• Title/Summary/Keyword: Risk Indicator

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Relationship between competition in banking industry and bank's risk-seeking tendency (은행산업에서의 경쟁과 위험추구)

  • Sung, Jimin;Park, Chang Gyun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.1
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    • pp.225-233
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    • 2016
  • This study examined how the level of competition in the banking industry affects the risk-seeking tendency of individual banks. In earlier studies, the NPL ratio was used as an indicator of the risk-seeking tendency, but this ratio has limits because it is an ex post indicator of the risk. Therefore, the asset risk was chosen as a new indicator of the risk-seeking tendency, which is an ex ante measure of the risk, and the data were analyzed. The results suggested that there is a negative correlation between the level of competition of the banking industry and the risk-seeking tendency. Interestingly, opposite results were obtained when the NPL ratio was applied as an indicator of risk-seeking tendency. Therefore, the correlation between the level of competition in the banking industry and the risk-seeking tendency depends on the indicator of the risk-seeking tendency. This means choosing the appropriate indicator is the key component leading to precise results. The asset risk is more consistent with the concept of risk-seeking tendency than the NPL ratio, and it is a more appropriate indicator considering that the asset risk is a relatively less affected indicator other than risk-seeking tendencies.

Is the Risk-Standardized Readmission Rate Appropriate for a Generic Quality Indicator of Hospital Care? (일반 질 지표로서의 위험도 표준화 재입원율의 적절성)

  • Choi, Eun Young;Ock, Minsu;Lee, Sang-il
    • Health Policy and Management
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    • v.26 no.2
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    • pp.148-152
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    • 2016
  • The hospital readmission rate has been widely used as an indicator of the quality of hospital care in many countries. However, the transferrability of this indicator that has been developed in a different health care system can be questioned. We reviewed what should be considered when using the risk-standardized readmission rate (RSRR) as a generic quality indicator in the Korean setting. We addressed the relationship between RSRR and the quality of hospital care, methodological aspects of RSRR, and use of RSRR for external purposes. These issues can influence the validity of the readmission rate as a generic quality indicator. Therefore RSRR should be used with care and further studies are needed to enhance the validity of the readmission rate indicator.

Development and the Application of Flood Disaster Risk Reduction Index (홍수피해저감지수(FDRRI) 개발 및 시범적용)

  • Moon, Seung-Rok;Yang, Seung-Man;Choi, Seon-Hwa
    • Journal of the Korean Society of Safety
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    • v.29 no.1
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    • pp.64-69
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    • 2014
  • Community-based disaster preparedness approaches are increasingly important elements of vulnerability reduction and disaster strategies. They are associated with a policy trend that values the knowledge and capacities of local people. In this research, we describe the community diagnosis method and develop Flood Disaster Risk Reduction Index(FDRRI) for assessment of flood vulnerability. FDRRI is composed of four indicators such as Flood Exposure Indicator(FEI), Sensitivity Indicator(SI), Risk Reduction Indicator(RRI), and Community Preparedness Indicator(CPI). We anticipate to present the guideline for selection national preparedness projects and uplift community's preparedness capacity.

Implementation of the Module Risk Levels Measurement Tools for Web Application (웹 어플리케이션의 모듈위험수준 측정 도구의 구현)

  • Kim, Jee-Hyun;Park, Chel
    • Journal of the Korea Society of Computer and Information
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    • v.7 no.2
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    • pp.87-94
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    • 2002
  • This paper implemented the tools to measure the risk of the modules for the web application project written in ASP, using the Indicator of the Module Risk Levels. The Indicator of that is developed by GSFC group in NASA based on structural programming language and gives us software product quality metrics. The implemented tools examined with the ASP projects of the practical business. As the results the data shows the module risk levels easily, and then the data affects the maintenance to improve the application quality.

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A FEASIBILITY STUDY ON THE ADVANCED PERFORMANCE INDICATOR CONCEPT FOR IMPROVING KINS SAFETY PERFORMANCE INDICATORS (SPI)

  • Lee, Yong-Suk;Cho, Nam-Chul;Chung, Dae-Wook
    • Nuclear Engineering and Technology
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    • v.43 no.2
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    • pp.105-132
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    • 2011
  • The concept of improved performance indicators (PIs) for use in the KINS Safety Performance Indicator (SPI) program for reactor safety area is proposed in this paper. To achieve this, the recently developed PIs from the USNRC that use risk information were investigated, and a feasibility study for the application of these PIs in Korean NPPs was performed. The investigated PIs are Baseline Risk Index for Initiating Events (BRIIE), Unplanned Scrams with Complications (USwC), and Mitigating System Performance Index (MSPI). Moreover, the thresholds of the existing safety performance indicators of KINS were evaluated in consideration of the risk and regulatory response to different levels of licensee performance in the graded inspection program.

Development of Risk Rating and Index for Coastal Activity Locations

  • Lee, Young-Jai;Jung, Cho-Young;Gu, Ja-Yeong
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.26 no.3
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    • pp.227-232
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    • 2020
  • This paper develops a risk index based on an indicator of risk assessment in terms of coastal activity location and accident type. The risk index is derived from a formula which adds the consequence of failure to a vulnerability value, then subtracts the mitigation value. Specifically, the consequence of failure is the number of casualties in coastal activity locations. An indicator of vulnerability refers to coastal environment elements and social elements. A pointer of mitigation includes managerial and organizational elements that indicate the capabilities of coastal activities. A risk rating of coastal activity location is found from a risk matrix consisting of the accident location and type. The purpose of this study is to prevent accidents at coastal activity locations by allowing the Coastal police guard to monitor effectively and inform visitors of potential risks.

