• Proceedings of the Computational Structural Engineering Institute Conference
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• 1999.04a
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• pp.187-194
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• 1999

Laminated rubber bearings are widely used as a key component in seismic isolation of structural systems subjected to earthquake loadings. The combination of rubber layers and reinforcing steel shims makes the bearings conditionally unstable similar to buckling of ordinary columns. The shear flexibility of these short columns can lead to relatively low buckling Toads which may be further reduced when high shear strains are simultaneously imposed As an analytical approach, the area reduction formula has been proposed to account for the reduction in buckling load due to shear, but the degree of conservatism is unknown. In order to complement analytical approaches, a non-linear finite element analysis can be used. In this paper, a numerical study which aims at determining the effect of high shear strain on the critical load of elastomeric bearings is presented. From the load-displacement curve at each specified shear displacement, the buckling load can be obtained using the Southwell procedures. The results obtained are then compared against the theoretical predictions in order to examine the validity and the conservatism of the theoretical formulas.

• Proceedings of the KSME Conference
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• 2001.11a
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• pp.16-21
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• 2001

The PTS reference temperature of reactor pressure vessel for one of the Korean NPPs has been predicted to exceed the screening criteria before it reaches it's design life. To cope with this issue, a plant-specific PTS analysis had been performed in accordance with the Regulatory Guide 1.154 in 1999. As a result of that analysis, it was found that current methodology of RG. 1.154 was very conservative. The objective of this study is to examine the effects of changing various input parameters and to determine the amount of conservatism of the current PTS analysis method. To do this, based on the past PTS analysis experience, parametric study were performed for various models using modified VISA-II code. This paper discusses the analysis results and recommendations to reduce the conservatism of current analysis method.

• Iberoamérica
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• v.22 no.2
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• pp.99-122
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• 2020

The design and implementation of the so-called Mexican Fourth Transformation(Cuarta Transformacion, 4T), as an alternative form of government, faces daily the attack and violence of conservatism through a permanent campaign that seeks to instill fear in society, based on a web of lies that tries to create the image of a situation of political ungovernance in the public opinion. This work is a documentary analysis that accounts for the types of harassment of the conservative elite against the 4T; the objective is to show the forms of violence that threaten democracy. In conclusion, this study attempts to argue that the violence that conservative neoliberals caused against the 4T has its origin in that they feel threatened, because the reform policy of AMLO goes against their class interests.

• Journal of Daesoon Thought and the Religions of East Asia
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• v.3 no.2
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• pp.147-148
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• 2024

• Transactions of the Korean Society of Pressure Vessels and Piping
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• v.15 no.2
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• pp.19-30
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• 2019

In this study, to evaluate conservatism of various fatigue life evaluation procedures, fatigue tests were conducted using compact tension (CT) specimens with a round notch, made of A516 Gr.70 carbon steel and A240 TP304 stainless steel, under load-controlled cyclic condition. Experimental fatigue failure cycles were measured and compared with predicted fatigue lives using two different life evaluation methods; (1) Design-By-Analysis (DBA) procedure given in ASME B&PV Code, Sec. III, Div. 1, Subsec. NB-3200 and (2) structural stress-based approach provided in ASME B&PV Code, Sec. VIII, Div. 2, Part 5. To predict fatigue failure cycles, three-dimensional elastic finite element analysis was conducted. Fatigue lives were predicted by both design fatigue curve given in ASME B&PV Code, Sec. III, Div. 1, Appendices and best-fit fatigue curve suggested in NUREG/CR-6815 for the DBA procedure. Finally, fatigue lives evaluated by various methods were compared with test results, and then conservatism between each evaluation procedure was discussed.

• Journal of Digital Convergence
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• v.14 no.8
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• pp.105-113
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• 2016

This study analyzed and verified panel data based on CSMAR (China Stock Market & Accounting Research) DB from 2002 to 2014 in order to find out significant differences of conservative accounting before and after Chinese companies adopted international accounting standards. Financial changes in companies can occur at the point of change in accounting standards, and as the difference would affect conservative accounting, it is important to understand conservatism in financial transaction. In this study, earnings per share and price, return on equity, and debt ratio were measured. As a result of analysis, conservative accounting has increased after the introduction of accounting standards, and as the debt ratio was higher, the proportion of conservative accounting was higher. Thus, at a certain point of change in accounting standards, companies apply conservative accounting in order to improve reliability in an unstable future financial environment. Therefore, this study is expected not only to practically influence business practice in changes in GAAP rules but also to provide useful guidance for future studies.

