• Title/Summary/Keyword: LEVEL OF INTERESTS

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The Relations between Ownership Structure and Cash Holdings of Firms (기업의 소유구조와 현금보유간의 관계)

  • Shin, Min-Shik;Kim, Soo-Eun
    • The Korean Journal of Financial Management
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    • v.27 no.1
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    • pp.89-120
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    • 2010
  • In this paper, we analyse empirically the relations between ownership structure and cash holdings of firms listed on Korea Securities Market and Kosdaq Market of Korea Exchange. The main results of this study can be summarized as follows. Cash holdings increase as large shareholder's equity holdings increase. Cash holdings increase as the difference between first largest shareholder's and second largest shareholder's equity holdings increase, and cash holdings increase as the ownership concentration increase. Managerial ownership exert a non-linear effects on cash holdings. So to speak, at lower level of managerial ownership, managers hold more cash to pursue their own interests at the expense of minority shareholders, but at higher level of managerial ownership, the interests of managers and shareholders are aligned, and also at highest level of managerial ownership, managers hold more cash to pursue their own interests at the expense of minority shareholders. Cash holdings increase larger in owner-controlled firm than in management-controlled firm. These results support the expropriation of minority shareholders hypothesis that large shareholders can extract private benefits from corporate resources under their control at the expense of minority shareholders. This paper contributes to defining information value of large shareholder's equity holdings on cash holdings for a firms' other stakeholders such as investors and creditors, and to strengthening a legal and institutional safeguard for external minority shareholders. Ownership concentration might have negatively affected the evolution of the legal and institutional frameworks for corporate governance and the manner in which economic activity is conducted. It could be a formidable barrier to future policy reform.

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Adolescent Consumers' Attitudes toward TV Advertisements on and Purchasing Behaviors of the Sport Beverages (청소년 소비자의 스포츠 음료에 대한 TV 광도 수용태도와 구매 행동)

  • Kim, Shin-Ae;Cho, Jae-Soon
    • Korean Journal of Human Ecology
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    • v.4 no.1
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    • pp.51-61
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    • 1995
  • The purpose of this study was to find out the characteristics of the adolescent consumers related to the attitudes toward TV advertisements on and purchasing behaviors of the sport beverages, and to test the role of the atitudes toward TV advertisements between the consumer characteristics and the purchasing behaviors of the sport beverages. The qusetionnaire method was utilized to 549 female and male junior and senior high school students in urban and rural areas. The results showed that the attitudes toward TV advertisement on sport beverage was related to the residentiae years in school, whom to buy, level of interests in sports, and level of knowledges of the beverages; purchasing behaviors of the sport beverages, whom to buy, gender, level of knowledges of the beverages, size of the allowance, and the residentiae years in school. The attitudes toward TV advertisements seemed to the intervenning role between the consumer characteristics and the purchasing behaviors among adolescent consumers.

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An Empirical Study related to the Change of Perceptual Level of Key Success Factors over e-Business System Life Cycle (e-비즈니스시스템 수명주기에 따른 핵심성공요인 중요도 인식변화 실증연구)

  • Park, Gi-Ho;Song, Gyeong-Seok
    • 한국디지털정책학회:학술대회논문집
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    • 2005.11a
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    • pp.143-161
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    • 2005
  • The e-business strategies ultimately pursue creating the maximal value for customers through the competitive advantages and business opportunities newly created on the basis of information technologies. For the realization of e-business strategies, the successful implementation and operation of e-business system must be the crucial activities in and out of an organization. Therefore, in physical world, there were lots of interests that what kind of key factors can lead the success of e-business system. Moreover, in the field of academia also, there have been many research results for investigating and finding out the key success factors for e-business system. However, the perceptual level of the significance of key success factors that organization members perceive can be changed over each phase of system life cycle such phases as introduction, growth, maturity, and decline. This study investigated that there might be significant differences in the perceptual level regarding importance of success factors among phases of system life cycle.

