• Title/Summary/Keyword: mergers

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The Entry Modes Strategy in FDI: Expansion of Korean Retailers into China and Indonesia

  • Kang, Min-Jeong;Kim, So-Hyung
    • Journal of Distribution Science
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    • v.12 no.7
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    • pp.45-51
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    • 2014
  • Purpose - This study aims to explore the success of Lotte Mart in the global market, as well as examining the factors related to its entry methods. Research design, data, and methodology - This study analyzed the differences between Lotte Mart and E-mart in terms of their market entry methods, based on references and secondary data. This study is based on qualitative research that analyzes actual cases. Based on the results, this study analyzed and discussed actual cases based on references and secondary data, including newspaper interviews on Lotte Mart. Results - Lotte Mart succeeded in adapting to local markets it did this by ensuring the use of both mergers and acquisitions (M&As) and greenfield methods. In contrast, E-mart utilized only greenfield methods. Conclusions - The findings of this study may not be generalized to all industries, as only Lotte Mart was examined using the case analysis method. Therefore, the successful market entry modes of various companies should be explored in terms of FDI.

POSSIBLE MERGER SIGNATURE IN SZ MAPS

  • KOCH PATRICK
    • Journal of The Korean Astronomical Society
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    • v.37 no.5
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    • pp.471-476
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    • 2004
  • We propose an analytical model to estimate the influence of a merger on the thermal SZ effect. Following observations we distinguish between subsonic and transonic mergers. Using analytical velocity fields and the Bernoulli equation we calculate the excess pressure around a moving subcluster for an incompressible subsonic gas. Positive excess around the stagnation point and negative excess on the side of the subcluster lead to characteristic signatures in the SZ map, of the order of $10\%$ compared to the unperturbed signal. For a transonic merger we calculate the change in the thermal spectral SZ function, resulting from bow shock accelerated electrons. The merger shock compression factor determines the power law tail of the new non-thermal electron population and is directly related to a shift in the crossover frequency. This shift is typically a few percent towards higher frequencies.

Alignments of interacting haloes in the Horizon run 4 simulation

  • L'Huillier, Benjamin;Park, Changbom;Kim, Juhan
    • The Bulletin of The Korean Astronomical Society
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    • v.40 no.2
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    • pp.29.2-29.2
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    • 2015
  • Interactions such as mergers and flybys play a fundamental role in shaping galaxy morphology. We used the Horizon Run 4 cosmological N-body simulations to study the aligments of spins and shapes of interacting haloes as a function of the halo mass and large-scale density. Interactions preferentially occur in the plane of rotation, and in the direction of the major axis of prolate haloes, and the trajectories are preferentially radial and prograde. We found a very strong alignment of the shapes already at redshift as high as 4. The spins are initially unaligned or even anti-aligned, and become more and more aligned as the redshift decreases. The alignment signals are stronger and evolve more at lower densities, and mass plays a secondary role.

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Evolution of the central molecular zone in interacting barred galaxies

  • Hwang, Jeong-Sun;Shin, Jihye;Chun, Kyungwon;Kim, Sungsoo S.
    • The Bulletin of The Korean Astronomical Society
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    • v.40 no.2
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    • pp.35.3-35.3
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    • 2015
  • The central molecular zone (CMZ) is a region of rich molecular gas located in the inner few hundred parsecs in barred spiral galaxies. We study the size and morphology evolution of the CMZ of Milky Way-like galaxies both in isolation and in interaction by using N-body/hydrodynamic simulations. Specifically, we examine the gas flows and star formation activities in the central region of the galaxies. We focus in particular on the effects of galaxy interactions, including flybys and minor mergers, on the evolution of the CMZ.

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The Effects of Bank Mergers in Korea (국내 은행간 합병의 효과분석)

  • Kim, Dae-Ho
    • The Korean Journal of Financial Management
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    • v.17 no.1
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    • pp.283-306
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    • 2000
  • 최근 국내에서는 은행산업의 구조조정과 부실은행의 정리과정에서 은행합병이 실시되었다. 1998년 6월 5개 은행이 퇴출되었고 이들 은행의 우량자산과 부채는 계약이전 방식에 의하여 우량은행들에게 인수되었다. 이어 1999년 1월부터 상업은행과 한일은행이 한빛은행으로, 하나은행과 보람은행이 하나은행으로 그리고 국민은행과 한국장기신용은행이 국민은행으로 합병되었다. 1999년 9월에는 조흥은행, 강원은행 및 충북은행이 합병을 실시하였다. 본 연구에서는 최근 실시된 국내 은행간 합병의 효과를 살펴보기 위하여 합병시점을 전후하여 위험성과 수익성 및 비용효율성을 비교 분석하였다. 합병은행과 자산부채이전(P&A) 방식의 인수은행으로 표본은행을 구분하고 합병효과를 분석하였는데 합병은행의 경우 합병후 수익성이 대체로 증가하나 위험도 증가하는 것으로 나타났다. 자산부채이전방식의 경우 합병후 위험이 증가하였으며 수익성은 대체로 악화되는 것으로 나타났다. 비용효율성 분석에 있어서 합병은행의 경우 합병전 기간에 비용감소를 보였으나 합병후에는 뚜렷한 비용감소가 없었는데 자산 부채이전 방식의 인수은행은 합병후 비용감소를 보였다.

