• 제목/요약/키워드: Quality of Returns

검색결과 74건 처리시간 0.024초

ISAR Motion Compensation based on Accumulation and Limitation of Consecutive Radar Returns

  • Seo, Dong-Shin
    • 한국통신학회논문지
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    • 제25권10B호
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    • pp.1803-1812
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    • 2000
  • A new motion compensation method for ISAR is presented in this paper. It employs amplitude limiting and integration of consecutive range profiles to improve the range and phase alignment accuracy and to alter the propagation properties of compensation errors. These allow the image quality to be significantly improved. It is shown from the imaging results that the new motion compensation algorithm can get images of targets in field situations with much better quality than the traditional cross-correlation algorithm.

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산업 내 경쟁정도가 보유현금의 변화에 따른 초과수익률에 미치는 영향 (The Impact of Industry-level Competition on the Excess Stock Returns due to Changes in Cash Holdings)

  • 조정은
    • 한국산학기술학회논문지
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    • 제20권5호
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    • pp.163-169
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    • 2019
  • 본 연구는 산업 내 경쟁정도가 기업의 보유현금의 변화에 따른 초과수익률에 미치는 영향에 관해 검증하였다. 경쟁기업 간 위협은 기업의 성과가 좋지 않을 경우 경영자가 교체될 가능성을 높여 경영자가 최선의 노력을 다하여 경영을 하도록 규율하는 기능을 하고, 기업이 공시하는 정보의 양과 질을 향상시킨다. 즉 경쟁이 치열해질수록 대리인 문제가 감소하여 해당 기업의 보유현금의 증가에 대한 초과수익률은 증가할 것으로 예상된다. 반면 경쟁이 심한 산업에 속한 기업은 자세한 정보가 공시되면 경쟁 기업들이 해당 정보를 역이용하여 보다 유리한 위치에서 경쟁할 수 있기 때문에 정보비대칭이 오히려 증가한다는 의견도 존재한다. 이러한 경우 외부 이해관계자들은 기업의 상황을 정확히 파악하지 못하게 되어 경영자가 사적이익을 얻을 목적으로 기회주의적으로 현금을 운용하여도 이를 감독하거나 통제하지 못하게 된다. 이에 따라 시장경쟁이 심해질수록 보유현금의 증가에 대한 초과수익률은 감소할 것으로 예측된다. 분석 결과, 산업 내 경쟁정도가 증가할수록 보유현금의 증가에 대한 초과수익률은 높아지는 것으로 나타나 경쟁의 긍정적 효과를 지지하는 결과를 발견하였다. 본 연구는 시장경쟁이 효과적인 외부 기업지배구조로 작용하여 투자자들이 기업의 현금이 효율적으로 운용된다고 인식함에 따라 해당 기업의 보유현금의 증가에 대해 긍정적으로 평가한다는 실증적인 근거를 제시하였다는 측면에서 공헌점을 찾을 수 있다.

국가별 의료서비스의 운영효율성과 품질효율성 비교: OECD 회원국들을 중심으로 (Comparison of Operational Efficiency and Quality Efficiency of Medical Services by Country : Focused on OECD Member Countries)

  • 김현정;손지윤
    • 서비스연구
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    • 제11권4호
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    • pp.43-55
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    • 2021
  • 본 연구는 OECD 회원국들을 대상으로 의료서비스의 운영효율성과 품질효율성을 비교 분석하였다. 이를 위하여 2017~2019년의 OECD 보건통계(Health Statistics) 자료를 이용하였다. 분석 방법으로는 산출지향형(output-oriented) 규모수익가변(VRS: Variable Returns to Scale) 모형을 적용하여 초효율성(super efficiency)을 측정하였다. 분석결과, 운영효율성의 상위 그룹에는 스위스, 한국, 이탈리아, 노르웨이, 오스트리아, 네덜란드, 중위 그룹에는 캐나다, 그리스, 덴마크, 멕시코, 미국, 영국, 체코, 프랑스, 핀란드, 헝가리, 호주, 하위 그룹에는 벨기에, 독일, 스페인이 포함되었다. 품질효율성의 상위 그룹에는 노르웨이, 스위스, 스페인, 중위 그룹에는 그리스, 덴마크, 멕시코, 미국, 영국, 캐나다, 프랑스, 핀란드, 헝가리, 호주, 하위 그룹에는 네덜란드, 독일, 벨기에, 오스트리아, 이탈리아, 체코, 한국이 해당되었다. 2018년을 기준으로 OECD 회원국별로 효율성을 비교 분석한 결과, 운영효율성이 가장 효율적인 한국은 품질효율성이 비효율적이었다. 한국(0.998)은 그리스(0.422), 스위스(0.207), 스페인(0.371)을 벤치마킹하여 기대수명을 0.2(0.2%), 주관적 건강 인지를 44.2(138.1%)씩 개선하여 품질효율성을 향상시켜야 한다. 이는 국내에서 기대수명이나 유병률 같은 객관적 지표로 건강상태를 측정하고 있지만, 의학적 진단 여부와 별개로 국민들이 본인의 건강에 관하여 주관적으로 평가하는 것을 관리할 필요가 있음을 의미한다. 본 연구는 운영효율성에 초점을 맞춘 대부분의 선행연구들과 다르게 운영효율성과 품질효율성을 함께 측정했다는 점에서 학술적인 시사점을 지닌다. 또한 OECD 회원국별 의료서비스 산업의 효율성을 비교 분석함으로써, 국내 의료서비스 산업의 국제적인 경쟁력 수준을 확인하고 효율성 개선 방안을 제시했다는 점에서 실무적인 시사점을 지닌다.

