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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TESL Reporter 38‚ 1 (2005)‚ pp. 17-26 17 Teaching Pragmatics in the EFL Classroom? SURE You Can! Mark N. Brock Carson-Newman College‚ Tennessee‚ USA Yoshie Nagasaka Kobe‚ Japan There are a number of language competencies which English language learners must develop‚ in tandem‚ in order to communicate successfully in English. Any successful communicative event‚ at least one that extends beyond expressions of simple‚ immediate need‚ will require that L2 speakers have developed some mastery
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sportswear market. Mergers and Acquisitions is an extreme matter of concern in the corporate world since last few decades. M&A can also be considered as a main vehicle which drives towards direct investments‚ either domestic or foreign. With motives of achieving greater efficiency and effective strategies‚ most of the companies had gone through at least one M&A activity at least once in a lifetime. This report contains theories regarding Mergers and Acquisition and is focused on the Cross-border
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of IPOs increases while in a bear market‚ the number falls due to poor response of the investors using IPO. But M&A activities are governed by competition with the strategies of own-them-if-can’t-beat-them or dual-benefit. The terms merger and acquisition are completely different although they have common motive of “creating value for stakeholders”. In 2009‚ public issues remained stagnant for most part of the year sowing the decline of 55% (in numbers) over 2008. Total proceed in the IPOs were
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A3 Compare two theories of first/second language acquisition. The process by which humans acquire the capacity to distinguish properly as well as produce and use words to understand and communicate with others is known as first language acquisition. It focuses mainly on how infants pick up their native language‚ including syntax and some extensive vocabulary items‚ having so little input. We can distinguish many theoretical approaches towards the first language learning process. Behaviourists‚
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Notes on Bilingualism and Second Language Acquisition (SLA) Terminology: it is customary in studies of multilingualism to refer to a person’s first language or native language as “L1” and a person’s second language as “L2” Common Myths about Bilingualism/SLA * Speaking two languages to a young child will confuse them. * Speaking two languages to a young child will slow down their development. * Supporting L1 takes away from acquiring L2. * Younger children are better at getting
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As a general rule‚ mergers and acquisitions (M&A) are value destructive for shareholders. Demergers or spin-offs are value accretive. In simple English‚ that means‚ avoid the shares of an acquiring company. But there may be money making opportunities in the companies being demerged or spun off. There is a difference between a merger and an acquisition. Mergers are rare‚ as they happen between two companies that are equal in size and reach. Both companies lose their individual identities‚ and a
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Merger and Acquisition accounting in the UK and their effects to stock prices by Yan Shao 2006 A Dissertation presented in part consideration for the degree of MA in Finance and Investment Abstract There has been considerable controversy surrounding the accounting practices for mergers and acquisitions. The focus of this controversy has been on the differences in financial statements that arise under the two accounting methods: merger (pooling-ofinterests) (Add together the book
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The Effectiveness and Efficiency of Mergers and Acquisitions by the Example of JP Morgan Corporation Julia Kravchuk 3rd year student of International Relations Department KROK University Submitted in partial fulfillment of the requirements of the Business English course Lecturer: Tetyana Karpova June 2011 Abstract Mergers and acquisitions are considered to be quite effective methods for a company’s growth‚ its development and‚ what is more‚ decrease in the number of competitors by taking
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the success that are totally beyond the control of the learner. These factors can be categorized as: 1. Age: second language acquisition is influenced by the age of the learner. Many studies have found that adolescents learn more rapidly than children and adults. This explains that the age of the learner does not affect the route (way) to second language acquisition; instead it affects the rate (degree of speed) of learning. Another impact of the age is the development of cognitive abilities
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