• The Journal of Asian Finance, Economics and Business
• /
• v.9 no.3
• /
• pp.135-147
• /
• 2022

This study was conducted to determine whether there is a significant relationship between board structure and board committee qualities and corporate cash holdings in Pakistan. For this objective, 168 listed enterprises on the PSX for the period 2016 to 2020 were chosen as a sample from a population of 436 non-financial firms. Multiple regression analysis was used in the study to discover a relationship between board structure and board committee features and cash holdings. The study's findings revealed that board size, executive directors, and board independence have no significant impact on the firm's cash holding because they play no important part in the firm's cash holding. Auditors, audit committee size, audit committee meetings, and the compensation committee, on the other hand, have no major impact on the firm's cash holdings because they are not relevant indicators to compare with cash holdings. While board meeting frequency and leadership structure both have a negative influence on cash holding, board meeting frequency increases firm costs, whereas leadership structure causes agency problems. Results were supported by the pecking order theory, cash flow theory, and agency theory.

• The Journal of Fisheries Business Administration
• /
• v.28 no.2
• /
• pp.1-18
• /
• 1997

The purpose of this study is to investigate empirically the characteristics of financial structure by using 76 fisheries corporations in Korea, and to suggest implications of the empirical results for government's financial policy for fisheries corporations. For the empirical test, we choose the following factors as the explanatory variables of cross-sectional regression analysis:firm-size(SIZE), collateral value of assets(TFATA), business risk(BRISK), growth(GROWTH), effective tax(ET), profitability(PROFIT). Two different debt ratios are used as dependent variables. One is defined as the ratio of total debt to total assets and the other is as that of long-term debt to total asset in terms of book value. The sample consists of 76 fisheries firms and sample period is 14 years from 1982 till 1995. From the results of cross-sectional regression analysis, the adjusted R$^2$values were high, 16∼79% and the overall F values indicated to be statistically significant. The results of cross sectional regression analysis show that the characteristics of financial structure fur fisheries corporations are as follows ; (1) Firm-size and collateral value of assets are the major factors of financial structure for fisheries corporations. That is, the larger firm-size the higher is debt ratio. This means that financial institutions conventionally lend more collateral loans with fixed assets like land, building rather than management capacities or credits. (2) To be consistent with a pecking-order theory, the higher is profitability the lower is debt ratio in fisheries corporations. (3) Corporations with high effective tax rate have lower financial leverage. Although the empirical results are inconsistent with traditional static trade-off theory, we think it would be attributed to government's various tax shelterings for fisheries which are likely to reduce tax shield effect of interests.

• Journal of Families and Better Life
• /
• v.5 no.2
• /
• pp.65-82
• /
• 1987

Product characteristic approach and hedonic method were explained and applied to demand behavior of housing for 360 households sampled from four districts of Seoul. Th major findings are: 1) Housing prices are determined by housing characteristics, i.e., basic structure, interior space, interior quality, and neighborhood quality. 2) as income increase , the demand for basic structure, interior space, interior of quality, and neighbor hood quality increases. As compared to the counties that have advanced housing financial systems, income elasticity form housing characteristics was low. 3) householder's educational level has insignificant effects on the demand for neighborhood quality. 4) the housing need of family is different to a family life cycle. In the first stage, the increase of income enhances the demand for basic structure. interior space, and interior quality, but inversed with neighborhood quality. In the second and third stages, the demand for basic structure, interior space, and interior quality increases as the income increases. 5) It is predicted that the larger the family size, the more housing space is required. But in the low-income group, an increase in family size results in a decrease in the demand for interior space because expenses for food and education are indispensable ones. In the middle -income group the demand for interior space, interior quality increases as the family size increases, In the high-income group, the larger the family size the more interior quality is demanded. As mentioned above, the demand for housing is derived form characteristics and the demand behavior far housing characteristics is varied with individual household's characteristics. Therefore, the fact that different housing needs according to various income groups should be considered in housing policy.

• Journal of KIISE
• /
• v.42 no.10
• /
• pp.1247-1253
• /
• 2015

An inverted index structure is widely used for efficient string similarity search. One of the main requirements of similarity search is a fast response time; to this end, most techniques use an in-memory index structure. Since the size of an inverted index structure usually very large, however, it is not practical to assume that an index structure will fit into the main memory. To alleviate this problem, we propose a novel technique that reduces the size of an inverted index. In order to reduce the size of an index, the proposed technique rearranges data strings so that the data strings containing the same q-grams can be placed close to one other. Then, the technique encodes those multiple strings into a range. Through an experimental study using real data sets, we show that our technique significantly reduces the size of an inverted index without sacrificing query processing time.

• Korean journal of applied entomology
• /
• v.16 no.2 s.31
• /
• pp.105-113
• /
• 1977

In this paper have been examained the relation of tssk performance to body size. the variation of venation of males, sex ratio, breeding by forms of worker's pupae and structure by forms of workers's colony to nest size in polymorphism of polydomous red wood ant, Formica rufa truncicola var. yessoensis Forel in Korea. 1. The workers are classified into three forms, in which small form mainly performs itself the task of nursing in the nest and the visit to aphid from the outside of the nest, medium and large form mainly do not only the stinct of prey carrying from the outside of the nest and nest structure, but the task of protecting colony of outside. But the small forms visiting to aphid is not always fixed but seems to be changed with season. 2. The variation forms of venation of males are fourteen, generally, they have various variations of the discoidal. 3. Generally, sex ratio of Formica rufa truncicola var. yessoensis Forel is the same proportion, but it seems that there are some difference according to its characteristic of colony in each nest and polydomous colony structure in its habitat. 4. In summer season the medium form makes a colony in high proportion without any relations with the size of nest but. during hibernation, small form coasists in small nest, medium in medium nest and large in large nest. And so the structure of worker's colony by forms according to their nest size seems to be changed with season.

