A qualitative analysis to identify takeover target criteria

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hicham Meghouar
Keyword(s):  
Qualitative Analysis ◽  
Value Creation ◽  
Principal Component ◽  
Principal Component Factor Analysis ◽  
Target Firm ◽  
Content Type ◽  
Predictive Variables ◽  
Two Factors ◽  
Target Theory ◽  
The Subject

PurposeThis study proposes a qualitative analysis to identify takeover target criteria according to French Mergers and Acquisitions (M&A) practitioners.Design/methodology/approachA principal component factor analysis, applied to responses from 42 French M&A practitioners, highlighted four factors that summarize information about predictive variables and which explain the occurrence of takeover.FindingsAccording to the surveyed practitioners, four main axes explain 83% of the occurrence of takeover. These axes reflect motivations related to the undervalued target theory, synergy theory and agency theory. The first factor defined by the size of the company, its rate of return and turbulence in the sector. A second factor opposed market value and dividend payout ratio to the liquidity variable. The last two factors are called the debt factor, structured by the debt variable and the value creation factor, which opposed the value creation variable and transaction volume to the growth opportunities variable. The results therefore confirmed the importance of some predictor variables tested in previous studies and showed different results.Research limitations/implicationsThis study was limited in terms of sample size. The low number of responses obtained reflects the sensitivity of the subject, insofar as it highlights the predictive model used by M&A practitioners (professional secrecy). Future investigations will involve in extending the questionnaire approach to a larger sample of continental European M&A practitioners.Originality/valuePredicting takeover targets has been the subject of abundant literature. The results do not converge and are sometimes contradictory. This paper undertakes a field study conducted using a questionnaire survey to detect predictive variables used by M&A practitioners in their identification of a target firm. The authors aim to identify a relevant indicators favorable to the occurrence of a takeover bid and which are/or not handled by the literature.

Use of the Perceived Physical Competence Scale with Adolescents with Disabilities

1995 ◽  
Vol 80 (2) ◽  
pp. 571-577 ◽  
Author(s):  
Taru Lintunen ◽  
Pilvikki Heikinaro-Johansson ◽  
Claudine Sherrill
Keyword(s):  
Gender Differences ◽  
Factor Analysis ◽  
Principal Component ◽  
Principal Component Factor Analysis ◽  
Validity And Reliability ◽  
Varimax Rotation ◽  
Physical Competence ◽  
Related Literature ◽  
Competence Scale ◽  
Two Factors

The construct validity and reliability of the 1987 Perceived Physical Competence Scale of Lintunen were examined to assess the applicability of the instrument for use with adolescents with disabilities. Subjects were 51 girls and 34 boys ( M age = 15.1 yr.) from several schools in central Finland. Principal component factor analysis with varimax rotation yielded the same two factors for adolescents with disabilities as reported for nondisabled adolescents in the related literature. Cronbach alphas for the two factors were .89 and .56. It was concluded that the scale is an appropriate measure for adolescents with disabilities. Statistical analysis indicated no gender differences for adolescents with disabilities. When compared with nondisabled groups in the related literature, these adolescents had perceived fitness similar to nondisabled peers but significantly lower than that of athletes without disabilities.

Service flexibility: conceptualizing value creation in service

2016 ◽  
Vol 26 (6) ◽  
pp. 868-888 ◽  
Author(s):  
Danilo Brozovic ◽  
Fredrik Nordin ◽  
Daniel Kindström
Keyword(s):  
Conceptual Model ◽  
Value Creation ◽  
Customer Value ◽  
Contextual Influences ◽  
Content Type ◽  
Starting Point ◽  
Service Oriented ◽  
Service Logic ◽  
The Subject ◽  
Practical Implications

Purpose The purpose of this paper is to analyze the subject-specific literature on service and flexibility and derive a conceptualization of the linkages between provider flexibility and customers’ value creation. Design/methodology/approach The authors analyze existing perspectives on service and flexibility and propose linkages between provider flexibility and customer value creation. Findings Drawing on the service logic literature, and utilizing real-world examples, this paper advances propositions and a conceptual model of how flexibility can contribute to value creation. Research limitations/implications This paper establishes the basis for a practical and applicable flexibility perspective on value creation. It is particularly important for service-oriented providers and other firms operating in dynamic contexts. Practical implications The propositions and conceptual model offer suggestions on the manner in which provider flexibility contributes to customer value creation. Contextual influences that moderate provider flexibility in value creation are also included. Originality/value This paper contributes a novel perspective on service, which may serve as the starting point for the development of a more formal flexibility perspective on value creation.

