• Title/Summary/Keyword: Stock Management

Search Result 1,575, Processing Time 0.029 seconds

Arbitration as a Means to Replace Shareholder Class Action (주주집단소송의 대체수단으로서의 중재)

  • 김연호
    • Journal of Arbitration Studies
    • /
    • v.11 no.1
    • /
    • pp.75-93
    • /
    • 2001
  • The advantages of arbitration such as promptness, economy and flexibility apply to the disputes arising from corporate governance between shareholders and a corporation. The confidentiality of arbitration can be particularly highlighted in the disputes among the members inside corporation. But it appears that the shareholders believe litigation the best way to pursue liabilities of managers of corporation and improve the system of corporate governance. And it is claimed that the current litigation system lacks the implementation of shareholders rights due to structural deficiency and therefore need bring class actions into the system of Korean jurisprudence. The OECD, which afforded the rescue finances to Korea, also recommended shareholder class actions as a way to improve corporate governance. Class actions have merits but even advanced countries consider the changes of existing system or only stay class actions in the stage of discussion. Rather, legal experts urge arbitration to be used more frequently and the Courts also approved the dispute resolutions of the disputes as to corporate governance through arbitration. There is no report in Korea that arbitration was used to resolve the disputes between shareholders and the managers, or between shareholders and corporation, which is listed in the Stock Market. There only are the debates for bring class actions into the judicial system between NGOs and the organizations of corporate managers. But arbitration has greater advantages in resolving the disputes among the members of corporation that any other methods for dispute resolution. Arbitration can interpret flexibly the mandatory provisions of the Statutes of Security and the Code of Commerce to meet the needs of parties involved, which is not possible to the Courts. Arbitration can issue the award to meet the equity of the parties. And arbitration can avoid a resolution of All or Nothing by fully considering the specific situations of Korean corporations(such as family-dominated management) and can issue the award beneficial to all parties of shareholders, managers and corporation. Thus it should be sought to resolve the disputes as to corporate governance through arbitration.

  • PDF

An Identification of Project Sites for Lowering Carbon Emissions and Saving Forests in DPR Korea (북한의 탄소저감과 산림보존을 위한 사업대상지 선정방법 연구)

  • Kim, Oh Seok;Youn, Yeo-Chang
    • Journal of the Korean Geographical Society
    • /
    • v.49 no.2
    • /
    • pp.264-274
    • /
    • 2014
  • The main purpose of the current research is to analyze DPR Korean carbon emissions due to forest loss and to identify potential project sites for REDD implementation. REDD (Reducing Emissions from Deforestation and forest Degradation) is a global environmental policy that is geared towards lowering carbon emissions in developing and least developed countries through saving forests that are vulnerable to future deforestation. DPR Korea is known for its underdevelopment as well as its serious environmental degradation, but limited research exists regarding these issues. The research employs remotely sensed global data and forest carbon stock information from the existing literature to quantify carbon emissions in DPR Korea. It turns out that the country may have had emitted about 82.6 to 149.3 $MtCO_2e$ due to forest loss between 2005 and 2009. A few administrative districts are delineated as prospective REDD sites, of which the outcomes of Local Moran's I represent high rates of deforestation. In brief, it appears there is a great possibility to lower carbon emissions in DPR Korea via REDD implementation.

  • PDF

Development of an Hazard Analysis Critical Control Point Application Model for a Olive Flounder (Paralichthys olivaceus) Aquaculture Farm (넙치 양식장 위해요소중점관리기준(HACCP) 적용모델 개발)

  • Kim, Tae-Jin;Min, Jin-Gi;Park, Sun-Mee;Choi, Jae-Suk;Lee, Myung Suk;Kim, Young-Mog;Chung, Yong-Hyun
    • Journal of Fisheries and Marine Sciences Education
    • /
    • v.25 no.5
    • /
    • pp.1055-1067
    • /
    • 2013
  • We attempted to apply the HACCP system adopted in the food industry to a olive flounder (Paralichthys olivaceus) aquaculture farm to ensure the hygiene safety of farmed fish. In this study, HACCP system procedures, including HACCP team organization, critical point determination, establishment of standard limits etc., were established using Codex 12 procedures. To determine whether hazards were critical elements, we evaluated the likelihood and seriousness of each hazard element. The likelihood of residual medicine exceeding the acceptable limit in shipped fish products was demonstrated to be a critical hazard element. Management of the shipment stage was determined to be a critical control point (CCP). Checking the records for stock and release and maintaining a history of medicine use before shipping the fish were suggested as monitoring methods. The standards for acceptable residual medicine were set based on relevant laws and regulations, and then the limits were adapted and established for the CCP. An HACCP plan applicable to olive flounder farms was established.

