Pub Date : 2023-04-30DOI: 10.38115/asgba.2023.20.2.153
Jaeseog Na, Yong-won Joe
This study examines the impact of credit ratings on corporate innovation activities. A sample of domestic securities-listed companies is selected, and changes in innovation activities are investigated when firms exhibit high sensitivity to credit ratings. Credit rating data from December settlement companies, spanning the period from 2002 to 2019, excluding the financial industry, is employed. A total of 2,179 company-year observations are used, which include corporate patent data as a proxy for measuring innovation performance, to examine the relationship between credit ratings and innovation activities. Furthermore, the study analyzes how these relationships vary across high-tech and non-high-tech industries, as well as investment ratings and speculative ratings. The empirical analysis reveals a significant positive relationship between the sensitivity of firms to credit ratings and their innovation activities. Specifically, firms that are more sensitive to credit rating downgrades show an increase in innovation activities, while no significant results are found for credit rating upgrades. This suggests that firms with a higher likelihood of credit rating downgrades are more likely to actively pursue innovation activities to maintain their current credit rating. Moreover, this asymmetric relationship between credit ratings and innovation is more pronounced in high-tech industries compared to non-high-tech industries, and in investment-rated firms compared to speculative-rated firms. Based on these empirical findings, this study provides important implications for stakeholders and financial market participants regarding the relationship between credit ratings and innovation.
{"title":"Credit Ratings and Firm Innovation","authors":"Jaeseog Na, Yong-won Joe","doi":"10.38115/asgba.2023.20.2.153","DOIUrl":"https://doi.org/10.38115/asgba.2023.20.2.153","url":null,"abstract":"This study examines the impact of credit ratings on corporate innovation activities. A sample of domestic securities-listed companies is selected, and changes in innovation activities are investigated when firms exhibit high sensitivity to credit ratings. Credit rating data from December settlement companies, spanning the period from 2002 to 2019, excluding the financial industry, is employed. A total of 2,179 company-year observations are used, which include corporate patent data as a proxy for measuring innovation performance, to examine the relationship between credit ratings and innovation activities. Furthermore, the study analyzes how these relationships vary across high-tech and non-high-tech industries, as well as investment ratings and speculative ratings. \u0000The empirical analysis reveals a significant positive relationship between the sensitivity of firms to credit ratings and their innovation activities. Specifically, firms that are more sensitive to credit rating downgrades show an increase in innovation activities, while no significant results are found for credit rating upgrades. This suggests that firms with a higher likelihood of credit rating downgrades are more likely to actively pursue innovation activities to maintain their current credit rating. Moreover, this asymmetric relationship between credit ratings and innovation is more pronounced in high-tech industries compared to non-high-tech industries, and in investment-rated firms compared to speculative-rated firms. Based on these empirical findings, this study provides important implications for stakeholders and financial market participants regarding the relationship between credit ratings and innovation.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114724972","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: 10.38115/asgba.2023.20.2.195
J. Bae
The learning performance of artificial intelligence (AI) technologies such as machine learning and deep learning is approaching or surpassing that of humans, and humans are gaining new insights through hidden patterns and rules discovered by AI, but their delivery and explanatory power is in short supply. As the use of AI technology expands by industry, values such as transparency, fairness, and accountability are continuously required in addition to accuracy. Accordingly, the demand and necessity for eXplainable Artificial Intelligence (XAI) has recently been emphasized. XAI is an analysis model, process, and service for determining the reliability of AI results by explaining what the reason is if there is an error in the output produced by the AI model. This study reviewed SHAP, LIME, and LRP, which are XAI methodologies, and explored the applicability of these methodologies to each industry. In the financial field, algorithms such as SHAP, LIME, and LRP can be applied to support credit rating prediction, loan decision-making, and investment decision-making, and to ensure their explainability and interpretability. This can increase fairness and reliability of AI results between financial consumers and financial institutions. In the defense and military fields, AI staff is being used as an auxiliary tool for key decision makers. If the explainability and interpretability of the results are guaranteed by applying XAI, the role of AI staff will change to active utilization. In the field of industrial accidents, SHAP can be used in a model that predicts industrial accidents to determine the degree of influence of variables that affect the occurrence of industrial accidents. As such, the XAI methodology can contribute to increasing the transparency and interpretability of models in various AI-based prediction models.
