• Title/Summary/Keyword: Industrial Relation

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The Relevance between Investor Relation and Book-Tax Difference Variability (기업설명회와 회계이익-과세소득 차이 변동성 간의 관련성)

  • Kim, Jin-Sep
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.11
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    • pp.637-643
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    • 2017
  • This study analyzed the Quality of Accounting Earning of Investor Relations(IR). For this, we utilized Book-Tax Difference Variability as the proxy of the level of the Quality of Accounting Earning. This study used 2,106 sample data from 2011 to 2016 on the listed firm on KOSPI(Korea Composite Stock Price Index). In short, the study results are as follows. Investor Relation(IR) has a negative relevance with Book-Tax Difference Variability, which agreed with the result of additional analysis using extra sample. According to these results, we can expect that Investor Relations(IR) firms will report more faithful Accounting Earning. This study makes the following fresh contribution to the field. The study result confirms how Investor Relation(IR) affects the Quality of Accounting Earning. We hope that this study will help the development of capital market.

Analysis about relation of Won/Dollar Foreign Exchange Rate and Interest Rate of Korea (한국 원/달러환율과 금리의 관계분석)

  • 김종권
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.21 no.48
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    • pp.133-144
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    • 1998
  • International capital movement has made progress at global liberalization of finance and foreign exchange, international monetary norm changing into floating exchange rate system, easiness of collection of information and trade at improvement of information communication technology from early of 1970's. Results of empirical test for relation between foreign exchange rate or various determination factors of foreign exchange rate and interest rate are followed by next sentences. First, according to relation between foreign exchange rate and interest rate, correlation for each of variables after OECD entrance is increased. But, long-term & short-term interest rate is affected by Hanbo & Kia's bankruptcy, continuous large scale corporates bankruptcy and crisis of foreign exchange. Therefore, financial instability is occured. If portfolio investment fund has been inflow as it is mollified by continuous shortage of foreign exchange and fall of country's credit rating, it is expected to have positive effect for long-term & short-term interest rate from appreciation of won against dollar. Second, results from relation between determination factor of foreign exchange rate and interest rate are followed by next sentences. If surplus of current account and goods account is continued, yield of corporate bond is to be stable. But, margin of surplus is expected to diminish after second quarter 98, and difference between external and domestic interest (after adjusting foreign exchange rate) is to be diminished. And if net inflows of foreign investor's fund (stock and bond) is diminished, it is to have negative effect for yield of corporate bond. According to foreign investor's investment movement of previous years, hedge fund were stayed at least during two years in Mexico. It means that sudden capital outflow is not to be happened at Korea. But if external factors from depreciation of yen and China's renminbi are instable, interest rate is expected to increase from capital's outflows. Third, if it is to decrease instability of foreign exchange rate from increase in surplus of future current account, credit rating's upwardness, stability of yen and renminbi, foreign exchange rate is expected to be stable. It is expected to have continuous stability from short-term interest rate to long-term interest rate in this empirical test.

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The Study of the Relation between the Deciding Factors of Local Identity and Local Image Improvement - Focusing on the 2016 Festival of Daegaya Experience- (지역정체성 확립요인과 지역이미지 제고와의 관련성 연구 -'2016 가야체험축제'를 중심으로-)

  • Kim, Hyung-Jun
    • Journal of the Korea Safety Management & Science
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    • v.19 no.2
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    • pp.117-133
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    • 2017
  • The purpose of this study is to consider the relation between the deciding factors of local identity and local image improvement. To achieve this purpose, the deciding factors of local identity have been set as the following four: historical identity, cultural identity, (nature) scenery identity, and industrial identity. The writer has established a model to represent the relation between these factors and the local image improvement, namely 'Visitor Satisfaction' and 'Revisit Intentions', and framed a hypothesis for empirical verification. The study results are as follows: First, the deciding factors of local identity which this study addressed are empirically proven to have a significant effect on the visitor satisfaction and the intention to revisit in which is it likely that the greater the impact of the deciding factors, the higher the visitor satisfaction and revisit intentions would be. Second, the deciding factors of local identity, it appears that the 'historical identity' factor had the largest impact on the visitor satisfaction, and the 'cultural identity' factor had the largest impact on the revisit intentions. Therefore, of the four deciding factors, the 'historical identity' should be considered the highest priority to increase the visitor satisfaction, and the 'cultural identity' should be considered the highest priority to increase the revisit intentions. Third, based on the verification of the relation between the visitor satisfaction and revisit intentions, it can be presumed that the greater the visitor satisfaction, the higher the revisit intentions would be.

