• Journal of Korea Trade
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• v.24 no.6
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• pp.1-18
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• 2020

Purpose - This study investigates whether a listing effect exists in cross-border M&As and whether the effect can be attributed to the uncertainty of the GDP growth rate in the target firm's home country. We apply a joint variable analysis using M&A announcement data from the Korea Exchange (KRX), Shanghai Stock Exchange (SSE), and the Taiwan Stock Exchange (TWSE) from 2004 to 2013. We also conduct an event study using the measure of the uncertainty of the GDP growth rate (based on IMF statistics) in 55 target countries. Design/methodology - We measure the abnormal return (AR) using the market-adjusted model. We test the significance of the AR and the cumulative abnormal return (CAR) using a one-sample t-test. We examine the characteristics of the CARs depending on whether the target company is listed by applying a difference analysis using CAR as a test variable. In addition, we set CAR (-5, +5) as a dependent variable to identify the cause of the listing effect, and test both the financial characteristic variables of the acquirer and the collective characteristic variables of the merger as independent variables in the multiple regression analysis. Findings - First, we find the listing effect of cross-border M&As in the KRX, SSE, and TWSE, which represent the capital markets in Korea, China, and Taiwan, respectively. This listing effect persists during the global financial crisis and has a negative effect on the wealth of acquiring shareholders, especially when the target countries are emerging markets. Second, greater uncertainty regarding the target countries' economic growth in cross-border M&As has a negative effect on the wealth of acquiring firms' shareholders. Third, our empirical analysis demonstrates that the listing effect is attributable to the fact that firms listed in a target country with greater uncertainty of economic growth are more directly and greatly exposed to uncertain capital markets through stock markets, than are unlisted firms. Originality/value - This study is significant in that it presents a new strategic perspective in the study of cross-border M&As by demonstrating empirically that the listing effect is attributable to the uncertainty regarding the economic development of the target firms' home countries.

• Journal of Radiation Protection and Research
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• v.48 no.3
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• pp.131-143
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• 2023

Background: This study examined the detection limit of thyroid screening monitoring conducted at the time of the Fukushima Daiichi Nuclear Power Plant (FDNPP) accident in 2011 using a Monte Carlo simulation. Materials and Methods: We calculated the detection limit of a NaI(Tl) survey meter to measure ¹³¹I accumulation in the thyroid gland of children. Mathematical phantoms of 1- and 5-year-old children were developed in the simulation of the Particle and Heavy Ion Transport code System code. Contamination of the body surface with eight radionuclides found after the FDNPP accident was assumed to have been deposited on the neck and shoulder area. Results and Discussion: The detection limit was calculated as a function of ambient dose rate. In the case of 40 Bq/cm² contamination on the body surface of the neck, the present simulations showed that residual thyroid radioactivity corresponding to thyroid dose of 100 mSv can be detected within 21 days after intake at the ambient dose rate of 0.2 µSv/hr and within 11 days in the case of 2.0 µSv/hr. When a time constant of 10 seconds was used at the dose rate of 0.2 µSv/hr, the estimated survey meter output error was 5%. Evaluation of the effect of individual differences in the location of the thyroid gland confirmed that the measured value would decrease by approximately 6% for a height difference of ±1 cm and increase by approximately 65% for a depth of 1 cm. Conclusion: In the event of a nuclear disaster, simple measurements carried out using a NaI(Tl) scintillation survey meter remain effective for assessing ¹³¹I intake. However, it should be noted that the presence of short-half-life radioactive materials on the body surface affects the detection limit.

