Along This paper deals with research on firearm barrel processing and aims to improve firearm performance, accuracy, and machinability. The barrel is one of the key parts of a firearm and has a direct impact on shaping the trajectory of ammunition. In particular, durability and reliability are required due to the enormous heat generated as the bullet passes through. In this study, experiments were conducted under the processing conditions used in barrel processing to identify and analyze the characteristics. Various technologies and methods were investigated and analyzed. To achieve this, the cutting force generated during conventional barrel processing was measured to determine the level of stress on the material. In addition, we determined the suitability of tools and cutting conditions used in metal processing to identify conditions that can maximize productivity. This paper is expected to contribute to improving firearm performance by suggesting a plan to optimize processing conditions to the firearms manufacturing industry. Additionally, it can be used as a reference for barrel processing by other researchers.

Along with the development of the automobile industry, the materials and processing technology of parts have also developed. In particular, various materials have been developed and applied to automobile bumpers, which are directly related to crash safety. In particular, the application of composite materials is expanding for weight reduction. In this study, a new composite material made of a mixture of carbon fiber and aramid fiber was developed and the possibility of application to an automobile bumper was reviewed, and significant results were obtained.

콩 [Glycine max (L.) Merr.]은 단백질, 지방, 탄수화물의 3대 영양소와 다양한 기능성 성분의 주요 공급원이다. 녹색종피와 자엽을 가진 콩 품종은 눈건강에 유익한 루테인 성분을 많이 함유하고 있지만, 항영양성분으로 알려진 쿠니츠트립신인히비터 단백질, 렉틴 단백질 및 P34 단백질을 가지고 있어 품질과 기능성을 저하시킨다. 이러한 성분이 유전적으로 제거된 품종의 육성이 필요하다. 녹색종피와 자엽을 가지고 있지만, 쿠니츠트립 신인히비터, 렉틴, P34의 3가지 단백질이 모두 없는 triple null 유전자형을 가진 콩 계통을 육성하기 위하여 본 연구가 진행되었다. 4개의 유전자원 (Gaechuck#2, PI548392, PI567476, Seonyack)을 이용하여 창성된 두 모본의 교배로 육종집단이 창성되었다. Western blot 기술을 이용하여 쿠니츠트립신인히비터, 렉틴 및 P34 단백질의 존재여부를 확인하였다. 녹색종피 및 자엽과 쿠니츠트립신인히비터, 렉틴, P34의 3가지 단백질이 모두 없는 triple null 유전자형 (titilelep34p34)을 가진 6개의 F2 종자가 선발되었다. F2 식물체 세대와 농업형질 평가를 통하여 한 개의 계통이 선발되었으며 F4 종자에서 3가지 단백질에 대한 유전적 고정을 확인하였다. 선발 계통의 경장은 73 cm 정도였으며 백립중은 19.5 g으로 중립에 속하였고 종피색은 녹색이고 제색은 검정색이며 성숙 자엽색은 녹색이었다. 본 연구를 통하여 선발된 계통은 성숙 콩 종실에서 품질과 기능성을 저하시키는 쿠니츠트립신인히비터, 렉틴, P34의 3가지 단백질이 모두 없으며 녹색종피와 자엽을 가진 유색콩 품종 육성을 위한 재료로 이용될 수 있을 것으로 사료되었다.

In the automotive industry, the platinum titanium anodes (Pt/Ti anode) play a significant role in electroplating of chromium coating on the vehicle’s shock absorber piston rod. In this paper, the structure of Pt/Ti anode was designed to obtain high quality and save time for the electroplating process. The structure of anode was designed in 2D & 3D modeling and analyzed by CATIA and ABAQUS program, respectively. The structural modeling of the anode was analyzed and carried out using a finite element method (FEM) by applied various loads. The manufacture anodes were installed in an electroplating bath in order to test the efficiency of chromium coating on shock absorber piston rod and safety of anode structure. The results presented indicate that the structural analysis is safe after applied loads due to the allowable stress is higher than the maximum equivalent stress about 4 times, and the chromium coating test obtained high-efficiency results.

The Carbon Fiber Reinforced Plastic(CFRP) is used in many industrial areas owing to its excellent specific strength. In order to be utilized for machine parts, it is needed to have the hole drilling machining that presents the excellent surface. For the excellent hole machining of CFRP, this study evaluated the cutting force and remaining burr in accordance with changes in temperature by cooling down the temperature of the machining part. It could be used for other machining of composite materials produced by laminating fabric.

