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Auteur Kai Li
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[article]
in Management science > Vol. 56 N° 9 (Septembre 2010) . - pp. 1462-1483
Titre : Deal or no deal : Hormones and the mergers and acquisitions game Type de document : texte imprimé Auteurs : Maurice Levi, Auteur ; Kai Li, Auteur ; Feng Zhang, Auteur Année de publication : 2010 Article en page(s) : pp. 1462-1483 Note générale : Management Langues : Anglais (eng) Mots-clés : Mergers and acquisitions Male dominance seeking CEO testosterone Bid initiation Bid withdrawal Tender offers Index. décimale : 658 Organisation des entreprises. Techniques du commerce Résumé : Young male CEOs appear to be combative: they are 4% more likely to be acquisitive and, having initiated an acquisition, they are over 20% more likely to withdraw an offer. Furthermore, a young target male CEO is 2% more likely to force a bidder to resort to a tender offer. We argue that this combative nature is a result of testosterone levels that are higher in young males. Testosterone, a hormone associated with male dominance seeking, has been shown to influence prospects for a cooperative outcome of the ultimatum game. Specifically, high-testosterone responders tend to reject low offers even though this is against their interest. It has been argued that this is consistent with a low offer being seen as dominance seeking. The acts of attempting or resisting an acquisition can be viewed as striving to achieve dominance. We argue that the evidence reported in this paper is consistent with the presence of a significant hormone effect in mergers and acquisitions. DEWEY : 658 ISSN : 0025-1909 En ligne : http://mansci.journal.informs.org/cgi/content/abstract/56/9/1462 [article] Deal or no deal : Hormones and the mergers and acquisitions game [texte imprimé] / Maurice Levi, Auteur ; Kai Li, Auteur ; Feng Zhang, Auteur . - 2010 . - pp. 1462-1483.
Management
Langues : Anglais (eng)
in Management science > Vol. 56 N° 9 (Septembre 2010) . - pp. 1462-1483
Mots-clés : Mergers and acquisitions Male dominance seeking CEO testosterone Bid initiation Bid withdrawal Tender offers Index. décimale : 658 Organisation des entreprises. Techniques du commerce Résumé : Young male CEOs appear to be combative: they are 4% more likely to be acquisitive and, having initiated an acquisition, they are over 20% more likely to withdraw an offer. Furthermore, a young target male CEO is 2% more likely to force a bidder to resort to a tender offer. We argue that this combative nature is a result of testosterone levels that are higher in young males. Testosterone, a hormone associated with male dominance seeking, has been shown to influence prospects for a cooperative outcome of the ultimatum game. Specifically, high-testosterone responders tend to reject low offers even though this is against their interest. It has been argued that this is consistent with a low offer being seen as dominance seeking. The acts of attempting or resisting an acquisition can be viewed as striving to achieve dominance. We argue that the evidence reported in this paper is consistent with the presence of a significant hormone effect in mergers and acquisitions. DEWEY : 658 ISSN : 0025-1909 En ligne : http://mansci.journal.informs.org/cgi/content/abstract/56/9/1462 Mechanism of catalytic oxidation of NO over Mn - Co - Ce - Ox catalysts with the aid of nonthermal plasma at low temperature / Kai Li in Industrial & engineering chemistry research, Vol. 50 N° 19 (Octobre 2011)
[article]
in Industrial & engineering chemistry research > Vol. 50 N° 19 (Octobre 2011) . - pp. 11023-11028
Titre : Mechanism of catalytic oxidation of NO over Mn - Co - Ce - Ox catalysts with the aid of nonthermal plasma at low temperature Type de document : texte imprimé Auteurs : Kai Li, Auteur ; Xiaolong Tang, Auteur ; Honghong Yi, Auteur Année de publication : 2011 Article en page(s) : pp. 11023-11028 Note générale : Chimie industrielle Langues : Anglais (eng) Mots-clés : Low temperature Non thermal plasma Catalyst Oxidation Catalytic reaction Résumé : NO catalytic oxidation performances have been investigated on a Mn—Co—Ce—Ox catalyst by using nonthermal plasma (NTP) reactor: the "PRFC" reactor. In the PRFC system, the plasma reactor was followed by the catalyst. The results showed that the NO catalytic oxidation of the Mn―Co―Ce―Ox catalyst was significantly enhanced by the nonthermal plasma in the PRFC system at the temperature range of 50―250°C. The oxidation capability of the catalyst was improved with the increase of the input energy density in the PRFC system. It was also found that the activity was suppressed when SO2 was present in the reaction mixture, whereas the catalytic oxidation ability was obviously enhanced under the NTP-assist, because NTP system is conducive to synchronous SO2 removal. The antipoisoning performance and NO catalytic oxidation capacity of this mechanism are superior to those of others reported in the literature. DEWEY : 660 ISSN : 0888-5885 En ligne : http://cat.inist.fr/?aModele=afficheN&cpsidt=24573298 [article] Mechanism of catalytic oxidation of NO over Mn - Co - Ce - Ox catalysts with the aid of nonthermal plasma at low temperature [texte imprimé] / Kai Li, Auteur ; Xiaolong Tang, Auteur ; Honghong Yi, Auteur . - 2011 . - pp. 11023-11028.
Chimie industrielle
Langues : Anglais (eng)
in Industrial & engineering chemistry research > Vol. 50 N° 19 (Octobre 2011) . - pp. 11023-11028
Mots-clés : Low temperature Non thermal plasma Catalyst Oxidation Catalytic reaction Résumé : NO catalytic oxidation performances have been investigated on a Mn—Co—Ce—Ox catalyst by using nonthermal plasma (NTP) reactor: the "PRFC" reactor. In the PRFC system, the plasma reactor was followed by the catalyst. The results showed that the NO catalytic oxidation of the Mn―Co―Ce―Ox catalyst was significantly enhanced by the nonthermal plasma in the PRFC system at the temperature range of 50―250°C. The oxidation capability of the catalyst was improved with the increase of the input energy density in the PRFC system. It was also found that the activity was suppressed when SO2 was present in the reaction mixture, whereas the catalytic oxidation ability was obviously enhanced under the NTP-assist, because NTP system is conducive to synchronous SO2 removal. The antipoisoning performance and NO catalytic oxidation capacity of this mechanism are superior to those of others reported in the literature. DEWEY : 660 ISSN : 0888-5885 En ligne : http://cat.inist.fr/?aModele=afficheN&cpsidt=24573298