1995-2005 Tsinghua Tongfang Optical Disc Co., Ltd. All rights reserved. 1995-2005 Tsinghua Tongfang Optical Disc Co., Ltd. All rights reserved. 1995-2005 Tsinghua Tongfang Optical Disc Co., Ltd. All rights reserved. 1995-2005 Tsinghua Tongfang Optical Disc Co., Ltd. All rights reserved. 1995-2005 Tsinghua Tongfang Optical Disc Co., Ltd. All rights reserved.
H a rris, R. J. and D. R aven scraft ( 1991) :
o f A cqu isit io n s in Fo reign D irect Investm en t: Ev idence
from the U. S. S to ck M a rket , J ou rna l of F inance, V o l.
H esey, K. B. and R. E. Caves (1985) : D iversifica t io n
S t ra tegy and Cho ice o f Co un t ry: D iversify ing A cqu isi2
t io n s ab ro ad by U. S. M u lt ina t io na ls, 1978- 1980 , J ou r2
I n terna tiona l B usiness S tud ies, V o l.
C ro ss2bo rder M ergers and A cqu isition s: T heir Ro le in
Indu st ria l G lo ba liza t io n, S T I W ork ing P ap er,
in Indu st ria l R esea rch in the Pha rm aceu t ica l and E lec2
t ro n ic Indu st ries- R esu lt s from a Su rvey o f M u lt ina t io na l
F irm s , R esea rch P olicy , 28: pp. 179- 193.
N eubau ser, L. and N. Cow ley (1992) : W hy J ap anese
F irm s H ave Pu lled B ack o n O versea s B uy ing , M erg ersand A cqu isitions, pp. 13- 17.
O ECD (2000) : T he C rea tiv e S ociety of the 21st cen tu2
O ECD F orum f or the F u tu re, Pa r is: O ECD.
F acto rs A ffect ing C ro ss2bo rder M ergers and
A cqu isit io n s: T he Canada2U. S. Exp erience , G loba l F i2
nance J ou rna l, V o l. 7, pp. 223- 238.
W esto n, J. F. and S. K. M an singhka (1971) :
o f the Efficiency Perfo rm ance o f Co ng lom era te F irm s ,
J ou rna l of F inance, V o l. 26, pp. 919- 936.
W esto n, J. F. , K. S. Chung and S. E. Ho ag ( 1990) :
M erg ers, R estructu ring , and C orp ora te C on trol, P ren t ice2
Ivo ( 1999) : W here to the M u lt ina t io na l?
T he Evo lu t io n o f T echno lo g ica l Cap ab ilit ies in the M u lt i2
na t io na l N etw o rk , I n terna tiona l B usiness R ev iew , V o l. 8,
st itu t ing a Sp ecu la t ive Eco nom y fo r a P ro duct ive o ne?
J ou rna l of E conom ic I ssues, V o l. 20, pp. 365- 374. 1995-2005 Tsinghua Tongfang Optical Disc Co., Ltd. All rights reserved.The Ana lys is of Techn ology- seek in g In cen t ive in Tran sna t iona l M &A
In recen t yea rs, t ran sna t io na l m e rge rs and acqu isit io n s (M &A ) deve lop ed rap id ly.
p ha rm aceu t ica l indu st ry and the e lect ro n ics indu st ry a s an exam p le, the p ap e r a rgue s tha t it is an im 2po rtan t incen t ive fo r the m u lt ina t io na l co rpo ra t io n s to m e rge r and acqu ire in te rna t io na lly to seek tech2
no lo gy inno va t io n and rea lize the sta t ic and dynam ic effect s o f techno lo gy coo rd ina t io n. TN C s can im 2
p ro ve the ir com p e t it ivene ss th ro ugh the in te rna t io na l sp ecia liza t io n o f the va lue cha in unde r the back2
Pr ice l im its Perf orman ce in Stock M arket of Ch ina: Ev iden ce an d Suggest ion s
F irst, th is p ap e r summ a rize s va rio u s op in io n s o f bo th advo ca te s and crit ics o f p rice lim it s in secu2
rity m a rke t s. B a sed o n the cu rren t and p rev io u s re sea rch o n the effect ivene ss o f p rice lim it s po licie s,
then, th is p ap e r exam ine s the p rice lim it sam p le s o f Shangha i S to ck Exchange to te st the vo la t ility
sp illo ve r hypo the sis, de layed p rice d isco ve ry hypo the sis and t rad ing in te rfe rence hypo the sis. O u r re2su lt s a re unfavo rab le fo r op in io n s o n d iffe ren t sign if icance s, w h ich sugge st s tha t p rice lim it s m ay be
ineffect ive. A t la st the p ap e r p ropo se s en la rg ing p rice lim it s and tem po ra ry su sp en sio n s o n the spo t,
acco rd ing to the ev iden t re su lt s and the cha racte rist ics o f sto ck m a rke t o f Ch ina. Ef f ic ien cy D if f eren ce of Ch in ese an d German Sta te-own ed Ban ks
T he p ap e r stud ie s the d iffe rence in the eff iciencie s o f sta te2ow ned bank s in Ch ina and Germ any,
com p a ring them w ith the comm e rcia l bank s and coop e ra t ive bank s. To f ind the affect ing facto rs, the
p ap e r ana ly se s the p rincip a l2agency m echan ism , the com p et it ion in bank ing m a rket, the t ran sfer of
bank ow ne rsh ip , the com p e t it io n in the m a rke t o f bank m anage rs, and the st ructu re o f f inancia l m a r2ke t. 1995-2005 Tsinghua Tongfang Optical Disc Co., Ltd. All rights reserved.
Department of Medical Sciences, University of Wisconsin-Madison School of VeterinaryMedicine, 2015 Linden Drive, Madison, WI 53706, USABesides stillbirths, disease is the most significant reason for mortality ofdairy calves and heifers. Although reported mortality rates vary greatly byage, passive transfer status, type of operation, housing, season, manage-ment, country, region, and origin
Final Report – 2008-09 Research & Creative Works Grants Principal Investigator: Nicholas E. Burgis, Chemistry/Biochemistry Dept. Project Title: Developing a Less Toxic Chemotherapeutic Cocktail to Treat Multiple Myeloma. This report serves to document the scholarly research activities performed by the principal investigator and collaborators during the term of the Faculty Research Grant