• The Korean Journal of Financial Studies
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• v.11 no.1
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• pp.177-198
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• 2005

본 연구는 기업의 자본비용을 반영한 초과이익(excessive earnings)의 우리나라 주식시장에서 투자지표로서의 유용성에 대해서 분석하였다. 이를 위해서 주당초과이익과 함께 전통적인 성과지표인 주당순이익을 비교분석하였으며, 주된 분석결과를 요약하면 다음과 같다. 첫째, 분석기간 중 주당순이익을 기준으로 보면 대부분의 기업들이 양(+)의 값을 가지는 것으로 나타났으나, 주당초과이익의 경우에는 대다수의 기업들에서 음(-)의 값을 가지는 것으로 나타났다. 이는 기업들이 주주들에게 충분한 보상을 하지 못하고 있다는 것을 의미한다. 둘째, 주당초과이익(EES)은 전통적인 성과지표(EPS, ROE)보다 주식수익률과 상관관계가 높으며, 주당순이익에 비하여 주당초과이익을 기준으로 포트폴리오를 구성하는 경우에 보다 높은 초과수익률을 올릴 수 있는 것으로 나타났다. 셋째, 주당순이익 기준에 의한 하위집단의 누적평균초과수익률은 유의적으로 음의 값을 보이는 반면에 상위집단은 0과 차이를 보이지 않는다. 그러나 주당초과이익 상위집단의 수익률은 시장수익률보다 유의하게 높고 하위집단에서는 낮게 나타난다. 이는 주당순이익이 낮은 EPS 하위집단의 경우는 당기순손실이 주는 부정적 효과가 반영된 것으로 유추할 수 있으며, 투자지표로서는 EES가 유용한 것으로 판단된다. 결론적으로 기업의 진정한 부가가치 생산은 자본비용을 반영한 순이익이며, 제한적이지만 우리나라 주식시장에서 초과이익이 투자지표로서 활용될 수 있을 것으로 판단된다.

• Proceedings of the Korean Society of Propulsion Engineers Conference
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• 2017.05a
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• pp.358-363
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• 2017

The high intercept probability depends on optimization of the system, which consists of target detection, tracking system, missile system and so on. To reduce the complexity of global optimization of the system performance, simplification of the relative dependances of each sub-system is done and design parameters for DACS configuration are identified. The conceptual design process is addressed based on the requirement of the design parameters and new methodology is suggested for higher performance.

• Journal of the Korean Institute of Traditional Landscape Architecture
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• v.29 no.3
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• pp.52-60
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• 2011

The traditional village forests called Dangsan forest and Bibo forest in Korea represent unique cultural landscape with a history of more than several hundred years. The Natural Monument # 405 named 'Roadside forest in Sachon-ri, Uiseong' was established by the ancestors who settled in the village about six hundred years ago. The Dangsan ritual had been held in the forest and the ritual started to be held at a shrine since early 1700's. Although the place where Dangsan ritual was held has been transferred from forest to outside forest, the status of Dangsan forest was not changed. The forest has not been known as a Dangsan forest. Instead, it has been known as a Bibo forest with a name meaning roadside forest. It is our duty to hand historic monuments on in full richness of their authenticity. No new construction, demolition or modification which would alter the mass and colour must be allowed. Furthermore, every means must be taken to facilitate the preservation of the monument and to reveal it without distorting its meaning. The 'Roadside forest in Sachon-ri, Uiseong' is a deciduous forest composed of Quercus aliena, Quercus acutissima, and Sophora japonica, with a size of $920{\times}90m$ at the side of a stream. An old Sophora japonica tree known as a scholar tree indicates that this forest is related to confucianism. The name 'Roadside forest in Sachon-ri, Uiseong' does not seem to be correct. In fact, the traditional village forest in Sachon-ri was a riparian buffer. The 'Roadside forest in Sachon-ri, Uiseong' need to be changed to 'Dangsan forest in Sachon-ri, Uiseong'. With a correction on name and authenticity restored, the value of cultural heritage in Sachon-ri would be recognized effectively.

