• 제목/요약/키워드: Analyst Following

검색결과 15건 처리시간 0.019초

Assessment of liquefaction potential of the Erzincan, Eastern Turkey

  • Duman, Esra Subasi;Ikizler, Sabriye Banu;Angin, Zekai;Demir, Gokhan
    • Geomechanics and Engineering
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    • 제7권6호
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    • pp.589-612
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    • 2014
  • This study includes determination of liquefaction potential in Erzincan city center. Erzincan Province is situated within first-degree earthquake zone on earthquake map of Turkey. In this context, the earthquake scenarios were produced using the empirical expressions. Liquefaction potential for different earthquake magnitudes (6.0, 6.5, 7.0) were determined. Liquefaction potential was investigated using Standard Penetration Test (SPT). Liquefaction potential analyses are determined in two steps: geotechnical investigations and calculations. In the first steps, boreholes were drilled to obtain disturbed and undisturbed soil samples and SPT values were obtained. Laboratory tests were made to identify geotechnical properties of soil samples. In the second step, liquefaction potential analyses were examined using two methods, namely Seed and Idriss (1971), Iwasaki et al. (1981). The liquefaction potential broadly classified into three categories, namely non-liquefiable, marginally liquefiable and liquefiable regions. Additionally, the liquefaction potential index classified into four categories, namely non-liquefiable, low, high and very high liquefiable regions. In order to liquefaction analysis complete within a short time, MATLAB program were prepared. Following the analyses, liquefaction potential index is investigated by Iwasaki et al. (1982) methods. At the final stage of this study, liquefaction potential maps and liquefaction potential index maps of the all study area by using IDW (inverse distance weighted) interpolation method in Geostatistical Analyst Module of ArcGIS 10.0 Software were prepared for different earthquake magnitudes and different depths. The results of soil liquefaction potential were evaluated in ArcGIS to map the distributions of drillings with liquefaction potential. The maps showed that there is a spatial variability in the results obtained which made it difficult to clearly separate between regional areas of high or low potential to liquefy. However, this study indicates that the presence of ground water and sandy-silty soils increases the liquefaction potential with the seismic features of the region.

경영자 능력이 재무분석가 이익예측 정보에 미치는 영향 (The Effect of Managerial Ability on Analysts' Earnings Forecast)

  • 박보영
    • 경영과정보연구
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    • 제35권4호
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    • pp.213-227
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    • 2016
  • 본 연구는 경영자의 능력이 자본시장에서의 정보비대칭 현상에 미치는 영향을 살펴보았다. 이를 위해, 2000년부터 2013년까지 유가증권 시장에 상장된 2,246개 기업-연도 표본을 대상으로 경영자의 능력이 정보비대칭 변수의 대용치인 재무분석가의 이익예측 정보에 어떠한 영향을 미치는지를 분석하였다. 분석을 위해, Demerjian et al. (2012)의 방법에 따라 DEA(Data Envelopment Analysis)를 이용하여 경영자의 능력을 측정하였고, 이렇게 측정된 경영자의 능력 변수와 재무분석가의 이익예측 오차(error) 및 편의(bias) 변수와의 관계를 분석하였다. 분석결과, 경영자의 능력이 뛰어날수록 재무분석가의 이익예측오차가 감소하였고, 재무분석가의 낙관적인 이익예측편의 또한 감소하는 것으로 나타났다. 본 연구는 경영자의 높은 능력으로 인한 회계정보의 질적 향상이 자본시장에서 정보비대칭 현상을 감소시켰음을 보여주었다는 점에서 공헌점을 가진다.

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In vivo assessment of accuracy of Propex II, Root ZX II, and radiographic measurements for location of the major foramen

  • Tampelini, Fernanda Garcia;Coelho, Marcelo Santos;de Azevedo Rios, Marcos;Fontana, Carlos Eduardo;Rocha, Daniel Guimaraes Pedro;Pinheiro, Sergio Luiz;da Silveira Bueno, Carlos Eduardo
    • Restorative Dentistry and Endodontics
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    • 제42권3호
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    • pp.200-205
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    • 2017
  • Objectives: The aim of this in vivo study was to assess the accuracy of 2 third-generation electronic apex locators (EALs), Propex II (Dentsply Maillefer) and Root ZX II (J. Morita), and radiographic technique for locating the major foramen (MF). Materials and Methods: Thirty-two premolars with single canals that required extraction were included. Following anesthesia, access, and initial canal preparation with size 10 and 15 K-flex files and SX and S1 rotary ProTaper files, the canals were irrigated with 2.5% sodium hypochlorite. The length of the root canal was verified 3 times for each tooth using the 2 apex locators and once using the radiographic technique. Teeth were extracted and the actual WL was determined using size 15 K-files under a ${\times}25$ magnification. The Biostat 4.0 program (AnalystSoft Inc.) was used for comparing the direct measurements with those obtained using radiographic technique and the apex locators. Pearson's correlation analysis and analysis of variance (ANOVA) were used for statistical analyses. Results: The measurements obtained using the visual method exhibited the strongest correlation with Root ZX II (r = 0.94), followed by Propex II (r = 0.90) and Ingle's technique (r = 0.81; p < 0.001). Descriptive statistics using ANOVA (Tukey's post hoc test) revealed significant differences between the radiographic measurements and both EALs measurements (p < 0.05). Conclusions: Both EALs presented similar accuracy that was higher than that of the radiographic measurements obtained with Ingle's technique. Our results suggest that the use of these EALs for MF location is more accurate than the use of radiographic measurements.

