• 제목/요약/키워드: risk index model

검색결과 500건 처리시간 0.026초

Factors Affecting Bankruptcy Risks of Firms: Evidence from Listed Companies on Vietnamese Stock Market

  • TRUONG, Thanh Hang;NGUYEN, La Soa
    • The Journal of Asian Finance, Economics and Business
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    • 제9권3호
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    • pp.275-283
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    • 2022
  • This study aims to investigate the influence of internal factors on the bankruptcy risk of an enterprise through a sample of 439 companies listed on the Vietnamese stock exchange. The research collected secondary data from annual audited financial statements from 2008 to 2019 of listing companies. Using two different regression models with two dependent variables, six independent and control variables, we discovered that three of the model's six factors, namely return on total assets, current payment rate, and financial leverage, influence the risk of bankruptcy and account for 86.78% of the variations in firm bankruptcy risk. Financial leverage has the opposite effect on the Z-score index, increasing the risk of bankruptcy of listed firms. Return on total assets and current ratio have a positive impact on the Z-score index, reducing the risk of bankruptcy of listed companies. The findings also revealed that there is no evidence that the size of a corporation, its fixed asset investment ratio, or the size of an auditing firm have an impact on the Z-score index. These findings provide crucial evidence for business owners and managers, as well as shareholders making future capital investment decisions. Our findings can be applied to other businesses in Vietnam and similar jurisdictions.

청소년들의 인터넷 중독과 우울 및 자살생각과의 연관성 (Internet Addiction, Depression and Suicidal Ideation among Adolescents)

  • 전은령;이헌정;천병철
    • 한국학교보건학회지
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    • 제25권2호
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    • pp.214-221
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    • 2012
  • Purpose: This study was to assess the association of internet addiction and depression, stress and suicidal ideation among adolescents. Methods: The authors have surveyed 2 middle schools and 2 high schools located in Seoul and analyzed 525 questionnaires. The questionnaire included the Internet Addiction Self Diagnosis Index (K-index), Child Depression Index (CDI), Stress Index and Reynold's Suicidal Ideation Index. Structural equational model analysis was done to explore the association between internet addiction and suicidal ideation. Results: The adolescent internet addiction groups were classified as the high risk group 12 (2.3%), the potential risk group 64 (12.2%) and the normal group 449 (85.5%). When classified according to sex, the high risk group is consisted of 8 (3.9%) boys, 4 (1.3%) girls and the potential risk group is consisted of 41 (64.1%) boys and 23 (35.9%) girls which leads to the conclusion that boys are relatively more addicted compared with girls. The group with more addiction showed higher depression scores, stress scores and suicidal ideation scores. The correlation analysis showed the significant relations between internet addiction and depression (r=0.263), stress (r=0.265) and suicidal ideation (r=0.284). According to the structural equation model analysis, internet addiction had direct effects on the depression and indirect effects on suicidal ideation. Stress had the significant direct effects on both internet addiction and depression. Depression had a significant direct effect on suicidal ideation. Conclusion: Internet addiction affects directly and indirectly an depression and suicidal ideation among adolescent.

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Avoidable Burden of Risk Factors for Serious Road Traffic Crashes in Iran: A Modeling Study

  • Shadmani, Fatemeh Khosravi;Mansori, Kamyar;Karami, Manoochehr;Zayeri, Farid;Shadman, Reza Khosravi;Hanis, Shiva Mansouri;Soori, Hamid
    • Journal of Preventive Medicine and Public Health
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    • 제50권2호
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    • pp.83-90
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    • 2017
  • Objectives: The aim of this study was to model the avoidable burden of the risk factors of road traffic crashes in Iran and to prioritize interventions to reduce that burden. Methods: The prevalence and the effect size of the risk factors were obtained from data documented by the traffic police of Iran in 2013. The effect size was estimated using an ordinal regression model. The potential impact fraction index was applied to calculate the avoidable burden in order to prioritize interventions. This index was calculated for theoretical, plausible, and feasible minimum risk level scenarios. The joint effects of the risk factors were then estimated for all the scenarios. Results: The highest avoidable burdens in the theoretical, plausible, and feasible minimum risk level scenarios for the non-use of child restraints on urban roads were 52.25, 28.63, and 46.67, respectively. In contrast, the value of this index for speeding was 76.24, 37.00, and 62.23, respectively, for rural roads. Conclusions: On the basis of the different scenarios considered in this research, we suggest focusing on future interventions to decrease the prevalence of speeding, the non-use of child restraints, the use of cell phones while driving, and helmet disuse, and the laws related to these items should be considered seriously.

