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The Information Effect of the Rating Change Announcements on the Capital Market (신용등급 변경공시의 정보효과)

  • Park, Hyoung-Jin;Lee, Soon-Hee
    • The Korean Journal of Financial Management
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    • v.22 no.2
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    • pp.107-133
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    • 2005
  • The object of this study is to examine the informational effect of the rating change announcement on the capital market. For this study, daily stock prices from January 1993 to February 2001 and daily bond prices from July 2000 to February 2001, for the bond market are used. In the stock market, we could not observe any statistically significant stock price reaction to rate change announcements from July 2000 to February 2001. However, if rating agencies announce more than two degradation for the period of January 1993 to February 2001, statistically negative significant stock price reactions are observed. On the other hand, there is no statistically significant stock price reaction to any other rating change announcement. In the bond market, there is no statistically test on the bond price reaction, but the general directions of bond price movements are consistent with the effect we can expect from rating change announcements. Generally, when the rating agencies degraded more than two grades at once, a cumulative abnormal returns move negatively during the overall period. In this case, we can say that rating agencies' role is to confirm information or investor's expectations. However, for the other cases, we could not observe my significant movement before or on the event data.

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A Study on the Employment Stress and the Coping Type in Some Dental Hygiene Students (일부 치위생과 학생들의 취업스트레스 및 대처유형에 관한 연구)

  • Kim, Eun-Ju;Kim, Jin-Kyoung
    • Journal of Korean society of Dental Hygiene
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    • v.8 no.4
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    • pp.65-77
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    • 2008
  • The purpose of this study was to offer basic data in order to make it possible for becoming the mentally more matured dental hygienist by being aware of stress factors on employment in preliminary dental hygienists and examining a coping plan according to it. The self-administered questionnaire research was carried out targeting Dental Hygiene Students at 4 colleges in metropolitan area for 1 month from October to November in 2007. Totally 209 questionnaires were collected. Among them, 206 copies were analyzed with methods in frequency analysis, correlation analysis, and ANOVA analysis by using SPSS WIN10.0 statistical program. As a result, the following conclusions were obtained. 1. 84.5% out of subjects were the active students. 95.2% and over 95.6%, respectively, were surveyed to be more than 'moderate' as for the academic achievement level and the satisfaction with college life. 2. the majority in the survey subjects were researched to receive high stress as for 'a guiding professor doesn't lead and have interest in my employment, thereby being disappointing' and 'failing to be employed is likely to lead to hurting pride so much'. 3. a coping type with stress in the survey subjects was researched to select a coping plan much as for 'sincerely hoping for the work to be well done', 'going out for a change', 'establishing a few countermeasures for solving a problem', 'overeating', and 'waiting while thinking it to be solved some time.' 4. most of stress factors had high correlation with a coping type with saying of 'trying to be alone as a whole', and had high correlation with 'failing to be employed is likely to lead to hurting pride so much' and 'overeating'. Even additionally, it was surveyed to have high correlation with 'smoking' and 'depending on the past experience'.

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Distribution of Southern Earthworm Race in Mulberry Tree Cultivation Area (뽕나무 경작지의 남방계지렁이 분포)

  • Hong, Yong
    • Korean Journal of Environmental Biology
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    • v.32 no.3
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    • pp.263-269
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    • 2014
  • In this study, I investigated the species composition in the Mulberry tree cultivation area from April 2013 to March 2014 at Busan. Five genera and nine species found are as follows: Aporrectodea caliginosa (Savigny, 1826), Bimastos parvus (Eisen, 1874), Eisenia fetida (Savigny, 1826), Drawida japonica (Michaelsen, 1892), Amynthas heteropodus (Goto&Hatai, 1898), Amynthas agrestis (Goto & Hatai, 1899), Amynthas corticis (Kinberg, 1867), Amynthas hilgendorfi (Michaelsen, 1895), and Amynthas sp. A total of 317 individuals of Aporrectodea caliginosa (Savigny, 1826) was collected. Ap. caligionosa and A. heteropodus were found to be the most dominant species during the study period. Interestingly, the maximum population density of Ap. caligionosa was recorded to be in the month of October. Further details analysis indicated that, its population increased rapidly during the breeding season between summer and autumn and thereafter gradually decreased through winter toward the following February. Three growth stages of Ap. caligionosa occurred almost simultaneously with abundance composition of 76% in aclitellum, 12.6% in semiclitellum, and 11.4% in clitellum. Based on my study results, I suggest that this data could be useful for the scientific community to analyze the distribution of southern earthworm species in mulberry tree cultivation area.

