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Influence of ESG on corporate resilience in hyper-uncertainty markets like early COVID-19 在COVID-19早期等高度不确定性市场中,ESG对企业弹性的影响
Pub Date : 2022-08-31 DOI: 10.29274/ews.2022.34.3.103
Jeeyun Yoon, Kyoungmi Lee, J. Kim, Jae-Suk Yang
Recently companies are complying with ESG, a social responsibility, and corporate stakeholders are using it as a standard for corporate evaluation. In a situation where unexpected social and economic uncertainty is rapidly increasing, corporate managers expect that ESG activities will increase their organizational resilience. In this study, we test whether Korean companies’ ESG activities affect their resilience in a market with increased uncertainty by the outbreak of COVID-19. We analyze the relationship between ESG ratings and corporate stock values and volatility for 640 companies listed in the KOSPI and KOSDAQ at a time when the financial market collapsed due to the initial spread of COVID-19. We find that the governance(G) index and the economic value of a company had a positive correlation and the social(S) index had a negative relationship. In the case of Korea, since active discussion on ESG began from 2020, the effect of ESG was not significant compared to overseas cases.
最近,企业纷纷履行社会责任ESG,企业利益相关者也将其作为评价企业的标准。在意想不到的社会和经济不确定性迅速增加的情况下,企业管理者期望ESG活动将增加他们的组织弹性。在本研究中,我们测试了韩国公司的ESG活动是否会影响其在COVID-19爆发增加不确定性的市场中的弹性。我们以因新冠肺炎(COVID-19)的初期扩散而导致金融市场崩溃的情况下,在KOSPI和KOSDAQ上市的640家企业为对象,分析了ESG评级与股价和波动率之间的关系。我们发现治理(G)指数与公司经济价值呈正相关,社会(S)指数与公司经济价值呈负相关。韩国从2020年开始积极讨论ESG,与国外相比,ESG的效果并不显著。
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引用次数: 0
A Study on the Change and Development of Comparative Political Studies in Korea(1955-2020): Focused on Researchers 韩国比较政治研究的变迁与发展研究(1955-2020):以研究者为中心
Pub Date : 2022-08-31 DOI: 10.29274/ews.2022.34.3.5
Myungsoon Shin
This article analyzes the change and development of comparative political studies in Korea from 1955 to 2020. The study analyzes 6,753 research articles published in 277 academic journals. Firstly, the number of articles was fairly low at 547 and the number of researchers was 327 during the period from 1955 to 1980. Then it increased to 1,965 and 1,084 during the period from 1981 to 2000. It has now increased immensely to 4,241 and 1,789 from 2001 to 2020. Secondly, when we divide the research period by decade, the most productive researcher published 6 articles during the 1950 60s and 8 articles during the 1970s. The numbers were 8 articles during the 1980s and 9 articles during the 1990s. Remarkably, this number has increased up to 37 articles during the 2000s and 28 articles during the 2010s. Thirdly, when we investigate whether a productive researcher publishes a numerous number of articles consecutively over two decades, 36.6% of productive researchers during the 1950 60s continuously published a similar number of articles in the 1970s The percentages were 25% in the 1980s, 12.73% in the 1990s, and 20.75% in the 2000s. This percentage has increased incredibly to 45% during the 2010s. In conclusion, comparative political studies in Korea expanded in the number of articles and researchers during the 1980s and has optimistically developed and matured into higher quantity research since 2000s.
