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This paper aims to deal with the history and main features of social enterprises in South Korea, where a specific legal framework was enacted in 2006.
Abstract
Purpose
This paper aims to deal with the history and main features of social enterprises in South Korea, where a specific legal framework was enacted in 2006.
Design/methodology/approach
The analysis emphasises an economic sociological approach mixing economic considerations, political features and social aspects. The mobilised information comes from previous works realised by the authors on that topic as well as from updated statistics and data about policies, laws and regulations.
Findings
The study underlines that the emergence of social enterprises in South Korea was rooted in civil society and citizens' movements before it became a priority on the government's agenda. The result is the co‐existence of several forms of social enterprise with distinctive features: social enterprises certified by the official label, on the one hand, and de facto social enterprises, defined as such because of their practices, goals and values, on the other hand. Such a situation generates a growing tension between the priorities and values emphasised by the political sphere and by the civil society.
Research limitations/implications
Social enterprise is an emerging field of interest and a recent phenomenon, constantly in progress; consequently, systematic data on the field are still lacking, and researchers do not have enough hindsight to learn definitive lessons and draw broad conclusions of statistical significance.
Originality/value
The paper sheds light on a phenomenon that is multi‐dimensional and is rapidly evolving. It provides a better comprehension of South Korean political choices and socio‐economic changes and can help to anticipate future evolutions and to shape related policies to deal with work integration and the promotion of welfare‐mix in the field of social services provision. It also brings information and learning for cross‐country comparative studies.
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Hanna Moon, Kirak Ryu and Sangoh Park
This paper aims to describe how the human resources development (HRD) policy has shifted from the national level to the sectoral levels; the paper also explains the changes that…
Abstract
Purpose
This paper aims to describe how the human resources development (HRD) policy has shifted from the national level to the sectoral levels; the paper also explains the changes that have been made in skills formation in the economy by presenting the emergence of Industry Skills Councils (ISC).
Design/methodology/approach
This paper presents perspectives of which include reviewing the change of governance and skills formation at the sectoral level.
Findings
Skills development strategy is needed both at the sectoral and national levels to cultivate the core competencies of Korean talents. The feedbacks based on the HRD practices implemented at the micro level are delivered to the state governments and business associations via the ISCs. The policymaking has thus become more decentralized from the state government, and it now reflects inputs from the practical field in the process of making new policies.
Originality/value
Korean skills regime is still difficult to classify because it does not follow the skills formation regime discussed in current scholarship. While the state government has played an active role in decision-making, financing and delivery of vocational training programs since the early phase of economic development, engagement by social partners has been limited in the Korean vocational education and training (VET) system. The participation of social partners in the Korean VET system has been limited, but various stakeholders such as the labor unions; trade unions; chambers of commerce; and small, medium and large enterprises have been engaged gradually in skills identification, formation, development and implementation within individual sectors.
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Louise Patterson and Vic Benuyenah
The purpose of this study is to gain a better understanding of the employment figures in the labour market after the two Korean financial crises (1997 and 2008), focusing on the…
Abstract
Purpose
The purpose of this study is to gain a better understanding of the employment figures in the labour market after the two Korean financial crises (1997 and 2008), focusing on the gender gap across different characteristics. Based on several data points, a general trend becomes evident whereby, as companies retrenched, they shifted the demographics of their employees to those perceived as most valuable, i.e. workers with university educations. However, when distinguished by gender, it is evident that their priorities changed. This discovery suggests that as the world faces another global health crisis (COVID-19) with its associated impact on organisational retrenchment, the gender gap in Korea could widen further.
Design/methodology/approach
The analysis was conducted by applying a simple compounded average growth rate (CAGR) analysis to determine the impact of the two crises on employment by the educational level.
Findings
A general trend becomes evident whereby, as companies retrenched, they shifted the demographics of their employees to those perceived as most valuable, i.e. workers with university educations. However, when distinguished by gender, it is evident that their priorities changed.
Research limitations/implications
Secondary data were used for the analysis as data for unemployed, who had given up looking for work, were not available.
Practical implications
Managers can use the findings when making decisions about laying-off staff during times of financial/economic crisis.
