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Purpose - The purpose of this study is to provide a new perspective for effective management of the merger and acquisition (M&A) process by making use of a case study of a merger in the Japanese pharmaceutical industry. As corporate governance and culture are notably employee-oriented in Japanese firms, the paper seeks to explore whether M&As in the industry may follow different paths from

Most models explaining polygyny in birds have concentrated on variation in male or territorial quality, ignoring the role of females in maintaining monogamy. Although field observations have suggested that already mated females may maintain monogamy by either behaving aggressively toward prospecting females or by interupting male mate attraction behaviour, no experiments have been done to test if

Mild diseases and moderate stressors are seemingly harmless and are therefore often assumed to have negligible impact on Darwinian fitness. Here we argue that the effects of “benign” parasites and other moderate stressors may have a greater impact on lifespan and other fitness traits than generally thought. We outline the “accumulating costs” hypothesis which proposes that moderate strains on the

BACKGROUND: Contemporary patients with primary hyperparathyroidism are often diagnosed with mildly raised serum calcium levels. Previous studies have reported increased mortality in patients with primary hyperparathyroidism. This retrospective cohort study aimed to examine whether contemporary patients operated for primary hyperparathyroidism have higher mortality than the general population, and

Collections of sayings of the desert fathers and mothers are extant in manuscripts in many languages and are organized differently. They are ‘fixed-content miscellanies’ (FCM): they include material that belongs to the same genre, but is variable both when it comes to appearance and order. Distance measurement methods are particularly suitable for large text traditions including variable content i

To obtain full sky coverage, astronomical adaptive optics systemsrequire Na Sodium Beacons (SBs) (also referred to as Laser Guide Starsor LGSs) located at heights extending from 85 to 100 km. When viewed atthe edge of large telescopes these SBs appear elongated. For the Euro5050 meter aperture telecopes this elongation amounts to 6 to 9 arcsecondswhen the laser is launched from a point on the tele

Fashion's universal nature does not preclude strong variations in its significance from society to society. As a stratification variable, fashion's importance increases in step with economic growth. Simmel sees the ‘need for distinction’ and the ‘need for union’ as preconditions for fashion, with certain societies lacking the necessary motivation. Variations in fashion's importance have also been

The adipokine resistin is suggested to be an important link between obesity and insulin resistance. In the present study, we assessed the impact of resistin as inflammatogenic cytokine in the setting of arthritis. In vitro experiments on human PBMC were performed to assess cytokine response and transcription pathways of resistin-induced inflammation. Proinflammatory properties of resistin were eva

It has often been argued that the Earth is like an island in space and that its brittleness is most clearly reflected on small islands in the oceans. Easter Island, in particular, with its largely depleted resources, has been seen as a microcosmic warning about what could happen to our entire planet. However, the analogy of the Earth and islands with finite natural resources is not self-evident fr