• Title/Summary/Keyword: Theory Use

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The Effect of Debt Capacity on the Pecking Order Theory of Fisheries Firms' Capital Structure (수산기업의 부채수용력이 자본조달순서이론에 미치는 영향)

  • Nam, Soo-Hyun;Kim, Sung-Tae
    • The Journal of Fisheries Business Administration
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    • v.45 no.3
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    • pp.55-69
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    • 2014
  • We try to test the pecking order theory of Korean fisheries firm's capital structure using debt capacity. At first, we estimate the debt capacity as the probability of assigning corporate bond rating from credit-rating agencies. We use logit regression model to estimate this probability as a proxy of debt capacity. The major results of this study are as follows. Firstly, we can confirm the fisheries firm's financing behaviour which issues new debt securities for financial deficit. Empirical test of SSM model indicates that the higher probability of assigning corporate bond rating, the higher the coefficient of financial deficit. Especially, high probability group follows this result exactly. Therefore, the pecking order theory of fisheries firm's capital structure applies well for high probability group which means high debt capacity. It also applies for medium and low probability group, but their significances are not good. Secondly, the most of fisheries firms in high probability group issue new debt securities for their financial deficit. Low probability group's fisheries firms also issue new debt securities for their financial deficit within the limit of their debt capacity, but beyond debt capacity they use equity financing for financial deficit. Therefore, the pecking order theory on debt capacity come into existence well in high probability group.

The Economics of Forest Management for Multiple Uses : The Theory and Applications (다목적(多目的) 산림경영(山林經營)의 경제학적(經濟學的) 고찰(考察) : 그 이론(理論)과 응용(應用))

  • Youn, Yeo Chang
    • Journal of Korean Society of Forest Science
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    • v.76 no.2
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    • pp.169-177
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    • 1987
  • The concept of multiple-use forestry can be considered as a simple application of the economic theory which commands the efficient utilization of resources. This paper reviews two important branches of the economic theory-theory of the firm and the capital theory-and discusses various methodologies of measuring the non-timber benefits from the forest. In addition, an empirical analysis with an example of the Deogyu National Park is presented. For this purpose, the Clawson's Travel Cost Method was employed.

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A Study on Voluntary Acceptance and Diffusion of Game Shut-Down Policy Based on Excellence Theory and Psychological Reactance Theory (게임 셧다운제도의 자발적 수용 및 확산방안에 관한 연구 : 우수성 이론과 심리적 반발이론을 중심으로)

  • Park, Chan-Uk;Lee, Sin-Bok
    • Journal of Information Technology Services
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    • v.11 no.2
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    • pp.93-106
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    • 2012
  • Recently, a Game Shut-down policy, partially limiting the time for the use of online game service, has been implemented in order to protect the youth from the excessive use of games by limiting their access to games in the late hours, based on the serious side effects of online games on the youth. However, the effectiveness of a Game Shut-down policy becomes a social issue. Thus, this study aims to investigate the alternative policies through the levels of the communications suggested by the theory of excellence, for the successful implementation of the policy. As a result of the study, the government and students, the recipient of those policies, need to strengthen their two-way communication in respect of the Game Shut-down policy, breaking from the existing views on the perception. The problem is that the current government's way of the communication for the Game Shut-down policy is one-way and it is aiming at achieving the objectives only. Thus, the communication in this manner will cause the side effect. 'the opportunistic violation of the system in the future', even if the students seemingly accept the system. Two-way communication will enhance the motivation for the voluntary acceptance of the system and lower the motivation for the opportunistic violation of the system. Thus, the government needs to strengthen two-way communication in the future.

Natural Frequencies of Laminated Composite Plates Attached Point Mass Under an Uniform Axial-Loading (등분포 축하중을 받고 첨가질량이 재하된 적충복합판의 고유진동수)

  • Park, Jae-Sean;Hong, Chang-Woo;Lee, Jung-Ho;Lee, Joo-Hyung
    • Journal of Industrial Technology
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    • v.19
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    • pp.235-243
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    • 1999
  • Vibration analysis for some of simple supported antisymmetric composite laminated plate loaded uniformly distributed axial force and attached mass was carried out. Because it is complicated to analysis this type of plate by theory of antisymmetric laminate, possibility for application of theory of special orthotropic laminate was studied, and natural frequency of laminated plate attached mass was calculated. Stiffness $B_{16}$, $B_{26}$, $D_{16}$, $D_{26}$ for this type of antisymmetric laminated plate converge on zero as the number of ply increases and it is possible to use classical theory by reason that considered plate has quasi-homogeneity without relevance to variation of angle. Difference between results by theory of antisymmetric and special orthotropic laminate is 0.36~1.96%, therefore it is convenient to analyze this by use of theory of special orthotropic laminate. When composite laminated plate with attached mass is analyzed range that was able to neglect self-weight of plate was proposed.

