메뉴 건너뛰기




Volumn 16, Issue 2, 2012, Pages 429-480

Venture capital and corporate governance in the newly public firm

Author keywords

[No Author keywords available]

Indexed keywords


EID: 84858267773     PISSN: 15723097     EISSN: 1573692X     Source Type: Journal    
DOI: 10.1093/rof/rfr035     Document Type: Review
Times cited : (137)

References (87)
  • 1
    • 26444489267 scopus 로고
    • American Bar Association, American Bar Association, Chicago, Illinois
    • American Bar Association (1994). Corporate Director's Guidebook. American Bar Association, Chicago, Illinois.
    • (1994) Corporate Director's Guidebook
  • 2
    • 0034363913 scopus 로고    scopus 로고
    • The effect of relative performance evaluation on earnings management: A game-theoretic approach
    • Bagnoli, M. and Watts, S. G. (2000) The effect of relative performance evaluation on earnings management: A game-theoretic approach, Journal of Accounting and Public Policy 19, 377-397.
    • (2000) Journal of Accounting and Public Policy , vol.19 , pp. 377-397
    • Bagnoli, M.1    Watts, S.G.2
  • 3
    • 0347076594 scopus 로고    scopus 로고
    • The determinants of board structure at the initial public offering
    • Baker, M. and Gompers, P. (2003) The determinants of board structure at the initial public offering, Journal of Law and Economics 46, 569-598.
    • (2003) Journal of Law and Economics , vol.46 , pp. 569-598
    • Baker, M.1    Gompers, P.2
  • 6
    • 77958406983 scopus 로고
    • Corporate governance and the board of directors: Performance effects of changes in board composition
    • Baysinger, R. and Butler, H. (1985) Corporate governance and the board of directors: Performance effects of changes in board composition, Journal of Law, Economics and Organization 1, 101-124.
    • (1985) Journal of Law, Economics and Organization , vol.1 , pp. 101-124
    • Baysinger, R.1    Butler, H.2
  • 7
    • 41749122968 scopus 로고    scopus 로고
    • Earning management: A perspective
    • Beneish, M. D. (2001) Earning management: A perspective, Managerial Finance 27, 3-17.
    • (2001) Managerial Finance , vol.27 , pp. 3-17
    • Beneish, M.D.1
  • 8
    • 0001819765 scopus 로고
    • Post-earnings announcement drift: Delayed price response or risk premium?
    • Bernard, V. L. and Thomas, J. K. (1989) Post-earnings announcement drift: Delayed price response or risk premium? Journal of Accounting Research 27, 1-36.
    • (1989) Journal of Accounting Research , vol.27 , pp. 1-36
    • Bernard, V.L.1    Thomas, J.K.2
  • 11
    • 0031232456 scopus 로고    scopus 로고
    • Underpricing, ownership and control in initial public offerings of equity securities in the UK
    • Brennan, M. and Franks, J. (1997) Underpricing, ownership and control in initial public offerings of equity securities in the UK, Journal of Financial Economics 45, 391-414.
    • (1997) Journal of Financial Economics , vol.45 , pp. 391-414
    • Brennan, M.1    Franks, J.2
  • 13
    • 33747168777 scopus 로고    scopus 로고
    • Management of earnings and analysts forecasts to achieve zero and small positive earnings surprises
    • Burgstahler, D. and Eames, M. (2006) Management of earnings and analysts forecasts to achieve zero and small positive earnings surprises, Journal of Business Finance and Accounting 33, 633-652.
    • (2006) Journal of Business Finance and Accounting , vol.33 , pp. 633-652
    • Burgstahler, D.1    Eames, M.2
  • 14
  • 17
    • 3843101529 scopus 로고    scopus 로고
    • Investor sophistication and the mispricing of accruals
    • Collins, D. W., Gong, G., and Hribar, P. (2003) Investor sophistication and the mispricing of accruals, Review of Accounting Studies 8, 251-276.
    • (2003) Review of Accounting Studies , vol.8 , pp. 251-276
    • Collins, D.W.1    Gong, G.2    Hribar, P.3
  • 18
    • 0000380080 scopus 로고
    • Poison or placebo? Evidence on the deterrence and wealth effects of modern anti-takeover measures
    • Comment, R. and Schwert, W. (1995) Poison or placebo? Evidence on the deterrence and wealth effects of modern anti-takeover measures, Journal of Financial Economics 39, 3-43.
