• International Area Studies Review
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• v.21 no.1
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• pp.59-77
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• 2017

Diversification strategy is important for the enterprise which intends to expand its competitive advantage. However, it is not always a success because of its different form and level which brings us totally different results also. This study analysis the effect from diversification strategy on firm performance and we divided the diversification strategy into two different level: products diversification level and international diversification level. We select financial data from 88 China listed enterprises during the year from 2008-2013 and use fixed effect model to do the analysis. According to the result, there is a positive effect between diversification strategy and firm value. A company which has the higher products diversification level and international diversification level will more possibly achieve success in diversification strategy. However, there is no significant effect on firm's profit. Considering the time effect of profit, we used after 1 year profit data and find that the enterprise which has a higher level of international diversification will have less profit, but there is also no significant effect between product diversification and firm's profit.

• Journal of the Korea Convergence Society
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• v.11 no.12
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• pp.187-197
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• 2020

In this study, how international diversification of domestic companies increases corporate profits and increases the dividend income of paid-in capital investors, who provided the basis for corporate business activities in the process of distributing profits. I tried to find out if it had an effect. An empirical analysis was conducted using a fixed-effect model for companies with settlements at the end of December listed on the domestic securities market from 2011 to 2018. It was confirmed that the higher the level of international diversification of individual companies, the higher the company's dividend payout ratio and dividend yield. This means that companies can steadily expand corporate profits and dividend yield of shareholders by securing new overseas markets through international diversification, it can be seen that a company's international diversification strategy can contribute to the increase of corporate value by increasing the company's dividend payout ratio by increasing dividendable profit.

• Management & Information Systems Review
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• v.36 no.1
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• pp.291-307
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• 2017

This study analyzes the effects of global diversification level on discretion accruals and firm value. In order to verify the hypothesis of this study, the sample of securities companies was selected from 2012 to 2015, and the final sample is 2,139 firm-year. The results of this paper are as follows : First, discretionary accruals increased as the diversification level increased. We conducted an additional analysis as to whether the increase in information asymmetry due to international diversification affects discretionary accruals. As a result, the increase of information asymmetry due to international diversification increased discretionary accruals. This analysis is consistent with EI Mehdi and Seboui(2001)'s study. Second, we analyze the impact of international diversification on corporate value. In previous studies, there was no consistent conclusion about the relationship between international diversification and firm value(Christophe and Pfeiffer, 2002; Denis and Vost, 2002; Bodnar and Wenintrop, 1997; Bodnar et al., 2003). Therefore, this study hypothesizes that the increase in discretionary accruals, which have been driven by international diversification, will have an impact on firm value. Aa a result of the analysis, we found that the increase in discretionary accruals due to diversification declines the firm value. This means that the increase in discretionary accruals due to diversification is utilized as and opportunistic means by taking individual gain of managers.

• Information and Communications Magazine
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• v.14 no.6
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• pp.55-61
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• 1997

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2023.11a
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• pp.127-128
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• 2023

해양수산 연구개발사업으로 추진하고 있는 "초고속해상무선통신망 무선설비 다각화 및 통신연계 기술개발"은 LTE-M. 무선설비 다각화 개발, 선내 극한환경 대응 무선 M-IoT 기술개발, 선박 M-S2X 기술개발 및 통신망 품질검증 객관화 고도화 연구로 구분되어 추진되고 있다. 해당 논문을 통하여 관련 주요 추진성과를 공유하고 향후 계획을 제시하고자 한다.

• The Journal of the Convergence on Culture Technology
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• v.5 no.2
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• pp.77-82
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• 2019

The purpose of this study is to analyze the relationship between the controlling shareholding ratio and the business diversification of savings banks The difference in this study is the analysis of the relationship between the controlling shareholding ratio of the savings bank and the business diversification using panel data. In this study, the semi-annual financial statements for the period 2014-2018 were used on the basis of a sample of 79 saving banks. The research model is analyzed using random effects generalized linear square (GLS) model considering the autocorrelation problem. As a result of the empirical analysis, it is estimated that the relationship between the controlling shareholding ratio of the savings bank and the business diversification is significant (+). This is the result of supporting the hedging hypothesis.

