• Journal of the Korean Operations Research and Management Science Society
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• v.39 no.4
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• pp.33-49
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• 2014

This study empirically examines the impact of firms' environmental (E), social (S), and governancial (G) factors on their short-term and long-term values. To measure firms' non-financial performance, we use ESG performance grades published by KCGS (Korea Corporate Governance Service). We employ stock log return as the proxy of each firm's short-term value, and Tobin's Q ratio as that of its long-term value. From a series of regression analyses, we find each of the ESG factors generally has a negative impact on stock return while it has a positive impact on the Tobin's Q ratio. These results imply that firms' effort for enhancing their non-financial performance may adversely affect their financial performance in a short term; but in the long-term point of view, firms' values increase through their good images engraved by their respective social, environmental and governancial efforts. In addition, we compare the relative strength of impact among E, S, G, the three non-financial factors on the firms' value measured in Tobin's Q ratio, and find that S (social factor) and G (governancial factor) give statistically significant impact on the firms' value respectively. This result tells us it would be advised to strategically embed CSV (creating shared value) pursuing both of profits and social responsibility in the firms' future agenda. While E (environmental factor) is shown to be an insignificant factor for the firms' value, it should be emphasized as a major concern by all the stakeholders in order to form a sound business ecosystem.

• Journal of Hydrogen and New Energy
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• v.34 no.6
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• pp.712-721
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• 2023

While hydrogen is widely used, it has a low minimum ignition energy, raising safety concerns when using it. This research studied which parameters are the key variables in the hydrogen release and diffusion. These parameters were divided into six process variables in the initial release and two environmental variables in the dispersion. One hundred and twenty cases were selected through design of experiment, and the end-point in each case were analyzed using PHAST. Afterwards, an end-point prediction model was developed using RSM and ANOVA, and the impact of each variable on the endpoint was analyzed. As a result, the influence of eight variables was graded. The nozzle diameter had the greatest influence on the end-point, while the pipe roughness coefficient had no effect on the end-point. It is expected that these results will be used as basic data to improve safety across all fields of hydrogen handling facilities.

• Korean Journal of Remote Sensing
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• v.35 no.3
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• pp.433-446
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• 2019

Environmental impact assessment has been performed as preliminary assessment system in order to conserve environment value and minimize negative effect from development. Assessment based on data has been necessary to strengthen objectivity in process of Environmental impact assessment process. Furthermore extended use of spatial information in Environmental impact assessment system has been required through spatial information provided at government level and possibility connected with spatial information in Environmental impact assessment. However spatial information has not been systematically utilized in current Environmental impact assessment. Also the environmental impact assessment workers including assessment government employees, agencies of Environmental impact assessment document and review agencies lack an understanding in the concept of spatial information, so there is limit about their use to efficiently. In order to improve these limits in use of spatial information, this study suggested measures to standardize spatial information (coordinate and attribute table). To do so, based on coordinate and standards certified by the government, this study defined standard coordinates (GRS-80, central datum point, False East: 100000, False North: 200000) and established 9 default items. Lastly, the aforementioned standards were tested for actual environmental impact assessment projects. Standardization measures suggested in this study are expected to contribute to invigorate spatial information utilization in Environmental impact assessment and expand the scope of the assessment.

• Journal of Power Electronics
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• v.18 no.3
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• pp.702-713
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• 2018

Power loss reduction and total harmonic distortion(THD) minimization are two important goals of improving three-level inverters. In this paper, an optimized pulse width modulation (PWM) strategy that can reduce switching losses and balance the neutral point with an optional THD of three-level neutral-point-clamped inverters is proposed. An analysis of the two-level discontinuous PWM (DPWM) strategy indicates that the optimal goal of the proposed PWM strategy is to reduce switching losses to a minimum without increasing the THD compared to that of traditional SVPWMs. Thus, the analysis of the two-level DPWM strategy is introduced. Through the rational allocation of the zero vector, only two-phase switching devices are active in each sector, and their switching losses can be reduced by one-third compared with those of traditional PWM strategies. A detailed analysis of the impact of small vectors, which correspond to different zero vectors, on the neutral-point potential is conducted, and a hysteresis control method is proposed to balance the neutral point. This method is simple, does not judge the direction of midpoint currents, and can adjust the switching times of devices and the fluctuation of the neutral-point potential by changing the hysteresis loop width. Simulation and experimental results prove the effectiveness and feasibility of the proposed strategy.

• Journal of Environmental Science International
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• v.24 no.8
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• pp.1045-1053
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• 2015

This study evaluated the effect of water level of water resources on water quality in Ulsan. Two reservoirs, Sayeon Dam and Hoeya Dam, were selected and water quality of chemical oxygen demand (COD), total nitrogen (TN) and total phosphorus (TP) were analyzed from 2012 to 2014. And the characteristics of precipitation were also analyzed for 70 years (1945~2014) because runoff of non-point pollutant was strongly affected by precipitation. As a result, water deterioration of Sayeon Dam and Hoeya Dam were affected in accordance with lowering water level. For example, the concentrations of COD and TN was negatively correlated with the water level when the water level of Sayeon Dam was gradually decreased in 2013. The TN concentration was increased to 1.432 mg/L from 0.875 mg/L while the lowest water level of Sayeon Dam was recorded 45 m in 2014. Additionally the concentration of COD and TN was sensitively increased with 0.213 mg/L/m and 0.058 mg/L/m on account of non-point pollutant runoff. It is indicated that hereafter a control of non-point pollutant runoff is the critical factors to maintain water resources because the contribution of non-point pollutant is expected to increase due to the frequent heavy rain events. Therefore, it is necessary to map out a specific plan for non-point pollutant control based on analyses of runoff characteristics, water pollution sources and reduction plans in water pollutants and to establish a water modelling and database system as a preventive action plan.

