• The Journal of the Korea Contents Association
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• v.18 no.7
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• pp.49-63
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• 2018

This study examines both the announcement effect of corporate real estate acquisitions and sales and long-term stock performance. Also, we analyze long-term stock returns on the basis of the amount and the purpose (business activities, financial activities, etc.) of real estate acquisitions and sales. The major findings are as follow. First, we find that there is no significant announcement effect on the real estate acquisitions. However, the announcement day of real estate sales shows significantly positive abnormal stock returns. Second, we find that both the real estate acquisitions and sales show negative long-term stock performance. We also find the same results from the case where we classify our sample on the basis of the amount and the purpose of real estate acquisitions and sales. Third, the amount of real estate acquisitions is significantly negatively related to long-term stock returns, whereas the relation between firm value and the amount of real estate sales is positive only under the business activities. Overall, long-term stock performance decreases after the announcement day of the real estate acquisitions and sales. This results can be explained by agency theory. Also, we conclude that a decline in stock performance after the real estate sales explain an information signal on financial distress.

• Journal of the Korean Geotechnical Society
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• v.34 no.11
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• pp.81-92
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• 2018

For a marine bridge foundation construction, a large-circular-steel-pipe has been proposed for supporting vertical load and preventing water infiltration. However, a ship collision can adversely affect the structural stability. This paper presents a fundamental study on dynamic responses of the large-circular-steel-pipe by an impact load. In laboratory experiments, small-scaled steel pipe is installed in a soil tank. The soil height and water level are set to 23 cm and 25~70 cm, respectively. The upper part of the steel pipe is impacted using a hammer to simulate the ship collision. The dynamic responses are measured using accelerometers and strain gauges. Experimental results show that the strain decreases as the measured location is lowered. The higher frequency components appear in the impact load condition compared to the microtremor condition. However, the higher frequency components measured at the strain gauge located below the water level do not appear. For the accelerometer signal, the maximum frequency under the impact load is higher than that of the microtremor. The maximum frequency decreases as water level increases but it is larger than the maximum frequency of the microtremor. This study shows that strain gauge and accelerometer can be useful for evaluating the dynamic responses of large-circular-steel-pipes.

• Journal of Industrial Convergence
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• v.21 no.10
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• pp.57-63
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• 2023

This study aims to elucidate the effect of glycyrrhizic acid on smooth muscle contraction and to determine the detailed mechanism incorporated. We hypothesized that glycyrrhizic acid played a role in the agonist-sensitive management of smooth muscle contraction. Stripped smooth muscles of Sprague-Dawley rats were prepared in organ baths and isometric tensions were converted, stored and analyzed by using isometric transducers, a physiograph and one way ANOVA. Interestingly, glycyrrhizic acid attenuated the thick filament regulating agonist (fluoride or thromboxane mimetic)-sensitive contraction (p=0.113, 0.008, 0.004 (Student's t-test), p=0.113, 0.008, 0.004 (One way ANOVA) at 0.01, 0.03, 0.1 mM fluoride, and p=0.156, 0.004, 0.003 (Student's t-test), p=0.156, 0.004, 0.003 (One way ANOVA) at 0.01, 0.03, 0.1 mM thromboxane mimetic) and did not attenuate the thin filament regulating agonist (phorbol ester)-induced contraction (p=0.392, 0.086, 0.065 (Student's t-test), p=0.392, 0.086, 0.065 (One way ANOVA) at 0.01, 0.03, 0.1 mM phorbol ester). It is suggesting that endothelial EDRF (NO) synthesis and accessory pathways besides endothelial EDRF (NO) synthesis such as ROCK restriction might be incorporated in the glycyrrhizic acid-induced modulation of smooth muscle contraction inhibiting acto-myosin interaction.

• Journal of Digital Convergence
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• v.17 no.12
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• pp.171-179
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• 2019

This study was to identify the influence of knowledge acquisition on creativity in an organization. We selected the learning orientation among variables related to the acquisition of knowledge and analyzed the moderating effects of motivation in the mediating process of learning orientation, professional knowledge, creative thinking ability, and the relationship between them. To this end, a research model and hypothesis were established through literature studies, and 296 questionnaires were distributed and collected from Daegu and Gyeongbuk to test hypotheses. As a result of the verification through hierarchical regression analysis, it was confirmed that learning orientation has a positive effect on creative thinking skill, and expertise has a mediating effect. And in this mediation relationship, the moderating effect of motivation was confirmed. These findings are suggestive by checking the relationship between the elements in the expression of creativity in detail and identifying the influence of learning orientation. It will be able to provide guidelines for organizational management by explaining the process of creativity through the development of knowledge.

