• The Korean Journal of Financial Management
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• v.11 no.2
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• pp.223-257
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• 1994

본 연구는 최초공모주식의 저가발행 원인에 대한 보험가설을 미국에서의 실제 소송사례를 중심으로 실증분석한다. Tinic(1988)은 최초공모주의 저가발행이 공모에 따르는 법률적 소송위험과 소송으로 인한 간사회사의 명예손상에 대한 일종의 보험효과를 가지고 있으며, 따라서 저가발행의 크기는 소송위험과 음의 관계에 있다고 주장한다. 또한 보험가설에 의하면 실제 소송이 발생했을 경우에도 저가발행의 크기는 소송결과에 유리하게 작용한다고 한다. 본 연구에서 는 1933-1990 기간동안 미국증권법 제 11조 조항을 위반하여 소송이 제기되었던 사례가운데 실제소송의 결과가 알려진 판례를 중심으로 보험가설의 주장을 실증분석 하였다. 또한 최초공모이후의 공모시장을 통한 기업자금 조달시에 주간사회사의 변경여부를 분석함으로써 소송으로 인한 간사회사의 명예손상의 정도를 파악하고자 했다. 연구결과에 따르면 투자자들에 의한 집단소송의 결과와 최초공모주의 저가발행의 크기에는 유의적인 관계가 있음이 실증적으로 제시되었다. 또한 간사회사의 명성과 실제 현금으로 환원한 소송위험간에도 유의적인 관계가 있음을 보여주고 있다. 한편 소송에 관련된 최초공모주의 경우에는 일단 소송이 제기된 후의 공모를 통한 추가기업자금 조달시에 기존의 간사회사를 전원 교체하는 등 통제집단과는 다른 형태를 보여 줌으로써 보험 가설의 주장을 지지하고 있다.

• Journal of Science and Technology Studies
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• v.15 no.2
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• pp.229-262
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• 2015

Toxic tort cases have increased dramatically since the 1970s, as large technological systems, such as nuclear power plants and chemical factories, or mass-produced, high-tech products, had exposed citizens and consumers to dangerous substances. It was, however, difficult to establish causal connection between exposure and the alleged harms in many of the environmental, pollution, and product liability cases under the framework of tort law conception of causation and responsibility. Science and law was called upon to resolve such 'late modern' legal cases where true causes are hard to find, where no single explanatory factor is sufficient for explaining diseases like cancer. This article examines how plaintiffs in the Korean tobacco litigation mobilized such late modern tools in science and law, such as epidemiology and the allocation of the burden of proof, in the context of the global circulation of science and law. It further shows how a set of the scientific theories and legal arguments developed in order to cope with late modern risk played a central role in establishing a causation between smoking and cancer in 2011. This article suggests that STS scholars can fruitfully examine the interaction between science and law as a way to understand and engage with social and legal issues engendered by late modern risk.

• Journal of Digital Convergence
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• v.15 no.1
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• pp.77-84
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• 2017

This study investigates the association between financial reporting strategy and the directors' and officers' liability insurance. Since D&O insurance protects officers and directors against the risks of shareholder litigation, it is possible that, because of moral hazard, managers will be more willing to participate in opportunistic financial reporting such as earnings manipulation when they are covered by a generous D&O insurance policy. This paper examines the association between D&O insurance and financial reporting, specifically whether the purchase of D&O insurance affects earnings manipulation. On the other side, the firms engage earnings management are willing to purchase D&O insurance, this study tests whether earnings manipulation affects D&O purchases using listed firms in Korean stock market from 2006 to 2008. This paper finds that firms with higher discretionary accruals are less likely to purchase D&O insurance implies that managers who are participating in earnings manipulation are not willing to purchase D&O insurance. The relation between discretionary accruals and D&O is significantly negative which indicate D&O insurance purchase does not trigger earnings manipulation rather it alleviates opportunistic reporting behavior.

• Journal of Korean Society of Archives and Records Management
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• v.20 no.2
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• pp.41-65
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• 2020

Organizations always face the risk of litigation; thus, they should actively prepare for it. In particular, public enterprises must respond to lawsuits carefully to avoid any management risk and possible damage of publicity. Given this, this study aims to identify the relationship between efficient litigation response and record management, determine problems related to record management while utilizing records as evidence, and propose measures to improve record management that uses records as legal evidence. For records to be deemed as legal evidence, RMS is essential to ensure authenticity. Moreover, the ability to secure potential evidence and awareness of the importance of records management needs to be validated. The Commission also stressed the importance of cooperation between archivists and the legal team to efficiently respond to lawsuits.

• Digital Contents
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• no.3 s.106
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• pp.80-87
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• 2002

본고는 마이크로소프트(MS)사의 독점금지법 위반 소송에 담긴 여러 가지 의미들을 해석해 보고 MS사가 전개하고 있는 제품 판매 전략이 어떤 위법성을 지니고 있는가를 살펴보고자 한다. 특히 정품 사용을 위한 인증은 개인정보 침해를 유발할 수 있다는 점에서 매우 위험한 요소를 가지고 있다고 할 것이다. 또한 윈도즈라는 운영체계 안에서 다양한 프로그램들을 패키지화(끼워팔기) 하야 VKSA하고 있는 것도 독점법 위반 시비를 불러일으키고 있다. 이에 그동안 MS의 독점금지법 소송과 관련하여 전개된 사항들을 정리하고 그 의미를 짚어 보고자 한다.

