• Journal of East Asia Management
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• 제3권1호
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• pp.25-40
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• 2022

This study investigates the effect of labor union and its power on information opacity. Given that the information opacity ultimately leads to the stock price crash, this study examines the relationship between labor unions and future stock price crash risk. Further, by assuming a strike by labor union as the actual power of the unionization in firms, whether labor union's power subrogated by the activity (i.e., a strike) makes a significant difference in the likelihood of future stock price crash between unionized firms is also examined. The work place survey data provided by Korea Labor Institute is used to test the hypotheses. The data is for the periods of 2004 - 2012 on firms listed on Korea Stock Exchange and KOSDAQ. The results show that while labor unionization has a positive impact on future stock price crash risk, on which labor union's power has a negative impact. This means that the existence of labor union itself might facilitate firm's information to be opaque by tolerating manager opportunism, while its power mitigates the managerial opportunism, which leads to lower future stock price crash risk. This study adds to the literature on the role of labor unions as nonfinancial stakeholders and its power in accounting environment, and also on the determinants of stock price crash. It is also valuable to examine the unions' role in terms of the economic consequences of both presence and power of the labor unions.

• 전력전자학회논문지
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• 제27권5호
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• pp.425-430
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• 2022

A pumped storage power station is an important means to solve the problem of peak load regulation and ensures the safety of power grid operation. The doubly fed variable-speed pumped storage (DFVSPS) system adopts a doubly fed induction machine (DFIM) to replace the synchronous machine used in traditional pumped storage. The stator of DFIM is connected to the power grid, and the three-phase excitation windings are symmetrically distributed on the rotor. Excitation current is supplied by the converter. The active and reactive power of the unit can be quickly adjusted by adjusting the amplitude, frequency, and phase of the rotor-side voltage or current through the converter. Compared with a conventional pumped storage hydropower station (C-PSH), DFVSPS power stations have various operating modes and frequent start-up and shutdown. This study introduces the structure and principle of the DFVSPS unit. Mathematical models of the unit, including a model of DFIM, a model of the pump-turbine, and a model of the converter and its control, are established. Fast power control strategies are proposed for the unit model. A 300 MW model of the DFVSPS unit is established in MATLAB/Simulink, and the response characteristics in generating mode are examined.

• Strategy21
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• 통권41호
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• pp.174-207
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• 2017

Human history shows diverse strategies for survival and prosperity. This study introduces the concept of the expansion of wealth as a key to explain choice and behavior of political entities. American scholar, -Bruce Bueno de Mesquita-, offers theoretical grounds for this concept in that the cores of selectorate theory is settled. The political entity consists of two groups, -the winning coalition that has power to replace leader and non-winning coalition that has not. Leaders implement policies serving for the welfare of winning coalition in return for their loyalty. Both internal problems caused by demographic changes and external ones of climate changes, epidemic disease, or invasion compel leader and winning coalition to adopt policies of expansion that they believe may lead to the acquisition of wealth needed to counter those problems. The process starts by occupying one spot where other entities reside and then connecting it to its own. The line between spots functions as a foothold to form a new line to other spots. By repeating this process, a space is created in which new laws and orders are instated. In the early stage of expansion, war is hardly avoidable. Once finished successfully, the political circumstance tilts to encourage economic activities in order to generate national revenues to strengthen political power of winning coalition. However, as scale of economic activities grows, so does political power of civic classes in production and trade. To gain financial support required to run the political entity, delegation of power or bestowing autonomy to non-winning coalition is inevitable. Thus, expansion is not the ultimate solution, only to prolong the political survival if succeed. Maritime power came to attractive option when overland expansion had become obstructed. It offered much greater advantages in terms of political risks and financial burdens in exploring new regions of precious commodities than overland expansion. Each political entity around world have been, for the first time in human history, connected by maritime means since 15th century. It is worthy of noting that land conditions propelled people out to sea. Political and economic situations created opportunities to exploit geographical position in pursuit of wealth. In the 21st century, we witness the operation of international winning coalition that presides over the rules of expansion. Competing for market is synonymous to the expansion in this era, the cause and aim of it has not been changed though. Energy and dollars are key factors of expansion since the end of the 2nd world war. No matter what the forms and conditions change, naval power is still the most relevant means for expansion as it retains unique characters of maneuver, flexibility, continuity, display and projection of power. The strategy for using naval power should be in line with two different approaches for expansion: Approaches to the international winning coalition by making contribution to world order, and approaches to the non-international winning coalition by enhancing military diplomatic activities. The former will serve our share of winning coalition while the latter will open chances to acquire further prosperity.

• 대한전기학회논문지:시스템및제어부문D
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• 제55권5호
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• pp.205-215
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• 2006

In this paper an optical power meter using Hadamard transform, which can be used in multiple channel optical elements alignment system, is proposed. A traditional optical power meter in multiple channel optical elements alignment system is able to judge how well the elements are aligned each other by measuring optical power of the first and the last two channels with at least two detectors. It has critical drawback that the alignment accuracy per channel is dependent on the number of detectors. The proposed optical power meter can get noise reduction by the Hadamard transform based multiplexing technique. The Hadamard transform based multiplexing technique using spatial light modulators is distinguished by the best enhancement of signal-to-noise ratio (SNR) for the reconstructed signals. Moreover, the noise reduction increases with increasing the order of multiplexing, namely the number of optical element channels. The proposed system is implemented by PDLC (Polymer Dispersed Liquid Crystal) mask which is operated by electric filed and generates optimal multiplexing patterns based on the Hadamard transform and single detector. It means that we obtain not only the each channel's optical power of multiple channel elements at once but also the best enhancement of SNR with single detector. Experimental results show that the proposed optical power meter is suitable for an active optical alignment system for multiple channel optical elements.

