• Title/Summary/Keyword: positive real

Search Result 1,567, Processing Time 0.029 seconds

A Study on the Effect of Real Estate Acquisitions and Sales on Firm Value (부동산 취득 및 처분이 기업가치에 미치는 영향에 관한 연구)

  • Lim, Byungkwon;Kim, Chun-Kyu
    • The Journal of the Korea Contents Association
    • /
    • v.18 no.7
    • /
    • pp.49-63
    • /
    • 2018
  • This study examines both the announcement effect of corporate real estate acquisitions and sales and long-term stock performance. Also, we analyze long-term stock returns on the basis of the amount and the purpose (business activities, financial activities, etc.) of real estate acquisitions and sales. The major findings are as follow. First, we find that there is no significant announcement effect on the real estate acquisitions. However, the announcement day of real estate sales shows significantly positive abnormal stock returns. Second, we find that both the real estate acquisitions and sales show negative long-term stock performance. We also find the same results from the case where we classify our sample on the basis of the amount and the purpose of real estate acquisitions and sales. Third, the amount of real estate acquisitions is significantly negatively related to long-term stock returns, whereas the relation between firm value and the amount of real estate sales is positive only under the business activities. Overall, long-term stock performance decreases after the announcement day of the real estate acquisitions and sales. This results can be explained by agency theory. Also, we conclude that a decline in stock performance after the real estate sales explain an information signal on financial distress.

Comparison of Conventional Culture Method and Real-time PCR for Detection of Yersinia enterocolitica in Sausage and Vegetable Salad (소시지와 야채 샐러드에서 Yersinia enterocolitica 검출을 위한 배지법과 real-time PCR법의 비교)

  • Kim, Yun-Gyeong;Chon, Jung-Whan;Lee, Jae-Hoon;Kwak, Hyo-Sun;Hwang, In-Gyun;Seo, Kun-Ho
    • Korean Journal of Food Science and Technology
    • /
    • v.45 no.1
    • /
    • pp.133-136
    • /
    • 2013
  • The purpose of this study was to compare a conventional culture method and real-time PCR for the detection of Yersinia enterocolitica (Y. enterocolitica) in sausage and in vegetable salad. Food samples inoculated with Y. enterocolitica were enriched in peptone-sorbitol bile-broth, and swabs were then streaked onto cefsulodin-irgasan-novobiocin agar. Biochemical tests for suspected colonies were performed with an API 20E strip. In parallel, real-time PCR was performed, targeting the 16S rRNA gene using 1 mL of enrichment broth. In sausage, the number of positive samples detected by culture method (49 out of 60) was similar (p>0.05) with that of real-time PCR (50 out of 60). However, the number of positive samples of real-time PCR (26 out of 60) was significantly higher (p<0.05) than that of the conventional culture method (6 out of 60) in vegetable salad. Real-time PCR could be an effective screening tool for detecting Y. enterocolitica, particularly in food samples with high levels of background flora, such as a vegetable salad.

Real-Time Digital Fuzzy Control Systems considering Computing Time-Delay

  • Park, Chang-Woo;Shin, Hyun-Seok;Park, Mig-Non
    • Journal of the Korean Institute of Intelligent Systems
    • /
    • v.10 no.5
    • /
    • pp.423-431
    • /
    • 2000
  • In this paper, the effect of computing time-delay in the real-time digital fuzzy control systems is investigated and the design methodology of a real-time digital fuzzy controller(DFC) to overcome the problems caused by it is presented. We propose the fuzzy feedback controller whose output is delayed with unit sampling period. The analysis and the design problem considering computing time-delay is very easy because the proposed controller is syncronized with the sampling time. The stabilization problem of the digital fuzzy control system is solved by the linear matrix inequality(LMI) theory. Convex optimization techniques are utilized to find the stable feedback gains and a common positive definite matrix P for the designed fuzzy control system Furthermore, we develop a real-time fuzzy control system for backing up a computer-simulated truck-trailer with the consideration of the computing time-delay. By using the proposed method, we design a DFC which guarantees the stability of the real time digital fuzzy control system in the presence of computing time-delay.

  • PDF

A Study on the Influence of Human Behaviors and Affections on the Flow of Mobile Applications (모바일 애플리케이션의 플로우에 영향을 미치는 요인에 관한 연구)

  • Jo, Hyeon;Kwak, Kiho
    • Journal of Information Technology Services
    • /
    • v.14 no.2
    • /
    • pp.111-128
    • /
    • 2015
  • In this paper, we examined the effects of emotional and individual variables on flow in the usage of mobile application. We selected four relevant emotional and individual factors such as positive affect, negative affect, addiction and habituation. We also attempted to figure out the moderating role of communication in the effect of positive affect, negative affect, and addiction on the flow. For empirical analysis, we surveyed real users of mobile application and applied PLS (Partial Least Square) methodology for SEM (Structural Equation Modeling). As a result, we found that positive affect, addiction, and habituation have significant and positive impact on the flow. Furthermore, we also found that the moderating effects of communication on the relationships between positive/negative affect and communication are significant. Our findings provide important theoretical grounds for the effects of human behavior and emotion on the flow of mobile applications. Lastly, we also suggest significant managerial implications for the development mobile applications industry.

ON A HIGHER-ORDER RATIONAL DIFFERENCE EQUATION

  • BELHANNACHE, FARIDA;TOUAFEK, NOURESSADAT;ABO-ZEID, RAAFAT
    • Journal of applied mathematics & informatics
    • /
    • v.34 no.5_6
    • /
    • pp.369-382
    • /
    • 2016
  • In this paper, we investigate the global behavior of the solutions of the difference equation $x_{n+1}=\frac{A+Bx_{n-2k-1}}{C+D\prod_{i=l}^{k}x_{n-2i}^{m_i}}$, n=0, 1, ..., with non-negative initial conditions, the parameters A, B are non-negative real numbers, C, D are positive real numbers, k, l are fixed non-negative integers such that l ≤ k, and mi, i=l, k are positive integers.

