• Title/Summary/Keyword: compliance structure

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Survey on Labeling of Health Functional Foods in Internet Shopping Malls

  • PARK, Sang-Kyu;UHM, Tai-Hwan
    • Journal of Distribution Science
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    • v.17 no.6
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    • pp.57-63
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    • 2019
  • Purpose - This research is to review the state of standard labeling compliance and identify the factors that are conducive to compliance with the Labeling Standards of the Health Functional Foods Act in internet distribution. Research design, data, and methodology - We checked 9 labels including product name, expiration date, manufacturing date, raw material, ingredient, operative dose, nutritional information, daily intake, and functional effect which are based on Labeling Standards of the Act from 100 health functional foods in the internet shopping malls. These 9 structure & function claims were compared using a Chi-square test. Results - There was a statistically significant difference in the use of standard labeling between domestic product and imported products (p<.001). The related strength between these two variables showed a moderate effect size. Also, there was a statistically significant difference between accredited advertising/unaccredited advertising distinction and use of standard labeling (p<.001). The related strength between these two variables showed a moderate effect size. Conclusions - The Labeling Standards of the Act were not followed and found to be related to imports or unauthorized advertising in internet distribution. The information displayed according to the Labeling Standards was only about 2 on the average, so many labels have been posted unreadably without arrangement.

Study on Corporate Governance in Emerging Markets: A Focus on Compliance of South African and South Korean Listed Companies

  • Ahialey, Joseph Kwaku;Kang, Ho-Jung
    • Journal of Korea Trade
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    • v.23 no.6
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    • pp.93-112
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    • 2019
  • Purpose - First, this study contextually examines the governance codes of South Africa and South Korea. Second, it analyzes board features of South African (JSE) Mainboard and South Korean (KRX) KOSPI-listed companies. Design/methodology - This review is qualitative and uses data from the annual reports of the selected markets' companies, respective exchanges' official web sites and corporate governance-related web sites in order to examine the corporate governance practices in the two markets. In addition, Nvivo is employed in analyzing the content of the corporate governance codes of the selected countries. Findings - Our analysis indicates that the corporate governance codes of the two countries are evolving to keep up with the international trend of principles-based approach. The composition of the board of directors (BODs) of non-financial companies of both South Africa and South Korea shows no significant variation between the companies with regards to the executive (inside) and nonexecutive (outside) directors. On the contrary, there is a significant variation between South African and South Korean listed companies with respect to diversity. Originality/value - While previous studies are centered on the impact of governance codes on performance, this study intends to contextually evaluate the codes and features of South Africa and South Korea listed companies. This is essential and timely for regulators and policy makers given the importance of corporate governance features such as board independence and diversity in recent times.

Analysis of the Relation Between Micro-Speaker with the Back Holes and the Ducted Speaker-System (후면기공을 갖는 마이크로스피커와 덕트형 스피커시스템사이의 연관성 해석)

  • Rhee, Esther;Oh, Sei-Jin
    • The Journal of the Acoustical Society of Korea
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    • v.26 no.3
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    • pp.115-122
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    • 2007
  • In this study, the property and the structure of micro-speaker had been firstly shown to be treated as a ducted speaker-system, which was consisted of the unit and the ducted enclosure. With the decrease of total hole area. the resonance frequency of micro-speaker was decreased due to increasing the stiffness or reducing the compliance. The behavior of resonance frequency relative to the total hole area was exactly agreed with that of the square root of compliance. With decreasing the total hole area. the effective chamber volume was increased, but the reference sound pressure level was exponentially reduced in the low and middle frequency range.

The Role of Board Structure and Audit Committee Structure on Financial Reporting Timeliness: Evidence from Public Listed Companies in Malaysia

  • GHANI, Erlane K.;CHE AZMI, Ahmad Farib
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.443-453
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    • 2022
  • This study examines the effect of board structure and audit committee structure on financial reporting timeliness among Malaysia's top 100 public listed companies. Specifically, this study examines whether board independence, CEO duality, board ownership, audit committee independence, audit committee competence, and audit committee diligence influence the financial reporting timeliness of the public listed companies. This study selects the top 100 public listed companies by market capitalization listed on the Main Market of Bursa Malaysia as the sample since the main board has more public reprimands on financial reporting timeliness compared to other boards. The content analysis on annual reports for five years from 2015 to 2019 is utilized. The results show that audit committee competence and audit committee diligence significantly affect financial reporting timeliness. In contrast, board independence, CEO duality, board ownership, and audit committee independence have insignificant relationships with financial reporting timeliness. The findings in this study are helpful for compliance analysis and strategy formation in enhancing financial reporting timeliness. This study contributes to the agency theory by providing a new perspective on how different sections of corporate governance features interact together to influence financial reporting timeliness. In addition, the findings can assist the regulators in establishing quality corporate governance.

The Interaction Effects between News Frames and Community Structure on Vote Choice (지역공동체 구조와 뉴스프레임이 투표행위에 미치는 영향)

  • Park, Cheong-Yi
    • Korean journal of communication and information
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    • v.17
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    • pp.37-60
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    • 2001
  • This study attempted to demonstrate the interaction effects between attitudinal frames of nine daily newspapers and community structure in the 1994s Michigan gubernatorial election. It was theoretically guided by framing research and the self-presentation theory of social-cognition perspective and empirically tested with archival data. For the purpose of this study, content analysis of nine statewide daily newspapers was employed in order to provide data on news framing. Data on voting rates for John Engler, winner of the 1994 Michigan Gubernatorial election, in each county of Michigan were used for vote choice while Michigan census data were used for constructing an Index of community structural differentiation. The results indicated that majority compliance frames were slightly more related with vote choice in homogeneous com-unities rather than were majority compliance frames in heterogeneous communities while social identification frames tended to have an influence on vote choice in heterogeneous communities more than did social identification frames in homogeneous communities.

