Peranan Corporate Strategy dalam Kesuksesan-kegagalan Merger & Akuisisi: suatu Telaah Literatur

Most empirical studies and literature reviews documented that the final results of the wave of mergers and acquisitions in the United States, Canada, and European countries during the decade of 1980s, 1990s and 2000s were always dissatisfactory. In fact, the extent of the failure is higher than the success.However, a comprehensive investigation on the factors motivating the rise of mergers and acquisitions and the causes for success and failure is still rare. This paper reviews the contribution of corporate strategy in success and failure of mergers and acquisitions during three decades. Specifically, this paper reviews literatures with respect to the motives of corporate mergers and acquisitions actions and the trigger factors of their failures. The result of the literature review shows that corporate strategy has a significant contribution to the extent of the success and failure of corporate mergers and acquisitions. The review finds that trigger factors of mergers and acquisitions failure are the ambiguous communications and cross-cultural gaps, inappropriate and insufficient integration and transformation of new corporate culture, incompatible leadership style accustomed with a new corporate climate, inappropriate corporate planning and internal consolidation, inappropriate anatomy of organizational internal factors, and erroneousness in choosing the partners and the timing of mergers and acquisitions. To ensure the successful and sustainability of corporatemergers and acquisitions, therefore, top management and task force of mergers and acquisitions need to accurately consider those internal and external organization factors

Manual for an International Trade Data Base on the IBM Computer of the Hungarian Academy of Sciences

This manual has been prepared to allow IIASA economists to access an international trade data base stored on the IBM computer at the Hungarian Academy of Sciences in Budapest. It describes the contents of the data base and the capabilities of the data-handling program, and explains how the data base may be accessed from IIASA via the Gateway system. It is hoped that the information made available in this way will be useful in the work on economic structural change currently in progress at IIASA

Seeding hESCs to achieve optimal colony clonality

Human embryonic stem cells (hESCs) and induced pluripotent stem cells (iPSCs) have promising clinical applications which often rely on clonally-homogeneous cell populations. To achieve this, it is important to ensure that each colony originates from a single founding cell and to avoid subsequent merging of colonies during their growth. Clonal homogeneity can be obtained with low seeding densities; however, this leads to low yield and viability. It is therefore important to quantitatively assess how seeding density affects clonality loss so that experimental protocols can be optimised to meet the required standards. Here we develop a quantitative framework for modelling the growth of hESC colonies from a given seeding density based on stochastic exponential growth. This allows us to identify the timescales for colony merges and over which colony size no longer predicts the number of founding cells. We demonstrate the success of our model by applying it to our own experiments of hESC colony growth; while this is based on a particular experimental set-up, the model can be applied more generally to other cell lines and experimental conditions to predict these important timescales

Correlated random walks of human embryonic stem cells in vitro

We perform a detailed analysis of the migratory motion of human embryonic stem cells in two-dimensions, both when isolated and in close proximity to another cell, recorded with time-lapse microscopic imaging. We show that isolated cells tend to perform an unusual locally anisotropic walk, moving backwards and forwards along a preferred local direction correlated over a timescale of around 50 min and aligned with the axis of the cell elongation. Increasing elongation of the cell shape is associated with increased instantaneous migration speed. We also show that two cells in close proximity tend to move in the same direction, with the average separation of m or less and the correlation length of around 25 μm, a typical cell diameter. These results can be used as a basis for the mathematical modelling of the formation of clonal hESC colonies

Quantification of the morphological characteristics of hESC colonies

The maintenance of the undifferentiated state in human embryonic stem cells (hESCs) is critical for further application in regenerative medicine, drug testing and studies of fundamental biology. Currently, the selection of the best quality cells and colonies for propagation is typically performed by eye, in terms of the displayed morphological features, such as prominent/abundant nucleoli and a colony with a tightly packed appearance and a well-defined edge. Using image analysis and computational tools, we precisely quantify these properties using phase-contrast images of hESC colonies of different sizes (0.1–1.1 mm2) during days 2, 3 and 4 after plating. Our analyses reveal noticeable differences in their structure influenced directly by the colony area A. Large colonies (A > 0.6 mm2) have cells with smaller nuclei and a short intercellular distance when compared with small colonies (A  0.6 mm2) due to the proliferation of the cells in the bulk. This increases the colony density and the number of nearest neighbours. We also detect the self-organisation of cells in the colonies where newly divided (smallest) cells cluster together in patches, separated from larger cells at the final stages of the cell cycle. This might influence directly cell-to-cell interactions and the community effects within the colonies since the segregation induced by size differences allows the interchange of neighbours as the cells proliferate and the colony grows. Our findings are relevant to efforts to determine the quality of hESC colonies and establish colony characteristics database

