• Title/Summary/Keyword: Moderate Effect

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Financial Development, Business Cycle and Bank Risk in Southeast Asian Countries

  • TRAN, Son Hung;NGUYEN, Liem Thanh
    • The Journal of Asian Finance, Economics and Business
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    • 제7권3호
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    • pp.127-135
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    • 2020
  • The paper aims to examine whether business cycles affect the link between financial development and bank risk, measured by Zscore and non-performing loans to total loans in six Southeast Asian countries, namely Indonesia, Philippines, Malaysia, Singapore, Thailand and Vietnam. This study uses a sample of 95 listed commercial banks over a 15-year period between 2004 and 2018 in the six Southeast Asian countries. This study employs panel OLS regression and modifications to tackle issues such as endogeneity and heteroscedasticity. The results show that the impact of stock market development (the ratio of the market capitalization to GDP) on Zscore is significantly positive, whereas its effect on non-performing loans is significantly negative. The findings suggest that financial development, in terms of stock market capitalization, improves banks' Zscores and reduces their level of non-performing loans, suggesting that financial development on average reduces bank risk. The impact of business cycle is insignificant towards bank risk, thus rejecting both counter- and pro-cyclical hypotheses, except for the case of risk indicator of loan loss provisions. Examining the joint effect of the business cycle and financial development on bank risk, we find that the phase of business cycles generally does not moderate the link between financial development and bank risk.

The effects of physical training on antioxidative status under exercise-induced oxidative stress

  • Choi, Eun-Young;Cho, Youn-Ok
    • Nutrition Research and Practice
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    • 제1권1호
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    • pp.14-18
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    • 2007
  • This study investigated the effect of physical training and oxidative stress on the anti oxidative activity and on plasma lipid profile. Forty eight rats were given either a physical training or no training for 4 weeks and were then subdivided into 3 groups: before-exercise (BE); during-exercise (DE); after-exercise (AE). The antioxidative activity was evaluated with the activities of catalase in plasma and superoxide dismutase (SOD), the ratio of reduced glutathione/ oxidized glutathione (GSH/GSSG) and the level of malondialdehyde (MDA) in liver. The plasma concentrations of triglyceride (TG), total cholesterol (TC), high-density lipoprotein-cholesterol (HDL-C)) were also compared. Compared to those of non-training group. catalase activities of training group were lower before exercise but higher during and after exercise. SOD activities were higher regardless of exercise. GSH/GSSG ratio was higher before exercise but was not significantly different during exercise and even lower after exercise. There were no differences between non-training group and training group in MDA levels regardless of exercise. Compared to those of non-training group, atherosclerotic index of training group was lower after exercise and there were no significant differences before and during exercise. There were no differences between non-training group and training group in HDL-C regardless of exercise. These results suggest that moderate physical training can activate antioxidant defenses and decrease the atherosclerotic index and this beneficial effect is evident under exercise-induced oxidative stress.

사회적기업의 책임활동에 대한 소비자 인식이 기업이미지와 제품 태도에 미치는 영향에 관한 연구 - 자아이미지 일치성의 조절효과를 중심으로 - (Study of the corporate image and product attitude in view of consumer perception of corporate social responsibility ; - focus on the moderating effect of self-image accordance)

  • 진용삼;이재광
    • 한국산학기술학회논문지
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    • 제15권12호
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    • pp.7077-7092
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    • 2014
  • 본 연구에서는 자아이미지와 기업이미지와의 일치성 측면에서 기업이미지와 제품에 대한 태도와의 관계를 살펴보았다. 특히 실제적 이미지와 사회적 자아이미지로 구분하여, 일치성의 조절효과에 대해 살펴보았다. 연구결과를 사회적 기업의 책임활동이 기업이미지에 미치는 영향은 사회적 이미지에 미치는 영향요인 일부를 제외하고 유의한 영향을 미치는 것으로 나타났다. 그리고 실제적 자아이미지 일치성은 기업이미지 가운데 기업활동행위와 사회공헌행위가 제품태도에 미치는 영향을 조절하는 것으로 나타났다.

