• The Journal of Asian Finance, Economics and Business
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• v.9 no.2
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• pp.81-92
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• 2022

The necessity for a theoretical explanation of the negative association between capital structure and company performance is identified in this study. By focusing on accounting metrics of business performance, this study is the first to investigate the moderating effects of firm size between these variables using logical reasoning. Due to the possibility of endogeneity, this study applies a two-step system GMM approach with data from 285 non-financial enterprises from PSX over a 21-year period. For robustness, we employed pooled OLS, fixed effect, and two-step difference GMM. Our data show that leverage has a detrimental impact on business performance, with size acting as a moderator in the same direction. Our analysis empirically supports some studies while refuting others due to inconsistent results in the literature, but no study has theoretically justified their negative link. We believe that because larger companies have more and easier access to capital markets, they focus primarily on the amount of return, even if the investment is inefficient in terms of the rate of return, but small businesses do not. As a result of this thinking, firm managers' performance suffers as a result of leverage.

• Advances in nano research
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• v.16 no.3
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• pp.265-272
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• 2024

In this paper, the problem of static bending of axially functionally graded (AFG) nanobeam is formulated with the local stress(Lσ)- and strain-driven(εD) two-phase local/nonlocal integral models (TPNIMs). The novelty of the present study aims to compare the size-effects of nonlocal integral models on bending deflections of AFG Euler-Bernoulli nano-beams. The integral relation between strain and nonlocal stress components based on two types nonlocal integral models is transformed unitedly and equivalently into differential form with constitutive boundary conditions. Purely LσD- and εD-NIMs would lead to ill-posed mathematical formulation, and Purely εD- and LσD-nonlocal differential models (NDM) may result in inconsistent size-dependent bending responses. The general differential quadrature method is applied to obtain the numerical results for bending deflection and moment of AFG nanobeam subjected to different boundary and loading conditions. The influence of AFG index, nonlocal models, and nonlocal parameters on the bending deflections of AFG Euler-Bernoulli nanobeams is investigated numerically. A consistent softening effects can be obtained for both LσD- and εD-TPNIMs. The results from current work may provide useful guidelines for designing and optimizing AFG Euler-Bernoulli beam based nano instruments.

• Korean Management Science Review
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• v.19 no.2
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• pp.191-204
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• 2002

As the portion of information systems (IS) budget to the total government budget becomes greater, the cost estimation of IS development and maintenance projects is recognized as one of the most important problems to be resolved for scientific and efficient management of IS budget. Since IS budget makes much effect on the delivery time, quality and productivity of IS projects, the exact cost estimation is also necessary for the successful accomplishment of IS projects. The primary concern in the cost estimation of IS projects is software cost estimation, which requires the measurement of the size of softwares. There are two methods for sizing software : line-of-code approach, function point model. In this paper, we propose a function-point-based model for estimating software cost. The proposed model is derived by collecting about fifty domestic IT projects in public sector and analyzing their relationship between cost drivers and development effort. Since the proposed model is developed by simplifying the function point model that can be used only when detailed user requirements are specified, it can be also applied at project planning and budgeting phase.

• Journal of the Korean Applied Science and Technology
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• v.21 no.2
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• pp.132-139
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• 2004

Film forming behavior of monodispersed model composite latexes with particle size of 190 nm, which consist of n-butyl acrylate as a soft phase monomer and methyl methacrylate as a hard phase monomer with different morphology was examined. Five different types of model latexes were used in this study such as random copolymer particle, soft-core/hard-shell particle, hard-core/soft-shell particle, gradient type particle, and mixed type particle. The film forming behavior was evaluated using pseudo on-line measurements of the cumulative weight loss, the UV transmittance, and the tensile fracture energy. Each stages of film formation I, II were not sensitive to the morphology of model latexes, but stage-ill was largely dependent on the morphology of model latexes. The chain mobility of polymer which composed the shell component was found to dominantly determine the behavior of film forming stage-III.

• Nuclear Engineering and Technology
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• v.42 no.2
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• pp.211-218
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• 2010

An analysis model on debris transport in the containment floor of pressurized water reactors is developed in which the flow field is calculated by Eulerian conservation equations of mass and momentum and the debris particles are traced by Lagrange equations of motion using the pre-determined flow field data. For the flow field calculation, two-dimensional Shallow Water Equations derived from Navier Stokes equations are solved using the Finite Volume Method, and the Harten-Lax-van Leer scheme is used for accuracy to capture the dry-to-wet interface. For the debris tracing, a simplified two-dimensional Lagrangian particle tracking model including drag force is developed. Advanced schemes to find the positions of particles over the containment floor and to determine the position of particles reflected from the solid wall are implemented. The present model is applied to calculate the transport fraction to the Hold-up Volume Tank in Advanced Power Reactors 1400. By the present model, the debris transport fraction is predicted, and the effect of particle density and particle size on transport is investigated.

