• Title/Summary/Keyword: 등급

Search Result 6,310, Processing Time 0.038 seconds

Determinants of Investment or Speculative Grades (투자등급과 투기등급의 결정요인 분석)

  • Kim, Seokchin;Jung, Se Jin;Yim, Jeongdae
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.12 no.1
    • /
    • pp.133-144
    • /
    • 2017
  • This study investigates firm-specific financial variables that determine investment or speculative grades from the viewpoint of firms, which are one of the major stakeholders related to the credit rating. We employ an ordered probit model for our analysis with the sample data from 1999 to 2015 for listed firms in the Korean stock markets. For investment grades, operating margin, sales, market-to-book, dividend payment, capital expenditure ratio, and tangible asset ratio have a significantly positive impact on credit ratings. In the subsample for speculative grades, the coefficients of the dividend payment, retained earnings ratio, and capital expenditure ratio are significantly positive while short-term debt ratio and R&D expenditures have a significantly negative impact on credit ratings. For the analysis before and after 2009, when the Credit Information Use and Protection Act was strengthened after the global financial crisis, the coefficients of the capital expenditure ratio, cash ratio, and tangible asset ratio are significantly positive in the subsample for investment grades before 2009, but not significant after 2010. The coefficient of the long-term debt ratio is more significantly negative than that of the short-term debt ratio before 2009, for speculative grades, but short-term debt ratio has a more negative effect on ratings than long-term debt ratio after 2010. Surprisingly, the coefficient of the R&D expenditures is significantly negative in both investment and speculative grades since 2010. Our findings are inconsistent with the conjecture that the increase in R&D expenditures enhances the possibility of creating cash-flow by raising the investment growth opportunity, and thus affects positively the credit rating.

  • PDF

An indicator for managing the regional variations in approval rates of long-term care (LTC) service (지역별 장기요양 인정의 차이 관리지표 개발)

  • Han, Eun-Jeong;Lee, JungSuk;Park, Seyoung;Jang, Soomok;Jung, Inkyung
    • The Korean Journal of Applied Statistics
    • /
    • v.30 no.3
    • /
    • pp.391-401
    • /
    • 2017
  • This study develops an indicator to manage regional variations of approval rates for long-term care (LTC) service. We used LTC insurance data for grade assessment that include 433,155 applicants from 227 LTC centers across Korea in 2015. The approval rate for each center was defined as the proportion of the numbers of approved applicants out of all applicants. We assumed that the approval rates depended on the characteristics of applicants. We estimated the 'standard' approval rates from a multiple linear regression analysis using the characteristics of applicants as independent variables. The difference between the observed and the standard rates was then defined as an indicator for deviation. A center having a large difference could be considered as a center with a potential error in grade assessment. We also examined if the characteristics of investigators affected the approval rates. We found that the socio-demographic characteristics of applicants and reapplication rate for LTC grade were independent factors affecting the approval rates. Centers having the management indicator values falling outside the middle 95% of the distribution were identified as centers with an error in grading. We expect that this study will contribute to enhancing reliability and equity in LTC grading.

Convalescent Hospital Doctors and Nursing Staff Awareness of the Differential Rating : Focused on Doctors, Nursing Staff (요양병원 의사 및 간호인력 차등등급에 따른 인지도 - 의사, 간호인력 중심으로)

  • Kim, Byung-Ho;Park, Young-Seok
    • The Journal of the Korea Contents Association
    • /
    • v.15 no.12
    • /
    • pp.285-293
    • /
    • 2015
  • This study was performed in order to provide better quality health care services and satisfaction, the basis for the differential rating system to be operational by identifying how to recognize and respect in hospital operating efficiently and according to the rating differential with convalescent hospital doctors and nursing staff target was. The results of this study are as follows. Rating and doctors as a result of the independent sample t-test to analyze the differences of the nursing grade, second grade doctors were able to see that higher efficiency and improve the patient's rights organization in nursing improving patient safety in two grades, improve care and patient rights this product was confirmed to be enhanced higher. Doctor and as a result of the ANOVA analysis to analyze the differences in accordance with the nursing staff level, improve patient safety, hospital finances, the hospital doctor in the first grade, Nursing grade 2, the right to improve patient education and self-development, and two doctors, nursing grade 1 in was found that high. Overall, doctors, nursing staff of higher grade, first grade and second grade is the difference between me and a different result each category future convalescent hospital doctors and nursing staff of the differential rating system 1, it is necessary to consider restructuring among a calculation based on 2 ratings there will be.

