• Title/Summary/Keyword: Track Records

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The Importance of a Borrower's Track Record on Repayment Performance: Evidence in P2P Lending Market

  • KIM, Dongwoo
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.85-93
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    • 2020
  • In peer-to-peer (P2P) loan markets, as most lenders are unskilled and inexperienced ordinary individuals, it is important to know the characteristics of borrowers that significantly impact their repayment performance. This study investigates the effects and importance of borrowers' past repayment performance track record within the platform to identify its predictive power. To this end, I analyze the detailed loan repayment data from two leading P2P lending platforms in Korea using a Cox proportional hazard, multiple linear regression, and logit models. Furthermore, the predictive power of the factors proxied by borrowers' track records are evaluated through the receiver operating characteristic (ROC) curves. As a result, it is found that the borrowers' past track record within the platform have the most important impact on the repayment performance of their current loans. In addition, this study also reveals that the borrowers' track record is much more predictive of their repayment performance than any other factor. The findings of this study emphasize that individual lenders must take into account the quality of borrowers' past transaction history when making a funding decision, and that platform operators should actively share the borrowers' past records within the markets with lenders.

Grounded Theory Approach on the Recovery Process of Myocardial Infarction Patients (심근경색 환자의 회복과정에 대한 근거이론 접근)

  • Shin, Su-Jin
    • Korean Journal of Adult Nursing
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    • v.20 no.2
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    • pp.219-230
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    • 2008
  • Purpose: The purpose of this study was to discover the recovery process of those having had myocardial infarction. Methods: 15 participants with myocardial infarction were recruited by theoretical sampling methods. The data were retrieved through in depth interview, participant observation, and medical records of the patients. Collected data were analyzed through grounded theory approach of Strauss and Corbin(1998). Results: 63 concepts, 27 subcategories, and 11 categories were deduced from the open coding process. The recovery process of myocardial infarction showed to be a process of 'Controling healthy track', and chronological recovery process was a four-step process of recognizing disruption of healthy track, making efforts for controlling the disrupted healthy track, reconstructing the new healthy track, and adapting to the new healthy track phase. 'Controling healthy track' had three types of self-initiation, contention of reality, and fateful acceptance. Conclusion: The results provided basic information for nursing intervention strategies depending on 'Controling healthy track' process by each phase and different types.

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An Integrated Study on Determinants of Performance in Korean Film Industry (한국영화의 흥행성과 결정요인에 관한 통합적 연구)

  • Limb, Seong-Joon;Kim, Joo-Soo
    • Knowledge Management Research
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    • v.12 no.3
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    • pp.1-25
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    • 2011
  • This research empirically examined the determinants of competitive advantages and performance of Korean film industry from 1996 to 2003 over a sample of 396 movies. Especially, the effects of knowledge-based resources, social capital, product differentiation strategy, and market entry strategy on a film performance were hypothesized and empirically tested. Findings of this study are as follows; First, confirming the importance of knowledge-based resources in film industry, both the superior business track records of producers and the superior artistic track records of directors and actors had positive effects on film performance. Second, supporting social capital hypotheses, while the strong ties between directors and producers had positive effects, the strong ties between directors and actors had negative effects on film performance. Third, confirming the importance of product differentiation strategy, genre differentiation against competing films had positive effects on film performance. Finally, confirming the importance of market entry timing, the number of competing films released following a film opening within a week had negative effects on film performance. The findings of this research suggest that producers, directors, and actors are not only the critical knowledge-based resources to create competitive advantages indeed, but the pattern of relationships among them also systematically influences the film performance. Moreover, it is suggested that film performance may be improved by the proper genre differentiation and opening day selection.

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BIM for Construction Quality Record

  • Son, Sang-Hyuk;Lee, Dong-Eun
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.252-254
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    • 2015
  • Building Information Modeling (BIM) encourages effective information share and utilization among project participants during entire life cycle of facility. This paper presents a method that keeps track of the historical quality records involved in construction operations and facilitates using BIM. The method is coded into BIM based Quality Record Traceability (BIM-QRT) System that makes use of historical records obtained from database administrating construction operations. This study is of value to practitioners because the method makes clear the project participants' responsibility relative to the quality of each and every element of the facility. The main objective of this research is to develop an accurate, fully automated method for construction Quality Record Tracking by using a BIM along with construction operations data obtained by information technology. Test cases verify the usability and validity of the methods implemented in the system.

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2013 Records Regime Issues and Prospects for Public Records Management in Korea (한국 공공기록관리의 쟁점과 전망 2013년 기록관리체제를 위하여)

  • Ahn, Byung-Woo;Lee, Sang-min;Sim, Seong-Bo;Nam, Kyeong-Ho;Kim, Jin-Sung;O, Dong-Seok;Jeong, Tae-Young
    • The Korean Journal of Archival Studies
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    • no.34
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    • pp.3-28
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    • 2012
  • The year of 2013 is the first year that the new president takes the power and administrates the national affairs. In Korea, when the new president comes, the new administration brings big changes in the politics, economy, and society. The government management style has been changed according to the orientation and styles of the new president. Public records management is a critical and effective business tool to establish and carry out the government policies as well as an essential tool for democracy. Modern democracy is based on good governance. Creation and free use of full and accurate public records makes the good communication between the government and the public possible, and people's participation in the policy-making and surveillance of government activities for public good can work. During the present administration, communication between the president and the people was cutoff and people's participation in the national affairs have been further limited. Furthermore, in the present administration, the public records management was not regarded important, Whatever new administration comes, the year of 2013 is the time for the new administration to realize again the importance of the public records management and put it back to the normal track. Here are the major issues in the public records management to be concerned and resolved; (1) to ensure technological and institutional management of the electronic records in the government and safe transfer of the massive electronic records, (2) to establish an independent national records management and archives authority to be based on good governance, (3) to innovate the public records management in the public agencies including their agency records offices (RMO) and records management systems (RMS) (4) to establish local government archives and document local government policies and activities (5) supporting and promotion for documentation of the total society as a public service (6) expanding employment of professional records managers and archivists in the central and local governments, and standardization of professional competency and certification. In this paper, I will introduce the major issues in the public records management and suggest the policies and solutions that the Korean records professionals considered and discussed. This analysis and suggestions are the outcome of our professional considerations and discussions.