{"title":"A Study on the Applicability of eXplainable Artificial Intelligence(XAI) Methodology by Industrial District","authors":"J. Bae","doi":"10.38115/asgba.2023.20.2.195","DOIUrl":"https://doi.org/10.38115/asgba.2023.20.2.195","url":null,"abstract":"The learning performance of artificial intelligence (AI) technologies such as machine learning and deep learning is approaching or surpassing that of humans, and humans are gaining new insights through hidden patterns and rules discovered by AI, but their delivery and explanatory power is in short supply. As the use of AI technology expands by industry, values such as transparency, fairness, and accountability are continuously required in addition to accuracy. Accordingly, the demand and necessity for eXplainable Artificial Intelligence (XAI) has recently been emphasized. XAI is an analysis model, process, and service for determining the reliability of AI results by explaining what the reason is if there is an error in the output produced by the AI model. This study reviewed SHAP, LIME, and LRP, which are XAI methodologies, and explored the applicability of these methodologies to each industry. In the financial field, algorithms such as SHAP, LIME, and LRP can be applied to support credit rating prediction, loan decision-making, and investment decision-making, and to ensure their explainability and interpretability. This can increase fairness and reliability of AI results between financial consumers and financial institutions. In the defense and military fields, AI staff is being used as an auxiliary tool for key decision makers. If the explainability and interpretability of the results are guaranteed by applying XAI, the role of AI staff will change to active utilization. In the field of industrial accidents, SHAP can be used in a model that predicts industrial accidents to determine the degree of influence of variables that affect the occurrence of industrial accidents. As such, the XAI methodology can contribute to increasing the transparency and interpretability of models in various AI-based prediction models.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"52 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117351818","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 : 2023-02-28DOI: 10.38115/asgba.2023.20.1.163
Jiyeon Han, Kyoung-Chol Jung
This study confirms whether the effect of lowering accounting transparency was mitigated when the audit effort of the avoid losses firms was high. Firms in the avoid losses section may have lower accounting transparency, but the purpose is to confirm that the moderating effect on the auditor's characteristics(audit time, audit fee) can alleviate the effect of lowering accounting transparency. As a result of the analysis, we confirm that accounting transparency was alleviated as the audit effort (audit fee, audit time) of the avoid losses firms increased. This can be interpreted as an increase in audit efforts of the avoid losses firms alleviated the decrease in accounting transparency by complying with accounting and audit standards by fully exercising their monitoring and supervisory functions. In addition, it can be seen that the same result was found when the deficit avoidance section was analyzed as a company from a narrow section to a wide section as part of robustness. This results imply that accounting transparency varies depending on the audit efforts of the avoid losses firms. Through this, it is contributing to the verification that the impact of the avoid losses firms on accounting transparency acts differently depending on audit time and audit fees. These results suggest changes in the audit environment in Korea to improve the accounting transparency of firms in the crisis of deficit.
{"title":"Impact of audit efforts of the avoid losses firms on accounting transparency: Focused on audit time and audit fees","authors":"Jiyeon Han, Kyoung-Chol Jung","doi":"10.38115/asgba.2023.20.1.163","DOIUrl":"https://doi.org/10.38115/asgba.2023.20.1.163","url":null,"abstract":"This study confirms whether the effect of lowering accounting transparency was mitigated when the audit effort of the avoid losses firms was high. Firms in the avoid losses section may have lower accounting transparency, but the purpose is to confirm that the moderating effect on the auditor's characteristics(audit time, audit fee) can alleviate the effect of lowering accounting transparency. As a result of the analysis, we confirm that accounting transparency was alleviated as the audit effort (audit fee, audit time) of the avoid losses firms increased. This can be interpreted as an increase in audit efforts of the avoid losses firms alleviated the decrease in accounting transparency by complying with accounting and audit standards by fully exercising their monitoring and supervisory functions. In addition, it can be seen that the same result was found when the deficit avoidance section was analyzed as a company from a narrow section to a wide section as part of robustness. This results imply that accounting transparency varies depending on the audit efforts of the avoid losses firms. Through this, it is contributing to the verification that the impact of the avoid losses firms on accounting transparency acts differently depending on audit time and audit fees. These results suggest changes in the audit environment in Korea to improve the accounting transparency of firms in the crisis of deficit.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"67 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121262615","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 : 2023-02-28DOI: 10.38115/asgba.2023.20.1.27
S. Bae, Yixi Dong, Ohbyung Kwon
[Purpose] With the advent of ESG management, the demand for ESG management education for attitudinal change and enhancing self-efficacy is rapidly increasing. Yet the difficulties to meet the growing demand on ESG management instructors has prompted the development of alternative method of delivering learning contents using generative AI technology. However, the studies to examine the performance of the AI generated contents lecturers has been very few. Hence, the this study aims to experimentally examine the learing effect of AI generated ESG management education. [Research methodology] The experiment was conducted by introducing the learning content to the Chinese employees and subsequently conducting an online survey. We used a mixed subjects design of 2(Content Generators: Artificial Intelligence, Human) × 2(Media Richness: Audio, Video) × 3(Content Theme: Explanatory-concept of ESG management-, Sensitive-importance of ESG management-, Volitional-how to do-). [Research Findings] The results suggest that the interaction between content generator, information delivery method, and content’s topic have an effect on the learner's cognitive change. In particular, it was found that the use of virtual-human instructors powered by generative AI and emotional themes had greater effect on learning performance in the ESG management education for Chinese emplyoees context. [Implications] This study empirically contributes to the AI generated learning technology research. Existing generative AI technology is expected to contribute as a guideline to its successful establishment in global management.
