• Journal of Distribution Science
• /
• v.21 no.12
• /
• pp.83-89
• /
• 2023

Purpose: Research on spin-off and treasury stock is necessary because the market has realized that this can be utilized for major shareholder private interest. Considering the unique characteristic of a spin-off and treasury stock in the Korean stock market, this study contributes to the literature by examining the effects on shareholder value in the Korean distribution industry. Research design, data, and methodology: The present study investigates literature, analyst reports, and news articles to examine the spin-off process and analyze how treasury stock magic happens. Results: Setting the exchange ratio favoring Spin-Co in the spin-off is the leading cause for reducing the minor shareholders' value. Moreover, treating treasury stock as an asset is also problematic, allowing the allocation of Spin-Co shares. This leads to an increase in the major shareholder controls of Spin-Co without any contribution from the major shareholders. Therefore, the exchange ratio should be calculated reasonably, and treasury stock from the stock repurchase should be treated as stock retirement. Conclusion: By analyzing the spin-off and how treasury stock magic occurs, this study provides recommendations to improve shareholder value. Moreover, it contributes to the maturation of the Korean capital market by promoting a discussion on the revision of spin-off and treasury stock.

• The Bulletin of The Korean Astronomical Society
• /
• v.38 no.1
• /
• pp.34.2-34.2
• /
• 2013

Spin distribution of dark matter halos in a cosmological N-body simulation is well fitted by a log-normal distribution, but the origin of the log-normal like shape is still unknown. To understand the evolution of spin and the origin of spin distribution, we have studied the change of the angular momentum of simulated halos through their merging histories. First, we traced merging histories of the dark matter halos and measured the probability distribution of the angular momentum changes from a series of simulations. We were able to fit the angular momentum changes with the Gaussian distribution in spaces of M, spin, ${\Delta}M$. Using the simulated merging trees and the distribution of angular momentum changes during the merging events, we can recover the spin distribution of halos over the various mass scales.

• Current Applied Physics
• /
• v.18 no.11
• /
• pp.1447-1450
• /
• 2018

The electron spin resonance (ESR) detects point defect of the In-Ga-Zn oxide (IGZO) like singly ionized oxygen vacancies and excess oxygen, and get spin density as a parameter of defect state. So, we demonstrated the spin density measurement of the IGZO film with various deposition conditions and it has linear relationship. Moreover, we matched the spin density with the total BTS and the threshold voltage ($V_{th}$) distribution of the IGZO thin film transistors. The total BTS ${\Delta}V_{th}$ and the $V_{th}$ distribution were degraded due to the spin density increases. The spin density is the useful indicator to predict $V_{th}$ instability of IGZO TFTs.

• Journal of The Korean Astronomical Society
• /
• v.9 no.1
• /
• pp.9-14
• /
• 1976

Godel models of the universe filled with fluid are studied in the framework of the Einstein-Cartan theory of gravitation. It is assumed that the models admit a group of motions simply transitive on space-time. The combined effects of spin and rotation(vorticity) are studied with a particular attention to whether the held equations impose any restriction on alignement of spin direction (a polarized spin distribution). The solutions are found explicitly in a closed form, which show that spin components are vanishingly small except in the direction of z-axis (the compass of inertia) in which they can assume an arbitrary distribution.

• The Bulletin of The Korean Astronomical Society
• /
• v.43 no.1
• /
• pp.61.4-62
• /
• 2018

We use smoothed particle hydrodynamics (SPH) models to study the evolution of galactic spin and the distribution of gas and young stars in the inner region of the galaxies through galaxy encounters. Specifically, we perform numerical simulations of interactions of a late- or an early-type galaxy with either a late- or an early-type galaxy with and without a gas halo at the closest approach distances of 25 and 50 kpc. We find that an early-type galaxy encountering a late-type galaxy have a higher galactic spin and more gas and young stars in the central region of the galaxy after the collision. We are analyzing the role of a gas halo on the changes of galactic spin and central mass distribution during various galaxy-galaxy encounters.

• Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
• /
• 2003.11a
• /
• pp.148-151
• /
• 2003

The spin density of ${\beta}-MnO_2$ structure was theoretically investigated by $DV-X_{\alpha}$ (the discrete variation $X{\alpha}$) method, which is a sort of the first principle molecular orbital method using Hatre-Fock-Slater approximation. The used cluster model was $[Mn_{14}O_{56}]^{-52}$. The ${\beta}-MnO_2$ is a paramagnetic oxide semiconductor material having the energy band gap of 0.18 eV and an 3 loan-pair electrons in the 3d orbital of an cation. This material exhibits spin-only magnetism and has the magnetic ordering temperature of 94 K. Below this temperature its magnetism appears as antiferromagnetism. The calculations of electronic state showed that if the initial spin condition of input parameters changed, the magnetic state changed from paramagnetic to antiferromagnetic. When d orbital of all Mn atoms in cluster had same initial spin state as only up spin, paramagnetic spin density distribution appeared by the calculation. On the other way, d orbital had alternately changed spin state along special direction the resulted spin distribution showed antiferromagnetism.

• Korean Journal of Applied Biomechanics
• /
• v.18 no.1
• /
• pp.159-168
• /
• 2008

The purpose of this study was to analyze the variables of plantar pressure distribution, the COG between Flying Sit Spin(FSS) and Flying Camel Spin(FCS) during a Figure Skating. In order to investigate the two types of spin mechanism in the Korea national of elite women Figure skaters(N=4), this study investigated the phase time, CA(contact area), MF(maximum force) Mean Force, and PP(peak pressure) Mean Force. The data was collected using PEDAR Mobile System which is the pressure distribution measuring devices. The obtained conclusions were as follow: During the two types of spins(FSS and FCS), the FCS is higher than the FSS on the MF(20%BW), PP(20%BW) variables during P4 phase, but the FSS is larger than the FCS in the CA, MF, and PP during P1, P2, P3 phase. Consequently, depend on the COP and the COG locations about the vertical ground reaction vector, the FCS comparatively excelled control of speed feedback than the FSS in the P4 phase.

• Journal of Magnetics
• /
• v.11 no.1
• /
• pp.20-24
• /
• 2006

Very recently, it was presented that the one dimensional (1D) CuO atomic chains can maintain large magnetic moments. In this work, we analyzed m-resolved density of states (DOS) to understand the peculiar spin polarization occurred in Cu atoms. It was found that the $\mid{m}\mid=1$ states play an essential role in the spin polarization of Cu atoms. In addition, we calculated magnetic anisotropy energy (MAE) and observed that the distribution of MAE is strongly sensitive to the interatomic distance between Cu and O atoms. Besides, it was revealed that the contribution to MAE comes for the second half of Brillouin zone (BZ).

• Journal of the Korean Society of Systems Engineering
• /
• v.19 no.1
• /
• pp.14-28
• /
• 2023

The spin-off where the principal technology developers take the lead in the active and initiative pursuit of the commercialization of technologies is increasingly drawing attention, breaking away from the traditional means through the technology transfer or licensing of the public technologies created by the developers. This study aimed to determine the reasons for such differences from the perspective of the institutional theory. The results show that only the start-up support system, profit distribution system for researchers, degree of participation in the technology marketing, entrepreneurship of researchers, the use of start-up systems affected the number of start-ups of spin-off companies. Furthermore, an analysis of success factors and a study on the exploration of success paths for the RSOs will also be required

• The Bulletin of The Korean Astronomical Society
• /
• v.43 no.1
• /
• pp.33.1-33.1
• /
• 2018

The differential rotational properties of early-type galaxies (ETGs) revealed by integral field spectroscopy surveys is arguably one of the most exciting findings in the galaxy evolution study during the past decade. Numerical studies have shown that galaxy mergers under various configurations can reproduce the observed distribution of ETG spin. However, we suggest an alternative scenario for the spin evolution of a large fraction of ETGs. Using the Horizon-AGN simulation, we follow the spin evolution of 10037 color-selected ETGs more massive than 1010 Msun that are divided into four groups: cluster centrals (3%), cluster satellites (33%), group centrals(5%), and field ETGs (59%). We find a strong mass dependence of the slow rotator fraction, fSR, and the mean spin of massive ETGs. Although the environmental dependence is not clear in the fSR, it is visible in the mean value of the spin parameter. The environmental dependence is driven by the satellite ETGs whose spin gradually decreases as their environment becomes denser. Galaxy mergers appear to be the main cause of total spin changes in 94% of central ETGs of halos with Mvir > 1012.5 Msun, but only 22% of satellite and field ETGs. We find that non-merger induced tidal perturbations better correlate with the galaxy spin-down in satellite ETGs than mergers. Given that the majority of ETGs are not central in dense environments, we conclude that non-merger tidal perturbation effects played a key role in the spin evolution of ETGs observed in the local (z < 1) universe.