• Title/Summary/Keyword: 한진수

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Liabilities of Air Carrier Who Sponsored Financially Troubled Affiliate Shipping Company (항공사(航空社)의 부실 계열 해운사(海運社) 지원에 따른 법적 책임문제)

  • Choi, June-Sun
    • The Korean Journal of Air & Space Law and Policy
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    • v.32 no.1
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    • pp.177-200
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    • 2017

  • This writer have thus far reviewed the civil and criminal obligations of the directors of a parent company that sponsored financially troubled affiliates. What was discussed here applies to logistics companies in the same manner. Hanjin Shipping cannot expect its parent company, Korean Air to prop it up financially. If such financial aid is offered without any collateral, under Korean criminal law, the directors of the parent company bears the burden of civil and criminal responsibility. One way to get around this is to secure fairness in terms of the process and the content of aid. Fairness in terms of process refers to the board of directors making public all information and approving such aid. Fairness in terms of content refers to impartial transactions that block out any possibilities of the chairman of the corporate group acting in his private interest. In the case of Korean Air bailing out Hanjin, the meeting of board of directors were held five times and a thorough review was conducted on the risks involved in the loans being repaid or not. After the review, measures to guard against undesirable scenarios were established before finally deciding on bailing out Hanjin. As such, there are no issues. In terms of the fairness of content, too, there were practically no room for the majority shareholder or controlling shareholder to pocket profits at the expense of the company. This is because the continued aid offered to a financially troubled company (i.e. Hanjin Shipping) was a posing a burden to even the controlling shareholder. This writer argues that the concept of the interest of the entire corporate group needs to be recognized. That is, it must be recognized that the relationship of control and being controlled between parent company and affiliate company, or between affiliate companies serves a practical benefit to the ongoing concern and growth of the group and is therefore just. Moreover, the corporate group and its affiliates, as well as their directors and management must recognize that they have an obligation to prioritize the interests of the corporate group ahead of the interests of the company that they are directly associated with. As such, even if Korean Air offered a loan to Hanjin Shipping without collateral, the act cannot be treated as an offense to law, nor can the directors be accused of damages that they bear the responsibility of compensating under civil law.

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Connecting heterogeneous P2P systems using JXTA (JXTA를 이용한 이 기종 P2P시스템간의 연결)

  • 한진수;김태형
    • Proceedings of the Korean Information Science Society Conference
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    • 2004.10c
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    • pp.448-450
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    • 2004

  • JXTA는 중앙 서버를 통한 관리가 필요 없고, 네트워크에 연결되어 있다면 어떤 장치든 다른 장치들과의 통신이 가능하며, 이 기종 P2P시스템이나 커뮤니티들과의 통신이 가능하다는 것 등의 많은 장점을 가지고 있다. 이러한 장점을 최대한 활용하면서 서로 상이한 protocol과 API의 사용으로 인해 상호 운용성 실현이 쉽지 않은 이 기종 P2P 시스템간의 상호 연동을 가능하도록 하기 위해, 본 논문에서는 JXTA를 이용한 InterDinstantP2P라는 시스템을 제안하고, 이의 중요한 두 가지 구성요소로서 XML Converter와 Network JDiner의 구조를 설명한다.

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A Study on Network of Interlocking Directors in Listed Logistics Industry (상장물류기업의 겸임이사 네트워크에 관한 연구)

  • Kim, Nam-Su
    • Journal of Korea Port Economic Association
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    • v.32 no.1
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    • pp.1-16
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    • 2016

  • In this study, we explore the characteristics of directors' network structure and investigate the relationship among the network of board directors in the Korean logistics industry. Social network analysis reveals hidden patterns of the interlocking directors' network. We construct a directors' network index using social network analysis of the Korean logistics industry. Empirical results have showed that of the 23 companies analyzed, the network index of Korean Air is the highest. The interlocking network index of Korean Air, Hanjin and Hanjin Logistics Company is 0.4, 0.32 and 0.24 respectively. Korean Air has a strong central interlocking network that can create social power through the logistics industry. Our paper contributes to the broad literature in two ways. First, unlike the existing literature on director structure, this paper concentrates on the relationship among interlocking directors. Second, logistics firms need to be aware of the importance of networks and recognize the occurrence of power.

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