• 제목/요약/키워드: likelihood of success

검색결과 77건 처리시간 0.023초

The Significance of Contract Law for Efficient Mergers and Acquisitions (M&A) Procedure

  • Eungoo KANG
    • 동아시아경상학회지
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    • 제11권4호
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    • pp.41-50
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    • 2023
  • Purpose - This study aims to examine the role of contract law in mergers and acquisitions (M&A) and to examine whether or not contract law is necessary in M&A. The study also discusses how contract law can be utilized in M&A, as well as some of the problems that arise from the use of contracts in this area. Research design, data, and methodology - To minimize bias and errors, this study used only peer-reviewed articles and book excluding internet news articles, conference papers, and dissertations. For a well-organized screen and selection process, the author conducted the extraction procedure thoroughly to eliminate some duplicated resources. Result: This study indicates that complex deals carry a high risk but also have the potential to yield substantial revenue for stakeholders. Thus, contract law is essential to the success of M&A because it helps to define the (1) terms of the transaction, (2) reduces risk, (3) offers legal safeguards, and ensures that the (4) agreement is enforced. Conclusion - This study concludes that an understanding of contract law is essential to the profitable merging of two businesses. The application of contract law provides a mechanism for enforcing the agreement, which can increase the likelihood that the stipulations of the M&A will be satisfied.

Comparison of Automatic Calibration for a Tank Model with Optimization Methods and Objective Functions

  • Kang, Min-Goo;Park, Seung-Woo;Park, Chang-Eun
    • 한국농공학회지
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    • 제44권7호
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    • pp.1-13
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    • 2002
  • Two global optimization methods, the SCE-UA method and the Annealing-simplex (A-S) method for calibrating a daily rainfall-runoff model, a Tank model, was compared with that of the Downhill Simplex method. The performance of the four objective functions, DRMS (daily root mean square), HMLE (heteroscedastic maximum likelihood estimator), ABSERR (mean absolute error), and NS (Nash-Sutcliffe measure), was tested and synthetic data and historical data were used. In synthetic data study. 100% success rates for all objective functions were obtained from the A-S method, and the SCE-UA method was also consistently able to obtain good estimates. The downhill simplex method was unable to escape from local optimum, the worst among the methods, and converged to the true values only when the initial guess was close to the true values. In the historical data study, the A-S method and the SCE-UA method showed consistently good results regardless of objective function. An objective function was developed with combination of DRMS and NS, which putted more weight on the low flows.

Predicting Employment Status of Injured Workers Following a Case Management Intervention

  • Awang, Halimah;Mansor, Norma
    • Safety and Health at Work
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    • 제9권3호
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    • pp.347-351
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    • 2018
  • Background: The success of an injury intervention program can be measured by the proportion of successful return to work (RTW). This study examined factors of successful return to employment among workers suffering from work-related injuries. Methods: Data were obtained from the Social Security Organization, Malaysia database consisting of 10,049 RTW program participants in 2010-2014. The dependent variable was the RTW outcome which consisted of RTW with same employer, RTW with new employer or unsuccessful return. Multinomial logistic regression was performed to test the likelihood of successful return with same employer and new employer against unsuccessful return. Results: Overall, 65.3% of injured workers were successfully returned to employment, 52.8% to the same employer and 12.5% to new employer. Employer interest; motivation; age 30-49 years; intervention less than 9 months; occupational disease; injuries in the lower limbs, upper limbs, and general injuries; and working in the manufacturing, services, and electrical/electronics were associated with returning to work with the same employer against unsuccessful return. Male, employer interest, motivation, age 49 years or younger, intervention less than 6 months, occupational disease, injuries in the upper limbs and services sector of employment were associated with returning to new employer against unsuccessful return. Conclusion: There is a need to strengthen employer commitment for early and intensified intervention that will lead to improvement in the RTW outcome.

흡연 대학생의 목표달성방법 합의가 금연목표달성에 미치는 효과 (Effect of an Agreement on Means to Achieve Smoking Cessation Goals among College Student Smokers)

  • 최인희
    • 대한간호학회지
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    • 제35권7호
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    • pp.1362-1370
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    • 2005
  • Purpose: The purpose of this study was to identify the degree of attaining a smoking cessation goal when an agreement on means to achieve smoking cessation among male college student smokers was established. Method: This study was planned as a nonequivalent control group non-synchronized design and the sample was divided into an agreement group and a comparison group by convenience sampling in a college of G city. The data was analysed with SPSS Win10.0 using a Likelihood $x^2-test$, Odds ratio, Paired t-test and ANCOVA. Result: The theory that the degree of smoking cessation will be higher in the agreement group than the Comparison group was rejected (${\delta}$ = 2.567, p = .055). The theory that nicotine dependency will be lower in the agreement group than the comparison group was supported (F = 3.965, P = .049); however, the theory that the number of cigarettes smoked per day will be lower in the agreement group than the comparison group was rejected (F = 1.342, p = .252). Conclusion: It has been shown that an agreement on means to achieve smoking cessation goals is a key factor to success in quitting smoking.

