• Title/Summary/Keyword: Variance Explanation Power

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The Dynamic Relationship between Stock Returns and Investors' Behavior : Trading Hour and Non-trading Hour Analysis (주가와 투자 주체의 상호 관계에 관한 연구 : 거래 시간대와 비거래 시간대 수익률 분석)

  • Ko, Kwang-Soo;Kim, Kwang-Ho
    • The Korean Journal of Financial Management
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    • v.27 no.2
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    • pp.145-167
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    • 2010
  • We investigate the dynamic relationship between stock returns and investors' behavior. For the putpose of the paper, daily KOSPI returns are decomposed into two parts: overnight returns and daytime returns. Overnight return is measured by the closing price of the previous day and the opening price of the current day. And daytime return is measured by the opening and closing prices of the current day. Qvernight returns are assumed to reflect global economic information, and daytime returns, domestic or local information. Major results are as follows: Foreign investors' behavior has an effect on the overnight returns more than the daytime returns. Individual investors' behavior, however, has little effect on the overnight returns, but not the daytime returns. Consequently, forecast error variance decomposition shows that the variance explanation power of foreign investors is higher in overnight returns rather than in the daytime returns. And the variance explanation power of individual investors is higher in daytime returns rather than in overnight returns. It implies that foreign investors employ dynamic hedging strategies and give more weight to global economic information rather than to domestic information. We conclude that investment behavior of foreign investors and domestic individuals is based on different economic information. This paper's findings are consistent with the economic situation that the Korean capital markets have faced since the global financial crisis of August 2008.

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Analysis of Nursing Studies of Coping Conducted in Korea from 1978 to 1995 (대처 개념의 국내 간호연구 분석)

  • 소향숙;조복희;홍미순
    • Journal of Korean Academy of Nursing
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    • v.26 no.3
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    • pp.709-729
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    • 1996
  • This study was done to analyze the trends of research on coping in Korea, to suggest future direction, for research on coping, and ultimately to contribute to an increase in explanation of adaptation. This article reviewed 79 nursing research papers on coping done since 1978 by examining them according to the period of publication or presentation, research design, type of subjects, measurement instruments, research for a degree or not, range of reliability, and association of coping and related variables. The results are as follows : The number of studies on coping increased rapidly from the mid-1980's and decreased slowly from the mid-1990's. The maority of the studies were surveys, comparative studies, or correlational studies. The subects of the 46 studies were healthy people, while those in the remaining studies were patients with a variety of illnesses. Thirth-eight studies on coping were done for master's thesis, three for dissertion, and 38 were not degrees. The Bell and Jalowiec coping scales have not been used since the early 1990's. In contrast, Lazarus and Folkman's W.C.C.L. has been used increasingly since that time. The reliabilities of the coping scale were reported in 37 cases and the Cronbach's alpha coefficients were .71 to .86. All subjects reported using more problem-oriented coping than emotion-oriented coping in short-term or emotion-oriented coping and healthy groups did more long-term coping. It was difficult to describe consistently the relationship between stress and coping according to the type of coping scale or research subjects, but generally moderate relationships were found. This was due to instrumental problems and no consideration of situational context. The subject group who used more short-term coping and less long-term coping reported poorer mental status, and higher scores in burnout and state anxiey than others. That is, the relationship between stress and adaptation increased the power of explanation with intervening the mediating effect of coping. The association of locus of control, mastery, social support, and self-concept with coping showed positive relationships : those of uncertainty and severity in illness with coping showed negativerelationships ; those of state anxiety and depression with short-term coping were positive, and those of self-esteem with long-term coping or problem-oriented coping were negative. There were significant differences in the scores of types of coping according to religion, level of education, and socio-economic status. That is, Presbyterians and Catholics, those with higher education levels and higher socio-economic status used more long-term or problem-oriented coping. On the basis of the above findings the following recommendations are made : 1. There is a need to test the mediating effect of coping variable in order to clarify the concept. 2. Longitudinal studies are needed to determine the patterns of change in coping strategies when stressful events are encountered. 3. It's necessary to develop a reliable and variable measurement tool for coping. 4. There is a need to identify subscales of coping to increase explanation of variance 5. It's necessary to consider personal, situational, and antecedent variables : the characteristics of subject populations, the natures of illness and treatment situations. 6. The power of explanation of studies designed to identify the stress-adaptation process should be increased using the combination model of process-oriented coping and cognitive-structural model.

