• Asia-Pacific Journal of Business
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• v.12 no.1
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• pp.57-69
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• 2021

Purpose - The purpose of this study is to investigate the effect of macroeconomic conditions on the relationship between CSR and firm value. Design/methodology/approach - Employing KEJI index as a proxy for a firm's CSR activities, we investigate whether investors discount the value of CSR activity during the economic recession when a firm's bankruptcy risk is high and thus its future sustainability is suspected. Findings - Our empirical result represents that the value of a firm with high CSR score is undervalued during recession, reflecting investors doubt the sustainability of a firm whose CSR score is high when overall economy is exposed to high downside risk. Research implications or Originality - It implies that investors may not regard the CSR activities as an indicator of corporate sustainability. Also, the result represents that stable macroeconomic condition can be one of the important factors to make the CSR activity increase a firm's value.

• Fisheries and Aquatic Sciences
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• v.25 no.2
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• pp.101-116
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• 2022

The harvesting season of lompa fish, Thryssa baelama, through sasi, indigenous knowledge in resources management, in Haruku Village has become a socio-cultural event that attracts many people. The sasi of lompa fish has been conducted for hundreds of years. Information on the bioecology aspect of lompa fish is limited, while this information is crucial for lompa fish sustainability through the sasi approach. This study aimed to investigate some population parameters of lompa fish, its sustainability status, and proposed a sustainable management strategy for the lompa fishery of Haruku Village. Fish population parameter covers length-weight relationship, growth pattern, size distribution, sex ratio, and the body condition index. The sustainability status was assessed following the Rapfish approach. Fisheries management strategy was performed using a conceptual model framework based on Driver Pressure State Impact Response. The research shows that the total length varies between 9.2-14.3 cm. A high relationship was found between total length and weight, and the growth pattern was an allometric negative. There was a difference in sex ratio between males and females, with females dominant. The body condition index varies over time, probably due to reproductive status. The overall sustainability status was at fair condition (61.60%), with the ecological domain having the highest sustainable status (71.07%) and considered sustain. In comparison, the technological domain had the lowest sustainability status (52.58%) and was considered fair sustain. There were seven management strategies proposed for sustainable management for the lompa fishery.

• Korean Journal of Environment and Ecology
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• v.28 no.4
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• pp.472-483
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• 2014

Major cities have strengthened their efforts to improve the environmental function of the urban forest through aspects of quantity and quality. Yet, it is difficult to propose both long-term improvement and management policy direction continuously due to a lack of evaluating method that social needs could be reflected. After all, effective strengthening of the function of an urban forest, composed of social and biotic environments, is essential to create evaluation criteria. Such data reflects a quantity variation and identifies the distribution and habitation of biotic sources as well. An assessment of utilization possibilities presents such values as a green connectivity, an ecological healthiness, and usage and access opportunities. Consequently, this research was executed to create an urban forest sustainability index that proposes a management and policy direction based on the evaluation of quantity and quality aspects. This study was processed by the following steps: a degree of importance of ecological aspect, a sub-classification index choice, and an examination of adequacy. This research was conducted from premises that urban forest had another functions comparisons to a natural forest. As a result, a criteria of sustainability should be considered to evaluate an ecological aspect, as well as the social and management aspects regarding human disturbance. This research is designed to develop an evaluation index for ecological aspect. In order to evaluate the ecological healthiness of an urban forest, a vegetation index considers aspects of related rarity, damage possibility, naturalness, area, and diversity. In a wildbird index-related study, forest duration and area were selected. Finally, a variance analysis is presented, inclusive of stability, naturalness, diversity, potentiality, and possibility of wildlife inhabitation, which is indicative of an urban forest sustainability index.