    • (1995) Journal of Financial Economics , vol.39 , pp. 3-43
    • Comment, R.1    Schwert, W.2
  • 19
    • 84858221745 scopus 로고
    • The overview committees of the board of directors
    • Committee on Corporate Laws
    • Committee on Corporate Laws (1979) The overview committees of the board of directors, Business Lawyer 34, 1837-1866.
    • (1979) Business Lawyer , vol.34 , pp. 1837-1866
  • 20
    • 0031066545 scopus 로고    scopus 로고
    • Do independent directors enhance target shareholder wealth during tender offerš
    • Cotter, J., Shivdasani, A., and Zenner, M. (1997) Do independent directors enhance target shareholder wealth during tender offerš Journal of Financial Economics 43, 195-218.
    • (1997) Journal of Financial Economics , vol.43 , pp. 195-218
    • Cotter, J.1    Shivdasani, A.2    Zenner, M.3
  • 21
    • 0000544450 scopus 로고    scopus 로고
    • Does Delaware law improve firm valuě
    • Daines, R. (2001) Does Delaware law improve firm valuě Journal of Financial Economics 62, 525-558.
    • (2001) Journal of Financial Economics , vol.62 , pp. 525-558
    • Daines, R.1
  • 24
    • 2142720242 scopus 로고    scopus 로고
    • Causes and consequences of earning manipulation: An analysis of firms subject to enforcement actions by the SEC
    • Dechow, P., Sloan, R., and Sweeney, A. (1996) Causes and consequences of earning manipulation: An analysis of firms subject to enforcement actions by the SEC, Contemporary Accounting Research 13, 1-36.
    • (1996) Contemporary Accounting Research , vol.13 , pp. 1-36
    • Dechow, P.1    Sloan, R.2    Sweeney, A.3
  • 27
    • 0001163995 scopus 로고
    • On corporate governance: A study of proxy contests
    • Dodd, P. and Warner, J. B. (1983) On corporate governance: A study of proxy contests, Journal of Financial Economics 11, 401-438.
    • (1983) Journal of Financial Economics , vol.11 , pp. 401-438
    • Dodd, P.1    Warner, J.B.2
  • 29
    • 0000718767 scopus 로고    scopus 로고
    • Earnings management by acquiring firms in stock for stock mergers
    • Erickson, M. and Wang, S. (1999) Earnings management by acquiring firms in stock for stock mergers, Journal of Accounting and Economics 27, 149-176.
    • (1999) Journal of Accounting and Economics , vol.27 , pp. 149-176
    • Erickson, M.1    Wang, S.2
  • 30
    • 0000806744 scopus 로고
    • Agency problems and the theory of the firm
    • Fama, E. (1980) Agency problems and the theory of the firm, Journal of Political Economy 88, 288-307.
    • (1980) Journal of Political Economy , vol.88 , pp. 288-307
    • Fama, E.1
  • 31
  • 32
    • 0043095579 scopus 로고    scopus 로고
    • Takeover defenses of IPO firms
    • Field, L. and Karpoff, J. (2002) Takeover defenses of IPO firms, Journal of Finance 57, 1857-1889.
    • (2002) Journal of Finance , vol.57 , pp. 1857-1889
    • Field, L.1    Karpoff, J.2
  • 33
    • 44649144001 scopus 로고    scopus 로고
    • The positive effects of biased self-perceptions in firms
    • Gervais, S. and Goldstein, I. (2007) The positive effects of biased self-perceptions in firms, Review of Finance 11, 453-496.
    • (2007) Review of Finance , vol.11 , pp. 453-496
    • Gervais, S.1    Goldstein, I.2
  • 34
    • 84993858218 scopus 로고
    • Optimal investment, monitoring, and the staging of venture capital
    • Gompers, P. (1995) Optimal investment, monitoring, and the staging of venture capital, Journal of Finance 50, 1461-1490.
