• 제목/요약/키워드: theory of evidence

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Capital Structure and Its Determinants: Evidence from Vietnam

  • NGUYEN, Tan Gia;NGUYEN, Lan;NGUYEN, Tuan Duc
    • The Journal of Asian Finance, Economics and Business
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    • 제8권10호
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    • pp.1-10
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    • 2021
  • This paper attempts to investigate the determinants of capital structure of Vietnamese firms and also shed light on some of the factors of the modern theory of capital structure which is relevant for explaining the capital structure in advanced countries which are also relevant in the context of Vietnam. Using panel data from more than 1000 Vietnamese listed enterprises census 2017-2020, the paper finds that leverage ratio of Vietnamese firms is significantly related to probability. The firms have high level of fixed assets which they use as collateral, resulting in higher debt ratio, which is in line with the pecking order theory. The result also confirm that highly targeted debt ratio is positively correlated with the industry characteristics (using real estate firms as a benchmark), in which firm operates. Furthermore, consistent with the trade-off hypothesis, the leverage ratio is positively affected by non - debt tax shield. The result confirms that a large number of companies are state - owned, will have an insignificant impact of firm's size (as reverse proxy for bankruptcy cost) on leverage ratio. We also find that there is no distinction between state-owned enterprises and private enterprises due to strict adherence to the rules set by the Vietnamese government. Distinct from other countries, corporate income tax has slight impact on capital structure in Vietnamese firms.

The Effect of International Capital Flows on Corporate Capital Structures: Empirical Evidence from Vietnam

  • TRAN, Tung Van;HOANG, Tri M.
    • The Journal of Asian Finance, Economics and Business
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    • 제8권4호
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    • pp.263-276
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    • 2021
  • This study examines the effect of international capital flows on corporate capital structures in Vietnam by analyzing panel data from all non-financial listed firms from 2005 to 2014 using pooled ordinary least square (OLS) with a variance estimator. The analysis includes a comparison of the signs and significance of the variable coefficients from the perking order and static trade-off theories to the empirical results to determine the optimum approach to the corporate capital structure given Vietnam's high-inflation environment. The results indicate that international capital flows have a positive relation to the debt ratio in the long term, and the relationship is more robust for 2005-2009 than for 2010-2014. Corporate capital structures adjusted to changes in the business environment in different sub-periods (2005-2009 and 2010-2014). When the economic environment became more favorable, the pecking order theory's predictive power increased, and that of trade-off theory lessened. Manufacturing and non-manufacturing firms required different capital structure decisions to fuel their operations and grow under foreign competition. The analysis demonstrates that firms should intensify their use of long-term debt relative to the availability of capital, which is an implication not only for firms in particular but also for industrial innovation overall.

지식기반시스템에서 불확실성처리방법의 비교연구 (A Comparative Study of Uncertainty Handling Methods in Knowledge-Based System)

  • 송수섭
    • 한국국방경영분석학회지
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    • 제23권2호
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    • pp.45-71
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    • 1997
  • There has been considerable research recently on uncertainty handling in the fields of artificial intelligence and knowledge-based system. Various numerical and non-numerical methods have been proposed for representing and propagating uncertainty in knowledge-based system. The Bayesian method, the Dempster-Shafer's Evidence Theory, the Certainty Factor model and the Fuzzy Set Theory are most frequently appeared in the knowledge-based system. Each of these four methods views uncertainty from a different perspective and propagates it differently. There is no single method which can handle uncertainty properly in all kinds of knowledge-based systems' domain. Therefore a knowledge-based system will work more effectively when the uncertainty handling method in the system fits to the system's environment. This paper proposed a framework for selecting proper uncertainty handling methods in knowledge-based system with respect to characteristics of problem domain and cognitive styles of experts. A schema with strategic/operational and unstructured/structured classification is employed to differenciate domain. And a schema with systematic/intuitive and preceptive/receptive classification is employed to differenciate experts' cognitive style. The characteristics of uncertainty handling methods are compared with characteristics of problem domains and cognitive styles respectively. Then a proper uncertainty handling method is proposed for each category.