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The Development of Component-Based SCM System to be integrated with Heterogeneous ERP (이기종 ERP 연동되는 컴포넌트형 SCM 시스템 개발)

  • Chang, Kyung-Won;Choi, Jung-Won;Yeo, Sung-Joo;Wang, Gi-Nam
    • IE interfaces
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    • v.12 no.4
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    • pp.635-642
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    • 1999
  • Recently, business application vendors have responded to customer demand with several technological and organizational changes for reflecting network-oriented process flow with electronic communication and expanding their market. In organizational changes. Vendors are adding new functionality to their core offerings through mergers and acquisitions, or by partnering with front-office operation and SCM vendors. And technological changes are embracing the development of component-based application and middleware technology to be possible with integration of their function modules. We will present the design and development process of component-based SCM system to be integrated with heterogeneous ERP under implementation. Especially, we survey and analyze the technology related with CBD(Component-Based Development) to be adapted this research - component's design and methodology, the interface for component integration, middleware's development methodology of Enterprise Middleware vendo to bundle various types of middleware into a single package product with easy-to-use interface.

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A Framework for Analysis of Systems Failure in Information Systems Integration

  • Kim, Han-Gook;Iijima, Junichi;Ho, Sho
    • Industrial Engineering and Management Systems
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    • v.4 no.2
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    • pp.207-217
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    • 2005
  • Business mergers are a direct result of rapid changes in the current corporate environment. They are occurring in many industries, including financial institutions. As information systems prove increasingly indispensable in the integration of companies’ business systems, information system integration is becoming increasingly necessary. However, in many cases such integration does not work well. Therefore, this paper proposes a new framework using both IS integration model and IS integration phases to analyze systems failure in IS integration.

Economics Crisis and Response: Case Study of Malaysia's Responses to Asian Financial Crisis

  • Furuoka, Fumitaka;Lim, Beatrice;Jikunan, Catherine;Lo, May Chiun
    • Journal of Contemporary Eastern Asia
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    • v.11 no.1
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    • pp.43-56
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    • 2012
  • The paper chooses the "Asian Financial Crisis" as a case study to examine its impact on Malaysian economy and describes how Malaysian government responded to the crisis. It also focuses on the Asian financial crisis' impact on the employment of banking sector in Malaysia. In the finance, insurance, real estate and business service sector, a number of 6,596 workers were retrenched. Banks were forced into mergers and acquisition as well as downsizing, trim lean, organizational changes and introduction of new technologies. Excess workers were offered a "voluntary separation scheme." These retrenched workers became the urban poor facing high cost of living and no opportunity for jobs as there is no safety net provided.

Spatial distrbibution of star formation in extremely strong $H{\alpha}$ emitters

  • Shim, Hyunjin;Chary, Ranga Ram
    • The Bulletin of The Korean Astronomical Society
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    • v.39 no.2
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    • pp.65.1-65.1
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    • 2014
  • We present Palomar/SWIFT integral field spectroscopy of z~0.2 strong $H{\alpha}$ emitters identified in the Sloan Digital Sky Survey. The large Halpha equivalent widths as well as the huge specific star formation rates of these galaxies are comparable with that of z>4 Lyman break galaxies, thus understanding the gas kinematics and the distribution of massive stars in these systems will help to obtain a better understanding of high-redshift star forming environments and the growth of massive galaxies. We measure the velocity dispersion across the entire galaxy, estimate the number density and the spatial distribution of massive stars from the emission line morphologies. The role of minor mergers in powering star formation is investigated as an alternative to cold flow driven star formation.

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Demographics of galactic bulges in the local Universe through UV and Optical windows

  • Kim, Keunho;Oh, Seulhee;Jeong, Hyunjin;Yi, Sukyoung K.
    • The Bulletin of The Korean Astronomical Society
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    • v.39 no.2
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    • pp.47.2-47.2
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    • 2014
  • Bulges of galaxies are thought to have formed and grown at least in part through galaxy mergers, and thus an accurate derivation of their properties can be an effective course to test/confirm our understanding on their formation and evolution in the standard hierarchical merger paradigm. We have generated a sample of galaxy bulges (n = 15,423) in the nearby (0.005 < z < 0.05) universe from the SDSS DR7 and GALEX GR6plus7 databases and derived their structural and photometric properties by means of SExtractor and GALFIT application. Most notable properties include bulge-to-total luminosity ratio, effective radius, disk scale length, ellipticity, and position angle. The UV properties of the bulges have also been analyzed to infer their recent star formation history. A spectroscopic analysis has been performed using their absorption and emission line strengths measured and released by the OSSY team. We present our preliminary results from our investigation mainly focused on stellar population properties and discuss their implications on the formation of bulges.

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