• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.19 no.9
• /
• pp.446-453
• /
• 2018

This study analyzed the effect of related party transactions on the corporate value of Korean firms using panel data regression analysis. We tested the efficient transaction hypothesis and conflict of interests hypothesis which concern related party transactions. Five types of related party transactions were considered, including long term supply contracts, assets and business transfers, affiliate loans, equity investment, and credit offerings. If related party transactions were conducted for the purpose of enhancing corporate efficiency, results would have a positive effect on firm value. If related party transactions were conducted for the purpose of private profits of the controlling shareholders, the results would show a negative effect on firm value. Results were as follows. Firstly, it is confirmed that affiliate loans, equity investment, and credit offerings had negative effects on firm value. This implies that these types of related party transactions used by controlling shareholders for the purpose of their private profit, which supports the conflict of interests hypothesis. Secondly, it was found that long term supply contracts and assets and business transfers had no effect on firm value.

• Proceedings of the Korean Geotechical Society Conference
• /
• 1991.10a
• /
• pp.108-122
• /
• 1991

For the tunnel pattern of PD-3, a numerical analysis using the FEM program, MrSoil, was conducted with given geotechnical properties of surrounding rockmasses to verify the analysis results by comparing with other programs. The analyzed domain was extended to the far enough distance from the excavation surface to avoid the restrained effect by the boundary condition, and the construction sequence was employed in the analysis as calculation steps to simulate the time dependent 3 dimentional behavior of surrounding ground due to tunneling. Maximum 35 mm of the tunnel crown settlement and about 13 mm of the surface settlement were computed and the amount of settlement may not give any structural damage on the concrete structures on the ground surface. The shotcrete stress of 84 kg/cm2 and the rockbolt axial force of 9 ton as a maximum are within the allowable limit. The plastic zone was restricted near the excavation surface, but forepoling around the crown may be required to prevent rock falling. It is believed that the tunnel is designed reasonablely from the economical and safety points of view.

• Journal of KIISE:Information Networking
• /
• v.31 no.6
• /
• pp.620-632
• /
• 2004

IP is not suitable for mobile nodes by network-based routing because mobile nodes are dynamically change their network attachment point. Mobile-IP is an IETF standard providing continuous access to the Internet for mobile nodes, but it has the triangle routing problem. Also it has a performance degradation problem by massive packet loss during layer 3 handoff of mobile nodes. Especially, two IETF multicast support schemes for Mobile-IP do not guarantee the quality of realtime multimedia services because they have several problems such as long routing path, packet duplication(hi-directional tunneling) and massive packet loss(remote subscription). In this paper, we propose a lossless remote subscription scheme that guarantees the quality of realtime multimedia services over Mobile-IP. From the result of simulation, we verified that the proposed scheme in this paper can reduce the delay time of remote subscription by the effect of the low latency handoff scheme that is extended to apply to the multicast group management and it requires only 0.58% buffer spaces of the previously proposed lossless remote subscription scheme.

• Journal of Korean Tunnelling and Underground Space Association
• /
• v.6 no.4
• /
• pp.345-356
• /
• 2004

Open-cut method has been widely used to construct underground structures, but it causes several problems such as traffic congestion and public resentment resulting from severe construction noise and ground settlement. In many cases, it is very difficult to build underground structures safely due to the unknown locations of buried facilities such as water pipes, drainage pipes, gas pipes and high-pressure cable conduits etc. Also in open-cut method, moving buried facilities causes additional cost and extension of construction period. Therefore, this paper is to present a case study in which Tubular Roof construction Method (T.R.c.M.), a newly developed construction method for underground structures using slab steel pipes and PC wall trench, is applied for the construction of a subway tunnel in Seoul. As a result, it is found that T.R.c.M. is a construction method by which tunnels can be constructed safely without any effect on the surrounding environment and traffic flow due to the minimized construction vibration and noise.

• Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
• /
• 2006.11a
• /
• pp.67-68
• /
• 2006

Floating gate non-volatile memory devices with Au nano-particles embedded in SiON or $SiO_2$ dielectrics were fabricated by digital sputtering method. The size and the density of Au are 4nm and $2{\times}10^{-12}cm^{-2}$, respectively. The floating gate memory of MOSFET with 5nm tunnel oxide and 45nm control oxide have been fabricated. This devices revealed a memory effect which due to proGrainming and erasing works perform by a gate bias stress repeatedly.

• Proceedings of the KIEE Conference
• /
• 1998.11c
• /
• pp.795-797
• /
• 1998

A $BaTiO_3$, ferroelectric material, was mixed $SrTiO_3$, $(x)BaTiO_3-(1-x)SrTiO_3$($0.7{\leq}x{\leq}1$) ceramic capacitor with stable electrical properties in high voltage was fabricated. And microstructure, electrical property were investigated with $SrTiO_3$ mol ratio. The shrinkage, open porosity, sintering density were predominated at $9BaTiO_3-0.1SrTiO_3$. Increasing $SrTiO_3$ mol ratio, curie temperature was shifted at low temperature and maximum permittivity was increased. Also, $0.9BaTiO_3-0.1SrTiO_3$ was showed stable dielectric properties at $25{\sim}80[^{\circ}C]$. V-I properties of specimen were observed in the temperature range of $21{\sim}143[^{\circ}C]$, were divided into three regions. The region I below 10[kV/cm] was shown Ohmic conduction, the region II from 10 to 30[kV/cm] was explained by the Poole-Frenkel emission theory and the region III above 30[kV/cm] was analysed by the tunneling effect.

