• Title/Summary/Keyword: Made-Public Information

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The Impact of Stock Split Announcements on Stock Prices: Evidence from Colombo Stock Exchange

  • PRABODINI, Madhara;RATHNASINGHA, Prasath Manjula
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.41-51
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    • 2022
  • The research looks into the impact of stock split announcements on stock prices and market efficiency in the Colombo Stock Exchange (CSE). This research uses a sample of 26 stock split announcements that occurred between 2020 and June 2021. According to the Global Industry Classification Standards, the stock split announcements covered in the study pertain to 26 businesses and 9 industries (GICS). To obtain the results, the usual event research methodology is used. The findings demonstrate significant average abnormal returns of 15.01 percent on the day the stock split news is made public and abnormal returns of 4.11 percent and -4.05 percent one day before and after the stock split announcement date, respectively. The study's findings revealed significant positive abnormal returns one day before the disclosure date, indicating information leakage, and significant negative abnormal returns the next day after the announcement date, indicating CSE informational efficiency. Because stock prices adapt so quickly to public information, these findings support the semi-strong form efficient market hypothesis, which states that investors cannot gain an abnormal return by trading in stocks on the day of the stock split announcement.

In-depth interview about expected role and competency of future public health dental hygienist (미래 보건치과위생사에게 기대하는 인성과 그 진출전망에 대한 전국 보건치과위생사 대표단의 심층면담)

  • Kim, Sol;Kim, Su-Jeong;Jang, Mi-Rae;Kim, Min-Gyeong;Seo, Yang-Gyung;Lee, Hee-Yeon;Jang, Young-Eun;Park, Gui-Ok;Kim, Nam-Hee
    • Journal of Korean society of Dental Hygiene
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    • v.16 no.6
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    • pp.969-978
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    • 2016
  • Objectives: The purpose of the study was to examine the expected role and competency of future public health dental hygienist. Methods: This study was cross-sectional design. One dental hygienist per 16 cities and provinces was selected from the list of Korea Society of public dental hygienists. After signing in the informed consent, the interview was carried out. Transcripts were made after each interview. Six researchers recorded meaningful contents in the transcripts. They classified and integrated the information that they had recorded commonly or not. Their opinions were converged by conference. Two supervisors verified results whether they were derived from actual recordings for the reliability of the results. The records were confirmed once again and corrected into common message. Results: The main difficult subjects in public health official examination were public health, English, and medical legislation to pass the examine. The preliminary certificates included public health related certificate, computer certificate, and driver's license. In the personality aspect, creativity, activeness, cooperation and good responsibility were very important trait to public health official. Among 16 interviews, 9 were positive and 5 were negative about the future prospects of a public dental hygienist. Conclusions: The future of public health dental hygienist will be positive. Throughout effort to prepare for the public health official, the public health dental hygienist will be expanded and in many ways the dental hygienists will take the charge of the important parts of the public health administration in the near future.

The Effects of Financial Support Policies on Corporate Decisions by SMEs

  • NAM, CHANGWOO
    • KDI Journal of Economic Policy
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    • v.38 no.3
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    • pp.79-106
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    • 2016
  • This paper investigates the effectiveness of public credit guarantee programs and interest-support programs for SMEs (small and medium enterprises). First, assuming that there is an imperfect information structure in the SME loan market, we analyze how SME support financial programs affect the corporate decisions made by SMEs with regard to default or loan sizes. In addition, this paper theoretically computes the optimal levels of credit guarantee amounts and the interest-support spread under equilibrium with imperfect information in a competitive loan market. Second, the paper empirically analyzes the continuous policy-treatment effect with the GPS (generalized propensity score) method. In particular, we consider the ratio of guaranteed debt to the total debt as a continuous policy treatment. The empirical results show that marginal effects of a credit guarantee on SMEs' productivity, profitability, and growth potential decrease with the ratio of guaranteed debt to the total debt. In addition, the average effect of a credit guarantee is maximized when this ratio is at 50% to 60%.

