• Title/Summary/Keyword: Risk supervision

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The Effect of Construction Safety Supervision System on Risk Control and Reduction (건설안전감리제도가 위험제어 및 절감에 미치는 영향)

  • Lim, Jin-Sang;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.20 no.3
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    • pp.1-9
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    • 2018
  • This study is intended to look into the effect of construction safety supervision system on risk control and reduction. To achieve this, a survey was carried out to 114 companies in construction, ordering, contract and management. The overall findings were as follows. The effect of construction safety supervision system on risk control and reduction showed that factors of supervision system, supervision cost and supervision method had a positive effect on risk control and reduction. And their perception of the introduction of safety supervision system in construction sites according to process showed that there was a difference between them according to the field of ordering, contract and supervision. There was the biggest difference between owner and contractor in double supervision system, but no difference between them in the perception of risk reduction. These results show that all ordering, contract and supervision are positively needed for the introduction of construction safety supervision. This means that there is a difference between owner and contractor in the perception of process according to system operation. All companies agree to system improvement by the settlement of safety supervision system for the prevention of safety accidents and safe construction, but the systematic complement of safety supervision is the burden of contractor. And there is a big difference between owner and contractor in the perception of responsibility and concern for cost burden.

Effects of Protective and Risk Factors on Juvenile Delinquency and Aggression (청소년의 보호 요인과 위험 요인이 비행과 공격성에 미치는 영향)

  • Cho, Yoon Joo
    • Human Ecology Research
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    • v.52 no.5
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    • pp.495-507
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    • 2014
  • The purpose of this study was to explore the general tendencies of major variables and sex differences and to analyze the variables that affect delinquency and aggression. The protective factors considered in this study included parental education participation, parental supervision, and peer attachment, and the risk factors were academic stress and delinquency experiences of peers. The main results of this study are as follows: firstly, academic stress and parental education participation was slightly low, but parental supervision was high. Further, peer attachment showed a very high score. Delinquency experiences of peers, delinquency, and aggression of adolescents were extremely low. Secondly, the correlation of parental education participation, parental supervision, and peer attachment was negatively related to adolescent delinquency, but the delinquency experiences of peers were positively related to adolescent delinquency. The same results were obtained in the case of adolescent aggression. Further, academic stress was negatively related to adolescent aggression. Finally, hierarchical regression revealed that the variables explaining the juvenile delinquency were parental education participation, peer attachment, and delinquency experiences of peers. Adolescent aggression was explained by sex, academic stress, parental education participation, and the delinquency experiences of peers. In particular, more attention is needed for girls. Various interventions should be provided to prevent problem behaviors.

Construction Management Evaluation Model using Risk Index Modeling in Construction Phase (위험도 모델링을 이용한 시공단계의 감리업무 평가모델)

  • Ryu Jin-Young;Mo Yong-Woon;Kim Kyung-Rai
    • Korean Journal of Construction Engineering and Management
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    • v.1 no.3 s.3
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    • pp.89-100
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    • 2000
  • The purpose of this study is to maximize project efficiencies in construction management by analyzing hierarchical factors that effect in project supervision system, and consequently constructing managerial CSF(Critical Success Factors). For this study, the tools for evaluating operating and management abilities of site engineers are built from analyzing status and issues, deducing influence factors and rating cardinal scales of these factors from survey results. These evaluation tools are reflected to the construction supervision decision making process so that can improve project management effectiveness.

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Assessing the Contributions of Non-bank Financial Institutions (NBFI) and ELS Issuance to Systemic Risk in Korea

