• Journal of Mechanical Science and Technology
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• 제18권11호
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• pp.2009-2020
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• 2004

A parametric study of the factors controlling static and dynamic denting, as well as local stiffness, has been made on simplified panels of different sizes, curvatures, thicknesses and strengths. Analyses have been performed using the finite element method to predict dent resistance and panel stiffness. A parametric approach is used with finite element models of simplified panels. Two sizes of panels with square plan dimensions and a wide range of curvatures are analysed for several combinations of material thickness and strength, all representative of auto-motive closure panels. Analysis was performed using the implicit finite element code, LS-NIKE, and the explicit dynamic code, LS-DYNA for the static and dynamic cases, respectively. Panel dent resistance and stiffness behaviour are shown to be complex phenomena and strongly interrelated. Factors favouring improved dent resistance include increased yield strength and panel thickness. Panel stiffness also increases with thickness and with higher curvatures but decreases with size and very low curvatures. Conditions for best dynamic and static dent performance are shown to be inherently in conflict ; that is, panels with low stiffness tend to perform well under impact loading but demonstrate inferior static dent performance. Stiffer panels are prone to larger dynamic dents due to higher contact forces but exhibit good static performance through increased resistance to oil canning.

• 산경연구논집
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• 제8권1호
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• pp.5-13
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• 2017

Purpose - In this article, a dynamic model like a VAR is an appropriate choice for estimating the possible interrelationship between ownership structure and firm performance as a dynamic process. Research design, data, and methodology - Data of this work are collected from Chinese stock exchange including 350 Chinese-listed firms during the period of 1999-2012. We hypothesize that this interrelationship dynamically exists between ownership structure and firm performance. To examine the correlation, a panel Vector Auto-regression (PVAR) approach generated by GMM method is utilized to test the possible dynamic relation embedded in corporate governance. Another two dynamic analysis solutions such as orthogonalized impulse-response function and variance decomposition are also used simultaneously. Results - Findings of this study indicate the evidence that dynamically endogenous relationship exists between ownership structure and firm performance. Further, there is a dynamical correlation between investment and performance. Impulse response and variance decomposition illustrate that impact of a shock to variables themselves is the main source for their variability. Conclusions - The conclusion in this study is that there is a bidirectional and inter-temporal effect between proportion of ownership and corporate performance for a long run in accordance with impulse response function. Overall, our results suggest that corporate governance in China is more market oriented.

• 아태비즈니스연구
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• 제15권3호
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• pp.417-430
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• 2024

Purpose - This paper investigates the asymmetric capital structure adjustment toward target leverage. Our study consistently estimates heterogeneous speeds of adjustment in different regimes reflecting heterogeneity in firm characteristics. Design/methodology/approach - We collect balanced panel data on Korean listed firms over the period 2005 - 2023. In order to capture non-linearities in the speed of capital structure adjustments, this paper employs the dynamic panel threshold model that allows endogeneity in regressors and threshold variables. Findings - Using firm characteristics as proxies for adjustment costs of deviation from and adjustment to target leverage, we find asymmetric effects on the speed of capital structure adjustments. Firms of large size, with high profitability, with large cash flow and with large investment adjust capital structure faster than those with the opposite characteristics. On the other hand, firms with high growth opportunities and with high risk move slowly toward the target leverage. Research implications or Originality - This paper provides new evidence of cross-sectional asymmetries in capital structure adjustments, which calls for cautions in sample-splitting in an arbitrary manner.

• 한국전산구조공학회:학술대회논문집
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• 한국전산구조공학회 2003년도 가을 학술발표회 논문집
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• pp.591-598
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• 2003

The purpose of this study is to investigate the seismic behavior of reinforced concrete Containment Panel subjected to earthquake motions. A computer program, named RCAHEST(Reinforced Concrete Analysis in Higher Evaluation System Technology), was used for the analysis of reinforced concrete structures. A 4-node flat shell element with drilling rotational stiffness is used for spatial discretization. The layered approach is used to discretize behavior of concrete and reinforcement through the thickness. Material nonlinearity is taken into account by comprising tensile, compressive and shear models of cracked concrete and a model of reinforcing steel. The smeared crack approach is incorporated. Solution of the equations of motion is obtained by numerical integration using Hither-Hughes-Taylor(HHT) algorithm. The proposed numerical method for the seismic analysis of reinforced concrete Containment panel is verified by comparison of analysis results with reliable experimental results.

• 유통과학연구
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• 제22권6호
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• pp.1-10
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• 2024

Purpose: This study's objective is to examine the impact of firm-specific and macroeconomic factors on the business performance of non-cyclical and cyclical sectors in Indonesian listed firms. The evaluation of business performance holds paramount importance for the achievement and long-term viability of a company. Research Design Data and Methodology: The data for 61 non-cyclicals sector companies and 57 cyclicals sector companies was gathered over a 4-year period from 2018-2021. The model integrates firm size, leverage, and sales growth as firm-specific factors, with real GDP growth and inflation rate as macroeconomic variables. ROA and ROE are indicators of a firm's business performance. The regression models are estimated using the distribution of a dynamic approach with Arellano-Bond Panel Generalized Method of Moments (GMM) estimation. Results: The results of the pooled sample indicate that the historical ROA and ROE have a positive relationship with the business performance of all sectors, including both non-cyclical and cyclical industries. The ROE of non-cyclical enterprises is primarily influenced by firm-specific characteristics and macroeconomic influences. Conclusion: To ensure the successful implementation of the distribution of a dynamic approach towards enhancing corporate business performance, organizations need to take into account a combination of firm-specific factors and macroeconomic factors.

