New Technology Venture and the Largest Shareholder in KOSDAQ Capital Market

Yeong-wha Sawng(송영화),Kheesu Bae(배기수) 한국국제회계학회 2018 국제회계연구 Vol.0 No.79

발행주식수 분포에 따라 기업지배구조가 결정되고 이러한 기업지배구조는 그 기업의 경영을 좌지우지 할 수 있기 때문이다. 자본시장에서 기업외부의 자금으로 조달되어 운영되는 기업경영은 지배구조에 의해 매우 많은 영향을 받는다. 특히 취약한 지배구조를 가진 기업은 기업사냥꾼의 먹잇감이 되어 희생이 되고 있다. 자본시장이 글로벌화되고 있음에 따라 국제자본시장에서의 기업사냥은 더욱 활기를 띠고 있다. 국제적 투기자본은 특히 지배구조가 취약한 벤처기업 등 초기 기업을 집중 공격하고 있다. 주요 경영의사결정에 있어서 최고 의사결정기구인 주주총회 의결방식에 주식소유권에 있음에 따라 주식소유분포에 따라 지배구조에 대한 막대한 영향을 받을 수 밖에 없다. 본 연구에서는 체계적인 기업 지배 구조 부재 또는 외부 이해 관계자로부터의 압력으로 벤처기업의 첫 번째로 높은 대주주 소유 구조에 따라 이익 관리가 바뀔 수 있는지를 분석하였다. 분석결과 본 연구에서는 벤처 기업의 최초의 최대 주주와 이익 관리 간의 관계가 지배구조 특성이나 두 번째로 큰 주주의 영향을 받지 않는다는 것을 발견했다. 이러한 연구결과로 볼 때 벤처기업 소유주의 주식 보유비율이 매우 크다는 것을 알 수 있다. 또한 두 번째로 높은 대주주의 주식 보유 비율이 첫 번째로 높은 주주의 주식 소유 비율보다 월등히 작기 때문이다. 결국 벤처기업의 현재 기업 소유 제도에는 회사의 경영에 대한 최초의 최대 주주의 영향력을 적절히 점검하고 모니터링 할 수 있는 부분이 없다는 것이다. 이러한 본 연구결과는 벤처 기업의 자본 시장투자 및 기업 지배 구조 개선에 대한 다양한 연구를 촉발 할 것으로 예상된다. This is because corporate governance is determined by the number of outstanding shares and corporate governance can control the management of the company. Corporate governance, which is funded and operated outside the enterprise in the capital market, is heavily influenced by governance. In particular, companies with weak governance are becoming a prey of corporate hunters and are sacrificed. As capital markets are becoming globalized, corporate hunting in international capital markets is becoming more active. International speculative capital is especially focused on early entrepreneurs such as venture companies with weak corporate governance. In the decision-making process of major management decisions, the decision-making process of the general shareholders" meeting, which is the highest decision-making body, is subject to the ownership of shares. This study sought to define whether governance characteristics and the second largest shareholder (“the second shareholder”) can influence the relationship between the first shareholder and the manager"s earnings management in a venture firm. The results of this study show that the relationship between the first largest shareholder and profit management of venture firms is not affected by the governance characteristics or the second largest shareholder. This study shows that the shareholding ratio of venture business owners is very high. In addition, the shareholding ratio of the second-largest shareholder is much smaller than that of the firstlargest shareholder. In the end, the current corporate ownership system of venture firms does not adequately check and monitor the influence of the first largest shareholder on the management of the company. The results of this study are expected to stimulate various researches on venture capital investment and improvement of corporate governance.

예비 유아 교사의 자아상태 유형에 관한 연구

박화윤,최인숙,천은영 한국영유아보육학회 2003 한국영유아보육학 Vol.0 No.34

The purpose of this study is to analyze the preservice teacher' ego state type and to provide basic data for personality education and teacher training. The subjects of this study were 234 students majoring in early childhood in 2 universities and 112 students majoring in early childhood in 2 colleges of Jeonbuk province. The instrument of this study were 「Ego gram Check list」that were developed by Dusay(1977). The results of this study were as follows : 1. As compared among the grade, all groups were showed that NP type was predominant position, and both A type and FC type were showed to be a significant difference. 2. As compared between university students and college students, two Groups were also showed that NP type was predominant position, and both A type and FC type were showed to be a significant difference.