本文分析了1955年至2020年韩国比较政治研究的变化与发展。该研究分析了277个学术期刊上发表的6753篇研究论文。首先,1955年至1980年期间,论文数量较低,为547篇,研究人员人数为327人。然后在1981年至2000年期间增加到1965年和1084年。从2001年到2020年,这一数字已大幅增加到4241个和1789个。其次,当我们将研究时期按十年划分时,最多产的研究者在20世纪50年代发表了6篇文章,在70年代发表了8篇文章。这个数字在80年代是8篇,在90年代是9篇。值得注意的是,这一数字在2000年代增加到37篇,在2010年代增加到28篇。第三,当我们调查一个高产研究者是否在20年内连续发表大量文章时,在20世纪50年代,36.6%的高产研究者在20世纪70年代连续发表了类似数量的文章,这一比例在20世纪80年代为25%,90年代为12.73%,2000年代为20.75%。这一比例在2010年代令人难以置信地增加到45%。综上所述,韩国的比较政治研究在20世纪80年代的文章数量和研究人员数量上都有所扩大,并在21世纪初乐观地发展并成熟为更高数量的研究。
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引用次数: 0
Korean Perceptions of Czechoslovakia’s Charta 77: Focusing on Korean Media Reports 韩国人对捷克斯洛伐克“77号宪章”的看法——以韩国媒体报道为中心
Pub Date : 2022-08-31 DOI: 10.29274/ews.2022.34.3.71
Joonseok Yang
This study analyzes the development process of Czechoslovakia’s Charta 77 and Korean perceptions of the Czechoslovak liberalization movement in 1977 based on media materials. Charta 77, published on January 1977, was a Czechoslovak dissident movement that emphasized non-political purposes and human rights motives. The media of the Republic of Korea(ROK) quickly and concretely reported on the suppression of the human rights of those involved in Charta 77 by the Czechoslovak government, with particular attention to the reactions of countries around the world to human rights issues in Eastern Europe. The People’s Republic of China supported Charta 77 and called it a “new Prague Spring.” The United States also broke with the principle of nonintervention in human rights issues in Eastern Europe and strongly criticized violations of human rights and freedoms there. The media of the ROK continued to report on the trend toward liberalization from Charta 77 until the Velvet Revolution in 1989. In particular, in analyzing the causes of Charta 77, ROK media cited Czech intellectuals’ longing for democracy and internal conflicts within the communist forces that resisted the dictatorship of the proletariat. While multi-layered reports on Charter 77 in the ROK progressed quickly, the Democratic People’s Republic of Korea(DPRK) reported in detail on the 1968 Prague Spring, but there were no reports in DPRK on Charta 77 during the worsening economic crisis of the late 1970s.
本研究以媒体资料为基础,分析捷克斯洛伐克“七七宪章”的发展过程,以及韩国人对1977年捷克斯洛伐克自由化运动的看法。1977年1月发表的《七七宪章》是捷克斯洛伐克的一场持不同政见者运动,强调非政治目的和人权动机。大韩民国(韩国)的新闻媒介迅速而具体地报道了捷克斯洛伐克政府镇压《77号宪章》所涉人员的人权,并特别注意到世界各国对东欧人权问题的反应。中华人民共和国支持《七七宪章》,称其为“新布拉格之春”。美国还打破了不干涉东欧人权问题的原则,强烈批评东欧侵犯人权和自由的行为。韩国媒体从《七七宪章》开始一直报道自由化趋势,直到1989年的天鹅绒革命。韩国媒体在分析“77号宪章”的原因时,特别提到了捷克知识分子对民主主义的渴望和反对无产阶级专政的共产主义势力内部的矛盾。虽然韩国对《七七宪章》的多层次报道进展迅速,但朝鲜民主主义人民共和国对1968年布拉格之春进行了详细报道,但在20世纪70年代末经济危机不断恶化的情况下,朝鲜没有关于《七七宪章》的报道。
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引用次数: 0
The Evolution and Characteristics of the Ukrainian Oligarchs’ Political Influence 乌克兰寡头政治影响的演变与特征
Pub Date : 2022-08-31 DOI: 10.29274/ews.2022.34.3.37
Tae Yon Kim
The aim of this article is to analyze the processes in which the Ukrainian oligarchs have come to gain political influence and the characteristics that the Ukrainian oligarchs’ political influence has exhibited in these processes. The Ukrainian oligarchs’ political influence began to evolve since the late Soviet era and at first it was defensive against and dependent upon state power, but from the late 1990s it began to convert into powerful one that was exercised behind the scenes in formal politics. The Ukrainian oligarchs’ political influence reveals the following characteristics: initially its development was affected by the Soviet heritage; it has mediational, indirect and informal characters since the late 1990s; and it is based upon the oligarchs’ flexible coalition or connections formation.
