• Title/Summary/Keyword: asymmetric

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How Does Corporate Social Responsibility Affect Asymmetric Information: Evidence from Korean Retail Industry

  • Kim, Sang-Su;Lee, Jeong-Hwan
    • Journal of Distribution Science
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    • v.17 no.2
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    • pp.5-11
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    • 2019
  • Purpose - This paper examines how corporate social responsibility of the Korean retail industry affects the degree of asymmetric information. Recent theories predict that a firm's active engagement in socially responsible activities lowers the degree of asymmetric information of the firm. Research design, data, and methodology - This paper uses the sum of environmental and social scores (ES), published by the Korean Corporate Governance Service in order to proxy the degree of socially responsible management practices of Korean retail firms. This paper uses the ordinary least square method to investigate the above predictions. The publicly traded Korea retail firms listed in the Korean Exchange are analyzed from 2011 to 2016. To measure the degree of asymmetric information, this paper adopts the analyst dispersion and price impact measures. Results - This paper shows that the ES score has significantly positive relationships with these two measures of information asymmetry. The environmental score seems to increase the analyst dispersion measure and the social score appears to raise the price impact measure mores significantly. Conclusions - The results do not support the prior theory expecting a negative relationship between corporate social responsibility and the degree of asymmetric information. Environmental and social scores are found to affect the measures of information asymmetry differently.

Analysis of Asymmetric Long-run Equilibrium between Bunker Price and BDI(Baltic Dry-bulk Index) (벙커가격과 건화물선 지수(Baltic Dry-bulk Index) 간의 비대칭 장기균형 분석)

  • Kim, Hyunsok;Chang, Myunghee
    • Journal of Korea Port Economic Association
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    • v.29 no.2
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    • pp.63-79
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    • 2013
  • The fundamental endeavor of this study is to investigate the asymmetric relationship between bunker price and Baltic Dry-bulk Index (hereafter BDI). Previous investigations employ linear form based analysis between oil price and BDI but we develop nonlinear and asymmetric cointegration method, which is properly able to capture the decreasing and increasing periods differently. The empirical results show there is no relationships in linear model (e.g. Engle and Granger's methods). On the contrary, our estimate reveals there is significant long-run relationship with asymmetric framework, which implies the necessity of nonlinear and asymmetric consideration to the bunker price analysis.

Effect of Porous Substrate on the Strength of Asymmetric Structure

  • Kim, Chul;Park, Sang Hyun;Kim, Taewoo;Lee, Kee Sung
    • Journal of the Korean Ceramic Society
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    • v.52 no.6
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    • pp.417-422
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    • 2015
  • In this study, we investigate the effect of porous $Al_2O_3$ substrate on the strengths of asymmetric structures after we prepare such a structure consisting of a dense $Li_2ZrO_3$ top layer and porous $Al_2O_3$ substrate layer. The porosity and elastic modulus of the substrate layer are controlled by sintering temperature, which has three values of 1150, 1250 and $1350^{\circ}C$. The porosity is controlled in the range of ~ 30-50 vol%, elastic modulus is ~80-120 GPa and elastic mismatch $E_s/E_c$ is ~ 0.6-1.0. Indentation stress-strain curves are obtained and analyzed to evaluate the yield stress of the asymmetric structure by concentrated local loading of WC balls. Conventional flexural strengths are also obtained to evaluate the strength of the asymmetric structure. The results indicate that the local yield strength of the asymmetric structure has mid-values between the top and the substrate layer; however, the flexural strength of the asymmetric structure are mainly influenced by elastic modulus and strength of the substrate.

A Performance Study of Asymmetric Multi-core Digital Signal Processor Architectures (비대칭적 멀티코어 디지털 신호처리 프로세서의 성능 연구)

  • Lee, Jongbok
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.15 no.5
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    • pp.219-224
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    • 2015
  • Recently, the multi-core processor architecture is widely used in the digital signal processors for enhancing its performance. Multi-core processors are classified either as symmetric or asymmetric. Asymmetric multi-core processors are known to have higher performance and more efficient than symmetric multi-core processors. In order to study the performance enhancement of asymmetric multi-core digital signal processors over the symmetric ones, the trace-driven simulation has been executed for various asymmetric quad-core, octa-core and hexadeca-core digital signal processors and compared with the symmetric ones of similar hardware budget using UTDSP benchmarks as input.

Effect of Cervical Manipulation on Blood Velocity and Flow in Subjects with Asymmetric Vertebral Artery (경추 도수교정이 추골동맥 비대칭군의 혈류속도와 혈류량에 미치는 영향)

  • Kim, Han-Il;Kim, Ho-Bong
    • The Journal of Korean Academy of Orthopedic Manual Physical Therapy
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    • v.19 no.2
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    • pp.31-37
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    • 2013
  • Background: The purpose of this study was to identify the effects of cervical manipulation for improve blood velocity and flow in the subjects with asymmetric vertebral artery. Methods: Twenty-four subjects on asymmetric vertebral artery with right side have less blood flow than left side participated in this study for apply to non-specific cervical manipulation on lower portion. Measurement method were using duplex ultrasound with colour doppler imaging for blood velocity and flow on left and right vertebral artery. Results: Compared changes of blood velocity and flow on unilateral after the cervical manipulation, the left blood velocity decreased significantly (p<.01) and the right blood velocity increased significantly (p<.01). The left blood flow no significant changes and the right blood flow increased significantly (p<.01). Compared changes of blood velocity and flow on bilateral, the left and right blood velocity and flow made significantly difference on pre-manipulation (p<.01). However, both side no significantly difference on post-manipulation. Conclusions: These findings suggest that the non-specific cervical manipulation took effect for improve blood velocity and flow in the subjects with asymmetric vertebral artery. Therefore, therapeutic approaches for improve to asymmetric vertebral artery should be consider non-specific cervical manipulation.

