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dc.contributor.author박광호-
dc.date.accessioned2019-05-10T02:36:59Z-
dc.date.available2019-05-10T02:36:59Z-
dc.date.issued2017-12-
dc.identifier.citation산업경영시스템학회지, v. 40, No. 4, Page. 1-9en_US
dc.identifier.issn2287-7975-
dc.identifier.issn2005-0461-
dc.identifier.urihttp://db.koreascholar.com/Article?code=338645-
dc.identifier.urihttps://repository.hanyang.ac.kr/handle/20.500.11754/103782-
dc.description.abstractCompanies must capture value for sustainable growth. Capturing value is a critical task for companies, particularly when operating own businesses and organizations or starting new business. The business strategy of many companies focuses on capturing the maximum value from customers and other stakeholders. Even though a wide range of studies on value creation and appropriation has been conducted in the strategic management field, most of studies are still conceptual and theoretical. Thus more empirical studies are required to suggest future-oriented value strategy. This study reveals the value creation and appropriation elements in the aviation industry of Korea. The purpose of this study is to understand the trend of value creation and appropriation in the industry. In addition, the relationship between the elements and firm’s performance are tested. The firm’s performance is defined by that past and future point of views. The sample were collected from Korean Air and Asiana Air. The empirical test shows that the elements of value creation-appropriation have significant impact on firm’s performance. Further, the element of value appropriation to customer has a positive impact both on firm’s past and future performance. Our results show that investors acknowledge a value-based strategy as a sign of stock valuation. The results of this test correspond with the earlier one, showing that maximizing customers value rather than shareholder value does deliver impressive returns. The finding suggest that companies need to change their strategy to efficiently manage performance. With the test results, we propose a value-based strategy to maximize firm’s future financial and stock performance.en_US
dc.language.isoko_KRen_US
dc.publisher한국산업경영시스템학회en_US
dc.subjectValue Creationen_US
dc.subjectValue Appropriationen_US
dc.subjectIndustry Analysisen_US
dc.subjectAirline Industryen_US
dc.subjectStakeholdersen_US
dc.title가치 창조 및 전유 요소가 기업의 성과에 미치는 영향en_US
dc.title.alternativeThe Impact of Value Creation and Appropriation Elements on Performanceen_US
dc.typeArticleen_US
dc.relation.no4-
dc.relation.volume40-
dc.relation.page1-9-
dc.relation.journal산업경영시스템학회지-
dc.contributor.googleauthor김철민-
dc.contributor.googleauthor박광호-
dc.relation.code2017019042-
dc.sector.campusE-
dc.sector.daehakCOLLEGE OF BUSINESS AND ECONOMICS[E]-
dc.sector.departmentDIVISION OF BUSINESS ADMINISTRATION-
dc.identifier.pidoobepark-
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COLLEGE OF BUSINESS AND ECONOMICS[E](경상대학) > BUSINESS ADMINISTRATION(경영학부) > Articles
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