A study on the correlation analysis between digitalization and Korean maritime listed firm performance
Due to the COVID-19 pandemic, the maritime industry has the task of enhancing its performance. Examining if the digitalization of maritime firms can encourage maritime sector optimization in the digital era is required. Based on data from a sample of Korean-listed maritime firms from 2010 to 2023, t...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2025-01-01
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| Series: | Journal of International Maritime Safety, Environmental Affairs, and Shipping |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/25725084.2024.2435194 |
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| _version_ | 1846141101163937792 |
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| author | Han-Seon Park Young Gyun Ahn |
| author_facet | Han-Seon Park Young Gyun Ahn |
| author_sort | Han-Seon Park |
| collection | DOAJ |
| description | Due to the COVID-19 pandemic, the maritime industry has the task of enhancing its performance. Examining if the digitalization of maritime firms can encourage maritime sector optimization in the digital era is required. Based on data from a sample of Korean-listed maritime firms from 2010 to 2023, this paper discovers that digitalization can enhance firms’ financial and non-financial performance, mainly financial performance when faced with COVID-19. This influence works mainly through the impacts of business diversification, including extent and willingness, while it is more noticeable for willingness. |
| format | Article |
| id | doaj-art-f5c76b6eb1354ddebe2c4db9e86f4f6b |
| institution | Kabale University |
| issn | 2572-5084 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Journal of International Maritime Safety, Environmental Affairs, and Shipping |
| spelling | doaj-art-f5c76b6eb1354ddebe2c4db9e86f4f6b2024-12-04T18:25:56ZengTaylor & Francis GroupJournal of International Maritime Safety, Environmental Affairs, and Shipping2572-50842025-01-019110.1080/25725084.2024.2435194A study on the correlation analysis between digitalization and Korean maritime listed firm performanceHan-Seon Park0Young Gyun Ahn1Maritime Industry Research Division, Logistics and Maritime Industry Research Department, Korea Maritime Institute, Busan, South KoreaMaritime Policy Research Division, Maritime Policy Research Department, Korea Maritime Institute, Busan, South KoreaDue to the COVID-19 pandemic, the maritime industry has the task of enhancing its performance. Examining if the digitalization of maritime firms can encourage maritime sector optimization in the digital era is required. Based on data from a sample of Korean-listed maritime firms from 2010 to 2023, this paper discovers that digitalization can enhance firms’ financial and non-financial performance, mainly financial performance when faced with COVID-19. This influence works mainly through the impacts of business diversification, including extent and willingness, while it is more noticeable for willingness.https://www.tandfonline.com/doi/10.1080/25725084.2024.2435194Digitalizationmaritime listed firm performancedigital system for maritime industry |
| spellingShingle | Han-Seon Park Young Gyun Ahn A study on the correlation analysis between digitalization and Korean maritime listed firm performance Journal of International Maritime Safety, Environmental Affairs, and Shipping Digitalization maritime listed firm performance digital system for maritime industry |
| title | A study on the correlation analysis between digitalization and Korean maritime listed firm performance |
| title_full | A study on the correlation analysis between digitalization and Korean maritime listed firm performance |
| title_fullStr | A study on the correlation analysis between digitalization and Korean maritime listed firm performance |
| title_full_unstemmed | A study on the correlation analysis between digitalization and Korean maritime listed firm performance |
| title_short | A study on the correlation analysis between digitalization and Korean maritime listed firm performance |
| title_sort | study on the correlation analysis between digitalization and korean maritime listed firm performance |
| topic | Digitalization maritime listed firm performance digital system for maritime industry |
| url | https://www.tandfonline.com/doi/10.1080/25725084.2024.2435194 |
| work_keys_str_mv | AT hanseonpark astudyonthecorrelationanalysisbetweendigitalizationandkoreanmaritimelistedfirmperformance AT younggyunahn astudyonthecorrelationanalysisbetweendigitalizationandkoreanmaritimelistedfirmperformance AT hanseonpark studyonthecorrelationanalysisbetweendigitalizationandkoreanmaritimelistedfirmperformance AT younggyunahn studyonthecorrelationanalysisbetweendigitalizationandkoreanmaritimelistedfirmperformance |