• 제목/요약/키워드: short term study

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주식분할 공시에 대한 장·단기 효과: 결정요인 분석을 중심으로 (Short- and Long-Term Effects of Stock Split Disclosure: Exploring Determinants)

  • 이진훤;김경순
    • 아태비즈니스연구
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    • 제14권1호
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    • pp.73-91
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    • 2023
  • Purpose - The purpose of this study is to re-examine the disclosure effect of stock splits and long-term performance after stock splits using stock split data over the past 10 years, and infer the motivation (signal or opportunism) of stock splits. In addition, we focus on exploring the determinants of the short- and long-term market response to stock splits. Design/methodology/approach - We measure the short-term market response to a stock split and the long-term stock performance after the stock split announcement using the event study method. We analyze whether there is a difference in the long-term and short-term market response to a stock split according to various company characteristics through univariate analysis and regression analysis. Findings - In the case of the entire sample, a statistically significant positive excess return is observed on the stock split announcement date, and the excess return during the 24-month holding period after the stock split do not show a difference from zero. In particular, the difference between short-term and long-term returns on stock splits is larger in companies with a large stock split ratio, small companies, large growth potential, and companies with a combination of financial events after a stock split. Research implications or Originality - The results of this study suggest that at least the signal hypothesis for a stock split does not hold in the Korean stock market. On the other hand, it suggests that there is a possibility that a stock split can be abused by the manager's opportunistic motive, and that this opportunism can be discriminated depending on the size of the stock split, corporate characteristics, and financing plan.

계획적 행동이론 기반 상하이 및 안후이성 거주 중국 성인의 건강한 식행동의 장단기 의도와 관련된 요인 (Factors related to the short-term and long-term intentions of healthy eating among Chinese adults living in Shanghai and parts of Anhui Province of China using the theory of planned behavior)

  • 유아니;이승우;황지윤
    • Journal of Nutrition and Health
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    • 제55권1호
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    • pp.188-199
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    • 2022
  • 본 연구 결과, 상하이와 안후이성 지역에 거주하는 중국 성인에서 인지된 행동통제력은 과거 건강한 식행동 경험과 관계없이 건강한 식행동의 장단기 행동 의도에 대한 잠재적 결정요인으로 관찰되었다. 이러한 결과는 급변하는 경제 발전 중에서 만성질환 예방을 위해 건강한 식행동의 중요성을 강조하고 있는 중국에서 성인들의 건강한 식행동을 도울 수 있는 근거자료로 활용될 수 있을 것이다. 향후 중국 내 다양한 인구집단에서의 추가 연구나 대규모 조사연구 및 건강한 식행동을 위한 개인의 인지된 행동통제력을 강화하는 영양 중재나 영양교육 등에 본 연구결과가 의미있는 기초자료가 되기를 기대한다.

Detection of short-term changes using MODIS daily dynamic cloud-free composite algorithm

  • Kim, Sun-Hwa;Eun, Jeong;Kang, Sung-Jin;Lee, Kyu-Sung
    • 대한원격탐사학회지
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    • 제27권3호
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    • pp.259-276
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    • 2011
  • Short-term land cover changes, such as forest fire scar and crop harvesting, can be detected by high temporal resolution satellite imagery like MODIS and AVHRR. Because these optical satellite images are often obscured by clouds, the static cloud-free composite methods (maximum NDVI, minblue, minVZA, etc.) has been used based on non-overlapping composite period (8-day, 16-day, or a month). Due to relatively long time lag between successive images, these methods are not suitable for observing short-term land cover changes in near-real time. In this study, we suggested a new dynamic cloud-free composite algorithm that uses cut-and-patch method of cloud-masked daily MODIS data using MOD35 products. Because this dynamic composite algorithm generates daily cloud-free MODIS images with the most recent information, it can be used to monitor short-term land cover changes in near-real time. The dynamic composite algorithm also provides information on the date of each pixel used in compositing, thereby makes accurately identify the date of short-term event.