  • JONG SOO HONG
    • KDI Journal of Economic Policy
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    • v.46 no.1
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    • pp.21-51
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    • 2024
  • Since the Global Financial Crisis of 2008-2009, the importance of nonbank financial institutions in macroprudential management has increased significantly. Consequently, major countries and international financial institutions have been actively discussing and implementing macroprudential supervision and regulation for non-bank financial institutions (NBFI). In this context, this paper analyzes the systemic risk of both banks and non-bank sectors (securities firms and insurance companies) in South Korea over different time periods. Using the widely recognized ΔCoVaR methodology for measuring systemic risk, the analysis reveals that systemic risk increased substantially across all three sectors (banks, securities firms, and insurance companies) during the Global Financial Crisis, the European Sovereign Debt Crisis, and the COVID-19 pandemic. Although the banking sector exhibited relatively high systemic risk compared to the securities and insurance sectors, the relative differences in systemic risk varied across the different crisis periods. Notably, during the margin call crisis in March of 2020, the gap in systemic risk between the banking and securities sectors decreased significantly compared to that during both the Global Financial Crisis and the European Sovereign Debt Crisis, indicating that securities firms had a more substantial impact on risk in the overall financial system during this period. Furthermore, I analyze the impact of the issuance of equity-linked securities (ELS) by financial institutions on systemic risk, as measured by ΔCoVaR, finding that an increase in the outstanding balance of ELS issuance by financial institutions had an impact on increasing ΔCoVaR during the three crisis periods. These findings underscore the growing importance of non-bank financial institutions in relation to South Korea's macroprudential management and supervision. To address this evolving landscape, enhanced monitoring and regulatory measures focusing on non-bank systemic risk are essential components of maintaining financial stability in the country.

Application of JSA and Checklist in Asbestos Sealing (석면 해체제거 보양작업에서 JSA 및 Checklist 적용)

  • Cho, Guy Sun
    • Journal of the Korean Society of Safety
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    • v.35 no.2
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    • pp.61-66
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    • 2020
  • As asbestos-containing buildings are getting older, asbestos deconstruction works are increasing. As a result, accident risks such as falls, cuts, electric shocks, and suffocation are increasing. Existing studies are mostly about health management and institutional policy research and there is little research on work risk. So workplace risk assessments that are easily applicable in the field are required to be applied. Sealing is the first process of asbestos deconstruction and is the first step to ensure worker's safety. Job Safety Analysis(JSA) and Checklist were used to identify the risk factors and to calculate the level of the risk. By comparing the two risk assessment tools, it was figured out that the JSA is appropriate for the initial process and change of work procedure while Checklist is appropriate for repetitive work. Because the sealing process is sort and simple, it is unlikely to cause serious injury. But since the risk of falling and cuts are exist, safety education and supervision are necessary to maintain a safe working environment.

Research on China's Internet Financial Risk Supervision and Countermeasures (중국 인터넷 금융 리스크 관리 및 대책 연구)

  • Yuan, Zhao;Sim, Jae-Yeon
    • Industry Promotion Research
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    • v.7 no.4
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    • pp.109-119
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    • 2022
  • In recent years, China's Internet finance industry is hot. There is no doubt that Internet finance has been fully integrated into China, forming a new form of financing, and rapidly becoming a new channel for investment and financing in China, shouldering the responsibility of inclusive financing and building China's real economy. However, with investment, there are risks. Based on the panel data of China's Internet financial platform, this paper uses the random effect model to study the influencing factors of Internet financial risks, and draws three conclusions: (1) The user funds and platform funds of the financial platform will be managed separately by the bank, which can effectively reduce the risk of financial transactions on the Internet; (2) The risk of Internet financial transactions can be effectively reduced by avoiding the concentration of platform funds in the hands of a few borrowers through regulatory policies; (3) The liquidity control of funds effectively reduces the risk of Internet financial transactions. Based on the conclusions, we propose optimization strategies for regulatory policies to achieve the healthy and sustainable development of Internet finance.

Determination Conversion Weight of Convertible Bonds Using Mean/Value-at-Risk Optimization Models (평균/VaR 최적화 모형에 의한 전환사채 주식전환 비중 결정)

  • Park, Koohyun
    • Korean Management Science Review
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    • v.30 no.3
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    • pp.55-70
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    • 2013
  • In this study we suggested two optimization models to determine conversion weight of convertible bonds. The problem of this study is same as that of Park and Shim [1]. But this study used Value-at-Risk (VaR) for risk measurement instead of CVaR, Conditional-Value-at-Risk. In comparison with conventional Markowitz portfolio models, which use the variance of return, our models used VaR. In 1996, Basel Committee on Banking Supervision recommended VaR for portfolio risk measurement. But there are difficulties in solving optimization models including VaR. Benati and Rizzi [5] proved NP-hardness of general portfolio optimization problems including VaR. We adopted their approach. But we developed efficient algorithms with time complexity O(nlogn) or less for our models. We applied examples of our models to the convertible bond issued by a semiconductor company Hynix.

