Current planners show impressive performance in many real world and artificial domains by using planning (either domain dependent or independent) heuristics. But, on one hand, domain dependent planners still outperform domain independent planners by re-defining domain theories, also including control knowledge. On the other hand, these domain dependent planners require a careful and manual refi...

Many common events in our daily life affect us in positive and negative ways. For example, going on vacation is typically an enjoyable event, while being rushed to the hospital is an undesirable event. In narrative stories and personal conversations, recognizing that some events have a strong affective polarity is essential to understand the discourse and the emotional states of the affected pe...

The Semantic Web will provide the conceptual infrastructure to allow new forms of business application integration. This paper outlines our approach for integrating Web-based sales systems for highly complex customizable products and services (configuration systems) making use of descriptive representation formalisms of the Semantic Web. The evolving trend towards highly specialized solution pr...

Spatial understanding is a fundamental problem with widereaching real-world applications. The representation of spatial knowledge is often modeled with spatial templates, i.e., regions of acceptability of two objects under an explicit spatial relationship (e.g., “on”, “below”, etc.). In contrast with prior work that restricts spatial templates to explicit spatial prepositions (e.g., “glass on t...

This paper focuses on IS integration decisions made during mergers and acquisitions from a strategic-alignment lens. The objectives of this study are to: (1) examine business-IS alignment as reflected in IS integration decisions in a merger context and (2) identify factors that shape IS integration decisions in a merger context. We study these issues in three oil and gas mergers from pre-merger...

This paper studies the incidence and impact of bilateral redeployment of resources between target and acquiring firms following 253 horizontal acquisitions involving North American and European firms between 1988 and 1992. The resources include ten types of technical, commercial, administrative and financial resources. We find that acquisitions often involve substantial technical and commercial...

The relationship between the target and acquiring banks in a bank merger is examined to determine if any factors contribute to the likelihood of a bank merger. Logistic models are used in an attempt to model the merger decision of both the target and the acquirer banks. I find some evidence larger banks holding riskier portfolios are more likely to acquire other banks. ** The author would like ...

The present paper compares the impact of domestic acquisitions and cross-border acquisitions on Indian acquirer shareholders’ wealth during 2003-2008. A segregated analysis has also been conducted to measure the impact of stake/control acquired, based on a sample of acquisitions of 268 domestic and 255 target firms across border. Further, this paper also analyses the short-run performance of pe...

This paper examines the earnings management behavior of Japanese merger acquirers on the Tokyo Stock Exchange. Most Japanese mergers are transacted via stock swaps, when acquirers have incentive to manage pre-merger earnings to reduce the cost of acquisition. Consistent with this incentive, Japanese acquirers have significantly positive long-term abnormal accruals in the year prior to the merge...

Respecting the fact that vast number of M&As do not achieve planed synergies and results and that M&A success is affected by different organizational variables like management, strategy, structure, corporate culture, company size etc., the main aim of this paper is to analyze the impact of company’s size on takeover success. Successful takeover is defined as takeover in which target company per...