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Natural Frequencies of Laminated Composite Plates with Attached Mass Under an Uniform Axial-Loading (등분포 축하중을 받고 첨가질량이 재하된 적층복합판의 고유진동수에 관한 연구)

  • Hong, Chang-Woo;Kim, Kyeong-Jin
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.4 no.4
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    • pp.181-190
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    • 2000
  • Vibration analysis for some of simple supported antisymmetric composite laminated plate loaded uniform axial-loading and attached mass was carried out. Because it is complicated to analyze this type of plate by theory of antisymmetric laminate possibility for application of theory of special orthotropic laminate was studied, and natural frequency of laminated plate attached mass was calculated. Stiffness $B_{16}$, $B_{26}$, $D_{16}$, $D_{26}$ for this type of antisymmetric laminated plate converge on zero as the number of ply increases and it is possible to use classical theory by reason that considered plate has quasi-homogeneity without relevance to variation of angle. Difference between results by theory of antisymmetric and special orthotropic laminate is 0.36~1.96%, therefore it is convenient to analyze this by use of theory of special orthotropic laminate. When composite laminated plate with attached mass is analyzed range that Was able to neglect self-weight of plate was proposed.

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A Study on the Factors Influencing the Body Dissatisfaction and Eating Disorders of Female Social Network Service Users: Focusing on Objectification theory and Social Comparison theory (SNS 여성 이용자의 신체불만족과 식이장애에 미치는 영향요인에 관한 연구: 대상화이론과 사회비교이론을 중심으로)

  • Kim, Dahee;Park, Minjung
    • Fashion & Textile Research Journal
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    • v.22 no.4
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    • pp.469-480
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    • 2020
  • The study investigated the effects of SNS usage on 20s and 30s female SNS users' internalization of thin body, body surveillance, appearance upper comparison, body dissatisfaction and eating disorders based on objectification theory and social comparison theory. The study examined differences on SNS usage and body image variables between high and low groups of SNS envy and self-compassion. Social Network Service (SNS) is used as a contemporary marketing tool for brands and companies. It also influences the body image of female SNS users. The survey used an online survey company for female SNS users in their 20s and 30s to analyze the effect of SNS usage. The results showed that SNS usage significantly impacted the internalization of a thin body, body surveillance and appearance upper comparison. The internalization of thin body also had a significant impact on body surveillance and appearance upper comparison. Appearance upper comparison positively affected body dissatisfaction and eating disorders. Finally, the group with higher SNS envy showed higher SNS usage, internalization of thin body, body surveillance, appearance upper comparison, body dissatisfaction and eating disorders. The group with higher self-compassion showed opposite results. This study provided a theoretical expansion for a SNS and female body image study with objectification theory and social comparison theory. It also suggests positive SNS marketing strategies use for brands. Lastly, this study emphasized the importance of the proper use of SNS to protect the body image of SNS users.

Single variable shear deformation model for bending analysis of thick beams

  • Abdelbari, Salima;Amar, Lemya Hanifi Hachemi;Kaci, Abdelhakim;Tounsi, Abdelouahed
    • Structural Engineering and Mechanics
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    • v.67 no.3
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    • pp.291-300
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    • 2018
  • In this work, a new trigonometry theory of shear deformation is developed for the static analysis of thick isotropic beams. The number of variables used in this theory is identical to that required in the theory of Euler-Bernoulli, sine function is used in the displacement field in terms of the coordinates of the thickness to represent the effects of shear deformation. The advantage of this theory is that shear stresses can be obtained directly from the relationships constitute, while respecting the boundary conditions at the free surface level of the beam. Therefore, this theory avoids the use of shear correction coefficients. The differential equilibrium equations are obtained using the principle of virtual works. A thick isotropic beam is considered, whose numerical study to show the effectiveness of this theory.

