• Title/Summary/Keyword: Individual Effect

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Stock Splits and Trading Behavior of Investors (주식분할과 투자자 매매행태)

  • Park, Jin-Woo;Lee, Min-Gyo
    • Asia-Pacific Journal of Business
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    • v.11 no.4
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    • pp.317-332
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    • 2020
  • Purpose - This study examines the information effect and trading behavior of investors for the 430 stock split data from January 2004 to June 2018 in the Korean stock market. Design/methodology/approach - The stock split samples are classified into two groups by split ratio as well as three groups by price level prior to split. We also investigate the trading behavior of investors categorized by institutional versus individual investors. Findings - First, we find a significantly positive information effect on the announcement day. In particular, the information effect is more distinct in the group of larger split ratio and higher price level of stocks. Second, we find a huge increase in turnover following the stock splits, which mainly results from the trading by individual investors. Also, the increase in turnover by individual investors is evident in the group of larger split ratio and higher price level of stocks. Third, the stock splits have a negative impact on the long-term stock performance. The negative buy-and-hold abnormal return(BHAR) makes no difference in the groups by split ratio as well as price level of stocks. Lastly, we find individual investors tend to buy splitted stocks, which exhibit the long-term under-performance. Research implications or Originality - The results in this paper suggest that the liquidity hypothesis is not supported in the Korean stock splits. In addition, we observe that individual investors are exposed to losses due to their unfavorable trading behavior following the stock split.

A Study on the Dual Mediating Effects of Individual Optimistic Bias and Information Security Intent in the Relationship between Information Security Attitude and Information Security Behavior of Social Welfare College Students (사회복지 전공대학생의 정보보안 태도와 정보보안 행위와의 관계에서 개인의 낙관적 편견과 정보보안 의도의 이중 매개효과)

  • Yun, Il-Hyun
    • Journal of Industrial Convergence
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    • v.19 no.6
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    • pp.145-153
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    • 2021
  • This study empirically verified whether there is a dual mediating effect of individual optimistic bias and information security intention in the relationship between information security attitude and information security behavior of social welfare college students. The subjects were 295 college students majoring in social welfare. Spss Process macro was used for analysis. As a result. first there was a significant positive correlation between the variables. Second in the relationship between information security attitude and information security behavior, individual optimistic bias and information security intent each had a simple mediating effect. Third when an individual's optimistic bias and information security intent were simultaneously input, each had a simple mediating effect. Fourth there was a double mediating effect between individual optimistic bias and information security intent. This study provided basic data for the expansion of information security model and information security education of social welfare students.

The Effect of Inflation on the Financial and Investment Decisions of Individual Companies (인플레이션이 기업의 투자 및 자금조달 의사결정에 미치는 영향)

  • Kim, Kwang-Soo;Lee, Yu
    • Korean Business Review
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    • v.23 no.1
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    • pp.1-16
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    • 2010
  • It is generally considered from the point of view of macroeconomics that inflation has an effect favorable to the owners of tangible assets in the allocation of assets and lightens the burden of debtors in the redemption of their liabilities. But, this effect of inflation has not yet been fully verified in the case of individual firms. Accordingly, in this article I will examine the effect of inflation on the financial and investment decisions of individual companies.

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Effects of Consumer's Individual Value on Product Selection Attribute and Re-purchase Intention : Focused on Consumers Who Had Purchased Kimchi

