• Title/Summary/Keyword: Diversity

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The Effects of Blockholder Diversity on the Firm Risk: Evidence from Korea

  • KIM, Hung Sik;CHO, Kyung-Shick
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.261-269
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    • 2021
  • This study examines the effect of block diversity on the risk of firms listed on the Korean Stock Exchange between 2010 and 2017. To examine the effect of block diversity on corporate risk, we measure block diversity in terms of a single component, portfolio size, by referring to prior literature. This diversity component accounts for the differences in portfolio size across corporate blocks. In line with existing research on corporate risk, we consider several variables to measure corporate risk: volatility, beta, and idiosyncratic risk. The results show a negative relationship between the size of a block shareholder's portfolio and corporate risk. We also show no difference in the effect of block diversity on the corporate risk between KOSPI and KOSDAQ. This implies that the difference in portfolio size among corporate blocks reduces corporate risk. This may be due to the effect of inter-block monitoring activities in the Korean securities market, which benefits from block diversity. This empirical result supports previous studies that predicted that block diversity would have beneficial influences on firm monitoring in general. This study is significant in that it analyzes the relationship between block diversity and firm risk and provides relevant information to business practitioners and investors.

A Study on the Current Status and Development Direction of Diversity Policy in the Film Industry (영화산업 다양성 정책 현황 및 발전 방향에 관한 연구)

  • Kim, Seonah
    • The Journal of the Korea Contents Association
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    • v.22 no.6
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    • pp.247-260
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    • 2022
  • In the Korean film industry, 'diversity film' was used interchangeably with 'low-budget film' and 'independent/art film'. As the concept of film is transformed into a multi-platform era that expands online and offline, the discussion of media diversity has become important in the film industry as well. At the same time, the movement to expand the inclusion and diversity of minorities in the film industry is also evident. Recently, the global film industry is developing by accepting inclusive film policies based on research and policies from a gender-perspective on female narratives and creatives. This study suggests policy directions to redefine the concept of diversity in the Korean film industry and to expand inclusiveness and diversity for minorities based on previous studies and discussions on the diversity of various dimensions surrounding the film industry.

Investigation Plant Species Diversity and Physiographical Factors in Mountain Forest in North of Iran

  • Hashemi, Seyed Armin
    • Journal of Forest and Environmental Science
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    • v.26 no.1
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    • pp.1-7
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    • 2010
  • Species diversity is one of the most important specifications of biological societies. Diversity of organisms, measurement of variety and examination of those hypotheses that are about reasons of diversity are such as affairs that have been desired by the ecologists for a long time. In this research, diversity of plant species in forest region, numbers of 60 sample plots in 256.00 square meters have been considered in random - systematic inventory was considered. In each sample plot, four micro-plots in 2.25 square meters in order to study on herbal cover, were executed that totally 240 micro-plots were considered. At each plot six diversity indices in relation to physiographic factors (slope, geographical aspect and altitude from the sea level) were studied. The results indicate that species diversity is more in the northern direction and also species diversity in slops less than 30% has the most amounts. Factor of altitude from the sea level did not have meaningful relation with species diversity. Through study on correlation of the numbers of species in sample plots with indices and also process and role of indices in different processors of analysis, Simpson's reciprocal index was suggested as suitable index in this type of studies.

Species Diversity of a Stratified Hornbeam Community in Kwangneung Forest (광릉산림에 있어서 서나무군집의 층에 따른 종다양성에 관한 연구)

  • 이광석;장남기
    • Asian Journal of Turfgrass Science
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    • v.9 no.2
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    • pp.131-136
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    • 1995
  • The herb, shrub, understory and canopy strata, which arbitrarily delineated by size classes, were sampled separately. The former one were sampled by the pin-point quadrat method. And remaining three by size quadrats, diversity (H= =$\Sigma$ Pi log Pi) of of each stratum was estimated for each set of census data. Species diversity within a stratum was independent of sample plot size above a minimum cumulative area. Diversity based on plotless and plot samples could he determined by the same equation, and by pooling the data needed to estimate diversity of each stratum.

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Optimum Configuration of Multiple Antennas for the Combinded System with Tx. Diversity and Beamforming

  • Yu, Hyun-Hye;Liu, Li-Jun;Lim, Myoung-Seob
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.33 no.7A
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    • pp.727-732
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    • 2008
  • The transmit diversity as well as beamforming can increase the performance of wireless communication systems. It is well known that the requirement for the spacing between the neighboring antennas in transmit diversity and beamforming is contradictive to each other. Therefore it is necessary to find the optimum configuration of multiple antennas for getting the maximum performance under the condition that the total number of antennas at transmitter site and the total power of transmitter are fixed. In this paper, the procedure for finding the optimum configuration of multiple antennas was derived through searching the maximum capacity and BER in the combined system with the transmit diversity (Tx diversity) and beamforming.

