• Journal of the Korean Society of Safety
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• v.30 no.5
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• pp.123-130
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• 2015

Wolsong Unit 2,3&4 has been performing a containment integrity test during power operation. This test could impact to the safe operation during test. If an accident occurs during pressure dropping phase, reactor trip can be delayed because of the increased pressure difference which causes a time delay to reach the trip set-point. On the contrary, if an accident occurs during pressure increasing phase, reactor trip could be accelerated because the pressure difference to the trip set-point decrease. Point Lepreau nuclear power plant, which installed GCLMS (Gross Containment Leakage Monitoring System) in 1990, has discontinued the test since 1992 due to these adverse effects. Therefore, we evaluated the risk to obviate the GCLMS test based on PWR's ILRT (Integrated Leak Rate Test) extension methodologies. The results demonstrate that risk increase rate is not high in case of performing only ILRT test at every 5 years instead of doing GCLMS test at every 1.5 years. In addition, the result shows that GCLMS test can be removed on a risk-informed perspective since risk increasement is in acceptable area of regulatory acceptance criteria.

• Journal of Distribution Science
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• v.17 no.4
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• pp.33-39
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• 2019

Purpose - This paper examines whether product market competition in distribution and service industries is related to audit quality. This paper investigates, specifically, the relationship in distribution and service industries by using Herfindahl-Hirschman Index and audit quality measured by audit fee and audit hour. Research design, data, and methodology - Using 1,011 firm-year observations of listed companies from 2002 to 2016 in distribution and service industries, this study examines whether product market competition in distribution and service industries is related to audit quality. Results - This study finds that market competition in distribution and service industries is negatively related to audit quality and this negative relation is pronounced for the firms with high outside director groups. Further analysis suggests that the relationship between market competition and audit hours is no longer significant. Conclusions - This study extended the existing scope of the audit quality study by systematically analyzing the impact of industrial-level characteristics (i.e. market competition) in the distribution service industries on audit quality. This study, in other words, suggests the regulatory body consider the industrial-level characteristics of each industry in order to enhance audit quality.

• Journal of the Korea Safety Management & Science
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• v.16 no.2
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• pp.19-29
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• 2014

Korean societal concern for the train accidents is fast and widely increasing with an ever-increasing demand and use for KTX. Most of these train accidents are inclined to be caused by human error. Experts used to attribute the causes of human error to the defects in various aspects such as technology, organizational system, practices, corporate culture, and/or human resource itself. Among the diverse causes of human error, an important one, even though it was rarely focused, may be the issue of impact of rule or procedure change on human error. Giving attention to the implicit importance of this issue, this study intends to highlight the theme of frequent procedure change in railway driving manual as a critical factor of human error. To attain this purpose mentioned above, dual methodologies were adopted. One is to qualitatively analyze the real cases of procedure change in relevant manuals followed by the incident case(passing the station scheduled to stop) happened lately. Another is to quantitatively perform statistical analysis based on questionnaires received from 224 train drivers. Results show that frequent changes in internal affairs procedure is or may be an important factor causing stress and human error from train drivers.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.5
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• pp.325-334
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• 2021

This study aims to investigate whether economic growth is elevated by banking industry development in Jordan. The study adopts time-series econometric methodologies, which comprise the bounds testing approach within the autoregressive distributed lag (ARDL) and the conditional causality analysis. Consistent with the assumptions of the adopted methodology, the study utilized annual time-series data for a relatively long period of thirty-nine years, between 1980 and 2018. The empirical results show that Jordan's economic growth is strongly responsive in respect to any changes in banking industry development. Also, the results reveal the harmful impact of rising lending interest rate; as this rate increases, economic growth will decrease. The findings are in line with the conceptual arguments of the supply-leading hypothesis, which confirmed that banking development is considered as one of the main pillars that have stimulating effects on economic growth. The evidence of the current study may provide important implications for policymakers and bankers. Those professionals should work to maintain a stable regulatory system that enhances the banking system function in activating economic growth. Also, a considerable focus should be placed on designing a steady interest rate policy to avoid the inherently undesirable impacts of high-interest rates on the Jordanian economy.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.4
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• pp.21-32
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• 2021

This paper aims to investigate the relationship between country-level institutional quality and public debt in the context of Pakistan. The hypotheses of this study were assessed by using the country-level institutional quality data for Pakistan throughout the years from 1996 to 2018. Data came from the World Databank, IMF and Worldwide Governance Indicators databases. For the analysis, ordinary least square, quantile regression and robust regression were employed to assess the factors influencing the public debt. The results of this study indicate that the factors of voice and accountability, regulatory quality, and control of corruption have a positive and significant relationship with public debt, while political stability, government effectiveness, and the rule of law have a negative and significant effect on public debt. Based on the findings, a weak country-level institutional quality poses a substantial market risk as it signals the existence of an unfavorable economic condition that raises public debt. It was also revealed that an improved performance of country-level institutional quality can lead to the improvement of financial market transparency, hence reduce public debt. In contrast to previous studies, the present study will be breaking ground in enhancing public insight regarding the impact of country-level institutional quality on Pakistan's public debt.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.1101-1111
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• 2021

