Search Results (552)

Tourism is a fast-growing sector that generates a significant greenhouse gas (GHG) footprint, yet subnational data needed to measure the sector remain scarce. Quantifying tourism-related emissions is essential for effective climate policy and alignment with international targets. This study contributes to quantifying tourism sector GHG emissions using the 2023 Korean National Travel Survey data and a spend-based environmentally extended input–output (EEIO) model. Expenditure data were mapped onto the 33-sector multiregional EEIO framework, estimating a total of 2623 tCO_2eq emissions by region, expenditure type, and industry sector in 2023, where about 73% of the total was attributed to tourism-related sectors with the sample data, 24,282. The results illustrate how tourism emissions are shaped especially by transportation systems and regional context. Provinces that surround metropolitan cities in the mainland, for example, Gyeonggi and Gangwon Provinces near Seoul and Incheon, and Gyeongnam Province neighboring Busan and Ulsan, record higher emissions due to large travel volumes from these metropolitan cities and energy-intensive transportation services. Jeju Island stands out as an outlier, with disproportionately high emissions relative to its size, driven by reliance on aviation, which significantly raises its per-visitor footprint. Sectoral analysis identified transportation services, agriculture, electricity, and gas as key sectors. By providing detailed provincial-level data, this study offers a first empirical foundation to corporate Category 6 of Scope 3 reporting and supports central and local governments in designing region-specific climate strategies associated with tourism-related sectors. Full article

Although corporate tax avoidance strategies may increase internal funding that supports innovation, they can also undermine it by weakening governance and encouraging short-term financial objectives. However, the overall impact remains theoretically contested, with insufficient empirical research available. This study examines the relationship between corporate tax avoidance and innovation, focusing on the moderating role of environmental, social, and governance (ESG) practices. Using a panel dataset of 12,408 firm-year observations of South Korean listed companies from 2014 to 2023, Tobit regression analyses reveal a statistically significant negative association between tax avoidance and innovation. Notably, this negative relationship is significantly mitigated in ESG-engaged firms, particularly those with stronger ESG performance. Further analysis indicates that these moderating effects are driven primarily by the social and governance domains. These findings suggest that ESG practices can offset the detrimental effects of tax avoidance by strengthening governance and stakeholder alignment. This study underscores the importance of integrating ESG principles into corporate tax strategies to support long-term innovation and sustainable corporate development. Full article

Despite continued efforts by the Korean government to improve road safety, truck-related accidents remain disproportionately fatal, with a rate approximately 2.6 times higher than that of passenger vehicles. Although legal regulations prohibit overloading and improper loading, existing enforcement practices—primarily dependent on low-speed weigh-in-motion (WIM) systems—are limited in coverage and responsiveness. This study develops and validates standardized test procedures for detecting overloading and improper loading in commercial freight vehicles using a high-speed weigh-in-motion (HS-WIM) system. The HS-WIM system offers advanced sensing capabilities, including vehicle speed, length, axle configuration, and weight measurement at highway speeds. However, Korean HS-WIM performance standards currently lack detailed guidance, especially concerning group axle load testing and asymmetric cargo detection. To address these regulatory and technical gaps, a comprehensive set of test scenarios was designed based on domestic and international standards. A dedicated testbed was constructed, and 12 commercial vehicle types were tested under varied speeds and loading conditions. The proposed procedures reliably detect violations, and the study introduces evaluation criteria that improve HS-WIM system accuracy and support future enforcement and policy development in Korea. Full article

Drawing on organizational justice theory, this study examines how workers’ perceptions of fair treatment influence job satisfaction following the transition from temporary agency employment at subcontracting firms to regular employment with client firms. A multilevel analysis was conducted to simultaneously assess individual- and organizational-level effects. Data were collected through a survey of Korean public organizations that had implemented regular employment transitions, yielding a final sample of 966 employees nested within 116 institutions. At the individual level, perceived fair treatment after regularization was positively associated with job satisfaction. At the organizational level, systematic human resource management practices enhanced employees’ perceptions of fair treatment, while government support during the transition process—including the provision of clear guidelines and professional consulting—moderated the relationship between perceived fair treatment and job satisfaction. These findings contribute to a deeper understanding of how fair treatment perceptions shape employee attitudes following employment regularization and highlight the role of organizational human resource practices and government involvement in fostering positive outcomes during labor market transitions. Full article

With the acceleration of the Fourth Industrial Revolution, the South Korean government has promoted the Smart Factory Construction Support Project as a core strategy for the digital transformation of manufacturing, particularly targeting small and medium-sized enterprises (SMEs). While more than 35,000 smart factories had been established by 2024, systematic evidence on the policy’s economic impact remains limited. This study evaluates the effectiveness of government support for smart factories by analyzing SME financial performance between 2018 and 2021. Specifically, it investigates whether smart factory adoption—supported by government subsidies—led to improvements in sales growth and compound annual growth rate (CAGR). To address potential selection bias, propensity score matching (PSM) was employed to construct a comparable control group of non-recipient firms. The findings show that, after accounting for confounding variables, supported firms demonstrated improvements in sales-based growth metrics compared to their non-supported counterparts, thereby confirming a positive policy effect. These results provide empirical justification for sustained public investment in digital transformation initiatives, while also highlighting the importance of employing rigorous causal inference methods in policy evaluation. Full article

