• Title/Summary/Keyword: Stock Management

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Fragility-based rapid earthquake loss assessment of precast RC buildings in the Marmara region

  • Ali Yesilyurt;Oguzhan Cetindemir;Seyhan O. Akcan;Abdullah C. Zulfikar
    • Structural Engineering and Mechanics
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    • v.88 no.1
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    • pp.13-23
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    • 2023
  • Seismic risk assessment studies are one of the most crucial instruments for mitigating casualties and economic losses. This work utilizes fragility curves to evaluate the seismic risk of single-story precast buildings, which are generally favored in Marmara's organized industrial zones. First, the precast building stock in the region has been categorized into nine sub-classes. Then, seven locations in the Marmara region with a high concentration of industrial activities are considered. Probabilistic seismic hazard assessments were conducted for both the soil-dependent and soil-independent scenarios. Subsequently, damage analysis was performed based on the structural capacity and mean fragility curves. Considering four different consequence models, 630 sub-class-specific loss curves for buildings were obtained. In the current study, it has been determined that the consequence model has a significant impact on the loss curves, hence, average loss curves were computed for each case investigated. In light of the acquired results, it was found that the loss ratio values obtained at different locations within the same region show significant variation. In addition, it was observed that the structural damage states change from serviceable to repairable or repairable to unrepairable. Within the scope of the study, 126 average loss functions were presented that could be easily used by non-experts in earthquake engineering, regardless of structural analysis. These functions, which offer loss ratios for varying hazard levels, are valuable outputs that allow preliminary risk assessment in the region and yield sensible outcomes for insurance activities.

The Study of Comparing Korean Consumers' Attitudes Toward Spotify and MelOn: Using Semantic Network Analysis

  • Namjae Cho;Bao Chen Liu;Giseob Yu
    • Journal of Information Technology Applications and Management
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    • v.30 no.5
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    • pp.1-19
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    • 2023
  • This study examines Korean users' attitudes and emotions toward Melon and Spotify, which lead the music streaming market. We used Text Mining, Semantic Network Analysis, TF-IDF, Centrality, CONCOR, and Word2Vec analysis. As a result of the study, MelOn was used in a user's daily life. Based on Melon's advantages of providing various contents, the advantage is judged to have considerable competitiveness beyond the limits of the streaming app. However, the MelOn users had negative emotions such as anger, repulsion, and pressure. On the contrary, in the case of Spotify, users were highly interested in the music content. In particular, interest in foreign music was high, and users were also interested in stock investment. In addition, positive emotions such as interest and pleasure were higher than MelOn users, which could be interpreted as providing attractive services to Korean users. While previous studies have mainly focused on technical or personal factors, this study focuses on consumer reactions (online reviews) according to corporate strategies, and this point is the differentiation from others.

IT Investment and Financial Performance Volatility: The Moderating Role of Industry Environment and IT Strategy Emphasis

  • Wahyu Agus Winarno;Slamin
    • Asia pacific journal of information systems
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    • v.32 no.4
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    • pp.707-727
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    • 2022
  • Industrial revolution 4.0 makes business competition more challenging and will impact the instability of the company's financial performance. Dynamic environmental conditions make it difficult for companies to make predictions in making decisions. Investing in information technology (IT) is one way for companies to maintain financial stability and competitive advantage in dynamic competition. Resource-Based Theory (RBT) explains that information technology (IT) is a resource that can create a competitive advantage for the company. This study aims to examine the moderating role of dynamic industrial environments and IT strategic emphasis on the relationship between a lag effect of IT investment and firm's financial performance volatility. Using the data of companies listed on the Indonesia Stock Exchange (IDX) for five years starting from 2013-2017, the method used to estimate the research model's parameters is the generalized method of moments (GMM) approach. The results show that the industrial environment and the emphasis on IT strategy have a role in moderating and strengthening the relationship between the time lag in IT investment in reducing the firm's financial performance volatility.

A Study on the Relationship between Investor Groups and Stock Prices (투자자 유형과 주가의 관계에 관한 연구)

