• Title/Summary/Keyword: risk factor analysis

Search Result 2,344, Processing Time 0.031 seconds

Risk Factor Analysis and Ergonomics Improvements in a Shipbuilding Industry (조선업종의 유해요인조사 및 인간공학적 개선)

  • Oh, Soon-Yong;Jeong, Byung-Yong
    • Journal of the Ergonomics Society of Korea
    • /
    • v.24 no.1
    • /
    • pp.27-35
    • /
    • 2005
  • This paper describes a practical ergonomic approach for the shipbuilding industry that occupies the highest rate of work-related musculoskeletal disorders (WMSD) in Korea. Typical work processes within a shipbuilding operation were surveyed to determine the presence of risk factors associated with musculoskeletal disorders. We used interviews, document analysis, video analysis, and OWAS postural analysis to identify and quantify ergonomic risk factors that workers may be exposed to in the course of their normal work duties. Some ergonomics actions were performed to solve the problems identified in the risk factor analysis. The practical ergonomic approach has resulted in decreases in workers' accident, and increases in productivity. The ergonomic solutions developed in this study could be applied to other sectors of industry that share common features of work with shipbuilding industry.

A Study on the Relations among Stock Return, Risk, and Book-to-Market Ratio (주식수익률, 위험, 장부가치 / 시장가치 비율의 관계에 관한 연구)

  • Kam, Hyung-Kyu;Shin, Yong-Jae
    • Journal of Industrial Convergence
    • /
    • v.2 no.2
    • /
    • pp.127-147
    • /
    • 2004
  • This paper examines the time-series relations among expected return, risk, and book-to-market(B/M) at the portfolio level. The time-series analysis is a natural alternative to cross-sectional regressions. An alternative feature of the time-series regressions is that they focus on changes in expected returns, not on average returns. Using the time-series analysis, we can directly test whether the three-factor model explains time-varying expected returns better than the characteristic-based model. These results should help distinguish between the risk and mispricing stories. We find that B/M is strongly associated with changes in risk, as measured by the Fama and French(1993) three-factor model. After controlling for changes in risk, B/M contains little additional information about expected returns. The evidence suggests that the three-factor model explains time-varying expected returns better than the characteristic-based model.

  • PDF

Idiosyncratic Volatility, Conditional Liquidity, and Cross-section of Stock Returns in Korea (고유변동성, 조건부 유동성, 그리고 주식수익률의 횡단면에 관한 연구)

  • Yun, Sang-Yong;Cho, Seong-Soon;Park, Soon-hong
    • Asia-Pacific Journal of Business
    • /
    • v.12 no.1
    • /
    • pp.121-134
    • /
    • 2021
  • Purpose - This study examines whether flight-to-liquidity (FTL) explains the dynamic liquidity risk on stock returns, and whether it has a significant influence on determinants the cross-section of stock returns. Design/methodology/approach - This study suggests a new risk factor, dynamic liquidity hedge portfolio (DLP), to reflect the dynamic impact of liquidity risk on stock returns and the Fama-MacBeth 2 stage regression analysis is employed in order to analyze the data. Findings - First, the DLP factor shows more positive and significant beta for the small or illiquidity stocks. Second, the DLP shows a different influence than SMB (size risk factor), HML (value risk factor), NMP (liquidity risk factor), FTVOL (total volatility factor) in determining the cross-section of stock returns. In addition, the DLP has a statistically significant risk premium of around 5%, which is relatively larger than other risk factors. Research implications or Originality - This study has academic value in terms of newly confirming that the DLP factor has a more significant impact on cross-sectional determination of stock returns than other risk factors by proposing a conditional liquidity factor that can explain the FTL phenomenon.

