Dissertations / Theses on the topic 'Synergy for performance'

This thesis develops a new theoretical perspective (i.e., the resource synergy perspective) to explain how women in the workforce may help improve organization performance. Drawing upon this theoretical perspective, I study how women, as an important strategic human resource, can be better utilized with the resource synergy generated between women resources and certain synergy-relevant variables. Among the synergy-relevant variables, this perspective highlights the importance of organization strategy and leadership, because these two variables are developed based on organizational resources and should be contingent on the environmental and situational factors that are partly uncontrollable by an organization. In addition, the roles of organization culture as a type of environmental factor and task characteristics as a situational factor are also considered. To realize the research goals, I conduct two studies at different levels. In study 1, I propose that organizations can take advantage of women resources by increasing the proportion of women in the employees at the macro level. Moreover, I propose that organization strategy, culture, and task characteristic have coordinative and supportive effects on the increase of the proportion of women, leading to the generation of resource synergy. Specifically, I seek to prove that, with the coordination and coherence of these synergy-relevant variables (i.e., customer-oriented strategy), the culture of collectivism, and task complexity, women‘s resources can be better utilized. Thus, the generated synergy can bring greater competitive advantages for organizations and thus lead to higher organization financial performance. In study 2, I proceed to suggest that making full use of women resource at the micro level is also important. The resource synergy perspective provides a new explanation for the roles of inequality and leadership in the utilization of women resources in organizations. This study proposes that women‘s inequality perceptions have negative effects on their performance in organizations, thus preventing organizations from making full use of its important strategic resources and generating synergy. With these damaging effects, it is difficult for an organization to make full use of women resources and achieve competitive advantages. However, with a high level of leader-member exchange (LMX), which indicates high quality in leader-member relationships, female employees may still have the motivation to perform well. Thus, the negative effects of inequality can be attenuated and women resources can be better utilized with the synergistic effects of LMX. To test the above hypotheses, I conduct two empirical studies in China. The sample of study 1 includes 132 organizations from the service industry. Results of the hierarchical regression analysis support the positive effects of increasing the proportion of women on the organization‘s return on assets (ROA) but fail to support its positive relationship with market growth. The results also reveal that organization synergy-relevant variables such as customer-oriented strategy, the culture of collectivism, and task complexity do generate synergy with women resources. In other words, with the existence of these variables, the positive effects of the proportion of women on ROA and market growth are both enhanced. Study 2, which is conducted in organizations from four industries in China (i.e., chemistry, electronic, manufacturing, and hospitality), consists of 190 female employees and 51 matched leaders. Results of the hierarchical regression analysis show that organization inequality is negatively related to women‘s job-related performance and positively relates to their turnover intentions. In addition, LMX is found to positively moderate the effects of inequality on women‘s job-related performance and negatively moderates the effects on their turnover intentions. At the end of this thesis, the research‘s theoretical and managerial implications are discussed. This thesis makes six contributions to the literature: 1) It is among the first to specify that women are a type of strategic resource for organizations and provide systematic investigations on how to make full use of this resource. 2) This research deepens the understanding of women as a type of resources by identifying certain boundary conditions; i.e., the synergy-relevant variables. 3) This research develops a new perspective (i.e., the resource synergy perspective) to study the utilization of women as a strategic resource for organizations at multi levels. 4) This research should extend the literature of culture by identifying the role of collectivism in making use of women as a resource. 5) This research can also add to the literature of leadership by examining the role of LMX in making use of women resources. 6) This research provides a new theoretical perspective for the relationship between employees‘ inequality perceptions and their job performance. In addition to the theoretical implications, this research also provides useful knowledge for the management in organizations. First, based on the research findings, organizations should provide equal opportunity in employment for women and include more women in the workforce. Second, it is also critical to retain the existing female workforce through better talent management, thereby providing a work environment supporting the utilization of women resources. Based on the synergy relevant variables examined in this research, organizations should pay attention to their strategy, culture and task characteristics. It is important for organizations to consider about whether their culture supports the utilization of women resources or not. By the culture of high collectivism, organizations can provide a favorable work environment where women are more likely to be accepted and respected. Moreover, a strategy of customer orientation is beneficial for women resource to be deployed fully. Also organization should pay attention to place women in appropriate tasks. Third, this research highlights the importance of women‘s individual performance in realizing their value in organizations. It is vital for organizations and managers to improve women‘s equality perceptions within organizations. Moreover, managers and organizations should take measures to enhance the quality of leader-subordinate exchange relationship. Moreover, the strength and limitations of this research are also discussed. The research has several strengths. First, this research is theory-driven. Second, I conduct two empirical studies at multi-levels to address the issue of making full use of women in organizations. Third, the sample size is large in both studies (study 1, 132 organizations; study 2, 190 female employees and 51 matched leaders). Fourth, the threat of common method bias is further minimized because I collect the data of study 2 from both employees and their immediate supervisors. Fifth, I adopted the appropriate approaches to analyze the data and test the hypotheses. Finally, I try to suggest possible directions for future research on the utilization of women resources in organizations. Keywords: utilization of women resources, the proportion of women, inequality, resource synergy, performance

