• Title/Summary/Keyword: Valuation System

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A Study on Assessment Standard for Environmental Impact Assessment (한국에서의 환경영향평가 평가기준에 대한 연구)

  • Lee, Mu-Choon
    • Journal of Environmental Impact Assessment
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    • v.2 no.2
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    • pp.111-116
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    • 1993
  • The EIA system was developed during ten odd years of introduction. On the other hand, the contentional development representing systematical fidelity does not match to it. I surveyed the problems of EIA on the point of environmental items with no legal standards. EIA is being executed only once on the planning stage. If the present EIA system has two times of execution, the quality of EIA will be much better. First, on the stage of deciding location of the project, EIA should be done. And next, detailed EIA should be done on the stage of executing the project. To describe the problems of EIA, I surveyed the legislations on the point of the former stages, investigation of present status and anticipation. And I tried a theoretical approach to EIA. The knowledge of things, the subject's standpoint and his valuation are all put together in the EIA. The knowledge of relationship between air and water pollutants and their impact on human is accumulated much. On the other hand, the knowledge of the compounded item, fauna-flora(natural ecology) is partial and causes many difficulties. I pointed out the absurdities of assessment technique dealing the standards and introduced assessment technique being applied to items with no physico-chemical standards such as wild lives.

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A Study for Improvement of The Qualification System through The Value Evaluation Methods (가치평가 방법에 따른 자격제도 개선방안에 관한 연구)

  • Jung, Byung-Han;Park, Jae-Hyun;Yang, Kwang-Mo;Kang, Sung-Woo;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.17 no.1
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    • pp.193-201
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    • 2015
  • The history of Korea Qualification system began after the Korea War. The Qualification was recognized to it's value with economic growth until the 2000. But the value of qualifications has to be re-evaluated under the current global environments. Almost Previous research has not to work for the value of qualifications all of Korea. So, This study presents a evaluation structure frame to work and some evaluation factors for the qualification value. In addition, the methodology proposed to obtain results using the AHP weights based on the evaluation methodology and questionnaire. The analysis results are used as a basis for selecting the future policy direction of the national qualification.

Life Cycle Cost Evaluation Index Enhancing of Public Facilities (공공시설물의 LCC 평가기준 개선방안)

  • Gu, Bon-Hak;Kim, Tae-Hui;Kim, Ok-Gyu;Park, Tae-Keun;Lee, Hyun-Soo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.412-415
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    • 2007
  • Recently advanced nations utilize evaluation system about LCC, and KOREA begin to introduce the system to reduce construction expense. And Introducing "Technical proposal type bid" that is new government construction order mode made needs for valuation of price to evaluate facilities LCC. These days LCC is evaluated by BTL and turnkey project in KOREA, but it is suffering from difficulty in evaluation. because evaluation element and standard are indefinite. In addition LCC evaluation of public construction business except BTL and turnkey is not consisting. Therefore, in this research we present LCC evaluation Index for systematic and objective evaluation.

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Economic Effect Analysis for Bike-Sharing in KOREA - Focus on Goyang and Changwon City - (공공자전거 경제적 효과 분석 - 고양시 및 창원시를 대상으로 -)

  • Kim, Dong-Jun;Jeong, Seong-Yub;Han, Sang-Yong;Shin, Hee-Cheol
    • International Journal of Highway Engineering
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    • v.16 no.1
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    • pp.63-73
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    • 2014
  • PURPOSES : The aim of this study is to analyze economic effect of bike-sharing after its introduction in Korea. METHODS : This study reviews current bike-sharing situations in Korea and other nations. We conduct surveys on bike-sharing system's bike usage patterns and economic benefits in Changwon and Goyang cities where public bikes are the most popular in the nation. Economic benefits are itemized after reviewing relevant previous studies. Then, the survey is implemented using the Contingent Valuation Method (CVM). Then estimated benefit is compared to the cost which is necessary for bike-sharing introduction and operation. RESULTS : Using the average WTP per household, the total economic benefit of bike-sharing is estimated as much as 1.75 billion KRW to 3.75 billion KRW in Goyang and Changwon city. Using estimated benefit, economic effect of bike-sharing are calculated as 0.69 and 1.00, respectively. CONCLUSIONS : The result of this study shows bike-sharing could be useful economic policy in Korea. However, economic effect of bike-sharing differs by city.

