• Asia-Pacific Journal of Business
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• v.11 no.4
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• pp.317-332
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• 2020

Purpose - This study examines the information effect and trading behavior of investors for the 430 stock split data from January 2004 to June 2018 in the Korean stock market. Design/methodology/approach - The stock split samples are classified into two groups by split ratio as well as three groups by price level prior to split. We also investigate the trading behavior of investors categorized by institutional versus individual investors. Findings - First, we find a significantly positive information effect on the announcement day. In particular, the information effect is more distinct in the group of larger split ratio and higher price level of stocks. Second, we find a huge increase in turnover following the stock splits, which mainly results from the trading by individual investors. Also, the increase in turnover by individual investors is evident in the group of larger split ratio and higher price level of stocks. Third, the stock splits have a negative impact on the long-term stock performance. The negative buy-and-hold abnormal return(BHAR) makes no difference in the groups by split ratio as well as price level of stocks. Lastly, we find individual investors tend to buy splitted stocks, which exhibit the long-term under-performance. Research implications or Originality - The results in this paper suggest that the liquidity hypothesis is not supported in the Korean stock splits. In addition, we observe that individual investors are exposed to losses due to their unfavorable trading behavior following the stock split.

• Textile Coloration and Finishing
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• v.26 no.4
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• pp.331-338
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• 2014

In this research, split-type complex yarn of 20:80, 40:60, 50:50 nylon6/polyester composition ratio was used in order to impose unique sense on split-type complex woven. After treating both split-type complex yarn of each ratio and its produced woven in alkali solution, we got the following results by checking physical properties based on alkali proportion and treatment time. Under the condition of NaOH 20% in this experiment, it took approximately double time 20% loss of weight. The loss of weight became high when polyester proportion of N/P(nylon6/polyester) composition ratio was low, in the same fineness yarn. Even though polyester proportion was low, the loss of weight was low when the fineness was high. N/P division was well processed at about 25% loss of weight under the condition of NaOH 20%, treatment temperature $50^{\circ}C$, and treatment time 60 minutes. The research provides that the loss of weight should be processed around treatment time 24 hours in the case of NaOH concentration 15%, and treatment time 15 hours in the case of NaOH concentration 18%, respectively, in order to achieve N/P woven division ratio of about 70%-80% in industrial fields.

• Journal of Veterinary Science
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• v.21 no.4
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• pp.55.1-55.11
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• 2020

Background: Computed tomography urography (CTU), based on the excretion of contrast medium after its injection, allows visualization of the renal parenchyma and the renal collecting system. Objectives: To determine the optimal contrast medium dose allocation ratio to apply in split-bolus CTU in dogs. Methods: This prospective, experimental, exploratory study used 8 beagles. In 3-phase CTU, unenhanced-, nephrographic-, and excretory-phase images were obtained with a single injection of 600 mg iodine/kg iohexol. In split-bolus CTU, two different contrast medium allocation ratios (30% and 70% for split CTU 1; 50% and 50% for split CTU 2) were used. Unenhanced phase image and a synchronous nephrographic-excretory phase image were acquired. Results: Although the attenuation of the renal parenchyma was significantly lower when using both split CTUs than the 3-phase CTU, based on qualitative evaluation, the visualization score of the renal parenchyma of split CTU 1 was as high as that of the 3-phase CTU, whereas the split CTU 2 score was significantly lower than those of the two others. Artifacts were not apparent, regardless of CTU protocol. The diameter and opacification of the ureter in both split CTUs were not significantly different from those using 3-phase CTU. Conclusions: Split-bolus CTU with a contrast medium allocation ratio of 30% and 70% is feasible for evaluating the urinary system and allows sufficient enhancement of the renal parenchyma and appropriate distention and opacification of the ureter, with similar image quality to 3-phase CTU in healthy dogs. Split-bolus CTU has the advantages of reducing radiation exposure and the number of CT images needed for interpretation.

• Proceedings of the KSME Conference
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• 2002.08a
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• pp.283-286
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• 2002

The mixing of fuel and oxidizer and each mass distribution of unlike split triplet(F-O-O-F) injector for liquid rocket which are known to affect the combustion efficiency significantly, has been investigated using PLLIF technique. Experiment is conducted to investigate the effect of mixture ratio(MiR), momentum ratio(MoR) and impinging angle on mixing efficiency. The mixing efficiency, which is introduced by Rupe, gives the global chracteristic of spray mixing. Experiment far comparison with triplet injector(F-O-F), which has same momentum ratio and impinging angle with split triplet injector is conducted.

