• Title/Summary/Keyword: 전통적 가설

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사채차환(社債借換)이 보통주(普通株)의 수익률(收益率)과 기업(企業)의 위험(危險)에 미치는 영향(影響)에 관한 실증적(實證的) 연구(硏究)

  • Gu, Ja-Gyun
    • The Korean Journal of Financial Management
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    • v.9 no.2
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    • pp.295-342
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    • 1992
  • 전통적으로 기업이 사채차환(社債借換)(bond refunding)을 행하는 이유는 시장이자율이 발행이 자율보다 낮은 경우 단순히 이자비용을 절감하려는데에 그 동기가 있었다. 이러한 전통적인 이자 비용절감이라는 동기외에 타동기에 대해서 사채차환이 주가수익율과 회사의 위험에 미치는 영향에 관한 실증적인 분석은 거의 없었다고 할 수 있다. 본 연구에서는 사채차환에 대해서 (1) 만기연장가설(滿期延長假說), (2) 이자비용절감가설(利子費用節減假說), (3) 세금절감가설(稅金節減假說), (4) 주당순리익가설(株當純利益假說), (5) 제한조항완화가설(制限條項緩和假說) 및 (6) 레버리지가설(假說)등 6가지의 가설(假說)을 계시하고 사채차환(私債借換)의 공표가 보통주수익율과 위험에 미치는 일반적인 영향을 위의 여섯가지 가설하에서 검증을 하였다. 본 연구의 결과 전통적인 이자비용절감 가설은 주식 가격에 음의 영향을 미치는 것으로 나타난 반면, 오히려 세금절감가설이 강하게 지지되었다. 또한 세금절감을 위한 사채차환이 공표되는 경우 주식베타 및 총수익율분산은 Hamada (1969, 1972)의 견해와 같이 유의적인 양의 변화가 나타났다. 부수적으로 외생변수로서의 기업규모는 초과수익과 역의 관계가 나타났으며, 사채차환의 규모효과가 존재한다는 것을 확인하였다. 본 연구의 다양한 사채차환가설의 초과수익예측이 상호배타적이지는 않으나 시장모형의 베타로 측정되는 주식위험의 변화를 도입하는 경우 이러한 가설들의 효과를 명백히 분리시킬 수 있게 된다. 따라서 횡단면 분석시 전통적인 잔차분석방법에 추가적으로 주가베타 및 총수익율분산을 종속변수로 사용했다는 것이 본 연구의 중요한 공헌이라 하겠다.

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Application of the Triple Abduction Model for Improving the Skills of Scientific Hypothesis Generation (과학적 가설의 생성력 향상을 위한 삼원귀추모형의 적용)

  • Jeong, Jin-Su;Won, Hee-Jung;Kwon, Yong-Ju
    • Journal of The Korean Association For Science Education
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    • v.25 no.5
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    • pp.595-602
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    • 2005
  • The purpose of this study was to test effects of the Triple Abduction Model (TAM) for improving the skills of scientific hypothesis generation in science learning. Twenty-six students were selected for the TAM group and 27 others were selected for a traditional group from one high school. Researchers developed and administered 10 TAM and traditional-style activities. The degree of hypothesis explanation was evaluated during the experimental treatment. Each Subjects' ability in scientific hypothesis generation was assessed by the Science Knowledge Generation Test A and B. Test A was used as a protest and B for a posttest. The results of this study revealed that the degree of hypothesis explanation of TAM was significantly higher than the degree of the traditional group, and the mean of the TAM group was equal to the mean of traditional group on the pretest. Additionally, the mean of the TAM group was significantly higher than the mean of the control group on the posttest. Therefore, instruction with TAM was more effective than the instruction using traditionals method for increasing students' hypothesis generation skills.

An Analysis on the Effects of Economic Growth and Environmental Pollution by Openness (개방화가 한국의 경제성장과 환경오염에 미치는 영향 분석)

  • Cho, Sung Taek;Cho, Yongsung
    • International Area Studies Review
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    • v.13 no.3
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    • pp.269-286
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    • 2009
  • The aim of the paper is to study environmental impacts of openness and trade in korea, and analyze the relationships between trade, development and environment. This study established endogenous determinants such as inflow FDI, level of environmental pollution and economic growth, and assumed a proposition that each individual variables are in two-way relationships among the three key variables such as the openness, the environment and GDP. To estimate a system of equations, a simultaneous equation model is used because the simultaneity problems are formidable. The results show that the more openness and economic growth increase, the more level of environmental quality improve. This study also found that FDI and openness, and economic growth bring along the level of environmental quality.