Detection of Quantitatively Spread Movement of Atom on the Oxygen Generator

  • Kim, Jeong-lae;Seo, Ji-yeon;Jeong, Hyun-woo
    • International Journal of Advanced Culture Technology
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    • v.8 no.4
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    • pp.294-298
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    • 2020
  • We was constructed of the spread movement with tremor layer point by the tractile-dot structure that was analyzed the squirm quake forms of the perception movement on the atom liquid. Algorithm of squirm quake forms was used to move the spread tremor on the atom state. To detect the tiny signal, we compared the association average value of the squirm quake form on the atom state. Their subject were issued the valuation standard and perception movement for basic atom condition by the spread tremor. We take to detect the tiny scores of average during perception movement side from the spread tremor that magnetic condition get to a variation of the Ma-αAVG and Ma-αMAX-MIN with 6.25±0.35 units, that electric condition get to a variation for the El-αAVG and El-αMAX-MIN with 5.68±0.42 units. The spread tremor was to investigate the capacity of the tremor form, to uptake a spread data of spread tremor level on the CCPL that was denoted the calm-classification form by the spread perception level system. As the squirm quake forms was demanded by the spread tremor signal, max-average values of perception movement were checked the spread position for association average data. We make mention of squirm quake forms for a signal association and a quake data signal of relation system.

A study on Appraisal Methods of Timber Assets for the Forestry Household Economy Survey in Korea (우리나라 임가경제조사를 위한 입목자산가치 평가방법 연구)

  • Kim, Young-Hwan;Won, Hyun Gyu;Lee, Ho Sang;Chong, Se Kyung
    • Journal of Korean Society of Forest Science
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    • v.97 no.1
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    • pp.77-82
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    • 2008
  • For the last few decades, forest resources in Korea have continuously increased in terms of their stocks. However, due to the low profitability of timber harvesting in Korea, their economic values have not been well recognized. Furthermore, their economic values have not been counted in national statistics associated with forest resources such as the Forestry Household Economy Survey or the National Accounting. This research fundamentally aimed at building a forest valuation system or a procedure that enables one to evaluate the national-level economic values of timber assets in Korea. For this research, it is necessarily required to understand the principles of appraisal methods and any issues raised in their practical applications. Thus, a comprehensive review of appraisal methods utilized in Korea and other countries was conducted in this research. Also, the current valuation system of the National Forests in Korea was investigated. Through the review and the investigation, it was found that an alternative consists of two appraisal methods, the 'Capitalized Income Value' method adopting the Internal Rate of Return (IRR) for the below-rotation age forest and the 'Derived Residual Value' method for the above-rotation age forest, could be the most acceptable for evaluating timber assets of forestry households derived from the Forestry Household Economy Survey in Korea.

A Study on the Relationship between the Disclosure of the Company's Internal Control System and the Agency Costs -Focused on SSE Listed Companies (기업 내부통제시스템 도입과 기업 대리 비용과의 관계연구 - SSE 상장기업을 중심으로)

  • Kim, Dong-Il;Choi, Seung-Il
    • Journal of Digital Convergence
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    • v.18 no.8
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    • pp.111-118
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    • 2020
  • This study conducted an empirical analysis of SSE-listed companies to verify the effects of evaluation and disclosure of internal control systems on the agency costs management and controlling shareholders. Agency costs can affect the valuation of accounting information as asymmetry of information in the relationship between a company and its stakeholders, or induce financial costs as an adverse selection. If the firm's agency costs are reasonable, the valuation of the company can also move in a relatively positive direction. In this study, the evaluation information of the internal control system was analyzed through sales management ratio and equity ratio as substitute variables to analyze the relationship between management and agent costs of the controlling shareholders. In addition, independent control ratio, capital balance ratio, and company scale were used as control variables, as a result of the analysis, the evaluation information of internal control was found to be related to the agency costs of managers and governance structure. This study can be conducted to positive factors in evaluating the reliability and corporate value of accounting information according to the evaluation of internal control of SSE-listed companies and helps to understand the financial reporting environment.

