• The Korean Journal of Financial Management
• /
• v.8 no.2
• /
• pp.209-255
• /
• 1991

This paper develops a simple model to explain the reasons why foreign acquirers pay significantly higher premiums for U.S. target firms than do U.S. buyers. We also provide empirical work on the valuation effect of foreign takeovers and the determinants of the wealth gains of U.S. target shareholders involved in foreign takeovers. The results indicate that target wealth gains are significantly higher in foreign takeovers than in domestic takeovers, after controlling for the wealth effects of payment method, acquisition type, tax status, size and time period of bids. This confirms the valuation effect of foreign takeovers. Furthermore, the results of cross-sectional regression analysis show that the variation in U.S. target wealth gains is explained by extra tax benefits stemming from double tax deductions for acquisition-related interest expenses incurred by foreign acquirers. These findings imply that differential taxation across tax jurisdictions is the main source of the valuation effect of foreign takeovers. In addition, we find that there exists a valuation effect of the nationality of the foreign acquirers. Japanese companies pay significantly higher premiums than do non-Japanese acquirers. The finding also indicates that competition among bidders increases the abnormal returns to U.S. target shareholders in foreign takeovers.

• Journal of the Korean association of regional geographers
• /
• v.20 no.2
• /
• pp.230-244
• /
• 2014

This study is to analyze the effects of geography class using taboo games on developing student's ability to think. After playing taboo games in which students explain keyword without using presented taboo words, worksheets of participants were analyzed with interviews to demonstrate what kind of thinking skills are working. The results of the analyses are as follows. First, while divergent thinking is applied to students who explain keyword in taboo games, convergent thinking is applied to students who listen to and guess them. Second, as groups play a role as explainer or answerer in turn, they can learn divergent and convergent thinking together. Third, students seem to improve high-order thinking ability like decision-making, critical thinking, metacogniton through taboo games. Fourth, students have a tendency to use a variety of direct and/or indirect experiences (especially, from media) as well as cross curricular knowledge in order to explain keyword without using taboo words.

• Journal of the Korean association of regional geographers
• /
• v.22 no.4
• /
• pp.856-874
• /
• 2016

This study aims to figure out the weather and climate environment of Seoul area in S. Korea during 1623~1800, which has not been studied so far, by using daily records of weather conditions and meteorological phenomena in the Daily Records of Royal Secretariat of Joseon Dynasty(承政院日記) together with records of abnormal weather conditions and natural disasters in the Annals of the Joseon Dynasty(朝鮮王朝實錄). During 1500~1760 as a period of the Little Ice Age it was generally cold and dry, particularly cool summers of Seoul area. Changes in weather conditions and meteorological phenomena and climate changes appeared prominently at around 1650, 1710, 1770. The annual numbers of rain days and of snow days began to change largely in the 1640s. The rain(and snow) days reduced significantly in the 1710s~1650s, but increased sharply in the 1710s and later. The rain days in summer rapidly increased after the late 1710s, while the snow days greatly reduced after the mid 1770s. The cloudy days around the 1710s greatly reduced in summer, while slightly increased in winter. The hail days increased significantly in the late 1720s and lasted until the 1760s. The fog days began to reduce after 1770 to the fewer days than the climatic normals of 1981~2010. These times are overall consistent with findings of historical climatological cross-checking data and geophysical biological proxy data, accompanied by a trend of relatively enhanced colder and drier of Seoul area.

• Journal of the Korean Society of Earth Science Education
• /
• v.9 no.2
• /
• pp.163-172
• /
• 2016

The aim of this study is to investigate the geological features distributed in the northwest coast, Goheung Gun as a geological field course of all levels. The study area is about 1.6km coast in direction of northwest from Sumundong ferry to Jangsun beach. The learning contents of the geology units in science textbooks from elementary school to high school was analyzed and, geomorphology and geology of study area was investigated for this study. In this study area, lots of geomorphology and geology elements related to the learning contents of the geology units in science textbooks were founded such as gravel beach, sea cliff, granite, rhyolite, andesite, gneiss, sedimentary rocks, fault, unconformity, stratification, cross bedding, graded bedding, intrusion structure, vein, dyke, plant fossil and spheroidal weathering. Characteristically, strata, stratification, granite, sedimentary rocks(conglomerate, sandstone, mudstone and shale), fault, plant fossil and weathering phenomenon were commonly involved with the learning contents of the geology units in elementary school science, middle school science and high school earth science I, II. This area is to be recommended as a site of geological field course for all students from elementary school to high school, as various field work materials for geological learning were distributed and, geological observation trail of about 400m in length for observation of strata and so on was installed along the coast in direction of the northwest from Sumundong ferry.

