기업 이질성, 지배구조와 사회적 성과가 수출성과에 미치는 영향

• 영문명: The Influence of Corporate Governance, Corporate Social Performance and Firm Heterogeneity on Export Performance: Evidence from Korean Firms
• 발행기관: 한국무역연구원
• 저자명: 양오석(Oh Suk Yang) 김태중(Tae Joong Kim)
• 간행물 정보: 『무역연구』제11권 제2호, 693~720쪽, 전체 28쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2015.04.30

영문 초록

This paper pays attention to firm-specific characteristics such as corporate governance and corporate social performance which have been ignored in the previous research studies relative to export determinants. In addition, it examines the influence of the ex-ante financial health, innovation activities of the firm on its export behavior(measured by export intensity). All our sample firms are large Korean firms listed on Korean Stock Exchanges, and selected from the list of "2006(fifteenth) ~ 2011(twentieth) Top 200 best corporate citizens," assessed by a leading Korean CSR institution, the Korea Economic Justice Institute (KEJI). The research time frame covers 2001~2012 due to the availability of data collection. The main findings are that the ex-ante financial health partly improves the firm's export intensity, while innovation activities do not exert influence on export performance in the short term. Moreover, CSR activities also do not contribute to better export performance in the short term. In addition, only institutional investors have preference for the international expansion of export markets, while other actors in corporate governance do not. It is also noteworthy to point out that the 1-yr time lagged variable of export intensity is positively associated with current export intensity, while 2-yr time lagged export intensity is negatively associated with it.

목차

Abstract

Ⅰ. 서론

Ⅱ. 선행연구 및 가설 설정

Ⅲ. 연구방법

Ⅳ. 연구결과

Ⅴ. 토론 및 결론

References

키워드

Firm Heterogeneity Corporate Governance Corporate Social Performance Export Performance