Made available in DSpace on 2016-04-25T18:39:53Z (GMT). No. of bitstreams: 1 Renato Mauricio Porto Reis.pdf: 884389 bytes, checksum: c87ae0ec970a0765541ddb2685f9b886 (MD5) Previous issue date: 2013-01-31 / This Essay intends to discuss the concepts and issues related to Goodwill. For this it was presented the Goodwill role on the Financial Statements as an Intangible Asset. To achieve this goal it was made an analysis of the concepts indicated in the Brazilian Rules, specially the Technical Statement CPC 04 (R1) Intangible Assets and the Technical Statement CPC 15 (R1) Business Combination and the understanding that these rules plays in the registration and valuation of the Goodwill, especially in relation to the impossibility of its registration due to the many limitations of its concept. From the limits imposed by the accountant rules it was explored the main concepts proposed by the majors Authors and Professors about this theme and the conclusion that was presented by them that indicates a residual concept for Goodwill in merger and acquisitions. Once defined the limitations it can be stated that Goodwill can be defined as the overall force of the Identified Assets in a Company, therefore it will be explored a more complex and elaborate issue as the influence and proximity of the intellectual asset and the incorporate synergy. Made this considerations and known its effects, it was evaluated the concepts of the acquired Goodwill and the created Goodwill, in order to conclude that it is not the acquisition that creates the Goodwill it is latent and would be materialized and quantified when acquired. Therefore nothing would forbid that the created Goodwill would be calculated and registered. This would allow the best use by the stake holder of the Financial Statements. At the end it was proposed a quantification criteria and a way to incorporate this value in the Financial Statements / O presente estudo procurou questionar e discutir os conceitos e as demais questões relacionadas ao Goodwill, apresentando sua inserção nas Demonstrações Contábeis como integrante do Ativo de uma entidade no Grupo dos Ativos Não Circulantes, os Ativo Intangíveis. Para tanto, foram avaliados seus conceitos, a partir das Normas Contábeis Brasileiras, em especial o Pronunciamento Técnico CPC 04 (R1) Ativos Intangíveis e o Pronunciamento Técnico CPC 15 (R1) Combinação de Negócios e o entendimento que estas duas normas impõem ao Goodwill, especificamente quanto à impossibilidade de seu registro, por conta de diversas limitações que seu conceito incorpora. Com base nas limitações impostas pelas Normas Contábeis foram explorados os diversos conceitos propostos pelos principais autores sobre o tema e, desse modo, é possível compreender que as normas incorporam o conceito de residual que o Goodwill possui em uma aquisição por combinação de negócios. Assim, definidas as limitações e conhecidos os conceitos, se constatou que o Goodwill pode ser simplesmente definido como sendo a força do conjunto de Ativos Identificáveis tratados nas circunstâncias em que se situam em uma entidade; passou-se a considerar a questão conceitual mais sofisticada, como a proximidade com o Capital Intelectual e o efeito sinérgico que incorpora. Feitas estas observações e conhecidos os seus efeitos, avaliou-se o chamado Goodwill adquirido ou comprado e o Goodwill gerado internamente, para concluir que não é a aquisição de uma entidade por combinação, que gera o Goodwill − ele está latente e é materializado neste momento mas, nada impede que seja apurado e calculado periodicamente, como uma forma de permitir ao usuário das Demonstrações Contábeis dispor de uma informação mais confiável e completa. Ao final, foi proposto um critério de mensuração e uma forma de incorporação às Demonstrações Contábeis, ao menos, anualmente

