• Title/Summary/Keyword: Stock Management

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Management Plans of Livestock Excretions from Field Scrutiny in Yeongsan Stream Basin (영산천 유역의 현장정밀조사에 기초한 가축분뇨 관리 방안)

  • Ko, Jaehong;Yang, Wonmo;Lee, Yongwoon
    • Journal of the Korean Society of Urban Environment
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    • v.18 no.4
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    • pp.465-471
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    • 2018
  • A field scrutiny related to livestock excretions in Yeongsan stream basin was performed in this study. This result was used to verify the accuracy of nationwide survey result (formal document) for pollution sources by comparing them, and a management plan of livestock excretions was also suggested based on their comparison in this study. The major differences between them were 17.7% in the number of stock farms, 39.6% in the population of milk cows and 41.6% in the treatment method of pig excretions. The biggest difference to the pig case, which is currently the most problem in livestock excretions treatment, could be because of the cause that most of the farmlands, including orchard grove, used as individual treatment site for excretions played role as a dump site to reduce the cost for consignment treatment. Meanwhile, the 67% of compost heaps was illegally left alone in field without the rain shelter and could flow in the stream if it is raining.

Delisting risk of firm with a new technological innovation and research & development intensity (기술도입기업의 연구개발 집약수준에 따른 시장퇴출위험에 관한 실증연구)

  • Lee, Po-Sang
    • Journal of Digital Convergence
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    • v.17 no.10
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    • pp.141-147
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    • 2019
  • This paper analyzes the price movements and the possibility of delisting by research and development intensity of firm which made technological innovation disclosure in the Korean stock market. The sample consists of firms listed on the KRX which made technological information disclosure between January 2002 and December 2014. The results are summarized as follows. The higher R&D intensity is observed for the delisted firms group. The logit regression result shows that the research and development intensity is a significant predictor of the possibility of delisting. This shows that exposure to the risk of delisting may increase as the proportion and uncertainty of intangible assets in the assets of individual firms increases. This empirical result is expected to serve as a good guide line for the stakeholders.

Dynamic Glide Path using Retirement Target Date and Forecast Volatility (은퇴 시점과 예측 변동성을 고려한 동적 Glide Path)

  • Kim, Sun Woong
    • Journal of Convergence for Information Technology
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    • v.11 no.2
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    • pp.82-89
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    • 2021
  • The objective of this study is to propose a new Glide Path that dynamically adjusts the risky asset inclusion ratio of the Target Date Fund by simultaneously considering the market's forecast volatility as well as the time of investor retirement, and to compare the investment performance with the traditional Target Date Fund. Forecasts of market volatility utilize historical volatility, time series model GARCH volatility, and the volatility index VKOSPI. The investment performance of the new dynamic Glide Path, which considers stock market volatility has been shown to be excellent during the analysis period from 2003 to 2020. In all three volatility prediction models, Sharpe Ratio, an investment performance indicator, is improved with higher returns and lower risks than traditional static Glide Path, which considers only retirement date. The empirical results of this study present the potential for the utilization of the suggested Glide Path in the Target Date Fund management industry as well as retirees.

Status-Based RFID Authentication Protocol (상태기반 RFID 인증 프로토콜)

  • Yoo Sung Ho;Kim KiHyun;Hwang Yong Ho;Lee Pil Joong
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.14 no.6
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    • pp.57-68
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    • 2004
  • Recently, Radio Frequency Identification (RFID) systems stands in the spotlight of industry as a common and useful tool in manufacturing, supply chain management (SCM) and stock management. In the near future, low-cost RFID Electronic Product Code; (EPC) or smart-labels may be a practical replacement for optical barcodes on consumer items. However, manufacturing cheap and small RFID tags, and developing secure RFID authentication Protocols are problems which need to be solved. In spite of advances in semiconductor technology, computation and storage ability of the tag are so limited that it is difficult and too expensive to apply existing crypto-systems to RFID tags. Thus it is necessary to create a new protocol which would require less storage space and lower computation costs and that is secure in the RFID system's environments. In this paper, we propose a RFID authentication protocol that is secure against location tracking and spoofing attacks. Our protocol can be used as a practical solution for privacy protection because it requires less computations in database than the previous RFID authentication protocol.