• The Journal of the Korea Contents Association
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• v.12 no.10
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• pp.237-253
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• 2012

The purpose of this study was to examine the perception of cyber community participants on reconciliation of divorced couple and find reasons for pros and cons concerning reconciliation after divorce. The data were collected through searching for website or Internet cafe related to 'reconciliation after divorce' on Internet. The contents of 7 cases for asking for advice on reuniting and opinions of cyber community participants on them were analyzed. Cyber community participants expressed their approval of divorced couple's reuniting for following reasons: 'strong motive for reunion', 'sexual relation with ex-partner', 'parental responsibility', 'regarding reconciliation as a better choice than remarriage', 'regarding as a good choice for child' etc. But cyber community members were opposed to divorced couple's reuniting for following reasons: 'doubt about real intention to reuniting', 'no self-reflection on previous marriage and ex-spouse', 'concern for recurrence of former marital conflict', 'reuniting only for child not for couple', 'no prior settlement of former marital conflict', 'no forgiveness and tolerance for ex-spouse', 'no reflection and change', 'no effort on ex-spouse's side' etc. Though these results were restrictive, this study identified issues surrounding reconciliation after divorce through asking and giving advices by anonymous members on cyberspace. These findings implied that we should take more interest in reconciliation as an realistic alternative marriage pattern after divorce and consider what is important to successful reuniting after divorce.

• Journal of Korean Philosophical Society
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• v.143
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• pp.189-214
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• 2017

Disgust is caused by human being incompleteness and also its denial. Therefore the understanding of disgust is concerned with the understanding of humans. Thinking critically about disgust, we can solve the problems of disgust and reflect on our limitations. I will refer to Nussbaum's view which finds out in "projective disgust" an antipathy to human fault and a wish for completeness. This article is interested in the fact that disgust is not only a rejective feeling of a person but also a collective emotion which is connected with an antagonistic relationship and power exercise. Specifically, this article focuses on the point that disgust is mobilized to maintain a dominative relationship between humans. This is associated with the inner characteristics of disgust because disgust in itself contains a one-sided perspective, exclusiveness, hierarchy, and domination. This article aims to reveal a collusion between disgust and domination. For the purpose we will pay attention to two basic inclinations which are immanent in disgust; purity and exclusion, while relying on Nussbaum's view of disgust. In accordance with this analysis, this article will specificity treat disgust which can be summarized as an ideological function of emotion and its violent tendency. Then, we can ensure that disgust threats the equal and dignitary worth of human beings and hinders the diversity and rationality of a liberal society. In addition, it will be emphasized that disgust should not be used as an ideology which discriminates and suppresses a specific group in a society.

• Korean Journal of Social Welfare Studies
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• v.44 no.3
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• pp.301-322
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• 2013

By analyzing wave 1~11 (1998~2008) of Korean Labor and Income Panel Study(KLIPS) database, this study examines the effects of household characteristics and poverty duration on poverty exit. A special concern is to decide whether the decrease of poverty exit rates comes from true duration dependency or from the sample heterogeneity as poverty duration progresses. I also analyzed how the effects of independent variables are changed when unobserved heterogeneity is controlled. The results show that duration dependency disappears after controlling observed household characteristics and unobserved individual heterogeneity. This finding confirms that the apparent relationship between poverty exit rate and poverty duration is in fact a spurious association due to the sample heterogeneity rather than true duration dependency. In addition, the effects of household characteristics on poverty exit rate become more stronger when unobserved heterogeneity is controlled. Socioeconomic factors affecting poverty exit rates are such as householders' age, education, household composition, number of family members, labor force participation, and work status.

• Journal of the Korea Convergence Society
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• v.13 no.4
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• pp.233-244
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• 2022

One of the most noteworthy topics in recent corporate management is ESG(Environmental, Social, Governance). Although there are many companies that have declared ESG management, KT has declared full-fledged ESG management in 2021 and is sharing its sustainable management strategy with stakeholders. In addition, KT is strengthening ESG management by issuing ESG bonds for the first time in the domestic ICT industry. At a time when the information technology industry became more important due to COVID-19, this study attempted to examine KT's ESG management goals and strategies by dividing them into environmental, social, and governance areas. KT was aiming to achieve environmental integrity through 'environmental management', 'green competence', 'energy resources', and 'eco-friendly projects' in the environmental field. In addition, in the social field, genuine creating social value was pursued through 'social contribution', 'co-growth', and 'human rights management'. Finally, in the governance area, it was aiming for a transparent corporate management system to pursue economic reliability through 'ethics and compliance' and 'risk management'. In particular, KT was promoting its own ESG management by promoting strategies to solve environmental and social problems using AI and BigData technologies based on the characteristics of a digital platform company. This study aims to derive implications for ESG strategy establishment and ESG management development direction through KT's ESG management case in relation to ESG management, which has emerged as a hot topic.

