• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.18 no.6
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• pp.133-145
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• 2023

This paper examines whether investors have adapted to the venture capital(VC) investment style. VC firms invest in privately held companies and generate returns by selling them after the lock-up period expires. We analyze the impact on stock prices before and after the lock-up period expiration, and compare the Cumulative Abnormal Return(CAR) between the past period(2015-2017) and the recent period(2020-2022) to investigate the effect of the second venture boom. The main findings are as follows. First, unlike in the past, stock price returns around the lock-up period expiration have been lower than the KOSDAQ index in recent years. Second, the impact on stock prices is significant for both 1-month and 12-month lock-up periods. Specifically, it is confirmed that stocks held by venture capital and professional investors with a 1-month lock-up period respond in advance to their information after the second venture boom. Finally, we find that there is a difference in CAR depending on whether or not the company received VC investment after the second venture boom. Based on our findings, we suggest that VC firms need to revise their exit strategies to improve performance. This includes finding ways to reduce information asymmetry and fees, as well as developing strategies to mitigate market volatility. Additionally, the current lock-up period for VCs should be reconsidered as it may increase the risk of stock price decline. We recommend that the government revise the scope and duration of lock-up periods to protect investors after IPO.

• Journal of Digital Convergence
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• v.12 no.7
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• pp.1-10
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• 2014

In February 2014 Korean Bar Association has amended Professional Ethics Code as to stipulate attorney's duty to protect personal information. While existing Korean law and Professional Ethics Code has made attorney to keep client's confidential information, attorney's newly promulgated obligation has its meaning in that personal information of subject other than client is not protected through confidentiality rules, given that confidentiality obligation is interpreted to protect only client's information relating to representation. Moreover, duty to protect personal information deals with not only disclosure and use of information, which confidentiality rules is about, but also collection and retention process, access to and correction and care of information and even destruction of information. Amid unprecedented theft of personal data in several national banks and other serious leakage reported recently, this paper is going to contemplate the scope and application of the duty to protect personal information with hope to contribute to starting discussion on it.

• Electronics and Telecommunications Trends
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• v.24 no.2
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• pp.97-110
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• 2009

규제당국은 설비를 보유하고 있지 않는 다양한 형태의 사업자들의 서비스 시장 진입장벽을 낮추기 위한 제도적 장치로서 전기통신사업 법 개정을 통하여 공정경쟁과 이용자보호를 위한 도매규제방안을 강구하고 있다. OECD 국가들은 도매제공 도입 등으로 인해 고용증대효과, 요금인하효과가 발생하였다. 특히, 도매제공 및 요금규제를 하고 있는 노르딕 국가들은 OECD 전체 회원국 중 가장 낮은 이동전화 요금수준을 유지하고 있다. 국내의 경우 해외와 같이 도매제공(무선재판매) 의무화를 위해서는 먼저 현행 법규정에 무선재판매 의무제공에 대한 근거를 마련해야 한다.

• Proceedings of the Korea Information Processing Society Conference
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• 2006.11a
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• pp.629-632
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• 2006

최근 EMR(Electronic Medical Record, 전자의무기록)에 대한 관심이 높아지면서 EMR을 도입하는 병원이 늘어나는 추세이다. EMR은 법적 효력과 증거력의 보유하기 위하여 정부가 인정하는 공인 인증기관으로부터 인증서를 발급받아 전자서명법에 따라 암호화 및 기명날인하여 별도의 저장장치에 관리하도록 하고 있다. 이러한 일련의 과정에서 EMR 데이터를 XML 문서나 다른 형식의 문서로 변환하게 된다. 본 논문은 XML 스키마에 따른 문서 생성이 용이한 텍스트나 코드화된 의무기록 뿐만 아니라 각종서식, 이미지 및 검사지 등 다양한 형식 기록의 전자인증을 위해 XML 문서로 변환하는 연구이며, 특히 표준화되기 힘든 비정형 기록들에 대한 XML 문서 변환 방법을 제안하고 이를 구현하였다.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.26 no.1
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• pp.227-235
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• 2016

As various measures of law observance obligations such as mandatory obligation of privacy impact assessment (PIA) for public institutions and authorization of information security management system (ISMS) are put into practice, increase in demand for information security consulting and securement of information security consultants are emerging as a major issue. The purpose of this study is to empirically investigate what core competencies information security consultants should possess and how much they actually possess them. By analyzing the differences in perception between practitioners and managers on core competencies, this study understands difference of views between the two groups and suggests ideas for cultivation of information security consultants.

