• The Korean Journal of Financial Studies
• /
• v.10 no.1
• /
• pp.249-269
• /
• 2004

Free cash flow is known as a typical type of agency conflict between managers and shareholders in a firm. The insurance industry, which is not growing, is particularly susceptible to such excessive cash flow. We herein investigate the effects of stock ownership plans on reducing agency conflicts. We adopt undistributed cash flow to proxy free cash flow, and size, default risk, group membership, leverage, investment opportunity, and stock options are selected as explanatory variables. We find that stock option plans are effective(at a 10% level) in reducing free cash flow.

• Structural Engineering and Mechanics
• /
• v.73 no.2
• /
• pp.191-207
• /
• 2020

This study aims at investigating the size-dependent free vibration of porous nanoplates when exposed to hygrothermal environment and rested on Kerr foundation. Based on the modified power-law model, material properties of porous functionally graded (FG) nanoplates are supposed to change continuously along the thickness direction. The generalized nonlocal strain gradient elasticity theory incorporating three scale factors (i.e. lower- and higher-order nonlocal parameters, strain gradient length scale parameter), is employed to expand the assumption of second shear deformation theory (SSDT) for considering the small size effect on plates. The governing equations are obtained based on Hamilton's principle and then the equations are solved using an analytical method. The elastic Kerr foundation, as a highly effected foundation type, is adopted to capture the foundation effects. Three different patterns of porosity (namely, even, uneven and logarithmic-uneven porosities) are also considered to fill some gaps of porosity impact. A comparative study is given by using various structural models to show the effect of material composition, porosity distribution, temperature and moisture differences, size dependency and elastic Kerr foundation on the size-dependent free vibration of porous nanoplates. Results show a significant change in higher-order frequencies due to small scale parameters, which could be due to the size effect mechanisms. Furthermore, Porosities inside of the material properties often present a stiffness softening effect on the vibration frequency of FG nanoplates.

• Korean Journal of Food Science and Technology
• /
• v.29 no.5
• /
• pp.987-991
• /
• 1997

Effect of morphology and granule size of crystalline D-sorbitol on texture of sugar-free chewing gum was investigated with different morphology of sorbitol such as a compact shaped P-type and a loose shaped S-type, and with different granule size such as 50 mesh, 80 mesh, and 100 mesh. The chewing gum including S-type sorbitol exhibited an increased flexibility and a decreased hardness as compared with that including P-type sorbitol. S-type sorbitol was chosen as a solid phase of sugar-free chewing gum because the consumer preferred a chewing gum with high flexibility and low hardness. The flexibility and hardness of chewing gum including S-type sorbitol were determined to be optimum at 80 mesh of the sorbitol size. The flexibility of the chewing gum including 80 mesh S-type sorbitol increased but the hardness decreased with increasing temperature.

• Korean Journal of Biological Psychiatry
• /
• v.22 no.3
• /
• pp.118-127
• /
• 2015

Objectives Standardization of head size is essential for the volume study. Cortical thickness analyses are increasingly being used in many fields of neuroscience. However, it is not established whether head size correction should be done for thickness study. Methods Using the Open Access Series of Imaging Studies data, we determined cortical thickness of 316 cognitively normal participants aged 18-94 with FreeSurfer. The association between head size and cortical thickness of whole cortical mantle and in each lobe among age tertile groups was assessed. Estimated total intracranial volume (eTIV) was calculated for determining head size. Results Across all participants, cortical thickness in whole brain except some areas in cingulate and insula decreased with aging. eTIV had positive correlation with the thickness of frontal, parietal, occipital and whole brain areas. However, the age effect was not shown in whole brain of the first tertile group and in cingulate areas of the third tertile group. eTIV had negative correlation with the thickness of cingulate in the third tertile group. Gender effects were shown in some areas in third tertile group, but it would be due to difference of head size. Conclusions These findings suggest that head size standardization might be done especially in older population and in studies of paralimbic areas.

• Journal of Ocean Engineering and Technology
• /
• v.24 no.6
• /
• pp.61-70
• /
• 2010

This study presents free vibration analyses of perforates steel plates with various cutouts. Four different parameters (shape, size, curvature radius ratio, and rotation of cutouts) were considered to investigate the effects of those parameters on the free vibration characteristics, such as natural frequencies of the perforated steel plates. Three different shapes of cutouts are circle, square, and triangle, and the considered sizes are 5, 10, 15, 20, and 25 mm. For the triangular and square cutouts, the characteristic radii of the inscribed circles of those cutouts were defined. In addition, the curvature radius ratio was defined as the ratio of curvature radius of bluntness and the characteristic radius. Then, total seven different curvature radius ratios (0, 0.1, 0.3, 0.5, 0.7, 0.9, and 1) were considered. To investigate the rotation effect of the cutouts, it was considered four rotations ($0^{\circ}$, $15^{\circ}$, $30^{\circ}$, and $45^{\circ}$) for the square cutouts and three rotations (0, 15, and 30) for the triangular cutouts. All the free vibration analyses were conducted using a general purpose finite element program. From the analyses we found that the most influential parameter for the free vibration response of the perforated plates is the size of cutout. The other factors such as the shape, curvature radius ratio, and rotation are minors; they mainly change the natural frequency as long as the size effect is accompanied.