Multi-stage design procedure for modal controllers of multi-input defective systems

  • Chen, Yu Dong
    • Structural Engineering and Mechanics
    • /
    • v.27 no.5
    • /
    • pp.527-540
    • /
    • 2007
  • The modal controller of single-input system cannot stabilize the defective system with positive real part of repeated eigenvalues, because some of the generalized modes are uncontrollable. In order to stabilize the uncontrollable modes with positive real part of eigenvalues, the multi-input system should be introduced. This paper presents a recursive procedure for designing the feedback controller of the multi-input system with defective repeated eigenvalues. For a nearly defective system, we first transform it into a defective one, and apply the same method to manage. The proposed methods are based on the modal coordinate equations, to avoid the tedious mathematic manipulation. As an application of the presented procedure, two numerical examples are given at end of the paper.

THE INVARIANCE PRINCIPLE FOR LINEARLY POSITIVE QUADRANT DEPENDENT SEQUENCES

  • Kim, Tae-Sung;Han, Kwang-Hee
    • Communications of the Korean Mathematical Society
    • /
    • v.9 no.4
    • /
    • pp.951-959
    • /
    • 1994
  • A sequence ${X_j : j \geq 1}$ of random variables is said to be pairwise positive quadrant dependent (pairwise PQD) if for any real $r-i,r_j$ and $i \neq j$ $$ P{X_i > r_i,X_j > r_j} \geq P{X_i > r_i}P{X_j > r_j} $$ (see [8]) and a sequence ${X_j : j \geq 1}$ of random variables is said to be associated if for any finite collection ${X_{i(1)},...,X_{j(n)}}$ and any real coordinatewise nondecreasing functions f,g on $R^n$ $$ Cov(f(X_{i(1)},...,X_{j(n)}),g(X_{j(1)},...,X_{j(n)})) \geq 0, $$ whenever the covariance is defined (see [6]). Instead of association Cox and Grimmett's [4] original central limit theorem requires only that positively linear combination of random variables are PQD (cf. Theorem $A^*$).

  • PDF

INVARIANT DIFFERENTIAL OPERATORS ON THE MINKOWSKI-EUCLID SPACE

  • Yang, Jae-Hyun
    • Journal of the Korean Mathematical Society
    • /
    • v.50 no.2
    • /
    • pp.275-306
    • /
    • 2013
  • For two positive integers $m$ and $n$, let $\mathcal{P}_n$ be the open convex cone in $\mathbb{R}^{n(n+1)/2}$ consisting of positive definite $n{\times}n$ real symmetric matrices and let $\mathbb{R}^{(m,n)}$ be the set of all $m{\times}n$ real matrices. In this paper, we investigate differential operators on the non-reductive homogeneous space $\mathcal{P}_n{\times}\mathbb{R}^{(m,n)}$ that are invariant under the natural action of the semidirect product group $GL(n,\mathbb{R}){\times}\mathbb{R}^{(m,n)}$ on the Minkowski-Euclid space $\mathcal{P}_n{\times}\mathbb{R}^{(m,n)}$. These invariant differential operators play an important role in the theory of automorphic forms on $GL(n,\mathbb{R}){\times}\mathbb{R}^{(m,n)}$ generalizing that of automorphic forms on $GL(n,\mathbb{R})$.

THE FRACTIONAL TOTIENT FUNCTION AND STURMIAN DIRICHLET SERIES

  • Kwon, DoYong
    • Honam Mathematical Journal
    • /
    • v.39 no.2
    • /
    • pp.297-305
    • /
    • 2017
  • Let ${\alpha}$ > 0 be a real number and $(s_{\alpha}(n))_{n{\geq}1}$ be the lexicographically greatest Sturmian word of slope ${\alpha}$. We investigate Dirichlet series of the form ${\sum}^{\infty}_{n=1}s_{\alpha}(n)n^{-s}$. To do this, a generalization of Euler's totient function is required. For a real ${\alpha}$ > 0 and a positive integer n, an arithmetic function ${\varphi}{\alpha}(n)$ is defined to be the number of positive integers m for which gcd(m, n) = 1 and 0 < m/n < ${\alpha}$. Under a condition Re(s) > 1, this paper establishes an identity ${\sum}^{\infty}_{n=1}s_{\alpha}(n)n^{-S}=1+{\sum}^{\infty}_{n=1}{\varphi}_{\alpha}(n)({\zeta}(s)-{\zeta}(s,1+n^{-1}))n^{-s}$.

THE GENERALIZED FERNIQUE'S THEOREM FOR ANALOGUE OF WIENER MEASURE SPACE

  • Ryu, Kun Sik
    • Journal of the Chungcheong Mathematical Society
    • /
    • v.22 no.4
    • /
    • pp.743-748
    • /
    • 2009
  • In 1970, Fernique proved that there is a positive real number $\alpha$ such that $\int_{\mathbb{B}}\exp\{\alpha{\parallel}x{\parallel}^{2}\}dP(x)$ is finite where ($\mathbb{B},\;P$) is an abstract Wiener measure space and ${\parallel}\;{\cdot}\;{\parallel}$ is a measurable norm on ($\mathbb{B},\;P$) in [2, 3]. In this article, we investigate the existence of the integral $\int_{c}\exp\{\alpha(sup_t{\mid}x(t){\mid})^p\}dm_{\varphi}(x)$ where ($\mathcal{C}$, $m_{\varphi}$) is the analogue of Wiener measure space and p and $\alpha$ are both positive real numbers.

  • PDF