• Journal of Korea Entertainment Industry Association
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• v.13 no.8
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• pp.41-54
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• 2019

Today, companies are supporting filed of culture and art forms as part of its social contribution activities to cultural support. Also, improvement of commercial interests and profit structure for enhancing the image of support taking shape at the same time, such as a strategic approach. Culture of companies in building confidence and enhance its operational activity is the image of the positive effect that charitable point of view social contribution projects and strategic point of view of culture support activity. Therefore, corporate culture in the study formed in supporting a variety of factors recognized the importance, culture support for business activity is the image of the factors which are behavior, social responsibility actions, corporate contributions to analyze the impact. Then the company's corporate image formed by supporting a culture and see if any influence on customer loyalty to carry out an empirical study. The conclusions of this study are as follows: first of all, corporate culture support activity is affecting contributions to corporate social responsibility actions and behavior of the corporate image, and image formed to consumers has shown to have a positive impact on customer loyalty. Second, corporate image formed by supporting a culture wac shown to have a positive impact on customer loyalty.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.17 no.5
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• pp.31-47
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• 2022

The TIPS, a representative public-private cooperative project to revitalize the start-up ecosystem, is a government supported policy that promotes successful commercialization through various start-up support for technology-based startups. The purpose of this study is to analyze the investment decision factors of the TIPS program and to derive priorities. In order to achieve the research purpose, first, the investment decision factors were derived through literature analysis, a Delphi surveys were conducted on investors and experts participating in the evaluation of the TIPS program, and an AHP analysis was conducted on 20 VCs to empirically analyze the priority of factors on investment decisions. As a result of the analysis, the importance of critical factors was confirmed in the order of entrepreneurs(team) > market > product/service > finance > network. The importance of detailed factors was found in the order of entrepreneur's reliability and authenticity > market growth and scalability > team members' expertise and capabilities > adequacy of current market size > new market creation. This study presented the capabilities of technology-based startups preparing to participate in the TIPS program by deriving factors that influence investment decisions from an investor's perspective and comparing and analyzing the importance. It is also meaningful that basic data on determinants of private-led investment decision-making were presented to stake-holders such as venture capital, accelerator, and start-up support institutions.

• Journal of Korean Medical classics
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• v.19 no.4
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• pp.212-218
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• 2006

당금시대(當今時代), 정진입도동서방문명형성상호간적융합공제(正進入到東西方文明形成相互間的融合共濟), 병탐색착이상생적관계진행발전적전절기(幷探索着以相生的關係進行發展的轉折期). 동양사상통과관찰정체적직관여통합적사유방법(東洋思想通過觀擦整體的直觀與統合的思維方法), 설명료우주변화규율화인간적각종난해지미(設明了宇宙變化規律和人間的各種難解之謎), 종이창조출료위대적음양오행론사상(從而創造出了偉大的陰陽五行論思想). 단시수착 '서세동점' 적조류(但是隨着 '西勢東漸' 的潮流), 신위동양인이교육화사유방법이축보서양화(身爲東洋人而敎育和思維方法已逐步西洋化), 미능계승아문적위대전통(未能繼承我們的偉大傳統), 반피서양적과학문명화물질문명소흡수(反被西洋的科學文明和物質文明所吸收). 연이(然而), 서양적임하일종철학급과학(西洋的任何一種哲學及科學), 몰유일개능구이일종원리래설명우주화인간급만물적변화(沒有一個能구以一種原理來說明宇宙和人間及萬物的變化), 즉몰유일개능여동양적음양오행론상필적적철학화이론(卽沒有一個能與東洋的陰陽五行論相匹敵的哲學和理論). 포괄음양오행론재내(包括陰陽五行論在內), 동양사상이기흔강적설복력, 수착과학진보(隨着科學進步), 기가치개시중신피인식(其價値開始重新被認識). 이전뇌화수자혁명위대표적현대문명(以電腦和數子革命爲代表的現代文明), 역시근거음양론적이진법위기초이창조출래적(亦是根據陰陽論的二進法爲基礎而創造出來的). 애인사탄(愛因사坦), 탕천수수(湯川秀樹), 니극발이(尼克勃이), 가포라등(기布羅等), 균대동양사상적위대성가이인가(均對東洋思想的偉大性加以認可), 병종차득도영감(幷從此得到靈感), 취득위대적과학성과(取得偉大的科學成果). 음양오행론시불가마살적절대진리(陰陽五行論是不可磨殺的絶對眞理). 불관대기이론가치급본질무지적인(不管對其理論價値及本質無知的人), 즘양급여평가, 단시저일이론시일개해석자연화인간본질급설명기변화적이론(但是這一理論是一個解釋自然和人間本質及說明其變化的理論), 결부회상실기진정적가치(決不會喪失其眞正的價値).