• Title/Summary/Keyword: problem in controlling

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Family Firms and Stock Price Crash Risk (가족기업과 주가급락위험)

  • Ryu, Hae-Young;Chae, Soo-Joon
    • Asia-Pacific Journal of Business
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    • v.10 no.4
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    • pp.77-86
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    • 2019
  • The purpose of this study is to examine how the characteristics of family firms affect stock price crash risk. Prior studies argued that the opacity of information due to agency problem causes a plunge in stock prices. The governance characteristics of family firms can increase information opacity which leads to crash risk. Therefore, this study verifies whether family firms have a high possibility of stock price crash risk. We use a logistic regression model to test the relationship between family firms and stock price crash risk using listed firms listed on the Korean Stock Exchange during the fiscal years 2011 through 2017. The family firm is defined as the case where the controlling shareholder is the chief executive officer or the registered executive. If the controlling shareholder's share is less than 5%, it is not considered a family business. We found that family firms are more likely to experience a plunge in stock prices. This supports the hypothesis of this study that passive information disclosure behavior and information opacity of family firms increase stock price crash risk.

The Effect of Metastrategic Activities on 7th Grade Students' Variable Controlling Abilities (중학교 1학년 학생들의 변인통제 능력 향상을 위한 메타전략 활동의 효과)

  • Jeong, Jin-Woo;Jang, Myoung-Duk;Cheong, Cheol;Heo, Byung-Cheol
    • Journal of the Korean earth science society
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    • v.24 no.7
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    • pp.604-613
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    • 2003
  • The purpose of this study was to investigate the effect of a metastrategic activity on the development of student variable controlling abilities. Three groups of seventh graders at a middle-school in the City of Daegu participated in this study: a metastrategy activity group (ME), a problem-solving activity group (PR), and a control group (CO). The ME group was given metastrategy activity worksheets, which required students to monitor, control, and evaluate variable control strategies in a specified situation. The PR group was given problem-solving activity worksheets, which were needed to solve problems in various situations. The results were seen as follows. First, the metastrategy activity group showed better achievement (p<.05) and a longer standing effect (p<.01) than the other groups in the development of variable control ability. The problem-solving activity group was more effective than the control group (p<.05) in the development of variable controlled ability, but there was no lasting effect of the acquired ability. Second, the metastrategic activity group was more effective than the problem-solving activity group in finding fixed variables (p<.01), but not as effective in uncovering independent variables. What is not transferred to the development of the ability to find dependent variables.

Needs on the living environments in Daejon City (대전시 노인의 거주환경에 대한 요구)

  • 이지숙
    • Proceedings of the Korean Institute of Interior Design Conference
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    • 2003.05a
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    • pp.50-53
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    • 2003
  • The increasing elderly population and elderly household are very serious problem in our time. They are weaker physically and mentally than they were in the past. There is hardly a house with floor and facility design for them. So the purpose of this study is to find the need of the elderly for the living condition in Daejeon city. Their needs of interior are invested by questionnaire for elderly over 65 years old. Remarkably, they are not unsatisfied the present condition in spite that it is not agreeable in fact. The informations, for example the equipments and remodeling, to make their life more conveniently are not noticed to them fully. And they point up the emergency bell, the handiness of controlling windows, getting rid of the difference of thresholds, non-slip materials, grab bars around the a chamber pot and the expediency of controlling a tap as important things to select a house. First of all the sensitive considerations to make their living comfortable by designers are needed absolutely and the publicity work to notice the beneficial inform for them is needed.