• Proceedings of the Korean Geotechical Society Conference
• /
• 2008.03a
• /
• pp.766-777
• /
• 2008

Currently in increasing number of urban tunnels with small overburden are excavated according to the principle of the New Austrian Tunneling Method (NATM). Successful design, construction and maintenance of NATM tunnel demands prediction, control and monitoring of ground displacement and support stress high accuracy. A magnetic anisotropy sensor is used for nondestructive measurement of stress on surfaces of a ferromagnetic material, such as steel. The sensor is built on the principle of the magneto-strictive effect in which changes in magnetic permeability due to deformation of a ferromagnetic material is measured in a nondestructive manner, which then can be translated into the absolute values of stresses existing on the surface of the material. This technique was applied to measure stresses of H-beams, used as tunnel support structures, to confirm expected measurement accuracy with reading error of about 10 to 20 MPa, which was confirmed by monitoring strains released during cutting tests The results show that this method could be one of the promising technologies for non-destructive stress measurement for safe construction and maintenance of underground rock structures encountered in civil and mining engineering.

• Proceedings of the Korean Geotechical Society Conference
• /
• 2010.03a
• /
• pp.1392-1397
• /
• 2010

Currently in increasing number of urban tunnels with small overburden are excavated according to the principle of the New Austrian Tunneling Method(NATM). Successful design, construction and maintenance of NATM tunnel demands prediction, control and monitoring of ground displacement and support stress high accuracy. A magnetic anisotropy sensor is used for non-destructive measurement of stress on surfaces of a ferromagnetic material, such as steel. The sensor is built on the principle of the magneto-strictive effect in which changes in magnetic permeability due to deformation of a ferromagnetic material is measured in a non-destructive manner, which then can be translated into the absolute values of stresses existing on the surface of the material. This technique was applied to measure stresses of H-beams, used as tunnel support structures, to confirm expected measurement accuracy with reading error of about 10 to 20MPa, which was confirmed by monitoring strains released during cutting tests The results show that this method could be one of the promising technologies for non-destructive stress measurement for safe construction and maintenance of underground rock structures encountered in civil and mining engineering.

• Proceedings of the Korean Geotechical Society Conference
• /
• 2005.03a
• /
• pp.401-408
• /
• 2005

Recently shield TBM tunnellings are being applied to subway construction in Korean cities. Generally these kinds of tunnellings have the problems in the stability of ground such as subsidence because urban subway is constructed in the shallow depth. A sinkhole occurred on the road just above the tunnel during tunneling in Kwangju, so a survey for upper layer of the tunnel was needed. But conventional Ground Probing Radar can't be applicable due to the presence of steel-mesh screen in the shield segment, so no existent geophysical method is applicable in this site. Because the outer surface of each shield segment is electrically insulated, dipole-dipole resistivity method which is popular in engineering site investigation, was tried to this survey for the first time. Specially manufactured flexible ring-type electrodes were installed into the grouting holes at an interval of 2.4 m on the ceiling. The K-Ohm II system which has been developed by KIGAM and tested successfully in many sites, was used in this site. The system consists of 1000Volt-1Ampere constant-current transmitter, optically isolated 24 bit sigma-delta A/D conversion receiver - maximum 12 channel simultaneous measurements, and graphical automatic acquisition software for easy data quality check in real time. Borehole camera logging with circular white LED lighting was also done to investigate the state of the layer. Measured resistivity data lack of some stations due to failing opening lids of holes, shows general high-low trend well. The dipole-dipole resistivity inversion results discriminate (1) one approximately 4 meter diameter cavity (grouted but incompletely hardened, so low resistivity - less than $30{\Omega}m$), (2) weak zone (100-200${\Omega}m$), and (3) hard zone (high resistivity - more than 1000${\Omega}m$) very well for the distance of 320 meters. The 2-D inversion neglects slight absolute 3-D effect, but we can get satisfactory and useful information. Acquired resistivity section and video tapes by borehole camera logging will be reserved and reused if some problem occurs in this site in the future.

• Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
• /
• 2003.07b
• /
• pp.1070-1073
• /
• 2003

We have studied the characteristics of organic light-emitting diodes(OLEDs) with the PTFE buffer layer. The OLEDs have been based on the molecular compounds, N,N'-diphenyl-N,N'-bis (3-methylphenyl)-1, 1'- biphenyl-4, 4'-diamine (TPD) as a hole transport, tris(8-hydroxyquinolinoline) aluminum (III) ($Alq_3$) as an electron transport and the Polytetrafluoroethylene (PTFE) as a buffer layer. The devices of structure were fabricated ITO/PTFE/TPD(40nm)/$Alq_3$(60nm)/Al( 150nm) to see the effects of the PTFE buffer layer in organic EL devices. The thickness of the PTFE layer varied from 0.5 to 10[nm]. We were measured Current-Voltage-Luminance Characteristics and Luminance efficiency due to the variation of PTFE thickness. the PTFE layer was reported that helped to enhance the hole tunneling injection and effectively impede induim diffusion from the ITO electrode. We have obtained an improvement of luminance efficiency when the PTFE thickness is 0.5[nm] is used. The improvement of efficiency of is expected due to a function of hole-blocking of PTFE in OLEDs.