Acquisitions, Profitability, and Growth: A Study of Canadian Firms

2014 ◽  
Vol 15 (2) ◽  
pp. 98-117
Author(s):  
Igor Semenenko ◽  
Junwook Yoo
Keyword(s):  
United States ◽  
Precious Metals ◽  
The United States ◽  
High Tech ◽  
Improve Performance ◽  
Lower Growth ◽  
Acquisition Performance ◽  
Cross Border ◽  
Growth Prospects ◽  
Asset Size

Large acquisitions in the United States by Canadian firms lower growth prospects and profitability of Canadian companies. Results are driven by post-acquisition performance of the largest Canadian industries, including oil & gas, mining and precious metals, which together account for almost 40 percent of Canadian firms with asset size above 100 million reported in Compustat research files. Cross-border acquisitions of firms in high tech industries do not improve performance of Canadian firms.

scholarly journals Proving Chinese Law in the Courts of the United States

Amicus Curiae ◽  
2021 ◽  
Vol 2 (2) ◽  
pp. 188-215
Author(s):  
Richard K Wagner
Keyword(s):  
United States ◽  
English Language ◽  
The United States ◽  
Civil Procedure ◽  
Business Culture ◽  
Republic Of China ◽  
Chinese Law ◽  
Cross Border ◽  
Chinese Business ◽  
The Us

The volume of disputes heard by United States (US) courts containing a China element continues to be robust even against a backdrop of political rhetoric concerning an economic ‘de-coupling’ of the US and China. These cross-border disputes often involve Chinese parties and special issues, some of which concern Chinese business culture, but many of which involve interpreting questions of Chinese law. How is proving Chinese law accomplished in these cases and how have US courts performed in interpreting Chinese law? This article first discusses the approach to proving Chinese law in US courts. While expert testimony is often submitted and can be valuable to a US court, the applicable US rule offers no standards by which these opinions are to be judged. And, in the China context, without specific guidance, it can be challenging for a judge, unaccustomed with China or the Chinese legal system to determine which version of the law to believe. Moreover, under the applicable rule, the US court can simply ignore competing Chinese law opinions and conduct its own Chinese law legal research, presumably using English language sources. This can lead to interesting interpretations of Chinese law to say the least. The article anchors its discussion in an examination of those recent cases which have interpreted Article 277 of the Civil Procedure Law of the People’s Republic of China. This is the legal provision of Chinese law that can be implicated in certain situations involving cross-border discovery, and there are now numerous Article 277 cases among the reported US decisions. The article analyses Article 277 by placing it within the larger context of Chinese civil procedure and argues that the language used in the provision has a special meaning within Chinese evidence law that has been obscured in those US case decisions interpreting it, leading to erroneous results. The article concludes by offering judges and practitioners some suggestions for interpreting Chinese law in future US cases. Keywords: Chinese law; US courts; Article 277; deposition; cross-border discovery; Hague Evidence Convention; Chinese civil procedure.

scholarly journals Notational analysis in female grand slam tennis competitions

Kinesiology ◽  
2021 ◽  
Vol 53 (1) ◽  
pp. 154-161
Author(s):  
Alejandro Sánchez-Pay ◽  
José Antonio Ortega-Soto ◽  
Bernardino J. Sánchez-Alcaraz
Keyword(s):  
United States ◽  
Analysis Of Variance ◽  
The United States ◽  
Wilcoxon Test ◽  
Specific Training ◽  
Improve Performance ◽  
Test Analysis ◽  
Notational Analysis ◽  
Break Points ◽  
Post Hoc

Grand Slam tennis tournaments are played on different surfaces. The aims of the present study were to analyse the technical differences in the Grand Slam tournaments (Australian Open or AO, Roland Garros or RG, Wimbledon or W, and the United States Open or US), as well as to establish differences between winning and losing players. A total of 580 sets in 248 matches played in Grand Slams between 2017 and 2018 were analysed. To observe differences between the tournaments, a one-way analysis of variance (Kruskal Wallis) with the Bonferroni post-hoc test was performed. Univariate (Wilcoxon test) analysis of data was carried out to show the differences between the winning and losing performances of sets. Players who had more aces, points won on the 1st serve, winning shots and net points won more matches in the AO, W and US than in the RG (p<.05). However, in RG, players won more receiving points (43.56% of the points played) with chances to break the opponents’ service game. The results also showed that the winning players were superior in both service and receiving, and the most influential variables on the outcome of the match were percentage of receiving points won, break points won, and percentage of points won on the first serve. Such knowledge may have implications in the design of appropriate game strategies and specific training sessions to improve performance in professional women’s tennis.

scholarly journals Development of trade and economic cooperation between China and Russia in new geopolitical conditions

2019 ◽  
Vol 2 (51) ◽  
pp. 25-39
Author(s):  
A.V. Brizitskaya
Keyword(s):  
United States ◽  
Bilateral Trade ◽  
The United States ◽  
Agricultural Products ◽  
Political Life ◽  
Trade Relations ◽  
Cross Border ◽  
Modern Period ◽  
The World ◽  
Trade War

The article analyzes the trade relations between Russia and China in the modern period characterized by changes in the situation on the world stage and in the domestic political life of countries. The dynamics and commodity structure of bilateral trade of Russia and China have been studied, the Index of trade com-plementarity has been calculated, which showed that Chinese exports are more complementary to the structure of Russian imports than vice versa. Emphasis is placed on traditional trade in goods, excluding services and cross-border e-Commerce. The paper identifies two main directions which the development of Russian exports to China can take in the conditions of the "trade war" of China and the United States. The short-sighted policy of increasing only fuel and energy exports is justified. The reasons hindering the development of non-resource exports of Russia, primarily agricultural products and food, to China have been identified.

