• 제목/요약/키워드: Diversity Component

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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.

Variations of heart rate variability under varied physical environmental factors

  • Ishibashi, Keita;Yasukouchi, Akira
    • Proceedings of the Korean Society for Emotion and Sensibility Conference
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    • 2001.11a
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    • pp.91-95
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    • 2001
  • In this study, we estimated the behavior of the diversity of physiological responses under varied physical environmental factors by measuring variations of heart rate variability (HRV), an index of activity of cardiac autonomic control. Seven healthy young male adults consented and participated in the study. The environmental conditions consisted of thermal, lighting, and acoustic conditions. Two components of HRV were measured. one was the low frequency (LF) component of HRV, which provided a quantitative index of the sympathetic and parasympathetic (vagal) activities controlling the heart rate (HR). The other component measured was the high frequency (HF) component, which provided an index of the vagal tone. The percent contribution of physical environmental factors to the variations in HRV indices were calculated by ANOVA. The contribution of physical environmental factors to the variations in HR was higher than the contribution of HF and LF. However, the contribution of these factors was lower than the contribution related with individual difference in all indices. This result showed that the individual diversity of physiological responses is not a negligible quantity.

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Effects of Box Shape and Diverse Components of Large-Sized Products on Consumers' Product Evaluations in Logistic Business

  • Dongkyun Ahn;Seolwoo Park
    • Journal of Korea Trade
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    • v.26 no.6
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    • pp.83-95
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    • 2022
  • Purpose - With the recent spread of COVID-19, U.S. consumers' consumption pattern is changing towards purchasing large-capacity products, as they stay at home longer. Thus, the current research investigates the effects of box shape and component diversity for large-sized products on product evaluation in logistic business. Moreover, this research examines that information-processing fluency mediates the moderating effects of box shape and product components on target evaluations to confirm psychological mechanism for generating this effect. Design/methodology - In order to examine the hypotheses, the current research conducts two online experiments. The 184 participants (Study 1), and 205 participants (Study 2) of U.S. nationality were recruited through Amazon Mechanical Turk. This research analyzes the data by using SPSS 25 and PROCESS macro 4.0. Findings - Study 1 demonstrates that when the height of a box is greater than its width, products with single components promote positive target evaluations, while when the width of box is greater than its height, products with a variety of components lead to positive target evaluations. Study 2 shows that the same results are replicated in other product categories and with different box shape ratios. Moreover, Study 2 also finds that the ease of information processing mediates the interaction effects of box shape and component diversity on U.S. consumers' target evaluations. Originality/value - The current research has originality in that it investigates the effect of box shape and product composition diversity on U.S. consumer product evaluation from the perspective of information-processing theory Moreover, this research has practical implications for global traders who prepare for entering the U.S. market.

A Study on the Phase Diversity and Optimal I/Q Signal Combining Methods on a UHF RFID Receiver (UHF RFID 수신기의 위상 다이버시티 및 최적 I/Q 신호 결합 방법에 관한 연구)

  • Jang, Byung-Jun;Song, Ho-Jun
    • The Journal of Korean Institute of Electromagnetic Engineering and Science
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    • v.19 no.4
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    • pp.442-450
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    • 2008
  • In this paper, the phase diverisity in a direct-conversion receiver for a UHF RFID reader is analyzed and the optimal I/Q signal combining methods is presented with respect to tag modulation. At first, fading characteristics of a single channel receiver is shown to prove the importance of phase diversity due to the phase relationship between the backscattered signal and the local oscillator. And the optimal signal combining methods are presented in order to overcome the signal power reduction due to phase diversity. In case of ASK, the power combining method is presented for the optimal I/Q combining. And the arctangent and principal component combining methods using covariance matrix of I and Q channels are presented for the optimal I/Q combining in case of PSK. In order to analyze the performance of suggested methods, the selection diversity and the optimal combining methods are compared. According to analysis and simulation results, the optimal combining methods have a maximum 3 dB SNR enhancement than selection diversity.

