• Journal of Distribution Science
• /
• v.18 no.5
• /
• pp.5-13
• /
• 2020

Purpose: The aim of this article is to test the link between growth of loan distribution and Bank Valuation in Vietnam's banking sector. At the same time, the study also compared the differences in the effect of growth of loan to valuation bank in banks of different sizes, ownership rates and bank values. Research design, data and methodology: With panel data estimation techniques along with robust standard error for a sample of the banks listed on Vietnam stock exchange from 2012 to 2019. Results: Growth of loan has a positive impact on Bank Valuation (by Tobin's Q). A closer investigation provides evidence for the differential valuation effect of loan growth depending on different features of banks. Specifically, loan growth is found positively and significantly associated with Bank Valuation in small and non-state-owned banks only. Besides, bank size, deposit, and return on equity are found negatively associated with Tobin's Q, while loan loss provisions exhibit a positive relation with this measure of Bank Valuation. Conclusions: These findings provide contributions to the literature on the existence of the effect of loan growth on Bank Valuation. At the same time, the study also provides practical implications for policy makers in banks and investors.

• Journal of the Korean Society of Safety
• /
• v.31 no.4
• /
• pp.64-74
• /
• 2016

Recently, the seismic stability evaluation of concrete gravity dams is raised due to the failure of dams occurred by the Izmit, Turkey and JiJi, Taiwan earthquake in 1999. Dams failure may incur loss of life and properties around the dam as well as damage to dam structure itself. Recently, there has been growing much concerns about "earthquake - resistance" or "seismic safety" of existing concrete gravity dams designed before current seismic design provisions were implemented. This research develops three evaluation levels for seismic stability of concrete gravity dams on the basis of the evaluation method of seismic stability of concrete gravity dams in U.S.A., Japan, Canada, and etc. Level 1 is a preliminary evaluation which is for purpose of screening. Level 2 is a pseudo-static evaluation on the basis of the seismic intensity method. And level 3 is a detail evaluation by the dynamic analysis. Evaluation results on existing concrete gravity dams on operation showed good seismic performance under designed artificial earthquake(KHC earthquake).

• Journal of Korean Society of Steel Construction
• /
• v.9 no.1 s.30
• /
• pp.37-49
• /
• 1997

The buckling behavior of the web of steel girders are largely dependent on the size and the location of stiffeners and the restraining effect of top and bottom flanges. Elastic and inelastic buckling analyses based or the Spline Finite Strip Method were executed to study the stiffening effect of the longitudinal stiffener on the web of box girders and to find how the top and bottom flanges had effects on the web, where geometric boundary conditions were limited by both hinged, both fixed and the flange sections. The basic assumption for the longitudinal end boundary conditions was that the vertical stiffeners had the rigidity enough to force nil deflection line on the web panel so that the junction line between web and vertical stiffener was assumed to be hinged boundary conditions. The provisions on the longitudinal stiffener of the plate and box girders of the Korean Standard Highway Bridge Specifications(1995) and AASHTO Specifications(1994 LRFD) were compared with the results obtained numerically for the various longitudinal stiffener size of box girders. Simple equations and design curves for the longitudinal stiffener of the web were proposed for the practical use.

• Proceedings of the Korea Concrete Institute Conference
• /
• 2006.05a
• /
• pp.126-129
• /
• 2006

A bending moment $M_u$ transferred at slab-column connection is resisted at the slab critical section by flexure and shear. The ACI 318-05 Building Code(1) gives an empirical equation for the fraction ${\gamma}_{\upsilon}$ of the moment $M_u$ to be transferred by shear at the slab critical section at d/2 from the column face and also the effective wide(c+3h). The equation is based on tests of interior slab-column connections without shear reinforcement. In order to investigate the data eight test specimens were examined. The test shows that increased slab load substantially reduces both the unbalanced moment capacity and the lateral drift capacity of the connection. Especially, the specimens with the bottom reinforcement existence and nonexistence, appears remarkable differences. Studies also show that the code equation for ${\gamma}_{\upsilon}$ does not apply to all cases. The purpose of this study is to compare the test results with present ACI 318-05 Building Code provisions for design of slab-column connections and with the analysis of the experimental data for a new limitation of strength equation without shear reinforcement and bottom reinforcement.

• Journal of Construction Engineering and Project Management
• /
• v.1 no.2
• /
• pp.43-48
• /
• 2011

In many parts of the world, low cost housing used to be built and maintained by the governments, based on designs and detail specifications prepared by the public sector with construction carried out by contractors. Results vary due to differences in design standards, workmanship and property management, depending also on the neighbourhood's care of the estates and their pattern of usage. In the UK, where Private Finance Initiative (PFI) has been used for infrastructure projects, there have been successful cases of city estate being transformed by PFI. These PFI housing schemes involve new-build, refurbishment as well as facility management. Unlike traditional construction, which is based on prescriptive specifications, PFI housing is based on output specifications. A study has been undertaken to compare the two specification approaches as they are applied to housing estate. Results are enlightening and serve as good reference to cities such as Hong Kong SAR and Singapore, where public housing provisions have been a major concern of their citizens as the building stock gets older.