• Journal of Environmental Science International
• /
• v.26 no.3
• /
• pp.325-334
• /
• 2017

To understand the changes in physical parameters and phytoplankton size structure caused by tides, a fixed station in the Youngsan River estuary was monitored at 2-h intervals, on April 28, 2012 and August 12, 2012. No clear relationship was observed between the temperature and salinity changes and tidal levels in April. However, in August, temperature decreased during the ebb tide and increased during the flood tide, while salinity showed the opposite trend. In addition, there was no specific change in the phytoplankton biomass corresponding to tidal levels in April. In August, the total chlorophyll a and the biomass of net phytoplankton (>$20{\mu}m$) increased almost 20 times during the ebb tide and decreased during the flood tide. The biomass of nanophytoplankton (<$20{\mu}m$) showed a similar variation in response to tidal level changes. In April, the relationship between percent contributions of phytoplankton size structure and tidal levels was not clear. In August, the net phytoplankton was dominant in the early stage and nanophytoplankton was dominant in the later stage, while contribution of nanophytoplankton and net phytoplankton increased at high tide and low tide, respectively. Therefore, in April, other factors such as freshwater discharge were more important than the tide, whereas in August, when no freshwater discharge was recorded, the changes in semidiurnal tides influenced the physical parameters and phytoplankton dynamics. These results could contribute to the understanding of phytoplankton dynamics in the Youngsan River estuary.

• Transactions of the Korean Society of Mechanical Engineers A
• /
• v.37 no.1
• /
• pp.31-37
• /
• 2013

This study aims to find the optimal skirt dimensions for a composite pressure vessel with a separated dome part. The size optimization for the skirt structure of the composite pressure vessel was conducted using a sub-problem approximation method and batch processing codes programmed using ANSYS Parametric Design Language (APDL). The thickness and length of the skirt part were selected as design variables for the optimum analysis. The objective function and constraints were chosen as the weight and the displacement of the skirt part, respectively. The numerical results showed that the weight of the skirt of a composite pressure vessel with a separated dome part could be reduced by a maximum of 4.38% through size optimization analysis of the skirt structure.

• Journal of Information Technology Services
• /
• v.23 no.3
• /
• pp.55-63
• /
• 2024

To grasp the structure of an industry and monitor its changes, it is essential to utilize relevant statistics. Various statistics are being compiled regarding the software (SW) industry, presenting diverse numerical values. However, without a precise understanding of the scope and measurement methods inherent to each statistic, gaining a rigorous understanding of the industry's structure and evolving trends becomes challenging. Moreover, significant discrepancies between similar statistics often lead to confusion among users. In the software (SW) industry, key statistics commonly used include SW production value and SW market size. As of 2022, the annual domestic SW production value is reported as 77.4 trillion KRW (based on ICT Survey), while the SW market size for the same year is stated as 38.5 trillion KRW (according to IDC data). Although production value and market size may seem conceptually similar, there is approximately a twofold difference between the figures provided. Without understanding the meanings of each statistic and the differences between them, there are limitations in utilizing these statistics effectively. While statistics are utilized for various purposes such as policy development or causal analysis of policy using statistical raw data, research that presents and analyzes the precise meanings and limitations of each SW-related statistic is virtually non-existent. Thus, this study aims to compare and analyze the methodologies and differences among key statistics used to represent the SW industry: SW production value, SW market size, and SW GDP statistics. Through this analysis, the goal is to contribute to a better understanding of the SW industry's structure and enable more accurate and rigorous utilization of relevant statistics.

• Korean Journal of Computational Design and Engineering
• /
• v.12 no.5
• /
• pp.376-381
• /
• 2007

The geometric configuration in the weight-reduced structure is very required to be started from the conceptual design with low cost, high performance and quality. In this point, a structural-topological shape concerned with conceptual design of structure is important. The method used in this paper combines three optimization techniques, where the shape and physical dimensions of the structure and material distribution are hierachically optimized, with the maximum rigidity of structure and lightweight.

• Journal of the Korean Graphic Arts Communication Society
• /
• v.21 no.2
• /
• pp.75-87
• /
• 2003

Printing inks are mainly composed of pigment and vehicles. Among these components, the Vehicle affect the rheologic property of the ink the most but pigment content of characteristic also after to the fluidity property not less than the vehicle. In the study, It is tested effect to the ink fluidity and structure recovery according to change the pigment particle size. The ink fluidity have been observed by using rheometer at the various conditions and it has been tested to observe what the ink fluidity has different means. In result We have found that the viscosity value of the low shear rate range has relatively higher value with decreasing the pigment particle size in the ink. Also, it has been found that when the pigment particle size decreases, the yield stress gradually increase. In the case of ink's structure recovery, when the pigment particle size decreases in the ink, the less changing shear rate, and it takes less time to recover.