• 아태비즈니스연구
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• 제13권1호
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• pp.277-288
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• 2022

Purpose - This study analyzed the determinants of local unemployment rate in Korea using panel data from 16 metropolitan cities and provinces from 2000 to 2018. Design/methodology/approach - We use a dynamic spatial panel model that considers characteristics of the regional unemployment rate such as the common factors effect, spatial dependence, and serial correlations. Findings - The local unemployment rate is affected by the past and present values of the national unemployment rate. And it is significantly affected by the past local unemployment rate and the past neighboring unemployment rate because spatial dependence and serial correlations are clearly present. In addition, when the industrial structure diversity and labor productivity were high, the regional unemployment rate decreased, and when the education level was high, the regional unemployment rate increased. Research implications or Originality - In order to reduce regional unemployment rate, it is necessary to plan and establish regional customized industrial structure policies under the stance of diversification rather than specializing the regional industrial structure and accompany improvement of the quality of education with the number of years of education. In addition, the redistribution of labor from low labor productivity sectors to high labor productivity sectors through technology development will help to reduce the local unemployment rate.

• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.593-604
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• 2020

This study analyzes human development convergence and the impact of funds transfer to the regions using σ and β-convergence analysis method. Observations were made in all Indonesia's provinces in the period 2010-2019. The coefficient of variation calculation shows a dispersion in the inequality of human development, which means that convergence occurred. This is also documented by the clustering analysis results developed in the study. The results are in line with the hypothesis of neoclassical theory, which shows the tendency for provinces with lower human development levels to grow relatively faster. The dynamic panel data approach with the GMM model shows that a model built with explanatory variables for transfer of funds to regions may lead to the process of convergence of human development - 2.21% per year or 31 years to cover the half-life of convergence. This is a consequence of the Special Allocation Fund and the Village Fund, which positively impact the convergence process, and the General Allocation Fund and the Revenue Sharing Fund with negative signs slowing the convergence process. This evidence opens opportunities to review the justification of the weighting component in determining the amount of funds transferred to the region to accelerate the convergence process of human development.

• 한국정밀공학회지
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• 제17권12호
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• pp.76-81
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• 2000

Analysis on failure of the panel glass under mechanical shock is the main topic of this study. Since the glass for the LCD panel is thin, it needs to be designed to have enough toughness against mechanical shock. In this paper, a process of estimating fracture of the panel glass is proposed to guarantee reliability of the product. The fracture toughness of the panel glass is used as a criterion of the fracture based on an experimental approach. The stress intensity factor was calculated considering a model with the largest initial crack size on a cut surface and with the boundary force obtained from a dynamic finite element analysis. Critical surface roughness on the cut surface of a typical glass panel, to prevent fracture in case of bending mode, is obtained.

• 한국조사연구학회지:조사연구
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• 제12권2호
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• pp.89-112
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• 2011

본 연구는 농가경제조사를 패널자료화한 결과와 패널화된 자료를 이용하여 실제로 자료를 분석하는 예를 제시하였다. 본고의 분석결과 예시는 농가경제조사와 같은 반복횡단면자료의 경우 사후적으로 패널화함으로써 다양한 동태분석이 가능함을 보여주고 있다. 또한 횡단면가중치의 존재를 감안하였을 때 종단면가중치 문제도 비교적 수월하게 해결할 수 있는 가능성이 있음을 알 수 있다. 본고의 경험을 바탕으로 할 때 최근 통계청에서 새롭게 패널조사를 실시하려는 계획을 수립, 집행하고 있는 바, 이와 더불어 통계청에서 기존에 실시하고 있는 유사한 구조의 반복횡단면조사의 경우에도 패널화 작업을 수행할 필요가 있다고 판단된다. 물론 이러한 패널화 작업의 이점은 실제로 패널조사로 진행되고 있는 사업체조사에서 더욱 명확하게 나타날 것으로 예상되며, 향후에는 사업체 횡단면자료의 패널화작업을 시도할 필요가 있다고 할 것이다.

• 한국정밀공학회지
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• 제18권2호
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• pp.140-145
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• 2001

The tape carrier package(TCD) is one of the most important components in a liquid crystal display(LCD) module. It has a role to transmit electrical signals from a printed circular board(PCB) to a display panel. If TCP is damaged under mechanical shock, the signals can not be transmitted to the panel and as a result, some dead lines are generated on the panel. This kind of phenomenon is commonly called as 'line defects'. In this paper, new structural design concepts of TCP are proposed to guarantee its reliability by using Taguchi's approach and dynamic FE-analysis. The line defects problem of TCP module is solved by replacing the original TCP with the newly designed one.