• The Journal of Asian Finance, Economics and Business
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• 제7권2호
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• pp.43-52
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• 2020

The paper investigates the mechanism through which corporate credit ratings affect dividend payments by decomposing the mean difference of dividends into a part that is explained by the determinants of dividends and a residual part that is contributed by the pure credit group effect, in the framework of the traditional dividend model of Fama and French (2001). Historically, better credit rated firms have shown consistently higher propensity to pay dividends especially during the economic crisis period. According to the counter-factual decomposition technique of Jann (2008), better rated firms are more responsive to the firm characteristics that have positive impact on dividends and poor rated firms are more responsive to the negative dividend predictors. As a result, good (bad) credit ratings make corporate managers become more bold (timid) in their dividend payments and they tend to pay more (less) dividends than what their firm characteristics prescribe. The degree of information asymmetry increases for the poor group firms during crisis periods and they attempt to reserve more cash in preparation for future investments. The decomposition results suggest that the credit group effect can potentially exceed the effect of firm characteristics because firms of different credit ratings can respond to the very same firm characteristics in a different manner.

• The Journal of Asian Finance, Economics and Business
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• 제7권2호
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• pp.33-42
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• 2020

The paper investigates the mechanism through which corporate credit ratings affect dividend payments by decomposing the mean difference of dividends into a part that is explained by the determinants of dividends and a residual part that is contributed by the pure credit group effect, in the framework of the traditional dividend model of Fama and French (2001). Historically, better credit rated firms have shown consistently higher propensity to pay dividends especially during the economic crisis period. According to the counter-factual decomposition technique of Jann (2008), better rated firms are more responsive to the firm characteristics that have positive impact on dividends and poor rated firms are more responsive to the negative dividend predictors. As a result, good (bad) credit ratings make corporate managers become more bold (timid) in their dividend payments and they tend to pay more (less) dividends than what their firm characteristics prescribe. The degree of information asymmetry increases for the poor group firms during crisis periods and they attempt to reserve more cash in preparation for future investments. The decomposition results suggest that the credit group effect can potentially exceed the effect of firm characteristics because firms of different credit ratings can respond to the very same firm characteristics in a different manner.

• 한국비블리아학회지
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• 제4권1호
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• pp.143-169
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• 1980

The most good library's service will be accomplished for the system of user centralized and we can't expect the development of school library without student's use. This research has been designed for an attempt to know why students don't use the school library. The methods employed to achieve the purpose of this study are (1) To establish some tentative factors affecting the school library's use or nonuse (2) to get necessary data, a questionnaire was made according to the tentative factors. A questionnaire was sent to teacher and students in the 4 sample high schools in Seoul. The followings are the am lysed results. (1) School library's collection are poor. (2) The school library's equipment and position are bad. (3) The guide or use instruction of school library are not carried out. (4) Teacher librarian can not reach the demand of the society and the atmosphere of library are not good. (5) The books are not lent to students and the circulation procedure are complicated. (6) Our country's educational programme does not organize to promote using the school library. (7) Teachers' knowledge for using the library are poor. (8) Entrance examination of the university disturbed to use the school library. (9) The school administration are not enough to understand about the school library.

• 한국정보통신학회:학술대회논문집
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• 한국정보통신학회 2018년도 추계학술대회
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• pp.467-469
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• 2018

전술 무선통신은 네트워크 토폴로지의 가변성과 열악한 통신 환경으로 인하여 채널 간섭 및 통신단절 등의 통신장애 문제들이 종종 발생한다. 따라서 열악한 전술 환경에서 발생하는 무선통신망의 통신장애 문제를 효과적으로 극복하고, 생존성을 향상 시키는 것은 매우 중요한 과제라 할 수 있다. 본 논문은 사용자의 개입 없이 통신 장애의 상황을 특정하여 구분 짓고 보다 효과적인 솔루션을 수행하기 위한 이동통신 장비의 자동 제어 방법론에 대하여 기술 하였다.

