• The Journal of the Korea Contents Association
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• v.22 no.4
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• pp.199-206
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• 2022

As the OTT video service has grown, much attention has been paid to its impact on the traditional media market. This study explores how the OTT video service(measured as OTT subscription revenue, OTT advertising revenue, and Netflix effect) has impacts on the traditional media market(measured as pay TV subscription revenue, media advertising revenue, and broadcast advertising revenue), using the panel dataset with 50 countries from 2012 to 2020. For pay TV subscription revenue, OTT subscription revenue is positively associated with the revenue while Netflix and broadband diffusion have negative associations. For media advertising revenue, OTT advertising revenue is positively associated with the revenue while broadband diffusion has negative association. For broadcast advertising revenue, OTT advertising revenue is positively associated with the revenue while broadband diffusion has negative association.

• Journal of Digital Convergence
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• v.15 no.1
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• pp.85-96
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• 2017

The purpose of this study investigates the relation between corporate life cycle and management compensation. The analysis is performed by comparing the compensation level and pay-performance-sensitivity (PPS) at each life cycle based on Korean data from 2003 to 2014. The results show that regarding compensation level, mature stage has the highest mean value of compensation and compensation level drops after mature stage. In introduction stage, growth and decline stages, compensation is not sensitive to accounting performance. In a while, in mature stage, management compensation varies with accounting performance more significantly than stock performance. In additional analysis, the results indicate that the finding is not designated from growth opportunities and the relation differs when the firm is included in a conglomerate. These findings contribute to the literature by providing additional evidence to understand for compensation and the corporate life cycle studies.

• Journal of the Korea Society of Computer and Information
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• v.8 no.4
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• pp.186-193
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• 2003

This study presents practical approach devices that examines introduction conditions and operation procedures about yeonbongje as new system of wage management and analyzes the problems and complementary clauses on introducing and operating yeonbongje pay system. Yeonbongje is pay system taking a serious view of performance that decides total annual wages by contract and evaluates performance and contribution of individual employees. Appraisal is the basic to execute yeonbongje. Employees have to accept appraisal result because it is reflected in annual wage. To introduce and operate successfully, yeonbongje needs conditions as follows; First, system is desirable that regulates the basis matters and solve problems in operating actually. Second, it is desirable to ensure objectivity and acceptance of appraisal. Third. it is difficult to evaluate for appraisal. Fourth. it is effective to furnish computer system. Fifth, it is successive to increase the weight of competency based wage in the long time.

• The KSFM Journal of Fluid Machinery
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• v.7 no.3 s.24
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• pp.39-47
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• 2004

Micro gas turbines are designed with low turbine inlet temperature and pressure ratio. To overcome the efficiency defect of the simple cycle, adoption of the recuperator is an inevitable choice. In addition to the design performance, we should also pay attention to the off-design performance of gas turbines since they usually operate at part-load conditions lot a considerable amount of their lifetime. This study analyzes off-design performance characteristics of micro gas turbines and addresses the importance of the recuperation process doting the part load operation. Comparative analyses have been performed to evaluate the part load performance differences among various design and operating options : simple vs recuperative cycles, single vs two shaft configurations, various operating strategies for the single shaft configuration, and current vs advanced engines. Major finding is that maintaining high turbine exhaust temperature is crucial for efficient operation of micro gas turbines.

• 유체기계공업학회:학술대회논문집
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• 2003.12a
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• pp.80-87
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• 2003

Micro gas turbines are designed with low turbine inlet temperature and pressure ratio. To overcome the efficiency defect of the simple cycle, adoption of the recuperator is an inevitable choice. In addition to the design performance, we should also pay attention to the off-design performance of gas turbines since they usually operate at part-load conditions for a considerable amount of the time. This study aims at analyzing off-design performance characteristics of micro gas turbines and addressing the importance of the recuperator in the part load operation. Comparative analyses have been performed to evaluate the part load performance differences among various design and operating options : simple vs recuperative cycles, single vs two shaft configurations, various operating strategies for the single shaft configuration (fuel only control, variable speed operation, variable inlet guide vane control), and current vs advanced engines. Major finding is that maintaining turbine at high level is crucial in efficient operation of micro gas turbines.

