• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.3
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• pp.337-345
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• 2018

The purpose of this study is to analyze the relationship between the characteristics of Korean family firms and the impact of debt financing. The analysis period was 10 years from 2004 to 2013, and the sample consisted of 4,008 non-financial firms listed on the Korea Exchange. For the analysis, the unbalanced panel data with time - series, cross - section data were formed and analyzed using panel data regression analysis. The results are as follows. First, Korean family firms use relatively less debt than non - family firms. It can be understood that family firms in which the dominant family owns and dominates the corporation are less likely to increase their debt because the agent problem is alleviated and the need for the control effect of Jensen (1986) is lowered. Second, in the verification of the packing order theory using the model proposed by Shyam-Sunder and Myers (1999), family firms have higher compliance with the packing order theory than non-family firms do. When financing is needed, debt is preferred over equity issuance. However, for Korean family firms, 24.38% of the deficit funds are financed through the issuance of net debt, which is relatively low compared to the 75% shown in the analysis of Shyam-Sunder and Myers (1999). These results reveal the limit to the strong claim that the Korean family firms follow the packing order theory.

• Atmosphere
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• v.25 no.2
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• pp.261-270
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• 2015

Characteristics of snowfall and snow crystal habits have been investigated in the campaign of Experiment on Snow Storms At Yeongdong (ESSAY) using radiosonde soundings, Global Navigation Satellite System (GNSS), and a digital camera with a magnifier for taking a photograph of snowfall crystals. The analysis period is 6 to 14 February 2014, when the accumulated snowfall amount is 192.8 cm with the longest snowfall duration of 9 days. The synoptic situations are similar to those of the previous studies such as the Low pressure system passing by the far South of the Korean peninsula along with the Siberian High extending to northern Japan, which eventually results in the northeasterly or easterly flows and the long-lasting snowfall episodes in the Yeongdong region. In general, the ice clouds tended to exist below around 2~3 km with the consistent easterly flows, and the winds shifted to northerly~northwesterly above the clouds layer. The snow crystal habits observed in the ESSAY campaign were mainly dendrite, consisting of 70% of the entire habits. The rimed habits were frequently captured when two-layered clouds were observed, probably through the process of freezing of super-cooled droplets on the ice particles. The homogeneous habit such as dendrite was shown in case of shallow clouds with its thickness of below 500 m whereas various habits were captured such as dendrites, rimed dendrites, aggregates of dendrites, plates, rimed plates, etc in the thick cloud with its thickness greater than 1.5 km. The dendrites appeared to be dominant in the condition of cloud top temperature specifically ranging $-12{\sim}-16^{\circ}C$. However, the association of snow crystal habits with temperature and super-saturation in the cloud could not be examined in the current study. Better understandings of characteristics of snow crystal habits would contribute to preventing breakdown accidents such as a greenhouse destruction and collapse of a temporary building due to heavy snowfall, and traffic accidents due to snow-slippery road condition, providing a higher-level weather information of snow quality for skiers participating in the winter sports, and estimating more accurate snowfall amount, location, and duration with the fallspeed of solid precipitation.

• Korean Journal of Environmental Biology
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• v.24 no.2 s.62
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• pp.201-211
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• 2006

55 zooplankton taxa including 35 copepoda were observed in the Uldolmok waterway during the sampling period from August 2003 to April 2004. Neritic species showed the seasonal species fluctuation, and oceanic warm-water species occurred throughout the year. The number of taxa tended to increase at the flood tide from low tide to high tide, and to decrease at the ebb tide from high tide to low tide. Therefore, species composition of zooplankton in the Uldolmok waterway seemed to be affected by the inflow of oceanic waters with oceanic species all the year round. Total abundance of zooplankton ranged from 104 (February 2004) to 2,717 indiv. $m^{-3}$ (August 2003). According to the tidal cycle, the change of total abundance was more irregular and variable in November 2003 and February 2004 than August 2003 and April 2004. In August 2003 and April 2004, total abundance was low at the strong tide, and was high at low and high tide when tidal current was weak. Average abundances of dominant species such as Paracalanus indicus, Cirripedia nauplii and Acartia hongi were on the order of twice higher at ebb tide than flood tide. However, their abundances were also subject to wide fluctuation within flood tide and ebb tide. The changes of environmental parameters such as water temperature, salinity and chlorophyll-a concentration were negligible along the tidal periods in the Uldolmok waterway. Therefore, the advection, transfer and loss of zooplankton population derived from strong tidal current and eddy formed by the local difference of tidal velocity lead temporal variation of zooplankton community more complex and variable in the Uldolmok waterway.

