• Title/Summary/Keyword: Announcement

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Timing of Earnings Announcement and Post-Earnings-Announcement-Drift(PEAD) (이익 공시시점과 주가지연반응)

  • Kim, Hyung-Soon
    • Asia-Pacific Journal of Business
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    • v.9 no.4
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    • pp.137-155
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    • 2018
  • It has been reported that there is a significant positive relationship between the unexpected earnings on the earnings announcement date and the cumulative abnormal returns following the earnings announcement date. This study investigates whether the results of prior studies are because the public announcement of shareholders' meeting date was selected as the event date instead of either the preliminary earnings disclosure date or the profit/loss change announcement date. The results of this study are as follows. First, post-earnings-announcement drift(PEAD) occurs when unexpected earnings were computed based on the prior period earnings and the public announcement of the shareholders' meeting date as the profit disclosure date. Second, when analyzing the PEAD with the unexpected earnings calculated using the financial analysts' forecasts, no PEAD has been found both on the date of the shareholders' meeting and the earlier date of the preliminary earnings disclosure, profit/loss change announcement, or the public announcement of the shareholders' meeting. Foster et al. (1984) analyze the PEAD using time series model and earnings forecasting model and suggest that the PEAD appears only in the time series model. In this study, too, in the case of using analysts' profit forecasts, the lack of the PEAD shows that the PEAD can be changed according to the method of measuring the unexpected earnings.

The Impact of Severe Weather Announcement on the Korea Meteorological Administration Call Center Counseling Demand (기상 특보 발표가 기상청 콜센터 상담 건수에 미치는 영향 분석)

  • Ji, Youngmi;Park, Taeyoung;Lee, Yung-Seop
    • Atmosphere
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    • v.27 no.4
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    • pp.377-384
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    • 2017
  • The effective management of call centers under special circumstances is critical to improve customer satisfaction. In order to effectively respond to call center counseling demand, this paper aims to identify factors having the greatest impact on the number of Korea Meteorological Administration (KMA) call center counseling. To do so, we propose to combine call center data with severe weather announcement data and investigate how the severe weather announcement affects the number of KMA call center counseling. A time lag analysis is conducted and it is found that the severe weather announcement takes about an hour to be reflected in the number of KMA call center counseling. Based on the result of the time lag analysis, we conduct a comparative analysis according to time and season using the data collected from 1 January 2012, to 29 June 2016. The results show that the number of KMA call center counseling increases at lunchtime and decreases during nighttime, and the average rate of change in call center counseling demand tends to be larger under the severe weather announcement. For the comparative analysis according to the season, there are significant differences in the effect of severe weather announcement on the number of KMA call center counseling in spring, fall and winter.

Development of Procurement Announcement Analysis Support System (전자조달공고 분석지원 시스템 개발)

  • Lim, Il-kwon;Park, Dong-Jun;Cho, Han-Jin
    • Journal of the Korea Convergence Society
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    • v.9 no.8
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    • pp.53-60
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    • 2018
  • Domestic public e-procurement has been recognized excellence at home and abroad. However, it is difficult for procurement companies to check the related announcements and to grasp the status of procurement announcements at a glance. In this paper, we propose an e-Procurement Announcement Analysis Support System using the HDFS, HDFS, Apache Spark, and Collaborative Filtering Technology for procurement announcement recommendation service and procurement announcement and contract trend analysis service for effective e-procurement system. Procurement announcement recommendation service can relieve the procurement company from searching for announcements according to the characteristics and characteristics of the procurement company. The procurement announcement/contract trend analysis service visualizes the procurement announcement/contract information and procures It is implemented so that the analysis information of electronic procurement can be seen at a glance to the company and the demand organization.

An Implementation of On-line Recording for TDX-10A Switching System (TDX-10A 온라인 녹음기능 구현방안 연구)

  • 김태원;류영일이성근
    • Proceedings of the IEEK Conference
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    • 1998.10a
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    • pp.293-296
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    • 1998
  • When the information of announcement facility is modified or added, they are recorded on a tape and then are updated manually using the cassette tape recorder at each office. But the degrade of the tone quality owing to repeated use of the tape and some recording mistakes by processing manually deteriorate the quality of service. And new services such as IN(Intelligent Network) and added functions make the announcement changed very often. Therefore the improved skill of the announcement handling is needed. This paper introduces the implementation of the TDX-10A on-line recording function of transferring voice in PCM data file and storing it in the memory of the recorded announcement facility, when message is recorded onthe fixed type of announcement facility.

