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Impact of Board Characteristics on Bank Risk: The Case of Vietnam

  • TRAN, Tu T.T.;DO, Nhung H.;NGUYEN, Yen T.
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.377-388
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    • 2020
  • The research identifies hypotheses evaluating the impact of board characteristics on the risk of the commercial bank as well as examining the determinants of bank risk in Vietnam over a 10-year period, starting from 2008. Also, in this research, the differences between the roles of women and men in decision-making are tested. Based on this decision, risks of the banks may arise. Ordinary least squares(OLS) regression, Random effect method, and Fixed effect method are used to estimate the factors that have an impact on bank risk for dataset of all commercial banks in Vietnam. The results found that equity-to-asset ratio, bank performance and the economic growth have an inverse relationship with bank risk, while the size of bank has a positive relationship with the bank risk. One of the highlights of this paper is a demonstration of the relationship between CEO's gender and bank risk. The test result shows that the bank led by a female faces a higher overall risk level and credit risk than a bank led by a male. Based on this result, the paper also makes recommendations to Government, the State Bank of Vietnam and the commercial banks for effective risk management.

Relationships of Family-of-origin Functioning with Self-differentiation and Psychological Well-being among College Students (대학생이 지각한 원가족 기능과 자기분화 및 심리적 안녕의 관계)

  • Chung, Hye-Jeong
    • Korean Journal of Human Ecology
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    • v.17 no.6
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    • pp.1135-1149
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    • 2008
  • The main purpose of this research was to examine a causal model concerning the direct and the indirect effect of family-of-origin functioning on psychological well-being through self-differentiation. The gender differences in the levels of the variables and the correlations among the variables were also examined. Participants were 587 female and 268 male students enrolled in nine different universities. The causal model was tested through structural equation model by using AMOS 8.0 program. The result showed that the levels of self-differentiation and psychological well-being were higher for males than for females, and that the three variables were positively associated to each other for both males and females. The result also indicated that male students' perception of family-of-origin functioning directly influenced their psychological well-being as well as indirectly through self-differentiation, while females' family-of-origin functioning had only a direct effect on their well-being. Results were discussed in terms of the applicability of self-differentiation to Korean college students and of the importance of family-of-origin functioning to improve students' mental health.

Fourier Transform-Based Phasor Estimation Method Eliminating the Effect of the Exponentially Decaying DC offsets (지수 감쇄하는 DC 옵셋 영향을 제거한 푸리에 변환 기반 페이져 연산 기법 기법)

  • Lee, Dong-Gyu;Kim, Cheol-Hun;Kang, Sang-Hee
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.9
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    • pp.1485-1490
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    • 2008
  • This paper proposes a new Fourier transform-based phasor estimation method to eliminate the adverse influence of the exponentially decaying dc offsets when Discrete Fourier Transform (DFT) is used to calculate the phasor of the fundamental frequency component in a relaying signal. By subtracting the result of odd-sample-set DFT from the result of even-sample-set DFT, the information of dc offsets can be obtained. Two dc offsets in a relaying signal are treated as one dc offset which is piecewise approximated in one cycle data window. The effect of the dc offsets can be eliminated by the approximated dc offset. The performance of the proposed algorithm is evaluated by using computer-simulated signals and EMTP-generated signals. The algorithm is also tested on a hardware board with TMS320C32 microprocessor. The evaluation results indicate that the proposed algorithm has the stable and accurate eliminating performance even if the input signal contains two decaying dc components having different time constants.

The Fabrication and Properties of Lead-tree Transparent Dielectric Thick Films for PDP (PDP 무연 투명유전체 후막의 형성 및 특성)

