• Title/Summary/Keyword: Stock Application

Search Result 319, Processing Time 0.028 seconds

Rhetorical Analysis of News Editorials on 'Screen Quota' Arguments: An Application of Toulmin's Argumentation Model (언론의 개방담론 논증구조 분석: 스크린쿼터제 관련 의견보도에 대한 Toulmin의 논증모델과 Stock Issue의 적용)

  • Park, Sung-Hee
    • Korean journal of communication and information
    • /
    • v.36
    • /
    • pp.399-422
    • /
    • 2006
  • Whether to reduce the current 'screen quota' for domestic films in conjunction with the FTA discussions between Korea and the United States is one of the hotly debated issues in Korea. Using Toulmin's Argumentation Model, this study attempts to trace the use of data and warrants for each pro and con claims as portrayed in newspaper editorial columns and to find its rhetorical significance. A total of 67 editorial columns were collected from 9 nationwide news dailies in Korea for the purpose. The rhetorical analysis of those articles showed that the major warrants used in each pro and con opinion were absent of the potential issues of the opponents, which inherently fails to invite rebuttals from the opposite sides. This conceptual wall in each argumentation models implies an inactive conversation and subsequent absence of clash between the pro and con argumentation fields. It is thus suggested for opinion writers to find more adequate evidences to support the data and warrants to hold persuasive power of their respective claims, ultimately to enhance the public discourse among citizens.

  • PDF

Comparison of Carbon Storage Based on Alternative Action by Land Use Planning (토지이용에 따른 대안별 탄소 저장량 비교)

  • Seulki Koo;Youngsoo Lee;Sangdon Lee
    • Journal of Environmental Impact Assessment
    • /
    • v.32 no.6
    • /
    • pp.377-388
    • /
    • 2023
  • Carbon management is emerging as an important factor for global warming control, and land use change is considered one of the causes. To quantify the changes in carbon stocks due to development, this study attempted to calculate carbon storage by borrowing the formula of the InVEST Carbon Storage and Sequestration Model (InVEST Model). Before analyzing carbon stocks, a carbon pool was compiled based on previous studies in Korea. Then, we estimated the change in carbon stocks according to the development of Osong National Industrial Park (ONIP) and the application of alternatives. The analysis shows that 16,789.5 MgC will be emitted under Alternative 1 and 16,305.3 MgC under Alternative 2. These emissions account for 44.4% and 43.1% of the pre-project carbon stock, respectively, and shows that choosing Alternative 2 is advantageous for reducing carbon emissions. The difference is likely due to the difference in grassland area between Alternatives 1 and 2. Even if Alternative 2 is selected, efforts are needed to increase the carbon storage effect by managing the appropriate level of green cover in the grassland, creating multi-layered vegetation, and installing low-energy facilities. In addition, it is suggested to conserve wetlands that can be lost during the stream improvement process or to create artificial wetlands to increase carbon storage. The assessment of carbon storage using carbon pools by land cover can improve the objectivity of comparison and evaluation analysis results for land use plans in Environmental Impact Assessment and Strategic Environmental Impact Assessment. In addition, the carbon pool generated in this study is expected to be used as a basis for improving the accuracy of such analyses.

The Impact of K-IFRS Adoption on Accounting Conservatism: Focus on Distribution Companies (한국채택국제회계기준(K-IFRS)의 도입이 보수주의에 미치는 영향: 유통기업들을 중심으로 (초기 일시적 적응 현상))