본 연구의 목적은 직물형 스트레인게이지 센서의 종류와 측정 위치가 호흡 신호 검출 성능에 미치는 영향을 연구 하는 것이다. 본 연구에서는 호흡 신호 측정을 위하여 두 가지 종류의 센서를 구현하고 이를 밴드에 부착하여 호흡 신호를 검출하였다. 20대의 건강한 남성 8명을 대상으로 호흡 측정 밴드 2종을 순차적으로 피험자에게 착용하도록 하였다. 피험자가 편안하게 서 있는 상태에서 분당 15회의 호흡을 동기화시켰다. 30초 동안의 호흡 신호를 측정하고 10초간 휴식을 취하도록 한 후 다시 30초 동안의 호흡 신호를 반복 측정하였다. 측정 위치는 흉부와 복부에서 각각 측정하였다. 또한 동작 상태에서의 호흡 측정 성능을 검증하기 위하여 피험자를 80SPM의 속도로 제자리에서 걷게 하고 이 때의 호흡 신호를 동일한 실험 방법으로 측정하였다. 한편 참조 신호를 획득하기 위해 ‘BIOPAC Systems, Inc.’의 SS5LB를 착용하게 한 후 동시에 측정하였다. 센서의 종류, 측정 위치, 동작 상태의 총 8개 조합의 집단 간 측정 성능의 차이를 검증하기 위해서 SPSS 24.0을 사용하여 Kruskal-Wallis test와 Bonferroni 사후검정을 실행하였다. 또한 센서 종류, 측정 위치, 동작 상태에 따라 각각 차이가 있는지를 분석하기 위해 Wilcoxon test를 실시하였다. 분석 결과 동작 상태와 관계없이 CNT기반의 직물센서를 통해 흉부에서 호흡 신호를 측정 했을 때 호흡 신호 검출 성능이 가장 우수한 것으로 나타났다. 본 연구의 결과를 기반으로 향후에는 야외 환경에서 또는 일상 활동 중에도 동작에 방해 없이 다양한 생체신호를 실시간으로 모니터링 할 수 있는 가슴벨트형 웨어러블 플랫폼을 개발하고자 한다.

The ship steering is a very important factor for safe operation. Recently, the ship is controlled in a space other than the wheelhouse through the wired controller. However, there has been a continuing need to improve the inconvenience of wired systems. In this study, a system to control the steering angle and throttle of ship by RF communication method was developed and applied to actual ship. Since the reliability is secured through the safety evaluation, the wireless steering system improves the convenience and economic efficiency of ship steering.

본 연구의 목적은 스마트 헬스케어를 위해 접촉식 직물전극의 구조가 심장활동 신호 획득에 미치는 영향을 연구하는 것이다. 본 연구에서는 심장활동 신호 측정을 위하여 전극의 크기와 구성방식을 조작한 6종의 접촉식 직물전극을 컴퓨터 자수 방식으로 구현하였고, 이를 가슴밴드에 부착하여 응용형 리드 II(modified Lead II) 방식으로 심장활동 신호를 검출하였다. 건강한 신체의 남성 4명을 대상으로 서서 정지한 자세에서 각 직물전극을 사용하여 심장활동 신호를 검출하였으며, 모든 유형의 전극에 걸쳐 4회씩 반복측정 하였다. 심장활동 신호의 수집을 위해 BIOPAC ECG100 장비를 사용하여 1 ㎑로 샘플링하였으며, 검출된 원 신호를 대역통과 필터를 사용하여 필터링하였다. 직물전극의 구조에 따른 심장활동 신호 획득의 성능을 비교하기 위하여 신호의 파형과 크기를 파라미터로 하여 정성적 분석을 실시하였고, 각 전극을 통하여 획득된 심장활동 신호의 SPR(signal power ratio)을 산출함으로써 정량적 분석을 실시하였다. 산출된 SPR 값을 대상으로 하여 비모수 통계분석 방식의 차이검정과 사후검정을 실시함으로써 6개 전극의 구조에 따른 심장활동 신호 획득의 성능 차이를 구체적으로 분석하였다. 연구 결과 접촉식 직물전극의 구조에 따라 심장활동 신호의 품질에는 정성적, 정량적 측면에 걸쳐 모두 주요한 차이가 있는 것이 고찰되었다. 접촉식 직물전극의 구성 측면에 있어서는 입체전극이 평면전극에 비해 더 우수한 품질의 신호가 검출되는 것으로 나타났다. 한편 3가지 전극 크기에 따른 심장활동 신호 획득의 유의한 성능 차이는 발견되지 않았다. 이러한 결과는 심장활동 신호 획득을 위한 접촉식 직물전극 구조의 두 가지 요건 중 구성방식(평면/입체)이 웨어러블 헬스케어를 위한 심장활동 신호 획득의 성능에 주요한 영향을 미치는 것을 시사한다. 본 연구 결과를 기반으로 후속 연구에서는 직물전극이 일체형으로 통합된 의복형 플랫폼을 구현하고 성능 고도화 방안을 연구함으로써, 시공간의 제약 없이 고품질의 심장활동 모니터링이 가능한 스마트 의류 기술을 개발하고자 한다.