The main aim of this study was to test and ascertain, objectively, theexistence/occurrence of the phenomenon of Synergy in teams. To do this, the results of anonline course in Umea University, where students are invariably required to do a bunch ofindividual as well as team assignments, were analysed: the idea was to compare the marksobtained by the students in their team assignments with their marks in their individualassignments and to check if there was a reasonably good number of instances where the teammark was higher than the highest individual mark in that particular team. The basicassumption was that in case the team mark of a team was higher than the highest individualmark in that team, then, it can be presumed that synergy has taken place in that team for thatparticular team assignment. And, given a reasonably large sample of teams, it would beinstructive to see what percentage of groups/teams actually show synergy. In case a goodnumber of teams show such results then we could conclude that there was objective evidencein favour of the synergy. In case our analysis brought to fore such results then it would benatural to take the study one step ahead and test a broad causal relationship of synergy withthe complexity/difficulty of task at hand.After analysing the results of about 387 students, who worked in about 104 teams, itwas found that about 69.23% teams scored higher than the highest scoring individual; 93.26%teams faired better than the average score of team members; and, 98.07% teams can be said tohave performed better if compared to the lowest individual score.Further, one level below, when team-score and individual-score were compared acrossdifferent team and individual tasks (Case Studies), it still came to fore that teams hadoutperformed the individuals. And, when a single student’s marks in his team assignmentswere compared with his marks in his individual assignments, in five out of six comparisons itwas found that the team mark was convincingly higher than the individual mark.All these results strongly indicated the existence/occurrence of synergy in teams.In addition to this, an experiment on two teams of students was also performed toshow that synergy was more likely to happen if the task at hand was complex/ difficult. Theresults of this experiment seemed to corroborate the contention of the researchers.Keywords: Project Management, Team, Team Work, Individual work, Synergy

Empirical research findings on the consequences of post-M&A performance have generated several result, although most of which are inconsistent. The relation of such post-M&A performances to non-listed and listed companies can be relative especially when considering the companies economic and financial structure and other prevailing factors associated to the host country. However, most of these have been attributed to the choice of performance measurement indicators. This paper analyses and evaluates existing performance indicators that have been employed in the literature. It is argued that to overcome the limitations found in financial indicators of performance, a need to pursue multiple measures of performance in post-M&A research is needed. It also argues that the motives for the transaction should also be included as performance indicators. This hybrid approach will allow researchers and practitioners to measure the overall success of merger and acquisitions.

Les recherches antérieures ont montré que le management de la qualité (MQ) et l’orientation marché (OM) se complémentent pour produire un effet synergique sur la création et la livraison de la valeur, la satisfaction du client et la performance. Toutefois, cette littérature souffre d’un certain nombre de limites, elle est plus prédominée par des recherches conceptuelles, se focalise davantage sur le management par la qualité totale en négligeant les autres modèles du MQ et ne prend pas en considération l’innovation. En se basant sur la théorie des capacités dynamiques, le principal objectif de cette thèse est de pallier ces gaps en étudiant les effets du MQ (ISO 9001), l’OM et leurs synergies sur l’innovation produit. Aussi, nous étudions si ces effets synergiques sont modérés par les motivations pour la certification ISO 9001 et l’incertitude de l’environnement. En suivant une méthodologie mixte à dominance quantitative, nous avons testé un modèle structurel, selon l’approche PLS-SEM, examinant les relations hypothétiques entre MQ (ISO 9001), OM responsive et proactive et innovation produit incrémentale et radicale sur 130 entreprises marocaines certifiées ISO 9001 ayant introduit des innovations produit sur le marché. Les résultats révèlent que le MQ (ISO 9001) et l’OM se renforcent mutuellement pour améliorer l’innovation produit. En particulier, nous constatons que le MQ (ISO 9001) et l’OM responsive ont un effet synergique positif sur l’innovation produit incrémentale, et le MQ (ISO 9001) et l’OM proactive ont un effet synergique positif sur l’innovation produit radicale. Ces effets sont plus forts lorsque le niveau de l’incertitude de l’environnement est plus élevé. Nous avons discuté en détail ces résultats ainsi que leurs implications
Previous research has shown that quality management (QM) and market orientation (MO) complement each other to produce a synergistic effect on value creation and delivery, customer satisfaction and performance. However, this literature suffers from several limitations, it is more predominantly conceptual, focuses more on total quality management while neglecting other QM models, and does not consider innovation. Based on the dynamic capabilities theory, the purpose of this thesis dissertation is to overcome those gaps by studying the effects of QM (ISO 9001), the responsive and proactive MO and their synergies on incremental and radical product innovation. Also, we study whether these synergistic effects are moderated by the motives behind ISO 9001 certification and the environmental uncertainty. Using a mixed methodology dominated by a quantitative approach, we tested a structural model, using the PLS-SEM approach, examining hypothetical relationships between QM (ISO 9001), responsive and proactive MO, and incremental and radical product innovation over 130 Moroccan companies certified ISO 9001 having introduced product innovations on the market. The results reveal that QM (ISO 9001) and OM are mutually reinforcing to improve product innovation. In particular, we find that MQ (ISO 9001) and responsive MO have a positive synergistic effect on incremental product innovation, and QM (ISO 9001) and proactive MO have a positive synergistic effect on innovation radical product. These effects are stronger when the level of environmental uncertainty is higher. We discussed in detail these results and their implications