The Differential Effect of Task & Relationship Conflict: The Mediating Effect of Relationship Conflict based on the Conflict Transference, and the Moderating Effect of Team-Identification (과업 및 관계갈등의 차별적 효과: 갈등전이에 따른 관계갈등의 매개역할 및 팀 정체화의 조절역할)

  • Kim, Hack-Soo;Lee, Jun-Ho;Bae, Bum-Soo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.5
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    • pp.2758-2768
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    • 2014
  • A research on differential effects of task and relationship conflicts claims positive effects of task conflict on innovation performance and negative effects of relation conflict on innovation performance. Yet, given the intimate interconnectedness of task conflict and relation conflict, task conflict, which has a beneficial impact on innovation performance, may have adverse effects on innovation performance as it goes through the process of being transferred to relation conflict. That necessitates the need for a way of management that can undermine the process of transference of task conflict to relation conflict, and team identification, which is a social identity of an individual and also a sort of positive, affective or cognitive bonds of such individual toward the team, can be an effective way of managing conflict. The research, which was conducted based on materials collected from 213 employees, confirms that such theory holds true for the real-life business environment. Based on the findings, this study suggested implications and directions for future research.

The Asymmetric Relationship between Output Volatility and Growth : Evidence from the U.K. Industrial Production (영국 산업생산 자료에 나타난 성장률과 변동성간의 비대칭적 관계)

  • Kim, Jan R.
    • International Area Studies Review
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    • v.14 no.3
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    • pp.86-107
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    • 2010
  • Prior research on the relationship between output volatility and growth has produced mixed results, failing to provide clear empirical evidence on the sign of the relationship. In this paper, we raise the possibility that such failure is due to misspecification in empirical models previously used, i.e., not taking into account the business cycle dependence of the volatility-growth relation. We set off with the conjecture that higher volatility exerts qualitatively different effect on growth depending on whether the economy is in expansion or contraction. We estimate a series of ARCH-type models with the monthly industrial production data of the U.K., and find strong evidence suggesting that the volatility-growth relation is positive when the economy is in expansion, while higher volatility lowers growth rate in the contraction phase. We also find evidence supporting that the volatility-growth relation estimated in the paper captures a a causal relation, not a bidirectional correlation.

The Actinobacterium Corynebacterium glutamicum, an Industrial Workhorse

  • Lee, Joo-Young;Na, Yoon-Ah;Kim, Eungsoo;Lee, Heung-Shick;Kim, Pil
    • Journal of Microbiology and Biotechnology
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    • v.26 no.5
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    • pp.807-822
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    • 2016
  • Starting as a glutamate producer, Corynebacterium glutamicum has played a variety of roles in the industrial production of amino acids, one of the most important areas of white biotechnology. From shortly after its genome information became available, C. glutamicum has been applied in various production processes for value-added chemicals, fuels, and polymers, as a key organism in industrial biotechnology alongside the surprising progress in systems biology and metabolic engineering. In addition, recent studies have suggested another potential for C. glutamicum as a synthetic biology platform chassis that could move the new era of industrial microbial biotechnology beyond the classical field. Here, we review the recent progress and perspectives in relation to C. glutamicum, which demonstrate it as one of the most promising and valuable workhorses in the field of industrial biotechnology.

