• The Journal of Asian Finance, Economics and Business
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• v.8 no.4
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• pp.857-861
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• 2021

The study aims to find the asymmetric effect in National Stock Exchange in which the Nifty50 is considered as proxy for NSE. A return can be stated as the change in value of a security over a certain time period. Volatility is the rate of change in security value. It is an arithmetical assessment of the dispersion of yields of security prices. Stock prices are extremely unpredictable and make the investment in equities risky. Predicting volatility and modeling are the most profuse areas to explore. The current study describes the association between two variables, namely, stock yields and volatility in equity market in India. The volatility is measured by employing asymmetric GARCH technique, i.e., the EGARCH (1,1) tool, which was used in building the study. The closing prices of Nifty on day-to-day basis were used for analysis from the period 2011 to 2020 with 2,478 observations in the study. The model arrests the lopsided volatility during the mentioned period. The outcome of asymmetric GARCH model revealed the subsistence of leverage effect in the index and confirms the impact of conditional variance as well. Furthermore, the EGARCH technique was evidenced to be apt in seizure of unsymmetrical volatility.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.5
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• pp.111-118
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• 2022

The purpose of this research is to evaluate the quality of non-financial information disclosure by companies listed on the Vietnamese stock exchange. In 2019, 140 annual reports from 140 companies listed on the Vietnam Stock Exchange were included in the research sample. The remaining 134 reports were eligible study after removing those that lacked essential data. Using the statistical software SPSS version 25 and Excel office software, the study has selected the data processing method and the disproportionate disclosure index method to evaluate the quality of non-financial information disclosure of companies. The findings of the study demonstrate that companies listed on the Vietnam stock exchange are particularly interested in giving non-financial information to financial statement consumers as required by law, although the level of disclosure is still inadequate. The findings also illustrate the varying levels of non-financial information disclosure by category of information, as well as substantial disparities between them (general information about the company, environmental and social information, corporate governance information, etc.). The findings of the study show that the majority of Vietnam's publicly traded enterprises are less interested in reporting environmental information.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.51 no.4
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• pp.535-544
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• 2015

Yield per recruit model is the most popular method for fisheries stock assessment. However, stock assessment using yield per recruit model can lead to recruitment overfishing as this model only considers the maximum yield per recruit without spawning biomass for reproduction. For this reason, spawning biomass per recruit model which reveals variations of spawning stock biomass per fishing mortality (F) and age at first capture ($t_c$) is considered as more proper method for stock assessment. There are mainly two methods for spawning biomass per recruit model known as age specific selectivity method and knife-edged selectivity method. In the knife-edged selectivity method, the spawning biomass per recruit has been often calculated using biomass per recruit value by multiplying the maturity ratio of the recruited age. But the maturity ratio in the previous method was not considered properly in previous studies. Therefore, a new method of the knife-edged selectivity model was suggested in this study using a weighted average of the maturity ratio for ages from the first capture to the lifespan. The optimum fishing mortality in terms of $F_{35%}$ which was obtained from the new method was compared to the old method for small yellow croaker stock in Korea. The value of $F_{35%}$ using the new knife-edged selectivity model was 0.302/year and the value using the old model was 0.349/year. However, the value of $F_{35%}$ using the age specific selectivity model was estimated as 0.320/year which was closer to the value from the new knife-edged selectivity model.

• Journal of Forest and Environmental Science
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• v.37 no.3
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• pp.193-205
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• 2021

The importance of forests and trees in climate change mitigation and soil nutrient cycling cannot be overemphasized. This study assessed the above-ground carbon stock of two exotic and two indigenous tree species - Gmelina arborea, Tectona grandis, Khaya grandifoliola and Nauclea diderrichii and their litter impact on soil nutrient content of an arboretum within the University of Port Harcourt, Nigeria. Data were collected from equal sample plots from the four species' compartments. Tree growth variables including total height, diameter at breast height, crown height, crown diameter and merchantable height were measured for the estimation of above-ground carbon stock. Soil samples were collected from a depth of 0-30 cm from each compartment and analyzed for particle size distribution, organic carbon, total nitrogen, available phosphorus, exchangeable bases, exchangeable acidity, cation exchange capacity, base saturation, pH, Manganese, Iron, Copper and Zinc. Analysis of Variance (ANOVA) was used to test for significant difference (p<0.05) in the carbon contents of the four species and the soil nutrient contents of the different species' compartments. Pearson correlation was used to assess the relationships between the carbon contents, growth parameters and soil parameters. The highest and lowest carbon stock per hectare was observed for G. arborea (151.52 t.ha^-1) and K. grandifoliola (45.45 t.ha^-1) respectively. Cation exchange capacity and base saturation were highest and lowest for soil under G. arborea and K. grandifoliola respectively. The pH was highest and lowest for soil under G. arborea and T. grandis respectively. Carbon stock correlated positively with dbh, crown diameter, merchantable height and Zn and negatively with base saturation. The study revealed that G. arborea and N. diderrichii can effectively be used for reforestation and afforestation programmes aimed at climate change mitigation across Nigeria. Therefore, policies to encourage and enhance their planting should be encouraged.