The Sensitivity Comparison of Each Risk Factors Analysis on Renewable Energy and Other Generating Technologies (신재생 에너지와 기존 발전기술과의 투자리스크 요인별 민감도 비교)

  • Koh, Kyung-Ho;Park, Se-Ik
    • New & Renewable Energy
    • /
    • v.7 no.4
    • /
    • pp.10-17
    • /
    • 2011
  • Recently, electricity industry is facing high market uncertainty which has ever had and which increase risks in power market. In this study, we analyze risk factors such as discount rates, initial investment (overnight cost), plant factor, fuel cost, carbon price, etc, for the perspective of investor. For the analysis of risk factors, we used LCOE method. The results of this study show that renewable energy is more affected by plant factor and overnight cost than other risk factors. First, Renewable energy has higher proportion of overnight cost in the total investment than that of other technologies. Second, renewable energy is free of fuel cost and carbon price so plant factor is the most important factor, in other words, competitiveness of renewable energy depends on plant factor. Furthermore, we conducted economic feasibility of wind power and PV in domestic case study. The minimum requirement condition to get profitability is that plant factor 15% and overnight cost \6,000,000/kW and 26%, \2,200,000/kW for PV and Wind Power, respectively.

The Effect of Fashion Consumer's Browsing Motives and Risk Perception on Purchase Intention in Social Commerce (소셜커머스에서 패션제품 소비자의 브라우징 동기, 위험지각이 구매의도에 미치는 영향)

  • Woo, Seung Hyun;Hwang, Jin Sook
    • Journal of the Korean Society of Clothing and Textiles
    • /
    • v.37 no.6
    • /
    • pp.772-785
    • /
    • 2013
  • This study investigated the effects of fashion consumer's browsing motives and risk perception on impulse buying and purchase intention in social commerce. The online survey results of 317 customers who experienced using fashion products via social commerce were used for the final analysis. Exploratory factor analysis, reliability analysis, and frequency analysis were conducted using SPSS 18.0, and confirmatory factor analysis and path analysis were performed with AMOS 18.0. Three browsing motives (hedonic motive, rational motive, and informational motive) and three risk perceptions (products-related risk, customer service risk, and opportunity loss risk) were identified. The results from the structure equation model were as follows. 1) It was deducted that the browsing motive did not have a significant effect on risk perception due to the rejection of most of the hypotheses in regards to the browsing motive influence on risk perception. 2) Product-related risk and customer service risk had a significantly negative effect on purchase intention. Opportunity loss risk had significantly positive effect on impulse buying and purchase intention. 3) Hedonic browsing motive had a significant effect on impulse buying, and rational motive had a significant effect on impulse buying and purchase intention. The informational browsing motive had a significant effect only on purchase intention.

A study on the Importance of Risk Factor for Falling Accident in Construction Site (건설현장 추락재해의 위험요인 중요도 분석 연구)

  • Kim, Do-Su;Shin, Yoon-Seok
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2018.11a
    • /
    • pp.63-64
    • /
    • 2018
  • The construction industry is one of the most prolific disaster-prone industries, particularly those that suffer from falling disasters compared to other industries. The safety accident at the construction site leads to social problems caused by massive loss of life and property, so it needs to be extra careful. The reason why falls are the most frequent accidents of the types of construction accidents is due to the analysis of the risk factors of safety accidents and the development of various construction methods. Therefore, in this study, the accident case for the fallen victims of construction site was analyzed and the risk factor was selected. Based on the safety expert survey, an importance analysis was performed. In conclusion, this study analyzes various risk factors that affect the occurrence of falls, identifies the importance of each factor, and presents basic data for safety accident prevention activities.

  • PDF

The Effect of Service Quality Estimation and Perceived Risk on Purchase Intention and Satisfaction of the Fashion Merchandise to Internet Shopping Malls (서비스 품질 평가와 지각된 위험이 인터넷 쇼핑몰에서의 패션상품 구매의도 및 만족에 미치는 영향)

