• Title/Summary/Keyword: structural rules

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CORPORATE GOVERNANCE PRACTICE OF TAIWAN LISTED CONSTRUCTION COMPANIES AND ITS CORRELATION WITH INDUSTRIAL FEATURES

  • Hui-Yu Chou
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.413-419
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    • 2011
  • Corporate governance is a system articulating the division of responsibilities among different company members, and defining the running rules and procedures for making decisions on corporate affairs. The separation of ownership and management in modern enterprises brings agency problems to the company shareholders, and it is wildly believed that good practice on corporate governance is essential to prevent managers from taking actions by which profiteering their own benefits but compromising the interests of shareholders. This research investigates the level of companies' compliance with the corporate governance codes to find whether significant differences in corporate governance practice exist between the listed construction companies and the national leading companies in Taiwan. Further exploration focuses on the correlation between the compliance level and the industrial features. The investigation finds that: (1)Construction companies display lower levels of corporate governance compliance; (2)Construction companies display lower levels of structural board independence and respect for stakeholders; (3)Compliance levels of construction companies are correlated with the number of employees and the ownership concentration; (4)Compliance levels of the whole sample companies are correlated with the factors representing firm size, such as turnover, capital and number of employees, but are independent of profitability as well as stock price volatility. The above empirical evidence characterizes the features of corporate governance in Taiwan listed construction companies, including: (1)Large companies lurking high risk of agency problems have more willingness to conduct corporate governance and meanwhile can afford higher costs for the conduction, so that their compliance level would be higher than smaller companies; (2)Construction companies in Taiwan have higher ownership concentration, on account of the industrial tradition of family business, and therefore pay less attention to the compliance with structural board independence and respect for stakeholders. However, the conclusions indicate that further studies are essential to clarify whether the above disparities would lead to a negative cycle of corporate governance practice in construction industry. The benefits of corporate governance should unfold more evidently to convince construction companies for improving their investment environment and stimulating their healthy growth.

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Minimum Weight Design for Web Frames of Cargo Tanks in the LPG Carrier (LPG 운반선 화물창의 웨브 프레임 최소중량설계)

  • Park, Myeong-Chul;Shin, Sang-Hoon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.6
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    • pp.103-108
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    • 2020
  • Generally, the cargo tank of LPG carriers corresponds to an independent tank Type A defined by the International Maritime Organization (IMO). The outside of the tank is insulated by polyurethane foam, and the tank is made of expensive low temperature steel that can withstand temperatures as low as -50℃. The cargo tank is composed of outer shell plates, bulkheads, stiffeners, web frames, and stringers. Among them, the outer shell plates, bulkheads, and stiffeners can be designed without structural analysis by the Classification Rules and are constructed easily through optimal design. On the other hand, optimal design, including numerous structural analysis, is not performed because web frames and stringers should be designed and approved through structural analysis. Only adequate design, which determines the design dimensions through several dozen structural analysis, is performed. In this study, for finite element analysis, eight loading conditions were applied, and the deformation of the entire ship for each loading condition was considered. The minimum weight design was performed for the web frames of cargo tanks in the 82,000 ㎥ LNG carrier through the gradient-based optimization technique, and the weight was reduced by approximately 108 tons per ship.

Theoretical Considerations on Fisheries Resource Management and Public Choice (어업자원 이용관리와 공공선택에 관한 이론적 고찰)

  • 박성쾌
    • The Journal of Fisheries Business Administration
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    • v.31 no.1
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    • pp.1-12
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    • 2000
  • The experience of many countries strongly suggests that bad governments and institutions have been a serious, if not the most serious, obstacle to economic growth and industry-structural adjustments. All public sectors pursue a mix of both predatory and productive activities-bad governments emphasizing the former, while good governments finding a way of promoting the later. In fishery public policy studies, much confusion exists about the roles of policy illustration and prescription. In general fishery public sectors involve collective actions by numerous individuals under conditions of uncertainty, complexity, bounded rationality, and imperfect information structure. All collective fisheries action organizations consist of a center(e.g., government), which leads fishery group actions, and peripheral participants(e.g., fishermen), which are controlled by the government. A paradigm is developed that gives both theoretical and empirical meaning to the constitutional determination of fisheries political preference function or fishery public sector governance structures. Three relevant spaces are specified: policy instrument, results, and constitutional. The collective-choice rules of the constitutional space structure the tradeoff between public and special fishery interest groups. Fishery public sectors seeking sustainable reductions in wasteful rent-seeking fishing activities should select constitutional principles and institutional structures that tend to promote resource sustainability. In particular, the effects of internal and external events on fisheries may result in a greater or lesser concentration of interest group power. Thus, the structure of the fishereis political power must be assessed in any prescriptive evaluation of alternative fishery governance weights.

