• Title/Summary/Keyword: Market Governance

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IoT Industry & Security Technology Trends

  • Park, Se-Hwan;Park, Jong-Kyu
    • International journal of advanced smart convergence
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    • v.5 no.3
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    • pp.27-31
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    • 2016
  • High-tech industries in a state well enough to troubleshoot hacking information introduction a big barrier to delay the growth of the market related to IoT(Internet of Things) as is likely to be on the rise. This early on, security issues introduced in the solution, a comprehensive solution, including the institutional laws/precautions needed. Recent examples of frequent security threats while IoT is the biggest issue of introducing state-of-the-art industry information due to the vulnerable security hacking. This high-tech industries in order to bridge the information responsible for the target attribute, target range, and the protection of security and how to protect the subject, IoT environment (domestic industrial environment) considering the approach is needed. IoTs with health care and a wide variety of services, such as wearable devices emerge. This ensures that RFID/USN-based P2P/P2M/M2M connection is the implementation of the community. In this study, the issue on the high-tech industrial information and the vulnerable security issues of IoT are described.

Network Analysis of Corporate Governance using Relationship among Major Shareholders in Stock Market (대한민국 상장기업의 대주주 네트워크 분석)

  • Moon, HyeJung;Yoon, DukChan
    • Proceedings of the Korea Information Processing Society Conference
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    • 2015.04a
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    • pp.668-671
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    • 2015
  • 이 논문은 대한민국의 주식시장에 상장한 기업의 지배구조 분석을 위해 대주주가 어떠한 형태로 주식을 보유하고 있는지에 대한 네트워크 분석이다. 분석대상은 주식시장에 상장한 기업과 그 기업의 주식의 대주주 데이터를 모두 수집하였다. 이를 기업과 대주주 행위자 간에 주식을 보유하고 있는 네트워크를 분석하여 그 보유형태의 의미를 파악하였다. 분석결과 네트워크 형태는 크게 '전체분석, 산업분석, 군집분석, 상장기업분석, 대주주분석, 계열사 분석' 여섯 가지이다. 네트워크 분석결과 주식시장은 전형적인 척도 없는 네트워크 형태를 나타내었으며 반면 그룹간의 계열사 네트워크는 전형적인 계층구조로써 좁은 세상 네트워크의 사례를 나타내었다. 따라서 투자 성향이 갖거나 대주주 간의 이해관계가 있거나 투자상품들이 포트폴리오로 조합원 경우 대주주 간의 네트워크가 밀집된 것을 확인할 수 있었다.

Reconnecting the Dots for the Payment Service Directive 2 - Compatible Asian Financial Network

  • Choi, Gongpil;Park, Meeyoung
    • East Asian Economic Review
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    • v.23 no.3
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    • pp.285-309
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    • 2019
  • Unlike the popular belief, digital transformation mainly gets stymied by legal and regulatory issues related with legacy institutions in Asia rather than technical difficulties. The real challenges triggered by the PSD2 (Payment Services Directive 2) are how the region would overcome the overly fragmented, centralized, and hierarchical legacy framework to allow necessary changes to respond to the digital single market initiatives as promulgated by the European counterpart. The PSD2 is expected to bring about substantial changes in the payment ecosystem by allowing payment service providers to access customers' accounts and transactions information via API that have been traditionally controlled by banks. This paper suggests an incentive-compatible mechanism design for open collaboration among legacy institutions in the region to help them adapt to the PSD2. As evidenced by case studies in Korea, the Asian equivalent of PSD2 can be implemented and further expanded to create region-wide PCS (payment-clearing-settlement) network by reconnecting the dots of legacy infrastructures. These decentralized, diverse, small payment networks can be further combined with the expanded RTGS-CDS platform to evolve into the next phase of Asian Financial Network.

