• Korean System Dynamics Review
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• v.16 no.3
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• pp.49-75
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• 2015

A company is a core of free market capitalism. It needs to be sustainable to make capitalism better. In this reason, a company has to be ethical to be longer, because unethical company can not be survival. It means that we should understand what is the ethical company and how to be. Because interdisciplinary exchanges give a hint to understand what and how from, so it was studied to find the academic theories which have a relationship with ethics or morality not only in the area of Business management, but also Psychology, Pedagogy, Ethics, Philosophy, and etc.. Making a visible structure by System Dynamics with results through interdisciplinary exchanges to understand the reason why unethical accidences are rising and damages are growing although companies pay "Ethics Pays" more and more to reduce immoral cases is the goal of this study. On the theory of "Social Ethics", 5 ways explain the reason why unethical behavior has not been demolished make a complex structure, which was founded from studying interdisciplinary exchanges such as "Ethics Pays", "Moral Reasoning", "Social Cost", and "Fallacy of Compositions". Finding the controllers and Factors of this model to control to be better, then the market could be more effective with lesser social cost.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.9
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• pp.61-73
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• 2022

The article examines the ownership structure and dividend payout behavior of India-listed firms using a panel regression approach. It focuses on family ownership and examines why dividend payouts of family firms differ from non-family firms. The study finds that family firms dominate and have concentrated ownership using data from the NSE-listed regular dividend-paying firms. Although family ownership concentration is high among Indian firms, these firms are not concerned about distributing cash as dividends. Instead, these firms focus on retaining and passing on control from one generation to the next. The evidence shows that family firms pay low dividends and have higher leverage than non-family counterparts. The results support the entrenchment of minority shareholders and the proposition that a high payout signals a reduction in the information asymmetry and level of risk. The study further illustrates that cash dividends tend to reduce the level of risk perceived; however, (cash dividend) leads to the deterioration firm's liquidity and aid in the shrinking of cash among emerging market firms. The originality of the paper lies in factoring ownership concentration while explaining the dividend behaviour from an emerging markets perspective, characterized by high private benefits and weak protection for external minority shareholders.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.36 no.4
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• pp.77-83
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• 2013

This study is to develop a mathematical analysis model to grasp the behaviors of cartels. Cartels are formed tacitly and cause tremendous damage to consumers in modern society which is composed of advanced industry structure. The government authorities have instituted the leniency programs to respond cartels. However, cartels will continue unless there are legal sanctions against cartels based on an accurate analysis of leniency programs. The proposed cartel equilibrium analysis model is a mathematical behavior model which is based on the existing methods and the prison's dilemma of game theory. Therefore, the model has a form of pay off matrix of two players. We use a iterated polymatrix approximation (IPA) method to deduct a Nash equilibrium point. The model is validated by an empirical analysis as well.

• English Language & Literature Teaching
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• no.4
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• pp.1-14
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• 1998

The present paper explores rationales for the process-oriented approach to teaching writing and their implications for EFL writing classes. The product-oriented traditional approach to writing has put too much emphasis on linguistic aspects of writing. It fails to see the enormous complexity of the act of composing. In the process-oriented paradigm, writing is regarded as a messy process leading to clarity and the writer discovers meaning instead of merely' finding an appropriate structure in which to package ideas already developed from the beginning. Based on the underlying assumptions, some suggestions are made for EFL writing classes. Firstly, practitioners should be aware that writing is a recursive activity in which the writer moves backward and forwards between drafting and revising, with stages of re-planning in between. Secondly, writing teachers should help the student writers build an awareness of themselves as a writer and encourage their sense of confidence in writing. Lastly, students should be encouraged to pay their attention to content revision at first, and delay editing changes until the last draft.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2001.11a
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• pp.76-81
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• 2001

Recently, the structure is higher and larger, so that the application of high-strength concrete is increased, And as the development of construction skills, it is possible to place during the winter. Concrete work during winter is indispensible to shorten time of completion and cut costs. When concrete work during winter is placed, it has anxiety that concrete freeze at low temperature. As repetition of concrete's freezing cause reduction of durability, it is necessary for mixing to pay attention to air content and W/C ratios. Accordingly, in this study, we estimate the frost resistance by air content and W/C ratios, and development of strength after early-frost damage in the high-strength concrete during the cold weather. In this study, it could be confirmed that factors which were air content, W/C ratios and early curing period, affected on the frost resistance.

