• Journal of the Korea Convergence Society
• /
• v.12 no.8
• /
• pp.207-214
• /
• 2021

Existing studies have shown consistent results that a diversification discount phenomenon occurs, which means that the value of the company decreases as the degree of diversification of a company increases. Nevertheless, it is explained by the agency theory as a factor that continues to promote diversification by companies. And in order to solve the agency problem, it is important to form an effective governance structure. In order to solve these problems, this study aims to study how the directors' concurrent information affects the monitoring effect of the board of directors through this affects diversification.To this end, research was conducted on KOSPI companies for 6 years from 2011 to 2016.As a result of the analysis, in the case of the concurrent appointment of the CEO and the inside director, there was a positive (+) effect, but the significance could not be confirmed. In the case of adjunct appointments as outside directors, positive results were confirmed that were significant for diversification.

• Journal of the Korea Convergence Society
• /
• v.13 no.1
• /
• pp.365-373
• /
• 2022

The purpose of this study is to determine the effect of concurrent appointment as a director on the quality of the internal accounting management system (IACS). For analysis, 9,343 KOSPI & KOSDAQ company-year data from 2014-2019, excluding the financial industry, were used. As a result of the analysis, it was confirmed that the quality of IACS decreased as the number of multiple positions in the director increased. Although there is a difference in the roles of inside and outside directors, it was found that the quality of IACS decreases equally as the number of board members. According to the business hypothesis, this can be said to be the result of the agency problem within the company because directors, who were more busy with concurrent positions as directors, did not put sufficient effort into their work. This study suggests that information on the concurrent position of directors can be a new indicator that reflects the characteristics of the board in evaluating the effectiveness of corporate governance.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.10 no.3
• /
• pp.85-97
• /
• 2015

This study examined the effects of outside directors and CEO duality on acquisition strategies and performance of Korean firms in high-technology industry. Based on the resource dependence theory, we focused on the service and resource-dependence roles from board of directors in the process of decision-making of acquisition strategies. In addition, CEO opportunism behavior rises when CEO serves as chairperson of board and induces the negative effects on acquisition performance. Specifically, we investigated the interaction effects between outside directors ratio and CEO duality. For the period of 2004 to 2012, 246 acquisitions of Korean firms in high-technology industry were analyzed to test our intended hypotheses. Our results indicate that there exist positive relationship between outside director ratio and acquisition performance for Korean high-technology firms. Negative associations prevail between CEO duality and performance consequences of acquisitions. While outside director ratio has a positive effect on acquisition performance when there is a presence of CEO duality, negative effect prevail for outside director ratio on acquisition performance in the absence of CEO duality position to hold our interaction hypothesis. The favor of dual structure can be explained with implications referring to unity of command and strong leadership driven from CEO duality that enhances the resource dependence roles of board of directors in the context of high-technology industry acquisition behaviors rendered by Korean firms.

• The Journal of Korean Philosophical History
• /
• no.38
• /
• pp.63-96
• /
• 2013

$L{\ddot{u}}Zuqian$(呂祖謙) was one of the famous philosophers during the Southern Song period, and is called one of DongNamSanXian(東南三賢) together with ZhuXi(朱熹) and ZhangShi(張?). With his profound knowledge transmitted and uphold by JiaXue(家學), $L{\ddot{u}}Zuqian$(呂祖謙) established his learning system, interacting with scholars of those days. Principally, $L{\ddot{u}}Zuqian$(呂祖謙)'s XinLun(心論) was based on Mengzi(孟子)' theory of LiangXin(良心) and BenXin(本心). $L{\ddot{u}}Zuqian$(呂祖謙) explained the meaning of such a conscience through ChuXin(初心) and Inner NeiXin(內心). According to $L{\ddot{u}}Zuqian$(呂祖謙), ChuXin(初心) arouses when one encounters external things, and this one's intention enables us to make the right judgments over the outside objects. NeiXin(內心) means LiangXin(良心) and BenXin(本心) that recovered the ability of moral awareness. The important significances of $L{\ddot{u}}Zuqian$(呂祖謙)'s XinLun(心論) are XinWai WuDao(心外無道), and XinWaiWuTian(心外無天). Through these, $L{\ddot{u}}Zuqian$(呂祖謙) emphasized that Tian(天), Dao(道), and Li(理) are one. $L{\ddot{u}}Zuqian$(呂祖謙) arranged a meeting of EHuSi(鵝湖寺), and exerted efforts to negotiate the academic differences between ZhuXi(朱熹) and LuJiuyuan(陸九淵). However, compared with LuJiuyuan(陸九淵) who asserted FaMingBenXin(發明本心), $L{\ddot{u}}Zuqian$(呂祖謙) put the emphasis on DaoWenXue(道問學) with self-awareness of conscience. Meanwhile, $L{\ddot{u}}Zuqian$(呂祖謙) valued much of Jing(敬) like ZhuXi(朱熹). But, to $L{\ddot{u}}Zuqian$(呂祖謙), Jing(敬) meant WuJianDuan(無間斷) of ChunYiBuZa(純一不雜) DaoDeXin(道德心), and implied the same as Cheng(誠). $L{\ddot{u}}Zuqian$(呂祖謙) stressed the reading and pursuit of study, however, he also asserted that Li(理) could be understood and realized through self-awareness of one's mind and its reflection, and working without interruption. $L{\ddot{u}}Zuqian$(呂祖謙)'s academic tradition of the XinXueDe XueFeng(心學的 學風), which reveals through compromise and confrontation with ZhuXi(朱熹), can be said that it will have a significant meaning of idealism of dispute in the Southern Song period.

