• Management & Information Systems Review
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• v.30 no.3
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• pp.217-239
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• 2011

The paper explores how corporate payout polish depends on managers' stock-option value. Specifically, this paper examine the relationship between managers' stock-option value and the ratio of stock repurchase, and analyze the relationship between price-incentive intensity of managers' stock-option and the ratio of stock repurchase. The hypotheses mentioned above are empirically tested using 137 firms listed on the Korean Exchange(KRX). OLS and Tobit regression method are used to above hypotheses. The results of this paper are as follows: First, as managers' stock option value increases, future the ratio of stock repurchase increase. Second, as the price-incentives intensity of managers' stock option increases, the patio of stock repurchase also increase. Overall, The above results imply that managers with stock option prefer stock repurchase over cash dividends to increase private benefits.

• Biomedical Science Letters
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• v.4 no.2
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• pp.137-142
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• 1998

We examined mRNAs, isolated from the rat brain, to ascertain if there is any polymorphism for S-100 beta protein gene. As templates for polymerase chain reaction (PCR) the reverse-transcribed cDNA from the rat brain or phage DNAs isolated from the rat brain cDNA libraries were used. Although PCR products turned out to be exactly same as the expected size based on the previously reported mRNA sequence a single base substitution (CAT to CAC) was identified at nucleotide level. This change was considered as polymorphism since it did not cause any change of the primary structure for S-100 beta protein. This result should facilitate the understanding of the overall structure of the gene for S-100 beta protein.

• Korean Business Review
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• v.7
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• pp.165-196
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• 1994

Harris(1986)[22]는 주식가격에 있어서의 요일효과(曜日效果)(day-of-the-week effect)의 증거는 광범위한 시장지수에서의 일별(日別) 종가(終價) 대 종가(終價)수익률(收益率)에 대한 연구들에서 나타난다고 한다. 이러한 연구들은 결론적으로 체계적 수익률 행태를, 특히 음(陰)의 월요일 수익률을 증명한다. Harris(1990)[24]는 군집현상(群集現象)은 가격이산성(價格離散性)이 추정량(推定量)에 미치는 영향을 분석할 때 고려되어야 한다고 주장한다. 특히, 군집현상(群集現象)이 거래자가 규정된 최소가격변동에 기초한 집합보다 더 큰 이산적(離散的)가격집합(價格集合)을 사용하기 때문에 결과한다면, Gottlieb 와 Kalay(1985)[21] 및 Harris(1990)[24]에서 확인된 분산(分散)과 시계열공분산(時系列共分散) 추정량(推定量) 편의(偏倚)는 훨씬 더 심각할 것이라고 한다. 또한 모든 연구들은 이산성(離散性)이 거래가격의 유의한 특성이기 때문에 군집현상(群集現象)을 고려하여야 한다고 한다. 주식시장의 경우 요일효과가 존재한다면, 관찰주가의 이산성(離散性)으로 인한 요일별 주가의 끝자리가격의 분포가 월요일과 다른 요일에 있어 차이가 있는지와 요일별 가격결정의 정도가 (1) 주가의 수준, (2) 주가수익률의 기복 및 (3) 시장에서의 주식거래량에 있어 차이가 있는지 둥에 대하여 의문을 갖게 한다. 따라서 본 연구는 이산성으로 인한 요일별 관찰주가의 군집현상에 관한 거래자료를 연구하기 위하여 한국 주식시장에서의 입수가능한 최근년도인 1990년 1월 4일에서 1994년 6월 30일까지의 4년 6개월 동안의 일별주가변동(日別株價變動) 거래자료(去來資料)를 조사하고 실증분석을 수행하였다. 본 연구의 결과에 의하면 주식가격에 있어서의 요일효과는 관찰가격의 이산성 특히, 호가(呼價)의 가격단위(價格單位)에 기인하는 것 같지는 않다. 그러나 본 연구의 결과에 의하면 최돈일(1993)[7]의 연구 결과에서와 같이 Gottlieb 와 Kalay(1985) [21] 및 Ball(1988)[9]의 주장을 받아들이기 어렵다. 최돈일(1993)[7]의 연구를 확장한 본 연구의 결과는 최돈일(1993)의 연구 결과와도 상이하다.

• Journal of the Korean Crystal Growth and Crystal Technology
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• v.19 no.3
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• pp.152-158
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• 2009

Various fabrication methods have been used to synthesize sapphire which has qualities of jewelry well beyond the industrial class. Among them, the flux sapphire of Chatham Company which has as high value as jewelry was selected in order to compare natural and synthetic sapphire. First, the WD-XRF (Wavelength dispersive x-ray fluorescence spectrometer) was used to analyze the chemical composition of natural and synthetic sapphire. Although natural sapphire had very diverse chemical compositions, flux sapphire had small quantities of Mo, Pt and Pb elements in addition to the similar chemical ingredients to natural one. Pt is decisive proof of flux sapphire. Next, by investigating spectroscopic characteristics using UV-VIS Spectrophotometer after heat treatment at high temperatures of $1300^{\circ}C$ and $1500^{\circ}C$, the variation of 690 nm absorbance related to $Cr^{3+}$ was detected in the natural sapphire while those of the 690 nm absorbance (related to $Cr^{3+}$) as well as absorbance of 376 nm and 388 nm ($Fe^{3+}$) were seen in the flux sapphire. It was found that the difference in the absorbance variation of flux sapphire is greater than that of natural sapphire after heat treatment. The chemical composition and spectrum analysis were utilized to compare the natural sapphire and the flux synthetic sapphire.

