인문학
사회과학
자연과학
공학
의약학
농수해양학
예술체육학
복합학
지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
초록·키워드
This study investigates the association of geopolitical risk (GPR) with foreign sales ratio and corporate investment among Korean firms. Using non-financial KOSPI-listed firms from 2011 to 2025, this study applies firm fixed-effects estimation to examine current and lagged associations between GPR and firm activities. The results show a significant negative association between GPR and foreign sales ratio in the current year, with significant negative associations also observed at one- and two-year lags in separate models. However, when current and lagged GPR variables are included simultaneously, only the current association remains statistically significant. For corporate investment, no significant association is found in the current year or at the one-year lag, whereas a significant negative association emerges at the two-year lag in both separate and joint models. These findings suggest distinct temporal patterns in the associations of GPR with foreign sales ratio and corporate investment, with the former showing a more immediate association and the latter exhibiting a delayed association. Overall, the results highlight the importance of considering both near-term and delayed associations of geopolitical risk when formulating foreign market strategies and long-term investment plans.
본문·목차
인공지능 문자 인식 모델을 통해 추출된 텍스트로, 일부 오타나 오류가 포함될 수 있으나 지속적으로 개선 중입니다.
오류를 발견하셨다면 해당 부분을 드래그한 후 ' 를 통해 신고해주세요.
오류를 발견하셨다면 해당 부분을 드래그한 후 ' 를 통해 신고해주세요.