Cette thèse de doctorat s’intéresse aux mécanismes d’amélioration des transferts dans des géométries de dissipateurs thermiques à plaques et ailettes. Une première partie est consacrée à l’étude d’une configuration académique à l’aide de simulations numériques visant à obtenir une amélioration du transfert de chaleur conjugué en modifiant uniquement par des découpes la forme géométrique des ailettes planes conductrices. Une analyse locale approfondie de l’écoulement et des champs thermiques a été effectuée avec notamment le principe de synergie locale, des champs de vitesse et de gradients thermiques, pour comprendre l’effet des modifications géométriques. Ce mémoire présente également le développement de dissipateurs aux performances thermo-aérauliques augmentées pour des applications de refroidissement de coffrets électronique embarqués. L’intensification des transferts thermiques est obtenue par la génération d’écoulements secondaires qui provoquent un brassage de fluide et réduisent la résistance thermique à la paroi en perturbant le développement de la couche limite thermique. Différentes configurations de dissipateurs avec deux types de générateurs d’écoulements secondaires, paires d’ailettes Delta et protrusions, ont été étudiées numériquement, en employant une modélisation de type « RANS ». Les performances thermo-aérauliques des géométries munies de générateurs de vorticité ont été comparées à celle d’un dissipateur thermique de référence « lisse ». Des prototypes ont également été fabriqués et testés sur un banc expérimental spécifiquement développé pour réaliser des mesures des performances globales en termes de puissance thermique et de pertes de charge. Les résultats expérimentaux et numériques ont été confrontés afin de qualifier les simulations réalisées. Par la suite, une étude d’optimisation employant l’analyse factorielle Taguchi a été utilisée afin d’optimiser les paramètres géométriques des dissipateurs retenus. Deux fonctions objectif ont été considérées : la maximisation du facteur de performance thermique à iso puissance de ventilation (PEC) et la réduction de la température moyenne de paroi du dissipateur par rapport au cas de référence. L’analyse des performances thermo-aérauliques globales des géométries étudiées a été complétée par une analyse qualitative locale des champs thermiques et d’écoulement notamment avec le principe de synergie
This doctoral thesis focuses on mechanisms of heat transfer enhancement in plate and fin heat sink geometries. First part of the thesis is dedicated to study an academic configuration using numerical simulations to achieve an improvement in conjugate heat transfer by modifying only the geometrical shape (through punching) of the conductive plane fins. An in-depth local analysis of the flow and thermal fields was carried out with the local synergy principle, velocity and thermal gradients, to understand the effect of geometric modifications. This thesis also presents the development of heat sinks with increased thermo-hydraulic performance for on-board electronic box cooling applications. The intensification of the heat transfer is obtained by the generation of secondary flows which cause an intensive mixing of fluid and reduces the thermal resistance to the wall by disrupting the development of the thermal boundary layer. Different heat sink geometries with two types of secondary flow generators : delta winglet pair and protrusions were numerically studied using RANS approach. The thermo-hydraulic performances of the geometries equipped with vortex generators were compared with that of a smooth reference heat sink. The prototypes were also manufactured and tested on an experimental bench specifically designed to perform global performance measurements in terms of thermal power and pressure drops. Experimental and numerical results were compared to qualify the simulations performed. Subsequently, an optimization study using Taguchi factorial analysis was used to optimize the geometrical parameters of the chosen dissipaters. Two objective functions were considered : maximization of either iso-pumping power performance criteria (PEC) or average wall temperature of the dissipaters compared to the reference case. The global thermo-hydraulic performance analysis of the studied geometries was completed by a qualitative analysis of local flow and thermal fields, in particular with the local field synergy principle

Denna rapport är resultatet av ett examensarbete utfört vid Institutionen för industriell och ekonomisk utveckling vid Linköpings universitet på uppdrag av konsultbolaget Sustainia AB. Lean produktion, ofta benämnt Lean, har det senaste decenniet blivit en allt mer attraktiv produktionsfilosofi för att minska kostnader och öka kundnöjdhet genom förbättrad leveransservice och effektivare flöde. Ett flertal författare har påpekat att införandet av Lean direkt kan förbättra ett företags miljöprestanda, främst till följd av det minskade slöseri som Lean avser ge upphov till. Vidare finns studier som visar att vissa möjligheter till förbättringar och kostnadsbesparingar riskerar att gå oupptäckta om verksamheten ses ur ett strikt Lean-perspektiv. Med ett miljösynsätt finns dock chans att dessa blir upptäckta. Detta indikerar att såväl kostnads- som miljömässiga fördelar kan nås genom en integration av arbetet med Lean och miljöaspekter.

Syftet med detta examensarbete har varit att undersöka hur ett företags arbete med Lean respektive miljöaspekter påverkar varandra för att ta reda på om och hur väl de båda arbetssätten skulle kunna fungera tillsammans. Om det visade sig att en integration av Lean och miljö vore möjlig och fördelaktig ur affärsmässig synvinkel skulle sedermera ett förslag tas fram på hur en sådan modell skulle kunna se ut. Arbetets syfte har uppfyllts genom en kombination av litteraturstudier och intervjuer. Fyra svenska företag som arbetar enligt Lean och även har ett uttalat aktivt miljöarbete intervjuades gällande sitt sätt att arbeta med Lean och miljöfrågor samt hur de såg på en eventuell integration av de två arbetssätten.

Utifrån resultaten från litteratur- och intervjustudien kan konstateras att flera av grundtankarna inom såväl Lean som miljöarbete stöder varandra. Inom båda arbetssätten ses kontinuerliga förbättringar och eliminering av slöseri som viktiga inslag, och båda främjar en organisationskultur där personalen uppmuntras att lösa problem och förbättra företagets prestation. Vissa enskilda verktyg inom Lean riskerar emellertid att ha en negativ inverkan på företagets miljöprestanda, något som i många fall dock kan avhjälpas genom god planering.

