How the Proportion of International Business Influences Sustainable Management: An Empirical Study on Korean Exporters

• 발행기관: 한국무역학회
• 저자명: Sang-Bong An Sang-Hyun Ji
• 간행물 정보: 『Journal of Korea Trade (JKT)』Vol.29 No.5, 135~178쪽, 전체 44쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2025.08.31

국문 초록

Purpose - Although sustainable management is crucial for global supply chains, little research has been conducted on the factors influencing exporters’ sustainable management practices. Against this backdrop, we examine the relationship between the proportion of international business and the sustainable management of Korean exporters, crucial participants in the global supply chain. Design/Methodology - The sample consists of 1,746 annual records of Korean exporters showing corporate settlement in December. We use the environmental, social (S), and governance (G) evaluation indices disclosed by the Korea Institute of Corporate Governance and Sustainability to measure the sustainable management efforts of an exporter. Furthermore, we used the export-share records of an exporter in databases, including TS-2000 and FnGuide, to measure international business share. Findings -Therefore, the proportion of international business was found to have a statistically significant positive effect not on the overall ESG composite score but specifically on environmental performance. This finding suggests that the environmental domain is directly linked to global trade regulations, prompting export-oriented firms to strengthen their environmental management practices strategically. Subsequently, social and governance performances did not show statistically significant associations with the level of international business activities. Furthermore, the analysis revealed heterogeneity in ESG responsiveness depending on firm size. Notably, large firms demonstrated a positive and significant relationship between international business expansion and ESG performance in social performance. Additionally, to address potential endogeneity concerns, this study conducts supplementary analyses using changes in the proportion of international businesses and a restricted sample comprising only export-engaged firms. The core results for environmental performance remain robust across these alternative specifications. Originality/value - The results indicate that Korean exporters have responded well to changes in the global supply chain environment and international environmental regulations. The paper concludes with a discussion of the research results and provides implications for global supply chain participants.

목차

1. Introduction

2. Theoretical Background and Hypothesis Development

3. Research Design

4. Empirical Evidence

5. Discussion

References

키워드

ESG Global Supply Chain International Business Sustainable Management

참고문헌

• Journal of Corporate Finance Research
• Journal of Korea Trade
• Journal of Management
• The Academy of Management Review
• The International Commerce & Law Review
• Journal of Standards, Certification and Safety
• Tax Accounting Research
• Tax Accounting Research
• Multinational Business Review
• Global Finance Journal
• Global Finance Journal
• Journal of Environmental Economics and Management
• Marchfield, Pitman
• Journal of Sustainable Finance & Investment
• Sogang Journal of Law Business
• Journal of Operations Management
• Journal of Distribution Science
• Sustainability
• Journal of Korea Trade
• Korean Accounting Review
• Korean Management Consulting Review
• Korean Journal of Financial Studies
• International Business Review
• Journal of Distribution and Logistics Research
• Tax Accounting Research
• Tax Accounting Research
• Tax Accounting Research
• Korean Journal of Management Accounting Research
• Korean Accounting Review
• Korean Accounting Review
• International Business Review
• Journal of Economic Law
• Korean Journal of Construction Engineering and Management
• Journal of CEO and Management Studies
• Ecological Economics
• Academy of Management Review
• Tax Accounting Research
• Australasian Accounting, Business and Finance Journal
• Journal of Management Studies
• Journal of Environmental Policy and Administration
• Corporate Ownership & Control
• Tax Accounting Research
• Korean Accounting Review
• Environmental Science and Pollution Research
• Strategic Management Journal
• Sustainability
• Transactions on Economics, Business and Management Research
• Korean Accounting Review
• Social Science Research Network
• Sustainability