• Title/Summary/Keyword: Quality Test

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The Effect of Earnings Quality on Financial Analysts' Dividend Forecast Accuracy: Evidence from Korea

  • NAM, Hye-Jeong
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.4
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    • pp.91-98
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    • 2019
  • Dividend policy is an important business decision and is considered a channel to communicate a firm's performance to shareholders. Given the empirical findings that earnings quality significantly affects financial analysts' forecasting activities, it is predicted that higher earnings quality would positively influence forecast accuracy. Specifically, it is expected that financial analysts would forecast dividends more accurately for firms with higher earning quality. Unlike the research on financial analysts' earnings forecasts was heavily conducted, there is little study about financial analysts' dividend forecasts. This paper examines the effect of earnings quality on financial analysts' dividend forecast accuracy. We use a sample of South Korean firms for the period of 2011-2015 for multivariate regression. Earnings quality is measured by accruals quality and performance-adjusted discretionary accruals followed by prior studies. We first compare the accuracy between dividend forecasts and earnings forecasts using t-test and Wilcoxon singed-rank test. It is confirmed that financial analysts' dividend forecasts are more accurate than earnings forecasts in Korea. We find that financial analysts' dividend forecasts are more accurate for firms with higher earnings quality. We also find that the result is still valid after controlling for the accuracy of financial analysts' earnings forecasts. This confirms that earnings quality positively affects financial analysts' dividend forecasts.

Factors Associated Quality of Life of Elderly in Non-paid or Paid Assisted Living Facilities (무료 및 유료 요양시설 거주노인의 삶의 질에 미치는 영향요인)

  • Sok, So-Hyune R.;Choi, Jin-Yi
    • Korean Journal of Adult Nursing
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    • v.24 no.2
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    • pp.99-108
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    • 2012
  • Purpose: The study was done to identify factors influencing the quality of life of elderly in non-paid or paid assisted living facilities. Methods: Data were collected by questionnaires from 634 elderly in Seoul and Gyeonggi province. Measures were self-esteem, activities of daily living, depression, family support, health status, facility adaptation, care facility's quality, and quality of life. Data were analyzed using $x^2$-test, independent t-test, ANCOVA, Pearson correlation coefficients, and stepwise multiple regression with SPSS/WIN 15.0 version. Results: The significant factors influencing quality of life of elderly in non-paid assisted living facilities were care facility's quality, depression, self-esteem, family support, education, and activity of daily living, which explained about 40.4% of the variance. The significant factors influencing quality of life of elderly in paid assisted living facilities were activity of daily living, depression, family support, education, care facility's quality, and facility adaptation, which explained about 83.9% of the variance. Conclusion: The results suggest that type of assisted living facilities in developing nursing interventions to improve quality of life of elderly should be considered.

Impact of Menstrual Attitudes, Premenstrual Syndrome, and Stress Response on Quality of Life among Nursing Students (간호대학생의 월경태도, 월경전증후군 및 스트레스반응이 삶의 질에 미치는 영향)

  • Jang, Hee Jin;Sung, Mi-Hae
    • Women's Health Nursing
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    • v.24 no.4
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    • pp.346-354
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    • 2018
  • Purpose: To identify effects of menstrual attitude, premenstrual syndrome, and stress response on quality of life of nursing students. Methods: Subjects were 135 nursing students who agreed to participate in this study. Data were analyzed using descriptive statistics, t-test, ANOVA, Pearson correlation, and stepwise multiple regression. Results: Premenstrual syndrome, younger than 20 years of age, and habit of eating bland food in everyday life were factors influencing quality of life of nursing students. These factors accounted for 17.6% of quality of life. Premenstrual syndrome toward quality of life was the most influential factor. Conclusion: Premenstrual syndrome is the most significant factor affecting the quality of life of nursing students. To increase their quality of life, it is important to develop and apply educational programs using factors influencing quality of life of the nursing students. Results of this study will be useful as basic data for improving quality of life of nursing students. Additional study is needed to test its effect in the future.

