• The Journal of Information Systems
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• v.10 no.1
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• pp.27-50
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• 2001

The purpose of this study was to examine some of the most important factors for the development of information systems with today's fast-paced, ever-changing, and exciting information system environment. Especially, it was focused to investigate current information technology related to develop information systems, to find some important problems during the development process, and to suggest solutions for the problems. Case research methodology was used because a natural setting was needed and a focus was on contemporary events for this study. Similarly, research phenomena was not supported by a strong theoretical base. The case was the development of an integrated information systems in a specific university. Multiple-case designs were desirable, but single-case study was used because of limitations of site selection. Multiple data collection methods were employed in this study such as documentation, interviews, and direct observation. Some major problems were found during the system development. First, the schedule to complete a project was delayed over six months. Second, the system did not ensure to align organizational goals and information systems goals based on BPR (Business Process Reengineering). Third, there was a difficulty in evaluating request for proposal (RPR) returns and choosing a vendor. Finally, information technology is changing too fast. So, it was very difficult to get the transparency of new technology The study has suggested a few solutions: top management support, matching If planning with business planning, complete project plan and control, user participation, and training Finally, joint application development (JAD) is strongly recommended, which is a workshop that unites management, IT specialists, and knowledge workers to define and specify the logical requirements and technical alternatives for a proposed system.

• Korean Journal of Construction Engineering and Management
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• v.3 no.2 s.10
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• pp.114-120
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• 2002

Traditional bidding process and activities in public construction area has many problems in terms of the transparency and fairness of administration. And, it causes many expenses to suppliers. As part of the efforts to solve these problems, some public institutions developed the electronic bidding systems. But these systems have still problems in diverse aspects. Therefore, the purpose of this study is to analyze current bidding systems through literature survey, Questionnaire, contentment estimation and IDEF method to compare the result of the analysis with the developed electronic bidding systems and to suggest the improvement for the coming bidding systems. According to the survey, under present bidding system big problem is inconvenience of conducting process. Nearly all users of current electronic bidding systems were contented. When public institutions are planning new electronic bidding systems, standardization, security, law and bidding system consolidation must be applied. This study proposes an improved bidding system and described the effects through the improvements.

• Information Systems Review
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• v.22 no.1
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• pp.125-146
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• 2020

With the penetration of the Internet and e-commerce, a 'crowdfunding' has emerged as a new way of financing. Crowdfunding has the advantage for a person to able to a simple way to finance her/his an innovative product or service from crowd. However, the success rate for crowdfunding projects is less than half. In this study, we introduce social exchange theory to explore the impact of trust and perceived psychological risk on the intention to participate in a crowdfunding website. Different from previous studies that have focused on a crowdfunding creator, we consider two different perspectives of a project creator and a project supporter. In addition, we compare perceptions of crowdfunding in different cultural contexts by conducting survey in two different countries Korea and Austria. Result shows that trust in recommendation and trust in website have different impacts on the intention to participate from two different perspectives. It also shows that perception of the quality and transparency of information provided by crowdfunding website has greater impact on trust in Korea than that in Austria. In case of perception of psychological risk, it has a negative impact on Austria's intention to create or support a project. On the other hand, it has relatively small impact on the intention to support and does not affect the intention to create a project in Korea.

• The Journal of Asian Finance, Economics and Business
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• v.4 no.3
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• pp.5-17
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• 2017

This study extends research into whether disclosure of corporate and financial information is associated with firms' costs of equity capital. This study sets out to examine empirically the determinants of corporate disclosure in the annual reports of 37 largest and most liquid firms listed on Kazakhstan Stock Exchange (KASE) in Kazakhstan. It also reports the results of the association between company-specific characteristics and disclosure of the sample companies. Based on the analysis of existing empirical research, the disclosure index has been constructed and regression analysis of the influence of the disclosure index on the cost of equity capital has been conducted. The obtained results show that the received findings correlate with foreign empirical studies, and the disclosure index in this sample has a negative impact on the cost of equity capital. Using cost of equity capital estimates derived from capital asset pricing model, we find that firms with higher levels of financial transparency are associated with significantly lower costs of equity capital. Economic theory assumes that by increasing the level of corporate reporting, firms not only increase their stock market liquidity, but also decrease the investors' estimation risk, arising from uncertainty about future returns and payout distributions. The results show that firms on the Kazakhstan market can reduce their cost of equity capital by increasing the level of their voluntary corporate disclosures.