Determinants of trade credit supply among the Ghanaian construction sector

2014 ◽  
Vol 4 (4) ◽  
pp. 368-383
Author(s):  
De-Graft Owusu-Manu ◽  
Gary D. Holt ◽  
David J. Edwards ◽  
Edward Badu
Keyword(s):  
Trade Credit ◽  
Principal Component ◽  
Cash Flows ◽  
Corporate Image ◽  
Primary Data ◽  
Principal Component Factor Analysis ◽  
Key Factors ◽  
Decision Criteria ◽  
Content Type ◽  
Asset Portfolio

Purpose – Trade credit (TC) provides access to capital for construction contractors globally and is an important source of finance in both developed and developing countries. The purpose of this paper is to explore key factors underpinning construction suppliers’ decisions to provide TC to Ghanaian construction firms. Design/methodology/approach – Primary data from a structured survey of 75 construction suppliers are analysed. Principal component (factor) analysis explores complex structures among suppliers’ decision-making variables. Findings – Underlying constructs of decision criteria exist among seven key factors: financial profile of the contractor; parties’ profit margins; asset portfolio and project particulars; TC quantum and repayment terms; age and experience of the contractor; contractor corporate image; and parties’ cash flows. Originality/value – This is a new decision criteria framework for suppliers and contractors, who utilise TC.

The classification of supplier selection criteria with respect to lean or agile manufacturing strategies

2017 ◽  
Vol 28 (2) ◽  
pp. 232-249 ◽  
Author(s):  
Mohamed El Mokadem
Keyword(s):  
Supplier Selection ◽  
Selection Criteria ◽  
Small Sample Size ◽  
Principal Component ◽  
Agile Manufacturing ◽  
Small Sample ◽  
Underlying Structure ◽  
Principal Component Factor Analysis ◽  
Content Type

Purpose The purpose of this paper is to investigate how manufacturing strategies could affect the supplier selection criteria used by business firms. Design/methodology/approach Survey strategy was used to empirically understand the research argument. First, principal component factor analysis was employed to validate the underlying structure of the supplier selection criteria. Then, simple regression analysis was employed to test the research hypotheses. Findings Organizations pursuing lean strategies will emphasize factors that improve their efficiency when selecting their suppliers, while organizations pursuing agile strategies will assert factors that improve their ability to respond to customer unique requirements when selecting their suppliers. Research limitations/implications This study provides new insight for researchers to understand the effect of manufacturing strategies on the classification of supplier selection criteria. However, the small sample size might limit the ability to generalize research findings. Further research is required to confirm the findings using a wider sample. Practical implications This research provides practitioners with useful insights into how to select their suppliers based on their manufacturing strategies. Originality/value This paper classifies supplier selection criteria into three distinct groups: lean, agile, and common capabilities. Lean capability refers to the list of criteria that are highly relevant in selecting suppliers for lean implementers. Agile capability refers to the list of criteria that are highly relevant in selecting suppliers for agile implementers. Finally, common capability refers to the list of criteria that have comparable relevance in selecting suppliers for both lean and agile implementers.

Tomato attributes and consumer preferences – a consumer segmentation approach

2019 ◽  
Vol 122 (1) ◽  
pp. 328-344 ◽  
Author(s):  
Kristin Jürkenbeck ◽  
Achim Spiller ◽  
Stephan G.H. Meyerding
Keyword(s):  
Latent Class ◽  
Consumer Preferences ◽  
Principal Component ◽  
Taste Preference ◽  
German Population ◽  
Principal Component Factor Analysis ◽  
Tomato Production ◽  
Content Type ◽  
Communication Problems ◽  
Segmentation Approach

Purpose Vegetables are an important component of a healthy diet. Given that tomatoes are the most purchased vegetable in Germany, the purpose of this paper is to focus on how consumers evaluate tomatoes during their food choice. Each consumer has different preferences and, in order to target them, it is necessary to identify consumer groups. The study segments tomato consumers into homogenous target groups. Design/methodology/approach A choice experiment was used to simulate the buying situation in a supermarket. The data were analysed using latent class analysis, as well as principal component factor analysis to measure food-related lifestyles. The sample consisted of 1,027 consumers and was representative of the characteristics of gender, age, educational level and income for the German population. Findings Consumers perceive air transportation and plastic wrapping as most climate damaging in tomato production. Six different tomato consumer groups were identified and named according to the attribute they found most important, i.e. “Balanced consumers”, “Price-conscious consumers”, “Taste enthusiasts”, “Colour-sensitive consumers”, “Price-conscious consumers with a taste preference” and “Colour- and price-sensitive consumers”. In three clusters, colour was the most important attribute. However, green and yellow tomatoes were rejected by all segments, indicating communication problems. Originality/value The results of this study provide breeders and marketers with valuable insights into the factors driving tomato choice. The information was based on a large sample and will help breeders to select the types of tomatoes that are in demand by consumers.

