• Management & Information Systems Review
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• v.28 no.2
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• pp.113-134
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• 2009

The purpose of this paper is to investigate the relationship between foreign ownership and firm value. Based on the sample of 3,398 firm-year observations in the period of 2000 to 2007, we find evidence that foreign ownership is positively associated with firm value measured by the market-to-book ratio. In addition, we employ simultaneous equation system where both foreign ownership and firm value are treated as endogenous variables. Simultaneous regression models indicate that the foreign ownership affects firm value, but not vice versa. The positive effects of foreign ownership on firm value result from monitoring and disciplining roles played by foreign investors. Many Korean firms have been run by an owner-manager while monitoring provided by institutional equity holders has been limited. Therefore, Korean firms are expected to suffer from more severe agency costs caused by the conflicts of interest between owner-managers and outside investors. Our empirical results support the notion that foreign investors play an important role in enhancing corporate transparency and improving corporate governance.

• Journal of Digital Convergence
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• v.17 no.3
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• pp.153-160
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• 2019

This paper analyzes the impact of investment tendency of foreign investor on accounting conservatism. We use the sample of 1,527 firm-year Korea listed companies belonging to non-financial corporate sector during 2014-2016. The results of empirical analyses show that investment horizons of foreign investors has a positive relevance with accounting conservatism. This result indicates that the firm have a long-term foreign investors has a good quality of accounting earning than the firm have a short-term foreign investors. This study that verified the relevance between investment tendency of foreign investor and accounting conservatism is expected to provide useful information by suggesting the need for more incentive for the long-term foreign investors. And we expect a follow-up study focused on the discriminative effect of investment tendency of foreign investor on accounting policy.

• Proceedings of the KOR-BRONCHOESO Conference
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• 1982.05a
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• pp.10.2-10
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• 1982

The laryngeal foreign bodies are not common among the foreign bodies in the air and food passage, however, it would cause fatal airway obstruction without performing immediate endoscopic removal or emergency tracheostomy procedure. It is our intent to report three cases of laryngeal foreign bodies, and to discuss diagnostic procedures, preventive measures and management of this problems.

• The Journal of Asian Finance, Economics and Business
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• v.3 no.1
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• pp.5-14
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• 2016

This paper investigates announcement effects of the outward foreign direct investment (FDI) projects of the Korean multinational companies. Although the FDI is considered corporate activity that can provide various benefits beyond financial resources, the most previous research focused on macro analysis such as country-level and industry-level analysis instead of the firm-level study, which is required to decide the investment project from a management perspective. Thus, this study examines the relationship between the outward FDI activities of the Korean corporations and their financial performance to fill the gap in this area.

• Proceedings of the Korea Information Processing Society Conference
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• 2016.04a
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• pp.607-610
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• 2016

최근 자전거 이용인구가 급격하게 증가함에 따라 자전거 교통사고 역시 증가하고 있다. 이에 DB를 통해 이용자에게 알맞은 자전거 도로에 대한 정보를 제공하여 자전거 도로를 활성화하고자 다음과 같은 프로젝트를 진행하게 되었다. 서울시를 중심으로 사용자의 지역, 선호하는 길이, 난이도에 따른 DB를 제공하여 알맞은 자전거 도로를 선택하도록 하였으며, 기업에게는 자전거 이용자의 DB를 제공하여 마케팅에 활용할 수 있도록 하였다.

• Culinary science and hospitality research
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• v.23 no.6
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• pp.70-77
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• 2017

The purpose of this study was to examine tourist satisfaction towards Hanoi local food image as well as examine the relationship between those two variables with tourist destination loyalty intention. A self-administered survey was carried out in Hanoi, Vietnam. Of the distributed 400 questionnaires, a total 393 respondents of foreign tourists were used to data analysis by a convenience sampling method. Factor analysis was performed to identify underlying dimensions of what foreign tourists expect most from Hanoi local food image. The results showed that foreign tourist perceived Hanoi local food image as, food quality, food culture, contexture features and atmospheric. The finding showed that Hanoi local food image had a direct effect on foreign tourist's satisfaction and destination loyalty intention. In addition, tourist satisfaction had a positive influence on destination loyalty intention. At last, considering the results from this study, it is suggested that it is necessary to create and maintain the identity of image by formulating appropriate strategies and it is instrumental to promote local food image based on its distinctiveness and diversity which stands for the unique native culture.

• Journal of Navigation and Port Research
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• v.31 no.10
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• pp.897-903
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• 2007

The purpose of this study is to examine empirically the cultural problem and working attitude in the Korean vessel of combined foreign crews, Currently, the restrictions on the employment of the foreign crews are being eased in the Korean shipping industry and many problems such as misunderstanding and dissonance in working have been occurred consequently, However, specific and empirical studies regarding different culture between Korean and foreign crews working together in the vessel have not yet carried out, So this study is meaningful as exploratory research about cultural homogeneity, onboard working tolerance and organization commitment for combined foreign crews and the result of this study contributes to management of crew and vessel organization.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2021.05a
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• pp.383-385
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• 2021

According to a paper on estimating and forecasting the size of the pet-related industry published in 2018, 26.9% of the nation's pet-owned households were in their 30s and one-person households, consisting only of couples, as of 2015. Regarding the social increase in single-person households and double-income couples, it is believed that the surge in neglect time and lack of training time that pets do not want is a problem. This paper conducted the development of hardware and software products for the training and management of companion animals using Lego Mind Storm. Lego mind Storm is equipped with a variety of sensors and can produce equipment to train or care pets with simple programming through easy assembly and visual scripting. It is also expected that switching to new equipment will be easy because it is well modularized. We hope that this study will help the training and management of pets when the expansion of the pet market becomes active through this study.

• Proceedings of the KAIS Fall Conference
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• 2011.05b
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• pp.792-795
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• 2011

After the year of 2000, compositions of stock holders in domestic firms are rapidly changing. In domestic stock market, the proportion of market value held by foreign investors reaches over 40%. There are several blue chip companies among those where foreign investors hold more than 50% of the stocks. There are still hot debates going on about whether the increase in the number of foreign investors contributes to domestic companies. This research attempted to determine foreign ownership increases enhance firm value empirically. It has been shown that foreign ownership variable has significant positive impact on Tobin's Q of firm value variable. The result suggests that foreign ownership increases in domestic corporations positively contribute to firm value, as they monitor and keep the management transparent as an institutional investor, and they work to soothe agency problems by the managements or the large stock holders.

• Korean Journal of Bronchoesophagology
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• v.16 no.1
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• pp.51-54
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• 2010

Occult bronchial foreign body is that long-standing foreign body lodge in bronchial tree. Occult bronchial foreign bodies arc rare in adults, whereas tracheobronchial aspiration of foreign bodies occurs commonly in children. A 65-year-old man with chronic cough, sputum production, and fever was transferred for treatment of right middle and lower lobc collapse and obstructive pneumonitis as evidenced by imaging studies. The patient was treated with right middle-lower bilobectomy because fiberoptic bronchoscopic removal of the foreign body failed. We report this case with review of literatures.