• The Journal of Industrial Distribution & Business
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• v.10 no.12
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• pp.35-42
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• 2019

Purpose : This study examines The impact of human resource investment in internal control on stock price crash risk. Effective internal control ensures that information provided is complete and accurate, financial statements are reliable. By overseeing management, internal control systems can reduce agency costs between management and outside parties. In Korea, firms have to disclose information about internal control systems. The working experience of human resources in internal control systems is also provided for interested parties. If a firm hires more experienced internal control personnel, it can better facilitate the disclosure of information. Prior studies reported that information asymmetry between managers and investors increases future stock price crash risk. Therefore, the longer working experience internal control personnel have, the lower probability stock crashes have. Research design, data and methodology : This study analyzed the association between the working experience of internal control personnel and crash risk using regression analysis on KOSPI listed companies for fiscal years 2016 through 2017. The sample consists of 1,034 firm-years of non-financial firms whose fiscal year end on December 31. Career spanning data of internal control personnel was collected from internal control reports. The professionalism(IC_EXP) was measured as the logarithm of the average working experience of internal control personnel in months. Negative conditional skewness(NSKEW) and down-to-up volatility (DUVOL) are used to measure firm-specific crash risk. Both measures are based on firm-specific weekly returns derived from the expanded market model. Results : We find that work experience in internal control environment is negatively related to stock price crashes. Specifically, skewness(NSKEW) and volatility (DUVOL) are reduced when firms have longer tenure of human resources in internal control division. The results imply that firms with experienced internal control personnel are less likely to experience stock price crashes. Conclusions : Stock price crashes occur when investors realize that stock prices have been inflated due to information asymmetry. There is a learning effect when internal control processes are done repetitively. Thus, firms with more experienced internal control personnel could manage their internal control more effectively. The results of this study suggest that firms could decrease information asymmetry by investing in human resources for their internal control system.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.27 no.6
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• pp.493-500
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• 2014

This paper presents findings from the assessment of the volcanic ash fragility for multi-hazard resisting vinyl greenhouse and livestock shed among the agricultural facilities. The volcanic ash fragility was evaluated by using a combination of the FOSM (first-order second-moment) method, available statistics of volcanic load, facility specifications, and building code. In this study, the evaluated volcanic ash fragilities represent the conditional probability of failure of the agricultural facilities over the full range of volcanic ash loads. For the evaluation, 6 types(ie., 2 single span, 2 tree crop, and 2 double span types) of multi-hazard resisting vinyl greenhouses and 3 types(ie., standard, coast, and mountain types) of livestock sheds are considered. All volcanic ash fragilities estimated in this study were fitted by using parameters of the GEV(generalized extreme value) distribution function, and the obtained parameters were complied into a database to be used in future. The volcanic ash fragilities obtained in this study are planning to be used to evaluate risk by volcanic ash when Mt. Baekdu erupts.

• Korean Journal of Remote Sensing
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• v.17 no.3
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• pp.199-210
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• 2001

The purpose of this study is to compare the landslide prediction models quantitatively using prediction rate curve. A case study from the Jangheung area was used to illustrate the methodologies. The landslide locations were detected from remote sensing data and field survey, and geospatial information related to landslide occurrences were built as a spatial database in GIS. As prediction models, joint conditional probability model and certainty factor model were applied. For cross-validation approach, landslide locations were partitioned into two groups randomly. One group was used to construct prediction models, and the other group was used to validate prediction results. From the cross-validation analysis, it is possible to compare two models to each other in this study area. It is expected that these approaches will be used effectively to compare other prediction models and to analyze the causal factors in prediction models.

• The Journal of the Convergence on Culture Technology
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• v.10 no.4
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• pp.595-600
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• 2024

As the use of artificial intelligence technologies such as machine learning increases in research fields that predict learning outcomes or optimize learning pathways, the use of artificial intelligence in education is gradually making progress. This research is gradually evolving into more advanced artificial intelligence methods such as deep learning and reinforcement learning. This study aims to improve the method of predicting future learning performance based on the learner's past learning performance-history data. Therefore, to improve prediction performance, we propose conditional probability applying the Markov Chain method. This method is used to improve the prediction performance of the classifier by allowing the learner to add learning history data to the classification prediction in addition to classification prediction by machine learning. In order to confirm the effectiveness of the proposed method, a total of more than 30 experiments were conducted per algorithm and indicator using empirical data, 'Teaching aid-based early childhood education learning performance data'. As a result of the experiment, higher performance indicators were confirmed in cases using the proposed method than in cases where only the classification algorithm was used in all cases.