The Social Effects of Higher Education Policy in South Korea: The Rise of the "Pig Mum" phenomenon

  • Lee, Eugene;Calonge, David Santandreu;Hultberg, Patrik
    • Journal of Contemporary Eastern Asia
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    • v.18 no.1
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    • pp.70-93
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    • 2019
  • The contemporary educational system in South Korea is built on high-stakes standardised tests, a manifestation of the national project of social reconstruction and reform. One recent outcome is the emergence of an unfamiliar yet ubiquitous phenomenon: the "pig mum"; a Korean parent who is fully involved in organising, scheduling and managing the educational process from primary to secondary school for a group of children in a neighbourhood. Based on a quasimixed method utilizing a survey of a group of students and parents, this pilot study explores the "pig mum" phenomenon and its linkage to education policy. The authors conclude that the current educational policy fails to achieve the ideals it professes to value. This creates deep and negative societal norms that endanger a growing generation of students by creating a parallel private education market environment where "pig mums" thrive.

A Exploratory Comparison Study of Social Network and Absorptive Capacity on Technological Alliance (사회적 네트워크와 흡수역량이 기술협력에 미치는 영향에 관한 탐색적 비교분석 연구)

  • Kim, Hwan-Jin;Kim, Byung-Keun
    • Journal of Korea Technology Innovation Society
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    • v.17 no.4
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    • pp.629-650
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    • 2014
  • This paper aims at exploring the comparative impact of social networks and firm's absorptive capacity on the process of technological alliance such as technological alliance partner selection, governance structure and performance. Firms not only need to develop internal absorptive capacity but also need to cooperate with outside innovating entities. Increasing networks with other firms and enhancing firm's internal absorptive capacity become more and more important to enter into new market, increase network effects and develop firm's core capacities. In the view of firm's motivation for technological alliance such as expanding social networks and enhancing absorptive capacity, we develop hypotheses and tested comparative impact of those two constructs using 215 survey data of Korean venture companies. The results showed that absorptive capacity showed more impacts on the technological partner selection criteria than social networks. No impact was found between social network and alliance performance. Only absorptive capacity showed positive impact on the technological alliance success. Both constructs showed no impact on the choice of governance structure. In the conclusion section, we discussed the findings and implications of this study and directions for future studies.

Policy for Gender Innovation in Scientific Research (과학기술의 젠더혁신 정책 방향 연구)

  • Lee, Hyobin;Kim, Hae-Do
    • The Journal of the Korea Contents Association
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    • v.17 no.10
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    • pp.241-249
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    • 2017
  • Gender innovation refers to the act of producing more trustworthy science and technology based on gender analysis in conducting and development. Science and technology have been considered to be irrelevant to gender and gender analysis. Science and technology lost opportunity to market and sometimes caused massive losses due to the ignorance of gender and the concept of gender differences. Despite importance in the field of science and technology, the reason why gender innovation does not take place is the lack of woman science in science and technology. Further, the promotion of female scientists policy bas been pursued by the government is one of the reasons. The government has been forcibly carried out without considering 'performanceism' spreading in the scientific and technological fields. This research argues that scientific research brings gender perspective back into all the level of research conduct. In order to improve gender ignorance in science and technology, gender sensitive education should be provided to scientists. Also, gender governance and women's committee for gender analysis should be established to adopt gender analysis in scientific research.

Civil-Military Relations and Military Leadership (민군관계와 국방리더십의 발전방향)

  • Son, Su-Tae
    • Journal of National Security and Military Science
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    • s.4
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    • pp.119-156
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    • 2006
  • Now it is not useful the theory about civil-military relationship that have been analysed for power games between military and civilians Korean society is going on governance society managed by cooperating network of government, civilian society and business market These social change require for new context about civil-Military relationship. Military leadership must contribute desirable civil-military relationship This study will suggest the direction about military leadership for desirable civil-military relationship. Now political issues about military intervention to the government are almost settled, but the worry about complications between military and civilians exist in the part of low issues like policy-making. Another important issues is military leadership about the style of social-being. In recent years, social change is very complex and speedy like global networking and diversity, leadership environment also, changed like leadership paradigm shift. Military leadership must be examined from the principle to the context of social integration At the present age, individual soldier is citizen in uniformed. Also military leadership must to seek the principle in the citizen mind like citizenship. Another charactristics of present day military is influence of high technogy. For the high-tech war military need the transition about science and technology from the whole society. In the context of above the development of military leadership are suggested as follows. First, the development of military control leadership must besought to the context of cooperation between government and military. Government must provide the system to strengthen military professionals in the process of policy-making about national security Second, military leadership must embody the important social values through the advanced military making, Third, military leadership must provide the adaptability to the society through the military education of their soldiers Forth, military leadership must be contributed to the social integration and to the growing up individual soldiers like their socialization and their achievement. Five, an important subject of military leadership is the creation of desirable military culture through the harmony of social culture and military culture.