Social implications
There is a perceived negative impact upon highly educated Korean women.
Originality/value
The paper advances the pay gap literature by providing evidence from Korea. CAGR analysis has never been used previously in analysing the pattern of labour market data to reveal gender discrimination. With a global health crisis (COVID-19) with its associated impact on organisational retrenchment, the gender gap in Korea could widen further.
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The purpose of this paper is to consider a new way of estimating the gender wage gap by introducing individual risk attitudes that is applied to representative Korean data.
Abstract
Purpose
The purpose of this paper is to consider a new way of estimating the gender wage gap by introducing individual risk attitudes that is applied to representative Korean data.
Design/methodology/approach
The selection bias via risk attitudes results in the overestimation of this wage gap. Women are more risk averse and hence prefer not to be active in the labour market or, if they are active, prefer to work in the public sector, where wages are generally lower than in the private sector. This paper explains the reduced gender wage gap by developing an appropriate sample-selection model, with wage decompositions corrected for selection.
Findings
Self-selection based on risk attitudes is shown to partly explain the gap that is popularly perceived as reflecting gender discrimination.
Originality/value
It is the first attempt to explain the gender wage gap by looking at the individual risk preference through work status selection.
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A core employment market based on modem information and communications technology (ICT) and human resources (HR) management can fundamentally overcome the shortcomings of a…
Abstract
A core employment market based on modem information and communications technology (ICT) and human resources (HR) management can fundamentally overcome the shortcomings of a traditional employment market, in which the problems of an imbalance in the relationship between employers and employees are antagonistically alleviated by independent trade unions and other similar means. Core employment means the portion of total employment closely related to modem entrepreneurial innovation - the employment of directly or indirectly aiding in conducting, promoting, protecting and expanding innovation with entrepreneurship. The severe industrial conflicts existing currently in Korea and China can probably be resolved by economic and social measures other than confrontational trade unions, as long as the efforts are made in an expansion of core employment by the government, enterprises and individuals.
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Charlie G. Turner and Elizabeth Monk‐Turner
The purpose of this paper is to examine gender differences in occupational status among South Korean workers in 1988 and 1998. In 1988, the South Korean National Assembly enacted…
Abstract
Purpose
The purpose of this paper is to examine gender differences in occupational status among South Korean workers in 1988 and 1998. In 1988, the South Korean National Assembly enacted an Equal Employment Opportunity Act. The goal is to better understand how occupational status differs by gender between these time periods.
Design/methodology/approach
Using the “88 and 98 Occupational Wage Bargaining Survey on the Actual Condition (OWS),” the paper examines occupational differences by gender and log wage using OLS.
Findings
Occupational segregation by gender was more extreme in 1988 than 1998. In 1988, 83.3 percent of all female workers were employed in three broad occupational categories. Few women (5.4 percent) worked as professional, technical or administrative workers. By 1998, 11.5 percent of female workers were employed as professionals. The highest paid occupational categories, in South Korea, have the lowest percentage of female workers. Women benefit from additional educational experience, though less so than holds for men, and from being in a union (in 1988). Women are penalized, in terms of occupational status prestige, when working in large firms and when married.
Practical implications
If South Korea aims to make full use of the human capital of all workers, measures need to address how women might enjoy returns on their educational investment that approach those realized by men. Further, efforts to integrate women into professional occupations categories might be examined.
Originality/value
Little has been explored with regard to occupational gender differences in South Korea. This work provides a better understanding of occupational status differences by gender and how they vary across time.
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The purpose of this paper is to analyse the effect of the National Pension Scheme (NPS) on the economic well-being of older people in South Korea.
Abstract
Purpose
The purpose of this paper is to analyse the effect of the National Pension Scheme (NPS) on the economic well-being of older people in South Korea.
Design/methodology/approach
It analyses older people aged 60 and over sampled from the third wave of the Korean retirement and income study.
Findings
The analysis shows a gendered effect. The NPS is positively associated with the economic well-being of only older men. This gendered impact is probably attributable to the inherent patriarchal structure of the NPS that is based on the strong male bread-winner model.