Orientador: Edson Luís Piroli / Resumo: O trabalho aqui apresentado tem como objetivo realizar uma síntese do papel dos municípios sob a concepção da gestão dos recursos hídricos no Brasil, com base na Lei das Águas e da Política Nacional de Recursos Hídricos, que definem um papel menos ativo destes para gerir e regular os recursos hídricos em seus instrumentos. Não obstante, este trabalho destaca a necessidade de integração entre a gestão dos recursos hídricos com diretrizes definidas nos Planos de Bacia Hidrográfica e as demais políticas públicas ambientais sob responsabilidade dos municípios. Nesta perspectiva, considera-se fundamental que haja articulação entre políticas públicas, principalmente em âmbitos estadual e municipal, pois esta combinação é de grande importância para o fomento da participação ativa dos municípios em suas atribuições no Sistema Nacional de Recursos Hídricos; sendo que a principal prevista é a participação nos Comitês de Bacia Hidrográfica dos quais estão inseridos e no cumprimento das obrigações constitucionais de ordenamento territorial, preservação e conservação ambiental em prol do atendimento das necessidades das gerações atuais e futuras. Destarte, foi analisado o conteúdo do Plano Diretor Municipal de Assis e sua revisão, iniciada em 2017, para verificar as interações entre as legislações pertinentes, com foco na relação da Política Nacional de Recursos Hídricos e Estatuto das Cidades Com as análises realizadas, conclui-se a necessidade de uma maior aproximação do Plano Diretor M... (Resumo completo, clicar acesso eletrônico abaixo) / Abstract: This work presented aims to synthesize the role of municipalities under the concept of water resources management in Brazil, based on the Water Law and the National Water Resources Policy which define a less active role for these to manage and regulate water resources in its instruments. Nevertheless, this work highlights the need to integrate water resources management with guidelines defined in the River Basin Plans and other public environmental policies under responsibility of municipalities. In this perspective, it is crucial to articulate between public policies, mainly in state and municipal scopes, since this combination is of great importance for the promotion of active participation of municipalities in their attributions in the National System of Water Resources; and the main one foreseen is the participation in its inserted Hydrographic Basin Committees and in fulfillment of the constitutional obligations of territorial planning, preservation and environmental conservation, in order to meet the needs of the present and future generations. Thus, the contents of the Assis Municipal Master Plan and its review, initiated in 2017, were analyzed to verify the interactions between the relevant legislations, focusing on the National Policy on Water Resources Statute of Cities. The analyzes carried out conclude the need for a closer approximation of the Municipal Master Plan with the Paranapanema Hydrographic Basin Plan, in addition to the need for integration with other p... (Complete abstract click electronic access below) / Mestre

Although the public-private partnership (PPP) concept in health and social health has been politically accepted as the best pathway to improving health outcomes in many developing nations, implementation lacks leadership synergy. Lack of awareness and engagement of community leaders about PPP interventions and their benefits affect accountability and ownership of health and social care interventions. The purpose of this study was to better understand factors that could promote partnership leadership synergy to enhance ownership and accountability for community health and social welfare initiatives in Tanzania. A qualitative empirical case study design was used; diffusion of innovation and the public-private integrated partnership module constituted the theoretical framework. A purposeful sample of 26 participants responded to in-depth, 1-on-1 interviews; they were guided with semi-structured questions; the related document was reviewed. NVivo software was used to facilitated data management and content analysis. The key findings indicated that integrated supportive supervision, teamwork, and strategic communications promote partnership leadership synergy. Also, findings show that a lack of clear roles and responsibilities, poor quality data, a lack of understanding the benefits of PPP in health at the community level hinder ownership and accountability in the implementation of PPP health interventions. The results of this study yield insight into the national PPP technical and leadership team that could support the priorities in the implementation of the partnership projects. These results may contribute to social change through an increase in awareness and understanding of PPP in health at the community level and, in turn, promote ownership and accountability.

