• Asia Pacific Journal of Business Review
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• v.1 no.1
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• pp.56-66
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• 2016

This paper analyzes the impact of CSR on the capital market in Korea. Using listed firm data, we found that the creation of a sustainability report that indirectly measures the level of CSR can bring the stock rate of return difference of the capital markets representative market index. First, when a firm that publishes a sustainability report was compared in terms of its market rate of return, it showed a return increase of about 2%. We found that higher returns were gained through the competitive advantage of related business when the firm was actively involved in social responsibility. Second, subdivided by industry, firms belonging to the capital goods industry were found to reach a rate of return higher than that of industry. These firms were noticeable in that they were mainly industries that caused environmental pollution. Third, in an additional analysis, foreign investors were given the sustainability report of financial businesses, which was interpreted as a result of industrial properties. A sustainability report is a comprehensive report on the economic, environmental, and social activities of a firm. Firms must learn that they can gain trust through publishing trustworthy reports while achieving the lasting power of growth from the stakeholders.

• ETRI Journal
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• v.28 no.3
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• pp.282-290
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• 2006

In vertically overlaid cellular systems, a temporary traffic concentration can occur in a hot-spot area, and this adversely affects overall system capacity. In this paper, we develop an adaptive hot-spot operating scheme (AHOS) to mitigate the negative effects from the nonuniform distribution of user location and the variation in the mixture of QoS requirements in orthogonal frequency division multiple access downlink systems. Here, the base station in a macrocell can control the operation of picocells within the cell, and turns them on or off according to the system overload estimation function. In order to determine whether the set of picocells is turned on or off, we define an AHOS gain index that describes the number of subcarriers saved to the macrocell by turning a specific picocell on. For initiating the picocell OFF procedure, we utilize the changes in traffic concentration and co-channel interference to the neighboring cells. According to computer simulation, the AHOS has been proved to have maximize system throughput while maintaining a very low QoS outage probability under various system scenarios in both a single-cell and multi-cell environments.

• The Journal of Fisheries Business Administration
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• v.46 no.1
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• pp.15-28
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• 2015

This research examined a task to foster into the export industry, through analyzing the competitiveness of the ornamental fish industry and identifying the position of Korea's ornamental industry in the world. Ornamental fish in Korea holds the world's leading aquaculture technology, but products are limited to a few species, lacking competitive products. In the case of aquarium supplies, the Korean technology level is receiving relatively positive marks in the global market, but ornamental fish products are lagging behind the global trend. In other words, Korea's ornamental fish industry has the overall technical foundation, but lacks differentiation in the global market. Meanwhile, Korea's market share of world trade market in fishery products is minimal. Growth was also analyzed not high compared to other countries. Various trade competitiveness index results rated very low in competitiveness, but it is hard to compare Korea with other countries which have already built a strong foundation in the ornamental fish industry. Therefore, for the mid to long term Korea should adapt a "Choice and concentration" strategy and focus on the production of ornamental fish and aquarium supplies, which will enable Korea to become differentiated in the global market and capture the world exports.

• The Journal of Fisheries Business Administration
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• v.39 no.3
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• pp.25-47
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• 2008

The Fishing Communities (so-called Uchongae) in Korea was legally established in 1962. It has been gradually expanded by quantity, and we have total 1,969 communities in 2006. The major establishment purpose of Uchongae was put 2 functions. The first function is to make up the double industry structure in coastal region, and second function is to make economical condition for Uchongae. Nevertheless the Fishing Communities System in Korea was not successfully developed after first beginning. The Income gap have become heavily between fishing area and non - fishing area, including agricultural area. The income gap has been due to rapid industrialization and urbanization in Korea. And the income gap even have become heavily among Uchongaes. In this paper, It have been researched the degree of Income inequality among Uchongaes in Korea during 1986-2006. The income inequality degree was analyzed by Gini coefficient and Mean Log Deviation (MLD) using Lorenz Curve. According to analysis result, the Gini coefficient of Uchongaes in Korea has been about 2-times high from 0.0847 to 0.1770 during 20 years. And the MLD has been 5.4 times from 0.0125 to 0.0679 during same periods. This means to more wide the general Income Inequality among the Uchongaes in Korea. Especially, It means to more wide the gap of high ranking Uchongaes and low ranking Uchongaes that MLD index multiplier has been more high.