본 연구는 시·청각 피드백을 통해 아동의 운동 효과를 증진시킬 수 있는 의류형 웨어러블 동작 센싱 및 피드백 시스템을 개발하는 것을 목적으로 한다. 본 연구에서는 직물 센서 제조 및 이를 적용한 스포츠웨어 디자인, 직물 기반 동작 센싱 모듈 설계, 아동의 운동 흥미 유발을 위한 시·청각 피드백 시스템 개발 등의 일련의 연구를 수행하였다. SWCNT 기반의 동작 센싱용 신축성 직물 센서를 개발하고, 이를 의복의 사지 관절 부위에 부착한 스포츠웨어를 디자인하였으며, 센싱 모듈을 설계하여 아동을 대상으로 한 관절 동작 실험을 통해 센싱 성능을 검증하였다. 또한 악세서리 형태로 개발된 피드백 제품을 통해 본 연구에서 개발된 스포츠웨어를 착용한 아동의 동작에 따라 빛과 소리로 반응하도록 구현하였다. 본 연구의 결과로, 아동의 운동 흥미를 유발할 수 있는 아동용 스포츠웨어 및 악세서리 제품의 디자인 프로토타입을 제안하였다.

As product diversity increases and product life cycle gets shorter, lead time reduction and manufacturing cost saving of die & mold are getting important in machinery, automotive, and electronics industries. To develop a novel free-machining die & mold steel, we try to modify the chemical compositions of AISI P20 mold steel by adding boron, nitride, and sulfur. After making three types of mold steels which are base metal of AISI P20 mod., boron and nitrogen added, and boron, nitrogen, and sulfur added to the base metal. Milling tests are carried out using TiN, TiCN, and TiAlN coated WC end-mills under various cutting conditions. Boron and nitrogen added steel machined by TiN coated tool shows the most excellent tool wear and surface roughness characteristics. The results might come from BN inclusions in base metal acting as a stress concentration source and lowering strain resistance during cutting process. The relationship between tool wear and surface roughness are also discussed including feed rate effects.

Colorectal cancer is the third most commonly diagnosed cancer in the world, nearly all patients diagnosed with this cancer die from it. Antibodies are glycoprotein molecules, which can efficiently recognize and eliminate specific pathogenic and disease antigens. Antibody researches for the last several decades have demonstrated the potential of therapeutic antibodies to fight cancer. Monoclonal antibody (mAb) CO17-1A recognizes the tumor-associated antigen GA733-2, a cell surface glycoprotein highly expressed in colorectal carcinoma cell, which is applicable for preventing and curing colorectal cancer. We have currently established baculovirus insect cell expression system to produce anti-colorectal cancer mAb CO17-1A. In this study, mAb CO17-1A was expressed in the transgenic insect cell line SWT4, which has humanized glycosylation processing pathway. Immunoblot confirmed that mAb CO17-1A properly expressed in SWT4. mAb CO17-1A was purified using protein G affinity column. In addition, Maldi-TOF verified that the mAb fused to KDEL, ER retention signal had high mannose type of glycan structure whereas the mAb without KDEL had partially humanized glycan structure. These results suggest that the insect cell expression system with the SWT4 possibly can be used as a useful alternative way to produce full-size mAb with humanized glycan structures for cancer immunotherapy.