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Performance Study of Asymmetric Multicore Processor Architectures (비대칭적 멀티코어 프로세서의 성능 연구)

  • Lee, Jongbok
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.14 no.3
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    • pp.163-169
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    • 2014
  • Recently, the importance of multicore processor system is growing rapidly. Multicore processors are classified either as symmetric or asymmetric. Asymmetric multicore processors consist of a high performance complex core and number of low performance simple cores, and are known to be more efficient than symmetric multicore processors. Therefore, performance impact on various configurations of asymmetric multi-core processor needs to be studied. Using SPEC 2000 benchmarks as input, the trace-driven simulation has been performed for different asymmetric quad-core and octa-core processors and compared to the corresponding symmetric ones.

A Performance Study of Asymmetric Embedded Multi-Core Processors (비대칭적 임베디드 멀티코어 프로세서의 성능 연구)

  • Lee, Jongbok
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.16 no.1
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    • pp.233-238
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    • 2016
  • Recently, the multi-core processor architecture is widely adopted in the embedded processors for enhancing its performance. Multi-core processors are classified either as symmetric or asymmetric. Asymmetric multicore processors are known to score higher performance and more efficient than symmetric multi-core processors. In order to study the performance enhancement of asymmetric multi-core embedded processors over the symmetric ones, the trace-driven simulation has been executed for various asymmetric embedded dual-core, quad-core, octa-core and hexadeca-core processors and compared with the symmetric ones of similar hardware budget using MiBench benchmarks as input.

Method to Obtain Asymmetric Authenticated Key Exchange Protocols from Symmetric Ones (대칭형 인증 및 키 교환 프로토콜을 이용한 비대칭형 프로토콜의 설계 기법)

  • 양대헌
    • Journal of KIISE:Information Networking
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    • v.31 no.2
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    • pp.179-187
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    • 2004
  • Password authenticated key exchange protocols for the symmetric model are easier to design, analyze and are more efficient than ones for the asymmetric model, but they are most likely to be broken by server's compromise. Though the protocols with provable security for the asymmetric model such as PAK-X and SNAPI-X are introduced, they need large amount of computation compared with the standard Diffie-Hellman key exchange. We present a systematic and efficient way to transform password authenticated key exchange protocols for the symmetric model into protocols for the asymmetric model. Thus, an efficient protocol for the asymmetric model can be constructed by a systematic protocol with low computation.

Control of the Asymmetric Flow in a Supersonic Nozzle (초음속 노즐에서 발생하는 비대칭 유동의 제어에 관한 연구)

  • Matsuo, Shigeru;Setoguchi, Toshiaki;Hashimoto, Tokitada;Tokuda, Seiya;Nagao, Junji;Kim, Heuy-Dong
    • Journal of the Korean Society of Visualization
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    • v.9 no.2
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    • pp.61-65
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    • 2011
  • Several previous works on rocket nozzle flows have revealed the existence of the transition from FSS to RSS and the occurrence of asymmetric flow associated with the boundary layer separation, which can cause excessive side-loads of the propulsion system. Thus, it is of practical importance to investigate the asymmetric flow behaviors of the propulsion nozzle and to develop its control method. In the present study, the asymmetric flow control method using a cavity system was applied to supersonic nozzle flow. Time-dependent asymmetric flow was experimentally investigated with the rate of change of the nozzle pressure ratio. The results obtained showed that the cavity system installed on nozzle wall would be helpful in fixing the unsteady motions of the boundary layer separation, consequently reducing the possibility of the occurrence of the asymmetric flow.

The Numerical Analysis of Asymmetric Vortices around the Slender body at High Angle of Attack Supersonic Flow (고받음각 초음속 유동에서의 세장형 몸체 주변에 발생하는 비대칭와류에 대한 수치적 연구)

  • Jeon, Young-Jin;Ji, Young-Moo;Kim, Ki-Su;Seo, Hyung-Seok;Byun, Yung-Hwan;Lee, Jae-Woo
    • Proceedings of the Korean Society of Propulsion Engineers Conference
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    • 2007.04a
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    • pp.335-338
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    • 2007
  • In the case of an antiaircraft missile, high angle of attack flight capability is required to get the agile maneuverability in a supersonic flow. Even through a symmetric slender body does not have side slip, asymmetric vortex is generated at high angle of attack conditions. This asymmetric vortex produces unnecessary side force and yawing moment; hence, these effects deteriorate directional stability. In this study, the numerical analysis of asymmetric vortices around the slender body was conducted at high angle of attack supersonic flow. In order to simulate the vortices, a bump is installed on the nose of the slender body. As a result of the numerical analysis, the asymmetric vortices around the slender body could be simulated.

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