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Search-based Sentiment and Stock Market Reactions: An Empirical Evidence in Vietnam

  • Nguyen, Du D.;Pham, Minh C.
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.4
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    • pp.45-56
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    • 2018
  • The paper aims to examine relationships between search-based sentiment and stock market reactions in Vietnam. This study constructs an internet search-based measure of sentiment and examines its relationship with Vietnamese stock market returns. The sentiment index is derived from Google Trends' Search Volume Index of financial and economic terms that Vietnamese searched from January 2011 to June 2018. Consistent with prediction from sentiment theories, the study documents significant short-term reversals across three major stock indices. The difference from previous literature is that Vietnam stock market absorbs the contemporaneous decline slower while the subsequent rebound happens within a day. The results of the study suggest that the sentiment-induced effect is mainly driven by pessimism. On the other hand, optimistic investors seem to delay in taking their investment action until the market corrects. The study proposes a unified explanation for our findings based on the overreaction hypothesis of the bearish group and the strategic delay of the optimistic group. The findings of the study contribute to the behavioral finance strand that studies the role of sentiment in emerging financial markets, where noise traders and limits to arbitrage are more obvious. They also encourage the continuous application of search data to explore other investor behaviors in securities markets.

Integrated Communication Design Strategies for the Revised Marketing Environment (마케팅환경 변화에 따른 통합커뮤니케이션디자인 전략)

  • Yang, Jae-Bum
    • The Journal of the Korea Contents Association
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    • v.8 no.5
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    • pp.113-121
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    • 2008
  • Researcher tried to argue the possibility of application of visual communication design adapting the marketing environment change on this paper. What is ICD (Integrated Communication Design)? This is a new attempt to treat these common marketing methods, such as, C, I, B, I, TV commercials, newspaper commercials, posters, brochures, DM, package designing, POP, outdoor visual information, web sites etc, as a whole. And no longer treat them as separate pieces as we were doing previously. So I started this research with positive analysis which already has been theoretically discussed based on the documents and researches on the same subject. Through this attempt I tried to examine the possibility of application of ICD. Conclusively, I developed and suggest named the ICD model, by which we could explain the current marketing communication design effort more holistically then ever.

FVT Signal Processing for Structural Identification of Cable-stayed Bridge (사장교의 구조식별을 위한 가진실험 데이터분석)

  • 이정휘;김정인;윤자걸
    • Transactions of the Korean Society for Noise and Vibration Engineering
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    • v.14 no.10
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    • pp.923-929
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    • 2004
  • In this research, Forced Vibration Test(FVT) on a cable stayed bridge was conducted to examine the validity of the frequency domain pattern recognition method using signal anomaly index and artificial neuralnetwork. 7he considering structure, Samchunpo Bridge, located in Sachun-Shi, Kyungsangnam-Do, is a cable stayed bridge with the 436 meter span. The excitation force was induced by a sudden braking of a fully loaded truck. and vortical acceleration signals were acquired at 14 points. The initial 2-dimensional FE-model was developed from the design documents to prepare the training sets for the artificial neural network, and then the model calibration was performed with the field test data. As a result of the model calibration, we obtained the FFT spectrums from the model simulation, which was similar to those from the vibration test. These tests and the simulation data will be used for the structural identification using arbitrarily added masses to the bridge.

FVT Signal Processing for Structural Identification of Cable-Stayed Bridge (사장교의 구조식별을 위한 가진실험 데이터분석)

  • 윤자걸;이정휘;김정인
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2003.11a
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    • pp.619-623
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    • 2003
  • In this research, Forced Vibration Test(FVT) on a cable stayed bridge was conducted to examine the validity of the frequency domain pattern recognition method using signal anomaly index and artificial neural network. The considering structure, Samchunpo Bridge, located in Sachun-Shi, Kyungsangnam-Do, is a cable stayed bridge with the 436 meter span. The excitation force was induced by a sudden braking of a fully loaded truck, and vertical acceleration signals were acquired at 14 points. The initial 2-dimensional FE-model was developed from the design documents to prepare the training sets for the artificial neural network, and then the model calibration was performed with the field test data. As a result of the model calibration, we obtained the FFT spectrums from the model simulation, which was similar to those from the vibration test. These tests and the simulation data will be used fur the structural identification using arbitrarily added masses to the bridge.