    • (1995) Journal of Finance , vol.50 , pp. 1461-1490
    • Gompers, P.1
  • 36
    • 84858199341 scopus 로고    scopus 로고
    • Can corporate venture capital succeed? Organizational structure, complementarities, and success
    • In: R. Morck, (ed), University of Chicago Press, Chicago, Illinois
    • Gompers, P. and Lerner, J. (2000) Can corporate venture capital succeed? Organizational structure, complementarities, and success, in: R. Morck, (ed)., Concentrated Ownership: National Bureau of Economic Research Conference Reports, University of Chicago Press, Chicago, Illinois.
    • (2000) Concentrated Ownership: National Bureau of Economic Research Conference Reports
    • Gompers, P.1    Lerner, J.2
  • 37
    • 0004296209 scopus 로고    scopus 로고
    • 3rd edition., Prentice Hall, Upper Saddle River, New Jersey
    • Greene, W. (1997) Econometric Analysis. 3rd edition. Prentice Hall, Upper Saddle River, New Jersey.
    • (1997) Econometric Analysis
    • Greene, W.1
  • 38
    • 0007043402 scopus 로고
    • One share-one vote and the market for corporate control
    • Grossman, S. J. and Hart, O. (1988) One share-one vote and the market for corporate control, Journal of Financial Economics 20, 175-202.
    • (1988) Journal of Financial Economics , vol.20 , pp. 175-202
    • Grossman, S.J.1    Hart, O.2
  • 40
    • 0000125534 scopus 로고
    • Sample selection bias as a specification error
    • Heckman, J. (1979) Sample selection bias as a specification error, Econometrica 47, 153-161.
    • (1979) Econometrica , vol.47 , pp. 153-161
    • Heckman, J.1
  • 41
    • 0036098360 scopus 로고    scopus 로고
    • A theory of strategic venture investing
    • Hellmann, T. (2002) A theory of strategic venture investing, Journal of Financial Economics 64, 285-314.
    • (2002) Journal of Financial Economics , vol.64 , pp. 285-314
    • Hellmann, T.1
  • 42
    • 0034552621 scopus 로고    scopus 로고
    • The interaction between product market and financing strategy: The role of venture capital
    • Hellmann, T. and Puri, M. (2000) The interaction between product market and financing strategy: The role of venture capital, Review of Financial Studies 13, 959-984.
    • (2000) Review of Financial Studies , vol.13 , pp. 959-984
    • Hellmann, T.1    Puri, M.2
  • 43
    • 0013118760 scopus 로고    scopus 로고
    • Venture capital and the professionalization of start-up firms: Empirical evidence
    • Hellmann, T. and Puri, M. (2002) Venture capital and the professionalization of start-up firms: Empirical evidence, Journal of Finance 57, 169-197.
    • (2002) Journal of Finance , vol.57 , pp. 169-197
    • Hellmann, T.1    Puri, M.2
  • 44
    • 0001387430 scopus 로고
    • The effects of board composition and direct incentives on firm performance
    • Hermalin, B. and Weisbach, M. (1991) The effects of board composition and direct incentives on firm performance, Financial Management 20, 101-112.
    • (1991) Financial Management , vol.20 , pp. 101-112
    • Hermalin, B.1    Weisbach, M.2
  • 45
    • 0348194856 scopus 로고    scopus 로고
    • Endogenously chosen boards of directors and their monitoring of the CEO
    • Hermalin, B. and Weisbach, M. (1998) Endogenously chosen boards of directors and their monitoring of the CEO, American Economic Review 88, 96-118.
    • (1998) American Economic Review , vol.88 , pp. 96-118
    • Hermalin, B.1    Weisbach, M.2
  • 46
    • 33846190557 scopus 로고    scopus 로고
    • Whom you know matters: Venture capital networks and investment performance
    • Hochberg, Y. V., Ljungqvist, A., and Lu, Y. (2007) Whom you know matters: Venture capital networks and investment performance, Journal of Finance 62, 205-301.
    • (2007) Journal of Finance , vol.62 , pp. 205-301
    • Hochberg, Y.V.1    Ljungqvist, A.2    Lu, Y.3
  • 48
    • 84993848601 scopus 로고
    • The modern industrial revolution, exit, and the failure of internal control systems
    • Jensen, M. (1993) The modern industrial revolution, exit, and the failure of internal control systems, Journal of Finance 48, 831-880.
    • (1993) Journal of Finance , vol.48 , pp. 831-880
    • Jensen, M.1
  • 49
    • 44649197264 scopus 로고
    • Theory of the firm: Managerial behavior, agency costs and ownership structure
    • Jensen, M. and Meckling, W. (1976) Theory of the firm: Managerial behavior, agency costs and ownership structure, Journal of Financial Economics 4, 305-360.
