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Current Development of Company Law in the European Union (유럽주식회사법의 최근 동향에 관한 연구)

  • Choi, Yo-Sop
    • Journal of Legislation Research
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    • no.41
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    • pp.229-260
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    • 2011
  • European Union (EU) law has been a complex but at the same time fascinating subject of study due to its dynamic evolution. In particular, the Lisbon Treaty which entered into force in December 2009 represents the culmination of a decade of attempts at Treaty reform and harmonisation in diverse sectors. Amongst the EU private law fields, company law harmonisation has been one of the hotly debated issues with regards to the freedom of establishment in the internal market. Due to the significant differences between national provisions on company law, it seemed somewhat difficult to harmonise company law. However, Council Regulation 2157/2001 was legislated in 2001 and now provides the basis for the Statute for a European Company (or Societas Europaea: SE). The Statute is also supplemented by the Council Directive 2001/86 on the involvement of employees. The SE Statute is a legal measure in order to contribute to the internal market, and provides a choice for companies that wish to merge, create a joint subsidiary or convert a subsidiary into an SE. Through this option, the SE became a corporate form which is only available to existing companies incorporated in different Member States in the EU. The important question on the meaning of the SE Statute is whether the distinctive characteristics of the SE make it an attractive option to ensure significant numbers of SE registration. In fact, the outcome that has been made through the SE Statute is an example of regulatory competition. The traditional regulatory competition in the freedom of establishment has been the one between national statutes between Member States. However, this time is not a competition between Member States, which means that the Union has joined the area in competition between legal orders and is now in competition with the systems of company law of the Member States.Key Words : European Union, EU Company Law, Societas Europaea, SE Statute, One-tier System, Two-tier System, Race to the Bottom A quite number of scholars expect that the number of SE will increase significantly. Of course, there is no evidence of regulatory competition that Korea faces currently. However, because of the increasing volume of international trade and expansion of regional economic bloc, it is necessary to consider the example of development of EU company law. Addition to the existing SE Statute, the EU Commission has also proposed a new corporate form, Societas Private Europaea (private limited liable company). All of this development in European company law will help firms make their best choice for company establishment. The Delaware-style development in the EU will foster the race to the bottom, thereby improving the contents of company law. To conclude, the study on the development of European company law becomes important to understand the evolution of company law and harmonisation efforts in the EU.

Rheological properties and crystallization kinetics of polypropylene block copolymer with repeated extrusion

  • Sung Yu-taek;Seo Won Jin;Kim Jong Sung;Kim Woo Nyon;Kwak Dong-Hwan;Hwang Tae-Won
    • Korea-Australia Rheology Journal
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    • v.17 no.1
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    • pp.21-25
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    • 2005
  • Rheological properties and crystallization kinetics of the polypropylene (PP) block copolymer and recycled PP block copolymer were studied by advanced rheometric expansion system (ARES), differential scanning calorimetry (DSC), and optical microscopy. In the study of the dynamic rheology, it is observed that the storage modulus and loss modulus for the PP block copolymer and recycled PP block copolymer did not change with frequency. In the study of the effect of the repeated extrusion on the crystallization rate, half crystallization time of the PP samples was increased with the number of repeated extrusion in isothermal crystallization temperature ($T_c$). From the isothermal crystallization kinetics study, the crystallization rate was decreased with the increase of the number of repeated extrusion. Also, from the result of Avrami plot, the overall crystallization rate constant (K) was decreased with the increase of the number of the repeated extrusion. From the study of the optical microscopy, the size of the spherulite of the PP samples did not change significantly with the number of repeated extrusion. However, it was clearly observed that the number of the spherulite growth sites was decreased with the number of repeated extrusion. From the results of the crystallization rate, isothermal crystallization kinetics, Avrami plots, and optical microscopy, it is suggested that the crystallization rate of the PP block copolymer is decreased with the increase of the number of repeated extrusion.