• The Journal of Engineering Geology
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• v.14 no.3 s.40
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• pp.259-272
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• 2004

The purpose of this study is to investigate the effect of hydrochemical variation of groundwater on the gas tigtness in an unlined oil storage cavern. The groundwater chemistry is greatly influenced by the seawater mixing, the water curtain and the dissolution of grounting cements. The chemical composition of groundwater greatly varies ac-cording to both the location of monitoring wells and the sampling period. Most of groundwater shows alkaline pH and high electrical conductivity. The chemical types of groundwater show the dominant order as follows : Na-Cl type > Ca-Cl type > $Ca-HCO_3(CO_3)$ type. Thermodynamic equilibrium state between chemical composition of groundwater and major minerals indicates that carbonate minerals except clay minerals can be precipitated as a secondary mineral. It means that the secondary precipitates can not greatly exerts the clogging effect into fracture aperture in rock mass around oil storage cavern. The content of total organic carbon (TOC) shows a slightly increasing trend from initial stage to late stage. The $EpCO_2$ was computed so as to assess the gas contribution on the $CO_2$ in groundwater. The $EpCO_2$ of 0$\~$41.3 indicates that the contribution of oil gas on $CO_2$ pressure in groundwater system can be neglected.

• Journal of Korean Society for Atmospheric Environment
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• v.17 no.5
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• pp.395-405
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• 2001

To make an assessment of the compatibility between DOAS and conventional point monitoring system (MCSAM-2: MS2), we investigated the concentrations of three criteria pollutants which include S $O_2$, N $O_2$, and $O_3$from a national monitoring station in Seoul during the periods of June 1999~August 2000. The average concentration values for the whole study period derived from hourly concentration data sets of those three species indicated that the mean differences between the two methods can be approximated as 18%. When the bias structure of two systems was evaluated through the computation of percent difference(PD) between the two such as ( $C_{DOAS}$- $C_{conventional}$ $C_{DOAS}$*100, differences between the two systems appeared to be quite systematic among different compounds. While the mode of bias peaked at 0~20% or 20~40% in terms of PD values, the cause of such positive bias mainly arised from generally enhanced concentration values of DOAS system. The structure of bias among different species was further assessed through linear regression analysis. Results of the analysis indicated that the dominant portions of differences observed from two monitoring systems can be accounted for by the systematic differences in their spanning and zeroing systems. S $O_2$(MS2)=0.6385 S $O_2$(DOAS)+2.0985($r^2$=0.7894) N $O_2$(MS2)=0.6548 N $O_2$(DOAS)+7.437($r^2$=0.7687) $O_3$(MS2)=1.0359 $O_3$(DOAS)-7.7885($r^2$=0.7944) The findings of slope values at around 0.64~0.65 from two species suggest that DOAS should respond more sensitively in upper bound concentration range. The offset values apart from zero indicate that more deliberate comparison needs to be made between these monitoring systems. However, based on the existence of strong correlations from at least 8,000 data points for each species of comparison, we were able to conclude that the compatibility of two monitoring systems is highly significant. With the improvement of calibration techniques for the DOAS system. its applicability for routine monitoring of airborne pollutant species is expected to be quite extendable.

