NBER WORKING PAPER SERIES DO SHAREHOLDERS OF ACQUIRING FIRMS GAIN FROM ACQUISITIONS? Sara B. Moeller Frederik P. Schlingemann René M. Stulz Working Paper 9523 http://www.nber.org/papers/w9523 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge‚ MA 02138 February 2003 We are grateful to Harry DeAngelo and Ralph Walkling for useful comments. The views expressed herein are those of the author and not necessarily those of the National Bureau of Economic Research. ©2003 by Sara
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Toward a knowledge-based theory of the firm ROBERT M. GRANT ‚ 1996‚ SMJ Presentation of the article The different theories of the firm when applied to the field of strategic management help explain firm performance and the determinants of strategic choice from different perspectives. The knowledge-based view‚ through its focus upon knowledge as the most strategically important firm resource‚ is seen here as an extension of the resource-based view. The issues with which the KBV concerns itself
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issue and full text archive of this journal is available at www.emeraldinsight.com/1475-7702.htm RAF 11‚1 Do CEO compensation incentives affect firm innovation? Shahbaz Sheikh University of Western Ontario‚ London‚ Canada Abstract Purpose – The purpose of this paper is to examine if the structure and design of CEO compensation has any effect on firm innovation. It further investigates the effectiveness of each component of portfolio of compensation incentives in encouraging innovation. Design/methodology/approach
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PRICE LIST BASIC SALES PRICE ON 2 BHK & 3 BHK (MUVS) BASIC SALES PRICE ON 3BHK+ & 4BHK+ Inaugural Discount @ EDC + IDC PARKING (Covered) CLUB MEMBERSHIP IFMS PLC Ground Floor First Floor‚ Second Floor‚ Third Floor Fourth floor‚fifth Floor Sixth Floor‚ Seventh Floor eighth floor‚ ninth Floor Second last & TOP floor Central Green Express way facing Master Plan Green Belt facing For Early Registration Scheme in Project In NCR. Rs 4500/Rs4500/Rs50/-sqft Rs. 350/- Per Sqft. Rs. 250000/- each ( 1 Mandatory)
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1. Starting off‚ if we were Palmer we would be disappointed that our top assistant is being taken away from our project. However‚ after taking an objective view of the situation‚ we would be able to realize it was the best move for the company. The situation was not working out because we were losing valuable work time from an employee. Because management decided on Olds working on the Crosby’s project‚ we would like management to find us a suitable replacement. Olds was a good employee‚ but he
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JENKENS & GILCHRIST: THE RISE AND FALL OF A MODERN LAW FIRM By Cheryl L. Mullin It is not the strongest of the species that survive‚ nor the most intelligent‚ but the one most responsive to change ~ Charles Darwin. I. INTRODUCTION Jenkens & Gilchrist was a Dallas-based law firm that grew rapidly in the 1990s‚ primarily through mergers‚ acquisitions‚ and lateral hires. But when it was formed in 1951‚ the partners had no national aspirations. Its only purpose‚ in fact‚ was to serve the
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In a world which innovators are kings‚ interest in internal corporate ventures has grown tremendously. In my literature review‚ I would like to share my insights from reading the book titled “Corporate venturing: creating new businesses within the firm” by Zenas Block and Ian C. MacMillan. In this book‚ the authors shared their views on the importance of corporate venturing especially in this competitive global economy. Also‚ other aspects of venturing like the management‚ organisation and control
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Executive Summary Four Star Industries‚ one of the top local mattress manufacturers in Singapore‚ has been facing operational problems and ineffective inventory management which results in declining of its sales and order fulfillment year by year. Over three decades of its establishment‚ more and more varieties are added to its product range in order to satisfy its customers’ request and to remain competitive in the market. As a result‚ high inventory build-ups and high inventory holding costs occur
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Booking out a credited Invoice (Memoriaal) >Most creditnote for cancelled invoices‚ goods returned or goods not shipped are issued by Alex. Once the creditnote has been issued against a particular invoice‚ the first thing is to search for the invoice to which the creditnote was issued for and make sure the details are all correct on DebiteurBeheer.fsl Form (i.e all details match in terms of amount‚ Firmnaam‚ Datum etc) >Press CTRL+Z (Command Z) on the keyboard while you cursor is on
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Miles and Snow have produced a typology of business-level strategies. As opposed to corporate-level strategy‚ i.e.‚decisions related to what businesses should the firm be in‚ business-level strategy is related to how the organization competes in a given business (Hambrick‚ 1983). Miles and Snow proposed that firms in general develop relatively stable patterns of strategic behaviour in order to accomplish a good alignment with the perceived environmental conditions. Their typology involves four strategic
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