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The Effect of Corporate Social Responsibilities on the Quality of Corporate Reporting (기업의 사회책임이 기업경영보고의 질에 미치는 영향)

  • Jeong, Kap-Soo;Park, Cheong-Kyu
    • Journal of Distribution Science
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    • v.14 no.6
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    • pp.75-80
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    • 2016
  • Purpose - A growing demand for sustainability reporting has placed pressure on firms with non-financial information that affects firm valuation, growth, and development. In particular, a number of researchers have investigated various topics in Corporate Social Responsibility (CSR), non-financial information. Prior studies suggest that CSR may affect corporate outcomes like corporate reporting, financial performance, and disclosures. However, the results from prior studies are not clear whether CSR affects corporate outcomes. This is partially due to the measurement issues with CSR. In this study, we examine whether CSR affects the quality of corporate reporting, one of the popular measures in corporate outcomes. We find an evidence that CSR positively affects the quality of corporate reporting. Research design, data, and methodology - In this study, we collected a unique dataset of CSR from MSCI. Total 169 firms listed in the Korean Stock Exchange from 2011 to 2014 were collected and analysed with the detailed CSR reports. Using a correlation test, we found a weak association between CSR and the quality of corporate reporting. However, the regression tests provided a strong relationship between CSR and the quality of corporate reporting after controlling for other variables that may affect the quality of corporate reporting. Additionally, we calculated the t-statistics based on heteroskedaticity-consistent standard errors (White, 1980). Results - Before we run the regression test, we sort the measures of the two dependent variables into each rating of CSR (from AAA to CCC). The results indicate that the quality of corporate reporting measured by discretionary accruals and performance-matched discretionary accruals monotonically decrease as the CSR ratings increase. This supports our hypothesis. In the regression tests, the coefficient on MJDA (PMDA) is -0.183 (-0.173) and significant at the 5% level. We can interpret the results as CSR affecting the quality of corporate reporting in positive ways. Other coefficients on control variables are consistent with prior studies. For example, the coefficients on both LOSS and LEV are positive and significant at conventional level, meaning that firms with financial difficulty may harm their quality of corporate reporting. Conclusion - We found an evidence that CSR is positively associated with the quality of corporate reporting. This study contributes to the literature in various ways. First, this study extends the line of CSR research by providing additional evidence in the setting of ethical behaviors by managements. This is consistent with the hypothesis and supports the results of prior studies. Second, to the best of my knowledge, this is the first study using the MSCI CSR ratings. In contrast with prior studies using different measures of CSR, the MSCI CSR ratings allow us to provide in-depth analysis. Third, the additional measure of dependent variable (PMDA) allows us to improve the robustness of our results. Overall, the results provided this study to extend the findings in prior studies by providing incremental evidence.

Zooplankton Community and Distributions of Copepods in Relation to Eutrophic Evaluation in Chinhae Bay (진해만 수질 환경과 동물플랑크톤 군집 및 요각류 분포 특성)

  • KANG Young-Shil;PARK Joo-Suck;LEE Sam-Seuk;KIM Hak-Gyoon;LEE Phil-Yong
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.29 no.4
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    • pp.415-430
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    • 1996
  • Spatio-temporal variations in zooplankton community and ropepod indicator species were investigated along with the interaction between zooplankton distribution and environmental factors in Chinhae Bay. Zooplankton samples were monthly collected at 7 stations from February to September in 1993. A NORPAC net was vertically hauled from bottom to surface, At the same station, environmental factors such as temperature, salinity and COD (chemical oxygen demand) were measured at two different water layers, surface and bottom. In August and September, salinity declined below 30.00‰ , while eutrophic parameters such as COD showed the higher concentrations than those in other months, with higher concentrations at inner bay stations. Salinities were, however, higher at bay mouth areas. These distributional patterns were believed to be caused by input and dispersion of organic matters from nearby land. Zooplankton communities were composed of 7~14. Of these, Noctiluca scintillans was predominant and occupied 90.6‰ of total zooplankton abundance. Cladocera and Copepoda were secondly abundant taxa. Among 6 to 10 copepod species appeared, Acartia omorii and A. hudsonics were most common species during the survey months except March and September. Species diversities were greater, in general, at inner bay than outer bay. The lowest diversity index was observed in February, while the highest in July. Cluster analysis could divide the study area into 2 or 4 zones for each month. Zone 1, mouth area of the bay, was characterized by the influence of offshore waters. Zone II was mixing area. Zone III and IV seemed to be affected by nearby land.

