411 research outputs found

    Little strings and T-duality

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    We study the 2d N = 4 gauge theory descriptions of little strings on type II NS5- branes. The IIB strings on N NS5-branes are described by the N = (4,4) gauge theories, whose Higgs branch CFTs on U(N) instanton moduli spaces are relevant. The IIA strings are described by N = (4,4) circular A_{N-1} quiver theories, whose Coulomb branch CFTs are relevant. We study new N = (0,4) quiver gauge theories for the IIA strings, which make it easier to study some infrared observables. In particular, we show that the elliptic genera of the IIA / IIB strings precisely map to each other by T-duality.Comment: 34 pages, 5 figure

    How Does LG Group Embed Enterprise Risk Management (ERM) System In Its Conglomerate Governance To Control Its Affiliated Firms' Risk Events?

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    This paper presents a case of enterprise risk management (ERM) embeddedness in LG Group, globalized conglomerate in Korea. Findings are differentiated from prior studies in two aspects. First, this study focuses on how ERM systems minimize the agency costs between conglomerate headquarters and its affiliated firms. Second, cases of diversified twelve affiliated firms find that COSO ERM framework are to be applied adaptively to entities’ inherent or external conditions as industry, age, management level etc. Those findings might be a practical guidance for most Asian business groups to embed ERM frameworks in conglomerate governances, filling gaps between theoretical COSO manual and practical applications.

    The shifting location decisions of Korean outward FDI

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