Earticle

This study investigates the relationship between the quality attributes of healthy functional foods in the green BIO industry, custmoer trust, purchase intention and willingness to pay a premium price. For this purpose, a survey was conducted from May 22 to June 5, 2024 targeting people with a history of purchasing health functional foods, and out of a total of 225 respondents, the final 195 copies were purified and used for analysis. The structural equation analysis was used to verify the influence of the relationship between relative factors. Based on the research results, first, this paper confirmed that nutritional quality was identified as the most influential factor among nutritional quality, information quality, brand quality, physical quality and price quality in order. Second, quality attributes had a positive impact on customer trust, but no direct influence on purchase intention and willingness to pay a premium price. Third, customer trust was found to be a factor that had a positive impact on purchase intention and willingness to pay premium. Based on these research results, academic and practical implications are presented.

This paper aims to analyze the impact of ESG activities of KOSPI-listed shipping companies on firm value. Many studies have been conducted to determine the impact of ESG activities on firm value. However, the results of previous studies show mixed results. Therefore, we aim to investigate the impact of ESG activities of KOSPI-listed shipping companies on firm value through empirical analysis. For analysis, KOSPI companies listed on the Korea Exchange from 2010 to 2023 were selected as samples. Firm value was measured using MTB and Tobin’s Q, and ESG activities were measured using the ESG integrated rating of the KCGS. The analysis results showed that ESG activities of KOSPI companies had a positive effect on firm value, but ESG activities of shipping companies had a negative effect on firm value. It is believed that the perception that the shipping industry is closed and unfavorable has led capital market participants to conservatively evaluate the ESG activities of shipping companies(Kim, 2022; Yun, 2022). There are not many studies on ESG activities in specific industries. This paper is meaningful in that it clarified the relationship between ESG activities and firm value of shipping companies that have recently begun to take interest in ESG activities.

The purpose of this study is to investigate and analyze the relationship between Diversity Sensitive Orientation, Psychological Stability and Innovation Behavior focusing on overseas business Five-Star Hotel Employees in Seoul. The survey was conducted for about one month from July 1st to 30th, 2024, and an empirical analysis was conducted using 261 valid samples. Statistical processing of the data collected in this survey was analyzed using the SPSS 26.0 statistical package program. First, as a result of regression analysis for <Hypothesis 1> that diversity sensitive orientation was positively effect on psychological stability. Second, <Hypothesis 2> that psychological stability was positively effect on innovation behavior. Third, <Hypothesis 3> that diversity sensitive orientation was positively effect on innovation behavior. Through this study, we intended to provide practical implications for officials in the hotel industry.

Recently, the world is facing climate change caused by global warming. The world is making efforts to reduce greenhouse gases. Industries that emit a lot of carbon account for a high proportion of Korea's industrial structure. The role of companies is very important. Companies exposed to environmental risks are likely to see their corporate value decrease. It is likely that a lot of research and development spending will be needed to solve this problem. This study investigate the Relationship between environmental risks and corporate R&D expenditures. Environmental risk was measured by greenhouse gas emissions and energy emissions announced by the Ministry of Environment(NGMS). R&D expenditures were measured as the sum of capitalized and non-capitalized R&D expenditures. As a result of the study, groups with high environmental risks spent less on average on research and development than groups with low environmental risks. As a result of regression analysis, environmental risk have a negative relationship with research and development expenditures. In other words, The higher the environmental risk, the less research and development costs are spent. These research results can be interpreted to mean that the more research and development expenditures, the lower the environmental risk. Follow-up research will be needed to determine the effect of R&D expenditures on reducing environmental risks.