• Journal of Microbiology and Biotechnology
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• v.11 no.6
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• pp.994-1001
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• 2001

An easier way of understanding the BNR system was proposed from the study on substrate, nutrient removal tendency, microbial community and its metabolic function by applying the municipal settled sewage. During the anaerobic period, the phosphorus release rate per VFACOD we varied depending on the phosphorus content in the sludge. When the phosphorus content in the sludge was $6\%$ VSS, according to influent VFACOD, the phosphorus release rate and PHA production were $0.35 gPO_4P/gVFACOD$ and 1.0 gPHA/gVFACOD, respectively. The $NO_3N$ requirement for the phosphorus uptake as an electron acceptor was about $0.5 gNO_3N/gPO_4P_{uptake}$ based on the proposed equation with PHA, biomass, production, and the concentration of phosphorus release/uptake. Bacterial-community analysis of the sludge, as determined by FISH and 16SrDNA characterization FISH, revealed that the beta-subclass proteobacteria were the most abundant group ($27.9\%$ of the proteobacteria-specific probe EUB338), and it was likely that representative of the beta-subclass played key roles in activated sludge. The next dominant group found was the gamma-protebacteria ($15.4\%$ of probe EUB338). 16S rDNA clone library analysis showed that the members of${\beta}$- and ${\gamma}$-proteobacteria were also the most abundant groups, and $21.5\%$ (PN2 and PN4) and $15.4\%$ (PN1 and PN5) of total clones were the genera of denitrifying bacteria and PAO, respectively. Prediction of the microbial community composition was made with phosphorus content (Pv, $\%$ P/VSS) in wasted sludge and profiles of COD, PHA, $PO_4P,\;and\;NO_3N$ in an anaerobic-anoxic SBR unit. Generally, the predicted microbial composition based upon metabolic function, i.e., as measured by stoichiometry, is fairly similar to that measure by the unculturable dependent method. In this study, a proposal was made on he microbial community composition that was more easily approached to analyze the reactor behavior.

• Asian Journal of Atmospheric Environment
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• v.11 no.4
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• pp.300-312
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• 2017

To improve the understanding of secondary organic aerosol (SOA) formation from the photo-oxidation of anthropogenic and biogenic precursors at the regional background station on Baengnyeong Island, Korea, gas phase and aerosol chemistries were investigated using the Proton Transfer Reaction Time of Flight Mass Spectrometer (PTR-ToF-MS) and the Aerodyne High Resolution Time of Flight Aerosol Mass Spectrometer (HR-ToF-AMS), respectively. HR-ToF-AMS measured fine particles ($PM_1$; diameter of particle matter less than $1{\mu}m$) at a 6-minute time resolution from February to November 2012, while PTR-ToF-MS was deployed during an intensive period from September 21 to 29, 2012. The one-minute time-resolution and high mass resolution (up to $4000m{\Delta}m^{-1}$) data from the PTR-ToF-MS provided the basis for calculations of the concentrations of anthropogenic and biogenic volatile organic compounds (BVOCs) including oxygenated VOCs (OVOCs). The dominant BVOCs from the site are isoprene (0.23 ppb), dimethyl sulphide (DMS, 0.20 ppb), and monoterpenes (0.38 ppb). Toluene (0.45 ppb) and benzene (0.32 ppb) accounted for the majority of anthropogenic VOCs (AVOCs). OVOCs including acetone (3.98 ppb), acetaldehyde (2.67 ppb), acetic acid (1.68 ppb), and formic acid (2.24 ppb) were measured. The OVOCs comprise approximately 75% of total measured VOCs, suggesting the occurrence of strong oxidation processes and/or long-range transported at the site. A strong photochemical aging and oxidation of the atmospheric pollutants were also observed in aerosol measured by HR-ToF-AMS, whereby a high $f_{44}:f_{43}$ value is shown for organic aerosols (OAs); however, relatively low $f_{44}:f_{43}$ values were observed when high concentrations of BVOCs and AVOCs were available, providing evidence of the formation of SOA from VOC precursors at the site. Overall, the results of this study revealed several different SOA formation mechanisms, and new particle formation and particle growth events were identified using the powerful tools scanning mobility particle sizer (SMPS), PTR-ToF-MS, and HR-ToF-AMS.

