An Analysis of Shareholders Value Creation and Premium Paid to Integrate with Megabanks
This study focused on factors that have positively influenced the model of economic success for commercial and thrift megabanks involved in merger and acquisition activities for the period 1990 - 1997, a period characterized by an unprecedented flurry of merger and acquisition activities among megabanks in the United States. This study identified and measured key independent variables for identifiable mergers and acquisitions among megabanks and tested the extent to which, such independent variables influenced abnormal returns for underlying equities traded in capital markets. This study also tested the hypothesis that megabanks are attracting significantly higher acquisition premiums than the relatively smaller banks. The data collected and the conclusions drawn were based on the logic of a hypothetico-deductive paradigm, which essentially utilized the techniques of the standard event study methodology, and included parameters of the conventional Capital Asset Pricing Model. This study was based on a scientifically determined sample of over 200 banks in the small bank category and between 68 and 86 banks grouped under the megabank category. The findings revealed that megebank acquirers realized negative abnormal returns and that megabank acquirees did not realize economic value significantly greater than acquirers for those banks that integrated on a merger-of-equals basis. The findings also showed that megabanks seemed more willing to pay higher premiums for the right to integrate with other megabanks vis-a-vis the right to integrate with small banks.
Banking without boundaries: How the banking industry is transforming itself for the digital age. In D. Tapscott, A. Lowy, & D. Ticoll (Eds.), Blueprint to the digital economy: Creating wealth in the era of e- business (pp. 1 13 - 138).
Digital practices are forging ahead in leaps and bounds. Examining digital practices in early childhood education, this book seeks to inform the discussion on how digital technologies are best integrated into play-based pedagogy, and demonstrates effective practices that enhance children’s learning and development. With a range of international contributors, perspectives, and case studies, the fusion of play and portable technology is explored through contemporary research.
UNDERSTANDING. DIGITAL. COMPETENCE. IN. EUROPE. The European Commission (EC) has promoted several initiatives in order to encourage the development of digital literacy in EU Member States. In the Recommendation on Key Competences for ...
Bagaimanakah hubungan antara Islam dan negara? Adakah konsep negara Islam? Apakah Pancasila sesuai dengan Islam? Pertanyaan-pertanyaan tersebut kerap menjadi perdebatan di dunia intelektual Islam, seiring dengan munculnya gerakan Islam trans-nasional yang mengusung gagasan negara khilafah. Perdebatan tersebut dapat dimengerti lantaran Islam memang tidak memiliki konsep baku (fixed) dan detail menyangkut bentuk negara dan konsep pemerintahan. Islam banyak berbicara soal negara dan pemerintahan secara makro dan universal, sebagaimana tercermin dalam prinsip-prinsip umum tentang asy-syura (permusyawaratan), al-'adalah (keadilan), al-musawah (persamaan), dan al-hurriyyah (kebebasan). Oleh karena itu, teknis penyelenggaraan negara diserahkan kepada umat dengan tetap mengacu pada dalil-dalil universal ajaran agama dan prinsip maqashid asy-syari'ah. Dengan demikian, landasan teologis dalam penyelenggaraan negara berupa seruan moral untuk mengapresiasi kemaslahatan dan kepentingan masyarakat. Buku ini membahas hubungan Islam dan negara. Melalui perspektif fiqh yang mendalam dengan tetap mempertimbangkan realitas Indonesia sebagai negara Pancasila, buku ini berusaha menjembatani hubungan antara Islam dan negara. Selamat membaca!
Buku ini bisa menjadi solusi bagi Anda yang ingin cepat bisa menggunakan dan melakukan pengoptimalan Microsoft Office 2016. Anda tak perlu repot-repot lagi mengumpulkan buku Word 2016, Excel 2016, dan PowerPoint 2016 karena buku ini telah mengupasnya secara lengkap dan aplikatif. Buku ini akan mengulas secara tuntas mulai dari pengenalan, hingga pengoptimalan kinerja dari masing-masing program yang ada di Office 2016. Materi yang akan dibahas pada buku mencangkup hal-hal berikut: - Word 2016 yang bisa diandalkan untuk membuat berbagai dokumen teks sederhana hingga dokumen yang dilengkapi beragam kelengkapan data dan dokumen untuk kepentingan formal. - Excel 2016 untuk membuat tabel, grafik, dan mengolah data yang berkaitan dengan proses penghitungan dan penyortiran secara tepat. - PowerPoint 2016 untuk membuat dan menyajikan presentasi. Tak hanya itu, masing-masing program aplikasi juga dilengkapi studi kasus lengkap dengan petunjuk langkah-langkah dan tips. Jadi, Anda tidak hanya dijejali teori seputar penggunaan Office 2016 namun juga langsung pada penerapannya untuk beragam kebutuhan.
Multilingual information is in high demand in today’s globalised economy. Industry and market globalisation, intensified collaboration between European countries, technological developments, the advent and consolidation of the Internet, the rise of electronic business, and the increased use of electronic documents are some of the factors that have fuelled this need. Multilingual Information Management draws on previous empirical research to explore how information and technologies are used within the community of translators as information facilitators among different languages and cultures, to help them become more productive and competitive in today’s market. The book consists of three parts, including a literature review on information and technology needs among translators; a research framework to investigate the perceptions and use of information and technology within their working environment; and a strategic proposal for an Information Systems approach to multilingual information professionals and information literacy training. Presents an interdisciplinary approach to multilingual information and technology management among information professionals Analyses the community of practice of translators as multilingual information facilitators and ICT users Contributes to further develop Information Literacy to a strategic level among information professionals Provides a methodological contribution through an evidence-based approach to practice Bridges the gap between the information-related disciplines of Information Science, Business Management, and Translation Studies
The book consists of three parts, including a literature review on information and technology needs among translators; a research framework to investigate the perceptions and use of information and technology within their working ...
Nikah adalah perbuatan yang telah dicontohkan Nabi dan bahkan nikah merupakan salah satu ajaran yang telah dibawanya sejak awal islam sampai pada praktik penyebaran Agama islam melalui ajaran perkawinan yang dibawa wali songo. Dalam konsep islam segala bentuk perbuatan manausia yang telah dicontohkan oleh Nabi Muhammad SAW dan penerusnya, begitupun masalah pernikahan masuk dalam kategori disiplin Ilmu Fiqh.
Menurut kedua penulis ini banyak pedagang dari Pasai mengunjungi Melaka dan memperkenalkan pula sistim penempaan mata uang emas itu di Melaka.4 Peradaban Islam Samudra Pasai Diteruskan oleh Aceh Darussalam Pasai akhirnya diserap oleh ...
... untuk hidup , pandangan hidup " levensbeschouwing ” ) dan ajaran dalam
pembentukan karakter dan peradaban batin . ... Jawa berada dalam kebudayaan
Indonesia Kelasik yang dipengaruhi oleh Agama Hindu dan kemudian Islam .