체외수정시술주기에서 배아와 난구세포의 공배양 효과에 관한 연구 (Effect of Co culture System with Autologous Cumulus Cells on Embryo Quality and Pregnancy Rates)

  • 허의종;이원기
    • Clinical and Experimental Reproductive Medicine
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    • 제25권3호
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    • pp.299-304
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    • 1998
  • Despite the rapid development of assisted reproductive technologies (ART) in recent years, implantation rates after replacement of embryos into the uterine cavity remains low. Several techniques such as culture conditions based on formulations of human tubal fluid and various ART techniques as GIFT, ZIFT, TET have been adopted in recent years to improve embryo viability in vitro and implantation rates. Also, coculture of human IVF-derived embryos have been used in an effort to increase the number of viable embryos following IVF and to improve synchrony between the developing embryo and the uterine environment. The aim of this study was to evaluate whether the use of co culture with autologous cumulus cells has a significant beneficial effect on the development of embryos in vitro and its relation to the pregnancy rates in 120 patients with previous failed IVF-ET from September, 1995 to January 1998. We obtained the results from which significant improvement in the quality of viable embryos were observed using a coculture system with autologous cumulus cells, but pregnancy rates in this group of patients did not differ from the rate in the standard IVF group during the same period. Our study shows that a simplified short-term coculture system with autologous cumulus cells may help rescue moderate quality embryos to cleave regularly.

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Dynamic characteristics of cable vibrations in a steel cable-stayed bridge using nonlinear enhanced MECS approach

  • Wu, Qingxiong;Takahashi, Kazuo;Chen, Baochun
    • Structural Engineering and Mechanics
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    • 제30권1호
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    • pp.37-66
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    • 2008
  • This paper focuses on the nonlinear vibrations of stay cables and evaluates the dynamic characteristics of stay cables by using the nonlinear enhanced MECS approach and the approximate approach. The nonlinear enhanced MECS approach is that both the girder-tower vibrations and the cable vibrations including parametric cable vibrations are simultaneously considered in the numerical analysis of cable-stayed bridges. Cable finite element method is used to simulate the responses including the parametric vibrations of stay cables. The approximate approach is based on the assumption that cable vibrations have a small effect on girder-tower vibrations, and analyzes the local cable vibrations after obtaining the girder-tower responses. Under the periodic excitations or the moderate ground motion, the differences of the responses of stay cables between these two approaches are evaluated in detail. The effect of cable vibrations on the girder and towers are also discussed. As a result, the dynamic characteristics of the parametric vibrations in stay cables can be evaluated by using the approximate approach or the nonlinear enhanced MECS approach. Since the different axial force fluctuant of stay cables in both ends of one girder causes the difference response values between two approach, it had better use the nonlinear enhanced MECS approach to perform the dynamic analyses of cable-stayed bridges.

Comparison of Breeding System Between Single Population and Two Sub-population Scheme by Computer Simulation I. Equal genetic level for Sub-populations

  • Oikawa, T.;Matsura, Y.;Sato, K.
    • Asian-Australasian Journal of Animal Sciences
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    • 제10권4호
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    • pp.422-427
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    • 1997
  • Breeding efficiency was investigated to reveal crucial factors for constructing effective breeding system with subdivided populations under equal genetic level. Simulation study of selection experiment was performed for 20 generations with 20 replications each, comparing average breeding values and inbreeding coefficients between the two breeding systems; single population scheme and two population scheme, each of which had the same genetic parameters. Genetic correlations (-0.5 to 0.5) were assumed to be caused only by pleiotropic effect of a gene. Phenotypes of the two traits generated by polygenic effect with additive 36 loci and residuals distributed normally were selected by two traits selection index procedure. Comparing between the single population scheme and the two population scheme, the single population scheme showed higher genetic gain with lower inbreeding coefficient. This result was confirmed particularly for the situation of high selection intensity, high heritability and high degree of unevenness for economic weight. Genetic correlations in the single population scheme were significantly lower than the two population scheme when initial genetic correlation was negative. When terminal crossbreeding for the two population scheme is taken into account, superiority of the two population scheme was suggested. The terminal crossbreeding was effective under the situation of long term selection, existence of moderate inbreeding depression and use of less extreme economic weight.

Estimation of Genetic Parameters for Wool Traits in Angora Rabbit

  • Niranjan, S.K.;Sharma, S.R.;Gowane, G.R.
    • Asian-Australasian Journal of Animal Sciences
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    • 제24권10호
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    • pp.1335-1340
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    • 2011
  • Different genetic parameters for weaning weight and wool traits were estimated using restricted maximum likelihood (REML) in Angora rabbits. Total wool yield of first (I), second (II) and third (III) clips were taken as a separate trait under study. The records from more than 2,700 animals were analysed through fitting six animal models with various combinations of direct and maternal effects. A log likelihood ratio test was used to select the most appropriate model for each trait. Direct heritability estimates for the wool traits were found to be moderate to high across different models. Heritability estimates obtained from the best model were 0.24, 0.22, 0.20 and 0.21 for weaning weight, clip I, II and III; respectively. Maternal effects especially due to permanent environment had higher importance at clip I and found to be declining in subsequent clips. The estimates of repeatability of doe effect on wool traits were 0.44, 0.26 and 0.18 for clip I, II and III; respectively. Weaning weight had moderately high genetic correlations with clip I (0.57) and II (0.45), but very low (0.11) with clip III. Results indicated that genetic improvement for wool yield in Angora rabbit is possible through direct selection. Further, weaning weight could be considered as desirable trait for earliest indirect selection for wool yield in view of its high genetic correlation with wool traits.

