• Title/Summary/Keyword: Diversity Measure

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The Effects of Blockholder Diversity on the Firm Risk: Evidence from Korea

  • KIM, Hung Sik;CHO, Kyung-Shick
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.261-269
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    • 2021
  • This study examines the effect of block diversity on the risk of firms listed on the Korean Stock Exchange between 2010 and 2017. To examine the effect of block diversity on corporate risk, we measure block diversity in terms of a single component, portfolio size, by referring to prior literature. This diversity component accounts for the differences in portfolio size across corporate blocks. In line with existing research on corporate risk, we consider several variables to measure corporate risk: volatility, beta, and idiosyncratic risk. The results show a negative relationship between the size of a block shareholder's portfolio and corporate risk. We also show no difference in the effect of block diversity on the corporate risk between KOSPI and KOSDAQ. This implies that the difference in portfolio size among corporate blocks reduces corporate risk. This may be due to the effect of inter-block monitoring activities in the Korean securities market, which benefits from block diversity. This empirical result supports previous studies that predicted that block diversity would have beneficial influences on firm monitoring in general. This study is significant in that it analyzes the relationship between block diversity and firm risk and provides relevant information to business practitioners and investors.

Study of Menu Variety in Military Foodservice (군 급식에서의 메뉴 다양성에 관한 연구)

  • Yeo, Woon-Seung
    • Culinary science and hospitality research
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    • v.10 no.1
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    • pp.140-152
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    • 2004
  • This study investigates and analyzes the diversity of menu in military meal services that are recognized by the soldiers who are familar with meal services, and suggests the implications on the results of the analysis. For the ranks of respondents in terms of demographic features, the sergeants and corporals were 43.2%(186) and 29.7%(128) apiece. It was identified that the diversity of menu and significant influences as 57.5%. Thus, it is necessary to diversity the menus more than the present menus to increase the satisfaction of new generation on military meal services. The most influential factor on the diversity of menu was the hard-boiled food as 29.9% among 15 items. Therefore, the first measure to intensify the satisfaction of soldiers on meal services is to diversity the hard-boiled food. Accordingly, this measure will contribute to relieve the most biggest complaints on the diversity of menu in military meal services. For this purpose, it is recommended to replace the kitchen work system consisted of kitchen polices with the non-officer system enabling the long-term service. The kitchen polices are transferred to the first reserve list when they are accustomed to their duties because the period of service is limited under the present kitchen police system. Therefore, the present kitchen police system has the problem that it can't overcome the limit in terms of the quality of meal service.

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Analysis on the Impact of Multiple-Antenna Transmit Schemes on Multiuser Diversity

  • Lee, Myoung-Won;Mun, Cheol;Yook, Jong-Gwan
    • Journal of electromagnetic engineering and science
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    • v.6 no.4
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    • pp.222-228
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    • 2006
  • In this paper, the performance of a multiuser diversity system combined with a multi-element transmit antenna system is analyzed under the assumption of independent Rayleigh fading. A measure of system .level performance is an average channel capacity as a function of the number of users and antennas. Average channel capacity is obtained from the instantaneous signal-to-noise ratio(SNR) distribution combined by both transmit diversity(TD) at each link and multiuser diversity at system level. Numerical results show that closed-loop antenna techniques provide an additional gain with multiuser diversity system due to array gain, even though space diversity gain reduces multiuser diversity gain. On the other hand, the space-time block coding(STBC) that provides full order space diversity gain only has a destructive influence on multiuser diversity.

MEASURE OF DEPARTURE FROM QUASI-SYMMETRY AND BRADLEY-TERRY MODELS FOR SQUARE CONTINGENCY TABLES WITH NOMINAL CATEGORIES

  • Kouji Tahata;Nobuko Miyamoto;Sadao Tomizawa
    • Journal of the Korean Statistical Society
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    • v.33 no.1
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    • pp.129-147
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    • 2004
  • For square contingency tables with nominal categories, this paper proposes a measure to represent the degree of departure from the quasi-symmetry (QS) model and the Bradley-Terry (BT) model. The measure proposed is expressed by using the Cressie and Read (1984)'s power-divergence or Patil and Taillie (1982)'s diversity index. The measure lies between 0 and 1, and it is useful for comparing the degree of departure from QS or BT in several tables.

Generalized Measure of Departure From Global Symmetry for Square Contingency Tables with Ordered Categories

  • Tomizawa, Sadao;Saitoh, Kayo
    • Journal of the Korean Statistical Society
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    • v.27 no.3
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    • pp.289-303
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    • 1998
  • For square contingency tables with ordered categories, Tomizawa (1995) considered two kinds of measures to represent the degree of departure from global symmetry, which means that the probability that an observation will fall in one of cells in the upper-right triangle of square table is equal to the probability that the observation falls in one of cells in the lower-left triangle of it. This paper proposes a generalization of those measures. The proposed measure is expressed by using Cressie and Read's (1984) power divergence or Patil and Taillie's (1982) diversity index. Special cases of the proposed measure include TomiBawa's measures. The proposed measure would be useful for comparing the degree of departure from global symmetry in several tables.

