Journal of the Korea Academia-Industrial cooperation Society
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v.15
no.1
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pp.86-98
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2014
This study examined a long-standing issue with its perverse results in the Korean capital markets, such as any variant financial profiles over time, affecting capital structure for the firms belonging to the chaebols. It may be of interest to identify these components from the perspectives of international investors and domestic policy makers to implement their contingent strategies on the target leverage, since the U.S. financial turmoils in the late 2000s. Regarding the evidence from the three hypothesis tests on the firms in the chaebols, this research found that the control variabels measuring profitability, business risk, and non-debt tax shields, showed their statistically significant relationships with the different types of a debt ratio. While FCFF(free cash flow to the firm) showed its significant influence to discriminate between the firms in the chaebols and their counterparts, not belonging to the chaebols, BDRELY as the ratio of liabilities to total assets, comprising the enhanced 'Dupont' system, only showed its statistically significant effect on leverage in the context of the parametric and nonparametric tests. In line with the results obtained from the present research, one may expect that a firm in the Korean chaebol, may control or restructure its present level of capital structure to revert to its target optimal capital structure towards maximizing the shareholders' wealth.
Journal of the Korea Academia-Industrial cooperation Society
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v.21
no.2
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pp.287-295
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2020
The purpose of this study is to find out the tendency and meaning of metaphors for block play. For this purpose, responses from 165 teachers in J area day care centers were collected using sentence completion metaphors. Collected data were analyzed through a categorization process using a qualitative research method based on previous research into metaphor analysis. From the results, first, block play trends from the metaphors were classified into two categories: content of block play, and characteristics of block play. The frequency in the order for Building Value of Play was higher. For the content of block play, composition had the highest frequency for trait of block play, and the basis of growth and development had the highest frequency in the Value of Block Play category. Second, the meanings of block play metaphors are composing, expressing, imagining, pleasure, freedom, and value of block play under Category Play, which was recognized as the basis of development, emotional development, social development, and creativity. Based on the results of the study, the value and role of block play in early childhood teacher education and in-service education should be further emphasized.
Journal of the Korea Academia-Industrial cooperation Society
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v.17
no.7
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pp.648-655
/
2016
As the FTAs' implementations are accelerated, an Ex-post assessment, such as an analysis of the tariff schedule and agricultural trade has been emerging as an important national issue for an agricultural sector Korea-EU FTA, which was to be implemented in the five years from July 2016 as one of the giant FTA. The purpose of this study was to determine the demand of an ex-post assessment on agricultural sector as a trade negotiation procedural law. In addition, by providing policy direction for the agricultural policy part requiring amendments and supplements through ex-post assessment, the conflicting arguments between agricultural and non-agricultural sector can be evaluated more objectively. The current evaluation method on the economic impact ex-post assessment of a FTA is generally compared using the change in trade balance before and after the time of FTA implementation. On the other hand, this comparison cannot be said to be the pure FTA effects and objective, tightening economic impact assessment of the FTA in all combined situations, such as the effects of exchange rates and international macroeconomic changes and climate change & occurrence of pests. Over the last 4 years, however, Korea-EU FTA's total accumulated agricultural GDP loss was measured to be 2,178 billion by these research attempts with dynamic analysis as ex-post assessment methodology. The greatest impact was mainly livestock and pork followed by cereals and vegetables. In addition, this research is expected to contribute to policy evaluations in the future.
Journal of the Korea Academia-Industrial cooperation Society
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v.17
no.11
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pp.314-321
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2016
Adapting the maintenance criteria of Seoul City pavement is not applicable for borough pavement due to differences between the pavement of Seoul city and the borough, such as priority of maintenance, traffic volume, thickness of pavement, and pavement deterioration rate by distresses. To develop an efficient and reasonable evaluation method of the Seocho borough pavement condition within a limited budget, this study suggested the borough pavement condition evaluation model based on the PMS (Pavement Management System) of Seoul Metropolitan SPI (Seoul Pavement Index). The SPI was modified to predict the remaining life and determine the proper maintenance method for the pavement in Seocho borough. This was suggested to reflect the rate of the designed performance life and field performance life of pavement as well as the pavement condition at the stage of the completion of construction. Primary variables, such as crack, rutting and IRI in the final model affect the overall performance life due to their even composition. Therefore, the suggested model considering the lowered criteria, design performance factor, and construction factor can be used for the more efficient maintenance of Seocho borough pavement.
