Role of corporate governance in operating performance enhancement of mergers and acquisitions in Pakistan
The present study investigates the relationship between corporate governance profile of acquiring firms and operating performance changes associated with merger and acquisitions in Pakistan. The financial sector mergers and acquisitions have been selected as sample transactions for the period of 1996 to 2008 and two years pre- and post-merger analysis has been conducted by using OLS regression. The estimated results indicated that post-merger operating performance of acquiring firms is positively related to its pre-merger level. Moreover, board size and CEO duality are negatively while board independence, outside dominated boards, and presence of large independent blockholder are positively related to change in post-merger operating performance of acquiring firms in Pakistan. The results were also robust with an alternative dependent variable of change in market value of acquiring firms. The results from replaced dependent variable were found to be more strong and cohesive with corporate governance profile of acquiring firms. Aligned with the existing literature, the study concluded that effective corporate governance mechanism does play its role in aligning the interests of managers with shareholders and enhances value for firms, particularly in large scale transactions of mergers and acquisitions.
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Simulation of IR and Raman spectra based on scaled DFT force fields: A case study of 4-nitro-o-toluidine, with emphasis on band assignment
The FT-IR and FT-Raman spectra of 4-nitro-o-toluidine (4NOT) were recorded in the region 4000–400 cm?1 and 4000–100 cm?1 respectively. Quantum chemical calculations of energies, geometrical structure and vibrational wavenumbers of 4NOT were carried out by density functional theory (DFT/B3LYP) method with 6-31G* and 6-311+G** basis sets. The difference between the observed and scaled wavenumber values of most of the fundamentals is very small. The values of the total dipole moment (?) and the first order hyperpolarizability (?) of the compound were investigated. The calculated results show that 4NOT have non-linear optical (NLO) behavior. A detailed interpretation of Infrared and Raman spectra of 4NOT is also reported. The calculated HOMO–LUMO energy gap shows that charge transfer occurs within the molecule. Electronic excitation energies, oscillator strength and nature of the respective excited states were calculated by the closed-shell singlet calculation method for the molecule.
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Sources of stress in academe: A study on the universities of Punjab
Teaching is found to be a stressful occupation and educators around the globe are experiencing hi- levels of stress (Dinham, & Scott, 1998; Gmelch, 1993; Kyriacou, 2001). In 2000, Wiley reported that the consequences of job stress can take the form of behavioral characteristics like Disturbing the interpersonal relationships or decrease in the work performance. The study is conducted to find the sources of stress at Higher Education in Punjab. For the Purpose, 289 full-time faculty members were selected to identify the stressors generating high stress from 12 Public and Private Universities of Punjab. The study revealed that the sources of stress vary significantly with respect to Gender. Also, it checks the association & significant difference of faculty job stress with respect to background variables like Age, Designation, salary etc. Finally an analysis on the stress coping strategies was also carried out on the basis of Gender.
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Speech recognition - A computer mediated approach
The computer revolution is now well advanced, but although we see a starting preparation of computer machines in many forms of work people do, the domain of computers is still significantly small because of the specialized training needed to use them and the lack of intelligence in computer systems. In the history of computer science five generations have passed by, each adding a new innovative technology that brought computers nearer and nearer to the people. Now it is sixth generation, whose prime objective is to make computers more intelligent i.e., to make computer systems that can think as humans. The fifth generation was aimed at using conventional symbolic Artificial Intelligence techniques to achieve machine intelligence. But it failed. Statistical modeling and Neural Networks falls in really sixth generation. The goal of work in Artificial Intelligence is to build the machines that perform tasks normally requiring human intelligence. Its true, but speech recognition, seeing and walking doesn’t require “intelligence”, but human perceptual ability and motor control.
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Spirit transduction
Transduction the alight of God`s essence on special people, and people who believe in it are called hlulyeh or transductionalism. This belief is one of Alhaq significant principles that believe in God`s transduction into seven holy bodies. Transductionalism has been divided into different branches and the oldest person who dealt with spreading these thoughts was Abdullah son of Sbast who believed in Ali`s divinity. In Islamic insight all of viewpoints that to some extent perceive God as an transductioner into natural creatures or into some of people is completely inoperative and off cast and most of mystics and sufis consider it incorrect and in conflict with God`s existence unity, and believe that transduction and dichotomy are dissimilar with unity and this unhallowed belief is originated from Hindi and Zoroastrian religions that has come to verity ethic.
