• Title/Summary/Keyword: Exchange value

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Preparation and Properties of Sufonated High Impact Polystyrene(HIPS) Cation Exchange Membrane Via Sulfonation (술폰화 반응에 의한 High impact polystyrene(HIPS) 양이온교환막의 제조 및 특성)

  • Kim, Yong-Tae;Kwak, Noh-Seok;Lee, Choul-Ho;Jin, Chang-Soo;Hwang, Taek-Sung
    • Korean Chemical Engineering Research
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    • v.49 no.2
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    • pp.211-217
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    • 2011
  • In this study, ion exchange membranes were prepared using high impact polystyrene(HIPS) with various crosslinking and sulfonation time. Degree of sulfonation(DS) of sulfonated HIPS(SHIPS) membrane was increased with sulfonation time and decreased with crosslinking time. The highest value of DS was 66%. Also, water uptake and ion exchange capacity(IEC) of SHIPS membrane were decreased with degree of crosslinking and increased with sulfonation time. Then their values were 35.2% and 1.55 meq/g, respectively. Electrical resistance and ion conductivity of the membranes were showed more excellent value with sulfonation time. The maximum value of electrical resistance and ion conductivity were $0.4\Omega{\cdot}cm^{2}$ and 0.1 S/cm, respectively. It is indicated that the SHIPS membrane has the higher performance compare with Nafion 117. Durability of SHIPS membranes in a organic solvent was increased with increasing crosslinking time. The surface roughness of HIPS membranes were confirmed with SEM that was become uneven surface with progressing sulfonation.

Activation plans of the Cultural Exchanges between Korea' and the Czech Republic's Animation (한국과 체코의 애니메이션 교류를 통한 문화교류 활성화 연구)

  • Park, Ki Bok
    • Cartoon and Animation Studies
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    • s.36
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    • pp.619-641
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    • 2014
  • Animation is an important tool to establish the identity of mutually related countries, as cultural contents with the economic value. That is, it is necessary that the Korean animation should extend the previous boundary of exchange, for the status of representative cultural industry in the 21st century global market. Especially, to overcome the regionally prejudiced and unbalanced cultural exchange, the possibility of extension with Czech animation, which has not had an active exchange with Korea, will be considered and the efficient method will be proposed. The Czech Republic is geopolitically located in the center of Europe and its infrastructure like industrial construction, investment environment, human resources is outstanding among Visegrad Group. The Czech Republic has a remarkable cultural border-crossing phenomenon, and as a complex country of cultural and religious characteristics of eastern and western European, it is a powerful nation leading Central Europe. Therefore, the animation exchange of Czech and Korea is valuable in culture and economy of both nations. Through such an animation exchange of both nations, not only Korean animation secures the diversity of exchange but also insignificant cultural exchange after formal establishment of diplomatic relations in 1990, will be revitalized and international firm relationship of both nations will be established. Therefore, as an activation plan or cultural exchange of Korea and the Czech Republic, concrete plan like Stop Motion Animation Workshop is proposed.

Disclosure Quality and Economic Value Added

  • Baygi, Seyed Javad Habibzadeh;Javadi, Parisa
    • The Journal of Industrial Distribution & Business
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    • v.6 no.2
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    • pp.5-11
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    • 2015
  • Purpose - This research investigates the effect of disclosure quality with two main components, reliability and timeliness, on economic value added in Iran. Research design, data, and methodology - The sampling includes 170 Tehran Stock Exchange listed companies from 2008-12. Multiple regression analysis was applied to test the hypotheses and estimates of the coefficients. Firm size and return on assets were the control variables. Results - The results show that timeliness of information has a positive impact on economic value added. We did not find any significant relationship between disclosure quality and reliability of information and economic value added. The regressed model shows that there is no significant association between firm size and economic value added. The results also show that there is a positive association between return on assets and economic value added. Conclusions - Theoretically, timely information is effective in decision-making. This study shows that timeliness of information has positive effect on the creation of economic value added. However, disclosure quality, reliability, and firm size do not effect on economic value added. Companies with greater return on assets produce greater economic value added.

