• The Journal of Asian Finance, Economics and Business
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• v.8 no.11
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• pp.1-10
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• 2021

This paper compares the performance of Fama-French three-factor and five-factor models using a dataset of 20 Pakistani commercial banks for the period 2011 to 2020. We focus on an emerging economy as the findings from earlier studies on developed countries cannot be generalized in emerging markets. For empirical analysis, twelve portfolios were developed based on size, market capitalization, investment strategy, and growth. Subsequently, we constructed five Fama-French factors namely, R_M, SMB, HML, RMW, and CMA. The OLS regression technique with robust standard errors was applied to compare the predictive power of both the Fama-French models. Further, we also compared the mean-variance efficiency of the Fama-French models through the GRS test. Our empirical analysis provides three unique and interesting findings. First, both asset pricing models have similar predictive power to explain the expected portfolio returns in most cases. Second, our results from the GRS test suggest that there is no noticeable difference in the mean-variance efficiency of one asset pricing model over the other. Third, we find that all factors of both Fama-French models are statistically significant and are important for explaining the volatility of expected commercial bank returns in the context of Pakistan.

• Journal of the Korea Construction Safety Engineering Association
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• s.51
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• pp.93-105
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• 2010

The object of this study is to understand the psychological factor of the worker on safety and recommend experimental factor of safety education program. The following are the methods of this study. We analyzed the statistical data from survey to workers(N=139) about the psychological factor on safely. The survey consisted of 34 questions about 4 factors like private external characteristic, psychological characteristic, characteristics on behavior, and experience and reason of disaster. As the result of the analysis of the multi regression model on the base of correlation of each of the major factors, psychological health, effort on practicing, and satisfaction on their life were the variables with high influence on the safety mind of workers. So, it is good safety strategy for effective working to maintain healthy life with optimistic minds, and try to practice actively as usual. After considering the result, for the development of safety education program for working, we have to consider psychological factors of our workers that influence their safety and try to improve the experimental education opportunity, and it will be effective.

• Proceedings of the KIPE Conference
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• 2017.07a
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• pp.88-89
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• 2017

This paper investigates the design of multi-winding coupled inductor for minimum inductor current ripple in rapid traction battery charger systems. Based on the general circuit model of multi-winding coupled inductor together with the operating principles of dc-dc converter, the relationship between the ripple size of inductor current and the coupling factor is derived under the different duty ratio. The optimal coupling factor which corresponds to a minimum inductor ripple current becomes -(1/n-1), i.e. a complete inverse coupling without leakage inductance, as the steady-state duty ratio operating point approaches 1/n, 2/n, … or (n1)/n. In an opposite manner, the optimal coupling factor value of zero, i.e. zero mutual inductance, is required when the steady-state duty ratio operating point approaches either zero or one.

• Transactions of the Korean Society of Machine Tool Engineers
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• v.15 no.2
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• pp.16-23
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• 2006

Recently the design of multi-stage gear drive is being highly concerned. Until now, since the researches of gear drive are focused on the design for satisfying safety factor, the reliability evaluation of multi-stage gear drive is not included. In this paper, the life and reliability models of multi-stage gear drive are proposed using methods of probability and statistics. The life and reliability of the multi-stage gear drive have been evaluated, which is based on the life and reliability of each stage gear drive. The pinion and gear lives of each stage are calculated using the Lundberg-Palmgren theory and the Weibull failure distribution. These lives are combined using methods of probability and statistics to produce a life and reliability model of multi-stage gear drive.

• Steel and Composite Structures
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• v.23 no.6
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• pp.657-668
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• 2017

In the most of previous studies, researchers have restricted their own studies to consider the effect of single walled carbon nanotubes as a reinforcement on the vibrational behavior of structures. In the present work, free vibration characteristics of functionally graded annular plates reinforced by multi-walled carbon nanotubes resting on Pasternak foundation are presented. The response of the elastic medium is formulated by the Winkler/Pasternak model. Modified Halpin-Tsai equation was used to evaluate the Young's modulus of the multi-walled carbon nanotube/epoxy composite samples by the incorporation of an orientation as well as an exponential shape factor in the equation. The exponential shape factor modifies the Halpin-Tsai equation from expressing a straight line to a nonlinear one in the multi-walled carbon nanotubes wt% range considered. The 2-D generalized differential quadrature method as an efficient and accurate numerical tool is used to discretize the equations of motion and to implement the various boundary conditions. The effects of two-parameter elastic foundation modulus, geometrical and material parameters together with the boundary conditions on the frequency parameters of the plates are investigated. This study serves as a benchmark for assessing the validity of numerical methods or two-dimensional theories used to analysis of annular plates.

