• Title/Summary/Keyword: address period

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The Impact of Foreign Ownership on Stock Price Volatility: Evidence from Thailand

  • THANATAWEE, Yordying
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.7-14
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    • 2021
  • This paper examines the impact of foreign ownership on stock price volatility in an emerging market, namely, Thailand. The data were obtained from SETSMART, the database of the Stock Exchange of Thailand (SET). After removing financial firms, banks, and insurance companies as well as filtering outliers, the final sample covers 1,755 firm-year observations from 371 nonfinancial firms listed on the SET over the five-year period from 2014 to 2018. The regression model consists of stock price volatility, measured by two methods, as the dependent variable, foreign ownership as the main independent variable, and firm characteristics including firm size, leverage, market-to book ratio, and stock turnover as the control variables. The pooled OLS, fixed effects, and random effects estimations are employed to examine the relationship between foreign ownership and stock price volatility. The results reveal that foreign ownership has a negative and significant impact on stock price volatility. The two-stage least squares (2SLS) are also performed to address potential endogeneity problem. The results still indicate a negative relationship between foreign ownership and stock price volatility. Taken together, the findings of this study suggest that foreign investors help reduce stock price volatility and thus stabilize share price in the Thai stock market.

Recipient Management before Lung Transplantation

  • Kim, Hyoung Soo;Park, Sunghoon
    • Journal of Chest Surgery
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    • v.55 no.4
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    • pp.265-273
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    • 2022
  • Lung transplantation is considered a viable treatment option for patients with end-stage lung disease. Recent decades have seen a gradual increase in the number of lung transplantation patients worldwide, and in South Korea, the case number has increased at least 3-fold during the last decade. Furthermore, the waiting list time is becoming longer, and more elderly patients (>65 years) are undergoing lung transplantation; that is, the patients placed on the waiting list are older and sicker than in the past. Hence, proper management during the pre-transplantation period, as well as careful selection of candidates, is a key factor for transplant success and patient survival. Although referring and transplant centers should address many issues, the main areas of focus should be the timing of referral, nutrition, pulmonary rehabilitation, critical care (including mechanical ventilation and extracorporeal membrane oxygenation), psychological support, and the management of preexisting comorbid conditions (coronary artery disease, diabetes mellitus, gastroesophageal reflux disease, osteoporosis, malignancy, viral infections, and chronic infections). In this context, the present article reviews and summarizes the pre-transplantation management strategies for adult patients listed for lung transplantation.

The Actual Conditions of Visiting Rehabilitation in Japan Identified through Japanese Government Reports

  • Lee, Minyoung
    • The Journal of Korean Physical Therapy
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    • v.34 no.5
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    • pp.224-233
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    • 2022
  • Purpose: In Japan, the Long-Term Care Insurance Act has stipulated visiting rehabilitation since 2000. This study aimed to identify the actual conditions of visiting rehabilitation in Japan through a literature review of reports published by the Japanese government. Methods: This literature review was conducted on eight articles among various government reports on the topic of the actual conditions of visiting rehabilitation. These reports were published by the Ministry of Health, Labor and Welfare of Japan based on their own investigations or reports from an external agency entrusted with the task, and were issued between 2000 and 2021. Results: The characteristics of the visiting rehabilitation offices, their number, manpower allocation, the number of users, and their visits to each office were identified. Also, the characteristics of the users, number of users, age and required degree of long-term care, causative disease, and required medical care were identified. To evaluate the actual status of the visiting rehabilitation service, the service use time, frequency, period of use, intervention by doctors and the degree of such intervention, therapist's service content, visitors' address before the use of the service, reason, and timing of the service introduction, evaluation of the service effectiveness, combination of services and transfer destination after termination, and status after service termination were checked. Conclusion: Based on the Japanese experience where visiting rehabilitation was introduced and applied to long-term care insurance, it would be meaningful to review the factors that required benchmarking among the Japanese service models while designing a similar model in Korea.