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Study of the structural damage identification method based on multi-mode information fusion

  • Liu, Tao;Li, AiQun;Ding, YouLiang;Zhao, DaLiang
    • Structural Engineering and Mechanics
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    • 제31권3호
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    • pp.333-347
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    • 2009
  • Due to structural complicacy, structural health monitoring for civil engineering needs more accurate and effectual methods of damage identification. This study aims to import multi-source information fusion (MSIF) into structural damage diagnosis to improve the validity of damage detection. Firstly, the essential theory and applied mathematic methods of MSIF are introduced. And then, the structural damage identification method based on multi-mode information fusion is put forward. Later, on the basis of a numerical simulation of a concrete continuous box beam bridge, it is obviously indicated that the improved modal strain energy method based on multi-mode information fusion has nicer sensitivity to structural initial damage and favorable robusticity to noise. Compared with the classical modal strain energy method, this damage identification method needs much less modal information to detect structural initial damage. When the noise intensity is less than or equal to 10%, this method can identify structural initial damage well and truly. In a word, this structural damage identification method based on multi-mode information fusion has better effects of structural damage identification and good practicability to actual structures.

농촌지역 고혈압노인을 위한 동기강화 자가관리프로그램의 개발 및 적용 (Development and Application of Motivation-enhancing Self-management Program for Rural Aged with Hypertension)

  • 장해련;김현리
    • 농촌의학ㆍ지역보건
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    • 제41권3호
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    • pp.152-161
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    • 2016
  • Objective: The purpose of this study was to develop a motivation-enhancing self-management program and apply to rural aged with hypertension to evaluate the applicability of the Program. Methods: The motivation-enhancing self-management program was on the evidence of Orem's self-care theory and Ford's Motivational system theory which consists of group education and tele-coaching conducted 12-week. The program evaluation was done by structured questionnaires of motivation (self-efficacy, perceived benefit, perceived barrier and emotional salience), self-care and blood pressure. There were totally 31 aged with hypertension in 2 rural areas enrolled in the program. Results: There was only perceived benefit statistically significant between the intervention and control group (t=2.05, p=.04) and self-care level was no difference between the two groups (t=0.21, p=.84) after program. But there are statistically significant differences of systolic blood pressure between the intervention and control group(t=-2.62, p=.01). Conclusion: The motivation-enhancing self-management program is necessary for the rural aged with hypertension, but it's needed modify and revise in the future study.

Can Myofascial Release Techniques Reduce Stress Hormones in the Subject of Short Hamstring Syndrome? A Pilot Study

  • Cho, Sunghak
    • 국제물리치료학회지
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    • 제11권4호
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    • pp.2237-2243
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    • 2020
  • Background: The myofascial release technique is known to be an effective technique for increasing posterior fascia flexibility in short hamstring syndrome (SHS) subjects. But therapeutic mechanism of myofascial relaxation remains unclear. Recently, the theory of autonomic nervous system domination has been raised, however, a proper study to test the theory has not been conducted. Objectives: To investigate whether the application of the myofascial release technique can induce changes in the autonomic nervous system and affect the secretion of stress hormones and myofascial relaxation. Design: Quasi-experimental study. Methods: Twenty-four subjects with SHS were randomly divided into two groups. In the experimental group, the suboccipital muscle inhibition (SMI) technique was applied to the subjects for 4 min in supine position, and in the control group, the subjects were lying in the supine position only. A forward flexion distance (FFD) was conducted, blood pressure, heart rate, and cortisol levels were measured before and after the intervention and 30 min after intervention to determine myofascial relaxation and stress hormone levels. The evaluation was conducted separately in blind by an evaluator. Results: A FFD decreased in the experimental group, no change in cortisol was observed. On the contrary, a decrease in cortisol appeared in the control group after 30 minutes. Conclusion: The myofascial release technique is an effective treatment to increase the range of motion through posterior superior myofascial chain, but there is no evidence that myofascial release technique can control the autonomic nervous system.

A qualitative comparison study of information search behavior in online distribution

  • MIAO, Miao
    • 유통과학연구
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    • 제19권7호
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    • pp.61-73
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    • 2021
  • Purpose: This study offers suggestions to e-commerce companies for increasing shoppers' repurchase intention by considering the effect of distribution information in online shopping. It applies complexity theory to incorporate habitual information search behavior and shopper characteristics into the Stimulus-Organism-Response model and indicates how these complex factors work together in online shopping. Research design, data, and methodology: This study used an interview survey of 158 Vietnamese consumers with an experience of online shopping. A fuzzy-set Qualitative Comparative Analysis (fsQCA) was used to examine the relationship between antecedents and outcomes depending on complex conditions in the given contexts. Results: The results (1) indicate the importance of observing information search patterns and investigating their influence on online distribution, and (2) clarify what kind of configurations, under what conditions, predict a high or low outcome; this provides evidence and hints for the development of frameworks for future studies. Conclusions: The findings suggest that shoppers' unconscious, habitual behavior can work with conscious attitude factors, such as satisfaction, to increase their repurchase intention. Hence, e-commerce companies should consider how to present useful distribution information and create functions that allow shoppers to engage with a variety of information while increasing their repurchase intention on the site.

