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The Significance of Contract Law for Efficient Mergers and Acquisitions (M&A) Procedure

  • Eungoo KANG
    • East Asian Journal of Business Economics (EAJBE)
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    • v.11 no.4
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    • pp.41-50
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    • 2023
  • Purpose - This study aims to examine the role of contract law in mergers and acquisitions (M&A) and to examine whether or not contract law is necessary in M&A. The study also discusses how contract law can be utilized in M&A, as well as some of the problems that arise from the use of contracts in this area. Research design, data, and methodology - To minimize bias and errors, this study used only peer-reviewed articles and book excluding internet news articles, conference papers, and dissertations. For a well-organized screen and selection process, the author conducted the extraction procedure thoroughly to eliminate some duplicated resources. Result: This study indicates that complex deals carry a high risk but also have the potential to yield substantial revenue for stakeholders. Thus, contract law is essential to the success of M&A because it helps to define the (1) terms of the transaction, (2) reduces risk, (3) offers legal safeguards, and ensures that the (4) agreement is enforced. Conclusion - This study concludes that an understanding of contract law is essential to the profitable merging of two businesses. The application of contract law provides a mechanism for enforcing the agreement, which can increase the likelihood that the stipulations of the M&A will be satisfied.

Implementation of Efficient Mobile Monitoring System of the GreenHouse Environment Data (온실 환경 데이터의 효과적인 모바일 모니터링 시스템 구현)

  • Seo, Jung-Hee;Park, Hung-Bog
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.13 no.3
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    • pp.572-579
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    • 2009
  • A monitoring system needs many parameters to increase devices for monitoring data and to support various services. In particular, monitoring the status of a device in a wireless mobile environment has a difficulty in displaying multi data in a limited screen size, and transfer of the status data of a device into a network is largely related with network traffic. The research aims at designing a control board that collects data in order to effectively manage a greenhouse environment system. Also, the research tries to appropriately operate devices, environment data monitoring, and the control of each device by realizing a multiplexed interface based on a web. Thus, in the case in which a distributed client was a computer, monitoring and control were obtained with a web browser through the Lab VIEW web server of a server or local control module in order to effectively monitor and control according to the status of a user. In the case in which a client was a PDA, application of a wireless mobile considering the scale and data processing capacity of a displayer was connected. As a result of the research, we could confirm a satisfactory outcome from the viewpoint of a human-centered design by supplying adaptability and mobility according to the environment of a user.

Android Based Mobile Combination Login Application (안드로이드 기반 모바일 통합로그인 애플리케이션)

  • Lim, Jung-Gun;Choi, Chang-Suk;Park, Tae-Eun;Ki, Hyo-Sun;An, Beongku
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.13 no.3
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    • pp.151-156
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    • 2013
  • Android that was made by Google and Open Handset Alliance is the open source software toolkit for mobile phone. In a few years, Android will be used by millions of Android mobile phones and other mobile devices, and become the main platform for application developers. In this paper, the integrated login application based on Google's Android platform is developed. The main features of the mobile combination login application content based on Android are as follows. First, the application has more convenient login functionality than the functionality of general web browser as the web browser of the mobile-based applications(web browser style applications) as well as security features and faster screen(view) capability by reducing the amount of data transfer. Second, the application is so useful for management of ID and Password, and it can easily manage multiple ID information such as message, mail, profile. The results of performance evaluation of the developed application show the functionality that can login many kinds of portal sites simultaneously as well as the ability that can maintain login continuously. Currently, we are trying to develope a couple of the technologies that can insert multiple accounts into one ID and check all information on one screen.

Estimation of Heat Insulation and Light Transmission Performance According to Covering Methods of Plastic Greenhouses (플라스틱온실의 피복방식에 따른 보온 및 광투과 성능 평가)

  • Lee, Hyun-Woo;Kim, Young-Shik;Sim, Sang-Youn;Lee, Jong-Won;Diop, Souleymane
    • Journal of Bio-Environment Control
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    • v.22 no.3
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    • pp.270-278
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    • 2013
  • The objective of the present study is to provide data needed to decide covering method to be able to increase the thermal insulation and light transmittance efficiency of commercial greenhouse. The thermal insulation effect, PPF transmittance and quantity of condensation water were estimated in experimental tomato greenhouses covered with three types of coverings of single layer, air inflated and conventional double layers covering. The overall heat flow of air inflated double layers greenhouse was similar to that of conventional double layers greenhouse, but the temperature between covering material and thermal screen in air inflated double layers greenhouse was lower than that in conventional double layers greenhouse at the same outside temperature condition due to air leakage through the gap of roof vent. The overall heat transfer coefficients acquired by experiment that was performed in single layer and conventional double layers greenhouses were close to those obtained from model experiment. Even though the PPF transmittance of air inflated double layers greenhouse was lower than that of single layer greenhouse, which was greater than that of conventional double layers greenhouse. The quantity of condensation water on covering surface of single layer greenhouse was greater than that of air inflated double layers greenhouse due to lower covering surface temperature.

