• Title/Summary/Keyword: provision

Search Result 3,349, Processing Time 0.035 seconds

The Effect of Debt Characteristics on the Relationship between Anti-Takeover Provision and the Cost of Debt (부채특성이 경영권방어수단과 타인자본비용 간의 관계에 미치는 영향)

  • A-Young Lee;Sung-Hye Kim
    • Asia-Pacific Journal of Business
    • /
    • v.14 no.3
    • /
    • pp.205-219
    • /
    • 2023
  • Purpose - This study examines the effect of corporate debt characteristics on the relationship between anti-takeover provision and the cost of debt. Design/methodology/approach - The study analyzes a sample of non-financial firms listed on the stock market with December fiscal year-end from 2011 to 2018. Debt default risk (debt size, liquidity ratio, interest coverage ratio, loss occurrence) and the issuance of bonds are utilized as measures of corporate debt characteristics. Findings - First, it is observed that creditors of firms with anti-takeover provision demand higher returns as the debt default risk of these firms increases. Second, for firms issuing bonds, it is found that bondholders in companies with anti-takeover provision also seek higher returns. Research implications or Originality - This study contributes by demonstrating that the effect of anti-takeover provision on creditors can vary depending on corporate debt characteristics. Particularly, the study highlights the importance of a firm's debt default risk and creditor distinction (bondholders vs. regular creditors) as significant factors that may influence perceptions of anti-takeover provision.

The Use of "Particular Market Situation" Provision and its Implications for Regulation of Antidumping

  • Yun, Mikyung
    • East Asian Economic Review
    • /
    • v.21 no.3
    • /
    • pp.231-257
    • /
    • 2017
  • The particular market situation provision of the WTO Antidumping Agreement is increasingly invoked against what may be described as "input-dumping," but this potentially violates the current Antidumping Agreement rules. This paper examines the practice and recent changes regarding the PMS provision in the US by critically examining relevant antidumping investigations in the US in light of GATT/WTO jurisprudence. Such US practice has not yet been extensively subjected to scholarly examination. The paper finds that the recent legal change in the US widens the scope and applicability of the PMS provision to cover input subsidies, allowing the use of not only surrogate prices but also surrogate costs. Further, the required standard of evidence to find PMS seems to have been diminished in the recent application. A widespread use of the PMS provision in such a deviant way calls for a fundamental review of the current trade remedy rules of the WTO.

A Study on the Use and Provision of Urban Parks in Kwang Ju City (광주시 도시공원의 이용과 공급에 관한 연구)

  • 오병태
    • Journal of the Korean Institute of Landscape Architecture
    • /
    • v.22 no.4
    • /
    • pp.1-21
    • /
    • 1995
  • Parks in Kwang Ju ar determined by the development of a housing project under the regulations of land development rather than the planning approach of park provision. This study tries to identify who is the provider of parks, to estimate the size of urban parks per person in the area of the housing project, to look at the spatial allocation patterns of park provision and to identify the character profiles of users and the social profile of an ares(Dong). This research has produced the following major conclusions : 1. The city government should set up a master plan of park provision to control park delivery system to avoid maldistribution. 2. A positive discrimination policy should be introduced to disadvantaged areas in terms of park provision. 3. The null hypothesis - there is no relationship between distance and park Use - is rejected by the correlation rate of 0.4984. 4. The ratio of parks per a person ; 10.43㎡/person in 1990 has decreased to 10.41㎡ /person in 1994. This means that the increase of parks in terms of quantity could not catch up the increase of population.

  • PDF

A Study on the Health Services Provision of Community Health Practitioners (보건진료원의 보건의료서비스 공급에 관한 관련요인분석)

  • 김영임
    • Journal of Korean Academy of Nursing
    • /
    • v.18 no.2
    • /
    • pp.153-161
    • /
    • 1988
  • The purpose of this study was to analyze the level of the services provision of community health practitioners (CHP) and to find out the influence factors on the services provision of CHP. In this study the dependent variables were the level of community health services(CHS), maternal and child health services(MCH), family planning services(FPS), primary care services(PCS) and the ratios of preventive health services(PHS). And independent variables were predisposing, community demographic and task factors. For this analysis, atepwise regression was used. Data collected for the study on reorganization of health centers organization in 1985 was partly used. The findings of this study can be summarized as follows : First, total variance of independent variables for CHS, MCH, FPS, PCS and PHS are shown 62.5 percent, 58.3 percent, 41.8 percent, 17 percent and 61.9 percent respectively. Second, the most important variables which explain CHS, MCH, FPS, PCS and PHS was ratios of household contacted ($R^2$=0.289), marital status ($R^2$=0.177), marital status($R^2$=0.167), ratios of household contacted($R^2$=0.119) and management of preventive health services($R^2$==0.203) respectively. The independent varivbles used in this analysis presented that the explnining for the provision of preventive health service are more influenced than primary care services. In summary this analysis suggests that the level of preventive health services provision of CHP is low and the provision of primary care services compared with preventive health services are occurred independentely. In the future, the strategies for active preventive services by CHP must to be strengthened.