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Effects of the Social Health of the Aged on their Quality of Life (고령자의 사회적 건강이 삶의 질에 미치는 영향)

  • Park, Young-Seok
    • The Journal of the Korea Contents Association
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    • v.13 no.11
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    • pp.726-739
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    • 2013
  • The purpose of this paper is to assert the necessity of social health as a solution to resolve social issues of the aged in the nearing aged society, and to assess the effects that the social health of the aged has on their quality of life. In doing so, the study gathered as its study subjects those aged persons who participate in social activities among persons aged 65 or older who reside in Euiwang-si, Gyeonggi-do. A total of 157 subject studies were used for the final analysis. An analysis of frequency, t-Test and one-way ANOVA, Duncan post-test, correlation analysis and hierarchical regression analysis was conducted by using the IBM SPSS 21.0. The main study findings are as follows. with respect to the correlation between socio-demographic factors and social health, economic level, subjective level of health and social health showed a positive correlation. Domiciliary treatment level and subjective level of health showed a negative correlation with economic level and social health, respectively. with respect to the effects of social health on quality of life, in the case of model 1 which only input factors of socio-demographical characteristics, the variance explanation power was found to be 38.2% and the regression model was found to be significant (F=13.141, p<.001). In the case of model 2 which input factors of socio-demographical characteristics and social health, the variance explanation power was found to be 13.8% and the regression model was found to be significant (F=20.057, p<.001). Based on such study results, this study recommends a number of proposals.

Associated Factors of Suicidal Ideation in Community Residents with Suicidal Attempt Experiences (자살시도 경험이 있는 지역주민의 자살사고에 관한 연구)

  • Kim, Mi-Young;Jun, Seong-Sook;Kim, Kyung Hee
    • Research in Community and Public Health Nursing
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    • v.24 no.2
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    • pp.135-142
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    • 2013
  • Purpose: The purpose of this study is to explore influencing factors which contribute to the suicidal ideation in community residents who have ever experienced suicidal attempts. Methods: The subjects of this study were a total of 165 local residents with some experiences of suicidal attempts in B City and K Province. The data were collected from May 1st to October 30th, 2012 and self-report questionnaires including Suicidal Ideation Inventory, Self-Esteem Inventory, Depression, Family and Social Support Inventory were used as a measurement tool. The data were analyzed using t-test, ANOVA, Pearson correlation coefficients, multiple regression with the SPSS/WIN 18.0 program. Results: The average score of suicidal ideation in the local residents with experiences of suicidal attempts was $12.7{\pm}6.25$. Predicted factors on suicidal ideation in the local residents with experiences of suicide attempts included self-esteem, depression and physical illness, and the suicidal ideation has a variance explanation power of 54%. Conclusion: The development and application of intervention programs, which can help to increase self-esteem levels and decrease depression levels among community residents with experiences of suicidal attempts, are first needed. Furthermore, nursing services of customized self-management for people with physical disabilities are needed on the basis of their own physical problems.

Factors Influencing Fear of Dementia among Middle-Aged and Older Adults (중노년기 성인의 치매두려움 영향요인)