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Effects of Surface and Core Problems in Marriage on Dysfunctional Communication Behaviors in Marital Arguments : Focusing on Married Women (결혼생활의 표면적 문제와 핵심 문제가 부부싸움에서 사용하는 역기능적 의사소통 행동에 미치는 영향 : 기혼여성을 중심으로)

  • Kwon, Yoona;Kim, Deuksung
    • Journal of Families and Better Life
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    • v.31 no.4
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    • pp.1-14
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    • 2013
  • The current study examined the ability to predict Gottman's four dysfunctional communication behaviors during marital arguments based on the level of surface and core problems in marriage. Core problems were composed of three factors: caring, power, and commitment problems. A self-report questionnaire was administered to 182 married women residing in Busan. The results of multiple regression analyses revealed that a woman's degree of criticism was predicted by surface and caring problems when controlling for the other variables. The degree of contempt was predicted by a commitment problem as well as surface and caring problems. Defensiveness was determined only by a commitment problem, while stonewalling was determined only by a power problem. Overall, these results showed the importance of core problems in understanding the causes of the four dysfunctional communication behaviors - especially contempt - and suggested that additional attention should be given to a commitment problem as a contributor to the expression of contempt and defensiveness.

Family Ownership and Firm Value : Perspective to Related-party Transaction and Wealth Transfer

  • Kim, Dong-Wook;Kim, Byoung-Gon;Youn, Myoung-Kil
    • Journal of Distribution Science
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    • v.15 no.4
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    • pp.5-13
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    • 2017
  • Purpose - This research analyzes the effects of Korean family ownership characteristics on firm value. The positive and negative effects of family ownership on Korean firm value were analyzed. If negative effects are evident, this research explores the factors that cause a decrease in firm value. Research design, data, and methodology - The study examined a total of 5,743 companies listed on the Korea Exchange from the period 2002 to 2012 using a panel data regression analysis. Result - An empirical analysis suggests that Korean family ownership diminishes firm value. Korean family firm value has been reduced when controlling shareholders are participated in management and pursue excessive wages, or make the management entrenchment effects associated with ownership-control disparity. When the controlling shareholders of family firms have increasing control rights over the shareholders' general meeting and the directors' board, the agency costs associated with seeking increasing executive wages or private benefits reduce firm value. Conclusions - This study has significance because it reveals the negative effect of family ownership in Korea on firm value. These negative effects can be the result of agency problems from controlling family shareholders seeking excessive wages or ownership-control disparity.

Development of a jet air supplying welding mask for controlling welding fumes (압축공기를 이용한 용접흄 제어용 용접면(JASM)의 개발)

  • Song, Se-Wook;Kim, Jong-Gil;Ha, Hyun-Chul;Kim, Tae-Hyeung;Kim, Jong-Chul;Jung, Yu-Jin
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.10 no.2
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    • pp.98-108
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    • 2000
  • Controlling the over-exposure of welding fumes is not an easy problem because neither general nor local exhaust ventilation systems could be successfully applied. A jet air supplying welding mask was development to reduce the exposure level of welding fumes. The jet airs tream pushes the welding fumes away from the breathing zone by using the frictional characteristic of jet. Laboratory experiments were conducted to optimize the efficiency of controlling welding fumes. Thereafter, its performance was tested in a laboratory and an industrial field. The efficiencies of reducing the welding fume exposure were about 90% and 80% in a laboratory and an industrial field, respectively. Additionally, it resulted in elimination of heat inside the mask and enhancement of clear visuality.

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Risk and Protective Factors Associated With Intimate Partner Violence in a Nationally Representative Sample of Korean Men