• Journal of the KSME
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• v.28 no.5
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• pp.452-457
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• 1988

우리나라의 철강업은 수요산업의 견실한 성장에 힘입어 향후 속도는 다소 둔화되겠지만 2000년 까지는 성장이 지속될 전망이다. 현재 선진국도 철강산업의 구조개편으로 혁신적 합리화에 힘을 쏟고 있으며, 이들 국가의 경쟁력이 회복될 경우 국제경쟁은 더욱 치열해 질 것으로 보며 이 러한 환경 속에서 우리나라 철강업이 안정 성장을 이룩해 나가기 위해서는 먼저, 현재 선진국과 같이 수요감퇴에 대비 안정적 수익확보를 위해 경영다각화를 적극 추진해 나가야 하겠으며, 둘 째로 R & D 투자확대를 통해 신기술개발 강화와 신제품개발 확대로 고급강 등 고부가가치 제 품의 비중을 늘려 나가며, 셋째로, 설비합리화를 적극 추진하여 국제경쟁력을 확보해 나가며, 장기적으로 시장다변화 등 국제화 전략을 강화해 나가야 할 것이다.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.9
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• pp.100-107
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• 2018

This study investigated the effect of corporate international diversification on cost stickiness. A cost behavior that indicates a lower rate of cost reduction when the volume of sales decreases than the rate of cost increase when the volume of sales is increased is called cost stickiness. This cost behavior is caused by decisions made by considering the adjusting costs of the manager, and for corporate international diversification, the decision making on the adjustment cost of the manager has been reduced by the offsetting accruals hypothesis. From the empirical results, we observed that the cost stickiness of international diversified companies decreases. It is expected to contribute to the capital market and academia by identifying whether corporate international diversification can have a significant impact on management decision making related to costs.

• 베이커리
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• no.5 s.442
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• pp.82-89
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• 2005

프랑스 국제제과ㆍ제빵전시회(이하 유로뺑)가 지난 4월 16일부터 20일까지 프랑스 파리 노르 빌뺑트 전시장에서 개최됐다. 2005 유로뺑은 최신 트렌드를 반영한 제과ㆍ제빵 관련 제품을 총망라하는 것은 물론 업계에 도움이 될만한 기계와 도구 등 최신 제품을 소개하는 혁신 코너를 마련하는 등 변화와 다각화를 시도했다. 한국대표팀이 참가한 세계크로캉부슈 대회 세계 제빵인들의 큰 축제인 세계제빵월드컵 등 다채로운 부대 행사가 진행돼 더욱 열기가 높았던 제과ㆍ제빵 입계 핫이슈의 현장 2005유로뺑을 찾아가 봤다.

• Nuclear industry
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• v.16 no.8 s.162
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• pp.18-26
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• 1996

과학기술처는 금년 중 주요 업무 계획의 하나로, 원자력 협력 대상국을 다각화하고, 원자력 협력의 효율적$\cdot$체계적 추진과 원자력 기술의 교류 기반 강화 차원에서 유럽$\cdot$동구$\cdot$아시아$\cdot$북미$\cdot$남미 등 권역별로 원자력 국제 협력 추진을 계획, 기술 조사단의 파견을 추진하고 있다. 이 글은 지난 4월 26일부터 5월 6일까지 유관 부처 및 산업계가 공동 참여한 민관합동조사단이 아르헨티나$\cdot$브라질$\cdot$칠레 등 남미 3국의 정부$\cdot$연구소$\cdot$산업체 등을 방문하여 얻은 각국의 원자력 현황의 조사 결과로서, 향후 남미 국가와의 원자력 협력시 귀중한 자료로 활용될 수 있을 것이다.