  • Kim, Bo Ram;Chang, Hee Kyung
    • Research in Community and Public Health Nursing
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    • v.31 no.2
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    • pp.156-165
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    • 2020
  • Purpose: This study was performed to identify the factors influencing the fear of dementia in middle-aged and older adults. Methods: Data on the characteristics, dementia knowledge, dementia attitude, dementia health beliefs, and fear of dementia of 156 participants were collected from January 20 to March 22, 2018, using a structured questionnaire. The data were analyzed with the SPSS/WIN 21.0 program for descriptive statistics, using an independent t-test, one-way analysis of variance, Pearson's correlation coefficient, and stepwise multiple regression. Results: Significant factors associated with fear of dementia among middle-aged and older adults were subjective life satisfaction (F=3.72, p=.006) and regular exercise (t=6.05, p=.015). Fear of dementia has positive correlations with dementia attitude, perceived susceptibility, perceived severity, and perceived barrier. The determining factors affecting fear of dementia in middle-aged and older adults were perceived severity (β=.46, p<.001), followed by a perceived barrier (β=.20, p=.004) and perceived susceptibility (β=.17, p=.023), and the explanation power was about 47.8%. Conclusion: The results suggest that perceived severity, perceived barrier, and perceived susceptibility be considered in developing the nursing interventions to increase perceived severity, perceived susceptibility, and to decrease perceived barrier to dementia by evaluating dementia health beliefs to manage the fear of dementia among middle-aged and older adults.

Effects of the Emotional Suppression and Burnout on the Job Satisfaction among Physical Therapists (물리치료사의 정서억제와 직무탈진이 직무만족에 미치는 영향)

  • Bae, Won-Sik;Lee, Geon-Cheol;Oh, Hye-Won
    • Journal of the Korean Society of Physical Medicine
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    • v.6 no.2
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    • pp.177-187
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    • 2011
  • Purpose: The purpose of this study was to identify the effect of emotional suppression and burnout on the job satisfaction. Methods: We distributed questionnaires to 216 physical therapists and collected completed questionnaires from 193. We analyzed the data using frequency analysis, independent t-tests, analysis of variance. and multiple regression. Results: The results were as follows; 1) General characteristics of participants were 62.7% male, 43.5% less 30 years old, 31.6% working over 10 years in the hospital. 27.1% participants treated 31 patients or more a day, most(85.5%) participants were regular staff members. 2) Emotional Suppression, exhaustion and diminished self-efficacy were significantly correlated with job satisfaction. According to result of regression analysis on the job satisfaction, the job satisfaction negatively related with the diminished self-efficacy, exhaustion but positively related with the emotional supression. Their power of explanation regarding job satisfaction was 31.2%. Conclusion: These results showed that diminished self-efficacy was importantly influenced on the job satisfaction. So this result of the study means that we must improve the stratege for keeping efficient management.

Relationship of Successful Aging, Depression, and Family Function Among Rural Community Elders Living at Home (농촌지역 재가노인의 성공적 노화, 우울과 가족기능간의 관계)

  • Ban, Keum-Ok;Han, Hye-Ja
    • Journal of Korean Academy of Rural Health Nursing
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    • v.7 no.1
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    • pp.19-27
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    • 2012
  • Purpose: This study was done to examine the relationship of successful aging, depression, and family function in rural elders. Method: A descriptive correlation study design was used and data of the study were collected from 272 people who were overn 65 years of age and lived in a rural community. Result: The mean score for successful aging was $2.28{\pm}0.46$ points of a maximum 3 points. The elders showed a moderate degree of family function ($6.98{\pm}2.83$ points out of 10 points). The mean score for depression was $6.13{\pm}3.75$ points out of 15 points. There was a statistically significant correlation between successful aging and both depression (r=-.659, p<.001) and family function (r=.621, p<.001). Stepwise regression analysis was done to verify factors influencing successful aging. Depression was the dominant factor accounting for 43.2% of the total variance, followed by family function and age in that order. Inclusion of all of the study values resulted in an explanation power of 61.7%. Conclusion: The study results suggest that the provision of individual socio-psychological, and economic measures is important to promote successful aging in rural areas which are different in terms of socio-cultural as well as regional factors compared to urban areas.

