• The Journal of Asian Finance, Economics and Business
• /
• v.6 no.3
• /
• pp.9-18
• /
• 2019

The purpose of this study is to investigate the relation between conservative loan loss accounting practice of banks, defined as accounting behavior that increases loan loss allowances against expected credit losses, and bank lending. Furthermore, we specify the macroeconomic conditions reflecting debtors' borrowing environments and analyze how these conditions affect the relation between conservative loan loss allowances and bank lending. Although existing literature reports that accounting conservatism has a direct effect on non-financial firms' investment behavior, there is little evidence about an effect of conservatism on banks' lending behavior. By exploiting data showing the links between individual Japanese firms and their individual lenders to control both loan demand and supply, we estimate OLS regressions to test the relationships among conservative loan loss allowance, bank lending, and macroeconomic conditions using a unique dataset containing bank-firm-year observations between 2001 and 2013. We find banks that have conservative loan loss allowances tend to provide fewer loans to firms with financing needs when macroeconomic conditions are good and these conservative banks are likely to provide more loans to firms when macroeconomic conditions are bad. Our findings suggest that reflecting expected credit loss into loan loss allowances can mitigate the procyclical behavior of banks.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.7 no.3
• /
• pp.358-364
• /
• 2006

At present age, great many informations are no exaggeration to say that supply information of better quality to users depend on that grasp correctly user's query intention through internet along with fast development of internet. Therefore, this thesis suggest that generating meaning relation between keywords with that result by passing through morpheme analysis and syntactic analysis about Natural Language Query. This approach is implied more meaning relation than query by simple keyword or simple combination between keywords. Therefore, it is going to permit much more efficient information retrieval because of solving problem about existent query form, and generating query that user's query intention is reflected more correctly.

• The Transactions of The Korean Institute of Electrical Engineers
• /
• v.58 no.3
• /
• pp.437-443
• /
• 2009

In recent years, electric power systems have been experiencing a rapid change due to the increasing electricity market. For the effective use of power system under the deregulated environment, it is important to make a fast and accurate calculation of the maximum available transfer capability (ATC) from a supply point to a demand point. In this paper, the purpose of this research is to calculate ATC fast and accurately for securing the stability of system and raising the efficiency as a result of anticipating transmission congestion according to transmission open access progressed in the future under the regulated environment of electricity market. In this paper, a study utilized a relation of the potential energy and energy function by which calculated CCT and then utilized a relation of PEBS for transient stability ATC calculation. In this paper, ATC was calculated as RPF and Energy Function method and calculation results of each method was compared. Contingence ranking method decided the weak bus by the Eigenvalues of Jacobian matrix and overloading branches by PI-index. As a result, a study proved the fast and accurate ATC calculation method considering transient stability suggested in this paper. Through the case study using New England 39 bus system, it is confirmed that the proposed method can be used for real time operation and the planning of electric market.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
• /
• v.46
• /
• pp.159-177
• /
• 2010

This work intends to study some problems in relation to the issuance of letters of credit. Those problems are the delay of issuing letters of credit, the reissuing letters of credit, and the issuing letters of credit in the third party's name. Sellers and buyers must keep in mind that the supply of letter of credit by buyer is the condition precedent for a seller's shipment obligation. A seller has no obligation to ship the goods until he receives the letter of credit by buyer's bank, issuing bank. An issuing bank can have the risk that an original letter of credit and a reissued letter of credit can be used double in the exporting country. The most safe method for issuing bank is to cancel the original letter of credit and to reissue a new letter of credit. When an issuing bank issues a letter of credit in the third party's name, the bank should investigate the background of the transaction and give the buyer a proper line of credit.

• Journal of Distribution Science
• /
• v.15 no.1
• /
• pp.51-56
• /
• 2017

Purpose - The study verified the effects of consumers' knowledge perception upon word-of-mouth intention and purchase intention of consumers who were exposed to a lot of information, and examined consumer's behavior from multi-dimensional points of view. Research design, data, and methodology - The study conducted the test of difference between consumer's cognition on importance and satisfaction of HMR product by gap of HMR (Home Meal Replacement) product for IPA analysis. The consumer's reliability and words-of-mouth were measured by the questionnaire method with 4 questions according to Likert 7-point scale. Conversion into z-score removed the difference of variables. Results - The causal relation model for importance, satisfaction and gap, not relying upon multi-dimensional scaling and others, could construct causal relation model to give implications. Difference (d) of the products could lessen consumer's reliability to increase consumer's knowledge perception, word-of-mouth intention, knowledge perception, and purchase intention. Therefore, enterprises should make an effort to lessen consumers' complaint for the products and to elevate consumers' reliability. Enterprises also try to give consumers exact information and to promote purchase intention. Conclusions - Difference (d) of consumers' complaint and/or disappointment decreased consumers' reliability to increase knowledge perception. Enterprises should supply consumers with products according to their requirements to minimize the gap and to give them proper information.

