• The Journal of Industrial Distribution & Business
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• v.11 no.12
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• pp.39-45
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• 2020

Purpose: The stock price delay phenomenon refers to a phenomenon in which stock prices do not immediately reflect corporate information and the reflection is delayed. A prior study reported that the stock price delay phenomenon appears strongly when the quality of corporate information is low (Callen, Khan, & Lu, 2013). The purpose of the internal accounting control system is to improve the reliability of accounting information. Specifically, the more professionals such as certified public accountants are placed in the internal accounting control system, the more information is prevented from being distorted, so the occurrence of stock price delay will decrease. Research design, data and methodology: In this study, companies listed on the securities market from 2012 to 2016 were selected as a sample to analyze whether the stock price delay phenomenon is alleviated as accounting experts are assigned to the internal accounting control system. The internal control personnel data were collected in the "Internal Accounting Control System Operation Report" attached to the business report of each company of the Financial Supervisory Service's Electronic Disclosure System(DART). The measurement method of the stock price delay phenomenon was referred to the study of Hou and Moskowitz (2005). The final sample used in the study is 2,641 firm-years. Results: It was found that companies with certified accountants in the internal accounting control system alleviate the stock price delay phenomenon. This result can be interpreted as increasing the speed at which corporate information is reflected in the stock price by improving the reliability of information disclosed in the market by the placement of experts in the system. Conclusions: The results of this study suggest that accounting professionals assigned to the internal accounting control system are playing a positive role in providing high-quality information to the market. In this study, focusing on the fact that the speed at which corporate information is reflected in the stock price is very important for the stakeholders in the capital market, we find that having a certified public accountant in the internal accounting control system alleviates the stock price delay phenomenon.

• Proceedings of the KIEE Conference
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• 2005.05a
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• pp.125-127
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• 2005

In this paper, we propose a new scheme for the discretization of nonlinear systems using Taylor series expansion and the zero-order hold assumption. This scheme is applied to the sample-data representation of a nonlinear system with constant state tine-delay. The mathematical expressions of the discretization scheme are presented and the effect of the time-discretization method on key properties of nonlinear control system with state tine-delay, such as equilibrium properties and asymptotic ability, is examined. The proposed scheme provides a finite-dimensional representation for nonlinear systems with state time-delay enabling existing controller design techniques to be applied to then. The performance of the proposed discretization procedure is evaluated using a nonlinear system. For this nonlinear system, various sampling rates and time-delay values are considered.

• Journal of the Korean Mathematical Society
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• v.49 no.4
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• pp.715-731
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• 2012

This paper considers the stability of positive steady-state solutions bifurcating from the trivial solution in a delayed Lotka-Volterra two-species predator-prey diffusion system with a discrete delay and subject to the homogeneous Dirichlet boundary conditions on a general bounded open spatial domain with smooth boundary. The existence, uniqueness and asymptotic expressions of small positive steady-sate solutions bifurcating from the trivial solution are given by using the implicit function theorem. By regarding the time delay as the bifurcation parameter and analyzing in detail the eigenvalue problems of system at the positive steady-state solutions, the asymptotic stability of bifurcating steady-state solutions is studied. It is demonstrated that the bifurcating steady-state solutions are asymptotically stable when the delay is less than a certain critical value and is unstable when the delay is greater than this critical value and the system under consideration can undergo a Hopf bifurcation at the bifurcating steady-state solutions when the delay crosses through a sequence of critical values.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.8 no.3
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• pp.997-1010
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• 2014

Today, as the hierarchical cellular system is getting more attention than before, some recent studies introduce delay based admission control (AC) scheme which delays the admission to the macro-embedded small cell for a relatively short time to prevent unnecessary handover caused by the short-term visitors of the small cell area. In such delay based ACs, when we use improper delay parameter, the system frequently makes incorrect handover decisions such as where unnecessary handover is allowed due to too short delaying, or where necessary handover is denied due to too long delaying. In order to avoid these undesirable situations as much as possible, we develop a new delay parameter decision method based on probabilistic cell residence time approximations. By the extensive numerical and analytical evaluations, we determine the proper delay parameter which prevents the incorrect handover decision as much as possible. We expect our delay parameter decision method can be useful system administration tips in hierarchical cellular system where delay based AC is adopted.