The current study aims to investigate the influence of different categories of ownership held by different types of board members on bank performance. The study uses a sample of Saudi listed banks for the period from 2011 to 2018. The results of the panel data analysis using firm fixed-effects regression model indicate that bank performance is significantly and positively affected by the chairman ownership and the CEO ownership. However, board independent members' ownership has a negative influence on bank performance. While non-executive board members' ownership and family board members have an insignificant impact on bank performance. Control variables, including board size, non-executive board members, government ownership, leverage, and bank size are significantly associated with bank performance. Overall, the results indicate that Saudi bank performance is higher in smaller banks that have smaller boards with lower non-executive members, lower portion of shares held by independent board members, higher portion of shares held by the chairman, CEO, and government, and higher leverage. The results of this study provide important implications for regulatory authorities and market participants in Saudi Arabia and countries with ownership concentration to understand the actual role of different categories of board ownership on firm performance in addition to optimize board ownership.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.34 no.3
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• pp.505-513
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• 2024

This study investigates how consumers perceive the collection of behavioral information through 'cookies' on OTT platforms and the impact it has on personalized services. Through SPSS analysis on 120 consumers, which was conducted to examine four hypotheses, correlations were found between awareness of OTT companies' behavioral information collection and online tracking recognition, awareness and willingness to provide cookies, and the extent of confirming behavioral information collection terms during registration and online tracking recognition. The study concludes that consumer knowledge about behavioral information significantly influences the importance and intention to use personalized services, highlighting the need for regulatory measures by both companies and government entities.

• Journal of the Korean Society for Aviation and Aeronautics
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• v.32 no.2
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• pp.37-47
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• 2024

This paper examines the unique transportation challenges posed by Nepal's diverse and rugged terrain, which significantly hampers socio-economic development due to its negative impact on infrastructure, trade, and accessibility. Despite ongoing efforts to enhance road and traditional air transport systems, Nepal's geographic and environmental conditions continue to obstruct efficient connectivity, particularly in rural and remote areas. This study proposes Advanced Air Mobility (AAM) as a transformative solution, leveraging recent technological advancements in unmanned aerial vehicles (UAVs) and electric vertical takeoff and landing (eVTOL) aircraft. By conducting a comprehensive analysis of Nepal's current transportation infrastructure and the feasibility of AAM implementation, the paper highlights the potential benefits of AAM, including improved accessibility, economic growth, and environmental sustainability. Furthermore, it addresses the anticipated challenges and regulatory considerations necessary for integrating AAM into Nepal's transportation network. Through a multidisciplinary approach, this research aims to contribute to the discourse on overcoming transportation barriers in mountainous regions, offering policy recommendations and identifying areas for future study to facilitate the adoption of AAM in Nepal and similar contexts worldwide.

• Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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• v.3 no.3
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• pp.231-236
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• 2005

HIC transport packaging to transport a high integrity container(HIC) containing dry spent resin generated from nuclear power plants is to comply with the regulatory requirements of Korea and IAEA for Type B packaging due to the high radioactivity of the content, and to maintain the structural integrity under normal and accident conditions. It must withstand 9 m free drop impact onto an unyielding surface and 1 m drop impact onto a mild steel bar in a position causing maximum damage. For the conceptual design of a cylindrical HIC transport package, three dimensional dynamic structural analysis to ensure that the integrity of the package is maintained under all credible loads for 9 m free drop and 1 m puncture conditions were carried out using ABAQUS code.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.40 no.10
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• pp.1879-1888
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• 2015

This paper evaluates the adjacent channel coexistence issues between LAA(License Assisted Access) system and other system (e.g. Wi-Fi) system in 5 GHz unlicensed spectrum. LAA is a technology to achieve enhanced data rate by aggregating licensed and unlicensed spectrum using CA(Carrier Aggregation). The coexistence study is essential before deploying LTE in unlicensed spectrum to verify the impact of LTE on the existing system such as Wi-Fi including system in throughput and regulatory aspects. This paper evaluates and analyzes the RF requirements of LTE system using interference analysis of coexistence study when operating at adjacent frequency channel of the Wi-Fi system in order to minimize the impact of LTE system into Wi-Fi system.