로그SV 모형을 이용한 자산의 가치평가에 관한 연구: VKOSPI 지수 (Asset Pricing From Log Stochastic Volatility Model: VKOSPI Index)

  • 오유진
    • 응용통계연구
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    • 제24권1호
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    • pp.83-92
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    • 2011
  • 주식은 그 자체로도 투자의 대상이며, 또한 옵션의 기초자산으로서 옵션의 가격을 평가하는 기본도구로 사용되고 있기에, 주식에 대한 정확한 예측값 도출은 매우 중요하다고 불 수 있다.주식의 가치평가를 위하여 기존 연구들은 대표적으로 GARCH 류의 모형과 SV(stochastic volatility, 확률변동성)류의 모형을 사용하였다. 본 연구에서는 SV 모형에 대해서 초점을 맞추어 KOSPI200 지수를 실증분석하였다. 특히 Durham (2008)의 방법론에 따라서 로그 SV 모델에 변동성지수(VKOSPI 지수)를 추가로 고려하여 모델의 정확도 향상을 기대하였다. VKOSPI 지수는 KOSPI200의 옵션으로부터 계산된 미래에 대한 기대 변동성으로, 주식과 옵션간의 유기적 관련성을 바탕으로 추정하기에 그 의미가 있다. 자료는 2003년 1월2일부터 2010년 9월 24일을 기간으로 사용하였다.

방사선투과검사작업장 위험성 평가를 위한 방사선 위해도 지수 모델 주요인자 선정에 관한 연구 (A Study on the Selection of the Main Factors of Radiation Risk Index Model for assessing risk in Nondestructive Test workplace)

  • 권다영;한지영;배유정;김병수;김용민
    • 한국방사선학회논문지
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    • 제12권4호
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    • pp.459-466
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    • 2018
  • 방사선작업종사자 및 방사선작업장의 위험성은 주로 피폭선량 값으로 평가되고 있다. 하지만, 방사선작업장은 사용하는 방사선 및 작업환경이 상이하다. 특히, 방사선투과검사작업장은 작업대상물, 차폐체 사용가능 유무 등에 따라 작업환경이 다양하다. 따라서 효율적인 방사선 방호를 위해서는 여러 가지 인자들을 검토하는 것이 필요하다. 이에 전문가 및 조장 방사선작업종사자들 대상으로 설문조사를 수행하였으며, 그 결과, 방사선원, 방사선피폭선량, 작업장관리현황, 판독특이자, 정기검사현황이 주요인자로 선정되었다. 또한, 설문조사 중요도를 바탕으로 1차 가중치(안)을 설정한 후 2차적으로 전문가 자문을 통해 인자 내 세부항목별 가중치를 선정하였다. 따라서 본 연구를 통해 선정된 주요인자를 바탕으로 하여 방사선투과검사작업장 위해도 지수 모델 개발이 가능할 것으로 판단된다.

Investigating the Incidence of Prostate Cancer in Iran 2005-2008 using Bayesian Spatial Ecological Regression Models

  • Haddad-Khoshkar, Ahmad;Koshki, TohidJafari;Mahaki, Behzad
    • Asian Pacific Journal of Cancer Prevention
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    • 제16권14호
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    • pp.5917-5921
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    • 2015
  • Background: Prostate cancer is the most commonly diagnosed form of cancer and the sixth leading cause of cancer-related deaths among men in the entire world. Reported standardized incidence rates are 12.6, 61.7, 11.9 and 27.9 in Iran, developed countries, developing countries and the entire world, respectively. The present study investigated the relative risk of PC in Iran at the province level and also explored the impact of some factors by the use of Bayesian models. Materials and Methods: Our study population was all men with PC in Iran from 2005 to 2008. Considered risk factors were smoking, fruit and vegetable intake, physical activity, obesity and human development index. We used empirical and full Bayesian models to study the relative risk in Iran at province level to estimate the risk of PC more accurately. Results: In Iran from 2005 to 2008 the total number of known PC cases was 10,361 with most cases found in Fars and Tehran and the least in Ilam. In all models just human development index was found to be significantly related to PC risk Conclusions: In the unadjusted model, Fars, Semnam, Isfahan and Tehran provinces have the highest and Sistan-and-Baluchestan has the least risk of PC. In general, central provinces have high risk. After adjusting for covariates, Fars and Zanjan provinces have the highest relative risk and Kerman, Northern Khorasan, Kohgiluyeh Boyer Ahmad, Ghazvin and Kermanshah have the lowest relative risk. According to the results, the incidence of PC in provinces with higher human development index is higher.