  • Ku, Maeng-Hoe;Lee, Yun-Sun
    • The Korean Journal of Financial Management
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    • v.18 no.1
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    • pp.43-66
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    • 2001
  • 본 연구는 투자자 집단에 따라 그 매매에 있어서 주가와의 관련성을 분석하고자 하였다. 투자자 집단의 매매 성향은 월별 순매매율로 측정하였으며 주가의 대용변수는 한국종합주가지수(KOSPI)의 월별 수익률로서 분석에 사용된 기간은 1992년 1월부터 1999년 12월까지이다. 분석을 위한 방법론으로 상관분석과 회귀분석을 이용하였다. 상관분석은 스피어만 순위상관분석을 이용하여 KOSPI와 각 투자자 집단의 순매매 비중의 상관계수를 도출하였으며 그 결과 KOSPI와 개인투자자의 순매매와는 음의 유의적 상관관계를, KOSPI와 외국인 투자자의 순매매율과는 양(+)의 유의적 상관관계를 알 수 있었다. 그러나 기관투자자의 경우 기관투자자 전체 범주로 볼 때 유의적 상관관계가 없었으나 세분화된 기관투자자 일부는 유의적 상관관계를 보였다. 또한 본 연구는 KOSPI와 각 투자자 집단의 매매에 대한 인과관계를 추론한 바 외국인 투자자의 매매는 KOSPI에 영향을 주며 개인투자자의 매매는 오히려 KOSPI에 영향을 받는 것으로 보였다. 그러나 기관투자자의 경우 세부기관마다 그 매매의 성격을 달리하는 것으로 보였다. 이러한 분석결과를 바탕으로 회귀분석을 실시하였으며 그 분석결과 외국인 투자자와 기관투자가 가운데 증권사와 투신사의 경우, 순매수가 늘어날수록 주가는 상승하고 순매도가 늘어날수록 주가는 하락하는 것을 확인할 수 있었으며 반면 개인투자자의 매매는 KOSPI 주가에 따라 영향을 받는 것으로 나타났다. 즉 주가가 상승할수록 매도에 치중하고 주가가 하락할수록 매수에 치중하는 것으로 분석되었다. 기관투자자 가운데 보험사의 매매 역시 주가에 영향을 받는 것으로 나타났다. 본 연구의 성과로는 특정 투자자 집단이 주가의 움직임에 따라 매매를 하는 수동적 전략의 의미보다는 적극적으로 주가를 움직이는 주체로서 외국인투자자와 일부 기관투자자의 존재를 확인할 수 있었다는 점이며, 주가 움직임에 따른 개인투자자와 일부 기관 투자자의 수동적 매매 스타일과 기관투자자 사이의 투자스타일의 이질성을 통계적으로 확인할 수 있었다는 데에 있다.

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A Study on the Impact of Macroeconomic Factors in the Health Care Industry Stock Markets (거시경제요인이 보건의료산업 주식시장에 미치는 영향에 관한 연구)

  • Lee, Sang-Goo
    • Management & Information Systems Review
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    • v.34 no.4
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    • pp.67-81
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    • 2015
  • The purpose of this study was to evaluate the effect of this factor on the macroeconomic variables for the healthcare industry market. First, the government bond interest rates and the exchange rate is the cause variable of drug industry index. Drug industry index is a mutual influence between the Call interest rate. Second, the medical equipment index haver mutual cause variable such as call rate index, government bond interest rates, and exchange rate. A current account balance variable is the cause variable of drug industry index. Third, the drug industry index has a negative relationship with a Call interest rate and an exchange rate. but it has a positive relationship with a government bond interest rates. the medical equipment index has a negative relationship with an exchange rate. but it has a positive relationship with a government bond interest rates.

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The Determination Factors of Mutual Fund Return (한국주식시장에서 주식형 펀드의 성과결정요인에 관한 연구)

  • Park, Bum-Jin
    • The Korean Journal of Financial Management
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    • v.24 no.1
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    • pp.85-107
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    • 2007
  • In this study, I analyzed determinant factors of mutual fund return. The samples was distributed into three types according to the ratio of included stocks in funds. The proxies of mutual funds were set up three ways(returns of fund). As a result of the analysis, I found that growth positively affect to fund return, abnormal return and adjusted abnormal return in all samples. While, according to three types of sample, expected and unexpected fund cash flows had differently effect on fund return. Inferentially, it seemed that the ratio of included stocks in fund was the cause of that. But price pressure hypothesis are not supported. In conclusion, it was not found the possibility of stock market disturbance in this analysis.

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Current situation and future trends for beef production in the United States of America - A review