Development of Digital Photogrammetric Systems for Three-Dimensional Topographic Information Analysis (3차원 지형정보분석을 위한 수치사진측량시스템 개발)

  • 유환희;안충현;오성남;성민규
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.17 no.1
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    • pp.11-19
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    • 1999
  • Lately, with the development of the fields of computer and photogrammetry, Digital Photogrammetric Systems are widely used for the generation of GIS basemap, the acquisition of topographic information and DEM, the formation of digital orthophoto, three-dimensional viewing and so on. According as the demand for the systems is rapidly increasing, we suggest keenly the necessity of domestic technical development, because all of these systems depend on foreign technology until now. In this study, by using digital photogrammetry method, with Visual C++ language, we have developed Digital Photogrammetric Systems for Windows which is able to get three-dimensional coordinates through interior orientation, exterior orientation, epipolar line, image matching from a pair of aerial photos taken with metric camera. This system consists of not only a module which can revise digital map that is being made at National Geographic Institute as a part of data construction project of National Geographic Information System, but also a module which can view three-dimensional image on the screen monitor by using anaglyph for three-dimensional analysis. The digital photogrammetry modules developed in this study are expected to be used as primary modules for the effective management of the urban as well as main modules in developing professional digital photogrammetric systems.

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Seasonal Indoor-to-Outdoor Ratio (I/O Ratio) of Fine Particulate Matter and Ozone Concentrations in Various Microenvironments in South Korea (국내 다양한 미소환경에서의 계절별 초미세먼지 및 오존 실내·외 농도 비)

  • Ji Soo Kim;Sooyoung Guak;Kiyoung Lee
    • Journal of Environmental Health Sciences
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    • v.50 no.4
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    • pp.257-266
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    • 2024
  • Background: Exposure to fine particulate matter (PM2.5) and ozone (O3) poses potential health risks. The Indoor-to-Outdoor ratio (I/O ratio) is a valuable tool for understanding indoor air quality and identifying potential indoor sources. Objectives: The objective of this study was to determine I/O ratios of PM2.5 and O3 by different microenvironments and seasons in Korea. Methods: From December 2021 to November 2023, indoor concentrations of PM2.5 and O3 were monitored every hour in 13 microenvironments (residential indoor, office, school, restaurant, pub, café, study café, private educational institute, PC room, billiard room, screen golf center, supermarket, and shopping mall) in Korea. Hourly outdoor concentrations of PM2.5 and O3 were obtained from local air quality monitoring stations, provided by airkorea.or.kr. The hourly I/O ratio was calculated by the indoor and outdoor concentrations. Results: At the pub, billiard room, and PC room, the median PM2.5 I/O ratio exceeded 1 in all seasons, except in spring at the PC room (0.9), suggesting indoor smoking as a potential cause. The median PM2.5 I/O ratio at the restaurant exceeded 1 in winter, autumn, and summer, except for spring (0.9), indicating significant PM2.5 emission sources in the restaurant. The median O3 I/O ratio was below 0.5 in all seasons and microenvironments. Conclusions: This study provided useful data on relationships between indoor and outdoor pollution in various microenvironments by seasons. These I/O ratios could be applied for more accurate exposure assessment to protect health of human.

Visualization of Korean Speech Based on the Distance of Acoustic Features (음성특징의 거리에 기반한 한국어 발음의 시각화)

  • Pok, Gou-Chol
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.13 no.3
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    • pp.197-205
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    • 2020
  • Korean language has the characteristics that the pronunciation of phoneme units such as vowels and consonants are fixed and the pronunciation associated with a notation does not change, so that foreign learners can approach rather easily Korean language. However, when one pronounces words, phrases, or sentences, the pronunciation changes in a manner of a wide variation and complexity at the boundaries of syllables, and the association of notation and pronunciation does not hold any more. Consequently, it is very difficult for foreign learners to study Korean standard pronunciations. Despite these difficulties, it is believed that systematic analysis of pronunciation errors for Korean words is possible according to the advantageous observations that the relationship between Korean notations and pronunciations can be described as a set of firm rules without exceptions unlike other languages including English. In this paper, we propose a visualization framework which shows the differences between standard pronunciations and erratic ones as quantitative measures on the computer screen. Previous researches only show color representation and 3D graphics of speech properties, or an animated view of changing shapes of lips and mouth cavity. Moreover, the features used in the analysis are only point data such as the average of a speech range. In this study, we propose a method which can directly use the time-series data instead of using summary or distorted data. This was realized by using the deep learning-based technique which combines Self-organizing map, variational autoencoder model, and Markov model, and we achieved a superior performance enhancement compared to the method using the point-based data.