本文的目的是分析乌克兰寡头获得政治影响力的过程,以及乌克兰寡头政治影响力在这些过程中所表现出的特点。乌克兰寡头的政治影响力自苏联后期开始演变,起初是对国家权力的防御和依赖,但从20世纪90年代末开始,它开始转变为在正式政治的幕后行使的强大影响力。乌克兰寡头政治影响表现出以下特点:最初其发展受到苏联遗产的影响;自20世纪90年代末以来,它具有中介性、间接性和非正式性的特征;它是建立在寡头们灵活的联盟或联系形成的基础上的。
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引用次数: 0
South Korea’s Evolving Balanced Diplomacy and China: A Discourse and Big Data Analysis of President Moon Jae-in’s Perception 演进中的韩国均衡外交与中国——文在寅总统认知的话语与大数据分析
Pub Date : 2022-06-30 DOI: 10.29274/ews.2022.34.2.199
Suyoung Hwang, Seung-Hwan Suh
What is the strategy that made the Moon Jae-in administration maintain a 'balanced diplomacy', thus far? Regarding this, the views of Seoul's allies were negative and sometimes harsh. This paper tries to reveal the substance of Seoul's strategic position and its China policy by analyzing Moon's perception of national security. Here, the term of national security is assumed to have four aspects: existential threat, structural threat, economic secutiry, and political security. As a research methodology, we mainly used discourse and big data analysis. The results revealed that Moon's perception of China stood out for his pragmatism in flexibly responding to the external changes. In terms of national interests, he wanted to secure China's cooperation on the Korean Peninsula issue, ensure diplomatic and security autonomy against the US-China competition, hedge against various economic threats, and overcome domestic confrontation between progressives and conservatives. If we look at Moon's perception considering the meanings of balance, he shows a strong reluctance to outright power politics by great powers, an unexpectedly indifferent attitude toward the negative impact of the US-China competition on the stability and peace of Northeast Asian and the peninsula, and a strong desire to improve the poor distribution of power through national capacity building.
文在寅政府至今维持“均衡外交”的战略是什么?对此,盟国的看法是否定的,有时甚至是严厉的。本文试图通过分析文在寅总统的国家安全观,揭示韩国的战略定位和对华政策的实质。在这里,我们假设国家安全一词有四个方面:生存威胁、结构性威胁、经济安全和政治安全。作为研究方法,我们主要使用话语和大数据分析。结果显示,文在寅对中国的看法体现了灵活应对外部变化的实用主义。在国家利益方面,他希望在韩半岛问题上获得中国的合作,在美中竞争中确保外交和安全自主权,防范各种经济威胁,克服国内进步和保守之间的对立。如果从平衡的意义上来看,文在寅对大国赤裸裸的强权政治表现出强烈的反感,对美中竞争给东北亚和韩半岛的稳定与和平带来的负面影响表现出出乎意料的冷漠态度,对通过国家能力建设改善权力分配不平衡的强烈愿望。
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引用次数: 0
The Effectiveness of UNSC Economic Sanctions on Byungjin Policy, 2013-2019 2013-2019年联合国安理会经济制裁对北韩政策的影响
Pub Date : 2022-06-30 DOI: 10.29274/ews.2022.34.2.123
Su-Hyun Cho, Yongho Kim
This article concludes that UNSC economic sanctions on Byungjin Policy were effective in US-North Korea Hanoi Summit, investigating Kim Jong Un’s decision making to pursuit summit diplomacy was motivated by the urgency of sanctions lift. It can be presumed that Kim’s cost-benefit calculation pursuing his political survival, which is the top priority of the North Korean foreign policy, can be worked via not a nuclear programme but an economic improvement along with US-NK normalization. To empirically confirm research hypothesis whether UNSC sanctions coerced the failure of Byungjin Policy, this article investigated the correlation both Byungjin Policy and UNSC sanctions in 2013-2019. As a result, it is probable that dictator Kim would determine a strategic trade-off between dismantling Yongbyon nuclear facility and UNSC sanctions lift to secure economic improvement, which is a preliminary affair to prolonging his tenure in office. Given the effectiveness of UNSC sanctions on Byungjin policy, economic pressure on North Korean regime was at least effective to induce Kim’s recalibration as to political survival although economic sanctions hardly coerce North Korea’s denuclearization.
文章认为,安理会对北韩的经济制裁在河内朝美首脑会谈中发挥了作用,并分析了金正恩在解除制裁的紧迫性下进行首脑外交的决定。可以推测,北韩外交政策中最优先考虑的政治生存的金委员长的成本效益计算,不是通过核项目,而是通过经济改善和美朝正常化来实现。为了实证验证联合国安理会制裁是否导致了平壤政策失败的研究假设,本文对2013-2019年平壤政策与联合国安理会制裁的相关性进行了研究。因此,金正恩很可能会在宁边核设施拆除和解除安理会制裁之间进行战略权衡,以确保经济改善,这是他延长任期的准备工作。考虑到安理会制裁对北韩政策的有效性,虽然经济制裁很难迫使北韩无核化,但对北韩施加经济压力,至少对促使金正恩重新考虑政治生存起到了作用。
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引用次数: 0
International Politics of Multinational Forces Dispatch in Iraq War: Focusing on ‘Alliance Relationship’ and ‘Security Orientation’ 伊拉克战争多国部队派遣的国际政治:以“同盟关系”和“安全取向”为中心
Pub Date : 2022-06-30 DOI: 10.29274/ews.2022.34.2.5
Youngin Kim
The Iraq war led by the United States in 2003 was a war that failed to secure a UN Security Council resolution. As a result, countries that were asked to send multinational forces from the United States had difficulty in dispatch policy processes. This study paid attention to ‘alliance relationship’ and ‘security orientation’ as determinants of multinational forces dispatch policy. In addition, empirical case analysis was conducted on Japan, Korea, Canada, and Germany, which were requested to dispatch multinational forces during the Iraq War. As a result of the analysis, the alliance relationship factor determined whether countries would participate in multinational forces dispatch, and the security orientation factor determined the actual aspect of multinational forces dispatch.