Red Ginseng Quality and Characteristics of KG101 a Promising Line of Panax Ginseng C.A. Meyer (인삼 우수계통 KG101의 생육과 홍삼품질)

  • 권우생;강제용
    • Journal of Ginseng Research
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    • v.22 no.4
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    • pp.244-251
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    • 1998
  • KG101 was developed by the Korea Ginseng & Tobacco Research Institute. We reported about yield trials and local adaptability test. Growth characteristics and red ginseng quality of KG101 in local performance test can be summarized as follows. Aerial parts growth, stem and leaf, was similar about KG101 and Jakyungjong, 4-year old and 6-year old ginseng. Emergence rate of KG101 was higher than Jakyungjong in the 3 location of local performance test. Taproot diameter of KG101 was smaller than Jakyungjong and taproot shape of KG101 had fitted characteristics, radish type and human body type, to manufactured red ginseng. Raw ginseng grade, 1st and 2nd of KG101 was higher than Jakyungjong's. Chun, Jeesam ratio to manufacture of 2nd grade of raw ginseng of KG101 was 25%, Jakyungjong was 6-13% in 3 location of local performance test. Distribution of red ginseng weight of Jakyungiong was heavier than KG101 in 2 location, Kongju and Jungup, but KG101 was heavier than Jakyungjong in Ichon. Red ginseng quality of KG101 was better than Jakyungiong. Main degrade factor of red ginseng quality was inside cavity and inside white, was not different lines and location.

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The Relation between Farmers' Syndrome and Quality of Life of Residents in Suburban Area (보건진료소 관할 도시근교 농촌지역 주민의 농부증과 삶의 질의 관계)

  • Park, In-Hyae;Joo, Ae-Ran;Kim, Youn-Kyoung
    • Research in Community and Public Health Nursing
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    • v.19 no.3
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    • pp.495-505
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    • 2008
  • Purpose: This study was conducted to identify the relation between farmers' syndrome and the quality of life of residents in suburban areas. Methods: A total of 994 subjects were selected through simple random sampling. Data were collected from June 25 to August 31, 2007. Data analysis included frequency, $X^2$-test, Fisher's exact test, t-test, ANOVA, Duncan test, and Pearson's correlation coefficient using SPSS Win 12.0. Results: 1. Analysis of farmers' syndrome showed that there were statistically significant differences according to age, gender, education, living with, family conversation, health security, monthly income, occupation, general health status, systolic blood pressure, and sleeping time. 2. Analysis of the qualify of life showed that there were statistically significant differences according to age, education, religion, family conversation, health security, monthly income, occupation, and sleeping time. 3. Farmers' syndrome was in a significantly negative correlation with quality of life. Conclusions: Considering the results above, we need to develop nursing interventions for decreasing hypertension, high blood sugar, and farmers' syndrome of residents in suburban area.

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Comparative Analysis on the Outlier Data of Each Parameter in Automatic Water Quality Monitoring Networks (수질자동측정망 자료의 항목별 이상치 비교 분석)

  • Lim, Byungjin;Hong, Eunyoung;Yeon, Insung
    • Journal of Korean Society on Water Environment
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    • v.26 no.4
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    • pp.700-706
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    • 2010
  • Along the 4 major rivers in korea, there are automatic water quality monitoring (AWQM) stations to immediately respond to any pollution incident. Real-time data (temperature, DO, pH, EC and TOC) collected at each station were statistically treated to exclude outliers and keep valid data using Dixon's test and Discordance test. These applied methods were compared in terms of the number of the outliers sorted out. There was no significant difference between these methods. On the other hand, more outliers were sorted out from EC and TOC data, comparing with other water quality items. EC data did not show partly any variation for a long time at H station. If measured signal does not exceed ${\pm}0.001mS/cm$ from the sectional mean, the signal should be treated as normal data. Therefore, another routine was added to the data screening system, some data which were removed as outlier were restored.

The Development and Effects of a Salutogenic Program for Married Immigrant Women (결혼이주여성의 건강생성(salutogenic)프로그램 개발 및 효과)