On the Gain of Component-Swapping Technique with DVB-T2 16K LDPC Codes in MIMO-OFDM Systems (DVB-T2 16K LDPC 부호가 적용된 MIMO-OFDM 시스템에서의 성분 맞교환 기술 이득)

  • Jeon, Sung-Ho;Yim, Zung-Kon;Kyung, Il-Soo;Kim, Man-Sik
    • Journal of Broadcast Engineering
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    • v.15 no.6
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    • pp.749-756
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    • 2010
  • The signal space diversity is one of the promising transmission techniques in next generation mobile TV service. However, DVB-T2 does not consider the multiple antennas (MIMO) so that the cyclic Q-delay method, a component interleaver in DVB-T2, causes a critical issue in detecting symbols at the receiver side by increasing the inter-symbol dependency. To solve this problem, the component-swapping technique is proposed, which limits the inter-symbol dependency in order to reduce detection complexity. In this paper, the achievable gain of a component-swapping technique combined with 16K LDPC code defined in DVB-T2 is evaluated by computer simulations. From the results, the gain is confirmed in terms of BER and receive complexity compared to legacy component interleaver methods.

Inventory of Street Tree Population and Diversity in the Kumasi Metropolis, Ghana

  • Uka, Ufere N.;Belford, Ebenezer J.D.
    • Journal of Forest and Environmental Science
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    • v.32 no.4
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    • pp.367-376
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    • 2016
  • Urban greenery is an important component of urban environment and is fast gaining prominence especially in the developing countries. The destruction of urban trees has resulted to the degradation of the environment, thus the introduction of green Kumasi project by Kumasi Metropolitan Assembly, Ashanti Region of Ghana. The composition and diversity of urban trees gives rise to adequate management and monitoring, thus an inventory of urban trees of the Metropolis was conducted to document complete information on its density, diversity, composition and distribution. A total tree population of 1,101 was enumerated in the principal roads of the Metropolis. The ten most encountered tree species accounted for 61.04% of all the individual tree populations with Mangifera indica being dominant. The dominant families: Fabaceae, Moraceae and Arecaceae constitute 38.57% of the tree population. Diversity of the tree species was very high. The minimum diversity criteria were met on analysis of the diversity of this population. The proportion of exotic species was high with 65.71% of the trees belonging to the introduced species. It is recommended that greater emphasis should be placed on the planting of indigenous trees in future tree planting exercise.

Genetic Structure and Composition of Genetic Diversity in the Kouchi Sub-breed of the Japanese Brown Cattle Population

  • Honda, Takeshi;Fujii, Toshihide;Mukai, Fumio
    • Asian-Australasian Journal of Animal Sciences
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    • v.20 no.11
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    • pp.1631-1635
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    • 2007
  • Japanese Brown cattle, one of the four domestic beef breeds in Japan, are suffering from numerical reduction due to economic pressure from profitable breeds. In this study, all the reproductive cows in the Kouchi sub-breed of the Japanese Brown cattle that were alive in July 2005 were investigated by pedigree analysis to clarify genetic structure and composition of genetic variability. In addition, genetically important individuals for the maintenance of genetic variability of the sub-breed were also identified through the core set method. The number of cows analyzed was 1,349. Their pedigrees were traced back to ancestors born around 1940, and pedigree records of 13,157 animals were used for the analysis. Principal component analysis was performed on the relationship matrix of the cows, and their factor loadings were plotted on a three-dimensional diagram. According to their spatial positions in the diagram, all the cows were subdivided into five genetically distinctive subpopulations of 131 to 437 animals. Genetic diversity of the whole sub-breed, which is estimated to be 0.901, was decomposed into 0.856 and 0.045 of within-subpopulation and between-subpopulation components. Recalculation of genetic diversity after removal of one or several subpopulations from the five subpopulations suggested that three of them were genetically important for the maintenance of genetic variability of the sub-breed. Applying the core set method to all the cows, maximum attainable genetic diversity was estimated to be 0.949, and optimal genetic contributions assigned to each cow supported the previous results indicating relative importance of the three subpopulations as useful genetic materials.