The factors of insurance solicitor's turnovers of life insurance using Poisson regression (포아송회귀 모형을 활용한 생명보험 설계사들의 이직 요인 분석)

  • Chun, Heuiju
    • Journal of the Korean Data and Information Science Society
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    • v.27 no.5
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    • pp.1337-1347
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    • 2016
  • This study investigates factors affecting the number of insurance solicitor's turnovers of life insurance companies based on questionnaire about them. Since the response variable which is the number of insurance solicitor's turnovers is count data, it is analyzed by Poisson regression which is one of generalized regression. When work year in current company, which is direct influential factor on the number of insurance solicitor's turnovers, is controlled, affiliated corporation has been found to be the most influential factor. In addition, age, motivation to work as financial planner, monthly income, a number of average new contract per month, and final education have been identified to be important factors. If insurance solicitor's occupant organization is large company, the number of turnovers becomes small, but if the organization is general agent(GA), it becomes larger. When insurance solicitor's age is high, the number of insurance solicitor's turnovers are reduced. If the motivation to become a financial planner is due to acquaintance such as family and relatives, the number of turnovers becomes small.

Reynolds Number Effect on Regenerative Pump Performance in Low Reynolds Number Range

  • Horiguchi, Hironori;Yumiba, Daisuke;Tsujimoto, Yoshinobu;Sakagami, Masaaki;Tanaka, Shigeo
    • International Journal of Fluid Machinery and Systems
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    • v.1 no.1
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    • pp.101-108
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    • 2008
  • The effect of Reynolds number on the performance of a regenerative pump was examined in a low Reynolds number range in experiment. The head of the regenerative pump increased at low flow rates and decreased at high flow rates as the Reynolds number decreased. The computation of the internal flow was made to clarify the cause of the Reynolds number effect. At low flow rates, the head is decreased with increasing the Reynolds number due to the decrease of the shear force exerted by the impeller caused by the increase of leakage and hence local flow rate. At higher flow rates, the head is increased with increasing the Reynolds number with decreased loss at the inlet and outlet as well as the decreased shear stress on the casing wall.

The Efficient Multipurpose Convertible Undeniable Signature Scheme (효율적인 다목적 전환 부인봉쇄 서명 기법)

  • Han Kun-Hee;Yun Sung-Hyun
    • The Journal of the Korea Contents Association
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    • v.5 no.3
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    • pp.83-91
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    • 2005
  • The digital signature can be verified and disavowed only with cooperation of the signer in 'undeniable signature scheme. A signed confidential document of a company can be copied and delivered to a rival company. If a conventional signature scheme is used to sign the document, it can be confirmed as authentic by verifying the signature without the signer's cooperation. However, if the company doesn't want the document to be verified as authentic by the rival company, it is recommended to use the undeniable signature scheme. Convertible undeniable signature scheme has additional property that the signer can convert undeniable signature to the ordinary one. The document signed by undeniable signature scheme that is no longer confidential can be opened to public use by converting the signature to the ordinary one. In this study, the efficient multipurpose convertible undeniable signature scheme based on El-Gamal signature scheme is proposed. The proposed scheme satisfies undeniable property and can convert undeniable signature to the ordinary one. The number of public keys and signatures are less than those of Boyar's convertible signature scheme. It also reduces the number of communication steps of the signature confirmation protocol.

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An evaluation of the effectiveness of the Behaviour Based Safety Initiative card system at a cement manufacturing company in Zimbabwe

  • Nunu, Wilfred N.;Kativhu, Tendai;Moyo, Phakamani
    • Safety and Health at Work
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    • v.9 no.3
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    • pp.308-313
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    • 2018
  • Background: A behavior-based safety initiative card-issuing system was introduced at a cement-manufacturing company in Zimbabwe in 2008 to try and curb accident occurrence. The purpose of this study was to evaluate the effectiveness of the Behaviour Based Safety Initiative card system as a tool used for reducing accident frequencies. Methods: A mixed-method approach that involving administering piloted questionnaires to 40 out of 244 randomly selected employees, making observations, and reviewing secondary data were done to collect data from different sources in the organization in 2013. A paired t-test was conducted to test whether there was significant difference in accident occurrence before and after the implementation of the BBSI. Scatterplots were also used to establish the correlation between the issuance of cards and the accident and injury occurrence. Results: The findings suggest that the introduction of the card system brought a significant decrease in accident and injury occurrence. A negative correlation between card issuance and accident occurrence was observed, i.e., the greater the number of cards issued, the fewer the number of accidents. It was also noted that the card system positively influenced the mindset of workers towards safe work practices. Conclusion: The card system had an influence on the reduction of accidents and injuries. The organization should leverage on issuing more cards to further reduce the number of accidents and injuries to zero.

