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They vanished not in flames or flood but in silence. Spirited away beneath velvet shawls, swallowed by cargo holds, entombed behind sterile museum glass—they were no mere artefacts. They were the breath of a multitude, the incandescent soul of a civilisation: memories forged in imperishable bronze, divinity etched in eternal stone. They were waiting—aching—for the whisper of a forgotten prayer, the fiery touch of remembrance. When Dr. K. Jayanth Murali, an IPS officer nearing retirement, took charge of Tamil Nadu's obscure Idol Wing, he never expected a calling. But what began as duty became destiny: a ghost war, fought not for land, but for the essence of a people; waged not with ball...
This collection of essays examines the unprecedented reach, magnitude and complexity of global challenges—political, economic, technological, social and environmental. It advocates fundamental changes in theory, research, public policy, and institutions, and advances new thinking on global leadership, human security, human-centered economics, and human rights. The book also proposes measures to break down the barriers between academic disciplines and between research and policy-making, and reconciles the objective facts of science with the subjective truths of the arts and human values. It replaces mechanistic analytic thinking with integrated knowledge, bridging the divide between abstract theory and the living complexity of social reality.
The takeover process - The legal and regulatory framework - Accounting for M & As - Tax planning options - Strategic processes - Theories of mergers and tender offers - A chemical industry case study - Measurement of abnormal returns - The timing of merger activity - Empirical tests of M & A performance - Alternative approaches to valuation - Foundations of DCF spreadsheet valuation - Derivation of revenue growth valuation formulas - Derivation of investment opportunity valuation formulas - Increasing the value of the organization - Restructuring and divestitures - Restructuring organization and ownership relationships - Financial restructuring - Joint ventures and alliances - ESOPs and MLPs - Going private and leveraged buyouts - International takeovers and restructuring Share repurchade - Takeover defenses - Corporate governance and performance - Implementation and management guides for M & As.
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This book presents recent literature on corporate mergers, acquisitions, takeovers, restructuring, and corporate governance as well as discussions of valuation, cost of capital, and strategic financial planning. This book discusses how M&As fit into a company's long-term strategy and how restructuring can unlock values in a company. It presents strategies designed to increase a firm's value: i.e., joint ventures, ESOPs, LBOs, share repurchases, and international strategies. The book also provides guides on selecting M&As to strengthen a company or increase its value. The second edition of Takeovers, Restructuring and Corporate Governance has been revised to include the latest empirical data and literature. It also now includes 38 important recent case studies: i.e., QVC-Paramount; Boeing-McDonnell Douglas; Ciba-Geigy-Sandoz, Disney-Cap Cities-ABC, and Time Warner-Turner.
Begins with dramatic proof of the shortcomings of accounting numbers as earnings per share, return on investment, and return on equity, and explains to develop value-creating business strategies and how to ...