• The Journal of Asian Finance, Economics and Business
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• v.9 no.1
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• pp.133-142
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• 2022

This study examines the relationship between debt maturity structure and bankruptcy risk. There are various studies of leverage's effect on bankruptcy risk. Debt maturity, however, has not received the attention it deserves, especially in emerging markets with a high degree of information asymmetry. Using Vietnamese listed company data and various estimations, we find that leverage is positively associated with the likelihood of default. Importantly, short-term leverage shows a significantly positive effect on bankruptcy risk, while long-term leverage does not show significant results. The findings highlight that rollover risk firms are exposed to when using short-term debt increases bankruptcy risk. Meanwhile, firms do not cope with this risk in case of long-term debt adoption. High information asymmetry in emerging markets may be the main reason for the difference. The result is robust for subsamples of firms in different financial conditions, in concentrated and competitive industries, as well as for manufacturing and non-manufacturing companies. We also find that firms in a better financial situation and concentrated industries experience a higher short-term leverage effect than their counterparts. We, however, do not find a significant difference in the impact between manufacturing and non-manufacturing companies. This paper is among the first to examine the relation between debt maturity and bankruptcy risk in Vietnam.

• International Journal of High-Rise Buildings
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• v.1 no.4
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• pp.247-254
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• 2012

In order to improve the seismic behaviors of traditional steel-concrete mixed structure, a novel steel concrete mixed structure consisting of steel frames braced with buckling restrained braces (BRBs) and a concrete tube is proposed. Based on several assumptions, the simplified mechanical model of the novel mixed structure is established, and the shear and bending stiffness formulas of the steel frames, BRBs and concrete tube are respectively introduced. The equilibrium differential equation of the novel mixed structure under horizontal load is developed based on the structural elastic theory. The simplified algorithms to determine the lateral displacement and internal forces of the novel mixed structure under the inverted-triangle distributed load, uniformly load and top-concentrated load are then obtained considering several boundary conditions and compatible deformation conditions. The effectiveness of the simplified algorithms is verified by FEM comparison.

• Structural Engineering and Mechanics
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• v.70 no.6
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• pp.703-710
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• 2019

While fiber-reinforced plastic (FRP) materials have been largely used in the retrofitting of concrete buildings, its application has been limited because of some problems such as de-bonding of FRP layers from the concrete surface. This paper is the part of a wide experimental and analytical investigation about flexural retrofitting of reinforced concrete (RC) columns using FRP and mechanical fasteners (MF). A new generation of MF is proposed, which is applicable for retrofitting of RC columns. Furthermore, generally, to evaluate a retrofitted structure the nonlinear static and dynamic analyses are the most accurate methods to estimate the performance of a structure. In the nonlinear analysis of a structure, accurate modeling of structural elements is necessary for estimation the reasonable results. So for nonlinear analysis of a structure, modeling parameters for beams, columns, and beam-column joints are essential. According to the concentrated hinge method, which is one of the most popular nonlinear modeling methods, structural members shall be modeled using concentrated or distributed plastic hinge models using modeling parameters. The nonlinear models of members should be capable of representing the inelastic response of the component. On the other hand, in performance based design to make a decision about a structure or design a new one, numerical acceptance should be determined. Modeling parameters and numerical acceptance criteria are different for buildings of different types and for different performance levels. In this paper, a new method was proposed for FRP retrofitted columns to avoid FRP debonding. For this purpose, mechanical fasteners were used to achieve the composite behavior of FRP and concrete columns. The experimental results showed that the use of the new method proposed in this paper increased the flexural strength and lateral load capacity of the columns significantly, and a good composition of FRP and RC column was achieved. Moreover, the modeling parameters and acceptance criteria were presented, which were derived from the experimental study in order to use in nonlinear analysis and performance-based design approach.

• Proceedings of the KSR Conference
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• 1998.05a
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• pp.369-376
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• 1998

For a good crashworthy design of train vehicles, it is essential to develop some design and analysis techniques for energy absorbing structures. This paper analyzes the front structure of TGV-K and suggests crashworthy design of Korea high speed tram(KHST) using the accident scenario of SNCF(collision with a stationary rigid mass in motion of 15 ton at 110km/h). Specifically this research is concentrated on developing a well-designed protective headstocks using mullticell structures wi th cutouts to improve crashworthiness of KHST

• Journal of Embryo Transfer
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• v.4 no.1
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• pp.14-20
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• 1989

Abnormalities of structure and morphology of chromosomes concentrated with genetic materials, DNA, are directly related to phenotypical performances of animals. So, cytogenetical research in domestic animals is important to prevent congenital deformity and improve genetic performances. Especially utilities of egg transfer technique combined with cytogenetical study can be accelerated by the wide spread of the best genetic sources dependent on the micromanipulation and sexing of eggs.