본 연구는 호남 서남부지역 산림습지의 합리적인 관리와 보전방안으로 활용할 수 있는 기초자료를 제공하고자 수행하였다. 호남 서남부지역 산림습지를 국가습지유형분류체계를 기준으로 분류한 결과 4개의 유형으로 구분되었고, 산림습지에서 출현한 종은 76과 159속 192종 23변종으로 총 216종류였으며, 묵논습지에서 가장 많은 종이 분포하였고, 산지경사습지, 산지계곡습지, 산성습원 순이었다. 식생층위별 중요치 분석 결과, 교목층에서는 곰솔과 버드나무, 리기다소나무, 아교목층에서는 졸참나무와 때죽나무, 산검양옻나무, 관목층에서는 졸참나무와 수리딸기, 오리나무의 순으로 중요치가 높았다. 초본층에서는 진퍼리새의 중요치가 가장 높게 나타났다. 종 다양도 분석 결과, 유사도지수는 산지경사습지와 묵논습지가 가장 높았고, 산지계곡습지와 산성습원 간에 가장 이질적인 종 구성을 보였다.

본 논문에서는 ATMEGA128칩을 사용하여 소형 2족 보행로봇의 제어기를 설계 및 구현하였다. 로봇 제 어기는 빠른 연산속도 및 안정된 보행상태를 유지하기 위해 다양한 센서가 필요하다. 본 논문에서는 관절의 구동부로 22개의 RC서보모터를 사용한 소형 2족 보행로봇의 제어기 구조를 제안하고 설계 구현하였다. ATMEGA128칩을 이용하여 각각의 서보모터를 제어하고 호스트컴퓨터와 블루투스통신을 통한 실시간 제어가 가능하도록 설계하였다. 또한 음성인식칩을 사용하여 인간의 명령을 로봇에 전달할 수 있도록 구현하였으며 다양한 실험을 통하여 제안된 2족 로봇제어기의 성능을 고찰하였다.

For the deep geological repository, engineering barrier system (EBS) is installed to restrict a release of radionuclide, groundwater infiltration, and unintentional human intrusion. Bentonite, mainly used as buffer and backfill materials, is composed of smectite and accessory minerals (e.g. salts, silica). During the post-closure phase, accessory minerals of bentonite may be redistributed through dissolution and precipitation due to thermal-hydraulic gradient formed by decay heat of spent nuclear fuel and groundwater inflow. It should be considered important since this cause canister corrosion and bentonite cementation, which consequently affect a performance of EBS. Accordingly, in this study, we first reviewed the analyses for the phenomenon carried out as part of construction permit and/or operating license applications in Sweden and Finland, and then summarized the prerequisite necessary to apply to the domestic disposal facility in the future. In previous studies in Sweden (SKB) and Finland (POSIVA), the accessory mineral alteration for the post-closure period was evaluated using TOUGHREACT, a kind of thermal-hydro-geochemical code. As a result of both analyses, it was found that anhydrite and calcite were precipitated at the canister surface, but the amount of calcite precipitate was insignificant. In addition, it was observed that precipitate of silica was negligible in POSIVA and there was a change in bentonite porosity due to precipitation of salts in SKB. Under the deep disposal conditions, the alteration of accessory minerals may have a meaningful influence on performance of the canister and buffer. However, for the backfill and closure, this is expected to be insignificant in that the thermal-hydraulic gradient inducing the alteration is low. As a result, for the performance assessment of domestic disposal facility, it is confirmed that a study on the alteration of accessory minerals in buffer bentonite is first required. However, in the study, the following data should reflect the domestic-specific characteristics: (a) detailed geometry of canister and buffer, (b) thermal and physical properties of canister, bentonite and host-rock in the disposal site, (c) geochemical parameters of bentonite, (d) initial composition of minerals and porewater in bentonite, (e) groundwater composition, and (f) decay heat of spent nuclear fuel in canister. It is presumed that insights from case studies for the accessory mineral alteration could be directly applied to the design and performance assessment of EBS, provided that input data specific to the domestic disposal facility is prepared for the assessment required.

