• Earthquakes and Structures
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• v.14 no.4
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• pp.305-312
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• 2018

Significant research efforts were undertaken to evaluate seismic performance of vertically irregular buildings on flat ground. However, there is scarcity of study on seismic performance of buildings on hill slopes. The present study attempts to investigate seismic behaviour of reinforced concrete irregular stepback building frames with different configurations on sloping ground. Based on extensive regression study of free vibration results of four hundred seventeen frames with varying ground slope, number of story and span number, a modification is proposed to the code based empirical fundamental time period estimation formula. The modification to the fundamental time period estimation formula is a simplified function of ground slope and a newly introduced equivalent height parameter to reflect the effect of stiffness and mass irregularity. The derived empirical formula is successfully validated with various combinations of slope and framing configurations of buildings. The correlation between the predicted and the actual time period obtained from the free vibration analysis results are in good agreement. The various statistical parameters e.g., the root mean square error, coefficient of determination, standard average error generally used for validation of such regression equations also ensure the prediction capability of the proposed empirical relation with reasonable accuracy.

• Steel and Composite Structures
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• v.44 no.4
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• pp.545-555
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• 2022

Empirical relationships that capture the nonlinear behavior of headed steel shear stud anchors have been derived from standard push out tests, where the specimens are comprised of large wide flanged steel sections attached to flat concrete slabs via the anchors. However, many composite systems used in practice utilize much smaller steel members and/or steel decking as part of the slab system. Composite open web steel joist systems generally include both of these elements and consequently the nonlinear performance ofthe anchor is not accurately represented by existing models. In this paper, a new empirical relation is presented for open web steel joist systems based on experimental results from a modified push out test that more realistically represent a composite open web steel joist system. The methodology for obtaining the proposed nonlinear function where the response of the system is characterized by two parameters(α and β) is presented. The two-step process for obtaining the two parameters is described and the empirical relation is calibrated with the experimental data. In comparison with existing expressions, the new proposal herein more accurately predicts the high initialstiffness of the system and overall nonlinear system performance.

• The Journal of Information Systems
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• v.32 no.2
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• pp.109-135
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• 2023

Purpose This study is based on previous studies related to the function and operating system of the project management system for efficient project management. The purpose of the study is, first, to find out how the project performance is affected by the utilization of the project management system and the involvement of the PMO. Second, the mediating effect of implementing integrated management between the project management system and project performance is to be demonstrated. Design/methodology/approach Based on previous studies related to project management, this study designed a research model by integrating functional factors derived from project management system design studies, integrated management factors, and factors derived from PMO function studies. Findings As a result of the empirical analysis, this study first confirmed that high utilization of the project management system and high involvement of the PMO are factors that affect project performance. In addition, it was confirmed that the establishment of the system and the introduction of PMO do not guarantee project performance. Second, it was confirmed that the execution of integrated management has a mediating effect between the system and the project performance, and that the high utilization of the system has a positive effect on the mediating effect.

• The Journal of Industrial Distribution & Business
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• v.8 no.1
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• pp.5-13
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• 2017

Purpose - In this article, a dynamic model like a VAR is an appropriate choice for estimating the possible interrelationship between ownership structure and firm performance as a dynamic process. Research design, data, and methodology - Data of this work are collected from Chinese stock exchange including 350 Chinese-listed firms during the period of 1999-2012. We hypothesize that this interrelationship dynamically exists between ownership structure and firm performance. To examine the correlation, a panel Vector Auto-regression (PVAR) approach generated by GMM method is utilized to test the possible dynamic relation embedded in corporate governance. Another two dynamic analysis solutions such as orthogonalized impulse-response function and variance decomposition are also used simultaneously. Results - Findings of this study indicate the evidence that dynamically endogenous relationship exists between ownership structure and firm performance. Further, there is a dynamical correlation between investment and performance. Impulse response and variance decomposition illustrate that impact of a shock to variables themselves is the main source for their variability. Conclusions - The conclusion in this study is that there is a bidirectional and inter-temporal effect between proportion of ownership and corporate performance for a long run in accordance with impulse response function. Overall, our results suggest that corporate governance in China is more market oriented.

• Journal of the Korean Data and Information Science Society
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• v.24 no.1
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• pp.201-209
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• 2013

For censored regression, it is often the case that some input variables are not important, while some input variables are more important than others. We propose a novel algorithm for selecting such important input variables for censored kernel regression, which is based on the penalized regression with the weighted quadratic loss function for the censored data, where the weight is computed from the empirical survival function of the censoring variable. We employ the weighted version of ANOVA decomposition kernels to choose optimal subset of important input variables. Experimental results are then presented which indicate the performance of the proposed variable selection method.