In order to resolve disputes through arbitration, an arbitration agreement must be agreed between the parties, and the agreed arbitration agreement must be valid. If the parties object to the validity of an arbitration agreement, arbitration-related laws in major countries, including UNCITRAL Model Law on International Commercial Arbitration, allow the arbitral tribunal to have the right to make a priority decision on it, and the court to conduct a judicial review afterwards. China's arbitration laws and related laws, however, stipulate that if an arbitration party has an objection to the validity of the arbitration agreement, it can raise an objection to the arbitration institution or court before the initial arbitration hearing date. In addition, if one party applies to the court to verify the validity of the arbitration agreement before the first arbitration hearing date, and the other party applies to the arbitration institution for verification of it and the decision is not made, the court has the right to make a priority decision on the validity of the arbitration agreement. China's validity verification system for the arbitration agreement limits the autonomy, speed, and independence of arbitration.

This study aims to develop an integrating model of various factors influencing nuclear energy acceptance. A multi-level approach was utilized to classify various influencing factors into three categories. Various factors affecting nuclear energy acceptance were classified into three levels of category, that is, an individual, a social, and a national level. An individual level includes emotion and subjective knowledge factors, a social level includes subjective norms and media factors, and a national one includes trust factors toward government and nuclear energy management agencies. Six hypotheses are developed regarding these six factors and one hypothesis is established regarding perceived risk and nuclear energy acceptance. Empirical analysis found that four out of six hypotheses are supported except two hypotheses regarding social level factors, and hypothesis regarding perceived risk and nuclear energy acceptance was supported. This study targets the MZ generation’s perception and awareness. As the MZ generation are most aware of the severity of the climate crisis, it will give a useful information to find differences in perception between them and the older generation.

Industrial parks promote the economic conditions by generating social and economic benefits at the company and community levels. Industrial parks which based on industrial agglomeration or economies of scope have greatly promoted economic efficiency by resource sharing, business mutual assistance, and capacity complementarity. This paper employs shift share analysis and BCG techniques to identify factors that cause differences in export and employment performance among domestic regional industrial parks. The shift share analysis shows that for export performances the Gwangju Industrial Park is in a disadvantage to Chungbuk, Busan, Daegu, Gangwon and Incheon Industrial Parks, and is also inferior to Chungbuk, Chungnam, Daejeon, Gangwon, Busan, Daegu and Gyeonggi Industrial Parks in terms of employment performances. This study indicates that combining the results of shift share analysis and BCG analysis, competitiveness has a significant positive effect on exports and employment in the wild cats domain, a significant negative effect on exports and employment in the dogs domain, and a small positive or negative effect on in the cash cow domain.

The international marketing literature suggests that promotion standardization enhances export performance; however, empirical findings on this relationship remain inconsistent, which impedes theoretical advancement. This study contends that the effectiveness of promotion standardization is contingent on specific organizational conditions. Accordingly, this study adopts a contingency perspective and examines the moderating effects of internal and external coordination on the relationship between promotion standardization and firms’ export performance. Using survey data collected from Korean exporters, the study demonstrates that promotion standardization plays a crucial role in improving export performance. Furthermore, the findings reveal that the benefits of promotion standardization are particularly pronounced in firms exhibiting high levels of external coordination. By introducing the role of internal and external coordination on the standardizationperformance link, this paper provides valuable insights for both scholars and practitioners in the field of international marketing.

This study examines the key competencies of social enterprises based on their value orientations, categorized as (1) economic, (2) social, and (3) mixed value orientations. Using data from a 2023 Social Performance Incentive (SPC) Enterprise Survey of 238 social enterprises, the study examines how these competencies relate to organizational performance. For economic value-oriented enterprises, marketing competency (H3) and continuous improvement competency (H9) significantly influence both financial and non-financial performance. For social value-oriented firms, production and operations management competency (H12), marketing competency (H13), and continuous improvement competency (H14) positively affect financial performance, while strategic planning competency (H16) and production management competency (H17) significantly affect non-financial performance. Mixed value firms show that strategic planning (H21) and marketing competency (H23) are critical for financial performance, while strategic planning (H26), continuous improvement (H29), and collaboration competency (H30) are essential for non-financial outcomes. These findings provide practical and theoretical insights to help social enterprises prioritize competencies aligned with their value orientation to improve organizational performance.