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The Relationship between Primary and Secondary Literature (학술정보에 있어서 1차 자료와 2차 자료의 관계에 대한 연구)

  • Oh Dong-Woo
    • Journal of the Korean Society for Library and Information Science
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    • v.33 no.1
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    • pp.145-160
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    • 1999
  • The literature may be divided into two broad categories : primary and secondary literature. Primary literature comprises documents which contain the full text of the author's work. On the other hand secondary literature, such as indexes, abstracts, bibliographies reviews and surveys, provides signposts to the primary literature. This paper intended to examine and analyze the relationship between primary and secondary literature through the previous research and the theory, and the actual study which compared it with the lists of journals in three secondary literatures: Library and Information Science Abstracts(LISA). 1998; Library Literature (LL), 1998; Information Science Abstracts (ISA), 1998. Some of the problem involved in the study of journal overlap and coverage patterns of secondary services are discussed. Conclusions are drawn about the impact on library and information science selection policies and organization of library collections.

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The Characteristics of Blue Color Combination Shown in Men's Fashion (남성 패션에 나타난 청색의 배색 특성)

  • Jang, Jung-Im;Cho, Ju-Yeon;Lee, Yeon-Hee
    • The Research Journal of the Costume Culture
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    • v.17 no.2
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    • pp.309-319
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    • 2009
  • This study's goal is to analyze the color characteristics of Blue used in men's fashion for design developing process. First, we researched the previous studies and examined documents about color characteristics of Blue in general as well as coloration in fashion design and men's fashion. We composed color samples by collecting two-color coloration used in men's fashion collection for 5 years from 2004 S/S to 2008 F/W through a specialized fashion information web-sites. We limited the colors from Blue Green(BG) to Purple Blue(PB). Second, we analyzed the characteristics of hue combination and tone combination. A total of 351 pictures were collected and RGB and HV/C value were converted with Munsell Conversion program(ver.8.0.1). Color data has been sorted to 10 hues and 12 PCCS tones. From this, we were able to figure out that similar/same hue coloration was used more than contrary hue coloration and similar/same tone coloration was used more than contrary tone coloration for Blue. We've limited Blue coloration characteristics of men's fashion to two-color coloration for an analysis; the succeeding study will need to examine on the characteristics of multi-coloration and detailed Blue coloration image by various garments.

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A Study on the Production of Wood Members and the Estimation of Raw Woods at the Government Managed Building Construction in the Late Chosun Dynasty (조선후기(朝鮮後期) 관영건축공사(官營建築工事)의 목부재(木部材) 생산(生産)과 물양산정(物量算定)에 관한 연구)

  • Lee, Kweon-Yeong
    • Journal of architectural history
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    • v.10 no.1 s.25
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    • pp.25-40
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    • 2001
  • Since the 17th century, the society of Chosun Dynasty belonged to a period of rapid transition in many fields. As the building is a result produced on the basis of a society and economy, the general transition in a society is to be reflected into a process of building construction. Therefore an understanding or estimate of a building can be guaranteed by research of a process of building construction. Economic base factors in its process consist of material, cost, manpower, and operation system, etc. to be committed to the construction. On the premise, this paper is to examine the production of wood members and the calculation of the amount of raw woods in a process of woodwork in the construction of the government managed buildings in the late of Chosun dynasty. Construction reports, job slips, written estimates, and other documents in those days are examined for the study. To classify raw woods according to a standard size was aimed to a material management appropriately to apply each them to building size or its member size. The way to select a list of raw woods applicable to each member size, and to calculate the amount of the demanded wood was much more improved with 'Injungjeon-yeongkweon' in the year 1805 at the turning point than 'Hwaseong-seongyuk' in the year 1796. The improvement of material management brought to overcome a shortage of the amount supplied from forest preserve, and to a rationalization of building construction.