• Journal of the Korea Concrete Institute
• /
• v.15 no.6
• /
• pp.915-923
• /
• 2003

This paper presents the test results of total 35 direct tensile specimens to investigate the effect of high-strength concrete on the tension stiffening effect in axially loaded reinforced concrete tensile members. Three kinds of concrete strength 25, 60, and 80 MPa were included as a major experimental parameter together with six concrete cover thickness ratios. The results showed that as higher strength concrete was employed, not only more extensive split cracking along the reinforcement was formed, but also the transverse crack space became smaller. Thereby, the effective tensile stiffness of the high-strength concrete specimens at the stabilized cracking stage was much smaller than those of normal-strength concrete specimens. This observation is contrary to the current design provisions, and the significance in reduction of tension stiffening effect by employment of high-strength concrete is much higher than that would be expected. Based on the present results, a modification factor is proposed for accounting the effect of the cover thickness and the concrete strength.

• International Journal of Concrete Structures and Materials
• /
• v.10 no.3
• /
• pp.271-295
• /
• 2016

In this study, an extensive literature review has been conducted on the material characterization of UHPC and its potential for large-scale field applicability. The successful production of ultra-high performance concrete (UHPC) depends on its material ingredients and mixture proportioning, which leads to denser and relatively more homogenous particle packing. A database was compiled from various research and field studies around the world on the mechanical and durability performance of UHPC. It is shown that UHPC provides a viable and long-term solution for improved sustainable construction owing to its ultrahigh strength properties, improved fatigue behavior and very low porosity, leading to excellent resistance against aggressive environments. The literature review revealed that the curing regimes and fiber dosage are the main factors that control the mechanical and durability properties of UHPC. Currently, the applications of UHPC in construction are very limited due to its higher initial cost, lack of contractor experience and the absence of widely accepted design provisions. However, sustained research progress in producing UHPC using locally available materials under normal curing conditions should reduce its material cost. Current challenges regarding the implementation of UHPC in full-scale structures are highlighted. This study strives to assist engineers, consultants, contractors and other construction industry stakeholders to better understand the unique characteristics and capabilities of UHPC, which should demystify this resilient and sustainable construction material.

• Journal of the Earthquake Engineering Society of Korea
• /
• v.3 no.4
• /
• pp.83-94
• /
• 1999

High-strength concrete has demonstrated characteristics of both increased strength and enhanced durability; hence its use has become more and more widespread. But, due to the lack of experimental evidance on the seismic performance of frame members constructed with high-strength concrete, the current codes of their design provisions are based on normal concrete test. The purpose of this study is to compare the response of the high-strength concrete beam-column-slab subassemblies with the response of a normal-strength concrete specimens. Four assemblies $(f_c'=240kg/\textrm{cm}^2, f_c'=700kg/\textrm{cm}^2)$ with 2/3 scale were designed and tested to investigate seismic behavior.

• Structural Monitoring and Maintenance
• /
• v.1 no.3
• /
• pp.273-292
• /
• 2014

The effectiveness of a retrofitting method for concrete columns with particular weaknesses is experimentally evaluated and presented in this paper. Structural deficiencies namely the inadequacy of transverse reinforcement and short length of lap splices are very common in columns found in structures built prior to the 1960s and 1970s. Recent earthquakes worldwide have caused severe damages and collapses of these structures. Nevertheless, the importance of improving the load transfer capacity between the deficiently lap-spliced bars is usually underestimated during the strengthening procedures applied in old buildings, though critical for the safety of the residents' lives. Thus, the seismic performance of the enhanced columns is frequently overestimated. The retrofitting approach presented herein involves reinforced concrete jacketing of the column sub-assemblages and welding of the lap-spliced bars to prevent the splice failure and conform to the provisions of modern design Codes. The cyclic lateral loading response of poorly confined original column specimens with insufficient lap splices and the seismic behavior of the retrofitted columns are compared. Test results clearly demonstrate that the retrofitting procedure followed is an effective way of significantly improving the seismic performance of substandard columns found in old buildings.

• Earthquakes and Structures
• /
• v.13 no.3
• /
• pp.289-297
• /
• 2017

This paper presents seismic performance and reliability evaluation on steel-timber hybrid shear wall systems composed of steel moment resisting frames and infill light frame wood shear walls. Based on experimental observations, damage assessment was conducted to determine the appropriate damage-related performance objectives for the hybrid shear wall systems. Incremental time-history dynamic analyses were conducted to establish a database of seismic responses for the hybrid systems with various structural configurations. The associated reliability indices and failure probabilities were calculated by two reliability methods (i.e., fragility analysis and response surface method). Both methods yielded similar estimations of failure probabilities. This study indicated the greatly improved seismic performance of the steel-timber hybrid shear wall systems with stronger infill wood shear walls. From a probabilistic perspective, the presented results give some insights on quantifying the seismic performance of the hybrid system under different seismic hazard levels. The reliability-based approaches also serve as efficient tools to assess the performance-based seismic design methodology and calibration of relative code provisions for the proposed steel-timber hybrid shear wall systems.