• Journal of the Korean Society of Earth Science Education
• /
• v.10 no.1
• /
• pp.76-89
• /
• 2017

The purpose of this study is to develop a science field study area using Geumgang(Geum River), fossil origins and various geological resources in Youngdong area of Chungcheongbuk-do as educational resources; and utilize them to develop an education program to cultivate earth science and topophilia. The Youngdong sedimentary basin (Cretaceous period) has a well-developed outcrop along the Geumgang and it is therefore easy to find various geological structures, plant fossils, and dinosaur fossils. Also, it has a distinct sedimentary structure, such as mud cracks, ripple marks and cross-bedding. Science field study area(6 observation sites) were developed based on school curriculum, textbook analysis, and professional earth science education panel discussion to create a convergence education program. The result of validating the developed program showed that all the items were satisfactory ($CVR{\geq}0.88$) in the test categories. The science field study teaching-learning model was applied to actual classes. The evaluation result for class satisfaction was positive, scoring Rickert scale 4.18. The result of observation about the outdoor classroom process in the science field study area revealed that students were able to form a new image of the beautiful scenery of the Geumgang. Also, the students could gain a new understanding, concept and value of various geological objects (sandy beach, stepping-stones, dinosaur footprint fossils, sedimentary formation), which naturally allowed them to form topophilia.

• Journal of Biosystems Engineering
• /
• v.41 no.4
• /
• pp.357-364
• /
• 2016

Purpose: This study was performed to define the drying characteristics of sorghum by developing thin layer drying equations and evaluating various grain drying equations. Thin layer drying equations lay the foundation characteristics to establish the thick layer drying equations, which can be adopted to determine the design conditions for an agricultural dryer. Methods: The drying rate of sorghum was measured under three levels of drying temperature ($40^{\circ}C$, $50^{\circ}C$, and $60^{\circ}C$) and relative humidity (30%, 40%, and 50%) to analyze the drying process and investigate the drying conditions. The drying experiment was performed until the weight of sorghum became constant. The experimental constants of four thin layer drying models were determined by developing a non-linear regression model along with the drying experiment results. Result: The half response time (moisture ratio = 0.5) of drying, which is an index of the drying rate, was increased as the drying temperature was high and relative humidity was low. When the drying temperature was $40^{\circ}C$ at a relative humidity (RH) of 50%, the maximum half response time of drying was 2.8 h. Contrastingly, the maximum half response time of drying was 1.2 h when the drying temperature was $60^{\circ}C$ at 30% RH. The coefficient of determination for the Lewis model, simplified diffusion model, Page model, and Thompson model was respectively 0.9976, 0.9977, 0.9340, and 0.9783. The Lewis model and the simplified diffusion model satisfied the drying conditions by showing the average coefficient of determination of the experimental constants and predicted values of the model as 0.9976 and Root Mean Square Error (RMSE) of 0.0236. Conclusion: The simplified diffusion model was the most suitable for every drying condition of drying temperature and relative humidity, and the model for the thin layer drying is expected to be useful to develop the thick layer drying model.

• The Korean Journal of Pesticide Science
• /
• v.6 no.3
• /
• pp.209-217
• /
• 2002

Two different QSAR methods, the comparative molecular similarity indices analyses (CoMSIA) and hologram quantitative structure activity relationship (HQSAR) are studied for the fungicidal activities ($pI_{50}$) of 2-N-benzyl-5-phenoxy-3-isothiazolone derivatives against sensitive (SPC: 95CC7105) and resisitive (RPC: 95CC7303) phytophthora blight fungus (Phytaphthora capsici). According to the findings from these QSAR investigation, the cross-validation value, $q^2$ and Pearson correlation coefficient, $r^2$ in the two methods were CoMSIA: RPC; $q^2=0.675,\;r^2=0.942$, SPC; $q^2=0.350,\;r^2=0.876$ and HQSAR: RPC; $q^2=0.519,\;r^2=0.869$, SPC; $q^2=0.483,\;r^2=0.990$, respectively. Therefore, the two models of comparative statistical significance were obtained. From the CoMSIA contour maps, the important factors for selective fungicidal activity against RPC are to be expected that the lower hydrophobic and not bulkiness substituent as hydrogen bonding acceptor have to introduce to meta and para-position (C1-C6) on the phenoxy moiety. And the results of prediction suggest that HQSAR method showed higher fungicidal activity than CoMSIA method.