A variety of microorganisms are contained in the groundwater and surrounding environment at the depth of a deep geological repository, and could adversely affect the integrity and/or safety of the facility under certain thermal, hydraulic and chemical conditions. In particular, microbial activity (in the buffer and backfill) around the canister can cause corrosion of the canister through sulfide production by sulfate-reducing bacteria (SRB), and subsequently promote radionuclide release through the corroded part. Namely, this phenomenon is important in a perspective of performance assessment since it will have an impact on the post-closure exposure dose in the biosphere by accelerating radionuclide leakage into the near-field due to deterioration of the canister integrity In Finland, the performance assessment on microbial activity in buffer, backfill, and plug was performed for the licensing. However, in Korea, researches relevant to microbial activity are only in the early stage as of now. Accordingly, in this study, we draw initial considerations for the performance assessment on the phenomenon in the domestic facility based on review results for the methodology carried out as part of operating license application (i.e. SC-OLA). Studies on the performance assessment of microbial activity in Finland were mainly performed: (a) to investigate complex interactions among microorganisms in the repository by analyzing both indigenous and exogenous microorganisms through drilling, geological and geochemical analysis, (b) to identify microbial interactions at the buffer, backfill, and host rock interface for specific microorganisms that may affect activity of other microorganisms and integrity of the repository, (c) to analyze canister corrosion caused by microbial activity, particularly sulfide production by SRB, and (d) to characterize microbial illitization of montmorillonite that could affect permeability, hydraulic conductivity, and structural integrity of the repository. From reviewing studies above, it is judged that studies labelled as (b) through (d) are applicable to the performance assessment of microbial activity for the domestic facility regardless of specific conditions in Korea. However, for study labelled as (a), the following data on reflecting domestic conditions should be additionally obtained: (1) radionuclide inventory and temperature in spent nuclear fuel, (2) swelling pressure and organic carbon content of bentonite, and (3) size, shape, and gas composition of pores in bentonite. Results of this study could be directly applied to the design and performance assessment for buffer and backfill components, provided that input data specific to the domestic disposal facility is prepared for the assessment required.

Bentonite, a material mainly used in buffer and backfill of the engineering barrier system (EBS) that makes up the deep geological repository, is a porous material, thus porewater could be contained in it. The porewater components will be changed through ‘water exchange’ with groundwater as time passes after emplacement of subsystems containing bentonite in the repository. ‘Water exchange’ is a phenomenon in which porewater and groundwater components are exchanged in the process of groundwater inflow into bentonite, which affects swelling property and radionuclide sorption of bentonite. Therefore, it is necessary to assess conformity with the performance target and safety function for bentonite. Accordingly, we reviewed how to handle the ‘water exchange’ phenomenon in the performance assessment conducted as part of the operating license application for the deep geological repository in Finland, and suggested studies and/or data required for the performance assessment of the domestic disposal facility on the basis of the results. In the previous assessment in Finland, after dividing the disposal site into a number of areas, reference and bounding groundwaters were defined considering various parameters by depth and climate change (i.e. phase). Subsequently, after defining reference and bounding porewaters in consideration of water exchange with porewater for each groundwater type, the swelling and radionuclides sorption of bentonite were assessed through analyzing components of the reference porewater. From the Finnish case, it is confirmed that the following are important from the perspective of water exchange: (a) definition of reference porewater, and (b) variations in cation concentration and cation exchange capacity (CEC) in porewater. For applying items above to the domestic disposal facility, the site-specific parameters should be reflected for the following: structure of the bedrock, groundwater composition, and initial components of bentonite selected. In addition, studies on the following should be required for identifying properties of the domestic disposal site: (1) variations in groundwater composition by subsurface depth, (2) variations in groundwater properties by time frame, and (3) investigation on the bedrock structure, and (4) survey on initial composition of porewater in selected bentonite The results of this study are presumed to be directly applied to the design and performance assessment for buffer and backfill materials, which are important components that make up the domestic disposal facility, given the site-specific data.

In buffer, a main component of engineering barrier system (EBS) in the deep geological repository, mass loss is mainly caused by upheave and mechanical erosion. The former is a phenomenon that bentonite in the upper part of the buffer moves to the backfill region due to groundwater intake and swelling. And, the latter is a phenomenon that bentonite on the surface of the buffer moves to the backfill region due to groundwater flow at the interface with host rock as the buffer saturates. Buffer mass loss adversely affects the fulfilment of the safety function of the buffer that is to limit and retard radionuclide release in the event of canister failure. Accordingly, in this paper, we reviewed how to consider this phenomenon in the performance assessment for the operating license application in Finland, and tentatively summarized data required to conduct the analysis for the domestic facility based on the review results. Regarding buffer mass loss, the previous studies carried out in Finland are categorized as follows: 1) experiment on the amount of buffer upheave with groundwater inflow rate (before backfilling), 2) analysis for the amount of buffer upheave with groundwater inflow rate (after backfilling), 3) analysis of buffer erosion rate with groundwater inflow rate, 4) analysis for distribution of the groundwater inflow rate into the buffer for all deposition holes (using ConnectFlow modeling results), and 5) analysis of buffer mass loss with groundwater salinity. Finally, the buffer mass loss distribution table was derived from the results of 1) through 3) by combining with that of 4). Given these studies, the following will be required for the performance assessment for buffer mass loss in the domestic disposal facility: a) distribution table of buffer mass loss for combined interactions taking into account effect of 5) (i.e. 1), 2), 3), and 5) + 4)), and b) Threshold for buffer mass loss starting to negatively affect the fulfilment of the safety function of the buffer. Even though it is judged that the results of this study could be directly applied to developing the design concept of EBS and to conducting the performance assessment in the domestic disposal facility, it is essential to prepare a set of input data reflecting the site-specific design features (e.g. dimension, material used, site, etc.), which include saturation time and groundwater salinity.

