• The Journal of Asian Finance, Economics and Business
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• 제7권1호
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• pp.59-69
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• 2020

This study investigates the influence of individual blockholder on accounting quality. Prior studies investigating Korean blockholders' influence focus on the influence of controlling shareholders or institutional investors; however, they rarely examine individual blockholders' influence. This paper investigates how individual blockholders in Korean stock markets affect accounting quality of firms listed in Korean Stock Exchange. I analyze individual blockholders' influence on proxies of accounting quality using multivariate regression with hand-collected individual blockholder data. Korean law requires public firms to disclose the list of shareholders having no less than 5% of ownership. From the list of blockholders, individuals who have no explicit personal relation with controlling shareholders were classified as individual blockholders. My empirical results show that firms having individual blockholder(s) use more income-decreasing accruals than those having no individual blockholder. Furthermore, accounting information of firms having individual blockholders(s) is more conservative than that of firms having no individual blockholders. However, the presence of individual blockholder increases the tendency of loss avoidance and earnings management using overproduction and reduction of discretionary expenditure. This paper contributes to the literature by presenting the first evidence of the monitoring role of an individual blockholder on financial reporting of firms listed in the Korean stock markets.

• East Asian Economic Review
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• 제21권2호
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• pp.103-121
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• 2017

This paper experimentally studies the performance of negotiation considering individual and party, like a country, share of benefit over the best ones. It experiments two-stage bargaining games, internal and external negotiations. From the experimental results, this paper shows strong tendency to select fair allocation in the internal negotiations, but the tendency would be weaker with attractive outside option. In addition, the outside option may claim difference in individual benefit. From the regressions on individual performance in the negotiations, being a proposing party would matter to enhance the performance. However, relative individual performance within party fairness matters. Still attractive no-agreement options happen to break the tendency. As policy implication for trade negotiation, this paper warns that possible loss in individual benefit from not active participation to the external negotiations, no active role of proposer in case that players stick to internal allocations, and deviation of advantageous sector due to attractive outside options.

• 한국항해학회지
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• 제16권1호
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• pp.94-97
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• 1992

In this paper, the individual number of the future has depended not only upon the present individual number but upon the present individual age, considering the stochastic process model of individual number when the life span of each individual number and the individual age as a set, this becomes a Markovian. Therefore, in this paper the individual is treated as invariable, without depending upon the whole record of each individual since its birth. As a result, suppose {N(t), t>0} be a counting process and also suppose $Z_n$ denote the life span between the (n-1)st and the nth event of this process, (n{$geq}1$) : that is, when the first individual is established at n=1(time, 0), the Z$Z_n$ at time nth individual breaks, down. Random walk $Z_n$ is $Z_n=X_1+X_2+{\cdots}{\cdots}+X_A, Z_0=0$ So, fixed time t, the stochastic model is made up as follows ; A) Recurrence (Regeneration)number between(0.t) $N_t=max{n ; Z_n{\leq}t}$ B) Forwardrecurrence time(Excess life) $T^-I_t=Z_{Nt+1}-t$ C) Backward recurrence time(Current life) $T^-_t=t-Z_{Nt}$

• 품질경영학회지
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• 제41권2호
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• pp.277-288
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• 2013

Purpose: This study aims to analyze the success factors of information systems and the moderating effect of individual factors in mandatory environment. Methods: In order to test the model, a questionnaire survey is delivered from salespersons of an insurance company in Seoul, Korea. 200 questionnaires are finally analyzed. Structural Equation Modeling (SEM) is adopted to analyze the data and Smart PLS 2.0 is used for examining the moderator effect. Results: The extended model proposed in this paper adopted individual factors and examined their moderator effect among constructs. An empirical test is carried out accordingly in order to test the model proposed in this paper. The results reveal that individual factors (i.e. Computer Self-Efficacy, Anxiety, Personal Innovativeness in IT) have a significant moderating effect on individual performance in the environment of mandatory information system usage. Conclusion: This paper extended the research field of information system success model to information systems in mandatory environment regarding differences of individual factors.

