• Journal of Digital Convergence
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• v.20 no.5
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• pp.585-592
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• 2022

The purpose of this paper is to examine the relation between executive excesss compensation and credit rating. According to the prior research which show the negative effects of excess compensation on a firm's future performance, this paper expects the negative effect of excess compensation on credit rating. Using a sample of Korean listed non-financial firms from 2014 to 2019, I perform the multivariate regressions analysis of excess compensation on credit rating. I find that excess compensation is negatively related to credit rating when executive compensation exceed expected executive compensation. Moreover, I find that the result is constant when a fim belongs to small-medium business. These results show that credit rating is affected by executive excess compensation and the relation could be different by the type of firm's size. Therefore, this study contributes to the literature by suggesting the possibility that capital market is aware of negative effect of executive excess compensation.

• Journal of the Korean Geosynthetics Society
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• v.7 no.4
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• pp.1-8
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• 2008

Soil vapor extraction (SVE) is an effective and cost efficient method of removing volatile organic compounds (VOCs) and petroleum hydrocarbons from unsaturated soils. However, soil vapor extraction becomes ineffective in soils with low gas permeability, for example soils with air permeabilities less than 1 Darcy. The aim of this study is to investigate numerically the performance of a prefabricated vertical drain (PVD) as a SVE well, and the pattern of the induced air flow. A validated numerical model for a single PVD extraction well is developed based on the result of a well-designed laboratory model test. The validity of the simple analytical approach to determine air permeability based on the results of model tests is also discussed.

• Clean Technology
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• v.7 no.1
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• pp.81-88
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• 2001

Limestone has been used as absorbent in the FGD(Flue Gas Desulfurization) system, the DeSOx system of thermal power plant. This study investigated the desulfurization characteristics of the two different limestones, 325mesh and 200mesh particle size. Experimental analysis showed that the dissolving rate of limestone became much slower as the particle size increased. But the desulfurization efficiency depended on the L/G(liquid/gas) ratio and slurry pH regardless of the limestone particle size. The quality of gypsum produced in the FGD process increased as the limestone particle size or the slurry pH decreased. To reduce the cost of absorbent, the mixed limestone which were composed of 200 and 325mesh limestone with 5 different ratios were tested.

• Journal of the Korean Institute of Intelligent Systems
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• v.26 no.3
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• pp.218-225
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• 2016

It is important to select the personnel with ideal pilot aptitude considering dramatically advancing aircraft performance and complexity of military operations as a consequence to the highly developed science and technology. The opportunity cost lost from dropouts and human error being the first cause of aviation accidents are the realistic reasons for the significance of personnel selection based on their aptitude. This study analyses the ROKAF pilot aptitude test that was improved in 2004, using various classification models. This study discusses the significance of the selected variables along with the direction of ROKAF pilot aptitude test for its development in the future. The accuracy of the classification models was improved by taking into account differing personnel characteristics of individuals on the test.

• Journal of KIISE:Information Networking
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• v.29 no.3
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• pp.277-285
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• 2002

This paper proposes and analyzes an error control scheme for the transmission control based real-time communication, such as FDDI, TDMA, and wireless LAN, which delivers the message according to the round robin fashion after the off-line bandwidth allocation. Taking into account the time constraint of each message, the proposed error control scheme makes the receiver transmit the error report via asynchronous traffic while the sender resend the requested message via overallocated access time which is inevitably introduced by the bandwidth allocation procedure for hard real -time guarantee. The error control procedure does not interfere other real -time message transmissions. In addition, as each frame contains the size of the message it belongs, the receiver can recognize the end of completion of message transmission. This enables earlier error report to the receiver so that the sender can cope with more network errors. The analysis results along with simulation performed via SMPL show that the proposed scheme is able to enhance the deadline meet ratio of messages by overcoming the network errors. Using the proposed error control scheme, the hard real -time network can be built at cost lower than, but performance comparable to the expensive dual link network.

• Journal of the Korean Geosynthetics Society
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• v.6 no.1
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• pp.17-25
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• 2007

This study presents a modeling approach for geogrid-encased stone column(GESC) method which is widely used in Europe as an alternative to conventional pile foundations. Several benefits of using the stone column method include sound performance, low cost, expediency of construction, and liquefaction resistance, among others. Recently, geosynthetic-encased stone column approach has been developed to improve load carrying capacity through increasing confinement effect. The aim of this research is to establish a systematic approach for modeling of GESC and to form a database for the fundamentals of GESC. This paper presents details of 3D modeling of GESC together with the general behavior of GESC.