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Depression and Interest Level of Office Workers in their 30s to 40s

  • Ahn, Si-Nae
    • International journal of advanced smart convergence
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    • v.8 no.2
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    • pp.126-131
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    • 2019
  • This study investigated the relationship between depressive symptoms and interests of workers in their 30s to 40s. This study recruited 49 workers who fit the selection criteria. Descriptive, frequency, and regression analyses were performed. To describe participant characteristics and the classification of depression and interest, descriptive and frequency analyses were used. The effect of interest patterns on depressive symptoms was analyzed using a multiple regression analysis, specifying the significance level at 0.05. The results of this study showed that half of the respondents, who were in their 30s and 40s, experienced depression. In addition, this study indicated that interest of workers in their 30s to 40s in daily, cognitive, physical, and social activities in the present was lower than that in the past. This interest level affected depression in past and present interest (p<0.05). This study investigated the relationship between interest and depression of workers in their 30s to 40s and suggest that interest in various areas may help prevent depression.

Simulation of Tidal Fields around a Huge Floating Marina using a Multi-level Method

  • BOO SUNG YOUN
    • Proceedings of the Korea Committee for Ocean Resources and Engineering Conference
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    • 2004.11a
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    • pp.114-119
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    • 2004
  • Floating marina has been interests as an alternative to the facilities for recreational boats because of its cost effectivenes and less environmental conflicts. For tile present research, a square floating marina with a length of 400m and draft of 5m was used. This marina can be extended to 800m by putting anotjer one together. Tidal field around tile marina was simulated using a multi-level finite difference method. Tidal motion was assumed sinusoidal in a closed rectangular bay. Velocities and residual current were investigated for two cases of single marina and two marinas installed in tile bay. It was found that the horizontal velocity fields from the water surface to the structure bottom around tile marina were affected. In the marina basin, magnitude of velocity was reduced considerably but overall quality of water circulation was preserved even after two marina were installed.

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A Study for the Optimal Expression Level Definition of BIM Model in Construction Phase (시공단계 BIM모델의 적정표현수준 정의를 위한 기초 연구)

  • Noh, Hae-ra;Kim, Ji-yun;Lee, Da-un;Yun, Seok-heon
    • Korean Journal of Computational Design and Engineering
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    • v.21 no.4
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    • pp.378-388
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    • 2016
  • As the needs for the mega-sized, high-rise and irregular shape of building increase, domestic application of BIM in construction industry is increasing in recent years. In this circumstance, interests in BIM modeling and modeling detail level have been also increased. BIM that is based on a three-dimensions, requires a specific and precise building expressions. And model expression level required for each phase such as design, construction, and maintenance of the construction project could be different as its needs. Because that it is not clear to define the criteria for the expression level of construction BIM model, It is difficult to decide how detail and what to model is appropriate in the practical application of BIM model. It could be the reason why the productivity in construction project became lower and lower. In this study we consider the way how to improve the productivity of BIM and analyze the appropriate representation level of construction BIM model through the experts' survey. The results of study could suggest the basis for an appropriate expression level of construction BIM model.

F-Hessian SIFT-Based Railroad Level-Crossing Vision System (F-Hessian SIFT기반의 철도건널목 영상 감시 시스템)

  • Lim, Hyung-Sup;Yoon, Hak-Sun;Kim, Chel-Huan;Ryu, Deung-Ryeol;Cho, Hwang;Lee, Key-Seo
    • The Journal of the Korea institute of electronic communication sciences
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    • v.5 no.2
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    • pp.138-144
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    • 2010
  • This paper presents the experimental analysis of a F-Hessian SIFT-Based Railroad Level-Crossing Safety Vision System. Region of surveillance, region of interests, data matching based on extracting feature points has been examined under the laboratory condition by the model rig on a small scale. Real-time system were observed by using SIFT based on F-Hessian feature tracking method and other common algorithm.

STRUCTURAL CHANGES IN DYNAMIC LINEAR MODEL

  • Jun, Duk B.
    • Journal of the Korean Operations Research and Management Science Society
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    • v.16 no.1
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    • pp.113-119
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    • 1991
  • The author is currently assistant professor of Management Science at Korea Advanced Institute of Science and Technology, following a few years as assistant professor of Industrial Engineering at Kyung Hee University, Korea. He received his doctorate from the department of Industrial Engineering and Operations Research, University of California, Berkeley. His research interests are time series and forecasting modelling, Bayesian forecasting and the related software development. He is now teaching time series analysis and econometrics at the graduate level.