  • Noh, Gil-Kwan;Kim, Dong-Il
    • Journal of Distribution Science
    • /
    • v.13 no.9
    • /
    • pp.95-101
    • /
    • 2015
  • Purpose - This study provides evidence of the impact of the mandatory adoption of Korean equivalents to International Financial Reporting Standards (K-IFRS) on accounting quality. K-IFRS uses fair value as a basis of measurement and is characterized by principle-based standards. These characteristics can lead to a decrease in conservatism. Therefore, this study aims to examine whether or not there is a change in the level of conservatism before and after the enforcement of K-IFRS (2007~2014). By comparing 2007 through 2008 and 2013 through 2014 (excluding 2009 to 2012), we test "the temporary adjustment phenomenon" and document an overall decline in the degree of conservatism after the adoption of K-IFRS. Research design, data, and methodology - Our sample is comprised of data of all listed Korea Composite Stock Price Index (KOSPI) manufacturing distribution companies in Korea from 2007 to 2014, which yields the pooled sample of 4,412 (panel A) and 1,915 (panel B) firm-year observations for hypotheses 1 and 2. In line with recent literature, we adopt the Givoly and Hayn (2000) model, which recomputes the non-operating accruals, excluding two components that are most likely to capture the effect of restructuring activities: special items and gains or losses from discontinued operations. In addition, we also use these variables: SIZE, LEV, INV_CYCLE, ROA, OWN, and FOR. Results - Our sample period spans 2007 to 2014. This offers evidence on the effect of the mandatory adoption of IFRS on conservatism. Our findings can be summarized as follows. First, in panel A, for mandatory K-IFRS adoption (2011), we do not find any significant evidence of conservatism. We can guess that the "temporary adjustment phenomenon" is the reason that we do not find significant evidence of conservatism. Second, we investigate panel B from 2009 to 2012. We document an overall decline in the degree of conservatism after the adoption of K-IFRS. We can assume that these results are due to "the temporary adjustment phenomenon." Conclusions - This study finds that conservatism significantly decreased after IFRS adoption. In particular, this study makes the initial effort to elucidate "the temporary adjustment phenomenon" to analyze the effect of K-IFRS on conservative accounting. We argue that K-IFRS are conceptually conservative but that inappropriate application of the conservatism principles is likely to prevent financial reporting from reaching the level of conservatism targeted by the IASB. Overall, this paper contributes to the literature on IFRS and can be useful to capital market supervisors who are monitoring the trends of the firms implementing K-IFRS. Additionally, our results inform stakeholders of the potentially negative effect of the greater flexibility permitted by IFRS and/or lack of appropriate enforcement on key dimensions of accounting quality. This has important implications for Korean regulators and standard setters as they review the cost and benefits of IFRS. Our study also sheds light on the importance of the institutional environment in achieving the targeted objectives for improving financial reporting quality.

Strategy for Sustainable Growth Through Forming Network in Mobile Service Industry: Focusing on Stock-Swapping M&A Strategy of YelloMobile (모바일 서비스 산업에서의 네트워크 형성을 통한 성장 전략: 옐로모바일의 지분교환방식 인수합병을 중심으로)

  • Lee, Saerom;Jahng, Jungjoo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.11 no.1
    • /
    • pp.109-119
    • /
    • 2016
  • Due to the fact that it is relatively easy to transfer technology between application developers or content providers, low entry barrier in the business causes fierce competition among the venture companies in mobile service industry. Our study examines a sustainable strategies to operate a business for venture companies that are in a highly competitive technology-intensive industry. In this paper, we examine how venture firms created a network and brought synergy effects, using network theory. Korean venture firm, YelloMobile, uses unique strategies of merger and acquisition through the method of swapping equity and thereby establishing network. We contribute to expand network theory by examining three elements of network: such as network structure, network governance mechanisms, and network contents.

  • PDF

Production, Immobilization, and Characterization of Croceibacter atlanticus Lipase Isolated from the Antarctic Ross Sea (남극 로스해에서 분리한 Croceibacter atlanticus균 유래 리파아제의 생산, 고정화, 효소특성 연구)

  • Park, Chae Gyeong;Kim, Hyung Kwoun
    • Microbiology and Biotechnology Letters
    • /
    • v.46 no.3
    • /
    • pp.234-243
    • /
    • 2018
  • The Antarctic Ocean contains numerous microorganisms that produce novel biocatalysts that can have applications in various industries. We screened various psychrophilic bacterial strains isolated from the Ross Sea and found that a Croceibacter atlanticus strain (Stock No. 40-F12) showed high lipolytic activity on a tributyrin plate. We isolated the corresponding lipase gene (lipCA) by shotgun cloning and expressed the LipCA enzyme in Escherichia coli cells. Homology modeling of LipCA was carried out using the Spain Arreo lake metagenome alpha/beta hydrolase as a template. According to the model, LipCA has an ${\alpha}/{\beta}$ hydrolase fold, Gly-X-Ser-X-Glymotif, and lid sequence, indicating that LipCA is a typical lipase enzyme. Active LipCA enzyme was purified fromthe cell-free extract by ammonium sulfate precipitation and gel filtration chromatography. We determined its enzymatic properties including optimum temperature and pH, stability, substrate specificity, and organic solvent stability. LipCA was immobilized by the cross-linked enzyme aggregate (CLEA) method and its enzymatic properties were compared to those of free LipCA. After cross-linking, temperature, pH, and organic solvent stability increased considerably, whereas substrate specificities did not changed. The LipCA CLEA was recovered by centrifugation and showed approximately 40% activity after 4th recovery. This is the first report of the expression, characterization, and immobilization of a C. atlanticus lipase, and this lipase could have potential industrial application.