Impacts of Financial Constraints on Firm Value for KONEX Listed Firms

  • Zhang, Xue Dong;Kang, Shinae
    • The Journal of Economics, Marketing and Management
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    • v.9 no.4
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    • pp.1-8
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    • 2021
  • Purpose: This study empirically investigates what factors contribute to corporate value in the Korea New Exchange (KONEX) market and determines whether financial constraints contribute any effect on it. Research design, data and methodology: A fixed-effect panel regression model was utilized to analyze financial constraints on firm value for KONEX listed firms through the fiscal period from 2013 to 2020. Results: we find that firms' research and development, volatility, size, and sales growth give significant impacts to firm value, but the significance and direction are different. In addition, no significant relationship exists between the largest shareholder's equity ratio and firm value in all models. The debt-to-equity ratio did not show a significant relationship with corporate value. A significant negative relationship was found between R&D and corporate value in the entire sample. Volitility exhibited a positive relationship with corporate value in the entire sample and financially unconstrained companies. Firm size presented a significant negative relationship with company value in all models. Sales growth showed a significant negative relationship with corporate value in financially constrained companies. Conclusions: No difference is found between financially constrained and unconstrained companies in the KONEX market. We can infer that KONEX companies have a large difference with KOSPI or KOSDAQ. Further analysis is needed on the differences among these markets.

Estimating the Determinants for Transaction Value of B2B (Business-to-Business): A Panel Data Model Approach (패널 데이터모형을 이용한 기업간전자상거래 거래액 결정요인 추정에 관한 연구)

  • Kim, Hee-Cheul;Shin, Hyun-Dae
    • Journal of the Korea Society of Computer and Information
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    • v.15 no.11
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    • pp.225-231
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    • 2010
  • Transaction value of business-to-business(B2B) is composed of various factors for groups and time series. In this paper, we use the panel data for finding various variables and using this we analyse the factors that is major influence to transaction value of business-to-business. For analysis we looked at transaction value of business-to-business of 7 groups such as manufacturing industry, electric, gas and piped water industry, construction industry, retail & wholesale trade, traffic industry, publish, image; broad-casting & telecommunication and information service industry, etc. In our analysis we looked at the transaction value of business-to-business during the period from 2005.01 to 2009.12. We examined the data in relation to the transaction value of cyber shopping mall, company bond, composite stock price index, transaction value of credit card, loaned rate of interest in deposit bank, rate of exchange looking at the factors which determine the transaction value of business-to-business, evidence was produced supporting the hypothesis that there is a significant positive relationship between the transaction value of cyber shopping mall, composite stock price index and loaned rate of interest in deposit bank, rate of exchange. The company bond is negative relationship, transaction value of credit card is positive relationship and they are not significant variables in terms of the transaction value of business-to-business.

A Study on Characteristics of Library Space from the Perspective of Communication (커뮤니케이션학 관점에서 본 도서관 공간의 특성에 관한 연구)

  • Hwang, Mee-Young
    • Korean Institute of Interior Design Journal
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    • v.20 no.3
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    • pp.233-241
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    • 2011
  • Modern society is heading towards a knowledge & information based society where knowledge and information is valued, or a knowledge creation society where information is analyzed and processed to be used as knowledge. This means that not only individuals but also every organization is always surrounded by information and that we are witnessing a transition into a society where the value of knowledge and information is increasingly higher so sometimes we must actively explore and use the information across the whole social structure involved with politics, economy and culture. Recently, while the amount of information at public libraries at home and abroad has greatly increased in volume and the kinds have become diverse, efforts for digitalizing and integrating knowledge & information resources are being pursued aggressively. A new paradigm of facilities and space configuration for public libraries is required so that along with traditional library service there will exist integrated links and exchange of digital information resources and all users will be able to equally access that information. Therefore, assuming that human, information and space are important design factors as to space planning for public libraries, this study compared characteristics of the space structure and the form of exchange of knowledge & information through examples involved with public libraries having opened in the past three to four years from perspectives of space sociology and communication. This is a basic study to provide organized design guidelines about the form of exchange of creative knowledge & information from various perspectives in the knowledge & information age. Also this study is considered to have a significance in activating communication with users through exchange, creation and experience of knowledge & information, which is a social role that modern public libraries support.

Corporate Cash Flow Exposures to Foreign Exchange Rate and the Determinants : Korean Listed Non-financial Firms (현금흐름의 단기 환노출과 결정 요인에 관한 연구)

  • Kang, Won
    • The Korean Journal of Financial Management
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    • v.26 no.3
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    • pp.31-64
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    • 2009
  • This article investigates the short-term cash flow exposures to Korea's major trading partners' currencies based on the kospi and kosdaq firm data from 2000 to 2008. The cash flow approach allows us to analyze the influence on operational performances of individual firm's hedging strategies. Taken all three foreign exchange rates together, more than 30% of the sample firms exhibit significant exposure. Given that the short-term cash flow is rather easy to hedge, the result proves a poor exchange rate risk management practices of Korean firms. Kosdaq firms are more exposed than Kospi firms. On the contrary to the previous researches using stock prices, the operational cash flows show a positive relationship with the value of foreign currencies. The exchange rate-firm sample further shows that the size and leverage affect the level of exposure.

