• Journal of the Korean Society of Combustion
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• v.17 no.3
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• pp.1-8
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• 2012

The CO emission characteristics of interacting hydrogen and methane partially premixed flames were numerically investigated. A counterflow geometry was introduced to establish interacting two partially premixed flames. An one-dimensional OPPDIF code was used to simulate the interacting flames. The GRI-v3.0 was used to calculate the chemical reactions. Emission index for CO(EICO) was evaluated to quantify the CO emitted from the interacting flames. The global strain rate and equivalence ratios for each flame(${\Phi}_{CH_4}$ and ${\Phi}_{H_2}$) were used as parameters to control the extent of interaction between two partially premixed flames. When ${\Phi}_{CH_4}$ was kept to stoichiometric condition and ${\Phi}_{H_2}$ was at rich condition, unburned H2 species of hydrogen flame was transported to the methane flame and affected reactions related with CO formation. When ${\Phi}_{CH_4}$ increased from a stoichiometry to rich condition while ${\Phi}_{H_2}$ was kept to stoichiometric condition, EICO increased initially, had a peak value at ${\Phi}_{CH_4}=1.5$ and decreased gradually. This could be elucidated with an analysis for the elementary reactions related with CO formation.

• The Journal of Asian Finance, Economics and Business
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• v.4 no.2
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• pp.55-68
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• 2017

This research is carried out to investigate the relationship between sustainability practices and performance in a financial sense for Malaysian Oil and Gas sector. Objectives include to study the state of sustainability disclosure among Malaysian oil and gas companies, to understand if companies that practiced sustainability had better performances to their financial bottom-line and to conduct a data analysis to understand the relationship between Environmental, social and governance performance [represented by the acronym ACSI] and financial performance. Sustainability performance is measured using ACSI checklist, which is an adaptation of the GRI 3.0 by Global reporting initiative while financial performance was measured on financial and profitability parameters namely EBITDA, EPS and PE ratio. Secondary data sources are used which were then converted into a rating scale to develop quantitative data. SPSS 21 is used for the analysis. The result shows that the majority of oil and gas companies in Malaysia had poor performance in terms of sustainability disclosure. On all three chosen profitability parameters, the companies that practiced sustainability were found to perform better than their counterparts that did not. Strong and significant relationship exists between sustainability practices and better financial performance.

• Proceedings of the Korean Geotechical Society Conference
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• 2005.03a
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• pp.1572-1579
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• 2005

New procedure for evaluation of creep reduction factor using performance limit strain concept was introduced and confirmed through the creep test results. To determine the performance limit strain of the textile geogrid used in this study, the Sherby-Dorm Plots were applied and the results were compared with the results that applied existed limit strain criteria (GRI test method GG-4). The limit creep strain of the geogrid samples that determined by using the Sherby-Dorm Plots were all 11%. This value is more higher than the existed criteria as 10%. From this 11% limit strain the creep reduction factors were calculated at 100,000 hours design. It was resulted in 1.45 for all of the geogrid samples(8t/m, 10t/m). Finally, when it was compared with the creep reduction factors that using 10% criteria, there were some decrease of reduction factor values about $0.06{\sim}0.14$.

• Transactions of the Korean hydrogen and new energy society
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• v.31 no.5
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• pp.467-479
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• 2020

Various researches are being conducted to reduce greenhouse gases generated by the consumption of traditional energy resources. This study was conducted to numerically analyze the combustion characteristics and N-S reaction behavior with respect to the H₂ content of syngas composed of CO and H₂ in pressurized air combustion. A non-premixed opposed flow flame model was applied a modified detailed mechanism with S-chemistry was developed based on GRI 3.0 to simulate the syngas reaction. As the hydrogen content increased, the flame thickness increased due to the fast reactivity of hydrogen. In the rich region, NO and SO₂ were reduced by reaction with H radical and H bonding of NO was suppressed by the formation of HOSO.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.9
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• pp.631-638
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• 2020

The intention of this research is to identify the effect of corporate social responsibility (CSR) disclosure on firm value with profitability as a moderating variable. Data collection is carried out with data documentation that is based on financial reports and sustainability reports. All companies listed on the Indonesia Stock Exchange (IDX) during the 2013-2017 period are considered as the population of this study. Samples were selected using the purposive sampling method. The following are criteria that would be used in this study: 1) publish a sustainability report using the GRI G4 standard as a reference in preparing reports for 2013-2016, 2) publish a complete financial report for the 2014-2017 observation period, 3) not experience a loss during the 2014-2017 period. The total sample of the study was 109 companies. The study uses path analysis assisted with WarpPLS software version 6.0. The results show that the disclosure of corporate social responsibility has a positive and significant effect on firm value, and profitability moderates the effect of corporate social responsibility disclosure on firm value. The implication of the research is that implementing corporate social responsibility is very important to increase firm's value and firm's sustainability in the future.

