الصفحة 1
الصفحة 1
النظام القانوني لاندماج الشركات التجارية The legal framework for the merger of commercial companies
الأصل أن كل شركة قائمة بذاتها ولها شخصيتها القانونية المستقلة، تقوم بأداء مشروعها الذي وجدت من أجله، وفي حال تعرضت للإفلاس، يتم شهر إفلاسها ثم حلها وتصفيتها عن طريق إجراءات محددة ذكرها القانون، لكن في حال كانت الشركة تريد تجنب الحل والتصفية وهي على حافة الإفلاس، فتلجأ إلى نظام قانوني هام جداً وهو اندماج الشركات التجارية حيث تندمج عن طريق الضم ، لذلك تم تفصيل مفهوم الاندماج حسب قانون الشركات السوري رقم 29 لعام 2011.
The Social Side of Mergers and Acquisitions : Cooperation relationships after mergers and acquisitions
Florian Frensch investigates which individual characteristics of employees and which dyadic factors of relationship partners affect the cooperation between employees of previously separated firms. The author develops an innovative approach for gathering network data with the help of a dynamic computer-based questionnaire which allows him to conduct a full network analysis of a group of approximately 400 employees on the lower operative level of the firms. He shows that structural cooperation requirements and integration measures are powerful means to make employees cooperate after M&A and provides answers to the questions how integration after M&A can be measured, explained and improved.
The Road to Luxury : The New Frontiers in Luxury Brand Management
The Road to Luxury: The New Frontiers in Luxury Brand Management delivers a comprehensive overview of the foundations of, and new developments in, luxury brands. The book discusses a new wave of mergers and acquisitions, the rise of Gucci, the growth of Balenciaga, a variety of new collaborations between different companies, a growing support for sustainability, and the COVID-19 pandemic.
The Organized Crime Community : Essays in Honor of Alan A. Block
In his social investigative writings on "the serious crime community" which describes the loose merger of corporate interests, organized crime and political crime, professor Alan A. Block of Penn State University has proven to be one of the most inspiring criminologists in the field. An international group of pupils and friends dedicate this book to him which contains original contributions on the troubled concept of organized crime, the social history of crime groups in the United States, corruption in the United Nations Oil-for-Food Program in Iraq, the struggle against identity fraud, the world of drugs and the adverse consequences of criminalization, the money-laundering control movement, International Tribunals against war crimes and a Jewish studies chapter on the role of bystanders during the Holocaust.
Technical Universities : Past, present and future
This book analyses the past, present and future of the technical university as a single faculty independent institution. The point of departure is a view of changing academic realities, through which the identity as a technical university is challenged and reconstituted.
Strategic IT Management : Increase value, control performance, reduce costs
Growth, mergers, restructuring, innovation - all these important topics of today’s companies cannot be implemented without a systematic approach to IT management. This book does not point out unrealistic „one size fits all“ solutions but offers basic systems to solve a broad range of IT problems and challenges. It also presents case examples for successfully implemented solutions – mostly in big companies as they ask for specific IT management."IT is not a cost factor, but a tool, to cut process costs in a company. This message cannot be elaborated enough in times of very short IT budgets. The book points out, how a company with tight resources can generate value – using standard as well as individual software
Selected Essays in Empirical Asset Pricing : Information Incorporation at the Single-Firm, Industry and Cross-Industry Level
Financial researchers extensively discuss the efficiency of capital markets and the existence of possible misreactions in the information incorporation process. Christian Funke aims at developing a better understanding of a central asset pricing issue: the stock price discovery process in capital markets. He provides new evidence on the information incorporation process at the single-firm, industry, and cross-industry level. In three essays that display original empirical research using U.S. capital market data, he investigates the importance of mergers and acquisitions (M&A) for stock prices and examines economic links between customers and supplier firms. Return predictability at the single-firm, industry, and cross-industry level are documented which support the view of behavioral finance researchers that capital markets are not perfectly efficient.