• Journal of the Korean Institute of Landscape Architecture
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• v.25 no.3
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• pp.35-46
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• 1997

The objective of this study is to investigate actual conditions of terrestrial vegetation part in Environmental impact statement, and to prepare a proposal for the efficiency of Environmental Impact Assessment. 13 E.I.S.s made out during 1996.6-1997.5. have been chosen and analysed with respect to scope of survey, item of survey, method of survey, and result of survey. Actual conditioins of terrestrial vegetation part in E.I.S. are summarized as follows : 1. The mean number of total participants in drawing up E.I.S. is 26.0 persons, that of participants in terrestrial vegetation part is 2.3 persons. 2. In case of planar project, the mean of scope of survey is 16.1 times as large as area of project . In case of linear project, the scope of survey has been determined arbitrarily. 3. The most part of survey has been dependent on literature, and field survey has been practically neglected. 4. Results of survey mostly missed the point that E.I.A. pursues. And proposals are as follows : 1. Participants in terrestrial vegetation part in drawing up E.I.S should be increased. 2. It is necessary to subdivide scope of survey in view of difference between planar project and linear project. 3. As for item and method of survey, field survey should be specially reinforced. 4. Several sheets of map as results of survey should be included in E.I.S. The vegetation map, the D.G.N. map, and the planting map should be included and drawn by smaller scale as possible.

• Journal of Environmental Impact Assessment
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• v.25 no.4
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• pp.248-260
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• 2016

This study was aimed to assess the effect of diverse pollutants control measures suggested in the Chuso basin and its upstream of So-oak stream watershed where are the most concerned areas on the control of algal bloom occurring in Daecheong Reservoir. The control measures were classified as watershed measures and in-reservoir measures, and their effects were simulated using a two-dimensional hydrodynamic and water quality model. The watershed measures were made up of 1) point sources control, non-point sources control, and their combinations. The in-reservoir measures were supposed to treat sediment at Chuso basin and to install a phosphorus elimination plant (PEP) at the end of So-oak stream. The results showed that the effect of each measure was influenced by the hydrological condition of the year. In wet year, as the contribution of non-point sources increased, the non-point source control measures (NPS1~NPS4) showed more effective compared to other measures, while, the PEP system to eliminate phosphorus from So-oak stream showed better performance in dry year. In particular, the scenario of NPS1, in which all livestock manures were collected and treated but only chemical fertilizers (NPS1) were used for agriculture fields, showed the best performance for the control of algal bloom in Chuso basin among the watershed measures.

• Earthquakes and Structures
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• v.8 no.5
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• pp.1127-1146
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• 2015

The excitation angle or angle of incidence is the angle in which the horizontal seismic components are applied with respect to the principal structural axes during a time history analysis. In this study, numerical simulations and parametric studies are performed for the investigation of the effect of the angle of seismic incidence on the response of adjacent buildings, which may experience structural pounding during strong earthquakes due to insufficient or no separation distance between them. A specially developed software application has been used that implements a simple and efficient methodology, according to which buildings are modelled in three dimensions and potential impacts are simulated using a novel impact model that takes into account the arbitrary location of impacts and the geometry at the point of impact. Two typical multi-storey buildings and a set of earthquake records have been used in the performed analyses. The results of the conducted parametric studies reveal that it is very important to consider the arbitrary direction of the ground motion with respect to the structural axes of the simulated buildings, especially during pounding, since, in many cases, the detrimental effects of pounding become more pronounced for an excitation angle different from the commonly examined 0 or 90 degrees.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.42 no.1
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• pp.88-97
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• 2017

With the increasing of the penetration rate of large-scale wind farms, a reliable, highly available and cost-effective communication network is needed. As the failure of a WF communication network will significantly impact the control and real-time monitoring of wind turbines, network reliability should be considered into the WF design process. This paper analyzes the network reliability of different WF configurations for the Southwest Offshore project that is located in Korea. The WF consists of 20 WTs with a total capacity of 60 MW. In this paper, the performance is compared according to a variety of indices such as network unavailability, mean downtime and network cost. To increase the network reliability, partial protection and full protection were investigated as strategies that can overcome the impact of a single point of failure. Furthermore, the reliability performances of different network architectures are analyzed, evaluated and compared.

• International Journal of Naval Architecture and Ocean Engineering
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• v.12 no.1
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• pp.157-167
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• 2020

The purpose of this study is to analyze the relationship between the occurrence of intermediate peak and time duration, and to conduct a review for the causes of the intermediate peak. In this test, ice impact tests were conducted using a bow side shell frame and ice specimen. A total of 70 samples were manufactured. Two types of ice specimen with relatively different surface conditions were used. The criterion for dividing the two types of ice specimen was the different exposure times to room temperature after freezing. This experiment was conducted for each parameter in order to reproduce the actual icebreaking situation. As a result of the analysis, the intermediate peak in the ice load signal have been found to be caused by mechanisms by which the inner surface of broken ice contact with hull immediately after the initial hitting point of ice has been broken.