Integration and autonomy in Chinese technology-sourcing cross-border M&As: from the perspective of resource similarity and resource complementarity

In this paper, we examine the match between resource relatedness and post-merger integration on technology innovation of acquiring firms to find the rationale behind technology-sourcing cross-border mergers and acquisitions (M&As) of Chinese multinational enterprises. Using a sample of 88 Chinese technology-sourcing cross-border M&As, we find that the acquirer will improve technology innovation when greater resource similarity between the acquirer and target firms is matched with a high integration degree and a low target autonomy level. Meanwhile, the acquirer can improve technology innovation when greater resource complementarity is matched with a low level of integration degree in technology-sourcing cross-border M&As. This paper provides the acquiring firms with fresh ideas of how to make the integration decisions of technology-sourcing overseas M&As. We hope to help multinational enterprises to achieve more outstanding technology innovation performance through technology-sourcing overseas M&As in an intense global competitive environment.     

大学校园快递市场调查报告——以武汉纺织大学外经贸学院为例

武汉纺织大学我院大学生创新实践团队就“大学校园快递市场”进行调研,先后访谈了校内申通快递、韵达快递、圆通快递、中通快递和汇通快递等代理点的工作人员,依据访谈过程中折射出来的问题,结合互联网以及相关资料,设计出一份调查问卷,根据对调查对象进行问卷调查,并进行相应统计、归纳及分析,得出以下结论,以便更好服务于广大师生.     

Does the Quality of Corporate Governance Affect Firm Valuation and Risk? Evidence from a Corporate Governance Scorecard in Hong Kong*

Using Hong Kong firm data, we construct an index of corporate governance during 2002–2005, which scores the corporate governance practices of listed companies from the public shareholders' perspective based on the Organization for Economic Corporation and Development Principles of Corporate Governance. The findings show that family firms and firms with concentrated ownership structures are associated with bad corporate governance. The evidence also shows that these firms improve their corporate governance practices slower than their peers. Overall, the quality of corporate governance is very significant in explaining future company stock returns and risk. Good corporate governance is associated with both higher stock returns and with lower risk. Improvements in corporate governance are associated with significantly higher stock returns and lower company risk.     

爱尔兰酒店管理高等教育课堂教学理念及启示

爱尔兰酒店管理教育比我国起步早,发展快。从沃特福德理工学院课堂教学情况及相关政策、文献来分析,爱尔兰酒店管理教育形成了5个独特的课堂教学理念。这些特色给中国的旅游高等教育以4个方面的重要启示。     

人体红外控制LED楼道灯的电路设计

文章介绍了一种人体红外控制LED楼道灯的电路设计，整个系统利用红外线热释电效应，将人体移动所发出的极微量红外线转换成相应的电信号，对LED楼道灯进行自动开关控制。     

试论在《思想道德修养与法律基础》课教学中加强大学生公民意识教育

简要分析了当代大学生的公民意识淡薄的现状,及导致当代大学生公民意识淡薄的原因.大学生作为未来社会发展的中坚力量,理应具备良好的公民意识.结合"思想德修养与法律基础"课的教学,探讨了加强大学生公民意识教育的策略.     

数字化宿舍网络的研究和设计

随着IT技术的发展,数字化宿舍区的建设和发展逐步走进大学生的学习和生活。在数字化宿舍区建设中,开放的分布式控制网络系统与Internet的相互结合是控制网络系统发展的趋势。控制网络与信息网络的互连使网络结构更复杂、规模更庞大,对网络的安全性和可靠性提出了更高的要求。     

消费者在线评论可信度的影响因素研究

将传播学领域考察媒体可信度的霍夫兰德传播说服模型引入在线评论可信度研究,从信源、信息内容、接收者三个角度,在对现有研究梳理和总结的基础上,结合消费者在线评论的特点加入社会影响因素,提出了在线评论可信度影响因素模型,并以第三方评论网站为例,通过实证研究的方式,系统考察了消费者在线评论的可信度影响因素.同时讨论了该研究的局限性、对于管理实践的启示及未来研究方向.     

港口物流机械风载荷计算方法研究

风载荷的研究在港口物流机械的设计和计算中占据着重要的地位,主要是因为它对起重机结构强度和稳定性的影响极其重要。而风载荷的确定通常由风力系数、挡风折减系数、有效迎风面积以及相应条件下的风压确定。     

离子-电子法配平氧化还原反应式的简易方法

用离子-电子法配平氧化还原反应方程式时,无论在什么介质下反应,配平时先按酸性介质进行配平,然后再根据实际介质,采取在反应式两边添加一定数量OH-的方法进行转变。该方法化难为易,易于掌握,特别是对于在碱性和中性介质中进行复杂的氧化还原反应方程式的配平尤为简便快捷。