Visitor Adjustment and Coping Behavior for Use Level in a Recreational Setting - A Case Study of Bukhansan National park - (휴양환경 이용수준에 대한 방문객의 적응 및 대응행동 - 북한산 국립공원 소귀천 탐방로를 대상으로 -)

  • 허학영;안동만
    • Journal of the Korean Institute of Landscape Architecture
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    • v.30 no.6
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    • pp.38-46
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    • 2003
  • Perceived crowding is known as a necessary method to evaluate social carrying capacity in recreational settings. But according to the results of previous research, perceived crowding, use density, and satisfaction have shown weak and indirect correlations. The theory of visitors’ adjustment is one of several possible explanations for this poor relation. But the validity of the visitors’ adjustment theory has not been not inspected clearly. Therefore, the purposes of this study are to understand visitors’ adjustment theory and to examine visitors’ adjustment to the overuse of recreational settings. Study hypotheses were formulated through literature review and related to visitors’ adjustment in recreation density. Pour hypotheses were established and inspected with the case study, i.e., Rationalization : Visitors’ satisfaction isn't related to use density in recreation setting, 2) Product-shift : Preference norm is related to current use density, 3) Self-selection : Visitors’ satisfaction for the use level is generally high, and 4) Displacement : Norm interference is related to willingness to revisit. The case study was conducted during May and June,2001. According to the results of this survey, visitors adjust to overuse of recreation setting through rationalization and product shift (hypotheses l/2 acceptance). Current use density isn't related to visitors’ satisfaction and willingness to revisit (see table 3). And visitors’ preference norm is modified by situation (see table 4). Visitors’ satisfaction and willingness to revisit don't show a high correlation but moderately high (see table 5, hypothesis 3 acceptance). Differences between visitors’ preference norm and current use density is norm interference. Norm interference isn't related to willingness to revisit (see table 7). Therefore, the norm interference concept is not a useful method to explain visitors’ adjustment to the degree of overuse in a recreational setting (hypothesis 4 rejection). As for future directions, the following are proposed: 1) correctly understanding and reestablishing the visitor norm and norm interference concept, 2) introducing a composite research method to monitor visitors’ behavior and survey visitors’ attitudes and coping responses. These efforts would be helpful in the Planning and management of recreational settings to improve the quality of visitors’ experiences.

An Empirical Analysis of the Active Use Paths induced by YouTube's Personalization Algorithm (유튜브의 개인화 알고리즘이 유도하는 적극이용 경로에 대한 실증분석)

  • Seung-Ju Bae
    • Journal of Korea Society of Industrial Information Systems
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    • v.28 no.2
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    • pp.31-45
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    • 2023
  • This study deals with exploring qualitative steps and paths that appear as YouTube users' usage time increases quantitatively. For the study, I applied theories from psychology and neuroscience, subdivided the interval between the personalization algorithm of the recommendation system, and active use and analyzed the relationship between variables in this process. According to the theory behavioral model theory (FBM), variable reward, and dopamine addiction were applied. Personalization algorithms easy clicks as triggers according to associated content presentation functions in behavioral model theory (FBM). Variable rewards increase motivational effectiveness with unpredictability of the content you search, and dopamine nation is summarized as stimulating the dopaminergic nerve to continuously and actively consume content. This study is expected to make an academic and practical contribution in that it divides the purpose of use of content in the personalization algorithm and active use section into four stages from a psychological perspective: first use, reuse, continuous use, and active use, and analyzes the path.

Factors Affecting Intention to Use Security Functions in SNS (소셜 네트워크 서비스의 보안기능 사용의도에 영향을 미치는 요인 : Facebook을 중심으로)

  • Kim, Hyeob;Kim, Kyung Kyu;Lee, Ho
    • Journal of Information Technology Services
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    • v.13 no.2
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    • pp.1-17
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    • 2014
  • Social networking service (SNS) is a service that allows people to share information, manage relationships with others, and express themselves on the Internet. The number of SNS users have increased explosively with the growth of mobile devices such as smartphones. As the influence of SNS has grown extensively, potential threats to privacy have also become pervasive. The purpose of this study is to empirically examine the main factors that affect users' intentions to use security functions provided by their SNS. The main theories for this study include the rational choice theory and the theory of planned behavior. This study has identified the factors that affect intention to use security functions. In addition, security function awareness and information security awareness are found to be important antecedents for intention to use security functions. The results of this study implies that when SNS providers develop security policies, they should consider the ways to improve users information security awareness and security function awareness simultaneously.