• 제목/요약/키워드: Private Interest

검색결과 402건 처리시간 0.027초

Private Information, Short Sales, and Long-Run Performance

  • Senchack, A.J.;Yoon, Pyung-Sig
    • 재무관리논총
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    • 제2권2호
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    • pp.315-344
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    • 1995
  • The relationship of information flow and market price formation are central to the basic tenets of financial economics. Whereas information is usually treated as being either public or private(monopolistic), most empirical studies focus on the price effects of public announcements. More recent research has centered more on the role of private information, such as insider trading, in efficient pricing and whether such trading increases investor welfare. Typically, 'insider trading' refers to an officer that trades in his/her company's shares. Insider trading, however, also refers to anyone who generates private, albeit costly, information concerning a stock's fundamental value. Normally, such insider activity is more difficult to ascertain. One way in which negative information is revealed is through short-selling activity, especially the monthly short-interest positions reported by the national stock exchanges. Diamond and Verrecchia(1987) provide a theoretical paradigm that predicts a negative price adjustment upon announcement of n company's monthly short interest, if the short interest displays an unusual increase and is correlated with negative information that is not yet public. Empirical studies of the short-run, negative price effect predicted by Diamond and Verrecchia find mixed results. One explanation is that the time period studied is too short for the market to absorb the informational content of these announcements. One reason is that these announcements are an ambiguous signal that requires more individuals and time to collect and act on the same information before full revelation occurs or before the implicit information becomes publicly known. This 'long delayed reaction' also serves as a motivation for related research on the wealth effect of mergers, share repurchases, and initial equity offerings in which long-run performance differs from the initial, short-run reaction to such announcements or offerings.

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민간경비(民間警費)의 환경(環境)과 이론적(理論的) 배경(背景) 고찰(考察) (A Study on the Environment and the Theoretical Background of Private Security)

  • 강길훈
    • 시큐리티연구
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    • 제2호
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    • pp.5-32
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    • 1999
  • Private security will be of great importance in the coming 21st century. In the future, most of the crimes will be violent and frequent. In order to prevent crimes private security must be dealt with in public service area and private area. For this reason, nowadays studies on private security is going on actively. But in reality, serious studies on theoretical backgrounds of private security has not been made yet. Currently, almost all of the theories propose various grounds, such as administrative, economic, and social grounds. And they are based on five backgrounds, that is, profit-oriented enterprise theory, economic reduction theory, vacuum theory, interest group theory, and private management theory. The article furnishes several grounds in addition to these. They are local self-government, management of local self-government, and task-force of guard enterprise. In this article, I am going to present some perspectives in classifying the theories. They are administrative, economic, and social perspective. They are shown as follows by figure. In conclusion, based on theoretical backgrounds mentioned above, private security will be advanced constantly in the future. But in carrying out studies on private security, approaching method of proposing the developmental model is more important than theoretical approaching method.

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지리정보서비스 활성화를 위한 민간투자사업 활용방안 (The Application of Private Investment for the Promoting of Geographical Information Services)

  • 양광식
    • Spatial Information Research
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    • 제12권3호
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    • pp.251-261
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    • 2004
  • 지리정보가 정보화시대의 중요한 사회간접자본으로 인식됨에 따라 지리정보를 활용한 다양한 서비스가 제공되고 있다. 본 연구는 지리정보서비스 활성화를 위한 민간투자사업 활용방안을 제시하기 위해 시도되었다. 이를 위해 지리정보서비스에 대한 이론적 논의를 수행한 후 서울시 사례연구를 통해 지리정보서비스의 민간투자사업 추진절차, 사업방식 그리고 운영현황 및 문제점을 분석하여 향후 지리정보서비스 활성화를 위한 민간투자방식의 정책과제를 결론으로 제시하였다.

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민간조사(탐정)제도의 도입방향 - 경비업법 개정을 중심으로 - (A Study on Introduction of Private Investigation)

  • 이상원
    • 시큐리티연구
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    • 제17호
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    • pp.235-253
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    • 2008
  • 민간조사제도는 사회문제로 등장하고 있는 심부름센터, 흥신소 등의 기능을 대체하고 경찰 기관 등 형사사법 기능을 보완하여 국민의 법률서비스의 길을 향상시킬 수 있다는 점에서 긍정적인 측면도 있지만 민간조사관들의 실질적인 활동과정에서 시민의 사생활 침해의 가능성을 지닌 것도 간과할 수 없기 때문에 신중한 접근이 필요하다고 볼 수 있다. 민간 경비의 한 분야에 속하는 민간 조사는 선진국에서는 경찰 및 민간 경비의 성장과 함께 발전해 왔으며 우리나라를 제외한 OECD 가입국에서는 민관조사와 관련된 법규를 제정하여 민간조사 제도를 발전시켜 왔다. 우리나라에서는 민간조사법 제정을 위한 여러번의 노력이 있었지만 여러사정으로 민간조사제도가 시행되지 못했다. 2008년 9월에 제출된 이인기 의원의 경비업법 개정안은 국민들이 사실관계 조사가 필요하더라도 전문성과 시간적 제약으로 본인들이 할 수 없기 때문에 국가에서 전문자격을 취득한 민간조사관에게 사실 조사서비스를 맡겨 서 사생활 침해도 방지하고 영업의 적정성도 도모하고 민간조사업을 건전하게 육성하기 위한 것이라고 볼 수 있다. 본 연구는 국회에 제출된 경비업법 개정안을 중심으로 문제점을 분석해보고 바람직한 경비업법의 방향을 제시하는데 연구의 목적을 두고자 한다. 본 법안의 문제점과 각계의 의견을 수렴하고 보완하여 국내 실정에 맞는 민간조사제도가 도입되길 희망하면서 민간조사제도의 성공적 정착을 위해서는 국민, 학계, 관련기관의 공동의 관심과 노력이 필요하다고 본다.