Reasons for Frequent Failure in Mergers and Acquisitions : A Comprehensive Analysis
Despite the goal of performance improvement, results from mergers and acquisitions (M&A) are often disappointing. Numerous empirical studies show high failure rates of M&A deals. Studies are mostly focused on individual determinants. The literature therefore lacks a more comprehensive framework that includes different perspectives.
Quantitative Corporate Finance
Guerard and Schwartz cover a wide variety of tools and techniques used to evaluate and manage financial performance, with particular emphasis on the application of regression analysis, time series modeling, the Capital Asset Pricing Model (CAPM), and multi-factor risk models. Moreover, they address such timely topics as optimal capital structure (in the United States and internationally), dividend policy, sales forecasting and pro forma statement analysis, the regulatory environment, mergers and acquisitions, bankruptcy, management-shareholder relations, and the corporation as a social and economic institution. Featuring detailed worked examples and practical problems throughout, the book is designed to serve as a graduate-level text and a practical reference for practitioners, analysts, and regulators.
Obtaining the best from Regulation and Competition
Deregulation has introduced competition into traditionally monopolistic markets, particularly telecommunications and electric utilities. This book brings together ten essays that were presented at the Center for Research in Regulated Industries at Rutgers University and funded by several regulated companies. The authors, who include young scholars as well as established and highly regarded consultants and researchers, address some of the major issues now facing network industries and regulators - deregulation, competition, stranded assets, diversification, pricing, and mergers and acquisitions.
Handbook of Bioentrepreneurship
Providing an important and timely overview of research in the field of entrepreneurship in biotechnology, The Handbook of Bioentrepreneurship examines one of the most promising industries of the 21st century. While genetically engineered foods and biopharmaceuticals have made biotechnology part of our everyday lives, launching a bioventure is among the most complex and risky entrepreneurial undertakings, given long development cycles, high levels of technological and market uncertainty, and extraordinary capital requirements. Featuring unparalleled, in-depth analysis from experts around the world, the Handbook sheds light on emerging business models and strategies, geographical and regional networks, cooperation between firms and universities, legal frameworks, and policy issues that influence the context in which biotech ventures are established and the conditions under which they may flourish. biotechnology.
Hadron Collider Physics 2005 ; Proceedings of the 1st Hadron Collider Physics Symposium, Les Diablerets, Switzerland, July 4-9, 2005
The Hadron Collider Physics Symposia (HCP) are a new series of conferences that follow the merger of the Hadron Collider Conferences with the LHC Symposia series, with the goal of maximizing the shared experience of the Tevatron and LHC communities. This book gathers the proceedings of the first symposium, HCP2005 and reviews the state-of-the-art in the key physics directions of experimental hadron collider research: - QCD physics - precision electroweak physics - c-, b-, and t-quark physics - physics beyond the Standard Model - heavy ion physics
Growing Black Holes: Accretion in a Cosmological Context ; Proceedings of the MPA/ESO/MPE/USM Joint Astronomy Conference Held at Garching, Germany, 21-25 June 2004
Supermassive black holes are now believed to play an important role in the evolution of the Universe. Every respectable galaxy hosts in its center a black hole that appears to regulate the growth of the galaxy itself. In this book, leading experts in the field review the most recent theoretical and observational results on the following topics: * formation and growth of the first black holes in the Universe and their role in the formation and evolution of galaxies * the physics of black-hole accretion and the production of relativistic jets * binary black-hole mergers and gravitational radiation. Theoretical work is supplemented by the most recent exciting results from space and ground based observatories. This volume is useful research and reference tool for the entire astrophysical community.
German Mergers & Acquisitions in the USA : Transaction management and success
Mergers and acquisitions in the United States of America are a major strategic means for German companies in their pursuit of becoming global players. The significant volume of such cross-border transactions reflects the firms’ expectations of creating value in the world’s most important consumer market.Bernd Wübben analyzes the success of 87 German mergers and acquisitions in the USA during the period from 1990 to 2004. He begins his assessment with a description of various aspects of the current institutional framework applicable to structuring a cross-border acquisition in the USA. Employing a study of the capital markets’ reaction and a survey of acquirers’ executives.