  • Drouillard, James S.
    • Asian-Australasian Journal of Animal Sciences
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    • v.31 no.7
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    • pp.1007-1016
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    • 2018
  • USA beef production is characterized by a diversity of climates, environmental conditions, animal phenotypes, management systems, and a multiplicity of nutritional inputs. The USA beef herd consists of more than 80 breeds of cattle and crosses thereof, and the industry is divided into distinct, but ofttimes overlapping sectors, including seedstock production, cow-calf production, stocker/backgrounding, and feedlot. Exception for male dairy calves, production is predominantly pastoral-based, with young stock spending relatively brief portions of their life in feedlots. The beef industry is very technology driven, utilizing reproductive management strategies, genetic improvement technologies, exogenous growth promoting compounds, vaccines, antibiotics, and feed processing strategies, focusing on improvements in efficiency and cost of production. Young steers and heifers are grain-based diets fed for an average of 5 months, mostly in feedlots of 1,000 head capacity or more, and typically are slaughtered at 15 to 28 months of age to produce tender, well-marbled beef. Per capita beef consumption is nearly 26 kg annually, over half of which is consumed in the form of ground products. Beef exports, which are increasingly important, consist primarily of high value cuts and variety meats, depending on destination. In recent years, adverse climatic conditions (i.e., draught), a shrinking agricultural workforce, emergence of food-borne pathogens, concerns over development of antimicrobial resistance, animal welfare/well-being, environmental impact, consumer perceptions of healthfulness of beef, consumer perceptions of food animal production practices, and alternative uses of traditional feed grains have become increasingly important with respect to their impact on both beef production and demand for beef products. Similarly, changing consumer demographics and globalization of beef markets have dictated changes in the types of products demanded by consumers of USA beef, both domestically and abroad. The industry is highly adaptive, however, and responds quickly to evolving economic signals.

Implementation of B2B order and delivery system using UML, and XML (UML과 XML을 이용한 B2B 수주ㆍ발주 시스템 구현)

  • 권영직
    • Journal of Korea Society of Industrial Information Systems
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    • v.7 no.5
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    • pp.1-10
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    • 2002
  • This study is based on user requirements before the implementation of B2B order and delivery systems. For accurate and easy understanding of the user's requirements I have expressed my specifications in graphical method and to make use of multiple diagrams, I have used UML. In these specifications, I have implemented B2B order and delivery systems with the use of XML, with company 'N' which is domestic aluminum manufacturer as the study object. The results of this study are as follows. First, both a developer and a user can understand the problems associated with specifying study objects through this system. Second, the communication between developers and users is more effective using this system. Third programming became easier because or the formalized specifications of this system. Fourth, this system facilitates the rapid handling of marketing department and stock management. Fifth, order and reservation management became more rapid and accurate through the use of this system. Sixth, this system can help nate B2B order and delivery systems that can be direct transactions. Seventh, this system helps to reduce purchasing costs by allowing for the rapid and simple order and delivery of raw materials. Finally, this study emphasized the advertising effect of an aluminum vessel.

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A Study on Innovation of Construction Industry & Project Operation System (건설산업과 조직(생산시스템의 개혁을 위한 원론적 고찰))

  • Lee Jea-Sauk
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.19-26
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    • 2002
  • The Circumstance of Construction Industry is speedily changing. For example, the stock of building, housing etc , will be measure up in KOREA soon. And. Variety and Complexity of Construction Purpose are increasing. So that Clearness and Frankness of Project Process are inquired more than ever. We need to approach by Fundamentally, Radically, and Dramatically. The purpose of this study is Qualitative Prosperity by Reconsideration of Principles of System and Positive Action to Changing Condition on Construction Industry. In the other words, when all Stakeholders are participates in construction project, Creative Genius, Liability and Responsibility are important. Construction System need to Competitive Sense and Organic Integration as Social Open System. In this paper, Project Process, Stakeholder, Organizing Process and Total Project Operation System are considered.

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Analysis about relation of Won/Dollar Foreign Exchange Rate and Interest Rate of Korea (IMF 전후기간의 원/달러환율과 금리에 대한 실증분석)

  • Kim, Jong-Gwon
    • Proceedings of the Safety Management and Science Conference
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    • 2005.11a
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    • pp.569-579
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    • 2005
  • International capital movement has made progress at global liberalization of finance and foreign exchange, international monetary norm changing into floating exchange rate system, easiness of collection of information and trade at improvement of information communication technology from early of 1970's. Results of empirical test for relation between foreign exchange rate or various determination factors of foreign exchange rate and interest rate are followed by next sentences. First, according to relation between foreign exchange rate and interest rate, correlation for each of variables after OECD entrance is increased. 'But, long-term & short-term interest rate is affected by Hanbo & Kia's bankruptcy, continuous large scale coporates bankruptcy and crisis of foreign exchange. Therefore, financial instability is occured. If portfolio investment fund has been inflow as it is mollified by continuous shortage of foreign exchange and fall of country's credit rating, it is expected to have positive effect for long-term & short-term interest rate from appreciation of won against dollar. Second, results from relation between determination factor of foreign exchange rate and interest rate are followed by next sentences. If surplus of current account and goods account is continued, yield of corporate bond is to be stable. But, margin of surplus is expected to diminish after second quarter 98, and difference between external and domestic interest (after adjusting foreign exchange rate) is to be diminished. And if net inflows of foreign investor's fund (stock and bond) is diminished, it is to have negative effect for yield of corporate bond. According to foreign investor's investment movement of previous years, hedge fund were stayed at least during two years in Mexico. It means that sudden capital outflow is not to be happened at Korea.

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