• Journal of the Korean Operations Research and Management Science Society
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• v.41 no.1
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• pp.99-111
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• 2016

This paper presents a framework to analyze the change in the research and development (R&D) efficiency of government-funded research institutes (GRIs) in Korea. Cumulative data envelopment analysis/Malmquist index method is utilized to analyze the changes in R&D efficiency of GRIs. Data analysis of the R&D activities of 10 GRIs in Korea Research Council of Fundamental Science & Technology showed that the average R&D efficiency of the 10 GRIs improved from 2009 to 2013. However, the efficiency of a few GRIs decreased in terms of the catch-up index. The proposed framework can help management teams diagnose the current state of R&D activities and determine the efficacy of strategic actions by comparing efficiencies in the past.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.8
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• pp.509-518
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• 2020

This study investigates, first, whether the extent of corporate social and environmental responsibility disclosure (CSERD) differs between 2010 and 2014; second, whether government regulation affects the extent of CSERD; and, third, whether the CSERD is valued by investors. Content analysis method was used to extract 466 companies' annual reports to measure the extent of social and environmental responsibility disclosure based on the Global Reporting Initiative (GRI) checklist. Independent sample t-test and multivariate regression analysis were also conducted to test the differences of the extent of CSERD as well as determinants and consequence of CSERD. Our results show that the extent of CSERD in 2014 is 21.60 percent higher than in 2010 (13.39 percent). Government regulation has a significant effect on the extent of CSERD. This study also finds that market values positively CSER information disclosed by company. Given that government regulation has a positive impact, however, the findings of this study suggests that the extent of CSERD is still low. To enhance CSERD, government should continuously encourage companies to abide by the regulations as mandated. This study provides a more comprehensive insights of CSRED practices from an emerging country and the effect of government regulation in enhancing CSERD.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.10
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• pp.161-169
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• 2020

The condition of mining companies that exploit natural resources in their business processes underline this research to emphasize on social and environmental issues. After twelve years of government regulation on CSR practices, this study investigates the factors that influence mining companies in disclosing information about corporate social responsibility based on legitimacy, stakeholders, and agency theory. Thus, independent variables are foreign ownership, company size, leverage, and the board of commissioners. The dependent variable is the corporate social reporting disclosure that is measured using GRI indexing. For sampling, we have used thirty-four Indonesian mining companies listed in IDX during the 2014-2018. out of which only fifty-two companies meet the sample criteria. All data should pass the classical assumption test to get the best estimator. Multiple linear regression is used to test the hypothesis, and the results show that the model is good, and can explain 60% of the dependent variable. Based on F-test, all four variables affect CSR practices simultaneously. The findings of this study suggest that foreign ownership and firm size influences CSR disclosure in a positive direction. However, this study did not support the hypothesis that leverage negatively affects CSR disclosure and board size measures positively affect CSR disclosure.

• Asia Pacific Journal of Business Review
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• v.1 no.1
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• pp.56-66
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• 2016

This paper analyzes the impact of CSR on the capital market in Korea. Using listed firm data, we found that the creation of a sustainability report that indirectly measures the level of CSR can bring the stock rate of return difference of the capital markets representative market index. First, when a firm that publishes a sustainability report was compared in terms of its market rate of return, it showed a return increase of about 2%. We found that higher returns were gained through the competitive advantage of related business when the firm was actively involved in social responsibility. Second, subdivided by industry, firms belonging to the capital goods industry were found to reach a rate of return higher than that of industry. These firms were noticeable in that they were mainly industries that caused environmental pollution. Third, in an additional analysis, foreign investors were given the sustainability report of financial businesses, which was interpreted as a result of industrial properties. A sustainability report is a comprehensive report on the economic, environmental, and social activities of a firm. Firms must learn that they can gain trust through publishing trustworthy reports while achieving the lasting power of growth from the stakeholders.

• Coupled systems mechanics
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• v.1 no.3
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• pp.285-295
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• 2012

In this paper, two types of porous burners with radial and axial flow have been modeled numerically and compared. For this purpose, governing equations were solved one-dimensionally for methane-air premix gas. The mechanism used in simulating combustion phenomenon was 15 stage reduced mechanism based on GRI3.0. In order to compare the two burners, the inlet flow rate and fuel-air ratio have been assumed equal for the two burners. The results of the study indicated that reduction in speed and increase in cross-section area in the direction of flow have a considerable influence on the behavior of radial burner in comparison to axial burner. Regarding temperature distribution inside the burner, it was observed that the two above mentioned factors can be influential in temperature of flame propagation region. Also, regarding distribution of CO and NO emission, the results indicate that the porous radial burner has lower emissions in comparison to the axial once. The output radiative heat transfer efficiency of the two burners was also compared and in this case also even the radial porous burner was found to be preferable.