Factor Analysis of Neuropsychological Tests

1969 ◽  
Vol 29 (3) ◽  
pp. 791-802 ◽  
Author(s):  
David Crockett ◽  
Harry Klonoff ◽  
James Bjerring
Keyword(s):  
Factor Analysis ◽  
Neuropsychological Functioning ◽  
Principal Component ◽  
Principal Component Factor Analysis ◽  
Motor Speed ◽  
Normal Children ◽  
Complex Skills ◽  
Checking Behavior ◽  
Two Factors ◽  
Psychometric Measures

The Halstead-Reitan Battery, 2 Benton tests and the WISC were administered to a sample of normal children, ages 5 to 8. The results of a principal-component factor analysis indicated that at least nine different areas were being measured. The areas of neuropsychological functioning were: Analytic-Synthetic Visual-motor Ability, Undirected Motor Speed, Verbal Abstract Ability, Resistance to Distraction, Ability to Alternate between Motor Sets, Directed Motor Speed, Environmental Awareness and Judgmental Skills, Sequencing Visual Stimuli, and Checking Behavior. Regression weights and composite score formulae for estimating Ss' scores in these 9 areas were presented. Dimensions were found which correspond to the Verbal-Performance division of the Wechsler test. Five of the factors were found to be relatively independent of psychometric measures of intelligence. Two factors involving higher-order complex skills were also found. The derived factors were related to other factor analytic studies.

scholarly journals Cardiomyopathies: echocardiographic profiles based on principal component factor analysis in men and women

2020 ◽  
Vol 25 (11) ◽  
pp. 4108
Author(s):  
N. G. Vardugina ◽  
I. V. Medvedenko ◽  
N. M. Efimova
Keyword(s):  
Factor Analysis ◽  
Contractile Function ◽  
Strong Association ◽  
Principal Component ◽  
Principal Component Factor Analysis ◽  
Men And Women ◽  
Risk Of Death ◽  
Diagnosis And Prognosis ◽  
Two Factors ◽  
Icd 10

Aim. To determine echocardiographic profiles and their prognostic value using factor analysis in men and women with various types of cardiomyopathies (CMP).Material and methods. The study involved 100 people with CMP — 69 men with a median age of 53 years and 31 women with a median age of 58 years. Among the subjects, six nosological types corresponding to ICD 10 classification were revealed: dilated CMP (DCM), ischemic CMP (ICM), alcoholic CMP, mixed CMP, hypertrophic CMP (HCM) and myocarditis. All persons underwent an echocardiography. Echocardiography results as variables were included in factor analysis. The resulting two factors are presented as the first and second echocardiographic profiles.Results. The first echocardiographic profile was characterized as the degree of myocardial contractile function reduction. A strong association of the first profile with DCM, alcoholic CMP and myocarditis in men (p=0,001) and DCM in women (p=0,05) was obtained. In some individuals with ICM and mixed CMP, there was no association with the first profile. The second echocardiographic profile reflected the degree of myocardial mass increase and had significant differences only in women (p=0,04). A strong correlation with the second profile was observed in HCM, in the majority of women with ICM and in some persons with mixed CMP. Fatal outcomes in men were recorded in patients with ICM (66,7%), alcoholic CMP and myocarditis, and in women with mixed CMP (11,1%).Conclusion. For patients with DCM, myocarditis, and alcoholic CMP, the first echocardiographic profile with a risk of death is characteristic. The second echocardiographic profile was inherent in HCM and was associated with a protective effect in women with ICM. The revealed echocardiographic profiles can be extrapolated to nosological types of CMP in men and women in order to verify the diagnosis and prognosis.

