• 유통과학연구
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• 제15권8호
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• pp.47-54
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• 2017

Purpose - According to agency theory, managers have incentives to adjust firm revenues to meet earnings expectations or delay bad news disclosure because of performance-based compensation and their reputation in the market. When the bad news accumulates, stock prices fail to reflect all available information. Thus, market prices of stocks are higher than their intrinsic value. After all, bad news crosses the tipping point, it comes out all at once. That results in stock crashes. Auditors can decrease stock crash risk by reducing agency costs through their informational role. Especially, stock price crash risk is expected to be lower for firms adopting high-quality audits. We focus on distribution and service industry to examine the relation between audit quality and stock price crash risk. Industry specialization and auditor size are used as proxies for auditor quality. Research design, data and methodology - Our sample contains distribution and service industry firms listed in KOSPI and KOSDAQ during a period of 2004-2011. We use a logistic regression to test whether auditor quality influences crash risk. Auditor quality was measured by industry specialist auditor and Big4 / non-Big4 dichotomy. Following the approach in prior researches, we use firm-specific weekly returns to measure crash risk. Firms experiencing at least one stock price crash in a specific week during year are classified as the high risk group. Results - The result of analyzing 429 companies in distribution and service industry is summarized as follows: Above all, it is shown that higher audit quality has a significant negative(-) effect on the crash risk. Crash risk is alleviated for firms audited by industry specialist auditors and Big 4 audit firms. Therefore, our results show that hypotheses are supported. Conclusions - This study is very meaningful as the first study which investigated the effects of high audit quality on stock price crash risk. We provide evidence that high-quality auditors reduce stock price crash risk. Our finding implies that the risk of extreme losses can be reduced through screening of high-quality auditors. Therefore investors and regulators may utilize our findings in their investment and rule making decisions.

• 공업화학
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• 제26권4호
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• pp.394-399
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• 2015

본 연구에서는 Cu 촉매가 도입된 활성탄소섬유를 제조하여 고효율 $SO_2$ 흡착재를 제조하였다. 라이오셀 섬유를 내염화 및 탄화공정을 통해 탄소섬유를 얻었으며, $SO_2$ 흡착능을 향상시키기 위해 KOH 활성화를 사용하여 높은 비표면적 및 균일한 미세기공구조를 부여하였다. 활성탄소섬유에 Cu 촉매를 도입하기 위하여 $Cu(NO_3)_2{\cdot}3H_2O$ 수용액을 사용하였으며, 공정 시 i) 탄소섬유 내 산소 관능기의 분해반응을 촉진하고, ii) 산화구리 및 질산염의 분해로 oxygen radical이 생성되어 탄소섬유의 활성화 반응을 촉진시켰다. 이로 인해 활성탄소섬유의 미세공과 중기공 형성효과 및 탄소섬유 표면에 고르게 분산된 Cu 촉매를 확인하였다. Cu 촉매 도입 후, 활성탄소섬유에 비해 비표면적 및 미세공의 비율이 약 10% 이상 증가되었고, $SO_2$ 흡착능이 149% 이상 향상된 결과를 얻을 수 있었다. Cu 촉매도입공정 시, 전이금속 촉매효과에 의하여 발달된 미세공, 중기공 및 비표면적에 의한 물리적 흡착과 도입된 Cu 촉매에 의한 $SO_2$ 가스의 화학적 흡착반응의 시너지 효과에 기인하여 $SO_2$ 흡착능이 향상된 것으로 사료된다.

• 한국환경과학회지
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• 제22권1호
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• pp.1-6
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• 2013

A fixed biofilm reactor system composed of anaerobic, anoxic(1), anoxic(2), aerobic(1) and aerobic(2) reactor was packed with synthetic activated ceramic (SAC) media and adopted to reduce the inhibition effect of low temperature on nitrification activities. The changes of nitrification activity at different wastewater temperature were investigated through the evaluation of temperature coefficient, volatile attached solid (VAS), specific nitrification rate and alkalinity consumption. Operating temperature was varied from 20 to $5^{\circ}C$. In this biofilm system, the specific nitrification rates of $15^{\circ}C$, $10^{\circ}C$ and $5^{\circ}C$ were 0.972, 0.859 and 0.613 when the specific nitrification rate of $20^{\circ}C$ was assumed to 1.00. Moreover the nitrification activity was also observed at $5^{\circ}C$ which is lower temperature than the critical temperature condition for the microorganism of activated sludge system. The specific amount of volatile attached solid (VAS) on media was maintained the range of 13.6-12.5 mg VAS/g media at $20{\sim}10^{\circ}C$. As the temperature was downed to $5^{\circ}C$, VAS was rapidly decreased to 10.9 mg VAS/g media and effluent suspended solids was increased from 3.2 mg/L to 12.0 mg/L due to the detachment of microorganism from SAC media. And alkalinity consumption was lower than theoretical value with 5.23 mg as $CaCO_3$/mg ${NH_4}^+$-N removal at $20^{\circ}C$. Temperature coefficient (${\Theta}$) of nitrification rate ($20^{\circ}C{\sim}5^{\circ}C$) was 1.033. Therefore, this fixed film nitrogen removal process showed superior stability for low temperature condition than conventional suspended growth process.

