• Journal of Information Technology Applications and Management
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• v.21 no.1
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• pp.177-184
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• 2014

This research analyzes the effects of factors on the demands for outbound to the countries such as Japan, China, the United States of America, Thailand, Philippines, Hong Kong, Singapore and Australia, the countries preferred by many Koreans. The factors for this research are (1) economic variables such as Korea Composite Stock Price Index (KOSPI), which could have influences on outbound tourism and exchange rate and (2) unpredictable events such as diseases, financial crisis and terrors. Regression analysis was used to identify relationship based on the monthly data from January 2001 to December 2010. The results of the analysis show that both exchange rate and KOSPI have impacts on the demands for outbound travel. In the case of travels to the United States of America and Philippines, Korean tourists usually have particular purposes such as studying, visiting relatives, playing golf or honeymoon, thus they are less influenced by the exchange rate. Moreover, Korean tourists tend not to visit particular locations for some time when shock reaction happens. As the demands for outbound travels are different from country to country accompanied by economic variables and shock variables, differentiated measure to should be considered to come close to the target numbers of tourists by switching as well as creating the demands. For further study we plan to build outbound tourism forecasting models using Artificial Neural Networks.

• The Journal of Society for e-Business Studies
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• v.21 no.2
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• pp.81-96
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• 2016

This paper analyzes the impact of information breach on shareholder value by measuring the stock price reaction associated with the announcements of data breach. The breach firms in the sample lost, on average, 1.3% of their market value, amounting to 98.9 million won of loss within two-day of the event period after the announcement. We examine the abnormal returns in various categories (i.e., source, type, size, etc.) of information breach. Although the market does not react significantly to the announcements of outside breach, we find statistically significant market reactions to inside breach. We estimate abnormal returns over the following 60 days. The mean 60-day cumulative abnormal return and BHAR (buy-and-hold abnormal returns) are both significantly far from zero. We conclude that there is a coherent market reaction following the announcement. The difference between the market reactions to IT firms and Non-IT firms is statistically significant. But breach amount, firm size, and the year the breach occurred do not show to be significant variables.

• Korean Journal of Materials Research
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• v.11 no.8
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• pp.690-696
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• 2001

$TiO_2$ coated coal fly ash has been prepared in order to develop the low price $TiO_2$ photocatalyst and spread out its utilizing field. $TiO_2$ particles is coated on the surface of coal fly ash by precipitation method. In this method, $TiCl_4$ aqueous solution was used as a titanium stock solution and $NH_4HCO_3$ was used as a precipitant. The titanium hydroxide precipitated on the surface of coal fly ash in these neutralizing reaction process was oxidized by heat treatment in temperature ranges of $300~700^{\circ}C$. The crystal structure of the generated titanium dioxide showed anatase type. The crystal size of titanium dioxide increased with raising the temperature of heat treatment, but the removal ability of NO gas decreased. When the titanium dioxide was heated at temperature ranges of $300~ 400^{\circ}C$ for 2 hours, the crystal size of titanium dioxide appeared about 9nm, and the removal rate of NO gas showed 85~ 92%. The whiteness of $TiO_2$ coated coal fly ash increased with raising the coating rate of titanium dioxide and the temperature of heat treatment.