    • (1976) Journal of Financial Economics , vol.4 , pp. 305-360
    • Jensen, M.1    Meckling, W.2
  • 50
    • 0000862461 scopus 로고
    • Earning management during import relief investigations
    • Jones, J. J. (1991) Earning management during import relief investigations, Journal of Accounting Research 29, 193-228.
    • (1991) Journal of Accounting Research , vol.29 , pp. 193-228
    • Jones, J.J.1
  • 51
    • 0000167972 scopus 로고
    • Comments on Paul Healy: Evidence of the effect of bonus schemes on accounting procedure and accrual decisions
    • Kaplan, R. S. (1985) Comments on Paul Healy: Evidence of the effect of bonus schemes on accounting procedure and accrual decisions, Journal of Accounting and Economics 7, 109-113.
    • (1985) Journal of Accounting and Economics , vol.7 , pp. 109-113
    • Kaplan, R.S.1
  • 52
    • 34250170458 scopus 로고    scopus 로고
    • How do legal differences and experience affect financial contractš
    • Kaplan, S., Martel, F., and Stromberg, P. (2007) How do legal differences and experience affect financial contractš Journal of Financial Intermediation 16, 273-311.
    • (2007) Journal of Financial Intermediation , vol.16 , pp. 273-311
    • Kaplan, S.1    Martel, F.2    Stromberg, P.3
  • 53
    • 0038660446 scopus 로고    scopus 로고
    • Financial contracting theory meets the real world: An empirical analysis of venture capital contracts
    • Kaplan, S. and Stromberg, P. (2003) Financial contracting theory meets the real world: An empirical analysis of venture capital contracts, Review of Economic Studies 70, 281-316.
    • (2003) Review of Economic Studies , vol.70 , pp. 281-316
    • Kaplan, S.1    Stromberg, P.2
  • 54
    • 6344230194 scopus 로고    scopus 로고
    • Characteristics, contracts and actions: Evidence from venture capitalist analyses
    • Kaplan, S. and Stromberg, P. (2004) Characteristics, contracts and actions: Evidence from venture capitalist analyses, Journal of Finance 59, 2173-2206.
    • (2004) Journal of Finance , vol.59 , pp. 2173-2206
    • Kaplan, S.1    Stromberg, P.2
  • 55
    • 0033463501 scopus 로고    scopus 로고
    • On the association between voluntary disclosure and earnings management
    • Kasznik, R. (1997) On the association between voluntary disclosure and earnings management, Journal of Accounting Research 37, 57-82.
    • (1997) Journal of Accounting Research , vol.37 , pp. 57-82
    • Kasznik, R.1
  • 56
    • 0035588238 scopus 로고    scopus 로고
    • Do IPO charters maximize firm valuě Antitakeover protection in IPOs
    • Klausner, M. and Daines, R. (2001) Do IPO charters maximize firm valuě Antitakeover protection in IPOs, Journal of Law, Economics and Organization 17, 83-120.
    • (2001) Journal of Law, Economics and Organization , vol.17 , pp. 83-120
    • Klausner, M.1    Daines, R.2
  • 58
    • 0001642328 scopus 로고
    • Golden parachutes, shark repellents, and hostile tender offers
    • Knoeber, C. R. (1986) Golden parachutes, shark repellents, and hostile tender offers, American Economic Review 76, 155-167.
    • (1986) American Economic Review , vol.76 , pp. 155-167
    • Knoeber, C.R.1
  • 59
    • 84858206976 scopus 로고
    • Entrepreneurship in the large corporation: Is it possiblě
    • Lawler, E. and Drexel, J. (1981) Entrepreneurship in the large corporation: Is it possiblě Management Review 70, 54-63.
    • (1981) Management Review , vol.70 , pp. 54-63
    • Lawler, E.1    Drexel, J.2
  • 60
    • 84993865817 scopus 로고
    • Venture capitalists and the oversight of private firms
    • Lerner, J. (1995) Venture capitalists and the oversight of private firms, Journal of Finance 50, 301-318.
