Financial analysis effect on management performance in the Korean logistics industry

This study aims to contribute to the stable growth of the logistics industry by analyzing the differences in the financial structures within the Korean logistics industry and the impact of these financial structures on management performance. This result shows that there are differences in financial factors that affect return on assets (ROA) and return on equity (ROE) by business types in the logistics industry, they require more management improvement efforts to enhance the soundness of their financial structure. Therefore, they need to recognize differences in major financial factors that affect performance according to the type of business it owns and push forward pre-emptive measures such as management efficiency and improvement of profits accordingly and the diversification of its continuous business portfolio. (C) 2021 The Author. Production and hosting by Elsevier B.V.

Automated summary

This study aims to contribute to the stable growth of the logistics industry by analyzing the differences in financial structures within the Korean logistics industry and their impact on management performance. The research results suggest that different types of logistics businesses have varying financial factors affecting their return on assets (ROA) and return on equity (ROE), requiring targeted management improvement efforts to enhance financial soundness. Therefore, recognizing and addressing major financial factors affecting performance according to business type is crucial for preemptive measures such as improving management efficiency and profits, as well as diversifying the business portfolio.