Since its emergence in the late 1960s, mechatronics has become well-established as an academic subject, and is now researched and taught at a large number of universities worldwide. The most widely-used definition of the subject today is centered on the synergistic integration of mechanical engineering, electronics, and intelligent computer control. The aim of this thesis is to work between the disciplines of engineering education and mechatronics to address both the question of the identity of the subject of mechatronics and the ways in which this identity can be reflected in the practice of mechatronics education. Empirical data from the literature is supplemented with further data from four case studies with approaches varying from exploratory case studies and ethnographic in-depth studies to explanatory studies with an action research based approach. The process and results of the investigation can be divided into three aspects. Firstly, analysis of the subject of mechatronics shows that its identity is thematic and its legitimacy is functional, implying that the selection and communication of the subject ought to be exemplifying and interactive respectively. Secondly, and following this analysis, the concept of international collaboration is used as the implementation for the first two case studies. The results of these studies show a relationship between collaborative projects and enhanced disciplinary learning and skills, increased awareness of cultural differences, and improved motivation. Another potential implementation, experimental learning, is then tested in two action research based studies focusing on fast prototyping and individual access to laboratory equipment. Mechatronics is a special subject, not easily understood or taught. To be mechatronic is to be synergistic, and to be synergistic generally demands expertise in all underlying subjects. The conclusion of this thesis is that this requires a non-traditional education where the focus is on training rather than studying, coaching rather than teaching, experimenting rather than reading, working together rather than apart, and being mechatronic rather than studying mechatronics. / Mekatronik som ämne uppstod under 1960-talets senare del och har sedan dess etablerats som akademiskt ämne som beforskas och undervisas på ett stort antal universitet runt om i världen. Den idag mest utbredda definitionen av ämnet fokuserar på synergi och synergistisk integration av maskinteknik, elektronik och intelligent datorstyrning. Målsättningen med denna avhandling är att bidra till forskning i området mellan de två fälten ingenjörsutbildning och mekatronik. Forskningsfrågan behandlar identiteten hos ämnet mekatronik och hur denna identitet kan återspeglas i undervisningens praktik. Empiriskt material för denna avhandling har hämtats från litteraturen tillsammans med fyra fallstudier. Forskningsmetodiken i fallstudierna har varierats från utforskande fallstudier och etnografiska djuplodande studier till förklarande studier med en aktionsforskningsansats. Studien och resultaten därutav kan delas in i tre delar. Den första delen behandlar ämnet mekatronik och visar att ämnets identitet är tematisk och att legitimiteten är funktionell. Detta innebär att ämnets selektion och kommunikation bör vara exemplifierande respektive interaktiv. I den andra delen används denna definition för studier av internationellt samarbete i mekatronik, vilket utgör basen för de två första fallstudierna. Resultaten från dessa studier visar på en relation mellan det internationella samarbetet och ett ökat disciplinärt lärande, ökad medvetenhet om kulturella skillnader samt en ökad motivation. Den tredje delen relateras till ytterligare en tänkbar implementation av definitionen, en idé om experimentellt lärande. Denna prövas i två studier baserade på aktionsforskning som behandlar snabb prototypframställning och individuell tillgång till avancerad laborationsutrustning. Mekatronik är ett speciellt ämne, inte helt enkelt att förstå eller undervisa. Att vara mekatronisk innebär att vara synergistisk, och att vara synergistisk kräver vanligtvis expertkunskap i de underliggande områdena. Resultatet av denna avhandling är att detta kräver en icke-traditionell undervisning där fokus är på träning snarare än studerande, handledning och guidning snarare än undervisning, experimenterande snarare än läsning, arbete tillsammans snarare än individuellt och att vara mekatronisk snarare än att studera mekatronik. / QC 20100609

Synergi är viktigt i samband med fusioner och förvärv. Utgångspunkten är att synergi, i både teori och praktik, används för att skapa olika typer av mervärden. Fusioner och förvärv är frekvent förekommande i företagande och det är många olika aktörer som berörs av sådana förändringar, t.ex. anställda, företagsledningar och ägare. Företagsintegrationer kan antas påverka de företag som är involverade i fusionen eller förvärvet. Även andra aktörer som kunder och leverantörer kan komma att påverkas av den förändring som en fusion eller ett förvärv innebär. Det finns därför skäl att studera förhållandet mellan skapande av synergi och företagsintegrationer. Avhandlingens inriktning är att i vid bemärkelse studera synergibegreppet för att ytterligare öka förståelsen av synergi, både inom ett företag samt i företagets affärsnätverk. Syftet med avhandlingen är att utveckla hur synergi kan realiseras inom företaget och i affärsrelationer till kunder och leverantörer i samband med fusioner och förvärv. Baserat på fusioner och förvärv bland industriföretag analyseras i avhandlingens första del hur och om synergi kan realiseras inom ett integrerande företag. Ett resultat av studien är att synergi inom ett företag sammanfattningsvis kan sägas vara ett resultat av ett samspel mellan skapande av mervärden, samstämmighet mellan strategiska prioriteringar och funktionellt genomförande. Synergi inom ett företag kan sägas vara något som en företagsledning planerar med avsikt att