• The Korean Journal of Archival Studies
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• no.5
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• pp.111-148
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• 2002

Digitalization of public administration information shall be accelerated more. When information exists both in the form of electronic and paper record, even the disclosure of paper record make it possible the access to public administration information itself, but there may some needs for the disclosure of electronic record in applicant's situation. Similarly, when only electronic record exists, there may be some problem about whether to disclose the record as print-out or as being electronic format itself. Thus, the method and format of disclose are very sensitive issues, and it is very important to clarify who has the competence to decide the method and format of disclosure, applicant or the public agency. In making any record available to an applicant under the EFOIA in America, the public agency shall provide the record in any form or format requested by the applicant, if the record is readily reproducible by the agency in that form or format. And for the convenience of the applicant with sensory disability, the AIA in Canada also permits the right to access to information in an alternative format. It is desirable also in our country that disclosure of information is done by public agencies in the format that applicant wants, as possible. In the meantime, we should consider the costs and technological restrictions corresponding to the change of format of information to the format that applicant specifies. In the case of electronic record, efforts required for searching cause some hard problems. Information disclosure system requires disclosure of record that exists at the demand point, and creation of new record that does not exist at that them is not required on the public agency. For the search of electronic information, we need some code or program. So, if we evaluate that act of coding or programming as creation of new record, demand on disclosure of electronic record becomes impossible, in fact. Therefore, when we include electronic record as the object of information disclosure system, we need to clarify the degree of reasonable efforts for searching the information included in that record, as long as possible, although it is very difficult problem. Also, we should consider the way to make it permitted to demand the disclosure of electronic record by FAX or E-mail. Disclosure of electronic record itself by E-mail is not generalized yet, even in America or Canada. There are many technological and legal problems to solve, before permitting or enforcing the disclosure of electronic record by E-mail. But, it is desirable to expand the method of disclosure to including disclosure by E-mail in possible spheres. Also, as well as disclosure on demands, we need to expand electronic access to information, so far as possible, in the process of information offer.

• The Journal of Industrial Distribution & Business
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• v.10 no.6
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• pp.51-58
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• 2019

Purpose - Prior studies reported that the opacity of information caused stock price crash. If managers fail to disclose unfavorable information about the firm over a long period of time, the stock price is overvalued compared to its original value. If the accumulated information reaches a critical point and spreads quickly to the market, the stock price plunges. Information management by management's disclosure policy can cause information uncertainty, which will lead to a plunge in stock prices in the future. Thus, this study aims at examining the impact of disclosure quality on crash risk by focusing on the unfaithful disclosure firms. Research design, data, and methodology - This study covers firms listed on KOSPI and KOSDAQ from 2004 to 2013. Firms excluded from the sample are non-December firms, capital-eroding firms, and financial firms. The financial data used in the research was extracted from the KIS-Value and TS2000 database. Unfaithful disclosure firm designation data was collected from the Korea Exchange's electronic disclosure system (kind.krx.co.kr). Stock crash is measured as a dummy variable that equals one if a firm experiences at least one crash week over the fiscal year, and zero otherwise. Results - Empirical results as to the relation between unfaithful disclosure corporation designation and stock price crashes are as follows: There was a significant positive association between unfaithful disclosure corporation designation and stock price crash. This result supports the hypothesis that firms that have previously exhibited unfaithful disclosure behavior are more likely to suffer stock price plunges due to information asymmetry. Second, stock price crashes due to unfaithful disclosures are more likely to occur in Chaebol firms. Conclusions - While previous studies used estimates as a proxy for information opacity, this study used an objective measure such as unfaithful disclosure corporation designation. The designation by Korea Exchange is an objective evidence that the firm attempted to conceal and distort information in the previous year. The results of this study suggest that capital market investors need to investigate firms' disclosure behaviors.

• The Korean Journal of Financial Management
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• v.26 no.3
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• pp.103-138
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• 2009

In this article we examine a unique data set of intraday fair disclosure(FD) releases to shed light on market efficiency within the trading day. Specifically, this paper analyze the response of stock prices on fair disclosure disseminated in real-time through KIND(Korea Investor's Network for Disclosure) on Korea stock exchange during the period from January 2003 to September 2004. We find that the prices of stock experiences a statistically and economically significant increase beginning seconds after the fair disclosure is initially announced and lasting approximately two minutes. The stock price responds more strongly to fair disclosure on smaller firm but the response to fair disclosure on the largest firm stock is more gradual, lasting five minutes. We also examine the profitability of a short-term trading strategy based on dissemination of fair disclosure. After controlling for trading costs we find that trader who execute a trade following initial disclosure generate negative profits, but trader buying stock before initial disclosure realize statistically significant positive profit after two minute of disclosure. Summarizing overall results, our evidence supports that security prices on Korea stock exchange reflects all available information within two minutes and the Korea stock market is semi-strongly efficient enough that a trader cannot generate profits based on widely disseminated news unless he acts almost immediately.