In the deep geological repository, a considerable quantity of cementitious materials is generally used for structural stability of subcomponents such as grout and concrete plug of disposition tunnel. Strong alkaline leachates (pH>13) are produced after cement is dissolved by groundwater inflow from bedrock. When the leachates are transported to bentonite porewater (e.g. buffer and backfill) and thereby water exchange occurs, the physical properties of bentonite such as swelling capacity and hydraulic conductivity are changed, which eventually affects the safety function and long-term stability of engineered barrier system (EBS). Thus, in this paper, we reviewed the performance assessment methodology for cement-bentonite interaction in the operating license application for the Finnish deep geological repository, and suggested what to prepare for the analysis on the domestic disposal facility. In Finland, thermal-hydraulic-chemical analysis for dissolution of montmorillonite by alkaline leachates resulting from cement degradation during the saturation of bentonite was carried out using PRECIP code. From this analysis, it was confirmed that effect on pH was considered to be more significant than that on temperature and bentonite saturation. As a result of this analysis, it was predicted that all primary minerals (including montmorillonite, quartz, and calcite) were dissolved and some secondary minerals (e.g. chalcedony and celadonite) was precipitated by alkaline cement leachates transported to the bentonite. In addition, it was shown that silica was preferentially released while the montmorillonite was dissolved, thus cementation of the bentonite was occurred. Through this phenomenon, the swelling capacity of bentonite is reduced and the hydraulic conductivity of bentonite is increased, which have a significant impact on the performance of the buffer and backfill. Considering this, study on spreading of alkaline leachates, which is a condition for dissolution of montmorillonite, is necessary for the performance assessment of the domestic deep geological repository. However, this requires the site-specific data for the following in the disposal site: (a) distribution in fractured bedrock and pore structure (e.g. porosity, pore size distribution and pore morphology) in the bedrock, (b) hydraulic gradient and salinity concentration of groundwater, and (c) flux and velocity of groundwater. Results of this study is considered to be directly utilized to the conceptual design and performance assessment of the deep geological repository in Korea, provided that additional data on microbiological properties of groundwater are obtained for the site selected.

일본에서는 2000년 고준위방사성폐기물의 심층처분을 위한「특정방사성폐기물의 최종 처분에 관한 법률」을 제정하고 부지선정을 착수하였으나, 부지선정 절차에 참여를 원하는 지자체가 존재하지 않았다. 따라서, 일본 정부는 2015년 문헌조사 단계에 새로운 부지선정을 절차를 개발하고, 지자체의 공모를 촉진하고자 2017년 6월 28일 심층처분을 위한 전국규모 과학적 특성 지도를 발간하였다. 이 지도는 심층처분장 초기 혹은 개념단계에 고려되는 요건 및 기준 등을 제공하고 심층처분을 위한 적합성을 분석함으로써, 공공의 이해도 증진과 지자체와의 의견교환 등을 위해서 유용하게 활용되고 있다.

This paper examines how corporate social responsibility is related to the degree of asymmetric information in the Korean financial market. Recent theory argues that there is a negative relationship between a firm’s corporate social responsibility and its information asymmetry. To test this hypothesis, we use the environment, social and governance (ESG) score, published by the Korean Corporate Governance Service, to proxy a firm’s management practices toward socially responsible activities. In the entire sample of the Korean firms, we find contrasting results; the ESG score shows negative relationships with the price impact measure but statistically insignificant relationships with the dispersion of analyst forecasts. However, the ESG score shows negative relationships with both measures when we exclude chaebol affiliates from the sample. These findings are robust when we examine environmental, social and corporate governance scores separately. This set of results argues for the extant theory, expecting a negative relationship between a firm’s engagement in corporate social responsibility and asymmetric information. It further argues for the importance of firm characteristics in determining the influence of socially responsible activities.