• The Journal of Asian Finance, Economics and Business
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• 제1권3호
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• pp.29-36
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• 2014

This paper attempts to measure the impact of non-financial factors including analyst practices and broker resources on performance of sell side research. Results reveal that these non-financial factors have a measurable impact on performance of target price forecasts. Number of pages written by an analyst (surrogate for analyst practice) is significantly and directly linked with target price accuracy indicating a more elaborate analyst produces better target price forecasts. Analyst compensation (surrogate for broker resource) is significantly and inversely linked with target price accuracy. Out performance by analysts working with lower paying firms is possibly associated with motivation to migrate to higher paying broking firms. The study finds that employing more number of analysts per research report has no significant impact on target price accuracy -negative coefficient indicates that team work may not result in better target price forecasts. Though insignificant, long term forecast horizon negatively affects target price accuracy while stock volatility improves target price accuracy.

• 유통과학연구
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• 제17권2호
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• pp.5-11
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• 2019

Purpose - This paper examines how corporate social responsibility of the Korean retail industry affects the degree of asymmetric information. Recent theories predict that a firm's active engagement in socially responsible activities lowers the degree of asymmetric information of the firm. Research design, data, and methodology - This paper uses the sum of environmental and social scores (ES), published by the Korean Corporate Governance Service in order to proxy the degree of socially responsible management practices of Korean retail firms. This paper uses the ordinary least square method to investigate the above predictions. The publicly traded Korea retail firms listed in the Korean Exchange are analyzed from 2011 to 2016. To measure the degree of asymmetric information, this paper adopts the analyst dispersion and price impact measures. Results - This paper shows that the ES score has significantly positive relationships with these two measures of information asymmetry. The environmental score seems to increase the analyst dispersion measure and the social score appears to raise the price impact measure mores significantly. Conclusions - The results do not support the prior theory expecting a negative relationship between corporate social responsibility and the degree of asymmetric information. Environmental and social scores are found to affect the measures of information asymmetry differently.

• World Technopolis Review
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• 제3권2호
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• pp.97-108
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• 2014

The importance of a science park as an instrument of economic development has been realized by developed economies for past three decades. To comprehend the same, developing economies are also planning and implementing science park ventures. However, in terms of planning, science parks are not objects of global consensus because unlike hotel and restaurant chains, which could be planned with similar standards in different regions or countries, there is no single global standard that can be best-fit for science parks. To meet the need for a better understanding of planning, this research studied science parks in developed and developing economies to identify factors that are globally used in this context. This research also extends our knowledge of best practices for growth, governance and sustainability in science parks, and highlights future trends and external factors that may contribute significantly during planning.

• 한국수자원학회:학술대회논문집
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• 한국수자원학회 2016년도 학술발표회
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• pp.188-188
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• 2016

The Mekong which is one of the world's most significant rivers plays an extremely important role to South East Asia. Lying across six riparian countries including China, Myanmar, Thailand, Laos, Cambodia and Vietnam and being a greatly biological and ecological diversity of fishes, the river supports a huge population who living along Mekong Basin River. Therefore, much attention has been focused on the giant Mekong Basin River, particularly, the soil erosion and sedimentation problems which rise critical impacts on irrigation, agriculture, navigation, fisheries and aquatic ecosystem. In fact, there have been many methods to calculate these problems; however, in the case of Mekong, the available data have significant limitations because of large area (about 795 00 km2) and a failure by management agencies to analyze and publish of developing countries in Mekong Basin River. As a result, the Universal Soil Loss Equation (USLE) model in a GIS (Geographic Information System) framework was applied in this study. The USLE factors contain the rainfall erosivity, soil erodibility, slope length, steepness, crop management and conservation practices which are represented by raster layers in GIS environment. In the final step, these factors were multiplied together to estimate the soil erosion rate in the study area by using spatial analyst tool in the ArcGIS 10.2 software. The spatial distribution of soil loss result will be used to support river basin management to find the subtainable management practices by showing the position and amount of soil erosion and sediment load in the dangerous areas during the selected 56- year period from 1952 to 2007.

• The Journal of Asian Finance, Economics and Business
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• 제6권1호
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• pp.21-31
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• 2019

This paper examines how corporate social responsibility is related to the degree of asymmetric information in the Korean financial market. Recent theory argues that there is a negative relationship between a firm's corporate social responsibility and its information asymmetry. To test this hypothesis, we use the environment, social and governance (ESG) score, published by the Korean Corporate Governance Service, to proxy a firm's management practices toward socially responsible activities. In the entire sample of the Korean firms, we find contrasting results; the ESG score shows negative relationships with the price impact measure but statistically insignificant relationships with the dispersion of analyst forecasts. However, the ESG score shows negative relationships with both measures when we exclude chaebol affiliates from the sample. These findings are robust when we examine environmental, social and corporate governance scores separately. This set of results argues for the extant theory, expecting a negative relationship between a firm's engagement in corporate social responsibility and asymmetric information. It further argues for the importance of firm characteristics in determining the influence of socially responsible activities.

