• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.3
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• pp.1151-1156
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• 2011

Leveraged buyouts (LBO) means the acquisition of a company using bonds and loans. There are the prolific volumes of LBO transactions in the international M&A markets, and its influence to the financial market is increasingly huge. However, there are very few LBO transaction in the domestic M&A market and there are also few researches in this field due to the private nature of LBO transactions. Once a company is privatized through a LBO transaction, it is not so long before it is relisted on the stock exchange or it is resold to a third-party investor. In order to repay the borrowed money, an LBO investor may decide to end a company's private status through an exit via an initial public offering (IPO) or a takeover. In this paper, we expand Kaplan's study on the organizational status of post leveraged buyout (LBO) transaction. We find that there is a significant change starting 1986. Most notably, fewer LBOs remain private, the median holding period of the LBO was cut in half to 3.2 years and of those that exit, IPO exits had significantly shorter holding periods. Regression analysis shows that good market conditions lengthen the holding period of a LBO investment whereas the size of the transaction shortens it.

• Journal of Environmental Science International
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• v.22 no.4
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• pp.425-433
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• 2013

A mass balance of process was calculated by using the analysis of basic unit and environmental assessment of all the processes of Busan fashion color industry cooperative that operates a combined heat and power plant and a bio treatment plant. The mass balance for the combined heat and power plant was done, based on boiler and water treatment processes while each unit reactor was used for the bio treatment plant. From the results above, a resource recycle network, a treatment flowchart for food waste water/wastewater treatment and a carbon reduction program were established.

• The Journal of Information Systems
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• v.18 no.3
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• pp.231-249
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• 2009

Recently, plant construction industries are enjoying a favorable business climate centering around developing countries and oil producing countries rich in oil money. This paper proposes a methodology of implementing case-based reasoning(CBR) system for managing knowledge like lessons learned and various documents accumulated in performing power plant construction projects which are receiving a lot of order from foreign countries such as the Middle East, etc. Our methodology is consisted of 10 steps : user requirement gathering, information modeling, case modeling, case base design, similarity function design, user interface design, case base building, CBR module development, user interface implementation, integration test. Also, to illustrate the effectiveness of proposed methodology, the real CBR system is implemented for the plant business division of 'H' company which has international competitiveness in the field of plant construction industry. At present, the implemented CBR system is successfully utilizing as storing, sharing, and reusing knowledge which is accumulated in performing power plant construction projects in the target enterprise.

• Journal of Agricultural Extension & Community Development
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• v.16 no.1
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• pp.51-67
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• 2009

This study was carried out to investigate the major factors of the successful development of Doi Chaang Coffee Complex, Chiang Rai of Thailand. Data were gathered through field survey, library research and internet so on. Interviews were conducted with specialist, community leaders, board member of Doi Chaang Coffee Company from 14 to 19, January 2007. The major factors for the successful development observed were as follows: 1) Successful selection of crops and farming system(SALT) with regards of slopes and meteorological condition; 2) Leadership of the King of Thailand and the chief of Akha in terms of attitudinal change of hill-tribes in agriculture extension; 3) supporting by Royal Project Foundation; 4) Quality control through post harvest management by cooperative system; 5) Cooperation between the Coffee Producers' Cooperatives of Thailand and for the international Doi Chaang Coffee Corporation of Canada in terms of fair trade and so on.