• Korean Journal of Fisheries and Aquatic Sciences
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• v.55 no.2
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• pp.183-188
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• 2022

It is a difficult task to estimate parameters in even a simple stock assessment model such as a surplus production model, using only data about temporal catch-per-unit-effort (CPUE) (or survey index) and fishery yields. Such difficulty is exacerbated when time-varying parameters are treated as random effects (aka state variables). To overcome the difficulty, previous studies incorporated somewhat subjective assumptions (e.g., B₁=K) or informative priors of parameters. A key is how to build an objective joint prior of parameters, reducing subjectivity. Given the limited data on temporal CPUEs and fishery yields from 1999-2020 for common squid Todarodes pacificus, we built a joint prior of only two parameters, intrinsic growth rate (r) and carrying capacity (K), based on the resilience level of the population (Froese et al., 2017), and used a Bayesian state-space production assessment model. We used template model builder (TMB), a R package for implementing the assessment model, and estimating all parameters in the model. The predicted annual biomass was in the range of 0.76×10⁶ to 4.06×10⁶ MT, the estimated MSY was 0.13×10⁶ MT, the estimated r was 0.24, and the estimated K was 2.10×10⁶ MT.

• Proceedings of the Korean Society of Precision Engineering Conference
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• 2004.10a
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• pp.1105-1108
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• 2004

This paper describes the structural analysis result and load test result of accident EMU(Electric Multiple Units). Structural analysis and load test of EMU were performed for the criteria of safety assessment. Structural analysis using commercial I-DEAS software provided important information on the stress distribution and load transfer mechanisms as well as the amount of damages during rolling stock crash. The purpose of the load test is to evaluate a safety which carbody structure shall be considered fully sufficient rigidity so as to satisfy proper system function under maximum load and operating condition. The results have been used to provide the critical information for the criteria of safety assessment.

• Smart Structures and Systems
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• v.5 no.2
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• pp.173-191
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• 2009

Civil infrastructures are always subjected to various types of hazard and deterioration. These conditions require systematic efforts to assess the exposure and vulnerability of infrastructure, as well as producing strategic countermeasures to reduce the risks. This paper describes the needs for and concept of advanced sensor technologies for risk assessment of civil infrastructure in Japan. Backgrounds of the infrastructure problems such as natural disasters, difficult environment, limited resource for maintenance, and increasing requirement for safety are discussed. The paper presents a concept of risk assessment, which is defined as a combination of hazard and structural vulnerability assessment. An overview of current practices and research activities toward implementing the concept is presented. This includes implementation of structural health monitoring (SHM) systems for environment and natural disaster prevention, improvement of stock management, and prevention of structural failure.

• Journal of the Korean housing association
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• v.27 no.4
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• pp.23-32
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• 2016

The necessity of remodeling performance grading system is getting increased for the systematic management of existing housing stock, providing the resident's right to know and promoting the remodeling projects. A quantitative and objective evaluation method that has reflected the characteristics of remodeling must be developed because there is an aspect of having difficulty of assessment by an ordinary person as remodeling performance contains specialized details while the difficulty of applying the criteria of new buildings in terms of assessment items, criteria and methods. Accordingly, this study sets the goal as setting up the development objectives of performance grading system that has considered the remodeling characteristics. This study has analyzed the various assessment systems related to the domestic apartments as well as setting up the organization system of the remodeling performance grading system, perspectives of performance assessment and scope of assessment through literature, etc. It has also established the principles for setting up the assessment items of remodeling performance grade to present the directions for setting up assessment items and criteria.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.44 no.4
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• pp.345-352
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• 2008

A self-regulatory community fisheries management program in Korea is designed to enhance fisheries resources, to protect fishing grounds of self-regulatory communities, and to manage their fisheries resources by their own regulations and knowledge. This study explored an applicable ecosystem-based management plan based on the scientific investigation and analysis. This study suggested objectives, indicators and reference points of the ecosystem-based resource management system which are applicable to selfregulatory community fisheries. The objectives of the management system are to maintain sustainable fisheries production, to maintain optimum fishing intensity, to reduce by-catch, to conserve spawning ground and habitat, to maintain optimum habitat environment, to increase/maintain abundance of prey species, to increase/maintain stock biomass, and to conduct stock enhancement on the basis of scientific assessment. The improved methods for the assessment and management are introduced by demonstrating a self-regulatory fishery which targets on hen clam in Dong-li fishing village in Busan.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.51 no.3
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• pp.448-453
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• 2015

This study was performed to estimate biomass and to provide management plan through population ecological characteristics, including survival rate, instantaneous coefficient of natural and fishing mortalities, and age at first capture of Flathead grey mullet, Mugil cephalus, in the coastal waters of Yeosu. Survival rate (S) of the flathead grey mullet was 3.671. The instantaneous coefficients of natural mortality (M) and fishing mortality (F) was estimated to be 0.325/year, 0.962/year for flathead grey mullet. Also fist capure age of flathead grey mullet was 3.61year. The current biomass of the flathead grey mullet in the study area was estimated to be 19.6 M/T and $F_{0.1}$ and $F_{40%}$ were estimated 0.340/year, 0.225/year. For the stock assessment result, flathead grey mullet was not overfished but overfishing.