1,721,040 research outputs found
Cross-border M&As: The impact of cultural friction and CEO change on the performance of acquired companies
No full textThis study analyzes the impact of cross-border mergers and acquisitions (M&As) on the performance of target firms. Based on institutional theory, we hypothesize that performance deteriorates because of a lack of legitimacy, particularly when there is friction between the two national cultures and a higher risk of clashes between organizational cultures. We test our assumptions using an original dataset to compare the performance of Italian firms involved in inward cross-border M&As with that of continuing local firms that have a similar ex-ante likelihood of being merged or acquired. We apply coarsened exact matching (CEM) to establish the control group and a difference-in-differences (DID) approach to account for the possibility that target companies produce superior results simply because foreign investors “cherry-pick” the best-performing firms. Contrary to predictions, we find that foreign ownership does not deteriorate growth but enhances the profitability of target firms compared to purely domestic companies. In addition, we illustrate that the latter result remains applicable when cultural frictions between national cultures are high and when the CEO of the target company is replaced or joined by a new CEO after the deal
L'emozione nella teoria di S.M. Ejzenstejn: luogo di convergenza di natura, creatività e agire politico
No full textEmozioni televisive prima e dopo il digitale
No full textEnrico Menduni ha scritto i paragrafi "Una paleo-tv dalle controllate emozioni","Videoregistratore e flusso televisivo" e "L’avvento del digitale"; Elisa Giomi ha scritto "Emozioni digitali/effetti speciali e mmorpg" ed "Emozioni digitali/l’infinita abbondanza televisiva". I due
autori hanno discusso insieme e condiviso l’impostazione del saggio
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
I fossili umani neandertaliani dalla grotta del Cavallo (Lecce, Italia) nel quadro dei reperti italiani coevi.
No full text- …
