• Journal of the Society of Disaster Information
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• v.11 no.3
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• pp.436-445
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• 2015

A flood loss estimation toolbox was developed within GIS software. This toolbox is for anyone who is interested in the flood loss estimation, and uses data accessible to public. In particular, the loss estimation framework in the toolbox is distinct in that the inventory items are individually dealt with. The toolbox was applied to estimate the economic loss from a levee failure event in 2002. The estimated loss was a little larger than the reported value. The difference is probably due to the asset values and the damage functions for each inventory item, which have to be updated.

• Smart Media Journal
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• v.5 no.3
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• pp.74-80
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• 2016

In this paper, we propose an accident-prevention smart monitoring system for Haenyeo(Woman diver) using Zigbee module and GPS sensor. This system can collect such information as the diving location, the body temperature, the depth of diving, and the diving time of a Woman diver working under the water and then respond immediately to an accident occurring. The research developed a smart Teawak and smart swimming goggles which can measure the state of a Woman diver and her diving activities. Smart Teawak, the buoy tool while a Woman diver is collecting seafoods under water, is able to receive GPS and transmit the data from smart swimming goggles and Zigbee Module to IHSS(IoT based Haenyeo Safety service Software) server. In addition, IHSS, a responsive web, provides the diving location and the state of a Woman diver on the smart phone. As a result, the system will be useful in the aspects of Woman diver' health care and the safety, furthermore, which will significantly contribute to global marketing of Woman diver with its being designated as a UNESCO intangible cultural asset.

• The Journal of the Korea Contents Association
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• v.17 no.5
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• pp.165-173
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• 2017

The purpose of this study was to analyze the correlation and volatility of Korea and neighboring East Asia stock markets. East Asian stock markets were selected for Japan, China, Hong Kong and Taiwan by economically and geographically close with Korea. If you understand the volatility and the correlation between Korea and the East Asian stock market, it may be helpful in predicting investment. And It may reduce the risk of investing of asset allocation in global portfolio level. For this using the national monthly return data for the last 163 months, I was calculating and comparison the rate and correlation, and regression analysis. Result of the correlation analysis, Korea have shown a low correlation with China. while showing a high correlation with Taiwan and Hong Kong. China has been forming its own market in East Asia and showing a low correlation with other countries exception Hong Kong. Hong Kong has been determined as the highest harmonization within the East Stock Market.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.9
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• pp.3827-3833
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• 2011

This paper performed empirical tests of the validity of the pecking order theory which explains financing behavior of firms under information asymmetry. The results of regression analyses using the data of listed manufacturing companies in the Korean Stock Market from 1981 to 2010 have shown strong evidences supporting the pecking order theory. Especially regression coefficients of change of debt on funds deficit and control variables were found to be almost (+1) with statistically significance, which is interpreted as being consistent with the pecking order theory. Same results were found when I performed regression analyses by dividing the sample period into pre-currency crisis period, currency crisis period and post-currency crisis period and using 2 regression models. Change of tangible asset were found to function as collateral rather than reducing information asymmetry and as the firm size decreased, use of debt increased and as profitability increased use of debt decreased, which are consistent with the pecking order theory.

• Journal of Distribution Science
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• v.17 no.1
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• pp.89-94
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• 2019

Purpose - In recent digital information society, the most important factor of to increase the firm value of the distribution company is not the activity to increase the sales through the general advertisement of the unspecified majority by purchasing the finished product, but to grasp the needs of the consumers and to develop a new distribution platform that connects producers and consumers directly through consumer-tailored advertisements centering on e-commerce. Therefore each company in the distribution industry is spending a lot on research and development investment to innovate the distribution technology and distribution system, and the research and development investment expenditures can affect firm value. The purpose of this study is to analyze the impact of research and development investment expenditures in the distribution industry on market value of the firm. Research design, data, and methodology - As a research method, the sample firms are those which are listed on korea stock exchange market from 2011 to 2017 and the research model is Ohlson(1995) model, which is a representative valuation model using accounting information. This study analyzes the effect of distribution company's research and development investment expenditures and advertising expenditures on market value of the firm Results - The results of empirical analysis show that research and development investment expenditures for developing new distribution technology and advertising expenditures for promoting sales in the distribution company are all positively related to the market value of firm. Therefore, in describing market value of the distribution company, it is shown that the research and development investment expenditures and advertising expenditures together with the net asset and net profit are the important accounting information that explains the market value of firm. This result show that investment expenditures on research and development for the innovation of distribution technology of distribution company creates intangible intellectual assets and increases market value of the firm. Conclusions - The result of this study shows that research and development investment expenditures for the new distribution technology as well as the spending for the advertisement in the future is a very important investment expenditures that can increase the market value of the distribution company.