scholarly journals China’s AI experience: industrial digitalization

2020 ◽  
Vol 28 (3) ◽  
pp. 536-546
Author(s):  
Marina S. Reshetnikova
Keyword(s):  
Artificial Intelligence ◽  
United States ◽  
Global Economy ◽  
The United States ◽  
High Tech ◽  
Global Innovation ◽  
Innovative Products ◽  
Fundamental Research ◽  
The Moment

The rapid acceleration of scientific and technological progress, which started at the beginning of the 21st century, has become a decisive factor in influencing the global economy. Who will lead the global innovation race? This problem is especially relevant in the field of artificial intelligence (AI). At the moment, the United States and China are the main participants in the battle for dominance in this area. The author assesses Chinas innovative potential in the field of AI and identifies its achievements in this area. Based on the statistics provided, Chinas AI leadership has reached a critical point. China is confidently leading the new fundamental research of artificial intelligence, forming its theoretical base and applied research and development, which will contribute to the creation of new high-tech innovative products and services. However, in terms of the number and quality of AI specialists (AI Talents) and the number of companies engaged in AI, China is still lagging behind its main rival, namely the United States. The author proved that, despite the obvious successes of China, the United States still has an equal lead in the global innovation race.

scholarly journals The Influence of Logistics Mode on Cross Border E-commerce Business Scale

2021 ◽  
Vol 235 ◽  
pp. 03006
Author(s):  
Xiaohui Hu
Keyword(s):  
United States ◽  
Regression Analysis ◽  
The United States ◽  
Intermodal Transportation ◽  
Road Transportation ◽  
Cross Border ◽  
Logistics Mode ◽  
Transportation Logistics ◽  
The Impact

China’s cross-border e-commerce companies are facing the problem of high logistics cost caused by excessive reliance on road transportation in domestic logistics link. In the long-term development, crossborder e-commerce companies in the United States have adopted the intermodal transportation logistics mode, which can reduced the domestic logistics costs. In order to study the impact of intermodal-transportation logistics mode on the scale of cross-border e-commerce companies, this paper selects the relevant data of Hub Group, the first intermodal marketing company in North America, makes multiple regression analysis, and draws the following conclusion: the intermodal-transportation logistics mode of highway and railway collaborative transportation is conducive to the expansion of cross-border e-commerce business scale.

Sold—to the Highest Bidder in Japan: Operational Challenges and Culture

2015 ◽  
pp. 1-5
Author(s):  
Gerry Yemen ◽  
Kristin J. Behfar ◽  
Allison Elias
Keyword(s):  
United States ◽  
The United States ◽  
Japanese Firm ◽  
Cultural Norms ◽  
Exit Strategy ◽  
Cross Border ◽  
Start Up ◽  
Financial Benefits ◽  
Operational Issues ◽  
The U.S

Most talented executives can recognize when an acquisition has strategic or financial benefits, and in this case, the decision to be acquired was an appropriate exit strategy for a successful start-up. Peter Street’s start-up had been growing quickly and was building a reputation for reliability in a booming industry when a Japanese firm offered to pay a premium for the U.S. firm. Having done business in Japan (and extensively with the acquiring company) before the sale of his company, Street entered the acquisition with enthusiasm. As part of the deal, Street’s former company would continue to operate in the United States as a division of its parent company and Street would remain as CEO. A few months into the transition, however, Street discovered a huge difference between working with and working for the Japanese firm. Cultural norms for confronting seemingly small problems quickly became bigger operational issues, and Street experienced a growing dichotomy between corporate (in Japan) and his division (in the United States). This case focuses on the challenges of implementing a cross-border acquisition.

Foreign experience in the organization of innovative development of the economy

2021 ◽  
pp. 28-39
Author(s):  
V.A. Shumaev ◽  
N.A. Divueva ◽  
N.A. Lukasheva
Keyword(s):  
United States ◽  
Technology Transfer ◽  
The United States ◽  
High Tech ◽  
Innovative Development ◽  
Asian Countries ◽  
High Tech Industry ◽  
Foreign Experience

The article summarizes the experience of the United States, Germany and Asian countries in creating and organizing the development and functioning of innovative systems, technology transfer, building a high-tech industry, which is advisable to use in Russia.

Mexico

2019 ◽  
pp. 67-96
Author(s):  
Yossi Harpaz
Keyword(s):  
United States ◽  
Recent Trend ◽  
The United States ◽  
Upper Class ◽  
Easy Access ◽  
Insurance Policy ◽  
Cross Border ◽  
Dual Nationality ◽  
Strategic Acquisition ◽  
A Site

This chapter studies the growth in U.S. dual nationality in Mexico, and specifically the phenomenon of strategic cross-border births. This involves middle- and upper-class Mexican parents who travel to the United States to give birth, aiming to secure U.S. citizenship for their children. The families who engage in this practice typically have little interest in emigrating. Instead, they mainly view the United States as a site of high-prestige consumption and wish to provide their children with easy access to tourism, shopping, and education across the border. The American passport is also an insurance policy that allows easy exit at times of insecurity in Mexico. This strategic acquisition of U.S. dual nationality by upper-class Mexicans can be juxtaposed with another recent trend: the deportation of hundreds of thousands of Mexican undocumented immigrants, who take their U.S.-born children with them to Mexico. For the former group, dual nationality is voluntary and practical; for the latter, it is an imposed disadvantage.

Sign in / Sign up

Export Citation Format

Share Document