• 한국가금학회지
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• 제39권1호
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• pp.33-37
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• 2012

One of the biggest challenges for the animal feed industry in the coming years will be to meet the growing demand in animal protein in light of increased cost of feed ingredient as well as tougher restrictions on the use of antimicrobial growth promoters imposed by consumers and governments. A key focus area will be to maximise feed efficiency and minimise nutrient waste. It has been widely acknowledged that the composition of the intestinal microflora is closely related to intestinal health and performance of animals. Advanced microbial techniques have shown a close relationship between bacterial communities and their ability to modulate nutrient absorption and processing. In addition it has been recognised that modulating the immune response has significant impact on overall health as well as overall nutrient demand. Molecular techniques are a useful tool to gain an understanding of the impact of dietary interventions including the use of functional feed additives on specific changes in microbial communities or the immune system. Most these techniques however focus on the evaluation of large changes in bacterial compositions and often underestimate or neglect to recognise small changes in microbial diversity or behaviour changes without any measurable immune response. The key to understanding the relationship between specific nutritional intervention and the impact on health and performance lies in a deeper understanding of the impact of these nutrients on the expression of specific genes or specific metabolic pathways. The development of molecular tools as a result of developments in the field of Nutrigenomics has enabled researchers to study the effects of specific nutrients on the whole genome or in other words, the effect of thousands of genes simultaneously, and has opened a completely different avenue for nutritional research.

• 한국산학기술학회논문지
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• 제16권4호
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• pp.2442-2449
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• 2015

본 논문은 지식기반사회에서 중요성이 강조되고 있는 인적자원개발의 중요성을 알아보고, 인적자원개발의 전략과 유형에 따른 효과를 종합적으로 검토하기 위해 진행하였다. 특히, 대표적인 서비스산업으로 인적자원의 활용이 핵심을 이루는 관광산업을 중심으로 세부적인 전략을 검토하여, 관련 분야의 활성화와 인적자원개발 정책이 나아갈 방향을 제시하였다. 연구의 목적을 달성하기 위해 인적자원개발영역별 투입요소와 산출요소에 대한 분석을 수행한 결과 개발영역에 따른 차별화된 효과를 검토할 수 있었다. 특히, 관광개발사업의 경우에는 다른 영역에 비해 높은 취업자를 배출하였으며, 지역특성화 지원 영역에서는 다른 영역에 비해 많은 수료자를 배출하는 것으로 나타났다. 이후 관광산업분야를 중심으로 투입 및 산출요소에 대한 통계적 접근을 수행하여 개발 영역에 따른 차별화된 유형과 전략을 검토 하였다. 본 연구를 통해 향후에는 각 영역이 갖는 특성과 목적을 바탕으로 차별화된 인적자원개발 전략의 수립 사업운영이 필요할 것으로 판단된다.

• 한국경제지리학회지
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• 제20권4호
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• pp.486-502
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• 2017

본 연구는 한국 청정개발체제 산업의 형성 과정과 네트워크에 대한 분석을 통하여, 특정 장소에서 발생하는 산업 형성의 요인과 산업 변화의 동인을 도출하는 것을 목적으로 하였다. 설문 조사 및 심층 면담 조사를 통하여 기업 행위자의 적응 활동에 따른 네트워크의 진화와 이의 창발적 현상으로서의 산업 변화를 분석하였다. 한국 청정개발체제 산업의 발생에는 국제적 제도로 인한 조건에 국내 기업들의 산업 활동이 부합하였다는 우연성이 작용하였다. 그러나 산업의 형성에는 발전사의 신재생에너지 발전 프로젝트를 유도하여 시장을 확대하는 방향에서 수행된 정부 정책이 산업 형성을 가속화하는 촉매 역할을 수행하였다. 구조재편 상황에서는 정부 정책이 온실가스 감축과 관련된 국내 새로운 산업 형성의 초기 조건을 형성하였다. 이 과정에서 해외의 관련 지식을 국내 착근화하고 국내 외의 프로젝트에서 기반으로 활용하도록 하는 지식의 국지화가 중요한 동인으로 작용하였다.

