• Management & Information Systems Review
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• v.35 no.1
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• pp.173-188
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• 2016

The introduction and operation of compensation committee can affect managers' incentive-compensation system. In this context, The purpose of this paper examines whether managers' pay-performance sensitivity is affected by the quality of the compensation committee(compensation committee size, the proportion of outside directors on the compensation committee, the proportion of directors with 2 or more non additional board seats on the compensation committee) To test this hypothesis, we use a sample of 260 firm-year observations between 2001-2013. The results are as follows. Firstly, we find that no significant relevance between the compensation committee size and pay-performance sensitivity. But the proportion of outside directors on the compensation committee and the proportion of directors with 2 or more non additional board seats on the compensation committee is positively associated with both pay-earnings based performance sensitivity and pay-stock based performance sensitivity. Secondly, we find that the integration quality of the compensation committee is positively associated with both pay-earnings based performance sensitivity and pay-stock based performance sensitivity. Overall, our analysis suggests that compensation committee are important mechanism in the design of efficient incentive-compensation system.

• Journal of the Korean Operations Research and Management Science Society
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• v.15 no.2
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• pp.17-31
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• 1990

This problem analyzed in this paper is to specify a schedule for thesis committee allowing maximum committee members' preference over thesis topics and meeting time-slots while satisfying other related scheduling requirements such as prohibiting simultaneous assignment of a committee member to more than one committee at a time. Two mathematical programming applroaches are presented to solve the thesis committee scheduling problem in a professional graduate school. They include LP-based branch-and-bound approach with network subproblems. Characterization of the problem is analyzed to develop an efficient solution algorithm. Implementation and computational experiments are also performed for real size problems on an IBM PC/AT to show the relative performance of the propsoed approaches along with an ordinary ILP solution approach.

• Journal of Veterinary Science
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• v.23 no.4
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• pp.59.1-59.5
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• 2022

Korean Institutional Animal Care and Use Committee (IACUC) is currently facing some operational pressing issues. 1) Review of the animal protocol containing controversial technology. 2) Review of the multi-institution animal protocol. 3) Review of veterinary clinical trials for client-owned animals. 4) Delay in the review process in large institutions with a single IACUC. Here, the following three solutions are proposed to address the above issues. 1) Establishment of public IACUC. 2) Establishment of the Veterinary Clinical Study Committee as an advisory body to the IACUC. 3) Operating multiple committees rather than increasing the number of committee members on a single committee.

• KCID journal
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• v.13 no.2
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• pp.363-370
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• 2006

• Journal of Radiation Protection and Research
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• v.46 no.3
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• pp.143-150
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• 2021

Since its establishment in 2018, the Young Generation Network (YGN) has been dedicated, with support of the International Radiation Protection Association (IRPA), to a variety of activities to promote communication, collaboration and professional development of students and young professionals in the area of radiation protection and its allied fields. This article reports our recent activities from the middle of 2018 to the beginning of 2021, with highlights on some important events: "Joint JHPS-SRP-KARP Workshop of Young Generation Network" (December 2019 in Japan); contribution to "Nuclear Energy Agency Workshop on Optimization: Rethinking the Art of Reasonable" (January 2020 in Portugal); survey on the impact of coronavirus disease 2019 (COVID-19) on radiation protection among IRPA YGN members (March 2020); and contribution to IRPA15 (15^th International Congress of the IRPA; January-February 2021, online). The discussion and insight obtained from each activity are also summarized. The IRPA YGN will aim to achieve its on-going activities and continue to follow the ways paved in the Strategic Agenda and despite the challenges raised by the COVID-19 pandemic. Namely, running an international survey (for example, on the usage of social media in radiation protection, and on the long-term consequences of the COVID-19 pandemic), engaging national YGNs, extending the network, finding new relationships with networks with an interest in the young generation and participation in (remote) events will be aspired for.

