• Title/Summary/Keyword: Share Ownership

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Analysis of Blockchain-based Access Control Technology (블록체인 기반 접근제어 기술 동향)

  • Kim, Seung-Hyun;Kim, Soohyung
    • Electronics and Telecommunications Trends
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    • v.34 no.4
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    • pp.117-128
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    • 2019
  • As companies use increasing amounts of data more and more, people are more concerned about protecting their privacy. Many researches studies have been conducted with a to securely view of manage managing and share sharing private information securely using the Bblockchain technology. These studies have suggested a Bblockchain-based approaches to provide efficiency, scalability, data ownership, and systematic data lifecycles that were are the limitations of lacking in traditional access controls. More Sspecifically, these studies have introduced a new access control models, distributed hash tables, trusted execution environments, and hierarchical ID-based cryptographic mechanisms to provide reliable access control even in complex environments such as IoT Internet of Things. In this paperstudy, we present the criteria to for classifying the functional characteristics of the Bblockchain-based access control methods and derive the differentiateion between of each the several methods.

Analysis of the Features of Corporate Governance by the State: Similarity and Difference of Models

  • Martynyshyn, Yaroslav;Kukin, Igor;Khlystun, Olena;Zrybnieva, Iryna;Pidlisnyi, Yevhen
    • International Journal of Computer Science & Network Security
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    • v.21 no.6
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    • pp.29-34
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    • 2021
  • The article formulates the key characteristics and features of country models of corporate governance. It was revealed that all countries are characterized by a fairly high concentration of ownership, insider control; Key gaps in the implementation of corporate governance principles were found: transparency and disclosure of information, protection of shareholders' rights, gender diversity of boards of directors, implementation of recommendations on the share of independent directors; The criterion of countries' efficiency (total investments) was identified and recommendations for their improvement were developed.

A Study on the Use of Parking Lots and Improvement Methods of Land Supply in Public Development Zones (공공개발지구 내 주차장용지의 이용실태와 토지공급방법 개선방안 연구)

  • Park, Chang Yul;Kim, Si Jin
    • Land and Housing Review
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    • v.10 no.4
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    • pp.13-30
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    • 2019
  • Parking lot within housing site contains public interest of relieving parking space shortage problem and subject to public restriction. If auctioned off at higher price by excessive competition in general competitive bid for land bidders, the development of parking lot will be made against its original purpose supply. The core issue is that a bid price is quite often to be blown out of proportion by 150%~ 250% due to extreme competition and, could face serious problem if a winning bidder runs sale business. If it is rental business, although about 30% of the total floor space of the whole building to be used as neighborhood facilities, too high winning bid price cause to lose transparency. In case of sale at aggregate buildings, most business operators would sell 30% of the neighborhood facilities, spare the parking lot and manages thereof separately. According to Aggregate Buildings Act, neighborhood facilities are allowed for individual registration and ownership of parking lot by business operator or designated person by business operator. In this case, the parking lot becomes 70% of the total floor space of the whole building and 70% of the land share which makes the mortgage very valuable and easier for business operator to get financial loan. There used to be many cases such as owners of neighborhood facilities (aggregate buildings partial owners) who run parking lot to repay their loan running parking lot to repay loan, but found that very tough and reached auction and relatively disadvantaged. For parking lot within housing site, it is recommend to exclude the public factors that land has and take into account of public restriction in area (housing site). Business opportunity for operators and protection of property rights for buyers in aggregate buildings, land supply method is recommended to replace from highest bid method into draw or private contract. In terms of price, supply at estimated price (construction price) and restriction on usage (Co-ownership of parking lot) proposals are submitted.

A mobile P2P a farming support system implementation which uses JXTA (JXTA를 이용한 모바일 P2P 영농 지원 시스템 구현)

  • Bae, Il-Ho;Cho, Ai-Ri;Min, Hae-Ran;Lee, Gwang;Lee, Joon
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2004.05b
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    • pp.579-582
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    • 2004
  • File share system in client/server method requires server of High performance and capacity and this server is very expensive and management is complex and is been influenced much to flatform. Also, extension of correct memory or hard drive etc. causes a lot of expenses to server. While, may minimise human who happen by buying high-capacity server by dispersing file public ownership way unuse expensive server in client/serve. way who put up files in PC(client) to a sewer and manage files and make use of only client computers because public ownership of data and government official in P2P(peer to peer) environment, waste of material resources. Many people are interested to P2P by such reason, researches that use P2P to connection field to be Moba that have Gakgwangbatgo current are gone vigorously.