• Journal of the Korean Institute of Rural Architecture
• /
• v.11 no.4
• /
• pp.43-50
• /
• 2009

Since then where the public housing comes in into Korea many there was development and change. The Mapo apartment in Seoul which is built at 1962 is the first apartment and case of Jeollabuk-do before being built at 1978, the Dongyang apartment Jeongju is the beginning. Before the residential supply ratio which gives already passes over 100% and of 80% or more of the house which is supplied is composed with the public housing. Therefore the expansion which is quantitative increased enough and also the degree of satisfaction improved about the people who lives in the house. From the research which sees consequently currently in the object satisfaction under investigating boil the specialists who from the small and medium-sized town and city have a many experience from construction field about the house. The result in future there is the goal provides the fundamental data which the quality of the house presents the direction which will advance about the public housing with base and improves.

• Water for future
• /
• v.10 no.1
• /
• pp.20-24
• /
• 1977

43,000 shallow water wells have been installed as a part of all weather irrigation water supply project executed during 1969 to 1970 in all over Korea penninsula in order to solve water shortage problem of farming land by developing shallow ground water reserved in unconsolidated materials. But after 3 years later it was reported that 34% of the wells were abandoned by the reasons of artificial and natural defects. 48 wells distributed uniformly in the penninsula are selected to determine their well loss constants, relation between well loss and specific capacity, and tophographic classification of the well loss on the shallow water well. The results show that average well loss consatnt and the value of $CQ^2/S_w$ is ranged from $5.95{\times}10^{-5}\;to\;3.65{\times}10^{-8}Day^2M^{-5}$ and from 35.5% to maximum 68.48% respectvely and that relation between specific capacity and well loss constant can be approximately formulated as $C=0.61S_p2.246$ However this result indicates that most wells installed in this time have too high value of well loss constant $CQ^2/S_w$ in comparison with properly deseigned well. The most favorable and producable water bearing formation among unconsolidated deposits such as sand & gravel, boulderly gravel, clayey boulderly gravel, and sand formation in Korea is sand formation deposited in center of valley.

• Environmental and Resource Economics Review
• /
• v.15 no.1
• /
• pp.51-69
• /
• 2006

This paper analyze the degree of competitiveness of the refining industry after price liberalization. We use two well-known methods: the first is Bresnahan (1982) and Lau (1982) method that estimates a structural model consisting of a demand relation and supply relation and the second is Panzar and Rosse (1987) method that estimates non structural model of the sum of elasticities of gross revenue with respect to input prices. Results from two models show mixed sign, however, our results indicate that price liberalization improved the degree of competitiveness.

• Korean Institute of Interior Design Journal
• /
• v.19 no.1
• /
• pp.208-216
• /
• 2010

The design hotel where new life styles of users were created and the exchange of one's identity and the culture was executed was employed the interaction design which considered the attendance and experience of users as the important motives. This study is to discuss on the relationship between the design hotel and interaction design, and to compare and analyze the differences in the expression methods of them. It was concluded that the design hotel had a close relation with the properties of information supply, amusements, narrative, personalization, and social exchange in the interaction design, and it mainly used the digital media of non-material, the juxtaposition of strangeness, the change of structure, substitution of values, appropriation of hybrid as a means of its expression. In addition, it was revealed that the properties above did not simply apply to an open space but were connected as a dominant-subordinate relationship into one subject. It is expected that the field of interaction design in the design hotel will be expanded due to the spread of digital technology and its role and importance will be increased. Therefore, it is thought that the study to provide the development of a variety of contents of design hotel should be kept through the study of organic relation between different subjects, avoiding the indiscriminate use of the contents.

• Korean Journal of Soil Science and Fertilizer
• /
• v.44 no.4
• /
• pp.551-558
• /
• 2011

The aim of this study was to know whether leaf nitrate can be a substitute of total leaf N to justify plant N status and how nitrate influences macro elements uptake and physiological parameters of tomato plants under different nitrogen levels. Leaf nitrate content decreased in low N, while showed similar value with the control in high N, ranging from 55 to $70mg\;g^{-1}$. Differences in nitrate supply led to nitrate-dependent increases in macro elements, particularly cations, while gradual decrease in P. Physiological parameters, photosynthesis rates and antioxidants, greatly responded in N deficient conditions rather than high N, which didn't show any significant differences compared the control. Considering nitrogen forms and physiological parameters, total-N in tomato plants represented positive relation with growth (shoot dry weight), nitrate and $CO_2$ assimilation, whereas negative relation with lipid peroxidation.