  • Ferraresso, Riccardo
    • Journal of Preventive Medicine and Public Health
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    • v.53 no.2
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    • pp.135-142
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    • 2020
  • Objectives: In recent years, multiple studies have investigated the issue of intimate partner violence (IPV) in Korea. However, most of those studies have focused on IPV against women, while overlooking the problem of men IPV victimization. Considering this, the current study identified risk and protective factors for IPV and examined their influence on IPV victimization among Korean men. Methods: We used a nationally representative sample of 1668 Korean men from the 2013 Korea National Survey on Domestic Violence. The associations between potential IPV risk factors and different types of IPV were investigated using univariate and multivariate logistic regression. Specifically, separate analyses were conducted of 5 types of IPV (neglect, controlling behaviors, emotional violence, economic violence, and physical violence). Results: The prevalence of IPV among Korean men and women showed only marginal gender differences. Controlling behaviors (men, 23.3%; women, 23.9%) and emotional violence (men, 16.5%; women, 18.8%) were the most common types of IPV reported, followed by neglect (men, 11.2%; women, 11.7%). Separate logistic regression analyses for the 5 subtypes of IPV revealed that mutual IPV was a strong predictor of IPV. Men who abused their wives were more likely to experience neglect (odds ratio [OR], 29.24; p<0.01), controlling behaviors (OR, 36.61; p<0.01), emotional violence (OR, 58.07; p<0.01), economic violence (OR, 18.78; p<0.01), and physical violence (OR, 38.09; p<0.01). Conclusions: The findings of this study suggest that IPV intervention strategies should particularly focus on couples whose relationship is characterized by patterns of bidirectional violence.

An expert system for intelligent scheduling in flexible manufacturing cell (유연생산셀의 지능형 스케쥴링을 위한 전문가 시스템)

  • 전병선;박승규;이노성;안인석;서기성;이동헌;우광방
    • 제어로봇시스템학회:학술대회논문집
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    • 1993.10a
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    • pp.1111-1116
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    • 1993
  • In this study, we discuss the design of the expert system for the scheduling of the FMC(Flexible Manufacturing Cell) consisting of the several versatile machines. Due to the NP property, the scheduling problem of several machine FMC is very complex task. Thus we proposed the two heuritstic shceduling algorithms for solving the problem and constituted the algorithm based of solving the problem and constituted the algorithm base of ISS(Intelligent Scheduling System) using them. By the rules in the rule base, the best alternative among various algorithms in algorithm base is selected and applied in controlling the FMC. To show the efficiency of ISS, the scheduling output of ISS and the existent dynamic dispatching rule were tested and compared. The results indicate that the ISS is superior to the existent dynamic dispatching rules in various performance indexes.

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Review and Analysis of the Studies on Contexts in Science Education (과학교육에서의 상황 관련 연구에 대한 개관과 분석)

  • Song, Jin-Woong
    • Journal of The Korean Association For Science Education
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    • v.17 no.3
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    • pp.273-288
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    • 1997
  • The purpose of this study was to review the studies related to the problem of context in science education. Firstly, studies on context and context effects in science education (and also those related in cognitive psychology) were summarized according to the topics concerning science learning, such as deductive reasoning and probabilistic judgement, controlling variables, scientific inquiry skills, memory and consistency of misconceptions, selecting cognitive strategies and problem solving, achievement and momentum effect, and interest, religion and culture. Secondly, the common problems appeared from the analysis of the studies were discussed, such as (1) how to define contexts?, (2) how to classify contexts?, (3) how to characterize the effects of contexts? and (4) how to explain the context effects? Finally, the implications of the analysis of the studies on the problem of context were discussed in terms of recent development of science education, such as misconception studies, STS science education and the application of the history of science to science teaching.

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Hardware design and control method for controlling an input clock frequency in the application

  • Lee, Kwanho;Lee, Jooyoung
    • International Journal of Advanced Culture Technology
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    • v.4 no.4
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    • pp.30-37
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    • 2016
  • In this paper, the method of controlling the clock that is inputted on the hardware from the application, and the hardware design method are to be proposed. When the hardware is synthesized to the Field Programmable Gate Array(FPGA), the input clock is fixed, and when the input clock is changed, the synthesis process must be passed again to require more time. To solve this problem, the Mixed-Mode Clock Manager(MMCM) module is mounted to control the MMCM module from the application. The controlled MMCM module controls the input clock of the module. The experiment was process the Neural Network algorithm in the x86 CPU and SIMT based processor mounted the FPGA. The results of the experiment, SIMT-based processors, the time that is processed at a frequency of 50MHz was 77ms, 100MHz was 34ms. There was no additional synthesis time due to a change of the clock frequency.