Quantification of the morphological characteristics of hESC colonies

The maintenance of the pluripotent state in human embryonic stem cells (hESCs) is critical for further application in regenerative medicine, drug testing and studies of fundamental biology. Currently, the selection of the best quality cells and colonies for propagation is typically performed by eye, in terms of the displayed morphological features, such as prominent/abundant nucleoli and a colony with a tightly packed appearance and a well-defined edge. Using image analysis and computational tools, we precisely quantify these properties using phase-contrast images of hESC colonies of different sizes (0.1 -- 1.1$\, \text{mm}^2$) during days 2, 3 and 4 after plating. Our analyses reveal noticeable differences in their structure influenced directly by the colony area $A$. Large colonies ($A > 0.6 \, \text{mm}^2$) have cells with smaller nuclei and a short intercellular distance when compared with small colonies ($A < 0.2 \, \text{mm}^2$). The gaps between the cells, which are present in small and medium sized colonies with $A \le 0.6 \, \text{mm}^2$, disappear in large colonies ($A > 0.6 \, \text{mm}^2$) due to the proliferation of the cells in the bulk. This increases the colony density and the number of nearest neighbours. We also detect the self-organisation of cells in the colonies where newly divided (smallest) cells cluster together in patches, separated from larger cells at the final stages of the cell cycle. This might influence directly cell-to-cell interactions and the community effects within the colonies since the segregation induced by size differences allows the interchange of neighbours as the cells proliferate and the colony grows. Our findings are relevant to efforts to determine the quality of hESC colonies and establish colony characteristics database

Human Stem Cells for Ophthalmology: Recent Advances in Diagnostic Image Analysis and Computational Modelling

\ua9 2023, The Author(s).Purpose of Review: To explore the advances and future research directions in image analysis and computational modelling of human stem cells (hSCs) for ophthalmological applications. Recent Findings: hSCs hold great potential in ocular regenerative medicine due to their application in cell-based therapies and in disease modelling and drug discovery using state-of-the-art 2D and 3D organoid models. However, a deeper characterisation of their complex, multi-scale properties is required to optimise their translation to clinical practice. Image analysis combined with computational modelling is a powerful tool to explore mechanisms of hSC behaviour and aid clinical diagnosis and therapy. Summary: Many computational models draw on a variety of techniques, often blending continuum and discrete approaches, and have been used to describe cell differentiation and self-organisation. Machine learning tools are having a significant impact in model development and improving image classification processes for clinical diagnosis and treatment and will be the focus of much future research

Effect of degree of lipomobilization on results of glucose test in dairy cows in heat stress

Cows exposed to heat stress exhibit a decreased ability to mobilize lipids due to increased sensitivity to insulin, which is expressed in a decreased concentration of NEFA. However, certain cows can preserve the level of lipid mobilization after adapting to heat stress. We assumed that cows that have a preserved ability to mobilize lipids are less sensitive to insulin and that they have a lower tolerance for glucose. The aim of this work was to compare the results of an intravenous glucose tolerance test in cows that exhibited, in prolonged heat stress, a decreased (NEFA<0.20 mmol/l) or preserved (NEFA>0.30 mmol/l) ability for lipid mobilization. Glucose concentration and NEFA concentration were measured following intravenous application of glucose. The mean glycaemic index value did not differ statistically significantly between the two groups of cows at 10, 15 and 20 minutes after glucose application (p>0.05), but there was a tendency at 10 and 15 minutes for the glycaemia to be higher in cows with preserved lipomobilization (p<0.1). At 30, 60 and 90 minutes after glucose application, glycaemia was statistically significantly higher (p<0.01; p<0.05 and p<0.05) in the group of cows with preserved lipomobilization. The glycaemic index values (mmol/l) shown in the same order (30, 60 and 90 minutes) were as follows 9.91±0.21: 9.23±0.41; 5.41±0.5: 4.67±0.33 and 4.31±0.39: 3.47±0.37. The mean value for NEFA concentration in samples originating from the two experimental groups of cows did not differ statistically significantly following glucose application. The NEFA concentration showed a tendency to be higher in cows with preserved lipid mobilization in comparison with cows with decreased lipomobilization at 20 and 30 minutes after glucose application (p<0.1). Following the intravenous glucose tolerance test, NEFA and glucose concentrations were in a significant negative correlation, and that correlation was more expressed in cows with decreased lipomobilization. Cows with preserved lipomobilization have a lower tolerance for glucose than cows with a decreased lipomobilization during heat stress. [Projekat Ministarstva nauke Republike Srbije, br. TR 31062

Metabolic acclimation to heat stress in farm housed Holstein cows with different body condition scores

The aim of this study was to determine the effects of body condition score to metabolic acclimation in heat stressed Holstein cows. Body condition of cows had no effect on any of the tested parameters during the thermal neutral period, except for the percentage of protein in milk. Heat stress has been demonstrated to have an impact on all the selected parameters, and has been found to be the cause of decreased milk production and quality, increased rectal temperature and respiration rate, decreased glucose, non esterified fatty acids (NEFA) and cholesterol concentration, increased urea and bilirubin concentration, and loss of subcutaneous fat. Obese cows (BCS&gt;4) had less ability of acclimation to heat stress as compared to normal and thin cows (significantly lower production and milk quality, and significantly higher rectal temperature and respiration level in relation to the other groups of cows). Obese cows showed a significantly higher concentration of NEFA and significantly lower glucose during exposure to heat stress. The steady increase in NEFA concentrations and decrease of backfat thickness suggested that fat was used for energy purposes, which significantly increased the heat balance and led to poor acclimation to heat stress in obese cows. Cows with high body condition were at higher risk of developing liver failure and lipidosis (reduced cholesterol and elevated bilirubin concentration) during heat stress, which could be linked with increased concentrations of fatty acids in the blood. This was found with an increased concentration of urea during exposure to heat stress, with significantly higher concentration in obese cows. Using the fat for energy purposes depends on the sensitivity to insulin, which increases during heat stress. Obese cows are naturally less sensitive to insulin and more prone to lipolysis. However, these signs should be the focus of future research.Key words: Body condition score, heat stress, metabolic status, cow