  • KIM, Hey-Sook;SHIN, Choung-Seob;CHOI, Young-Sim
    • East Asian Journal of Business Economics (EAJBE)
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    • v.8 no.4
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    • pp.1-18
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    • 2020
  • Purpose - The current study attempts to reveal the causal relationship and identify the interrelationships among individual value, product selection attribute, and re-purchase intention of consumers when purchasing kimchi. Research design, data, and methodology - The surveys were distributed and retrieved to kimchi consumers in Seoul and Gyeonggi Province who were over 20 years old and who had purchased kimchi before. The current study utilized the self-reporting survey as the research method. Result - First, as a result of hypothesis 1 test, both internal value and external value had a significant effect. Second, as a result of hypothesis 2 test, while internal value had a significant effect, external value did not have a significant effect. Third, as a result of hypothesis 3 test, while internal value had a significant effect, external value did not have a significant effect. Fourth, as a result of hypothesis 4 test, all quality, brand, and price had a significant effect. Fifth, as a result of hypothesis 5 test, while internal value had a significant effect, external value did not have a significant effect. Conclusion - The current study aims to establish marketing and service strategies to maximize profits and secure competitive advantage in the kimchi industry through changes in the management strategy of the Korean kimchi industry.

The Effect of Corporate Support in Learning on Individual Participation in Learning and Organizational Learning (기업에서 학습지원이 개인의 학습참여와 조직학습에 미치는 영향 분석)

  • Kim, Jiyoung;Chang, Wonsup
    • Journal of vocational education research
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    • v.29 no.3
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    • pp.133-156
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    • 2010
  • This study examines corporate support in learning on individual participation in learning and organizational learning. For this purpose, First, what does corporate support in learning affect individual participation in learning? Second, what does corporate support in learning and individual participation influence organizational learning? This study analyzed 1,268 employees at 139 companies. Sample sizes averaged about 9.22 employee per corporate. This paper used statistical method of hierarchical linear model. Above all, the findings show that corporate support in both formal and informal learning has meaningful effect on individual participation in formal learning and relationship. The findings reveal that corporate support in formal learning has influence on capacity, organizational memory, learning competency, adaptation to environment except sharing value. Furthermore, individual participation in learning has positive effect of increased organizational learning in all areas. In particular, it is shown that participation in informal relationship plays an important role to improve individuals' organizational learning ability.

The Effects of Individual Education on Self-Care Knowledge and Performance for Breast Cancer Patients Receiving Chemotherapy (항암화학요법에 관한 개별교육이 유방암환자의 지식과 자가 간호수행에 미치는 효과)

  • Kim, Eun-Mi;Wang, Myung-Ja
    • Journal of East-West Nursing Research
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    • v.18 no.1
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    • pp.1-8
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    • 2012
  • Purpose: The purpose of this study was to examine the effect of an individual education program on breast cancer patients who received chemotherapy. Methods: The quasi-experimental design was employed with a nonequivalent control group pre-post test. The study was performed from January 1 to July 30, 2010 for the patients who were firstly treated by A C (Adriamycin, Cyclophosphamide) chemotherapy in a university hospital. Control group was recruited first to prevent treatment diffusion. The experimental group was recruited and received an individual education during 30 minutes. The collected data were analyzed using SPSS 16.0 version. ${\chi}^2$-test, t-test, and the Pearson correlation were implemented in order to examine the effect of the individual education among the patients who are treated by chemotherapy. Results: The experimental group had a greater improvement in self-care knowledge (t=-5.236, p=.001), and self-care performance (t=-6.543, p=.004) than did control group. Moreover, the experimental group had significantly positive correlation between self-care knowledge and self-care performance (r=.494, p=.006) as compared to the control group. Conclusion: The individual education program on cancer patients who were treated by chemotherapy could be utilized as an effective nursing intervention.

The Effect of Office Layouts and Ambient Office Sounds on the Simple Tasks of White Collar Workers