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A Longitudinal Study on the Supply & Demand-side Diversity of Digital Media : TV Channel & VOD Data of 2012-2017 (디지털미디어 콘텐츠 공급과 수요측면의 다양성 구현 종단 연구: 2012-2017년의 TV채널과 VOD 데이터를 중심으로)

  • Lee, Sang-Ho
    • Journal of the Korea Convergence Society
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    • v.10 no.8
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    • pp.137-144
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    • 2019
  • This paper deals with the longitudinal study on the supply & demand-side diversity of digital media service. The purpose of this study is to measure the diversity of contents supply and demand-side of digital media platform providers by longitudinal data and discuss the implication. In the approval and re-authorization of pay-TV broadcasters, there were attempts to measure diversity indicators as items to evaluate the publicness and public interest of broadcasting, but they are mainly limited to the method of measuring diversity in the short-term supply side. Thus researcher wants to confirm the evaluation of two aspects through this study. First, researcher proposes a demand-side measurement methodology that utilizes actual audience data from users, and second, a longitudinal evaluation methodology that evaluates long-term trends of diversity change. Researcher has secured the actual supply and demand data of the platform player and confirmed trends of longitudinal diversification indexing for 50 months from 2012 to 2017. Through this research, researcher expects that the supply and demand-side and the longitudinal diversity evaluation will be utilized in a balanced way of publicness and public interest evaluation of broadcasting.

A Comparative Study on Food Behavior with Self-Evaluation of Dietary Life for Korean Adults (한국성인의 식품소비행동과 식생활 자기평가에 관한 비교연구)

  • Park, Jae-Hong;You, So-Ye
    • The Korean Journal of Community Living Science
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    • v.20 no.2
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    • pp.145-156
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    • 2009
  • The purpose of this study was to explore socio-economic factors as determinants of food behavior and self-evaluation on meeting dietary guidelines. The data were derived from the KNHANES collected in 2007. A multidimensional framework of the determinants of food behavior was used, including age, gender, region, occupation, education, income and nutritional knowledge. The determinants of food behavior and self-evaluation were estimated by ordered logistic regression models. Food behavior was measured by dietary diversity scores including six food groups, which were cereals, vegetables, meats, fruits, milk, and oils. Self-evaluation on meeting dietary guidelines was based on responses from questionnaires for implementing Korean dietary guidelines. In general, the respondents who fulfilled all criteria were few. There were some differences between dietary diversity scores and self-evaluation on meeting dietary guidelines. Age, gender, and educational level showed effect on food behavior and self-evaluation. For dietary diversity scores, the individuals who were younger male, graduated from college were more likely to consume more various foods. The individuals who were older female, graduated from high school were more likely to meet dietary guidelines. Occupation was associated only with self-evaluation. Age and gender were associated with food behavior as well as self-evaluation. Income and marital status were associated only with dietary diversity scores. Reading food label and occupation were associated only with self-evaluation. The food behavior of married individuals was less in line with the dietary diversity scores than singles. In conclusion the differences between objective measure and subjective measure on individuals' diet showed more efforts like segmented nutritional education would be needed to increase the quality of dietary life.

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Species Diversity Analysis of Ecosystem Survey Data Using Total Information (정보계측기법을 이용한 생태조사자료의 종다양도 분석)

  • Jung, Nam-Su;Lee, Jeong-Jae;Park, Seung-Kie;Kim, Woong
    • Journal of Korean Society of Rural Planning
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    • v.13 no.2
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    • pp.1-5
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    • 2007
  • Shannon and Simpson indexes are used for species diversity analysis of ecosystem. In species diversity analysis of ecosystem, not only frequency of each species but also survey size have to be considered. In this study, total information composed with knowledge and ignorance was suggested as a species diversity analysis method for ecosystem survey. To apply developed method, flora in the Sangachun river valley was sampled with 19 sites and 198 species. In applying results, Shannon index shows more reasonable results than Simpson index by the variance of sample size but has difficulties of determining the relation of surveying species number and sample site number. Suggested total information can overcome this difficulty by the relation of knowledge and ignorance.

Political Diversity and Participation: A Systematic Review of the Measurement and Relationship

  • Jun, Najin
    • Asian Journal for Public Opinion Research
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    • v.1 no.2
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    • pp.103-127
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    • 2014
  • This study reviews existing research on the measurement of and the relationship between political diversity and political participation. It addresses the inconsistency in the arguments of existing studies researching the influence of political diversity on political participation. It attempts to find the cause in the variety of approaches to conceptualize and operationalize the two variables. As the measure of political diversity, political network heterogeneity and network attributes are discussed in detail in specific relation to political participation. As for political participation, an in-depth analysis of various ways to understand different forms of political involvement is presented. Implications for public opinion research are discussed.

Effects of cutting and sowing seeds of native species on giant ragweed invasion and plant diversity in a field experiment

  • Byun, Chaeho;Choi, Ho;Kang, Hojeong
    • Journal of Ecology and Environment
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    • v.44 no.4
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    • pp.256-263
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    • 2020
  • Background: Ambrosia trifida is a highly invasive annual plant, but effective control methods have not been proposed. Among various eradication methods, cutting is a simple measure to control invasive plants, and sowing seeds of native plants may effectively increase biotic resistance to invasion. In this study, we conducted a field experiment with two treatments: cutting and sowing seeds of six native or naturalized plants. Results: We found a significantly lower A. trifida abundance after cutting than in the control (77% decrease). Sowing seeds of native species did not provide any additional benefit for the control of A. trifida, but increased the importance values and diversity of other native vegetation. The abundance of A. trifida was negatively correlated with that of other plant taxa based on plant cover, biomass, and density. However, biotic resistance of sown plants was not effective to control invasion because A. trifida was so competitive. Conclusions: We concluded that cutting is an effective measure to control Ambrosia trifida while sowing seeds of native plants can increase native plant diversity.