• Management & Information Systems Review
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• v.35 no.2
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• pp.83-97
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• 2016

The purpose of this study is to evaluate our system and consider how the tax rules on corporate reorganization and asset adjustment account can be improved. The scope of this study includes the Korean tax rules on corporate reorganizations, as well as key tax benefits provided by the Special Tax Treatment Control Act. In case of Korea, The relevant regulations and system of taxation respecting the merger has been made the rapid progress in several respects in this situation, there are capable of improvement. This paper suggests improve some problems on tax avoidance abusing incomplete tax law. First, the asset adjustment account is the difficulty that it needs to follow-up during this period of time, as well as the complexity of the accounting and tax adjustments on the practice. If it is permitted to succeed asset-liability as market value, the complexity of asset adjustment account in corporate tax accounting also disappear. Second, in case that controlling shareholders possess more than 20% of merged entity, they could not get the tax deferral until after the time of two years has elapsed. It needs to further alleviate the merged entity ratio than the present level. Finally, after the merger it will be to strengthen the surveillance provisions of five years from the current two years. In addition, continuity of shareholder's requirements and business requirements, it is also necessary to strengthen the requirements of the follow-up provided by a separate regulation.

• Korean Business Review
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• v.17 no.2
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• pp.1-23
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• 2004

Since revision of Korean GAAP on the merge transaction in 1999, the few studies on the problems of the GAAP or on the inconsistency of GAAP and regarding tax regulations have been performed. The objective of this study is to understand the present state of the merge transactions, to find out the problems on the regarding GAAP and tax regulations, and to suggest the method to improve them. Among the 69 merge transactions of the listed and registered companies for the recent 3 years, 67 merge transactions are reported as the purchase transactions and 2 transactions as the pooling of interest. And 11 transactions occurred between parents and subsidiaries. I investigate the sufficiency of the foot disclosures on the merge transactions, I find out that the disclosure on the amortization of the negative goodwill are not sufficient, and several transactions are not recorded in conformity with GAAP. This paper indicates the problems on the GAAP as follows: the complicated and irrational method of amortization of the negative goodwill, the valuation of the stocks acquired before the merge, the inconsistent adjustments to purchase consideration contingent on future events, and the valuation of the merge between the parents and subsidiaries. And the problems on the tax regulations are as follows: tax deferment of the income from merge valuation, the ambiguous definitions of the fair value, and stock dividend of the income from merge valuation.

• Journal of the Korean association of regional geographers
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• v.6 no.2
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• pp.41-55
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• 2000

This study attempts to explore the relationships of Korean Immigrants with New Zealand agricultural environment, their choice of agricultural occupations and adjustments. New Zealand, based on agricultural products in its economy, was one of the richest countries during the 1950s and 1960s because of its dependency in market to United Kingdom Since 1971 when U.K joined the European Community, its economy was no more strong enough to support the living conditions in the 1950's and 1960's. Therefore, New Zealand Government initiated some programme to assist its farmers. Such supports resulted in severe financial problems of the country. Thus, reforms removing almost all support programmes has been proceeded after 1984. Though horticulture is still lower in New Zealand's exports of agricultural products, its growth has been remarkable. This was results due to the contribution of smallholdings, along with migration from city to urban fringe occurred during the 1970's and 1980's. In the 1900's it has been known that horticulture in the smallholding takes a hard works for old ages, who required further partitions their lands. Meanwhile, the rapid growth of Korean immigrants to New Zealand in the 1900's has been occurred, and this study shows one or two years periods in the search of job in case of Korean farmers. The most attractiveness in agriculture for them was that it provides simultaneously both jobs and housing. Korean farmers' land use succeeds previous owner's land use, and concentrates on green house agriculture cultivating mainly tomato and cucumber. The size of land is quite small and not comparable to New Zealand's average size, but a satisfactory levels are rather high and successful in evaluating themselves concerning current occupations, even though they have rarely experienced about agriculture before. Korean farmers attributes a high satisfaction to agricultural techniques learned from previous owners and a related support authority. The results of this study showed that Korean farmers has been absorbed into New Zealand economy rather than Korean economy. Finally, it has been pointed that the growth of Korean farmers and agriculture in New Zealand is the results of complex factors such as occupations, children's educational opportunity, and the access to the city.

