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Jang Young-sik
Jang Young-sik (born 1935) is a South Korean economist. He was the president of the Korea Electric Power Corporation (KEPCO) from May 1998 to April 1999. Personal life and early career Jang is a native of Gwangju. His younger brother Jang Jae-sik would become a member of National Congress for New Politics and a National Assembly of South Korea, National Assembly member in the 1990s. He graduated from Seoul National University with a degree in metallurgy, metallurgical engineering, and afterwards worked in the Office of the Prime Minister of South Korea, Prime Minister as an economist. Later in the 1950s he emigrated to the U.S. and naturalised as a citizen there. He went on to the University at Albany, SUNY, where he defended a thesis on econometric modelling in 1970. Jang returned to South Korea in 1975, where he headed an energy markets research team at the Korea Development Institute. His work there focused on electricity pricing reform. In the early 1980s, he worked at the In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gwangju
Gwangju () is South Korea's sixth-largest metropolis. It is a designated metropolitan city under the direct control of the central government's Home Minister. The city was also the capital of South Jeolla Province until the provincial office moved to the southern village of Namak in Muan County in 2005 because Gwangju was promoted to a metropolitan city and was independent of South Jeolla province. Its name is composed of the words ''Gwang'' () meaning "light" and ''Ju'' () meaning "province". Gwangju was historically recorded as ''Muju'' (), in which "Silla merged all of the land to establish the provinces of Gwangju, Ungju, Jeonju, Muju and various counties, plus the southern boundary of Goguryeo and the ancient territories of Silla" in the ''Samguk Sagi.'' In the heart of the agricultural Jeolla region, the city is also famous for its rich and diverse cuisine. History The city was established in 57 BC. It was one of the administrative centers of Baekje during the Three ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Structure
In corporate finance, capital structure refers to the mix of various forms of external funds, known as capital, used to finance a business. It consists of shareholders' equity, debt (borrowed funds), and preferred stock, and is detailed in the company's balance sheet. The larger the debt component is in relation to the other sources of capital, the greater financial leverage (or gearing, in the United Kingdom) the firm is said to have. Too much debt can increase the risk of the company and reduce its financial flexibility, which at some point creates concern among investors and results in a greater cost of capital. Company management is responsible for establishing a capital structure for the corporation that makes optimal use of financial leverage and holds the cost of capital as low as possible. Capital structure is an important issue in setting rates charged to customers by regulated utilities in the United States. The utility company has the right to choose any capital str ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1935 Births
Events January * January 7 – Italian premier Benito Mussolini and French Foreign Minister Pierre Laval conclude Franco-Italian Agreement of 1935, an agreement, in which each power agrees not to oppose the other's colonial claims. * January 12 – Amelia Earhart becomes the first person to successfully complete a solo flight from Hawaii to California, a distance of 2,408 miles. * January 13 – A plebiscite in the Saar (League of Nations), Territory of the Saar Basin shows that 90.3% of those voting wish to join Germany. * January 24 – The first canned beer is sold in Richmond, Virginia, United States, by Gottfried Krueger Brewing Company. February * February 6 – Parker Brothers begins selling the board game Monopoly (game), Monopoly in the United States. * February 13 – Richard Hauptmann is convicted and sentenced to death for the kidnapping and murder of Charles Lindbergh Jr. in the United States. * February 15 – The discovery and clinical development of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Dong-A Ilbo
The ''Dong-A Ilbo'' (, literally ''East Asia Daily'') is a newspaper of record in Korea since 1920 with a daily circulation of more than 1.2 million and opinion leaders as its main readers. ''The Dong-A Ilbo'' is the parent company of Dong-A Media Group (DAMG), which is composed of 11 affiliates including Sports Dong-A, Dong-A Science, DUNet, and dongA.com, as well as Channel A, general service cable broadcasting company launched on 1 December 2011. It covers a variety of areas including news, drama, entertainment, sports, education, and movies. ''The Dong-A Ilbo'' has partnered with international news companies such as ''The New York Times'' of the United States of America, ''The Asahi Shimbun'' of Japan and ''The People's Daily'' of China. It has correspondents stationed in five major cities worldwide including Washington D.C., New York, San Francisco, Beijing, Tokyo, Cairo and Paris. It also publishes global editions in 90 cities worldwide including New York, London, Paris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sunshine Policy
The Sunshine Policy () is the theoretical basis for South Korea's foreign policy towards North Korea. Its official title is The Reconciliation and Cooperation Policy Towards the North (), and it is also known as The Operational Policy Towards the North () and The Embracing Policy (). The policy emerged largely in the context of the growing economic gap between the two Koreas: the South was strengthening itself and experiencing economic prosperity that had begun under President Park Chung-hee in the 1970s while the North was experiencing severe economic decline and faced bankruptcy. While the government to spend an excessive portion of its budget on its military and its nuclear program, the people experienced widespread starvation.Ibid. Sunshine Policy was aimed at mitigating this gap in economic power and restoring lost communication between the two States. Furthermore, the background to South Korea's decision to engage North Korea through cooperation rather than maintaining a co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expense Account