Till ett företags miljöarbete kan Lean bidra med ett proaktivt förhållningssätt och strukturerat arbetssätt och därmed få organisationen att arbeta mer förebyggande och långsiktigt med miljöfrågor. De intervjuade företagen ansåg att Lean generellt hade en positiv inverkan på deras miljöarbete, även om de inte hade gjort någon utvärdering av hur arbetet med Lean påverkat deras miljönyckeltal. De kvantitativa data som erhölls från litteraturstudien pekade på att arbete med Lean kan leda till en direkt minskning av företagets miljöpåverkan inom flera områden. Med utgångspunkt i dessa kvantitativa och kvalitativa data anser författarna således att det finns starka och tydliga tecken som visar på att Lean kan ha en positiv inverkan på miljörelaterade nyckeltal. Ett aktivt miljöarbete kan å sin sida bidra till arbetet med Lean genom att besparingsmöjligheter, som annars skulle riskerat att förbli oupptäckta, uppdagas.

Studien visade vidare att det inte bara är möjligt att integrera arbete med Lean och miljö, utan att en sådan integration dessutom har potential att vara fördelaktigt ur såväl ett ekonomiskt som ett miljömässigt perspektiv. En integrering kan minska risken för suboptimeringar, och synergieffekter kan erhållas som innebär att större framgångar kan uppnås än vad som skulle ha varit möjligt om arbetet med Lean och miljö hade bedrivits isolerat. Med vetskapen om att en integration är möjlig och har potential att vara fördelaktig ur företagsekonomisk och miljömässig synvinkel utarbetade författarna en modell för hur Lean och miljöarbete kan bedrivas integrerat. I samråd med Sustainia AB bestämdes att denna modell skulle kallas Green Lean, vilket således åsyftar en miljöanpassad, ”grön” form av Lean.

This report is the result of a master thesis written at the Department of Management and Engineering at Linköping University commissioned by the consultancy firm Sustainia AB.

Lean production, also known as Lean, has during the last decade increasingly become a more attractive production philosophy for decreasing costs and increasing customer satisfaction by improving customer service and obtaining more efficient production flows. Several authors have pointed out that Lean has the potential to directly improve the environmental performance of a company, mostly by decreasing waste generation. Further, there are studies showing that some possibilities for improvement and cost savings risk not being discovered if the operations are seen strictly from a Lean perspective. When an environmental perspective is included there is a chance that these improvements and cost savings are discovered. This indicates that both environmental and cost related advantages might be achieved by integrating the Lean approach with that of the environment.

The purpose of this master thesis was to investigate how the work with Lean and environmental aspects affect one another. If applying the two principles together was shown to be both possible and beneficial from a business point of view, the authors would propose how these two concepts could be integrated into a single model. A combination of literature studies and interviews were used to fulfill the purpose. Four Swedish enterprises, which work according to the Lean principles and also have an active environmental profile, were interviewed about their way of working with the two approaches, as well their views on an integration of these.

From the findings in this study the authors concluded that several of the fundamental concepts concerning Lean and environmental aspects support each other. Within both, continuous improvements and waste elimination are seen as important components, and they both support an organisational culture where the personnel are encouraged to solve problems and improve the performance of the company. Conversely the authors found that there is a risk that certain of the Lean tools risk having a negative influence on the company’s environmental performance. However, in many cases this can be avoided by proactive planning.

Lean can contribute to a company’s environmental work by its proactive approach, structured way of operating and long-term way of thinking. In general the interviewed companies regarded Lean as having a positive influence on their environmental work, even though none of them had carried out an evaluation on how their work with Lean affected their environmental key performance indicators. The quantitative data obtained from the literature study indicates that Lean can lead to a direct decrease of a company’s environmental impact within several areas. As a result of these qualitative and quantitative data the authors of this thesis have found clear indications showing that Lean might have a positive impact on environmental key performance indicators. An active environmental work can also contribute to the work with Lean. Potential cost saving, which might not have been discovered with the Lean perspective, can be revealed when the organisation is studied from an environmental point of view.

The study further showed that it not only is possible to integrate Lean and environmental work, but that it also has potential to be beneficial from both a business and an environmental standpoint. An integration of Lean and environmental issues can reduce the risk of sub optimisations, and synergies can be achieved, meaning that the two systems can accomplish more together than they would in isolation. With this knowledge, the authors composed a model for how Lean and environmental work can be practised and integrated. In consultation with Sustainia AB it was decided that this model should be called Green Lean, which hence refers to an environmentally favourable, “green”, version of Lean.

abstract: Educed Play is a performance installation that investigates spontaneity and the invisible communication that can exist in improvisation and collaborative play. The work unites the mediums of dance, drawing, music, and video through improvisational performances. The multimedia installation entitled Educed Play was presented in the fall of 2012. Inspiration came from the idea of relics created by ephemeral interactions, using improvisation as a means to performance, and working within a genuine collaboration. This document encompasses an overview of the project.
Dissertation/Thesis
M.F.A. Dance 2013

碩士
國立成功大學
企業管理學系
88
.In recent years, Taiwan has faced the impact from different respects domestically and internationally. In order to increase competition, merger and acquisition happens more often among the industry, especially among financial institutes. This work also studies the effect and influence of the merger and acquisition among banks and stock brokerages from the view of finance. The objects of the study are the banks and stock brokerages which have been engaging merger and acquisition. The time frame of the study is between 1991 and 1998. In measuring variables contributing to the performance and synergy of merger and acquisition, factor analysis is applied first to select the factor dimension, and then analyze on performance and synergy. The study shows that banks will attract consumers'''' deposits after merger and acquisition ,but no effect on synergy. There is no change on performance and synergy for non-publicly traded companies. After merger and acquisition, the solvency of publicly traded companies will decrease and the operating synergy will increase but happens only during the first one trough the third and the sixth. The merge synergy varies depending on whether the company is traded publicly or privately as well as types of business.