Robustness of Cash Flow Value: Investment in ASEAN

  • LAU, Wei Theng;MAHAT, Fauziah Binti
    • The Journal of Asian Finance, Economics and Business
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    • 제6권2호
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    • pp.247-255
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    • 2019
  • This study examines the different roles of cash flow in assessing investment returns in the Association of Southeast Asian Nations (ASEAN). The analysis covers over 900 listed firms across Malaysia, Indonesia, Philippines, Singapore and Thailand for the period post the Asian financial crisis of 2001-2017. Firm-level panel data analysis shows that cash flow factors are important in all contexts of cash return on assets, earnings quality and market value multiple across the region even after controlling for typical measures of profitability. The results suggest that firms should manage cash flow prudently in considerations of firm value from the shareholder's perspective, measured directly using stock return. Cash profitability on assets should become an important firm performance indicator, whilst higher cash component over reported earnings is preferred. The market also tends to respond favourably to cash flow yield as a price multiple in valuation, outpacing the role of earnings yield. Such findings are robust across the pre and post subprime crisis periods, across estimation methods pertaining to finance panel standard errors, as well as across static and dynamic considerations of returns. It is hence sensible to consider cash flow factors in the research pertaining to asset pricing and factor investing in the ASEAN region.

물리치료환자 만족도 도구의 타당도 및 신뢰도 분석 (Validity and Reliability of a Measure of Patient Satisfaction with Physical Therapy)

  • 손애리;김미원
    • 대한물리치료과학회지
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    • 제9권2호
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    • pp.77-85
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    • 2002
  • Patient satisfaction is an important factor in evaluating the quality of care. Patient satisfaction may be used to evaluate provider services and facilities, and used to predict the patient returns to a facility. The patients decision whether the patient returns to a facility or whether the patient recommends the facility to other people may be affected by a variety of factors of patient satisfaction. This study is to develop and test of a translated and modified Goldstein's instrument that measures patient satisfaction among physical therapists patients and clients. A self-administered questionnaire survey was conducted in Seoul, Chung-Joo and Bu-Cheon cities. Survey data was obtained from 743 patients who visited the physical therapy practice at university hospitals, general hospitals and clinics. The instrument developed by Goldstein was used and translated into Korean. Several items were added to the instrument. Patient's opinions of service in each domain measured using 5-point Likert-type scales that ranged from strongly disagree to strongly agree. Principal components analysis with varimax rotation was used to indicate which questions examined similar components of patient satisfaction. Component analysis indicated eight scales (kindness, scheduling, recommendation, convenience of parking, privacy, and waiting time). Different types of validity were established well. The coefficient of reliability (Cronbach alpha =.97) obtained for the instrument was clearly within a desired range.

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Audit Quality and Stock Return Co-Movement: Evidence from Vietnam

  • PHAM, Chi Bich Thi;VU, Thu Minh Thi;NGUYEN, Linh Ha;NGUYEN, Dung Duc
    • The Journal of Asian Finance, Economics and Business
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    • 제7권7호
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    • pp.139-147
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    • 2020
  • This paper aims to explore the relationship between the quality of the audit and the level of stock return co-movement in the context of the Vietnamese emerging market. The empirical study is designed based on the quatitative method and deductive approach. The panel dataset includes 256 listed firms from different industries,with 1115 firm-year observations on Ho Chi Minh City Stock Exchange for the period from 2014 to 2018. In the research, we built the econometric regression model, using stock return synchronicity and audit quality as the dependent and independent variable, respectively. Some control variables are also added to the econometric regression models as they are well-documented in prior research to have an effect on stock price synchronicity. To improve the accuracy of the regression coefficients, beside the Ordinary Least Squares, we employ the Random Effects Model and the Fixed Effects Model for better statistical analysis of panel data set. The results show that the quality of the audit is positively correlated to stock price synchronicity. This finding suggests that stock returns of companies with higher quality of the audit are more synchronous with the market. Results for other control variables also support our reasoning for the main findings.

