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1 – 4 of 4A new time‐domain reflectometry measurement method is described that provides accurate measurements of the average high‐frequency (0.1GHz ‐ 10GHz) dielectric constant of printed…
Abstract
A new time‐domain reflectometry measurement method is described that provides accurate measurements of the average high‐frequency (0.1GHz ‐ 10GHz) dielectric constant of printed wiring board materials and is suitable for “factory floor” use. A parallel‐plate transmission line is used for the sample geometry. Only simple numerical processes are required to extract the characteristic impedance and dielectric constant of the sample from the acquired data. The long‐term measurement reproducibility and short‐term measurement repeatability of the method are described.
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As the war on terrorism escalates, police agencies are using technologies that electronically scan individuals, structures, and vehicles to identify things hidden from public…
Abstract
As the war on terrorism escalates, police agencies are using technologies that electronically scan individuals, structures, and vehicles to identify things hidden from public scrutiny. These machines create new socio‐technical systems for police and citizens. Public policy gaps evolve when new systems give police sensory capabilities that fall outside existing procedural standards such as probable cause and reasonable suspicion. Mobile digital terminals are now common, but are also abused by police officers who run queries on vehicles without articulate suspicions. New technologies such as passive millimeter imaging that permit “X‐ray”‐like examination of individuals and structures create more potential for abuse. As these new technologies diffuse among police agencies, policies should be guided by questions about whether technologies work as designed, whether they are effective, and whether they accomplish anti‐terrorist and crime control objectives. Traditional rules for wiretapping can offer models for operating policies for the new scanning and imaging technologies.
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Scholars have been conducting serious research on the human, organizational, and cultural aspects of mergers and acquisitions (M&A) for 30 years. Yet, over this period, there have…
Abstract
Scholars have been conducting serious research on the human, organizational, and cultural aspects of mergers and acquisitions (M&A) for 30 years. Yet, over this period, there have only been modest improvements in the M&A success rate. In this chapter, the author examines corporate combinations, describes how human factors contribute to their failure or success, and identifies key research questions whose answers can help to improve the M&A success rate in both financial and human terms. The author proposes research questions for the key phases of a deal, including buying a company and putting companies together. And, reflecting an emerging trend among some frequent acquirers to build an internal competence in M&A execution, the author also proposes research questions for how to accelerate the process of learning from past combinations to better manage future ones.
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Nina T. Dorata and Steven T. Petra
This study seeks to examine whether CEO duality further exacerbates CEOs' motivation of self‐interest to engage in mergers and acquisitions to increase their compensation.
Abstract
Purpose
This study seeks to examine whether CEO duality further exacerbates CEOs' motivation of self‐interest to engage in mergers and acquisitions to increase their compensation.
Design/methodology/approach
Regression tests using CEO compensation as the dependent variable, and CEO duality, firm size and firm performance as independent test and control variables. The regression tests are used for various sub‐samples of the firms, those that merge and those that have CEO duality.
Findings
The results indicate that for merging firms CEO compensation is positively associated with firm size. However, this association is unaffected by CEO duality. For non‐merging firms, the results indicate that CEO compensation is positively associated with firm size and firm performance. CEO duality moderates the positive association between CEO compensation and firm performance.
Research limitations/implications
This study is limited to the extent that it does not observe the deliberations of compensation committees in their setting of CEO compensation, but only examines the outcomes of those deliberations. A future area of research is to examine compensation schemes of merger/acquisition CEOs in the context of other government structures, such as board independence and composition.
Practical implications
Shareholders who desire to keep CEO compensation levels positively associated with firm performance may consider supporting the separation of the positions of CEO and Chairperson of the Board.
Originality/value
This study contributes to the literature by concluding that governance structure influences CEO compensation schemes and CEOs of merging firms command higher compensation in spite of governance structure and firm performance.
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