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Stark effects on the nonlinear optical properties of exciton in a strained GaxIn1-xAs/GaAs quantum dot
Electric field induced heavy hole excitons in a strained GaxIn1-xAs/GaAs quantum dot are studied by considering geometrical confinement. The exciton binding energy and some nonlinear optical properties in the presence of electric field are discussed. Calculations include the anisotropy, non-parabolicity of the conduction band, strain effects and the spatial confinement. A cylindrical dot of GaxIn1-xAs surrounded by a GaAs barrier material with the constant Ga alloy content, x =0.2 is taken as the model. The exciton binding energy is found within the framework of the variational technique and the nonlinear optical properties are performed using matrix formulism. It is shown that the electronic and optical properties are strongly dependent on the application of electric field.
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Studies on sex ratio of freshwater prawn Macrobrachium scabriculum (heller – 1862) from the river Cauvery, Thanjavur, Tamilnadu, India
The River Cauvery is one of the major perennial river in the peninsular India. Which originates from Coorg District, Karnataka and flows through Tamilnadu state and enters into Bay of Bengal. The firshery resources are high in the River Cauvery. In the present investigation the sex ratio of Macrobrachium scabriculum was estimated for the period of two years from July 2010 to June 2012. A total of 1474 prawns, the males were 729 and females were 745. The overall sex ratio of males and females were found to be 1:1 ratio. The chi-square (x2) test analysis indicated that the value slightly deviated from the expected 1:1 ratio in the two years. The females were predominant in several months of the study period. Level P confidence for whole year has no significant deviation from the expected 1:1 ratio. The pooled data for both the years conformed to the expected 1:1 ratio. Physico-chemical factors of the aquatic environment either directly or indirectly influence the sex ratio. The preponderance of female in all the months than males. The predominance of female may poachaps be due to the continuous breeding habits and possible migration of females towards the river.
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Study relationship between usage marketing metrics from innovation view and achievement of objective for customer relationship management based on Gartner’s model
The aim of this research was to investigate the relationship between marketing metrics from innovation view and achievement of objective for customer relationship management is based on Gartner's model in Isfahan’ city Sepah Bank. The theoretical framework was provided based on Gartner’s model In this study was surveyed by a questionnaire includes 61 item for samples of 160 managers and assistants in Sepah bank. The main idea of this paper is whether marketing metrics from innovation view and achievement of objective for customer relationship management are related? This study method is applied research from purpose view and descriptive survey method of field research. The model was tested by using LISREL and SPSS software. The results show a direct and positive relationship between marketing metrics from innovation view and achievement of objective for customer relationship management (two sides). According the research findings are related between components of metrics Innovation (New services, New services launches, Satisfaction from new services, Revenue of new services) and customer relationship management. However, There is no relationship between revenue of new services and customer relationship management. The value fitted indexes of the model (GFI=0.91 and AGFI=0.89) is Indicative the suitability of the model.
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Studying the influence of information and communication technology on human resource productivity
The purpose of writing the current paper is to survey the influence of information and communication technology (ICT) on human resource productivity (HRP). First of all, by applying Chi-square test, the relationship between ICT with human HRP and its indices was proved. After that by applying Average test, the variables levels were calculated in which all of them except “creativity and innovation” were placed in favorable places. Finally by utilizing one of new MCDM techniques (fuzzy TOPSIS) the indices were prioritized in which “human resource management, planning and improvement”, “cooperating in supply chain to create added value for customers” and “evaluating some methods for risks accountability” were selected as the top ones.
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Synthesis, Characterisation, DNA-Binding Studies and antimicrobial activity of Copper (II) Complex with 1,10 Phenanthroline, L-Tyrosine and Thiosemicarbazide as Ligands
A copper complex of the type [Cu(Phen)(L-Tyr)(TSC)](ClO4), where Phen = 1,10 Phenanthroline, Tyr = Tyrosine and TSC = Thiosemicarbazide, was synthesised and characterised by elemental analysis, IR, conductivity measurement and EPR studies. DNA-binding properties have been studied by electronic absorption, emission, viscosity and cyclic voltametric methods. The results suggest that the copper(II) complex bind to DNA via different modes. Gel electrophoresis study reveals the fact that the copper complex cleaves super coiled pBR 322 DNA to nicked and linear forms in the presence and absence of ascorbic acid. The in vitro antimicrobial study indicates that the complex has good activity against gram positive, gram negative bacteria and fungus.
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