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Case Studies on Application of Injunction to the stand-by Credit Transactions (보증신용장거래에세 지급금지명령의 적용에 관한 분쟁사례연구)

  • Kang Won-Jin;Lee Sang-Hun
    • Journal of Arbitration Studies
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    • v.14 no.1
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    • pp.29-60
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    • 2004
  • Recently stand-by credits are using as surety devices in various global business transactions including sale of goods. Stand-by credits have lots of merits but simultaneously have high possibility of improper demand by the beneficiary due to the characteristics of the documents required. So so-called fraud rule has developed as a solution to the improper demand in letter of credit transactions. And the actual way of the fraud rule is the injunction by the competent court. The purpose of this article is to examine the applicability of the injunction in stand-by credit transactions by means of case studies. For this purpose, the author examined the concept of the injunction, necessity of the injunction in stand-by credit transactions and the cases of injunction granted and injunction denied. Firstly, the courts have legal standard of the application of injunction due to the legislation of the relative articles in the United Nations Convention on Independent Guarantees and Stand-by Letters of Credit and the Uniform Commercial Code. Secondly, the courts have taken a negative attitude granting injunction in order to observe the independence principle. Thirdly, the courts have a tendency to grant injunction when the demand has no conceivable basis and the applicant will suffer irreparable injury without injunction. Finally, like the saying 'prevention is the best cure', the applicant always pays attention with reasonable care before improper demand by the beneficiary.

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A Study on Power Dressing in Socio-culture (파워드레싱(Power Dressing)에 대한 사회문화적 연구)

  • Chung, Mee-Hye
    • Journal of the Korea Fashion and Costume Design Association
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    • v.15 no.1
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    • pp.31-45
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    • 2013
  • Fashion appears as a similar sense of form in a regularly cyclical way. The part highlighted in the female body also becomes that way. The social and cultural problem of fashion is also a matter about the selection of a wearer on how to wear in what environment. Power dressing means an attire that makes you feel dignity, intelligence or power and an attire that is needed to succeed in the business society. It is based on the fact that women started wearing tailored suits that were regarded as the exclusive item of men as the women's social activity was actively progressing. The purpose of the study is to analyze the problem of styles in the social and cultural perspectives. The power dressing was repeatedly appeared in 1930s, 1980s and 2000s. Therefore, this study collected photo data and literature documents to analyze and compare shoulders represented during these three periods, and to examine what social cultural environment was operated for each period and how the designers of each period expressed with clothes. Power dressing is characterized by the use of shoulder pad for the first time for 1930s, the extended shoulder for 1980s and the design the extended shoulder with the more decorative method for 2000s. Power dressing has been utilized as women's gain and improvement of social status, flaunting of economical status and a symbol of individuality and identity.

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On the Characteristics and Information Retrieval Performance of Full-Text Databases (전문데이터베이스의 특성과 정보검색성능)

  • Cho Myung-Hi
    • Journal of the Korean Society for Library and Information Science
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    • v.17
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    • pp.339-366
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    • 1989
  • Appearance of full-text online is the most encouraging phenomenon ·during the development of databases. The full-text databases of today is derived from by-product of electronic publication of printed materials. Now, there are also some movements toward electronic production of documents in Korea although not powerful. The present study is designed to examine the characteristics and effective retrieval method of full-text databases now commercially available through various vendors. The outline of this paper IS as follows: First, background and present situation of existing full-text database services through national and worldwide are examined. Second, free-text searching system of full-text databases is compared with controlled vocabulary system. The factors influencing on free-text retrieval performance, searching thesaurus, and hybrid or compromising system, which is using limited controlled vocabulary in conjunction with natural language for the enrichment needed for practical operation of the . system, are examined. Third, user demands through the analysis of preceding studies on 'various types of full-text databases are recognised. Fouth, application of CD-ROM full-text database to the libraries and information centers is examined as prospective resources for them. Finally, some problems and prospect of full-text databases are presented.

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