German Buyouts Adopting a Buy and Build Strategy : Key Characteristics, Value Creation and Success Factors
The number of follow-on acquisitions after the buyout of a company by a financial sponsor, so-called "buy and build strategies", has been increasing in Germany during the last years. Given that M&A transactions by strategic investors were not successful in at least half of the cases analyzed in former research studies, the question remains if and how financial sponsors manage to yield the ambitious target return of a minimum of 20% p.a. on the capital invested.
Financial management and corporate governance
This book provides an integrative perspective on financial management and corporate governance deployed in management decisions. It analyzes wide-ranging issues such as valuation, capital investment, capital structure, mergers and acquisitions, shareholder and stakeholder value management, and corporate governance structure. Throughout the analyses, the book provides a coherent view of firms, laws and markets, and offers practical financial modeling techniques to assist in financial decisions.
Financial Analysis of Mergers and Acquisitions : Understanding Financial Statements and accounting Rules with Case Studies
Helps its readers better analyze M&A transactions using information provided in financial statements. Covering accounting and reporting of consolidations, goodwill, non-controlling interests, step acquisitions, spin-offs, equity carve-outs, joint ventures, leveraged buyouts, disposal of subsidiaries, special purpose entities, and taxes, it focuses on the link between underlying economic events and the information in financial statements and how this link affects the assessment of corporate performance. The first part of the book provides description of the accounting rules governing M&A transactions, while the second part includes cases of M&A transactions. Each case focuses on a different element of an M&A transaction, and it is followed by a detailed solution with a complete analysis. Unlike other books in this field, this textbook focuses exclusively on accounting and financial analysis for graduate and upper undergraduate level courses in financial analysis, corporate finance, and financial accounting.
Economic Analysis of Information System Investment in Banking Industry
Explains in reahty, examines theoretically, and analyzes statistically information system investment in the banking industry with regard to the process of the information technology revolution. This kind of comprehensive research on the banking industry is the first in the world. It could be seen as an application study for Japanese financial deregulation after 1997. However, our project, the Workshop of Information System Investment, is a theoretical research venture, consisting originally, when it began in 1994, of economists and computer scientists. It aimed to measure the effect of com puter hardware and software on the modern economy, based on the microdata of each firm, and to extend the frontiers of economic science. It was, coin- dentally, the time when this project began full-scale operation, in July 1997, that the voluntary closure of Yamaichi Securities was decided. The failure of the Hokkaido Takushoku Bank was disclosed in November of the same year, and the breakdown, temporary nationalization, buying out, and mergers of several banks succeeded one another. Our research therefore suddenly got into the social spotlight on the application stage. Part I is the first history and strategic guidelines of information systems in the banking industry. Part II summarizes the economic analyses of informa tion system investment in the United States, Europe, and Japan. These parts are foundations for the statistical analyses in Part III.
Corporate Restructuring : Finance in Times of Crisis
This book provides a current overview and discussion about the meaning of the financing of the companies. The book uses case studies to show how financial restructuring can be implemented in practice, thus paving the way for successful expansion. The book is written for restructuring professionals.
Computational Fluid Dynamics 2004 ; Proceedings of the Third International Conference on Computational Fluid Dynamics, ICCFD3, Toronto, 12-16 July 2004
The International Conference on Computational Fluid Dynamics (ICCFD) is the merger of the International Conference on Numerical Methods in Fluid Dynamics (ICNMFD) and the International Symposium on Computational Fluid Dynamics (ISCFD). It is held every two years and brings together physicists, mathematicians and engineers to review and share recent advances in mathematical and computational techniques for modeling fluid dynamics. The proceedings of the 2004 conference held in Toronto, Canada, contain a selection of refereed contributions and are meant to serve as a source of reference for all those interested in the state of the art in computational fluid dynamics.
