• Title/Summary/Keyword: Predicted Risk

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Determinants of Capital Structure of Korea Listed Firms (우리나라 상장기업(上場企業)의 자본구조(資本構造) 결정요인(決定要因)에 관한 연구(硏究))

  • Shin, Min-Shik
    • The Korean Journal of Financial Management
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    • v.6 no.2
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    • pp.33-69
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    • 1989
  • The Purpose of this study is to test empirically the determinants of capital structure of the Korea Listed Firms. In order to accomplish the purpose of this study, both literature survey and empirical test have been made. For the empirical test, agency and asymmetric information factors as well as traditional ones have been throughly reviewed. Traditional factors tested in this study include firm-size, collateral value of the assets, business risk, tax, non-debt tax shields, and industry effects. Agency and asymmetric information factors include growth opportunities, the percentage of outstanding equity held by inside stockholders, and the number of inside stockholders. From the results of the cross-sectional regression analysis, the adjusted R-square is 1931%, and the overall F-value indicates significance. For the analysis period, the signs of the variables except business risk are as predicted. Firm-size, collateral value of the assets, and business risk significant at the.01-.05 level. In order to determine the influence of industry factors on the financial leverage, a total of 8 dummy variables are added to the regression model. The adjusted R-square inclosed by 4.2% for the first analysis period(1983-1985) and 6% for the second analysis period(1986-1987). This suggests that industry factors are significant in explaining the variations in financial leverage across firms. In order to pursue the influence of agency and asymmetric information factors on the financial leverage, again the cross-sectional regression analysis is done for the middle size firms gruop(n=40). The adjusted R-square increased by 9.8% for the first analysis period(1983-1985) and 6.1% for the total analysis period(1983-1987), and all the signs was as predicted. But both the variables except the number of inside stockholders was not significant.

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Association of Carotid Intraplaque Hemorrhage and Territorial Acute Infarction in Patients with Acute Neurological Symptoms Using Carotid Magnetization-Prepared Rapid Acquisition with Gradient-Echo

  • Park, Jung Soo;Kwak, Hyo Sung;Lee, Jong Myong;Koh, Eun Jeong;Chung, Gyung Ho;Hwang, Seung Bae
    • Journal of Korean Neurosurgical Society
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    • v.57 no.2
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    • pp.94-99
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    • 2015
  • Objective : The purpose of our study was to assess prevalence of carotid intraplaque hemorrhage (IPH) and associations between territorial acute infarction and IPH on magnetization-prepared rapid acquisition with gradient-echo (MPRAGE) in patients with acute neurologic symptoms. Methods : 83 patients with suspected acute neurologic symptoms were evaluated with both brain diffusion weighted imaging (DWI) and carotid MPRAGE sequences. Carotid plaque with high signal intensity on MPRAGE of >200% that of adjacent muscle was categorized as IPH. We analyzed the prevalence of IPH and its correlation with territorial acute infarction. Results : Of 166 arteries, 39 had a carotid artery plaque. Of these arteries, 26 had carotid artery stenosis less than 50%. In all carotid arteries, MR-depicted IPH was found in 7.2% (12/166). High-signal intensity on DWI was found in 17.5% (29/166). Combined lesion with ipsilateral high-signal intensity on DWI and IPH on carotid MPRAGE sequence was found in 6 lesions (6/166, 3.6%). Of patients with carotid artery plaque, MR-predicted IPH was found in 30.8% (12/39) and match lesions with high-signal intensity on DWI and MPRAGE was found in 15.4% (6/39). MR-predicted IPH was significantly higher prevalence in high-grade stenosis group (p=0.010). Relative risk between carotid MPRAGE-positive signal and ipsilateral high-signal intensity on DWI in arteries with carotid artery plaques was 6.8 (p=0.010). Conclusion : Carotid MPRAGE-positive signal in patients was associated with an increased risk of territorial acute infarction as detected objectively by brain DWI. The relative risk of stroke was increased in high-grade stenosis categories.

Screening-Level Ecological Risk Assessment for Beneficial Reuse as Soil of Dredged Sediment Contaminated with Heavy Metals (중금속 오염 준설토의 토양으로서의 유효활용을 위한 선별수준 생태위해도평가)

  • Kim, Moonkyung;Kim, Kibeum;Choi, Yongju;Nam, Kyoungphile
    • Journal of Korean Society of Environmental Engineers
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    • v.38 no.5
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    • pp.236-241
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    • 2016
  • This study conducted a screening-level ecological risk assessment for heavy metals in dredged sediment for recycling in terrestrial environment. Toxicological information of six heavy metals (i.e., Cu, Zn, Cd, Pb, Cr, and Ni) was collected from ECOTOX of US Environmental Protection Agency, and screened and qualified for the use in the screening-level ecological risk assessment. According to the number of terrestrial ecological receptors for which toxicological information is available, PNEC (Predicted No Effect Concentration) of each heavy metal was derived using either stochastic approach (for Cu, Zn, and Cd), or deterministic approach (for Pb, Cr, and Ni). Hazard quotients of the six heavy metals were derived for a field-collected dredged sediment using the PNEC derived and the PEC (Predicted Environmental Concentration) determined for the dredged sediment. The HQs of Cu, Zn, Cr, Pb and Ni were higher than unity indicating a possibility of ecological risk of the five heavy metals when the dredged sediment is applied in terrestrial environment. Accordingly, remediation processes or a higher-level ecological risk assessment would be needed for the recycling of the material.