Analysis on Yarding Productivity and Cost of Tower-Yarder Based on Excavator Using Radio-Controlled Double Clamp Carriage (2중 무선 클램프 반송기를 이용한 굴삭기 기반 타워야더의 생산성 및 비용 분석)

  • Choi, Yun-Sung;Cho, Min-Jae;Mun, Ho-Seong;Kim, Dae-Hyun;Cha, Du-Song;Han, Sang-Kyun;Oh, Jae-Heun
    • Journal of Korean Society of Forest Science
    • /
    • v.107 no.3
    • /
    • pp.266-277
    • /
    • 2018
  • This study was conducted in clear cutting stands. For the whole-tree yarding operation, a tower-yarder based on excavator with a radio-controlled double clamp carriage was applied to analyze yarding productivity and cost. The productivity and cost of yarding operation was $6.2m^3/SMH$(machine utilization rate, 80.4%) and $13,705won/m^3$, respectively. Although the maximum yarding distance was longer than the previous studies, the setting up time of the tower-yarder was decreased as used straw line. The application of the radio-controlled double clamp carriage improved productivity and reduced costs. Based on the fuel log and growing stock($137.0m^3/ha$), the minimum production($m^3$) and area(ha) were $558.3m^3$ and 4.1 ha for Pinus rigida stands and $433.7m^3$ and 3.2 ha for Quercus mongolica stands, respectively. Based on the this study, it will be possible to select an efficient yarding machine by accumulation of data on minimum production and area for many machines in various harvesting sites.

Management Practices on Functional Meats and Meat Products in European Countries and the Oceania Area (유럽 및 오세아니아의 기능성 축산물과 식육제품에 대한 운영현황 및 관리방안)

  • Choi, Ji-Hun;Choi, Yun-Sang;Kim, Hack-Youn;Kim, Hyun-Wook;Kim, Jin-Man;Kim, Cheon-Jei
    • Food Science of Animal Resources
    • /
    • v.30 no.5
    • /
    • pp.703-716
    • /
    • 2010
  • It has recently been considered urgent to establish an accurate definition and scope of functional foods in the livestock industry in Korea. The tertiary function of food is gradually emphasized with various changes in conditions such as international competitive power enhancement of the whole world, including Korea. Therefore, the purpose of this study was carried out to gather basic information toward the establishment of standardization, management plans, and a system adapted to the Korean state through researching management systems of functional meat and meat products in the European Union (EU) and the Oceania Area (OA). A brief summary of this study is as follows. In the EU and OA, special management systems and laws about functional livestock and products were once nonexistent; only 'nutrition claims' and 'health claims' operated in the nutritional consolidation side of foods. Also, it was once thought that functional index materials and permissions established in the application of functional products sufficed, because management standards for enriched food were not established. Therefore, standardization of functional live stock products needs to be considered based on the case of developed countries in the EU and OA. It also seems that the above functional indicative substances can be applied, based on normal standards of indicative substances of functional products and the normal standards of indicators of functional substances added to livestock products presented in this study.

A Test for Nonlinear Causality and Its Application to Money, Production and Prices (통화(通貨)·생산(生産)·물가(物價)의 비선형인과관계(非線型因果關係) 검정(檢定))

  • Baek, Ehung-gi
    • KDI Journal of Economic Policy
    • /
    • v.13 no.4
    • /
    • pp.117-140
    • /
    • 1991
  • The purpose of this paper is primarily to introduce a nonparametric statistical tool developed by Baek and Brock to detect a unidirectional causal ordering between two economic variables and apply it to interesting macroeconomic relationships among money, production and prices. It can be applied to any other causal structure, for instance, defense spending and economic performance, stock market index and market interest rates etc. A key building block of the test for nonlinear Granger causality used in this paper is the correlation. The main emphasis is put on nonlinear causal structure rather than a linear one because the conventional F-test provides high power against the linear causal relationship. Based on asymptotic normality of our test statistic, the nonlinear causality test is finally derived. Size of the test is reported for some parameters. When it is applied to a money, production and prices model, some evidences of nonlinear causality are found by the corrected size of the test. For instance, nonlinear causal relationships between production and prices are demonstrated in both directions, however, these results were ignored by the conventional F-test. A similar results between money and prices are obtained at high lag variables.