• Journal of the Korean Data and Information Science Society
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• v.8 no.2
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• pp.183-194
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• 1997

In accelerated life tests, the failure time of an item is observed under a high stress level and based on the time, the failure rates of items we estimated at the normal stress level. In this paper, when the mean of the prior distribution of a parameter is known in Weibull lifetime model with censored failure time data, we study various estimating methods to obtain the empirical Bayes estimator of a parameter from the empirical Bayes approach under the normal stress level by considering the fact that the Bayes estimator is the function of prior parameters and of the acceleration parameter representing the effect of acceleration. And we compare the performance of several empirical Bayes estimators of a parameter in terms of the Bayes risk.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.41 no.4
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• pp.81-90
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• 2018

Modern investment theory has empirically proved that stock returns can be explained by several factors such as market risk, firm size, and book-to-market ratio. Other unknown factors affecting stock returns are also believed to still exist yet to be found. We believe that one of such factors is the operational efficiency of firms in transforming inputs to outputs, considering the fact that operations is a fundamental and primary function of any type of businesses. To support this belief, this study intends to empirically study the relationship between firm efficiency and stock price performance. Firm efficiency is measured using data envelopment analysis (DEA) with inputs and outputs obtained from financial statements. We employ cross-efficiency evaluation to enhance the discrimination power of DEA with a secondary objective function of aggressive formulation. Using the CAPM-based performance regression model, we test the performance of equally weighted portfolios of different sizes selected based upon DEA cross-efficiency scores along with a buy & hold trading strategy. For the empirical test, we collect financial data of domestic firms listed in KOSPI over the period of 2000~2016 from well-known financial databases. As a result, we find that the porfolios with highly efficient firms included outperform the benchmark market portfolio after controlling for the market risk, which indicates that firm efficiency plays a important role in explaining stock returns.

• Journal of the Institute of Electronics Engineers of Korea SC
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• v.47 no.2
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• pp.1-7
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• 2010

This paper presents empirical equations indicating the high frequency performance characteristics of air-cored induction coil sensors with their constructional parameters. An air-cored induction coil sensor is widely used due to good linearity at low frequency ranges but the sensor has weakness of relatively low sensitivity to the magnetic field. At high frequency ranges, the sensitivity can be dramatically increased, largely depending on the frequency of the injected field, and this property can be a great asset to some electromagnetic inspections, since they utilize the interrogating current with a fixed frequency. The application of this property of the coil sensor requires the estimation of its high frequency performance. We made experiments on the frequency responses of the coil sensors under diverse constructional conditions and, on the basis of the experimental results, the high frequency performance, such as the resonant frequency and the sensitivity at the frequency, was estimated, as a function of the constructional parameters of the coil sensor. The good agreements between experimental and estimated data were reported.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.1
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• pp.179-185
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• 2021

The aim of this study is to examine the impact of board of directors' activity on the audit committee's effectiveness score among manufactured listed companies on Saudi Stock Exchange (Tadawul) for the period 2015-2017. The final sample of this study consists of 195 firm-year observations that represent manufactured companies listed on Saudi Stock Exchange (Tadawul) for the years 2015-2017. The data of this study in terms of board of directors' meetings, audit committee size and meetings, firm leverage, firm performance, and firm age were hand-collected from the annual reports of the considered companies. The Pooled OLS regression's result indicate that audit committee's effectiveness score is influenced by the board of directors' activity. This result gives support to the agency theory prediction. This result is also consistent with the complementary function of corporate governance mechanisms in which board of directors' activity complements the function of audit committee's effectiveness score. The result of this study should be useful for manufacturing companies, Saudi Stock Exchange, auditors, and regulators which relates to the association between board of directors' activity and audit committee's effectiveness score. This study provides a new empirical evidence on the impact of board activity on the audit committee's effectiveness score in an interesting context which is Saudi Arabia.

• Communications for Statistical Applications and Methods
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• v.19 no.1
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• pp.129-134
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• 2012

In this paper we review a bi-aspect nonparametric test for the two-sample problem under the location translation model and propose a new one to accommodate a more broad class of underlying distributions. Then we compare the performance of our proposed test with other existing ones by obtaining empirical powers through a simulation study. Then we discuss some interesting features related to the bi-aspect test with a comment on a possible expansion for the proposed test as concluding remarks.