• 한국통신학회논문지
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• 제30권12A호
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• pp.1136-1146
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• 2005

본 논문에서는 전력선 통신을 위해 사용되는 고압 배전선로에서 통신신호 및 잡음신호에 의해 방사되는 방사전계강도를 계산하였다. 전력선 통신 네트워크의 2포트 등가모델 및 기본적인 전송선로 이론을 이용해 입력임피던스를 계산하였다. 그리고 계산된 입력임피던스를 이용해 전력선상 전류를 계산하고 최종적으로 방사전계강도를 계산하였다. 전력선의 특성임피던스가 매우커서 입력 단에서의 반사가 심하기 때문에 입력임피던스는 일정한 주기를 가지는 정재파 형태를 가진다. 계산된 전류 및 방사전계 또한 이러한 형태임을 알 수 있었다. 실제 측정한 결과계산 치와 측정치가 매우 유사함을 알 수 있었다.

• 전기학회논문지P
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• 제59권3호
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• pp.275-288
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• 2010

In order to improve the quality of electricity in large scale power systems, stability of power system has to be achieved. This can be done by the means of preventative diagnosis of power equipments and protection, monitoring and control of the power system. Since the recent adoption of digital controllers, an improvement in stability was observed; in particular, IED, which contained self-diagnostic abilities such as fault tolerance, allowed for automatic recovery via redundancy or switching-over functions should there be faults with the equipments. Furthermore, communication lines have been hugely simplified, thus adding to the improvement in stability significantly. Taking these error reports and forecasting emergency reports and by effectively responding to them in the overiding controlling systems, high levels of system stability can be obtained. Power Management System that is being applied to automated power sub-stations, takes the IEC61850 international standard as its specification. In this paper, additional research into achieving stability of already developed PMS system and also the stability of the overall system was carried out, and the results of development of communication servers, which play a pivotal role in connecting systems, are stated.

• 전기학회논문지P
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• 제56권1호
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• pp.45-50
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• 2007

In this paper, this paper discusses how to improve the power control system of cold and hot water purifiers, in particular, system protecting device against abnormal voltage. The existing power supply control system came with a protecting device composed of varistor device only for impulse-type surges. Even though the existing system senses surge other than impulse-type, the system can not be protected. Accordingly, a new type of power control system was designed to protect the system from surge and ultimately prevent electricity accidents. The power control system suggested in this paper will be designed to protect the system by sensing input voltage and discontinuing power supply by means of SSR if voltage exceeding set value is sensed. To test the designed system, surge was imposed on the existing system and processes of system failure were experimented before safety of the designed power control system was simulated via P-spice program developed by Orcad in order to examine safety and reliability of the system.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2003년도 하계학술대회 논문집 D
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• pp.2705-2707
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• 2003

Over the past several years, the application extent of the real-time systems is being expanded with the progress of civilization. An effort to minimize power consumption at the system is being accomplished in several fields from the design of an analog/digital circuit up to the device level. Things of this effort have included the power optimum-technique to minimize power consumption at the digital logic circuit and the dynamic managed skill by means of the decision of the operating system. In this paper, we designed of low power system by using power-optimized method. As an effective low-power design, we designed the low power system which it has a monitoring system within the main board and a personal computer.

• 한국자동차공학회논문집
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• 제23권1호
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• pp.112-121
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• 2015

In this paper, powertrain of output split type plug-in hybrid electric vehicle is analyzed for the operation range of speed, torque, and power. First, it is assumed that the efficiency of motor is 100%. And, the speed and torque equations are derived based on the lever analogy. With the above equations, the simulations are performed for the powertrain of output split type plug-in hybrid electric vehicle. From the simulation results, it is found that the output torques of EV1 and series modes are larger than the EV2 and power split modes' ones. It means the EV1 and series modes can be used for the rapid acceleration. But the EV1 and series modes can be used only the velocity of under the 120 km/h. It is because the motor reaches its maximum speed when the velocity is over the 120 km/h for the EV1 and series modes. When the engine is turned on, the engine power is transmitted through the two motors. But, the power split mode shows the power split of engine at the output shaft, and it has the point of zero motor power. Thus, the transmission efficiency of the power split mode can be higher than the series mode's one, it the motor efficiency is considered.

• 전력전자학회논문지
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• 제27권6호
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• pp.471-480
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• 2022

Inductive power transfer (IPT) is an attractive power transmission solution that is already used in many applications. In the IPT system, optimal coil design is essential to achieve high power efficiency, but the effective design method is yet to be investigated. The inductance formula and finite element method (FEM) are popular means to link the coil geometric parameters and circuit parameters; however, the former lacks generality and accuracy, and the latter consumes much computation time. This study proposes a novel coil design method to achieve speed and generality without much loss of accuracy. By introducing one-turn permeance simulation in each FEM phase combined with curve fitting and optimization by MATLAB in the efficiency calculation phase, the iteration number of FEM can be considerably reduced, and the generality can be retained. The proposed method is verified through a 100 W IPT system experiment.