碩士
國立高雄第一科技大學
企業管理研究所
99
This research is trying to investigate how the partnership between core and satellite factories would affect the business performance under the concept of Synergy Development System in automobile industry. Most researches were done in qualitative way and focused on discussing how partnership could help the performance of core factories rather than satellite factories. Many researches about the partnership of Synergy Development System discussed from the aspects of supply chain management performance and factors which would affect supply chain performance. Contents are trying to find the main variable of the partnership. But there are no researchers conducting control experiment on the relationship between partnership and business performance. This research was based on four dimensions such as partnership, business performance, short term performance and long term performance according to the literature review. Control experiment was conducted on satellite factories located in the southern Taiwan to verify how the partnership would affect the satellite factories in the Synergy Development System. This research applied Principal Component Analysis to derive two new variables to replace the original variables such as information exchange, trust, partnership management, specific assets, partner asymmetry, center-factory performance, resource characteristics and strategic alliance. And to exam the relevance between the variables such as partnership and business performance. If the relevance are significant, which means the partnership variable able to explain the relationship well, and the variables rely and affect each other. For the correlation between the variables of partnership and the operation performance of satellite factories, the verification result showed that there is no significant relevance between the net profit margin and partnership. Besides considering partnership, the satellite factories need to achieve the goals of quality, cost, deliver and service to increase business performance and maintain the constancy of competition advantage. Belief is the most important in the partnership variables. The satellite factories recognized that partnership would affect short term operation performance more than in the long term.

碩士
國立中興大學
財務金融學系所
106
This study focuses on cross-border mergers and acquisitions (M&As) from the listed companies in the United States during the period 1990 to 2014.To explore the synergy sources of cross-border acquirers, we use the changes in operating cost ratio, R&D expenses, advertising expenses, and capital expenditures before and after the merger and acquisition as proxy variables to measure the strategic motives behind M&A. The Empirical results show that acquiring firms have significant negative cumulative abnormal returns in the long-run. Further, I find the long-run performance would be different due to different sources of synergy. I find that there is a positive impact on long-term abnormal returns when the operating costs decrease after the cross border M&A. In addition, the regression results show there is a significant positive effect on the abnormal return when the R&D expense increases. This effect, however, I expect that the possible reason is the economies of scale of the lower cost of R&D. Finally, I find that advertising expenses and capital expenditures have no significant effect on long-term performance. The long-term performance is better when the cross border M&A is horizontal and target is privately held. In sum, the post-merger integration and expected synergies might have different impact on the short-run performance in different countries. The acquiring firms should still focus on the initial strategy in the long run.

碩士
淡江大學
管理科學研究所企業經營碩士在職專班
96
The law of financial holding corporation was announced in July 2001. The formation of the financial holding company system was big transformation of monetary system for our country, and had huge influence to the financial market. The establishment of the financial holding company is to pursue its synergy in business management. However, its synergy of earnings is achieved through proper integration that the service activities of various subsidiary companies are operated in peak efficiency, and through: 1. Cross selling to increase revenue; 2. Resources sharing to reduce the cost of operation; 3. Capital efficiency effect to promote the investment return Thus, the business integration of various members in the group becomes the key factor that influences whether the business goal will achieve. This research uses the finance ratio analysis that has been widely utilized to study and discuss the operation performance of the financial holding companies, take return of equity (ROE) of shareholder as the foundation to derive each financial ratio variable, and then divide the financial holding companies into two groups based on the level of integration: one for financial holding companies with higher integration, and the other for those with relative lower integration to compare if there is significant difference in operation performance. The purpose is to understand the influence of business integration on operation performance of financial holding companies, providing management decision-making reference for the financial holding companies. The conclusion of this research indicates that business integration has generally positive effect on the financial holding companies. In addition, high integration also has positive contribution to the operation performance of the financial holding companies as explains separately as follows: First, the ROE of financial companies in the highly integrated group is better than those in the lower integrated group. Second, the financial holding companies in the highly integrated group have significance difference on mean value of examination of each financial ratio variable. Third, the trend charts of various financial ratio variables show that the performance of the financial holding companies in the highly integrated group have comparatively better than those in the lower integrated group. Fourth, the performance or the financial holding companies in the highly integrated group have comparatively have better than those in the lower integrated group in growth of each financial ratio variable in various seasons

碩士
國立臺北大學
企業管理學系
93
On the trend of financial globalization, every country in the worldwide removes of financial control. And international financial institutions have a trend with M&A and across trade in business. Currently domestic financial institutions have drastic competition. After joining WTO, domestic financial institutions face with competition from international financial groups. So the Government plans law of Financial Holding Company and executes in July, 2001. This research wants to study after the financial holding companies were formed, their performance become better or not and create synergy. The objects of the research are financial holding companies’ subsidiaries. Factor analysis is applied first to select the factor dimension, and then performance and synergy are tested by Wilcoxon Signed Ranks Test. All research results are as follows: after the bank industry joins the FHCs, capital ratio, loan to deposits ratio and operating expenses ratio are significantly different and other performance indexes aren’t different; the performance indexes of the sub security and insurance aren’t significantly different. In synergy: the sub banks don’t capture market synergy but capture financial synergy; the sub securities don’t capture market synergy and operational synergy, but capture financial synergy; the sub insurances don’t capture operational synergy and financial synergy, but capture market synergy.