    • (1995) Journal of Finance , vol.50 , pp. 301-318
    • Lerner, J.1
  • 61
    • 0009238588 scopus 로고    scopus 로고
    • The effectiveness of outside directors as a corporate governance mechanism: Theories and evidence
    • Lin, L. (1996) The effectiveness of outside directors as a corporate governance mechanism: Theories and evidence, Northwestern University Law Review 90, 898-966.
    • (1996) Northwestern University Law Review , vol.90 , pp. 898-966
    • Lin, L.1
  • 62
    • 43649101762 scopus 로고    scopus 로고
    • Blurring firm boundaries: The role of venture capital in strategic alliances
    • Lindsey, L. (2008) Blurring firm boundaries: The role of venture capital in strategic alliances, Journal of Finance 63, 1137-1168.
    • (2008) Journal of Finance , vol.63 , pp. 1137-1168
    • Lindsey, L.1
  • 64
    • 33748582079 scopus 로고
    • Poison pill securities: Stockholder wealth, profitability, and ownership structure
    • Malatesta, P. and Walkling, R. (1988) Poison pill securities: Stockholder wealth, profitability, and ownership structure, Journal of Financial Economics 20, 347-376.
    • (1988) Journal of Financial Economics , vol.20 , pp. 347-376
    • Malatesta, P.1    Walkling, R.2
  • 65
    • 33746863357 scopus 로고    scopus 로고
    • Why is the accrual anomaly not arbitraged away? The role of idiosyncratic risk and transaction costs
    • Mashruwala, C., Rajgopal, S., and Shevlin, T. (2006) Why is the accrual anomaly not arbitraged away? The role of idiosyncratic risk and transaction costs, Journal of Accounting and Economics 42, 3-33.
    • (2006) Journal of Accounting and Economics , vol.42 , pp. 3-33
    • Mashruwala, C.1    Rajgopal, S.2    Shevlin, T.3
  • 66
    • 0000632966 scopus 로고
    • Stock price effects and costs of secondary distributions
    • Mikkelson, W. H. and Partch, M. M. (1985) Stock price effects and costs of secondary distributions, Journal of Financial Economics 14, 165-194.
    • (1985) Journal of Financial Economics , vol.14 , pp. 165-194
    • Mikkelson, W.H.1    Partch, M.M.2
  • 69
    • 0000372724 scopus 로고    scopus 로고
    • Angel investors and the market for angel investments
    • Prowse, S. (1998) Angel investors and the market for angel investments, Journal of Banking and Finance 22, 785-792.
    • (1998) Journal of Banking and Finance , vol.22 , pp. 785-792
    • Prowse, S.1
  • 70
    • 0000545798 scopus 로고    scopus 로고
    • Earnings management and the performance of seasoned equity offerings
    • Rangan, S. (1998) Earnings management and the performance of seasoned equity offerings, Journal of Financial Economics 50, 101-122.
    • (1998) Journal of Financial Economics , vol.50 , pp. 101-122
    • Rangan, S.1
  • 71
    • 84989072165 scopus 로고
    • CEO duality and organizational performance: A longitudinal analysis
    • Rechner, P. and Dalton, D. (1991) CEO duality and organizational performance: A longitudinal analysis, Strategic Management Journal 12, 155-160.
    • (1991) Strategic Management Journal , vol.12 , pp. 155-160
    • Rechner, P.1    Dalton, D.2
  • 72
    • 33746238338 scopus 로고    scopus 로고
    • Overinvestment of free cash flow
    • Richardson, S. (2006) Overinvestment of free cash flow, Review of Accounting Studies 11, 159-189.
    • (2006) Review of Accounting Studies , vol.11 , pp. 159-189
    • Richardson, S.1
  • 73
    • 0000211393 scopus 로고
    • Outside directors, board independence, and shareholder wealth
    • Rosenstein, S. and Wyatt, J. (1990) Outside directors, board independence, and shareholder wealth, Journal of Financial Economics 26, 175-191.
    • (1990) Journal of Financial Economics , vol.26 , pp. 175-191
    • Rosenstein, S.1    Wyatt, J.2
  • 74
    • 0001740117 scopus 로고
    • The effect of poison pill securities on shareholder wealth
    • Ryngaert, M. (1988) The effect of poison pill securities on shareholder wealth, Journal of Financial Economics 20, 377-417.