• Journal of Korean Society of Archives and Records Management
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• v.16 no.2
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• pp.81-112
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• 2016

This study aims to propose the adoption of a business management system, as well as suggest the functions and development directions for public organizations, which are required to establish the record management and information disclosure system under Government 3.0, rapidly respond to the needs for strengthening the responsibilities for explanation, and improve work efficiency. Recently, some of the public organizations that introduced the record management and information disclosure system adopted the Electronic Document System, which focuses on the function of electronic approval, and developed a records classification scheme for the system. This study aims to review the case of A organization, which recently developed an in-house records management system and established information strategy planning to adopt a customized business management system after establishing a business reference model throughout the organization, and suggests the directions of the electronic record production system for public organizations.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.8 no.5
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• pp.229-234
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• 2008

XBRL is fundamentally defined as a structure that enterprises expand based on KGAAP 2.1 developed by the Korea branch of XBRL. Each enterprise selects its type of business and must check and choose the tag suitable to each enterprise. Since a complicated part such as expanding tag exists, there is a difficulty to prepare document through the step of tag expansion and data input. Although the expressive way of style provides the standards using the presentation structure and label structure provided fundamentally by XBRL, there is a complicated problem of using XBRL Processor. The electronic public disclosure system of the Financial Supervisory Service (DART) and Korea Exchange (KIND, KEDIS) use the Markup Language of SGML, XML and XBRL as format language. The procedure of defining document and process method vary in accordance with the characteristics of each language. This study analyzes the effect by step in accordance with format language of each electronic disclosure system and studies a direction of format language.

• Journal of the Korea Society of Computer and Information
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• v.3 no.4
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• pp.145-153
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• 1998

Electronic paper resources management becomes an important alternative to overcome the inefficiency of various dysfunctions and pathologies dependent upon bureaucratic paperworks and to enhance organizational competitiveness. Korean government and enterprises have less recognized the importance of electronic document management and ignored the merits of introducing information technology into organizations. By means of document and paper exchange, decision making and signature, mail and bulletin board systems, information disclosure and sharing using electronic technology, however, electronic document management system can enhance organizational performance on a considerable degree. In this sense, it is necessary to introduce the system as soon as possible. Several measures are required : revising related laws and regulations, reforming the sense and behavior of personnel, establishing technological basis of the system, standardizing word processors and document formats.

• Journal of Digital Convergence
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• v.10 no.2
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• pp.193-200
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• 2012

The existing EMR method placing computer servers in hospitals could expose patients' personal information to hospital officers and people for wrong purposes. In addition, if medical malpractice occurs, the possibility of distorting medical records might be higher because patients' medical records are stored in hospitals. This study provides an electronic medical record with a security system to solve patients' information disclosure. The electronic medical record system could be utilized as an important information when medical malpractice occurs. This system can provide higher security services certifying patients safely and efficiently as well as protecting patients' personal information.

• Journal of Korean Society of Archives and Records Management
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• v.13 no.3
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• pp.151-171
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• 2013

To comprehend the importance and necessity of record management metadata standard implemented in an electronic medical records system, a survey was undertaken to 50 medical records managers in charge of 5 major hospitals in Seoul. Analysis of the survey results was performed by averaging the responses given by those who answered the survey. SPSS was utilized for statistical analysis. Managers of medical records placed importance on metadata that are related to security of records, such as "levels of security", "types of access to medical records", "levels of authorization granted to personnel", and "users accessing medical records". It shows that these managers need the functions of privacy protection in ERMS. Metadata on "external disclosure" had the lowest level but those surveyed with more than 7 years of experience placed greater importance in this area more those surveyed with less than 7 years of experience in a hospital. This shows that managers need the functions of external disclosure to meet the needs of third partiesfor medical research and medical education.

• The Journal of Society for e-Business Studies
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• v.12 no.4
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• pp.29-36
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• 2007

Recently, Jaiswal et al. proposed a protocol to improve the multi-agent negotiation test-bed which was proposed by Collins et al. Using publish/subscribe system, time-release cryptography and anonymous communication, their protocol gives an improvement on the old one. However, it is shown that the protocol also has some security weaknesses: such as replay data attack and DOS (denial-of-service) attack, anonymity disclosure, collusion between customers and a certain supplier. So proposed protocol reduces DOS attack and avoids replay data attack by providing ticket token and deal sequence number to the supplier. And it is proved that the way that market generates random number to the supplier is better than the supplier do by himself in guaranteeing anonymity. Market publishes interpolating polynomial for sharing the determination process data. It avoids collusion between customer and a certain supplie

• The Journal of the Korea institute of electronic communication sciences
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• v.11 no.11
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• pp.1017-1024
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• 2016

In this paper, we have figured out status and demand about personal information in local laws and regulations of the four major city out of the municipality 18 institutions of Gangwon Province. To take advantage of the autonomous regulations Information System(ELIS), and research and analysis in the autonomy regulations of local governments to object to the attachment format. To object to the Attachment to the request of the resident registration number notation is a super key. There is a disclosure resistance sense of personal information, and research analysis of the smart phone number and home phone number. We have proposed the urgent development of automatic search engine of PIMS compliance with personal information.