• Wind and Structures
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• v.31 no.4
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• pp.351-362
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• 2020

In this study, the impact of roof slope on the flow characteristics over low-sloped gable roofs was investigated using steady computational fluid dynamics (CFD) simulations based on a k-ω SST turbulence model. A measurement database of the flow field over a scaled model of 15° was created using particle image velocimetry (PIV). Sensitivity analyses for the grid resolutions and turbulence models were performed. Among the three common Reynolds-averaged Navier-Stokes equations (RANS) models, the k-ω SST model exhibited a better performance, followed by the RNG model and then the realizable k-ε model. Next, the flow properties over the differently sloped (0° to 25°) building models were determined. It was found that the effect of roof slope on the flow characteristics was identified by changing the position and size of the separation bubbles, 15° was found to be approximately the sensitive slope at which the distribution of the separation bubbles changed significantly. Additionally, it is suggested additional attention focused on the distributions of the negative pressure on the windward surfaces (especially 5° and 10° roofs) and the possible snow redistribution on the leeward surfaces.

• Journal of Dental Rehabilitation and Applied Science
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• v.22 no.1
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• pp.55-74
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• 2006

The external contour of an implant can have significant effects on the load transfer characteristics and may result in different bone failure rates for different implant system. The purpose of this study was to investigate the effects of crest module shape and occlusal load direction on bone failure modes of five commercially available dental implant systems. Five different implant systems with internal connection; ITI (Model 1), Astra (Model 2), Bicon (Model 3), Friadent (Model 4), and Paragon (Model 5), comparable in size, but different in thread profile and cest module shapes, were compared using the finite element method. Conclusively, in the internal connection system of the implant-abutment connection methods, the stress-induced pattern at the supporting bone according to the abutment connection form had differenence among them, and implants with narrowing crestal module cross-sections at the top of the cortical bone created more favorable load transfer characteristics in this region. But it is considered that the future study is necessary about how this difference in the magnitude of the stress have an effect on the practical clinic.

• Geomechanics and Engineering
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• v.9 no.2
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• pp.243-259
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• 2015

Comparative study has been performed to investigate the behavior of dredged fills on rigid (Model 1) and flexible (Model 2) containers. The study was focused on the sedimentation of soil fills and the development of total stresses. Model 1 is made of an acrylic cylinder and Model two is a scale-size geotextile tube. Results indicate that for rigid containers, significant decrease of the sediment height is apparent during the dewatering process. On the other hand, because the geotextile is permeable, the water is gradually dissipated during the filling process on flexible containers. Hence, significant loss in the tube height is not apparent during the duration of the test. Pressure spikes are apparent on rigid containers during the filling process which can be attributed to the confining effect due to hydrostatic pressure. For the flexible containers, the pressure readings gradually increases with time during the filling process and normalize at the end on the filling stage. No pressure spikes were apparent due to the gradual dissipation of pore water pressure.

• Journal of the Korean Institute of Telematics and Electronics
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• v.22 no.6
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• pp.58-62
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• 1985

Analytical threshold voltage model of small size ion-implanted MOSFET's is proposed. Yau's model which is only applicable to MOSFET's with constant doping concentration was modified to handle the MOSFET's with nonuniform channel doping concentration and bird's beak, whereby the short and narrow-channel effect was quantitively described. Threshold voltage model for short-channel MOSFET's was derived by approximating the SUPREM result of channel impurity profile to a 2-step profile, and the narrow width be-haviour was successfully described using thr'weighting factor'to accommodate the doping profile in the bird's beak region.

• Structural Engineering and Mechanics
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• v.81 no.2
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• pp.163-178
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• 2022

This paper aimed to study the local bond-slip behavior between ultra-high-performance concrete (UHPC) and a reinforcing bar after exposure to high temperatures. A series of pull-out tests were carried out on cubic specimens of size 150×150×150 mm with deformed steel bar embedded for a fixed length of three times the diameter of the tested deformed bar. The experimental results of the bond stress-slip relationship were compared with the Euro-International Concrete Committee (CEB-Comite Euro-International du Beton)-International Federation for Prestressing (FIP-Federation Internationale de la Precontrainte) Model Code and with prediction models found in the literature. In addition, based on the test results, an empirical model of the bond stress-slip relationship was proposed. The evaluation and comparison results showed that the modified CEB-FIP Model code 2010 proposed by Aslani and Samali for the local bond stress-slip relationship for UHPC after exposure to high temperatures was more conservative. In contrast, for both room temperature and after exposure to high temperatures, the modified CEB-FIP Model Code 2010 local bond stress-slip model for UHPC proposed in this study was able to predict the test results with reasonable accuracy.