Current Issue : January - March Volume : 2014 Issue Number : 1 Articles : 6 Articles
In today�s global, competitive environment, mergers and acquisitions are sometimes the only means for long-term\r\nsurvival and growth of firms. The underlying principle behind M&A is simply 2+2=5, when we merge two companies;\r\nthe synergy produces the additional value of 5. It is imperative that everyone involved in the process has a detail\r\nunderstanding of how the process works. An appropriate valuation method must be adopted to ascertain the worth of\r\nthe companies in order to know whether the deal will be beneficial for the business concern. Merger and Acquisition\r\nespecially in the banking sector is now a global phenomenon, the last few years has witnessed the creation of the\r\nworld�s banking groups through M & A. All over the world and given the internationalization of finance, size has become\r\nan important ingredient for success in the globalizing world. The option of consolidation is predicated on the relationship\r\nbetween the two banks that are merging, the benefits accruing there-from involves creation of synergies and economies\r\nof scale, expanding operations and cutting costs. However, to ensure that the synergy envisage is fully harnessed, and\r\nto mitigate post-consolidation conflicts, adequate steps should be taken to train and retrain the staff of all the banks that\r\nhave scaled the capitalization huddle while the regulatory environment has to be tightened to close all the loopholes\r\nthat could come up as a result of the increased size of the firms in the industry....
In Egypt the modern as well as the traditional coffee shops are very common and popular.\r\nThe traditional ââ?¬Å?ahwaââ?¬Â existed for centuries and still does. People go there to socialize,\r\nsmoke Hookah, and play table games. Now modern coffee shops are becoming quite popular\r\nand very competitive. To ensure survival in such competition, the introduction of business\r\nintelligence systems and the use of database and data mining techniques are preordained.\r\nThe objective of this research paper is to present methods, that support the decision making\r\nprocess by using data mining techniques with MS Excel tools (and its add-ons). Based on the\r\nRateb study (2013), the ADI modeling approach is used focusing only on the modern coffee\r\nshops in this highly competitive industry....
Abstract\r\nThis article assesses bank management�s perspective on the use and effectiveness of the risk measurement system\r\nunder Basel II that set capital requirements for banks. These requirements encouraged the use of risk measurement.\r\nSemi-structured interviews with various bank managers at Viking Bank (a fictitious name) provide the empirical data\r\nfor this research. These interviews were conducted after the global financial crisis that led, among other events, to\r\nthe bankruptcy of Lehman Brothers. Viking Bank was an important European bank that embraced Basel II and risk\r\nmeasurement. In its efforts to implement risk measurement, the bank�s management accounting department was\r\nreduced and subordinated to the risk measurement department. Risk measurement information became the bank�s\r\nprimary source of information for some loans.\r\nThe financial crisis has made us more reluctant to use risk measurement. This was not the case before the crisis hit\r\nus. (Senior bank manager, Internal Auditing, Viking Bank)...
Besides the increasing role of entrepreneurship in shaping economies and empowering people,\r\nthe question of fostering entrepreneurship among highly qualified individuals still remains\r\nopen topic. It has particular relevance both for improving university curricula and for designing\r\neducational and economic public policies. As it was previously demonstrated in literature,\r\nendogenous factors play an important role in shaping (entrepreneurial) individual attitudes.\r\nSeveral empirical researches proved that entrepreneurial education contribute to increasing\r\nstudents� interest for entrepreneurship and to enhancing competencies required or at least\r\nuseful in a potential entrepreneurial career. Addressing this topic, the present article relies on a\r\nsurvey-based research developed and conducted among doctoral students in different science\r\nfields from three public universities in Romania. We have investigated issues such as\r\nentrepreneurship as a career option, interest, intentions and realism of the option of entering\r\nentrepreneurship, personal determinants related to entrepreneurial approaches. The paper\r\npresents in its first part a review of the relevant literature. The second part presents the\r\nmethodology and the results, and the last part concludes and draws main implications for\r\nuniversities as to improve the curriculum and its efficacy in the case of doctoral study\r\nprograms....
The institutionalized focus of university technology transfer is on revenue generation. Following a brief exploration\r\nof the evolution of the field, the current paper unpacks the assumptions underpinning the institutionalized understanding\r\nof technology transfer as a revenue-generating mechanism. Next, an alternative technology transfer model that is based\r\non social entrepreneurship principles is proposed. The alternative model is predicated on the recognition of technology\r\ntransfer as a mechanism for bettering society through value creation rather than value capture....
Development has become an important determinant for companies, but also necessity. In order\r\nto be organization successful, there is necessary to pay attention to innovation activities. The\r\npaper is based on primary and secondary research. From the survey which was carried out in\r\nthe Department of Management and Business of School of Business Administration in Karvin�¡\r\nin the Czech Republic, in the year 2011, the paper points out the contribution of innovation and\r\ninnovative business, which have a significant impact on the competitiveness of the company, or\r\nregion. In order to evaluate the survey there was used program SPSS. Innovative activities\r\nshould generally be regarded as the key area of economic development. Therefore the paper\r\nalso deals with business innovation and innovation performance in the Czech Republic and\r\nwith innovation metrics for innovation measurement which are available in European Union\r\nand available in the Czech Republic....
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