• Journal of Information Management
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• v.42 no.2
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• pp.67-84
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• 2011

In this paper, our goal is to examine the factors of service quality and user's satisfaction in Software as a Service(SaaS). Based on the theoretical framework like service quality theory we develop and test a theoretical model, propose hypotheses and analyze the effects of SaaS' flexibility and customizability on the service quality and the satisfaction of SaaS' users. For this research, questionnaire survey was conducted with literature study and the PLS(Partial Least Square) was used to analyze the measurement model and hypotheses testing. The PLS analysis results indicate that SaaS' flexibility affects SaaS' service quality and the users' satisfaction and SaaS users' satisfaction is influenced by SaaS' service quality. Furthermore, SaaS' customizability affects SaaS' service quality, however, does not affect the users' satisfaction. Practical implications of these findings and future research implications are also discussed.

• Journal of the Korean Society of Marine Environment & Safety
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• v.19 no.6
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• pp.621-628
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• 2013

It is already recognized, the fleet crew of Korean Coast Guard(KCG) have come to perform a wide range of roles that they carry on duties on inferior working conditions. Therefore a research on leadership is seemed necessary to improve organizational effectiveness for them. This study is to examine whether leadership style with transformation is appropriate in organizational commitment for the fleet crew of KCG. In this study transformational leadership is fixed as independent variables and organizational commitment as dependent variables and also five factors as demographic characteristics. Intellectual stimulation is turned out to be the most influential factor in organizational objective(t=6.664, p=0.000) and continuance commitment(t=4.057, p=0.000), but individualized consideration are uninfluential factors concerning organizational commitment.

• The Journal of the Korea Contents Association
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• v.18 no.3
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• pp.557-567
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• 2018

This paper studies the relationship between general investors' allotment ratio and underpricing for the companies that were newly listed in KOSDAQ market after the 20% rule, from March 2004 to December 2013, by empirical analysis. It is shown that the excess allotment ratio over 20% has a strong explanatory power for underpricing ratio under the 1% significance level. Furthermore, the general investors' allotment ratio is a significant explanatory variable of underpricing ratio under the 5% significance level. There are many hypotheses about underpricing, however, if underpricing is evident with high allocation ratio for general investors, it can be regarded as a signal of company's confidence in earnings after listing. In conclusion, this study reveals that general investors' allotment ratio can be used as a major explanatory variable that has a significant effect on the degree of undervaluation in the IPO market.

• Journal of Dental Rehabilitation and Applied Science
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• v.33 no.1
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• pp.1-6
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• 2017

Botulinum toxin (BoNT) injections have been used not only in the field of cosmetic surgery such as forehead and eye wrinkle treatment but also in the treatment of chronic migraine, dystonia, spasticity, temporomandibular disorders (TMD). BoNT injections are the only approved therapies to date for prophylactic treatment of chronic migraine patients. Unlike the previously known paralysis of motor neurons, the mechanism of action for migraine is to block the release of non-cholinergic neurotransmitters such as substance P, CGRP, and glutamate, which are associated with peripheral sensitization and neurogenic inflammation in the sensory nerve, it is hypothesized that the signal is blocked. This review focuses on the analgesic effects of BoNT and suggests the direction for the development of injection methods for chronic migraine patients.

• Journal of the Institute of Electronics and Information Engineers
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• v.50 no.8
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• pp.238-244
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• 2013

In energy dispersive X-ray fluorescence analysis, the removal of the continuum on which the X-ray spectrum is superimposed is one of the most important processes, since it has a strong influence on the analysis result. The existing methods which have been used for it usually require tight constraints or prior information on the continuum. In this paper, an efficient background correction method is proposed for Energy Dispersive X-ray fluorescence (EDXRF) spectra. The proposed method has two steps of background modeling and background correction. It is based on the basic concept which differentiates background areas from the peak areas in a spectrum and the SNIP algorithm, one of the popular methods for background removal, is used to enhance the performance. After detecting some points which belong to the background from a spectrum, its background is modeled by a curve fitting method based on them. And then the obtained background model is subtracted from the raw spectrum. The method has been shown to give better results than some of traditional methods, while working under relatively weak constraints or prior information.

• Korean Journal of Cognitive Science
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• v.18 no.3
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• pp.285-303
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• 2007

Transient attention impairs observers' temporal resolution in a cued location. This detrimental effect of attention was ascribed to inhibitory connections from parvocellular to magnocellular neurons [1]. Alternatively, the difficulty might arise because attention facilitates the temporal summation of two successive stimuli. The current study examined this hypothesis by manipulating the luminance polarity of the stimuli against a background. Attention should not modulate temporal summation of two anti-polar stimuli because these are processed in separate channels. Indeed, observers judged the temporal order of two successive stimuli better in the cued location than in the uncued location when the stimuli were opposite in polarity, but temporal resolution was worse in the cued location when the stimuli had the same polarity. Thus, attentional effects on temporal resolution may be attributed to temporal summation rather than parvocellular inhibition of magnocellular activity.