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Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2026) 34 (1): 23–43.
Published: 07 November 2025
... purposes), subject to full attribution to the original publication and authors. The full terms of this licence maybe seen at Link to the terms of the CC BY 4.0 licence . Stock price crash risk Excessive cash holding Corporate governance G30 G34 G35 Dongguk University S-2024...
Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2024) 32 (4): 266–285.
Published: 07 November 2024
... commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this licence maybe seen at http://creativecommons.org/licences/by/4.0/legalcode Explainable AI (XAI) Zombie firms XGBoost SHAP LIME Financial forecast G30 G32...
Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2024) 32 (1): 23–35.
Published: 22 November 2023
... G21 G30 G32 Since Bitcoin was created as a cryptocurrency in 2009, numerous cryptocurrencies have been introduced into the market. Even though cryptocurrency markets have geometrically grown in value over the last decade, the price of each cryptocurrency is extremely fluctuating. Despite...
Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2023) 31 (3): 242–260.
Published: 06 July 2023
... analysis Dynamic panel model G30 G32 J24 Measuring labor productivity based on value-added per employee and sales per employee, Nho and Chae (2009) argued that education and training costs have a positive relationship with sales, but no relationship with value-added. Brav et al...
Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2023) 31 (2): 139–161.
Published: 23 May 2023
... maybe seen at http://creativecommons.org/licences/by/4.0/legalcode OCIO Asset allocation Random portfolio SAA Performance G10 G30 Table 1 Fund status and OCIO adoption fund Variables `10 `11 `12 `13 `14 `15 `16 `17 `18 `19 `20 Panel...
Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2022) 30 (3): 219–244.
Published: 20 June 2022
...-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this licence maybe seen at http://creativecommons.org/licences/by/4.0/legalcode Payout policy Corporate governance Foreign investment horizons Emerging markets G30 G34 G35...
Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2022) 30 (1): 46–57.
Published: 25 November 2021
... offer Long-term performance G30 Although the subsample analyses show significant differences for each classification, the differences in the proportion of firms delisted are greatest for the rights/public issuance method. Within 36 months of issuance, 36.4% of public offering firms delist...
Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2022) 30 (1): 58–72.
Published: 23 November 2021
... Monitoring effect G30 G35 Another set of evidence finds that dividends help restrain suboptimal behaviors of managers and deter earnings manipulation for private benefits. In addition, the role of dividends is to relieve information asymmetry between insiders and outsiders improving...

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