• Journal of Distribution Science
• /
• v.19 no.1
• /
• pp.27-35
• /
• 2021

Purpose: This study is to investigate the effect of managerial ownership level in distribution and service companies on the stock price crash. The managerial ownership level affects the firm's information disclosure policy. If managers conceal or withholds business-related unfavorable factors over a long period, the firm's stock price is likely to plummet. In a similar vein, management's equity affects information opacity, and information asymmetry affects stock price collapse. Research design, data, and methodology: A regression analysis is conducted using the data on companies listed on the Korea Composite Stock Price Index (KOSPI) between 2012-2017 to examine the effect of the managerial ownership level on stock price crash risks. Results: Logistic and regression results indicate that the stock price crash risk was reduced as managerial ownership levels are increased. The managerial ownership level has a significant negative coefficient on stock price crash risk, negative conditional return skewness of firm-specific weekly return distribution, and asymmetric volatility between positive and negative price-to-earnings ratios. Conclusions: As the ownership and management align, the likeliness of withholding business-related information is reduced. This study's results imply that the stock price crash risk reduces as the managerial ownership level increases because shareholder and manager interests coincide, thereby reducing information asymmetry.

• Proceedings of the Korean Society of Computer Information Conference
• /
• 2021.07a
• /
• pp.41-44
• /
• 2021

In this paper, we propose a monitoring system that can monitor gas leakage concentrations in real time and forecast the amount of gas leaked after one minute. When gas leaks happen, they typically lead to accidents such as poisoning, explosion, and fire, so a monitoring system is needed to reduce such occurrences. Previous research has mainly been focused on analyzing explosion characteristics based on gas types, or on warning systems that sound an alarm when a gas leak occurs in industrial areas. However, there are no studies on creating systems that utilize specific gas explosion characteristic analysis or empirical urban gas data. This research establishes a deep learning model that predicts the gas explosion risk level over time, based on the gas data collected in real time. In order to determine the relative risk level of a gas leak, the gas risk level was divided into five levels based on the lower explosion limit. The monitoring platform displays the current risk level, the predicted risk level, and the amount of gas leaked. It is expected that the development of this system will become a starting point for a monitoring system that can be deployed in urban areas.

• Journal of the Korean Home Economics Association
• /
• v.43 no.2
• /
• pp.19-31
• /
• 2005

The purpose of this study was to evaluate the microbiological quality and assure the hygienic safety of the Bibimbap production in elementary school foodservice in accordance with the HACCP(Hazzard Analysis Critical Control Point) program. The time-temperature relationship and the microbiological quality(total plate count and coliform bacteria count) were assessed to find the critical control point(CCP) during each of the production phase. In the pre-preparation phase, the risk factors of the raw ingredients exceeded the standard level suggested by Solberg et al. Mungbean starch jelly, egg and Kochujang were satisfactory in that no coliform groups were observed over the standard TPC level. In particular, there was a high the risk of beef from the early stages in terms of the coliform level. In the pre-preparation phase, green pumpkin had more coliform groups than the standard level even after washed, which calls for special attention to washing, sterilization, secondary infection of the handler, and the required time for pre-preparation of raw vegetables. In the cooking phase, the temperature of the soybean sprout and mungbean starch jelly decreased to 42$^{\circ}C$ and 26$^{\circ}C$, respectively, which was within the risk zone. In particular, mungbean starch jelly had a great risk factor even after boiling in hot water. During the storage stage before serving, a lot of ingredients were exposed to poor management of temperature and time and thus exceeded the standard level in the total plate counts. In particular, the microbiological count of beef was five times the standard level. Green pumpkins and soybean sprouts were left at 15-38$^{\circ}C$ that is within the risk zone for a long period of time after they were cooked. It is highly recommended that the time of the storage stage before consumption should be shortened and that proper devices should be used to prevent proliferation of bacteria. The number of TPC of the utensils was satisfactory enough, but the knife used exceeded the standard level and thus was a risk factor of bacteria proliferation.

• Proceedings of the KIEE Conference
• /
• 2011.07a
• /
• pp.300-301
• /
• 2011

스마트 그리드란 마이크로 그리드 시스템에 IT 기술을 더하여, 에너지 효율의 최적화를 목표로 구축된 시스템을 일컫는다. 이러한 스마트 그리드 시스템은 기존의 전력망에다 실시간 통신 설비, 계량설비, 전력 저장 장치 등이 추가됨은 물론 시스템 토폴로지의 변화로 설비의 유지보수 계획의 개념을 다르게 할 필요가 있다. 본 논문에서는 스마트 그리드에 적용할 수 있는 새로운 개념의 유지보수 수립 계획을 위해 고장 이벤트의 Risk-Level을 산정하고, 시스템을 분석하는 방법을 제시한다.