• International Area Studies Review
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• v.13 no.1
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• pp.371-389
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• 2009

Recently the ordinances of the Conciliation Committee of Distribution Disputes have been enacted and revised throughout the country. The purposes of the ordinances are to establish and operate the Conciliation Committee of Distribution Dispute. But several problems have been found in the ordinances of the Conciliation Committee of Distribution Disputes. These are the appointment of the chairman of the Conciliation Committee of Distribution Disputes, appointment of the acting chairman of the committee, consolidation of the requests of conciliation, challenge of the committee member. Also, the conciliator must keep in mind the several consideration when the Conciliation Committee of Distribution Disputes render the conciliation. These are the mutual survival between large distributer and small and medium distributer, care of consumer in the region, the growth and development of regional economy.

• Korean Journal of Legislative Studies
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• v.15 no.1
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• pp.145-176
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• 2009

This paper introduces two concepts, specialization and representation, to evaluate activities of standing committees in Korean Assembly. Previous studies have criticized the committees based on frequent change of committee membership. After analyzing the empirical data of Finance and Economy Committee, it turns out that different from the previous arguments, the committee reaches the high level of activities in the perspective of specialization and representation. Changing of committee membership, after considering direction of the change and period of leaving the committee, is less happened than they are supposed. If voting by proxy or absentee voting were allowed, the frequency of the changing membership would be decreased. Study on Finance and Economy committee reveals that the extent of participation of the committee members is similar to the that of the floor meeting and that the number of participants and hours for each meeting display the characteristics of deliberative democracy of committee. Unanimous decisions outnumber majority ones. Therefore, this paper insists that standing committees in Korean Assembly works much better than what they have been criticized

• KCID journal
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• v.13 no.2
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• pp.236-245
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• 2006

Among a number of methodologies for developing groundwater supply to overcome drought events reported in the research community, an accurate estimation of the groundwater level is an important initial issue to provide an efficient method for operating groundwater. The primary objective of this paper is to develop an advanced prediction model for the groundwater level in the catchment area of the Ssangcheon groundwater dam using precipitation based period dividing algorithm and response surface methodology (RSM). A numerical example clearly shows that the proposed method can effectively forecast groundwater level in terms of correlation coefficient ($R^2$) in the upstream part of the Ssangcheon groundwater dam.

• The Journal of Asian Finance, Economics and Business
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• v.6 no.1
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• pp.59-69
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• 2019

The auditor, an important instrument of corporate governance, ensures the transparency and accountability of the firm to the stakeholders. The objective of this paper is to explore the impact of audit characteristics on firm performance. In this study, external audit quality (BIG4), frequencies of audit committee meetings, and audit committee size are used as the proxies of audit characteristics and firm performance is measured through ROA, profit margin and EPS. A total of 503 firm years are considered as sample size from the listed manufacturing firms of Dhaka Stock Exchange (DSE) during the period of 2013 to 2017 to find out the impact of audit characteristics on firm performance. In this study, multivariate regression analysis is conducted using the pooled OLS method. Moreover, time dummy and lag model of multivariate analysis are also analyzed as robust check. The multivariate regression results find that external audit quality (BIG4) and audit committee size are significantly positively associated with firm performance. This study also finds that there is a significant negative relationship between audit committee meeting and firm performance. This study recommends that the regulatory authority and audit committee should review the frequencies of audit committee meeting to make it more effective to ensure better firm performance.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.4
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• pp.363-368
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• 2021

This study attempts to examine whether ownership of government-controlled corporations and audit committee effectiveness are related. The population of this study is 431 listed manufactured firms in the Saudi Stock Exchange (Tadawul) for the period 2012-2019 that published their financial and annual reports for the period 2012-2019. This population criterion is based on considerations that manufacturing companies listed on Tadawul have publicly accessible data and they have greater obligations to implement corporate governance code. Using the complementary hypothesis, this study predicts that there is a positive relationship between the ownership of government-controlled companies and audit committee effectiveness. The Pooled OLS regression shows that government-controlled companies' ownership is positively associated with audit committee effectiveness. Our study also indicates that ownership of government-controlled companies as a governance monitoring mechanism becomes more effective as it is combined with audit committee effectiveness which is another governance monitoring mechanism. The results of this study provide insightful evidence to policymakers at the company and country levels on the relationship of government-corporate ownership and audit committee effectiveness.