• Title/Summary/Keyword: management risk

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A Study on the Effect of Household Loans on Financial Soundness in Banks (주택담보대출이 국내은행의 재무건전성에 미치는 영향)

  • Huang, Zi Xin;Bae, Soo Hyun
    • The Journal of the Convergence on Culture Technology
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    • v.7 no.4
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    • pp.1-7
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    • 2021
  • The purpose of this study was to analyze the effect of household loan share on bank management soundness. The results of the empirical analysis are summarized as follows. First, as a result of estimating coefficient of the mortgage loan ratio shows a significant negative relationship with the BIS equity capital ratio of banks. In addition, it was found that the mortgage loan ratio had a significant positive (+) effect on Eunhae's BIS and equity capital ratio after the financial crisis. Second, as a result of the estimation coefficient of the mortgage ratio showed a significant positive (+) relationship with the NPL of the bank and below. In addition, it is estimated that the bank's secured loan ratio changed significantly before and after the financial crisis in the effect of banks' NPL and substandard-and-below loans. It is expected to make implication to financial policy and banking regulation and supervision. We believe that more efforts should be made to increase the soundness of household loans in preparation for risk factors that may arise from exogenous factors such as changes in the international financial environment and falling property prices.

The Mediating Effect of Depression in the Relationship between Knee Pain and Cognitive Functions in Older Adults: Focusing on Group differences by Gender, Age, and Educational Attainment (노인의 무릎통증과 인지기능 간 영향관계에서 우울의 매개효과 -성별, 연령, 학력에 따른 집단별 차이를 중심으로-)

  • Ju, Mee-Ra;Kang, Chang-Hyun;Youk, Kyoung-Soo
    • The Journal of the Convergence on Culture Technology
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    • v.8 no.5
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    • pp.207-218
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    • 2022
  • This study, to confirm the mediating effect of knee pain on cognitive functions and depression in older adults, and as an interdisciplinary research between the physical and psychological mechanisms, confirmed the identifying group differences by gender, age, and educational attainment of older adults, and aimed to research the improvement of cognitive functions, which is a main factor of dementia's risk prediction. The analysis data was from the 8th Korean Longitudinal Study of Ageing (KLoSA) in 2020, and the research model was verified using Process macro and model #4. The main analysis results are as follows. First, depression partially mediation effect of knee pain on cognitive functions. Second, the mediation effect of depression by gender was significant, but the direct effect in the male older adults group was twice that in the female older adults; the indirect effect did not vary significantly based on gender. Third, the mediating effect of depression by age was relatively greater in the old-old aged group than in the young-old aged one. Fourth, as for the mediating effect of depression according to the classification of educational attainment, the mediating effect was not significant in the group with a college degree or higher education but was significant in the remaining three sub-groups. Based on the results, this study makes implications for the need for active intervention strategies to improve cognitive functions, focusing on group differences by gender, age, and educational attainment in the management of knee pain and depression.

Effect of COVID-19 vaccinations on deaths of the COVID-19 cases in some elderly long-term care facilities, Gwangju (광주광역시 요양시설 코로나19 집단 발생 사례에서 코로나19 백신 접종에 의한 사망 예방 효과)

