• Journal of Distribution Science
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• v.17 no.3
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• pp.69-83
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• 2019

Purpose - This paper investigates the long term impact of RFID investment on firm value in Korea. We wand to find out why the long term performance of some firm's RFID investment is better than others. To understand the dynamics of the long term returns from RFID investment announcements, we divide our events into groups for each of the independent firm characteristic variable such as investment time period, kind of markets, industries, solvency and growth potential. We composed portfolios based on the RFID investment announcement date for each group and evaluate the monthly abnormal excess returns. Research design, data, and methodology - Based on these calendar-time portfolios, we measure the long term returns from 86 RFID investment announcements of 46 firms from 2003 to 2017. We construct the calendar-time portfolio for 3, 6, 9, 12 months of holding periods. Using the weighted least squares method, we regress the raw monthly returns of the portfolios on the Fama-French model and Carhart(1997) model. As a result, we can get the estimated risk adjusted mean monthly abnormal excess return α_P for each of the calendar-time portfolio. Results - We found that early adopters, large firms, non-manufacturing firms have very significant excess returns. We also found modestly significant excess returns for financially stable firms and slow growing firms. Put together, top managers of the firms which plan to invest RFID should understand the strategic role of RFID adoption and the generalized business process of distribution information technology investment in Korea. Moreover, the findings of this paper provide useful trading strategies to the managers of large funds who are considering on investing in RFID adopting firms. Conclusions - Put together, the results of this paper give us a new insight into how the RFID and IT technology in general and other characteristic factors' interactions affect the long term performance of firms. Using the unbiased estimates of long term returns of the calendar-time portfolios, this paper extends the understandings on short term impact of RFID adoption of existing studies. This paper also extends the current understandings of firm characteristics that affect the long term performance of RFID adopting firms.

• Journal of Korean Society on Water Environment
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• v.39 no.4
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• pp.329-342
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• 2023

Turbid water and suspended sediment (SS) load are having negative consequences such as water quality degradation and ecological damage, thus necessitating the establishment of management guidelines to reduce their impact. The present work investigates the spatio-temporal distribution of fish species and the effects of turbid water from 2011-2016 in the upper reaches of Soyang-Dam. The family Cyprinidae is the largest population in the study area, among which Zacco platypus and Zacco koreanus are the dominant species. The diversity of species is relatively abundant in the upper watershed, while the seasonal effect on the population distribution remains unclear. Using two main common components of the empirical orthogonal function (EOF) analysis, the distribution characteristics of 27 species at five survey sites are revealed. Zacco koreanus is found to be predominant at the upstream A-Naerincheon, while Zacco platypus and Rhinogobius brunneus are found to be predominant at the upstream B-Bukcheon. Disturbance of an aquatic ecosystem has a relatively greater impact in the downstream, as-compared to the upper area-the high proportion of forest area is decreased whereas that of agricultural and urbanized areas is increased. The patterns of representative species are changed according to the mid- to long-term effects of turbid water and SS. Accordingly, the significant correlation between the SS load and fish distribution EOF analysis indicates that it should be considered as a potential alternative that can overcome the limitations of impact assessment on turbid water to the Fish Assessment Index (FAI). A comprehensive study examining the long-term effects of SS load to the fish ecosystems with a systematic statistical analysis of sufficiently accumulated data at the national level is needed as future research.

• Journal of Environmental Science International
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• v.33 no.2
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• pp.161-168
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• 2024

This study was conducted to identify the pollutants generated by the fuel complex and to determine the health effects of the surrounding residents. In addition, based on the results of epidemiological surveys and health impact surveys of local residents, we analyze the distribution of patient groups and exposure characteristics according to the distance from the fuel complex boundary. Samples were collected from the briquette plant within the fuel complex and analyzed by SEM-EDXA, X-ray Fluorescence Spectrometer, and ICP. In addition, the distribution of patients and exposure characteristics were analyzed according to the distance from the fuel complex and yard boundaries. Analysis of briquette samples from the fuel complex showed that the average particle size was 10-30 ㎛, the shape was irregular, and SiO₂ accounted for more than 50%. It is believed that silica, which causes pneumoconiosis, may have been scattered into the air. In particular, there was a large distribution of 5 ㎛ particles that affect respiratory diseases. According to the analysis of the residential addresses and distribution of pneumoconiosis cases, many pneumoconiosis cases were located in the area between 200 and 500 meters from the boundary of the fuel complex. In addition, 28 pneumoconiosis cases were identified as a result of the epidemiological survey and health impact survey at the fuel complex. In detail, there were 8 cases of occupational pneumoconiosis, 6 cases of environmental pneumoconiosis, and 14 cases of occupational and environmental pneumoconiosis. The confirmed pneumoconiosis cases were located between 0.3 and 1.1 kilometers from the fuel complex. It was found that environmental pollutants generated by the fuel complex adversely affect the health of local residents. In particular, there are many cases of pneumoconiosis in the area between 200 and 500 meters from the boundary of the fuel complex, and this distance is considered to be the direct and indirect impact zone of the briquette plant.