  • PDF

Micropropagation of Juvenile and Mature Tree of Corylopsis coreana by Axillary Bud Culture (액아배양에 의한 유묘 및 성숙 히어리나무의 기내번식)

  • Moon, Heung-Kyu;Noh, Eun-Woon;Ha, Yoo-Mi;Shim, Kyung-Ku
    • Journal of Plant Biotechnology
    • /
    • v.29 no.2
    • /
    • pp.117-121
    • /
    • 2002
  • We have developed an in vitro micropropagation system via shoot formation from axillary buds using nodal segments of Corylopsis coreana. Explants from both juvenile tree (one-year-old greenhouse stock seedlings) and mature tree (ten-years-old tree in nursery) were compared with regard to propagation efficiency. Combined treatment of both BA and zeatin were effective on shoot proliferation since the best result was obtained on MS medium supplemented with 0.5∼3.0 mg/L zeatin and 0.2 mg/L BA. Generally, juvenile explants were better in both shoot proliferation and growth than mature explants. However, as the duration of in vitro culture was proceed to 6 months, explants from mature tree also produced three shoots per explant. Distinctive differences in rooting and adaptability to soil of shoots obtained from mother trees. Whereas shoots originated from juvenile explants rooted as high as 97%, those from adult explants showed 62% rooting. Similar result was also observed in soil acclimatization. The plantlets derived from juvenile plants survived 67%, while only 48% of those from adult trees survived. The results showed a possibility of the micropropagation of Corylopsis coreana through shoot formation from axillary buds. In addition, the advance of the research still remain to enhance the frequency of acclimatization of plantlets from mature trees for practical application.

Effects of Rice Straw Amendment and Nitrogen Fertilization on Rice Growth and Soil Properties in Reclaimed Tidal Paddy Field

  • Lee, Sanghun;Bae, Hui-Su;Lee, Soo-Hwan;Lee, Kyeong-Bo;Noh, Tae-Hwan;Lee, Geon-Hwi
    • Korean Journal of Soil Science and Fertilizer
    • /
    • v.48 no.3
    • /
    • pp.205-212
    • /
    • 2015
  • Farmers with forage barley (Hordeum vulgare L.)-rice (Oryza sativa L.) cropping system at reclaimed tidal lands burn crop residues to facilitate seedbed preparation or remove them for feed stock. This study was conducted to investigate the effect of rice straw amendment and N fertilization on soil properties and N uptake of rice under forage barely-rice cropping system at reclaimed tidal paddy field. Rice straw was applied at the rates of 0, 2.5 and $5.0ton\;ha^{-1}$ and N was fertilized at 0, 100, 200 and $400kg\;ha^{-1}$. Although there was no significant difference in the growth and yield of rice, fresh and dry weight of forage barely increased with increasing the amount of rice straw. The amount of N uptake of rice at harvesting stage was $65.8-69.2kg\;ha^{-1}$ by the amount of rice straw amendment, but there were no significant differences among rice straw amendment levels. After harvesting the rice, the soil salinity decreased with rice straw amendment compared to the control. After forage barely and rice cultivation, soil organic matter contents increased to $2.6-2.8g\;kg^{-1}$ and $3.2-3.5g\;kg^{-1}$, respectively. The amount of N uptake of rice at harvesting stage increased up to $82kg\;ha^{-1}$ in $400kg\;ha^{-1}$ N applied plots which were $37.8kg\;ha^{-1}$ higher than the control. Nitrogen fertilization decreased N recovery efficiency. The highest yield of rice was observed at $244kg\;ha^{-1}$ N fertilization level, but the optimum N level was estimated at $168kg\;ha^{-1}$ in order to keep the protein content of rice under 6.5%. Further researches on N uptake and application of organic matter according to soil salinity will be necessary to increase N use efficiency at reclaimed tidal paddy field.