Corporate Social Responsibility and Earnings Management: Evidence from Saudi Arabia after Mandatory IFRS Adoption

  • GARFATTA, Riadh
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.9
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    • pp.189-199
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    • 2021
  • This study attempts to examine the relationship between corporate social responsibility (CSR) disclosure and earnings management practices in the context of Saudi Arabia after mandatory IFRS adoption. It is carried out on an unbalanced panel of 277 observations over the period 2017-2019. For this purpose, CSR disclosure is measured by Bloomberg ESG scores, while the residuals from the modified Jones model are considered for earnings management. As control variables, we have retained the firm performance, market-to-book ratio, firm size, financial leverage, board independence, ownership concentration, managerial ownership, and lagged discretionary accruals. Using the system GMM estimator in the dynamic panel, the results show a positive association between CSR disclosure and earnings management practices, thus supporting the perspective of agency theory. Managers engage in socially responsible activities beforehand to conceal their wrongdoing and convince stakeholders that the organization is transparent. They probably use ethical codes as a tool to achieve their own goals rather than the firm's goals. Our contribution is the use of recent data (2017-2019) taking into account the mandatory adoption of IFRS in Saudi Arabia. Additionally, to our knowledge, this study is the first to address CSR disclosure and earnings management practices using GMM system estimates.

Minor Orthodontic Treatment Using NiTi Wire Exerting Light Force: Case Reports (약한 힘을 내는 NiTi 와이어를 이용한 부분교정: 증례보고)

  • Hwayeon, An;Seonmi, Kim;Namki, Choi
    • Journal of the korean academy of Pediatric Dentistry
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    • v.49 no.4
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    • pp.505-513
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    • 2022
  • Minor orthodontic treatment using a thin wire with high elasticity can shorten the treatment period and reduce the load on the anchorage by the application of light force. Since it can be applied immediately without a dental laboratory procedure and does not require the patient's cooperation, it can be clinically useful. The cases reported here have led to positive results in short periods of treatment, using only a segmented straight 0.012 inch NiTi wire and flowable resin to address various locations within the oral cavity, such as the anterior teeth, premolars, and molars.

Industrial Complex Innovation Plans and Tasks in the Era of Great Transformation (대전환의 시대 산업단지 혁신방안과 과제)

  • Seung-Hee, Lee
    • Journal of Digital Policy
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    • v.1 no.2
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    • pp.41-45
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    • 2022
  • In this study, we look at the current address of industrial complexes and the government's support policies for industrial complexes so far, examine the problems and improvements of industrial complexes in the era of great transformation, and then suggest how to innovate industrial complexes, and suggest the plans and tasks. want to report. To summarize the conclusion, in order to enhance the competitiveness and innovation of industrial complexes, which are the main axis of the national economy, a governance system in which the government, regional innovation organizations, and businesses cooperate must be established to transform industrial complexes suitable for the transition period and foster excellent industrial complexes. It is urgent to actively support the policy and budget input of each government department.

Bibliographic and network analysis of environmental impacts to animal contagious diseases

  • Jee-Sun, Oh;Sang-Joon, Lee;Sang Jin, Lim;Yung Chul, Park;Ho-Seong, Cho;Yeonsu, Oh
    • Korean Journal of Veterinary Service
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    • v.45 no.4
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    • pp.253-262
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    • 2022
  • The applications of artificial intelligence (AI) can provide useful solutions to animal infectious diseases and their impact on humans. The advent of AI learning algorithms and recognition technologies is especially advantageous in applied studies, including the detection, analysis, impact assessment, simulation, and prediction of environmental impacts on malignant animal epidemics. To this end, this study specifically focused on environmental pollution and animal diseases. While the number of related studies is rapidly increasing, the research trends, evolution, and collaboration in this field are not yet well-established. We analyzed the bibliographic data of 1191 articles on AI applications to environmental pollution and animal diseases during the period of 2000~2019; these articles were collected from the Web of Science (WoS). The results revealed that PR China and the United States are the leaders in research production, impact, and collaboration. Finally, we provided research directions and practical implications for the incorporation of AI applications to address environmental impacts on animal diseases.