• Korean Journal of Remote Sensing
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• v.30 no.3
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• pp.399-415
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• 2014

The intensity of stormwater runoff is particularly acute across cities located in arid climates. During flash floods loose sediment and pollutants are typically transported across sun-hardened surfaces contributing to widespread degradation of water quality. Rapid, dense urbanization exacerbates the problem by creating continuous areas of impervious surfaces, perforated only by a few green patches. Our work demonstrates how the latest techniques in remote sensing can be used to routinely measure urban land cover types, impervious cover, and vegetated areas. In addition, multiple regression models can then infer relationships between urban land use and land cover types with stormwater quality data, initially sampled at discrete monitoring sites, and then extrapolated annually across an arid city; in our case, the city of Phoenix in Arizona, USA. Results reveal that from 30 storm event samples, solids and heavy metal pollutants were found to be highly related with general impervious surfaces; in particular, with industrial and commercial land use types. Repercussions stemming from this work include support for public policies that advocate environmental sustainability and the more recent focus on urban livability. Also, advocacy for new urban construction and re-development that both steer away from vast unbroken impervious surfaces, in place of more fragmented landscapes that harmonize built and green spaces.

• Journal of Korean Academy of Nursing
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• v.9 no.1
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• pp.23-29
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• 1979

This study on stress and coping method of psychiatric patients and non-psychiatric peoples was applied to people who was divided into two groups from Sep. 25 to Oct. 3, 1978, One is hospitalized patients in psychiatric wards of four hospitals in Seoul. The other is inhibitants in two Dongs of Seoul, This study purposed to the identification of the difference of stressful events’numbers, the severity of stress, and difference of coping methods between psychiatric patients and non-psychiatric peoples. Two instruments are used in this study. The first one to measure stress, is Holmes ＆ Rahe (1967)'s SRRQ (Social Readjustment Rating Questionnaire), which is amended, added or omitted through preliminary test, so that it consists of 48 items. The second one is for evaluating coping method on stress. It consists of 34 items amended through preliminary test after consideration of related literature review and survey on the basis of J.M.Bell (1977)'s“ 18-item-Questionnaire”. The materials were analyzed by S.P.S.S. Program. The results of analysis are as follows: 1. There was no significant difference in stressful event's numbers between psychiatric patients and non-psychiatric peoples (P > 0.5). 2. Psychiatric patients had higher severity of stress than non-psychiatric peoples (P < 0.5). 3. Psychiatric patients took more short-term coping methods than non-psychiatric peoples (p < 0.5).

• Korean Journal of Applied Biomechanics
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• v.17 no.2
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• pp.61-73
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• 2007

The purpose of this study was to investigate the influence of the muscular endurance on the kinematic factors during a prolonged run. Subjects, 12 males, who were divided into three groups(lower group, general group, and in higher group) after measuring the lower limb's muscular endurance previously. They were asked toe run on the treadmill at 7.4km/h of speed. To analyze the kinematics parameters of the trunk during running, the ProReflex MCU Camera(Qualisys, Sweden) were used. All parameters were sampled from 5 minute, 40 minute, and 60 minute moments during running. An ANOVA with Repeated Measure was used to test the statistic significance between and within groups for all parameters determined with SPSS 11.0. Significance was defined as p<.05. The conclusions were as follows; There was significantly difference within(lapse of running time) groups in the take-off and minimum knee angle event of swing phase of the trunk flexion and extension. In conclusion, the muscular endurance affected on movement of the trunk during a prolonged run. In addition, it showed that there was significant difference in the energy consumption by lapse of running time. Therefore, it seems to be relationships between the muscular endurance and running efficiency.

• Journal of Radiation Protection and Research
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• v.10 no.1
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• pp.29-40
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• 1985

The objectives of present study is to investigate genetic damage of radiation in mammalian male germ cell and. to establish available screening method for determining genetic hazard by radiation. Several methods were employed to measure the genetic damage of radiation as follows: Sperm head counts, frequency occurrence of sperm with abnormal head shape, fertility, activity of LDH-X, and the induction of unscheduled DNA synthesis (U.D.S.) in male mouse were performed with the passing of time after irradiation by making use of the sequence of event that occurs during spermatogenesis. Sperm head counts and activity of LDH-X in testes were gradually reduced by increased radiation dose and with the passing of the time after irradiation. Frequency occurrence of sperm with abnormal head shape, sterile period, and the induction of unscheduled DNA synthesis were increased by increased radiation dose. It is suggested that since germ cell is a direct reflection of genetic complement, the use of male germ cell is rapid and convenient method for measuring genetic damage by radiation.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2012.11a
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• pp.141-142
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• 2012