Advanced In-Vessel Retention Design for Next Generation Risk Management

  • Kune Y. Suh;Hwang, Il-Soon
    • 한국원자력학회:학술대회논문집
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    • 한국원자력학회 1997년도 추계학술발표회논문집(1)
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    • pp.713-718
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    • 1997
  • In the TMI-2 accident, approximately twenty(20) tons of molten core material drained into the lower plenum. Early advanced light water reactor (LWR) designs assumed a lower head failure and incorporated various measures for ex-vessel accident mitigation. However, one of the major findings from the TMI-2 Vessel Investigation Project was that one part of the reactor lower head wall estimated to have attained a temperature of 1100$^{\circ}C$ for about 30 minutes has seemingly experienced a comparatively rapid cooldown with no major threat to the vessel integrity. In this regard, recent empirical and analytical studies have shifted interests to such in-vessel retention designs or strategies as reactor cavity flooding, in-vessel flooding and engineered gap cooling of the vessel Accurate thermohydrodynamic and creep deformation modeling and rupture prediction are the key to the success in developing practically useful in-vessel accident/risk management strategies. As an advanced in-vessel design concept, this work presents the COrium Attack Syndrome Immunization Structures (COASIS) that are being developed as prospective in-vessel retention devices for a next-generation LWR in concert with existing ex-vessel management measures. Both the engineered gap structures in-vessel (COASISI) and ex-vessel (COASISO) are demonstrated to maintain effective heat transfer geometry during molten core debris attack when applied to the Korean Standard Nuclear Power Plant(KSNPP) reactor. The likelihood of lower head creep rupture during a severe accident is found to be significantly suppressed by the COASIS options.

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유비쿼터스 비즈니스 모델 저장소를 이용한 경쟁 전략 수립 방법 (A method to build competitive strategy based on the ubiquitous business model repository)

  • 송희석;한관희;여재현;박광만;이광희
    • 산업공학
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    • 제21권3호
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    • pp.283-293
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    • 2008
  • It is important to choose and develop right business model in the process of implementing the ubiquitous service concept. In particular, it is also required to build a method which can assist in establishing a business model in a competitive perspective to differentiate business strategy. However, we could not find the existing studies which tried to develop business model including methods on how to differentiate business strategy in a competitive environment. In this study, we propose an ontology for repository of ubiquitous business model and address on how to apply the proposed business model repository to real ubiquitous industry. We also built a repository of unlicensed wireless device industry to check the applicability of proposed ubiquitous business model ontology and to show the various examples. We expect that building the business model repository contributes to reduce the redundancy and inefficiency for industry as well as to increase likelihood of business success for an individual company.

지역 모바일 앱 1인 창조기업의 성공요인에 관한 실증분석 : 사회적 자본의 조절효과를 중심으로 (An Empirical Study on Successful Factor of Local Mobile App One-Person Creating Company : The Moderating Effects of Social Capital)

  • 천평욱;정동섭;옥영석
    • 벤처창업연구
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    • 제9권2호
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    • pp.201-219
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    • 2014
  • 대한민국은 실물경제에서 지식경제로, 그리고 창의성과 상상력을 중심으로 하는 창조경제로 패러다임이 변화하고 있다. 창조경제의 핵심인 창조산업은 기술과 정보를 갖춘 개인이 중요한 역할을 수행하는 산업이다. 대한민국의 높은 청년실업률과 경제 양극화 문제를 해결하는 창조산업 중 모바일 앱 산업의 역할을 인식하고, 범국가적인 차원에서 모바일 앱 산업 분야의 1인 창조기업을 지원하는 다양한 정책이 추진되고 있다. 이러한 지원 정책이 모바일 앱 1인 창조기업의 성공적인 창업에 기여할 수 있도록 지역 모바일 앱 1인 창조기업을 대상으로 성공요인에 대한 실증조사를 수행하고 이를 통해 보다 효과적이고 효율적인 지원 방안을 모색하고자 본 연구를 수행하였다. 이 연구에서는 문헌 고찰을 통해 1인 창조기업의 성공요인에 관한 4개의 연구가설을 도출하고, 지역 모바일 앱 1인 창조기업의 실증자료를 기반으로 분석을 하였다. 분석 결과 첫째, 모바일 앱 관련 기술의 발전 속도가 빠르고 이에 따른 새로운 경쟁 제품이 출현할 경우 기업의 매출액과 성장성이 높아지는 경향을 발견할 수 있었다. 둘째, 창업자가 산업 경험을 갖추고 기업 경영과 제품 개발에 필요한 자금을 확보할 경우 정량적인 성과가 높아지는 경향을 발견할 수 있었다. 셋째, 목표 시장에 맞춘 경영 전략을 수행할 경우 성장성이 높아지는 경향을 발견할 수 있었다. 넷째, 이들 환경 동태성, 기업 특성, 경영 전략과 사업 성과의 관계에 네트워크의 강도와 신뢰도가 조절효과로 일부 작용하는 것을 발견할 수 있었다. 이러한 결과는 1인 창조기업의 창업가에게 경험을 축적할 수 있는 방안과 함께 필요한 자금을 적시에 제공할 수 있어야 하고, 다양하고 신뢰할 수 있는 네트워크와 만날 수 있는 기회를 지속적으로 제공해야함을 시사한다. 본 연구를 통해 모바일 앱 분야와 같은 지식 기반 1인 창조기업들을 지원하는 기관에서 기업의 성공 가능성을 높일 수 있는 지원 시책을 수립하는데 활용되길 바란다.