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Stock Market Reaction on Olympic Sponsorship Announcement Using Event-study Method

  • Spais, George S.;Filis, George N.
    • Journal of Global Scholars of Marketing Science
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    • v.16 no.2
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    • pp.95-108
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    • 2006
  • The major objective of this study is to test if an Olympic Games sponsorship program can influence investors' behavior: stock returns, stock volatility and transaction volumes. The paper deals with stock market reaction on Olympic sponsorship announcement for service organizations using event study method. Our research intention is to test 440 daily stock prices and transaction volumes, in order investigate the potent influence between the announcement of a grand sport sponsorship program and investors' behavior. For this study we examined the announcement data of three grand sponsors of Olympic Games of Athens 2004 (Alpha Bank. Delta and G.T.O) The main contribution of this study is to examine how stock investors' behavior is influenced by the sponsorship program of companies and to extend research scope of marketing field toward stock market. They authors suggest that organizations interested in influencing investors' behavior should invest in sponsorship activities at the sports' sector.

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A Study on the Relationship between Public Service Announcement on Child Abuse and the Perception of Reporting by People Obliged to Report Child Abuse (아동학대 공익광고와 아동학대 신고의무자의 신고인식의 관계 연구)

  • Seo, Bokhyun
    • Journal of The Korean Society of Integrative Medicine
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    • v.6 no.3
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    • pp.43-57
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    • 2018
  • Purpose : The act of reporting child abuse by people obliged to report child abuse is a way to detect long-term incidents of child abuse in early stages and to prevent a vicious cycle of social crimes. Thus, this study intends to enhance the reporting of child abuse through a study on the perception of people obliged to report child abuse through the public service announcement on child abuse. Methods : First, in order to identify the demographic characteristics of the subjects, the frequency and percentage were calculated. Second, in order to verify the reliability of the variables, Cronbach ${\alpha}$ was calculated. Third, in order to examine the perception of people obliged to report child abuse and the perception of reporting, a t-test (verification) and One-way ANOVA were conducted. Fourth, in order to identify the relationship between variables, a Correlation analysis was conducted. Result : The results show that people obliged to report child abuse did not perceive the public service announcement on child abuse positively and it varied depending on their jobs. The correlation between the public service announcement on child abuse and sub-factor of perceptions of reporting showed that a positive correlation was found in reliability, interest, understanding, perceiving the public service announcement on child abuse, perceiving severity and effectiveness, whereas a negative correlation was found in perceiving hazards. Conclusion : The education for preventing child abuse is required by the job type of people obliged to report. It is necessary to convey the message of effective public service announcement. The public service announcements on child abuse must be nationwide and long-term projects.

Securing Anonymous Authenticated Announcement Protocol for Group Signature in Internet of Vehicles

  • Amir, Nur Afiqah Suzelan;Malip, Amizah;Othman, Wan Ainun Mior
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.14 no.11
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    • pp.4573-4594
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    • 2020
  • Announcement protocol in Internet of Vehicles (IoV) is an intelligent application to enhance public safety, alleviate traffic jams and improve transportation quality. It requires communication between vehicles, roadside units and pedestrian to disseminate safety-related messages. However, as vehicles connected to internet, it makes them accessible globally to a potential adversary. Safety-related application requires a message to be reliable, however it may intrude the privacy of a vehicle. Contrarily, if some misbehaviour emerges, the malicious vehicles must be able to traceable and revoke from the network. This is a contradiction between privacy and accountability since the privacy of a user should be preserved. For a secure communication among intelligent entities, we propose a novel announcement protocol in IoV using group signature. To the best of our knowledge, our work is the first comprehensive construction of an announcement protocol in IoV that deploys group signature. We show that our protocol efficiently solves these conflicting security requirements of message reliability, privacy and accountability using 5G communication channel. The performance analysis and simulation results signify our work achieves performance efficiency in IoV communication.