Interfacial modulus mapping of layered dental ceramics using nanoindentation

  • Theocharopoulos, Antonios L;Bushby, Andrew J;P'ng, Ken MY;Wilson, Rory M;Tanner, K Elizabeth;Cattel, Michael J
    • The Journal of Advanced Prosthodontics
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    • v.8 no.6
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    • pp.479-488
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    • 2016
  • PURPOSE. The aim of this study was to test the modulus of elasticity (E) across the interfaces of yttria stabilized zirconia (YTZP) / veneer multilayers using nanoindentation. MATERIALS AND METHODS. YTZP core material (KaVo-Everest, Germany) specimens were either coated with a liner (IPS e.max ZirLiner, Ivoclar-Vivadent) (Type-1) or left as-sintered (Type-2) and subsequently veneered with a pressable glass-ceramic (IPS e.max ZirPress, Ivoclar-Vivadent). A $5{\mu}m$ (nominal tip diameter) spherical indenter was used with a UMIS CSIRO 2000 (ASI, Canberra, Australia) nanoindenter system to test E across the exposed and polished interfaces of both specimen types. The multiple point load - partial unload method was used for E determination. All materials used were characterized using Scanning Electron Microscopy (SEM) and X - ray powder diffraction (XRD). E mappings of the areas tested were produced from the nanoindentation data. RESULTS. A significantly (P<.05) lower E value between Type-1 and Type-2 specimens at a distance of $40{\mu}m$ in the veneer material was associated with the liner. XRD and SEM characterization of the zirconia sample showed a fine grained bulk tetragonal phase. IPS e-max ZirPress and IPS e-max ZirLiner materials were characterized as amorphous. CONCLUSION. The liner between the YTZP core and the heat pressed veneer may act as a weak link in this dental multilayer due to its significantly (P<.05) lower E. The present study has shown nanoindentation using spherical indentation and the multiple point load - partial unload method to be reliable predictors of E and useful evaluation tools for layered dental ceramic interfaces.

Perceptions of High-School Students and Science Teachers about Science-Technology-Society(STS) (고등학생들과 과학교사들의 과학-기술-사회(STS)에 대한 인식 조사)

  • Kang, Soon-Ja;Cho, Sun-Hyang;Yeau, Sung-Hee
    • Journal of The Korean Association For Science Education
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    • v.17 no.4
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    • pp.451-460
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    • 1997
  • Various modern social problems are also related with science and technology. Thorough understanding about Technology-Society(STS) interactions is required to take informed action about how to deal effectively with these problems. In this case, there is a need for STS education. The purpose of this study was to examine the perceptions of high -school students and science teachers about Technology-Society interactions and differences of their perceptions. It is my hope that this thesis will contribute to future "General Science" class in Korea. We obtained the data by a survey of 414 high school students who took "General Science" courses in Seoul and 54 of their science teachers. The survey was made using 10 multiple-choice items selected from the VOSTS (Views On Science-Technology-Society) item pool. The results of this study are as follow: 1. More than half of the students and teachers thought that science is exploring the unknown and discovering new things. Their perceptions about the science are somewhat stable, but about the technology various. 2. Most students and teachers thought that science and technology interact and complement each other. They also thought that the improvement in the quality of life needs investments in both science and technology 3. Most students and teachers thought social facts as community, government, and politics influenced scientists and scientific research. They also had a good understanding about the effects of science and technology on society. We can conclude from this that they had a Science-Technology-Society oriented viewpoint. 4. There are significant differences between the perceptions of boys and girls in following categories (p<.05): Influence of Community or Government Agencies on Scientists Influence of Politics on Scientists Role of Scieoce/Technology in Resolving Social Problems 5. There are significant differences between the perceptions of students and teachers in following categories (p<.05): Definition of Science Influence of Politics on Scientists

