This thesis analyzes the motivation and performance of 403 acquisitions made by emerging multinational corporations (EMNCs) in Western Europe and North America between 1994 and 2013. The findings indicate that most EMNCs were motivated to acquire in order to obtain access to the upstream and downstream know-how of their target firms. In addition, the thesis' event study results demonstrate that EMNCs on average generated value for their shareholders with their acquisitions over short periods around acquisition announcement. This result is particularly significant since similar studies on buying firms from developed markets have frequently come to the conclusion that acquirers destroy shareholder value.
As the need for geographical data rapidly expands in the 21st century, so too do applications of small-format aerial photography for a wide range of scientific, commercial and governmental purposes. Small-format Aerial Photography (SFAP) presents basic and advanced principles and techniques with an emphasis on digital cameras. Unmanned platforms are described in considerable detail, including kites, helium and hot-air blimps, model airplanes, and paragliders. Several case studies, primarily drawn from the geosciences, are presented to demonstrate how SFAP is actually used in various applications. Many of these integrate SFAP with ground-based investigations as well as conventional large-format aerial photography, satellite imagery, and other kinds of geographic information. - Full-color photographs throughout - Case studies from around the globe - Techniques presented allow for image resolution impossible to match via traditional aerial photography or satellite datasets - Glossary clarifies key terms
This book examines the determinants of financial performance of microfinance institutions (MFIs) in Ghana and Uganda, against the backdrop of the public and academic debate over the financial and social implications of microfinance. In the absence of a conceptual model, the study chooses an inductive research approach with the objective of defining and developing a conceptual model with the capacity to explain, quantify, and compare the performance of MFIs. The research is particularly relevant in the African context where microloan interest rates regularly exceed 100% per annum and where the microfinance industry is lacking behind its global peers in regard to financial and social performance. (Series: Contributions to the Africa Research / Beitrage zur Afrikaforschung - Vol. 59) [Subject: Economics, Finance, African Studies]
This book focuses on the materials used for fuel cells, solar panels, and storage devices, such as rechargeable batteries. Fuel cell devices, such as direct methanol fuel cells, direct ethanol fuel cells, direct urea fuel cells, as well as biological fuel cells and the electrolytes, membranes, and catalysts used there are detailed. Separate chapters are devoted to polymer electrode materials and membranes. With regard to solar cells, the types of solar cells are detailed, such as inorganic-organic hybrid solar cells, solar powered biological fuel cells, heterojunction cells, multi-junction cells, and others. Also, the fabrication methods are described. Further, the electrolytes, membranes, and catalysts used there are detailed. The section that is dealing with rechargeable batteries explains the types of rechargeable devices, such as aluminum-based batteries, zinc batteries, magnesium batteries, and lithium batteries. Materials that are used for cathodes, anodes and electrolytes are detailed. The text focuses on the basic issues and also the literature of the past decade. Beyond education, this book may serve the needs of polymer specialists as well as other specialists, e.g., materials scientists, electrochemical engineers, etc., who have only a passing knowledge of these issues, but need to know more.
Small Format Aerial Photography and UAS Imagery: Principles, Techniques and Geoscience Applications, Second Edition, provides basic and advanced principles and techniques for Small Format Aerial Photography (SFAP), focusing on manned and unmanned aerial systems, including drones, kites, blimps, powered paragliders, and fixed wing and copter SFAP. The authors focus on everything from digital image processing and interpretation of data, to travel and setup for the best result, making this a comprehensive guide for any user. Nine case studies in a variety of environments, including gullies, high altitudes, wetlands and recreational architecture are included to enhance learning. This new edition includes small unmanned aerial systems (UAS) and discusses changes in legal practices across the globe. In addition, the book presents the history of SFAP, providing background and context for new developments. - Provides background and context for new developments in SFAP - Covers the legal implications for small format aerial systems in different countries - Discusses unmanned aerial systems (drones) and their applications - Features new case studies for different applications, including vineyard monitoring and impacts of wind energy
This thesis analyzes the motivation and performance of 403 acquisitions made by emerging multinational corporations (EMNCs) in Western Europe and North America between 1994 and 2013. The findings indicate that most EMNCs were motivated to acquire in order to obtain access to the upstream and downstream know-how of their target firms. In addition, the thesis' event study results demonstrate that EMNCs on average generated value for their shareholders with their acquisitions over short periods around acquisition announcement. This result is particularly significant since similar studies on buying firms from developed markets have frequently come to the conclusion that acquirers destroy shareholder value.
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