Journal of the Korea Academia-Industrial cooperation Society
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v.19
no.4
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pp.77-84
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2018
As the application of BIM (Building Information Modeling) to the civil sector has become practical, and mandatory for road projects, the standardization, development of systems, etc. for the application and operation of BIM are required. In particular, it is important to develop BIM data standards for producing, sharing and managing the lifecycle data of civil facilities because they are commonly national public facilities. The BIM data standards have been developed by utilizing or extending IFC (Industry Foundation Classes), which is an international standard, but schema extensions of river facilities has not been developed thus far. This study proposes an approach to an IFC extension for river facilities using the WBS (Work Breakdown Structure) as a fundamental study for IFC-based schema extension in the river field. For this purpose, the research was carried out as follows. First, the IFC extension development method was selected to represent the river facilities by analyzing the existing IFC structure and previous research cases for the IFC extension. Second, extended elements of the river facilities were identified through an analysis of the WBS and classified according to the high-level structure of the IFC schema. Third, the classified elements were arranged based on the IFC hierarchy and the IFC schema extension for river facilities was established. Based on the suggested extension method of IFC schema, this study developed the schema by defining the element components and parts of river facilities, such as distribution flow elements and deriving their detailed types and properties.
Chae Je Cheon;Gang Yang Sun;Lee Yeong Ho;Nam Jung Hyeon
Proceedings of the Korean Society of Crop Science Conference
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1999.11a
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pp.102-144
/
1999
The major problems of food crop cultivation in Korea are low yield of most crops except rice. inefficient cultivation techniques for aged farmers. and low international competibility. Therefore, development of cultivation techniques of food crops should aim the yield. quality improvement, labor reduction and production cost. The primary issue for increasing the yield of soybean, barely and wheat is to reduce the yield gap between the farmer's yield and recommended ones of experiment station. More advanced cultivation techniques needs to be developed. and/or the conventional breeding methods to be reconsidered. The newly developed labor-saving mechanized technique needs to reduce labor hours , and the cost of agricultural implements and machineries. In other words the labor-saving mechanized technique should be developed based on the improvement of total farming system as well as systemic fundamental innovation of cultural methods. The efficiency of solar energy use in food production of Korea in 1997 is as low as $0.52{\%}$ so there is much room to increase yield. It is recommendable that the concept of food Production should be changed to energy Producing efficiency Per unit area basis from volume and weight of food materials. Moreover, introduction of resonable cropping system is needed to increase yield of main crops, farmer's income, solar energy use efficiency, and decrease of land service expenditure. Current cropping system emphasized on economic crops. especially in vegetables , is not desirable for resonable use of arable land. stability of agricultural management and staple food crop self-sufficiency ratio. It is desirable to increase food crops . that are energy of carbohydrate and protein rich and land dependent crops. in cropping system. And the agronomist should develop the cultural methods to replace food crops for food self-sufficiency and stable farming management instead of economic crops in current cropping system. Low-input and environmentally-sound crop cultivation techniques, especially nitrogen-reducing culture technique which is directly related to food crop quality, also needs to be developed urgently. The extended cultivation of corn in upland and barely and wheat in lowland as a feed stuffs is recommended to prevent further decrease of food self-sufficiency ratio, which is mainly caused by the high reliance on imported feed grain. It is also considered that the calculation and presentation methods of standard agricultural income needs to be improved. The current calculation method uses unit land area of 10a regardless of crop kinds , characteristics of agricultural management and cultivation scale. So, it is apt to lead misunderstanding of farm income value. Therefore. it should show an income of average farmers for certain number of years. Research and developing system for food producing is not desirable because they are conducted currently individual crop and mono-culture basis. But actual agricultural income is usually earned by cropping system including upland and lowland. For example. the barley and wheat is usually cultivated in double cropping system. The cooperation among research institutes such as university agribusiness. government and farmers is indispensible. The public information and education on importance and consumption habit of food crops is necessary in Korean society to increase food self-sufficiency through nationwide cooperation.