Efficient Privacy Preserving Anonymous Authentication Announcement Protocol for Secure Vehicular Cloud Network

  • Nur Afiqah Suzelan Amir;Wan Ainun Mior Othman;Kok Bin Wong
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.17 no.5
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    • pp.1450-1470
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    • 2023
  • In a Vehicular Cloud (VC) network, an announcement protocol plays a critical role in promoting safety and efficiency by enabling vehicles to disseminate safety-related messages. The reliability of message exchange is essential for improving traffic safety and road conditions. However, verifying the message authenticity could lead to the potential compromise of vehicle privacy, presenting a significant security challenge in the VC network. In contrast, if any misbehavior occurs, the accountable vehicle must be identifiable and removed from the network to ensure public safety. Addressing this conflict between message reliability and privacy requires a secure protocol that satisfies accountability properties while preserving user privacy. This paper presents a novel announcement protocol for secure communication in VC networks that utilizes group signature to achieve seemingly contradictory goals of reliability, privacy, and accountability. We have developed the first comprehensive announcement protocol for VC using group signature, which has been shown to improve the performance efficiency and feasibility of the VC network through performance analysis and simulation results.

Classification of Traffic Information Announcement Considering Cognitive Characteristics for Traffic Situations (교통상황별 인지특성을 고려한 교통정보 방송멘트의 분류에 관한 연구)

  • Hwang, Seong-Min;Lee, Byung-Joo;Suh, Seung-Hwan;Sung, Soo-Lyeon;NamGung, Moon
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.9 no.3
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    • pp.1-11
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    • 2010
  • Traffic broadcasting is using a usual traffic information announcement when giving its information to users on the road and for the provision of information useful to drivers, a clear criteria of how to judge with information from informers needs to be established from the perspective of users. In this study, to give some available criteria for current announcement which often causes confusion, cognitive characteristics were investigated and analyzed based on judgment criteria which are commonly felt by correspondents, participants in traffic broadcasting and drivers. The result requires the provision of information that is relied on an average speed where drivers feel little cognitive difference and found a classification where a smooth traffic flow is more than 60km/h, going slow 40~60km/h and congested state less than 40km/h respectively. And from the study of 35 traffic information announcement for different traffic situations, 8 cases of smooth state and 9 cases of congested state were clearly classified but the rest 18 cases of comment were ambiguously perceived by drivers and which requires the necessity of a announcement that uses directly the word of 'smooth', 'slow', and 'congestion' in the actual expression of slow driving. The future study should be focused on the establishment of more definite criteria by representation of nearly real traffic flow, provision of traffic information announcement and the analysis of cognitive response through car dynamic simulators and the kinds.

A Study on the Optimized Announcement Based Evacuation Guidance Using Haas Effect (선행음 효과를 이용한 최적의 음성피난유도음에 관한 연구)

  • Baek, Eun-Sun;Kim, Sun-Woo;Baek, Geon-Jong;Shin, Hoon;Song, Min-Jeong;Kook, Chan
    • Fire Science and Engineering
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    • v.25 no.2
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    • pp.101-106
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    • 2011
  • In case of an emergency such as a fire on a building and there is a need to evacuate the occupant in that building, it is important to have the guidance information effectively delivered to the evacuating occupants to guide them toward a safe direction using audio sensual media. And, it is also very important to prevent the evacuating occupants getting lost or falling astray, away from the direction toward safety. The purpose of this study, in this respect, is to examine the possible application of the precedent sound effect, with which the evacuating occupants may get a sense of the direction where the announcement comes from. With such an effect, an experiment was conducted to measure the extent to which people can hear the preceding and the following sound in terms of the acoustic pressure level changes and delay time changes, with a view to make the optimal evacuation-guidance announcement or sound. The optimal evacuation guidance sound (announcement) per each of the experimental indoors environments were as follows; 1) Regarding the optimal condition for the evacuation guidance announcement sound in the space of a lecture room, the direction of the advanced sound is positively recognized when the follow-up sound has the delaying time of 10 ms~50 ms in comparison with the advanced sound or when there is no difference between the acoustic pressures of the advanced and follow-up sounds or the acoustic pressure of the advanced sound is higher than that of the follow-up sound. 2) Regarding the optimal evacuation guidance announcement sound in the space of a hall, the advanced sound is positively recognized when the follow-up sound has the delaying time of 20 ms~60 ms in comparison with the advanced sound. 3) Regarding the optimal evacuation guidance announcement sound in the space of a gymnasium, the advanced sound is positively recognized when the follow-up sound has the delaying time of 10 ms~40 ms in comparison with the advanced sound or when the sound pressure of the advanced sound has a higher level than or the same level as that of the follow-up sound.