Technology Valuation Evaluation Model of Decision Making System using Income Approach for Commercialization in LNG Plant Construction (수익접근법을 활용한 LNG 플랜트공사의 의사결정지원시스템 기술가치 평가)

  • Park, Hwan Pyo;Han, Jae Goo;Chin, Kyung Ho
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.4
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    • pp.58-67
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    • 2014
  • The proportion of investment in national R&D projects in construction and transportation has been increasing continuously; in terms of the size of R&D projects, there are many medium- to large-sized projects of over KRW 10 billion. However, in spite of such continuous increase in R&D investments, there are many technologies developed but not commercialized, i.e., the quiescence of technology. Accordingly, it is necessary to link the R&D results to commercialization by expanding the scope of R&D projects. In this context, this study presented objective reference prices to be used in contracting/transacting technology and implementing commercialization strategy by conducting technology valuations against on-going research projects with earnings approach, and by estimating value of patented technology. Sum of free cash flow (business value) that can be generated during the life of the technology was estimated as KRW 512 million by reflecting a discount rate of 16.34% to convert it into the present value. In addition, the technology value was computed as KRW 227million by applying a technology factor of 44.39% to the above value. Based on the technology value estimated in this way, it is necessary to establish industrialization and commercialization strategy of the technology.

Estimation of Willingness to Pay (WTP) of the Cost of Safe Transportation for Freight Cars Using the Contingent Valuation Method (CVM) (조건부가치측정법(CVM)을 이용한 일반형 화물자동차 안전운송원가 지불의사(WTP) 추정)

  • Hong, Sun-Yong;Kim, Si-Hyun
    • Journal of Navigation and Port Research
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    • v.45 no.6
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    • pp.346-351
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    • 2021
  • With the goal of eradicating overwork, overload, and speeding of general freight cars(cargo) by the Ministry of Land, Infrastructure and Transport, Infrastructure and Transport, the "The Fare of safe transportation for freight cars System" has been enforced since 2020. 'The Fare of safe transportation for freight cars' rate for each item is being applied and supplemented, but the 'The Cost of safe transportation for freight cars' of general freight cars (cargo) and steel items is under discussion. The purpose of this study was to estimate the willingness to pay( WTP) for cargo. A survey was conducted on shippers, transportation companies (arrangers, carriers), and cargo drivers (using direct questioning among contingent valuation method (CVM) and the Tobit Regression analysis was conducted, and the average and median values of freight rates were derived using the estimated results, and the willingness to pay by tonnage of freight cars was confirmed. It is expected that the results of this study can be used as a reference to the "The Fare of safe transportation for freight cars Committee" an organization for deliberation and resolution of the 'The Cost of safe transportation for freight cars'.

A Sanitizer for Detecting Vulnerable Code Patterns in uC/OS-II Operating System-based Firmware for Programmable Logic Controllers (PLC용 uC/OS-II 운영체제 기반 펌웨어에서 발생 가능한 취약점 패턴 탐지 새니타이저)

  • Han, Seungjae;Lee, Keonyong;You, Guenha;Cho, Seong-je
    • Journal of Software Assessment and Valuation
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    • v.16 no.1
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    • pp.65-79
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    • 2020
  • As Programmable Logic Controllers (PLCs), popular components in industrial control systems (ICS), are incorporated with the technologies such as micro-controllers, real-time operating systems, and communication capabilities. As the latest PLCs have been connected to the Internet, they are becoming a main target of cyber threats. This paper proposes two sanitizers that improve the security of uC/OS-II based firmware for a PLC. That is, we devise BU sanitizer for detecting out-of-bounds accesses to buffers and UaF sanitizer for fixing use-after-free bugs in the firmware. They can sanitize the binary firmware image generated in a desktop PC before downloading it to the PLC. The BU sanitizer can also detect the violation of control flow integrity using both call graph and symbols of functions in the firmware image. We have implemented the proposed two sanitizers as a prototype system on a PLC running uC/OS-II and demonstrated the effectiveness of them by performing experiments as well as comparing them with the existing sanitizers. These findings can be used to detect and mitigate unintended vulnerabilities during the firmware development phase.