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A Study on the Public Interest of Collected Information (수집된 정보의 공익성에 관한 고찰)

  • Park, Kook-Heum
    • Informatization Policy
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    • v.26 no.1
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    • pp.25-45
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    • 2019
  • With the advent of the data economy, interest in using big data has increased, but conflicts with protecting personal information have been also steadily raised. In this regard, major countries are accelerating use of big data by exempting de-identified, pseudonymous personal information from protection. However, these policies have been made without the understanding that the economic value of personal information has been actually changing slowly. This paper presents the concept of 'collected information' and defines it as having public interest and therefore, not the exclusive property of the collector of such information. The paper shows the collected information has public interest in terms of personal information protection, connectivity, and universal service and public goods. It also specifies that the 'data governance' cannot be applied to the current data utilization framework that depends upon the holder's consent; rather, it raises the need to improve the practices of information provision consent or provide the beneficiary right of information use to the information holder in order to ensure the proper 'data governance' that will turn market failure into success.

The Process of Place-making and the Placeness of the 'Kim Gwang-seok Road' in Daegu ('김광석 다시 그리기 길'의 장소 만들기와 장소성)

  • Park, Soon Ho
    • Journal of the Economic Geographical Society of Korea
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    • v.23 no.4
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    • pp.438-453
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    • 2020
  • This study attempts to examine the process of place-making, to define the role and interrelationship of the subjects and to analyze the placeness of the 'Kim Gwang-seok Road', a representative example of artificial place-making. Through a 10-year urban regeneration project based on the concept of Kim Gwang-seok, the alleyway between Bangcheon Market and the retaining wall of Sincheon-daero has been embedded as a memorial space for Kim Gwang-seok and an cultural art space. However, the existing placeness has weakened as the result of the excessive tourism in the late 2010s, while the characteristics of cultural commercial space has strengthened. This change in place has prompted community disintegration, which has caused the loss of momentum for sustainable development. To overcome these problems, it will be necessary to establish endogenous governance to expand and reproduce existing community capabilities, embedded social capital and place assets in new directions.

A Study on the Impact of ESG Performance on Firm Risk (ESG 성과가 기업위험에 미치는 영향에 관한 연구)

  • Jung-Hyuck Choy
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.3
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    • pp.19-26
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    • 2023
  • The impact of environmental, social and governance (ESG) performance on investors' decision-making is growing. Investors' focus on the financial performance of firms in the past is expanding to the non-financial performance of the interests of stakeholders surrounding firms. Against this backdrop, this study conducted a panel regression analysis on firms evaluated by Korea Corporate Governance Service to analyze the impact of ESG performance, a firm's non-financial performance, on firm risk. According to the analysis, ESG performance has a negative (-) effect on all three firm risks (systematic risk, unsystematic risk, and total risk), indicating that the stakeholder theory and risk management theory are supported. The implications of this study are: First, ESG reduces not only unsystematic risk but also broad and indiscriminate systematic risk; Second, investors can reduce the risk of their investment portfolio by executing ESG investments; Third, companies can achieve stable financial performance even in adverse circumstances by utilizing the insurance function of ESG management; Lastly, the government can enhance the stability of the financial market while improving the financial soundness of firms through reasonable ESG-related regulations.