Originality/value
The results suggest that promoting the female labour market participation, and also reforming the gender structure of the NPS and South Korean labour market, can be a potential policy option to amend gendered economic well-being in later life.
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Drawing on the six-dimensional framework of the Anholt-GfK Nation Brands Index (NBI), the purpose of this paper takes a government-to-business (G2B) perspective of international…
Abstract
Purpose
Drawing on the six-dimensional framework of the Anholt-GfK Nation Brands Index (NBI), the purpose of this paper takes a government-to-business (G2B) perspective of international marketing by shedding light on how governments (as sellers) can harness their nations’ brand image to attract businesses (as buyers) to invest in the country.
Design/methodology/approach
Using Korea as context, this study interviewed Korea-based foreign multinational companies (MNCs) to elucidate how nation brand had influenced their FDI decisions to establish R&D centres in Korea. Purposive sampling identified 36 MNCs from diverse countries and industries that had set up R&D centres within the last decade. Individual in-depth interviews probed the MNCs’ views of Korea’s nation brand in regards to their FDI decisions. Recorded interviews were transcribed and analysed for common themes.
Findings
Five key thematic attributes of Korea’s nation brand emerged: rigid labour market, pro-FDI government, Chaebols’ dominance, strong nationalism and rapid industrialisation. These attributes relate to NBI’s dimensions of people, governance, investment/immigration, culture/heritage and exports, respectively. The dimensions impacted Korea’s nation brand differently.
Originality/value
This study contributes to nation branding research by applying the Anholt-GfK NBI to empirically investigate nation brand’s influence on attracting business investments at a macro-G2B level. The findings are particularly useful in guiding government policy-makers and trade organisations on running nation-brand promotions and marketing campaigns for FDIs. The findings will also benefit foreign businesses who are considering injecting capital investments into a country.
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Rachel A. August and Tracy L. Tuten
The need for greater representation of women in the Korean workforce is a critical issue, as evidenced by the scarcity of women in managerial positions. Women make up only 7 per…
Abstract
The need for greater representation of women in the Korean workforce is a critical issue, as evidenced by the scarcity of women in managerial positions. Women make up only 7 per cent of the managerial and executive workforce. Using the notion of opportunity structures, suggests that the Korean Government has played a key role in limiting the progress of Korean women workers. Examines that role empirically via a sample of employed Korean women. The data indicate that some government acts, such as ratification of laws including a quota system and maternity leave, have expanded Korean women’s career opportunities. Yet the lack of numerous other laws including those promoting equal employment opportunities, equal pay, denouncing sexual harassment, and more, have limited women’s opportunities. Highlights the Korean Government’s role in women’s career growth and discuss actions the Government could take to increase women’s opportunities and enable them to reach managerial levels.
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Misun Lee, Ralph S. Brower and Daniel L. Fay
This paper analyzes how a national social enterprise policy encourages the social missions of social enterprises and uncovers the relationships between social enterprise…
Abstract
Purpose
This paper analyzes how a national social enterprise policy encourages the social missions of social enterprises and uncovers the relationships between social enterprise governance and labor equity, an area that has been rarely studied in nonprofit governance studies.
Design/methodology/approach
The study analyzes the effects of four legal requirements for work-integrated social enterprises (WISEs) codified by the Social Enterprises Promotion Act (SEPA, 2007) in South Korea. Then, it relies on panel regression analysis (2020–2022) to examine how the compositions of the governance of WISEs are related to their hiring and wage equity.
Findings
The institutional arrangements required by SEPA have resulted in positive social impacts for most WISEs. However, the results of regression models show that individual participant groups in the WISE governance achieved mixed results depending on the labor issue.
Research limitations/implications
Generally, this research explores the concept of diversity and its utility in nonprofit governance, with a particular focus on targeted diversity policies, demonstrating that governance arrangements influence the success of these policies.
Practical implications
The findings bring new insights for policymakers about “altruistic economic entities.” For practitioners in social enterprises, the results of the regression models underscore the importance of understanding the participant composition of decision-making meetings.
Originality/value
This study sheds light on labor equity, which government-certified social enterprises should achieve from the perspective of nonprofit governance.
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