Factors Influencing Health Behavior Related to Particulate Matter in Older Adults (노인의 미세먼지 관련 건강행위와 영향요인)

  • Park, Min Kyung;Kim, Gwang Suk
    • Journal of Korean Academy of Nursing
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    • v.50 no.3
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    • pp.431-443
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    • 2020
  • Purpose: This study aimed to investigate health behavior related to particulate matter (PM) in older adults and examine the factors affecting it. Methods: A cross-sectional survey design was used. Data were collected from 150 voluntary older adult participants from Songpa-gu in Seoul. The survey questions measured service perception and experience related to PM, risk perception related to PM, attitude toward risk of PM, and health behavior related to PM. Results: The average score for health behavior related to PM was 79.37, ranging from 51 to 115. There was a significant positive correlation between health behavior related to PM and risk perception related to PM (r=.58, p<.001) as well as between health behavior related to PM and attitude toward risk of PM (r=.70, p<.001). Multiple linear regression revealed that health behavior related to PM was predicted by levels of the existence of disease related to PM (β=.14, p=.019), service experience related to PM (β=.20, p=.021), risk perception related to PM (β=.20, p=.019), and attitude toward risk of PM (β=.44, p<.001). The model including these variables accounted for 47.0% of health behavior related to PM. Conclusion: Korean older adults have the low level of health behavior related to PM. The findings of this study emphasize that risk perception and attitude toward risk of PM should be evaluated, and the underlying diseases related to PM and their service experience should be considered in developing intervention to improve health behavior related to PM.

Assessment of Risk Based Pollution Level of Pb and Cd in Metal Contaminated Soils Using Biotic Ligand Model (Biotic ligand model에 근거한 중금속 오염지역의 Pb 및 Cd 위해오염도 평가기법 개발)

  • An, Jin-Sung;Jeong, Seul-Ki;Moon, Hee-Sun;Nam, Kyoung-Phile
    • Journal of Soil and Groundwater Environment
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    • v.16 no.4
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    • pp.23-30
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    • 2011
  • Risk based pollution level of Pb and Cd in metal contaminated soils depending on physicochemical properties of soil in a target site was assessed using biotic ligand model. Heavy metal activity in soil solution defined as exposure activity (EA) was assumed to be toxic to Vibrio fischeri and soil organisms. Predicted effective activity (PEA) determined by biotic ligand model was compared to EA value to calculate risk quotient. Field contaminated soils (n = 10) were collected from a formes area and their risk based pollution levels were assessed in the present study using the calculated risk quotient. Concentrations of Pb determined by aqua regia were 295, 258, and 268 mg/kg in B, H and J points and concentrations of Cd were 4.73 and 6.36 mg/kg in G and I points, respectively. These points exceeded the current soil conservation standards. However, risk based pollution levels of the ten points were not able to be calculated because concentrations of Pb and Cd in soil solution were smaller than detection limits or one (i.e., non toxic). It was because heavy metal activity in soil solution was dominant toxicological form to organisms, not a total heavy metal concentration in soil. In addition, heavy metal toxicity was decreased by competition effect of major cations and formation of complex with dissolved organic carbon in soil solution. Therefore, it is essential to consider site-specific factors affecting bioavailability and toxicity for estimating reliable risk of Pb and Cd.

A Stochastic Model to Quantify the Risk of Introduction of Abalone Herpes-like Virus Through Import of Abalones (활 전복 수입에 의한 전복허피스바이러스감염증 (abalone herpes-like virus) 유입 위험평가)

  • Pak, Son-Il
    • Journal of Veterinary Clinics
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    • v.31 no.1
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    • pp.40-45
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    • 2014
  • Abalone herpes-like virus (AbHV) is a fatal disease of abalones that impose severe economic impacts on the industry of infected regions due to high mortality. The aim of this study was to quantify the risk of introducing AbHV into Korea through the importation of live abalones for human consumption by import risk analysis (IRA). Monte Carlo simulation models were developed to provide estimates of the probability that a ton of imported abalone contains at least one AbHV-infected individual, using historical trade data and relevant literatures. A sensitivity analysis with 5,000 iterations was also conducted to determine the extent to which input parameters affect the outcome of the model. Although many uncertainties were present in the data, the results indicated that, if 5,000 tons of abalone were imported from a hypothetical exporting country with low prevalence of AbHV (model 1), there would be at least one AbHV-infected abalones in 4,816 of those tons (96.3%), while there would be at least one AbHV-infected abalones in 100% of those tons imported from country with high prevalence (model 2). Sensitivity analysis indicated that for model 1, prevalence was the strongest influence factor on the predicted number of infections. For model 2, background mortality and washing to reduce the risk of surface contamination during processing were the major contributing factors. Risk management strategies need to be enforced to reduce the risk of AbHV introduction in that at least one infected abalone would remain in a consignment from country even with a low prevalence of AbHV infection. The methodology and the results presented here will contribute to improve the development of AbHV management program, and with more accurate data this IRA model will aid science-based decision-making on mitigation strategies to reduce the risk of AbHV introduction in Korea.