2003年由美国领导的伊拉克战争是一场未能获得联合国安理会决议的战争。因此,被要求从美国派遣多国部队的国家在派遣政策过程中遇到困难。本研究关注“联盟关系”和“安全取向”作为多国部队派遣政策的决定因素。此外,还以伊拉克战争时被要求派遣多国部队的日本、韩国、加拿大、德国为对象,进行了实证分析。通过分析可知,联盟关系因素决定了各国是否会参与多国部队派遣,安全取向因素决定了多国部队派遣的实际方面。
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引用次数: 0
The Strategies and Policies for Consolidation of the Liberal Democracy in Poland since 2005: Focusing on the Governments of PiS and PO 2005年以来波兰自由民主巩固的战略与政策:以PiS和PO政府为中心
Pub Date : 2022-06-30 DOI: 10.29274/ews.2022.34.2.93
Kyung-Mi Kim
This paper analyzes the consolidation of liberal democracy in Poland after 2005 based on the system transition stage theory. The nine indicators are selected for it: the guarantee of basic rights, the separation of powers, the government changes by elections, the existence of non-official power groups, the stabilization of the political party system, the operation of the market, the guarantee of private property rights, economic development, the development of civil society, the spread of democratic political culture, and a fair free media. Since PiS took power in 2015, the independence of the judiciary has been greatly threatened through reforms to the constitutional order. The basic rights guaranteed in the constitution were also limited by the enactment and revision of the Police Act, the Anti-Terrorism Act, and the Assembly Act. The changes of government through elections have been successfully implemented since the system transition in 1989, but the party system has not been stabilized due to the merger and division between parties. Almost all economic indicators in the economic sphere show that Poland has succeeded in its transition to the market economy system. Polish civil society has gradually increased its power. PiS is increasing its control over the media through the amendments of related laws. Overall, during the PiS rule, the consolidation of liberal democracy is regressing.
本文以制度过渡阶段理论为基础,分析了2005年后波兰自由民主的巩固过程。9个指标分别是:基本权利的保障、权力的分立、通过选举产生的政权更迭、民间权力集团的存在、政党制度的稳定、市场的运转、私有财产权的保障、经济的发展、市民社会的发展、民主政治文化的传播、公平的自由媒体。自2015年PiS掌权以来,司法独立因宪法秩序改革而受到极大威胁。《警察法》、《反恐法》、《集会法》的制定和修改也限制了宪法保障的基本权利。自1989年体制转型以来,通过选举进行的政府更迭成功实施,但由于政党之间的合并和分裂,政党制度并没有稳定下来。经济领域的几乎所有经济指标都表明,波兰已成功地向市场经济体制过渡。波兰公民社会的力量逐渐增强。PiS正在通过修改相关法律,加强对媒体的控制。总的来说,在PiS执政期间,自由民主主义的巩固正在倒退。
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引用次数: 0
A Study on the Transition of Training Program in Korea Military Academy(KMA) : Focusing on the Professionalization of Samuel P. Huntington 韩国军校训练计划转型研究——以亨廷顿的专业化为中心
Pub Date : 2022-06-30 DOI: 10.29274/ews.2022.34.2.33
Jung-Joon Choi
This study firstly identified the key subjects and contents of education of the Korea Military Academy(KMA) from 1946 to the present and analyzed by applying the elements of Samuel P. Huntington's military professionalization. The training process for cadets of the KMA can be divided into four periods. First, the introduction period of professionalization(1946-1950) continued its efforts to train elite officers as a regular Military Academy despite poor conditions for professionalization. However, due to the outbreak of the Korean War, these efforts were stopped and did not bear fruit. Second, the beginning of professionalization(1951-1960) was the first step toward professionalization when the regular four-year Military Academy was reopened during the Korean War. Although it began by imitating the system of the U.S. Military Academy(USMA), an educational system for military schools with military expertise as a beginner commander and national guardianship began to be established. Third, in the period of professionalization development(1961-1980), due to North Korea's frequent armed provocations and participation in the Vietnam War, graduates of the military history had the opportunity to participate in the war, and their experience factors were reflected in the military history curriculum. The spirit of sacrifice and patriotism shown by the graduates of the KMA served as an example for the cadets to establish a view of the state and life. Fourth, in the period of settlement(1981-present), various educational programs were implemented to establish new education courses to keep pace with the rapidly changing security environment, internationalization, and information age. As such, it can be seen that the training process of the KMA has gradually changed from simply training officers to systematic education for professionalization. Based on the results of future research, it will be possible to more clearly see the impact of each military academy's education on professionalization by comparing and analyzing the training education system of Naval and Air Force academies.