• International Journal of Precision Engineering and Manufacturing
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• v.5 no.2
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• pp.5-15
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• 2004

A telecooperation system supports synchronous cooperation among all the product development partners and enables compensation of deficits concerning traditional information/communication technologies. By analyzing the product development processes and communication scenarios of a company manufacturing automobile parts, the specifications for the suitable telecooperation system were defined. An integrated telecooperation platform that combines the commercial softwares with the new developed modules for customer-oriented functionalities was created as a product development guideline. Future work is strongly required in order to define the best way to improve the integrated platform, based on the functionality of ERP and PDM systems.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.22 no.51
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• pp.211-220
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• 1999

The purpose of this study is the necessity of collaboration, equilibrium or the differences of examination items about certification system which is focused on products, such as KS, formal approval, and ISO 9000 family, QS 9000, etc, for Quality management system. We make expert group control this problem. Also we make examination items to be united. And the differences of certification body and personnel necessary is dissolved by proper instruction. Examination process and corrective maintenance should be improved by clarity, fairness and reliability. Problems through preparation for certification and certified company should be focused on reform of consciousness of top management and continuous instruction. And desirable solution for mutual certification problem and others should be found by information interchange system of international cooperation.

• International Journal of Control, Automation, and Systems
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• v.2 no.3
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• pp.398-405
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• 2004

A human-friendly interactive system that is based on the harmonious symbiotic coexistence of humans and robots is explored. Based on the interactive technology paradigm, a robotic cane is proposed for blind or visually impaired pedestrians to navigate safely and quickly through obstacles and other hazards. Robotic aids, such as robotic canes, require cooperation between humans and robots. Various methods for implementing the appropriate cooperative recognition, planning, and acting, have been investigated. The issues discussed include the interaction between humans and robots, design issues of an interactive robotic cane, and behavior arbitration methodologies for navigation planning.

• Proceedings of the Korean Geotechical Society Conference
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• 2008.10a
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• pp.614-625
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• 2008

The project of Construction of Siem Reap bypass road in Cambodia consists of alignment improvement of existing route, extension of width of road and laterite paving. This project is carried out by fast-track method on the design and construction for bypass road of 15.2 km length and 8m width for five months. Though some difficulties for the construction works such as the location of borrow pit and rock source, rainy seasons etc, the construction could be completed successfully owing to the cooperation of related authorities, company and residents. This 2 way Angkor detouring road will function as industrial roads in Siemreap region. These new two roads will not only bring better logistics requirements and safety, but also impact to poverty alleviation and preservation the beauty of the ecological environment of Angkor region. The basic information related to geotechnical engineering of this project is introduced.

• International journal of advanced smart convergence
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• v.4 no.2
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• pp.61-68
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• 2015

For a recent most companies to make efficient business management, we are using a groupware service of integrated information system of the entire group. Groupware service integrates the cooperation in excellent synergy and duplicates has been business functions of the business, through the improvement of multi-purpose business processing capacity, there is an advantage of reduced operating costs. However, if the parent company and subsidiary, or to handle common tasks such information agency, which may cause differences in the format of the data passed in the case of a need to provide a document. Therefore, in this paper, in order to solve the heterogeneity problem in data between groups, the data system of the hub base of the cloud is provided. The proposed system is intended to improve the groupware environment including the interoperability of integrated standardized environmental data sharing service.

• Journal of Distribution Science
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• v.15 no.5
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• pp.17-28
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• 2017

Purpose - Considering the environmental issues in corporate management is now a necessity, not an option. In addition, consumers' interest in health and environment has increased rapidly. This study aims to investigate how the management style that pursues environmental protection affects the various outcomes at each management process such as planning, producing and supervising process. Research design, data, and methodology - We surveyed 319 manufacturing companies from April 1 to April 30, 2016. Green purchasing, environmental technology management and management support are selected as independent variables and firm performances as dependent variables. Three analyses including factor, regression and moderating were conducted. Results - Regression analysis was performed to set up hypotheses. Consequently, the total six hypotheses were adopted and then innovative management style showed moderating effect. Conclusions - Companies should consider environmental factors to improve the financial performance in the long term. Especially the cooperative style enhances financial performance by implementing eco-friendly design in cooperation with customers. Also, eco-friendly activities with suppliers could have direct environmental protection effects. Therefore, a manufacturer needs to cooperate with both suppliers and customers to maximize the protection effect. The production of eco-friendly products and implementing eco-friendly design with customers positively affect product quality.