• The Journal of Fisheries Business Administration
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• v.29 no.1
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• pp.65-88
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• 1998

The sustainable reduction of the fisheries resource is keenly raised an urgent problem of the fisheries policy in Korea, China and Japan. Then, 3 country, Korea, Japan, China, have established various system for fisheries resource management. Among these systems, qualitative fishing regulations have been commonly established. For example, its have been enforced to the prohibited fishing region, fishing period, fish size, net size, specified fishing methods. Also, different fisheries resource management policies have occasionally enforced by each country. For example, the prohibition of free sale and free possession has been established in Korea and Japan, but not China. And, In Korea, It has been enforced uniquely to entry system far fishing license number ana sea farming project for coastal fishing grounds by national government. The entry system for fishing license number has been enforced in Japan too, not national government, but local government. Nevertheless these three countries have put good system for fisheries resource management above mentioned, real enforcement has been not operated well. For efficient management on same fisheries, next problem will have been solved. First, it has to be guaranteed to transparency on the fisheries management, which is considered the priority problem on the fishing regulation. For reason, although efficient system is established in each country, if feasibility of the system was not trusted, mutual effort like that is very difficult to gain desired results. Then, each country has to establish transparency on the fisheries statistics and administration. Second, it has to be adjusting on the criteria or level of fisheries resource management. Now Korea, Japan and China have different criteria or level of fisheries resource management, for, example, prohibited fish size and prohibited fishing net sine. To solve above problems, three countries need to deeply discuss together. Then fisheries resource co-management scheme should be established in same fishing ground.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.42 no.3
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• pp.206-216
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• 2019

The present study identified several antecedents that create perceived resistance to supply chain management (SCM) change. This work particularly emphasizes SCM change, which is notable given its central role in reacting market orientation and varied environmental and managerial conditions. A careful case study on a small and medium sized food production company in South Korea leads to the formulation of our framework including one second-order construct of 'resistance' as well as eight first-order constructs of 'implementing the payment terms', 'balancing of business process', 'fear of responsibility', 'business sustainability transparency', 'past experience of failure', 'competence of work personnel', 'cooperation with third parties' and 'sharing personnel information with partner'. The hypothesized relation of first- and second-order construct was validated using survey sample data collected from 350 respondents who completed their questionnaire instrument. Results from confirmatory factor analysis revealed that nomological validity was established at statistical significance level by identifying six first order constructs of 'implementing the payment terms', 'fear of responsibility', 'business sustainability transparency', 'past experience of failure', a conbined construct of 'competence of work personnel/cooperation with third parties' and 'sharing personnel information with partner'. The findings from our work are expected to provide important insights to the strategy for SCM risk management for small and medium sized company.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.45 no.2
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• pp.65-76
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• 2022

Recently, not only traditional statistical techniques but also machine learning algorithms have been used to make more accurate bankruptcy predictions. But the insolvency rate of companies dealing with financial institutions is very low, resulting in a data imbalance problem. In particular, since data imbalance negatively affects the performance of artificial intelligence models, it is necessary to first perform the data imbalance process. In additional, as artificial intelligence algorithms are advanced for precise decision-making, regulatory pressure related to securing transparency of Artificial Intelligence models is gradually increasing, such as mandating the installation of explanation functions for Artificial Intelligence models. Therefore, this study aims to present guidelines for eXplainable Artificial Intelligence-based corporate bankruptcy prediction methodology applying SMOTE techniques and LIME algorithms to solve a data imbalance problem and model transparency problem in predicting corporate bankruptcy. The implications of this study are as follows. First, it was confirmed that SMOTE can effectively solve the data imbalance issue, a problem that can be easily overlooked in predicting corporate bankruptcy. Second, through the LIME algorithm, the basis for predicting bankruptcy of the machine learning model was visualized, and derive improvement priorities of financial variables that increase the possibility of bankruptcy of companies. Third, the scope of application of the algorithm in future research was expanded by confirming the possibility of using SMOTE and LIME through case application.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.18 no.9
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• pp.2692-2716
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• 2024

