• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.1171-1180
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• 2021

This study aims to investigate the impact of the multimarket contract on risk-adjusted profitability. Risk-adjusted profitability is measured in terms of risk-adjusted return on assets. This study employs dynamic panel data of 27 commercial banks in Vietnam using the GMM estimator to test the multimarket contact hypothesis in the Vietnamese banking sector. The results show that there is a negative impact of multimarket contact on the profitability of banks. Multimarket contact, deposit to asset ratio, non-interest income to total income, GDP growth rate, Worldwide Governance Indicator (WGI), and operating cost to assets are the major determinants of risk-adjusted profitability of commercial banks. Our main findings show that Vietnamese banks' focus to increase the multimarket contact may lead to lower profitability and there is evidence that supports theory predictions, since the average number of contacts among banks, bank size, and capitalization are positively related to risk-adjusted profitability. The study has policy implications for commercial banks in that they should not only focus on interest as a source of income and diversify their income source from non-interest income as well since it helps to improve risk-adjusted profitability for them.

• Geomechanics and Engineering
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• v.30 no.5
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• pp.413-422
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• 2022

TBM is widely used in the construction of various underground projects in the current world, and has the unique advantages that cannot be compared with traditional excavation methods. However, due to the high cost of TBM, the damage is even greater when geological disasters such as collapse occur during excavation. At present, there is still a shortage of research on various types of risk prediction of TBM tunnel, and accurate and reliable risk prediction model is an important theoretical basis for timely risk avoidance during construction. In this paper, a prediction model is proposed to evaluate the risk level of tunnel collapse by establishing a reasonable risk index system, using analytic hierarchy process to determine the index weight, and using the normal cloud model theory. At the same time, the traditional analytic hierarchy process is improved and optimized to ensure the objectivity of the weight values of the indicators in the prediction process, and the qualitative indicators are quantified so that they can directly participate in the process of risk prediction calculation. Through the practical engineering application, the feasibility and accuracy of the method are verified, and further optimization can be analyzed and discussed.

• Korean Journal of Organic Agriculture
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• v.24 no.3
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• pp.369-383
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• 2016

Crop yield insurance program in Korea has rapidly grown not only in quantity but in quality for 15 years since it was introduced in 2001. Despite growth of Crop insurance, performance evaluation for crop yield insurance has not fully been evaluated at the farm, consumer and national level. The purpose of this study is to conduct the performance evaluation for crop yield insurance through estimating the effects of farm revenue stabilization and social welfare increase with three popular insurance items: apple, pear and sweet persimmon. Based on the analysis of social welfare effect, cost-benefit analysis of operating crop yield insurance was conducted at the national level. We found that crop yield insurance stabilizes farm revenue based on the estimated four risk indicators: Coefficient of Variation, Value at Risk, Certainty Equivalence, and Risk Premium. The result of cost-benefit analysis shows that crop yield insurance increases social net benefit by 44.1 billion won for the three items. As a result, crop yield insurance program has contributed remarkably on social welfare as well as farm management and its role will be more important in the future.

• Journal of Environmental Science International
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• v.24 no.7
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• pp.865-874
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• 2015

This study was conducted to investigate the correlation between the distribution chart and input data of the predicted 3-second gust and damage cost, by using the forecast field and analysis field of Regional Data Assimilation Prediction System (RDAPS) as initial input data of Korea risk assessment model (RAM) developed in the preceding study. In this study the cases of typhoon Rusa which caused occurred great damage to the Korean peninsula was analyzed to assess the suitability of initial input data. As a result, this study has found out that the distribution chart from the forecast field and analysis field predicted from the point where the effect due to the typhoon began had similarity in both 3-second gust and damage cost with the course of time. As a result of examining the correlation, the 3-second gust had over 0.8, and it means that the forecast field and analysis field show similar results. This study has shown that utilizing the forecast field as initial input data of Korea RAM could suit the purpose of pre-disaster prevention.

• Convergence Security Journal
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• v.15 no.5
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• pp.9-15
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• 2015

Cloud computing has emerged with promise to decrease the cost of server additional cost and expanding the data storage and ease for computer resource sharing and apply the new technologies. However, Cloud computing also raises many new security concerns due to the new structure of the cloud service models. Therefore, several cloud service certification system were performed in the world in order to meet customers need which is the safe and reliable cloud service. This paper we propose the new risk analysis method different compare with existing method for secure the reliability of certification considering public IaaS(Infrastructure as a Service) cloud service properties.