  • Lee, Eun-Jin;Hong, Byung-Sook
    • Journal of the Korean Home Economics Association
    • /
    • v.44 no.5 s.219
    • /
    • pp.79-87
    • /
    • 2006
  • The purpose of this study is to analyze whether service quality and perceived risk have an effect on purchase intention and satisfaction of the fashion merchandise in internet shopping malls. To this end, a survey was conducted from June 20 to July 30 in 2005, among married women aged in their 20s and 30s, on their purchase experience of fashion merchandise from internet shopping malls. The survey was conducted over the internet with 306 subjects. The statistical analysis methods were frequency analysis, reliability analysis, factor analysis, and multiple regression analysis. First, the service quality factors were determined to be reliability, responsibility, ease of transaction, order convenience, and site characteristics. Perceived risk factors were determined to be merchandise risk, information exposure risk, social psychological risk, and function risk. Second, service quality factors of responsibility, ease of transaction, order convenience, site characteristics and perceived risk factor of social psychological risk had an effect on internet purchase intention of the fashion merchandise. Greater site use convenience, lower price, simpler ordering, and lower social psychological risk were all positively correlated with higher internet purchase intention of fashion merchandise. Third, nice quality factors and social psychological risk had an effect on satisfaction degree in internet shopping.

The Correlation of Pulse Wave Velocity and Atherosclerotic Risk Factor in Stroke Patients

  • Jin, Bok Hee;Han, Min Ho
    • Korean Journal of Clinical Laboratory Science
    • /
    • v.47 no.1
    • /
    • pp.28-34
    • /
    • 2015
  • Pulse wave velocity (PWV) is used to non-invasively estimate the severity of arteriosclerosis by measuring arterial stiffness. Increased arterial stiffness measured by PWV stands for progressive arteriosclerosis and is caused by atherosclerotic risk factors. This study is focused on how brachial-ankle pulse wave velocity (baPWV) is related to the leading risk factors for arteriosclerosis or atherosclerosis. Subjects were 114, 69 males and 45 females who are in 60's and had baPWV test for acute stroke. The results are as follows: the group with increased arterial stiffness showed significant increase in HbA1c, total cholesterol, BSBP (brachial artery systolic blood pressure), BDBP (brachial artery diastolic blood pressure), CSBP (central artery systolic blood pressure), CDBP (central artery diastolic blood pressure), augmentation index (AIx) and diabetes mellitus. Correlation analysis between baPWV and atherosclerotic risk factor showed significant relationship in age, HbA1c, LDL cholesterol, BSBP, BDBP, CSBP, CDBP and augmentation index. baPWV was independently related to age and BSBP in multiple linear regression analysis. The group with increased arterial stiffness was independently related to BDBP in multiple logistic regression analysis. This study might be meaningful in evaluating the relationship between arterial stiffness and atherosclerotic risk factor in a new way, and be helped to make various studies for cardiovascular disease.

Risk management applicable to shield TBM tunnel: I. Risk factor analysis (쉴드 TBM 터널에 적용 가능한 리스크 관리: I. 리스크 요인 분석)

  • Hyun, Ki-Chang;Min, Sang-Yoon;Moon, Joon-Bai;Jeong, Gyeong-Hwan;Lee, In-Mo
    • Journal of Korean Tunnelling and Underground Space Association
    • /
    • v.14 no.6
    • /
    • pp.667-681
    • /
    • 2012
  • In general, risk management consists of a series of processes or steps including risk identification, risk analysis, risk evaluation, risk mitigation measures, and risk re-evaluation. In this paper, potential risk factors that occur in shield TBM tunnels were investigated based on many previous case studies and questionaries to tunnel experts. The risk factors were classified as geological, design or construction management features. Fault Tree was set up by dividing all feasible risks into four groups that associated with: cutter; machine confinement; mucking (driving) and segments. From the Fault Tree Analysis (FTA), 12 risk items were identified and the probability of failure of each chosen risk item was obtained.

A Study on the Development of Work Activity Check List by Factor Analysis (요인분석을 통한 공종별 체크리스트 작성에 관한 연구)

  • 이재옥;윤여완;김천학;양극영
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2002.11a
    • /
    • pp.95-98
    • /
    • 2002
  • The purpose of this study was to Estimation the Risk of construction method to protect and reduce the risk of construction period. For this study we are using the pre and during construction period Inspection list. The inspection list was used by construction company for check a flaw of construction field. So we rearrange the individual item of inspection list to match the Risk factor, The results of this study were as follows: The inspection list was rearranged at Risk checklist for Risk estimation. So that we estimate the Risk of individual construction method.

  • PDF