Development of monitoring and control facilities with data logging and automatic recovery capabilities (데이터 로깅 및 자동 복구 기능을 갖춘 감시제어설비 모듈 개발)

  • Bae, Jae-hwan;Park, Sang-chul;Baek, Dong-geun
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2022.05a
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    • pp.310-313
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    • 2022
  • In the pipeline for supplying purified water to each household, measurements such as flow meters and pressure meters are installed at important points to monitor in real time. The measured data acquired to the central control room through wireless or wired communication, but data may not be acquired due to intermittent communication failures. Since then, even if the communication network is restored, data during the failure period is not stored on the site, or even if it is stored, data cannot be automatically stored in the database. Low cost with universally installed in the field in order to address these data logging by developing a module is compatible with PLC, automatically would like to make sure that we can recover in the database.

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Occupational and Environmental Safety Issues in South Korea and Their Implications for Health Experts (국내 주요 직업병 및 생활제품 위해 사건과 전문가의 역할)

  • Ahn, Jong-Ju
    • Journal of Environmental Health Sciences
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    • v.48 no.1
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    • pp.19-27
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    • 2022
  • The industrial development and socioeconomic structures of a society are inextricably linked to occupational accidents and diseases. Since the 1970s, a series of major occupational diseases have occurred in South Korea, such as mercury poisoning in Munsong-myeon, carbon disulfide poisoning at Wonjin Rayon, and leukemia at Samsung Electronics. These incidents have caused us to take a critical look at the level of worker safety and health management within companies and the government. These serve as symbolic and representational events. Doctors, lawyers, and labor activists concerned about employee safety and lives came together for years to struggle with the government and industry in order to determine what caused the diseases and to obtain compensation for victims. They finally achieved recognition for occupational diseases and recompense for losses. It is difficult to find similar cases to the baby powder asbestos talc cases and the radon bed case internationally, or there is no case where such a large number of consumers have been potentially harmed. It is also difficult to prove that the damage took place due to the victims' diverse geographic locations and ages, as well as the disease's long incubation period. Based on this premise, businesses and the government have been apathetic in acknowledging these diseases and compensating for damages, with few practical outcomes. Furthermore, unlike the large-scale occupational disease cases, only a few people including expert groups were organized and actively participated in the settlement of these issues, so it remains unfinished business for our society to address.

A Study on the Installation Method of PRB by Controlling Groundwater Flow in Hybrid Funnel and Gate (하이브리드 Funnel and Gate 지하수 흐름제어를 통한 반응벽체 설치 연구)

  • Tae Yeong Kim;Jeong Yong Cheon;Myeong Jae Yi;Yong Hoon Cha;Seon Ho Shin;Meong Do Jang;Jeongwoo Kim
    • Journal of Soil and Groundwater Environment
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    • v.28 no.3
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    • pp.1-11
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    • 2023
  • Permeable reactive barrier (PRB) is a prominent in-situ remedial option for cleanup of contaminated groundwater and has been gaining increasing popularity in recent years. Funnel-and-gate systems, comprised of two side wings of impermeable walls and a central gate wall, are frequently implemented in many sites, but often suffers from bypassing of groundwater due to the progressive clogging of the gate wall over extended period of time. This study investigated technical feasibility of a hybrid funnel-and-gate system designed to address the flow deterioration in the gate wall. The key attribute of the proposed hybrid system is the operation of drainage units at the barrier walls and rear end of the gate wall. A conceptual modeling with MODFLOW indicated the groundwater inside the barrier was maintained at appropriate level to be guided toward the gate wall, yielding constant discharging of groundwater from the gate.