• Archives of Reconstructive Microsurgery
• /
• v.8 no.2
• /
• pp.139-148
• /
• 1999

Since Nakayama's first report about venous flap, many experimental and clinical studies were done about this new type of flap. And due to its various benefits, its applications as arterialized venous free flap type have increased recently. In this study we have attempted to reconstruct composite of defects of the hand with new modification of arterialized venous free flap and simultaneous reconstruction of skin, nerve, tendon were performed successfully. From 1994 to 1999, the defects of the hands in 35 patients were reconstructed with various modifications of arterialized venous free flaps. The range of age was from 19 to 55 years and size of flap ranged from $1{\times}2cm\;to\;14{\times}9cm$. Among them, 12 cases of flap over 20cm in size were included. Indications of flaps were as follows: resurfacing of the defects of the skin (9 cases), simultaneous reconstruction of extensor, skin and digital nerve(2 cases), reconstruction of the skin with extensor(5 cases), as a flap-through type vascular reconstruction(6 cases), for digital nerve reconstruction(2 cases), contracture release(3 cases), and finger tip reconstruction(9 cases). All of the cases except one survived with marginal skin necrosis less than 10%. And relatively large flaps over 20cm in size successfully survived without any delay procedures. Composite reconstructions including tendon and nerve were successful with new modifications of this flap. Arterialized venous free flap is one of the useful procedure in reconstruction of the hand because it has many advantages such as non-bulky and good quality of flap, variable length of pedicle, preservation of major vascular pedicle, less operation time, single operative field and in addition possibility of various modifications.

• Journal of the Korean institute of surface engineering
• /
• v.55 no.4
• /
• pp.202-214
• /
• 2022

Internal connections between device, package and external terminals for connecting packaging and printed circuit board are normally manufactured by electroless Ni-P plating followed by immersion Au plating (ENIG process) to ensure the connection reliability. In this study, a new non-cyanide-based immersion and electroless Au plating solutions using thiomalic acid as a complexing agent and aminoethanethiol as a reducing agent was investigated on different underlayer electroless Ni-P plating layers. As a result, it was confirmed that the deposition behavior and film properties of electroless Au plating are affected by grain size and impurity of the electroless Ni-P film, which is used as the plating underlayer. Au plating on the electroless Ni-P plating film with a dense surface structure showed the highest bonding strength. In addition, the electroless Au plating film on the Ni-P plating film has a smaller particle size exhibited higher bonding strength than that on the large particle size.

• Journal of Nutrition and Health
• /
• v.46 no.4
• /
• pp.382-390
• /
• 2013

This study was designed to investigate the amount of free sugar according to each beverage category in coffee and beverage stores. The groups were categorized as 15 groups based on the kind of beverage material. The beverage groups contributing to total sugar per 100 mL were milk + syrup or powder, hot (12.9 g), ade (12.6 g), milk + syrup or powder + crushed ice (11.9 g), and espresso shot + milk + syrup + crushed ice (11.4 g). The beverage groups contributing to free sugar per 100 mL were ade (12.6 g), milk + syrup or powder + crushed ice (10.8 g), espresso shot + milk + syrup + crushed ice (10.3 g), and milk + syrup or powder, hot (9.7 g). The beverage groups contributing to total sugar (energy) per portion size were milk + syrup or powder + crushed ice 56.6 g (332.3 kcal), espresso shot + milk + syrup + crushed ice 49.3 g (333.4 kcal), milk + syrup or powder, hot 46.3 g (372.1 kcal), and milk + syrup or powder, ice 38.1 g (325.9 kcal). The beverage groups contributing to free sugar per portion size were milk + syrup or powder + crushed ice 51.2 g, espresso shot + milk + syrup + crushed ice 44.9 g, ade 37.1 g, milk + syrup or powder, hot 34.6 g, and milk + syrup or powder, ice 30.1 g. The percent of average free sugar per portion size of the WHO recommendation (free sugars <10% of total energy; <50 g/2,000 kcal) was milk + syrup or powder + crushed ice 102.4%, espresso shot + milk + syrup + crushed ice 89.8%, ade 74.1%, and milk + syrup or powder, hot 69.2%. The proportion of beverage in excess of WHO recommendation per portion size was 14.6% in espresso shot + milk + syrup + crushed ice, 22.7% in ade, and 10.9% in milk + syrup or powder, hot. Therefore, in coffee and beverage stores, menu development with reduced sugar content is needed, and nutrition information should be provided through sugar nutrition labeling.

• 제어로봇시스템학회:학술대회논문집
• /
• 1990.10b
• /
• pp.1004-1008
• /
• 1990

This research focuses on developing a new and computationally efficient algorithm for free space structuring and planning collision free paths for an autonomous mobile robot working in an environment populated with polygonal obstacles. The algorithm constructs the available free space between obstacles in terms of free convex area. A collision free path can be efficiently generated based on a graph constructed using the midpoints of common free links between free convex area as passing points. These points correspond to nodes in a graph and the connection between them within each convex area as arcs in this graph. The complexity of the search for collision free path is greatly reduced by minimizing the size of the graph to be searched concerning the number of nodes and the number of arcs connecting them. The analysis of the proposed algorithm shows its efficiency in terms of computation ability, safety and optimality.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2015.05a
• /
• pp.126-127
• /
• 2015

New technologies using a CNC machine to reduce the production cost of free-form buildings are being developed. To produce free-form members with such technologies, a vast free form building should be first divided into multiple panels that can be produced. Considering the curved surface of free-form buildings, the shape and size of divided freeform panels vary, which will lead to a great deal of errors. Currently, the engineers and designers complete the panelizing work through trials and errors even in large-scale projects, which results in increased construction duration and cost. Thus, it is necessary to develop a freeform panelizing technology to maximize the economic effects of free-form concrete member production technology. The purpose of the study is to analyze influence factors on panelizing of free-form buildings, which is a preceding research for development of a panelizing technology. The influence factors drawn will provide a core basis for development of panelizing technologies for free-form buildings.