Purpose: This study tries to identify the impact of the COVID-19 pandemic on the similarity of banks' loan portfolios. Design/methodology/approach: Using the entire firm-level bank loan data from 2009 to 2020 in the Korean market, this study analyzes the cosine similarity in terms of credit...

Giga is a joint initiative between United Nations Children's Fund (UNICEF) and the International Telecommunication Union to map schools and educational facilities worldwide, along with the quality of their connection to the internet. In this report, the authors demonstrate the use of the Degree...

Giga is a joint initiative between United Nations Children's Fund (UNICEF) and the International Telecommunication Union to map schools and educational facilities worldwide, along with the quality of their connection to the internet. In this report, the authors demonstrate the use of the Degree...

Asia is home to the most rapidly aging populations in the world. This study focuses on two countries in Asia that are advanced in terms of their demographic transition: the Republic of Korea and Singapore. We developed a demographic and economic state-transition microsimulation model based on...

Purpose: This study attempts to identify the cause of the failure of a platform operator in a P2P lending market, from the perspective of the internal credit rating system. Design/methodology/approach: Data from Moneyauction, the first P2P lending platform in Korea, which led the market for a...

This paper reconsiders the empirical evidence of the relationship between tax treaties and FDI using U.S. outbound FDI to 78 countries over the period of 2007-2018. Unlike previous studies, we explicitly consider differences in the tax environments of recipient economies, including their...

In this study, we investigate what drives the MAX effect in the South Korean stock market. We find that the MAX effect is significant only for overpriced stocks categorized by the composite mispricing index. Our results suggest that investors' demand for the lottery and the arbitrage risk effect...

The COVID-19 pandemic has significantly disrupted global economies, posing unprecedented business challenges worldwide. This study examines the influence of Environmental, Social, and Governance (ESG) factors on corporate value in the context of the pandemic, focusing on China and South Korea....