Estimating the productivity of labor has relied on the experience and intuition of an estimator, or productivity data, such as standard in practical estimation. However, when new technologies and new construction methods employed in the construction industry, Dependence of a quantity surveyor's intuition is increased. This is because of the lack of a systematic methodology which models, estimates, and measures the labor productivity, Due to the historical productivity data is unavailable. Even thought project history data contains information that is important to predict the performance of a project, It can not provide valuable information to model, estimate, and measure the labor productivity. This is because 1) the absence of the productivity measurement system with consistency, 2) the difficulty of reusability of historical data collected. Therefor, this study suggests a methodology which build a productivity model by measuring the productivity of labor and collecting the historical data systematically. In addition, this methology is applied to develop a productivity model of shop-drawing and manufacturing process using descrete event simulation.

• Journal of Sensor Science and Technology
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• v.25 no.4
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• pp.280-284
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• 2016

For an arc-flash protection system, the selection of arc-flash sensor in implementation is largely dependent on the coverage area and the spatial resolution. Typically, a point sensor is used to accurately measure an arc event within a very narrow region; whereas, a loop or a line sensor can cover several electrical compartment at the same time, but with a poor resolution. In this work, a novel scheme for an arc-flash sensor was developed by making use of the transmission loss of plastic optical fibers (POFs) to cover a broad range with a high spatial resolution. By relating the amplitude ratio of the arc-signals at the ends of the POF with the arc-location, arc events could be located with a resolution of ~5 cm within a spatial range of 10 m, which has not been reported yet.

• Korean Journal of Biological Psychiatry
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• v.8 no.1
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• pp.131-139
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• 2001

This study was conducted to evaluate the effect of PTSD on memory function and hippocampal volume, and to identify major variables correlated to hippocampal volume and memory function. Thirty four Vietnam veterans were collected for this study, among whom eighteen were PTSD patients and sixteen were combat control subjects. The author used Impact of Event Scale(IES), Combat Exposure Scale(CES), Hamilton Depression Rating Scale(HDRS) and Beck Depression Inventory (BDI). Korea Memory Assessment Scale(K-MAS) was assessed for memory function. Magnetic resonance imaging(MRI) was used to measure hippocampal volume. There were significant differences between PTSD and Non-PTSD veterans in IES, HDRS and BDI. Significant difference was found in verbal memory and total memory of K-MAS between PTSD and Non-PTSD veterans. There was significant difference in hippocampal volume between PTSD and Non-PTSD veterans. Short term memory, verbal memory and total memory were positively correlated to hippocampal volume. Hippocampal volume was negatively correlated to IES, HDRS, and BDI. These results suggest that PTSD severity be associated with hippocampal atrophy and memory dysfunction. Reduced or smaller hippocampal volume may be preexisting risk factor for stress exposure or the development of PTSD on combat exposure.

• Journal of the Korean Institute of Landscape Architecture
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• v.28 no.2
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• pp.1-9
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• 2000

The purpose of this study is to examine influence of interior landscape in commercial spaces on the management benefit. In the course of this study, objects of survey were selected from interior landscaping specialist, manager and consumer who had experiences to visit to the hotel, bank, department store and restaurant. The main method of data collection was interview, questions and gathering materials. The cronbach's alphas program was used to measure the reliability of likert scales. The analysis program was applied a statistical methods. The results of this study can be summarized as follows: The factors considered by consumer who visits to the commercial space are design, interior landscape, traffic, parking capacity, cleanness, price, kindness of employee and event. Factors concerned with the product include branch size, traffic, parking capacity, kindness of employee. Factors concerned with facilities include branch size, traffic, parking capacity, kindness of employee. Major factors of those effects to management benefit are accessibility, time of stay, sales, efficiency of space, attractiveness and difference. In conclusion, overlap style gets the highest degree of satisfaction among total factors. Results of the survey show that factors which improve sales are overlap style and planter type. Among four commercial spaces, hotel is most effected by interior landscape. To enhance the sales of hotel, further study of interior landscape about hotel necessary. For bank and restaurant, further study of economic planter type and style is necessary. For department store, optimal use of spaces and case of maintenance are necessary.