碩士
國立屏東科技大學
財務金融研究所
96
In recent years, the word “M&A”is a very important issue. A firm has channels to expand. One is the internal expansion and the other is external expansion. However, M&A, the most popular way of the external expansion is the fastest one. In past, the most literature about M&A, such as, Kitching (1967)and Lubatkin (1983) focus on the general industry or financial industry in monopolistic competition market. The relative research focuses on the M&A in oligopoly market are few. Telecommunication industry revenue reached 317.6 billion in 2006 and belongs to the strategic industry in Taiwan. This study focuses on Telecommunication industry to study the impact of merger and acquisitions to synergy and performance for enterprise. I expect that the result can provide some implications to investor and enterprise. This study employs Mann-Whitney U to study the synergy and performance of M&A and use OLS to estimate coefficient of the impact factors. Then, ARCH-LM and VIF are used to measure heteroskedasticity and collinearity. Empirical results operating synergy and marking synergy are appearing show that in negative direction. Only financial synergy appears synergy. Financial structure has improved after M&A. Liquidity and growth worsen. Operating capacity and profitability exhibit inconsistency. In terms of factor of impacting, Financial Structure and Profitability are important factors in operating synergy, Growth is important factor in marking synergy and Financial Structure, Profitability and Growth are important factors in financial synergy.

碩士
崑山科技大學
機械工程研究所
99
Water is the most abundant component in the planet, its physical and chemical characteristics allows life in oceans, rivers, lakes, mountains, and all over the planet’s surface. It is the most important liquid to preserve life; even so it needs treatment to be drinkable. The Millennium Declaration Goals include a target to “Halve the proportion of people who are unable to reach or afford safe drinking water by 2015” Since long time ago, there has been recognized the relative importance of water quality, quantity, sanitation and hygiene not only to protect but also to improve health. In this work, the performance of a solar type box is evaluated as an alternative to water treatment technology at a household level. In order to analyze different conditions which the water can be warmed up inside the solar type box, several experiments carried out at Department of solar Energy laboratory, Kun Shan University, Tainan, Taiwan R.O.C. were performed with the main focus on E. Coli. These experiments demonstrated that hanging the water container inside the solar type box instead of placing it over the base, allows 40% more UV radiation and the same IR radiation. In relation to materials as a water container; plastic bag (polietilene), glass and PET suggested an efficiency of 75%, 50% and 45% respectively relative to IR, and 88%, 76.49% and 74.94% concerning to UV radiation. The SODIS method vs. solar type box experiment and conceptual analysis comparison indicated that the first one needs 4,800Wh of solar radiation and 16.61Wh of UV radiation to eliminate 99.99% of bacteria; the solar type box needs 1050Wh of total solar radiation and 7.39W.h of UV radiation to get the same results leading to an efficiency of 6.92% and. 52.82% when compare with the first method regarding IR radiation and 56.19% vs. 24.95% in relation with UV radiation. The Solar type box for water treatment is an option for the solution of the drinking water problem, financially viable and physically useful.

碩士
中國文化大學
國際企業管理研究所
87
In 1995 in Taiwan, the department of the treasury permitted the new bank into business bank industry. At that time, the bank industry began to suffer from stick competition in Taiwan. New banks enlarge the business positions so they merger with cooperate society of credit. In this study, we would test the business bank to merger the local corporate bank. That would increase the performance and synergy or not. After Wilcoxon Test analyzed, we found under conclusion: First, we used matched samples In the indexes of performance, Net income before tax/ income before tax, income before tax/ business income, income before tax/ numbers of employees, the rate of liquidity preparation, the growth rate of deposit, the growth rate of loan, the growth rate of investment had signification changes mergers and acquisitions. In the indexes of synergy, the profitability, market share and the ability of market monopoly have significant changes. Second, After and before terms of mergers, we compared with and concluded that: In the indexes of performances, own capital / risk asset, net income / asset, net income before tax / average net income, income before tax / numbers of employees, the rate of liquidity preparation, term deposits / total deposits, numbers of CP / term deposits, the interest sensitivity of asset / the interest sensitivity of liability, the growth rate of deposit, the growth rate of loans, the growth rate of investment have significant changes. In the indexes of synergy, business income, profitability, and the monopoly of market and market shares have significant changes.

碩士
雲林科技大學
財務金融系碩士班
96
The research uses the method of case research and takes the Yuanta bank as an example to discuss whether the synergy can be created and the operating performance of the subsidiary can increase as expected or not after the banks join the financial holding companies in bank industry , on the practical analysis of operating performance, we take capital adequacy ratio, asset quality, management ability, Earning ability, liquidity (CAMEL )to be the indicators of estimating the bank’s financial performance. On the practical analysis of merger synergy , we use the Tobin’s Q value to estimate the value of the company, and use the percentage of stock share which is hold by foreign institution to estimate the value of corporate governance .The result shows that , the operating Performance of Yuanta bank after joining Yuanta financial holdings: (1) the capital adequacy ratio decreases first ,and then increases insignificantly , but it can reach the normal level regulated by the law (2) the asset quality decreases instead of increasing insignificantly but the over loan ratio has decreased year by year (3) the management ability increases insignificantly but it can help to control the asset quality, increase the risk conscious ability and reduce the operating cost (4) the Earning decreases instead of increasing insignificantly, but the finance is healthy and the prospect of credit rank is stable (5) there is no significant difference for liquidity; the result of the merger synergy after Yuanta bank joins Yuanta financial holdings : (1) the two set of Tobin’s Q values used by two different formulations both increase insignificantly but the corporate value increase (2) the percentage of stock share which is hold by foreign institution increase insignificantly ,but the value of corporate governance increase .

