• The Korean Journal of Financial Management
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• v.23 no.1
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• pp.69-100
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• 2006

We examine the effect of controlling shareholders ownership structure and related-party transactions(hereafter 'RPT') of publicly traded companies on their firm values during the post-IMF period. In the multivariate regression analysis using control variables such as firm size, capital structure, investment, dividend, profitability and industry dummy that might affect firm values, we find that there exists a significant negative relation between the controlling shareholders ownership structure and firm values proxied by Tobin's Q, and also find that there is a significant negative relation between RPT and the firm values. Those evidences seem to support the controlling shareholders' expropriation hypothesis. Additionally, we investigate the relation between ownership structure and rim value through the piecewise regression analysis. We find a significant 'inverse' U-shape pattern between the controlling shareholders ownership structure and firm values. This result is quite different from the existing literatures that have usually reported an U-shape pattern. In conclusion, the findings in this study do not support the notion that the ownership concentration to the controlling shareholders does negatively affect the firm values monotonically.

• Journal of Korea Water Resources Association
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• v.32 no.6
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• pp.741-749
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• 1999

This study is to develop a method of measuring the soil water concentration by using TDR, which is based on the relationships between the bulk soil electrical conductivity of soil and the reflected wave of TDR. The proposed monitoring method is combined with two important relationships. One is that between the bulk soil electrical conductivity and the solute concentration, which is known to be linear at a constant volumetric soil water content and the other is that between the relative bulk soil electrical conductivity and the water content at a constant concentration. Some formulas have been proposed to solve the second relationship, but a new formula and the critical water content are proposed to improve the accuracy of measurement. This proposed formula estimates the relative bulk soil electrical conductivity for water contents which is divided to two regions, linear and nonlinear, by the critical water content. As the result of the comparison with other formulas, the proposed formula is proved to be superior to other formulas and to be an available method to apply to the unsaturated transient solute transport.

• Journal of Korean Society of Coastal and Ocean Engineers
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• v.29 no.6
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• pp.369-381
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• 2017

It has been presumed that highly nonlinear skewed waves frequently observed in a surf zone could significantly influence the transmission behaviour via a porous wave breaker due to its larger inertia force than its nonlinear counterparts of zero skewness [Cnoidal waves]. In this study, in order to confirm this perception, a numerical simulation has been implemented for 6 waves the skewness of that range from 1.02 to 1.032. A numerical simulation are based on the Tool Box called as the ihFoam that has its roots on the OpenFoam. Skewed waves are guided by the shoal of 1:30 slope, and the flow in the porous media are analyzed by adding the additional damping term into the RANS (Reynolds Averaged Navier-Stokes equation). Numerical results show that the highly nonlinear skewed waves are of higher transmitted ratio than its counterparts due to its stronger inertia force. In this study, in order to see whether or not the damping at the porous structure has an effect on the wave celerity, we also derived the dispersive relationships of Nonlinear Shallow Water Eq. [NSW] with damping at the porous structure being accounted. The newly derived dispersive relationships shows that the phase lag between the damping friction and the free surface elevation due to waves significantly influence the wave celerity.

• Journal of Korea Water Resources Association
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• v.44 no.2
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• pp.97-107
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• 2011

For the purpose of enhancing usability of NWP (Numerical Weather Prediction), the quantitative precipitation prediction scheme was suggested. In this research, precipitation by leading time was predicted using 3-hour rainfall accumulation by meso-scale numerical weather model and AWS (Automatic Weather Station), precipitation water and relative humidity observed by atmospheric sounding station, probability of rainfall occurrence by leading time in June and July, 2001 and August, 2002. Considering the nonlinear process of ranfall producing mechanism, the ANN (Artificial Neural Network) that is useful in nonlinear fitting between rainfall and the other atmospheric variables. The feedforward multi-layer perceptron was used for neural network structure, and the nonlinear bipolaractivation function was used for neural network training for converting negative rainfall into no rain value. The ANN simulated rainfall was validated by leading time using Nash-Sutcliffe Coefficient of Efficiency (COE) and Coefficient of Correlation (CORR). As a result, the 3 hour rainfall accumulation basis shows that the COE of the areal mean of the Korean peninsula was improved from -0.04 to 0.31 for the 12 hr leading time, -0.04 to 0.38 for the 24 hr leading time, -0.03 to 0.33 for the 36 hr leading time, and -0.05 to 0.27 for the 48 hr leading time.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.34 no.10
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• pp.1427-1435
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• 2010

A mixed finite element model was developed using the classical plate theory to analyze the nonlinear bending of a plate. The appropriate weight functions for the constraints integrated over the domain were determined by the Lagrange multiplier method by using the principle of minimum virtual energy; which provides the constitutive relations between force-like variables and strains. All of detail terms of element wise coefficient matrices and associate tangent matrices to be used in the Newton iterative method are presented. Then, the linear solutions of the current model and those of the traditional displacement model under the SS (simple support) boundary conditions were compared with the existing analytical solution. The post-processed images of the nonlinear results of the force-like variables are presented to show the continuity of the solutions at the joint of the element boundaries. Finally, the converged nonlinear finite element solutions of the current model are compared with those of existing traditional displacement model.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.23 no.2
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• pp.199-208
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• 2010