Relationship Between Intra-Organizational Communication Satisfaction and Safety Attitude of Nurses (간호사의 조직 의사소통 만족과 환자안전에 대한 태도와의 관계)

  • Kim, Kyoung-Ja;Han, Jung-Sook;Seo, Mi-Sook;Jang, Bong-Hee;Park, Mi-Mi;Ham, Hyeoung-Mi;Yoo, Moon-Sook
    • Journal of Korean Academy of Nursing Administration
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    • v.18 no.2
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    • pp.213-221
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    • 2012
  • Purpose: Communication in hospitals is one of the major factors in patient safety. So, the purpose of this study was to identify the relationship between intra-organizational communication satisfaction and the safety attitude of nurses in hospitals. Method: A descriptive survey design with convenience sampling was used. Data collection was done using a self-report questionnaire answered by 278 nurses from one university hospital located in Kyeoung-gi Province, Korea. Result: Intra-organizational communication satisfaction positively correlated with safety attitude (r=.747, p<.01). Among the 6 sub dimensions of safety attitude, perceptions of management (r=.675, p<.01), job satisfaction (r=.640, p<.01) and teamwork climate (r=.600. p<.01) were strongly related to intra-organizational communication satisfaction. Multiple regression analysis was done to identify explanation power of intra-organizational communication satisfaction against safety attitude. The model was significant (F=48.540, p<.01). Intra-organizational communication satisfaction accounted for 60.9% of variance in safety attitude (Adj $R^2$=.609). Conclusions: The results of this study indicate that higher levels of intra-organizational communication satisfaction promote positive safety attitude in hospital nurses and that communication media quality is an important factor in patient safety attitude. Therefore, developing interventions to revitalize intra-organizational communication level based on communication media quality will help in the construction of positive safety attitude in nurses.

Factors Influencing Stress of Nurse who care for patients using a Home Mechanical Ventilator in General Ward (병동 간호사의 가정용 인공호흡기 적용 환자 간호 스트레스 영향요인)

  • Min, Hyun Ju;Kwon, Hee Young;Shin, Chae Won;Ha, Young Jin;Kim, Hyun Jeong
    • Journal of Home Health Care Nursing
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    • v.26 no.1
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    • pp.91-101
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    • 2019
  • Purpose: The purpose of this study was to identify factors associated with stress related to home mechanical ventilator (HMV) care in general ward nurses. Methods: The study participants were 110 general ward nurses. Data on participant characteristics, level of knowledge, education needs, coping ability in emergency situations, confidence, and stress were collected from August 1 to 30, 2018 using a structured questionnaire by web-based surveys. Data were analyzed using SPSS/WIN 20.0 for descriptive statistics and independent t-test, one-way analysis of variance, Pearson's correlation coefficient, and multiple regression analysis. Results: Significant factors associated with stress related to HMV care were ward career, intensive care unit (ICU) career, intensive care room (ICR) career, education experience, and satisfaction level of HMV education. Stress had negative correlations with confidence and positive correlations with education needs. The determining factors affecting stress related to HMV care in the general ward were confidence (${\beta}=-.31$, p=.004), ICR career (${\beta}=-.27$, p<.001), education needs (${\beta}=.24$, p=.005), education frequency (${\beta}=-.18$, p=.040), and ICU career (${\beta}=-.18$, p=.025); their explanation power was about 41.8%. Conclusions: It is necessary to develop HMV care training manuals and guidelines and consider ICU or ICR careers for patient safety.

Statistical review and explanation for Lanchester model (란체스터 모형에 대한 통계적 고찰과 해석)

  • Yoo, Byung Joo
    • The Korean Journal of Applied Statistics
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    • v.33 no.3
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    • pp.335-345
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    • 2020
  • This paper deals with the problem of estimating the log-transformed linear regression model to fit actual battle data from the Ardennes Campaign of World War II into the Lanchester model. The problem of determining a global solution for parameters and multicollinearity problems are identified and modified by examining the results of previous studies on data. The least squares method requires attention because a local solution can be found rather than a global solution if considering a specific constraint or a limited candidate group. The method of exploring this multicollinearity problem can be confirmed by a statistic known as a variance inflation factor. Therefore, the Lanchester model is simplified to avoid these problems, and the combat power attrition rate model was proposed which is statistically significant and easy to explain. When fitting the model, the dependence problem between the data has occurred due to autocorrelation. Matters that might be underestimated or overestimated were resolved by the Cochrane-Orcutt method as well as guaranteeing independence and normality.