Visual.Auditory.Acoustic Study on Singing Vowels of Korean Lyric Songs (시각과 청각 및 음향적 관점에서의 노랫말 모음 연구)

  • Lee Jai Kang
    • Proceedings of the KSPS conference
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    • 1996.10a
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    • pp.362-366
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    • 1996
  • This paper is generally divided in 2 parts. One is the study on vowels about korean singer's lyric song in view of Daniel Jones' Cardinal Vowel. The other is acoustic study on vowels in my singing about korean lyric song. Analysis data are KBS concert video tape and CSL's. NSP file on my singing and Informants are famous singers i.e. 3 sopranos, 1 mezzo, 2 tenors, 1baritone, and me. Analysis aim is to find out Korean 8 vowels([equation omitted]) quality in singing. The methods of descrition are used in closed vowels, half closed vowels, half open vowels, open vowels and rounded vowels, unroundes vowels and formants. The study of the former is while watching the monitor screen to stop the scene that is to be analysixed. The study of the latter is to analysis the spectrogram converted by CSL's. SP file. Analysis results are an follows: Visual and auditory korean vowels quality in singing have the 3 tendency. One is the tendency of more rounded than is usual Korean vowels. Another is the tendency of centralized to center point in Cardinal Vowel and the other is the tendency of diversity in vowel quality. Acoustic analysis is studied by means of 4 formants. Fl and F2 show similiar step in spoken. In Fl there is the same formant values. This seems to vocal organization be perceived the singign situation. The width of F3 is the widest of all, so F3 may be the characteristics in singing. In conclude, the characteristics of vowels in Korean lyric songs are seems to have the tendencies of rounding, centralizing to center point in Cardinal Vowel, diversity in vowel quality and, F3'widest width in compared with usual Korean vowels.

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Screening of 3-Hydroxy-3-Methylglutaryl-Coenzyme a Reductase Inhibitors in vitro and Its Application to Pullets

  • Yeom, Keum-Hee;Hwang, Suk-Yeun;Lee, Kyung-Woo;Woo, Moon-Sook;Park, Sun;Min, Dae-Gyu;Lee, Bong-Duk;Sung, Chang-Keun
    • Preventive Nutrition and Food Science
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    • v.4 no.1
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    • pp.70-74
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    • 1999
  • The primary objective of these studies was to screen the materials showing inhibitions of HMG-CoA reductase in vitro. The secondary objective was to determine the effect of garlic, lovastatin and copper on cholesterol concentrations in plasma. liver and brease muscle of pullets. In experiment 1, the degree of inhibition of the selective samples on HMG-CoA reductase activity was determined in vitro. The inhibition rate of water soluble garlic extracts, lovastatin and copper to HMG-coA reductase activity were 51.3%, 87.5%, and 82.0% respectively . In experiment 2, control diet (basal diet), garlic powder (3% in diet) , lovastatin (300mg/kg of diet) and copper(200mg/kg of diet) were fed to pullets in order to investigate the changes of cholesterol concentration in plasma and tissues. Plasma total cholesterol , and LDL-cholesterol were significantly reduced in pullets fed a diet containing 3 % garlic powder. However, coper significantly increased total cholesterol compared to controls and lovastatin did not affect plasma chholesterol concentration . Total cholesterol inlover and breast muscle inpullets were not affectedb y adding cholesterol lowering materials to the diets. The data suggests that it is not easy for HMG-CoA reductase inhibitors to reduce cholesterol levels in the body due to complication in cholestrol metabolism . However, garlic administration can lower the levels of plasma cholesterol in pullets.

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Geometric analysis and anti-aliasing filter for stereoscopic 3D image scaling (스테레오 3D 영상 스케일링에 대한 기하학적 분석 및 anti-aliasing 필터)

  • Kim, Wook-Joong;Hur, Nam-Ho;Kim, Jin-Woong
    • Journal of Broadcast Engineering
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    • v.14 no.5
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    • pp.638-649
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    • 2009
  • Image resizing (or scaling) is one of the most essential issues for the success of visual service because image data has to be adapted to the variety of display features. For 2D imaging, the image scaling is generally accomplished by 2D image re-sampling (i.e., up-/down-sampling). However, when it comes to stereoscopic 3D images, 2D re-sampling methods are inadequate because additional consideration on the third dimension of depth is not incorporated. Practically, stereoscopic 3D image scaling is process with left/right images, not stereoscopic 3D image itself, because the left/right Images are only tangible data. In this paper, we analyze stereoscopic 3D image scaling from two aspects: geometrical deformation and frequency-domain aliasing. A number of 3D displays are available in the market and they have various screen dimensions. As we have more varieties of the displays, efficient stereoscopic 3D image scaling is becoming more emphasized. We present the recommendations for the 3D scaling from the geometric analysis and propose a disparity-adaptive filter for anti-aliasing which could occur during the image scaling process.