• The Korean Journal of Financial Management
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• v.21 no.2
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• pp.27-63
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• 2004

Since the 1980s, many multinational corporations have been issuing stocks on foreign stock exchanges, not only to enhance their investor base and liquidity, but also to diversify risks. The phenomenon has also been intensified by the rapid financial globalization and securitization trends. The main purpose of this study is to look into the long-run performance of MNCs' cross-listings of stocks on foreign stock exchanges. We use the event study and cross-sectional regression methods. We obtained some interesting empirical results about the long-run effect of cross-listings. First before the listing data the effect of cross-listing is to increase the underlying stock Vice in the local market. It may be caused by expectation of lower risk and cost of capital. However, after the listing data the stock price has been declining, even if it is not significant. Second, we examine the difference in the long-run cross-listing effect, which may be caused by the listing direction. When listing is made from a less developed market to a more developed market, the effect is better than that in the reverse direction. Furthermore, the effect is worse, when the listing company's home country is the U.S. Third, there is a negative relation between CARs and underlying stock liquidity in the local market, So it implies that a firm, whose underlying stocks are very liquid in the local market should carefully value cross-listing based upon the cost and benefit analysis. Last, but not the least we find that the long-un cross-listing effect is better, when a listing firm's ROE is higher.

• Proceedings of the Korea Association of Information Systems Conference
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• 2003.05a
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• pp.241-251
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• 2003

The rapidly changing environment have forced organizations to improve systems thinking capability to coordinate diverse activities across cross-functional business areas necessarily involving group decision-making processes. Although many approaches have been introduced to enable the collaborative processes of group decision-making, they often lack features supporting the dynamic complexity issues. The study proposes system dynamics modeling based on simulation techniques to improve systems thinking capability in group decision-making context.

• Proceedings of the CALSEC Conference
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• 2000.08a
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• pp.179-186
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• 2000

ㆍ A sub-set of SGML (Standard Generalized Markup Language) ㆍ A family of standards ㆍ XML 1.0 is the specification that defines what tags, attributes and other XML nodes are ㆍ License-free, platform-independent and well-supported ㆍ Simple ▶ Human-readable, easy to use ㆍ Extensible ▶ A dynamic data model ㆍ Flexible ▶ For handling complex data ㆍ Portable ▶ For cross-platform data exchange ㆍ Standard ▶ Easy to integrate, widely adopted(omitted)

• Journal of Information Technology Applications and Management
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• v.14 no.2
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• pp.169-187
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• 2007

Most private and public organizations use, for their works, information systems that change their organizational structures. Nowadays, many organizations have team-based structures where typically a cross functional team is in charge of a business process. The effective communication among the members of a team is an important factor of team performance in that communication facilitates trust building, knowledge exchange, change acceptance, and safety improvement. This paper reviews methods for analyzing communication among team members from three aspects such as the content, the amount, and the structure of communication.

• ETRI Journal
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• v.30 no.4
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• pp.565-575
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• 2008

As networks increase and cross-convergence occurs between various types of devices and communications, there is an increasing demand for interoperable service in the business environment and from end users. In this paper, we investigate interoperability issues in the digital rights management (DRM) and present a practical framework to support interoperability in environments with multiple devices. The proposed architecture enables end users to consume digital content on all their devices without awareness of the underlying DRM schemes or technologies. It also enables DRM service providers to achieve interoperability without costly modification of their DRM schemes.

• Electronics and Telecommunications Trends
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• v.33 no.2
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• pp.22-29
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• 2018

A multi-channel network(MCN) is an organization that works with video platforms, such as YouTube, to offer assistance to channel owners in areas such as "products, programming, funding, cross-promotion, partner management, digital rights management, monetization/sales, and/or audience development" in exchange for a percentage of the ad revenue from the channel. This paper examines the market trends, business trends, and future evolution of an MCN. It also examines the status of the MCN industry in the media industry and the strategic direction for future industry development.

• Journal of the Korea Society for Simulation
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• v.12 no.1
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• pp.49-58
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• 2003

There have been growing recognition on the needs of coordination of diverse activities across cross-functional business areas necessarily involving group decision-making processes. Although many group decision-making support tools and methods have been introduced to enable the collaborative processes of group decision-making, they often lack features supporting the dynamic complexity issues. This study proposes system dynamics modeling approach based on simulation techniques to deal with the group decision-making tasks having properties of dynamic complexity.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.12
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• pp.255-265
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• 2020

This study examines whether the adoption of International Financial Reporting Standards (IFRS) has increased financial statement comparability among firms and reduced undervaluation of Korean firms in the capital market by enhancing financial statement comparability. The so-called Korea Discount, which indicates an inefficient allocation of capital, has been attributed to lack of transparency and comparability of accounting information. Therefore, an efficient distribution of capital in the market was intended when IFRS was first adopted in Korea, but such progress is based on a premise of enhancement in Korean firms' accounting information comparability. This study conducts empirical analysis by using a comparability measure by De Franco et al. (2011). More specifically, it analyzes differences among comparability of domestic firms following IFRS adoption, with firms in the EU, which adopted IFRS in 2005, and with firms in the U.S., China and Japan that do not follow IFRS. The analysis of changes in domestic firms' comparability finds that their comparability improved following IFRS adoption. Meanwhile, the examination of cross-national differences in comparability demonstrates that, although there has been no significant change in comparability with firms in the U.S. and the EU across Korean industry since IFRS adoption, comparability with China has decreased while that with Japan improved.

• The Journal of Society for e-Business Studies
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• v.4 no.3
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• pp.25-42
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• 1999

As todays manufacturers and business organizations are struggling to compete in the global marketplace, they are concentrating on the efficient use of numerous information on design, development production, testing, distribution, and maintenance of products throughout their whole life cycles. To meet these organizations demands on information integration, the CALS has been recently focused as a dominant philosophy. In this paper, we introduce the computer supports for engineering CALS in which the engineering process at an initial phase of product development is simultaneously and collaboratively peformed. The proposed system supports the following functions: a virtual prototyping, a distributed collaborative design, and engineering information management. We have conformed to CORBA (Common Object Request Broker Architecture) standard to support interoperability between distributed objects and have used JAVA to support cross-platform and distributed user access to the system on the Web. Under this system, multidisciplinary design teams in engineering CALS environment can collaboratively perform their tasks, share design information and communicate with each other on the Web.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.6
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• pp.351-363
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• 2020

The objective of this paper is to explore how board gender diversity affects corporate sustainability performance. Therefore, this paper examines the direct association between board gender diversity with corporate sustainability performance and the mediation effect of enterprise risk management (ERM) on this association. The study employed a cross-sectional survey method. Data were collected from annual reports, websites, and through the questionnaires that were distributed to Chief Financial Officers (CFOs) of all the listed companies of Dhaka Stock Exchange, Bangladesh. The partial least square technique of Structural Equation Modelling (SEM) approach was employed for data analysis. The result did not find support for the direct association between board gender diversity and sustainability performance in Bangladesh context. This implies that contextual factors, such as, male-dominant board, appointment of female directors based on family ties, lack of education and expertise etc. may discount gender diversity direct influence on sustainability performance. However, the study finds strong support for the mediating role of ERM use within the corporate structure. Further analysis of indirect effect suggests that ERM use mediates the relationship of board gender diversity and sustainability performance in full. This implies that in the Bangladesh context effective use of ERM is highly recommended.