genomföra. Företaget är i centrum och avsikten är att förändra och påverka omgivningen för anpassning till de nya förutsättningar som finns. I en sådan miljö finns andra aktörer, som kunder och leverantörer. Det finns därför ett intresse att också studera hur och om synergi i en affärsrelation kan uppstå. Synergi i ett fusionerande eller förvärvande företags affärsnätverk är en breddning av synergibegreppet till att också omfatta relationen mellan företag. Avhandlingens andra del studerar detta. Det är viktigt att ha ett vidare perspektiv på vad en förändring får för konsekvens i skapande av synergi i ett integrerande företags relation till andra aktörer, som kunder och leverantörer. Synergi i relation kan uttryckas som det samlade resultatet av hur aktörerna anpassar sig till förändringar, hur förändringen påverkar beroendeförhållanden, i vilken utsträckning det sker en koordinering av aktiviteter och hur detta sker i interaktion över tiden. Avhandlingen kombinerar också de två perspektiven på synergi i förhållande till utvecklingen över tiden. Inom det integrerande företaget kan synergi framstå som planerad i integrationens tidiga faser eller ske framväxande över tiden. I det integrerande företagets relation till andra aktörer kan synergi i relation förekomma genom påverkan i integrationens tidiga faser. Det är något som de integrerande bolagen planerar att genomföra i relation till andra aktörer. Synergi i relation kan över tiden ske i interaktion mellan affärsnätverkets aktörer. Synergi genom interaktion handlar om att det integrerande företaget initierar en förändring genom sammanslagningen och de olika aktörerna anpassar sig över tiden till de förändringar som sker. Anpassning är inte en passivitet utan ett uttryck för både aktion och reaktion. Avslutningsvis diskuteras praktiska implikationer av studien. Vid fusioner och förvärv kan det vara av intresse att beakta vad de integrerande företagens agerande får för konsekvenser i relation till andra aktörer samtidigt som den egna verksamheten utreds. Processmedvetenhet innebär att en kedja av aktiviteter startas och att det kan få betydelse för vilket resultat förändringen får över tiden. Stabilitet och beroenden mellan aktörerna påverkas genom de fusioner och förvärv som sker. Fusioner och förvärv kan fungera som drivkraft för att skapa tillväxt hos andra aktörer. Den operativa verksamheten hos andra aktörer kan också påverkas genom de förändringar som sker i en fusion eller ett förvärv. / Synergy is of fundamental interest in mergers and acquisitions. The point of departure in this thesis is that synergy, both theoretically as well as in practice, is used to describe different types of value creation. Mergers and acquisitions is a frequent phenomenon in business and many actors will be affected by such changes, e.g. employees, company management and owners. Company integrations can be assumed to affect the involved actors in the merger or acquisition. Also other actors such as customers and suppliers can be affected by the change a merger or acquisition creates in the business network. This background is of interest in the study of the relationship between synergy and company integrations. The thesis studies synergy as a concept to enhance the understanding of synergy, within a company and in the integrating companies’ business network. The aim with the thesis is to elaborate on how synergy is implemented in mergers and acquisition and in business relationships with customers and suppliers. Based on mergers and acquisitions among industrial companies the realisation of synergy within a company is analysed. The thesis concludes that synergy is the result of the interplay between creating value, alignment between strategic prioritisations and functional performance. Synergy within a company is something the company management plans and intends to carry out. The integrating companies are at the centre and the intention is to affect the companies’ business environment. In the integrating companies business environment there are actors such as customers and suppliers. These actors are also of interest when studying synergy realisation. Synergy in the business network of a merging or acquiring company can be seen as broadening the concept of synergy. The thesis concludes that synergy as a concept also should include relationships in business networks. Thus, creating synergy includes the integrating companies as well as their business relationships with other actors, such as customers and suppliers. Synergy in business relationships can be seen as the result of how companies adapts to changes in the business network, how the changes affects interdependency among actors, in what extent there is a co-ordination of activities between actors, but most importantly how this is carried out over time. The thesis also combines the two perspectives on synergy with the development over time. Within the integrating companies, synergy appears in two forms, as planned in the early phases of integration and, as emerging over time. In the integrating companies’ business relationship synergy can appear as something planned by the integrating companies to purposely influence other actors. Synergy in business relationships can also appear when different actors adapt over time to these changes. The adaptation is not a passiveness but an expression of action and reaction. For practitioners, consequences of merging and acquiring companies’ integration are of interest to take into account in the business relationship to other actors. Companies need to be aware of the integration process. Mergers and acquisitions start a chain of activities. Over time, this can affect the potential result of the integration. Stability and dependence between different actors are also affected. Mergers and acquisitions can be a driving force for other actors needs to create growth. Other actors operating activities can also be affected by the changes initiated by a merger or an acquisition.

