• Korea Trade Review
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• v.46 no.3
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• pp.65-79
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• 2021

This paper investigates how corporate governance characteristics are related to long-term corporate survival in an emerging economy. We used the data of 311 companies listed on the Korean Stock Exchange (KSE) in 1979 and examined the survival chances of those companies through the IMF crisis in 1998, upon governance characteristics that are expected to increase long-term strategic orientations. We utilized Cox regression model for the analysis. The results indicate that firms with particular governance characteristics that may be tied to CEO's long-term orientations show higher long-term survivability. Specifically, the probability of a firm's long-term survival is increased when founding family ownership is sustained, the company ownership is concentrated, and the CEO is the largest shareholder. This study has significance in that it is one of initial tries to examine the impact of corporate governance on long-term corporate survival with large scale statistical analysis. Also, the study findings provide some clues as to why the portion of family firms in emerging economies is continuously increased, thus providing meaningful insights to corporate governance literature.

• Journal of Environmental Science International
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• v.22 no.10
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• pp.1305-1316
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• 2013

A long-term wind resource map was made to provide the key design data for the 2.5 GW Korean West-South Offshore Wind Project, and its reliability was validated. A one-way dynamic downscaling of the MERRA reanalysis meteorological data of the Yeongwang-Gochang offshore was carried out using WindSim, a Computational Fluid Dynamics based wind resource mapping software, to establish a 33-year time series wind resource map of 100 m x 100 m spatial resolution and 1-hour interval temporal resolution from 1979 to 2012. The simulated wind resource map was validated by comparison with wind measurement data from the HeMOSU offshore meteorological tower, the Wangdeungdo Island meteorological tower, and the Gochang transmission tower on the nearby coastline, and the uncertainty due to long-term variability was analyzed. The long-term variability of the wind power was investigated in inter-annual, monthly, and daily units while the short-term variability was examined as the pattern of the coefficient of variation in hourly units. The results showed that the inter-annual variability had a maximum wind index variance of 22.3% while the short-term variability, i.e., the annual standard deviation of the hourly average wind power, was $0.041{\pm}0.001$, indicating steady variability.

• Nuclear Engineering and Technology
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• v.49 no.5
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• pp.953-967
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• 2017

In this paper, a complete station blackout (SBO) or complete loss of electrical power supplies is simulated and analyzed in a downward cooling 5-MW pool-type Material Testing Reactor (MTR). The scenario is traced in the absence of active cooling systems and operators. The code nodalization is successfully benchmarked against experimental data of the reactor's operating parameters. The passive heat removal system includes downward water cooling after pump breakdown by the force of gravity (where the coolant streams down to the unfilled portion of the holdup tank), safety flapper opening, flow reversal from a downward to an upward cooling direction, and then the upward free convection heat removal throughout the flapper safety valve, lower plenum, and fuel assemblies. Both short-term and long-term natural core cooling conditions are simulated and investigated using the RELAP5 code. Short-term analyses focus on the safety flapper valve operation and flow reversal mode. Long-term analyses include simulation of both complete SBO and long-term operation of the free convection mode. Results are promising for pool-type MTRs because this allows operators to investigate RELAP code abilities for MTR thermal-hydraulic simulations without any oscillation; moreover, the Tehran Research Reactor is conservatively safe against the complete SBO and long-term free convection operation.

• Proceedings of the Korea Technology Innovation Society Conference
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• 2001.05a
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• pp.547-553
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• 2001

A ideal Methodology is a technology that efficiently utilize outputs of research and development (R&D). "Liquid Metal Reactor Design. Technology Development" is under development in Korea Atomic Energy Research Institute (KAERI) as on of the Mid-Term and Long-Term Nuclear R&D by MOST. To upgrade the productivity of the R&D during long period, system type project have been accomplished within plant period through schedule management by phase, outputs auditing, sharing and constructing database.

• Journal of East-West Nursing Research
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• v.26 no.1
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• pp.28-38
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• 2020

Purpose: The aim of this study was to provide information on the extent and variations of elderly residents' nursing care needs, and provision of nursing care across long term care facilities. Methods: A nationwide survey was conducted on nurse managers from 1,041 long term care facilities, by e-mail or fax, from August 16 to September 30 in 2017. A self-reported questionnaire consisting of 5 domains was used to collect data. Results: Facilities with more than 30 residents were more likely to need skilled nursing services and to obtain the nursing staff such as a registered nurse and a nurse's aide. Awareness and satisfaction of hospital-based home nursing care was high in all facilities. In addition, there are some differences in nurse managers' perceptions of the level of healthcare resources and required action by facility size. Nurse managers of senior congregate housings were more likely to have considerable difficulty in dealing with healthcare needs of residents and recognizing the healthcare resource shortage. A majority of nurse managers agreed on the need to employ a registered nurse. Conclusion: This study confirmed that it is essential to increase nurse staffing level and to reform the long term care insurance for enhancing the accessibility of healthcare services, especially for the residents in small long term care facilities. There is also a need to provide diverse education and training opportunities for nursing staff working in long term care facilities.