• Industrial Engineering and Management Systems
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• v.13 no.2
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• pp.118-128
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• 2014

This study examines how green operations affect firm's environmental performance with green innovation as a mediator in the context of electronic industry. We carry out an empirical study with 141 valid questionnaires collected from high-tech manaufactures in Taiwan. The results show that positive relationships exist among green operations, green innovation and environmental performance (in both operational performance and managerial performance). However, an integration of green operations with green innovation would influence firm's environmental performance more positively than the sole effects of green operations. It suggests that high-tech manufacturers should pay greater attention to green innovative strategies in order to cope with customer demand and, thereby, enhancing customer satisfaction and sustainable operations. This study has contributed to the extant literature by providing valuable academic references and pragmatic guidelines for firms to gain competitive advantages through green operations and green innovation.

• Health Policy and Management
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• v.23 no.1
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• pp.3-18
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• 2013

This paper investigates the possibility of expanding pay-for-performance (P4P) program as a provider payment system, in terms of financial, economical, and political sustainability. In order to expand the sustainable P4P, P4P should have usefulness in terms of economic value as well as efficiency in the financial aspects of health care. More importantly, the P4P would be politically sustainable only when both providers and consumers can accept. Korea's healthcare system seems to have logical ground for the P4P program financially and economically. However, how well the P4P can work remains to be proven in its implementation. After 43 tertiary hospitals applied the P4P program for acute myocardial infarction (AMI) and C-section in 2007, the number of hospitals adopting the P4P program for AMI and C-section has increased to 316 in 2011, and an incentive for hospitals applying the P4P has risen to 2% from 1% of health insurance benefits. This shows that the P4P program introduced by Health Insurance Review and Assessment Service is quite successful. In addition, people are aware of the need for improved P4P program and policy alternatives have been already made. Therefore, it is very important to come up with politically supportable strategies that can make providers and consumers accept the P4P program while maintaining the governance of the existing health insurance policy. To this end, there are some tasks to be considered. First, the expansion of the P4P program should be placed on the agenda of the Health Insurance Policy Review Committee, the highest decision-making body, and a separate agency for P4P planning should be established. Second, for more efficient P4P program, the processes of review and assessment, currently carried out separately, should be integrated into a single process. Third, infrastructure to measure the quality of medical services should be sharply expanded. Fourth, the current paradigm for the assessment should be changed. Lastly, a P4P program for consumers should be considered. Given that the consumers in Korea can use medical services freely, the National Health Insurance Corporation could initiate the P4P program for consumers as a means of controlling excessive use of medical services and adjusting consumer's moral hazard.

• Health Policy and Management
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• v.22 no.1
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• pp.109-128
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• 2012

The purpose of this study is to analyze the performance difference between multi-hospitals and free-standing hospitals. Scholars in industrial economics argue that, due to economies of scale and integration, multi-hospital system may have a better performance compared to freestanding hospitals. The study overturned the hypothesis based on a theory. By analyzing 425 acute-care hospitals in Korea, this research shows that multi-hospital systems and market factors, which have been perceived to be strengths to hospitals, are negatively related to hospitals' financial performance. Specifically, the results showed a better performance of freestanding hospitals compared to multi-hospital systems. Higher labor and administrative cost by multi-hospital system may be the reason for the difference, and it means they are not more effective at cost control. Managers in multi-hospital system, therefore, should pay attention on cost-reducing issues to regain managerial efficiency of organizations.

• International Journal of Highway Engineering
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• v.10 no.1
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• pp.135-144
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• 2008

The dynamic loads imposed by moving vehicles have variations in the magnitude due to the surface roughness of the pavement systems and the larger dynamic loads than the design loads may affect the pavement performance. This paper presents variations of the moving dynamic vehicle loads due to the pavement surface roughness. This study was performed as a basic study to apply the pay factor to the surface roughness for the improvement of pavement quality and performance. The profile data was obtained from the old and new pavements and the analysis was performed to investigate the dynamic loads when vehicles move on the pavements having those profiles. The artificial profiles were also developed to find the effects of the vehicle speed, wavelength and amplitude of the surface roughness on the dynamic vehicle loads. The increase in the load magnitude due to the surface roughness affects the stresses and strains of pavements and finally reduces the pavement life. The methodology to obtain the relationship between the surface roughness and the pavement performance was proposed in this study.

• Korea Journal of Hospital Management
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• v.19 no.4
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• pp.1-8
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• 2014

The purpose of this study is to analyze the performance difference between public and private hospitals. It is believed that private hospitals may have a better performance compared to public hospitals. The study support the hypothesis. By analyzing 425 acute-care hospitals in Korea, this research shows a less performance of public hospitals compared to private hospitals. Higher labor and administrative cost by public hospitals may account for the difference, and it means they are not effective at cost control. Managers in public hospitals, therefore, should pay attention on cost-reducing issues to regain managerial efficiency of organizations.