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An Effect of the Group and Personal Factors on the Preference of the Conflict Handling Styles (집단적 요인과 개인적 요인이 갈등관리유형 선호에 미치는 영향에 관한 연구)

  • Yang, Gi-Dong
    • Management & Information Systems Review
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    • v.26
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    • pp.181-204
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    • 2008
  • This study is to categorize five types of conflict handling styles that employees can take when conflict occurs. The five types are integrating, avoiding, dominating, obliging, and compromising. I found these factors that explain conflicts handling styles divided them into organizational structure, task group functioning and need styles and how certain factors explain different kinds of conflict handling styles without other factors. To measure conflict handling styles, this study used the scale of conflict style devised Rahim. Data were collected by the survey method from employees engaged in the service industry located Seoul, the Province of Gyeonggi, and the Province of Gangwon. In addition, in order to prove my hypothesis, I used hierarchical regression analysis method to find the pure explanation that each factors have without multicollinearity. According to the study's result, in a person's type of needs, if the need for achievement is high, they prefer integrating style. In contrast, if the need for achievement is low, they prefer avoiding style. Also, if the need for affiliation is high, the employees prefer compromising style. But if the need for affiliation is low and the need for dominance is high, the employees favor dominating style. However, in task group functioning, group homogeneity, group cohesiveness, and group goal clarity are high, or the confidence in peers and management is high, the employees prefer obliging style to other conflicts handling styles. As well as if group homogeneity, group cohesiveness, and group goal clarity are high, it was found that they prefer compromising style. Also, if the role conflict that is related to organizational structure is serious, employees prefer obliging style, but they have weakenss in explanation. To sum up these results, if the employees have obliging style that shows lack of concerns over themselves and at the same time, have high concerns to others, is affected by task group or organization. And we can infer that the other conflicts handling styles are effected by personal characteristic.

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Effects of Onkyung-tang on Surgically Induced Endometriosis in Rats (온경탕(溫經湯)이 자궁내막증 유발 백서에 미치는 영향)

  • Lim, Eun-Mee;Kwon, Ki-Rok;Kim, Hyeong-Il
    • The Journal of Korean Obstetrics and Gynecology
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    • v.19 no.2
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    • pp.18-33
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    • 2006
  • Purpose : Endometriosis has been thought to be related with blood stasis in uterus. Onkyung-tang is a herb which has effectiveness of activating blood, warmy and regulating mensturation, therefore in the present study, the effects of Onkyung-tang on endometriosis were investigated. Methods : The endometrial tissue was autografted to Rat's small intestine. Rats with surgically induced endometriosis was orally administerd with Onkyung-tang for 40 days. Size of ectopic uterine implants at the serosal wall and concentration of progesterone, estradiol, $TNF-{\alpha}$ and IL-2, 4, 6, 10 in serum were examined and compared with the control group. Results : The size of ectopic uterine implants of treated group was much smaller than that of control group. The concentration of estradiol, $TNF-{\alpha}$ and IL-4 level were significantly decreased in experimental group compared with the control group. IL-10 level was significantly increased in experimental group compared with the control group. There was no significant difference in progesterone, IL-2, 6 level in experimental group and control group as well. Conclusion : My data suggest that Onkyung-tang reduce the size of ectopic uterine implants at the serosal wall and inhibit the growth of ectopic uterine implants. Judging from the above results, it can be suggested that Onkyung-tang should be a useful agent for inhibiting the proliferation of uterine endometrial tissue.