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우리나라 토양환경정보관리체계 구축방안

  • Hwang Sang-Il;Lee Yang-Hui
    • Proceedings of the Korean Society of Soil and Groundwater Environment Conference
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    • 2005.04a
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    • pp.3-5
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    • 2005
  • The objective of this research was to develop a framework of the Soil Environment Information Management System (SEIMS). In this study, we found that the SEIMS needs to be consisted of three sub-systems (i.e., information input system, DB system, and opening to the public system), which is operated on the Web-GIS basis. Also, we suggested structure and detailed items for each sub-system which are acceptable under the basis of current legal and institutional system. Furthermore, we made several suggestions for future-oriented system. Further researches need to be pursued for developing efficiently the SEIMS, such as 1) DB standards for the SEIMS, 2) guidelines for each cleanup phase, 3) improvement of the SEIMS for groundwater quality, and 4) integrated SEIMS for both soil and groundwater system.

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Speech Emotion Recognition Using 2D-CNN with Mel-Frequency Cepstrum Coefficients

  • Eom, Youngsik;Bang, Junseong
    • Journal of information and communication convergence engineering
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    • v.19 no.3
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    • pp.148-154
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    • 2021
  • With the advent of context-aware computing, many attempts were made to understand emotions. Among these various attempts, Speech Emotion Recognition (SER) is a method of recognizing the speaker's emotions through speech information. The SER is successful in selecting distinctive 'features' and 'classifying' them in an appropriate way. In this paper, the performances of SER using neural network models (e.g., fully connected network (FCN), convolutional neural network (CNN)) with Mel-Frequency Cepstral Coefficients (MFCC) are examined in terms of the accuracy and distribution of emotion recognition. For Ryerson Audio-Visual Database of Emotional Speech and Song (RAVDESS) dataset, by tuning model parameters, a two-dimensional Convolutional Neural Network (2D-CNN) model with MFCC showed the best performance with an average accuracy of 88.54% for 5 emotions, anger, happiness, calm, fear, and sadness, of men and women. In addition, by examining the distribution of emotion recognition accuracies for neural network models, the 2D-CNN with MFCC can expect an overall accuracy of 75% or more.

A Study on the Improvement of Effectiveness in National Cyber Security Monitoring and Control Services (국가 전산망 보안관제업무의 효율적 수행방안에 관한 연구)

  • Kim, Young-Jin;Lee, Su-Yeon;Kwon, Hun-Yeong;Lim, Jong-In
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.19 no.1
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    • pp.103-111
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    • 2009
  • Recently, cyber attacks against public communications networks are getting more complicated and varied. Moreover, in some cases, one country could make systematic attacks at a national level against another country to steal its confidential information and intellectual property. Therefore, the issue of cyber attacks is now regarded as a new major threat to national security. The conventional way of operating individual information security systems such as IDS and IPS may not be sufficient to cope with those attacks committed by highly-motivated attackers with significant resources. As a result, the monitoring and control of cyber security, which enables attack detection, analysis and response on a real-time basis has become of paramount importance. This paper discusses how to improve efficiency and effectiveness of national cyber security monitoring and control services. It first reviews major threats to the public communications network and how the responses to these threats are made and then it proposes a new approach to improve the national cyber security monitoring and control services.

Factors Affecting the Insured Organizations Participation in Decision Making Process in Health Insurance Policy Committee (건강보험정책심의위원회 가입자 단체의 의사결정 참여에 영향을 미치는 요인)