• Journal of Environmental Impact Assessment
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• v.9 no.4
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• pp.339-348
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• 2000

This study was conducted to investigate the distribution pattern of plants on the streamside of Goggyochun, and to survey the distribution of heavy metal-contaminated soils and plants. A total of 11 survey sites were selected along the Goggyochun during the period of between June and September 1999. The wet land plants were composed of 44 species. The most frequently occurring species in the study sites were Rumex crispus, Persicaria hydropiper, Cyperus amuricus and Setaria viridis, and among them the Humulus japonicus, Erigeron canadensis and Phragnites communis species were dominants of the community. Analysis of soil properties showed that organic matter and clay contents were higher in the upstream region while sand content was higher in the downstream region. The pH and the organic matter contents of soils were at range of 6.70-9.94 and 2.39-15.16% respectively. The average contents of Pb and Cd in soils were 11.96mg/kg and 1.64mg/kg respectively, and these values were higher as compared with those of ordinary soil in Korea. The average contents of Zn and Pb in Persicaria hydropiper were 8.30mg/kg and 7.38mg/kg respectively, and these values were higher than other plants. The distribution of heavy metals in plants varied in accordance with the species regardless of the sites.

• Journal of Environmental Impact Assessment
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• v.21 no.5
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• pp.735-743
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• 2012

Since the CBD(Conservation on Biological Diversity)'s 10th Conference of the Parties adopted the protocol on access to genetic resources and benefit sharing in Nagoya 2010, the importance of endangered species studies such as habitat distribution, protection and management have been more emerged. Corylopsis coreana, an endangered species in Korea, was isolated nationally and has been damaged by anthropogenic factors. In this paper, we identified the factors affecting C. coreana habitat at the national scale and regional scale using National Survey of Natural Environment and predicted the distribution of C. coreana. Annual precipitation, precipitation of wettest quarter, temperature seasonality and Digital Elevation Model(DEM) were derived as important factors at the national scale, and precipitation of wettest quarter, DEM and solar radiation on spring were identified as important factors at regional scale. Colylopsis distribution was affected by an effect of climate significantly at the national scale, and by additionally the microclimate and topography at regional scale. These findings will be used as the basis on habitat conservation and restoration plan and climate change.

• The Journal of Industrial Distribution & Business
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• v.9 no.4
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• pp.37-42
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• 2018

Purpose - The purpose of this study is to analyze the current status of various fusion research journals and the operational strategies of such journals and compare them with the operational strategies of IJIDB. Research design, data, and methodology - This study focused on the contents analysis of convergence journals after summarizing the development history from IJIDB's past and its external situation. In addition, we analyzed other strategies such as the number of publication journals, the number of publications, the academic scope, and the impact factor that other convergence journals operate on. Results - As a result of the analysis, the convergent journals showed to have several related journals, and some journals managed their impact factor well at 5.8. Also, some journals loaded 25 papers in one volume. Also, the managerial functions in IJIDB should be developed further to increase its stability. Finally, opportunities for articles by Candidates of Ph.D. and Masters degree students should be more open to in this field. Conclusions - If IJIDB finds its competitiveness in comparison with the operational strategies of other convergence journals, it will be the best journal in the Korea Citation Index to receive the most research papers and hospitality from scholars in the Korean journals.