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An Experimental Study on the Bond Strength of Polymer-Modified Mortars (폴리머 시멘트 모르타르의 부착강도에 대한 실험적 연구)

  • Park, Hun-Il;Song, Ki-Min;Park, Sang-Sun;Sin, Hong-Chul;Sin, Ju-Jae;Kim, Young-Kun
    • Proceedings of the Korea Concrete Institute Conference
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    • 2008.04a
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    • pp.629-632
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    • 2008
  • In the concrete repairing industry, it's very significant to apply adequate repair materials and construction method in order to extend service life of deteriorated concrete structure efficiently. also, adequate diagnosis of deteriorated structure's status should be involved. This paper describes an investigation of bond strength of polymer modified mortar applied both old deteriorated concrete surface substrate and well cured new concretes. The purpose of this investigation is comparing how much the tensile bond strength on construction site is different from laboratory test results. in the results of investigation, most of sample tested in laboratory is in compliance with KS F 4042's specification. and most of results of construction site are not in compliance with the specification cause of low tensile strength of concrete's surface.

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A Study on the Influence of Social Regulation on Competition and Innovation: A Case of Fire-retardant Coating Material for Steel Structure Sector in Korea (사회적 규제가 대체재 간 경쟁과 혁신에 미치는 영향에 관한 연구 : 국내 철강 구조물용 내화 피복재 산업의 사례연구)

  • Chang, Chul Kwon;Ji, Ilyong
    • Journal of Korea Technology Innovation Society
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    • v.20 no.4
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    • pp.939-969
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    • 2017
  • The interest in social regulation and its influence on innovation are increasing as the society concerns more for environment and safety. There have been plenty of literature about the impact of social regulation on innovation and its mechanism. Majority of research have been influenced by or based on the famous Porter's hypothesis. However, majority of the literature focus on internal factors such as expected benefits from change of regulations, and it is hard to find one studying social regulation's influence on innovation through external factors such as market or industrial structure. This study addresses this issue of the impact of social regulation on innovation by analyzing the case of fire-retardant coating material for steel structure industry in Korea. It scrutinizes the impact of social regulation which affects competition and innovation on substitute competing market, and tries to reveal that there might exist the other path to innovation, besides the way that the expected benefit from compliance of regulation directly drives innovation. As a result of the case study, we have found that changes in social regulation may act like economic regulation and restructure the market segment and this effect may lead to innovation. It can be explained by the fact that expected benefits from compliance of regulation can be a direct source of innovation, as Porter suggested, but the change of industry structure and competitive strength caused by the change in social regulation can also act as a driving force of innovation.

Comparison of Seismic Performance of Steel Moment Frame according to Different Analytic Joint Models (국내 철골골조의 접합부모델에 따른 내진성능 비교)

  • 이준석;한상환;이리형
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2000.04b
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    • pp.317-323
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    • 2000
  • The purpose of this study is to compare the seismic resistant capacity inherent in ductile moment resisting frames using two different joint modeling. The difference between these two models is the capability for considering the panel zone deformation. For this purpose, 5 story steel moment frame is designed in compliance to the Korean seismic design provisions and the steel structure design standard. Nonlinear Static Procedure(NSP) and Nonlinear Dynamic Procedure(NDP) of this structure are carried out using two different joint models. Based on the results of NSP and NDP, the sensitivity of the response to analytical modeling is appraised. Also, it is proposed that for the highrise steel structures, the joint deformation should be accounted properly by the analytical model.

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Ground Beam-Joint Topology Optimization for Design and Assembly of Multi-Piece Frame Structures (그라운드 빔 조인트 기반 위상최적화법을 이용한 프레임 구조물의 조립 위치 및 강도 설정)

  • Jang, Gang-Won;Kim, Myeong-Jin;Kim, Yun-Yeong
    • Proceedings of the KSME Conference
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    • 2007.05a
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    • pp.688-693
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    • 2007
  • Most frame structures cannot be manufactured in a single-piece form. Ideally, when a structure is built up by assembling multi pieces, assembly at the joints should be rigidly performed enough to have almost full stiffness, which is difficult for practical reasons such as manufacturing cost and time. In this research, we aim to develop a manufacturability-oriented compliance-minimizing topology optimization using a ground beam model incorporating additional zero-length elastic joint elements. In the present formulation, design variables control the stiffness of zero-length elastic joints, not the stiffness of beams. Because joint stiffness values at the converged state can be utilized to select candidate assembly locations and their strengths, the technique is extremely useful to design multi-piece frame structures. An optimal layout is also extracted based on the stiffness values.

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On the Control of Re-Structured Electric Power Systems

  • Feliachi Ali
    • International Journal of Control, Automation, and Systems
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    • v.3 no.spc2
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    • pp.363-375
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    • 2005
  • The paper describes some of the challenges that face the control of nonlinear interconnected power systems. The challenges include the selection of appropriate control and information structures that could range from a completely decentralized to a fully centralized structure. Once a structure is proven to be feasible, the effectiveness of control signals needs to be assessed. Analytical tools are derived for this purpose in the first part of the paper, and they are illustrated with a case study that involves the design of a damping decentralized controller using a Thyristor Controlled Series Compensation device. The second part of the paper deals with the load following and tracking problem through automatic generation control for a system that has been re-structured or deregulated. This problem can be solved using a completely decentralized scheme. It is solved here using fuzzy rules and with an emphasis on compliance with NERC's standards and reduction of wear and tear of the equipment. It is illustrated with a test system that has three interconnected control areas. Finally, comments on the economics of control and the author's vision are presented.