해상교통관제사의 위험태도 분석을 통한 선박 충돌 위험도 연구 (A Study on the Degree of Collision Risk through Analysing the Risk Attitude of Vessel Traffic Service Operators)

  • 이진석;송재욱
    • 한국항해항만학회지
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    • 제41권3호
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    • pp.93-102
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    • 2017
  • 일반적으로 VTSO(Vessel Traffic Service Operator)는 양 선박의 충돌위험 정도를 판단할 때, 선박들의 침로와 속력, DCPA(Distance to CPA)와 TCPA(Time to CPA) 그리고 양 선박의 조우 상황 등을 종합적으로 고려한다. 이에 본 연구에서는 VTS(Vessel Traffic Service) 관점에서의 선박충돌위험을 예측하는 방법으로 위험지수(Risk Index, RI)를 선박 조우 상황에 따른 위험, 선박 간 근접거리에 따른 위험 그리고 접근시간에 따른 위험으로 나누어 구하고, VTSO의 위험 태도를 반영한 충돌 위험도를 제안하였다. 위험지표의 각 계수와 위험 태도는 VTSO 설문을 실시하여 구하였고, 제안한 위험도의 타당성 검증을 위하여 부산항의 실제 사고 사례에 ES(Environmental Stress) 모델의 교통 환경 스트레스치($ES_S$)을 함께 적용하여 유효성을 확인하였다.

Consideration of the Possibility of Excursion Ship Passage in Busan North Port using Marine Traffic Assessment Index

  • Park, Young-Soo;Lee, Myoung-ki;Kim, Jin-kwon;Lee, Yun-Sok;Park, Min-Jeong
    • 해양환경안전학회지
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    • 제25권3호
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    • pp.298-305
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    • 2019
  • The demand for the revitalization of marine tourism in Busan North Port is increasing due to changes in functions such as an increase in harbor traffic volume and the expansion of marine leisure space in Busan. As a result, Busan City plans to set a phased alleviation target for prohibition of cruise ship operations, and to lift the prohibition of excursion ship operations in North Port following the cancellation of the prohibition of excursion ship operations in South Port in 2017. The purpose of this study is to evaluate the risk of excursion ship operations in Busan North Port by applying the marine traffic assessment index and to examine the possibility of excursion ship operations. For this purpose, port status, marine accidents, and traffic flow of Busan North Port were investigated. In addition, marine traffic assessment indexes, such as traffic congestion, risk based on an ES Model, and IWRAP MkII, a maritime risk assessment tool, were used to assess the risk and possibility of excursion ship operations in Busan North Port. This study can be used as basic data for analyzing the risk factors that may occur when excursion ships are operated in Busan North Port and to define how excursion ships should operate, with related safety measures.

Experimental investigation of predicting rockburst using Bayesian model

  • Wang, Chunlai;Chuai, Xiaosheng;Shi, Feng;Gao, Ansen;Bao, Tiancai
    • Geomechanics and Engineering
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    • 제15권6호
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    • pp.1153-1160
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    • 2018
  • Rockbursts, catastrophic events involving the violent release of elastic energy stored in rock features, remain a worldwide challenge for geoengineering. Especially at deep-mining sites, rockbursts can occur in hard, high-stress, brittle rock zones, and the associated risk depends on such factors as mining activity and the stress on surrounding rocks. Rockbursts are often sudden and destructive, but there is still no unified standard for predicting them. Based on previous studies, a new Bayesian multi-index model was introduced to predict and evaluate rockbursts. In this method, the rock strength index, energy release index, and surrounding rock stress are the basic factors. Values from 18 rock samples were obtained, and the potential rockburst risks were evaluated. The rockburst tendencies of the samples were modelled using three existing methods. The results were compared with those obtained by the new Bayesian model, which was observed to predict rockbursts more effectively than the current methods.