• Title/Summary/Keyword: Book Building

Search Result 123, Processing Time 0.029 seconds

The Analysis of Long Term Performance of Initial Public Offerings in KOSDAQ Market (코스닥시장에서의 신규공모주의 장기성과 분석 -수요예측제도 도입 후를 중심으로-)

  • Shin, Yeon-Soo;Sheo, Chung-Won;Shin, Young-Jae
    • Management & Information Systems Review
    • /
    • v.28 no.1
    • /
    • pp.25-44
    • /
    • 2009
  • This study examines long term performance of initial public offerings(IPO) after book building was introduced in KOSDAQ market. We use event time portfolio approach and calendar time portfolio approach to test if the performance of IPO is fair or not in long term. We estimate the performance by using the BHAR(buy and hold abnormal return), CAR(cumulative abnormal return), WR(wealth relatives) model in event time portfolio approach. And we calculate the performance by using Fama-French three factor model, CTAR(calendar time abnormal return), RATS(Return Across Time and Securities approach) model in calendar time portfolio approach. This study shows that the long term performance of IPO is positive with statistical significance as the results of the analysis through the various research method and all windows in all kinds of firms and total firms.

  • PDF

A Study on the Texts Related to Ancestral Ritual Building in 『Ohju Yeonmun Jangjeon Sango』 (『오주연문장전산고』 사전(祀典)의 건축 관련부분 해석과 연구)

  • Baik, So-Hun
    • Journal of architectural history
    • /
    • v.21 no.6
    • /
    • pp.45-52
    • /
    • 2012
  • "Ohju Yeonmun Jangjeon Sango" written by Lee, Gyu-gyeng is one of the most important encyclopedias in the period of Chosun-Dynasty. There are two chapters related to architecture in this book, one is "ancestral rite governance·human"chapter, and the other is "architecture·human" chapter. Both of them are hard to understand because they are written in ancient Chinese and consist of various quotations in ambiguous way. This paper as a partial study is deal with the former. It makes difference between writter's original texts and quotations through textual research, and translates to modern Korean, and analyze information about ancient architecture in texts. The texts can divide to three sections. The first introduces three Chinese architectural theory books as "Gogonggi(考工記)", "Yeongjo Beopsik(營造法式)" and "Mokgyeng(木經)", and mentions about the prototype of the royal ancestral ritual building in "Gogonggi Toju(考工記圖注)". The second quotes "Seoyeong(書影)" to introduce "Yeongjo Beopsik". The third quotes "PaePyeon(稗編)" to introduce "Yeongjo Beopsik" and "Mokgyeng", and mentions about the counting unit of columns of the royal ancestral ritual building. Although the purpose for these quotations is not directly mentioned, but we can find it is intended to explain the architectural prototype and lay-out of the royal ancestral ritual building.

A BUMPING ALGORITHM ON THE SHIFTED RIM HOOK TABLEAUX

  • Lee, Jae-Jin
    • Journal of applied mathematics & informatics
    • /
    • v.6 no.3
    • /
    • pp.901-914
    • /
    • 1999
  • In [6] Schensted constructed the Schensted algorithm giving a bijection between permutations and pairs of Young standard tableaux. After knuth generalized it to column strict tableaux in [3] various analogs of the Schensted algorithm came. In this paper we describe the bumping algorithm on the shifted rim hook tableaux which is the basic building block of the Schensted algorithm for shifted rim book tableaux.

BIM(Building Information Modeling) (긴급제언: BIM 소개)

  • Cho, Han-Kwang
    • Journal of the Korean Professional Engineers Association
    • /
    • v.43 no.5
    • /
    • pp.31-34
    • /
    • 2010
  • To construct buildings methods and materials written on the book have been operated and managed with additional program as well as management techniques. However with 2D, a tool which has been used to design a plan, or simple 3D modeling weren't competent enough to plan, design and manage the buildings that are getting complex and higher To solve these problems BIM that enable steps(from planning, designing to maintenance management) to be used as a information is being used.

  • PDF

A Study on the Formation and Character of Cheong Ju Presbyterian Missionary Architecture from 1900 to 1945 (미국(美國) 북장로회(北長老會) 청주선교부(淸州宣敎部) 건축(建築)의 형성(形成)과 특성(特性))

  • Dho, SunBoong;Han, KyuYoung
    • Journal of the Korean Institute of Rural Architecture
    • /
    • v.3 no.1
    • /
    • pp.25-40
    • /
    • 2001
  • In this study, I investigate the formation process of the American presbyterian missionary architecture in Cheong Ju area from 1900 to 1945, which we may think 'the part of Korean modern architecture'. I have examined and analyzed the 18 buildings for the sake of the interpretation with the words of formation process and characteristics . And I can put my idea in order as follows. Firstly, the formation process is 1) buy and modify a Korean style (thatch or tile roofed) building for their need and use it as a gate quaters or house, church, hospital, school, book store, 2) build a Korean style (tile roofed) building and use it-house, hospital, school, 3) build a Western style (timber structured and zinc roofed) building and use it- church, 4) build a Western style (masonry structured and tile or zinc roofed) building and use ithouse, church, school and hospital. Secondly, the characteristics is 1) In the Korean style building, the missionaries change into the function to match with their purpose. they modify the Korean style timber structure by influx of building material-brick, glass, carpet etc. they occupy into the Korean existing residential area. 2) In the Western style building, the missionaries build the house correspond with their living pattern. they build the church with the eclectic of Western and Korean timber frame. and also build the house and hospital with the eclectic of Western and Korean masonry structure. their building located in the isolate hill separated from the existing Korean residential area.

