• The Korean Journal of Financial Management
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• v.26 no.1
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• pp.221-263
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• 2009

This paper studies the behaviour of stock prices on the ex-dividend day in the Korean stock market. Since a majority of listed Korean firms are December firms whose fiscal year end in December and whose ex-dividend day falls on the same calendar day in the year, we use stock prices of Non-December firms to estimate the general stock price movements not related to cash dividends. We estimate excess returns on days around the ex-dividend day. Our major findings are (a) there is no tax clientele effect in Korea, (b) the opening price stock prices fell by the amount of the current cash dividend per share until 2001, but it does not fall as much as the current dividend per share since 2001. Furthermore, in contrast to the U.S. and the Japanese findings, (c) stocks earned negative excess returns on the ex-dividend day until 2001, after which all stocks are earning positive excess returns on the ex-dividend day, and (d) the closing stock price on the ex-dividend day that used to be even higher than the cum-dividend price until 2001 is lower than the opening stock price since 2001. The evidence suggests a structural break has happened around the year 2001.

• Journal of the Korean Society of Physical Medicine
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• v.8 no.2
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• pp.163-173
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• 2013

PURPOSE: This study determined the effect of balance control therapy in the brain activation. METHODS: Twenty-two college students who showed decrease of muscle strength in O-ring test were as participants in this study. And the subjects were randomly divided into experimental group (n=13) and control group (n=9). Measurement device is portable EEG (Nihonkhoden, Japan). Examinations used twenty electrodes attached to the head to capture electrical brain signals during 5 minutes with brain activated states such as the awaked state and the data were compared between the two groups. RESULTS: After treatment by balance control therapy, P3 (p<.025) and P4 areas (p<.025) showed a significantly lower ST index in the experimental group than the control group, The variation of ST index in P4 area (p<.025) was decreased in the experimental group but was increased in the control group. CONCLUSION: These results showed that the balance control therapy was helpful to change the brain activation such as the stress (ST) index at the sensory area in the college students.

• Korean Chemical Engineering Research
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• v.53 no.3
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• pp.382-390
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• 2015

Poly(methyl methacrylate) (PMMA) supports and amine additives were investigated to adsorb $CO_2$. PMMA supports were fabricated by using different ratio of pore forming agents (porogen) to control the BET specific surface area, pore volume and distribution. Toluene and xylene are used for porogens. Supported amine sorbents were prepared by wet impregnation of tetraethylenepentamine (TEPA) on PMMA supports. So we could identify the effect of the pore structure of supports and the quantity of impregnated TEPA on the adsorption capacity. The increased amount of toluene as pore foaming agent resulted in the decreased average pore diameter and the increased BET surface area. Polymer supports with huge different pore distribution could be fabricated by controlling the ratio of porogen. After impregnation, the support with micropore structure is supposed the pore blocking and filling effect so that it has low $CO_2$ capacity and kinetics due to the difficulty of diffusing. Macropore structure indicates fast adsorption capacity and low influence of amine loading. In case of support with mesopore, it has high performance of adsorption capacity and kinetics. So high surface area and meso-/macro- pore structure is suitable for $CO_2$ capture.

• Structural Engineering and Mechanics
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• v.42 no.1
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• pp.73-93
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• 2012

With an active structural involvement in spiral case structure (SCS) that is always the design and research focus of hydroelectric power plant (HPP), the compressible membrane sandwiched between steel spiral case and surrounding reinforced concrete was often assumed to be linear elastic material in conventional design analysis of SCS. Unfortunately considerable previous studies have proved that the foam material serving as membrane exhibits essentially nonlinear mechanical behavior. In order to clarify the effect of membrane (foam) material's nonlinear stress-strain behavior on SCS, this work performed a case study on SCS with a compressible membrane using the ABAQUS code after a sound calibration of the employed constitutive model describing foam material. In view of the successful capture of fitted stress-strain curve of test by the FEM program, we recommend an application and dissemination of the simulation technique employed in this work for membrane material description to structural designers of SCS. Even more important, the case study argues that taking into account the nonlinear stress-strain response of membrane material in loading process is definitely essential. However, we hold it unnecessary to consider the membrane material's hysteresis and additionally, employment of nonlinear elastic model for membrane material description is adequate to the structural design of SCS. Understanding and accepting these concepts will help to analyze and predict the structural performance of SCS more accurately in design effort.

• Structural Engineering and Mechanics
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• v.55 no.4
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• pp.743-763
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• 2015

This work presents a new nonlocal hyperbolic shear deformation beam theory for the static, buckling and vibration of nanoscale-beams embedded in an elastic medium. The present model is able to capture both the nonlocal parameter and the shear deformation effect without employing shear correction factor. The nonlocal parameter accounts for the small size effects when dealing with nanosize structures such as nanobeams. Based on the nonlocal differential constitutive relations of Eringen, the equations of motion of the nanoscale-beam are obtained using Hamilton's principle. The effect of the surrounding elastic medium on the deflections, critical buckling loads and frequencies of the nanobeam is investigated. Both Winkler-type and Pasternak-type foundation models are used to simulate the interaction of the nanobeam with the surrounding elastic medium. Analytical solutions are presented for a simply supported nanoscale-beam, and the obtained results compare well with those predicted by the other nonlocal theories available in literature.