• International journal of advanced smart convergence
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• v.5 no.1
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• pp.34-46
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• 2016

Networked Control System (NCS) has evolved in the past decade through the advances in communication technology. The problems involved in NCS are broadly classified into two categories namely network issues due to network and control performance due to system network. The network problems are related to bandwidth allocation, scheduling and network security, and the control problems deal with stability analysis and delay compensation. Various delays with variable length occur due to sharing a common network medium. Though most delays are very less and mostly neglected, the network induced delay is significant. It occurs when sensors, actuators, and controllers exchange data packet across the communication network. Networked induced delay arises from sensor to controller and controller to actuator. This paper presents an adaptive delay compensation process for efficient control. Though Smith predictor has been commonly used as dead time compensators, it is not adaptive to match with the stochastic behavior of network characteristics. Time delay adaptive compensation gives an effective control to solve dead time, and creates a virtual environment using the plant model and computed delay which is used to compensate the effect of delay. This approach is simulated using TrueTime simulator that is a Matlab Simulink based simulator facilitates co-simulation of controller task execution in real-time kernels, network transmissions and continuous plant dynamics for NCS. The simulation result is analyzed, and it is confirmed that this control provides good performance.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.26 no.6
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• pp.1035-1046
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• 2002

Time Delay Control(TDC) is a robust nonlinear control scheme using Time Delay Estimation(TDE) and also has a simple structure. To apply TDC to a real system, we must design Time Delay Controller to guarantee stability. The earlier research stated sufficient stability condition of TDC for general plants. In that research, it was assumed that time delay is infinitely small. But, it is impossible to implement infinitely small time delay in a real system. So, in this research we propose a new sufficient stability condition of TDC for general plants with finite time delay. And the simulation results indicate that the previous sufficient stability condition does not work even for small time delay, while our proposed condition works well.

• Proceedings of the IEEK Conference
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• 2000.11a
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• pp.113-116
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• 2000

The effect due to group delay and non linear characteristics in high speed data satellite channel was represented in this paper. Based on the modeling of group delay and non linear characteristics the performance was analyzed in ka band satellite channel. The group delay and non-linear characteristics in high speed data transmission severely affect the system performance. The more Eb/No is required to satisfy the required system performance. The optimum operating points of HDR satellite transmission system are implemented by considering analyzed results for channel characteristics

• 제어로봇시스템학회:학술대회논문집
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• 1995.10a
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• pp.103-105
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• 1995

In this paper, though Simith controller is also used, we propose a new system configuration which can be regarded an SISO continuous nth-order plant with time delay of k-times of a sampling period as a linear discrete (n + k)th order plant of which all state variables can be available. Consequently, we can pply linear control system design techniques which do not consider the existence of time delay to the proposed system.

• Journal of Electrical Engineering and Technology
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• v.13 no.6
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• pp.2456-2467
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• 2018

Wireless multimedia sensor networks (WMSNs) require real-time quality-of-service (QoS) guarantees to be provided by the network. The end-to-end delay is very critical metric for QoS guarantees in WMSNs. In WMSNs, due to the transmission errors incurred over wireless channels, it is difficult to obtain reliable delivery of data in conjunction with low end-to-end delay. In order to improve the end-to-end delay performance, the system has to drop few packets during network congestion. In this article, our proposal is based on optimization of end-to end delay for WMSNs. We optimize end-to-end delay constraint by assuming that each packet is allowed fixed number of retransmissions. To optimize the end-to-end delay, first, we compute the performance measures of the system, such as end-to-end delay and reliability for different network topologies (e.g., linear topology, tree topology) and against different choices of system parameters (e.g., data rate, number of nodes, number of retransmissions). Second, we study the impact of the end-to-end delay and packet delivery ratio on indoor and outdoor environments in WMSNs. All scenarios are simulated with multiple run-times by using network simulator-2 (NS-2) and results are evaluated and discussed.

• Journal of Institute of Control, Robotics and Systems
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• v.11 no.1
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• pp.1-8
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• 2005

A new discretization algorithm for nonlinear systems with delayed input is proposed. The algorithm is represented by Taylor series expansion and ZOH assumption. This method is applied to the sampled-data representation of a nonlinear system with the time-delay input. Additionally, the delay in input is time varying and its amplitude is bounded. The maximum time-delay in input is assumed to be two sampling periods. The mathematical expressions of the discretization method are presented and the ability of the algorithm is tested for some of the examples. The computer simulation proves the proposed algorithm discretizes the nonlinear system with the variable time-delay input accurately.