Development of the nuclear safety trust indicator

  • Cho, SeongKyung
    • Nuclear Engineering and Technology
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    • v.50 no.7
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    • pp.1168-1172
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    • 2018
  • This study went beyond making an indicator simply based on theoretical arguments, and explored a wide spectrum of different types of perceptions about energy safety to make a concept of energy safety for the Korean society. The energy safety schemata of people can be divided into three types. Type1 is concern about multi-level risks-responsibility-centric, type2 is concern about security and personal burden-expertise-centric, and type3 is concern about health and personal burden-responsibility-centric. Questions were designed on the basis of the characteristics, differences and commonalities of the three types of perceptions, explored through the Q methodology, and Koreans' perception of nuclear safety was examined. Based on the results of this research the following components of trust in nuclear safety were derived, risk perception, responsibility, honesty, expertise and procedural justification. The items for specifically evaluating them were developed, and factor analysis was conducted, and as a result, the validity of each item was proven. The components of the nuclear safety trust indicator do not exist independently, but influence each other continuously through interactions. For this reason, rather than focusing on any one of them, laws and systems must be improved first so that they can move together in one big frame.

A Study on the Determination of Indicators for the Risk Assessment of Ground Depression Using SAR Imageson (SAR 영상을 활용한 지반침하의 위험평가를 위한 지표결정에 대한 연구)

  • Lee, Hyojin;Yoon, Hongsic;Han, Hak
    • Journal of the Korean GEO-environmental Society
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    • v.22 no.7
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    • pp.13-20
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    • 2021
  • The problem of subsidence of the roadbed near the Honam High Speed Railway, which opened in April 2015, continues to be raised, and the ground stability of the area near the Honam High Speed Railway may also be problematic. It is very important to select the factors that determine the indicators and indicators in producing the risk maps. Existing risk indicators are calculated as the final displacement volume based on the last observed date of the observed period, and time-series indicator displacement must be identified to analyze the cause of subsidence and the behavior of the indicator. Furthermore, for a wide range of regions, it is economically inefficient to conduct direct level measurements, so we wanted to observe surface displacement using SAR images. In this paper, time series indicator displacement was observed using PS-InSAR techniques, and risk was compared by rating each factor using the difference between final indicator displacement, cumulative indicator displacement, minimum displacement and maximum displacement as factors for determining risk indicators. As a result, the risk rating of the final displacement is different from that of each factor, and we propose adding factors from different perspectives in determining risk indicators. It is expected to be an important study in finding the cause of ground subsidence and finding solutions.

Calculation of an Indicator for Early Death Using Atomic Bomb Survivors' Data

  • Sasaki, Michiya;Fujimichi, Yuki;Yoshida, Kazuo;Iwasaki, Toshiyasu
    • Journal of Radiation Protection and Research
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    • v.47 no.1
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    • pp.22-29
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    • 2022
  • Background: A comprehensive, traceable, and easy-to-understand radiation risk indicator is desired for radiological protection. The early-onset hypothesis could be used for this purpose. Materials and Methods: An indicator for early death (IED) was developed and calculated using the epidemiological dataset from the 14th Report of the Life Span Study (LSS) of Hiroshima and Nagasaki. By clarifying the calculation process, IED for all-cause mortality was estimated. In addition, the characteristics of IED for solid cancer mortality and cardiovascular mortality as well as those of men and women, and their dependence on age at exposure were investigated for detailed analysis. Results and Discussion: The IED for all-cause mortality was estimated to be approximately 4 years for an acute radiation exposure of 1 Gy regardless of the fitting dose range. The cumulative death rate for all solid cancers also indicated the early-death tendency (approximately 7-10 years at 1 Gy). Although, there is a slight difference in the characteristics of the risk obtained from the LSS study and this study, it is considered that the IED in a unit of years can also be used to show the overall picture of risk due to radiation exposure. Conclusion: We developed and calculated the indicator for early death, IED, for the cumulative mortality rate of all causes of death, all solid cancers, and circulatory diseases. The quantitative values of IED were estimated to be 4 years for all causes of death, 7-10 years for all solid cancers. IED has an advantage for intuitively understanding the meaning of radiation risk since it can be obtained by a simple and traceable method.

The Performance of Private Wealth Management in Indonesia

  • GUNARDI, Hery;PRIMIANA, Ina;EFFENDI, Nury;HERWANY, Aldrin
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.717-725
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    • 2020
  • The purpose of this paper is to highlight the impact of the performance of private wealth management (PWM) on the growth of retail banking in Indonesia. The variables used are bank's competitiveness, risk management, performance of private wealth management, and growth of retail banking business. The data were collected from 60 respondents from 32 banks over five months, from October 2018 to March 2019. Using partial least square path modeling, the analysis shows that the performance of private wealth management has an impact on the growth of retail banking sector in Indonesia. Bank competitiveness and risk management affect the performance of personal wealth management and have an impact on the growth of the retail banking business. Bank competitiveness is the variable that most influences the performance of private wealth management in Indonesia. This research found that market share is the most significant indicator of bank competitiveness. For risk management, significant indicators are the level of bank confidence, increased bank competitiveness, and the creation of new products. In the performance of the private wealth management variable, the most significant indicator is the revenue fee-based income. For the growth of retail banking business, a clear indicator is profit growth.