As the use of digital technologies such as IoT, AI, big data, and cloud computing spreads, the importance of data is increasing. Data is a key resource that determines the competitiveness of a company and the lifeline of the digital economy. Therefore, to activate digital trade, data must be freely transferred across borders. However, many countries are gradually strengthening regulations on cross-border data transfer to protect personal information. Therefore, to activate digital trade, it is necessary to find appropriate measures to protect personal information while ensuring cross-border data transfer. This paper examines major issues discussed in the field of digital trade, such as cross-border data transfer, data localization, and source code. We propose Korea’s response strategies to key issues related to cross-border data transfer, such as reorganizing Korea’s digital trade-related laws and regulations, improving digital trade-related policies and systems, actively responding to major countries’ digital trade policies, and utilizing digital trade agreements.

Global environmental regulations, such as the Carbon Border Adjustment Mechanism (CBAM), have accelerated the green transformation of export-oriented manufacturing industries. While regulatory policies are recognized as pressure-driven motivators for adopting green practices, the role of government support as an inducement-driven motivator, especially for small and medium-sized enterprises (SMEs), remains underexplored. This study aims to examines how government technical support integrates green technologies into SMEs’ supply chain management and its impact on sustainable performance. A questionnaire, based on prior studies, was distributed using directories from the Shandong Provincial Foreign Trade and Manufacturing Associations. A total of 284 valid responses were analyzed with SPSS 28.0 and Process Macro 3.5. The Key findings reveal that government technical support enhances SMEs’ sustainable performance by improving external and internal technological innovations in green supply chain management. Furthermore, external innovations strengthen sustainable performance by moderating the effectiveness of internal innovations. This study highlights the measurable impact of government support and its role in fostering green supply chain innovation. It provides empirical evidence and policy recommendations for SMEs to better meet international environmental regulations.

This study aims to understand the impact of fashion consumption values, fashion climate environmental knowledge, climate crisis cognition, and climate change concern on fashion-specific climate environmental behavior. An online survey was conducted with 450 adult women aged 20 to 49. Fashion-specific climate environmental behavior was derived into two factors: product behavior and management behavior, and regression analysis was conducted using these as dependent variables. Among fashion consumption values, altruistic values positively influenced product climate environmental behavior, while economic and altruistic values positively influenced management climate environmental behavior. Fashion climate environmental knowledge and climate change concern positively influenced both product and management climate environmental behavior, whereas climate crisis cognition only influenced management climate environmental behavior. Educational efforts to enhance fashion consumers’ climate environmental knowledge and concern are expected to positively change fashion climate environmental behavior, ultimately providing solutions to the current climate crisis. This study has academic significance in empirically identifying the causal relationships between fashion-specific climate environmental behavior and various variables in a situation where the sense of crisis regarding climate change is intensifying, and it is expected that various perspectives of research utilizing this can be conducted.

This study aims to examine how cognitive motivation affects innovative work behavior through work attitude including knowledge sharing and work engagement. A survey was conducted on office workers and empirical analysis was conducted using structural equation modeling (SEM). In the results, it is shown that cognitive motivations including psychological well-being, interpersonal conflict, and team cohesion influenced innovative work behaviors through the mediation of work attitude, such as knowledge sharing and work engagement. In other words, employees with high psychological well-being were more likely to actively share knowledge and be deeply engaged in their work. On the other hand, it is found that interpersonal conflict negatively affected knowledge sharing and hindered innovative work behaviors. In addition, leader-member exchanges had a positive impact on knowledge sharing and work engagement, while also contributing to innovative work behaviors. These findings suggest that individual cognitive motivation is a crucial factor in driving innovative work behavior among organizational members, as well as in effective human resource management and innovation strategies.