• Journal of Distribution Science
• /
• v.20 no.12
• /
• pp.81-87
• /
• 2022

Purpose: This study aims to explore the relationship between stock liquidity and skewness risk-tail risk (stock price crash risk) in an emerging market, in which problems on liquidity are more severe than in developed markets. Research design, data, and methodology: Based on the Thai market stock exchange over the period of 2000 to 2019, our sample include 13,462 firm-period observations. We employ a panel regression models regarding to five liquidity measures. These five liquidity measures cover three dimensions of liquidity namely the volume-based, price-based, and transaction cost-based measures for the liquidity-tail risk relationship. Results: We find a positively significant relationship between stock liquidity and tail risk in all cases. The finding here shows that the higher the stock liquidity, the larger the tail risk is. Conclusion: As the prior studies show inconclusive effect of stock liquidity on stock price crash risk, we demonstrate that mixed results found in prior studies are probably driven from the type of liquidity measure. The stock liquidity-tail risk association is present in the Stock Exchange of Thailand. The results remain the same regardless of the definition of tail risk and liquidity factors. An endogeneity issue is addressed by employing the two-stage least squares regression.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.4
• /
• pp.949-958
• /
• 2021

This study aims to develop a theoretical model in order to determine factors affecting consumer intention to use credit cards by combining Theory of perceived risk and Technology acceptance model. Despite of perspective of consequences in prior studies on related research fields, this study focuses on the sources of perceived risk, including transaction, payment and credit risks, which are proposed and measured in a preliminary research. A measurement model and a structural model with the presence of perceived risk in sources are tested in a formal research with data collected from 538 bank customers. An analysis results show that payment risk, usefulness, transaction risk, ease of use, and credit risk influence significantly Vietnamese consumers' intention to use credit cards in decreasing order of influence. These factors account for 64.6% of the variation in intended use. All three dimensions of perceived risk have a negative effect on the intention to use, with the total impact greater than the level of influence of the other two factors of usefulness and ease of use. These findings can be beneficial to banks in enacting policies to attract more consumers and to allocate resources for improving their credit card business.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.7
• /
• pp.557-569
• /
• 2021

The study investigates the impact of strategic planning (SP) factors on service quality (SQ) in private universities (PUs) in Oman and how they fit together in the development of higher education institutions (HEIs). The reports of the Ministry of Higher Education (MoHE) in Oman revealed that the service quality in private universities is unsatisfactory. This study employs a quantitative method. Data were collected from a sample of 730 academics and administrators. Structural Equation Modeling (SEM) based on AMOS software was applied for data analysis. The results of the structural paths showed that, among the strategic planning factors, only environmental scanning and leadership had a direct significant impact on service quality. However, mission statement and participation had insignificant direct impact on service quality. The findings suggest that environmental scanning and leadership are critical factors in predicting service quality dimensions of private universities. The findings add to the body of knowledge particularly in the Omani context, which can be useful in the neighboring countries as well. The study combines two different popular models in addressing service quality. The study also clarified the importance of each factor of the strategic planning process, which give a comprehensive picture of the university.

• Bulletin of the Korean Chemical Society
• /
• v.7 no.5
• /
• pp.331-334
• /
• 1986

The crystal structure of thiamin tetrahydrofurfuryl disulfide, one of the ring-opened derivatives of thiamin, has been determined by the X-ray diffraction methods. The crystal is monoclinic with cell dimensions of a = 8.704 (1), b = 11.207 (2), c = 21.260 (3) ${\AA}$ and ${\beta}$ = 92.44 (2)$^{circ}$, space group P2$_{1}$/c and Z = 4. The structure was solved by direct methods and refined to R = 0.076 for 1252 observed reflections measured on a diffractometer. The molecule assumes a folded conformation in which the pyrimidine and the tetrahydrofurfuryl rings are on the same side of the ethylenic plane. The pyrimidinyl, N-formyl and ethylenic planes are mutually perpendicular to each other and the N(3)-C(4) bond retains a single bond character. The structure is stabilized by an intramolecular N(4'${\alpha})-H{\cdots}O(2{\alpha}$) hydrogen bond. The molecules are connected via N(4'${\alpha}$)-H{\cdots}(N3')$ and O(5${\gamma})-H{\cdots}(N1')$ hydrogen bonds, forming a two-dimensional hydrogen-bonding network. The tetrahydrofurfuryl ring is dynamically disordered. The overall conformation as well as the packing mode is very similar to that of thiamin propyl disulfide.

• Journal of the Korean Society of Clothing and Textiles
• /
• v.45 no.3
• /
• pp.477-494
• /
• 2021

This study examined four subjects with close to average body-size values in four stages based on the average BMI value of middle-aged women aged 45 to 59 years. The first experimental pants was developed with two kinds of educational materials pants pattern. After using a clothing-suitability evaluation to identify problems, a pants pattern suitable for the body shape of middle-aged women was developed by modifying and supplementing the initial design. The fit assessment revealed that pattern A had a problem with wrinkles in the hip and thigh areas due to the long crotch length, and pattern B had a short bottom length, which caused the bottom to curl in toward the groin or for the bottom to stick at the hips. The second experimental pants was developed to address these issues and overall satisfaction with the dimensions was higher than for the first educational pattern. The proper front and rear length extensions satisfied movement functionality and appearance requirements, and increasing the gradient of the back centerline-rather than expanding the width of the back crotch-improved the functionality.