  • Ryu, So Yeon;Cho, Jun Hwi;Lee, Ran;Park, So Yeong;Jung, Daun;Bae, So Hyun;Ko, HwaPyeong
    • Journal of agricultural medicine and community health
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    • v.47 no.2
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    • pp.109-120
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    • 2022
  • Objectives: The purpose of this study was to identify the effectiveness of COVID-19 vaccinations on deaths of the COVID-19 cases in some elderly long-term care facilities (LTCF) in Gwangju Metropolitan City. Methods: The study subjects were 659 COVID-19 cases in residents of 7 elderly LTCF, Gwangju, from 21 Dec. 2021 to 28 Jan. 2022. The used variables were confirmed dates for COVID-19, demographic characteristics, co-morbidities, presentation of symptoms, death and vaccination related characteristics including type of vaccine, doses and dates. Vaccination status were classified as not vaccinated, partially and fully vaccinated. The associations of vaccination status and deaths of COVID-19 cases were tested by chi-square test and multiple logistic regression analysis. Results: The rates of not vaccinated, partially vaccinated and fully vaccinated were 19.4%, 10.2% and 70.4%, respectively. The mortality rate of the cases was 6.4%. The death rate by vaccination status was 16.4% in not vaccinated, 15.4% in partially vaccinated and 2.6% in fully vaccinated, showing a statistically significant difference. The adjusted odds ratios (ORs) (95% confidence intervals, CIs) of death compared to fully vaccinated were 7.64 (3.87-16.34) in non-vaccinated, and 6.97 (3.44-14.14) in partially vaccinated. Conclusions: COVID-19 vaccination seems to work effectively in preventing deaths of COVID-19 cases of elderly LTCF residents. This finding support that fully vaccinations in high risk group such as elderly LTCF residents is very important for one of strategies of COVID-19 management.

Analysis of Relative Settlement Behavior of Retaining Wall Backside Ground Using Clustering (군집분류를 이용한 흙막이 벽체 배면 지반의 상대적 침하거동 분석)

  • Young-Jun Kwack;Heui-Soo Han
    • The Journal of Engineering Geology
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    • v.33 no.1
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    • pp.189-200
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    • 2023
  • As urbanization and industrialization increase development in downtown areas, damage due to ground settlement continues to occur. Building collapse in urban has a high risk of leading to large-scale damage to life and property. However, there has rarely been studied on measurement data analysis methods when uneven loads are applied to the excavated ground and no prior knowledge of the ground. Accordingly, it was attempted to analyze the relative settlement behavior and correlation by processing the time-series surface settlement of construction sites in the urban. In this paper, the average index of difference in settlement and average of relative difference in settlement are defined and calculated, then plotted in the coordinate system to analyze the relative settlement behavior over time. In addition, since there was no prior knowledge of the ground, a standard to classify the clusters was needed, and the observation points were classified into using k-means clustering and Dunn Index. As a result of the analysis, it was confirmed that all the clusters moved to the stable region as the settlement amount converges. The clusters were segmented. Based on the analysis results, it was possible to distinguish between the independent displacement area and same behavior area by analyzing the correlation between measurement points. If possible to analyze the relative settlement behavior between the stations and classify the behavior areas, it can be helpful in settlement and stability management, such as uplift of the surrounding area, prediction of ground failure area, and prevention of activity failure.

Cloud-Based Reservation and Notification System for Efficient Testing of Infectious Diseases (효율적인 감염병 검사 예약을 위해 클라우드에 기반한 예약 및 알림 시스템)

  • Je-Seong Hwangbo;Ho-Yoon Kim;Seung-Soo Shin
    • Journal of Industrial Convergence
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    • v.21 no.1
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    • pp.67-76
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    • 2023
  • COVID-19, which occurred in 2019, has a strong contagious power, has serious symptoms of infection and after-effects, and death in severe cases depending on the underlying disease and symptoms. As COVID-19 is highly contagious, in Korea, screening clinics have been set up across the country to determine whether or not to be positive for COVID-19 and isolate the infected to prevent the spread of COVID-19. However, there are cases where COVID-19 test applicants flock to screening clinics and cannot receive tests due to longer waiting times, and there is a risk that secondary infections may occur in the atmosphere. In this study, the reservation and notification system can be applied from the existing screening care system to solve spatial constraints, reducing waiting time with screening appointments, and solving population bottlenecks to screening clinics. Taking the COVID-19 pandemic as an experience, we propose a system that can present directions in future pandemic situations. To process real-time data, we use Google's Firebase to use Realtime Database in the cloud environment. Because a real-time database is used, users can check the status of screening clinics in real time through the app, make reservations, and receive notifications about test reservations.