A friction damper installed at a building shows nonlinear behavior since its stick and slip states are occurred repeatedly depending on the amplitude of external loadings to dissipate input energy. Friction damping is existed for the building with a friction damper. In additionally viscous one is inherently included. Therefore, the building installed in such combined damping is quite involved to find the analytical solution. In this study, first, displacement and acceleration characteristics are identified based on the exact solution for a single-degree-freedom building with a friction damper having both friction and viscous damping. Second, in free vibration, the equivalent viscous damping ratio is obtained by the energy dissipation. Third, numerical analysis is carried out to find response configuration with various friction force ratios. Fourth, corresponding equivalent viscous damping ratio is derived with the finding that the response reaches into steady-state for both friction and viscous damped structure. It is deduced using balance of input external energy and output dissipation energy for steady-state response. Finally, the equivalent viscous damping ratios of free or harmonic vibration are verified through nonlinear analysis.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.26 no.6
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• pp.423-430
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• 2013

In this research, a paramteric study to account for the effect of interfacial strength and nanotube agglomeration on the elastoplastic behavior of carbon nanotube reinforced polypropylene composites is performed. At first, the elastoplastic behavior of nanocomposites is predicted from molecular dynamics(MD) simulations. By combining the MD simulation results with the nonlinear micromechanics model based on the Mori-Tanaka model, a two-step domain decomposition method is applied to inversely identify the elastoplastic behavior of adsorption interphase zone inside nanocomposites. In nonlinear micromechanics model, the secant moduli method combined with field fluctuation method is used to predict the elastoplastic behavior of nanocomposites. To account for the imperfect material interface between nanotube and matrix polymer, displacement discontinuity condition is applied to the micromechanics model. Using the elastoplastic behavior of the adsorption interphase zone obtained from the present study, stress-strain relation of nanocomposites at various interfacial bonding condition and local nanotube agglomeration is predicted from nonlinear micromechanics model with and without the adsorption interphase zone. As a result, it has been found that local nanotube agglomeration is the most important design factor to maximize reinforcing effect of nanotube in elastic and plastic behavior.

• Composites Research
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• v.13 no.5
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• pp.50-59
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• 2000

In this paper, two methods to suppress flutter of the composite panel are examined. First, in the active control method, a controller based on the linear optimal control theory is designed and control input voltage is applied on the actuators and a PZT is used as actuator. Second, a new technique, passive suppression scheme, is suggested for suppression of the nonlinear panel flutter. In the passive suppression scheme, a shunt circuit which consists of inductor-resistor is used to increase damping of the system and as a result the flutter can be attenuated. A passive damping technology, which is believed to be more robust suppression system in practical operation, requires very little or no electrical power and additional apparatuses such as sensor system and controller are not needed. To achieve the great actuating force/damping effect, the optimal shape and location of the actuators are determined by using genetic algorithms. The governing equations are derived by using extended Hamilton's principle. They are based on the nonlinear von Karman strain-displacement relationship for the panel structure and quasi-steady first-order piston theory for the supersonic airflow. The discretized finite element equations are obtained by using 4-node conforming plate element. A modal reduction is performed to the finite element equations in order to suppress the panel flutter effectively and nonlinear-coupled modal equations are obtained. Numerical suppression results, which are based on the reduced nonlinear modal equations, are presented in time domain by using Newmark nonlinear time integration method.

• Journal of the Korea Concrete Institute
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• v.24 no.3
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• pp.285-292
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• 2012

Fixed connection is generally used for beam and column connections of concrete structures, but significant damages at the connection due to severe earthquakes have been reported. In order to reduce damages of the connection and improve seismic performance of the connection, several innovative connections have been suggested. One newly proposed connection type allows a rotation of the connection for applications in rotating or rocking beams, columns, and shear walls. Such structural elements would provide a nonlinear lateral force-displacement response since their contact depth developed during rotation is gradually reduced and the stress across the sections of the elements is non-linearly distributed around a contact area, which is called an elastic hinge region in the present study. The purpose of the present study is to define the elastic hinge region or length for the rocking columns, through investigating the cross-sectional stress distribution during their lateral behavior. Performing a finite element analysis (FEA), several parameters are considered including axial load levels (5% and 10% of nominal strength), different boundary conditions (confined-ends and cantilever types), and slenderness ratios (length/depth = 5, 7, 10). The FEA results showed that the elastic hinge length does not directly depend on the parameters considered, but it is governed by a contact depth only. The elastic hinge length started to develop after an opening state and increased non-linearly until a rocking point(pre-rocking). However, the length did not increase any more after the rocking point (post-rocking) and remained as a constant value. Half space model predicting the elastic hinge length is adapted and the results are compared with the numerical results.

• Journal of the Korean Geotechnical Society
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• v.15 no.2
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• pp.3-16
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• 1999

The objective of BMP( Barge Mounted Plant) project is to construct plants on mooring floating structures at sea. To analyze the pile behavior under mooring dolphins, generally, axial or lateral behavior of soil-pile system is evaluated by using a nonlinear subgrade reaction method which models the pile as a structural element and the soil as series of nonlinear springs along the depth. As a result, load-displacement curves at pile head can be solved by finite difference method and the equivalent stiffness of bottom boundaries of dolphin structure is evaluated. In this study off-shore site investigation was performed on the marine area of Koje Island and axial and lateral load transfer curves of the ground were modeled with depth. The subgrade reaction analysis was performed for piles under axial or lateral loadings, and the required penetration depth and section of the pile were determined. Subsequently, the spring boundaries under the dolphin structure could be modeled from the calculated load-displacement curve and then the dynamic response of the dolphin structure was analyzed reasonably by considering ground conditions. The analysis considering the stiffness of the soil-pile system has resulted in larger displacement amplitudes than those for rigid foundations. Furthermore, moment distributions of the casing were dependent on the soil-pile system so that deformable foundation induces the larger moment of top section of casing and the smaller moment of pile head.