  • PDF

Shell platings manufacturing M/H inference and comparison using Artificial Neural Network and Gentic Programming (인공신경망과 유전적 프로그래밍을 이용한 선체 곡가공 M/H 추론 및 비교)

  • Shin, Yong-Wook;Ha, Duk-Ki;Jo, Moon-Hee;Kim, Su-Young
    • Proceedings of the Korea Committee for Ocean Resources and Engineering Conference
    • /
    • 2003.10a
    • /
    • pp.163-166
    • /
    • 2003
  • Hull form designers have to design a ship with satisfying an economical, technical and environmental demand. When it is concerned by a technical and environmental demand, there will be a economical demand left to criticize optimization. In this case, there were used to be requirements which needs to meet only a best performance not concerning about input of Human resource. Life cycle's cost contains building cost and operation cost so that now we need to check Man Hour cost in building a ship. This research shows a correlation between hull form information, i.e. curvature, length, breadth and thickness of surface and Man Hour of the Shell plating manufacture with using Artificial Neural Network and Gentic Programming. This study will support to classify initial work, to have a high assumption possible through predicting a Man Hour and to provide a guide book to infer a building cost and a economical optimization hull form.

  • PDF

A study on the Maintenance and management of Dongnaebu Government Office building as seen through Official Documents in the mid-19th century (19세기 중엽 동래부 관아(官衙)의 유지와 관리)

  • Song, Hye-Young
    • Journal of architectural history
    • /
    • v.31 no.5
    • /
    • pp.21-34
    • /
    • 2022
  • This study investigated the maintenance and management of government office building in Dongnaebu, Gyeongsangdo in the mid-19th century. In the late Joseon Dynasty, Dongraebu was an important point of national defense and a place of trade and diplomacy with Japan, so it had many government facilities. There are very few government facilities remaining today, and no structure remains. Therefore, it is possible to grasp information about the government facilities through the old materials. Currently, there are public documents related to the local government offices such as Eupji, Eupsarye, and Junggi. Through comparison between public documents, we will examine the maintenance and management of Dongnaebu government facilities in the mid-19th century. As a result of the research, Dongnaebu government facilities were supervised by department and managed like articles. In addition, the name, size, and changes were all recorded in the management of the goods, and the authority of responsibility was clearly stated. This result is because the remaining material has the purpose of preparation as an accounting book. As a result, it was found that the government facilities in the late Joseon Dynasty were managed by a systematic department with clear authority.

A Study on English Library Marketing and Reading Programs (영어도서관 마케팅과 도서관 주도 독서프로그램 도입에 관한 연구)

  • Oh, Kyung-Mook
    • Journal of the Korean Society for information Management
    • /
    • v.26 no.4
    • /
    • pp.299-318
    • /
    • 2009
  • The ideas of user oriented service wasn't a major issue in libraries in the past decade. However, from now on, our library visitors have choices in the book selection processes, and the library may not be the first choice for their information demands. Competitors such as museum, culture center, and even private reading academy are those who anticipate user demands and satisfy them before the librarians do. What may have been perceived as excellent service a few years ago is not acceptable today anymore in the library. This study reveals current situation of English library collection and their practice as a sound English learning tool for Korean students. The researcher introduces library Marketing Concept and Reading Programs as an effective management tool.

Does the Pricing Mechanism Affect the IPO Flipping Activity in Pakistan?

  • ANWAR, Ayesha;MOHD-RASHID, Rasidah
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.1
    • /
    • pp.237-246
    • /
    • 2021
  • This paper explores the relationship between price mechanism and flipping activity of initial public offerings (IPOs) in Pakistan's emerging economy. This study uses a cross-sectional data set of 95 firms listed on Pakistan Stock Exchange from 2000 to 2019. This study employs the ordinary least square and quantile regression techniques to capture the relationship between price mechanism and flipping activity. The results show that book-built IPOs flip substantially less than fixed-price IPOs. This is consistent with the signaling theory assertion that roadshows are arranged by underwriters to capture investors' demand and set the offer prices of IPOs. If investors learn the fair values of quality IPOs, then the offer prices will be close to the intrinsic values, thus reducing flipping. The findings also provide conclusive evidence for understanding the usefulness of and the more relevant information regarding the pricing mechanism. In particular, it provides a better understanding of how companies actually use the pricing mechanism information in the flipping of IPO shares. The results of this study are also valuable to underwriters, and regulators, for instance, provides underwriters with the discretion to allocate the IPO shares and the SECP, in revising regulation on the disclosure of IPO pricing methods.

The Smart Platform for Understanding the Extraordinary of the Our'an

  • Almarhabi, Khalid Ali
    • International Journal of Computer Science & Network Security
    • /
    • v.21 no.12
    • /
    • pp.29-34
    • /
    • 2021
  • The Qur'an is regarded as the holy book by Islam followers; they assert that God wants humankind to understand its meanings and implement best practices. Numerous individuals have attempted to understand the meaning of its verses and explore its Extraordinary Vocabulary; however, few people successfully studied and researched the different meanings of that holy text. Only a limited segment of the society comprising scholars, students, and intellectuals have grasped the teachings of the Qur'an. A majority of the general population, specifically youngsters, spend ample time using mobile phones. In this context, many innovative educational platforms have recently been launched to attract the general public to learn and use knowledge. Research has provided the positive impact of such smart platforms. This concept is about an innovative smartphone platform to help users understand and reason the Qur'an by helping with the book vocabulary explained by expert scholars. This work proposes creating an engaging digital format using innovative technologies. This idea is inspired by youngsters who demonstrate an immense interest in online learning. Qur'an vocabulary is the prerequisite to building a better understanding that allows users to get precise meaning.