• 제목/요약/키워드: Risk point

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Firm's Risk and Capital Structure: An Empirical Analysis of Seasonal and Non-Seasonal Businesses

  • TAHIR, Safdar Husain;MOAZZAM, Mirza Muhammad;SULTANA, Nayyer;AHMAD, Gulzar;SHABIR, Ghulam;NOSHEEN, Filza
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.627-633
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    • 2020
  • The study attempts to analyze the impact of firm's risk on capital structure in the context of seasonal and non-seasonal businesses. We use two independent variables namely credit risk and systematic risk and one dependent variable to explore this connection. Sugar sector is taken as seasonal while the textile sector as non-seasonal businesses. The panel data of twenty-five firms from each sector are taken ranging for the period of 2012 to 2019 which has been retrieved from their annual reports for empirical analysis of the study. The results reveal the negative impact of credit risk on capital structure in both types of businesses. Increasing (decreasing) one point of credit risk causes a decrease (increase) leverage ratio by 0.27 points for seasonal while increasing (decreasing) one point of credit risk causes to decrease (increase) leverage by 0.15 points for non-seasonal businesses. Furthermore, the study shows positive impact of systematic risk on leverage ratio in non-seasonal business and no impact in seasonal business. Any increase (decrease) in the systematic risk causes an incline (decline) leverage ratio by 2.68 units for non-seasonal businesses. The study provides a guideline to managers for risk management in businesses. The research focusses on theoretical as well as managerial and policy implications on risk management in businesses.

산업 물류 프로세스의 리스크 평가지표 개발 (Development of Risk Assessment Indicators for Industrial Logistics Safety Management)

  • 조재환
    • 대한안전경영과학회지
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    • 제22권4호
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    • pp.1-8
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    • 2020
  • In general, companies operate systematically in response to financial risks such as exchange rates and liquidity, while they are vulnerable to risks in the manufacturing and sales processes. In particular, logistics refers to the activities for planning, managing and implementing efficient flows from the starting point of goods and products to the point of consumption, The purpose of this study was to develop key risks and key risk management indicators (KRIs) for risks that undermine logistics efficiency so that logistics risks can be effectively prevented and managed. As a result, 40 risk management indicators (KRIs) were developed in a total of six categories in the logistics sector, and the definition, calculation method and early warning grade of each KRI were presented so that companies could prevent risks in advance in logistics activities and contribute to enhancing efficiency of their work.

응급구조학과 학생들의 교통 및 재난에 대한 위험인식 및 안전실천에 관한 연구 (Risk perception and safety practice of paramedic students)

  • 이경열
    • 한국응급구조학회지
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    • 제20권1호
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    • pp.71-82
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    • 2016
  • Purpose: This research aimed to provide baseline data for undergraduate safety education by evaluating paramedic student risk perception and safety practice behavior regarding transport and disaster-related accidents. Methods: A total of 367 paramedic students at three different universities were surveyed using questionnaires. Risk perception questions about hazard, feeling of dread, and uncontrollable factors regarding seven items in transport and disasters were asked on a 7-point scale. Safety practice behavior consisted of 14 transport-related questions and 12 disaster-related questions in 4-point scale. All data were analyzed using SPSS Window 21.0. Results: Of 367 surveyed, 54.8% (201) were females, and 28.9% (106) were freshmen. In risk perception, 'drunk driving' in transport was the highest on average obtaining 6.49 points for hazard and 5.12 points for the feeling of dread. In disasters, 'war' recorded the highest average with 6.61 points for hazard and 5.71 points for the feeling of dread. In safety practice behavior regarding transport and disasters, a higher awareness of the need for safety education correlated with a significantly higher the rate of safety practice behavior (p <.001 respectively). Conclusion: The results indicate that undergraduates have inadequate perception of risk in emergencies. Safety education programs are needed to raise awareness of risks and to increase the safety practice rate.

수정욕창위험 사정도구의 예측타당도 평가 (Evaluating the Predictive Validity for the New Pressure Sores Risk Assessment Scale)

  • 김시숙;최경숙
    • 성인간호학회지
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    • 제16권2호
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    • pp.183-190
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    • 2004
  • Purpose: The purpose of this study was To exam the skin and pressure sore and To evaluate the predictive validity for the new pressure sores risk assessment scale. Method: There was finally 211 neurosurgery subject admitted in Chung-Ang Univ. Hospital from Nov, 11, 2002 to Feb, 11, 2003. Data was collected three times per week from 48-72hr after admission until incidence of pressure sores or discharge or die. Inclusion criteria were; (1) no pressure sores at admittance, (2) at least 3 times assessment, (3) adults older than 16yrs, (4) patients consent to participate in study. Result: 1. 34 case of 211 developed pressure sores(11.6%). 2. The coccyx area was the most common occurrence site of pressure sores. 3. At the cutoff point 23 of sensitivity 100%, specificity 76.3% was higher in 2003 than specificity 63.8% at the cutoff point 26 of sencitivity 100% in 1991. 4. "Moisture" of subscale for pressure sores risk factor was the strongest predictor. Conclusion: This study shows that the New Pressure Sores Risk Assessment Scale still predict the risk of developing pressure sores in neurosurgical subject.