• The KIPS Transactions:PartD
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• v.15D no.5
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• pp.705-712
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• 2008

Recently, interests in the notion of PKMS(Process based on Knowledge Management System) utilizing BPMS(Business Process Management System) and KMS(Knowledge Management System) have been significantly increased. Specially, most public organizations require their own effective knowledge management strategies since public business service needs various knowledge types. Based on a comprehensive framework that reflects lifecycle requirements of KMS and BPMS, we propose an PKMS system architecture, which performs step-by-step knowledge-providing strategy in public organization. To propose a PKMS architecture, this paper first investigates inter-relationships between public business and various knowledge types, and classifies knowledge types into three groups and then we suggest knowledge management strategies considering priority order among knowledge groups. Based on the proposed knowledge management, a PKMS system architecture can combine the advantages of the KM and BPM paradigms. This paper presents the PKMS system applied to employment insurance business part in real environment and demonstrated the advantages via inter-relationships between KM and BPM requirements.

• Korean Journal of Remote Sensing
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• v.26 no.2
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• pp.277-285
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• 2010

Geostationary Ocean Color Imager(GOCI-I), the world's first space-borne ocean color observation geostationary satellite, will be launched on June 2010. Development of GOCI-I took about 6 years, and its expected lifetime is about 7 years. The mission and user requirements of GOCI-II are required to be defined at this moment. Because baseline of the main mission of GOCI-II must be defined during the development time and early operational period of GOCI-I. The main difference between these missions is the global-monitoring capability of GOCI-II, which will meet the necessity of the monitoring and research on climate change in the long-term. The user requirements of GOCI-II will have higher spatial resolution, $250m{\times}250m$, and 12 spectral bands to fulfill GOCI-I's user request, which could not be implemented on GOCI-I for technical reasons. A dedicated panchromatic band will be added for the nighttime observation to obtain fishery information. GOCI-II will have a new capability, supporting user-definable observation requests such as clear sky area without clouds and special-event areas, etc. This will enable higher applicability of GOCI-II products. GOCI-II will perform observations 8 times daily, the same as GOCI-I's. Additionally, daily global observation once or twice daily is planned for GOCI-II. In this paper, we present an improved development and organization structure to solve the problems that have emerged so far. The hardware design of the GOCI-II will proceed in conjunction with domestic or foreign space agencies.

• Journal of Aerospace System Engineering
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• v.12 no.1
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• pp.10-16
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• 2018

In 2018 and 2019, GEO-KOMPSAT-2A and GEO-KOMPSAT-2B will be launched in order to succeed the COMS mission. The two satellites will be collocated in $128.25{\pm}0.05$ degrees East. For precise ranging and orbit determination, the GEO-KOMPSAT-2B will be equipped with LRA (Laser Retroreflector Assembly) and SLR (Satellite Laser Ranging) systems will be utilized. This systems are located in Geochang. In this case, the laser beam emitted from the SLR station can cause problems in terms of safety of optical payloads and image quality. As a solution of this possibility, the laser ranging will be done during the night time when the shutters of the optical payloads remain closed. Still, the optical payload of the GEO-KOMPSAT-2A is not safe from the laser beam because its optical payload shall continue its mission for 24 hours a day. In order to handle this problem, the laser ranging shall be limited to time slots when the angular distance between two satellites observed from the Geochang SLR station is large enough. In this paper, through orbit simulations, the characteristics of variation of the angular distance between the two satellites is analyzed to figure out the time slots when laser ranging is allowed.

• Korean Journal of Remote Sensing
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• v.37 no.5_2
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• pp.1235-1243
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• 2021

Geostationary Ocean Color Imager 2 (GOCI-II) on Geo-KOMPSAT-2 (GK2B)satellite was developed as a mission successor of GOCI on COMS which had been operated for around 10 years since launch in 2010 to observe and monitor ocean color around Korean peninsula. GOCI-II on GK2B was successfully launched in February of 2020 to continue for detection, monitoring, quantification, and prediction of short/long term changes of coastal ocean environment for marine science research and application purpose. GOCI-II had already finished IAC and IOT including early in-orbit calibration and had been handed over to NOSC (National Ocean Satellite Center) in KHOA (Korea Hydrographic and Oceanographic Agency). Radiometric calibration was periodically conducted using on-board solar calibration system in GOCI-II. The final calibrated gain and offset were applied and validated during IOT. And three video parameter sets for one day and 12 video parameter sets for a year was selected and transferred to NOSC for normal operation. Star measurement-based INR (Image Navigation and Registration) navigation filtering and landmark measurement-based image geometric correction were applied to meet the all INR requirements. The GOCI2 INR software was validated through INR IOT. In this paper, status and results of IOT, radiometric calibration and INR of GOCI-II are analysed and described.