• East Asian Journal of Business Economics (EAJBE)
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• v.8 no.1
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• pp.57-69
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• 2020

Purpose - This study examines what are the asset market fluctuations in Europe and how each economic variable affects major variables, and explore the dynamics of housing and stock market through Greece. The variables under consideration are balance on current account (BCA), index of stock (STOCK), gross domestic product (GDP), housing price indices (HOUSING), M3, real rate of interest (IR_REAL) and household credits (LOAN). We investigate the functional and causal relationships between housing and stock market. Research design, data, and methodology - Vector error correction model (VECM) is used to figure out the dynamic relationships among variables. This study also contains the augmented Dickey-Fuller unit root, cointegration, Granger causality test, and impulse response function and variance decomposition analysis by EViews 11.0. Results - The statistical tests show that all variables under consideration have one unit root and there is a longterm equilibrium relationship among variables for Greece. GDP, IR_REAL, M3, STOCK and LOAN can be considered as causal factors to affect real estate market, while GDP, LOAN, M3, BCA and HOUSING can bring direct effects to stock market in Greece. Conclusions - It can be judged that the policy that affects the lending policy of financial institutions may be more effective than the indirect variable such as monetary interest rate.

• The Korean Journal of Financial Management
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• v.21 no.2
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• pp.211-233
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• 2004

This purpose of paper is to propose a European option pricing formula when the rate of return follows the leptokurtic distribution instead of normal. This distribution explains well the volatility smile and furthermore the option prices calculated under the leptokurtic distribution are shown to be closer to the market prices than those of Black-Scholes model. We make an estimation of the implied volatility and kurtosis to verify the fitness of the pricing formula that we propose here.

• Journal of Navigation and Port Research
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• v.33 no.3
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• pp.207-213
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• 2009

This research estimates the contribution to the Busan regional economy made by Busan Port's container cargo handling from the microscopic point of view. The cost is calculated and shown in the currency unit of Korea, won, per TEU. A questionnaire was conducted to 12 different types of maritime business to obtain total sales and performances of the companies. The total sales of maritime business related to container goods per the whole TEU was computed at 238,230won/TEU. This can be adopted as a new index to analyse the Busan regional economy.

• Journal of Fashion Business
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• v.12 no.5
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• pp.24-38
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• 2008

As an attempt to improve the seaming of clothes exported to China, this study is intended to strengthen the clothing industry in Korea by providing data on the body figures of Chinese women. Direct measurement was conducted on 193 women aged 19-24 residing in Shanghai, China. Then we classified and identified the body types and characteristics of Chinese women based on the drop values suggested by the National Standard of the People's Republic of China(GB/T 1335.2-1997). The following is a summary and conclusion of this study. 1. The following results were obtained by measuring the body sizes of women aged 19-24 living in Shanghai, China. 2. After having conducted a factor analysis on 111 body measurement items, 15 index items, and 11 calculation items, we were able to deduce a total of 6 factors. 3. We categorized the body types of 19-24 year-old women living in Shanghai, China according to the drop values suggested by GB/T 1335.2-1997 where D-type was added to Y, A, B, and C-types for a total of 5 categories. The characteristics of each body type following the body type structure factor are Y-type for slender type, A-type for standard type, B-type for slightly large type, and C-type for obese type.

• Journal of Fashion Business
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• v.10 no.6
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• pp.79-90
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• 2006

In order to build strong brand equity in the current market circumstances, it is essential to understand the core dimensions of brand image, which is brand personality. The objectives of this study were to identify the brand personality dimensions of a casual brand, "BeanPole," and to investigate the effects of the brand personality on BeanPole buyers' brand preference, satisfaction and loyalty. The data were collected via a web survey. The sample consists of 500 people between the ages of 18-45 who are familiar with Bean Pole casual clothing brand (male- 40%; female-60%). Sixty-six percent of the sample indicated that they had purchased the Bean Pole clothing during the last three years. A total of five factors were extracted from the brand personality index scale: They were excitement/sophistication, competence, sincerity, ruggedness, and smoothness. Compared to the B/P non-buyers, B/P buyers tended to rate excitement/sophistication, competence, sincerity, and the smoothness brand personality dimensions higher. Multiple regression analysis revealed that excitement/sophistication, competence, sincerity and ruggedness brand personality were significant predictors of respondents' casual clothing brand preference, satisfaction, and brand loyalty. Among these significant predictors, competence was the best predictor of casual clothing brand preference, satisfaction and brand loyalty. Based on these findings, strategic implications are discussed.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.5
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• pp.2821-2830
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• 2014

This study was carried out to define gazelle industry through preceded research for gazelle firm & gazelle region, in order to discover high-growth industries. Gazelle industry is 'employees per company is more than ten people, and over the past five years, within top 10% by Birch employment growth index'. According to the definition of gazelle industry, Chungnam gazelle 105 industries were chosen. Then, analyzed whether Chungnam gazelle industries has competitiveness compared with nation and each city of Chungnam. In addition, typology to industrial development stage was devised by developing of business scale quotient(BQ) and industrial growth rate(IG). And development strategies of Chungnam gazelle industries was proposed case by industrial development stage.