• Journal of Environmental Health Sciences
• /
• v.19 no.3
• /
• pp.46-51
• /
• 1993

In order to survery the risk of air-borne lead to human, the relation between air-borne lead level and blood lead level was examined by using of the kinetic model and statistical model. The results of this survey were as follows: 1. The pathways of lead intake were food and water, mainly. 2. Though blood lead level of Korean urbanire was higher than that of American or Japanese, it was not so severe as to influence human health. 3. The lead content in food and water was high, and so it is needed to confirm the cause of high content was whether second contamination by air pollution or not.

• Proceedings of the Korea Database Society Conference
• /
• 1999.10a
• /
• pp.129-139
• /
• 1999

현재의 조직 환경에서 정보 보호 수준의 결정은 필수 불가결한 이슈가 되고 있지만 정보 보호 수준 구축을 위한 기준은 상대적으로 부족한 실정이다. 이에 본 논문에서는 정보 보호 수준 결정에 있어서 기준이 될 수 있는 중요한 요소인 위험에 대해서 기존의 위험 평가 프로세스를 분석하여 개선된 위험평가 프로세스를 제시하고 허용 가능한 위험을 결정하기 위한 중요 기준인 목표 잉여 위험의 결정 방법에 대해 논하고자 한다.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
• /
• 2004.04a
• /
• pp.145-150
• /
• 2004

This paper suggests an evaluation of risk level for damage of marine accidents in SRRs. Qualitative analyses in words is sometimes priorior to quantative analyses in numeric symbols. This paper intoduces a concept of fuzzy theory with the plenty of related literature riview and AHP in the Korean SRRs of RCC and RSC. The methodology of this paper is maxㆍmin composition of fuzzy extensive principle, defuzzifiation is centroid of gravity methods. At the result, the evaluation of risk level is especially over Serous for smarine accident of Taean, Gunsan, Mokpo, Yosu, Tongyoung, Busan SRR. This paper recommends that many Resale Vessels and Equipments need to the reduction of risk level about those.

• International Journal of Naval Architecture and Ocean Engineering
• /
• v.7 no.6
• /
• pp.1007-1019
• /
• 2015

The determination of the required seawall height is usually based on the combination of wind speed (or wave height) and still water level according to a specified return period, e.g., 50-year return period wind speed and 50-year return period still water level. In reality, the two variables are be partially correlated. This may be lead to over-design (costs) of seawall structures. The above-mentioned return period for the design of a seawall depends on economy, society and natural environment in the region. This means a specified risk level of overtopping or damage of a seawall structure is usually allowed. The aim of this paper is to present a conditional risk probability-based seawall height design method which incorporates the correlation of the two variables. For purposes of demonstration, the wind speeds and water levels collected from Jiangsu of China are analyzed. The results show this method can improve seawall height design accuracy.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
• /
• v.25 no.2
• /
• pp.87-95
• /
• 2011

A Renewable Portfolio Standard(RPS) is a regulation that requires the increased generation of energy from renewable energy sources such as solar, wind, fuel cell, small hydro, biomass and geothermal. By environmental, technical and these regulatory reasons, the amount of renewable energy sources will be increased in a network. However, it is hard to assess risk of a transmission network with large scale renewable energy sources because the output characteristics of renewable energies are intermittent. This paper evaluates effects of a transmission system with supplemental large scale renewable energies into the existing system. To evaluate these effects, a methodology for risk level of components in a network is proposed considering steady state and contingency N-1 in this paper. We consider line current and bus voltage in each state of a network.

• Journal of the Korean Home Economics Association
• /
• v.42 no.9
• /
• pp.195-212
• /
• 2004

The purpose of this study was to analyze consumers' perceived risk and information search behaviors in internet shopping. For this purpose, survey was conducted on 302 consumers in their 20s and 30s who had internet shopping experience. This study found that consumers' perceived risk was significantly related to their gender, educational level, income, credit card use, period of internet un, number of internet shopping experiences, and purchased product. Consumers' search behaviors were also significantly affected by gender, age, educational level, income, period of internet use, and purchased product. In addition, a higher level of consumers' perceived risk was significantly related to the amount of information search on product attributes themselves rather than on general information search such as the number of sites or the number of brands.