• Journal of Korean Academy of Nursing
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• v.48 no.4
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• pp.419-431
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• 2018

Purpose: The purpose of this study was to develop and establish the psychometric properties of a clinical nursing competency evaluation tool to be utilized by clinical preceptors. Methods: The initial items were identified through in-depth literature review and field interviews based on a hybrid model. Content validation of the items was evaluated through three rounds of content validity testing. Participants were 34 clinical preceptors and 443 nursing students participating in clinical practice. Data were analyzed using exploratory and confirmatory factor analysis, convergence and discriminant validity, internal consistency and inter-rater reliability. Results: The final scale consisted of 23 items and four factors, fundamental nursing skills performance, critical thinking skills based on the nursing process, basic nursing knowledge, and professional attitude; these factor explained 69.7% of the total variance. The analysis with multi-trait/multi-item matrix correlation coefficients yielded 100.0% and 95.7 % convergence and discriminant validity, respectively. Cronbach's alpha for the total items was .95. The four subscale model tested by confirmatory factor analysis was satisfactory. Inter-rater reliability ranged from .912 to .967. Conclusion: This scale was found to be a reliable and valid instrument that clinical preceptors can apply for evaluating the clinical nursing competency of nursing students in clinical settings.

• BMB Reports
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• v.52 no.4
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• pp.271-276
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• 2019

Zingerone (ZGR), a phenolic alkanone isolated from ginger, has been reported to possess pharmacological activities such as anti-inflammatory and anti-apoptotic effects. This study was initiated to determine whether ZGR could modulate renal functional damage in a mouse model of sepsis and to elucidate the underlying mechanisms. The potential of ZGR treatment to reduce renal damage induced by cecal ligation and puncture (CLP) surgery in mice was measured by assessment of serum creatinine, blood urea nitrogen (BUN), lipid peroxidation, total glutathione, glutathione peroxidase activity, catalase activity, and superoxide dismutase activity. Treatment with ZGR resulted in elevated plasma levels of BUN and creatinine, and of protein in urine in mice with CLP-induced renal damage. Moreover, ZGR inhibited nuclear $factor-{\kappa}B$ activation and reduced the induction of nitric oxide synthase and excessive production of nitric acid. ZGR treatment also reduced the plasma levels of interleukin-6 and tumor necrosis $factor-{\alpha}$, reduced lethality due to CLP-induced sepsis, increased lipid peroxidation, and markedly enhanced the antioxidant defense system by restoring the levels of superoxide dismutase, glutathione peroxidase, and catalase in kidney tissues. Our study showed renal suppressive effects of zingerone in a mouse model of sepsis, suggesting that ZGR protects mice against sepsis-triggered renal injury.

• Journal of Drive and Control
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• v.19 no.3
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• pp.39-46
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• 2022

In South Korea, to evaluate the rollover safety of domestic vehicles, the maximum slope angle of the vehicle is specified, which is verified by the rollover safety test of driving vehicles. However, the domestic rollover safety test is not suitable for buses, because the small amount of static stability factor (SSF) will invalidate the rollover experimental equation due to the high center of mass position of buses. To solve the above problems, a dynamic model of the bus is prepared with assumptions of mass and suspension spring properties. Subsequently, the maximum slope angle of the model was computed by using the simulation of multi-body dynamics, and the result was compared with actual test results to validate the dynamics model. Also, the rollover Fishhook (roll stability) test was conducted in the simulation for driving model. During the simulation, roll angle and roll rate were calculated to check if a rollover occurred. Through the rollover simulation of buses, the domestically regulated formula for rollover safety and the procedure of rollover test for driving vehicles are evaluated. The conclusion is that the present regulation of rollover test should be reconsidered for buses to ensure to get the valid results for rollover safety.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.11 no.8
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• pp.3766-3788
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• 2017

A blockchain is an underlying technology and basic infrastructure of the Bitcoin system. At present, blockchains and their applications are developing rapidly. However, the basic research of blockchain technology is still in the early stages. The efficiency and reliability of blockchain communication is one of the research problems that urgently need to be studied and addressed. Existing algorithms may be less feasible for blockchain-based communication because they only consider a single communication factor (node communication capability or node trust degree) and only focus on a single communication performance parameter(communication time or communication reliability). In this paper, to shorten the validation time of blockchain transactions and improve the reliability of blockchain-based communication, we first establish a multi-link concurrent communication model based on trust degree, and then we propose a novel integrated factor communication tree algorithm (IFT). This algorithm comprehensively considers the node communication link number and the node trust degree and selects several nodes with powerful communication capacity and high trust as the communication sources to improve the concurrency and communication efficiency. Simulation results indicate that the IFT algorithm outperforms existing algorithms. A blockchain communication routing scheme based on the IFT algorithm can increase communication efficiency by ensuring communication reliability.

• International Commerce and Information Review
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• v.10 no.2
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• pp.141-164
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• 2008

This study aims to come up with the elements that have influence on the outcomes of technology transfer in a multi-divisional way by making analysis of the interactive relations among technology transfer factor, technology transfer procedure factors, and technology transfer outcome factors through the Structural Equation Model(SEM). And the sample companies are restricted to the ones that have the records of technology transfer to China for the past five years For research model, technology success factor model of Choi and Lee (2000) and technology receptive capability and technology transfer outcome model of Lin, Tan and Chang(2002) were adopted. The research model was divided into an external variable, technology transfer factors and an internal variables, technology transfer procedure factors and technology transfer outcome factors. Research hypothesis was divided into technology transfer factors and technology transfer procedure factors; and technology transfer outcomes. As a result of analysis, cultural difference associated with technology transfer, technological type, corporate capability, and mutual trust have an effect on the outcomes of technology transfer.