abstract: Mergers and acquisitions (M&As) have been playing a very significant role in the capital market. Many companies regard mergers and acquisitions as an important way for their business expansion and transformation. This paper begins with a review of literature on firm’s motivations of and outcomes in M&A, and followed by a critical examination of three case studies of actual M&A transactions based on the insights provided from the literature review. For each case study, a firm’s motivations and related managerial initiatives for M&A activities were examined, followed by an assessment of the firm’s post M&A performance results. This allows the study to discerns the insights of why and how a firm proceed in its M&A transactions from its strategic intent to its post M&A managerial actions. Collectively, the results show that the key drivers for a firm’s M&A successes rest on a firm’s abilities to manage the M&A activities consistent with its strategic intent (e.g., creating synergies or transformation through diversification) and followed by its post M&A integration efforts in achieving its strategic intent.
Dissertation/Thesis
Doctoral Dissertation Business Administration 2018

博士
國立彰化師範大學
商業教育學系
100
According to the resource-based view, a firm’s competitive advantage is built on a set of strategically relevant resources. When a firm possesses resources which determine the efficiency and capability of an integrated functioning strategy, sustained competitive advantages will thus be attained and maintained; and firm performance will be in turn improved significantly. This study was to explore the relationships among knowledge-based human resource management (HRM) practice, knowledge-based organizational culture, information technology (IT) synergy, knowledge management (KM) capability and firm performance. The central concept of this study lied in KM capability which was designed as pivotal strategic management approach within a firm. Three predictors─knowledge-based HRM practice, knowledge-based organizational culture and IT synergy were hypothesized to positively influence KM capability and firm performance. The mediation effects through KM capability between three predictors and firm performance were investigated as well. This study was designed as an empirical quantitative research by adapting the research method of questionnaire survey. Thirty-one travel agencies contracting with airlines as wholesales and operating outbound group tours were selected as investigated samplings. Data collected from 327 respondents was analyzed by LISREL 8.8 and SPSS 18.0 for Window. A confirmatory factor analysis of structural equation model (SEM) was applied to test the research hypotheses and the measurement of structural model. The research results indicated that knowledge-based HRM practice and organizational culture had significantly positive influence on KM capability; knowledge-based organizational culture, IT synergy and KM capability had significantly positive influence on firm performance. The research results also supported that KM capability had the mediation effect in between knowledge-based HRM practice and firm performance. The study results were provided as references for academics with regards to the researches of travel industry concerning KM, HRM, organizational culture, IT and firm performance. Furthermore, the implications from research results were offered as references and recommendations for practitioners concerning strategic management in the related fields.

Since the reform and opening up in 1978, China's higher vocational education has flourished, and a large number of high-quality workers and highly skilled talents have been trained for the rapid development of China's economy and society. With the advent of industrial 4.0 eras, China has also opened a new journey to build a socialist modern country in an all-round way, and has also put forward higher requirements for the quality of higher vocational education. Teachers are the first resources of education, and the first priority of the development of education is the development of teachers. In order to improve the quality of higher vocational education, we must improve the quality of teachers in higher vocational education at first. At present, it has become an important issue that the quantity and quality of 'double-qualified' teachers cannot meet the needs of the development of higher vocational education in China. Therefore, it is of great significance to carry out the research on the development of human resources of 'double-qualified' teachers in higher vocational colleges, to explore the system and the effective development strategy of 'double-qualified' teachers in order to enrich the theory of vocational and technical pedagogy and meet the needs of the development of higher vocational education. The 'double-qualified' teachers in higher vocational colleges in this study are refer to the professional teachers who has good professional ethics, knowledge, ability, performance, and whose Professional and technical title in teachers and related profession is intermediate or above. In simple terms, the 'double-qualified' teacher of vocational education is a teacher who has both theoretical teaching and practical teaching capabilities. The development of human resources of 'double-qualified' teachers in higher vocational colleges refers to the activities of cultivating 'double-qualified' teachers, including formulating the policy of cultivating 'double-qualified' teachers, encouraging teachers to obtain the qualification of 'double-qualified' teachers, and carrying out the training planning and training activities of 'double-qualified' teachers. Higher vocational colleges in Guangxi, China are taken as the main research object the research literature approach, survey approach and comparative approach are used in this study. Through the investigation, it is found that there are four main problems in the development of 'double-qualified' teachers in Guangxi higher vocational colleges, that is, the number of 'double-qualified' teachers is insufficient, the quality is not high, the professional distribution is uneven, and the development speed is slow. After an in-depth analysis of the existing problems, it is found that there are 28 main reasons that affect the human resource development performance of the 'double-qualified' teachers in the higher vocational colleges in Guangxi. Based on the theory of human resource development, system theory, and synergetics, 'Double-qualified' Teachers' Development Synergetics is constructed in the paper. A new viewpoint is put forward, that is, the development of 'double-qualified' teachers is a systematic project. This paper reveals that the development of 'double-qualified' teachers needs the cooperation of government, school and enterprise, which provides theoretical guidance for guiding the development of 'double-qualified' teachers. The Evaluation Index System of Double-qualified Teachers' Development in Higher Vocational Colleges is constructed by means of analytic hierarchy process (AHP), which is composed of 19 indexes at 4 levels and provides a scientific and practical tool for judging the development performance of 'double-qualified' teachers in Guangxi higher vocational colleges. In order to learn from the advanced experience in the world, this paper makes an in-depth study on the training of vocational education teachers in Germany, and obtains five enlightenments. First, the 'double-qualified' teachers are the foundation in vocational education. Second, legalization is the institutional guarantee for the development of 'double-qualified' teachers. Third, the close cooperation between the government, colleges, guilds and enterprises is the organizational guarantee for the development of 'double-qualified' teachers. Fourth, duality (universities and enterprises) is a scientific method for the development of 'double-qualified' teachers. The study of vocational education is the guide to the development of vocational education teachers in Germany. On the basis of the above research, this paper puts forward 35 countermeasures and suggestions to improve the development performance of 'double-qualified' teachers in Guangxi higher vocational colleges. The innovation of this study is mainly manifested in two aspects: First, it constructs 'Double-qualified' Teachers' Development Synergetics', a theory of guiding the development of 'double-qualified' teachers. This paper preliminarily expounds five principles of collaborative development of 'double-qualified' teachers. Second, it is the innovation of application tools. A 4-level, 19-index evaluation index system for the development of 'double-qualified' teachers in higher vocational colleges is constructed by using analytic hierarchy process (AHP), which provides a practical tool for correctly guiding the development of 'double-qualified' teachers in higher vocational colleges and scientifically judging the development performance of 'double-qualified' teachers in higher vocational colleges. There is a lot of content in the research on the development of human resources of 'double-qualified' teachers in higher vocational colleges. Although some achievements have been made in this study, there are still many shortcomings, which need to be further studied. For example, the enrichment and perfection of 'Double-qualified' Teachers' Development Synergetics, the application and popularization of the Evaluation Index System of 'Double-qualified' Teachers' Development in Higher Vocational Colleges, and so on. Let us work together to make more contributions to the construction of 'double-qualified' teachers in higher vocational colleges.