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The opinions of health care workers on the inclusion of dental hygienists in the category of medical personnel (치과위생사의 의료인화에 대한 의료종사자들의 견해)

  • Hyeong, Ju-hee;Jang, Yun-Jung
    • Journal of Korean society of Dental Hygiene
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    • v.17 no.6
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    • pp.1013-1024
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    • 2017
  • Objectives: The study investigated health professionals working in the metropolitan area and Jeolla-bukdo, South Korea, from April 30 to May 17, 2017 to understand their views on the issue of including dental hygienists in the scope of medical personnel of South Korea. Methods:A total of 270 surveys were analyzed in this study. The survey consists of 5 questions on general issues; 10 on the awareness of present work of dental hygienist; and 1 on opposition or approval about including dental hygienist in medical personnel. The collected data were analyzed using SPSS for Windows 18.0, as well as frequency analysis, cross analysis and logistic regression analysis. Statistical significance level (${\alpha}$) is 0.05. Results: 1. Broken down by gender, male subjects showed more oppositions against including dental hygienists in the category of medical personnel while female subjects showed more favorable opinions (p<0.05). In terms of academic background, those who had graduated from graduate school or higher showed a higher propensity for opposition while those who had graduated from a 3-year college showed a higher tendency for approval on the idea (p<0.05), In terms of occupational type, health professionals showed more opposing views whereas medical technologists showed more approvals than others (p<0.001). 2. With respect to the awareness of work specialty and proficiency of dental hygienist according to general characteristics, the higher the age, the higher the awareness level was. In terms of the occupational type, medical technologists were found to have higher awareness level than health professionals (p<0.001). 3. With respect to the relationship between general characteristics and view on including dental hygienists in medical personnel, the occupational type of health professional was found to have 6.33 times more oppositions than medical technologists. When the awareness level on proficiency of dental hygienist was low, opposition was 6.52 times more frequent (p<0.05). Conclusions: Based on the findings above, the inclusion of dental hygienists in medical personnel seems necessary in properly establishing the specialty and role of dental hygienist in the dentist medical environment of the country in order to enhance national oral health related preventive dental service and expand the demand. To this end, it is necessary to provide nationwide promotion, work to change the awareness of health professionals in other occupational types, and facilitate public promotion for legal ground establishment.

Assessing Biological Safety of the Hanwoo Serum Obtained During Slaughtering Process (도축되는 한우 혈액에서 회수한 혈청의 생물학적 안전성 분석)

  • Kim, Min-Soo;Yu, Ji-Eun;Min, Kyung-Ho;Kim, Ji-Hoe;Choi, In-Ho;Nahm, Sang-Soep
    • Journal of Animal Science and Technology
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    • v.54 no.1
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    • pp.59-63
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    • 2012
  • Bovine serum contains various nutrients and growth factors that can be potentially used in biological experiments, drug manufacturing process and food industry. However, almost all the bovine blood has been wasted during slaughter process in Korea, thus there is a high demand for alternative uses of the wasted sera. In order to produce high quality and safe sera, it is necessary to screen zoonotic pathogens as well as other microbial contaminants to prevent any downstream contamination. The present research has been undertaken to assess biological safety of Hanwoo sera by determining microbiological contamination during slaughtering and handling processes. Serological tests have been performed to detect bacteria, mycoplasma and virus contamination in total of 52 Hanwoo sera. No sera were found to be contaminated with mycoplasma or virus, but only two sera were found to be contaminated with Bacillus thuringiensis. The present result shows that Hanwoo sera obtained from slaughtering process are biologically safe and have potentials to be developed as a biological reagent. Moreover, the methods employed in our study may provide basic standard for microbiological screening methods once wasted Hanwoo sera gain industrial values.

Field Application of a Continuously Aerated Bio-Reactor (CABR) for the Treatment of Swine Wastewater (양돈분뇨처리에 있어서 연속폭기배양조(CABR)의 현장적용연구)

  • Lee, Myung-Gyu
    • Journal of Animal Environmental Science
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    • v.1 no.1
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    • pp.55-64
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    • 1995
  • A wastewater purifying system using phototrophic bacterium, Rhodopseudomonas capsulata, is currently in operation in several countries, One of them, is a continuously aerated bioreactor(CABR) system, which treats concentrated swin wasterwater using small amounts of phototrophic bacteria as additive bacterial seeding. Using this plant, total biochemical oxygen demand was decreased to 13%, and most of volatile fatty acids were removed. About 40% of the wastewater(Influx) was evaporated during aerobic digestion for 24h, and 60% of that erupted in a decodorized foam(Efflux). The efflux had enough nutrients, N, P and K kor growing plant, as well as organic matters. When the efflux was applied to Italian ryegrass with high dose, fresh shoot and root weights were significantly greater, and $NO_3-N$ contents of the dried shoot were lower than those of control plant (CDU). These results indicate that the CABR plant is useful for reduction and deodorization of swine wastewater and the efflux from CABR can be used for crop production as an organic fertilizer.

