• The Journal of Industrial Distribution & Business
• /
• v.11 no.1
• /
• pp.19-28
• /
• 2020

Purpose: This research aims to empirically investigate the motivation of corporate voluntary disclosure by exploring the impact of historical loss on corporate social responsibility disclosure (CSRD). Research design, data, and methodology: This paper takes Chinese A-share listed firms that issued standalone social responsibility reports during the period of 2009-2017 as a sample. Drawing on extant literature, this paper defines historical loss firms as firms with net profit greater than or equal to 0 and undistributed profit less than 0. The tendency score matching method (PSM) is used to find matching samples for historical loss firms. Then OLS regression is conducted to investigate the relationship between historical loss and corporate social disclosure. Results: The results show that historical loss has a significant positive impact on the quality of corporate social responsibility disclosure. After changing the measurement of independent and dependent variables as well as adopting different matching methods to screen the control group, the results still hold. Further research indicates that the relationship between historical loss and CSRD is influenced by corporate financing constraints and industry competition. Conclusions: This research supports the resource motivation hypothesis of corporate social responsibility disclosure, and provides empirical evidence for regulators to strengthen supervision on corporate disclosure.

• The Journal of Industrial Distribution & Business
• /
• v.11 no.8
• /
• pp.21-29
• /
• 2020

Purpose: As one of the most developed cities in China, the application of e-commerce is more mature, especially the promotion of ecommerce to foreign trade. After the establishment of Shanghai Free Trade Zone (FTZ) in 2013, the government issued a series of policies to promote the application of e-commerce in Shanghai's foreign trade. This paper takes Shanghai FTZ as an example to study how to develop the application of e-commerce in other free trade zones and how to innovate the international trade mode. Research design, data and methodology: This paper selects the latest data from 2010 to 2019, uses econometric correlation analysis and regression analysis to study the impact of e-commerce on the foreign trade of Shanghai FTZ. Results: At last, the conclusion is drawn that the establishment of free trade zone provides many advantages for the development of e-commerce in Shanghai, and the growth of e-commerce in Shanghai FTZ promotes the development of foreign trade of Shanghai FTZ. Conclusions: So as to promote the development of e-commerce in Shanghai Free Trade Zone, some suggestions are put forward, such as increasing network supervision, establishing e-commerce talent training system, logistics management and information management systematization.

• Journal of Distribution Science
• /
• v.13 no.10
• /
• pp.51-56
• /
• 2015

Purpose - This study examines Chinese P2P investment decision processes from a behavioral economics approach. Research design, data, and methodology - We analyze the online P2P investment product purchase decisions of 241 respondents in China, March 2015 to May 2015. T-tests were conducted to determine whether the framing effect influenced investor investment preferences. The Association Rule was used to identify the framing effect of respondent demographic characteristics on joint decisions regarding stable or risky investment products. Results - There are significant differences between the two groups (positive framing and negative framing) and their product-choosing behavior. In the positive framing group, female investors, young investors, investors with non-financial occupations and with limited or no experience, preferred stable P2P investment products. In contrast, in the negative framing group, investors with extensive investment experience preferred risky investment products. Conclusions - The framing effect influences investor choices in online P2P investment products. It is necessary to implement comprehensive supervision and full information disclosure regarding P2P investment products. P2P investment websites can also adopt different marketing strategies according to investor gender and age.

• Journal of Electrical Engineering and Technology
• /
• v.11 no.6
• /
• pp.1872-1879
• /
• 2016

The techniques to recycle and reuse plastics attract public attention. These public attraction and needs result in improving the recycling technique. However, the identification technique for black plastic wastes still have big problem that the spectrum extracted from near infrared radiation spectroscopy is not clear and is contaminated by noise. To overcome this problem, we apply Raman spectroscopy to extract a clear spectrum of plastic material. In addition, to improve the classification ability of fuzzy Radial Basis Function Neural Networks, we apply supervised learning based clustering method instead of unsupervised clustering method. The conditional fuzzy C-Means clustering method, which is a kind of supervised learning based clustering algorithms, is used to determine the location of radial basis functions. The conditional fuzzy C-Means clustering analyzes the data distribution over input space under the supervision of auxiliary information. The auxiliary information is defined by using k Nearest Neighbor approach.

• Proceedings of the KIEE Conference
• /
• 2002.07a
• /
• pp.244-246
• /
• 2002

전력시스템에서 설치 운영되는 설비나 장치들을 감시, 제어하는 시스템은 산업 현장이나 기관에서 개발 운영하고 있다. 배전계통에서도 마찬가지로 여러 설비와 장치들 즉, 배전선로에 설치된 개폐기나 리클로져 등을 감시, 제어하는 배전자동화시스템, 배전반등을 감시하는 전력감시 제어시스템, 발전소나 대규모 수용가에서 사용하는 전력량이나 계량정보등을 검침하는 원격검침시스템 등이 있다. 이러한 시스템에서 배전자동화시스템과 현재 나날이 발전해가는 인터넷을 접속하여 원격지에서의 보다 효율적이고 간편하게 배전계통의 운영을 수행하고, 나아가 그 기반 시스템의 데이터베이스를 관리하여 차후의 계통운용에 기초자료로 사용하며 송 배전 시스템의 전체 구성 및 향후 계획에 기초 자료로 사용할 수 있다.