Social Media Stickiness in the Z Generation: A Study Based on the Uses and Gratifications Theory

  • Saiful Hoque;Md. Alamgir Hossain
    • Journal of Information Science Theory and Practice
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    • 제11권4호
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    • pp.90-108
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    • 2023
  • The purpose of this study is to investigate how uses and gratifications motivations increase social media stickiness, with a special focus on media engagement as a key mediator. Data were gathered via a survey questionnaire from Bangladeshi Z Generation social media users, which was quantitative in nature. For the analysis of 258 survey samples, structural equation modeling methodology was used. The results show that social media engagement and social media stickiness are positively impacted by uses and gratifications motivations such as social interaction, information, convenience, and entertainment. The study also found evidence of a relationship between uses and gratification motivations and social media stickiness, which is also mediated by emotional attachment. Understanding the motivations and gratifications sought by Z Generation users on social media platforms can help design strategies to enhance engagement and loyalty, ultimately leading to improved user retention and platform success. By identifying and addressing the specific needs and desires of the Z Generation, social media platforms can tailor their features, content, and user experiences to foster a stronger sense of connection and satisfaction, resulting in increased user engagement and prolonged usage.

중국 여행객의 항공사 비대면 탑승수속 서비스에 대한 인식 연구 (A Study on the Perception of Airline Non-Face-to-Face Boarding Service among Chinese Travelers)

  • 장흔수;이영우
    • 한국항공운항학회지
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    • 제32권2호
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    • pp.124-134
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    • 2024
  • This study is based on the Expectation Confirmation Theory (ECT) and categorizes trust types in non-face-to-face boarding services into three dimensions: structural assurance, platform, and service provider. It analyzes the impact of these trust types on users' perceived usefulness, satisfaction, and continuous usage intentions. Using a structural equation model, the study found that the three dimensions of trust positively influence users' satisfaction and perception of usefulness, thereby promoting intentions for continuous use. However, perceived risk weakens the positive relationship between trust and continuous usage intentions. By exploring the moderating role of perceived risk in non-face-to-face boarding services, this study analyzes its impact on user behavior patterns, contributing to the optimization of service design and enhancement of user trust. This study promotes widespread acceptance and continuous use of the service, and is crucial for developing effective non-contact service strategies that meet the needs and expectations of Chinese travelers in the post-pandemic travel environment. The findings provide a new perspective and empirical evidence for understanding user attitudes and behaviors towards non-face-to-face services, holding significant theoretical and practical implications.

다중센서 데이터 융합에서 이벤트 발생 빈도기반 가중치 부여 (Multi-sensor Data Fusion Using Weighting Method based on Event Frequency)

  • 서동혁;유창근
    • 한국전자통신학회논문지
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    • 제6권4호
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    • pp.581-587
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    • 2011
  • 무선센서네트워크는 높은 수준의 상황정보를 추론할 수 있기 위해 이질적인 다중센서로 이루어질 필요가 있다. 다중센서에 의해 수집된 데이터를 상황 정보추론에 활용할 때 다중센서 데이터 융합이 필요하다. 본 논문에서는 Dempster-Shafer의 증거이론에 입각하여 무선센서네트워크에서의 데이터 융합할 때 센서별 가중치를 부여하는 방안을 제안하였다. 센서별 이벤트 발생빈도수를 기준으로 하였는데, 센서별 이벤트 발생 빈도수는 해당 센서가 입수한 상황데이터의 가중치를 계산하는데 반영해야 할 요소이다. 센서별 이벤트 발생빈도에 기초하여 가중치를 계산하였으며 이 가중치를 부여하여 다중센서 데이터 융합하였을 때 신뢰도가 더욱 뚜렷한 격차를 보이게 함으로써 상황정보를 추론함에 있어서 용이할 수 있었다.