• Journal of agriculture & life science
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• v.46 no.3
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• pp.143-151
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• 2012

This paper analyzes whether under-investment due to hold-up exists in broiler industry or not by using survey data on broiler growers. When a grower who has facilities to be required for contract is aware of the possibility of being held-up by an integrator, he/she may invest in relation-specific asset less than is optimal. The result shows that when a grower thinks that finding a new integrator in the region is difficult after the current contract being terminated, under-investment exists. When a grower has the experience that a current integrator required her/him to do something not written on the contract, she/he may have invested less. However it is not statistically significant.

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.18 no.2
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• pp.93-103
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• 2019

This study analyzed the impact of smartphone usage on walking speed during walking on two pedestrian walkways in Daejeon Metropolitan City. For the analysis, the video data about the actual use of smartphone was acquired and the walking speed was calculated based on the walking density of the pedestrian Level Of Service(LOS) presented in the Road Capacity Manual. Multiple regression analysis and decision tree using machine learning were used to analyze the impact of smartphone usage on walking speed, and as the explanatory variables, gender, disable smartphone, use of smartphone using auditory function, use of smartphone using visual function, LOS A, LOS B, LOS C were adopted. The result showed that LOS C had the highest impact on walking speed change and the women's group using their visual function was founded to have the slowest walking speed in LOS C. In particular, the author found that walking speed significantly decreased in the case of use of visual function rather than listening to music or the hearing on the phone.

• Asia-Pacific Journal of Business
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• v.11 no.4
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• pp.205-224
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• 2020

Purpose - This study aimed to identify the effects of ownership structures on agency costs in internationally diversified firms listed on the KOSDAQ market. Design/methodology/approach - A total of 5,824 samples were finally selected and empirically analyzed for a total of nine years from 2011 to 2019, during which the International Accounting Standards had been mandatory for firms listed on the KOSDAQ market. Findings - The results of this study showed that the effects of ownership structures on the ratio of asset turnover are positive for the major share and foreign equity ratios of international diversified firms. Moreover, by selecting the ratio of entertainment expenses as a proxy for agency expenses, this study confirmed that the effects of the ownership structure of an international diversified entity on entertainment expenditure were determined to show a significantly negative relation to entertainment expenditure, thus indicating that the higher the ratio of major shareholders, the more appropriately control the expenditure of entertainment expenses through arbitrary private deviations of the management.Furthermore, considering the effect of the ownership structure on the expenditure of sales and administrative expenses as a proxy variable for agency costs, this study verified that the majority share ratio of international diversified firms was negative to the expenditure of sales and administrative expenses, confirming that the higher the share of major shareholders, the lower the selling and administrative costs, but insignificant.Finally, as a result of determining whether the ownership structure of an international diversified firm affects the holding of free cash, the majority share of this firm shows a significantly negative relation to the ratio of the holding of surplus cash, indicating that the higher the proportion of major shareholders, the more appropriately control the holding of the entity's free cash through arbitrary private deviance by the manager. Research implications or Originality - Major shareholders of an internationally diversified firm listed on the KOSDAQ market play a positive role in the firm's performance by properly controlling agency costs that may be incurred by the management.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.21 no.2
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• pp.41-47
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• 2021

Manufacturing is facing radical changes around the world. The manufacturing industry, which has been changing since Germany, is now being introduced, improved, and developed worldwide by manufacturers under the name of smart factory. By utilizing IT technologies such as artificial intelligence and cloud at the production site, the desire to break away from the past manufacturing environment is increasing. How these technologies will be efficient in the future, manufacturing worldwide now faces radical changes. The manufacturing industry, which has been changing since Germany, is now being introduced, improved, and developed worldwide by manufacturers under the name of smart factory. By utilizing IT technologies such as artificial intelligence and cloud at the production site, the desire to break away from the past manufacturing environment is increasing. Discussions continue on how these technologies can be used efficiently and effectively. Increasingly, the expansion of the range from factory areas to regions, countries, and around the world raises the need for international standards for interactions. In this paper, we propose a design and implementation method for managing facilities, sensors, etc. as assets and monitoring facility data collected through OPC UA.

• Journal of Convergence for Information Technology
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• v.10 no.12
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• pp.166-174
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• 2020

Cosmetic functional ingredients are products of emotional convergence technology. Unlike pharmaceuticals, it is very important that cosmetics ingredients contain emotional attractiveness because they are household products that have limitations in their effectiveness. Ginseng has long been used as a major prescription of oriental medicine for human health. Detailed records such as the origin and propagation of ginseng can lead to various cosmetical application of ginseng as an emotional convergence ingredients that utilizes the authenticity and excellence of ginseng as an asset of K-beauty. In the unfortunate reality that the first records of ginseng use depend on ancient Chinese literature, it is very meaningful to describe and leave the records of ginseng used in the field of beauty. This study examined the general historical records needed for the study of the cosmetics application of ginseng and the recent findings of ginsenoside in the area of skin function, and provided basic data that can be applied to new cosmetics development research.