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Effect of Microwave Treatment and Packaging Methods on Extending the Shelf-Life of RTE Rice Balls at Room Temperature (상온 보관 주먹밥의 유통연장을 위한 마이크로파 살균기술 및 포장기술에 관한 연구)

  • Bae, Young-Min;Lee, Sun-Young
    • Korean journal of food and cookery science
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    • v.26 no.2
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    • pp.165-170
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    • 2010
  • Although the demand of ready-to-eat (RTE) foods such as Kimbab is growing, large quantities and wide distribution of these foods is difficult due to their short shelf-life, exposed packaging with hygienic risk, and decreased quality at refrigerator temperatures. This study was undertaken to develop preservation and storage methods to extend the shelf-life of RTE rice products using microwave and packaging methods such as vacuum and modified atmosphere packages. RTE rice ball samples inoculated with Escherichia coli, Salmonella Typhimurium, Listeria monocytogenes, Staphylococcus aureus or Bacillus cereus were microwave treated for 0, 30, 60, 90 and 120 seconds. Populations of pathogens on the rice balls were significantly reduced with an increase in treatment time. There were more than 5 log reductions of all pathogens when the samples were microwave treated for 60 seconds. RTE rice balls inoculated with two pathogens (S. aureus and B. cereus) were packaged via air, vacuum, $N_2$ gas, and $CO_2$ gas following microwave treatment for 90 seconds. The initial S. aureus and B. cereus concentration before treatment was 7.60 and 6.59 log CFU/g, and these levels were reduced by 3.37 and 2.18 log CFU/g after microwave treatment. The levels of pathogens were significantly increased during storage time at room temperature. $CO_2$ packaging was the most effective at inhibiting microbial growth among the tested packaging methods. The levels of total mesophilic count, S. aureus and B. cereus after 5 days of storage were 7.7, 8.8 and 9.3 log CFU/g in air packaged samples and 2.4, 3.2 and 8.3 log CFU/g in $CO_2$ gas packaged samples, respectively. However, after 3 days of storage higher levels of B. cereus were observed in all samples, indicating that the samples were not safe to be consumed. Base on these results, microwave treatment and MAP packaging methods using $CO_2$ gas could be used as a potential method for extending the shelf-life of RTE foods.

Quality Analysis of GCP Chip Using Google Map (Google Map을 이용한 GCP 칩의 품질 분석)

  • Park, Hyeongjun;Son, Jong-Hwan;Shin, Jung-Il;Kweon, Ki-Eok;Kim, Taejung
    • Korean Journal of Remote Sensing
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    • v.35 no.6_1
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    • pp.907-917
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    • 2019
  • Recently, the demand for high-resolution satellite images increases in many fields such as land monitoring and terrain analysis. Therefore, the need for geometric correction is increasing. As an automatic precision geometric correction method, there is a method of automatically extracting the GCP by matching between the GCP Chip and the satellite image. For automatic precision geometric correction, the success rate of matching GCP Chip and satellite image is important. Therefore, it is important to evaluate the matching performance of the manufactured GCP Chip. In order to evaluate the matching performance of GCP Chips, a total of 3,812 GCP Chips in South Korea were used as experimental data. The GCP Chip matching results of KOMPSAT-3A and Google Map showed similar matching results. Therefore, we determined that Google Map satellite imagery could replace high-resolution satellite imagery. Also, presented a method using center point and error radius of Google Map to reduce the time required to verify matching performance. As a result, it is best to set the optimum error radius to 8.5m. Evaluated the matching performance of GCP Chips in South Korea using Google Maps. And verified matching result using presented method. As a result, the GCP Chip s in South Korea had a matching success rate of about 94%. Also, the main matching failure factors were analyzed by matching failure GCP Chips. As a result, Except for GCP Chips that need to be remanufactured, the remaining GCP Chips can be used for the automatic geometric correction of satellite images.

