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Effect of CEOs’ Characteristics on Digital Transformation and Corporate Performance: Focusing on RSN Co., Ltd

Journal of The Korea Internet of Things Society / Journal of The Korea Internet of Things Society, (P)2799-4791;
2022, v.8 no.3, pp.11-20
https://doi.org/https://doi.org/10.20465/kiots.2022.8.3.011


Abstract

Corporations operate within long term strategy. The Chief Executive Officer (CEO) makes decisions and has responsibility for all executive activities which affects the corporate performance. If the CEO makes strategic choices through reasonable decision making, it could affect corporate performance and corporate’s rise and fall. So the CEO's decision making is very important. As rapid change in the digital technology environment happened, through digital transition, corporations have been working on increasing corporate performance by practical and academic methods. However prior research was restricted to CEO’s affect on organization, innovation or innovative activities and there is a lack of research linking CEO’s characteristics to digital transition and corporate performance. As the digital age is coming, research on how CEO’s characteristics affect digital transition and corporate performance is direly needed. From the case of domestic Big Data corporation RSN Co. ltd’s digital transition success, understanding characteristics of CEO, digital transition and corporate performance through prior researches, and developing research model and research proposition was set. Research was performed on RSN co. ltd’s case analysis, and how characteristics of CEO’s matter on digital transformation and corporate performance. As a result of the proposition, when the CEO conjugates digital technology, the corporation was able to successfully complete digital transition and it also affects corporate performance. Also, this research’s other point is that CEO’s may have limits on thoughtful decision making. It is judged that it is necessary to try an empirical study in the future.

keywords
최고경영자의 특성, 디지털 전환, 기업성과, 빅데이터, CEO’s Characteristics, Digital Transformation, Corporate Performance, Big data

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Journal of The Korea Internet of Things Society