    • (1988) Journal of Financial Economics , vol.20 , pp. 377-417
    • Ryngaert, M.1
  • 75
    • 0008697531 scopus 로고    scopus 로고
    • Do firms mislead investors by overstating earnings before seasoned equity offeringš
    • Shivakumar, L. (2000) Do firms mislead investors by overstating earnings before seasoned equity offeringš Journal of Accounting and Economics 29, 339-370.
    • (2000) Journal of Accounting and Economics , vol.29 , pp. 339-370
    • Shivakumar, L.1
  • 76
    • 0030305172 scopus 로고    scopus 로고
    • Do stock prices fully reflect information in accruals and cash flows about future earningš
    • Sloan, R. G. (1996) Do stock prices fully reflect information in accruals and cash flows about future earningš Accounting Review 71, 289-315.
    • (1996) Accounting Review , vol.71 , pp. 289-315
    • Sloan, R.G.1
  • 77
    • 36649032314 scopus 로고    scopus 로고
    • How smart is smart money? An empirical two-sided matching model of venture capital
    • Sorensen, M. (2007) How smart is smart money? An empirical two-sided matching model of venture capital, Journal of Finance 62, 2725-2762.
    • (2007) Journal of Finance , vol.62 , pp. 2725-2762
    • Sorensen, M.1
  • 79
    • 0000370948 scopus 로고    scopus 로고
    • Earnings management and the long-run performance of initial public offerings
    • Teoh, S. H., Welch, I., and Wong, T. (1998a) Earnings management and the long-run performance of initial public offerings, Journal of Finance 53, 1935-1974.
    • (1998) Journal of Finance , vol.53 , pp. 1935-1974
    • Teoh, S.H.1    Welch, I.2    Wong, T.3
  • 80
    • 0000545801 scopus 로고    scopus 로고
    • Earnings management and the underperformance of seasoned equity offerings
    • Teoh, S. H., Welch, I., and Wong, T. (1998b) Earnings management and the underperformance of seasoned equity offerings, Journal of Financial Economics 50, 63-99.
    • (1998) Journal of Financial Economics , vol.50 , pp. 63-99
    • Teoh, S.H.1    Welch, I.2    Wong, T.3
  • 81
    • 33845790377 scopus 로고
    • Outside directors and CEO turnover
    • Weisbach, M. (1988) Outside directors and CEO turnover, Journal of Financial Economics 20, 431-460.
    • (1988) Journal of Financial Economics , vol.20 , pp. 431-460
    • Weisbach, M.1
  • 82
    • 0000095552 scopus 로고
    • A heteroscedasticity-consistent covariance matrix estimator and a direct test for heteroscedasticity
    • White, H. (1980) A heteroscedasticity-consistent covariance matrix estimator and a direct test for heteroscedasticity, Econometrica 48, 817-838.
    • (1980) Econometrica , vol.48 , pp. 817-838
    • White, H.1
  • 84
    • 84875859210 scopus 로고    scopus 로고
    • The effect of external monitoring on accrual-based and real earnings management: Evidence from venture-backed initial public offerings
    • Forthcoming
    • Wongsunwai, W. (2011) The effect of external monitoring on accrual-based and real earnings management: Evidence from venture-backed initial public offerings, Contemporary Accounting Research, forthcoming.
    • (2011) Contemporary Accounting Research
    • Wongsunwai, W.1
  • 85
    • 0030078208 scopus 로고    scopus 로고
    • Higher market valuation of companies with small boards of directors
    • Yermack, D. (1996) Higher market valuation of companies with small boards of directors, Journal of Financial Economics 40, 185-211.
    • (1996) Journal of Financial Economics , vol.40 , pp. 185-211
    • Yermack, D.1
  • 86
    • 0040238831 scopus 로고    scopus 로고
    • Good timing: CEO stock option awards and company new announcements
    • Yermack, D. (1997) Good timing: CEO stock option awards and company new announcements, Journal of Finance 52, 449-476.
    • (1997) Journal of Finance , vol.52 , pp. 449-476
    • Yermack, D.1
  • 87
    • 0001277064 scopus 로고
    • Insider ownership and the decision to go public
    • Zingales, L. (1995) Insider ownership and the decision to go public, Review of Economic Studies 62, 425-448.
    • (1995) Review of Economic Studies , vol.62 , pp. 425-448
    • Zingales, L.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.