본 연구는 기업지배구조가 자본구조에 미치는 영향을 실증적으로 다루었다. 기존 연구는 자본구조는 자본조달과정에서 기업가치 극대화를 위한 레버리지의 정태적 변화에 대해서 주로 다루었다. 또한 기업지배구조에 따라 부채와 보유현금 및 자본지출과 같은 재무구성요소의 특성분석에 치중하였다. 본 연구에서는 이러한 재무구성요소의 특성을 기업지배구조에 따라 자본구조에 유의한 차가 있는지를 규명하고자 하였다. 이를 위해 사용된 기업지배구조는 기존 선행 연구에서 검증된 외국인보유율, 사외이사구성비율, 대주주보유율, 배당수익률의 시계열자료와 이들 변수들을 반영한 G-Index 지수를 사용하였다. 연구결과, 기업지배구조를 상하그룹으로 분리하여 자본구조에 대한 특성을 분석하였을 때, 기업지배구조에 따라 자본구조에 차이가 있다는 것으로 나타났다. 즉, 기업지배구조가 양호한 상위그룹은 상충이론(trade-off theory)에 부합하는 자본구조를 갖고, 기업지배구조가 열악한 하위그룹은 자본조달순위이론(pecking order theory)에 부합하는 자본구조를 갖는 것으로 나타났다.
The researches related to active control systems utilizing superelastic shape memory alloys (SMA) have been recently conducted to reduce critical damage due to lateral deformation after severe earthquakes. Although Superelastic SMAs undergo considerable inelastic deformation, they can return to original conditions without heat treatment only after stress removal. We can expect the mitigation of residual deformation owing to inherent recentering characteristics when these smart materials are installed at the part where large deformation is likely to occur. Therefore, the primary purpose of this research is to develop concentrically braced frames (CBFs) with superelastic SMA bracing systems and to evaluate the seismic performance of such frame structures. In order to investigate the inter-story drift response of CBF structures, 3- and 6-story buildings were design according to current design specifications, and then nonlinear time-history analyses were performed on numerical 2D frame models. Based on the numerical analysis results, it can be comparatively verified that the CBFs with superelastic SMA bracing systems have more structural advantages in terms of energy dissipation and recentering behavior than those with conventional steel bracing systems.
PURPOSES : Traffic accidents at intersections have been increased annually so that it is required to examine the causations to reduce the accidents. However, the current existing accident models were developed mainly with non-linear regression models such as Poisson methods. These non-linear regression methods lack to reveal complicated causations for traffic accidents, though they are right choices to study randomness and non-linearity of accidents. Therefore, to reveal the complicated causations of traffic accidents, this study used structural equation methods(SEM). METHODS : SEM used in this study is a statistical technique for estimating causal relations using a combination of statistical data and qualitative causal assumptions. SEM allow exploratory modeling, meaning they are suited to theory development. The method is tested against the obtained measurement data to determine how well the model fits the data. Among the strengths of SEM is the ability to construct latent variables: variables which are not measured directly, but are estimated in the model from several measured variables. This allows the modeler to explicitly capture the unreliability of measurement in the model, which allows the structural relations between latent variables to be accurately estimated. RESULTS : The study results showed that causal factors could be grouped into 3. Factor 1 includes traffic variables, and Factor 2 contains turning traffic variables. Factor 3 consists of other road element variables such as speed limits or signal cycles. CONCLUSIONS : Non-linear regression models can be used to develop accident predictions models. However, they lack to estimate causal factors, because they select only few significant variables to raise the accuracy of the model performance. Compared to the regressions, SEM has merits to estimate causal factors affecting accidents, because it allows the structural relations between latent variables. Therefore, this study used SEM to estimate causal factors affecting accident at urban signalized intersections.
PURPOSES : This study is to develop ISM for potential risk factor in School Zone. METHODS : Based on the literature review, the Analytic Hierarchy Process (AHP) has been used most widely. However, it is difficult to apply in practice because the AHP results have the characteristics of the independence between each element and the interlayer can not explain the interrelationship. The Network Analysis Process (ANP) is possible to analyze the relationship between the elements and the network through the feedback. But, the reliability of the analysis fall because of complicated pair of comparison, also it is difficult to solve the super matrix. In this study, the complicated relationship between each element is inquired through the Interpretive Structural Modeling (ISM). RESULTS : The methodology of ISM is developed to remove the children's potential risk factors in school zone. CONCLUSIONS : It is possible to remove the children's potential risk factors from low level to high level step by step and improve safety. Through this, risk factors can be removed from the low-level, and upper-level will automatically improve.
Nickel oxide was doped with a wide range of concentrations (mol%) of Aluminum (Al) by solvothermal synthesis;single-phased nano powder of nickel oxide was generated after calcination at 900oC. When the concentration of Al dopant wasincreased, the reduced intensity was confirmed through XRD analysis. Lattice parameters of the synthesized NiO powder weredecreased after treatment of the dopant; parameters were increased when the concentration of Al was over the doping limit(5mol% Al). The binding energy of Ni2+ was chemically shifted to Ni3+ by doping Al3+ ion, as confirmed by the XPS analysis.The tilted structure of the synthesized NiO with 5mol% Al dopant and the polycrystalline structure of the Ni0.75Al0.25O wereobserved by HR-TEM analysis. The electrical conductivity of the newly synthesized NiO was highly improved by Al dopingin the conductivity test. The electrical conductivity values of the commercial NiO and the synthesized NiO with 5mol% Aldopant (Ni0.95Al0.05O) were 1,400s/cm and 2,230s/cm at 750oC, respectively. However, the electrical conductivity of thesynthesized NiO with 10mol% Al dopant (Ni0.9Al0.1O) decreased due to the scattering of free-electrons caused by the largenumber of impurity atoms; the electrical conductivity of Ni0.9Al0.1O was 545s/cm at 750oC.