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Temperature Control of an Oil Cooler System For Machine Tools Using a Fuzzy- Logic-Based Algorithm

  • Kim, Sun-Chul;Hong, Dae-Sun;Lee, Choon-Man;Kim, Gyu-Tak
    • 제어로봇시스템학회:학술대회논문집
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    • 2004.08a
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    • pp.1006-1011
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    • 2004
  • Recently, technical trend in machine tools is focused on enhancing of speed, accuracy and reliability. Such high speed usually results in thermal displacement and structural deformation. To minimize such thermal effect, most precision machine tools adopt high precision cooling system. This study proposes a temperature control for an oil cooler system using PI control with fuzzy logic. In a cooler system, the refrigerant flow rate is controlled by rotational speed of the compressor, where the outlet oil temperature is selected as the control variable. The fuzzy control rules iteratively correct PID parameters to minimize the error, difference between the outlet temperature and the reference one. Here, the ambient temperature is used as the reference one. To show the effectiveness of the proposed method, a series of experiments are conducted for an oil cooler system of machine tools, and the results are compared with the ones of a conventional PID control. The experimental results show that the proposed method has advantages of smaller overshoot and smaller steady state error.

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Study on Estimation of Local Ice Pressures Considering Contact Area with Sea Ice (해빙과의 접촉 면적을 고려한 국부 빙압력 추정 연구)

  • Kim, Tae-Wook;Lee, Tak-Kee
    • Journal of Ocean Engineering and Technology
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    • v.28 no.5
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    • pp.423-428
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    • 2014
  • Ice loads may be conveniently categorized as local ice loads and global ice loads. Local ice loads are often defined as ice pressures acting on local areas of shell plates and stiffeners. Therefore, local ice loads are defined in all ice class rules. However, directly measuring the local ice pressure using the actual ice class vessel is a very difficult task because appropriate instruments for direct measurement must be installed on the outer hull, and they are easily damaged by direct ice contacts/impacts. This paper focuses on the estimation of the local ice pressure using the data obtained from icebreaking tests in the Arctic sea in 2010 using the Korean icebreaking research vessel (IBRV) ARAON. When she contacted the sea ice, the local deformation of the side shell was measured by the strain gauges attached to the inside of the shell. Simultaneously, the contact area between the side shell and sea ice is investigated by analyzing the distribution of the measured strain data. Finally, the ice pressures for different contact areas are estimated by performing a structural analysis.

IMGT Unique Numbering for Standardized Contact Analysis of Immunoglobulin/antigen and T cell receptor/peptide/MHC Complexes

  • Kaas, Quentin;Chiche, Laurent;Lefrane, Marie-Paule
    • Proceedings of the Korean Society for Bioinformatics Conference
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    • 2005.09a
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    • pp.209-214
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    • 2005
  • Immunoglobulins (IG) , T cell receptors (TR) and major histocompatibility complex (MHC) are major components of the immune system. Their experimentally determined three-dimensional (3D) structures are numerous and their retrieval and comparison is problematic. IMGT, the international ImMunoGeneTics information system$^{\circledR}$(http://imgt.cines.fr), has devised controlled vocabulary and annotation rules for the sequences and 3D structures of the IG TR and MHC. Annotated data from IMGT/3D sructure-DB, the IMGT 3D structure database, are used in this paper to compare 3D structure of the domains and receptor, and to characterize IG/antigen, peptide/MHC and TR/peptide/MHC interfaces. The analysis includes angle measures to assess receptor flexibility, structural superimposition and contact analysis. Up-to-date data and analysis results are available at the IMGT Web site, http://imgt.cines.fr.