Gug, Seung-Gi;Jeong, Tae-Gweon;Park, Hye-Ri;Kim, Jeong Rok
Journal of Navigation and Port Research
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v.37
no.4
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pp.391-400
/
2013
Each country has recently established and operated so called Aids to Navigation(AtoN) AIS system collecting and transferring information on the sea state and AtoN's position. Korea has also decided to introduce the system and been establishing it. And it has already installed and operated this system in Incheon and Daesan. For the purpose of giving the national standards of AtoN AIS, this paper is to investigate the present states of AtoN AIS systems in the above two area and to suggest the improvement to the operation of AtoN AIS system. To make it, the paper deals with the international regulations of related AtoN AIS and the cases of foreign's AtoN AIS system installed and also investigates the operation states of the system, in five modules such as system management, system composition, information, function and cooperation. The followings are concluded; improving the inconsistency of system management, reducing operator's confusion caused by excessive display of AtoN AIS system, improving the problem of receiving unnecessary information, improving the functional problems caused by AIS communication inability and improving AtoN AIS information which is presently not used on board.
Journal of the Korea Academia-Industrial cooperation Society
/
v.18
no.2
/
pp.524-531
/
2017
Summary The purpose of this study was to understand the tendency and the meaning of day care center teachers regarding role playing through metaphorical analysis. The data were collected from 166 day care center teachers who participated in A-city university supplement education using the sentence completion metaphorical method. The collected data were categorized and analyzed through a qualitative research method conducted by 2 early childhood education specialists. The results are as follows. First, the tendency of role playing metaphorical expression was divided into 3 categories, 8 contents and the frequency of 'sociality development' was the highest followed by 'emotional development', 'development'. Second, the meaning of role playing metaphorical expression was recognized as 'social skills', 'role experience', 'imitation', and 'understanding of society' in the 'sociality development' category; as 'imagination', 'purification function', and 'means of expression' in the 'emotional development' category; and as 'essential factor of development' in the 'development' category. Based on the research result, it was suggested that the roles of education and teachers for the value and effective operation of role playing in early childhood education institutes should be reconsidered.
Journal of the Korea Academia-Industrial cooperation Society
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v.22
no.4
/
pp.321-330
/
2021
By reviewing domestic and international papers, this study examines various fields in which drones are used, and based on the results, fields are suggested in which drones can be used for the work of firefighters. Overall, the research results show that drones are most commonly used for search (51%), disaster and fire monitoring (35%), and delivery (14%). Specifically, in the search field, using a drone is more efficient in terms of manpower, equipment, time, and cost than using people, which is the current practice. Secondly, in disaster and fire monitoring, drones can analyze and identify disasters and fire sites in real time. Therefore, it was confirmed that the use of drones is helpful in securing the safety of firefighters and identifying a disaster site. Third, research in logistics shows that drones can secure the so-called golden time in emergency situations by delivering rescue and relief supplies, emergency medicine, and blood in short order. In a rapidly changing disaster environment, and considering aging in firefighters, this study is meaningful in that it promotes drone utilization in the firefighting field by investigating basic data on drone utilization plans.
The need for analysis of the operational efficiency and productivity of the Busan Port Container Terminal is increasing because of the Hanjin Shipping's bankruptcy and the re-establishment of the Maritime Alliance. This paper analyzes the efficiency and productivity of five Busan New Port Container Terminal companies by using the DEA analysis and Malmquist productivity index model based on the port construction disclosure data and the collected terminal internal data. According to the analysis, the average efficiency of the five container terminals increased in 2018 but declined slightly in 2019, and the Malmquist index showed that all terminals except A have advanced productivity. Additionally, relative to facility productivity, operators at the North Container Terminal had higher facility productivity than operators at the Busan New Port Nam Container Terminal, and regarding capital productivity, the D terminal ported by HMM, a national shipping company, was the highest in facility productivity. Regarding labor productivity, the C terminal showed the highest productivity, and regarding ship work productivity, the A terminal showed the highest productivity.
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