• Journal of the Korea Academia-Industrial cooperation Society
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• v.13 no.3
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• pp.1035-1041
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• 2012

This paper examines the effects of fundamental variables on stock returns. Therefore, the major purpose of this study is to identify fundamental variables having a systematical effect on the stock return. The paper uses panel data analysis. We find that the results of regressions say that firm size, book-to-market ratio(B/M), earning-to-price ratio(E/P), cash flow-to-price ratio(C/P) can explain the differences in average returns across stocks.

• Proceedings of the Korea Water Resources Association Conference
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• 2023.05a
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• pp.124-124
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• 2023

본 연구에서는 태풍의 이동속도(TS), 상륙각도(LA) 및 연안 지형이 최대 해일고(MSH)에 미치는 복합적인 효과를 분석하기 위해, 이상적인 시나리오와 실제 규모의 사상에 대한 수치모의를 수행였으며. 이를 통해 태풍 진행시 연안을 따라 분포하는 최대 해일고의 일반적 특성을 도출하고자 한다. Delft3D-FM의 2차원 모델을 사용하여 수치모의를 진행하였으며, 모델 도메인은 태풍의 상륙 지점을 연안 중심에 위치시켜고 16km에서 1km까지 다중 해상도 격자로 구성하였다. 가상의 태풍은 다양한 TS와 LA 조건에 따라 생성되었고, TS는 기존의 태풍 사상들의 특성을 통계적으로 분석하여 유의한 범위에서 변화하도록 설정하는 반면, LA의 경우 0도에서 180도까지 15도 간격으로 변화시켰다. 또한, 연안형상과 해저 지형도 다양한 형태를 고려하였는데 해저 지형의 경우일정수심 혹은 여러 가지 대륙붕 폭을 지닌 지형, 다중 경사 지형 등이 고려되었다. 연안형상의 경우 형태 비율로 특징 지어지는 개방 연안과 만이 고려되었다. 총 763개의 이상적인 시나리오가 모의되었으며 그 결과 연안을 따라 MSH 분포를 분석하였다. 이상적인 시나리오에서 개발된 효과의 적용성을 검증하기 위해 다양한 TS와 LA 조건에서 역사적인 태풍 매미를 기반으로 현실적인 규모의 시나리오 모의가 실시되었다. 그 결과 빠르게 이동하는 TS가 개방 연안을 따라 분포하는MSH를 증폭시킨다는 사실을 재확인하는 등, 연안지형, 태풍의 특성에 따른 최대 푹풍해이고 변화에 대한 다양한 결과를 얻을 수 있었다.

• Journal of Korea Water Resources Association
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• v.49 no.11
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• pp.941-949
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• 2016

The flow characteristics of the broad-crested side weir considering the levee's side slope of main channel ($ES_{ch}$) was investigated through hydraulic experiment in order to estimate the discharge coefficient equation. For applicability to actual river, levee's side slope of main channel 1:0.5, 1:1 and 1:2 were selected. Experimental results show that the new estimated equation for the discharge coefficient including $ES_{ch}$ is reasonable and effective in actual applications by comparing estimated and measured discharge over side weirs. Through a multiple linear regression analysis the importance of variabes were ordered as $ES_{ch}$ > $h/y_u$ > $L/y_u$ > $Fr_u$. Especially the discharge coefficient equation without $Fr_u$ was suggested, and the high applicability was reviewed by comparing the measured and calculated overflow of broad-chested side weir.

• Journal of Korea Water Resources Association
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• v.34 no.4
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• pp.391-401
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• 2001

Several curvature parameters, solar radiation parameter and topographic flow generation parameters have been summarized and calculated to predict the spatial distribution of soil moisture content. The spatial distribution of soil moisture data can be obtained using Global Positioning System(GPS) and portable soil moisture monitoring equipment, Theta-Probe. Correlation analysis has been performed between the parameters of soil moisture prediction and measured data of soil moisture. Multiple regression analysis of soil moisture prediction shows the potential capability and limitations of existing methods of digital terrain analysis.

• Journal of the Korean Operations Research and Management Science Society
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• v.23 no.4
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• pp.97-109
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• 1998

In this paper, we propose a new approach to solve stochastic fluid flow models applied to the analysis of ceil loss of an ATM multiplexer. Existing stochastic fluid flow models have been analyzed by using linear differential equations. In case of large state space, however. analyzing stochastic fluid flow model without numerical errors is not easy. To avoid this numerical errors and to analyze stochastic fluid flow model with large state space. we develope a new computational algorithm. Instead of solving differential equations directly, this approach uses iterative and numerical method without calculating eigenvalues. eigenvectors and boundary coefficients. As a result, approximate solutions and upper and lower bounds are obtained. This approach can be applied to stochastic fluid flow model having general Markov chain structure as well as to the superposition of heterogeneous ON-OFF sources it can be extended to Markov process having non-exponential sojourn times.