本研究首先对韩国军校1946年至今的教育重点科目和内容进行梳理,并运用亨廷顿军事职业化理论的要素进行分析。军校学员的训练过程可分为四个阶段。首先,职业化的引入时期(1946-1950)尽管职业化的条件很差,但作为正规军事学院继续努力培养精英军官。然而,由于朝鲜战争的爆发,这些努力被停止,没有结果。第二,专业化的开始(1951 ~ 1960年)是6•25战争时期重新开放正规的4年制陆军士官学校,这是迈向专业化的第一步。虽然一开始是模仿美国陆军士官学校(USMA)的体制,但后来逐渐形成了以初级司令官、国民监护等军事专门知识为主的军校教育体制。第三,在专业化发展时期(1961-1980年),由于朝鲜频繁的武装挑衅和越南战争的参与,军事史专业的毕业生有机会参与战争,他们的经验因素在军事史课程中得到体现。士官院毕业生们表现出的牺牲精神和爱国主义精神,为学员们树立国家观和人生观树立了榜样。第四,在殖民时期(1981年至今),实施了各种教育计划,建立新的教育课程,以适应快速变化的安全环境,国际化和信息化时代。由此可见,KMA的培训过程已经从单纯的军官培训逐渐转变为系统化的职业化教育。在未来的研究成果基础上,通过对海空军院校训练教育体系的对比分析,可以更清晰地看到各军校教育对专业化的影响。
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引用次数: 0
The Marine Cooperation between Korea and China as a Policy Network: Focusing on the Maritime Boundaries 以海洋边界为中心的韩中海洋合作政策网络
Pub Date : 2022-06-30 DOI: 10.29274/ews.2022.34.2.165
J. Suk, Chang-Gun Park
This study sheds light on what forms have been developed to institutionalized collaboration over both governments over the maritime boundaries between Korea and China, private maritime cooperation, and the policy network. The focus of this study is to analyze the governments and the main areas and actors of the cooperation of private organizations through the concept of the policy network and suggests the policy measures for the association. Specifically, the process of discussion or policy implementation related to the maritime cooperation between Korea and China led to the following results. First, the maritime cooperation between Korea and China has been promoted by regular conferences and accords between both governments. The discussion of the maritime cooperation between both countries has been diversified in areas and objects, such as regular conferences for the maritime boundaries, and the debate being prompted for the maritime business, science, technologies, nature, and environmental cooperation. Second, the various associates not only the central government but also non-government and private organizations have attempted to seek marine cooperation. According to the private marine organizations, they established marine cooperation comprehensively through long-term joint research and interactions between researchers. This is because private cooperation including the governments has prompted multilateral cooperation and manifested the specific outcomes in the marine science-technology. In other words, this study argues that it is needed to establish a mid-to-long-term and comprehensive maritime government, noting that the areas and actors in marine cooperation in government and private organizations are diversified.
该研究揭示了两国政府就韩中海上边界、民间海上合作、政策网络的制度化合作形式。本研究的重点是通过政策网络的概念分析政府与民间组织合作的主要领域和行动者,并提出民间组织合作的政策措施。具体来说,在韩中海上合作相关的讨论或政策实施过程中,产生了以下结果。首先,韩中两国通过定期的会议和政府间的协议,推动了海洋合作。两国间的海洋合作讨论在领域和对象上呈现出多样化的趋势,如定期召开海洋边界会议、海洋事业、科学技术、自然、环境合作等。其次,不仅是中央政府,还有非政府组织和民间组织都试图寻求海洋合作。据民间海洋团体透露,他们通过长期的共同研究和研究员之间的互动,全面建立了海洋合作关系。这是因为包括政府在内的民间合作促进了多边合作,并在海洋科学技术方面体现了具体成果。换句话说,本研究认为有必要建立一个中长期和全面的海洋政府,并指出政府和民间组织海洋合作的领域和行动者是多样化的。
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引用次数: 0
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Journal of East and West studies
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