• Transactions of the Korean Society of Automotive Engineers
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• v.3 no.6
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• pp.212-223
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• 1995

To improve the efficiency of a power transmission system with slip elements, power split/circulation system is applied. The performance of a power split/circulation system varies widely by the change of the followings; the layout of system, the type and gear ratio of planetary gear, the performance of slip element, etc. Therefore, when one designs such a power transmission system or when one determines the economic/power mode of system, a certain performance prediction method is needed. In this study, the internal power flow pattern of a power split/circulation system is theoretically analyzed on several transmission systems. And an effective performance prediction method(so called performance locus diagram) is presented. By this method, the effects of design factors can be easily understood and the qualitative performances of system can be clearly evaluated.

• Transactions of the Korean Society of Machine Tool Engineers
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• v.11 no.6
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• pp.45-51
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• 2002

The existing methods to split overall gear ratio of the cylindrical multi-stage gear train have their own limitations to be used in practical design and are also problematic to be implemented in a formalized algerian. This paper proposes two types of new methods to find gear ratios best approximating the overall gear ratio. The proposed methods are quite general to be applied to the gear train having any number of stages, and offer a considerably good result in a very short time. The first method uses the random search method and the second one is based on the simulated annealing algorithm. The proposed algorithms are expected to be very useful not only as an independent program to split overall gear ratio, but also as a desist sub-module for the integrated desist system of multi-stage gear drives.

• Journal of international Conference on Electrical Machines and Systems
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• v.2 no.4
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• pp.478-485
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• 2013

This paper focuses on the design and control of a new concept for wind turbines with a planetary gearbox to realize a power split. This concept, where the generated wind power is split into two parts, is to increase the utilization of the wind power and may be particularly suitable for large scale off-shore wind turbines. In order to reduce the cost of the power electronic devices, a synchronous generator, which is driven by the planetary gear, is directly connected to the power grid without electronic converter. A servo drive, which functions as the control actuator, is connected to the power grid by a power electronic converter. With small scale power electronic device, the current harmonics can also be reduced. The speed of the main shaft is controlled to track the optimal tip speed ratio. Meanwhile the speed of the synchronous generator is controlled to stay at the synchronous speed. The minimum rated power of the servo motor and the converter, is studied and discussed in this paper. Different variants of the wind turbine with a planetary gear are also compared. The controller for optimal tip speed ratio and synchronous speed tracking is given.

• International Journal of Air-Conditioning and Refrigeration
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• v.15 no.3
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• pp.114-121
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• 2007

In this study, a modified reverse flow type, one of the triple effect absorption cycles, is studied for performance improvement. The cycle simulation is carried out by using EES(Engineering Equation Solver) program for the working fluid of $H_2O/LiBr$ solution. The split-ratios of solution flow rate, UA of each component, pumping mass flow rate of solution are considered as key parameters. The results show that the optimal SRH (split ratio of high side) and SRL (split ratio of low side) values are 0.596 and 0.521, respectively. Under these conditions, the COP is maximized to 2.1. The optimal pumping mass flow rate is selected as 3 kg/s and the corresponding UAEV A is 121 kW/K in the present system. The present simulation results are compared to the other literature results from Kaita's (2002) and Cho's (1998) triple effect absorption systems. The present system has a lower solution temperature and a higher COP than the Kaita's modified reverse flow, and it also gives a higher COP than the Cho's parallel flow by adjusting split ratios.

• 한국정보디스플레이학회:학술대회논문집
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• 2005.07b
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• pp.1347-1350
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• 2005

A modified Time-Ratio Gray Scale AMOLED drive technique is described in which the frame period is split into two half-frames, each of which is divided into binary weighted sub-frames and driven in the conventional time-ratio manner. The proposed technique improves aperture ratio by reducing TFT sizes in pixel circuits.

• Journal of electromagnetic engineering and science
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• v.15 no.2
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• pp.120-122
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• 2015

This study presents a new, simple method for improving the front-to-back (F/B) ratio of a microstrip patch antenna (MSA) based on surface wave suppression. The back radiation of the MSA is significantly reduced by using the meandered ground plane edges and placing split-ring resonators (SRRs) in the middle of the meandered slots. By loading SRRs near the center of the meandered ground plane edges, some parts of the diffracted back-lobe power density can be reduced further. Compared to the F/B ratio of a conventional MSA with a full ground plane of the same size, an improved F/B ratio of 18 dB has been achieved experimentally for our proposed MSA.