Influence of Satisfaction Factors of Traditional Village Visitor on Whole Satisfaction and Behavior Intention -Focusing on Oeam Maul in Asan- (전통마을 방문객 만족요인이 전반적 만족도와 행동의도에 미치는 영향 -아산 외암 마을을 대상으로-)

  • Lee, Jong-Joo
    • The Journal of the Korea Contents Association
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    • v.13 no.3
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    • pp.402-413
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    • 2013
  • A traditional house or a traditional village experience has been on the rise as a form of experiential cultural tourism. But the Oeam folk village, a experiential cultural tourist destination representing Chungcheng-do seems to confront the stagnancy in the part of growth. It has to grow in two sides of quantity and quality. On the ground of this critical mind, 3 assumptions were established after analyzing previous studies. Additionally, market segmentation using satisfaction factors was practiced. In order to verify assumptions, A questionnaire was made and a survey was practiced. Out of statistic analyses, cluster analysis was practiced to do market segmentation targeting people who visit Oeam folk village and regression analysis to verify established assumptions. The assumption 1 was adopted that satisfaction factors influence whole satisfaction. The assumption 2 was partly adopted that satisfaction factors(sightseeing efficiency, sightseeing convenience, traditional house and experience factor) except food and souvenir factor influence behavior intention. The assumption 3 was adopted that whole satisfaction influences behavior intention. These were similar with the results of previous studies. As the result of cluster analysis to confirm the difference of demographic characteristics according to the market, 2 clusters was classified and classified clusters showed the difference of demographic characteristics.

우리나라의 지역간 인구이동에 있어서 소득격차 가설 검정

  • 윤석범
    • Journal of the Korean Statistical Society
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    • v.6 no.1
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    • pp.47-63
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    • 1977
  • 인구가 성장한다는 사실과 함께 인구가 지역적으로 이동하는 현상은 사회과학에 있어서 중요한 연구대상이 되어왔다. 전통적으로 인구의 동학적 측면은 사회학의 주된 연구대상이 되어왔으며 근래에는 인구학(demography)이라는 새로운 독립과학의 분과로서 더욱 이 분야에서의 연구의 심도와 폭이 확대되었다. 그러나 인구의 동학적 측면을 인간의 경제형태의 일환으로 관찰할 수 있는 기회와 가능성이 점차적으로 크게 부각되자 전통적인 경제이론을 적용함으로써 이러한 문제를 분석/구명하고자 하는 동향이 나타나게 되었다. 특히 인구의 단기적 지역간 이동이 경제사회의 질적인 변화와 이에 따르는 산업구조간의 노동력 균형의 재조정에 따라 원인되고 있다는 사실은 인구의 동학적 측면에 경제학적 분석이 당연히 이루어져야 한다는 요구를 초래시키기에 이르렀다.

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내부적 독립성에 대한 기하적 검정통계량

  • 김기영;전명식;이광진
    • Communications for Statistical Applications and Methods
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    • v.2 no.1
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    • pp.166-175
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    • 1995
  • 내부적 독립성 가설에 대해 전통적인 우도비원리 하에서 나온 검정통계량과 합교원리하에서 나온 검정통계량들에 대한 자료분석적인 측면에서의 대안으로서 기하적 관점에서 유래된 하나의 heuristic 검정통계량이 제안된다. 아울러 기존 검정통계량들의 기하적 의미들도 살펴보았다. 나아가 제안된 검정통계량의 특성 및 점근분포를 유도하였으며, 모의 실험을 통하여 기존 검정통계량들과의 검정력을 비교한다.