Distribution of Fishing Grounds of Korean Bottom Longline and Annual Change of CPUE of the Patagonian Toothfish Dissostichus eleginoides in South West Atlantic (남서대서양 한국 원양 저연승 어선의 조업 분포 및 비막치어(Dissostichus eleginoides) CPUE 변화)

  • Park, Kyum Joon;Choi, Seok-Gwan;An, Doo-Hae
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.54 no.1
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    • pp.129-134
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    • 2021
  • This study used the commercial fishing data of Korean high sea bottom longline vessels in the South West Atlantic Ocean from 2013 to 2019 to identify the distribution of fishing grounds of Korean longline vessels. We estimated the CPUE of the Patagonian toothfish Dissostichus eleginoides and the changes in its stock status. The fishing grounds of Korean longline vessels were observed to concentrate on the exclusive economic zone (EEZ) boundary between Argentina, Uruguay, and Falkland owing to the high seas of 41-55 °S in the south and 49-60 °W in the west. A high intensity of fishing was seen in the middle area, which was horizontal from the 3.1 subarea. In all the three subareas, CPUEs have had the tendency to decline since 2013. Although the CPUEs in the 3.2.1-2 subareas were the highest in each subarea, there was no significant difference in each subarea (P>0.05). It is believed that the establishment of a regional fisheries organization or the strengthening of the management of FAO is necessary for the management of Southwest Atlantic fisheries and sustainable fishing, because the portion and scope of Korean longline vessels are very low in the Southwest Atlantic; however, the CPUE is estimated to have declined.

A Study on Implementing a Priority Tasks for Invigoration of Cloud in Financial sector (금융권 클라우드 도입 활성화를 위한 우선순위 과제 도출 연구)

  • Park, Wonhyo;Chang, Hangbae
    • Journal of Platform Technology
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    • v.8 no.1
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    • pp.10-15
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    • 2020
  • Recently, various industrial sectors have introduced cloud service actively in their business because cloud computing technology enables storage·management and analysis·utilization of data easily in anytime, anywhere. Especially in financial sector, the business provocatively adopted the service and creates various innovative cases; furthermore, already in abroad, the sector has been accelerating digitization of analysis in cases of credit risk, financial fraud data, stock trading etc. On the contrary, in the domestic financial industry, not only the cloud service introduction and innovation cases are underperformed, but most of them are focused on the back-office service. Most Korean financial corporations are burdened with the adoption of cloud service due to various conservative regulatory requirements, such as regulations on data storage and management, regulations on privacy, and other tasks such as developing decision models and establishing responsibility standard for security incidents and service failures. In this study, it would be aimed to contribute to promote the introduction of the cloud in the domestic financial sector by drawing up preemptive challenges and inspecting priorities.

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IPO of SMEs and Information Asymmetry (중소기업의 신규상장과 정보비대칭)

  • Kim, Joo-Hwan;Park, Jin-Woo
    • Asia-Pacific Journal of Business
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    • v.11 no.2
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    • pp.173-188
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    • 2020
  • Purpose - This study examines the determinants of offer price and short-term and long-term performance of small and medium-sized enterprise(SME) IPO stocks listed on the KOSDAQ during the period from July 2007 to December 2016. Design/methodology/approach - The SME IPO samples are classified into three categories of regular listing, technology-based special listing, and listing by merger with special purpose acquisition company(SPAC), whose results are compared each other and compared to the result for the KOSDAQ listing of large firms. Findings - From the point of SME management which attempts to list its company on the KOSDAQ, the listing by merger with SPAC is the most unfavorable, and the underpricing phenomenon of the technology-based special listing is severe in the second place. By contrast, IPO stock investors can earn the largest abnormal return by purchasing the SPAC which succeeds the merger with unlisted firm, and the next abnormal returns are obtained in the order of the IPO stocks of technology-based special listing, regular listing of SMEs, and regular listing of large firms. However, it is interesting to observe that the net buying ratio of individual investors is relatively large for the IPO stocks of regular listing of SMEs and large firms, which exhibit the long-term under-performance. Research implications or Originality - This result implies that the exceptional listing system such as the technology-based special listing or the listing by merger with SPAC cost the SMEs which bypass the complicated procedure of the regular listing.

