• Title/Summary/Keyword: Solvability

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The Effects of Profitability and Solvability on Stock Prices: Empirical Evidence from Indonesia

  • SHOLICHAH, Fatmawati;ASFIAH, Nurul;AMBARWATI, Titiek;WIDAGDO, Bambang;ULFA, Mutia;JIHADI, M.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.885-894
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    • 2021
  • This study aims to analyze the effect of the ratio of profitability and solvability (leverage) on the variable stock price, which is mediated (intervening) by the variable dividend policy. Using the financial reports of manufacturing companies in the consumer goods sector, we take profitability data (ROA, ROE, GPM, and NPM), solvability data (DAR, LTDER, and DER), dividend policy (DPR), and stock price (closing price) from 24 companies, which were selected as samples, from 2011 to 2018. Data was analyzed using the Structural Equation Modeling (SEM) method. The results show that profitability, solvability, and dividend policy affect changes in stock prices, respectively. On the other hand, profitability and solvability do not affect dividend policy. The indirect relationship (intervening) is assessed using a single test, resulting in a dividend policy that can intervene in the relationship between profitability and stock prices but cannot mediate the relationship between solvability and stock prices. The implication of this research is to provide knowledge to investors about the importance of knowing the company's financial performance. Companies with good financial performance will easily develop because there are sufficient funds for company operations. By analyzing financial ratios, investors can get signals to decide whether to invest in the company they want.

APPROXIMATION-SOLVABILITY OF A CLASS OF A-MONOTONE VARIATIONAL INCLUSION PROBLEMS

  • Verma, Ram U.
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • v.8 no.1
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    • pp.55-66
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    • 2004
  • First the notion of the A-monotonicity is applied to the approximation - solvability of a class of nonlinear variational inclusion problems, and then the convergence analysis is given based on a projection-like method. Results generalize nonlinear variational inclusions involving H-monotone mappings in the Hilbert space setting.

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Output regulation of linear sampled-data systems (선형 샘플치 시스템의 출력 조절)

  • 정선태
    • Journal of the Korean Institute of Telematics and Electronics S
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    • v.34S no.8
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    • pp.65-73
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    • 1997
  • The effects of time-sampling on linear output regulation problem is ivestigated. It is found that the solvability of linear output regulation problem is generally not robust with respect to time-sampling although the solvability of that for single inut and single output linear systems and the solvability of linear robust output regulation problem are preserved under time-sampling. The resutls imply that one needs to seek a better approximate sampled-data output regulator.

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A Development of Self Learning Material for Mathematics Teachers' Understanding Galois Theory (수학교사의 갈루아 이론 이해를 위한 자립연수자료 개발)

  • Shin, Hyunyong
    • Communications of Mathematical Education
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    • v.31 no.3
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    • pp.279-290
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    • 2017
  • This study proposes a self learning material for understanding the key contents of Galois theory. This material is for teachers who have learned algebraic structures like group, field, and vector space which are related with Galois theory but do not clearly understand how algebraic structures are related with the solvability of polynomials and school mathematics. This material is likely to help them to overcome such difficulties. Even though proposed material is used mainly for self learning, the teachers may be helped once or twice by some professionals. In this article, two expressions 'solvability of polynomial' and 'solvability of equation' have the same meaning and 'teacher' means in-service mathematics teacher.

Determination of Reactive Power Compensation Considering Large Disturbances for Power Flow Solvability in the Korean Power System

  • Seo, Sang-Soo;Kang, Sang-Gyun;Lee, Byong-Jun;Kim, Tae-Kyun;Song, Hwa-Chang
    • Journal of Electrical Engineering and Technology
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    • v.6 no.2
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    • pp.147-153
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    • 2011
  • This paper proposes a methodology using a tool based on the branch-parameter continuation power flow (BCPF) in order to restore the power flow solvability in unsolvable contingencies. A specified contingency from a set of transmission line contingencies is modeled, considering the transient analysis and practice in the Korean power system. This tool traces a solution path that satisfies the power flow equations with respect to the variation of the branch parameter. At a critical point, in which the branch parameter can move on to a maximum value, a sensitivity analysis with a normal vector is performed to identify the most effective compensation. With the sensitivity information, the location of the reactive power compensation is determined and the effectiveness of the sensitivity information is verified to restore the solvability. In the simulation, the proposed framework is then applied to the Korean power system.

A New Approach for Corrective and Preventive Control to Unsolvable Case in Power Networks having DERs

  • Dinh, Hung Nguyen;Nguyen, Minh Y.;Yoon, Yong Tae
    • Journal of Electrical Engineering and Technology
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    • v.8 no.3
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    • pp.411-420
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    • 2013
  • Recently, Korean system operating conditions have gradually approached an upper limit. When a contingency occurs, the power system may have no solutions. Different from the cases of bad initial guesses or the solutions are too close to the solvability boundary in which numerical methods can be applied, for unsolvable cases, the only way to restore solvability would be structure modifications. In this paper, a new approach for corrective and preventive control to such cases is proposed in two steps: (i) finding any solution regardless its feasibility; (ii) for the infeasible solution, make it feasible with additional modifications at load buses having Distributed Energy Resources. The test case built based on the peak load profile of 2008 by KEPCO including 1336 buses is analyzed. Since reactive power compensation is optimized to restore solvability, all demands are met, therefore no blackouts happen. The proposed method was integrated in the LP program designed by power21 Corporation.

SOLVABILITY OF GENERAL BACKWARD STOCHASTIC VOLTERRA INTEGRAL EQUATIONS

  • Shi, Yufeng;Wang, Tianxiao
    • Journal of the Korean Mathematical Society
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    • v.49 no.6
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    • pp.1301-1321
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    • 2012
  • In this paper we study the unique solvability of backward stochastic Volterra integral equations (BSVIEs in short), in terms of both the adapted M-solutions introduced in [19] and the adapted solutions via a new method. A general existence and uniqueness of adapted M-solutions is proved under non-Lipschitz conditions by virtue of a briefer argument than the ones in [13] and [19], which modifies and extends the results in [13] and [19] respectively. For the adapted solutions, the unique solvability of BSVIEs under more general stochastic non-Lipschitz conditions is shown, which improves and generalizes the results in [7], [14] and [15].

SOLVABILITY OF NONLINEAR ELLIPTIC TYPE EQUATION WITH TWO UNRELATED NON STANDARD GROWTHS

  • Sert, Ugur;Soltanov, Kamal
    • Journal of the Korean Mathematical Society
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    • v.55 no.6
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    • pp.1337-1358
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    • 2018
  • In this paper, we study the solvability of the nonlinear Dirichlet problem with sum of the operators of independent non standard growths $$-div\({\mid}{\nabla}u{\mid}^{p_1(x)-2}{\nabla}u\)-\sum\limits^n_{i=1}D_i\({\mid}u{\mid}^{p_0(x)-2}D_iu\)+c(x,u)=h(x),\;{\in}{\Omega}$$ in a bounded domain ${\Omega}{\subset}{\mathbb{R}}^n$. Here, one of the operators in the sum is monotone and the other is weakly compact. We obtain sufficient conditions and show the existence of weak solutions of the considered problem by using monotonicity and compactness methods together.