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한국형 노인자살위험 사정도구 개발 (Development of a Korean Geriatric Suicidal Risk Scale (KGSRS))

  • 이상주;김정순
    • 대한간호학회지
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    • 제46권1호
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    • pp.59-68
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    • 2016
  • Purpose: Increase in suicide rate for senior citizens which has become widespread in our society today. It is not a normal social phenomenon and is beyond the danger level. The contents of this study include Korean senior citizens' suicide related risk factors and warning signs, and the development of a simple Geriatric Suicide Risk Scale. Methods: This study is Methodological Research to verify reliability and validity of the Geriatric Suicide Risk Scale according to the tool development process suggested by Devellis (2012). Results: For predictive validity assessment, high suicide screening accuracy was showed with an Area under the ROC curve (AUC) of .93. For the optimal cutoff point of 11, sensitivity was 93.9%, and specificity, 75.7% which are excellence levels. Cross validity for assessment of generalization possibility showed the Area under the ROC curve (AUC) as .82 and in case of a cutoff point of 11, sensitivity was 73.7%, and specificity, 65.9%. Conclusion: When it comes to practical nursing, it is significant that the Korean Geriatric Suicide Risk Scale has high reliability and validity through adequate tool development and the tool assessment step to select degree of suicide risk of senior citizens. Also, it can be easily applied and does not take a long time to administer. Further, it can be used by health care personnel or the general public.

The Distribution of Mismatches in Government Policy Response against COVID-19 in Terms of Risk Communication and its Implications

  • BAE, Suk-Kyeong;CHOI, Choongik
    • 유통과학연구
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    • 제19권12호
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    • pp.91-101
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    • 2021
  • Purpose: This study aims to explore the effects of government's value intervention messages on the prevention and control of infectious disease in the risk communication process in terms of goveremnt policy response to COVID-19 from the mismatch message perspective, and draws the relevant implicaitons. Due to the infeciton spread, some people point out that depression caused by COVID-19 is because of wrong signals of the government and infectious disease prevention and control authorities, namely value intervention messsages. Research design, data and methodology: This study examined the epidcmic situation through message deails regarding the effects of government's mismatch messages on prevention and control of infectious disease and the resulting phenomena. Results: People's lives are under serious threat overall, so the declaration of the end of COVID-19 is almost impossible unlike MERS. Economic downturn due to foreced prevention and control regulaitons of COVID-19, mistruct of social distancing, fatigue on mismatch messages, and moral hazard on the awareness of prevention and control of infectious disease are negative phenomena to risk communiaiton on COVID-19. Conclusions: This study investigated the government authorities' policy sending wrong signals due to mismatching of the reality at this point in time for infectious disease prevention and control from the risk communicaiton perspectrive.

환경매체별 취약성을 반영한 장외영향평가 위험도 분석 (Risk Analysis of Off-site Risk Assessment using Vulnerability by Environmental Medium)

  • 최우수;백종배
    • 한국안전학회지
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    • 제33권5호
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    • pp.150-156
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    • 2018
  • As the types and usage of chemical increase, modern countries should protect their health and environment from the risk of hazardous chemical. Chemical accidents not only affect humans but also cause huge losses to the environment. Moreover, since its effects do not end in a short period of time, it is necessary to identify the extent of the damage and establish a prevention and response system in advance. In 2015, the Chemical Substances Management Act provided a system for assessing the impact on the people and the environment around the workplace. However, it is difficult to quantitatively evaluate the impact on environmental factors such as vegetation and aquatic, with the current hazard assessment methods. The purpose of this study is to analyze the quantitative risk of environmental receptors. This study improved the existing risk assessment formula by using the environmental vulnerability index and established the end point concentration criterion which can estimate the damage range to environmental media. To verify the results of the study, a virtual accident scenario was selected and a case study was conducted. As a result, the extent of impact on the environmental medium can be calculated, and the degree of environmental risk of the zone can be quantified through the risk analysis considering the environmental vulnerability. This study is expected to increase the reliability of the reliability of the existing risk anaylsis method beacause it is a risk analysis method that can be applied when the environmental factors are absolutely necessary and when the residents and environment are complex.