Classification and surgical management of temporomandibular joint ankylosis: a review

  • Upadya, Varsha Haridas;Bhat, Hari Kishore;Rao, B.H. Sripathi;Reddy, Srinivas Gosla
    • Journal of the Korean Association of Oral and Maxillofacial Surgeons
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    • v.47 no.4
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    • pp.239-248
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    • 2021
  • The paper reviews various classifications and surgical techniques for the treatment of temporomandibular joint ankylosis. PubMed, EBSCO, Web of Science, and Google Scholar were searched using a combination of keywords. Articles related to classification, resection-reconstruction of the temporomandibular joint, and management of airway obstruction were considered and categorized based on the objectives. Seventy-nine articles were selected, which included randomized clinical trials, non-randomized controlled cohort studies, and case series. Though several classifications exist, most classifications are centered on the radiographic extent of the ankylotic mass and do not include the clinical and functional parameters. Hence there is a need for a comprehensive staging system that takes into consideration the age of the patient, severity of the disease, clinical, functional, and radiographic findings. Staging the disease will help the clinician to adopt a holistic approach in treating these patients. Interpositional arthroplasty (IA) results in better maximal incisal opening compared with gap arthroplasty, with no significant difference in recurrent rates. Distraction osteogenesis (DO) is emerging as a popular technique for the restoration of symmetry and function as well as for relieving airway obstruction. IA, with a costochondral graft, is recommended in growing patients and may be combined with or preceded by DO in cases of severe airway obstruction. Alloplastic total joint replacement combined with fat grafts and simultaneous osteotomy procedures are gaining popularity. A custom-made total joint prosthesis using CAD/CAM can efficiently overcome the shortcomings of stock prostheses.

Development of a Demand Model for Physician Workforce Projection on Regional Inequity Problem in Korea Using System Dynamics (시스템 다이내믹스를 활용한 지역별 국내 의사인력 수요에 대한 추계모델 개발)

  • Lee, Gyeong Min;Yoo, Ki-Bong
    • Health Policy and Management
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    • v.32 no.1
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    • pp.73-93
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    • 2022
  • Background: Appropriate physician workforce projection through reasonable discussions and decisions with a broad view on supply and demand of the workforce, thus, is very important for high-quality healthcare services. The study expects to provide preliminary research data on the workforce diagnosis standard model for Korean physician workforce policy decision through more flexible and objective physician workforce projection in reflection of diverse changes in healthcare policy and sociodemographic environments. Methods: A low flow rate through the causal map was developed, and an objective workforce demand projection from 2019 to 2040 was conducted. In addition, projections by scenarios under various situations were conducted with the low flow rate developed in the study. Lastly, the demand projection of the physician workforce by region of 17 cities and provinces was conducted. Results: First, demand of physicians in 2019 was 110,665, 113,450 in 2020, 129,496 in 2025, 146,837 in 2030, 163,719 in 2035, and 179,288 in 2040. Second, the scenario for the retirement of baby boomers led to a decrease in the growth rate due to time delay. Third, Seoul and Gyeonggi-do account for a high percentage of demand, a very high upward trend was identified in Gyeonggi-do, and as a result, the projection showed that the demand of the physician workforce in Gyeonggi-do would worsen over time. Conclusion: This study is meaningful in that rational and collective physician workforce supply and demand and its imbalance in workforce distribution were verified through various projections by scenarios and regions of Korea with System Dynamics.

A Study on Asset Preference Characteristics of Millennials and Gen Z

  • Eun-sung PARK;Jae-tae KIM
    • The Journal of Economics, Marketing and Management
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    • v.11 no.4
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    • pp.19-30
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    • 2023
  • Purpose: This study examines the factors that the Millennials and Gen Z prefers to invest in assets. We look at the asset structure they want now and in the future and the idea of designing the future. This can be expected that the center of Korea's asset market will change to the structure they want in the future. Research design, data and methodology: The spatial extent of the study is all over Korea including Seoul, the metropolitan area, and local cities. The survey was conducted for about 16 days from May 7 to May 22, 2023. The survey was conducted by the surveyor visiting the subject in person, distributing the questionnaire, explaining it, and filling it out in person. For the analysis, descriptive statistics and logistic regression analysis were conducted using the SPSS 25.0 statistical package. Results: It was confirmed that the preferred assets of the Millennials and Gen Z were different by period. There was also a difference in the influencing factors between Millennial Generation and Generation Z in asset preference. Conclusions: The Millennials and Gen Z's preferred assets were different by period. The reason is interpreted as the current process of collecting assets during the asset formation period. In the future, they intend to purchase real estate assets by using financial assets as a lump sum of money. We learned the characteristics of the entire Millennials and Gen Z, in addition, the difference between income and assets is believed to have affected the difference in preference factors of Millennial Generation and Generation Z, respectively.