• Journal of Information Processing Systems
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• v.1 no.1 s.1
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• pp.79-85
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• 2005

In this paper, we dealt with substantial asset analysis methodology applied to two-dimensional asset classification and qualitative evaluation method according to the business process. Most of the existent risk analysis methodology and tools presented classification by asset type and physical evaluation by a quantitative method. We focused our research on qualitative evaluation with 2-dimensional asset classification. It converts from quantitative asset value with purchase cost, recovery and exchange cost, etc. to qualitative evaluation considering specific factors related to the business process. In the first phase, we classified the IT assets into tangible and intangible assets, including human and information data asset, and evaluated their value. Then, we converted the quantitative asset value to the qualitative asset value using a conversion standard table. In the second phase, we reclassified the assets using 2-dimensional classification factors reflecting the business process, and applied weight to the first evaluation results. This method is to consider the organization characteristics, IT asset structure scheme and business process. Therefore, we can evaluate the concrete and substantial asset value corresponding to the organization business process, even if they are the same asset type.

• Korean Journal of Computational Design and Engineering
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• v.9 no.4
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• pp.387-396
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• 2004

In order to keep and increase a competitive potential, industrial enterprises have to reduce their costs for product development as well as shorten lead time in product development processes. Moreover they have to respond to market factors and conditions such as increasing demands for functionality and individuality of products, short product life cycles, high pressure on prices and time to market. The improved functional requirement in connection with high time and cost pressure lead to high risk in product development. Technological fine improvements in connection with high time and cost pressure lead to high development risk. To cope with these challenges many enterprises have to collaborate globally. The collaborative engineering in product development is aimed to create distributed collaborative corporations and to facilitate the management of design conflicts. This paper provides a methodology for analyzing collaborative design process as well as the tools and the framework to support collaborative product development. The methodology can identify the interdependences among design tasks and teams. The tools and framework are implemented to facilitate the management of product development process.

• Management Science and Financial Engineering
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• v.16 no.3
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• pp.21-47
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• 2010

Quantity discounts provide a practical foundation for supply chain inventory policies, improving the supplier's profit and reducing the buyer's inventory cost simultaneously. Traditional quantity-discount research, which deals with inventory coordination between a buyer and a supplier, is extended to a stationary stochastic environment. This research shows that the magnitude of the optimal discounts scheduled by the deterministic quantity discount models may not be large enough to cover the buyer's additional inventory stocking risks under uncertain conditions. As a result, the buyer's total inventory cost may often increase rather than decrease. In contrast, the proposed model allows the supplier to identify the discount level, which shares the buyer's amplified risk associated with temporary overstocking and ensures that both buyer and supplier benefit economically. The performance of the proposed model was tested in the continuous review environments via numerical experiments. The experimental results support the proposed method as a feasible alternative in coordinating inventory decisions under stochastic demand.

• Journal of the Korea Safety Management & Science
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• v.9 no.2
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• pp.123-134
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• 2007

This paper focuses on the in-house reliability assurance plan for the bulk materials of each company. The reliability assurance needs in essence a long time and high cost for testing the materials. In order to reduce the time and cost, accelerated life test is adopted. The bulk sampling technique was used for acceptance. Design parameters might be total sample size(segments and increments}, stress level and so on. We focus on deciding the sample size by minimizing the asymptotic variance of test statistics as well as satisfying the consumer's risk. In bulk sampling, we also induce the sample size by adapting the normal life time distribution model when the variable of the lognormal life time distribution is transformed and adapted to the model. In addition, the sample size for both the segments and increments can be induced by minimizing the asymptotic variance of test statistics of the segments and increments with consumer's risk met. We can assure the reliability of the mean life and B100p life time of the bulk materials by using the calculated minimum sample size.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2017.11a
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• pp.187-188
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• 2017

Korean government is trying to adopt 'CM at Risk(CMR)' method to solve some problems of traditional project delivery method such as cost increase, delay, low quality. Pre-construction service(PCS) is a project management methodology of CMR and BIM is the best tool for efficient PCS execution. PCS is consisted of several main items such as Target costing, Cost trending, GMP, Design optimization, Constructability review and Productivity. The purpose of this research is to analyse contractor's PCS application case result and to find improvement items.