A Study on Risk Response against Ship Fire using Robot

  • Park, Dea-Woo;Park, Young-Suk;Nam, Jae-Min
    • Journal of information and communication convergence engineering
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    • v.9 no.2
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    • pp.230-234
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    • 2011
  • It is endeavoring for sea safety and fire[1] at sea prevention solidifying control of standard technology and safety supervision aspect in IMO[2] but sea accident and ship fire are happening continuously. Because using Robot in artistic talent of ship in this treatise, studied that correspond to Risk and manage. Attach fire perception sensor for Robot's Risk confrontation, and because using infrared rays sensor, TOUCH SWITCH, sound perception sensor, gas perception sensor, light perception sensor that is threaded in Robot and is achieved, controlled Robot, and establish Low-High value the speed of sound output use and DC MOTOR and COM SEN of when indicate Risk confrontation to Robot and establish Robot's Risk confrontation administration action.

A Study on Selection of R&D Supervision Institution of Weapon Systems Using Delphi and AHP (델파이 및 AHP를 활용한 연구개발 주관기관 선정에 관한 연구)

  • Kim, Jin-Hyeon;Lee, Ho-Jin
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.10
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    • pp.179-186
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    • 2019
  • Based on the characteristics of the weapon system, a government-funded research institute or a defense industry company is selected as the R&D supervision institution. On the other hand, research for the selection of a R&D supervision institution has not been conducted actively. This paper proposes a methodology for selecting R&D supervision institutions, such as procedure and indices. First, candidates of the index were obtained using data investigation and consulting, and five indices were deduced using Delphi. The weight of the indices was set using AHP. The high element consisted of 'Technical elements' and 'Business element'. The low element of 'Technical elements' consisted of 'Possession and readiness of critical technology' and 'Experience of similar R&D'. The low element of 'Business element' consisted of 'Base circumstance of the project', 'Risk management', and 'Will for the project'. The total weights of the indices were 'Possession and readiness of critical technology' 0.405, 'Experience of similar R&D' 0.297, 'Base circumstance of the project' 0.124, 'Risk management' 0.127, and 'Will for the project' 0.047. The indices were applied to the 00 weapon system and the result was deduced.

Parent Related Factors in Internet Game Addiction among Elementary School Students (초등학생의 인터넷게임중독에 영향을 미치는 부모관련 변인)

  • Kim, Ki-Sook;Kim, Kyung-Hee
    • Child Health Nursing Research
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    • v.15 no.1
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    • pp.24-33
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    • 2009
  • Purpose: The purpose of this study was to explore the parent related factors that influence internet game addiction among elementary school students. Method: Data was collected through self-administered questionnaires and descriptive statistics, t-test, ANOVA, correlation and stepwise multiple regression were used to analyze the data. Data survey was conducted with 739 conveniently selected students who were in grades 4, 5, and 6 of elementary schools in Seoul or Gyung-gi province. Results: The addiction groups were classified as general user group (84.3%), potential risk group (10.0%) and high risk group (5.7%). There were significant internet game addiction differences by gender, grade, expense of internet cafe, religion, school record, place where child played, economic status, and duration and frequency of game play. The addiction was negatively correlated to parents' attachment, supervision, attitude to child nurturing, and expectations regarding school study. The most significant variables were both parents' attitude to child nurturing, and mother's supervision. These three variables explained 20.7% of internet game addiction in elementary school students. Conclusion: These findings are expected to make a contribution to the creation of ideal interventions at school, home, and counselling centers to prevent internet game addiction.

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