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本研究以2002年至2012年台灣主併公司為上市公司的併購案件為樣本，探討合理性意見書評價內容和主併公司短期股價影響及併購後綜效之關聯性。研究結果發現，於意見書揭露日時，若獨立專家評估價格高於雙方約定交易價格愈多時，即評價溢酬愈大，或是評價報告由高聲譽獨立專家所出具，主併公司會有正向的累積異常報酬率；且在此情況下，主併公司併購後綜效亦會愈大。故本研究認為，合理性意見書中的評價資訊，於揭露時具有訊號發射效果，可以幫助外部股東及投資人判斷交易是否對其有利，降低內外資訊不對稱，同時亦具有認證併購後公司會產生合併綜效之功能。因此，併購時獨立專家所出具之合理性意見書確實具有資訊意涵。 / This study analyses the relation between target firm valuations disclosed in the fairness opinions and acquiring firm performances by using the samples of Taiwanese listed company in M&A transaction between 2002 and 2012. We find that the stock price reactions to the public disclosure of fairness opinions are positively related to the difference between target firms valuations contained in the fairness opinion and the merger offer price and the reputation of independent experts. Under these conditions, the synergy in the M&A may be higher than others. Therefore, we suggest that the information contained in the fairness opinions can not only reduce information asymmetry between management and stockholders, but also certify that the M&A transaction will produce synergy. We conclude that fairness opinion does contain useful information to market participants.

Bakgrunn: Det er avdekket at pasienter med komplekse behov og kroniske lidelser har behov for mer integrerte helsetjenester en de har fått. Samhandlingsreformen fremmer at dagens helsevesen må desentraliseres for å gi integrerte tjenester til denne pasientgruppen. Hensikt: Formålet med denne studien var å avdekke hva som er avgjørende for en bærekraftigbehandlingskjede til personer med komplekse og langvarige lidelser. Metode: Forskningen er et multiple case study med to case; diagnosegruppene Schizofreni ogKOLS. Undersøkelsen ble gjennomført i to middels store norske kommuner og deres respektive regionale sykehus. Det ble gjenomført 10 semi-strukturerte intervju med påfølgende innholdsanalyse. Funn fra intervjuene og dokumentanalysen ble triangulert. Resultat: Avgjørende for bærekraftige behandlingskjeder er: Organisasjonsstruktur: Interorganisatorisk behandlingskjede, med minimum nivå av lenket interaksjon, fundamentert på samarbeidsavtale. Interaksjonsnivået og bruk av IP var høyest innen for psykisk helse sektoren. Ingen av behandlingskjedene har multidisiplinære team som har myndighet til situasjonstilpasning avtjenestene; Organisasjonskultur: Det var ett multidisiplinært grenseoverskridende team, som var utenlederstøtte relatert til felles målsetninger og felles styrende idéer og løsning på samhandlingsutfordringer eller fokus på utvikling av helhetlige behandlingskjeder, spesielt fellesoppgavene; Utviklingsmulighet gjennom støttende nasjonal policy og statlige virkemidler; og Utviklingsfokus Det manglet avklaring på lederansvar for utvikling av behandlingskjeder og prioritering av ressurser til utvikling i form av personell, økonomi og tid. Konklusjon: Studien viser at det er avgjørende med adekvat organisasjonsstruktur med samhandlingssoner for både multidisiplinære grenseoverskridende team med tilstrekkelig interaksjonog myndighet til å gi situasjonstilpassede tjenester, og et ledernivå med fokus på lederstøtte for de multidisiplinære teamene. En altruistisk holdning i lederskapet kan bidra til støttende strukturer somfelles styrende ideer og målsetninger. Det er nødvendig med et tydelig fokus på utvikling av tjenester der det er tjenestetomme rom, og spesielt på fellesoppgaver og løsing av samhandlingsutfordringer,.Det er også viktig for behandlingskjedens bærekraft at ledere prioriterer tilstrekkelig ressurser til utviklingen av behandlingskjeder og bruker mulighetene gjennom de statlige virkemidlene.En integrert helsetjeneste er ennå ikke et faktum i de undersøkte behandlingskjedene, men viktige steg er tatt i retning av å oppfylle Samarbeidsreformens målsetning. / Background: Evidence shows that patients with complex and chronic illnesses need