  • PDF

Impact of Characteristics of Fashion On-line Community on the Community Commitment and Brand Loyalty (패션 온라인 커뮤니티 특성이 커뮤니티 몰입과 브랜드 충성도에 미치는 영향에 관한 연구)

  • Ko Eun-Ju;Kwon Joon-Hee
    • Journal of the Korean Society of Clothing and Textiles
    • /
    • v.30 no.4 s.152
    • /
    • pp.644-654
    • /
    • 2006
  • The purpose of this study is 1) to analyze the clothing purchasing behavior according to gender 2) to analyze the characteristics provided by the fashion on-line community, 3) to analyze the effects of the fashion on-line community characteristics to community commitment and brand loyalty. As for data collection, on-line survey was conducted for the fashion online community members in 'daum' portal site and total 404 volumes were used for the study analysis. Data were analyzed by descriptive statistics, $x^2-test$, factor analysis, regression analysis by utilizing the SPSS 10.0 program. The results of this study were as follow: First, it was found that characteristics of fashion on-line community are three factors of 'interactivity', 'information provision' and 'interest provision'. Second, as the analysis result of the effects of the fashion on-line community characteristics to the community commitment and brand loyalty, the more 'interactivity' and 'interest provision', the higher 'behavioral commitment' and at this time brand loyalty was high. The higher 'interactivity', 'interest provision' and 'information provision', the higher attitudinal commitment and brand loyalty. In addition, the more 'information provision' and 'interest provision' were, the more it positively influenced brand loyalty. It is considered that this study will help fashion enterprises establish an on-line community strategy to induce brand loyalty by analyzing the community utilization pattern of fashion on-line community members.

A Case of Panic Disorder Patient Improved by Gyeji-tang(Guizhi-tang) Based on Shanghanlun Provision (상한론(傷寒論) 변병진단체계(辨病診斷體系)에 근거한 계지탕(桂枝湯)의 투여로 호전을 보인 공황장애 환자 1례)

  • Roh, Young-Beum;Kim, Ji-Young
    • The Journal of Korean Medicine
    • /
    • v.42 no.2
    • /
    • pp.98-106
    • /
    • 2021
  • Objectives: The objective of this case report is to find a therapeutic effect of Gyeji-tang in panic disorder patients, based on Shanghanlun provision. Methods: At patient's first visit, we had conducted a medical interview in order to diagnose the physical and mental symptoms of the patient. A questionnaire called BAI had been also used to measure the degree of anxiety in panic disorder. After all the diagnoses had been done, the patient was allowed to take 120cc of Gyeji-tang, three times a day for 25 weeks. 25 weeks later, we conducted a second medical interview to compare with the initial treatment and to evaluate whether his physical and mental symptoms had been decreased or not. Likewise, the patient was asked to fill out the BAI questionnaire to measure the decline of anxiety degree. Results: Based on Shanghanlun provision, the patient with panic disorder due to overwork was diagnosed as Tai-yang-bing. Considering that the patient was having dyspnea, 15th provision of Gyeji-tang was selected and administered for 25 weeks. After 25 weeks, we could have observed that the main physical symptoms such as palpitation, dyspnea, stifling, headache, and fatigue were moderately improved. Moreover, the BAI score, which was evaluated to measaure the degree of anxiety, was also decreased from 49 points to the level of normal condition, 16 points. Conclusions: A 44 year old male patient who suffered from panic disorder due to overwork was allowed to take 15th provision Gyeji-tang for 25 weeks, based on Shanghanlun Provision. In results, the main physical symtpoms including dyspnea, palpitation, stifling, headache, and fatigue, and mental symptom such as extreme anxiety were all effectively improved.

The study on the Syndrome of Daecheongryongtang(大靑龍湯證) in 『Sang Han Lon』(傷寒論) (『상한론(傷寒論)』 대청룡탕증(大靑龍湯證)에 대한 연구(硏究))

  • Park, Sang-Kyun;Bang, Jung-Kyun
    • The Journal of Korean Medical History
    • /
    • v.27 no.2
    • /
    • pp.127-134
    • /
    • 2014
  • Objectives : The Syndromes of Daecheongryongtang (大靑龍湯證) and Mahwangtang (麻黃湯證) are similar in pathogenesis. However, both syndromes have a different pathogenesis. So we will try to distinguish the difference between the two syndromes. In addition, we'll see about 40 provision. Methods : Examine the claims of the syndrome of Daecheongryongtang in "Sang Han Lon" (傷寒論). The scholar's claims are not all same. Thus, we analysis the claims of many scholars. Results and Conclusions : The Syndromes of Daecheongryongtang and Mahwangtang are similar in pathogenesis. However, the Syndrome of Daecheongryongtang is different from that the sweat purgations in exterior of the body caused by heat in the interior. The pathogenesis of 39 and 40 provisions are different. 40 provision is more severe symptoms than 39 provision in the stagnation. So 40 provision used the term "fazhi (發之)".