A Study on Current Status and Trends of Recycling Used Water Purifier Filters (가정용 정수기 폐필터 재활용 동향에 관한 연구)

  • Shin, Yu Jeong;Kim, Young In;Kim, Jung Gun;Yeom, Seong Il;Lee, Do Gyun
    • Journal of Korean Society on Water Environment
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    • v.37 no.5
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    • pp.398-404
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    • 2021
  • The use of water purifiers has been increasing every year due to increased drinking water safety concerns raised by the water pollution accidents occasionally reported. Currently, more than 10 million water purifiers have been distributed in Korea, and the estimation of the purifier sales reaches two million units per year. As a result, the number of used water purifier filters that must be replaced on a regular basis has gradually increased. However, regardless of the considerations for the capacity of used filters remaining, water purifier filters were replaced and collected at regular intervals. The high cost of disposal of the used filters by landfill or incineration were required. Thus, in this study, the current status and trends of recycling technologies for used water purifier filters were reviewed. It is noted that there was insufficient statistical data to understand the current status of the difference between the number of used water filters discarded and the number of those recycled. Most studies on the recycling of old water purifier filters have concentrated on pretreatment and cleaning methods for sediment filters and membrane filters, with the goal of extending the lifespan of used filters. Further, the study suggested future study directions on the recycling of used water purifier filters, which could be useful information on establishing environmental policy to promote the recycling of used filters.

A Study on the Performances of Driving Six Sigma in a ICT Industry (ICT산업의 식스시그마 추진성과 연구)

  • Hwang, Gee-Hyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.35 no.2
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    • pp.220-227
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    • 2012
  • The case company has driven the six sigma innovation programme company wide for the last seven years without any stop in spite of the CEO change. There was neither any benchmark nor the sufficient number of internal experts during the initial stage of driving six sigma. However, the company raised a lot of innovation experts such as MBB, BB and GB, thereby successfully changed the way of employees' doing work and reaped an enormous amount of either visible or invisible performances as a result of implementing the six sigma innovation programme. This paper deals with both main activities undertaken at each stage of the innovation life cycle of six sigma and their performances in a ICT (Information Communication Technology) industry. The performances are described from the four aspects of a balanced score card (BSC) and finally some strategic implications suggested.

An analysis on the effects by application of production information system to small and medium sized manufacturing company (중소제조기업 생산정보시스템 적용에 따른 효과분석)

  • Hong, Eun-Soo;Kim, Young-Kug;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.18 no.3
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    • pp.137-145
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    • 2016
  • To promote the efficiency of production process of small and medium sized company, government conducts production information business that collects and analyzes information of production field automatically and helps process' controlling and supervising by supporting costs of purchase, installment, etc. of hard-software and network related to middle and small sized company intending e-Manufacturing of production field with computer and information & communication network. As a result, the number of middle and small sized companies that introduce and manage production information system is increased. Therefore, the purposes of this research are to arrange contents of production information system introduced to solve current problems of middle and small sized companies and analyze effects of small and middle sized companies' introduction through example companies.

A Study on Impact of Customer Contact Center Service to Business Performance (고객센터 서비스가 기업수익에 미치는 영향에 관한 연구)

  • Lee, Do-Koung;You, Jae-Hyun;Park, Cheol
    • Journal of Information Technology Services
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    • v.8 no.1
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    • pp.29-45
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    • 2009
  • In this research, a model to measure the correlation between the performance of customer contact center and the business performance is developed using the well-known model, the market damage model of TARP. Three hypotheses are suggested and verified using real customer profit data and customer access data of the Industrial bank of Korea. As a result of this research, we know that there is a positive relation between increase of business profit and contact experience of customers to customer contact center. Also, customer satisfaction level for customer contact center contact experience is positively correlated with increase of business profit of the company. However, we could not find a meaningful correlation result between number of contacts to customer contact center and the business profit. Although this study is based on a particular one company data, the analyzation framework can be applicable to other banking companies for showing relations between performance of customer contact center and business profit of the company.