• Title/Summary/Keyword: Board Independency

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Moderating Effect of Board Independency on the Relations between TMT's Characteristics and Firm's Internationalization (중국 기업 최고경영자 팀의 배경특성과 국제화 간의 관계와 이사회 독립성의 조절효과에 대한 연구)

  • ZHUHUILI, ZHUHUILI;Yoo, Jae-Wook
    • Management & Information Systems Review
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    • v.33 no.1
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    • pp.157-172
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    • 2014
  • This study examines the relationships between TMT's characteristics - international education background ratio, international job experience ratio, international related professionals ratio- and the degree of firm's internationalization. It also examines the moderating effect of independent board on those relationships. The results of multiple regression analysis show that the ratio of TMT's foreign job experience is positively related to firm's internationalization. On the other hand, both international education background ratio and international related professionals ratio do not significantly related to firm's internationalization. Regarding the moderating effects. independent boards weaken the positive relationship between TMT's foreign education background ratio and firm's internationalization. Whereas they strengthen the positive relationship between TMT's international education background ratio and firm's internationalization. The findings of this study imply that Chinese firms should consider the interaction effects between the TMT and board on their decisions of internationalization.

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A Study on the Performance Analysis of an Extended Scan Path Architecture (확장된 스캔 경로 구조의 성능 평가에 관한 연구)

  • 손우정
    • Journal of the Korea Society of Computer and Information
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    • v.3 no.2
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    • pp.105-112
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    • 1998
  • In this paper, we propose a ESP(Extended Scan Path) architecture for multi-board testing. The conventional architectures for board testing are single scan path and multi-scan path. In the single scan path architecture, the scan path for test data is just one chain. If the scan path is faulty due to short or open, the test data is not valid. In the multi-scan path architecture, there are additional signals in multi-board testing. So conventional architectures are not adopted to multi-board testing. In the case of the ESP architecture, even though scan path is either short or open, it doesn't affect remaining other scan paths. As a result of executing parallel BIST and IEEE 1149.1 boundary scan test by using the proposed ESP architecture, we observed that the test time is short compared with the single scan path architecture. By comparing the ESP architecture with single scan path responding to independency of scan path, test time and with multi-scan path responding to signal, synchronization, we showed that the architecture has improved results.

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A Hardware ORB for Supporting the SCA-based Component Development in FPGA (FPGA에서 SCA 컴포넌트 개발을 지원하는 하드웨어 ORB)

  • Bae, Myung-Nam;Lee, Byung-Bog;Park, Ae-Soon;Lee, In-Hwan;Kim, Nae-Soo
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.34 no.3A
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    • pp.185-196
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    • 2009
  • SCA is proposed in order to operate various wireless systems in the single terminal platforms and uses the CORBA middleware to guarantee the platform-independence for software components. As the reconstruction demand is expanded in the software component to the logic level to many reasons, CORBA has to guarantee the independence of hardware on board. Accordingly. the characteristics depending on hardware board is ed. And the IDL-based interworking interface about the component has to be provided. In this paper, we described about local transport for guaranteeing the independency on the hardware board and the HAO Core for providing a coupling by the CORBA IDL identically with the other component. HAO produced at 2,900 logic cell size in average and provided the performance of the tens times than the software component. Through the use of HAO in the SCA-based development environment, it was naturally expanded to not only the software area but also the FPGA logic.