오지상승요법과 단기역동 정신치료에 대한 비교 연구 (A Comparative Study between Five Minds Mutual Restriction Therapy and Short-Term Dynamic Psychotherapy (STDP))

  • 정선영;김재영;조명의;고영탁
    • 동의신경정신과학회지
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    • 제27권2호
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    • pp.57-65
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    • 2016
  • Objectives The aim of this study was to develop a new Korean psychotherapeutic model in terms of emotion.Methods We compared the five minds mutual restriction therapy with short-term dynamic psychotherapy (STDP). We summarized 4 similarities and 4 differences of these two models of psychotherapy.Results 1. Short-term dynamic psychotherapy (STDP) needs active intervention of the therapist, with a restricted therapeutic focus and session. It blends with the present state of oriental neuropsychiatric clinics, and is suitable for Korean medical psychiatrists to apply short-term dynamic psychotherapy (STDP) to their clinical settings. 2. Short-term dynamic psychotherapy (STDP) and five minds mutual restriction therapy are similar, in that they both mainly use the emotions, needing restricted therapeutic focus and sessions, and active intervention of the therapist. 3. Short-term dynamic psychotherapy (STDP) and five minds mutual restriction therapy are different in their methods of arousing therapeutic emotion, the necessity of the patient being unconscious, the standard of patient selection, and the importance of follow up.Conclusions It is necessary to develop a new Korean psychotherapeutic model, which amalgamates the advantages of both methods of psychotherapy, and considers the present state of clinic. It is necessary that the Korean medical psychiatrists introspect themselves, since they are not merely therapists but also a role model for the patient.

전략적 제휴에서 판매촉진의 장.단기적 및 판매적.커뮤니케이션적 효과에 관한 연구 - 패밀리 레스토랑 산업을 중심으로 - (The Effects of Short-Term/Long-Term and Sales/Communication on Strategic Alliance Sales Promotions in the Family Restaurant Industry)

  • 유영진
    • 한국식생활문화학회지
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    • 제25권5호
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    • pp.589-597
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    • 2010
  • The purpose of this study was to investigate whether strategic alliance sales promotions have short-term or long-term or sales or communication effects in the family restaurant industry. The hypotheses were tested in family restaurant settings using a sample of customers visiting and enjoying food in the metropolitan city of Daegu. Empirical results confirmed that strategic alliance sales promotions had short-term and long-term effects, as well as sales and communication effects. Therefore, family restaurant managers should adopt or keep sales promotion strategic alliances with credit card companies. Furthermore, family restaurant managers should adopt or keep sales promotions with other companies. In a future study, more variables should be selected to test the sales promotion effects of strategic alliances.

Trade Liberalization and Customs Revenue in Vietnam

  • LE, Thi Anh Tuyet
    • The Journal of Asian Finance, Economics and Business
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    • 제7권8호
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    • pp.213-224
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    • 2020
  • The study assesses the impact of trade liberalization factors on changes in customs revenues in Vietnam. Research data was conducted between 2002 and 2017 on the official website of the Government's Web Portal and The World Bank. This paper uses the vector error correction model to estimate the short-term and long term relationship between data series. The results have proven that tariff reductions have a positive effect on short-term and long-term customs revenues in Vietnam. However, the implementation of other international commitments on trade liberalization has positive short-term and long-term negative impacts on customs revenues in Vietnam. The study's results also show that exchange rate has no effect on changes in customs revenues in the short term but it has a strong impact on increasing customs revenues in the long run. Based on these findings, the article also suggests a number of policies to ensure customs revenues in Vietnam in future. In order to ensure customs revenues, the government of Vietnam should: (1) having some policy to improve the efficiency of customs management in Vietnam; (2) Building appropriate VND exchange rate policy; (3) Establishing reasonable non - tariff barriers to prevent fraud and ovations cause losses in customs revenues.