• Journal of Korean society of Dental Hygiene
• /
• v.20 no.3
• /
• pp.313-324
• /
• 2020

Objectives: The aim of this study was to confirm the association among the health status, health behaviors, and periodontitis according to total, age and sex in cases of adult metabolic syndrome(MetS). Methods: This cross-sectional study used collected data from the 7^th Korea National Health and Nutrition Examination Survey (KNHANES) conducted from 2016 to 2018 with 3,394 adults with MetS aged 19-79 years. The complex samples logistic regression analysis confirmed the relevant factors for periodontitis. Results:Periodontitis was diagnosed in 43.6% of all MetS cases. Diabetes (Odds Ratio [OR]=1.554), abdominal obesity (OR=1.336), current smoking (OR=2.465), past smoking (OR=1.379), and not-using oral care products (OR=1.414) were associated with periodontitis in MetS. In the age of 19-39 years with MetS group, diabetes (OR=5.379), elevated blood pressure (OR=3.975), current smoking (OR=7.430), and not using oral care products (OR=3.356) were associated with periodontitis. In the 40-79 age group, diabetes (OR=1.398), abdominal obesity (OR=1.360), current smoking (OR=2.022), and not using oral care products (OR=1.416) were associated with periodontitis. In the male MetS group, current smoking (OR=3.119), past smoking (OR=1.625), and brushing teeth more than three times (OR=0.743) were associated with periodontitis. In the female MetS group, diabetes (OR=1.733), impaired fasting glucose (OR=1.434), abdominal obesity (OR=1.479), and not using oral care products (OR=1.992) were associated with periodontitis. Conclusions: Improvement in blood sugar control, obesity, smoking cessation, and oral health education, including how to use oral care products in all individuals with MetS may result in improved oral health. In addition, improvement in elevated blood pressure in the MetS group aged under 40 years, and brushing teeth more than three times a day in the male MetS group can reduce the risk of periodontitis. Therefore, public and oral health professionals should emphasize on the relationship between age and sex during the metabolic syndrome management program and share relevant information with patients.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.18 no.8
• /
• pp.48-54
• /
• 2017

University dormitories play an important role in both the campus experience and academic achievement, as well as providing the students with their basic necessities. Further, there is a high demand to increase the capacity in order to raise the retention rate and to invite more foreign students. Students' social interaction and sense of community (SOC) also play an important role in reducing the stress associated with studying and home sickness and, consequently,the campus is a place that provides positive opportunities for their personal growth and adaptation into their peer group social culture. The purpose of this study is to investigate the effects of the physical environment of the dormitory facilities on the students' sense of community and social interaction in across-cultural background.The ${\chi}^2$ analysis indicated that individual characteristics exist regarding SOC, however, there were no statistically significant differences between the two cultural groups. The factors of SOC and physical environment were higher in the Korean student group than in the U.S. group. The regression analysis indicated that the U.S. students considered a physically comfortable environment as the primary issue for social interaction, while the Korean group placed more emphasis on a family-oriented home environment. The linear analysis confirmed that satisfaction with the physical environment influenced the social interaction and SOC level. Finally, this study suggests that creating a homely environment is more important than the functioning of the institution in university dormitory planning.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.16 no.5
• /
• pp.3006-3013
• /
• 2015

Flat tube heat exchangers can improve the thermal performance significantly compared with round tube heat exchangers. For proper design of flat tube heat exchangers, one should know the tubeside heat transfer coefficients. In this study, convective boiling heat transfer coefficients of R-410A were obtained in a flat extruded aluminum tube with $D_h=1.41mm$. The test range covered mass flux from 200 to $600kg/m^2s$, heat flux from 5 to $15kW/m^2$ and saturation temperature from $5^{\circ}C$ to $15^{\circ}C$. The heat transfer coefficient curve shows a decreasing trend after a certain quality(critical quality). The critical quality decreases as the heat flux increases, and as the mass flux decreases. The early dryout at a high heat flux results in a unique 'cross-over' of the heat transfer coefficient curves. The heat transfer coefficient increases as the mass flux increases. At a low quality region, however, the effect of mass flux is not prominent. The heat transfer coefficient increases as the saturation temperature increases. The effect of saturation temperature, however, diminishes as the heat flux decreases. Both the Shah and the Kaew-On et al. correlations reasonably predicted the present data.