, debt ratios, total assets, ROA, loss, and audit complexity were empirically analyzed. Findings - The study found significant differences in audit quality among other variables, and confirmed a statistically significant difference in audit quality based on periodic auditor designation between the Big 4 and Non-Big 4 accounting firms. The study concluded that periodic auditor designation is effective in suppressing opportunistic behavior and enhancing the reliability of financial reporting, ultimately strengthening conservatism. Research Implications - This study is meaningful in that it targets empirical data from 2019 and 2020 using the amount of conservatism on the effect of periodic auditor designation on audit quality. Since this system was first implemented in Korea in 2019, there are not many related data, so there are limitations in the analysis of related studies.
{"title":"The Effect of Periodic Auditor Designation on Audit Quality: Focusing on the Amount of Conservatism","authors":"T. Mun, Jang-Soon Lee","doi":"10.20294/jgbt.2023.19.2.63","DOIUrl":"https://doi.org/10.20294/jgbt.2023.19.2.63","url":null,"abstract":"Purpose - This purpose of this study is to verify how the periodic auditor designation system, which was implemented in Korea in 2019, affects audit quality using the amount of conservatism. \u0000Design/Methodology/Approach - To establish hypotheses, previous studies were reviewed, and 1,031 samples were selected from KOSPI-listed companies in Korea for 2019 and 2020. The dependent variable was the amount of conservatism; the impact of periodic auditors, Big 4 auditors, debt ratios, total assets, ROA, loss, and audit complexity were empirically analyzed. \u0000Findings - The study found significant differences in audit quality among other variables, and confirmed a statistically significant difference in audit quality based on periodic auditor designation between the Big 4 and Non-Big 4 accounting firms. The study concluded that periodic auditor designation is effective in suppressing opportunistic behavior and enhancing the reliability of financial reporting, ultimately strengthening conservatism. \u0000Research Implications - This study is meaningful in that it targets empirical data from 2019 and 2020 using the amount of conservatism on the effect of periodic auditor designation on audit quality. Since this system was first implemented in Korea in 2019, there are not many related data, so there are limitations in the analysis of related studies.","PeriodicalId":190222,"journal":{"name":"International Academy of Global Business and Trade","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114749690","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}