{"title":"The effects of content creator, media richness, and content theme on learning performance: Focusing on ESG management education for Chinese employees","authors":"S. Bae, Yixi Dong, Ohbyung Kwon","doi":"10.38115/asgba.2023.20.1.27","DOIUrl":"https://doi.org/10.38115/asgba.2023.20.1.27","url":null,"abstract":"[Purpose] With the advent of ESG management, the demand for ESG management education for attitudinal change and enhancing self-efficacy is rapidly increasing. Yet the difficulties to meet the growing demand on ESG management instructors has prompted the development of alternative method of delivering learning contents using generative AI technology. However, the studies to examine the performance of the AI generated contents lecturers has been very few. Hence, the this study aims to experimentally examine the learing effect of AI generated ESG management education. [Research methodology] The experiment was conducted by introducing the learning content to the Chinese employees and subsequently conducting an online survey. We used a mixed subjects design of 2(Content Generators: Artificial Intelligence, Human) × 2(Media Richness: Audio, Video) × 3(Content Theme: Explanatory-concept of ESG management-, Sensitive-importance of ESG management-, Volitional-how to do-). [Research Findings] The results suggest that the interaction between content generator, information delivery method, and content’s topic have an effect on the learner's cognitive change. In particular, it was found that the use of virtual-human instructors powered by generative AI and emotional themes had greater effect on learning performance in the ESG management education for Chinese emplyoees context. [Implications] This study empirically contributes to the AI generated learning technology research. Existing generative AI technology is expected to contribute as a guideline to its successful establishment in global management.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"64 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131638856","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 : 2023-02-28DOI: 10.38115/asgba.2023.20.1.101
So-Ra Min
This study focuses on the hierarchical organizational culture of airline cabin crew with a stricter hierarchical order than other industries. The purpose of this study is to suggest implications for human resource management of airline cabin crew through the relationship between hierarchical organizational culture and bullying atmosphere, counterproductive task behavior, and turnover intention. For analysis, SPSS v.21 and AMOS v.21 programs were performed ti conduct frequency analysis for sample characteristics, validity and reliability analysis of measurement tools, and path analysis for hypothesis test. The results of findings are first the hierarchical organizational culture of airline cabin crew had a positive (+) effect on the bullying atmosphere. Second, it was found that the bullying atmosphere of airline cabin crew had a positive (+) effect on counterproductive work behavior. Third, the bullying atmosphere of airline cabin crew had a positive (+) effect on turnover intention. Fourth, the counterproductive work behavior had a positive (+) effect on turnover intention. At the last, it was analyzed that counterproductive work behavior was partially mediated between the bullying atmosphere and turnover intention. With the results of this study, we present strategic implications for human resource management of airline cabin crew.