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A Dynamic Management Method for FOAF Using RSS and OLAP cube (RSS와 OLAP 큐브를 이용한 FOAF의 동적 관리 기법)

  • Sohn, Jong-Soo;Chung, In-Jeong
    • Journal of Intelligence and Information Systems
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    • v.17 no.2
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    • pp.39-60
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    • 2011
  • Since the introduction of web 2.0 technology, social network service has been recognized as the foundation of an important future information technology. The advent of web 2.0 has led to the change of content creators. In the existing web, content creators are service providers, whereas they have changed into service users in the recent web. Users share experiences with other users improving contents quality, thereby it has increased the importance of social network. As a result, diverse forms of social network service have been emerged from relations and experiences of users. Social network is a network to construct and express social relations among people who share interests and activities. Today's social network service has not merely confined itself to showing user interactions, but it has also developed into a level in which content generation and evaluation are interacting with each other. As the volume of contents generated from social network service and the number of connections between users have drastically increased, the social network extraction method becomes more complicated. Consequently the following problems for the social network extraction arise. First problem lies in insufficiency of representational power of object in the social network. Second problem is incapability of expressional power in the diverse connections among users. Third problem is the difficulty of creating dynamic change in the social network due to change in user interests. And lastly, lack of method capable of integrating and processing data efficiently in the heterogeneous distributed computing environment. The first and last problems can be solved by using FOAF, a tool for describing ontology-based user profiles for construction of social network. However, solving second and third problems require a novel technology to reflect dynamic change of user interests and relations. In this paper, we propose a novel method to overcome the above problems of existing social network extraction method by applying FOAF (a tool for describing user profiles) and RSS (a literary web work publishing mechanism) to OLAP system in order to dynamically innovate and manage FOAF. We employed data interoperability which is an important characteristic of FOAF in this paper. Next we used RSS to reflect such changes as time flow and user interests. RSS, a tool for literary web work, provides standard vocabulary for distribution at web sites and contents in the form of RDF/XML. In this paper, we collect personal information and relations of users by utilizing FOAF. We also collect user contents by utilizing RSS. Finally, collected data is inserted into the database by star schema. The system we proposed in this paper generates OLAP cube using data in the database. 'Dynamic FOAF Management Algorithm' processes generated OLAP cube. Dynamic FOAF Management Algorithm consists of two functions: one is find_id_interest() and the other is find_relation (). Find_id_interest() is used to extract user interests during the input period, and find-relation() extracts users matching user interests. Finally, the proposed system reconstructs FOAF by reflecting extracted relationships and interests of users. For the justification of the suggested idea, we showed the implemented result together with its analysis. We used C# language and MS-SQL database, and input FOAF and RSS as data collected from livejournal.com. The implemented result shows that foaf : interest of users has reached an average of 19 percent increase for four weeks. In proportion to the increased foaf : interest change, the number of foaf : knows of users has grown an average of 9 percent for four weeks. As we use FOAF and RSS as basic data which have a wide support in web 2.0 and social network service, we have a definite advantage in utilizing user data distributed in the diverse web sites and services regardless of language and types of computer. By using suggested method in this paper, we can provide better services coping with the rapid change of user interests with the automatic application of FOAF.

NUMBER OF CYCLES IN EVOLUTIONARY OPERATION

  • Lim, Yong-B.;Park, Sung-H.
    • Journal of the Korean Statistical Society
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    • v.36 no.2
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    • pp.201-208
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    • 2007
  • Evolutionary operation (EVOP) proposed by Box (1957) is a method for continuous monitoring and improvement of a full-scale manufacturing process with the objective of moving the operating conditions toward the better ones. EVOP consists of systematically making small changes in the levels of the two or three process variables under consideration. Data are collected on the response variable at each point of two level factorial design with the center point and a cycle is said to have been completed. The cycles are replicated sequentially until the decision is made on whether further cycle of experiments is needed to conclude the significance of any of main effects or interaction effects or the curvature. In this paper, an improved flow chart of EVOP is proposed and how to determine the number of cycles is studied based on the size of type II error. In order to reject the alternative hypothesis of interests with more confidence and conclude that we believe in the null hypothesis of no effects, we propose a counter measure $p^*-value$ corresponding to the p-value. The relationship of $p^*-value$ to the probability of type II error ${\beta}$ under the alternative hypothesis of interests is analogous to that of p-value to the probability of type I error ${\alpha}$. Also the implementation of EVOP with a mixture experiment is discussed.