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An Exploratory Study on University Students' Perception of Internet Addiction : Using Photovoice (대학생들의 인터넷 중독 인식에 대한 탐색적 연구 : 포토보이스 적용)

  • Kim, Soo Jin
    • Journal of Korean Society of Disaster and Security
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    • v.13 no.3
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    • pp.59-74
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    • 2020
  • The purpose of this study is to explore the subjective perception of college students' Internet addiction by applying photovoice method, a participatory research method. The subjects of the study were nine university students at G University. The data were analyzed by orientation, photo collection, photo selection, contextualizing and codifying according to the general photo voice research procedure.As a result, 15 sub-categories were derived based on the meaning of Internet addiction, the effects of Internet addiction on life, and how to get out of Internet addiction. The perception of the meaning of Internet addiction was divided into five categories: 'loss of self-regulation', 'habit without exit', 'disconnection from the world', 'loss of me', and 'voluntary prison'. The effects of Internet addiction on life were 5 categories: 'health deterioration', 'social isolation', 'broken daily life', 'anonymous violence' and 'my discovery and life extension'. In terms of how to get out of internet addiction, 'self-looking', 'new hobbies', 'nearby', 'reality meetings', and 'forced blocking' were derived. It suggested the discussion about Internet addiction viewed by college students and the implications of constructing a counseling program that can help to use the Internet correctly.

The Analysis of the Factors Affecting the Impact of Cyber Home Learning on Elementary Grade (초등 사이버가정학습 효과성 영향요인 분석)

  • Shin, Soo-Beom;Shin, Sung-Wook
    • Journal of The Korean Association of Information Education
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    • v.16 no.1
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    • pp.91-98
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    • 2012
  • In this study, we analyzed previous studies and collected important factors that can have an impact on the effectiveness of Cyber Home Learning. We were supposed to regard the effectiveness as an intention to attend the class. We selected the instructional value, website usability, subjective norms as factors that can have an impact to this intention. We conducted the survey based on these factors. We distributed and collected data from 6th grade elementary students in Kyungki Province. And also we performed confirmatory factor analysis. After modifying the survey, we gave it again to the students. Finally we were able to establish my research model and hypothesis. They are accepted through the result of the Analysis Structural Equation Modeling. Moreover, included in this study are the restrictions and suggestions.

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NF-kB and AP-1-regulatory Mechanism of Buthus Martensi Karsch Herbal Acupuncture Solution on Inflammatory Cytokine-induced Human Chondrocytes Dysfunction

  • Cho, Jae-Yong;Kim, Kyung-Ho;Cho, Hyun-Seok;Lim, Dae-Jung;Hwang, Ji-Hye;Kim, Kap-Sung
    • Journal of Acupuncture Research
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    • v.23 no.2
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    • pp.61-72
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    • 2006
  • Objectives : Human chondrocytes co-treated with Buthus martensi Karsch herbal acupuncture solution(BMK-HAS) extract produced significantly less NO compared with chondrocytes stimulated with $IL-1{\beta}$ alone Methods : Activation and translocation of and NF-kB DNA binding activity were determined by Western blotting and specific enzyme-linked immunosorbent assay. Results : The inhibition of NO production correlated with the suppression of induction and expression of nuclear factor-kB (NF-kB) and activation protein-1 (AP-1)-dependent gene. BMK-HAS inhibited the activation and translocation of NF-kB to the nucleus, indicating that BMK-HAS inhibits the $IL-1{\beta}-induced$ production of NO in human chondrocytes by interfering with the activation of NF-kB through a novel mechanism. In addition, BMK-HAS reduced prostaglandin E2 (PGE2)production in mouse peritoneal macrophages stimulated with lipopolysaccharide, whereas no influence on the activity of inducible NO synthase (iNOS), cyclooxygenase-2 (COX-2) or cyclooxygenase-1 (COX-1) was observed. My data, therefore, suggest that BMK-HAS may be a therapeutically effective inhibitor of $IL-1{\beta}-induced$ inflammatory effects that are dependent on NF-kB activation in human OA chondrocytes. Conclusion : The results indicate that BMK-HAS exerts anti-inflammatory effects related to the inhibition of neutrophil functions and of NO and PGE2 production, which could be due to a decreased expression of iNOS and COX-2 through the transcription factors NF-kB and AP-1.

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