• The Bulletin of The Korean Astronomical Society
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• v.39 no.1
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• pp.78.1-78.1
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• 2014

Pulsar binaries in tight orbits are considered to emit strong gravitational waves (GWs) during the last stage of their coalescences. They form a subset of compact binary mergers, which consists of white dwarfs (WDs), neutron stars (NSs), or black holes (BHs). One of the most famous example of 'merging' pulsar binaries is the Hulse-Taylor pulsar (PSR B1913+16) discovered in 1974 by Russell Hulse and Joseph Taylor. About ten NS-NS and several tens of NS-WD binaries are known in our Galaxy. Merging binaries are rare and only a few NS-NS and NS-WD have been discovered to date. A pulsar with a black hole companion is also theoretically expected, but there is yet no detection. Within several years, direct detections of GWs from compact binary mergers will be made by laser interferometers. This will pave a way to study physics of compact binaries that cannot be reached by electromagnetic waves (EM). Pulsar binaries are of particular interest as we can use both EM and GW to probe these systems. In this talk, we present a brief overview on the Galactic pulsar populations and discuss their implications for GW detection.

• Journal of applied mathematics & informatics
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• v.40 no.3_4
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• pp.563-575
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• 2022

Many organizations seek statistical modelling facilitated by data analytics technologies for determining the prediction models associated with M&A (Merger and Acquisition). By combining these data analytics tool alongside with data collection approaches aids organizations towards M&A decision making, followed by achieving profitable insights as well. It promotes for better visibility, overall improvements and effective negotiation strategies for post-M&A integration. This paper explores on the impact of pre and post integration of M&A in a standard organizational setting via devising a suitable statistical model via employing techniques such as Naïve Bayes, K-nearest neighbour (KNN), and Decision Tree & Support Vector Machine (SVM).

• The Bulletin of The Korean Astronomical Society
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• v.46 no.2
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• pp.67.3-67.3
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• 2021

Shocks are induced in the intracluster medium by mergers of subclusters during the hierarchical structure formation of the universe. Radio relics detected in the outskirts of galaxy clusters have been interpreted as diffuse synchrotron emission from cosmic ray electrons accelerated at such merger shocks. Using a set of cosmological hydrodynamic simulations, we study how the properties of merger-driven shocks depend on the parameters such as the mass ratio and impact parameter of mergers. In particular, we examine the distribution of the Mach number and energetics of shocks associated with synthetic radio relics in simulated merging clusters. In this poster, we will present the preliminary results and the implications.

• The Bulletin of The Korean Astronomical Society
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• v.46 no.2
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• pp.45.2-45.2
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• 2021

Merging of two supermassive black holes would generate gravitational waves that can be detected by the Pulsar Timing Array (PTA) in the nHz band. In order to assess the plausibility of GW detection with PTA and to develop the data analysis scheme, it is important to understand the underlying properties of black holes and black hole binaries. In this work, we present mass and redshift distributions of black hole mergers using the Horizon Run 5 (HR5) data and discuss their implications for GW detection. We find a general conjecture about the black hole merger tree is true with the Horizon Run 5. For example, a) relatively lighter black holes merge at higher redshifts and b) binary mergers do contribute to the formation of more massive black holes toward low redshifts. We also present our plan to use the black hole properties extracted from the HR5 data in order to generate simulated GW signals to be injected into actual PTA data analysis pipelines. Mass and distance obtained from the HR5 would be key ingredients to generate a more realistic PTA source data set.