The properties of SOFC unit cells manufactured using the decalcomania method were investigated. SOFC unit cell manufacturing using the decalcomania method is a very simple process. In order to minimize the ohmic loss of flattened tube type anode supports of solid oxide fuel cells(SOFC), the cells were fabricated by producing an anode function layer, YSZ electrolyte, LSM electrode, etc., on the supports and laminating them. The influence of these materials on the power output characteristics was studied when laminating the components and laminating the anode function layer between the anode and the electrolyte to improve the output characteristics. Regarding the performance of the SOFC unit cell, the output was 246 mW/cm2 at a temperature of 800˚C in the case of not laminating the anode function layer; however, this value was improved by a factor of two to 574 mW/cm2 due to the decrease of the ohmic resistance and polarization resistance of the cell in the case of laminating the anode function layer. The outputs appeared to be as high as 574 and 246 mW/cm2 at a temperature of 800˚C in the case of using decalcomania paper when laminating the electrolyte layer using the in dip-coating method; however, the reason for this is that interfacial adhesion was improved due to the dense structure, which leads to a thin thickness of the electrolyte layer.
Recently, ultrafine grained (ufg, typically 100 > d > 500 nm) Ti-Fe eutectic materials have been highlighted due to their extraordinarily high strength and good abrasion resistance compared to conventional coarse grained (cg, d > 1μm) materials. However, these materials exhibit limited plastic strain and toughness during room temperature deformation due to highly localized shear strain. Several approaches have been extensively studied to overcome such drawbacks, such as the addition of minor elements (Sn, Nb, Co, etc.). In this paper, we have investigated the influence of the addition of Gd and Y contents (0.3-1.0 at.%) into the binary Ti-Fe eutectic alloy. Gd and Y are chosen due to their immiscibility with Ti. Microstructural investigation reveals that the Gd phase forms in the eutectic matrix and the Gd phase size increases with increasing Gd content. The improvement of the mechanical properties is possibly correlated to the precipitation hardening. On the other hand, in the case of Ti-Fe-Y alloys, with increasing Y contents, primary phases form and lamellar spacing increases compared to the case of the eutectic alloy. Investigation of the mechanical properties reveals that the plasticity of the Ti-Fe-Y alloys is gradually improved, without a reduction of strength. These results suggest that the enhancement of the mechanical properties is closely related to the formation of the primary phase.
Recently, the demand for the miniaturization of package substrates has been increasing. Technical innovation has occurred to move package substrate manufacturing steps into CMP applications. Electroplated copper filled trenches on the substrate need to be planarized for multi-level wires of less than 10μm. This paper introduces a chemical mechanical planarization (CMP) process as a new package substrate manufacturing step. The purpose of this study is to investigate the effect of surfactant on the dishing and erosion of Cu patterns with the lines and spaces of around 10/10μm used for advanced package substrates. The use of a conventional Cu slurry without surfactant led to problems, including severe erosion of 0.58μm in Cu patterns smaller than 4/6μm and deep dishing of 4.2μm in Cu patterns larger than 14/16μm. However, experimental results showed that the friction force during Cu CMP changed to lower value, and that dishing and erosion became smaller simultaneously as the surfactant concentration became higher. Finally, it was possible to realize more globally planarized Cu patterns with erosion ranges of 0.22μm to 0.35μm and dishing ranges of 0.37μm to 0.69μm by using 3 wt% concentration of surfactant.
The purpose of this study is to investigate the crystalline structure and optical properties of (GaZn)(NO) powders prepared by solid-state reaction between GaOOH and ZnO mixture under NH3 gas flow. While ammoniation of the GaOOH and ZnO mixture successfully produces the single phase of (GaZn)(NO) solid solution within a GaOOH rich composition of under 50 mol% of ZnO content, this process also produces a powder with coexisting (GaZn)(NO) and ZnO in a ZnO rich composition over 50 mol%. The GaOOH in the starting material was phase-transformed to α-, β-Ga2O3 in the NH3 environment; it was then reacted with ZnO to produce ZnGa2O4. Finally, the exchange reaction between nitrogen and oxygen atoms at the ZnGa2O4 powder surface forms a (GaZn)(NO) solid solution. Photoluminescence spectra from the (GaZn)(NO) solid solution consisted of oxygen-related red-emission bands and yellow-, green- and blue-emission bands from the Zn acceptor energy levels in the energy bandgap of the (GaZn)(NO) solid solutions.
We developed an age-based spawner-recruit model incorporating environmental variables to forecast stock biomass and recruits of pelagic fish in this study. We applied the model to the Tsushima stock of jack mackerel, which is shared by Korea and Japan. The stock biomass of jack mackerel (Trachurus japonicus) around Korean waters ranged from 141 thousand metric tons (mt) and 728 thousand mt and recruits ranged from 27 thousand mt to 283 thousand mt. We hind-casted the stock biomass to evaluate the model performance and robustness for the period of 1987~2009. It was found that the model has been useful to forecast stock biomass and recruits for the period of the lifespan of fish species. The model is also capable of forecasting the long-term period, assuming a certain climatic regime.