This study examines the influence of employee tenure on earnings management and the moderating role of foreign investors in Korean listed firms. Drawing on agency theory and entrenchment perspectives, we argue that longer employee tenure, while fostering stability and firm-specific expertise, can entrench practices that enable opportunistic reporting. In contrast, consistent with resource dependence theory, foreign investors act as effective external monitors who can mitigate such behavior, particularly in emerging markets with weaker governance institutions. Using 11,381 firm-year observations from 2011 to 2019, we estimate discretionary accruals with the modified Jones model and performance-matched model. The results indicate that employee tenure is positively associated with accrual-based earnings management, but this effect is significantly reduced in firms with higher foreign investor ownership. Robustness tests, including instrumental variable estimation, confirm the validity of these findings. This study’s main contributions are introducing employee tenure as an underexplored governance factor, integrating internal and external monitoring perspectives, and showing that foreign investors moderate workforce-related risks. Practically, it highlights that investors can use tenure as a reporting risk signal, managers should complement workforce stability with strong governance, and policymakers should promote tenure disclosure and foreign participation to enhance transparency. Full article

Corporate transparency is vital for sustainable governance. However, detecting financial misstatements remains challenging due to their rarity and resulting class imbalance. Using financial statement data from Korean firms, this study develops an integrated AI framework that evaluates the joint effects of sampling strategy, model choice, and interpretability. Across multiple imbalance ratios, NearMiss undersampling consistently outperforms random undersampling—particularly in recall and F1-score—showing that careful data balancing can yield greater improvements than algorithmic complexity alone. To ensure interpretability rests on reliable predictions, we apply Shapley Additive Explanations (SHAP) and Permutation Feature Importance (PFI) only to high-performing models. Logistic regression emphasizes globally influential operating and financing accounts, whereas Random Forest identifies context-dependent patterns such as ownership structure and discretionary spending. Even with a reduced feature set identified by explainable AI, models maintain robust detection performance under low imbalance, highlighting the practical value of interpretability in building simpler and more transparent systems. By combining predictive accuracy with transparency, this study contributes to trustworthy misstatement detection tools that reinforce investor confidence, strengthen responsible corporate governance, and reduce information asymmetry. In doing so, it advances the United Nations Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions) by supporting fair, accountable, and sustainable economic systems. Full article

This research investigates the impact of Environmental, Social, and Governance (ESG) practices on the financial performance of logistics firms, with a focus on the mediating role of stakeholder pressure. Utilizing survey data collected from Korean logistics firms (N = 256 valid responses) and employing structural equation modeling, the findings indicate that social practices exert a significant direct effect on financial outcomes. Conversely, environmental and governance practices impact financial performance indirectly, through stakeholder pressure. These findings suggest that ESG activities impact financial performance via distinct mechanisms, contingent upon the specific ESG dimension and the level of stakeholder engagement. The study advances ESG literature by providing a disaggregated analysis of ESG effectiveness and empirically confirming stakeholder pressure as a critical pathway. Practically, the results underscore the need for logistics firms to align their ESG strategies with stakeholder expectations and institutional pressures, thereby optimizing both sustainability and financial performance. Full article

Amid rising sustainability demands, the automotive industry must understand how its Environmental, Social, and Governance (ESG) management influences consumer purchase decisions for high-involvement products. This study investigates this relationship by examining the mediating roles of brand value, perceived quality, and corporate trust. To test the research model, we analyzed survey data from Korean automotive market consumers using partial least-squares structural equation modeling. The findings reveal that governance transparency and social responsibility significantly enhance corporate trust and brand value, which are the primary drivers of purchase intention. In contrast, environmental initiatives do not directly foster trust, and the effect of perceived quality is fully mediated by brand value and corporate trust. This study advances value-driven consumption theory by demonstrating that non-financial ESG dimensions—especially governance and social responsibility—can supersede functional quality in shaping purchase decisions in high-involvement contexts. These findings suggest that automakers should prioritize governance and social initiatives as strategic levers to build trust and strengthen long-term consumer loyalty. Full article

This study examines refugee integration in South Korea’s emerging asylum context by analyzing how education policies and practices shape inclusion, drawing on interviews with 23 key informants from government and civil society. Despite legal frameworks guaranteeing access, findings reveal how institutional, sociocultural, and political factors create significant policy–practice gaps, hindering both structural integration (enrollment, curriculum, language of instruction, certification) and relational integration (sense of belonging) in schools. Barriers include bureaucratic obstacles, language barriers, discrimination, and limited post-secondary pathways. While civil society actors create opportunities, broader systemic changes are needed to promote the meaningful inclusion of students with refugee backgrounds in South Korean society. Full article