디지털 컨버전스 신규사업의 성장과 고객 수용 : 위성DMB 사업 시장조사 결과의 시사점 Implications from Market Survey Result for Satellite DMB

송영화,이중만,한현수 정보통신정책학회 2005 정보통신정책연구 Vol.12 No.1

디지털 컨버전스 신규사업은 IT를 통한 경제 활성화에 기여도가 높은 분야이다. 이러한 분야의 신규 제품 및 서비스의 성공을 위한 수요 분석은 경영전략 수립에 핵심 요소이나 유사 사례가 희귀하고 성장 단계별로 고객 수용의 특성이 상이하여 그 예측에 많은 어려움이 있다. 이와 관련하여 본 논문에서는 학계와 산업계의 심층 분석을 위한 관련 이론과 위성DMB 사업의 고객 수용도 파악 시장 조사 결과를 체계적으로 제시하였다. 본 논문에서 정리된 내용은 전국의 소비자 1,000명에 대한 설문 결과를 바탕으로 하였으며 Bass의 기술확산 모형과 Rogers의 확산수용자모형을 이용하였다. 본 논문에서 제시된 위성DMB 수요예측, 성장단계 분석, 성장단계별 표적고객, 콘텐츠 성향, 단말기, 가격, 사업자 채택 요소 등의 시사점은 위성DMB 서비스 및 유사 디지털 컨버전스 사업의 정책 수립 및 고객관계전략 등 향후 연구에 유용성 있게 활용 될 수 있다. The importance of new business establishment in the area of digital convergence has been emphasized not just because of telecommunication firm's diversification, but for it's impact to national economy growth and technological innovation. Though market analysis for this new products and services are so critical to developing effective managerial strategy and policy making, the lack of similar experiences and dynamics of customer behavior makes it hard to correctly estimate them. In this paper, using the market survey data for satellite DMB services, we illustrate various findings analyzed with reference to Bass model, Innovation diffusion theory by Rogers, and so on. The findings include demand forecast, innovation diffusion pattern, customer characteristics, customer preferences such as contents, devices, service fees, and supplier selections. Data analysis results and theoretical illustrations presented in this paper have significant implications for further in-depth strategy researches and policy making for digital convergence related new businesses.

유아의 성격유형에 따른 놀이성에 관한 연구

박화윤,천은영 한국영유아보육학회 2004 한국영유아보육학 Vol.0 No.37

The purpose of this study is to examine personality types of young children and to determine if there is any relationship of the personality with the playfulness of young children's. For this purpose, personality tests were conducted to 5-year old Kindergarten children according to the Korean version of MMTIC. Their playfulness was also measured by Barnett's playfulness measuring instrument(1991). As a result, most children turned out to have intuitive, feeling and perceiving personalities as personality indicators. U-Band indicators were also revealed as a type of indecisive personality. In the difference of playfulness according to children's personality the preferred indicator of thinking-feeling type was found to be associated with psychological functional type of personality. A significant relationship was shown between the perceptive spontaneity and expression of joyfulness. These findings indicated that INFP and ENFP are dominant types of personality in 5-year old children, but the personality tended to be indecisive may continue to change and, thus, their playfulness shall be understood on the basis of functional types of personality.

일부 초등학생의 비만도에 따른 칼슘과 철의 섭취상태와 혈청 농도에 관한 연구

이화성,김은영,배윤정,승정자 숙명여자대학교 건강·생활과학연구소 2006 生活科學硏究誌 Vol.- No.22

The purpose of this study was to evaluate the nutrition status of calcium and iron in 116 elementary school students with different obesity index. Subjects were assigned to under weight, normal weight or over weight group according to the their obesity index. Their nutritional status, serum calcium and iron levels were evaluated based on 24-recall dietary recalls, anthropometric measurements and blood analysis. The mean height, weight, obesity index and blood pressure of total subjects were 150.4 cm, 45.5 kg, 5.8% and 118.2/76.8 mmHg. The mean % of body fat, SBP and WHR were higher while LBM and TBW were lower in over weight subject than those of other group. The iron intake of overweight was lower than that of underweight and normal subjects(p<0.05) and average calcium intakes were only 50% and 60% respectively of the RDA for Korean. Serum calcium and iron levels of a three groups were within the normal range. There were no significant differences in serum calcium and iron concentrations among three groups, however those of underweight group were a slightly lower than those of other two groups. There were significantly negative correlations between iron of intake and weight, obesity index, systolic pressure and body fat percent. Systolic blood pressure was negatively correlated to the intakes of energy, carbohydrate and protein. Energy intake was also negatively correlated to serum iron. To summarize the results, calcium and iron intakes should be supplied to elementary school students, especially those who were overweight. These indicated that overweight group had improper mineral nutrition status. Therefore, nutrition education and profound studies from many different focus for overweight groups are highly required.