• Journal of Distribution Science
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• v.19 no.12
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• pp.71-81
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• 2021

Purpose: This study to seek to answer two research questions in distribution science: what photo decoration cues in online grocery stores could be identified? Could photo decoration cues significantly effect on the affective perception and behavioral intention of consumers? Research design, data, and methodology: his study conducted a laboratory experiment with a 2×2×2 factorial design to validate the proposed research model and test our proposed hypotheses. Research design, data and methodology: Two stages experiments were adopted in this study, among 360 voluntaries who have had an experience of online grocery shopping, 331 valid data had been collected and analyzed using MANOVA and PLS-SEM algorism. Results: (1) both reflective surface and complementary goods layout lead to visual appeal and shopping enjoyment; (2) contrast color usage positively impacts on visual appeal while does not significantly affect shopping enjoyment; (3) consumers' affective responses positively impact attitudes toward product and store which in turn lead to purchase intention and store loyalty. Implications for research and practice are discussed. Conclusions: Using the media richness theory, visual rhetoric theory and visual design literature as the theoretical foundation, the study provides a solid foundation to comprehend the impact of photo design artifacts on consumers' affective responses when online consumers shopping online for fresh grocery.

• Journal of Distribution Science
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• v.21 no.2
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• pp.1-6
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• 2023

Purpose: Research on attracting foreign direct investment plays an important role in ASEAN countries. ASEAN has needed FDI capital for development and integration with many developing countries. Research design, data and methodology: This study is conducted to assess the impact of factors: inflation (INF), economic growth (GDP), population (POP), and trade (TRADE) on attracting foreign direct investment (FDI) of ASEAN countries. The study will find out how factors distribution contributes to FDI attraction. The study collects data from 10 ASEAN countries from 2010 to 2020. With data collected for ten countries from 2010 to 2020, data analysis with panel data will be used in this study. The Regression with Driscoll-Kraay standard errors correction model will be used in the study. Results: Panel data analysis shows that economic growth and population positively impact FDI attraction in ASEAN countries. However, two factors: INF and TRADE, do not affect FDI. Conclusions: Countries need to focus on economic development, create many good conditions for people and domestic enterprises and create opportunities for foreign investors to pay more attention. improving the quality of domestic human resources will help to better improve the working quality factor when the demand for high-quality human resources increases.

• Journal of Distribution Science
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• v.20 no.10
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• pp.51-60
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• 2022

Purpose: The aim of this research is to study 1) the effects of internal factors (technological capability and entrepreneurial orientation) that affect Thailand's hotel business network capability. 2) the effects of external factors (government policy and trust relationship) that affect Thailand's hotel business network capability. 3) the impact of network capability on the firm performance. 4) the moderating effect of absorptive capacity between network capability and firm performance. Research design, data and methodology: The test model collected data from a mail survey of 164 hotel businesses in Thailand. The correlation and multiple regression were adopted to analyze and test the proposed hypotheses. Results: Interestingly, technological capability, entrepreneurship orientation, and trust relationship have a direct impact on network capability. However, network capability still does not have a significant relationship with firm performance in all dimensions. Surprisingly, the absorptive capacity does not have a moderating effect on the relationship of network capability on firm performance of hotel businesses in Thailand. Conclusions: This research found that the hotel business should focus on analyzing the external and internal environment as it affects network building, which will guide the creation of strategies for further increasing hotel distribution channels and competitive advantage.

• Journal of Distribution Science
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• v.21 no.4
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• pp.11-20
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• 2023

Purpose: 1) develop a learning model involving design thinking to develop creative economy innovation and the characteristics of digital entrepreneurs. 2) evaluate the impact of design thinking on creative economy innovation 3) evaluate the impact of design thinking on digital entrepreneurial ability. Research design, data and methodology: 1) develop a learning model involving design thinking in order to develop creative economy innovation and the characteristics of digital entrepreneurs. 2) Evaluating creative economy innovation involving design thinking. 3) Assessing the characteristics of digital entrepreneurs based on design concepts. Results: 1) the development of a learning model involving design thinking to develop creative economy innovation and digital entrepreneurial competency 2) The students who studied using the learning model involving a design thinking process had the highest overall scores in terms of creative economy innovation 3) The scores for the assessment of digital entrepreneurial activity for the students who studied by using the design thinking learning model were at a high level. Conclusions: The development of the design thinking learning model can encourage students to be able to develop creative economy innovations and to empower digital entrepreneurs' ability for distribution strategy. Educational institutions that would like to succeed in developing creative economy innovative and digital entrepreneurship characteristics with the support of design thinking.