• The Bulletin of The Korean Astronomical Society
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• v.37 no.1
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• pp.36.2-36.2
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• 2012

The aim of this study was to explore the role of galaxy mergers on the formation and evolution of galaxies in galaxy clusters. For this purpose, u', g', r' deep optical imaging and multi-object spectroscopic observation were done for four rich Abell clusters at z ${\lesssim}$ 0.1 (A119, A2670, A3330, and A389) with a MOSAIC 2 CCD and Hydra spectrograph mounted on a Blanco 4-m telescope at CTIO. With the deep images, we found that about 25% of the bright red-sequence galaxies exhibited post-merger signatures in a cluster environment. This fraction was much higher than what was expected from the results of the field environment (-35%, van Dokkum 2005) and significantly low on-going merger fractions (about one-fifth of the field) appeared in the clusters currently. Taking advantage of the most up-to-date semi-analytic model, the results indicate that most of the post-merger galaxies may have carried over their merger features from their previous halo environment. All the brightest cluster galaxies in our cluster samples revealed faint structures in their halos as well as multiple nuclei in their centers seen in the deep optical images. We suggest that the mass of the BCGs increased mainly though major mergers at recent epochs based on their post-merger signatures and the large gaps in the total magnitudes between the BCGs and the second-rank BCGs. A UV bright tidal tail and tidal dwarf galaxy (TDG) candidates around the post-merger galaxy, NGC 4922, were discovered in the outskirts of the Coma cluster using the GALEX UV data. We did two-component stellar population modeling for the TDG candidates and the results indicate that they are an early form of dwarf galaxies frequently found around massive early-type galaxies in clusters. In conclusion, we suggest that the mergers of galaxies are an important driving force behind galaxy formation and evolution in cluster environments even until recent epochs.

• The Bulletin of The Korean Astronomical Society
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• v.43 no.1
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• pp.33.1-33.1
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• 2018

The differential rotational properties of early-type galaxies (ETGs) revealed by integral field spectroscopy surveys is arguably one of the most exciting findings in the galaxy evolution study during the past decade. Numerical studies have shown that galaxy mergers under various configurations can reproduce the observed distribution of ETG spin. However, we suggest an alternative scenario for the spin evolution of a large fraction of ETGs. Using the Horizon-AGN simulation, we follow the spin evolution of 10037 color-selected ETGs more massive than 1010 Msun that are divided into four groups: cluster centrals (3%), cluster satellites (33%), group centrals(5%), and field ETGs (59%). We find a strong mass dependence of the slow rotator fraction, fSR, and the mean spin of massive ETGs. Although the environmental dependence is not clear in the fSR, it is visible in the mean value of the spin parameter. The environmental dependence is driven by the satellite ETGs whose spin gradually decreases as their environment becomes denser. Galaxy mergers appear to be the main cause of total spin changes in 94% of central ETGs of halos with Mvir > 1012.5 Msun, but only 22% of satellite and field ETGs. We find that non-merger induced tidal perturbations better correlate with the galaxy spin-down in satellite ETGs than mergers. Given that the majority of ETGs are not central in dense environments, we conclude that non-merger tidal perturbation effects played a key role in the spin evolution of ETGs observed in the local (z < 1) universe.

• The Bulletin of The Korean Astronomical Society
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• v.41 no.1
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• pp.40.1-40.1
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• 2016

Recent integral-field spectrograph surveys have found that similar-looking early type galaxies have wide range of rotational properties (Emsellem et al. 2007). This finding initiated a new point of view to the galaxies; rotation of galaxy as the first parameter of galaxy classification (Emsellem et al. 2011, Cappellari et al. 2011, for example). Some theoretical studies tried to address the origin of galaxy rotation. Idealized galaxy merger simulations have shown that galaxy-galaxy interactions have significant effects on the rotation of galaxies. Cosmological simulations by Naab et al. 2014 also added some more insights to the rotation of galaxies. However, previous studies either lack cosmological background or have not enough number of samples. Running a set of cosmological hydrodynamic zoom-in simulations using the AMR code RAMSES(Teyssier 2002). we have constructed a sample of thousands of galaxies in 20 clusters. Here we present a kinematic analysis of a large sample of galaxies in the cosmological context. The overall distribution of rotation parameter of simulated galaxies suggests a single peak corresponding to fast rotating galaxies. But when divided by mass, we find a strong mass dependency of galaxy rotation, and massive galaxies are distinctively slow rotating. The cumulated effective of mergers seems to neutralize galaxy rotation as suggested by previous studies (Khochfar et al. 2011, Naab et al. 2014, and Moody et al. 2014). This is consistent with the fact that massive galaxies tend to rotate more slowly after numerous mergers. However, if seen individually, merger can either increase or decrease galaxy rotation depending on mass ratio, orbital parameter, and relative rotation axis of the two galaxies. This explains the existence of some non-slow rotating massive early type galaxies.