  • Heo, Sung-Cheol;Choi, Duck-Kyun;Oh, Young-Jei
    • Journal of the Korean Institute of Electrical and Electronic Material Engineers
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    • v.17 no.10
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    • pp.1107-1113
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    • 2004
  • Dry film method for large size of PDP(Plasma Display Panel) module has been actively investigated. This method for lead-free transparent dielectric formation depends on green sheet technology. By adjusting the composition of transparent dielectric powders and organics, uniformly dispersed slurry was fabricated, Viscosity of the slurry exhibited pseudoplastic behavior for tape casting, Cast green sheets were tested under tensile condition at room temperature. It was found that the increase in transparent dielectric powder and binder ratio leads to decrease in strain to failure of green sheets from 120 % to 34 % and from 255 % to 4 %, respectively. Tensile strength of green sheets decreased abruptly with increase of transparent dielectric powder ratio, with minimum at 0.13 MPa. On the other hand, tensile strength increased continuously from 0.1 MPa to 2.4 MPa with increase of binder ratio. The green sheets were attached on the glass substrate and heated by following firing schedule. As a result, the best result was obtained when fired at 580 $^{\circ}C$ for 15 min and had transmittance of 78 % in visible range 550 nm.

Study on Torque precision measuring System using Curve Fitting Algorithm (커브피팅 알고리즘이 적용된 토크 정밀 측정 시스템 개발에 관한 연구)

  • Lee, Ki Won;Ha, Jae Seung;Kang, Seung Soo
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.8 no.4
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    • pp.1-11
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    • 2012
  • This paper is the study on the development of a torque precision measuring system using the curve fitting algorithm. This system can be divided into the hardware part and the software part. The hardware part consists of the main base board, the DAQ(Data Aquisition) board and Calibration parts. The software part consists of the software filter module and the curve fitting algorithm module. We have tested the torque transducer including the strain gauge for 200 Nm range and have analyzed the data acquired with the curve fitting algorithm by using this system. The DAQ board converts the electric signal induced by the transducer to the digital value precisely by using the shunt calibration procedure. The main board including the curve fitting algorithm calculates the exact digital torque value by using the digital value from the DAQ board. In this study, we confirmed that the result of the appropriate high-order power-series polynomial function is more accurate than the result of the low-order power-series polynomial through the system.

An Experimental Study on the Noise Reduction Method of HEV-relay Module (하이브리드 자동차용 계전기 모듈의 소음저감에 관한 실험적 연구)

  • Seo, Jae-Yong;Kim, Won-Jin
    • Journal of the Korean Society for Precision Engineering
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    • v.27 no.10
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    • pp.77-83
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    • 2010
  • In this paper, the noise of HEV(hybrid electric vehicle)-relay module during the turn-on and turnoff switching is experimentally analyzed and an effective method is proposed to reduce the impact noise. First, enclosure methods of 100A relay part with urethane and silicon are tested to find out a better material to isolate the noise. This result shows that the urethane is a better for the noise isolation of relay, so the relays enclosed by urethane are installed in the relay module. Second, the noise of HEV-relay module is analyzed experimentally to identify the noise generation mechanism. From this result, it is found that the vibration transmitted to battery pack through bolt generates the structural borne noise with the frequency band of 200~2000 Hz, which is more serious when the switch is turned off. Finally, the direction of switching and the joint structure are modified in order to isolate the vibration transmitted to battery back. Both methods are very effective to reduce the switching noise.

A Study on the Variation of HAA Precursors by Ozonation of Phenol (페놀의 오존 산화시 관찰된 HAA 전구물질 변화에 관한 연구)

  • Oh, Byung Soo;Kim, Kyoung Suk;Kang, Joon-Wun
    • Journal of Korean Society on Water Environment
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    • v.21 no.2
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    • pp.153-157
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    • 2005
  • The purpose of this study was to find out the effect of oxidation by-products for the formation of haloacetic acid (HAA) during ozonation. The phenol was used as a model precursor of HAA, and its oxidation by-products, such as hydroquinone, catechol, glyoxal, glyoxylic acid and oxalic acid were investigated to find out how much HAA formation potential (HAAFP) they have. As the result, among the phenol and its oxidation by-products, the highest reactivity with chlorine was found from the phenol, showing the highest HAAFP. Even though the tested by-products had a lower HAAFP than phenol, it was confirmed that all of them can act as the precursor of HAA. From the ozonation of phenol-containing water, it was found that the efficiency of ozone in controlling of HAAs can be reduced due to the oxidation by-products. In addition, the ozonation of HAAFP was performed under the both pH conditions (acid and base), and the result indicates that OH radical play a important role to decrease HAAFP.