• The Korean Journal of Archival Studies
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• no.48
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• pp.45-92
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• 2016

Corporations report their economical, environmental, social influences and achievements through sustainability reports. Apart from the financial reports, which are subject to legal restrictions, sustainability reports inform non financial achievements of a corporation, thus the reliability of the information is solely dependent on the corporation itself. The current sustainability reports are of types that cannot include proof or source of the index data, thus they are tended to be regarded as means of publicity. The reliability of the reports is often questioned. This research applied the concept of Evidence-Based Accountability, which will allow the confirmation of accountability through records including contents and context of the tasks. Evidence-Based Accountability means producing and accumulating witness records of actions, then managing the records as usable information and use them as accountability information. Index data from sustainability reports of domestic corporations and web based reports of Vodafone was reviewed. Measures to link task records as proof of index data was studied. To make this possible, record production and acquisition system was redesigned in order to secure required records as evidence. Linked build-up of SR system and RMS was proposed. The proposed system will allow collection and management of records as SR accountability information, and provide the data when necessary. Also, corporate infrastructure was proposed. This infrastructure will build a professional records management system in stages, through organizational system and regulations. Cooperation of staff in this infrastructure will support reliable corporate accountability.

• Journal of the Korean Institute of Landscape Architecture
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• v.27 no.4
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• pp.1-12
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• 1999

This study aims to find basic data for using the quantitative assessment of the sustainability and establishing the systematic index of the planning for local cities to consider the environmentally sound and sustainable development. The research designs to review professional responding to surveys preceded by separate questionnaires and interviews from book reviews, and suggests to make an assessment model of the sustainability for local cities. The research found consequently as follows. Firstly, the research survey items were decides totally 52, grouped 9 assessmental issues and distributed under 4 assessmental domains for the sustainability from the references of book reviews. Secondly, the research result concentrated on the followings from the professional responding to surveys. 1. A most influent factor is the distribution of animals and plants in a nature domain. The next influent factors are the ratio of mass-transportation systems, the numbers of the species of animals and plants, the acreage of conservative forestry, the numbers of reused water resources, and the usage number of water supply, orderly in the nature domain. 2. A most influent factor is the usage number of synthetic detergents in a pollution domain. The next influent factors are the volume of waste water, the number of registered vehicles, the degree of soil pollution, and the charge of development imposition, orderly in the pollution domain. 3. A most influent factor is the acreage of athletic facilities, in an urban domain. the next influent factors are the acreage of recreational facilities, the number and acreage of cultural assets, the number of cultural facilities, the acreage of landscape conservation area, the charge of cultural asset management, orderly in the urban domain. 4. A most influent factor is the number of waste disposal facilities in a participation domain. The next influent factors are the capacity of reused waste, the usage of synthetic detergents, the ratio of waste water disposal, orderly in the participation domain. 5. A most contributed influent domain to the assessment of the sustainability for local cities is the urban domain. The next influent domains are nature domain, participation domain, and pollution domain, orderly in the contribution of the assessment of the sustainability. But, the pollution domain is little relationship with the sustainability. Therefore, it is clear that the abundant greens and the improved level of culture are dominant influences on the sustainabiligy, as like improving the ratio of roadside trees, the acreage of parks, and enlarging the number of cultural facilities.

• Journal of Environmental Impact Assessment
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• v.31 no.1
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• pp.47-62
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• 2022

Wind power has been rapidly growing over last decade in the world as well as in South Korea as a feasible renewable energy source. Providing sustainable energy to all while securing environmental sustainability requires evidence based policy making and innovative solutions. Through analysis of 58 cases of South Korean Environmental Impact Assessment (EIA) Report, this paper seeks to identify answers to the following two questions. What are the key characteristics for inland windfarm? Is there a way of measuring environmental sustainability to compare each location to reduce negative environmental impact? Variables related to environmental sustainability of each windfarm case were collected from EIA report and the factor analysis of environmental variables was conducted to calculate the weight for each variable to build environmental sustainability index (ESI) to provide as evidence-based tools for decision making on the location of inland windfarm. 58 cases were categorized as three types 1) Mountain type 2) Ranch Type and 3) Coastal Type depending on their height and degree of naturalness. For analytical research, first, it was successfully calculated environmental sustainability of each windfarm case ranging from 1.04 (#33, Ranch type) to -1.44 (#55, Mountain type). Second, the analysis results showed that ranch type is most environmentally sustainable (Average ESI = 0.4551), followed by coastal type (Ave ESI = 0.3712) and lastly mountain type (Average ESI = -0.3457). These findings are consistent with the previous researches on inland windfarms and provides substantive policy implication on the renewable energy policies.

