• Title/Summary/Keyword: Forward-Looking

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Determinants of Stock Liquidity: Forward-Looking Information, Corporate Governance, and Asymmetric Information

  • UTAMI, Wiwik;WAHYUNI, Putri Dwi;NUGROHO, Lucky
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.795-807
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    • 2020
  • The more liquid the capital market, the more attractive it will be for investors to place their money in the capital market. Therefore, the purpose of this study is to investigate the factors that influence stock liquidity of manufacturing sector companies listed on the stock exchange in Indonesia. The independent variables used in this study are forward-looking information disclosure, institutional ownership, foreign ownership, and board activity with information asymmetry as an intervening variable and stock liquidity as the dependent variable. The population of this study is manufacturing sector companies listed on the Indonesian stock exchange (IDX). Samples are selected based on the random sampling method, and the number of samples is calculated based on the Slovin formula. The sample was 59 manufacturers, and data was annual reports (for 2 years) and stock transactions from 2016 to 2017. The results of the study showed that forward-looking information disclosure had a significant effect on information asymmetry. Information asymmetry and foreign ownership have a significant impact on stock liquidity, whereas information asymmetry mediates the relationship between forward-looking disclosures and stock liquidity. Furthermore, the accuracy of information about the certainty of business activity both now and in the future can instill confidence in stakeholders in interacting and cooperating.

Forward-Looking Ultrasound Imaging Transducer : II. Fabrication and Experimental Results

  • Lee, Chankil
    • The Journal of the Acoustical Society of Korea
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    • v.15 no.2E
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    • pp.76-84
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    • 1996
  • The experimental testing results of the large-scale version of a forward-looking ultrasound imaging catheter(FLUIC) are presented, along with the fabrication techniques used, experimental methods, and comparisons of the measured and simulated results. The transducer model is verified by measuring the electrical impedance of the transducer. The pulse width, beamwidth, and the dynamic range for both transmit and pulse-echo response of the fabricated FLUIC are also analyzed. The experimental results conformed its forward-looking imaging capability and the sources of discrepancies between the simulated and experimental beam profiles are addressed.

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Donguibogam as a Pioneer of Mind-Body Medicine - Forward-looking Value of Donguibogam as a Documentary Heritage (심신의학(Mind-Body Medicine)의 선구로서의 "동의보감(東醫寶鑑)" - "동의보감(東醫寶鑑)"의 의료철학이 지닌 미래적 가치)

  • Hwang, Gyeong-Sik
    • Korean Journal of Oriental Medicine
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    • v.15 no.1
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    • pp.23-29
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    • 2009
  • The value of Dongeuibogam has been officially acknowledged as a Memory of the World. However, we should not overlook the forward-looking value of Dongeuibogam in addition to its backward-looking value. For the past 200 years, Western medicine has attained great achievements in therapeutic medicine based on Descartes' mind-body dualism, which focuses on the body as a separate entity from the mind. Recently, Western medicine modified its previously one-sided track into a new orientation towards holistic mind-body medicine in recognition of the two as an organic whole. At this point in time, it is essential to draw attention to the forward-looking value of Dongeuibogam, which pioneered mind-body medicine based on the medicinal philosophy of Jing Qi Shen more than 400 years ago.

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Two-Dimensional Entropy Minimizing Autofocusing of Millimeter-Wave (W-Band) FMCW SAR (밀리미터파(W 밴드) 탐색기용 FMCW SAR 영상의 2차원 엔트로피 최소 자동 초점 기법)

  • Park, Jaehyun;Chun, Joohwan;Lee, Hyukjung;Song, Sungchan
    • The Journal of Korean Institute of Electromagnetic Engineering and Science
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    • v.29 no.4
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    • pp.316-319
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    • 2018
  • To detect the ground moving target, forward-looking SAR images obtained from the FMCW radar can be exploited. However, the quality of the SAR image is deteriorated due to the turbulence or fluctuation because of the flight path condition during the missile movement. We herein propose an entropy-minimizing autofocus method to compensate the motion error of forward-looking SAR. In particular, owing to the geometry of the forward-looking SAR, the motion error affects the SAR image in the two-dimensional (2D) form (azimuth and time axis). Therefore, we suggest a 2D autofocus method for the motion compensation.

Effects of Primitive Reflex Integration Exercises on Forward Head Posture, Balance, and Concentration in Children with Neurodevelopmental Disability : A pilot study (원시반사통합운동이 신경발달장애 아동의 앞쪽머리자세, 균형능력, 주의집중력에 미치는 효과 : 예비연구)