디지털증거분석실의 도구·장비 구축 방안에 관한 연구 (A Study on the Methods of Building Tools and Equipment for Digital Forensics Laboratory)

  • 신수민;박현민;김기범
    • 융합보안논문지
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    • 제22권5호
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    • pp.21-35
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    • 2022
  • 디지털 정보는 정보통신의 발달로 지속적으로 증가 및 다양화되는 추세이며, 이를 악용한 범죄 또한 증가하고 있다. 하지만, 국내의 디지털증거에 대한 처리 및 분석을 위한 환경 구축 사례는 미비한 실정이다. 조직마다 할당된 예산이 상이하고 고질적인 문제인 공간 확보의 어려움을 해소하지 못한 상태에서 구축된 디지털증거분석실은 초기 구성단계에서부터 참조할 수 있는 기준이 없다. 본 논문은 디지털증거분석실 구축 시에 필요한 사항을 도구·장비 중심으로 탐색적 연구를 진행하였다. 연구방법으로 디지털증거분석실 구축 경험 또는 디지털포렌식 분야 근무 경험이 풍부한 전문가 15명을 대상으로 포커스 그룹 인터뷰를 수행하였다. 그 결과 네트워크 구성, 분석관 컴퓨터, 개인 도구·장비, 이미징 장치, 전용 SW, 오픈소스 SW, 공용 도구·장비, 액세서리, 기타 고려사항의 9가지 영역에 대해 전문가들의 의견을 수렴하고 디지털증거분석실의 도구·장비 목록을 도출하였다. 나아가 디지털증거분석실 구축 발전방안으로 공간/도구·장비 목록표준화, 디지털포렌식 도구·장비 민간 지원·위탁 체계 수립, 미래 디지털증거분석실 인프라 구조를 제시하였다. 이는 향후 디지털포렌식 기능을 신설하고 디지털증거분석실을 구축하고자 하는 기관/조직이 도구·장비 및 인프라 설계 등에 기여할 것이다.

Informative Role of Marketing Activity in Financial Market: Evidence from Analysts' Forecast Dispersion

  • Oh, Yun Kyung
    • Asia Marketing Journal
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    • 제15권3호
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    • pp.53-77
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    • 2013
  • As advertising and promotions are categorized as operating expenses, managers tend to reduce marketing budget to improve their short term profitability. Gauging the value and accountability of marketing spending is therefore considered as a major research priority in marketing. To respond this call, recent studies have documented that financial market reacts positively to a firm's marketing activity or marketing related outcomes such as brand equity and customer satisfaction. However, prior studies focus on the relation of marketing variable and financial market variables. This study suggests a channel about how marketing activity increases firm valuation. Specifically, we propose that a firm's marketing activity increases the level of the firm's product market information and thereby the dispersion in financial analysts' earnings forecasts decreases. With less uncertainty about the firm's future prospect, the firm's managers and shareholders have less information asymmetry, which reduces the firm's cost of capital and thereby increases the valuation of the firm. To our knowledge, this is the first paper to examine how informational benefits can mediate the effect of marketing activity on firm value. To test whether marketing activity contributes to increase in firm value by mitigating information asymmetry, this study employs a longitudinal data which contains 12,824 firm-year observations with 2,337 distinct firms from 1981 to 2006. Firm value is measured by Tobin's Q and one-year-ahead buy-and-hold abnormal return (BHAR). Following prior literature, dispersion in analysts' earnings forecasts is used as a proxy for the information gap between management and shareholders. For model specification, to identify mediating effect, the three-step regression approach is adopted. All models are estimated using Markov chain Monte Carlo (MCMC) methods to test the statistical significance of the mediating effect. The analysis shows that marketing intensity has a significant negative relationship with dispersion in analysts' earnings forecasts. After including the mediator variable about analyst dispersion, the effect of marketing intensity on firm value drops from 1.199 (p < .01) to 1.130 (p < .01) in Tobin's Q model and the same effect drops from .192 (p < .01) to .188 (p < .01) in BHAR model. The results suggest that analysts' forecast dispersion partially accounts for the positive effect of marketing on firm valuation. Additionally, the same analysis was conducted with an alternative dependent variable (forecast accuracy) and a marketing metric (advertising intensity). The analysis supports the robustness of the main results. In sum, the results provide empirical evidence that marketing activity can increase shareholder value by mitigating problem of information asymmetry in the capital market. The findings have important implications for managers. First, managers should be cognizant of the role of marketing activity in providing information to the financial market as well as to the consumer market. Thus, managers should take into account investors' reaction when they design marketing communication messages for reducing the cost of capital. Second, this study shows a channel on how marketing creates shareholder value and highlights the accountability of marketing. In addition to the direct impact of marketing on firm value, an indirect channel by reducing information asymmetry should be considered. Potentially, marketing managers can justify their spending from the perspective of increasing long-term shareholder value.

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