電力系統의 故障解析 改善硏究

任化永 光云大學校 1984 論文集 Vol.13 No.-

This paper describes the capabilities and mathematical basis of an advanced fault analysis which is applicable to any combination of the unbalanced faults and even to multiful faults. Efficient computer implementation, which requires less computation storage and, with few exceptions, is much faster, is base on the optimally ordered triangular factorization of the sequence admittance matrices and efficient reduction to nodal impedance matrices. Proposed analysis methods are applied to numerous case study and verified their advantages.

배전 전압 조정장치의 최적 제어

임화영 光云大學校 1988 論文集 Vol.17 No.-

In this paper, optimal control scheme for multilevel control of voltage regulators on radial distribution feeders is developed for implementation by setting of fixed tap and under load tap changer. It is shown how time-varing voltage data obtained through measurements at the first and the last customer can be used for computation of optimal control scheme. The optimal control schemes involving fixed tap and line drop compensator are computed only with known voltage and load duration curves.

複合的商業스포츠施設의 利用實態와 運營實際上의 問題點과 課題 : 大邱市 地域을 中心으로

李來華,金永煥,申榮吉,李秀川,朴炫權 慶北大學校 體育科學硏究所 1991 체육과학연구지 Vol.7 No.-

In Conclusion, it is demanded that we throw away a fixed idea that commercial sports facilities are inferior and that we think its desirable direction of development and prepare a positive policy for it as a social physical education sports facility. We ought to not control it by using the laws of merrymaking businesses but consider the way to guide, assist, and encourage it at a dimension of Physical education development from seperate point of view as stated above. It Plays roles to replenish the shortage of public sports facilities especially in our country, So we first evaluate its roles to be being carried out and its performance limit properly and need to grasp newly the roles of public, private and commercial physical education and sports facilities in the whole organization of social physical education. While the national interests and demands in sports are being expended and accelerated nowadays, if commerical sports facilites are negleated in the contempt and indifference in the actual situation of these days, witout the reasonable conversion of conciousness of the people in the administration authorities about this or the propulsion of constrution of public facilities, the menbership free of menbers using facilities will inevitably soar, the approach of most general public enjoying sports to these facilities will be more difficults, and the alienated people from sports facilites may diffuse the conflict and stress caused by a remarkable contrast of the wealth of money by doing various kinds of antisocial and unadaptable behavior and by drinking too much enough to injure health. These make sports for participating and acting disappear and make sport for just hearing and Watching. This was happended severely in the past and it turns away the essence of soprts while the former is a conflict among castes caused by the superiority and inferiority of sports technics, but a phenomenon of these days is a conflict among castes caused by the distinction of the wealth of maney. This promotes the feelings of distance among people and misleads the vigor of living sports, the sports of our life.

대규모 전력계통의 주파수 제어를 위한 모델추종 적응제어계의 설계

임화영 光云大學校 1989 論文集 Vol.18 No.-

This paper deals with the design of the adaptive controllers using a model reference approach for large - scale power systems formed of an arbitrary interconnection of sub-systems with unknown parameters, nonlinearities, and bounded disturbances. In order to reduce the load and freduency deviations, new decentralized adaptive controllers are developed for stabilization and tracking the parameters. In the simulation studies of the decentralized adaptive control of a two-area interconnected power system, the effectiveness of the proposed adaptive is demonstrated.

정보통신시장 유무선 통합서비스 도입과 기업 대응전략

송영화,류완하,김갑식 한국정보시스템학회 2004 情報시스템硏究 Vol.13 No.1

Fixed-mobile convergence services can be defined as the combination of previously separate fixed and mobile services, and networks and commercial practices. Examples of fixed-mobile convergence services include single voice-mail box, single number and unified messaging across fixed and mobile networks. Recently as more voice is transferred to mobile networks, convergence services between fixed and mobile become more important. In Korea convergence services are only starting to become established, and are likely to become an important part of any operator's offering. In this paper, we search the different levels of fixed-mobile convergence services and the trends and regulations for fixed-mobile convergence services in major countries. And at the same time, we also suggest the corresponding Marketing strategies by operators related to fixed-mobile convergence services.