• Proceedings of the Korea Water Resources Association Conference
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• 2007.05a
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• pp.1392-1396
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• 2007

The governing equations in generalized curvilinear coordinates for 3D laminar flow are the Incompressible Navier-Stokes (INS) equations with the artificial dissipative terms. and continuity equation discretized using a second-order accurate, finite volume method on the nonstaggered computational grid. This method adopts a dual or pseudo time-stepping Artificial Compressibility (AC) method integrated in pseudo-time. Multigrid methods are also applied because solving the equations on the coarse grids requires much less computational effort per iteration than on the fine grid. The algorithm yields practically identical velocity profiles and secondary flows that are in excellent overall agreement with an experimental measurement (Humphrey et al., 1977).

• The Journal of Information Technology
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• v.1 no.2
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• pp.209-227
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• 1998

This study examines the relation between accruals components of earnings and stock return. Earnings are decomposed into four components: discretionary accruals, nondiscretionary accruals, nondiscretionary income and cash flow from operations. Because reported earnings in financial statement consist of cash flow from operations plus total accruals. We decompose total accruals into a discretionary accruals and a nondiscretionary accruals separately, This paper examines the incremental informational content of discretionary accruals and nondiscretionary accruals components of net income by regressing return on earnings'components in multivariate models. The empirical analysis is conducted on a sample of 1,580 firm-years comprising 158 firms during 1984-1995. Discretionary accruals are obtained by decomposing total accruals into discretionary and nondiscretionary accruals components, using a pooled variation of the Jones model(1991). These findings suggest that the discretionary accruals(measured using a variation the Jones model) is priced by the stock market. Specifically, the discretionary accruals and cash flow from operations are positively associated with the stock return, and also nondiscretionary income, discretionary accruals are positively associated with the stock return. While this result is consistent with the market prices the discretionary accruals because it captures value-relevant information. Additional test report evidence consistent with nondiscretionary accruals conveying information about the stock return.

• The Journal of Information Technology
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• v.7 no.3
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• pp.19-36
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• 2004

This study examines the relation between accruals components of earnings and stock return. Earnings are decomposed into four components: discretionary accruals, nondiscretionary accruals, nondiscretionary income and cash flow from operations. Because reported earnings in financial statement consist of cash flow from operations plus total accruals. We decompose total accruals into a discretionary accruals and a nondiscretionary accruals separately. This paper examines the incremental informational content of discretionary accruals and nondiscretionary accruals components of net income by regressing return on earnings' components in multivariate models. The empirical analysis is conducted on a sample of 1,580 firm-years comprising 158 firms during 1991-2003. discretionary accruals are obtained by decomposing total accruals into discretionary and nondiscretionary accruals conponents, using a pooled variation of the Jones model(1991). These findings suggest that the discretionary accruals(measured using a variation the Jones model) is priced by the stock market. Specifically, the discretionary accruals and cash flow from operations are positively associated with the stock return, and also nondiscretionary income, discretionary accruals are positively associated with the stock return. While this result is consistent with the market prices the discretionary accruals because it captures value-relevant information. Additional test report evidence consistent with nondiscretionary accruals conveying information about the stock return.

• Journal of Korea Multimedia Society
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• v.3 no.1
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• pp.63-76
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• 2000

Most work done in CSCW (Computer Supported Collaborative Work) system has been targeted toward supporting the exchange of documents or messages among group members, and yet support for cognitive aspects such as group organization, division and merge of work, and work flow control. The objective of the study is to provide CSCW environment for the engineering design process such as CAD (Computer Aided Design) and CASE (Computer Aided Software Engineering). The proposed DCWA (Distributed Collaborative Writing Aid) system suggests a mechanism that unifies the group organization, work division, and work flow control in the CAO, CASE, and software simulation tool. In particular, CAD relates the group and work partition by providing expressing the relation of drawing object (e.g., binding, attachment, and proportional scaling) which is owned by different members of group, and CASE combining with the simulation tool supports the flexibility of the work flow control. Simulating the prototype before manu-facturing a product can reduce time and cost in development.

• Journal of Korea Water Resources Association
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• v.37 no.1
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• pp.31-41
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• 2004

A soil moisture measuring method of hillslope for Korean watershed is developed to configure spatial-temporal distribution of soil moisture. Intensive surveying of topography had been performed to make a digital elevation model(DEM). Flow distribution algorithms were applied and a measurement system was established to maximize representative features of spatial variation. Soil moisture contribution mechanisms of rainfall-runoff process have been derived. Measurements were performed at the right side hillslope of Buprunsa located at the Sulmachun watershed. A Multiplex system has been operated and spatial-temporal soil moisture data have been acquired. Relatively high correlation relationship between flow distribution algorithm and measurement data can be found on the condition of high humidity.