• Journal of Korea Technology Innovation Society
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• v.20 no.4
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• pp.1262-1287
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• 2017

Recently, forecasting for next-generation technologies have influenced the competitiveness of companies. However, in previous studies, only extract factors influencing the adoption of technology have been investigated. Also, there are few researches on the importance of each decision factors or the competition between technologies. In this research, Lotka-Volterra model is used to confirm the technological competition in the new technology choice timing when the competition is intensified due to the emergence of new technologies. For purpose of this study, estimate the LVC model based on the data of the past competition and then derived the factors affecting the technology of competition and substitution from the literature survey. After that, we confirmed the factor value between the past and the present technology competition. The difference between the factor values derived from the previous step is used to revise the model estimated from the past data base. At this stage, regression analysis is used to derive the importance of each factor and use it as the weight. Through the correction model, the competitiveness is identified through 1:1 comparison with competition candidate technology and existing dominant design technology. In this research, we quantitatively propose the possibility that a specific technology can become a dominant design in the next generation, based on the difference in factor values and importance. This results will help the company's R&D strategy and decision making.

• The Korean Journal of Air & Space Law and Policy
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• v.19 no.2
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• pp.137-162
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• 2004

Generally the aircraft accident caused a great loss of lives, severe property damages including aircraft's total loss and thus, affect enormous emotional and economic damages to the public. We, therefore, should try every efforts to prevent the re-occurrence of aircraft accident by examining the cause of accident closely and discovering it through aircraft accident investigation. Though the object of an accident investigation is not to apportion blame but to discover a cause or causes of an accident to prevent future accidents, the cause of an accident would play a vital role in determining the liability of the carrier, legal relationship with the third party and jurisdiction, etc. in the aviation litigation. Therefore, it is very important that aircraft accident investigation are carried out by a professional and independent agency. Also, it needs for us to be careful in applying investigation results in the courts not to be deterrent to discovering the cause of accident. Korea now has the Aviation Accident Investigation Agency Board under the Korean Ministry of Construction and Transportation, but unfortunately it is often pointed out that it lacks professionalism and independency due to the bureaucratism of the Government. We, therefore, should establish a professional and independent aircraft accident investigation agency like United States' NTSB and reflect the issues mentioned-above on the new Act.

• KIPS Transactions on Computer and Communication Systems
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• v.9 no.10
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• pp.231-238
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• 2020

With a large number of documents appearing on the web, document-level novelty detection has become important since it can reduce the efforts of finding novel documents by discarding documents sharing redundant information already seen. A recent work proposed a convolutional neural network (CNN)-based novelty detection model with significant performance improvements. We observed that it has a restriction of using document-level information in determining novelty but assumed that the document-level information is more important. As a solution, this paper proposed two methods of effectively incorporating document-level information using a CNN-based novelty detection model. Our methods focus on constructing a feature vector of a target document to be classified by extracting relative information between the target document and source documents given as evidence. A series of experiments showed the superiority of our methods on a standard benchmark collection, TAP-DLND 1.0.

• Journal of Korea Society of Industrial Information Systems
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• v.21 no.6
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• pp.125-135
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• 2016

It is well known that the encouraging startups play a major role for innovation in an economy. Thus, venture capital are indispensable for the growth of startups. The literature on investment performance of venture capital reveals that the investment strategies depend largely on the characteristics and capabilities of venture capital. Therefore, investment capability of venture capital is important. There are various investing roles that can be identified by venture capital when determining what kind of startup to invest in, whom to invest with, how to invest, how to post-investment management after investment, and so on. This research was conducted to understand the effect of investment capabilities of venture capital on investment performance. To do so, we surveyed 70 venture businesses in the Seoul and Gyeonggido region for an empirical analysis. The empirical results of this paper are summarized as follows. First, the financial performance of venture firms is influenced by the financial capacity of venture capitalists, and investment evaluation of venture capital. Second, the business performance of venture firms is influenced by the marketing support consulting of venture capital, and investment evaluation of venture capital.

• The Journal of the Korea Contents Association
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• v.18 no.4
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• pp.38-47
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• 2018

Even though there are many discussions about how to plan new content, it is difficult to find the discourse about planning new content in media academy. I tried to check how useful the semantics is in planning new content by autoethnography and how liberal art approach connect with content production field. As I had had no experience of making new current issue program, I chose forced connection method to develop new program's title 'Danbak'. By listing the meaning of 'Danbak' which means 'at once', 'without delay', 'on the spot', 'frankly', I could arrange new mechanism for the program and decide whom to invite and this could be called content planning method by semantics. This is the result of forced production environment characterized by short period for planning and small team and it shows that liberal art approach is useful enough.

• The Journal of the Korea Contents Association
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• v.15 no.1
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• pp.276-285
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• 2015

The aim of this study was to identify the impact of community factors on the community-level Health-Related Quality of Life (HRQOL) in Korea. This was a cross-sectional study conducted in 2012 using secondary data(n=209) of the Korean Statistical Information Service. The framework was based on community factors provided by the International Council of Science (ICSU) and community factors were categorized based on six aspects. Multiple regression was applied to community factors depending on the community EQ-5D index. Smoking rate, "Good" self-rated health rate, water and wastewater coverage rate, and financial independency rate were significantly and positively associated with the EQ-5D score. Net migration rate(more move out than move in), obesity rate, unmet needed health care rate, and community type(rural than urban) were significantly and negatively associated with the EQ-5D score. This study identifies association for the impact of community factors on the community-level HRQOL and can provide useful evidence for development of community health promotion policies.