• Industrial Engineering and Management Systems
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• 제12권1호
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• pp.46-50
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• 2013

In insurance statistics, the sum of homogeneous insurance is often needed. The sum is called individual risk model which is a fundamental model in risk analysis for insurance. This paper first presents an individual risk model based on the uncertainty theory. Then its uncertainty distribution is provided. Finally, its arithmetic is shown by a numerical example.

• 기술혁신학회지
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• 제2권1호
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• pp.16-27
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• 1999

This paper intends to clear up the conte31t of the interdisciplinary nature of individual researches. First, the interdisciplinary character of individual research was analyzed. Approximately 40% of individual research projects supported by Korea Science and Engineering Foundation has the interdisciplinary nature. Second, there are close connections among research fields in individual research projects. Every research field needs the inflow of knowledge from other fields and supports other research fields as well. The interrelation among various research fields indicates the importance of the balanced development in all science and engineering fields.

• Journal of information and communication convergence engineering
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• 제6권2호
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• pp.213-217
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• 2008

This paper proposes a novel method for the recognition of passports based on the CDM(Conditional Dilation Morphology) masking and the ART2-based RBF neural networks. For the extraction of individual codes for recognizing, this paper targets code sequence blocks including individual codes by applying Sobel masking, horizontal smearing and a contour tracking algorithm on the passport image. Individual codes are recovered and extracted from the binarized areas by applying CDM masking and vertical smearing. This paper also proposes an ART2-based hybrid network that adapts the ART2 network for the middle layer. This network is applied to the recognition of individual codes. The experiment results showed that the proposed method has superior in performance in the recognition of passport.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2004년도 추계학술대회 논문집 전력기술부문
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• pp.230-233
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• 2004

This paper is proposed that The voltage-dependant power factor model is established as 5th polynomials with convenience data type. This modeling includes the harmonic components by static experiments of individual and composite load. This paper suggested methodology for modeling bus and regional power factor with consideration of harmonics effect by load composition rates and individual load power factor models.

• 대한한의학원전학회지
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• 제30권2호
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• pp.1-10
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• 2017

Objectives : In studying East Asia's medical classics, what must first be done before evaluating the validities of clinical grounds is the discernment of the techniques that are based on universal principles from the statements that arise from individual experience. The purpose of this paper is to discover a method of discerning the statements of individual experiences and the descriptions of universal principles. Ingredients and Methods : The paper investigates how each individual clinical experience was introduced in ancient medical classics such as Huangdineijing, Nanjing, Shanghanlun, Jinkuiyaolue, and Maijing, in the books that belong to Yian such as Canggongliechuan, Linzhengzhinanyian, Gujinyianan, and Xumingyileian, and in Korean ancient medical texts such as Eonhae-gugeubbang and Gugeubganibang-eonhae. Results : Books of precriptions and scriptures of medicine were found to include individual experiences. Furthermore, this paper's effort has revealed that the evaluation of the quality of a testimony in an ancient book must be preceded by discerning whether the said testimony is a mere personal testimony or a testimony based on the universal law of causality. Conclusions : Before conducting a clinical research of a precription contained in an East Asian medical classic, the text should first be evaluated to determine whether the prescription in question derives from clinical tests or not.

• 한국지능시스템학회:학술대회논문집
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• 한국퍼지및지능시스템학회 2003년도 ISIS 2003
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• pp.603-607
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• 2003

The judgment of forged passports plays an important role in the immigration control system, for which the automatic and accurate processing is required because of the rapid increase of travelers. So, as the preprocessing phase for the judgment of forged passports, this paper proposed the novel method for the recognition of passport based on the fuzzy binarization and the fuzzy RBF neural network newly proposed. first, for the extraction of individual codes being recognized, the paper extracts code sequence blocks including individual codes by applying the Sobel masking, the horizontal smearing and the contour tracking algorithm in turn to the passport image, binarizes the extracted blocks by using the fuzzy binarization based on the membership function of trapezoid type, and, as the last step, recovers and extracts individual codes from the binarized areas by applying the CDM masking and the vertical smearing. Next, the paper proposed the enhanced fuzzy RBF neural network that adapts the enhanced fuzzy ART network to the middle layer and applied to the recognition of individual codes. The results of the experiment for performance evaluation on the real passport images showed that the proposed method in the paper has the improved performance in the recognition of passport.