Abstract This study investigates how institutional origin affects the dot tax haven (DTH) internationalization of Chinese family firms (FFs). Drawing on theory and mixed gamble perspective, we propose that restructured FFs (RFFs), originating from state-owned enterprises (SOEs), are more likely to engage in DTH than entrepreneurial directly established by founders. propensity is attributed legacies inherited their SOE predecessors, which create a distinct potential gain-loss calculus. Our...

This study examines the impact of advertising to determine whether expenditure after economic shocks is associated with hospitality firm performance. Using ordinary least squares (OLS) regression models for earnings response coefficient study, we found that performance was positively related firms spent more on immediately a global financial crisis. Furthermore, this research revealed long-term among increased expenses These findings have practical implications, providing industry managers...

Abstract This study examines how financial constraints relate to firm‐level investment efficiency. Prior research theorizes that corporate borrowing by issue of risky debt induces suboptimal capital spending. We extend this examine whether and internal efficiency are significantly related. measure firms’ degree overall constraint following the procedure developed Whited Wu. Our results indicate among highly financially constrained firms, positively associated with investment, higher more...

Given that the current economic hardship created by COVID-19 is still in progress, it important to understand firms’ strategic responses prior external shocks (e.g., financial crisis 2007 and 2008) relationship between their courses of action post-shock firm performance. This study examines (1) whether practices reporting are associated with (2) firms conservative during exhibit better performance post-crisis periods. Using ordinary least squares (OLS) models conservatism proxy, we find more...

Abstract This study examines the relationship between accounting conservatism and measures of financial status. We find that, in general, a higher level is associated with lower constraints – thereby making external funds less costly. The results also show that for firm bid‐ask spread or likelihood bankruptcy, this negative conservative reporting intensified. In other words, likely to make costly especially those firms bankruptcy risk.

Purpose This paper aims to examine the merit of an indirect payment system for audit fees, a where intermediary collects fees from auditee and then pays this fee auditor. Design/methodology/approach Big 4 auditors professional analysts in South Korea participated experiment survey investigate whether change channel (from direct indirect) positively impacts auditors’ decision-making. Findings The authors find evidence that is associated with skepticism. Research limitations/implications...

In this paper, I investigate the relationship between previous going-concern audit opinions and subsequent asymmetric timeliness in accounting. Using time-series price-based models conservatism proxy, find that firms with subsequently report losses a more timely manner than did not receive opinions. Furthermore, also exiting are likely to rather gains manner, compared non-exiting from This study extends prior research by exploring association accounting perspective of client firms—that is,...

This study examines the methods of differential choice Korean chaebol in earnings management. Consistent with our prediction, we find a negative association between chaebols ownership and accrual-based management, whereas there is no clear difference real-based Furthermore, evidence that exhibit strongly positive relationship overproduction-based real activities manipulation, indicating prefer overproduction as method From additional analyses, also abnormal cash flow from operations...

Purpose While studies have highlighted the benefits of athlete endorsement as a means strategic marketing communication and public relations, there are risk factors associated with practice, especially when celebrity endorser is involved in immoral incidents or social activism. This study examined impacts endorsers’ controversial behavior on sponsors. It scrutinized change publicly traded corporations’ shareholder value their endorsers were implicated either conduct...

Research reveals inconsistent findings related to the effect of family ownership on firm innovation. Drawing upon a socioemotional wealth framework, this study sheds light how affects innovation when considering inter-organization cooperation as strategic option. We hypothesize that inter- organization moderates negative relationship between and moderating depends type cooperative partner activity. Results support notion impact can be mitigated by firm's both activity demonstrate effects....

Non-family employees are indispensable resources for family firms as they grow and often face unique challenges related to the idiosyncratic nature of because a part business but not system. This study highlights role family-friendly workplace practices resource in preventing turnover intentions non-family based on conservation theory. Drawing sample 116 dyadic data (family owner – employee), this shows that perceived prevent through decreased burnout. Moreover, it is found implementation...

본 연구는 모바일 리워드어플리케이션(리워드앱) 광고의 효과를 살펴보고자 20∼30대 238명의 남녀 리워드앱 이용자를 대상으로 설문조사를 실시하였다. 광고효과를 검증하기 위해 광고 이용행동, 광고에 대한 인식, 광고이용 가치 등 3개의 예측변인과 지속적 기억효과, 광고된 제품이나 서비스 구매의도 등을 광고효과 변인으로 투입하여 위계적 회귀분석을 먼저 이용에 영향을 미치는 변인들을 살펴본 결과, 총 이용기간(β＝.331, p＜.001)과 정보성(β＝.548, p＜.001), 그리고 이용가치변인인 보상성(β＝.548, p＜.001)이 각각 유의미한 영향력을 가지는 것으로 나타났다. 기억에 유의한 변인으로는 이용기간(β＝.164, p＜.01), 인식변인 중에서는 오락성을 제외하고 정보성(β＝.204, p＜.05), 성가심(β＝.143, 신뢰성(β＝.299, p＜.001) 등이 설명력을 그 가운데 신뢰성의 영향력이 가장 높았으며 성가심 변인의 경우, 광고이용이 성가시다고 느낄수록...

It is widely recognized that there an asymmetric treatment, which termed as bifurcation bias, for family members and non-family in firms. Even though many studies have been conducted to address issues related the biased treatment of members, they did not consider heterogeneity members. Given various kinds can be involved firms, should considered homogenous entities, rather heterogeneous entities. To fill this research gap, manuscript analyzes possible bias amongst factors may affect intensity bias.

2018년 8월 영국은 신 수출전략을 발표함으로써 EU 탈퇴 후 세계 각국가와의 무역 관계 강화 및 수출확대를 도모하기 위한 토대를 마련하였으며, 기업 수요 맞춤형 서비스 제공, 환경개선에 정부 역량 집중, 지자체 민간분야와의 파트너십 강화, 디지털 기반 서비스, 환류 개선 등의 5대 원칙을 통해 영국을 21세기의 수출강국으로 위상을 강화하고 수출업체의 수출을 확대하기 위해 노력하고 있다. 영국과 우리나라의 교역량은 적지만 국제관계 속에서의 영국이 차지하고 있는 위치는 매우 중요하다. 그러나 대응방안은 미비한 실정이다. 따라서 본 논문은 이러한 영국의 논문에서는 영국 수출전략의 배경과 목적, 주요 내용을 살펴보고 그에 따른 우리나라 정부의 대응 방안을 모색해보았다. 연구의 결과는 다음과 같다. 첫째, 브렉시트 향방에 시나리오를 작성하여 범정부 차원에서 구체적으로 대응해 가야한다. 둘째, 한-영 한-EU와의 재정립에 대한 논의가 필요하다. 마지막으로 전자상거래 확대 정책을...