• Title/Summary/Keyword: 비대칭계수

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A Study on Effects of Corporate Governance Information on Credit Financial Ratings (기업지배구조정보가 신용재무평점에 미치는 영향)

  • Kim, Dong-Young;Kim, Dong-Il;Seo, Byoung-Woo
    • Journal of Digital Convergence
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    • v.13 no.2
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    • pp.105-113
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    • 2015
  • If the watchdog role of good corporate governance, corporate executives and reduce agency costs and information asymmetries. Corporate governance score higher because enterprise internal control systems and financial reporting system is well equipped with the company management is enabled and corporate performance is higher because the high financial credit rating. Under these assumptions and hypotheses set up this study corporate governance (CGI) has been studied demonstrated how the financial impact on the credit rating (CFR). Findings,

    relevant corporate governance (CGI) and financial credit rating was found to significantly affect the positive (+), Regression coefficient code is expected code of positive (+), the value

    indicated by the value of all positive. The results of corporate governance (CGI) has showed excellent results, such as the more predictable will increase the credit score financial rating. The results of this study will have more CGI-credit financial rating the greater good. This study might be expected to provide a useful guide that corporate social responsibility, the company with a good governance and oversight systems enable to to get a higher credit rating in practice and research.

An equivalent model for the seismic analysis of high-rise shear wall apartments (고층 벽식 아파트의 지진해석을 위한 등가모델)

  • Kim, Tae-Wan;Park, Yong-Koo;Kim, Hyun-Jung;Lee, Dong-Guen
    • Journal of the Earthquake Engineering Society of Korea
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    • v.11 no.5
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    • pp.11-21
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    • 2007
  • Currently in the country, the necessity of seismic analyses is increasing due to the increase of demand and interest in seismic design. Especially, shear wall apartments are constructed mostly for a residental building so seismic analyses for the apartment are actively executed. For the seismic analysis of the shear wall apartment, it may be not efficient in time and effort to model the entire structure by a finite element mesh. Therefore, an equivalent model is needed to simulate the dynamic behavior of the structure by decreasing the number of degrees of freedom. In this study, a method to form an equivalent model that is simple and easy to use was proposed utilizing effective mass coefficient that is highly correlated to mode shape of the structure. This equivalent model was obtained by replacing a shear wall structure with an equivalent frame structure having beams and columns. This model can be used very effectively when excessive seismic analyses are necessary in a short period because it can be operated in any commercial program and reduce the analysis time. Also, it can model floor slabs so it can represent the actual behavior of shear wall apartments. Furthermore, it is very excellent since it can represent the asymmetry of the structure.

Flexural Experiment of PSC-Steel Mixed Girders and Evaluation for Analyses on Tangentional Stiffness of Connection (프리스트레스트 콘크리트-강 혼합거더의 휨 실험 및 경계면 수평계수 분석)

  • Kim, Kwang-Soo;Jung, Kwang-Hoe;Sim, Chung-Wook;Yoo, Sung-Won
    • Journal of the Korea Concrete Institute
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    • v.20 no.2
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    • pp.231-237
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    • 2008
  • This study was performed to evaluate joint behavior of prestressed concrete(PSC)-steel mixed girders through the flexural test of 14 beams according to embedded length, amount of reinforcing steel, stud arrangement, and prestressing force. All test beams were failed by turns of desertion of reinforcing steel, stud, and steel plate. From test results, prestressing force was more effective on performance of connection than stud arrangement and reinforcing steel. And the spacing of stud is also more effective than embedding length. This paper also presented 3D nonlinear analysis considering the slip of composite section as well as the static load tests of PSC-steel mixed girders. According to the slip modulus, the nonlinear analysis showed that the behavior of hybrid girders could be divided into three parts as full-composite, partial-composite and non-composite. However, the experimental results showed that the PSC-steel hybrid girders with shear connectors took the part of partial composite action in ultimate load stage. In addition, it was founded that stud shear connectors and welded reinforcements were contributed to improve the ultimate strength of hybrid girders for about 20%.

Characteristics of Hydrography and Tidal Current in Hampyung Bay, the Western Coast of Korea (서해 함평만의 해수 물성구조 및 조류 특성)

  • Lee, Kyeong-Sig;Jun, Sue-Kyung
    • Journal of the Korean earth science society
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    • v.30 no.2
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    • pp.247-256
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    • 2009
  • Characteristics of hydrography and tidal currents were investigated in Hampyung Bay through in situ CTD data, tidal currents and elevations. According to the seasonal weather variability, hydrography showed the lower density with high temperature and low salinity in summer and the higher density with low temperature and high salinity in winter. In particular, the thermal structure like a tidal front was formed along the central channel at the neap tide of summer. The critical value of the parameter $SH(=log_{10}(H/U^3)$ where H is depth and U is $M_2$ tidal current amplitude) representing the formation position of tidal front was estimated from 2.4 to 3.5. In addition, the potential energy anomaly $({\phi})$ was ranged between 0.985 and 6.998 Joule/$m^3$, which gradually increased from the mouth into the inner bay. This front may be caused by the unique topography with wide tidal flat and the local difference of tidal current strength. The observed tidal currents at the mouth of bay showed that the ebb time was shorter than the flood time with the increase of depth. This asymmetric ebb-tide dominance is interpreted as a result of tidal distortion by the development of a shallow-water-constituent in Hampyung Bay with a wide macro-tidal flat.