소셜 커머스 고객 만족에 영향을 미치는 요인에 관한 연구 (On the Factors that Affect Customers' Satisfaction in Social Commerce)

  • 최성호;이상용
    • 지식경영연구
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    • 제15권2호
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    • pp.165-182
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    • 2014
  • Social commerce is regarded as a kind of e-commerce that utilizes social media. Considering increasing complaints around social commerce market, it is important to see customers' satisfaction level and intentions to repurchase. In this study, we examine antecedents that affect customers' satisfaction and relationship between satisfaction and intention to repurchase in social commerce market. We also use social media characteristics as moderators between antecedents and customers' satisfaction. The main results are as follows. First, except site design, most of the intrinsic factors of service quality, such as information, transaction, communication and perceived security had positive effects on customers' satisfaction. Second, all the extrinsic factors of service quality, such as discount rate, constraints, and discrimination had significant impacts on customers' satisfaction. Third, the social media characteristics could not moderate the relationship between service qualities and customers' satisfaction. Fourth, customers' satisfaction had positive effect on the intention to spread through social media. Fifth, customers' satisfaction had positive effect on the intention to repurchase. Social commerce companies need to set up strategies considering the antecedents of customers' satisfaction using these research results. They also need to secure customers that have sustainable purchasing intentions.

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Moderating effects of leader-member exchange (LMX) on job burnout in dietitians and chefs of institutional foodservice

  • Lee, Kyung-Eun
    • Nutrition Research and Practice
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    • 제5권1호
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    • pp.80-87
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    • 2011
  • The objectives of the study were to investigate job burnout and leader-member exchange (LMX) levels as well as to evaluate buffering effects of LMX on burnout among dietitians and chefs at institutional foodservices. Hypotheses were proposed based on the Job Demands-Resources model and LMX theory. The study population consisted of dietitians and chefs who were in charge of managing unit operations in a nationwide contract management company. Positive/negative affectivity, workload, job burnout, and LMX scales that bad been validated in previous research were adopted A total of 552 questionnaires were distributed and 154 responses were returned. Results indicated that respondents' burnout levels were moderate and emotional exhaustion was greater than cynicism. In terms of LMX, the surveyed dietitians and chefs showed higher respect toward their supervisors than loyalty. When positive affectivity and negative affectivity were controlled, workload influenced emotional exhaustion and professional efficacy significantly. With affectivity and workload controlled, however, LMX did not influence any dimensions of burnout. The moderating effect of LMX on the relationship between workload and cynicism was significant. That is, the effect of workload on cynicism was weak if the dietitians and chefs perceived the relationship with their supervisor positively. Based on the findings and literature reviewed, how to mitigate job burnout among foodservice managers is discussed.

THE EXTRACTION OF THE THERMAL RADIATION ASSOCIATED WITH GREENHOUSE GASES FROM AIRS MEASUREMENTS

  • Kwon, Eun-Han;Kim, Yong-Seung;Lee, Sun-Gu
    • 대한원격탐사학회:학술대회논문집
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    • 대한원격탐사학회 2006년도 Proceedings of ISRS 2006 PORSEC Volume I
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    • pp.301-304
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    • 2006
  • For the purpose of investigating the contributions of various gases to climate change, the thermal radiation associated with greenhouse gases are extracted from AIRS (Atmospheric Infrared Sounder) infrared radiances over the tropical pacific region. AIRS instrument which was launched on the EOS-Aqua satellite in May 2002 covers the spectral range from 650 cm-1 to 2700 cm-1 with a spectral resolution of between 0.4 cm-1 and 1 cm-1. In order to extract the thermal radiation absorbed by individual gases, the interfering background radiances at the top of the atmosphere are simulated using the radiative transfer code MODTRAN (MODerate spectral resolution atmospheric TRANsmittance). The simulations incorporated the temperature and water vapor profiles taken from NCEP (National Centers for Environmental Prediction) reanalyses. The differences between the simulated background radiance and AIRS-measured radiance result in the absorption of upward longwave radiation by atmospheric gases (i.e. greenhouse effect). The extracted absorption bands of individual gases will allow us to quantify the radiative forcing of individual greenhouse gases and thus those data will be useful for climate change studies and for the validation of radiative transfer codes used in general circulation models.

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