• Cross-Cultural Studies
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• v.27
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• pp.31-57
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• 2012

The 19th century could not relatively receive attention from local researchers because it was treated as the past cut off from the present as the formative period of modern states of Latin America. According to the characteristics of area studies which focus on changes of politics and society, studies on past affairs could not have been the main focus of attention. But as new liberalism has appeared in Latin America, is throwing the spotlight on liberalism. In addition, the studies on the 19th century have been activated and gradually expanded. And interpretation about the 19th century's history has been variously arranged. Especially, discussion on liberalism and conservatism was established as the key words which can understand and reconsider Latin America in the 19th century. Colombian liberalism which could not overcome heritage of the colonial period in the 19th century and did appear advocating reformation was another form of authoritarianism. Reformation promoted by liberalism was utilized to keep privilege of the ruling class, not to remove the social and economic structure derived from the colonial period. New reformist forces which advocated mercantilism after the middle of the 19th century but they were formed based on the existing system. Colombian Liberal Party was developed as "Another name of conservatization" by reflecting understanding of the conservatives. Colombian liberalists preferred federalism to cut off from repressive characteristics of Spanish colonial rule and secure autonomy of local control through reformation based on economic understanding. Therefore, discussion on the form of government which focused on federalism and centralism acted as the causes of conflict between Colombian liberalism and conservatism. Based on this point, this study tries to analyze liberalism reforms which is the main issue in the Colombian history in the 19th century and consider history of Colombian political conflicts focusing on federalism. The origin of Violencia which is the political violence and Colombian history in the 19th century which has been a series of rebellion can be considered through this procedure.

• The Journal of the Korea Contents Association
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• v.22 no.4
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• pp.314-323
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• 2022

This study examines the effecs of National Pension Service blockholders on accounting conservatism. The sample consists of 10,117 non-banking firm-years listed in Korea Stock Exchange(KOSPI) during the period 2011 to 2018. The results of this study are as follows. First, it was found that companies in which the National Pension Service as a major shareholder hold more than 5% of the shares are less prone to conservative accounting treatment than those that do not. Second, such a negative relationship between investment by the National Pension Service and conservative accounting was consistently found even when the investment period of the National Pension Service was divided into short-term (less than 1 year) and long-term (more than 3 years). It is expected that the National Pension Service, the largest institutional investor in Korea, will be able to carry out meaningful management control activities on investment companies. As the monitoring function of the National Pension Service works effectively in the capital market, agency costs are reduced, and investors' demands for corporate conservative accounting have decreased.

• Management & Information Systems Review
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• v.38 no.1
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• pp.155-168
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• 2019

The objective of our study is to examine the Earnings Quality of Win-Win Growth Corporate. The level of Win-Win Growth Corporate is measured by Win-Win Index of korea commission for corporate partnership. Earnings Quality is proxied by Accounting Conservatism that is measured by the method of Givoly and Hayn(2000). The samples of this study selected from listed corporate, consist of 3,608 observations can be collected from 2011 to 2017 at TS-2000. The result of this study can be summerized in the following. the Win-Win Growth has a significant positive relevance on Accounting Conservatism is the proxy of internal Earnings Quality. This means that Win-Win Growth corporate has a higher the Earnings Quality relatively. These results were supported by additional analysis that used the sample that is made up the Win-Win Growth Corporate completely. According to our study, we can expect that the Earnings Quality of Win-Win Growth corporate is true as steel. But this study have some limitation. Especially we can't explain the reason why the Win-Win Growth has a significant positive relevance on Earnings Quality. And, despite additional analysis, there are the limitation of controlling for endogeneity. We hope that our paper can help investor making a economic decision on investment and officials making a effective policy on the Win-Win Growth.

• Journal of Industrial Convergence
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• v.20 no.12
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• pp.59-70
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• 2022

This study investigates the sensitivity reflected in the accounting earnings differs according to the difference in the characteristics of accounting information such as profit and loss for the same market information. For this, market information and accounting data were analyzed for 11,462 non-financial listed companies listed on the KOSPI and KOSDAQ markets from 2012 to 2020 by using Basu's measurement of conditional conservatism and Ball and Shivakumar's measurement of conservatism. Accounting earnings sensitivity was analyzed according to the combination of information. As a result of the study, it was confirmed that both earnings and losses corporates recognize losses with delay, while losses are recognized quickly by loss corporates and delayed recognition by earnings companies. It was confirmed that more strict conservatism was applied to the losses corporates compared to the earnings corporates by delaying the recognition of earnings while the early recognition of the losses. It provides empirical data on the causality between the asymmetric timeliness and the combined effect of market information and accounting information by verifying that the losses corporates responds sensitively to market information while the earnings corporates does not react sensitively to the market information.