Effects of Consumers' Perception of Shopping Cost and Recreational Shopping Orientation on Catalog Shopping of Apparel (의류 제품의 통신 판매와 소비자 구매 의도 -쇼핑 비용 지각과 쾌락적 쇼핑 성향을 중심으로-)

  • 이은주;이은영
    • Journal of the Korean Society of Clothing and Textiles
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    • v.20 no.5
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    • pp.826-840
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    • 1996
  • With rapid changes in social and marketing environments, catalog retailing emerges as a new method of selling clothes in Korea. In catalog shopping, in-store and multi·store search behavior are omitted saving consumers time and effort. On the other hand, consumers may lose recreational enjoyment of shopping when they purchase clothes through catalog. In this study, consumers perception of shopping cost and recreational shopping orientation were tested as consumer characteristic intervening catalog shopping behavior. The concept of shopping cost was derived from Darian(1987)'s analysis of cost and benefit of store shopping and in-home shopping. A national sample of 700 adult women was surveyed and 477 questionnaires were returned and used for statistical analysis. Nine shopping cost perception variables were found to have significant positive relationships with the purchase intention of apparel through catalog. As a result of confirmatory factor analysis, two factors of shopping cost were found; perception of lack of shopping time and perception of store search effort. Causal modeling of LISREL analysis showed that percetion of lack of shopping time was strongly related with patronizing intention of catalog shopping. Since catalog shopping exclude enjoyment of store shopping activity, it can be logically inferred that recreational store shoppers have less chance of being catalog shoppers. However, the result of LISREL analysis showed that there were no negative relationship between recreational shopping orientation and catalog shopping intention. This suggests that consumers might experience enjoyment of shopping through catalog when properly presented.

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Influence of luminous jig to catching of squid jigging in the Korean waters (오징어 채낚기 낚시의 야광이 어획에 미치는 영향)

  • RYU, Kyung-Jin;KIM, Hyung-Seok
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.55 no.4
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    • pp.303-309
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    • 2019
  • This study identified the characteristics of squid jig in korea waters by investigating the effect of color and luminous performance of squid jig on the catch of squid and experimenting the result of jig according to green jig or white jig, and whether using luminous or not were tested in the sea to improve the jig of squid jigging. For this purpose, a total of 13 sea experiments were conducted using T/S No. 2 Galmaegi. As a result, 341 squids were caught. Among them, 221 squids were caught by green jig (64.8%), 64 squids were caught by white jig (18.8%), 41 squids were caught by green luminous jig (13.8%), and nine squids were caught by white luminous jig (2.6%). The green jig commonly used in jigging vessel was most effective, and luminous jig was less effective than that non-luminous jig. The squids caught were Japanese flying squid (Todarodes pacificus), swordtip squid (Loligo edulis) and spear squid (Loligo bleekeri), and no significant characteristics were found according to the color of jig and the presence of luminous.

An Exploratory Research on Pattern Development of Bicycle Apparel for Cyclists (사이클 선수들을 위한 투피스형 사이클복의 패턴개발에 관한 연구)

  • 최미성
    • Journal of the Korean Society of Clothing and Textiles
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    • v.28 no.5
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    • pp.637-647
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    • 2004
  • The goal of this study was to develop bicycle apparel pattern for women cyclists. To investigate the pattern of bicycle apparel in Korea, anthropometric data were collected using direct and indirect measurements from October 2002 to July 2003. Three female subjects were recruited from forty measured women cyclists for pilot test. The differences between the responses of prototype bicycle apparel and existing bicycle apparel were compared using mean, standard deviation and t-test. The outfits for cyclists was completed through the three times rectification. Based on the results from the fit and appearance testing, I concluded as follows: The mean value of the center back length, back width, sleeve out-seam, bust & thigh circumference, and weight of cyclists are more than the mean value of the non-cyclists. The result of fit evaluation by judges shows that there is a significant differences in the response to the shoulder, collar, movement of arms of jersey and movement of upper legs, crotch fit and general fit of shots. The result of appearance test between two outfits is no differences the mean value except the waist ease when sitting on cycle. Prototype bicycle apparel pattern for women cyclists developed and tested in this study have the potential to increase field performance and appearance.