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Available. Open Access. Open Access
Article
Publication date: 4 November 2020

Dae Jin Kang and Soo-Hyun Kim

The capital asset pricing model has failed to explain the effect of systematic risk (referred to as beta) on actual stock market returns. Accordingly, this study analyzes daily…

1301

Abstract

Purpose

The capital asset pricing model has failed to explain the effect of systematic risk (referred to as beta) on actual stock market returns. Accordingly, this study analyzes daily returns by splitting it into overnight and daytime returns. The study analysis empirically confirms a positive relationship between overnight returns and beta and a negative relation between daytime returns and beta. Furthermore, this paper aims to determine that empirical results are mostly the same with three different beta calculations, namely, daily, overnight and daytime returns. The study concludes that beta on overnight returns has the strongest explanatory power and is statistically significant.

Details

Journal of Derivatives and Quantitative Studies: 선물연구, vol. 28 no. 4
Type: Research Article
ISSN: 1229-988X

Keywords

Available. Open Access. Open Access
Article
Publication date: 10 September 2021

Jun Sik Kim and Sol Kim

This paper investigates a retrospective on the Journal of Derivatives and Quantitative Studies (JDQS) on its 30th anniversary based on bibliometric. JDQSs yearly publications…

1744

Abstract

This paper investigates a retrospective on the Journal of Derivatives and Quantitative Studies (JDQS) on its 30th anniversary based on bibliometric. JDQSs yearly publications, citations, impact factors, and centrality indices grew up in early 2010s, and diminished in 2020. Keyword network analysis reveals the JDQS's main keywords including behavioral finance, implied volatility, information asymmetry, price discovery, KOSPI200 futures, volatility, and KOSPI200 options. Citations of JDQS articles are mainly driven by article age, demeaned age squared, conference, nonacademic authors and language. In comparison between number of views and downloads for JDQS articles, we find that recent changes in publisher and editorial and publishing policies have increased visibility of JDQS.

Details

Journal of Derivatives and Quantitative Studies: 선물연구, vol. 29 no. 4
Type: Research Article
ISSN: 1229-988X

Keywords

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Article
Publication date: 1 December 1996

Chang Kyu Park, Dae Hoon Lee and Tae Jin Kang

Focuses on Korean garment manufacturing and the feasibility and benefits of introducing an expert system. Reviews previous literature on knowledge‐based system and describes in…

630

Abstract

Focuses on Korean garment manufacturing and the feasibility and benefits of introducing an expert system. Reviews previous literature on knowledge‐based system and describes in detail the stages followed in developing, constructing, testing, evaluating, integrating, implementing and maintaining the expert system. Concludes that an expert system could be used to solve various garment manufacturing problems and would contribute to garment quality improvement through a standardized apparel production process.

Details

International Journal of Clothing Science and Technology, vol. 8 no. 5
Type: Research Article
ISSN: 0955-6222

Keywords

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Article
Publication date: 1 February 2004

Kiyoung Kim

This paper, in face of the increasing interconnectivity between local and global, has attempted to retrospect the critical moment of Korean society under Tae‐woo Rho (1988–93…

176

Abstract

This paper, in face of the increasing interconnectivity between local and global, has attempted to retrospect the critical moment of Korean society under Tae‐woo Rho (1988–93) regime, in which Korea struggled for fundamental reforms of the earlier centrally controlled state system through economic rationalization and labor flexibilization. During that juncture of Korean history, neo‐liberalization under the influence of Fordian decline was a governing theme behind the Korean economy's policy formation as well as labor agenda. This reliance of government on the neo‐liberal pillar has made an impact on the subsequent leaderships under Young Sam Kim (1993–1998) and Dae Jung Kim (1998‐present). After briefly reviewing the major aspect of Korean economy and labor problems surrounding the financial crisis of East Asia around 1998, the international influence of Fordian decline and neo‐liberalization as a Korean alternative has been discussed.

Details

International Journal of Development Issues, vol. 3 no. 2
Type: Research Article
ISSN: 1446-8956

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Article
Publication date: 1 August 1997

Chang Kyu Park, Dae Hoon Lee and Tae Jin Kang

The AATCC grades of seam pucker do not provide sufficient information for analysing and solving the problems. Develops a new measurement system which redefines seam pucker with…

437

Abstract

The AATCC grades of seam pucker do not provide sufficient information for analysing and solving the problems. Develops a new measurement system which redefines seam pucker with shape parameters and evaluates it using artificial intelligence. New standards of seam pucker with five shape parameters were developed. Shows that prediction and optimization for seam pucker are possible using these means. The system has already been employed in men’s suit manufacture.

Details

International Journal of Clothing Science and Technology, vol. 9 no. 3
Type: Research Article
ISSN: 0955-6222

Keywords

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Article
Publication date: 30 August 2013

Dongmin Kye, Jeongeun Lee and KangDae Lee

This paper aims to explore the perceived impact of packaging logistics on the efficiency of freight transportation (EOT), and examine the interaction and relationship between…

3892

Abstract

Purpose

This paper aims to explore the perceived impact of packaging logistics on the efficiency of freight transportation (EOT), and examine the interaction and relationship between packaging logistics and EOT.

Design/methodology/approach

The paper set up the conceptual model with seven hypotheses from the findings of previous literatures, and this model was tested with data and SEM.

