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Korean Academic Society of Business Administration
[ Article ]
korean management review - Vol. 53, No. 2, pp.249-263
ISSN: 1226-1874 (Print)
Print publication date 30 Apr 2024
Received 23 Aug 2023 Revised 13 Dec 2023 Accepted 26 Dec 2023
DOI: https://doi.org/10.17287/kmr.2024.53.2.249

국내 고성장 ICT 서비스기업의 효율성에 관한 연구

Yisuk Park ; Daeyoung Ko
(First Author) Honam University yispk76@honam.ac.kr
(Corresponding Author) Kunsan National University kodaeri@kunsan.ac.kr
A Study on the Efficiency of High-Growth ICT Service Companies


Copyright 2024 THE KOREAN ACADEMIC SOCIETY OF BUSINESS ADMINISTRATION
This is an open access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

The purpose of this study is to measure the change in productivity of high-growth ICT service companies before and after being selected as a high-growth company, and to analyze the causes of productivity change.

For the purpose of this study, the subject of analysis was high-growth ICT service companies on the Science & Technology Policy Institute(STEPI) high-growth company list, and productivity changes were measured using the DEA-Malmquist model. The analysis period was from 2 years before the high-growth company selection to 2 years after the high-growth company selection based on the year of each company's high-growth company selection. As a result of the analysis, it was found that the average annual productivity increased during the entire analysis period (t-2~t+2). However, looking at each period, the average annual productivity was found to decrease after(t~t+2) it was selected as a high-growth company. It was confirmed that the reason for the decrease in efficiency after selection as a high-growth company was due to companies that were selected as high-growth companies whose efficiency decreased after selection. It was expected that the results of this study can be used to establish policies related to ICT service companies, to support high-growth companies, and to derive selection criteria guidelines.

Keywords:

High-Growth Company, ICT Service Company, DEA-Malmquist model, Efficiency

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∙ The author Yisuk Park is currently working as an assistant professor in the Business School at Honam University. She graduated from the Department of Business Administration at Chonnam National University graduate school and earned doctoral degrees in Business Administration. Her main research areas include production strategy, quality management, SCM and logistics management, DEA, and corporate performance.

∙ The author Daeyoung Ko is currently a professor in the Department of Accounting at Kunsan National University. He graduated from the Department of Business Administration at Chonnam National University graduate school and earned doctoral degrees in Business Administration. His main research areas include earnings management, firm value, corporate governance, investment efficiency, and capital markets.