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companies (Hyundai, KIA) have enjoyed a positive spillover effect from Toyota recall. The recall is boosting the quality ….Korean domestic brands such as Hyundai and Kia might be influenced by both own and rival brand’s vehicle recall. Therefore, the … purpose of this study is to estimate the impact of auto recall announcement on the stock price of Hyundai motors and KIA …
Persistent link: https://www.econbiz.de/10014241146
Since the 1990s, trade costs have been decreasing dramatically and trade volume worldwide also has been increasing. Multinational Corporations(MNCs) are the main players for this kind of globalization. UNCTAD (2009) documents that there were about 82,000 MNCs with about 810,000 foreign...
Persistent link: https://www.econbiz.de/10014264742
This report examines the place of China’s automobile industry in the global market and analyzes the recent, rapid increase in Chinese automobile exports. In addition, the implications carried by the rise of Chinese auto exports for the Korean automobile industry are identified and analyzed
Persistent link: https://www.econbiz.de/10014263453
The purpose of this paper is to investigate the possible role of asset tangibility (mainly collateral) on corporate’s investment decision. To satisfy the purpose, we highlight the differences of corporate investment behaviors between the 1990s and the 2000s considering its financial phase. The...
Persistent link: https://www.econbiz.de/10014236108
South Korea has been one of the thinnest countries in the world. According to the World Factbook (CIA, 2014), the obesity rate of South Korea (7.7%) was ranked 139th out of 191 countries in 2008. Upon growing familiarity with westernized cultures, the obesity percentage for the overall South...
Persistent link: https://www.econbiz.de/10014238008
Corporate investment leads job creation and output growth by increasing capital accumulation in the short-run, and also acts as a crucial element for sustainable economic growth in the long run. However, the external economic environment that Korea faces is currently not so bright. The U.S....
Persistent link: https://www.econbiz.de/10014238039
Competitive advantage elements and conditions for sustaining in the TV industry have changed significantly because the global financial crisis has led to rapid changes in the environment for consumer electronic industry. The global financial crisis left many economies in a state of low-growth...
Persistent link: https://www.econbiz.de/10014238042
A remarkable feature of the 2008-09 financial crisis was that it led to an exceptionally rapid and large contraction in world trade. For example, nominal world trade fell by 30% in just one year ending in the first quarter of 2009.1) The trade collapse was also unparalleled in its...
Persistent link: https://www.econbiz.de/10014238486
This is the third edition of the KIET Korean defense industry statistics and competitiveness report in 2014. The main purpose of this report is to establish the basis of the Korean defense industrial statistics with an actual survey from 2008 to 2013. Moreover, it also includes the defense...
Persistent link: https://www.econbiz.de/10014240801
Upon review of the recent global demand of renewable energy, it was somewhat a situation of atrophy, because European countries that have led the market abruptly reduced their subsidy on renewable energy because of their economic recession. Specific backgrounds of the acute global demand drop...
Persistent link: https://www.econbiz.de/10014240803