{"title":"The relationship between the bullying atmosphere, counterproductive work behavior, and turnover intention in the airline's hierarchical organizational culture","authors":"So-Ra Min","doi":"10.38115/asgba.2023.20.1.101","DOIUrl":"https://doi.org/10.38115/asgba.2023.20.1.101","url":null,"abstract":"This study focuses on the hierarchical organizational culture of airline cabin crew with a stricter hierarchical order than other industries. The purpose of this study is to suggest implications for human resource management of airline cabin crew through the relationship between hierarchical organizational culture and bullying atmosphere, counterproductive task behavior, and turnover intention. For analysis, SPSS v.21 and AMOS v.21 programs were performed ti conduct frequency analysis for sample characteristics, validity and reliability analysis of measurement tools, and path analysis for hypothesis test. The results of findings are first the hierarchical organizational culture of airline cabin crew had a positive (+) effect on the bullying atmosphere. Second, it was found that the bullying atmosphere of airline cabin crew had a positive (+) effect on counterproductive work behavior. Third, the bullying atmosphere of airline cabin crew had a positive (+) effect on turnover intention. Fourth, the counterproductive work behavior had a positive (+) effect on turnover intention. At the last, it was analyzed that counterproductive work behavior was partially mediated between the bullying atmosphere and turnover intention. With the results of this study, we present strategic implications for human resource management of airline cabin crew.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"61 8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128346059","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 : 2023-02-28DOI: 10.38115/asgba.2023.20.1.51
Seon Lee Um, D. Jo
As a social phenomenon in modern society, companion animals are gradually recognized as life partners or family members due to single-person households, low birth rates, and aging.In particular, due to structural changes in the family, there are fewer opportunities for communication and more people feel isolated or alienated. Therefore, this study attempts to verify the relationship between the effect of interaction with companion animals on self-esteem and subjective happiness. To this end, research hypotheses and surveys were developed based on literature research, and a total of 200 copies of data were collected and statistically analyzed to verify the hypothesis. As a result of the study, first, it was found that there was a correlation between interaction, self-esteem, and subjective happiness. Second, interaction and self-esteem were found to have a positive effect. Third, it was found that interaction had a positive effect on subjective happiness Fourth, it was found that self-esteem had a positive effect on subjective happiness. Finally, interaction has a significant effect on subjective happiness by mediating self-esteem. Through this study, the significance of this study was that the direction for the friendliness of raising companion animals was suggested by confirming the importance of the effect of interaction with companion animals on their self-esteem and subjective happiness. This will provide basic data on the importance of companion animal interaction as well as the importance of companion role in the life of companion animals, and the raising of desirable companion animals can increase human overall development and subjective happiness.
{"title":"A Study on the Effects of Interaction with Companion Animals on Self-Esteem and Subjective Happiness","authors":"Seon Lee Um, D. Jo","doi":"10.38115/asgba.2023.20.1.51","DOIUrl":"https://doi.org/10.38115/asgba.2023.20.1.51","url":null,"abstract":"As a social phenomenon in modern society, companion animals are gradually recognized as life partners or family members due to single-person households, low birth rates, and aging.In particular, due to structural changes in the family, there are fewer opportunities for communication and more people feel isolated or alienated. Therefore, this study attempts to verify the relationship between the effect of interaction with companion animals on self-esteem and subjective happiness. To this end, research hypotheses and surveys were developed based on literature research, and a total of 200 copies of data were collected and statistically analyzed to verify the hypothesis. As a result of the study, first, it was found that there was a correlation between interaction, self-esteem, and subjective happiness. Second, interaction and self-esteem were found to have a positive effect. Third, it was found that interaction had a positive effect on subjective happiness Fourth, it was found that self-esteem had a positive effect on subjective happiness. Finally, interaction has a significant effect on subjective happiness by mediating self-esteem. Through this study, the significance of this study was that the direction for the friendliness of raising companion animals was suggested by confirming the importance of the effect of interaction with companion animals on their self-esteem and subjective happiness. This will provide basic data on the importance of companion animal interaction as well as the importance of companion role in the life of companion animals, and the raising of desirable companion animals can increase human overall development and subjective happiness.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"514 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133159087","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 : 2023-02-28DOI: 10.38115/asgba.2023.20.1.72
Hee-young Ma, Jinyoung Jung
The changed audit report has changed not only in the form of full arrangement of audit opinions, but also in the contents of key audit matters and the signature of the director in charge of business, which aims to improve the information value of the audit report and improve audit quality. In this study, the effect of these changes in audit reports on the accuracy of profit prediction by financial analysts who are information users was empirically analyzed. A total of 2,343 company-year data were used for listed companies from 2011 to 2019. As a result of the empirical anaysis, it was found that companies that are required to list key audit matters from 2019 have higher accuracy in predicting earnings by financial analysts than companies that do not. However, it was found that the incremental effect of earning prediction accuracy due to the entry of key audit matters was reduced. The results of this study indicate that the information value of the changed audit report has changed. This study is differentiated from previous studies in that it empirically analyzed the effect of the changed audit report in terms of information value change by examining the effect on the financial analyst's earning forecast accuracy, focusing on the changed audit report and key audit matters.
