• Title/Summary/Keyword: Financial Network

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The Effects of Team Network Characteristics and Boundary Spanning Activities on Knowledge Management Performances: The Mediating Role of Trust (팀 네트워크 특성과 경계관리 활동이 지식경영 성과에 미치는 영향: 팀 신뢰의 매개역할)

  • Goh, Yumi;Kim, Jee-Young;Chung, Myung-Ho
    • Knowledge Management Research
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    • v.14 no.5
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    • pp.101-120
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    • 2013
  • The effective management of knowledge has become one of the critical success factors in current organizations. In spite of the extensive use of Knowledge Management System (KMS), useful information and knowledge resources are still transmitted through personal networks among people in organizations. Thus, social network theory which focuses on social relationships in organization can be a fruitful theoretical resource for enhancing Knowledge Management (KM) performances. In this study, we investigate the effects of intra-team network characteristics (i.e., group density and degree of centralization) and external boundary spanning activities on knowledge management performances of a team. We also acknowledge that all group members do not necessarily agree on the team goal and actively disseminate useful information and knowledge. Drawing on the political perspective on KM which emphasizes the role of trust among group members, we examine the mediating effects of team trust between internal/external network characteristics and KM performances. From the data of 220 teams in financial companies in Korea, we found that: (1) group density had positive effects on KM performances (i.e., knowledge creation, sharing, and use). (2) However, centralization was not significantly associated with KM performances. (3) Team trust was found to be an important factor mediating the relationship between intra-team network characteristics, boundary spanning activities, and KM performances. Based on these results, we discuss and suggest possible implications of the findings when designing and implementing KM practices.

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Establishment of an International Evidence Sharing Network Through Common Data Model for Cardiovascular Research

  • Seng Chan You;Seongwon Lee;Byungjin Choi;Rae Woong Park
    • Korean Circulation Journal
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    • v.52 no.12
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    • pp.853-864
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    • 2022
  • A retrospective observational study is one of the most widely used research methods in medicine. However, evidence postulated from a single data source likely contains biases such as selection bias, information bias, and confounding bias. Acquiring enough data from multiple institutions is one of the most effective methods to overcome the limitations. However, acquiring data from multiple institutions from many countries requires enormous effort because of financial, technical, ethical, and legal issues as well as standardization of data structure and semantics. The Observational Health Data Sciences and Informatics (OHDSI) research network standardized 928 million unique records or 12% of the world's population into a common structure and meaning and established a research network of 453 data partners from 41 countries around the world. OHDSI is a distributed research network wherein researchers do not own or directly share data but only analyzed results. However, sharing evidence without sharing data is difficult to understand. In this review, we will look at the basic principles of OHDSI, common data model, distributed research networks, and some representative studies in the cardiovascular field using the network. This paper also briefly introduces a Korean distributed research network named FeederNet.

An Efficient Algorithm for Finding the k-edge Survivability in Ring Networks

  • Myung, Young-Soo
    • Management Science and Financial Engineering
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    • v.16 no.3
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    • pp.85-93
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    • 2010
  • Given an undirected network with a set of source-sink pairs, we are assumed to get a benefit if a pair of source and sink nodes are connected. The k-edge survivability of a network is defined as the total benefit secured after arbitrarily selected k edges are destroyed. The problem of computing k-edge survivability is known to be NP-hard and has applications of evaluating the survivability or vulnerability of a network. In this paper, we consider the k-edge survivability problem restricted to ring networks and develop an algorithm to solve it in O($n^3$|K|) time where n is the number of nodes and K is the set of source-sink pairs.

Clustering of Incomplete Data Using Autoencoder and fuzzy c-Means Algorithm (AutoEncoder와 FCM을 이용한 불완전한 데이터의 군집화)

  • 박동철;장병근
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.29 no.5C
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    • pp.700-705
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    • 2004
  • Clustering of incomplete data using the Autoencoder and the Fuzzy c-Means(PCM) is proposed in this paper. The Proposed algorithm, called Optimal Completion Autoencoder Fuzzy c-Means(OCAEFCM), utilizes the Autoencoder Neural Network (AENN) and the Gradiant-based FCM (GBFCM) for optimal completion of missing data and clustering of the reconstructed data. The proposed OCAEFCM is applied to the IRIS data and a data set from a financial institution to evaluate the performance. When compared with the existing Optimal Completion Strategy FCM (OCSFCM), the OCAEFCM shows 18%-20% improvement of performance over OCSFCM.

A comparative Study of ARIMA and Neural Network Model;Case study in Korea Corporate Bond Yields

  • Kim, Steven H.;Noh, Hyunju
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1996.10a
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    • pp.19-22
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    • 1996
  • A traditional approach to the prediction of economic and financial variables takes the form of statistical models to summarize past observations and to project them into the envisioned future. Over the past decade, an increasing number of organizations has turned to the use of neural networks. To date, however, many spheres of interest still lack a systematic evaluation of the statistical and neural approaches. One of these lies in the prediction of corporate bond yields for Korea. This paper reports on a comparative evaluation of ARIMA models and neural networks in the context of interest rate prediction. An additional experiment relates to an integration of the two methods. More specifically, the statistical model serves as a filter by providing estimtes which are then used as input into the neural network models.