A Study on the Applications of Blockchain Transactions and Smart Contracts in Recordkeeping (블록체인 트랜잭션과 스마트 컨트랙트를 활용한 기록관리 적용 방안 연구)

  • Wang, Hosung;Moon, Shinhye;Han, Nungwoo
    • Journal of Korean Society of Archives and Records Management
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    • v.20 no.4
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    • pp.81-105
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    • 2020
  • This study examines the possibility of applying various recordkeeping methods through a platform built in 2019 by the National Archives of Korea. In particular, it aims to develop a way to track and store transactions using blockchain and to design and present the method of records management automation using smart contracts. In this regard, a literature review, a system analysis of CAMS and MAM, interviews with the experts, designing, implementation, and the development of the system's proof of concept were performed. These efforts resulted in the proposal of an archives and records management strategy utilizing blockchain, which guarantees transparency and accountability by preserving an audit trail on recordkeeping activities.

"COVID-19 : Our Memory" : A Digital Archive for Social Changes caused by SARS-CoV-2 ("코로나-19 : 우리의 기억" : 코로나바이러스 감염증과 사회변화에 대한 디지털 아카이브)

  • Kim, Haklae
    • Journal of Korean Society of Archives and Records Management
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    • v.20 no.4
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    • pp.229-236
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    • 2020
  • In light of SARS-CoV-2's significant impact, human society has experienced rapid changes in lifestyle that it has not yet experienced before. One way this virus has influenced people's lives is the emergence of the zero-contact society, an initiative for preventing the spread of infectious diseases. As can be seen, the social impact of COVID-19 is widespread. Various issues, such as those about government policy, personal information protection, and health care, are affecting society as a whole. At the same time, factual information is difficult to track and record because of the rapid and transient nature of related events and issues. As such, a method of effectively describing COVID-19 and real-time information is necessary. The "COVID-19: Our Memory" project is an attempt to record the sociocultural impact of the coronavirus infection. This project collects major events and issues classified into several subjects, records those events from a neutral point of view, and develops a digital archive so that all records are accessible. All the data collected and built through the project, the application, including the source code and visualization, are all published to bring about new opportunities for collaboration.

'Demolition and Reconstruction' : The Direction of Organizational Reform in the Field of History and Archives for the Next Government ('해체와 재구성' 차기 정부의 역사·기록 분야 조직 개혁 방향)

  • Kwak, KunHong
    • The Korean Journal of Archival Studies
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    • no.52
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    • pp.39-58
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    • 2017
  • It is the responsibility of the government organization in the field of history and archives to control preproduction of records and their production sphere. Moreover, it should also manage all kinds of archives and presidential records as its function is to manage and share public information, and carry out compilations of historical records. With this, this study explains how having all these functions would make the ideal reorganization of the government. It should correspond to principle of Government's reorganization such as transparency, responsibility, communication. A plan for reformation needs two-track approach. I would like to propose the establishment of the 'Ministry of National Archives' or the 'National Memory Committee' at the organization that is in charge of national records and memory management. It means that the National memory isn't limited to public sphere. In terms of Total archives, the organizations should contain the whole community's memory. This organization should be formed independently.

Two Dimensional Intersymbol Interference Compensation for Bit Patterned Media (비트 패턴드 미디어를 위한 2차원 인접 심볼 간 간섭 보상)

  • Jeong, Seongkwon;Lee, Jaejin
    • Journal of the Institute of Electronics and Information Engineers
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    • v.52 no.6
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    • pp.15-20
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    • 2015
  • Bit patterned media (BPM) is a high capacity storage system and has attracted a great deal of attention as next generation data storage. When BPM is made with high density, the space between the islands narrows, because BPM records one bit in an island. For this reason, BPM has inter-symbol interference in all directions, unlike in current storage systems where it is in only one direction. In this paper, we propose an equation for compensating two-dimensional ISI. We conduct experiments on track misregistration. When using the proposed inter-symbol interference preprocessing, the BER performance is improved, regardless of the amount of track misregistration.

Basic research on small ship test bed design for equipment demonstration (기자재 실증을 위한 소형선박 테스트베드 설계에 대한 기초연구)

  • Tae-Ho Kim;Tae-Hyoung Kim;Jeong-Hwan Kim;Yun-Sung Jin;Sung-Dong Kim;Jeong-Min Cheon;Seung-Hun Jeong
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2022.06a
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    • pp.373-374
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    • 2022
  • The sea-communication fishing equipment installed on small vessels such as offshore fishing vessels is highly dependent on foreign products due to its high dependence on foreign products. From the perspective of domestication, the development of localization at the overseas level is underway, and we intend to demonstrate it by creating a dedicated testbed in order to secure track records. In this paper, we wanted to derive the testbed shape and design method through basic research for the design of the testbed.

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