Genetic diversity of conserved potato germplasm using microsatellite markers

  • Lee, Gi-An;Cho, Kwang-Soo;Shin, Myoung-Jae;Lee, Jung-Ro;Cho, Yang-Hee;Ma, Kyung-Ho
    • Proceedings of the Korean Society of Crop Science Conference
    • /
    • 2017.06a
    • /
    • pp.85-85
    • /
    • 2017
  • Potato is important carbohydrate source over the world in that revealing high productivity per the unit area, and their cultivation area is estimated to be increased to cope with a scarcity of food according to the population increase. Major cultivated species of potato is Solanum tuberosum (2n = 4x = 48) and regarded as being originated in Andes region of South America. The diverse potato genetic resources has been collected and perserved in Highland Agricultural Research Institute (NICS, RDA), and the genetic materials as DNA stock is conserved in National Agrobiodiversity Center(NAS, RDA). The understanding of genetic constitution of conserved diversity is the basis for the germplam management and further utilization. In this study, we analyzed the genetic diversity of potato germplasm(479 accessions) using 24 microsatellite markers which have been internationally used for fingerprinting of potato accession. The allele number and polymorphic information content (PIC) of total accessions per locus was ranged from 2 to 18 (mean = 8.2) and from 0.214 to 0.771 (mean = 0.595), respectively. Especially, the accession originated from Korea revealed average allele number of 6.0 (2 - 11) and average PIC value of 0.58 (0.193 - 0.763). Three groups were deduced by phylogenic analysis (Group-1, -2, -3); Korean accessions showed close genetic similarity to Japanese and USA accessions, and Korean landraces were mainly included in Group-3. We try to elaborate the genetic diversity analysis of conserved potato germplasm by acquiring more genotypes using applicable molecular markers.

  • PDF

Chemical Treatment of Short Fiber Fraction of OCC for Retention and Drainage

  • Youn, Hye-Jung;Chin, Seong-Min;Choi, Ik-Sun;Cho, Hui;Seo, Yung-Bum;Sohn, Chang-Man
    • Proceedings of the Korea Technical Association of the Pulp and Paper Industry Conference
    • /
    • 2006.06a
    • /
    • pp.99-103
    • /
    • 2006
  • Use of recycled fibers in papermaking has been increased for economical and environmental reasons. Recycled panels are major liber resources for brown grades and newsprints. Since the recycled fibers have disadvantageous properties as raw materials for papermaking it is of great importance to optimize the use of these recycled fibers. OCC (Old Corrugated Containers) is the major fiber source for linerboards and corrugating mediums that require diverse specification in strength properties. Many studies have been focused to overcome the problems of strength reduction of brown grades when recycled fibers are used as raw materials. The problem of strength loss for papers made from recycled fibers is closely associated with the increased amount of fines in recycled fibers and hornification of fibers. Fines contained in the recycled fiber resources cause problems not only in paper properties but also in process runnability. This shows that the optimal management and proper use of fines in recycling papermaking system are critical to get most benefits of using recycled fibers. In this study some approaches for optimal use of fiber fines in recycled paper mill have been investigated. Stock samples, prepared in the laboratory and obtained from a recycling plant were used. Fractionation of these samples was made using Sweco screen. And the effect of the addition of polyelectrolytes including cationic PAM and PEI on drainage and retention was evaluated. Different methods of polymer addition were compared to find the most effective ways of treating recycled fiber stocks with polyelectrolytes. Addition of polyelectrolytes to the short fiber fraction was most effective in retention and drainage. The influence of the charge and molecular weight of these two polymers has been examined and discussed.

  • PDF

Validity assessment of VaR with Laplacian distribution (라플라스 분포 기반의 VaR 측정 방법의 적정성 평가)

  • Byun, Bu-Guen;Yoo, Do-Sik;Lim, Jongtae
    • Journal of the Korean Data and Information Science Society
    • /
    • v.24 no.6
    • /
    • pp.1263-1274
    • /
    • 2013
  • VaR (value at risk), which represents the expectation of the worst loss that may occur over a period of time within a given level of confidence, is currently used by various financial institutions for the purpose of risk management. In the majority of previous studies, the probability of return has been modeled with normal distribution. Recently Chen et al. (2010) measured VaR with asymmetric Laplacian distribution. However, it is difficult to estimate the mode, the skewness, and the degree of variance that determine the shape of an asymmetric Laplacian distribution with limited data in the real-world market. In this paper, we show that the VaR estimated with (symmetric) Laplacian distribution model provides more accuracy than those with normal distribution model or asymmetric Laplacian distribution model with real world stock market data and with various statistical measures.

Remote Secure Entrance Control System using RFID and TCP/IP (RFID와 TCp/IP를 활용한 원격 보안 출입 제어 시스템)

  • Kim, Jeong-Sook;Kim, Cheon-Shik;Yoon, Eun-Jun;Hong, You-Sik
    • Journal of the Institute of Electronics Engineers of Korea CI
    • /
    • v.45 no.6
    • /
    • pp.60-67
    • /
    • 2008
  • At present, RFID system is highly welcomed as a substitute system with its bar code recognition system and self recognition equipment. Consequently, the system has multi applications and can be complementing to its security. In particular, RFID system is significantly related with electronic transaction equipments : transportation card, ID card in check point, attendance sheet. Based upon these characteristic, the system is becoming extremely popular in the field of logistics, harbor and stock management, animal control and product circulation & distribution. In this dissertation, I would like to present a more efficient and stable remote entry control system with the network-based TCP/IP. It is a simple example of ubiquitous computing function. Above all, approved protocol system should be applied to the remote entry control function. Its efficient function with the applied approval protocol based-remote entry control system should be confirmed. Therefore, a preliminary test should be prerequisite in automatic entrance function with the embedded and TCP/IP-based RFID system.