The analysis of successors’ competencies in family enterprises with the use of grey system theory

2015 ◽  
Vol 5 (3) ◽  
pp. 302-312 ◽  
Author(s):  
Rafal Mierzwiak ◽  
Ewa Więcek-Janka
Keyword(s):  
System Theory ◽  
Qualitative Analysis ◽  
Process Management ◽  
Grey System Theory ◽  
Self Awareness ◽  
Grey System ◽  
Content Type ◽  
Family Enterprise ◽  
Family Enterprises ◽  
The Subject

Purpose – The purpose of the paper is to analyse the relationships between the competency structure of the successors of family enterprises in Poland and dimensions like gender, self-awareness of development, taking their ideas into consideration in shaping the strategy of the firm and the size of the firm. Design/methodology/approach – Grey relational analysis was employed to analyse the empirical material in the paper. The results of the analysis served a more thorough qualitative analysis of the subject of the family enterprise successors’ competencies by comparing them to theoretical assumptions and other research within this scope. Findings – In the paper, the relation was shown between the structure of family firm successors’ competencies and the variables such as gender, development self-awareness, taking their ideas into consideration in shaping the strategy of the firm and the size of the firm. Research limitations/implications – The research was conducted in Poland and therefore its generalisation has limited scope resulting from the cultural and historical conditioning. Practical implications – The results of the research may serve the creation of tools and methods of succession process management in a family enterprise. Originality/value – The paper presents the possibilities of employing grey system theory in the research remaining within the scope of the subject of succession in family enterprises, as a tool complementing qualitative analysis.

Wine-related lifestyle segmentation in the context of urban Indian consumers

2020 ◽  
Vol 32 (4) ◽  
pp. 503-522 ◽  
Author(s):  
Poonam Sharma ◽  
Sonali Singh ◽  
Richa Misra
Keyword(s):  
Principal Component ◽  
Primary Data ◽  
Cluster Solution ◽  
Principal Component Factor Analysis ◽  
Content Type ◽  
Urban Indian ◽  
Indian Consumers ◽  
Social Drinker ◽  
Regular Drinker ◽  
Structured Questionnaire

Purpose The purpose of this study is to understand consumers in the emerging wine market of India to ensure the best services. To this end, factors were identified to describe Indian wine consumer behavior and further segments for consumers were created based on the factors identified. Design/methodology/approach The research design is descriptive in nature and based on primary data. Data was collected by a structured questionnaire from 232 respondents in five major cities of India (Mumbai, Delhi NCR, Bangalore, Pune and Hyderabad). The scale was mainly adopted from wine-related lifestyle approaches. Findings The principal component factor analysis resulted in six factors, namely, drinking ritual, consumption reason (social), consumption reason (mood, enjoyment and relaxation), consumption practice, consumption planning and quality. Cluster analysis resulted in a three-cluster solution. These clusters were named as cautious social drinker, loner regular drinker and highly engaged drinker based on the attributes possessed. Originality/value The segmentation of urban Indian wine consumers will be helpful for marketers to identity and describe the differences in attributes and behaviors, to create customized promotions to match the needs.

Development of a Satisfaction with Therapy and Therapist Scale

1999 ◽  
Vol 33 (5) ◽  
pp. 748-753 ◽  
Author(s):  
Tian P. S. Oei ◽  
Greg J. Shuttlewood
Keyword(s):  
Factor Analysis ◽  
Major Depression ◽  
Cognitive Therapy ◽  
Principal Component ◽  
Specific Factor ◽  
Principal Component Factor Analysis ◽  
Varimax Rotation ◽  
Two Factors ◽  
Specific Factors ◽  
Fourth Session

Objective: While much work has gone into developing measures of specific factors in psychotherapy for depression, measures for non-specific factors have been lacking. This paper aims to develop a scale for a non-specific factor called ‘Satisfaction with Therapy and Therapist Scale’. Method: Sixty-seven patients with major depression completed the questionnaires during the fourth session of cognitive therapy. The patients went through an assessment clinical interview using a SCID. They also completed the ATQ, BDI and DAS questionnaires during the fourth session. Results: Principal component factor analysis with varimax rotation showed that the scale possesses two factors, ‘Satisfaction with Therapy’ and ‘Client Evaluation of Therapist’, accounting for 64.7% of the total variance. The alpha Cronbach for the two factors is 0.91 and 0.80 with the total scale alpha at 0.90. The scale also possesses good concurrent and disciminant validity. Conclusion: The Satisfaction with Therapy and Therapist Scale is an adequate measure for measuring a non-specific factor in psychotherapy.

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