• The KIPS Transactions:PartC
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• v.13C no.1 s.104
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• pp.121-128
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• 2006

In Mobile IPv6, a handover latency is an important issue. To reduce the handover latency, mipshop working group in IETF has studied the fast handover(FMIPv6) which creates and verifies a new care-of address(NCoA) in advance before a layer 2 handover resulting in reduced handover latency. Even in FMIPv6, the NCoA must be registered in a home agent(HA). This registration still creates a significant amount of delay. To reduce registration latency, we propose a tentative and early binding update(TEBU) scheme that the NCoA is registered in the HA in advance during the layer 2 handover based on FMIPv6. We use cost analysis for the performance evaluation. As a result, we found that the TEBU scheme guarantees lower handover latency than FMIPv6 as much as approximately 21%.

• The KIPS Transactions:PartC
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• v.16C no.1
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• pp.1-12
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• 2009

Today, Digital Right Management (DRM) is used to protect copyrights of digital contents from illegal reproduction and redistribution. Unfortunately, current DRM systems are causing user's discomfort because of lack of mutual compatibility. In order to overcome this drawback, technologies for interoperability of heterogeneous DRM systems are developing. In this paper, we study the protection profile for conversion technologies of heterogeneous DRM systems, using the Common Criteria. Especially, this paper is written by reuse of the existing protection profile. Therefore, performance analysis reveals that efficiency of time and cost is significantly improved. This protection profile can be used by contents provider and administrator who manage user's copyrights to reference data for copyright protection.

• KIPS Transactions on Computer and Communication Systems
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• v.6 no.3
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• pp.113-120
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• 2017

In recent years, indoor localization has been researched for the improvement of its localization accuracy capability in Wi-Fi environment. The fingerprint and RF propagation models has been the main approach in determining indoor positioning. With the use of fingerprint, a low-cost, versatile localization system can be achieved without the use of external hardware. However, only a few research have been made on virtual access points (VAPs) among indoor localization models. In this paper, the idea of indoor localization system using fingerprint with the addition of VAP in Wi-Fi environment is discussed. The idea is to virtually add APs in the existing indoor Wi-Fi system, this would mean additional virtually APs in the network. The experiments of the proposed algorithm shows the positive results when 2VAPs are used compared with only APs. A combination of 3APs and 2VAPs in the 3rd case had the lowest average error of 3.99 among its 4 scenarios.

• Journal of Korea Port Economic Association
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• v.38 no.1
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• pp.1-14
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• 2022

The change in the management environment of the logistics industry in the era of global competition is becoming an era in which customers choose companies. Differentiation from competitors through the provision of products and services suitable for customers As customers' choices change depending on their superiority, companies are constantly striving to receive or retain customers' choices. Ultimately, this competitive structure can be seen as the importance of long-term relationship building. Therefore, in this study, we examined how factors related to transaction characteristics performed by logistics companies for customer satisfaction in the transaction relationship between cargo companies and shippers affect performance and long-term transaction intentions. First, we derived the factors of logistics service, cost, logistics infrastructure, and company competency, which are transaction characteristics factors of a logistics company that must be specifically realized for customer satisfaction in transactions between logistics companies. Second, we analyzed how the transaction characteristics factors of a logistics company affect the company's performance, and finally, how the company's performance factors affect long-term transaction intentions. As a result of empirical analysis, there were no statistically significant results on the relationship between transaction characteristics and performance of logistics companies, which can be attributed to the small size of the logistics companies that were the sample. In other words, logistics companies that do not have sufficient capacity to provide services at low prices have no choice but to engage in constant bleeding competition. It can be seen that it reflects the characteristics of the industry. On the other hand, the relationship between corporate performance factors and long-term transaction intention was found to have a positive relationship. The higher the level of partnership with logistics companies and visible financial performance is, the higher the transaction will be in the future, and the more the transaction volume will be gradually increased. And even if it costs a little more, it can be seen that the intention to continue trading is greatly expressed.