A Study on Data Acquisition in the Invisible Zone of UAV through LTE Remote Control (LTE 원격관제를 통한 UAV의 비가시권 데이터 취득방안)

  • Jeong, HoHyun;Lee, Jaehee;Park, Seongjin
    • Korean Journal of Remote Sensing
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    • v.35 no.6_1
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    • pp.987-997
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    • 2019
  • Recently the demand for drones is rapidly increasing, as developing Unmanned Aerial Vehicle (UAV) and growing interest in them. Compared to traditional satellite and aerial imagery, it can be used for various researches (environment, geographic information, ocean observation, and remote sensing) because it can be managed with low operating costs and effective data acquisition. However, there is a disadvantage in that only a small area is acquired compared to the satellite and an aircraft, which is a traditional remote sensing method, depending on the battery capacity of the UAV, and the distance limit between Ground Control System (GCS) and UAV. If remote control at long range is possible, the possibility of using UAV in the field of remote sensing can be increased. Therefore, there is a need for a communication network system capable of controlling regardless of the distance between the UAV and the GCS. The distance between UAV and GCS can be transmitted and received using simple radio devices (RF 2.4 GHz, 915 MHz, 433 MHz), which is limited to around 2 km. If the UAV can be managed simultaneously by improving the operating environment of the UAV using a Long-Term Evolution (LTE) communication network, it can make greater effects by converging with the existing industries. In this study, we performed the maximum straight-line distance 6.1 km, the test area 2.2 ㎢, and the total flight distance 41.75 km based on GCS through LTE communication. In addition, we analyzed the possibility of disconnected communication through the base station of LTE communication.

Factor Analysis and LISREL Model Development for Landscape Estimation on The Road Cutting Slope Area (도로절토사면(절개면)의 경관평가를 위한 요인분석 및 LISREL 모형구축)

  • 지길용;박일동;임성빈;금기정
    • Journal of Korean Society of Transportation
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    • v.21 no.2
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    • pp.33-43
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    • 2003
  • In South Korea, about 74% of total area is mountainous terrain It is therefore inevitable to make tunnel or cutting slope for road construction. According to a related survey, approximately 2,400 sites of cutting slopes were found from 24 different routes of roadway which is overall 900 km long, implying 2.7 slopes per 1km of roadway on average. Even though safety matter such as the slope failure prevention would be the most important consideration for the construction of cutting slopeslandscape of sloped face is nowadays becoming another important factor due to the growing demand for the driver-friendly road environment Various construction methods which attain this goal should therefore be considered in the design stage of the roadway. The objective of this study is to identify important factors in landscape of sloped-cut roadway using factor analysis. For this, 10 main treatment methods of sloped-cut fact were analyzed. This study employed the LISREL(structural analysis of common variance) model in order to capture the qualitative characteristics of the slope-cut road and examine the relationship between the suey error and the variable(s). As a result, more reasonable landscape evaluation model for the road design and construction was proposed.

A Basic Study for Wind Energy of Building Cladding using Computational Fluid Dynamics (CFD를 이용하여 건물 외피의 바람에너지에 관한 적용연구)

  • Chung, Yung-Bea
    • 한국신재생에너지학회:학술대회논문집
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    • 2011.11a
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    • pp.39.2-39.2
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    • 2011
  • The new and renewable energy today has a great interest in all countries around the world. In special it has need more limit of the fossil fuel that needs of low carbon emission among the social necessary conditions. Recently, the high-rise building demand the structural safety, the economic feasibility and the functional design. The high-rise building spends enormous energy and it satisfied the design in solving energy requirements. The requirements of energy for the building depends on the partly form wind energy due to the cladding of the building that came from the surroundings of the high-rise building. In this study of the wind energy, the cladding of the building was assessed a tentative study. The wind energy obtains from several small wind powers that came from the building or the surrounding of the building. In making a cladding the wind energy forms with wind pressure by means of energy transformation methods. The assessment for the building cladding was surrounded of wind speed and wind pressure that was carried out as a result of numerical simulation of wind environment and wind pressure which is coefficient around the high-rise building with the computational fluid dynamics. In case of the obtained wind energy from the pressure of the building cladding was estimated by the simulation of CFD of the building. The wind energy at this case was calculated by energy transform methods: the wind pressure coefficients were obtained from the simulated model for wind environment using CFD as follow. The concept for the factor of $E_f$ was suggested in this study. $$C_p=\frac{P_{surface}}{0.5{\rho}V^{2ref}}$$ $$E_c=C_p{\cdot}E_f$$ Where $C_p$ is wind pressure coefficient from CFD, $E_f$ means energy transformation parameter from the principle of the conservation of energy and $E_c$ means energy from the building cladding. The other wind energy that is $E_p$ was assessed by wind power on the building or building surroundings. In this case the small wind power system was carried out for wind energy on the place with the building and it was simulated by computational fluid dynamics. Therefore the total wind energy in the building was calculated as the follows. $$E=E_c+E_p$$ The energy transformation, which is $E_f$ will need more research and estimation for various wind situation of the building. It is necessary for the assessment to make a comparative study about the wind tunnel test or full scale test.

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