Physical appearance of the population of the Golden Horde resulted from interbreeding of representatives of two big races, i.e. the Mongoloid and the Caucasoid. The presence of the Mongoloid component is to some extent manifested in the appearance of inhabitants of all the Golden Horde towns. Nevertheless, it is the Caucasoid features that prevailed in urban population

Mccarthy, K.

Weitzel, U.

Яблонский, Л.Т.

Наукова електронна бібліотека періодичних видань НАН України (Vernadsky National Library of Ukraine)

К палеоантропологии средневекового населения Поволжья

The theory of mergers and acquisitions (M&As) has been developed almost exclusively from the study of large deals by large firms. In this paper we argue that the behaviour and success of M&As by small and medium sized enterprises (SMEs) may be significantly different. Accordingly, we revisit established M&A theories, and develop a theoretical framework, and several testable hypotheses, regarding the distinctive features of SME M&As. Our empirical results support our expectations and show that, compared to large firms, acquiring SMEs: rely more intensively on external growth via M&As; are more likely to be withdrawn, suggesting that SMEs are more flexible, and more able to avoid deals that turn sour; and, finally, SME M&As are more likely to be financed with equity rather than debt, indicating that the influential financial pecking order theory is of less relevance to SMEs

К палеоантропологии средневекового населения Поволжья

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Наукова електронна бібліотека періодичних видань НАН України (Vernadsky National Library of Ukraine)

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