• Proceedings of the KSR Conference
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• 2005.05a
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• pp.1115-1124
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• 2005

The usual distinction made in the literature is between decision facilitating and decision influencing. Because time only runs one way, both uses of cost information are problematic. In the first instance, a cost description (measurement or estimate) is provided to decision makers before a decision is made. Unfortunately, costs can only be measured after the fact. This means that cost analysts must estimate the costs of the alternatives under consideration. In some cases, measured cost is a reliable predictor of future costs; in other cases it is not. Regardless of its reliability, however, it is all we have or can have. Consequently, managers must be informed as to how their performance will be measured and how measured performance will affect outcomes they care about -- promotion, pay, esteem, etc. I will outline the basic approaches to cost measurement and then show how cost measures can be used to facilitate and to influence decisions of the railway industry.

• Journal of the Society of Naval Architects of Korea
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• v.48 no.4
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• pp.375-380
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• 2011

Loading/unloading at sea is necessitated as larger container ships are being used. It is also unavoidable to load/unload at sea during military operations. An experimental cable array robot system, which can be used for loading/unloading at sea, consisting of four cables operated by four motors is designed and built. Even though it has simple structure, it has a large pay-load/robot-weight ratio, flexibility and wide workspace and can be easily built at low cost. In order to plan and control the paths of end-effector, two interpolation methods are introduced and compared. Since the robot is entirely based on cable tension, an analysis of tension is also presented for monitoring and planning purpose.

• Proceedings of the KIEE Conference
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• 2007.07a
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• pp.600-601
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• 2007

When the system is larger then the past we need estimation for the customer and continuous maintenance for that. For example like kind of EMS which is the system manage huge information we wants to add and change the extra module. In this operation the first interesting is compatible with the existing system. This is connected with reliance. If you wanted to modify the system under non-standardization we have to pay much money and human resource. Thus in this paper we will mention that the improvement of system structure and necessity of adaption for standardization.

• East Asian Economic Review
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• v.16 no.4
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• pp.333-361
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• 2012

Development assistance plays an important role in contributing to the development process of Cambodia. The top bilateral donors, China, Japan, and Korea provide ODA to Cambodia in different characteristics and from different perspectives. This study tries to pull out some implications for Cambodia as recipient and for donors in order to achieve the development of Cambodia's economy-effectively by using the ODA. As a viewpoint, ODA structure emphasizes the intention of donors, either for their self-interest and benefit or for achieving MDGs. China's ODA to Cambodia seems to distort the ODA allocation by other donors with unconditional loans or loans with conditionality focusing only on infrastructure. Cambodia benefits from the better infrastructure, but it has to pay the price set by China, even for concessional loans. The driving interests of Japan and Korea are more influenced by their national policy goals and the expected perceptions of their voters. The aid projects should at least catch the attention of national media or win obvious and unbiased support from the suffering people in the recipient countries.

• Proceedings of the Korean Society for Quality Management Conference
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• 2006.04a
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• pp.106-113
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• 2006

With the rapid development of digital technology, the satellite DMB service is able to provide chance to watch on TV, movie and listen on the Radio to their subscriber with moving. From the mid 2005, Korean people can get the satellite DMB service which includes In many kinds of new telecommunication services such as watching on tv, movie, and listening the music on service charge. The objective of this study is to grasp the factors which affecting the use satellite DMB service on the consumers who pay service charge, and to make an analysis on the structure relationship between such factors with consumer satisfaction and consumer royalty.