• Asian Journal of Turfgrass Science
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• v.21 no.1
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• pp.69-79
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• 2007

Incorporating herbicides application into a fertilization program has several benefits including saving time and reducing traffics on the lawn. Premixed products of fertilizers and herbicides are commonly known as Weed & Feed in the lawn-care industry. To compare Weed & Feed with separate applications of fertilizers and herbicides on a Kentucky bluegrass (Poa pratensis L.) lawn, a Weed & Feed 28-3-3, containing 0.64% 2,4-D, 0.31% MCPP, and 0.03% dicamba of active ingredients, was used in this study. The first application was in May, with the second in June or Sept. Herbicides in forms of 2,4-D (LV-4, 4EC), MCPP (4EC), and dicamba (Clarity, 4EC) were applied at rates equal to the amounts in Weed & Feed or at half of the rates. The dominant weed in both locations was common dandelion (Taraxacum officinale Weber.) in 2005 and 2004. A secondary weed was Canada thistle (Cirsium arvense (L.) Scop.) in 2004 and broadleaf plantain (Plantago major L.) in 2005. When applied in May and June, fertilizer plus full rate of herbicides treatment achieved 112.3 and 83.7 days of acceptable turf quality in 2004 and 2005, respectively. During the same period, Weed & Feed resulted in 58.7 and 24.3 days of acceptable turf quality, respectively. Our study showed that Weed & Feed was generally as effective in weed control as the same amount of fertilizer plus half rates of herbicides sprayed although results may vary due to the timing of application. Fertilizer plus full rates of herbicides provided the same or better results of weed control than Weed & Feed.

• Journal of the Korean Society of Marine Environment & Safety
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• v.17 no.1
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• pp.15-21
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• 2011

Species composition and seasonal variation of fish assemblages in Sargassum beds in Gamak Bay was determined using fish samples collected monthly by a surrounding net from October 2008 to September 2009. A total of 21 species, 582 individuals and 5,345.1 g of fishes were collected during the study period and Perciformes accounted for 47.6 % of the total number of species. Takifugu niphobles, Engraulis japonicus and Lateolabrax japonicus predominated in number, accounting for 55 % of the total number of individuals. Higher number of species and individuals occurred in June and in September-October. Species were grouped into three by cluster analysis: A) dominant species such as Leiognathus nuchalis and Takifugu niphobles, B) fish collected mainly in spring such as Sebastes inermis, Chaenogobius heptacanthus, Pterogobius zonoleucus, Pholis nebulosa, and Trachyrhamphus serratus, and C) fish collected mainly in autumn such as Engraulis japonicus, Lateolabrax japonicus, and Hyporhamphus sajori.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.22 no.11
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• pp.2594-2603
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• 1997

A novel method of adaptive beam forming is presented in this paper. The proposed technique provides for a suboptimal beam pattern that increases the Signal to Noise/Interference Ratio (SNR/SIR), thus, eventually increases the capacity of the communication channel, under an assumption that the desired signal is dominant compared to each component of interferences at the receiver, which is precoditionally achieved in Code Division Multiple Access (CDMA) mobile communications by the chip correlator. The main advantages of the new technique are:(1)The procedure requires neither reference signals nor training period, (2)The signal interchoerency does not affect the performance or complexity of the entire procedure, (3)The number of antennas does not have to be greater than that of the signals of distinct arrival angles, (4)The entire procedure is iterative such that a new suboptimal beam pattern be generated upon the arrival of each new data of which the arrival angle keeps changing due tot he mobility of the signal source, (5)The total amount of computation is tremendously reduced compared to that of most conventional beam forming techniques such that the suboptimal beam pattern be produced at vevery snapshot on a real-time basis. The total computational load for generating a new set of weitht including the update of an N-by-N(N is the number of antenna elements) autocovariance matrix is $0(3N^2 + 12N)$. It can further be reduced down to O(11N) by approximating the matrix with the instantaneous signal vector.