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한국 유비쿼터스 정부 서비스에서의 사생활 침해와 심리적 거리와의 관계 (The Relationship of Privacy Violation and Psychological Distance in Korean Ubiquitous Government Service)

  • 조성빈;김진화;하병천
    • 한국경영과학회지
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    • 제34권2호
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    • pp.15-34
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    • 2009
  • Today the u-government services are becoming more personalized and intelligent. For the successful implementation of personalization, individual user's privacy concerns must be respected and taken care of. Based on the empirical survey results, this research summarizes the reluctance to the government's use of private information using six categories. We measure user's psychological distance toward e-government using the four levels, adopting the suggestions by the Proxemics. Since a positive correlation is Identified between people's psychological Intimacy toward e-government and their tolerance to the use of private Information, the amount and/or types of private information should be sequentially used in personalization systems. Initially allowing the least intolerable private information such as occupation information, the personalization system should additionally use the next tolerable Information such as health information or service request/interest information, as user's psychological distance toward government services becomes shorter.

Macroeconomic Environments and Demand for Retail Space in Shopping Centres in Malaysia

  • ZAKARIA, Zukarnain;ISMAIL, Mohd Roslan;ARUMUGAM, Vijayesvaran
    • The Journal of Asian Finance, Economics and Business
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    • 제8권10호
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    • pp.297-303
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    • 2021
  • The performance of the retail industry in a country, which simultaneously reflects the demand for retail space, is significantly influenced by the macroeconomic environment of said country. However, in the case of Malaysia, studies regarding this issue are limited. Therefore, this paper aims to identify the macroeconomic determinants of the demand for retail space in shopping centers in Malaysia through the study of six variables: per capita income, private expenditure, inflation rate, interest rate, total population, and the number of tourists arrival. The nexus between these variables and the demand for retail space in shopping centers were examined by cointegration and causality tests, and regression analysis using quarterly data for the period 1993Q1 to 2016Q4. The results from bivariate cointegration tests indicate that inflation rate, interest rates, population size, and the number of tourists arrival have significant long-run relationships with the demand for retail space of Malaysian shopping centers. Meanwhile, the Granger causality tests show that only population size can cause the demand for shopping centers' retail space. Finally, the results from the regression analysis revealed that income per capita, private expenditure, interest rates, and population are the variables that significantly influence the demand for the retail space of the Malaysian shopping centers.

항공기(航空機) Lease계약(契約)의 법적(法的) 문제와 Private Jet(자가(自家) 항공기(航空機)) Lease계약(契約)의 현황에 관한 연구(硏究) (A Study on the Legal Issues Arising from Airline Lease Agreements and the Current Status on Private Jet Lease Agreements)

  • 남유선
    • 한국항공운항학회지
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    • 제17권2호
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    • pp.52-61
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    • 2009
  • In Korea, there is great lack in jet lease agreements compared to many other countries. Due to such scarcity in numbers of jet lease agreements, problems have never truly surfaced and legal foundation dealing with such issues have not yet been formulated. However, as the globalization is making the world smaller and smaller, the demand for jets will grow. As the Korean aviation industry is expanding tremendously, although very preliminary at this time, the interest and actual execution on private jet lease agreements will grow. The prediction of increase in the private jet ownership is causing the lease industry to be nervous and may require particular preparatory foundation works. Particularly, legal analysis and detailed review maybe necessary to set a precedent with will serve as the grounded rule in the future. It is notable that Vietnam, a country which is believed have a less developed aviation industry than Korea, had already established a specialized jet leasing company, VALC in 2007. Also, when leasing an airplane from a foreign financial institution, it is possible to obtain a government issued guarantee. Therefore, it is urgent for Korea to prepare the legal foundation for the future demands in aviation leasing, as well as private jet leases which in turn would promote national wealth and further develop the financial industry.