Simple sequence repeat marker development from Codonopsis lanceolata and genetic relation analysis

  • Kim, Serim;Jeong, Ji Hee;Chung, Hee;Kim, Ji Hyeon;Gil, Jinsu;Yoo, Jemin;Um, Yurry;Kim, Ok Tae;Kim, Tae Dong;Kim, Yong-Yul;Lee, Dong Hoon;Kim, Ho Bang;Lee, Yi
    • Journal of Plant Biotechnology
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    • v.43 no.2
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    • pp.181-188
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    • 2016
  • In this study, we developed 15 novel polymorphic simple sequence repeat (SSR) markers by SSR-enriched genomic library construction from Codonopsis lanceolata. We obtained a total of 226 non-redundant contig sequences from the assembly process and designed primer sets. These markers were applied to 53 accessions representing the cultivated C. lanceolata in South Korea. Fifteen markers were sufficiently polymorphic, and were used to analyze the genetic relationships between the cultivated C. lanceolata. One hundred three alleles of the 15 SSR markers ranged from 3 to 19 alleles at each locus, with an average of 6.87. By cluster analysis, we detected clear genetic differences in most of the accessions, with genetic distance varying from 0.73 to 0.93. Phylogenic analysis indicated that the accessions that were collected from the same area were distributed evenly in the phylogenetic tree. These results indicate that there is no correlative genetic relationship between geographic areas. These markers will be useful in differentiating C. lanceolata genetic resources and in selecting suitable lines for a systemic breeding program.

The study on the existing system of industrial safety and its improvement (현행 산업안전제도와 개선방안 연구)

  • 이근희;홍상우
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.9 no.13
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    • pp.1-11
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    • 1986
  • The mechanization of production facilities being made rapid progress, and its function being diversified and complicated for industrialized period, the relation between machine and Its operator brings about many problems which are concerned with accident. In these circumstance, the purpose of industrial safety can not be properly achieved as considered by only one side of machine or man. Therefore, it is necessary to study how to cope with the safety of man-machine system. It has to be considered in the above mentioned contents that safety management can not be attained through only technique of numerical control. The cause of accident being studied scientifically, the service of safety problems has to be systematized and operated in rational safety organization. The purpose of this thesis is to consider preventing and decreasing industrial accident from production system field by means of the improvement of worker's own safety consciousness and introducing the function of safety management to the duties of labour union.

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A Proposal for Initiation of Co-operating Research about Industrial Structure Between Japan an Korea (한ㆍ일산업시스템 공동연구회설치의 제안에 대하여)

  • 본전상사
    • Proceedings of the Korean Professional Engineer Association Conference
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    • 1987.12a
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    • pp.72-76
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    • 1987
  • I would like to propose the initiation of co-operating research about $\ulcornerIndustrial$ structure between Japan and $Korea\lrcorner.$ The purpose of this investigation is to study about appropriate system of industrial structure Japan and Korea including interactive relation. In future, tile interactive relationship of industrial structure should be desided by the investigation of a characterization about alocality, a racial character, a existence of resources, a weather, a history and natural features of a region. According to these investigation, frictionless structure of industrial society of each country will be born. The most appropriate researcher's group is Consulting Engineer's Association of each country, because they are independent from a national benefite and a profit of enterprise. According to the above reason. I propose to start the co-operating research project immediately.

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A study of design parameters for permanent magnet actuator (영구자석 엑츄에이터 설계 파라메터에 대한 고찰)

  • Lee, J.H.;Lee, J.G.;Ahn, H.I.;Kim, Y.G.;Shin, Y.J.;Kil, G.S.
    • Proceedings of the KIEE Conference
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    • 2005.07b
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    • pp.1189-1191
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    • 2005
  • This paper describes the design parameters for permanent magnet actuator(PMA). Recently, a PMA is great attention and increased in used. However, it needs a technique for applying design parameters in order to satisfy characteristics of PMA. In this paper, presented the design parameters for PMA that has both a mutual relation and a consideration for load.

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