Cardiovascular Risk Factors Predicting Endothelial Dysfunction in Patients with Variant Angina (이형협심증 환자의 혈관내피세포 기능저하에 영향을 미치는 심혈관질환 위험인자)

  • Cho, Sook-Hee;Hwang, Seon-Young;Jeong, Myung-Ho
    • Korean Journal of Adult Nursing
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    • v.21 no.5
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    • pp.477-488
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    • 2009
  • Purpose: This study was conducted to identify the clinical characteristics and risk factors on the occurrence of variant angina, and to examine the predicting factors on the vascular endothelial dysfunction of the patients with variant angina. Methods: A total of 134 patients diagnosed with variant angina were recruited from 2006 to 2008. The degrees of endothelial dysfunction were measured and recorded by the researcher using the values of flow-mediated vasodilation of their brachial arteries and Nitroglycerine-mediated dilation. Subjects' demographic data and risk factors were gathered after obtaining informed consent, and their electronic medical records were reviewed to collect laboratory data. Results: The mean age was $54.2{\pm}9.6$ years and 52% was male patients. More than 50% of the male patients were cigarette smokers and had hypercholesterolemia. 84% of the male patients and 70% of the female patients had more than one risk factor of cardiovascular disease. A stepwise multiple regression analysis showed that smoking and hypercholesterolemia predicted the decrease of flow-mediated vasodilation (Adjusted $R^2$ = .204, p < .001). Conclusion: Tailored educational interventions for smoking cessation and cholesterol management are needed to prevent recurrence of angina attack for patients with variant angina and to prevent cardiovascular disease for middle-aged workers.

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A Methodology for Assessing Risk from Released Hydrocarbon (탄화수소 누출로 인한 위험분석 평가 방법론 연구)

  • Keun-Won Lee
    • Journal of the Korean Society of Safety
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    • v.13 no.2
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    • pp.170-180
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    • 1998
  • This study presents a method for calculating the concentration of hydrocarbon releases in enclosed areas using empirical equations of evaporation rate. The approach of the method is to estimate the hydrocarbon exposure concentration in the air under conditions assumed. A methodology for assessing risk was suggested to individual risk assessment to exposed workers or others by probit expressions. The toxicity criteria and available human exposure data were examined and guidelines for risk assessment suggested for benzene-air and toluene-air systems. The value of probit constants with mole fractions of lethal concentrations in a mixture of hydrocarbons and a non-toxic substance was predicted. The probit values calculated with mole fractions can be used to estimate guidelines to prevent toxicity within enclosed working areas.

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A Basic Study for Quantification Model Development of Human Accidents on Construction Site in South Korea (한국 건설현장의 인명사고 리스크 정량화 모델 개발기초 연구)

  • Oh, June-Seok;Lee, Joo-Hyeong;Kim, Tae-Hee;Son, Ki-Young;Son, Seung-Hyun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.45-46
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    • 2019
  • Accident rate in domestic construction industry has been increased rapidly in every year. In particular, the rate of death has been shown very high compared with other industries. It means that safety activities performed by government is not effective in reducing the rate of accident. To solve these problems, the risk factors should be predicted in advance, controlled, monitored and managed from start of project to end of project. However, most studies have been conducted by using frequency of occurrence of accident and only listed the importance of risk. Therefore, the objective of this study is to provide basic material to develop risk quantifying model for human accidents on construction site in South Korea. In the future, it is expected to be used as a reference of study on developing safety mangement checklist in construction industry and model for forecasting accident.

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Development and Evaluation of the KOrea Insecticide Exposure Model (KOIEM) for Managing Insecticides

  • Jung, Ja-Eun;Lee, Yong-Ju;Kim, Yoon-Kwan;Lee, Sung-Kyu
    • Bulletin of the Korean Chemical Society
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    • v.33 no.4
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    • pp.1183-1189
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    • 2012
  • The KOrea Insecticide Exposure Model (KOIEM) was developed to facilitate ecological risk-based management of Korean insecticides. KOIEM, applied as a multimedia fate model, evaluates water, soil, air, and vegetation compartments based on three water-body types (streams, ditches, and ponds). Deltamethrin, a pyrethroid insecticide, was used to evaluate and create the model parameters. After exposure of both the stream and the ditch to deltamethrin, the KOIEM-predicted concentrations and the observed levels were in agreement. The model was also evaluated using the accuracy factor (AF), which was 4.32 and 0.35 for the stream and ditch, respectively. Ecological risk assessment was also performed to evaluate the application of KOIEM for four popular South Korean insecticides (cypermethrin, deltamethrin, diazinon, and permethrin). Despite the insecticides having low PECs in water, their risk quotients were typically above 1.0. Thus, KOIEM modification would be required in further studies to account for spatial variation.