• Title/Summary/Keyword: NetZero

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Management Performance and Announcement Effect of Seasoned Equity Offering (기업의 경영성과가 유상증자 공시효과에 미치는 영향)

  • Yoon, Hong-Geun;Lee, Young-Hwan;Park, Kwang-Suck
    • Journal of Digital Convergence
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    • v.11 no.2
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    • pp.101-114
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    • 2013
  • This paper investigates whether the announcement effect of seasoned equity offering is affected by management performance. We used Korean stock market data from 2000 to 2007 to analyze the possible relation between net income and seasoned equity offerings announcement effect. The sample of 308 firms are selected for the study from the original population of 750 seasoned equity offering announcements. and We analysis this article through event studty of Brown and J.Warner. We divide the data into two groups. - the previous offerings year's positive net income group and negative income group. Both positive and negative net income samples affect stock price positively. However, the CAR for the negative net income offerings becomes zero around 25days after the announcement date. To analyze the impact of accounting income on the seasoned equity offering announcement effects fully, we introduce a cross-sectional regression analysis by setting the cumulative abnormal returns as a dependant variable and net income as an explanatory variable. The beta coefficient of the net income shows a statistical significance. These results can be considered as an evidence to support our hypothesis.

Lift Force Variation of Flapping Wing (날개짓 비행체의 양력 변위)

  • Hong, Young-Sun
    • Journal of the Korea Institute of Military Science and Technology
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    • v.10 no.1
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    • pp.33-43
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    • 2007
  • Using the more common conventional chordwise aerodynamic approach, flapping a flat plate wing with zero degree chordwise pitch angle of attack and no relative wind should not produce lift. However, in hover, with no forward relative velocity and zero degree chordwise pitch angle of attack, flapping flat plate wings does in fact produce lift. In the experiments peformed for this paper, the flapping motion is considered pure(downstroke and upstroke) with no flapping stroke plane inclination angle. No changes in chordwise pitch angle are made. The total force is measured using a force transducer and the net aerodynamic force is determined from this measured total force by subtracting the experimentally determined inertial contribution. These experiments were repeated at various flapping frequencies and for various wing planform sizes for flat plate wings. The trends in the aerodynamic lift variation found using a force transducer have nearly identical shape for various flapping frequencies and wing planform sizes.

The Effect of Cattle Slurry on the Forage Yield and Grassland Ecosystem (목초생산성과 초지 생태계에 미치는 액상분뇨의 시용효과)

  • ;H. Jacob
    • Journal of The Korean Society of Grassland and Forage Science
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    • v.17 no.1
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    • pp.35-42
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    • 1997
  • Many farmers apply cattle slurry on grassland, often in excess of crop N requirements, resulting in groundwater contamination. Our research objective was the development of grassland management systems that reduce undesirable sideeffects on other compartment of the ecosystem. Field experiment was conducted during 1991~1993 on sandy loam soil at AllgZiu south western Germany. Different sets of conditions were tested such as : zero fertilization, reduced sluny application$(l20kg N ha^{-1}yr^{-1})$, intensive sluny application(conventional sluny application, $240kg N ha^{-1}yr^{-1}$). The plots of the reduced slurry application had no significant effect on dry matter yields, digestible dry matter and net energy of herbage. Dry matter yield of zero fertilization was significantly lower than that of usual slurry application, however the content of Ca and Mg in herbage tended to increase. We conclude that reduced sluny application can be applied on grassland without adverse effects on dry matter production and quality of herbage.

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Effects of Excipients on Colour Fading of FD & C Yellow No. 5 and FD & C Red No. 2 by Use Tintometer (Tintometer를 이용한 FD & C Yellow No. 5와 FD & C Red No.2의 퇴색에 미치는 부형제의 영향에 관한 연구)

  • Kim, Jung-Woo
    • Journal of Pharmaceutical Investigation
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    • v.5 no.2
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    • pp.57-62
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    • 1975
  • It was many differances to evaluate of the effect of excipients on colour fading in FD & C Yellow No.5 by use Tintometer and nearly is not effective in FD & C Red No. 2. When we observed colour fading in suger coating formulations by tintometer, FD & C Red No.2 was appeared to follow zero order reaction and FD & C Yellow No. 5 was not follow zero order reaction or first order reaction. Also, we could know the tendency of colour fading by visible spectrum, but it was net suitable method for this experiment more than by tintometer. The relative colour fading effect of the surfactants(Polysorbate) was as follows: Tween 60> Tween 80> Tween 20. In addition to, Benzalkonium chloride was reacted with FD & C Yellow No.5, so the stronger colour was appeared. On the other hand, the weaker colour was appeared in FD & C Red No.2. While, the sunscreening agents was not almost effective in colour fading of FD & Yellow No. 5 and FD & C Red No. 2.

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Diagnostic methods applied to Esfahan light water subcritical reactor (ELWSCR)

  • Arkani, Mohammad
    • Nuclear Engineering and Technology
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    • v.53 no.7
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    • pp.2133-2150
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    • 2021
  • In this work, Esfahan light water subcritical reactor (ELWSCR) is analysed using experimental and theoretical diagnostic methods. Important neutronic parameters of the system such as prompt neutron lifetime, delayed neutron fraction, prompt neutron decay constant, negative reactivity of the core, fuel and moderator temperature coefficient of reactivity, and overall and local void coefficient of reactivity are estimated. Also, neutron flux distribution, reflector saving, water level effect, and lattice pitch of the core including operating point of the facility are studied in details. Theoretical results are calculated by MCNPX and measurements are performed utilizing zero power reactor noise method. Detailed descriptions of the results are explained in the text.