{"title":"The Effect of Revised Audit Reports on Analyst’s Earning Forecast Accuracy","authors":"Hee-young Ma, Jinyoung Jung","doi":"10.38115/asgba.2023.20.1.72","DOIUrl":"https://doi.org/10.38115/asgba.2023.20.1.72","url":null,"abstract":"The changed audit report has changed not only in the form of full arrangement of audit opinions, but also in the contents of key audit matters and the signature of the director in charge of business, which aims to improve the information value of the audit report and improve audit quality. In this study, the effect of these changes in audit reports on the accuracy of profit prediction by financial analysts who are information users was empirically analyzed. A total of 2,343 company-year data were used for listed companies from 2011 to 2019. As a result of the empirical anaysis, it was found that companies that are required to list key audit matters from 2019 have higher accuracy in predicting earnings by financial analysts than companies that do not. However, it was found that the incremental effect of earning prediction accuracy due to the entry of key audit matters was reduced. The results of this study indicate that the information value of the changed audit report has changed. This study is differentiated from previous studies in that it empirically analyzed the effect of the changed audit report in terms of information value change by examining the effect on the financial analyst's earning forecast accuracy, focusing on the changed audit report and key audit matters.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124926276","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 : 2023-02-28DOI: 10.38115/asgba.2023.20.1.188
Byungjin Yim
This study is an empirical study on the relationship among global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends. In this study we used 1807 daily data of the global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends from January 4, 2016 to December 6, 2022. We try to analyze the mutual influence and the causality between Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends. We wish to analyze the extent of cross-influence. We employ variance decomposition function based on VAR model as well as impulse response after scointegration test and unit root test. An important result of this study are summarized as follows: First of all, raw time series data of global corporate Hyundai Motor company stock price and Hyundai Motor company stock futures price has unit roots. Secondly, the first differential data of the global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends has no unit roots. Third, there is at least one cointegration among the first differential data of global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends. Finally, global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends granger causes global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends.
{"title":"A Study on the Relationship Among Global Corporate Hyundai Motor Company Stock Price, Hyundai Motor Company Stock Futures Price and Internet Search Trends","authors":"Byungjin Yim","doi":"10.38115/asgba.2023.20.1.188","DOIUrl":"https://doi.org/10.38115/asgba.2023.20.1.188","url":null,"abstract":"This study is an empirical study on the relationship among global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends. In this study we used 1807 daily data of the global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends from January 4, 2016 to December 6, 2022. We try to analyze the mutual influence and the causality between Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends. We wish to analyze the extent of cross-influence. We employ variance decomposition function based on VAR model as well as impulse response after scointegration test and unit root test. An important result of this study are summarized as follows: First of all, raw time series data of global corporate Hyundai Motor company stock price and Hyundai Motor company stock futures price has unit roots. Secondly, the first differential data of the global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends has no unit roots. Third, there is at least one cointegration among the first differential data of global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends. Finally, global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends granger causes global corporate Hyundai Motor company stock price, Hyundai Motor company stock futures price and internet search trends.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129424728","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 : 2023-02-28DOI: 10.38115/asgba.2023.20.1.1
Hong-Yun Jin, M. Kim, H. Wang
Most of the previous studies focused on individual consumption behavior, but ignored the investigation of family consumption behavior. In particular, few studies have explored the influence of children on family consumption from an intergenerational perspective. Based on a survey of post-90s children in China, this research attempts to explore family consumption and purchase patterns under the Internet environment in China, and analyze the relationship between online and offline interaction and family online purchase intention and its underlying mechanism. This study was conducted an empirical analysis based on data collected for college students born after the 90s aged 18 to 25. Through empirical research, the results show that offline intergenerational interactions have a positive impact on family online purchase intention through consumption communication, and consumers’ subjective norm plays a mediating role between consumption communication and family online purchase intention, while consumption recommendation and consumption innovation have no significant effect on family online purchase intention; online social interaction has a positive impact on family online purchase intention through participatory interaction and knowledge interaction, and perceived control plays a mediating role in the influence of participation and knowledge interactions on family online purchase intention, sharing interactions have no significant effect on family online purchase intention. These empirical results implicates that not only enrich family consumption behavior and intergenerational interactions, but also gain insight into family consumption patterns and substantially improve enterprises marketing strategies.