• Korean Journal of Applied Biomechanics
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• v.23 no.3
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• pp.245-252
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• 2013

The purpose of this study was to analyze the effect that various loads have on the lower limb biomechanics. The following variables were measured and analyzed; performance time for each phase, lower limb moments and joint angles, and ground reaction forces. The kinematic and kinetic data was recorded by 2 force platforms and a motion capture system while 12 healthy adults in their twenties stepped down three steps under loads of 0%, 10%, 20% BW. Results are as follows. First, the different loading conditions did not seem to significantly affect the performance times and the joint angles. Second, the largest ground reaction forces were observed at the 1 step at the 10% BW condition. Finally, at the 0% BW loading condition the right hip extension moment was the smallest and the left hip flexion moment was the largest. The results show that there are not any significant changes in the biomechanics of the lower limbs under loading conditions up to 20% BW. Further investigations including more loading conditions with more weights and more additional steps analyzed are needed.

• Proceedings of the Korean Vacuum Society Conference
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• 2013.08a
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• pp.191.2-191.2
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• 2013

The negative photoconductivity was frequently observed in some semiconductors. It was known that the origin of the negative photoresponse from ZnO is molecular chemisorption or the charging effect of nanoparticles in bulk matrix. However, the origin of the negative photoresponse of thin film was not still clear. One of possible explanation is due to the deep level trap scheme, which describes the origin of the negative photoresponse via defect state under illumination of light. However, the defect states below Fermi level have high capture rate by Coulomb effect, so that these states are usually filled by electrons if the defect states have donor-like character. Therefore the condition which the defect states located in below Fermi level should be partially filled by electrons make more difficult to understand of mechanism of the negative photoresponse. In this study, n-ZnO/p-Si heterojunction diodes were fabricated by UHV RF magnetron sputter. Then, some diodes show the negative photoresponse under ultra-violet light illumination. The defect state of the ZnO was analyzed by photoluminescence and deep level transient spectroscopy. To interpret the negative photoconductivity, band diagram was simulated by using SCAPS program.

• Structural Engineering and Mechanics
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• v.71 no.6
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• pp.683-697
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• 2019

The reinforced concrete (RC) structures usually suffer large residual displacements under strong motions. The large residual displacements may substantially reduce the anti-seismic capacity of structures during the aftershock and increase the difficulty and cost of structural repair after an earthquake. To reduce the adverse residual displacement, several self-centering energy dissipation braces (SCEBs) have been proposed to be installed to the RC structures. To investigate the seismic responses of the RC structures with SCEBs under the earthquake excitation, an extended Bouc-Wen model with degradation and self-centering effects is developed in this study. The extended model realized by MATLAB/Simulink program is able to capture the hysteretic characteristics of the RC structures with SCEBs, such as the energy dissipation and the degradation, especially the self-centering effect. The predicted hysteretic behavior of the RC structures with SCEBs based on the extended model, which used the unscented Kalman filter (UKF) for parameter identification, is compared with the experimental results. Comparison results show that the predicted hysteretic curves can be in good agreement with the experimental results. The nonlinear dynamic analyses using the extended model are then carried out to explore the seismic performance of the RC structures with SCEBs. The analysis results demonstrate that the SCEB can effectively reduce the residual displacements of the RC structures, but slightly increase the acceleration.

• Steel and Composite Structures
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• v.39 no.4
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• pp.353-366
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• 2021

Cored moment resisting stub column (CMSC) was previously developed by the features of adopting a core segment which remains mostly elastic and reduced column section (RCS) details around the ends to from a stable hysteretic behavior with large post-yield stiffness and considerable ductility. Several full-scale CMSC components with various length proportions of the RCSs with respect to overall lengths have been experimentally investigated through both far-field and near-fault cyclic loadings followed by fatigue tests. Test results verified that the proposed CMSC provided very ductile hysteretic responses with no strength degradation even beyond the occurrence of the local buckling at the side-segments. The effect of RCS lengths on the seismic performance of the CMSC was verified to relate with the levels of the deformation concentration at the member ends, the local buckling behavior and overall ductility. Estimation equations were established to notionally calculate the first-yield and ultimate strengths of the CMSC and validated by the measured responses. A numerical model of the CMSC was developed to accurately capture the hysteretic performance of the specimens, and was adopted to clarify the effect of the surrounding frame and to perform a parametric study to develop the estimation of the elastic stiffness.

• Advances in nano research
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• v.10 no.3
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• pp.235-251
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• 2021

In the current study, the free vibrational behavior of a Porous Micro (PM) beam which is integrated with Functionally Graded Piezoelectric (FGP) layers with initial curvature is considered based on the two trigonometric shear deformation theories namely SSDBT and Tan-SDBT. The structure's mechanical properties are varied through its thicknesses following the given functions. The curved microbeam is exposed to electro-mechanical preload and also is rested on a Pasternak type of elastic foundation. Hamilton's principle is used to extract the motion equations and the MCST is used to capture the size effect. Navier's solution method is selected as an analytical method to solve the motion equations for a simply supported ends case and by validating the results for a simpler state with previously published works, effects of different important parameters on the behavior of the structure are considered. It is found that although increasing the porosity reduces the natural frequency, but enhancing the volume fraction of CNTs increasing it. Also, by increasing the central angle of the curved beam the vibrations of the structure increases. Designing and manufacturing more efficient smart structures such as sensors and actuators are of the aims of this study.