  • Yoon, Heakyung Cecilia
    • Architectural research
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    • v.8 no.2
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    • pp.11-16
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    • 2006
  • The purpose of this study is to scrutinize the effect of office layouts and ambient office sounds on the performance of office workers involved with a proof-reading test (simple task). Twenty subjects, who were professional researchers and computer programmers, were from three different office layouts: 1) Nine subjects from a combined office type with open meeting places and closed individual offices; 2) five from an open office with rectangular individual workstations, and 3) six from an open office with triangular individual workstations. Architects and consultants working in the field of office have reported from interviews and their own observations that occupants' satisfaction differs as their office layouts vary although the sizes are the same. This finding leads to the hypothesis of this experiment. Proof-reading test results were obtained from three different office layouts (combined office type, rectangular and triangular individual workstations in open offices) under two different sound conditions (quiet background sound and ambient sound of their own workplace) for 10 minutes. The test analysis shows the mean test score of subjects from the triangular individual workstations in open offices is significantly different from the mean test scores of subjects from the combined office type and the rectangular individual workstations in open offices.

Factors Affecting Attitudes toward Social Login Services: The Moderating Role of Individual Innovativeness (소셜 로그인 서비스 태도에 영향을 미치는 요인: 개인 혁신성의 조절효과)

  • Qiu, Xiao-Yan;Koh, Joon
    • Journal of Information Technology Applications and Management
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    • v.25 no.4
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    • pp.1-21
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    • 2018
  • Due to the increase in the use of the Internet, it is becoming more common to provide or use a social login for registering for services. Herein, the purpose of this study is to analyze the influence of security, individual innovativeness, ubiquity and brand awareness on the use of social log-in service through the individuals' attitude who have memorized various IDs and passwords by using Technology Acceptance Model (TAM). In addition, the effect of individual innovativeness on the relationship between social login characteristic factors and attitudes toward social login services are examined. Based on the statistical results, it is found that the significant factors affecting the attitude toward the social login service are the security, ubiquity, brand awareness and perceived usefulness. Moreover, the individual innovativeness is found to have the moderating effects in the relationship between the three factors (the perceived usefulness, and perceived ease of use, and security) and attitude toward the social login service. Positive attitudes increase with the usefulness, ease of using social login serive when individual innovativeness is high. On the other hand, when individual innovativeness is low, the stronger the effect of security on attitude toward the social login services. In accordance with these results, the implications and limitations of this study are discussed.

Pharmacodynamic principles and target concentration intervention

  • Holford, Nick
    • Translational and Clinical Pharmacology
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    • v.26 no.4
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    • pp.150-154
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    • 2018
  • This tutorial reviews the principles of dose individualisation with an emphasis on target concentration intervention (TCI). Once a target effect is chosen then pharmacodynamics can predict the target concentration and pharmacokinetics can predict the target dose to achieve the required response. Dose individualisation can be considered at three levels: population, group and individual. Population dosing, also known as fixed dosing or "one size fits all" is often used but is poor clinical pharmacology; group dosing uses patient features such as weight, organ function and comedication to adjust the dose for a typical patient; individual dosing uses observations of patient response to inform about pharmacokinetic and pharmacodynamics in the individual and use these individual differences to individualise dose.

The Effect of Intrinsic Motivation on Individuals' Performance and the Mediating Role of Job Stress in the Republic of Korea Army

  • Yongjoon Park;Sunggyun Shin
    • International Journal of Advanced Culture Technology
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    • v.12 no.1
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    • pp.144-157
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    • 2024
  • This study examines the relationship between intrinsic motivation and individuals' performance in the Republic of Korea armed forces and explores whether job stress mediates the relationship between intrinsic motivation and individuals' performance. The research questions are: (1) Does intrinsic motivation influence individual performance in military organizations? (2) Does job stress impact individual performance? and (3) Does job stress mediate the relationship between intrinsic motivation and individual performance? The study utilizes data collected from a 350 soldiers survey in the Special Forces Brigade and Special Assault Commando Regiment of the Republic of Korea's Army. We use structural equation modeling (SEM) to explore the mediation role among intrinsic motivation, job stress, and individuals' performance. Research findings suggest that intrinsic motivation negatively impacts job stress. We also find that job stress has a positive effect on firearm skills. Moreover, the study reveals that the relationship between intrinsic motivation and firearm skills is partially mediated by job stress.