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Factors Affecting Restaurant Business Performance

Authors: Jeon, Yongpil; Jeon, Yongpil;

Factors Affecting Restaurant Business Performance

Abstract

This study is designed to analyze the factors affecting foodservice businesses’ management performances, using the survey data of the ‘2015 Status of Foodservice Business Management’ conducted with all regions and business types by the Korea Agro-Fisheries & Food Trade Corporation and Korea Foodservice Industry Association. The Ordinary Least Square (OLS) and the quantile regression method are applied to analyze the factors affecting the sales per seat used to indicate foodservice businesses’ management performances. The results demonstrate that location in a special/metropolitan city, governmental authorization, educational background, and SNS promotion contribute to the advancement of management performance.

Keywords

quantile regression, restaurant industry, management performance, Industrial Organization

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
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