• Korea Real Estate Review
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• v.28 no.4
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• pp.7-22
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• 2018

This study aimed to empirically analyze the factors that influence newlyweds' housing tenure. For this, a questionnaire survey was conducted among newlyweds living nationwide who had been married for 5 years or less and were under the age of 40. The results of the survey were empirically analyzed by applying various variables. With regard to parental financial support among the factors influencing newlyweds' housing tenure, the analysis results showed that the probability of owner occupancy was high among the households with parental financial support than among those with none, and the larger the size of the parental financial support was, the higher the probability that the newlyweds owned the house they were occupying. As for the housing loan variable, it was found that the probability of owner occupancy was high among the newlyweds with a housing loan than among those with none, and the larger the amount of the newlyweds' housing loan was, the higher the probability that they owned the house they were occupying. As opposed to what is generally recognized, however, the survey showed that the higher the ratio of dual earners is, the lower the owner occupancy probability due to the probability of job transition, etc. In addition, it was found that the probability of owner occupancy for the newlyweds living in Seoul was lower than that for the newlyweds living in other regions in South Korea. Accordingly, this study showed that appropriate levels of parental economic indicators should also be reflected in the stable housing support and loan policies for newlyweds in the context that the succession to their parents' fortunes is generalized.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.49 no.5
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• pp.417-424
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• 2021

The S-band telemetry and telecommand formats for geostationary orbit satellites should have sufficient reliability, since they transmit massive satellite health data and receive the mission commands in the 36,000km of the geostationary orbit. Also, they have to efficiently manage the large quantity of satellite health data under the limited data transmission rate. Cheollian-2A and 2B satellites were developed by Korea Aerospace Research Institute and launched at 2018 and 2020, respectively. Their missions are to conduct continuously the mission of Cheollian-1, which was the first geostationary orbit satellite of Korea. Therefore, the fundamental S-band data format design for Cheollian-2A and 2B should meet the requirements of Cheollian-1. Meanwhile the latest remote data processing techniques for these newest geostationary orbit satellites should be implemented. In this paper, the advanced S-band space data formats and management methods are proposed for more efficient data transmission, reception and operation with the limited data rate of the geostationary orbit satellites. The implemented results in the flight software of Cheollian-2A and 2B are described in detail.

• The Southeast Asian review
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• v.28 no.1
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• pp.83-120
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• 2018

For Singapore, 2017 was an uneasy year. The presidential election was fraught with controversy since the revised Presidential Election Act allowed only one candidate to be eligible for the election. The bitter feud between Prime Minister Lee Hsien Loong and his siblings shocked many Singaporeans. Succession planning for the next top leadership is still veiled in obscurity. The anti-globalization trend and the increasing pressure to raise the tax have become major challenges for Singapore's economy to overcome. China's continuous diplomatic pressure has called into the question Singapore's pragmatic foreign policy. Although its relations with China were back to normal, Singapore, the ASEAN chair in 2018, is still facing intractable problems in safeguarding ASEAN centrality in the growing US-China rivalry. In the meantime, Singapore has pursued its diversity and equality, heading toward a more matured multi-racial and multi-cultural society in 2017. The first female president, Halimah Yacob, served as a symbolic epitome of Singapore's emphasis on diversity and harmony among different ethnic groups and minorities. This great milestone, however, has largely been questioned by Singaporeans, as it seemed to be a political gesture that only utilized Halimah's double minority in the level of ideologies. The election of the Malay president has led Singaporeans to think about the real equity and equality among minorities, while strongly motivated to move toward a more inclusive society. In 2018, Singaporean leaders will try to resolve many challenging problems by reaffirming leadership succession planning, which is expected to lead Singapore to pursue a more integrated society.