The Analysis of Relevance of Vocabulary Used in the 'Water' unit of Chemistry I Textbook (화학 I 교과서의 "물"단원에 사용된 어휘의 적절성 분석)

  • Kim, Ji-Young;Cho, Mi-Ju;Goo, Mi-Na;Park, Jong-Seok
    • Journal of the Korean Chemical Society
    • /
    • v.54 no.4
    • /
    • pp.471-478
    • /
    • 2010
  • This study analyzed the vocabulary level in the 'Water' unit of chemistry I textbook. It also analyzed its relevance to the 11th graders' vocabulary level. The main tool for analyzing vocabulary level was SWA(Science Word Analysis) program which was referenced the Standard Korean Dictionary and Graduated Vocabulary of Korean Language Education. The results in this study turned out to be as follows: The distribution of scientific vocabulary level increased from Level-1 to Level-3 and showed a tendency to decrease from Level-3 until Level-5. The average percentage of Out of level is the largest as 37%. The highest percentage of non-scientific vocabulary was Level-1. The distribution of non-scientific vocabulary level decreased progressively. The Level-5 and Out of level are used 18% averagely. So, there are 6 vocabularies of Level-5 and 82 vocabularies of extra-level inappropriate in scientific vocabularies. And there are 53 vocabularies of Level-5 and 145 vocabularies of Out of level inappropriate in non-scientific vocabularies. Therefore, the overall state of textbooks for grade 11 students are reasonable. But there are a great many vocabularies inappropriate for them. Those should be used minimum, and to be changed to the 1-4 of level vocabulary as stated in the student's level of understanding of appropriate vocabulary.

Problems and Improvement of Game Rating System - Focused on IARC member Countries (게임물 등급 제도의 문제점과 개선방안 모색 - IARC 가입국을 중심으로)

  • Kim, Dae-wook
    • The Journal of the Convergence on Culture Technology
    • /
    • v.5 no.2
    • /
    • pp.321-327
    • /
    • 2019
  • This study aims to investigate the transition of the game rating system in Korea and to search for problems and improvement measures in the era of IARC game grade review. IARC(International Age Rating Coalition) is an International Classification Alliance, with 37 member organizations from 6 countries. In addition, IARC grants participating store-fronts autonomy to review game ratings. The method of deliberating games in Korea is proceeding with direct review by rating system and deliberation by IARC's own classification system. The problem of the rating system of the game is that the civilian becomes the subject, it relies on the questionnaire, and its side effects are caused by its own classification system. IARC guidelines can be developed to improve the game rating system, education on penalties and ratings for game developers, and management of participating front-stores. In conclusion, it may be dangerous to delegate rating authority to open market, and it is necessary to construct a discussion forum for ratings, including government and industry, game developers, users, and parents of under-age gamers. It is necessary to create a rating system for the game environment in Korea.

The Effects of Parental Media Mediation Types on Adolescents' Perception of the Usefulness of the Broadcasting Rating System (부모의 미디어 중재유형이 청소년의 방송프로그램 등급제 실효성 인식에 미치는 영향)

  • Song, Wonsook;Shim, Jae Woong
    • The Journal of the Korea Contents Association
    • /
    • v.16 no.9
    • /
    • pp.386-395
    • /
    • 2016
  • The aim of the study was to explore the effects of parental media mediation types on adolescents' perception of the usefulness of the broadcasting rating system. A total of 520 middle school students participated in the survey. Results showed a higher utility of 'autonomy-supportive restriction' strategy by the parents led to more positive perception of the usefulness of the rating system. This study argues that parents need to pursue a mediation strategy in which a rationale for prohibiting media contents use should be provided and in which the perspective of the adolescent is taken seriously.

The study for grading the area damaged by forest fire using LiDAR and digital aerial photograph (LiDAR 및 디지털항공사진을 이용한 산불 피해지의 등급화에 관한 연구)

  • Kwak, Doo-Ahn
    • Proceedings of the KSRS Conference
    • /
    • 2008.03a
    • /
    • pp.187-194
    • /
    • 2008
  • LiDAR는 일반 항공사진 및 위성영상과는 달리 사물의 높이를 측정할 수 있어 산림의 3차원 모델링을 수행할 수 있다. 본 연구에서는 이러한 LiDAR의 특성을 이용하여 산불이 발생한 강원도 양양지역 산림의 물리적 피해를 분석하였으며, 디지털 항공사진으로부터 Normalized Difference Vegetation Index (NDVI)를 추출하여 산림의 생물학적 피해를 분석하였다. 산림의 물리적 피해는 임관의 피해정도에 따라 지표면에서 반사되는 Point Data의 개수의 비율로서 추정을 하였다. 피해정도의 고저(高低)를 구분하는 기준은 통계적 방법 (Jenk's Natural Break) 으로부터 추정된 0.3594을 사용하였으며, 지표면 반사비율이 0.3594 이상인 경우 물리적 피해정도를 고(高, Serious Physical Damage; SPD), 지표면 반사비율이 0.3594 이하인 경우 물리적 피해정도를 저(低, Light Physical Damage; LPD)로 나타내었다. 또한 생물학적 피해는 일반적인 NDVI 값의 범위(-1