greater coordination of their healthcare services. The Coordination Reform claims that health care services must be decentralized to give integrated care to these patients Purpose: This study aimed to determine the crucial factors for sustainable chains of care for persons with complex and chronic diseases. Method: This study was organized as a multiple case study involving two diagnosis groups for schizophrenia and chronic obstructive pulmonary disease. Research was conducted in two mid-sized Norwegian municipalities, each connected to separate regional hospitals. It was conducted 10 semistructured interviews. Findings from interviews and document analysis were triangulated. Result: Integrated chains of care depend on four factors. Organizational structure needed organizational chains of treatment with a minimum level of linked interaction, based on contracts.The level of interaction was higher, and the use of Individual Plans was more common within the mental health sector. In our study, neither chain of care had a mandate to adjust services according tochanging needs. In organizational culture, we identified one inter-organizational team, which lacked necessary leadership support to identify common goals, and lacked governing ideas or leadership to solve the challenges or focus on developing integrated chains of care. Supporting policies andgovernmental incentives enabled development opportunities. Finally, we identified a lack of development focus (i.e., appointed responsibility for the development of integrated health care and the allocation and management of resources for personnel, time, and economy). Conclusion: We determined that an adequate organizational structure for interaction is crucial to creating zones of interaction for multi-disciplinary teams with adequate interaction and authority to adjust health services according to need. We also determined a need for leadership to focus on supporting multidisciplinary teams. Leadership with altruistic attitudes may inspire and strengthen supporting structures such as common governing ideas and goals. When voids exist in the chain of care, clearly focused service development and problem solving is crucial, especially for interorganizational treatment. Sustainability of the chain of care requires leaders prioritize development regarding the allocation of adequate resources, using the possibilities within the national regulations and incentives. An integrated chain of care was not yet in place for the cases studied here, butimportant steps have been taken towards fulfilling the goals of the Norwegian Coordination reform. / <p>ISBN 978-91-982282-1-2</p>

This thesis aims at understanding the M&A process from the beginning of strategy development, target screening, transaction execution, to integration and reorganization. On the buy side perspective knowing that during each process what are the key points and issues that a buyer/acquirer will encounter and fully prepare for it. In order to make a successful deal, a company must have a clear plan to fit its corporate strategy under the help with advisors toward the direction by using M&A as a choice to make expansion. It gives a successful first-timer deal making case study given that the buyer and seller’s company background, the motive behind this merge and the process. In addition to the overview of the case study it also identifies key issues during the transaction execution process. Finally it comes up with a synergy analysis to prove that why this deal is making a success. M&A is a complex topic involving with many business aspects and therefore in order to avoid failing, specific deal breakers should be careful during the process. There is a saying from Sun Tzu “know yourself, know your enemy, and you shall win a hundred battles without loss” and this is the right attitude toward an M&A deal in considering every issues that might have happened.