• International Journal of Internet, Broadcasting and Communication
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• 제11권1호
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• pp.27-38
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• 2019

Sensors collect information for Internet of Things (IoT)-based services. However, indoor construction sites have a poor communication environment and many interfering elements that make it difficult to collect sensor information. In this study, a network was constructed between a Bluetooth Low Energy (BLE)-based IoT device based on a serverless IoT framework and a router. This experimental environment was applied to large- and small-scale indoor construction sites. Experiments were performed to test the communication performance of BLE-based IoT devices and routers at indoor construction sites. An analysis of the received signal strength indication (RSSI) graph patterns collected from the communication between the BLE-based IoT devices and routers for different testbed site situation revealed areas with good communication performance and poor communication performance due to interfering factors. The results confirmed that structural components of the building as well as the materials, equipment, and temporary facilities used in indoor construction interfere with the communication performance. Construction project managers will require improved technical knowledge of IoT, such as optimizing the router placement and matching communication between the router and workers, to improve the communication performance for large-scale indoor construction.

• Asian Journal of Business Environment
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• 제11권2호
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• pp.27-38
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• 2021

Purpose: The study mainly investigates bankruptcy risk and income smoothing tendency of Non-Banking Financial Institutions (NBFIs) in Bangladesh. External parties of NBFIs take investment decisions based on financial reports. Stable and predictable income is one of their preference. On the other hand, poor income is one of the signs of NBFIs having bankruptcy risk. Hence the study tries to find whether the NBFIs having bankruptcy are involved in income smoothing or not. Research design, data and methodology: Data were collected from the annual report of twenty-two listed NBFIs in Bangladesh. Data from 2013 to 2017 were used. Altman's Z score and Eckel's model are used to detecting bankruptcy risk and income smoothing respectively. Results: Result implies that most of the NBFIs which have bankruptcy risk are not involved in income smoothing. Therefore, NBFIs which has bankruptcy risk are involved less with income smoothing. Conclusions: The present study revealed that most of the listed NBFIs in Bangladesh are facing bankruptcy risk. They didn't use any fraudulent technique to show smooth income. The findings will help the investor to take an investment decision on NBFIs in Bangladesh. It will convey signals to the stock market in Bangladesh.

• 대한방사선기술학회지:방사선기술과학
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• 제45권3호
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• pp.249-254
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• 2022

The purpose of this study was to examine the importance of proper positioning in chest PA X-ray examination. As a study method, this author searched for and analyzed materials related to chest PA X-ray examination from theses and books that had been published previously to understand the importance of proper positioning in chest PA X-ray examination. Generally, one of the examinations frequently done in most of the hospitals is chest PA X-ray examination. Also, in any kinds of X-ray examination, proper positioning is the most fundamental and definite way to provide accurate information about the patient. Poor positioning in chest PA X-ray examination may jeopardize the diagnosis and treatment, increase social cost due to examination needed to be done additionally, and generate additional radiation exposure unnecessarily above all. In conclusion, it is expected that proper positioning in chest PA X-ray examination will exert positive effects such as the provision of accurate information about the patient, prevention of misdiagnosis, reduction in social cost, and lastly decrease in radiation exposure.

• 대한원격탐사학회:학술대회논문집
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• 대한원격탐사학회 2003년도 Proceedings of ACRS 2003 ISRS
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• pp.1295-1297
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• 2003

Owing to the higher temporal resolution, meteorological satellite data is widely used to monitor the disasters happened on the earth's surface. However, the precision of identifying disaster information is limited by the poor spatial resolution. As known, GIS technology is good at processing and analyzing the geographic information. The result shows, integrating with GIS technology, the ability of monitoring forest fire using meteorological satellite data has been greatly improved.

• International Journal of Contents
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• 제1권1호
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• pp.40-44
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• 2005

This paper introduces region partitioning method of non-perfect nested loops with non-uniform dependences. This kind of loop normally can't be parallelized by existing parallelizing compilers and transformations. Even when parallelized in rare instances, the performance is very poor. Based on the Convex Hull theory which has adequate information to handle non-uniform dependences, this paper proposes an enhanced region partitioning method which divides the iteration space into minimum parallel regions where all the iterations inside each parallel region can be executed in parallel by using variable renaming after copying.

• 대한전자공학회:학술대회논문집
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• 대한전자공학회 2000년도 추계종합학술대회 논문집(3)
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• pp.145-148
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• 2000

This paper proposes a character segmentation method for Korean letter address image. The poor quality of image binarization results in broken character strokes. To overcome this problem, two steps of processing ate introduced. The first one is to merge broken characters to generate character candidates, and the other one is to reduce the complexity of segmentation graph path. These two steps do not use recognition information to keep in high-speed.