Managing Cultural Diversity by Effective Human Resource Management of International Trade: Focus on Asian Perspectives

  • Shin, Soo Yong;Pak, Myong Sop;Cho, Sung Woo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.56
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    • pp.101-120
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    • 2012
  • Changes in the global business environment continue at an accelerated pace. The 21st century maybe remarked, perhaps, for its hot issues on globalization and diversity. Diversity may arise in terms of ethnic, gender, age and culture. Cultural diversity out of all stands out in front in modern times as more multinational companies operate internationally resulting more people to start living abroad and work with people from different cultures. In recent years, these multinational companies realized the important roles human resource management play in international trade since cultural diversity is very influential on their work performance. A well-managed human resources will ensure organizations' success to a great extent. This paper touches the field of cultural diversity and introduces human resource management of international trade as a way to handle diversity matters faced by international organizations.

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Polarization Diversity Antenna for Receiving Traffic Information Contents in WiBro System (교통정보 컨텐츠 수신을 위한 WiBro용 편파 다이버시티 안테나)

  • Jung, Byung-Woon
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.7 no.2
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    • pp.56-61
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    • 2008
  • Diversity antenna system against multi-fading environment is strongly required for WiBro service of vehicle. In general, high isolation performance between antennas leads to good diversity gain. In this paper, a polarization diversity antenna is presented, which has orthogonal polarizations and good isolation characteristic. In addition, by simulation and measurement, it is certified that HWLLA (Half Wave Length Loaded Antenna) improves polarization purity on common ground. In isolation between two antennas, HWLLA can provide better isolation over 12dB than conventional PIFA (Planar Inverted F Antenna).

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Definition of the Diversity Education in Japan

  • YANO, Natsuki;OTA, Mamiko;HAN, Changwan
    • Proceedings of the Korea Contents Association Conference
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    • 2016.05a
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    • pp.389-390
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    • 2016
  • Since the Salamanca statement in 1994, inclusive education became the worldwide issue in the field of educational policy. Inclusive education is defined that equality and comprehensive education in the classroom to learning together regardless of whether with disability or not (Han et al, 2013). Inclusive education is the educational system and consist of the three domains; guarantee of rights, improvement in environment and reform in curriculum (Han et al, 2015). Diversity education has been positioned as an educational method in inclusive education. Diversity in classroom is very wide ranging; nationality, gender, culture, race, ethnicity, disability, age and religion. Diversity education is the educational method to providing the appropriate education for the children's diversity on the assumption that appreciate to the diversity. In recent years, the main purpose of inclusive education is to encompass children with disabilities. However, developmental disabilities that has no intellectual delay become a new challenge in education in addition to the physical and mental disability. This study aims to definition of the diversity education as the educational method in Japan.

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Relay-assisted Multiple Access Channel Protocol for Cooperative Diversity

  • Kim, Dong-Hyun;Kim, Gil;Lee, Kwang-Bok
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.34 no.1C
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    • pp.1-8
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    • 2009
  • Cooperative diversity is a novel technique to improve diversity gains, capacity gains, and energy saving. This technique involves multiple terminals sharing resources in order to build a virtual antenna array in a distributed fashion. In this paper, we propose a multi-user cooperative diversity protocol called Relay-assisted Multiple Access Channel(R-MAC) that allows multiple source terminals to transmit their signals simultaneously and the relay terminal forwards the aggregated signal received from the source terminals to the destination terminal. The proposed protocol converts the distributed antenna channels into an effective MIMO channel by exploiting a relay, increasing both diversity gain and system throughput. We investigate the performance of the proposed protocol in terms of outage probability and diversity-multiplexing tradeoff where we assume block fading channel environment. Our simulation results show that the proposed protocol outperforms direct transmission in the high spectral efficiency regime where the conventional cooperative diversity protocols cannot outperform direct transmission.

A Study on Redefinition of Cultural Diversity and Analyzing Frame based on Media Convergence Environment (융합미디어 환경에 따른 문화다양성 범주 설정 및 분석 프레임 연구)

  • Ahn, Ho-Rim;Park, Tae-Soun
    • Korean journal of communication and information
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    • v.63
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    • pp.76-100
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    • 2013
  • This work is for redefining of cultural diversity and suggesting measurement frame by casting light on changing cultural environment according to evolution of digital convergence media. So far, most of studies tend to confuse at using media diversity and cultural diversity and resultingly the concept of cultural diversity is not founded right yet. In communications field, there is a limit to measure cultural diversity which is substantive content because analysis of media diversity is mainly focused on financial measuring and quantitation. Therefore we define digital convergence media culture as metaculture here for analysis of cultural diversity. Additionally, we catagorize and analysis cultural diversity based on this metaculture into pluralism of media activity, diversity of cultural expression, diversity of cultural diffusion and diversity of cultural cognition. These measuration variables of the four categories are factors which can lighten aspects of cultural diversity in digital convergence media environment. Analysis of these factors of the four catagories will suggest a criterion to establish policies to protect cultural diversity. The policy of cultural diversity is to construct a cultural commune in envirnment of meta culture.

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