• Journal of Korean Library and Information Science Society
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• v.46 no.4
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• pp.325-354
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• 2015

Corporate information has great value, but also poses great risk. Information governance is an organization's coordinated, inter-disciplinary approach to satisfying information compliance requirements and managing information risks while optimizing information value. This study aims to suggest the directions of implementing information governance in business firms based on analyses of Sedona Conference Principles of Information Governance. After analysing and reformulating the principles into control standards, and they are investigated and interpreted in terms of practicing information governance.

• Journal of Preventive Medicine and Public Health
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• v.49 no.1
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• pp.23-34
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• 2016

South Korea's state health insurer, the National Health Insurance Service (NHIS), is in the process of a compensation suit against tobacco industry. The tobacco companies have habitually endeavored to ensure favorable outcomes in litigation by misusing scientific evidence or recruiting scientists to support its interests. This study analyzed strategies that tobacco companies have used during the NHIS litigation, which has been receiving world-wide attention. To understand the litigation strategies of tobacco companies, the present study reviewed the existing literature and carried out content analysis of petitions, preparatory documents, and supporting evidence submitted to the court by the NHIS and the tobacco companies during the suit. Tobacco companies misrepresented the World Health Organization (WHO) report's argument and misused scientific evidence, and removed the word "deadly" from the title of the citation. Tobacco companies submitted the research results of scientists who had worked as a consultant for the tobacco industry as evidence. Such litigation strategies employed by the tobacco companies internationally were applied similarly in Korean lawsuits. Results of tobacco litigation have a huge influence on tobacco control policies. For desirable outcomes of the suits, healthcare professionals need to pay a great deal of attention to the enormous volume of written opinions and supporting evidence that tobacco companies submit. They also need to face the fact that the companies engage in recruitment of scientists. Healthcare professionals should refuse to partner with tobacco industry, as recommended by Article 5.3 of the WHO Framework Convention on Tobacco Control.

• Proceedings of the Korea Contents Association Conference
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• 2013.05a
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• pp.191-192
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• 2013

형사소송의 목적은 사안의 진상을 밝혀 적정한 형벌권을 실현하는데 있다. 수사기관은 범죄사실을 명백히 밝히기 위하여 아직도 과학적인 수사보다는 자백에 의존하는 경향이 있다는 것은 주지의 사실이다. 수사를 함에 있어 자백에 의존하는 것은 고문 등 강압수사의 위험성이 크다. 이를 방지하기 위하여 형사소송법 제309조는 자백배제법칙을 채택하고 있다. 자백배제법칙을 검토함에 있어서는 무엇보다도 먼저 자백의 임의성에 대한 입증을 살펴보아야 할 것이다. 따라서 본고는 강압수사방지를 위하여 자백의 임의성에 대한 거증책임 문제, 임의성의 기초사실증명 등에 관하여 몇 가지 쟁점을 검토하고자 한다.

• Journal of Arbitration Studies
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• v.18 no.2
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• pp.129-148
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• 2008

국제거래에서 분쟁이 소송으로 발전될 경우 당해 사안에 적용될 준거법의 결정문제와 어느 나라의 법원에서 재판을 받을 것인가에 대한 국제재판관할권의 문제가 빈번히 대두되고 있다. 소송을 제기하는 당사자들로서는 자신에게 유리한 재판결과를 얻을 수 있는 법이 준거법으로 선택될 가능성이 있는 국가의 법원에 소송을 제기하는 소위 '포럼 쇼핑 (forum shopping)' 전략을 세우기도 한다. 이러한 포럼 쇼핑에 대응하기 위해 영미 판례법인 common law에서는 오래 전부터 forum non conveniens를 확립하였다. 본 논문에서는 forum non conveniens를 심리한 미국 대법원의 판단기준을 살펴보면 먼저, 적절한 대체관할지의 존재여부이며, 둘째 사적이익 부분에서 자국민이 현저하기 불리한 위치에 처하는지를 확인하고, 셋째 공적이익 부분에서 미국의 이익이 심각하게 침해되지는 않는지를 검토하여 판단하게 된다. 이러한 법리적 판단근거를 제시하고 이에 대한 적용사례를 분석하여 향후 무역거래를 포함한 일련의 국제계약에 있어 분쟁시 국내기업들이 미국법정에 재판받지 않고 국내법원으로 재판관할지를 선택할 수 있는 전략을 제시함으로써 패소가능성 등의 계약위험을 줄일 수 있을 것으로 판단된다.

• Korean Journal of Construction Engineering and Management
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• v.15 no.3
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• pp.74-82
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• 2014

The proportion of apartment housing has been increased to solve the housing problems resulted from rapid growth in urban population and urban economy. With the increase in apartment's proportions and the concern about quality of housing, the contractors have made efforts to satisfy the customers in improving the quality of housing. Despite these efforts, the conflicts between the contractor and the customers are getting serious. Also the disputes and the litigation of defect are increasing because of the contractor's negative treatment and inadequate countermeasure. In this study the defect lawsuits which bring actions against the contractors are collected and analyzed. And then the strategic countermeasures are proposed according to the classifying the type of defect and size. The suggested countermeasure model before the defects are resulted is expected to contribute in developing the contractors strategies to reduce the conflicts against customers.