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실내공적공간의 공공성에 관한 연구 (A Study on Public Needs for Privately Owned Public Space)

  • 윤지혜;김정곤
    • 한국실내디자인학회논문집
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    • 제15권5호
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    • pp.157-166
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    • 2006
  • Recently, it appears several counterproposals about desirable figures of urban architecture. All of them proposes 'publicity' with cohernt tendency. The reason why it concentrates quantitative expansion of city without united design by urban plannar is that neglect quality values of city. As a solution of poor environment, there cue out the various efforts, about problem of each building, problem of city space, problem of laws and so forth. The reason why necessity of public space was embossed in that architecture extend the activity of citizen and make up the city space. But, each building pursues the private interest, so it is difficult to secure a public space with a high hand. Thus, architecture law has been revised in 1991 and bring the system of open space to match up the publicity and the private interest. Actually, western country brought it and obtained excellent results. While quantity of open space have increased since 1991, a lot of problems revealed in real usage and quality. By means of problem's solution, this study focus on the diversion of recognition for necessity of various open space. In result, on the occasion of approach and openess, except for several building, most glass a facade and the pedestrian can approach easily. Moreover, office buildings near the subway station connected with their low floor. So, the office buildings give openess to pedestrian and a people can approach easily to the buildings. On the occasion of amenity, most have bank and lobby on the first floor and have facilities on the underground floor. It leave open. But the reason why they have bank and lobby is that the space is dry and boring(without elements of nature and rest space). Hence, to make a space full of vitality, it have to plan various design elements and facilities. First of all, plan of indoor public space have to make up facility for the public interest. This study is basic investigation for necessity of indoor public space and through the survey of office buildings, it analyze the character of plan and find out the method of publicity's realization.

청소년기의 자의식 및 체중조절행동자 의복행동과의 관련연구 (Korean Adolescents' Clothing Behavior as Related to Self-Consciousness and Weight Control Practices)

  • 심정은;고애란
    • 한국의류학회지
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    • 제21권8호
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    • pp.1334-1345
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    • 1997
  • The purpose of this study were 1) to identify the effects of age and sex of Korean adolescents on the psychological variables(body attitudes, public/private self-consciousness, self-esteem), weight control practices, and clothing behaviors, and 2) to identify the relation- ships between psychological variables and weight control practices, and the effects of the variables on clothing behaviors in the adolescent' groups classified by sex and age. The results of this study were as follows: 1) Two factors of body attitudes were identified: Body-shape consciousness and Physical attractiveness. Four factors of clothing attitudes were identified: Clothing interest/dressing for others, Clothing exhibition, Dressing for self, and Psychological clothing-dependerlce. 2) There were significant effects of sex on all of the research variables. Age was found to have effects on Physical attractiveness, self-esteem, public/private self-consciousness, Clothing exhibition, and Psychological clothing- dependence. 3) In the relationships between psychological variables and weight control practices, Body-shape consciousness was negatively correlated with Physical attractiveness in all groups. Also, Body-shape consciousness had effects on weight control practice in all subject groups. 4) Public self-consciousness had direct/indirect effects on the Clothing interest/dressing for others in all subject groups. Private self-consciousness had direct/ indirect effects on dressing for self in high school boys and girls. Body-shape consciousness had indirect effects on Preference for up-to date style in male college students group, whereas weight control practices had effects on the Preference for up-to date style in female college students group. Self-esteem was found to have the effects on clothing behavior in college students groups. Among clothing attitude factors, Clothing exhibition had distinct effects on the Preference for up-to date style in all subject groups, and Clothing interest/dressing for others had effects on Clothing exhibition and Psychological clothing-dependence in high school boys and girs.

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동기 이론이 적용된 e-Learning system의 교육적 실천: 흥미와 SDT를 중심으로 (The Educational Implementation of e-Learning System Applying the Theory of Motivation - With Focus on "Interest" and the "Self-Determination Theory")

  • 방미향
    • 디지털융복합연구
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    • 제16권11호
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    • pp.69-79
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    • 2018
  • 본 연구는 '흥미'와 '자기결정성 이론' 이라는 동기 이론을 체계적으로 접목한 초등 영어 e-Learning 시스템(www.englishbuddy.kr)을 개발하고, 이를 3,100개 학원에서 적용해 본 후 실제로 학습자의 내적 동기가 향상되었는가를 측정한 것이다. 동기 전략이 적용된 이러닝 시스템으로 학습한 학습자 328명과 다른 영어 학습 프로그램 학습자 150명의 설문지 조사 분석 결과, 동기 전략이 적용된 이 러닝 시스템이 학습자의 '흥미'와 '심리적 욕구'를 만족시키고 있다는 것이 밝혀짐으로써 '학습자의 동기를 높이는 동기 전략'이 구체화되었다. 본 연구를 통해 e-Learning 환경에서 학습자의 동기가 높아지는 특징이 명확해짐으로써, e-Learning 학습을 발전시키고, 또한 '흥미'와 '자기결정성 이론' 이라는 동기 이론을 체계적으로 접목한 e-Learning 시스템을 실제로 구축하고, 3,100개 학원, 16,000명 학습자에게 적용시켜 본 매우 실증적인 연구라는 점에서 그 연구 의의가 있다 하겠다.