Search results for "Merger"
showing 9 items of 79 documents
External knowledge sourcing for R&D activities: antecedents and implications of governance mode choice
2014
This paper investigates how internal and external factors affect the choice between alliances and joint ventures (A&JVs) and mergers and acquisitions (M&As) for the external sourcing of research and development (R&D) activities, and whether or not such a choice is really con- tingent, that is, is it the best choice in terms of its impact on firms’ innovative performance under those circumstances? We build a set of hypotheses based on both the transaction-cost theory and the resource-based view, and test them through a secondary data source analy- sis. We found that companies adopt either R&D M&A or A&JV depending on internal (e.g. resources and capabilities, innovation experience) and exter…
Population Properties of Compact Objects from the Second LIGO-Virgo Gravitational-Wave Transient Catalog
2021
Abbott, R., et al. (LIGO and Virgo Collaboration)
Search for Gravitational Waves Associated with Gamma-Ray Bursts Detected by Fermi and Swift during the LIGO-Virgo Run O3a
2022
Abbott, R., et al. (LIGO and VIRGO Collaboration)
GW170817: Observation of Gravitational Waves from a Binary Neutron Star Inspiral
2017
On August 17, 2017 at 12-41:04 UTC the Advanced LIGO and Advanced Virgo gravitational-wave detectors made their first observation of a binary neutron star inspiral. The signal, GW170817, was detected with a combined signal-to-noise ratio of 32.4 and a false-alarm-rate estimate of less than one per 8.0×104 years. We infer the component masses of the binary to be between 0.86 and 2.26 M, in agreement with masses of known neutron stars. Restricting the component spins to the range inferred in binary neutron stars, we find the component masses to be in the range 1.17-1.60 M, with the total mass of the system 2.74-0.01+0.04M. The source was localized within a sky region of 28 deg2 (90% probabili…
Negotiation strategies and offers : perceptions of mergers and acquisitions advisors
2014
This thesis sought to identify mergers and acquisitions advisors’ perceptions of their own negotiation strategies in a typical negotiation. Additionally, the thesis examined the potential association between the first offer and a negotiator’s perception of his or her own negotiation strategy. This was researched empirically by presenting the negotiators two different first offer negotiation scenarios. In the first scenario, a buyer presented a first offer that was higher than a negotiator’s reservation value. In the second scenario, a buyer presented a first offer that was lower than a negotiator’s reservation value. The theoretical framework of the thesis was based on the negotiation analy…
First trap-assisted decay spectroscopy of the $$^{81}$$Ge ground state
2022
AbstractThe $$\beta $$ β -delayed $$\gamma $$ γ spectroscopy of $$^{81}$$ 81 As has been performed using a purified beam of $$^{81}$$ 81 Ge $$(9/2^+)$$ ( 9 / 2 + ) ground state at the Ion Guide Isotope Separator On-Line facility (IGISOL). The $$^{81}$$ 81 Ge$$^+$$ + ions were produced using proton-induced fission of $$^{232}$$ 232 Th and selected with the double Penning trap JYFLTRAP for the post-trap decay spectroscopy measurements. The low-spin $$(1/2^+)$$ ( 1 / 2 + ) isomeric-state ions $$^{81m}\hbox {Ge}^+$$ 81 m Ge + were not observed in the fission products. The intrinsic half-life of the $$^{81}$$ 81 Ge ground state has been determined as $$T_{1/2}=6.4(2)~\hbox {s}$$ T 1 / 2 = 6.4 ( …
How firm boundaries are drawn
2012
While many studies exist regarding the firm choice to make vs. buy, there has been little study about the choice between make, buy or ally. In this paper we investigate how firms choose among make, buy or make together when they have to organize a particular transaction. In particular we develop theory-based hypothesis that link the theoretical determinants of firm’s boundaries to the governance choice. In order to test such hypothesis we operationalize the main constructs in measurable variables and we collect information for that. The final sample represents 4316 mergers and acquisitions, alliances, and divestitures announced and completed by 88 of the first-ranked 100 members of the 2000…
From “Strategic Fit” to Synergy Evaluation in M&A Deals
2012
The aim of this paper is to grasp the processes underlying the genesis and assessment of synergies in M&A deals. We proceed to an in-depth scrutiny of the foundations of synergies using Porter’s model of the value chain. A discernment of the nature of synergies and the mode of their emergence is helpful to clarify to what extent and under which boundary conditions it is appropriate to apply the DCF or the real option techniques for evaluating each type of synergy. Combining both financial tools, the methodology suggested for evaluating the synergies is able to: evaluate projects of M&As, orient the selection of target firms and the definition of the premium of acquisition, and drive…
Technical Education in Jeopardy? Assessing the Interdisciplinary Faculty Structure in a University Merger
2019
AbstractThe social responsibility of universities is to contribute to solving the ‘wicked problems’ facing humanity, including climate change, poverty, conflicts and the lack of energy resources. Interdisciplinarity is an approach that enables solving these problems and helps higher education institutions become more socially responsible while meeting the requirements of their stakeholders. In this chapter, we analyse a multidisciplinary and sector-breaking merger of three higher education institutions in Finland, where the merger is justified by its contribution to solving wicked problems through increased structural interdisciplinarity. We examine the suggested faculty structures and view…