This study examines how employees’ perceptions of environmental (E), social (S), and governance (G) activities shape organizational commitment (OC), organizational identification (OI), and organizational citizenship behavior (OCB) in IT manufacturing firms. We further examine whether generational cohort membership moderates the relationship between ESG and OCB, comparing the MZ generation (Millennials, born 1981 to 1996; Generation Z, born 1997 to 2012) with the older generation. Using survey data from 374 employees across four Korean IT manufacturers and structural equation modeling, we find that S and G positively predict OC; E negatively predicts OC. G positively predicts OI, whereas E negatively predicts OI, and S is not significant. Both OC and OI positively predict OCB and mediate ESG→OCB links (OC mediates E, S, G; OI mediates E and G). Multi-group analysis shows a stronger G→OCB path for the MZ cohort than for the older cohort. In summary, the empirical analysis results of this study are expected to be helpful to executives and managers of IT manufacturing companies that are conducting or promoting ESG activities. Full article

The South Korean government plans to increase the share of renewable energy (RE) used in public buildings by 10% from the current 30% to 40% by 2030. This article seeks to estimate the public willingness to pay (WTP) for this increase. To this end, a contingent valuation was applied, with 1000 households randomly selected and surveyed through one-on-one interviews. The payment vehicle and WTP elicitation method were determined to be income tax per household and the one-and-one-half-bound model, respectively. The annual WTP per household was estimated to be KRW 2712 (USD 2.04) with statistical significance. When expanded to the population, this produces an annual value of KRW 60.15 billion (USD 45.23 million). The increase in the RE use share can not only reduce greenhouse gas emissions but also result in savings on electricity bills. The sum of these two can be considered as benefits, and the sum of the construction and maintenance costs incurred due to the increase can be considered as costs. The cost–benefit analysis indicates that the present value of net benefits and the benefit-to-cost ratio were estimated to be KRW 667.3 billion (USD 501.7 million) and 1.48, respectively. Consequently, the increase is socially desirable and should be implemented immediately. Full article

Throughout history, humans have used the environment to build structures for defense. Fortifications are clear examples of buildings created to better protect important settlements and homes. Over time, these structures have gone beyond their original purpose of shielding residents inside and around the walls, now functioning as complex centers for political, economic, administrative, and cultural governance. Additionally, communication networks have been established between strongholds, forming a defensive system for a region or country. Therefore, Fortifications and military heritage exemplify typologies of heritage developed in an organic relationship with the unique environment shaped by human activities. Walled towns are safeguarded by maintaining their functions or being designated cultural heritage among these fortifications and military heritage. Through this study, we analyze the Haemi-eupseong Walled Town (in Korean ‘읍성,’ in Chinese ‘邑城’) as one of Korea’s typical walled towns concerning the attributes that reflect the authenticity according to ‘the Operational Guidelines for the Implementation of the World Heritage Convention’ and examine the efforts of the conservation management entity to sustain and utilize this authority by applying the theory and methodology outlined in the ICOMOS Guidelines on Fortifications and Military Heritage, officially adopted in 2021 by ICOMOS, the cultural heritage advisory body under UNESCO’s World Heritage Committee, to Haemi-eupseong. The goal is to explore theoretical approaches to heritage value, develop systematic methods for heritage utilization, and propose strategies for sustainably preserving the importance of heritage. Full article

The rhizome of Atractylodes macrocephala, a perennial herb in the Asteraceae family, is valued for its bioactive atractylenolides, but achieving consistent quality in cultivation is challenging. This study aimed to decipher how environmental factors differentially regulate its biomass and atractylenolide content. We sampled from 22 Korean cultivation sites and performed correlation analyses, rigorously controlled by a False Discovery Rate (FDR) correction. Our analysis revealed that the environmental networks governing quantitative growth and qualitative composition are largely independent. While growth was weakly correlated with environmental factors, likely due to suboptimal temperatures at our sites, atractylenolide content was robustly associated with soil properties and climate. Specifically, soil texture was a dominant factor, with sand content showing a strong negative correlation (−0.717 ***) with total atractylenolides, whereas silt (0.675 ***) and clay (0.622 ***) had strong positive correlations. Additionally, cation exchange capacity (0.517 *) and temperature were positively correlated, while relative humidity showed a negative correlation (−0.553 **). This decoupling suggests that optimizing yield and phytochemical quality requires distinct cultivation strategies, providing a foundational framework for developing site-specific practices and quality control for this high-value medicinal herb. Full article

Dolmens are neolithic burial artifacts scattered across the Korean landscape. In 2000, they were inscribed as UNESCO heritage sites, and they have been developed as sustainable cultural tourism attractions in Gochang, Hwasun, and Ganghwa. In this study, social semiotics using fieldwork was conducted with the employment of some traditional tourism theoretical themes. It was found that when only a single theoretical metric is used, there are too many contradictory interests and messages involved in the three sites, confusing national identity, heritage, and tourism development. But semiotic analysis reveals that nuanced articulations of denotative signs with their many connotative signifiers enable a unique chaordic Korean management style built on embracing paradox in tourism attractions, particularly in terms of sustainability. Culture is the foundation for the sustainability of monuments and heritage sites. Findings show that the Dolmen UNESCO sites maintain a sustainable identity through government support and represent a narrative that describes an unbroken link to a neolithic Korean past as well as a diversified framing of heritage in community-based tourism attractions. Full article