• The Journal of Korean Institute of Electromagnetic Engineering and Science
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• v.21 no.6
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• pp.635-641
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• 2010

Time-varying channel characteristics in OFDM systems over doubly selective channels cause inter-carrier interferences(ICI) in the frequency domain. Time domain windowing gives rise to restriction on the bandwidth of the frequency domain channel matrix and makes it possible to approximate the OFDM system as a simplified linear input-output model. When successive interference cancellation based on linear MMSE estimation is employed for channel equalization in OFDM systems, symbol detection ordering produces considerable effects on overall system performances. In this paper, we show the reduction of the residual ICI by time domain windowing and the resultant performance improvements, and investigate the effects of SINR- and CSEP-based symbol detection ordering on the performance of successive interference cancellation.

• The Journal of the Korea Contents Association
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• v.8 no.5
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• pp.276-286
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• 2008

In this paper, we introduce an adaptive e-Learning system for engineering mathematics which is based on computer algebra system (Mathematica) and on-line authoring environment. The system provides an assessment tool for individual diagnosis using Bayesian inference network. Using this system, an instructor can easily develop mathematical web contents via web interface. Examples of such content development are illustrated in the area of linear algebra, differential equation and discrete mathematics. The diagnostic module traces a student's knowledge level based on statistical inference using the conditional probability and Bayesian updating algorithm via Netica. As part of formative evaluation, we brought this system into real university settings and analyzed students' feedback using survey.

• Wind and Structures
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• v.31 no.3
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• pp.269-285
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• 2020

The statistical characteristics of typhoon wind speed records tend to have a considerable time-varying trend; thus, the stationary wind model may not be appropriate to estimate the wind characteristics of typhoon events. Several nonstationary wind speed models have been proposed by pioneers to characterize wind characteristics more accurately, but comparative studies on the applicability of the different wind models are still lacking. In this study, three landfall typhoons, Ampil, Jongdari, and Rumbia, recorded by ultrasonic anemometers atop the Shanghai World Financial Center (SWFC), are used for the comparative analysis of stationary and nonstationary wind characteristics. The time-varying mean is extracted with the discrete wavelet transform (DWT) method, and the time-varying standard deviation is calculated by the autoregressive moving average generalized autoregressive conditional heteroscedasticity (ARMA-GARCH) model. After extracting the time-varying trend, the longitudinal wind characteristics, e.g., the probability distribution, power spectral density (PSD), turbulence integral scale, turbulence intensity, gust factor, and peak factor, are comparatively analyzed based on the stationary wind speed model, time-varying mean wind speed model and time-varying standard deviation wind speed model. The comparative analysis of the different wind models emphasizes the significance of the nonstationary considerations in typhoon events. The time-varying standard deviation model can better identify the similarities among the different typhoons and appropriately describe the nonstationary wind characteristics of the typhoons.

• Journal of Korea Water Resources Association
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• v.49 no.10
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• pp.877-885
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• 2016

In this study, the Standard Precipitation Index(SPI), meteorological drought index, was used to evaluate the temporal and spatial assessment of drought forecasting results for all cross Korea. For the drought forecasting, the Multi Layer Perceptron-Artificial Neural Network (MLP-ANN) was selected and the drought forecasting was performed according to different forecasting lead time for SPI (3) and SPI (6). The precipitation data observed in 59 gaging stations of Korea Meteorological Adminstration (KMA) from 1976~2015. For the performance evaluation of the drought forecasting, the binary classification confusion matrix, such as evaluating the status of drought occurrence based on threshold, was constituted. Then Receiver Operating Characteristics (ROC) score and F score according to conditional probability are computed. As a result of ROC analysis on forecasting performance, drought forecasting performance, of applying the MLP-ANN model, shows satisfactory forecasting results. Consequently, two-month and five-month leading forecasts were possible for SPI (3) and SPI (6), respectively.

• Journal of the Korean Society of Hazard Mitigation
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• v.11 no.2
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• pp.137-146
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• 2011

In this study, annual maximum storm events are evaluated by applying the bivariate extremal distribution. Rainfall quantiles of probabilistic storm event are calculated using OR case joint return period, AND case joint return period and interval conditional joint return period. The difference between each of three joint return periods was explained by the quadrant which shows probability calculation concept in the bivariate frequency analysis. Rainfall quantiles under AND case joint return periods are similar to rainfall depths in the univariate frequency analysis. The probabilistic storm events overcome the primary limitation of conventional univariate frequency analysis. The application of these storm event analysis provides a simple, statistically efficient means of characterizing frequency of extreme storm event.

• Journal of IKEEE
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• v.23 no.1
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• pp.127-133
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• 2019

Electric power demand forecasting is one of the important research areas for future smart grid introduction. However, It is difficult to predict because it is affected by many external factors. Traditional methods of forecasting power demand have been limited in making accurate prediction because they use raw power data. In this paper, a probability-based CRBM is proposed to solve the problem of electric power demand prediction using raw power data. The stochastic model is suitable to capture the probabilistic characteristics of electric power data. In order to compare the mid-term power demand forecasting performance of the proposed model, we compared the performance with Recurrent Neural Network(RNN). Performance comparison using electric power data provided by the University of Massachusetts showed that the proposed algorithm results in better performance in mid-term energy demand forecasting.