MIMO Ad Hoc Networks: Medium Access Control, Saturation Throughput, and Optimal Hop Distance

  • Hu, Ming;Zhang, Junshan
    • Journal of Communications and Networks
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    • v.6 no.4
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    • pp.317-330
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    • 2004
  • In this paper, we explore the utility of recently discovered multiple-antenna techniques (namely MIMO techniques) for medium access control (MAC) design and routing in mobile ad hoc networks. Specifically, we focus on ad hoc networks where the spatial diversity technique is used to combat fading and achieve robustness in the presence of user mobility. We first examine the impact of spatial diversity on the MAC design, and devise a MIMO MAC protocol accordingly. We then develop analytical methods to characterize the corresponding saturation throughput for MIMO multi-hop networks. Building on the throughout analysis, we study the impact of MIMO MAC on routing. We characterize the optimal hop distance that minimizes the end-to-end delay in a large network. For completeness, we also study MAC design using directional antennas for the case where the channel has a strong line of sight (LOS) component. Our results show that the spatial diversity technique and the directional antenna technique can enhance the performance of mobile ad hoc networks significantly.

Diversity of Subcortical Arthropod Communities in Tropical and Temperate Forests

  • Choe, Jae-Chun
    • Animal cells and systems
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    • v.1 no.4
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    • pp.577-581
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    • 1997
  • Species diversity of subcortical arthropod communities were assessed in two tropical regions and two temperate regions. In the tropics, communities of subcortical arthropods were more diverse in La Selva, Costa Rica, than on Barro Colorado Island, Panama. Costa Rican communties yielses higher values of both Shannon and Simpson diversity indices than Panamanian communities. Compared to Panamanian communities, Costa Rican ones supported higher measures of both species richness and evenness. Between the two temperate regions, communities of subcortical arthropods in Korea scored consistently higher values of both Shannon and Simpson indices than the ones in eastern Massachusetts, U.S.A. When individual diversity components were compared, however, Korean communities yielded exceptionally high evenness measures but lower species richness than the communities in the U.S.A. Unusually high evenness values of Korean subcortical arthropods were due to extremely low population densities of all component species.

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Comparison of Soil Bacterial Community Structure in Rice Paddy Fields under Different Management Practices using Terminal Restriction Fragment Length Polymorphism (T-RFLP)

  • Kim, Do-Young;Kim, Chang-Gi;Sohn, Sang-Mok;Park, Sang-Kyu
    • Journal of Ecology and Environment
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    • v.31 no.4
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    • pp.309-316
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    • 2008
  • To develop a monitoring method for soil microbial communities in rice paddy fields, we used terminal restriction fragment length polymorphism (T-RFLP) to compare soil bacterial community structure in rice paddy fields experiencing different management practices: organic practices, conventional practices without a winter barley rotation, and conventional practices with a winter barley rotation. Restriction fragment length profiles from soils farmed using organic practices showed very different patterns from those from conventional practices with and without barley rotation. In principal component analyses, restriction fragment profiles in organic practice samples were clearly separated from those in conventional practice samples, while principal component analysis did not show a clear separation for soils farmed using conventional practices with and without barley rotation. The cluster analysis showed that the bacterial species compositions of soils under organic practices were significantly different from those under conventional practices at the 95% level, but soils under conventional practice with and without barley rotation did not significantly differ. Although the loadings from principal component analyses and the Ribosomal DNA Project II databases suggested candidate species important for soils under organic farming practices, it was very difficult to get detailed bacterial species information from terminal restriction fragment length polymorphism. Rank-abundance diagrams and diversity indices showed that restriction fragment peaks under organic farming showed high Pielou's Evenness Index and the reciprocal of Simpson Index suggesting high bacterial diversity in organically farmed soils.