• Communications for Statistical Applications and Methods
• /
• v.27 no.5
• /
• pp.579-588
• /
• 2020

Obligor defaults are cross-sectionally correlated as obligors share common economic conditions; in addition obligors are longitudinally correlated so that an economic shock like the IMF crisis in 1998 lasts for a period of time. A longitudinal correlation should be used to construct statistical scenarios of stress test with which we replace a type of artificial scenario that the banks have used. We propose a Bayesian model to accommodate such correlation structures. Using 402 obligors to a domestic bank in Korea, our model with a dynamic correlation is compared to a Bayesian model with a stationary longitudinal correlation and the classical logistic regression model. Our model generates statistical financial statement under a stress situation on individual obligor basis so that the genearted financial statement produces a similar distribution of credit grades to when the IMF crisis occurred and complies with Basel IV (Basel Committee on Banking Supervision, 2017) requirement that the credit grades under a stress situation are not sensitive to the business cycle.

• 한국신재생에너지학회:학술대회논문집
• /
• 2009.11a
• /
• pp.456-459
• /
• 2009

we studied a data acquisition and control system of a wind turbine for measuring and controlling a voltage fluctuations of a wind turbine system. The wind turbine system is installed out control area. So, it is so important for supervising to wind turbine of a maintenance, wind speed, optical resources wind turbine output, wind speed, wind direction, over voltage of a generator. This system can be supplied a data of over voltage, under voltage, voltage fluctuations of a wind turbine for controlling an EMS : Energy Management System or a SCADA : Supervision Control and Data Acquisition at a constitute of a wind farm. The of voltage fluctuation system of a wind turbine is improving an electric power supply power quality of a distribution line and unspecified individuals of used wind turbine.

• Journal of the Korean Association of Geographic Information Studies
• /
• v.7 no.2
• /
• pp.69-77
• /
• 2004

Now, there are some problems to manage underground facilities in domestic. Specially, in the case of KEPCO(Korea Electric Power Corporation), it is so difficult to manage electronic line more stably and detailedly because the geographic information and attribute information being built is not easy to be updated in the field. KEPCO officials who are accompanying management and supervision in earthwork do not have sufficient knowledge and information about GIS but they grasp the information of geography and property which coincide with the field. Therefore they have to refer their business analysis contents sufficiently for more efficient lines management in the KEPCO, but it is problem that the existing information of electronic lines management system is not. In this study, we constructed power transmission and power distribution underground facility management system for the user to manage and maintain underground facilities more easily and safely using the information of geography and property about power transmission and power distribution underground facility which have been built by KEPCO.

• Korea journal of population studies
• /
• v.5 no.1
• /
• pp.117-132
• /
• 1982

During the period of 1962 through 1981, a total of 11. 7 million cummulative acceptors have received contraceptive services under the national family planning program. The number of annual acceptors have steadly increased from 151, 200 in 1963 to 842, 200 in 1975, and since then it has maintained the range of 600, 000 to 800, 000 acceptors per year. From the beginning of the program, the IUD had been the principal method of contraception provided by the government program until 1976, at which time the government made female sterilization services available thorough the introduction of the laparoscopy method. The popularity of female sterilization has increased very rapidly during the last few years. Out of 614, 200 program acceptors in 1981, the proportion of female sterilization and IUD acceptors were virtually the same(26.8% and 27.2% respectively). Considering various anticipated problems such as a large proportion of contraceptive users for the fertility termination and the high discontinuation rates of IUD and other traditional method, the government has emphasized the distribution of female sterilization and deemphasized condom and pill contraceptives since 1978. However, the recent service statistics has revealed that the acceptance rate of female sterilization has steadly declined since 1979. Thus, the purpose of this analysis is to review the current government policy on contraceptive distribution with emphasis of female sterilization by estimating the prospect of sterilization acceptablilty. According to the Fifth Five-Year Plan for Family Planning Program(1982-1986) the annual average target of sterilization was set up to secure 230, 000 acceptors by the government sector during the period. If the sterilization target is to be met as planned, about 80 percent of exposed women aged 30-44 will be remained as sterilized women in 1985. This means the the high acceptance rate of sterilization shown in the past years can not be expected, unless the acceptors' age of sterilization is drastically lowered below 30 years. Accordingly, the current policy on contraceptive distribution with emphasis on sterilization should be gradually changed to encourage target population to use contraceptives for birth spacing by increasing access to such contraceptives as IUDs, pills, and condoms, and to improve continuation rates through better program management system including target setting, acceptors' follow-up, supervision, and evaluation system.

• The Korean Journal of Air & Space Law and Policy
• /
• v.3
• /
• pp.233-258
• /
• 1991

This paper examines current developing status of space law as defined in terms of its unique principle that "the utilization of outer space for all mankind's interest". As commercialization of space activities has brought about heated debate on its legitimacy with respect to that principle, space law has come to witness a dual situation. One is the realization of that principle in establishing commercial space activities system where all mankind's interest is respected through the non-discriminatory distribution mode of space benefit. In satellite telecommunication system, the INTELSAT Organization assures its public service policy while protecting itself against a competition from separate systems. For remote sensing, commercialization of LANDSAT Systems promoted since 1984 seems not to affect present non-discriminatory distribution of data and information obtained. On the other hand, active participation of private entity aiming at commercial profit enables national government to manage more effective control and supervision of those activities with a view to promoting national interests. Also, newly developed private rules and regulations are emerging in business relations about commercial space activities. Extended capacity of national government assuring its national interest in production and distribution of international resources that is outer space, and regulation of space activities by newly developed rules and customs provoke a concern about a identity problem of space law. The best way to summarize this perspective might consist in saying that non space law regulations, which are not assumed as aiming at the promotion of all mankind's interest, are confirming their role about space related activities. For those reasous, we are now facing a developing status of space law as developments of commercial space activities continues.