데이터마이닝을 이용한 의료의 질 측정지표 분석 및 의사결정지원시스템 개발 (Analysis of Healthcare Quality Indicators using Data Mining and Development of a Decision Support System)

  • 김혜숙;채영문;탁관철;박현주;호승희
    • 한국의료질향상학회지
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    • 제8권2호
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    • pp.186-207
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    • 2001
  • Background : This study presented an analysis of healthcare quality indicators using data mining and a development of decision support system for quality improvement. Method : Specifically, important factors influencing the key quality indicators were identified using a decision tree method for data mining based on 8,405 patients who discharged from a medical center during the period between December 1, 2000 and January 31, 2001. In addition, a decision support system was developed to analyze and monitor trends of these quality indicators using a Visual Basic 6.0. Guidelines and tutorial for quality improvement activities were also included in the system. Result : Among 12 selected quality indicators, decision tree analysis was performed for 3 indicators ; unscheduled readmission due to the same or related condition, unscheduled return to intensive care unit, and inpatient mortality which have a volume bigger than 100 cases during the period. The optimum range of target group in healthcare quality indicators were identified from the gain chart. Important influencing factors for these 3 indicators were: diagnosis, attribute of the disease, and age of the patient in unscheduled returns to ICU group ; and length of stay, diagnosis, and belonging department in inpatient mortality group. Conclusion : We developed a decision support system through analysis of healthcare quality indicators and data mining technique which can be effectively implemented for utilization review and quality management in a healthcare organization. In the future, further number of quality indicators should be developed to effectively support a hospital-wide Continuous Quality Improvement activity. Through these endevours, a decision support system can be developed and the newly developed decision support system should be well integrated with the hospital Order Communication System to support concurrent review, utilization review, quality and risk management.

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NDE for Realising Better Quality of Life in the Context of INDIA - An Emerging Economy

  • Raj, Baldev
    • 비파괴검사학회지
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    • 제23권5호
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    • pp.497-519
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    • 2003
  • Science and technology is an essential ingredient of the progress in modern society. Measurements enable action and actions enable results. Non-Destructive Evaluation (NDE) - the science and technology of measurements without affecting the Properties and performance of the test object is an interdisciplinary domain area of high significance far ensuring quality, productivity and safety thus enabling better qualify of lift to the inhabitants on this planet. The test object can be material, component, plant, earth, environment etc. Total qualify management, total productivity management, concurrent engineering and many other essential ingredients of success in plant engineering and manufacturing industry are dependent on NDE far success and good returns on investments.

Feeding Strategies to Produce High Quality Pork - Review -

  • Bosj, P.
    • Asian-Australasian Journal of Animal Sciences
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    • 제12권2호
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    • pp.271-281
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    • 1999
  • The cost of production of high quality pork is compensated by high returns, but constraints by the market are increasing. A few opportunities to maintain and improve pork quality by dietary means are presented. The healthy value of pork is a prerequisite. A careful control of suppliers and preservation of feeds are essential to protect pork against presence of contaminants from the feed. The feeding level and some dietary components modify the partition of the dietary energy into different pig tissues and chemical components of pork, affecting the hygienic and nutritional value, tenderness and taste. It is difficult to transfer a nutrient from the diet to pork, if the requirements. for growth are satisfied. Fatty acids and Vitamin E are the most studied exceptions. There is some evidence that iron and selenium contents can be affected too. Varying the content of a nutrient frequently changes sensorial and technological properties of pork. The addition of oils improves the acidic profile of depot fats, but the effect on phospholipid composition is not well studied and negative effects on oxidability and consistency of meat products are observed. Vitamin E can improve many healthy and sensorial characteristics, but its effect is clearer when the meat is stressed or manipulated.

Effects of Foodservice Franchise's Brand Awareness and Service Quality on Cognitive Attitude, Affective Attitude, and Loyalty

  • KIM, Haeng Won;JEON, Yeong Mi
    • 한국프랜차이즈경영연구
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    • 제12권3호
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    • pp.47-58
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    • 2021
  • Purpose: In general, franchise business models can generate higher returns and profits than non-franchise businesses. Therefore, it is necessary to study customer-based foodservice franchise brand awareness and service quality. The purpose of this study is to investigate the effect of service quality and brand awareness of foodservice franchises on attitudes divided into cognitive and affective attitudes and revisit intentions. Through this study, we intend to establish a structure that leads to service quality and brand awareness-cognitive attitude and affective attitude-loyalty. Research design, data, and methodology: In order to verify the hypothesis of this study, the survey was conducted among general consumers over the age of 20 who had visited a foodservice franchise within the last 3 months. Among the collected questionnaires, one insincere questionnaire was excluded, and 299 copies were used for analysis. The data collected to verify the hypothesis of this study were analyzed using SPSS 24.0 and AMOS 24.0. Result: First, it was found that the service quality of the foodservice franchise had a positive (+) effect on the cognitive attitude, and the service quality of the foodservice franchise had a statistically significant positive effect on the affective attitude. Second, the brand awareness of the foodservice franchise was found to have a statistically significant positive (+) effect on the cognitive attitude. and the brand awareness of the foodservice franchise had a statistically significant positive (+) effect on the affective attitude as well. Third, cognitive attitude was found to have a statistically significant positive (+) effect on loyalty, and affective attitude was also found to have a statistically significant positive (+) effect on loyalty. Conclusions: First, this study applied the S-O-R theory to the effect of service quality and brand recognition on cognitive attitude, affective attitude, and loyalty. Second, the structure leading to service quality and brand awareness-cognitive attitude and affective attitude-revisit intention was established. Third, attitudes in this study were divided into cognitive attitudes and affective attitudes. In general, attitude is studied as a single dimension as a cognitive attitude, but in this study, attitude was studied by dividing it into a cognitive dimension and an affective dimension