Relative Contribution from Short-term to Long-term Flaring rate to Predicting Major Flares

  • Lim, Daye;Moon, Yong-Jae;Park, Eunsu;Park, Jongyeob;Lee, Kangjin;Lee, Jin-Yi;Jang, Soojeong
    • 천문학회보
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    • 제44권1호
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    • pp.52.3-52.3
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    • 2019
  • We investigate a relative contribution from short to long-term flaring rate to predicting M and X-class flare probabilities. In this study, we consider magnetic parameters summarizing distribution and non-potentiality by Solar Dynamics Observatory/Helioseimic and Magnetic Imager and flare list by Geostationary Operational Environmental Satellites. A short-term rate is the number of major flares that occurred in an given active region (AR) within one day before the prediction time. A mid-term rate is a mean flaring rate from the AR appearance day to one day before the prediction time. A long-term rate is a rate determined from a relationship between magnetic parameter values of ARs and their flaring rates from 2010 May to 2015 April. In our model, the predicted rate is given by the combination of weighted three rates satisfying that their sum of the weights is 1. We calculate Brier skill scores (BSSs) for investigating weights of three terms giving the best prediction performance using ARs from 2015 April to 2018 April. The BSS (0.22) of the model with only long-term is higher than that with only short-term or mid-term. When short or mid-term are considered additionally, the BSSs are improved. Our model has the best performance (BSS = 0.29) when all three terms are considered, and their relative contribution from short to long-term rate are 19%, 23%, and 58%, respectively. This model seems to be more effective when predicting active solar ARs having several major flares.

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혼합형 감각조절장애 아동에 대한 단기집중 감각통합치료 프로그램의 효과-사례보고 (The Effect of Short-Term Intensive Sensory Integration Therapy Program on a Child with Sensory Modulation Disorder(Mixed Pattern) : Case Study)

  • 김은영;지석연
    • 대한감각통합치료학회지
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    • 제4권1호
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    • pp.37-46
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    • 2006
  • Objective : This single-subject study explored the effect of short-term intensive sensory integration therapy program which was provided in a 2006 sensory integration treatment course on adaptive response of a four-year-girl with sensory modulation disorder(mixed pattern). Method : Based on results of the assessment to the child, her therapist offers an organized sensory integration program during four days. Results : Improvement of child's movement quality and variety in physical environment in therapy rooms and interaction with her therapist were observed. Conclusions : This report of the case will be helpful for occupational therapists who plan to intervent with a short-term intensive sensory integration therapy program. In addition, the need for consideration of consultation with the child's parents is discussed.

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단기 아동보호시설 연구 - 아동상담소와 청소년쉼터를 중심으로 - (A Study on Emergency Short Term Shelters)

  • 이옥
    • 아동학회지
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    • 제21권1호
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    • pp.163-178
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    • 2000
  • Institutions included in this study of emergency short term shelters for children in crisis included 2 public counseling centers providing short term protection services for children and 12 emergency shelters for runaway children located in a metropolitan city in Korea. The institutions were examined with respect to their establishment, management, and programs. The researcher visited and interviewed workers employed in the institutions. In additions, 12 children who had been cared for emergency shelters were surveyed with open-ended questions. The data consisted of information on founders, locations, purpose, current management, personnel, length of care, and number and grouping of children. Programs and daily schedules were also examined. Effective models of emergency short term shelters were discussed on the basis of the collected data.

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PET 재활용 폴리머 콘크리트의 장기 크리프 거동 예측 (The Prediction of Long-Term Creep Behavior of Recycled PET Polymer Concrete)

  • 조병완;태기호;박종화;박성규
    • 한국콘크리트학회:학술대회논문집
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    • 한국콘크리트학회 2003년도 가을 학술발표회 논문집
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    • pp.445-448
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    • 2003
  • Polymer concrete using wastes PET recycled resin that is, in general, more excellent mechanical properties than portland cement concrete. A lot of works are carried out about short-term properties of polymer concrete, however, little work has done to define their long-term properties, that is, sustain load such as creep. In this study will show the data that can long-term behavior of polymer concrete by short term creep test of polymer concrete that was affect to the temperature and the time to predict to long-term creep behavior. Then prediction equation was similar tendency that was comparing to short-term creep test and long-term creep test.

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