• The Bulletin of The Korean Astronomical Society
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• v.44 no.1
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• pp.52.3-52.3
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• 2019

We investigate a relative contribution from short to long-term flaring rate to predicting M and X-class flare probabilities. In this study, we consider magnetic parameters summarizing distribution and non-potentiality by Solar Dynamics Observatory/Helioseimic and Magnetic Imager and flare list by Geostationary Operational Environmental Satellites. A short-term rate is the number of major flares that occurred in an given active region (AR) within one day before the prediction time. A mid-term rate is a mean flaring rate from the AR appearance day to one day before the prediction time. A long-term rate is a rate determined from a relationship between magnetic parameter values of ARs and their flaring rates from 2010 May to 2015 April. In our model, the predicted rate is given by the combination of weighted three rates satisfying that their sum of the weights is 1. We calculate Brier skill scores (BSSs) for investigating weights of three terms giving the best prediction performance using ARs from 2015 April to 2018 April. The BSS (0.22) of the model with only long-term is higher than that with only short-term or mid-term. When short or mid-term are considered additionally, the BSSs are improved. Our model has the best performance (BSS = 0.29) when all three terms are considered, and their relative contribution from short to long-term rate are 19%, 23%, and 58%, respectively. This model seems to be more effective when predicting active solar ARs having several major flares.

• Journal of Korean Society on Water Environment
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• v.29 no.3
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• pp.343-353
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• 2013

Flow duration curve (FDC) can be developed by linking the daily flow data of stream flow monitoring network to 8-day interval flow data of the unit watersheds for the management of Total Maximum Daily Loads. This study investigated the applicable method for the development of long term FDC with the selection of the stream flow reference sites, and suggested the development of the FDC in 4 river basins. Out of 142 unit watersheds in 4 river basins, 107 unit watersheds were shown to estimate daily flow data for the unit watersheds from 2006 to 2010. Short term FDC could be developed in 64 unit watersheds (45%) and long term FDC in 43 unit watersheds (30%), while other 35 unit watersheds (25%) were revealed to have difficulties in the development of FDC itself. Limits in the development of the long term FDC includes no stream monitoring sites in certain unit watersheds, short duration of stream flow data set and missing data by abnormal water level measurements on the stream flow monitoring sites. To improve these limits, it is necessary to install new monitoring sites in the required areas, to keep up continuous monitoring and make normal water level observations on the stream flow monitoring sites, and to build up a special management system to enhance data reliability. The development of long term FDC for the unit watersheds can be established appropriately with the normal and durable measurement on the selected reference sites in the stream flow monitoring network.

• Ocean and Polar Research
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• v.25 no.spc3
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• pp.385-392
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• 2003

A new type of soft ground breakwater was recently developed, which does not need ground improvement because of light weight and structural characteristics. The various studies about consolidation settlements and lateral behavior of proposed soft ground breakwater have been conducted. But, the systematic investigations on the construction performance and long-term settlements of new type breakwater has not been accomplished. In this study, construction simulation of soft ground breakwater with soil box model test and experiments of the long-term wave loaded breakwater were performed. The results of test shows that it is possible to compensate differential settlements by dead loading and/or suction pressure, and to reduce the consolidation settlements by preloading method. It was also found that the vertical and lateral displacements of long-term wave loaded breakwater were negligible.

• Health Policy and Management
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• v.23 no.2
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• pp.132-144
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• 2013

Background: The purpose of this study was to analyze the medical expense change and influencing factors after introducing longterm care insurance system. The study period was 2 years before and after introduction of the system. Methods: We analyzed data collected from two divided group lived in Incheon. Four hundred and eighty-five elderly who received long-term care wage for one year were selected for experimental group. For control group, 1,940 elderly were selected by gender and age stratified random sampling. Difference-In-difference analyses was used for evaluating policy effectiveness. Also multiple regression analyses were conducted to identify the factors associated with total medical expenditures. The control variables were demographic variables, economic status, diseases, and medical examination variables. Results: Difference-in-difference analyses showed that total average medical expenses among long-term patients has decreased by 61.85%. Of these, the hospitalization expenses have decreased by 91.63% and the drug expenses have increased by 31.85%. Multiple regression analyses results showed that total average medical expenses among long-term patients have significantly decreased by 46.5% after introducing the long-term care insurance. The hospitalization expenses have significantly decreased by 148.5%, whereas the drug expenses have increased by 53.6%. And outpatient expenses have increased by 10.4%, but the differences were not statistically significant. Conclusion: The results showed that total medical expenses and hospitalization expenses have decreased after introducing the long-term care insurance. These results could support the opinion that the health insurance spending among long-term patients will be reduced gradually by long-term care insurance through changing medical demand.

• Health Policy and Management
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• v.30 no.4
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• pp.522-530
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• 2020

Background: In 2008, Korea implemented a new type of social insurance known as "long-term care insurance". We examined the association between ownership of long-term care facilities and the incidence of pressure ulcers after the implementation of "long-term care insurance". This study is a population-based retrospective cohort study from 2006 to 2013. Methods: We used medical claims data from the Korean National Health Insurance Corporate Elderly Cohort Database from 2006 to 2013. These data comprise a nationally representative sample. To avoid confounders, only patients admitted to one long-term care facility and who stayed for >70% of the follow-up time were included; as a result, 3,107 individuals were enrolled. The main independent variable was the operating entity of the long-term care facility (local government, corporate bodies, and private for-profit owners), and the dependent variable was the 1-year incidence of pressure-ulcers. Survival analysis (Cox proportional hazard model) was used as an analysis method. Results: Compared to patients admitted to local government long-term care facilities, patients admitted to private long-term care facilities had a significantly higher 1-year risk of pressure ulcers (hazard ratio [HR], 1.94; 95% confidence interval [CI], 1.29-2.91); the risk was especially high among patients who were cognitively dependent (HR, 2.34; 95% CI, 1.25-4.37). Conclusion: Patients admitted to private for-profit long-term care facilities were more likely to have pressure ulcers compared to those in local government and corporate body long-term care facilities. Appropriate assessment tools and publicly available information, as well as more restricted legal requirements, are needed to improve the care quality and outcomes of patients in long-term care facilities.