A case of functional abdominal pain with Gyejiyimahwangyil-tang (계지이마황일탕(桂枝二麻黃一湯) 투여 후 호전된 기능성 복통 1례)

  • Kim, Seulki
    • 대한상한금궤의학회지
    • /
    • v.11 no.1
    • /
    • pp.27-34
    • /
    • 2019
  • Objective : The purpose of the present study was to report the improvement of functional abdominal pain in a patient treated with a herb medication based on a disease pattern identification diagnostic system under the provision of Shanghanlun (DPIDS). Methods : According to DPIDS, the patient was diagnosed with Taeyang-byung, no. 25 provision, and was administered with Gyejiyimahwangyil-tang herb medication for 60 days. The severity of the abdominal pain was assessed with the five-point Likert scale. Results : The abdominal pain in the patient disappeared following treatment with Gyejiyimahwangyil-tang, which is described in the 25th provision of Shanghanlun. Conclusions : The present case report suggests that '瘧', a word in the 25th provision of Shanghanlun may indicate severe abdominal pain at nighttime and not just malaria.

Comparison of code provisions on lap splices

  • Canbay, Erdem
    • Structural Engineering and Mechanics
    • /
    • v.27 no.1
    • /
    • pp.63-75
    • /
    • 2007
  • The code provisions on lap splices are critically assessed in the light of 203 beams without transverse reinforcement and 278 beams with transverse reinforcement. For comparison, the provisions given in the ACI 318, Eurocode 2, and TS 500 Codes are considered. The ACI Committee 408 recommended provision and a new proposal are also taken into account throughout the assessment. The comparison with real beam tests where the splice region was subjected to constant moment indicates that current provisions in the Codes do not agree acceptably with test results. The steel stress prediction graphs calculated by means of the Code provisions show high scatter and remain unsafe especially for test data without transverse reinforcement. Both the recent recommended provision by ACI Committee 408 and a new design expression proposed by the author have much less scatter with fewer unsafe predictions. The simplified design provision proposed by ACI Committee 408 does not yield similar results to that of the advanced design provision proposed by the same committee and therefore it could conveniently be replaced with the simpler equation proposed by the author.

Comparison of the oral health status before and after preventive scaling using the provision of national health insurance: The 5th-6th Korea National Health and Nutrition Examination Survey (예방적인 스케일링의 건강보험적용 시기에 따른 치과 의료기관 이용과 구강건강상태 전·후 차이 비교 :국민건강영양조사 제5기와 제6기 자료를 활용하여)

  • Kang, Hyun-Kyung;Kim, Yu-Rin
    • Journal of Korean society of Dental Hygiene
    • /
    • v.19 no.5
    • /
    • pp.765-776
    • /
    • 2019
  • Objectives: The purpose of this study was to compare the oral health statuses pre- and post-insurance using the $5^{th}$ and $6^{th}$ National Health and Nutrition Examination Survey data to confirm the effect of scaling insurance after a year. Methods: Data were analyzed using IBM SPSS ver. 21.0 (IBM Co., Armonk, NY, USA). The four years were integrated, and a composite sample analysis was performed. A total of 26,990 people were included in the study before applying for scaling insurance (14,343 persons) or after receiving scaling insurance (12,647 persons). A chi-squared test was performed to compare the demographic characteristics and oral health status of the subjects. The significance level of the statistical test was 0.05. Results: The proportion of patients without implants was high before the provision of scaling insurance once a year, however, the proportion of patients with one or more implants was high (p<0.05) after the provision of scaling insurance once a year. Hemorrhagic periodontal tissues and tartar formation in periodontal tissues were highly prevalent before the provision of scaling insurance once a year, however, healthy periodontal tissues and formation of periodontal pockets were highly prevalent (p<0.05) after the provision of scaling insurance once a year. The decay, missing, and filled teeth index scores were higher before the provision of scaling insurance once a year (p<0.05). Conclusions: The aforementioned results showed that scaling once a year helps prevent or treat periodontal disease. In addition, we confirmed the effect of prevention on periodontal disease and dental caries, therefore, we expect it to develop into a stable policy.