  • PDF

The study for grading of the mudflat by birds (조류에 의한 갯벌의 등급화 연구)

  • Lee, Ki Sup;Kim, Mi Ran;Lee, Si Wan;Lee, Han Soo
    • Journal of Wetlands Research
    • /
    • v.6 no.1
    • /
    • pp.105-115
    • /
    • 2004
  • This study was carried out to grade and evaluate the intertidal mudflat by birds. The mudflat was graded by two methods such as the scoring and ranking. First, for the scoring of the mudflat, five factors were estimated; population size, the number of protected species, the individuals of protected birds, the number of species(or subspecies) over 1% level of the survival population, and 1% level of the domestic population. After scoring of these five factors, the grade was scored by total. Second, for the ranking, six factors were estimated; population size, the density of birds, the index of species diversity, species richness, species evenness, and population stability. After ranking of these six factors, the grade was relatively ranked. Five grade by scoring was the important mudflat for the value of international preservation, and the most mudflats of the estuary gained V grade. The higher grades by ranking were the mudflats of Nakdonggang and Mankyunggang river estuaries. And the inner mudflats were more valuable than the outer mudflats in Mankyunggang & Dongjingang river estuaries. The grading of the mudflat by birds can be used for estimating and appointing of the important mudflats, and suggested the objective of criteria for the effective preservation and management.

  • PDF

Quality Characteristics of Sausage Prepared with Mugwort Powder and Different Carcass Grade (돈육 도체등급 및 쑥 분말 첨가에 따라 제조된 소시지의 품질 특성)

  • 현재석;문윤희;강세주;김종기;정인철
    • Food Science of Animal Resources
    • /
    • v.23 no.4
    • /
    • pp.292-298
    • /
    • 2003
  • This study was carried out to clarify the effect of addition of mugwort powder and carcass grade on the quality and palatability of pork sausage. Pork sausage was prepared by four type such as grade B pork sausage without mugwort(A), grade B pork sausage with mugwort(B), grade E pork sausage without mugwort(C) and grade E pork sausage with mugwort(D). The chemical composition, calorie, water holding capacity, pH, residual nitrite, surface color, textural properties, free amino acid and sensory characteristics were evaluated. Moisture and crude ash were not significantly different among sausage. Crude fat of grade B sausage was higher than that of grade E sausage, and crude protein of grade E sausage was higher than that of grade B sausage. The calorie, water holding capacity and pH were not significantly different among four types of sausage, and the residual nitrite of sausage with mugwort powder was significantly lower than that of sausage without mugwort powder. In case of Hunter's L$\^$*/ value, grade B sausage was higher than that of grade E sausage. In case of Hunter's a$\^$*/ value, grade E sausage was higher than that of grade B sausage, and Hunter's b$\^$*/ value was not significantly different among sausage types. Textural properties, hardness, cohesiveness and chewiness were not significantly different among sausage types, but springiness of grade B sausage was higher than that of grade E sausage. The gumminess of grade B sausage with mugwort powder was lowest among sausage types. Free amino acids of A, B, C and D sausage were 0.603, 0.515, 0.618 and 0.531%, respectively. Sensory color, juiciness and palatability were not significantly different among sausage types, but color, taste and texture of grade B sausage were superior to grade E sausage, and those of sausage without mugwort powder were superior to the sausage with mugwort powder.

Effects of Crown Diameter on Plant Growth and Fruit Yield in Strawberry (Fragaria × ananassa Duch.) (딸기 묘의 크라운 크기가 정식 후 식물체 생육 및 과실 수량에 미치는 영향)

  • Kang, Ho-Jong;Song, Hyun-Jin;Park, Soo-Jeong;Kim, Zhoo-Hyeon;Lee, Sang-Woo
    • Journal of agriculture & life science
    • /
    • v.45 no.4
    • /
    • pp.81-86
    • /
    • 2011
  • This study was conducted to evaluate the influence of crown diameter on plant growth after planting and fruit yield. All nursery plants were classified into three classes: A, > 9 mm; B, 8~9 mm; C, < 8 mm. The A-class nursery plant plot showed better root and plant growth after planting compared to the B-class and C-class nursery plants. The A-class nursery plant plot was 10 days faster in first flowering time then those of the B-class and the C-class. Also, the A-class nursery plant plot was 2~3 days faster in the mean flowering time. The accumulative yield of the A-class nursery plant plot was 481 g per plant, that of the B-class was 445 g, and the C 422 g, which the nursery plant plot of A-class yielded more 8.1% and 13.9% respectively than B-class plot and C-class plot per plant. In early yield of to February; A-class nursery plant plot showed 23.3% higher yield than B-class nursery plant plot, and 39.1% higher the C-class nursery plant.