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Application Effects of Biology Modules for Improving Science High School Students' Creativity and Scientific Thinking (과학고 학생들의 창의력과 과학적 사고력 향상을 위한 생물 실험 모듈의 적용 효과)

  • Yoon, Deog-Geun;Kim, Sung-Ha;Cha, Hee-Young;Lee, Kil-Jae;Chung, Wan-Ho
    • Journal of The Korean Association For Science Education
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    • v.24 no.3
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    • pp.556-564
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    • 2004
  • Two biology modules were developed previously for the purpose of improving creativity and scientific thinking of secondary school students. A hypothetical-deductive experimental procedure was reflected in the module when students themselves can perform a series of activities of making hypothesis and designing an experiment to solve the questions. They followed a series of scientific processes to determine some characteristics regarding plant pigments and the transport process of materials in living organisms. Four classes of 9th graders in'S' Science High School were divided into the experimental and the control group. The same contents of the modules were taught to the control group by the traditional experimental way. The students' creativity, scientific thinking, scientific inquiry skill and knowledge achievement were examined before and after the interventions. As results, the experimental groups showed more significant improvement on the areas of the students' creativity, scientific thinking, scientific inquiry skill and achievement than the control groups. Results indicated that the specially designed modules in terms of hypothetical-deductive experimental procedure were effective to improve science high school students' creativity and scientific thinking abilities.

The Effect of the Design Type of Outdoor Advertising Signboard in Traditional Markets (전통재래시장 옥외광고물의 디자인 형태에 따른 영향)

  • Lee, Young-Woo
    • The Journal of the Korea Contents Association
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    • v.21 no.2
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    • pp.520-527
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    • 2021
  • In this study, we focused on the low practicality of traditional outdoor advertisements due to uniformity of materials, shapes, and designs, so in order to improve it, we will analyze impact on the practicality of outdoor advertisements depends on the attached type of advertising signboards. The research method is to set up a research model and hypotheses through a literature review and conduct a survey and then perform factor analysis and hierarchical regression analysis. Hypothesis1. The evaluation factors (readability, formability or symbolism) of outdoor advertising signboard in traditional markets will affect their practicality. Hypothesis 2. The type of attached advertising signboards (protruding type or wall-type) in traditional markets will control the impact of each evaluation factors' on practicality. In a result, readability and formability will affect practicality. To increase practicality, the size, color, font, layout and etc. of outdoor advertising signboards should be well recognized to get the better understanding. Also, practicality will be increased by the harmonization and the sense of balance.

Effects of various support programs on the development of traditional performing arts industry (전통공연예술단체 발전요소에 따른 지원의 효과 연구)

  • Kim, Myungho;Park, Jeong-Bae
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.11
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    • pp.7831-7837
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    • 2015
  • In order to understand how various support programs affect the development of traditional performing arts, I used descriptive statistics and multivariate statistics analysis on 267 surveys. I estimated relationship between item-whole by calculating mean and standard deviation. This will help us comprehend effects of the variables. Cronbach alpha coefficient, a measure of internal consistency, exceeded 0.7, indicating that reliability is satisfactory. I have established one main hypothesis and four sub-hypothesis to identify the relationship between support programs and the performing arts more clearly. The result supports that the support programs do have effects on the performing arts. However, there are not enough researches done on this subject, and additional researches are needed in order to systemize relevant theories and the development of performing arts industry.

Analysis of WBI Effects in Learning Poem (WBI가 시 학습에 미치는 효과 분석)

  • Kim, Dong-Hwan;Chung, Jae-Yeul
    • The Journal of Korean Association of Computer Education
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    • v.5 no.4
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    • pp.99-109
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    • 2002
  • The purpose of the research undertaken for this paper was to demonstrate the effects of WBI on students' achievement and their reactions. WBI was adapted for use on the lesson Theme of Poems in Korean textbook for Middle School second graders. Hypothesis 1 was that there would be meaningful differences in students' achievement between the experimental group using WBI and the controlled group in a traditional instructive class. And the statistical calculations showed that the experimental group produced larger numbers in terms of both the average and standard deviation. Hypothesis 2 was that there would be the more highly rated outcomes from the experimental group applying WBI for students' interest, understanding, and concentration. The responses to a Questionnaire concerning stated items showed significant differences in favor of WBI class. Based on these analyses, this thesis represents an effort to potential application of WEI to learning of Poems, in light of research evidence that reveals its respective effect to further students' achievement and interest.

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