• Journal of Nutrition and Health
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• v.26 no.3
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• pp.268-276
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• 1993

Coffee is known to increase pancreatic secretion of digestive enzymes. The mutagen, aflatoxin B1(AFB1) is contained in fermented foods and known to increase the specific activities of pancreatic chymotrypsin, trypsi, amylase, and lipase. Nowadays, coffee intake is increased among Koreans who have consumed relatively high amount of traditional fermented foods. Therefore, this study was performed to examine the effect of coffee and AFB1 on pancreatic exocrine function and structure. Rats were divided into 10 experimental groups. The first five groups were W(control group), LD(0.2g decaffeinated coffee/Kg B.W), HD(3g decaffeinated coffee/Kg B.W), LC(0.2g coffee/Kg B.W), and HC(3g coffee/Kg B.W). The second five groups were WA, LDA, HDA, LCA, HCA, same as first five groups in caffieine level but treated with AFB1. The result of this experiment showed that the caffeine intake did not influence significantly on the growth and feed efficiency. But water intake was increased by caffeine intake and AFB1 treatment. The weights of pancreas and liver were increased as the caffeine intake was increased. Trypsin activities were tend to increase in concentrated coffee groups(HD, HC). AFB1 treated groups showed the higher trypsin level than the AFB1 untreated groups. Amylase activities were tend to increase in concentrated coffee groups(HD, HC) of AFB1 untreated animals. AFB1 treated did not show the additional effect on the stimulated amylase secretion by coffee. Lipase activities were tend to decrease in concentrated coffee groups(HD, HC) of AFB1 untreated animals. Lipase activities were increased in the order named WA group, coffee groups, decaffeinated coffee groups in AFB1 treated animals. AFB1 treated groups showed the higher lipase level than AFB1 untreated groups. In the histologic observation of pancreas HCA group showed more dense compound tubuloalveolar glands and proliferation of nuclei than normal. The result suggested a development of a atypia which is ongoing phase to a cancer.

• Journal of the Korean Institute of Electrical and Electronic Material Engineers
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• v.33 no.3
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• pp.173-176
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• 2020

This study focuses on a pillar in which is implanted a P-type maneuver under a P base. This structure is called a super junction structure. By inserting the pillar, the electric field concentrated on the P base is shared by the pillar, so the columns can be dispersed while maintaining a high breakdown voltage. Ten pillars were generated during the multi epitaxial process. The interval between pillars is varied to optimize the electric field to be concentrated on the pillar at a threshold voltage of 6 V, a yield voltage of 4,500 V, and an on-state voltage drop of 3.8 V. The density of the filler gradually decreased when the interval was extended by implanting a filler with the same density. The results confirmed that the size of the depletion layer between the filler and the N-epitaxy layer was reduced, and the current flowing along the N-epitaxy layer was increased. As the interval between the fillers decreased, the cost of the epitaxial process also decreased. However, it is possible to confirm the trade-off relationship that deteriorated the electrical characteristics and efficiency.

• Transactions of the Korean Society for Noise and Vibration Engineering
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• v.26 no.5
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• pp.518-527
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• 2016

The present study considers the usage of concentrated forces to simulate real panel flutter. The concept of using concentrated forces have been validated for studying the flutter of wing structure in subsonic flow, yet its application in the supersonic region remained to be explored. Hence, a simply supported panel subjected to forces, equivalent to aerodynamic force is considered for studying supersonic panel flutter. The distributed aerodynamic forces are approximated to few concentrated forces by taking numerical integration. The aeroelastic equation is formulated using the classical small-deflection theory and the piston theory for linear panel flutter whereas for emulated panel flutter the flutter equation is derived by replacing the pressure due to aerodynamic loading with pressure from concentrated loading. Finally, flutter frequency, flutter dynamic pressure, and corresponding mode shape are found for emulated panel flutter and compared with linear panel flutter. Two important parameters, the number of concentrated forces and their location are discussed through numerical examples and optimization process respectively. So far, the flutter results acquired in this study are reasonable to suggest the feasibility of reproducing panel flutter using concentrated forces.

• Journal of the Earthquake Engineering Society of Korea
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• v.19 no.6
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• pp.273-282
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• 2015

In this study, shaking table test has been carried out for the dual frame passive control system for seismic performance verification of the proposed system. The proposed system was separated into two independent frameworks that are strength resistant core and frame structure by connecting to the damper. Moreover, the seismic performance improvement of the proposed system has been verified by comparing and analyzing the experimental results of the proposed system with an existing core system. As a result of the shaking table test, acceleration and displacement responses of dual-frame vibration control system are decreased than those of the existing strength resistant type core system. In the case of the core system, while the damage was concentrated on the column of first floor, the damage of the dual system was dispersed in each layer. The damage also was concentrated on the damper, almost no damage occurs to the structural members. It has been emphasized that installed dampers in the proposed dual system reduce the input energy of whole structure by absorbing seismic input energy, which leads overall system damage to be reduced.

• Journal of the Korean association of regional geographers
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• v.8 no.3
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• pp.347-363
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• 2002

The purpose of this study is to analyse the formation process and spatial structure of the mountainous village in the historic process as the case study on Yowon-village, Gyeongbuk province. The findings are summarized as the follows. The traditional location of the Yowon mountain village has been strongly influenced by local topology, drinking water, the form and time of the early setters. The spatial structure of the village was changed by the construction of road and accessibility to the road after the introduction of commercial agriculture. The form of the village consists of small scale of concentrated villages and dispersed. villages. Specifically, Yowon 1 ri has been restructured as a small scale of concentrated village and Yowon 2 ri as a dispersed one. The facilities both located in the center of the traditional village and related to communal life were moved outside while those for commercial agriculture were located in the center of the village. In sum, the village had been traditionally life-oriented and closed, but it was production-oriented and open particularly after the introduction of commercial agriculture.