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An Empirical Study of the Determinant Factors of Banking Efficiency of China (중국 은행효율성의 결정요인에 관한 실증적 연구)

  • Cho, Dae-Woo;Zhu, Hui-Qin
    • International Area Studies Review
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    • v.12 no.2
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    • pp.79-97
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    • 2008
  • After entering into the WTO in October, 2001, China started opening her bank industry on a full scale and her financial markets from the end of 2006. It is true that the Chinese commercial banks should make efforts to enhance their operational efficiency for adapting the rapid change of financial environments. In this paper, the efficiency of 4 Chinese state-owned commercial banks and 11 share holding commercial banks has been estimated. Our Tobit model to find out the determinants of these banks' efficiency. The results are as follows: The efficiency of these banks kept being improved from 1999 to 2003. With regard to the relationship between the determinants and the bank efficiency, their capital ratios, ownership structures and government subsidies are significant at the 5% level while the return on asset(ROA) is significant at the 10% level. The relationship between the determinants and the efficiency has showed that the size, capital ratios, ROA and ownership structure showed significantly before the entry to WTO, on the other hand, after WTO their capital ratios are the only factor to determine their efficiencies.

Price Prediction of Fractional Investment Products Using LSTM Algorithm: Focusing on Musicow (LSTM 모델을 이용한 조각투자 상품의 가격 예측: 뮤직카우를 중심으로)

  • Jung, Hyunjo;Lee, Jaehwan;Suh, Jihae
    • Journal of Intelligence and Information Systems
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    • v.28 no.4
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    • pp.81-94
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    • 2022
  • Real estate and artworks were considered challenging investment targets for individual investors because of their relatively high average transaction price despite their long investment history. Recently, the so-called fractional investment, generally known as investing in a share of the ownership right for real-life assets, etc., and most investors perceive that they actually own a piece (fraction) of the ownership right through their investments, is gaining popularity. Founded in 2016, Musicow started the first service that allows users to invest in copyright fees related to music distribution. Using the LSTM algorithm, one of the deep learning algorithms, this research predict the price of right to participate in copyright fees traded in Musicow. In addition to variables related to claims such as transfer price, transaction volume of claims, and copyright fees, comprehensive indicators indicating the market conditions for music copyright fees participation, exchange rates reflecting economic conditions, KTB interest rates, and Korea Composite Stock Index were also used as variables. As a result, it was confirmed that the LSTM algorithm accurately predicts the transaction price even in the case of fractional investment which has a relatively low transaction volume.

The geography of external control in Korean manufacturing industry (한국제조업에서의 외부통제에 관한 공간적 분석)

  • ;Beck, Yeong-Ki
    • Journal of the Korean Geographical Society
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    • v.30 no.2
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    • pp.146-168
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    • 1995
  • problems involved in defining and identifying it. However, data on ownership of business establishments may be useful and one of the best alternatives for this empirical research because of use of limited information about control This study examines the spatial patterns of external control in the Korean manufacturing activities between 1986 and 1992. Using the data on ownership iinkages of multilocational firms between 15 administrative areas, it was possible to construct a matrix of organizational control in terms of the number of establishments. The control matrix was disaggregated by three types of manufacturing industries according to the capital and labor requirements of production processes used in. On the basis of the disaggregated control matrix, a series of measures were calculated for investigating the magnitude and direction of control as well as the external dependency. In the past decades Korean industrialization development has risen at a rapid pace, deepening integration into the world economy, together with the continuing growth of the large industrial firms. The expanded scale of large firms led to a spatial separation of production from control, Increasing branch plants in the nation. But recent important changes have occurred in the spatial organization of production by technological development, increasing international competition, and changing local labor markets. These changes have forced firms to reorganize their production structures, resulting in changes of the organizational structures in certain industries and regions. In this context the empirical analysis revealed the following principal trends. In general term, the geography of corporate control in Korea is marked by a twofold pattern of concentration and dispersion. The dominance of Seoul as a major command and control center has been evident over the period, though its overall share of allexternally controlled establishments has decreased from 88% to 79%. And the substantial amount of external control from Seoul has concentrated to the Kyongki and Southeast regions which are well-developed industrial areas. But Seoul's corporate ownership links tend to streteh across the country to the less-developed regions, most of which have shown a significant increase of external dependency during the period 1986-1992. At the same time, a geographic dispersion of corporate control is taking place as Kyongki province and Pusan are developing as new increasingly important command and control reaions. Though these two resions contain a number of branch plants controlled from other locations, they may be increasingly attractive as a headquarters location with increasing locally owned establishments. The geographical patterns of external control observable in each of three types of manufacturing industries were examined in order to distinguish the changing spatial structures of organizational control with respect to the characteristics of the production processes. Labor intensive manufacturing with unskilled iabor experienced the strongest external pressure from foreign competition and a lack of low cost labor. The high pressure expected not only to disinte-grate the production process but also led to location of production facilities in areas of cheap labor. The linkages of control between Seoul and the less-developed regions have slightly increased, while the external dependency of the industrialized regions might be reduced from the tendency of organizational disintegration. Capita1 intensive manufacturing operates under high entry and exit barriers due to capital intensity. The need to increase scale economies ied to an even stronger economic and spatial oncentration of control. The strong geographical oncentration of control might be influenced by orporate and organizational scale economies rather than by locational advantages. Other sectors experience with respect to branch plants of multilocational firms. The policy implications of the increase of external dependency in less-developed regions may be negative because of the very share of unskilled workers and lack of autonomy in decision making. The strong growth of the national economy and a scarcity of labor in core areas have been important factors in this regional decentralization of industries to less-developed regions. But the rather gloomy prospects of the economic growth in the near future could prevent the further industrialization of less-developed areas. A major rethinking of regional policy would have to take place towards a need for a regional policy actively favoring indigenous establishments.