Moderating effects of Income Smoothing on the relationship between managerial ability and manager compensation (경영자 능력과 경영자 보상의 관련성에 이익유연화가 미치는 조절효과)

  • Lee, Eun-Ju;Hwang, Sung-Jun
    • Journal of Digital Convergence
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    • v.19 no.12
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    • pp.321-329
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    • 2021
  • A measure of managerial ability was derived using DEA, a measure of management efficiency, and the correlation coefficient between discretionary accrual and non-discretionary accrual, net income and operating cash flow standard deviation was used as a proxy for income smoothing. verified. In addition, the manager's compensation was used by taking the natural logarithm of the cash compensation per manager. The analysis results are summarized as follows. The analysis period for hypothesis testing is from 2004 to 2017, as a result of the hypothesis analysis of the correlation with the level of manager's compensation, it was suggested that the income smoothing behavior decreased the performance-based compensation and increased the performance-controlled compensation. This can be said to be the result of indirectly confirming that additional compensation is differentially paid for income smoothing. This study has a contribution to the study by empirically analyzing whether income smoothing affects the relationship between managerial ability and managerial compensation. However, although a number of previous studies empirically analyzed that there are upper and lower bounds for manager compensation, there is limitations that could not be analyzed for asymmetric compensation due to income smoothing is expected to expand.

Study on Tensile Properties of Carbon Fiber Reinforced Polymers (CFRP) Laminate with Strain Distribution (변형률 분포를 가진 탄소섬유복합체의 인장특성에 대한 연구)

  • Kim, Yun-Gon
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.24 no.6
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    • pp.25-33
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    • 2020
  • To investigate the relationship between strain distribution and tensile properties of brittle material, five types of tensile coupon of carbon fiber reinforced polymer (CFRP) modified the tab portion in order to have a strain distribution including S0, SD1, SD2, SV1, SV2 were tested. The ultimate stress and strain of SD2 and SV2 which was intended to have larger strain distribution were smaller than those of SD1 and SV1, that was more clearly shown in the test results of the symmetric coupons (SV series) than the asymmetric coupons (SD series). In addition, the ultimate stress and strain of most coupons with strain distribution in this study were decreased when compared to the control group with uniform strain. These results were analyzed in various ways through 1) the average of the strain values directly measured by the strain gages, 2) the converted strain calculated by dividing the total deformation by the effective length, and 3) the ultimate effective strain derived from both the elastic modulus and the ultimate load. The values measured by strain gage indicates response of the local region precisely, but it does not represent the response from whole section. However, the converted strain and effective strain can supplement disadvantage of gage because they represent the average response of whole section. In particular, the effective strain can provide rupture strain conservatively, which can be utilized in practice, when the value obtained by strain gage was not effective due to gage damage or abnormal gage readings near ultimate load. This value provides a value that can be used even when partial rupture has occurred and is reasonably useful for specimens with strain distribution.

A Study on the Method of Evaluating Optical-system Performance and an Athermal Structure through Thermal Analysis of the Korsch Telescope (Korsch 망원경의 열분석을 통한 광학계 성능 평가 방법 및 비열화 구조 연구)

  • Kim, Kyu-Ho;Park, Seong-Woo;Park, Seung-Han;Lee, Kyoung-Mook;Jung, Mee-Suk
    • Korean Journal of Optics and Photonics
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    • v.32 no.6
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    • pp.266-275
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    • 2021
  • In this paper, a method for evaluating optical-system performance and an athermal structure through thermal analysis of the Korsch telescope was studied. In the case of an optical system having a complex asymmetrical structure, there is a limit to implementing the satellite structure by applying the coefficient of thermal expansion (CTE) in the optical-design software, so it is difficult to evaluate the performance of the optical system against temperature changes. To solve this problem, using mechanical design software all length changes were implemented in all structures that affect the optical system according to temperature, and the value of the change in distance between optical components due to temperature change was organized. Also, the values of changes in shape and thickness of the optical components against temperature changes are organized in the optical-design software. All changes derived from both software packages were applied in the optical software to evaluate the performance of the optical system. As a result, it was found that the MTF for a spatial resolution of 71.4 cycles/mm was maintained at more than 25% in the range from 9 ℃ to 33 ℃. In addition, the performance of the optical system applying the improved structure was evaluated, by finding the structure that had the most influence on the optical system's performance change, and deriving an athermal structure to reduce the effect. As a result, it was found that the MTF for a resolution of 71.4 cycles/mm was maintained at over 67% in the range from 9 ℃ to 33 ℃.