CEO Stock Incentive, Board of Directors, and the Performance of Chinese Corporations after the Stock Incentive Management Law in 2006 (주식인센티브 관리법 이후 중국 상장기업 CEO주식인센티브, 이사회, 기업성과의 관계)

  • Zhang, Rui-Zhi;Yoo, Jae-Wook
    • Management & Information Systems Review
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    • v.35 no.3
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    • pp.155-171
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    • 2016
  • Separation of management with ownership induces the agency problems between CEO and shareholders of Chinese firms. To solve this problem Chinese government has enforced the "stock incentive management law for stock listed companies" since 2006. However, it has not been clear that this law is beneficial to reduce the agency cost and thus to increase the performance of Chinese firms. This study aims to answer this question. It is specifically designed to explore the effects of CEO's stock incentive on the performance of Chinese firms. It also examines the moderating effects of the characteristics of the board of directors on this relationship. Using a multi-year sample (2008-2014), we found that CEO's stock incentive is positively related to firm's performance. We also found that the equity stakes of board members strengthens the positive relations between CEO's equity incentives and firms' performance. On the other hand, contrary to expectations, the independency of the board of directors does not significantly moderate the relationship between CEO's equity incentives and firms' performance. Based on the findings, this study provides valuable implication for theory and practice.

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Development of Operational Flight Program for Stores Management Computer (무장관리컴퓨터 탑재소프트웨어 개발)

  • Lee, Sang Cheol;Kim, In Gyu;Kim, Yeong Il
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.31 no.5
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    • pp.124-133
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    • 2003
  • We propose an application of the Object-Oriented design methodology to develop operational flight program(OFP) for stores management computer(SMC) which manages and controls stores inventory, stores activation, launch for missiles, and release of the conventional weapons. For the development of SMC, a military version of PowerPC 603e is used as a central processing unit board and VxWorks real-time operating system is used. The Tornado software development environment(SDE) and the programming language Ada95 are used for OFP development. We design three layerd in the OFP for the independency of the software modules. An avionics system computer(ASC) simulator and a test bench are developed for the SMC integration test and verification test. And the tests are rigorously and successfully conducted.

Development of Operational Flight Program for Avionic System Computer (항공전자시스템컴퓨터 탑재소프트웨어 개발)

  • Kim, Young-Il;Kim, Sang-Hwan;Lim, Heung-Sik;Lee, Sung-Soo
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.33 no.9
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    • pp.104-112
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    • 2005
  • This paper presents the technique to develop an operational flight program(OFP) of avionic system computer(ASC) which integrates the avionics control, navigation and fire control and provides informations for flight, navigation and weapon aiming missions. For the development of the OFP of ASC, two i960KB chips are used as central processing units board and standard computer interface library(SCIL) which is built in house is used. The Irvine compiler corporation(ICC) integrated development environment(IDE) and the programming language Ada95 are used for the OFP development. We designed the OFP to a computer software configuration item(CSCI) which consists of to three parts for independency of software modules. The OFP has been verified through a series of flight tests. The relevant tests also have been rigorously conducted on the OFP such as software integrated test, and ground functional test.

A Study on the Legal Issues relating to the Aircraft Accident and its Investigation (항공기사고와 사고조사에 관한 법적 제 문제에 대한 고찰)

  • Kim, Jong-Bok
    • The Korean Journal of Air & Space Law and Policy
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    • v.19 no.2
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    • pp.137-162
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    • 2004
  • Generally the aircraft accident caused a great loss of lives, severe property damages including aircraft's total loss and thus, affect enormous emotional and economic damages to the public. We, therefore, should try every efforts to prevent the re-occurrence of aircraft accident by examining the cause of accident closely and discovering it through aircraft accident investigation. Though the object of an accident investigation is not to apportion blame but to discover a cause or causes of an accident to prevent future accidents, the cause of an accident would play a vital role in determining the liability of the carrier, legal relationship with the third party and jurisdiction, etc. in the aviation litigation. Therefore, it is very important that aircraft accident investigation are carried out by a professional and independent agency. Also, it needs for us to be careful in applying investigation results in the courts not to be deterrent to discovering the cause of accident. Korea now has the Aviation Accident Investigation Agency Board under the Korean Ministry of Construction and Transportation, but unfortunately it is often pointed out that it lacks professionalism and independency due to the bureaucratism of the Government. We, therefore, should establish a professional and independent aircraft accident investigation agency like United States' NTSB and reflect the issues mentioned-above on the new Act.

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