• Journal of Korean Society on Water Environment
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• v.26 no.3
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• pp.439-445
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• 2010

An emergy analysis of the main energy flows driving the economy of humans and life support systems consists of environmental energies, fuels, and imports, all expressed as solar emjoules. Total emergy use (371 E20 sej/yr) of the Western Nakdong River Basin is 97 per cent from imported sources, fuels and goods and services. Emergy flows from the environment such as rain and geological uplift flux accounted for only 2.9 percent of total emergy use. Emergy yield ratio and environment loading ratio were 1.03 and 33.27, respectively. Emergy sustainability index, a ratio of emergy yield ratio to environment loading ratio, is therefore less than one, which is indicative of highly developed consumer oriented economies. It is necessary for an efficient management of Western Nakdong River Basin to reduce pollution load basically and to restructure economic activities into an environmental friendly industrial structure depending on renewable energy and resources.

• Journal of Korea Water Resources Association
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• v.40 no.12
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• pp.969-983
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• 2007

This study developed a ten-step procedure of integrated watershed management (IWM) for sustainability to rehabilitate the distorted hydrologic cycle and identified spatial hazard ranking(step 2). Spatial hazard indices, Potential flood damage (PFD), potential streamflow depletion (PSD), potential water quality deterioration (PWQD), and watershed evaluation index (WEI) were developed using multi-criteria decision making (MCDM) techniques and sustainability evaluation concept(pressure-state-response model). The used MCDM techniques are composite programming, compromise programing, Regime method, and EVAMIX approach which are classified by data availability and objectives (prefeasibility and feasibility).

• Asia Pacific Journal of Business Review
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• v.1 no.1
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• pp.56-66
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• 2016

This paper analyzes the impact of CSR on the capital market in Korea. Using listed firm data, we found that the creation of a sustainability report that indirectly measures the level of CSR can bring the stock rate of return difference of the capital markets representative market index. First, when a firm that publishes a sustainability report was compared in terms of its market rate of return, it showed a return increase of about 2%. We found that higher returns were gained through the competitive advantage of related business when the firm was actively involved in social responsibility. Second, subdivided by industry, firms belonging to the capital goods industry were found to reach a rate of return higher than that of industry. These firms were noticeable in that they were mainly industries that caused environmental pollution. Third, in an additional analysis, foreign investors were given the sustainability report of financial businesses, which was interpreted as a result of industrial properties. A sustainability report is a comprehensive report on the economic, environmental, and social activities of a firm. Firms must learn that they can gain trust through publishing trustworthy reports while achieving the lasting power of growth from the stakeholders.

• Proceedings of the Korea Water Resources Association Conference
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• 2005.05b
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• pp.507-511
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• 2005

본 연구에서는 수자원 지속가능성 지수(WRSI)를 금강유역에 적용하여 소유역별 수자원 지속가능성을 평가하였다. WRSI의 적용을 위하여 금강유역을 주요 계측지점의 위치와 자료수집의 용이성을 고려하여 27개의 소유역으로 분할하였다. WRSI 산정의 효율성과 정확성을 확보하기 위하여 소유역별 사회, 경제, 환경과 관련된 통계자료에 대한 GIS 주제도를 구축하였다. WRSI를 구성하는 지표들의 표준화는 적정확률분포형을 적합도 검정을 실시한 후 초과확률을 산정하는 방법을 적용하였다. WRSI를 이용하여 금강유역의 소유역별 수자원 지속가능성 지수를 산정한 결과, 금강유역의 소유역별 수자원 지속가능성 지수는 하류에 위치한 유역들보다 상류에 위치한 유역들이 큰 값을 나타냈다. 수자원 지속가능성 지수의 지표들간의 상관관계를 분석하기 위하여 상관분석을 실시한 결과, 사회적 공평성 세부지수를 구성하는 지표들과 유지관리 능력 세부지수를 구성하는 지표들간의 상관성이 높은 결과를 나타냈다.