• Proceedings of the Korean Institute of Industrial Safety Conference
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• 1998.05a
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• pp.285-291
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• 1998

산업안전보건법 제48조에 의거 사업장의 유해위험시설을 보유하기 위해 신설, 증설, 변경 또는 이전시에 유해위험물질의 누출, 화재, 폭발 등으로 인하여 사업장내 근로자나 인근 주민들에게 피해를 줄 수 있는 사고를 사전에 예방하기 위하여 유해위험방지계획서나 공정안전보고서를 작성하여 노동부장관에게 제출토록 의무화가 되어있다. 각 사업장은 이러한 사전예방에 활용하기 위한 위험성 평가방법을 어떤 기법으로 어떻게 도입하여 적용시키고 있으며, 또 할 예정인가 사내에는 어떤 제도화가 되어 있는가 대책은 어떻게 반영되고 실시에 어떤 문제점이 있는가 등의 사실을 업종별로 파악하여 제조업종의 위험성 평가도입에 따른 문제점과 대책을 제시할 필요가 있다. (중략)

• The Korean Journal of Financial Management
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• v.26 no.2
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• pp.1-32
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• 2009

This paper is the data analysis of exercise patterns of ESOs and primary factors that influence on their early exercise. ESOs are prematurely exercised soon after the vesting period is over and it is argued that risk aversion, profitability through exercise, firm characteristics and behavioral factors influence on such early exercise patterns. This paper examined 111 previously-exercised stock options that had been granted to 3,267 employees from year 2000 to year 2006, and analyzed the early exercise patterns and their primary factors. The result shows that stock options were exercised approximately 3.15 years after being granted, and 0.37 year after the vesting period was over. Such an early exercise pattern was found to be influenced by risk aversion, profitability and firm characteristics.

• International Commerce and Information Review
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• v.19 no.1
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• pp.191-210
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• 2017

The old sources of competitive edge and value added were land, labor, and capital. In today's knowledge-based economy in the 21st century, technology is attracting attention as a new engine of growth. That paradigm shift of world economy has resulted in the global spread of technology transfer and the gradual increase of trade of intangible goods including patents and know-how as well as tangible goods in international trade. An international license agreement is a representative form of technology transfer. In license agreements, the providers of technology keep their ownership of technology, allow the implementation of technology to the users of technology only for a certain period of time, and receive loyalty as a reward. Economic profit through such technology trade can be realized with the smooth implementation and termination of agreement. International license agreements are different from sales contracts, which represent international business transaction based on mutual obligation, in many aspects in that they target intangible goods of technology and aim for rent for a certain period of time. This study thus set out to examine issues that could be controversial in the main and individual obligation of the parties in international license agreements and provide implications helpful for the prevention of disputes in advance.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.27 no.3
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• pp.591-605
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• 2017

The right to informational self-determination refers to the constitutional right for an individual, which is approved by the constitutional court, to decide what contents the collected information comprises and to control the circulation of information relation to oneself. It contains claim for inspection of personal information(The right to informational self-access) as a right for individual to review information of current state and processing history which information holders have. To assure the right to informational self-access, individual must be notified of the processing history of information by information holders regardless of individual's request(The unconditional right to informational self-access). This study will analyse current status of domestic and foreign legislation and global regulation which are related to the unconditional right to informational self-access. In addition, the action of domestic corporations will be introduced. Finally, it will be concluded with relevant problems and solutions to solve the problems.

• 한국정보통신설비학회:학술대회논문집
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• 2007.08a
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• pp.296-301
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• 2007

2007년 1월 20일 20시 56분경 오대산 부근에서 발생한 지진이 제주도를 제외한 전국에서 감지되어 우리 생활에 직접적인 영향을 끼치는 등 더 이상 우리나라도 지진에 안전한 나라가 아니라는 것이 입증되고 있으며, 정부에서도 자연재해대책법에 통신설비에 대한 내진설계 의무화 규정을 포함시켜 현재 시행을 눈앞에 두고 있는 시점에서 통신시설물에 대한 내진성능 평가와 내진대책 수립이 절실히 요구되고 있다. 따라서, 본 논문에서는 지진 발생시에 가장 민감하게 반웅하며 피해가 클 것으로 예상되는 통신 장치랙에 대하여 전력설비의 내진성능 검증에 사용되는 인공 지진파와 미국에서 측정한 실측 지진파를 진동대에 입력, 지진모사 실험을 실시하여 지진시 발생할 수 있는 통신장비의 기능 이상 유무를 확인하고 동적 거동 특성을 분석함으로써 장치랙이 보유한 내진성능을 도출하여 보았다. 이러한 지진모사 실험은 향후 통신 장치랙의 내진성능을 평가하는 기준을 수립하는데 중요한 기초자료로 활용될 것이라 판단된다.