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프로빗 모델 기반 핀풀러의 작동 신뢰도 추정 (Functional Reliability Estimation of Pin Pullers Based on a Probit Model)

  • 문병민;이진욱;김남호;최창선;김재일;배석주
    • 한국군사과학기술학회지
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    • 제20권2호
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    • pp.225-230
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    • 2017
  • To generate mechanical movements in one-shot devices such as missiles and space launch vehicles, pyrotechnic mechanical device(PMD) such as pin pullers using pyrotechnic charge has been widely used. Reliability prediction of pin pullers is crucial to successfully execute target missions for the one-shot devices. Because the pin pullers require destructive tests to evaluate their reliability, one would need about 3,000 samples of success to guarantee a reliability of 99.9 % with a confidence level of 95 %. This paper suggests the application of a probit model using the charge amount as a functional parameter for estimation of functional reliability of pin puller. To guarantee target reliability, we propose estimation methods of the lower bound of functional reliability by applying the probit model. Given lower bound of functional reliability, we quantitatively show that the optimum amount of charge increases as the number of samples decreases. Along with a variety of simulations the validity of our new model via real test results is confirmed.

LMS 적응필터를 이용한 직교 함수 기반의CPR 잡음 제거 알고리즘 설계 (Design of CPR Artifact Removal Algorithm Based on Orthogonal Function using LMS Adaptive Filter)

  • 임은호;남동훈;명현석;강동원;전대근;윤영로;이경중
    • 대한의용생체공학회:의공학회지
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    • 제37권5호
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    • pp.153-160
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    • 2016
  • This study proposes an algorithm for removal of CPR artifact in order that automated external defibrillator (AED) can effectively diagnose ECG rhythm during cardiopulmonary resuscitation (CPR). Current AED required to interrupt chest compression for reliable rhythm analysis to avoid the effect of artifacts produced by CPR. However even temporarily interruption of chest compression during CPR adversely affects the probability of restoration of spontaneous circulation (ROSC) and survival after the delivery of the shock. Therefore, we proposed a method for removal of CPR artifacts using least mean square (LMS) filter. The removal of the CPR artifacts would enable compressions to continue during AED rhythm analysis, thereby increasing the likelihood of resuscitation success. It was tested on 31 segments of shockable and 300 segments of non-shockable ECG signals recorded from three pigs during CPR. In the result, sensitivity (Se) and specificity (Sp) analysis on the test segments showed values of Se = 3.2%, Sp = 66.0% and Se = 96.8%, Sp = 98.7% in the case of unfiltered and filtered signals during CPR. In conclusion, it was shown that the proposed method can be a useful tool to exactly diagnose the ECG rhythm during the CPR.

ELiSyR: Efficient, Lightweight and Sybil-Resilient File Search in P2P Networks

  • Kim, Hyeong-S.;Jung, Eun-Jin;Yeom, Heon-Y.
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • 제4권6호
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    • pp.1311-1326
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    • 2010
  • Peer-to-peer (P2P) networks consume the most bandwidth in the current Internet and file sharing accounts for the majority of the P2P traffic. Thus it is important for a P2P file sharing application to be efficient in bandwidth consumption. Bandwidth consumption as much as downloaded file sizes is inevitable, but those in file search and bad downloads, e.g. wrong, corrupted, or malicious file downloads, are overheads. In this paper, we target to reduce these overheads even in the presence of high volume of malicious users and their bad files. Sybil attacks are the example of such hostile environment. Sybil attacker creates a large number of identities (Sybil nodes) and unfairly influences the system. When a large portion of the system is subverted, either in terms of the number of users or the number of files shared in the system, the overheads due to the bad downloads rapidly increase. We propose ELiSyR, a file search protocol that can tolerate such a hostile environment. ELiSyR uses social networks for P2P file search and finds benign files in 71% of searches even when more than half of the users are malicious. Furthermore, ELiSyR provides similar success with less bandwidth than other general efforts against Sybil attacks. We compare our algorithm to SybilGuard, SybilLimit and EigenTrust in terms of bandwidth consumption and the likelihood of bad downloads. Our algorithm shows lower bandwidth consumption, similar chances of bad downloads and fairer distribution of computation loads than these general efforts. In return, our algorithm takes more rounds of search than them. However the time required for search is usually much less than the time required for downloads, so the delay in search is justifiable compared to the cost of bad downloads and subsequent re-search and downloads.