• The Korean Journal of Financial Management
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• v.21 no.2
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• pp.1-25
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• 2004

From the perspective of corporate governance, we examine the acquirers' performance of mergers and acquisitions. The empirical results of our study show that outside active shareholders, such as block shareholders or institutional shareholders, affect acquirers' performance in M&A's : the ownership of outside active shareholders is positively correlated with the performance of acquirers. However, the ownership of insiders, such as that of encumbent manners or major shareholders, does not have any significant effect on the performance of M&A's. We also found that the ownership of foreign investors increased its explanatory power after the financial crisis of Asia. Since the current literature concludes that the improvement of corporate governance would enhance the shareholders' wealth, the results of our study implies that outside active investors, rather than insiders, are playing an important role in the corporate governance.

• Journal of Digital Convergence
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• v.17 no.8
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• pp.61-69
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• 2019

This study analyzed the process of university mergers that took place in Finland and Norway in order to present policy implications for the Korean government considering university merger as an effective policy instrument for restructuring of the Korean higher education system. Based on reviewing the previous literature and related documents, researchers conducted a comparative case study on the context, strategies, and outcomes of the implementation of university merger policies of the two countries. The results of analyses suggested that combination of government's clear direction-setting and enhanced autonomy of merging institutions was essential for successful mergers. Considerations on upgrading the structure of the whole higher education sector to meet new needs of the future society were also suggested.

• KDI Journal of Economic Policy
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• v.12 no.3
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• pp.153-172
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• 1990

The present paper investigates the potential value of strategic antitrust policy in an oligopolistic international market. The market is characterized by a non-cooperative Cournot-Nash equilibrium and by asymmetry in costs among firms in the world market. The model is useful for two reasons. First, it is important in the context of policy-making to examine the conditions under which it may be beneficial to relax antitrust law to enhance competitiveness. Second, the explicit derivation of the level of cost-saving required for a gain in total domestic surplus provides an empirical rule for excluding industries that do not satisfy the requirements for a socially beneficial antitrust exemption. Results of the analysis include a criterion that tells how the cost-saving and concentration effects of a merger offset each other. The criterion is derived from fairly general assumptions on demand functions and is simple enough to be applied as a part of the merger guidelines. Another interesting policy implication of our analysis is that promoting mergers would not be a beneficial strategy in a net importing industry where cost-saving opportunities are thin. Cost-saving domestic mergers are more likely to increase national welfare in exporting industries. The best candidate industries for application of strategic antitrust policy are those with the following characteristics: (i) a large potential for efficiency enhancement; (ii) high market concentration at the world but not the domestic level; (iii) a high ratio of exports to imports. Recently, many policymakers and economists in Korea have also come to believe that the appropriate antitrust policy in an era of increased foreign competition may actually be to encourage rather than to prohibit domestic mergers. The Industry Development Act of 1986 and the proposed bill for Mergers and Conversions in the Financial Industry of 1990 reflect this changing perspective on antitrust policy. Antitrust laws may burden domestic firms in the sense that they have a more constrained strategy set. Expenditures to avoid antitrust attacks could also increase costs for domestic firms. But there is no clear evidence that the impact of antitrust policy is significant enough to harm the competitiveness of domestic firms. As a matter of fact, it is necessary for domestic financial institutions to become large in scale in this era of globalization. However, the absence of empirical evidence for efficiency enhancement from mergers suggests caution in the relaxation of antitrust standards.