An Efficient Mixnet for Electronic Voting Systems (전자투표 시스템을 위한 효율적인 믹스넷)

  • Jeon, Woong-Ryul;Lee, Yun-Ho;Won, Dong-Ho
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.22 no.3
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    • pp.417-425
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    • 2012
  • In 2010, Sebe et al. proposed an efficient and lightweight mixnet scheme for remote voting systems. The scheme based on a cryptographic secure hash function, does not require complex and costly zero-knowledge proofs of their correct mixing operations, thus they claimed that their scheme is simple and efficient. In this paper, we propose more efficient and fast mixnet scheme than Sebe et al.'s scheme under the same assumption.

Optimization of Green Ammonia Production Facility Configuration in Australia for Import into Korea

  • Hyun-Chang Shin;Hak-Soo Mok
    • Journal of the Korean Society of Industry Convergence
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    • v.27 no.2_1
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    • pp.269-276
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    • 2024
  • Many countries across the world are making efforts beyond reducing CO2 levels and declaring 'net zero,' which aims to cut greenhouse gas emissions to zero by not emitting any carbon or capturing carbon, by 2050. Hydrogen is considered a key energy source to achieve carbon neutrality goals. Korean companies are also interested in building overseas green ammonia production plants and importing hydrogen into Korea in the form of ammonia. Green hydrogen production uses renewable energy sources such as solar and wind power, but the variability of power production poses challenges in plant design. Therefore, optimization of the configuration of a green ammonia production plant using renewable energy is expected to contribute as basic information for securing the economic feasibility of green ammonia production.

Reactivity balance for a soluble boron-free small modular reactor

  • van der Merwe, Lezani;Hah, Chang Joo
    • Nuclear Engineering and Technology
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    • v.50 no.5
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    • pp.648-653
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    • 2018
  • Elimination of soluble boron from reactor design eliminates boron-induced reactivity accidents and leads to a more negative moderator temperature coefficient. However, a large negative moderator temperature coefficient can lead to large reactivity feedback that could allow the reactor to return to power when it cools down from hot full power to cold zero power. In soluble boron-free small modular reactor (SMR) design, only control rods are available to control such rapid core transient. The purpose of this study is to investigate whether an SMR would have enough control rod worth to compensate for large reactivity feedback. The investigation begins with classification of reactivity and completes an analysis of the reactivity balance in each reactor state for the SMR model. The control rod worth requirement obtained from the reactivity balance is a minimum control rod worth to maintain the reactor critical during the whole cycle. The minimum available rod worth must be larger than the control rod worth requirement to manipulate the reactor safely in each reactor state. It is found that the SMR does have enough control rod worth available during rapid transient to maintain the SMR at subcritical below k-effectives of 0.99 for both hot zero power and cold zero power.

A Study on the Status of Energy Usage and Maintenance of Building Energy Management System in School Facilities (학교시설의 에너지사용 및 건물에너지관리시스템 유지관리 현황에 관한 연구)

  • Kim, Sung-Joong;Lee, Seung-Min
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.21 no.2
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    • pp.25-35
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    • 2022
  • With the enactment of the "Framework Act on Carbon Neutrality and Green Growth to Cope with Climate Crisis," various sector-specific plans are being implemented to achieve carbon neutrality. School facilities are mandatory buildings for the "Zero Energy Building Certification" and are the buildings that account for the highest proportion among public institution buildings. Therefore, they play a major role in achieving carbon neutrality in the construction sector. This study analyzed the recent energy use trends and zero energy levels in varied ways to promote the spread of building energy management systems and to provide basic data for efficient operation management and investigated the effectiveness and user opinions of the Building Energy Management System (BEMS) applied to school facilities.

Discrimination of neutrons and gamma-rays in plastic scintillator based on spiking cortical model

  • Bing-Qi Liu;Hao-Ran Liu;Lan Chang;Yu-Xin Cheng;Zhuo Zuo;Peng Li
    • Nuclear Engineering and Technology
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    • v.55 no.9
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    • pp.3359-3366
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    • 2023
  • In this study, a spiking cortical model (SCM) based n-g discrimination method is proposed. The SCM-based algorithm is compared with three other methods, namely: (i) the pulse-coupled neural network (PCNN), (ii) the charge comparison, and (iii) the zero-crossing. The objective evaluation criteria used for the comparison are the FoM-value and the time consumption of discrimination. Experimental results demonstrated that our proposed method outperforms the other methods significantly with the highest FoM-value. Specifically, the proposed method exhibits a 34.81% improvement compared with the PCNN, a 50.29% improvement compared with the charge comparison, and a 110.02% improvement compared with the zero-crossing. Additionally, the proposed method features the second-fastest discrimination time, where it is 75.67% faster than the PCNN, 70.65% faster than the charge comparison and 38.4% slower than the zero-crossing. Our study also discusses the role and change pattern of each parameter of the SCM to guide the selection process. It concludes that the SCM's outstanding ability to recognize the dynamic information in the pulse signal, improved accuracy when compared to the PCNN, and better computational complexity enables the SCM to exhibit excellent n-γ discrimination performance while consuming less time.