Testing the Impact of Financial Investment on Supply Chain Performance through Security Practices in the Korean Trade Sector: Focused on the Air Transport Industry

This article examines the effect of financial investment on the performance of import and export supply chains through security practices in the Korean trade sector. Specifically, three components are identified as related to security practices using air transportation: relationship management, information technology, and security dedicated education. Using a sample of 201 professionals in the air transport sector, a structural model is outlined and empirically tested. The results show that financial investment positively affected relationship management, information technology, and education. They also had positive impacts on the performance of import and export supply chains. Financial investment had a positive impact because the positive indirect impact outweighed the direct insignificant impact. In general, our findings suggest that in the Korean trade sector utilizing air transportation, investment in security has a positive impact on the performance of import and export supply chains through relationship management, information technology, and education on security in the supply chain.