• 대한공업교육학회지
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• 제35권2호
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• pp.124-139
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• 2010

이 연구는 공대생을 대상으로 공학에 대한 태도 변인과 두뇌 우성에 영향을 미치는 관련 변인과의 관계를 연구하는데 그 목적이 있다. 이 연구의 결과는 다음과 같다. 첫째, 공대 학생틀의 공학에 대한 태도는 인지적 요소(3.73), 정의적 요소(3.05), 행동적 요소(2.86)순으로 나타났으며 현실적 맥락에서 공학적인 인지적 능력 배양뿐만 아니라 실험 실습과 같은 행동적 요소를 강화할 수 있는 교수-학습 전략이 필요한 것으로 분석된다. 둘째, 공대 학생들의 두뇌 우성 사고(A유형:분석자, B유형:관리자, C유형:협동자, D유형:합성가)에 따른 공학태도는 유의미한 차이가 나타나지 않았지만, 분석적 사고의 특성을 갖는 A유형의 학생들이 학업 성취도가 높은 것으로 나타났다. 이러한 연구의 결과를 바탕으로 교수-학습적인 측면에서 학생을의 사고 유형에 따른 교수-학습 전략의 변화가 필요하며, 특히, 개별 학습자의 약한 우성적 특성과 사고유형을 개발하기 위하여 교수자의 교수-학습 전략과 실천이 중요하다는 교수자들의 인식변화가 선행되어야 할 것이다.

• 한국정보과학회논문지:컴퓨팅의 실제 및 레터
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• 제13권5호
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• pp.293-299
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• 2007

지능형 배관 검사체(PIG)는 가스나 기름 배관 안을 지나가며 검사체에 장착된 여러 센서로부터 신호(센서 데이타로 불림)들을 취합하는 장치이다. PIG로부터 취합된 센서데이타들을 분석함으로써, 배관의 구멍, 뒤틀림 또는 잠재적으로 가스 폭발의 위험을 가지고 있는 결함들을 발견할 수 있다. 배관의 센서 데이타를 분석가가 분석을 할 때에는 주로 두 가지 분석 패턴을 사용한다. 첫 번째는 센서 데이터를 순차적으로 분석하는 순차적 분석 패턴이고, 두 번째는 특정한 구간을 반복해서 분석하는 반복적 분석 패턴이다. 특히, 센서 데이타를 분석할 때 반복적 분석 패턴이 많이 사용된다. 기존의 PIG 소프트웨어들은 사용자의 요청이 있을 때 마다 서버로부터 센서 데이타들을 오므로, 매 요청마다 네트워크 전송비용과 디스크 액세스 비용이 든다. 이와 같은 방법은 순차적 분석 패턴에는 효율적이지만, 분석 패턴의 대부분을 차지하는 반복적 분석 패턴에는 비효율적이다. 이와 같은 문제는 서버/클라이언트 환경에서 다수의 분석가가 동시에 분석을 할 경우에는 매우 심각해진다. 이러한 문제점을 해결하기 위해 본 논문에서는 배관 센서 데이타들을 여러 개의 시계열 데이타로 생각하고, 효율적으로 시계열 데이타를 캐싱 하는 T-Cache라 부르는 주기억장치 고성능 캐시 관리자를 제안한다. 본 연구는 클라이언트 측에서 시계열 데이타를 캐싱하는 최초의 연구이다. 먼저, 고정된 거리의 시계열 데이타들의 집합을 캐싱 단위로 생각하는 신호 캐시 라인이라는 새로운 개념을 제안하였다. 다음으로, T-Cache에서 사용되는 스마트 커서와 여러 알고리즘을 포함하는 여러 가지 자료구조를 제안한다. 실험 결과, 반복적 분석 패턴의 경우 T-Cache를 사용하는 것이 디스크 I/O측면과 수행 시간 측면에서 월등한 성능 향상을 보였다. 순차적 분석 패턴의 경우에도 T-Cache를 사용하지 않은 경우와 거의 유사한 성능을 보였다. 즉, 캐시를 사용함으로써 발생하는 추가비용은 무시할 수 있음을 보였다.