• Journal of Information Technology Services
• /
• v.20 no.2
• /
• pp.111-126
• /
• 2021

A Kano model was used to classify the quality attributes of the service robot function for actual deployment that can support and replace bank employees. Quality attributes for a total of 6 dimensions and 23 service elements were divided into bank employees and customer groups, and service priorities were derived after comparative analysis. The Decision tree model was used to supplement the excessive simplification of quality attributes by the modest number of Kano models and to classify and predict by segment market. Of the 23 services, 16 were classified into the same attributes in both groups. 6 services classified as combination attributes used a Decision tree to identify differences in perception of quality attributes among groups. In terms of basic financial services and professional financial services, it was confirmed that bank employees feel financial service robots more attractive than ordinary customers. In the design of IT convergence service, we propose a methodology for deriving quality attributes by combining a Kano model for classifying quality attributes of two groups and a Decision tree for forecasting subdivision markets.

• Journal of the Korean Society of Physical Medicine
• /
• v.16 no.3
• /
• pp.21-27
• /
• 2021

PURPOSE: This study examined the relationship between the severity of a hallux valgus (HV) deformity and the kinetic three-dimensional ground reaction force (GRF) through a motion analysis system with force platforms in individuals with a HV deformity during normal speed walking. METHODS: The participants were 36 adults with a HV deformity. The participants were asked to walk on a 6 m walkway with 40 infrared reflective markers attached to their pelvic and lower extremities. A camera capture system and two force platforms were used to collect kinetic data during gait. A Vicon Nexus and Visual3D motion analysis software were used to calculate the kinetic GRF data. RESULTS: This research showed that the anterior maximal force that occurred in the terminal stance phase during gait had a negative correlation with the HV angle (r = -.762, p < .01). In addition, the HV angle showed a low negative correlation with the second vertical maximal force (r = .346, p < .05) and a moderate positive correlation with the late medial maximal force (r = .641, p < .01). CONCLUSION: A more severe HV deformity results in greater abnormal translation of the plantar pressure and a significantly reduced pressure force under the first metatarsophalangeal joint.

• International journal of advanced smart convergence
• /
• v.10 no.2
• /
• pp.194-200
• /
• 2021

The purpose of this study is to analyze the structural relationship among self-leadership, grit, and performance.Specifically, self-leadership was selected as an independent variable, two dimensions of grit were selected as mediator variables, and performance was selected as a dependent variable. This structural equation model is based on previous studies.The subjects of this study were middle and high school Taekwondo players, and the survey was collected using the online survey system KSDC (Korean Social-Science Data Center). The sampling method was a non-probability sampling method, convenience sampling method.A total of 367 copies were collected through this process, and 355 copies were used as the final valid samples after excluding the insincere data.Data processing was done with SPSS 23 for frequency analysis, exploratory factor analysis and reliability analysis. Also, AMOS 21 was used for confirmatory factor analysis and structural equation model analysis. The results of the analysis are as follows: First, self-leadership had a positive effect on bothi interest consistency grit and effort persistence grit. Second, it was found that both interest consistency grit and effort persistence grit have a positive effect on performance.Third,self-leadership had a positive effect on performance.

• Korean Journal of Childcare and Education
• /
• v.18 no.1
• /
• pp.51-70
• /
• 2022

Objective: In order to promote the rights of childcare teachers, there is a need to identify problems and demands about the rights of childcare teachers. Therefore, this study sought to examine the perception of childcare teachers' rights in order to identify the concepts of teacher rights. Methods: This study used the concept mapping method to identify the concepts of childcare teachers' teacher rights and interpreted these concepts utilizing the multi-dimension analysis method. Results: As a result of interviews from eight childcare teachers, 37 statements were derived. The result of similarities evaluated by 28 childcare teachers showed that 37 statements about teachers' rights consisted of two dimensions and four clusters (direct-indirect and indoor-outdoor of day-care center). Conclusion/Implications: This study suggested that direct and indirect efforts are needed to enhance the rights of childcare teachers and that change is necessary not only within daycare centers such as the principal but that change is also necessary outside daycare centers such as at government agencies in relation to daycare teachers's rights.

• Journal of the Korean Society for Aeronautical & Space Sciences
• /
• v.50 no.6
• /
• pp.367-376
• /
• 2022

In this study, a steady and unsteady aerodynamic analysis program using a 3-dimensional subsonic unstructured panel method is developed and verified. Surfaces of bodies are modeled with the source and doublet distributions on triangular or quadrilateral panels. Geometry modeling of complex geometries and multi-body, therefore, can be easily accomplished. The Kelvin theory and the unsteady Kutta condition allow the doublet strength of the wake panels determined for unsteady flows. Various steady and unsteady flows in two and three dimensions are computed and compared with the analytical and the published computational results.