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Ownership Disperses When a Venture Firm Its Initial Public Offerings (신규공모주의 저가발행과 벤처기업의 소유분산)

  • Lee, Ki-Hwan;Lee, Gil-Soo;Yoon, Byung-Seop
    • The Korean Journal of Financial Management
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    • v.27 no.1
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    • pp.63-87
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    • 2010
  • This paper empirically examines whether ownership disperses when a venture firm its IPO (initial public offerings). The data for this study were collected from 91 firms that were initially listed on KOSDAQ between January 1, 2004 and December 31, 2007. We explored the influence of the underpricing of IPO on the change of large shareholders. The first finding of this investigation is that the number of shareholders of the venture firms who underpriced IPOs still increased after the closing of lockup. This is consistent with the findings of Booth and Chua(1996) and Brennan and Franks(1997). Second, the share of the large stockholders of the venture firms that a venture capital company invested decreased significantly after the end of lockup. Third, the venture businesses with higher ratio of flotation showed a significant decreasing of shareholders after the closing of lockup.

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Contract-based Access Control Method for NFT Use Rights

  • Jeong, Yoonsung;Ko, Deokyoon;Seo, Jungwon;Park, Sooyong;Kim, Seong-Jin;Kim, Bum-Soo;Kim, Do-Young
    • Journal of the Korea Society of Computer and Information
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    • v.27 no.11
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    • pp.1-11
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    • 2022
  • In this paper, we propose an NFT(Non-Fungible Token)-based access control method for safely sharing data between users in blockchain environment. Since all data stored in the blockchain can be accessed by anyone due to the nature of the technology, it is necessary to control access except for authorized users when sharing sensitive data. For that, we generate each data as NFT and controls access to the data through the smart contract. In addition, in order to overcome the limitations of single ownership of the existing NFT, we separated the NFT into ownership and use rights, so that data can be safely shared between users. Ownership is represented as an original NFT, use rights is represented as a copied NFT, and all data generated as NFT is encrypted and uploaded, so data can be shared only through the smart contract with access control. To verify this approach, we set up a hypothetical scenario called Building Information Modeling (BIM) data trade, and deployed a smart contract that satisfies 32 function call scenarios that require access control. Also, we evaluated the stability in consideration of the possibility of decryption through brute-force attack. Through our approach, we confirmed that the data can be safely shared between users in blockchain environment.

Corporate strategy in Korean Contents production industry (국내 방송 콘텐츠 제작사의 기업 전략 특성)

  • Lee, Moon-Haeng
    • Journal of Digital Convergence
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    • v.20 no.1
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    • pp.155-163
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    • 2022
  • The ecology of Korean Production Industry has been changing rapidly. Small & medium size independent production companys have been shrinking in market share while big size production companys are taking larger share than before. This study intends to show the dramatic change of the ownership in Korean production industry and the consequencies. When considering positive development of production industry, small & medium size independent production companys should play important roles but the environment of the industry is not easy for them. The implication of this study is that small & medium size independent production companys have to search for survival strategies to adapt environmental change.