• 프린팅코리아
• /
• v.12 no.5
• /
• pp.74-75
• /
• 2013

한국코닥은 지난 4월 18월 상암동 본사 회의실에서 히로시 후지와라 사장 취임 기자간담회를 개최했다. 이날 간담회에서 히로시 후지와라 사장은 고객의 성공을 위해 최선을 다할 것이며, 고객의 요구사항을 정확히 파악하기 위해 만남의 기회를 많이 가질 것이라고 밝혔다. 또한 겸임하고 있는 일본 코닥의 경영방침인 'One Kodak'은 고객제일주의를 지향하는 코닥의 글로벌한 철학으로 한국 실정에 맞는 고객 서비스 방법을 개발, 적용해 나갈 것이라고 했다.

• 주택과사람들
• /
• s.5
• /
• pp.97-110
• /
• 1990

본 자료는 밀즈(Edwin S. Mills)교수가 세계은행으로부터 용역을 의뢰받아 작성한 보고서 중 우리나라의 토지공급체계에 관한 부분을 발췌한 것으로 공사 이송만 부사장이 세계은행 선임경제연구원인 한나(Lawerence M. Hannah)씨의 양해를 얻어 번역게재하게 된 것임. 필자인 밀즈교수는 미국 노스웨스턴 대학 켈로그(Kellogg)경영대학원 교수로서 부동산 조사연구소 소장을 겸임하고 있으며 부동산 및 재정분야에서 세계적으로 널리 알려진 학자임.

• JOURNAL OF ELECTRICAL WORLD
• /
• no.7 s.43
• /
• pp.24-29
• /
• 1980

• Cement
• /
• s.54
• /
• pp.53-58
• /
• 1974

• Journal of Korea Port Economic Association
• /
• v.32 no.1
• /
• pp.1-16
• /
• 2016

In this study, we explore the characteristics of directors' network structure and investigate the relationship among the network of board directors in the Korean logistics industry. Social network analysis reveals hidden patterns of the interlocking directors' network. We construct a directors' network index using social network analysis of the Korean logistics industry. Empirical results have showed that of the 23 companies analyzed, the network index of Korean Air is the highest. The interlocking network index of Korean Air, Hanjin and Hanjin Logistics Company is 0.4, 0.32 and 0.24 respectively. Korean Air has a strong central interlocking network that can create social power through the logistics industry. Our paper contributes to the broad literature in two ways. First, unlike the existing literature on director structure, this paper concentrates on the relationship among interlocking directors. Second, logistics firms need to be aware of the importance of networks and recognize the occurrence of power.

• 프린팅코리아
• /
• s.27
• /
• pp.38-45
• /
• 2004

지난 6월과 7월, 중국 위해시 전기민 신문출판국 국장(인쇄협회장 겸임)을 단장으로 하는 투자유치단이 대한인쇄문화협회를 두 차례나 연거푸 방문했다. 그들은 한국의 인쇄시설과 기술 발전에 놀랐다면서 위해시에 조성중인 인쇄공단에 한국 인쇄업체들이 진출해 주길 간곡히 요청했다. 그리고 위해시에 조성중인 인쇄공단을 보여 주겠다며 기자를 정식 초청했다. 체재비용 일체를 부담하겠다는 조건도 달았다. 그동안 우리나라에 특별히 알려진 바 없는 위해시에 대단위 인쇄공단이 조성되고 한국 인쇄업체를 유치하겠다는 그들의 발상에 다소 의아한 생각이 들기도 했지만 전기민 단장을 비롯한 투자유치단의 설명이 워낙 진지해 보여 현장 취재를 해 보기로 결심했다.