Over the past decade, law enforcement organizations have been dealing with the development of cybercrime. To address this growing problem, law enforcement organizations apply various digital forensic (DF) tools and techniques to investigate crimes involving digital devices. This ensures that evidence is admissible in legal proceedings. Consequently, DF analysts may need to invest more in proprietary DF hardware and software to maintain the viability of the DF lab, which will burden budget-constrained organizations. As an alternative, the open source DF tool is considered a cost-saving option. However, the admissibility of digital evidence obtained from these tools has yet to be tested in courts, especially in Malaysia. Therefore, this study aimed to explore the admissibility of digital evidence obtained through open source DF tools. By reviewing the existing literature, the factors that affect the admissibility of the evidence produced by these tools in courts were identified. Further, based on the findings, a conceptual framework was developed to ensure the admissibility of the evidence so that it will be accepted in the court of law. This conceptual framework was formed to outline the factors affecting the admissibility of digital evidence from open source DF tools, which include; 1) The Availability and Capability of open source DF tools, 2) the Reliability and Integrity of the digital evidence obtained from open source DF tools, 3) the Transparency of the open source DF tools, and 4) the Lack of Reference and Standard of open source DF tools. This study provides valuable insights into the digital forensic field, and the conceptual framework can be used to integrate open source DF tools into digital forensic investigations.

• The Sea:JOURNAL OF THE KOREAN SOCIETY OF OCEANOGRAPHY
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• v.5 no.4
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• pp.363-373
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• 2000

To understand and investigate chemical characteristics of thermal environment in the southwestern Paciflc, we have measured hydrological and chemical parameters such as temperature, salinity, transparency, pH, nutrients and hydrogen sulfide (H$_2$S). Samples were collected with CTD-casting at 12 station, in Manus Basin including PACMANUS, DESMOS and Susu Knolls, Hydrothermal systems consist of circulation zones where seawater interacts with rock, thereby changing chemical and physical characteristics of both the seawater and the rock. The altered seawater, called hydrothermal fluid, is injected back into the ocean from the hydrothermal vent fields and forms hydrothermal plumes. Consequently, we detected hydrothermal plume with transparency and sulfide anomalies at PACMANUS and Susu Knolls. Sulfide, as geochemical tracer of hydrothermal plume, ranged 0-3.31 ${\mu}$M, and averaged 0.63 ${\mu}$M in the study area. The height, flux and activity of the plume are affected by circulations in the deep water and the spread of plume follows along the isopycnal surface. Therefore the observed H$_2$S anomaly can provide important clue for the source location and it appears that the targestsource in the PACMANUS is aligned in the north-south direction.

• Journal of the Korea Society of Computer and Information
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• v.29 no.7
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• pp.169-179
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• 2024

Currently, information technologies such as blockchain and metaverse are being innovatively developed in Korea and around the world. The government has defined the innovation of these cyber-related technologies as the fourth industrial revolution and presented the Digital New Deal as an important policy of the Korean version of the New Deal, and is implementing various policies and systems related to it. This situation is expected to affect the development of the real estate registration system in Korea. Moreover, as the Supreme Court is currently promoting the transition to a future registration system, it is necessary to examine whether blockchain technology, which allows parties to exchange value without a third party guaranteeing the transaction, can be used in the real estate registration system. In order to secure the credibility of the real estate registration as electronic information under the registration system that introduces electronic registration and blockchain system, the transparency of transaction identification and real estate registration details should also be recorded using the blockchain system as a way to prevent such crimes and legal disputes. As a solution, it is worth considering how to improve the reliability of transaction identification, recognize the actual examination rights of the registrar in the foundation system of the real estate register, and increase public trust by going through the notarization stage when recording rights such as real rights, and consider how to introduce a blockchain system at this stage to ensure integrity and reliability. In the stage before the current real estate registration and study system is converted to a blockchain system, the clarity, transparency, and consistency of the real estate registration entries with the actual real estate must be established so that the real estate study can finally be recognized as authoritative, thereby ensuring the trust of the transaction parties to the real estate study system that has adopted the blockchain system in the future, and bringing us closer to the goal of real estate transactions in the form of smart contracts between the parties who have trusted it based on transparency and integrity of real estate study in the real estate transaction market.