{"title":"중국자녀가 온․오프라인 이중채널 상호작용을 통한 가족 온라인 구매의도에 미치는 영향에 관한 연구","authors":"Hong-Yun Jin, M. Kim, H. Wang","doi":"10.38115/asgba.2023.20.1.1","DOIUrl":"https://doi.org/10.38115/asgba.2023.20.1.1","url":null,"abstract":"Most of the previous studies focused on individual consumption behavior, but ignored the investigation of family consumption behavior. In particular, few studies have explored the influence of children on family consumption from an intergenerational perspective. Based on a survey of post-90s children in China, this research attempts to explore family consumption and purchase patterns under the Internet environment in China, and analyze the relationship between online and offline interaction and family online purchase intention and its underlying mechanism. This study was conducted an empirical analysis based on data collected for college students born after the 90s aged 18 to 25. Through empirical research, the results show that offline intergenerational interactions have a positive impact on family online purchase intention through consumption communication, and consumers’ subjective norm plays a mediating role between consumption communication and family online purchase intention, while consumption recommendation and consumption innovation have no significant effect on family online purchase intention; online social interaction has a positive impact on family online purchase intention through participatory interaction and knowledge interaction, and perceived control plays a mediating role in the influence of participation and knowledge interactions on family online purchase intention, sharing interactions have no significant effect on family online purchase intention. These empirical results implicates that not only enrich family consumption behavior and intergenerational interactions, but also gain insight into family consumption patterns and substantially improve enterprises marketing strategies.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122199891","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 : 2023-02-28DOI: 10.38115/asgba.2023.20.1.121
Sun-Hee Park, Ho-Chul Shin
In order to help the healthy development of infants and young children, the role of childcare teachers who affect infants and young children is important. However, the high turnover rate of childcare teachers can lead to a deterioration in the quality of childcare services. In this study, in order to lower the turnover rate of childcare teachers, emotional intelligence was noted as the cause of turnover intention. In addition, the mediating role of job stress and job satisfaction was verified to identify the process through which the relationship between emotional intelligence and turnover intention is connected. In this study, 224 childcare teachers working in daycare centers were surveyed, and 203 of them were used for analysis. As a result of the analysis, it was confirmed that the emotional intelligence of childcare teachers had a significant effect on turnover intention. In addition, it was found that job stress and job satisfaction had a significant partial mediating effect between emotional intelligence and turnover intention. The theoretical implications of this study confirmed the theoretical model predicting the effect of emotional intelligence on turnover intention. Also, the sequential process of emotional intelligence affecting turnover intention through job stress and job satisfaction was identified. These results are meaningful in that they provide practical implications for preparing a plan to reduce the turnover intention of childcare teachers. Based on these research results, the limitations of this study and future research directions were presented.
{"title":"The Effect of Childcare Teachers’ Emotional Intelligence on Turnover Intention: The Mediating Effect of Job Stress and Job Satisfaction","authors":"Sun-Hee Park, Ho-Chul Shin","doi":"10.38115/asgba.2023.20.1.121","DOIUrl":"https://doi.org/10.38115/asgba.2023.20.1.121","url":null,"abstract":"In order to help the healthy development of infants and young children, the role of childcare teachers who affect infants and young children is important. However, the high turnover rate of childcare teachers can lead to a deterioration in the quality of childcare services. In this study, in order to lower the turnover rate of childcare teachers, emotional intelligence was noted as the cause of turnover intention. In addition, the mediating role of job stress and job satisfaction was verified to identify the process through which the relationship between emotional intelligence and turnover intention is connected. In this study, 224 childcare teachers working in daycare centers were surveyed, and 203 of them were used for analysis. As a result of the analysis, it was confirmed that the emotional intelligence of childcare teachers had a significant effect on turnover intention. In addition, it was found that job stress and job satisfaction had a significant partial mediating effect between emotional intelligence and turnover intention. The theoretical implications of this study confirmed the theoretical model predicting the effect of emotional intelligence on turnover intention. Also, the sequential process of emotional intelligence affecting turnover intention through job stress and job satisfaction was identified. These results are meaningful in that they provide practical implications for preparing a plan to reduce the turnover intention of childcare teachers. Based on these research results, the limitations of this study and future research directions were presented.","PeriodicalId":393783,"journal":{"name":"The Academic Society of Global Business Administration","volume":"27 24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129066479","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}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：