  • Han, Joo-Sung;Kim, Chang-Yup
    • Health Policy and Management
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    • v.27 no.4
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    • pp.336-346
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    • 2017
  • Background: Due to the asymmetry of information and knowledge and the power of bureaucrats and medical professionals, it is not easy for citizens to participate in health care policy making. This study analyzes the case of the insured organization participating in the Health Insurance Policy Committee (HIPC) and provides a basis for discussing methods and conditions for better public participation. Methods: Qualitative analysis was conducted using the in-depth interviews with the participants and document data such as materials for HIPC meetings. Semi-structured interviews were conducted with purposively sampled six participants from organizations representing the insured in HIPC. The meanings related to the factors affecting participation were found and categorized into major categories. Results: The main factors affecting participating in the decision making process were trust and cooperation among the participants, structure and procedure of governance, representation and expertise of participants, and contents of issues. Due to limited cooperation, participants lacked influence in important decisions. There was an imbalance in power due to unreasonable procedures and criteria for governance. As the materials for meetings were provided inappropriate manner, it was difficult for participants to understand the contents and comments on the meeting. Due to weak accountability structure, opinions from external stakeholders have not been well received. The participation was made depending on the expertise of individual members. The degree of influence was different depending on the contents of the issues. Conclusion: In order to meet the values of democracy and realize the participation that the insured can demonstrate influence, it is necessary to have a fair and reasonable procedure and a sufficient learning environment. More deliberative structure which reflects citizen's public perspective is required, rather than current negotiating structure of HIPC.

Design and Implementation of an Ethereum-Based Deliverables Management System for Public Information Software Project (이더리움 기반 공공정보 소프트웨어 사업산출물 관리 시스템 설계 및 구현)

  • Lee, Eun Ju;Kim, Jin Wook
    • KIPS Transactions on Computer and Communication Systems
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    • v.11 no.6
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    • pp.175-184
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    • 2022
  • Blockchain is being studied in various fields such as logistics, fintech, medical care, and the public sector. In the public information software project, some deliverables are omitted because the developed deliverables and the deliverables requested by the project management methodology do not match, and an additional process is required for payment. In this paper, we propose the deliverables management system for public information software project which is configured a distributed environment using the Ethereum blockchain and which has an automatic payment system only when all deliverables are approved. This system can keep the service available in case of system failure, provide transparency and traceability of deliverables management, and can reduce conflicts between the ordering company and the contractor through automatic payment. In this system, the information of deliverables is stored in the blockchain, and the deliverables that their file name is the hash value calculated by using the version information and the hash value of the previous version deliverable, are stored in the SFTP server. Experimental results show that the hash value of the deliverables registered by the contractor is correct, the file name of the deliverables stored in the SFTP server is the same as the hash value registered in the Ethereum blockchain, and the payment is made automatically to the Ethereum address of the contractor when all deliverables are approved.

Assembling Geographic Information with SPOT-5 Satellite Imagery : A Case Study on North Korea (SPOT-5 위성영상을 이용한 북한지역 지리정보 구축에 관한 연구)

  • Sakong, Ho-Sang;Park, Jin-Hyeong
    • Journal of the Korean Association of Geographic Information Studies
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    • v.8 no.4
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    • pp.134-142
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    • 2005
  • In building geographic information for North Korea, we proposed the method of using SPOT-5 image, designed geographic information layers, and inspected the location accuracy. Basically this study is similar to existing method in which uses GCPs to build geographic information from SPOT-5 satellite imagery. However, this study adopted a different method of GCP acquisition. The GCP used in this study is a triangulation point which was made at Japanese imperialism eras. The location accuracy error was 8.755 meters horizontally, which satisfied the tolerance of 17.5 meters in the 1:25,000 scale public survey guidance. In conclusion, we suggest that geographic information for North Korea can be built from SPOT-5 images with the triangulation point made in Japanese imperialism times.

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A Proposal of Efficient Method for Data Center Information System Migration (데이터센터 정보시스템 이전을 위한 효율적인 방안 제시)

  • Song, Min-Gu;Kim, Sun-Bae
    • Journal of Digital Convergence
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    • v.12 no.3
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    • pp.201-210
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    • 2014
  • Recently, the more complicated with the elements made of information system, the more dangerous in migration them. So it is need to accomplish information system migration systematically. According to the movement of public institution, a large scale of information system migration is in processing and will be made. In this paper, I would like to suggest the use of migration solution in order to speed & effect information system migration process. This will be provided the pursuit function of information system movement, movement location pursuit in real time, monitoring function through the situation room, separation migration possibility on the basis of business attribute. Therefore, if you use the suggested solution, it will be decreased trial and error & minimized the movement time.