Findings

The paper provided empirical insights about the perceived impact of packaging logistics on EOT and clarified the relative impact levels in the relationship between packaging logistics and EOT.

Research limitations/implications

In spite of the chosen research approach, the perceived impact of information system on EOT may lack generalisability. Therefore, researchers are encouraged to test the proposed propositions in further studies.

Practical implications

Findings of this study can be used by practioners to improve EOT and by researchers to investigate further studies.

Originality/value

The paper fulfilled a need from previous literatures to clarify the interaction and relationship between packaging logistics and EOT.

Details

International Journal of Physical Distribution & Logistics Management, vol. 43 no. 8
Type: Research Article
ISSN: 0960-0035

Keywords

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Book part
Publication date: 9 May 2022

Tobin Im

Abstract

Details

Transformation of Korean Politics and Administration: A 30 Year Retrospective
Type: Book
ISBN: 978-1-80382-116-0

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Article
Publication date: 1 April 2006

Byoungho Jin and Hwy‐Chang Moon

The Korean textiles and apparel‐related industry has played a major role in the country's development; however, this sector's competitiveness is decreasing due mainly to labor…

16613

Abstract

Purpose

The Korean textiles and apparel‐related industry has played a major role in the country's development; however, this sector's competitiveness is decreasing due mainly to labor costs. As with the country's economic development, the new sources of competitive factors need to be strategically developed and cultivated. The purpose of this study is to explore what constitutes a country's competitiveness in the global apparel market after losing its labor competitiveness and how a country effectively achieves it.

Design/methodology/approach

This study employs two competitiveness models, Porter's diamond model and a generalized double diamond model, as a theoretical framework. Along with two theoretical models, this study employs extensive literature reviews, examples of successful firms, and four interviews with field practitioners in the Korean apparel industry.

Findings

Beginning with Porter four determinants (factor conditions, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry), new sources of competitive advantage factors are suggested for the evolving industry. The generalized double diamond model incorporates international activities, which may occur either within a country or outside a country. Utilizing generalized double diamond model, the future directions and solutions for the industry with the identified new competitive factors were suggested.

Originality/value

Based on the models and the identification of new competitive factors, the Korean apparel industry is reviewed, and recommendations are made for its continued growth in the global marketplace. Implications pertaining to the creation of a dynamic self‐reinforcing diamond system were also suggested.

Details

Journal of Fashion Marketing and Management: An International Journal, vol. 10 no. 2
Type: Research Article
ISSN: 1361-2026

Keywords

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Article
Publication date: 14 June 2018

Jin-Wook Choi

The purpose of this paper is to examine how corruption has changed over time in South Korea and to explore how the corruption control and prevention efforts of the Korean…

569

Abstract

Purpose

The purpose of this paper is to examine how corruption has changed over time in South Korea and to explore how the corruption control and prevention efforts of the Korean government have been successful and failed.

Design/methodology/approach

This paper draws on institutional theory to formulate a qualitative analysis to assess the effectiveness of anti-corruption policies and measures, and to identify the strengths and weaknesses of anti-corruption reform efforts in South Korea.

Findings

This paper argues that while the Korean government has been quite successful in building anti-corruption institutions to control low-level petty corruption, it has failed to institutionalize anti-corruption institutions to curb high-level grand corruption.

Originality/value

While many studies have attempted to identify the successful factors of fighting corruption, this paper draws a theoretical distinction between institution-building vs institutionalization to examine the success and failure of corruption control and prevention efforts in South Korea.

Details

Asian Education and Development Studies, vol. 7 no. 3
Type: Research Article
ISSN: 2046-3162

Keywords

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Article
Publication date: 8 December 2023

Md Sohel Chowdhury, H.M. Moniruzzaman, Nusrat Sharmin Lipy and Dae-seok Kang

Drawing on signaling and social identity theories, the main objective of this paper is to suggest and validate a research framework to investigate the association of corporate…

270

Abstract

Purpose

Drawing on signaling and social identity theories, the main objective of this paper is to suggest and validate a research framework to investigate the association of corporate social responsibility (CSR) perceptions with organizational attractiveness by uncovering the underlying mechanism of organizational trust.

Design/methodology/approach

By conducting regression analysis, the study hypotheses were tested with the data collected from a snowball convenient sample of 318 potential job seekers.

Findings

The study results revealed that prospective applicants' perceptions about a company's CSR undertakings are significantly associated with their trust in and attraction to the company. Noticeably, organizational trust partially mediated the direct relationship between CSR perceptions and organizational attractiveness.

Research limitations/implications

Based on the study results, some specific theoretical advancements and helpful insights have been highlighted for human resources (HR) practitioners in today's competing organizations. The paper ends by outlining key research drawbacks and directions for possible work in the future.

Originality/value

Despite the plausible underlying role of organizational trust in the link between CSR and organizational attraction, empirical studies of this theoretical phenomenon are still lacking in the context of pre-hire recruitment literature. This may be the first study that identifies organizational trust as a salient psychological factor through which job seekers' CSR perceptions become more instrumental in influencing their attraction to a firm.

Details

South Asian Journal of Business Studies, vol. 13 no. 4
Type: Research Article
ISSN: 2398-628X

Keywords

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