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Finite Element Analysis and Development of Interim Consolidated 5-N Curve for Fatigue Design of Welded Structure (용접구조물의 피로설계를 위한 유한요소 해석 및 통합 피로선도 초안 개발)

  • Kim, Jong-Sung;Jin, Tae-Eun;Hong, Jeong-Kyun;P. Dong
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.27 no.5
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    • pp.724-733
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    • 2003
  • Fatigue design rules for welds in the ASME Boiler and Pressure Vessels Code are based on the use of Fatigue Strength Reduction Factors(FSRF) against a code specified fatigue design curve generated from smooth base metal specimens without the presence of welds. Similarly, stress intensification factors that are used in the ASME B3l.1 Piping Code are based on component S-N curves with a reference fatigue strength based on straight pipe girth welds. But the determination of either the FSRF or stress intensification factor requires extensive fatigue testing to take into account the stress concentration effects associated with various types of component geometry, weld configuration and loading conditions. As the fatigue behavior of welded joints is being better understood, it has been generally accepted that the difference in fatigue lives from one type of weld to another is dominated by the difference in stress concentration. However, general finite element procedures are currently not available for effective determination of such stress concentration effects. In this paper, a mesh-insensitive structural stress method is used to re-evaluate the S-N test data, and then more effective method is proposed for pressure vessel and piping fatigue design.

A Study on Service Quality Measurement of Digital Libraries with DL-SQI Model (DL-SQI 모형을 이용한 디지털도서관의 서비스 품질측정에 관한 연구)

  • Hwang, Jae-Young;Lee, Eung-Bong
    • Journal of Information Management
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    • v.41 no.3
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    • pp.45-66
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    • 2010
  • The purpose of this study is to develop service quality measurement model(DL-SQI model) which are able to measure objectively service quality of digital libraries in Korea and to measure user perceived service quality performance with DL-SQI model. This study also investigates the influence of service quality on customer satisfaction and customer loyalty. Before measurement, two principal rules and indicator formula were made to measure the service quality. Finally service quality of three digital libraries selected as samples was measured and analyzed in various points of view. It was developed a DL-SQI Consequences Model and testified it through path analysis using structural equation model.

A Suitability Analysis on the legal standards of the Rural Housing Standard Plans (농촌주택 표준설계도의 관련 법적 기준에의 적합성 분석 연구)

  • Jeon, Young-Hoon;Shin, Doo-Sik
    • Journal of the Korean Institute of Rural Architecture
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    • v.15 no.4
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    • pp.1-8
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    • 2013
  • The Rural Housing Standard Plans for improving the quality of life and housing stability in rural areas has been developed 87 types from 1994 to 2012. However, some types of Plans do not satisfy the current legal standard in accordance with social and legal changes. Standard plans has the same effect as a building permit, and replace it, so legal suitability of Plans is an important. Therefore, it is required the suitability analysis on the legal standards of Rural Housing Standard Plans. The Purpose of this study is to derive improper types and items of the Rural Housing Standard Plans on the legal standards. In this study, we analyzed its suitability on the legal standards(law on fire-fighting system installation and safety management, energy saving design criteria for buildings, structural checklist for small buildings, the types of drawing for building permit) in accordance with "rules for the operation of standard plans". And we analyzed the utilization of the Rural Housing Standard Plans through downloads from welchon portal.

Structural Design for Key Dimensions of Printed Circuit Heat Exchanger (인쇄기판형열교환기 핵심치수 구조설계)

  • Kim, Yong Wan;Kang, Ji Ho;Sah, In Jin;Kim, Eung Seon
    • Transactions of the Korean Society of Pressure Vessels and Piping
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    • v.14 no.1
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    • pp.24-31
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    • 2018
  • The mechanical design procedure is studied for the PCHE(printed circuit heat exchanger) with electrochemical etched flow channels. The effective heat transfer plates of PCHE are assembled by diffusion bonding to make a module. PCHE is widely used for industrial applications due to its compactness, cost efficiency, and serviceability at high pressure and/or temperature conditions. The limitations and technical barriers of PCHE are investigated for application to nuclear components. Rules for design and fabrication of PCHE are specified in ASME Section VIII but not in ASME Section III of nuclear components. Therefore, the calculation procedure of key dimensions of PCHE is defined based on ASME section VIII. The effective heat transfer region of PCHE is defined by several key dimensions such as the flow channel radius, edge width, wall thickness, and ridge width. The mechanical design procedure of key dimensions was incorporated into a program for easy use in the PCHE design. The effect of assumptions used in the key dimension calculation on stress values is numerically investigated. A comparative analysis is done by comparing finite element analysis results for the semi-circular flow channels with the formula based sizing calculation assuming rectangular cross sections.