A Comparative Analysis of Complex Disaster Research Trends Using Network Analysis (네트워크 분석을 활용한 국내·외 복합재난 연구 동향 분석)

  • Woosik Kim;Yeonwoo Choi;Youjeong Hong;Dong Keun Yoon
    • Journal of the Society of Disaster Information
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    • v.18 no.4
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    • pp.908-921
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    • 2022
  • Purpose: As the connection between physical and non-physical structures in cities is expanding and becoming more complex, the risk of complex disaster which causes damage in a complex way is increasing. Preparing for these complex disasters, it is important to preemptively identify and manage disasters that can develop into complex disasters. Therefore, this study analyzes the disaster types studied as complex disasters by analyzing the trends of domestic and international studies related to complex disasters, and presents the direction of complex disaster management in the future. Method: We first established co-occurrence networks between disaster types based on 993 articles related to complex disasters published in disaster-related journals for the last 20 years (2002-2021). Then, through network analysis, domestic and international complex disaster research trends were compared and analyzed. Result: Research on complex disasters related to storm and flood damage, infrastructure failure and fire was high in domestic studies, and it was analyzed that research on complex disasters related to earthquakes and landslides has recently increased. However, in international studies, the proportion of studies on infrastructure failure along with storm and flood damage and earthquake was high, and various types of disasters such as tsunami and drought appeared. Conclusion: The results of this study are expected to increase the understanding of the trends in complex disaster research and provide suggestions of domestic complex disaster research in the future.

A Study on the Effect of Investor Sentiment and Liquidity on Momentum and Stock Returns (투자자 심리와 유동성이 모멘텀과 주식수익률에 미치는 영향 연구)

  • In-Su, Kim
    • Journal of Industrial Convergence
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    • v.20 no.11
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    • pp.75-83
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    • 2022
  • This study analyzes whether investor sentiment and liquidity explain the momentum phenomenon in the Korean stock market and whether it is a risk factor for the asset pricing model. The empirical analysis used the monthly returns of non-financial companies listed on the stock market during the period 2000-2021. As a result of the analysis, first, it was found that there is a momentum effect in Korea. This is the same result as the previous study, and since 2000, the momentum effect has been accepted as a general phenomenon in the Korean stock market. Second, if we look at the portfolio based on investor sentiment, investor sentiment is influencing momentum. In particular, when investor sentiment is negative, the return on the winner portfolio is high. Third, as a result of the analysis based on liquidity, the momentum effect disappears and a reversal effect appears. Fourth, it was found that investor sentiment and liquidity influence the momentum effect. This is a result of the strong momentum effect in the illiquid stock group with negative investor sentiment. Fifth, as a result of analyzing the effect of each factor on stock returns, it was found that both investor psychology and liquidity factors have a significant impact on returns. The estimated results provide evidence that the inclusion of these two factors in the Carhart four-factor model significantly increases the predictive power of the model. Therefore, it can be said that investor sentiment factors and liquidity factors are important factors in determining stock returns.

Landscape Engineers' Perceptions of the Safety Climate and Safety Behavior in Landscape Construction - Focused on Landscape Constructors and Designers - (조경공사에서 안전분위기와 안전행동에 대한 조경기술자들의 인식 - 조경시공자와 조경설계자를 대상으로 -)

  • Oh, Chang-Song;Sim, Jisoo
    • Journal of the Korean Institute of Landscape Architecture
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    • v.51 no.4
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    • pp.90-100
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    • 2023
  • The construction safety policy of Korea requires safety reviews at design stages, which affect the perceptions and attitudes of the workers toward safety. Despite this heightened social interest in safety, there is no related research in the field of landscape architecture. This study entails a review of the status of landscape construction accidents in Korea and an assessment of landscape engineers' perception of construction safety climate and safety behaviors. A survey of landscape constructors and designers was performed, and the obtained data were statistically analyzed. The results indicate the following: (1) More than half of the accidents which are registered in CSI occurred in apartment houses ordered by the private sector in the type of facility and planting works in the landscaping process; (2) Landscape designers were better aware of safety than landscape constructors. Among them, safety attitude, work risk, work participation, and work pressure were statistically significant; Apart from the statistical significance, landscape designers recognized the importance of safety highly but they tended to have a relatively low perception of specific safety behaviors. (3) Lastly, landscape constructors attributed less importance to safety review during the design stage compared to other items.