  • Kim, Na-Young;Choi, Yeon-Hee
    • The Korean Journal of Health Service Management
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    • v.10 no.4
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    • pp.197-212
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    • 2016
  • Objectives : This study develops a salutogenic program and examines its effects on the sense of coherence, acculturative stress, and quality of life of married immigrant women. Methods : The salutogenic program was developed based on Antonovsky's Salutogenic Model, and the study design was a nonequivalent control group pre-post test design. The participants were married immigrant Chinese (n=30) and Vietnamese (n=31) women, who were assigned to either an experimental group (n=29) or a control group (n=32). The data were analyzed using the ${\chi}^2$-test, t-test, Fisher's exact test, and repeated measures ANOVA, and the IBM SPSS for Windows (version 20.0) program was used to perform the analysis. Results : Compared to the control group, the sense of coherence (F=52.05, p <.001) and quality of life (F=6.95, p=.002) were significantly improved in the experimental group, and the acculturative stress (F=24.64, p<.001) in this group significantly decreased after implementing salutogenic program. Conclusions : These findings indicate that a salutogenic program is an effective intervention for married immigrant women. The study suggests that such programs can be applied to married immigrant women at public health or multicultural family support centers to improve their sense of coherence and quality of life.

A Study on the Field test of the Ready-mixed Shotcrete using in the Large-scale Mine (광산 대규격 갱도에 대한 레디믹스트 숏크리트의 현장 적용성 평가)

  • Kim, Dong-Min;Lee, Heung-Soo;Shin, Hong-Jun;Kang, Dong-Jun
    • Proceedings of the Korean Geotechical Society Conference
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    • 2009.09a
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    • pp.1511-1516
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    • 2009
  • In recent years, the large-scale shaft have been appling in domestic mine for mass production using a large machine, the safety of mine also have been increasing. And the new trial that shotcrete of tunnel field was apply to mine support was progressed. But, the conditions of domestic mine was different from that of tunnel, so, the batch plant of tunnel could not be installed in mine field because of low economical efficiency and difficulty for selection of site. Ready-mixed Shotcrete that mixed with high quality materials and could be controled shotcrete quality is producted in plants and transported to field, so do not need to batch plant. In this study, The Field test of the Ready-mixed Shotcrete was performed in the large-scale mine and was compared with the quality of Field mix shotcrete. As the result of the Field test, compressive strength and rebound of Ready-mixed Shotcrete were superior to these of Field mix shotcrete.

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Study on Methods in Test & Evaluation of the Guided Rocket Munition (유도형 로켓탄의 시험평가 방법에 관한 연구)

  • Ahn, Mahn-Ki;Kwon, Tag-Mahn;Hwang, Un-Hee;Hwang, Woo-Yull
    • Journal of the Korea Institute of Military Science and Technology
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    • v.13 no.6
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    • pp.1019-1025
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    • 2010
  • This paper describes on methods in test and evaluation of the guided rocket munitions of the domestic new generation multiple launcher rocket system. We modified and refer to the present model of air-to-air missile(AAM) and surface-to-air missile(SAM). Also we suggested a method of surface-to-surface missile(SSM) based on the characteristics of the guided rocket in test and evaluation(T&E). According to this study, the suggested activity of T&E should be observed methods compatible with each item on the established model. Therefore, we expect that the proposed research material will be a good guide to the study of a surface-to-surface missile(SSM) installed GPS/INS integration navigation guidance & control systems in the future.

A Case Study for Rock Mass Classification using Geophysical Exploration (물리탐사에 의한 터널구간의 암반등급 산정)

  • 김기석;권형석;김종훈
    • Proceedings of the Korean Geotechical Society Conference
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    • 2003.06b
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    • pp.119-137
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    • 2003
  • Electrical resistivity is one of physical property of the earth and measured by electrical resistivity survey, electrical resistivity logging and laboratory test. Recently, electrical resistivity Is widely used In determination of rock quality in road and railway tunnel design. To get more reliable rock quality data from electrical resistivity, it needs a lot of test and study on correlation of resistivity and rock quality. Firstly, we did rock property test In laboratory, such as uniaxial compressive strength(UCS), P wave velocity, Young's modulus and electrical resistivity. We correlate each test results and we found out that electrical resistivity has exponentially related to UCS and P wave velocity and linearly related to Young's modulus. And we accomplished electrical resistivity survey in field site and carried out electrical resistivity togging at In-situ area. Also we performed rock classification, such as RQD, RMR and Q-system and we correlate electrical resistivity to rock classification results. We found out that electrical resistivity logging data are highly correlate to RQD, Q and RMR. Also we found out that electrical resistivity survey data are lower than electrical resistivity logging data when there are faults or fractures. And it cause electrical resistivity survey data to lowly correlate to RQD, Q and RMR.

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