This thesis examines the impact of the valuation multiple ‘earnings before interest, taxes, depreciation and amortization’ (EBITDA) on the ‘merger and acquisition’ (M&A) activity and deal value. For small firms, mergers are primarily an exit strategy for firms in financial trouble, as indicated by few marketed products and low cash-sales ratios. Meanwhile, mergers and acquisitions for large drug makers is a way to leverage their sales networks and benefit from monopolies from patents. The paper analyses the impact size of EBITDA, assuming it is positive and smaller than 8% of the deal value. This thesis examines 46 cases within European Union for a period of 10 years between 2009 to 2018. The conclusion reached is that EBITDA valuation multiple has a significant negative impact on the purchase price but with little effect in the pharmaceutical industry as the focus is always put on the operational synergies that the target’s assets can bring compared to its earnings and sale prowess.

Diplomová práce porovnává postoj ke snižování nezaměstnanosti prostřednictvím aktivní politiky zaměstnanosti v ČR a VB. VB má jednu z nejnižších měr nezaměstnanosti, a proto je zajímavé, porovnávat ji se zemí, která má míru nezaměstnanosti velmi vysokou. První kapitoly se týkají teorie aktivní politiky zaměstnanosti obecně, řešení APZ v každém státě zvlášť, i jaký postoj má k nezaměstnanosti EU. V ostatních kapitolách jsou na základě SWOT analýzy porovnávány silné a slabé stránky a příležitosti a hrozby obou států ? míra nezaměstnanosti, rizikové skupiny, vzdělání, instituce trhu práce aj. Na závěr je nutná komparace obou států a především nastínění určitých doporučení pro ČR.

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This thesis argues that the 1938 Kentucky Democratic primary was a critical moment for the New Deal and the Democratic Party. Furthermore, it demonstrates the fractures forming within the southern wing of the party. Through this primary the paper examines peoples’ perceptions of a changing democracy. One that they believed included a much more powerful president and meddling bureaucracy. It details the major points of the campaign, including Franklin Roosevelt’s visit to the state the famous poisoning accusations, and the corruption within the Works Progress Administration.

Thesis (Ph. D.)--University of Texas at Austin, 2006. / Vita. Includes bibliographical references.

Private equity bolag som skapar värde genom leveraged buyout har under de senaste åren fått ökad konkurrens inom den process vilken syftar till att finna attraktiva investeringar som kan generera avkastning enligt uppsatta avkastningskrav. Processen som karaktäriseras av informationsasymmetri och kallas för deal sourcing har därmed blivit ett svårare moment för dagens private equity bolag. Denna empiriska fallstudie undersöker hur svenska private equity bolag inom kategorin leveraged buyout i praktiken arbetar med deal sourcing och vilka drivkrafter som processen utformas efter i syfte att finna potentiella investeringar. Detta undersöks i ljuset av den akademiska forskning som tidigare gjorts på området. Studien utgår ifrån tio intervjuer med företagsrepresentanter vilka har insyn i och är delaktiga i processen med att finna bolag. Resultatet av studien visar att det studerade private equity bolaget följer samma deal sourcing process som beskrivs inom den akademiska litteraturen. Däremot kan det konstateras att terminologin skiljer sig mellan teorin och praktiken. Slutligen fann studien att värdegrund utgjorde en viktig drivkraft inom praktiken.

Thesis (Ph. D.)--University of Wisconsin--Madison, 1961. / Typescript. Vita. eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references (leaves [281]-289).

Thesis (Ph. D.)--Rutgers University, 2008. / "Graduate Program in Political Science." Includes bibliographical references (p. 393-404).

Thesis (Ph. D.)--West Virginia University, 1999. / Title from document title page. Document formatted into pages; contains iv, 269 p. : ill. Includes abstract. Includes bibliographical references (p. 256-269).

Thesis (Ph.D.)--Ohio University, August, 2006. / Includes bibliographical references (leaves 313-334)