  • Jeong, Ji-Ung;Choi, Han;Hahm, Suk-Chan
    • Journal of The Korean Society of Integrative Medicine
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    • v.9 no.4
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    • pp.29-38
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    • 2021
  • Purpose : Therapeutic exercise should improve the health outcomes of rehabilitation in children with neurodevelopmental disability. The purpose of this study was to investigate the feasibility of primitive reflex integration exercises on forward head posture, balance ability, and concentration in children with neurodevelopmental disability. Methods : This study included 10 children with neurodevelopmental disability. Primitive reflex integration exercises were performed for 40 minutes, twice a week for 8 weeks (16 sessions). The reflective markers were placed at the center of the shoulders and on the ears. A caliper was used to measure the distance between the attachments of the reflective markers to assess the forward head posture. Pediatric balance scale was used to quantify balance ability. Their abilities in terms of changeless sitting, looking at the teacher, putting children's hands on their knees, and looking at immovable and movable objects, were assessed to quantify concentration. Results : There were significant improvements in forward head posture after the intervention (p=.005). Primitive reflex integration exercises significantly improved balance ability of children with neurodevelopmental disability (p=.027). There were also significant improvements in changeless sitting (p=.005), looking at the teacher (p=.004), putting children's hands on their knees (p=.005), and looking at the immovable (p=.004) and movable (p=.004) objects. Conclusion : This study showed that primitive reflex integration exercises were a useful intervention to improve forward head posture, balance, and concentration in children with neurodevelopmental disability. Therefore, primitive reflex integration exercises may also promote and improve their general development. Further studies with appropriate sample size and control group are needed to conclude the effectiveness of primitive reflex integration exercises on improving posture, motor function, and concentration in children with neurodevelopmental disability.

Inversion in the Centering Framework

  • Joh, Yoon-Kyoung
    • Language and Information
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    • v.17 no.1
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    • pp.17-32
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    • 2013
  • Birner (1998) analyzes the construction of inversion within the centering theory, claiming that the preposed constituent in the inversion structure represents the backward-looking center that connects the current utterance to the previous discourse. However, this paper refutes such a strong claim, pointing out various problems of her work. Instead, this paper argues that the preposed element in the inversion construction is merely the preferred center under the condition that the ranking of the forward-looking centers is determined by the surface word order, rather than by grammatical relations. Thus, this paper claims that the discourse function of the construction of inversion is not text development but merely prominence-giving, in the sense of Ili$\acute{c}$ (1998).

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Forward-Looking Synthetic Inverse Scattering Image Formation for a Vehicle with Curved Motion Based on Time Domain Correlation (시간 영역 상관관계 기법을 통한 곡선운동을 하는 차량용 전방 관측 역산란 합성 영상 형성)

  • Lee, Hyukjung;Chun, Joohwan;Hwang, Sunghyun;You, Sungjin;Byun, Woojin
    • The Journal of Korean Institute of Electromagnetic Engineering and Science
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    • v.30 no.1
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    • pp.60-69
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    • 2019
  • In this paper, we deal with forward-looking imaging, and focus on forward-looking synthetic inverse scattering imaging for a vehicle with curved motion. For image formation, time domain correlation(TDC) is used and a 2D image of the ground in front of the vehicle is generated. Because TDC is a technique that implements matched filtering for a space-variant system, it is robust to Gaussian additive noise of measurements. Furthermore, comparison and analysis between images from linear motion and curved motion show that the resolution of the image is improved; however, the entropy of the image is increased owing to curved motion.

A Study on Mine Localization of Forward Looking Sonar Considering the Effect of Underwater Sound Refraction (수중 음파 굴절효과를 고려한 전방주시소나 기뢰 위치 추정기법 연구)

  • Sul, Hoseok;Oh, Raegeun;Yang, Wonjun;Yoon, Young Geul;Choi, Jee Woong;Han, Sangkyu;Kwon, Bumsoo
    • Journal of the Korea Institute of Military Science and Technology
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    • v.25 no.3
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    • pp.231-238
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    • 2022
  • Mine detection has been mainly studied with images of the forward-looking sonar. Forward-looking sonar assumes the propagation path of the sound wave as a straight path, creating the surrounding images. This might lead to errors in the detection by ignoring the refraction of the sound wave. In this study, we propose a mine localization method that can robustly identify the location of mines in an underwater environment by considering the refraction of sound waves. We propose a method of estimating the elevation angle of arrival of the target echo signal in a single receiver, and estimate the mine location by applying the estimated elevation angle of arrival to ray tracing. As a result of simulation, the method proposed in this paper was more effective in estimating the mine localization than the existing method that assumed the propagation path as a straight line.

Strategic Management Accounting and Firm Performance: Evidence from Finance Businesses in Thailand

  • PHORNLAPHATRACHAKORN, Kornchai;NA-KALASINDHU, Khajit
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.309-321
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    • 2020
  • This study aims to examine the effects of strategic management accounting on firm performance of finance businesses in Thailand. Strategic management accounting comprises of environmental scanning, competitor orientation and forward-looking information. In this study, 175 finance businesses in Thailand are the samples of the study. A mail survey procedure was used for data collection. The hierarchical multiple regression analysis is employed to test the research relationships. Firstly, environmental scanning positively affects operational excellence, organizational effectiveness and firm performance. Secondly, competitor orientation is positively related to managerial efficiency and organizational effectiveness. Thirdly, forward-looking information has a positive influence on operational excellence, managerial efficiency, organizational effectiveness, and firm performance. In addition, operational excellence, managerial efficiency and organizational effectiveness have positive impact on firm performance. Finally, to verify the mediating effects, operational excellence, managerial efficiency and organizational effectiveness are the mediators of the research relationships. This study confirms that all dimensions of strategic management accounting play a significant role in determining business outcome as being congruent with the theory of resource-based views of the firms. Executives of firms need to provide valuable resources and capabilities to support the strategic management accounting implementation in order to achieve good business outcome in highly competitive environments.