A interacção sinergética entre colegas de uma equipa de futebol tem propriedades susceptíveis de serem estudadas através da Social Network Analysis (SNA). A análise de redes formadas pelos passes de colegas de equipa tem demonstrado que o sucesso colectivo está correlacionado com alta densidade de rede e coeficientes de clustering, bem como com centralização de rede reduzida. Apesar disso é importante evitar uma simplificação excessiva no estudo deste fenómeno, nomeadamente a consideração por igual na obtenção das métricas de rede dos eventos que estão na origem quer da performance colectiva de sucesso quer de insucesso. No presente estudo, investigamos se a densidade, o coeficiente de clustering e a centralização das redes podem prever o sucesso ou o insucesso da performance de uma equipa no futebol. Analisámos 12 jogos do Grupo C da UEFA Champions League 2015/2016, utilizando registos públicos das transmissões de TV. Realizaram-se análises de notação para categorizar as sequências ofensivas como bem-sucedidas ou mal-sucedidas e para recolher os dados das redes de passe e subsequentes métricas. Utilizou-se um modelo de regressão logística hierárquica para prever o sucesso das sequências ofensivas a partir da densidade, do coeficiente de clustering e da centralização das redes, utilizando a variável total de passes como variável moderadora. Os resultados confirmaram o efeito independente das métricas de rede. A densidade, ao contrário do coeficiente de clustering e a centralização, foi um preditor significativo do sucesso das sequências ofensivas, tendo-se registado uma relação negativa entre densidade e sucesso de sequências ofensivas. Para além disso, densidades reduzidas foram associadas a um número superior de sequências ofensivas, embora maioritariamente mal-sucedidas. Por outro lado, altas densidades foram associadas a um número inferior de sequências ofensivas bem-sucedidas, mas também a um menor número total de sequências e de "perdas de posse de bola" sem que a equipa atacante tivesse conseguido entrar na zona de finalização. Uma análise individual por equipa indicou que a relação entre a performance da equipa e a densidade é dependente da equipa. A aplicação de SNA aos desempenhos de sucesso e insucesso, de forma independente, de uma equipa de futebol é importante para minimizar uma possível simplificação excessiva das sinergias efectivas de uma equipa.
The synergistic interaction between teammates in soccer has properties that can be captured by Social Network Analysis (SNA). The analysis of networks formed by team players passing a ball in a match shows that team success is correlated with high network density and clustering coefficient, as well as with reduced network centralization. However, oversimplification needs to be avoided, as network metrics events associated with success should not be considered equally to those that are not. In the present study, we investigated whether network density, clustering coefficient and centralization can predict successful or unsuccessful team performance. We analyzed 12 games of the Group Stage of UEFA Champions League 2015/2016 Group C by using public records from TV broadcasts. Notational analyses were performed to categorize attacking sequences as successful or unsuccessful, and to collect data on the ball-passing networks. The network metrics were then computed. A hierarchical logistic-regression model was used to predict the successfulness of the offensive plays from network density, clustering coefficient and centralization, by using the number of total passes as a moderator variable. Results confirmed the independent effect of network metrics. Density, but not clustering coefficient or centralization, was a significant predictor of the successfulness of offensive plays. We found a negative relation between density and successfulness of offensive plays. However, reduced density was associated with a higher number of offensive plays, albeit mostly unsuccessful. Conversely, high density was associated with a lower number of successful offensive plays, but also with overall fewer offensive plays and “ball possession losses” before the attacking team entered the finishing zone. An individual team analysis indicated that a relationship between team performance and density is team dependent. Independent SNA of team performance is important to minimize the limitations of oversimplifying effective team synergies.

The thesis deals with possibilities of an application of system dynamics methodics for an understanding and teaching the project management. A dynamic simulation model has been created for this purpose by using Vensim. A web simulator for the project management, which is based on the simulation model, has been created in the next part of the thesis. The benefit of the simulator over the model is its user- friendliness and its self-explanatory graphic interface, which makes it possible to use the simulation model for purposes of teaching and further reaserch in the field of project management. Powered by TCPDF (www.tcpdf.org)