An expense account is the right to reimbursement of money spent by employees for work-related purposes. Some common expense accounts are: Cost of sales, utilities expense, discount allowed, cleaning expense, depreciation expense, delivery expense, income tax expense, insurance expense, interest expense, advertising expense, promotion expense, repairs expense, maintenance expense, rent expense, salaries and wages expense, transportation expense, supplies expense and refreshment expense. Normal Balance To increase an expense account, it must be debited. To decrease an expense account, it must be credited. The normal expense account balance is a debit. In order to understand why expenses are debited, it is relevant to note the accounting equation, Assets = Liabilities + Equity. Expenses show up under the equity portion of the equation because equity is common stock plus retained earnings and retained earnings are revenues minus expenses minus dividends. Expenses are considered t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Health Insurance Portability And Accountability Act
The Health Insurance Portability and Accountability Act of 1996 (HIPAA or the Kennedy– Kassebaum Act) is a United States Act of Congress enacted by the 104th United States Congress and signed into law by President Bill Clinton on August 21, 1996. It modernized the flow of healthcare information, stipulates how personally identifiable information maintained by the healthcare and healthcare insurance industries should be protected from fraud and theft, and addressed some limitations on healthcare insurance coverage. It generally prohibits healthcare providers and healthcare businesses, called ''covered entities'', from disclosing protected information to anyone other than a patient and the patient's authorized representatives without their consent. With limited exceptions, it does not restrict patients from receiving information about themselves. It does not prohibit patients from voluntarily sharing their health information however they choose, nor does it require confidential ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Register
The ''Federal Register'' (FR or sometimes Fed. Reg.) is the official journal of the federal government of the United States that contains government agency rules, proposed rules, and public notices. It is published every weekday, except on federal holidays. The final rules promulgated by a federal agency and published in the ''Federal Register'' are ultimately reorganized by topic or subject matter and codified in the '' Code of Federal Regulations'' (CFR), which is updated annually. The ''Federal Register'' is compiled by the Office of the Federal Register (within the National Archives and Records Administration) and is printed by the Government Publishing Office. There are no copyright restrictions on the ''Federal Register''; as a work of the U.S. government, it is in the public domain. Contents The ''Federal Register'' provides a means for the government to announce to the public changes to government requirements, policies, and guidance. * Proposed new rules and regulat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Relinquishment Of United States Nationality
Relinquishment of United States nationality is the process under federal law by which a U.S. citizen or national voluntarily and intentionally gives up that status and becomes an alien with respect to the United States. Relinquishment is distinct from denaturalization, which in U.S. law refers solely to cancellation of illegally procured naturalization. explicitly lists all seven potentially expatriating acts by which a U.S. citizen can relinquish that citizenship. ''Renunciation of United States citizenship'' is a legal term encompassing two of those acts: swearing an oath of renunciation at a U.S. embassy or consulate in foreign territory or, during a state of war, at a U.S. Citizenship and Immigration Services office in U.S. territory. The other five acts are: naturalization in a foreign country; taking an oath of allegiance to a foreign country; serving in a foreign military; serving in a foreign government; and committing treason, rebellion, or similar crimes. Beginning wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Commerce, Industry And Energy
The Ministry of Trade, Industry and Energy (MOTIE) is a ministry under the Government of South Korea. It is concerned with regulating some economic policy, especially with regard to the industrial and energy sectors. The ministry also works to encourage foreign investment in Korea. The current minister is Lee Chang-yang. The ministry began in 1948 as the Ministry of Commerce in the First Republic. In 1993 it was merged with the Ministry of Energy, established in 1977. A year later the ministry changed its name to Ministry of Trade and Energy. In 1998 it transferred trade negotiation duties to the foreign ministry changing its name to Ministry of Industry and Energy. In 2008 it was restructured into Ministry of Knowledge Economy following newly elected president Lee Myung-bak's cabinet reorganisation. In 2013 following President Park Geun-hye's cabinet reorganisation the ministry was restructured into the current form bringing back trade negotiation duties from the foreign minist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Honam
Honam (; literally "south of the lake") is a region coinciding with the former Jeolla Province in what is now South Korea. Today, the term refers to Gwangju, South Jeolla and North Jeolla Provinces. The name "Jeonla-do" is used in the names of the Honam railway line and Honam Expressway, which are major transportation corridors connecting Seoul and Daejeon to the Honam region. The name is often used to refer to people residing in the region. There is also Honam University, which is located in Gwangju, the biggest city in Honam. See also * Gwangju * North Jeolla Province * South Jeolla Province * Regions of Korea * Yeongnam * Hunan Hunan (, ; ) is a landlocked province of the People's Republic of China, part of the South Central China region. Located in the middle reaches of the Yangtze watershed, it borders the province-level divisions of Hubei to the north, Jiangxi to ... References {{Korea-geo-stub Regions of Korea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grand National Party
The Liberty Korea Party () was a conservative political party in South Korea that was described variously as right-wing, right-wing populist, or far-right. Until February 2017, it was known as the Saenuri Party (), and before that as the Hannara Party () from 1997 to 2012, both of which are still colloquially used to refer to the party. The party formerly held a plurality of seats in the 20th Assembly before its ruling status was transferred to the Democratic Party of Korea on 27 December 2016, following the creation of the splinter Bareun Party by former Saenuri members who distanced themselves from President Park Geun-hye in the 2016 South Korean political scandal. In February 2020, the Liberty Korea Party merged with Onward for Future 4.0 and the New Conservative Party, launching the United Future Party to contest the 2020 South Korean legislative election. History 1997: Foundation of Grand National party The party was founded in 1997, when the United Democratic Party ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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