A Study on Automated Stock Trading based on Volatility Strategy and Fear & Greed Index in U.S. Stock Market (미국주식 매매의 변동성 전략과 Fear & Greed 지수를 기반한 주식 자동매매 연구)

  • Sunghyuck Hong
    • Advanced Industrial SCIence
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    • v.2 no.3
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    • pp.22-28
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    • 2023
  • In this study, we conducted research on the automated trading of U.S. stocks through a volatility strategy using the Fear and Greed index. Volatility in the stock market is a common phenomenon that can lead to fluctuations in stock prices. Investors can capitalize on this volatility by implementing a strategy based on it, involving the buying and selling of stocks based on their expected level of volatility. The goal of this thesis is to investigate the effectiveness of the volatility strategy in generating profits in the stock market.This study employs a quantitative research methodology using secondary data from the stock market. The dataset comprises daily stock prices and daily volatility measures for the S&P 500 index stocks. Over a five-year period spanning from 2016 to 2020, the stocks were listed on the New York Stock Exchange (NYSE). The strategy involves purchasing stocks from the low volatility group and selling stocks from the high volatility group. The results indicate that the volatility strategy yields positive returns, with an average annual return of 9.2%, compared to the benchmark return of 7.5% for the sample period. Furthermore, the findings demonstrate that the strategy outperforms the benchmark return in four out of the five years within the sample period. Particularly noteworthy is the strategy's performance during periods of high market volatility, such as the COVID-19 pandemic in 2020, where it generated a return of 14.6%, as opposed to the benchmark return of 5.5%.

Analysis of the Operation of Fire Observers in the Domestic Manufacturing Industry - Focusing on the Revised Occupational Safety and Health Act (국내 제조업 화재감시자 운영 실태 분석 - 개정 산업안전보건법 중심)

  • Kyung Min Kim;Yongyoon Suh;Jong Bin Lee;Seong Rok Chang
    • Journal of the Korean Society of Safety
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    • v.38 no.3
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    • pp.77-84
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    • 2023
  • Welding and cutting, which are representative tasks in handling firearms at industrial sites, are the basis for production and maintenance processes across all industries. They are also essential in the root industry. Specifically, they are widely used in the manufacturing industry, including equipment industries such as shipbuilding, automobiles, and chemicals, and subsequent maintenance work and general facility repair. However, such hot work carries a high fire risk owing to sparks scattering and inadequate management, resulting in a high occurrence of accidents. In response, the government and relevant organizations have recently revised the Occupational Safety and Health Act to prevent accidents during hot work. These revisions impose more stringent regulations than before, which are expected to help prevent actual fire accidents. However, whether the fire observer system, which is the core element of the revision, would be practically applied and maintained is unclear. Therefore, this study compared the fire observer system in the revised Occupational Safety and Health Act with those in the laws and systems of developed countries, conducted interviews with safety and health experts to assess the suitability of the new system for fire observer operations, and improvement plans were derived accordingly. Therefore, the laws and systems of developed countries grant more authority to fire observers compared with those of Korea. Moreover, professional training in handling emergency is required. Interviews with safety and health experts revealed that regardless of company size, the same operating standards were applied, and standards for deploying fire observers in various locations were unclear. Furthermore, there was a lack of professional education and training, and the role and authority of fire observers were limited. These findings revealed a problem in this sector. The results of this study are expected to serve as basic data for establishing a practical system for placing fire observers and supplementing laws, guidelines, and systems for preventing fire accidents.