• 펄프종이기술
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• 제31권1호
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• pp.39-45
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• 1999

Refining in papermaking plays an important role in changing fiber properties as well as paper properties. The major effects of refining on pulp fibers are internal and external fibrillation, fiber shortening, and fines formation. Many workers showed that internal fibrillation of the primary refining effects was most influential in improving paper properties. In particular, refining produces separation of fiber walls into several lamellae, thus causing fiber wall swelling with water penetration. This leads to the increase of fiber flexibility and of fiber-to-fiber contact during drying. If the fibers are very flexible, they will be drawn into close contact with each other by the force of surface tension as the water is removed during the drainage process and drying stages. In order to study the effect of fiber wall delamination on paper properties, cross-sectional image of fibers in a natural condition had to be generated without distortion. Finally, it was well recognized that confocal laser scanning microscope (CLSM) could be one of the most efficient tool for creating and quantifying fiber wall delamination in combination with image analysis technique. In this study, the CLSM could be used not only to observe morphological features of transverse views of swollen fibers refined under low and high intensity, but also to investigate the sequence of fiber wall delamination and fiber wall breakage. From the CLSM images, increasing the specific energy or refining decreased the degree of fiber collapse, fiber cross-sectional area, fiber wall thickness and lumen area. High intensity refining produced more external fibrillation.

• 경제분석
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• 제17권4호
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• pp.30-51
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• 2011

무역자유화의 파급효과를 분석한 선행 연구의 대부분은 어떤 시점에 이루어진 무역자 유화가 해당연도 또는 그 다음연도와 같은 특정시점의 경제성과(economic performance)에만 영향을 미치는 것처럼 암묵적으로 가정하기 때문에 본질적으로 정태분석의 한계를 벗어나지 못한다. 이러한 선행연구와는 달리 본 연구는 무역자유화가 경제성과에 지속적으로 영향을 미칠 수 있는 동태적 실증분석모형을 설정하여 무역자유화의 누적효과(cumulative effects)를 분석한다. 또한 무역자유화의 파급효과에 대한 실증분석에서 제기되는 내생성(endogeneity)의 문제를 통제하기 위해 수준방정식과 차분방정식을 동시에 이용하는 동태적 패널 데이터 분석방법인 시스템 일반화적률법(system GMM)을 적용한다. 본 연구는 1988-2005년 기간의 한국 제조업을 대상으로 무역자유화의 정태 효과 및 동태적 누적효과를 추정하였는데, 무역자유화의 파급효과는 상당 기간 동안 지속되고, 동태적 누적효과는 정태효과에 비해 훨씬 더 크게 나타났다.

• 유통과학연구
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• 제15권10호
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• pp.29-39
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• 2017

Purpose - The purpose of this study is to promote sales of the renewable energy industry and to advance into the Southeast Asian market. Research design, data, and methodology - This study is to develop a highly efficient food waste treatment system for Southeast Asian renewable energy industry. The radiation treatment method was applied for this purpose. Results - To investigate effects of ionization on removal of non-degradable organic matter, the results from gamma irradiation and co-digestion process was compared to those from a co-digestion process. Based on the BMP test results, food wastes were oxidized by hydroxyl radicals, and the specific methane yield was 366 mL CH4/g VS. Methane composition was 82%. A WAS/food wastes co-digestion was developed for the treated of non-degradable organic matter in food wastes. The average efficiency of non-degradable organic matter were 92.2% using the food waste co-digestion. Conclusions - Performance of gamma irradiation and co-digestion process was superior to that of a co-digestion process (10-20%). This implies that food wastes can be high efficient co-digested by the gamma irradiation. It is believed that it will be possible to enter the Southeast Asian energy industry as a strategic technology in the overseas energy recovery industry.

• 농촌계획
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• 제19권1호
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• pp.123-135
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• 2013

The purpose of this study is to investigate industry-wise employment growth factors in rural areas. Regional economic vitalization is sensitive to internal and external interaction changes among various industrial and occupational sectors. Thus, rural regional economic vitalization requires a comprehensive approach in analyzing industry-dependent employment structures and growth factors in rural areas. However, research conducted thus far has mostly focused on agriculture and farmers. Considering the evidence that rural communities continue to be stagnant and 80% of the rural population is engaged in nonagricultural activities, it becomes necessary to review industry-specific employment change factors in rural areas. This study targeted 5 counties in Chungnam. The results revealed that agriculture, forestry, and fisheries occupied the foremost positions with regard to population employed and regional GRDP share. The influence of national growth on employment and business variation effects was as high as 98.1% and 78.6%, respectively, thus demonstrating the high likelihood of rural economy to be influenced by external factors. Growth in the public sector appeared to support employment structure. Moreover, wholesale and retail businesses, constituting 14.4% of employment in rural areas, showed a strong trend toward degeneration, to the extent that difficulties have been forecasted for the supply of goods and services essential for basic livelihood of the rural residents. The implications based on the above observations need to be considered for policy-making to ensure that industrial structure is modified on the basis of internal demand of the region, and support for small businesses is integrated in rural area development projects.