한국 여성 유방암의 위험요인 분석 (A Study on the Risk Factors for Breast Cancer in Korean Women)

  • 윤귀옥;박형숙
    • 기본간호학회지
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    • 제8권1호
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    • pp.7-23
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    • 2001
  • This study was done to provide basic data on prevention of breast cancer by identifying and analyzing risk factors for breast cancer in Korean women. The data were collected from three hospitals. The data from Jan. 1995 to Dec. 1997 was based on the patient recordings and personal contacts if possible. Data from 1998 to 1999 was collected from 280 inpatients and outpatients diagnosed as breast cancer. From this data, information about the risk factors of breast cancer could be acquired. The factors are scaled according to the degree of risk. Menstrual history, obstetrical history, family history. lactation period, life style were given 5 point, and body mass index was given 4 point. Using one-way ANOVA. the most important risk factors were identified and analyzed by multiple regression. The conclusion of this study are as follows : General factors which would show an effect on the results of the multiple regression included risk factors such as menstrual history, obstetrical history, lactation period, family history, and life style factors including mortal state, monthly income, educational level, job and age. Family history(R=0.481) was found to be the highest risk factor(23.1%) affecting breast cancer risk. The next factors were dying hair(R=0.603), drinking(R=0.846), body mass index(R=0.885), smoking(R=0.916), age of menopause(R=0.937), pregnancy age of first full-term(R=0.957), eating vegetable(R=0.980) and the number of full term pregnancies in that order. The sum total(R=0.986) of all the above factors accounted for 97.3% of the risk of breast cancer for Korean women. In conclusion, it was found that family history and dyeing hair were the highest risk factors for breast cancer. It is recommended that those with a family history of breast cancer should have regular breast examinations, and those who often dye their hair should reconsider this practice.

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Dempster-Shafer 이론 기반의 선박충돌위험성 평가에 관한 연구 (Study on the Evaluation of Ship Collision Risk based on the Dempster-Shafer Theory)

  • 박진완;정중식
    • 해양환경안전학회지
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    • 제29권5호
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    • pp.462-469
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    • 2023
  • 본 논문은 선박이 조우하는 상황에서 충돌의 위험에 대한 판단을 지원하여 충돌사고를 예방하기 위하여 선박충돌위험성을 평가하는 방법을 제안하고자 한다. 선박의 항해는 불확실성이 다수 내포되어 있기 때문에 충돌의 위험을 평가할 때 선박충돌위험성이 가진 불확실성을 고려할 필요가 있다. 본 논문은 불확실성을 처리하고 각 상대 선박의 충돌의 위험을 실시간으로 평가하기 위하여 Dempster-Shafer 이론을 적용한다. 선박충돌위험의 평가 요인으로 DCPA(distance at closest point approach), TCPA(time to closest point approach), 상대 선박과의 거리, 상대방위, 속도비율 등이 사용되며, 각 평가 요인별 멤버쉽 함수로 계산된 기본확률배정함수(basic probability assignment)는 Dempster-Shafer 이론의 융합 규칙을 통하여 융합된다. 선박들이 실제로 조우하는 상황에서 수집된 선박자동식별장치 데이터를 사용하여 제안된 방법을 실험한 결과 평가의 적합성이 검증되었다. 선박간 조우 상황에서의 실시간으로 충돌위험성을 평가함으로써 인적오류로 인한 충돌사고를 예방할 수 있으며, 해상교통관제시스템과 자율운항선박의 충돌회피시스템에도 활용될 것으로 기대된다.

프로젝트 위험요인 인식에 관한 비교 연구 - 정보시스템 구현 프로젝트에서 소프트웨어 패키지 적용과 순수 개발하는 경우 - (A Study on Perception of Project Risk Factor - Comparison between Software Package and Development with Program Language in Information System Project -)

  • 박송미;채명신
    • 한국정보시스템학회지:정보시스템연구
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    • 제16권4호
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    • pp.243-268
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    • 2007
  • It is critical to manage risks to complete IS(Information Systems) projects successfully. Identifying risk factors would be the first step for the project risk management. Previous research has discussed the issue with various points of view, such as different risk factors based on project types and roles involved in their projects. This paper empirically explored how people perceive different risk factors by project development methodology, between self-developing IS using programming language like C, Visual Basic and adapting software package already developed by software venders like ERP, CRM packages. There are researches regarding project risk factors for project management in the several point of views. And there are also researches regarding comparison between self-developing and adapting software packages methodology in IS project. However, there are no study on project risk factors comparison between self-developing IS using programming language and adapting software packages already developed by software venders in IS project. This research can be differentiated from previous ones, because it was considered both point of project risk management and development methodology in IS project. This research results implied meaningful messages to enterprise company to be planned IS projects and people who involved in IS projects. They should consider and need to prepare differently according to each development methodology for preventing project risks. It makes them reduce project risks in each case and complete successfully IS projects. Especially, if they have no experiences for implementing software packages, they can forecast the project risks and prepare them in advance.

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