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A Study on Applying Social Network Centrality Metrics to the Ownership Networks of Large Business Groups (사회네트워크 중심성 지표를 이용한 기업집단 소유네트워크 분석)

  • Park, Chan-Kyoo
    • Korean Management Science Review
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    • v.32 no.2
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    • pp.15-35
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    • 2015
  • Large business groups typically have central firms through which their controlling families establish (or acquire) new firms and maintain control over other member firms. Research on corporate governance has developed metrics to identify those central firms and investigated an impact of the centrality on ownership structure and firm's financial performance. This paper introduces centrality metrics used in social network analysis (SNA) to measure how crucial a role each firm plays in the ownership structure of its business group. Then, the SNA centrality metrics are compared with the metrics developed in corporate governance field. Also, we test the relationship between the SNA centrality metrics and firm's value. Experimental results show that the SNA centrality metrics are closely correlated with the centrality metrics used in corporate governance and are significantly correlated with firm's value.

A Neural Network Model for Bankruptcy Prediction -Domestic KSE listed Bankrupted Companies after the foreign exchange crisis in 1997 (인공신경망을 이용한 기업도산 예측 - IMF후 국내 상장회사를 중심으로 -)

  • Jeong Yu-Seok;Lee Hyun-Soo;Chae Young-Il;Suh Yung-Ho
    • Proceedings of the Korean Society for Quality Management Conference
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    • 2004.04a
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    • pp.655-673
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    • 2004
  • This paper is concerned with analysing the bankruptcy prediction power of three models: Multivariate Discriminant Analysis(MDA ), Logit Analysis, Neural Network. The after-crisis bankrupted companies were limited to the research data and the listed companies belonging to manufacturing industry was limited to the research data so as to improve prediction accuracy and validity of the model. In order to assure meaningful bankruptcy prediction, training data and testing data were not extracted within the corresponding period. The result is that prediction accuracy of neural network model is more excellent than that of logit analysis and MDA model when considering that execution of testing data was followed by execution of training data.

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연구개발 평가를 위한 ANP(Analytic Network Process) 모형

  • Lee Yeong Chan;Jeong Min Yong
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2002.05a
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    • pp.492-499
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    • 2002
  • Technology Management and R&D(Research and Development) have been one of the most difficult divisions for measurement and evaluation. In spite of these difficulties, the concern and importance of R&D has been dramatically increased. However, it is actually very difficult to manage more efficiently and effectively than any other departments of production, finance, marketing and so on. As criticizing the shortcomings of the traditional evaluation system in making decisions for corporate management which has only been focused on financial indices, so Kaplan & Norton has suggested the Balanced Scorecard (BSC) which can be managed Critical Success Factors(CSF) in accordance with corporate's strategy. The Analytic Network Process(ANP), though based on the Analytic Hierarchy Process, allows the decision makers to leap beyond the traditional hierarchy to the interdependent environment of network modeling. Basing on BSC, this study has developed the evaluation system for R&D which has used ANP transforming quantitative and qualitative indices to the quantifying scales in evaluating R&D.

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Predicting Stock Prices using Book Values and Earnings-per-Share Based on Linear Regression Model and Neural Network Model (장부가치와 주당 이익을 이용한 선형회귀모형과 신경망모형의 주가예측)

  • Choi, Sung-Sub;Koo, Hyeng-Keun;Kim, Young-Kwon
    • The Korean Journal of Financial Management
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    • v.17 no.1
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    • pp.161-180
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    • 2000
  • 본 연구는 주가를 예측하는데 있어서 선형 회귀모형을 이용하는 방법과 비선형 인공신경망 모형을 이용하는 방법을 비교 분석하여, 어떤 모형이 더 우수한 예측성과를 내는지를 검증한다. 자본시장에서 투자자들은 접근하는 정보가 다르고 각기 상이한 예측 변수들을 토대로 나름대로의 예측치를 만들어 낸다. 이렇게 볼 때 개별 투자자들이 이용하는 다양한 정보집합을 결합하여 단일의 뛰어난 정보집합을 만들어내는 것은 매우 어려운 과제이다. 따라서 본 연구에서는 이용 가능한 소수의 예측 변수들을 어떤 방식으로 결합하는 것이 예측오차의 분산을 최소화할 수 있는지에 대한 현실적인 접근방법을 모색하고자 한다. 거시경제변수나 시장자료를 입력변수로 사용한 기존 연구와는 달리 본 연구에서는 재무제표 정보를 입력변수로 사용하였다 즉, 대차대조표의 최종요약치인 주당 지분의 장부가치와 손익계산서의 최종요약치인 주당 순이익을 입력변수로 사용했으며 1991년부터 1995년까지의 추정(학습)결과를 토대로 모형을 선택하여 1996년의 제무제표 정보로 1997년의 주가를 예측하는 것이 본 연구의 과제이다. 연구결과, 대체로 선형회귀모형에 비해 비선형 신경망 모형이 예측오차의 분산을 감소시키는 것으로 나타났다.

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Study on financial effects resulted from modified settlement rules (CBP시장의 정산 규칙개정에 따른 양수발전의 재무적 영향 분석)

  • Lee, Jae-Gul;Yoon, Yong-Beum;Ahn, Nam-Sung
    • Proceedings of the KIEE Conference
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    • 2005.11b
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    • pp.177-179
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    • 2005
  • In Korean Power Market, Cost-based Bidding Pool is maintaining the present condition because restructuring of electricity industry is holding. When this market is designed, Settlement rules for Pumped-storage power plant made unfairly by other power plants. These rules were considered contribution of Pumped-storage power plant to network operation. by the way, there are some discussion about Settlement rules modification. so in this paper, we calculated financial effect of power plant by modified rules. And when we modify market rules, we can offer numerical information.

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