A Study on the Satisfaction and the Importance of Contract Foodservice in Colleges in Jeju (위탁 급식 업체에 대한 중요도와 만족도에 관한 연구 - 제주지역 대학업체를 대상으로 -)

  • Yang, Tai-Seok;You, Byung-Joo;Jeon, Hyu-Jin
    • Culinary science and hospitality research
    • /
    • v.11 no.2
    • /
    • pp.67-90
    • /
    • 2005
  • In this study, to improve the quality of school lunch in local colleges, we conducted a survey on students who attend 2 year colleges in Jeju region. With its own unique regional characteristics and the change of its school lunch program from direct management to consignment, there were some questions about how each factor in school lunch program affects on students' satisfaction with it and we tried to present helpful data to improve school lunch programs in each region. The survey took place from May 5 to May 10, 2005 covering the colleges only in Jeju region. There were 200 sets of questionnaires issued and distributed to the students who are currently using school lunch programs. Only 168 sets were retrieved and processed statistically. 2 sets out of 168 questionnaires had to be thrown away because there were wrong entries of some questions, which made overall retrieving rate 83%. In this study, SPSS 10.0 , one of the statistical package programs, was used as an analyzing tool to make Frequency Analysis. To verify credibility, Cronbach's Alpha Element Analysis was done and T-test and ANOVA was also made. After Recurrence Analysis for elements of satisfaction regarding main factors that is considered to be important to customers, we found that importance of following factors: appearance of food, incongruity between main and side dishes, availability of seasonal food, availability of preferred menu, absence of food stock, waiting time, accessibility of food counters, space between chairs, presentation of a menu, food tray's shape, and color of food trays. The importance of those showed high but satisfaction with the same factors was low. So the primary improvement on these factors should be made to increase satisfaction. Finally we concluded that in large extent, importance of each factor definitely affects on students' satisfaction.

  • PDF

Work Involvement Study of Each Job on Technical Design in Garment Development Process in South Korea (국내 의류상품개발과정에서 직종별 업무관여도 비교 - 테크니컬 디자인 업무 중심으로 -)

  • Kim, Bo Ah;Nam, Yun Ja;Lee, Jaeil;Yoon, Mi Kyung
    • Fashion & Textile Research Journal
    • /
    • v.18 no.5
    • /
    • pp.658-667
    • /
    • 2016
  • The purpose of this study is 1) to research how practitioners in fashion industry in South Korea perceive concepts of Technical Design/Designer, 2) to compare and analyze issues at work by occupation, 3) to research specific works in garment development process, and 4) to compare and analyze work involvement by occupation, type of a company and etc, and 5) to propose the role of Technical Designers in apparel companies in South Korea. There were two methods to conduct this study, which were in-depth interview and survey. Both methods were conducted to designers, merchandisers, pattern makers, technical designers, and production coordinators. Frequency analysis, ANOVA, Duncan test, and Factor analysis were performed to get results by using SPSS 18.0 program. The results are following. There were 50 works during garment development process from the result of in-depth interview, and 6 factors were obtained from the result of Factor analysis, which were 'Works about Sample in Sample Development Process', 'Works about Product's Pattern and Size Spec', 'Works about Development of Garment's Design', 'Works about Planning of Product Development and Management of Product in Stock', 'Works about Production Process', and 'Preparation Works for Sample Development'. In conclusion, technical designer in apparel companies in South Korea should be in charge of works about sample in sample development process and decision making of product' size spec, which is included in works about product's pattern and size spec. Also, they should complete technical package after product is developed by designers.

Design and Implementation of An MPEG-4 Dynamic Service Framework (MPEG-4 동적서비스 프레임워크 설계 및 구현)

  • 이광의
    • Journal of Korea Multimedia Society
    • /
    • v.5 no.5
    • /
    • pp.488-493
    • /
    • 2002
  • MPEG-4 movies are composed of several media objects, organized in a hierarchical fashion. Those media objects are served to the clients as elementary streams. To play the movie, client players compose the elementary streams according to the meta- information called the scene graph. The meta-information streams are delivered as BIFS and OD elementary stream. Using dynamically generated BIFS and OD streams, we can provide a service something differs from traditional file services. For example, we can insert weather or stock information into the bottom of the screen while an existing movie was played in the screen. In this paper, we propose a dynamic service framework and dynamic server. Dynamic service framework is an object-oriented framework dynamically generating BIFS and OD streams based on the external DB information. Dynamic server provides a GUI for the server management and interface for registering dynamic services. In this framework, the dynamic service has the same interface as a file service. So, a dynamic service is considered as a file service by clients and other services.

  • PDF