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This study conducts a case study and aims to investigate how a Financial Holding Corporation used balance scorecard to build its performance measurement system on the headquarter¡¦s viewpoint. And this study also investigate how the case company used balance scorecard to maximize its synergies when facing such a complicated organization structure and management environment. The study finds that, due to the accordance of the organization, the integration of internal resources, and the focus of the strategy, the cash management products has increased at the growth rate of 30¢H-40¢H in these five years. And the service to integrate Taiwanese businesses in different countries has increased at the growth rate of 70¢H-80¢H in these five years. In terms of unqualified effects, the case company has excellent performances in the perspectives of the procedure, the cost, the benefit, the management, the system and the synergy. The major results regarding why this case company could successfully implement balance scorecard to create enterprise-derived values are summarized as follows:1¡BThe key success factors and key performance indexes are closely combined¡F2¡BThe strategy of this organization is focused¡F3¡BThe quantity of these performance measurement indexes is adequate.

The theme of this diploma theses to consider existence of financial synergic effects for to companies from Czech Republic, which are operating in the field of national economy sector – transport and storage. Financial indicators (based on accounting statements and other information) will be used for reviewing financial synergy effect in consolidated entity.

Drinking water sources are vulnerable to a broad range of contaminant threats. Recent U.S. legislation has focused on protecting public health from pathogens while also managing disinfection byproducts (DBPs) and organic contaminants. Chlorine is known to react with organic matter to form DBPs, thus alternative disinfection schemes are desirable. The goal of our research was to evaluate synergistic inactivation of E. coli with chlorine and sonication in a flow through system. Laboratory experiments were conducted to determine the impact of chlorine dose (0 to 1 mg/L), cavitation intensity (90 to 150 watts) and contact time (0 to 16 minutes) on inactivation. Tests were conducted with a probe system and a flow through cavitation device. Results showed that sonication alone was ineffective for the conditions tested. Sonication applied simultaneously with chlorine did not improve inactivation compared to each disinfectant alone.

Spermine (Spm), a potent bactericidal polyamine, exerts a strong synergistic effect with β-lactams against methicillin-resistant Staphylococcus aureus (MRSA) in a pH-dependent manner. At high pH (>8) Spm is a potent nucleophile, and able to form Spm-β-lactam adduct. At physiological pH (or lower), Spm carries positive charges, and can bind to DNA through charge interactions. The potential of Spm interfering with cell wall was first investigated. A spontaneous mutant of MRSA Mu50 selected for Spm resistance conferred resistance to Spm/β-lactam synergy. This phenotype was due to the presence of a 7-bp deletion in pbpB as identified by genome resequencing and confirmed by complementation. Analysis of cell wall composition by HPLC revealed the combination of Spm and β-lactam can reduce the cross-linkage of peptidoglycan. These two lines of evidence suggest Spm may perturb cell wall integrity in favor of β-lactam efficacy with PBPs as a promising target. However, from the results of microarray analysis and fluorescent Bocillin labeling, Spm did not appear to suppress the PBPs expression or alter their interactions with β-lactams. Next, transcriptome analyses reveal the genes responsive to the synergy effect overlap extensively with those to high Spm challenge, implying the enhanced detrimental effect of Spm facilitated by β-lactams in inhibition on cell growth. In particular the induction of iron transport and reduction of energy production under synergy were depicted in this study, and high dose Spm was found to turn off the SigB regulon. Of interest, the tetM gene encoding a ribosomal protection protein for tetracycline (Tc) resistance exhibited the most significant fold change and high signals by both high and low dose Spm. Further analysis by qRT-PCR demonstrated the tetM expression was specifically induced by Tc and Spm to a comparable level but not by other polyamines, suggesting a similar mode of action by Spm and Tc in interactions with the ribosome to initiate tetM induction. Collectively, these data indicated the role of Spm could be multifarious with more than one target, and a combination of Spm and β-lactams may inhibit growth of MRSA in a more complicated manner than just potentiating β-lactam inhibition on PBPs.

Abstract In Taiwan, there are many types of real estate business model, due to the threshold of its public offering higher than other industries, making the business case often built using a model of a company's business, so companies can not sustainable. In addition, the cost of land continued to improve and build the company purchased the land fund for improvement, using the pattern of joint ventures to cash flow can not meet the high, so the construction company should consider other business model. This research will use case study method will be A company as the case study, the merger into the real estate industry over the past two years, in order to have acquired companies to achieve sustainable development the idea of public companies, this study will focus on merger¡¦s motivation, the subject matter of the filter acquisition, merger integration process and the synergy of the merger case analysis. Based on interviews and case study, this study proposes the following management implications. First, the success of mergers and acquisitions, the acquirer of the personality traits of its M & A decision-making process. Second, a critical success factor in this case, including: targeted, no time pressure, set the merger conditions, actively funding and personnel issues. Third, the merger synergies in the case show the business model into a public company and increase the convenience of obtaining funds, but also enhances the growth force of the future development of enterprises. Keywords: mergers and acquisitions, synergy, case studies

This dissertation examines the relative importance of the information effect on corporate takeover in total takeover gains. It develops the measure of information effect based on the residual income valuation model with I/B/E/S analysts' abnormal earnings forecast revisions. Empirical results show that the information effect and the synergy are estimated to be around 4 percent and 22 percent respectively in the 1,372 US samples during 1980- 2006. Furthermore, almost all of the synergy gains disappear as the deal is expected to be failed while the measured information effect remains afterwards. The evidence suggests that the information effect is more evident in the disciplinary (failed & high Tobin's-q for bidders) or acquisitional (small capitalization & high book-to-market ratio for targets) takeovers while the synergy is greater in the successful tender-offer. Overall, the corporate takeover bid generates information gains up to 15 percent of total takeover gains. It also develops a theoretical model on the market for corporate control using the assumption that there exists management slack which does not contribute to shareholder wealth. This model provides explanations to several questions about corporate takeovers, which include the following: Why do managers prefer takeovers to other investment alternatives? When are they likely to occur? What are the sources of takeover gains? Do takeovers create value? Why are stock offers more common? Who gains from such transactions both in the long and short runs? Why do they occur in massive waves? Why is diversification often attractive to bidder managers? How does corporate governance play its role during this process? And why do managers often resist takeovers? The agency model this paper develops is compatible with existing theories on takeovers including neoclassical, inefficient stock market, and the free cash flow approach. Furthermore, it is consistent with most of the empirical evidence available.

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