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Wireless Security Transmission Using Algorithm of Multiple-Key Exchange (다중 키 교환 알고리즘을 이용한 무선 보안 전송 기법)

  • Ryu, Dong-Ju;Kim, Gwang-Hyun;Noh, Bong-Nam
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • v.9 no.2
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    • pp.807-810
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    • 2005
  • Constructed network test environment of wireless base for confidentiality guarantee of data and safe transmission that is transmited at Mobile node of Wireless Network environment in this paper. And, progressed research about IKEv2's Multiple-Key Exchange mechanism for efficient security transmission that use IPSec that is built-in to basis to IPv6 of Mobile environment. Have several key to single terminal to solve that is seam at hand off packet transmission process of Mobile Node in Wireless Network and Re-setting for Key and Re-exchange problem that happen frequently and studied technology that move. Key exchange protocol that is used for an experiment loads basically in MIPv6 and used IKEv2 protocol that is used for management and distribution of reliable encryption key between both end. Using network simulator of SSFNet(Scalable Simulation Framework Network Models) in this paper Key exchange delay value of IKEv2's security transmission analyzing comparison Performance measure and studied about problem and improvement way accordingly.

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Synthesis and Characterization of Vinylbenzyl Chloride-co-Styrene-co-Hydroxyethyl Acrylate (VBC-co-St-co-HEA) Anion-Exchange Membrane for All-Vanadium Redox Flow Battery (전바나듐계 레독스-흐름 전지용 Vinylbenzyl Chloride-co-Styrene-co-Hydroxyethyl Acrylate (VBC-co-St-co-HEA) 음이온교환막의 합성 및 특성)

  • Baek, Young-Min;Kwak, Noh-Seok;Hwang, Taek-Sung
    • Polymer(Korea)
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    • v.35 no.6
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    • pp.586-592
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    • 2011
  • In this study, we synthesized vinylbenzyl chloride-co-styrene-co hydroxyethyl acrylate (VBC-co-St-co-HEA) copolymer that can be applied to redox the flow battery process. The anion exchange membrane was prepared by the amination and crosslinking of VBC-co-St-co-HEA copolymer. The chemical structure and thermal properties of VBC-co-St-co-HEA copolymer and aminated VBC-co-St-co-HEA(AVSH) membrane were characterized by FTIR, $^1H$ NMR, TGA, and GPC analysis. The membrane properties such as ion exchange capacity(IEC), electrical resistance, ion conductivity and efficiency of all-vanadium redox flow battery were measured. The IEC value, electrical resistance, and ion conductivity were 1.17 meq/g, $1.9{\Omega}{\cdot}cm^2$, 0.009 S/cm, respectively. The charge-discharge efficiency, voltage efficiency and energy efficiency from all-vanadium redox flow battery test were 99.5, 72.6 and 72.1%, respectively.

Examination with Transmission Line Distance Relay Setting Rule Considering Error (오차를 고려한 송전선 보호 거리계전 정정룰에 대한 고찰)

  • Cho, Seong-Jin;Choi, Myeong-Song;Hyun, Seung-Ho;Kim, Joung-Wook;Lee, Joo-Wang;Cho, Bum-Sub;Yoo, Young-Sik
    • Proceedings of the KIEE Conference
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    • 2002.07a
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    • pp.12-15
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    • 2002
  • Korea Power System Protection Setting Rule was used from the rectify 1990's. Thereafter transmission voltage is raised the voltage into 765kV, and introduction to new technology of Power System, and was many of variation but, it is using. The present is using Digital type distance relay for 765kV transmission line protection. If impedance value of transmission line were to value lower than setting, this would be operating and relay setting rule is for 85% into Zone 1 self section, and Zone 2 is a 125%, Zone 3 is a 225%. Which's $15{\sim}25%$ include current transformer error 5%, potential transformer 5%, relay calculation error 5% and margin factor from the field experience. This paper is discussed transmission protective relay and relay setting rule of high voltage power system and we verify the correctness relay setting rule with distance relay using Matlab simulation.

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