Over the years much has been written about the industry life cycle and corporate life cycle, yet there has been remarkably little attention given to the relation between them and M＆A, or why this relationship exists....Over the years much has been written about the industry life cycle and corporate life cycle, yet there has been remarkably little attention given to the relation between them and M＆A, or why this relationship exists. Based on reviewing the industry life cycle and the corporate life cycle, we find the relationship between M＆A and these life cycles, and then propose the life cycle of M＆A. At last, we use the M＆A life cycle to explain the characters of the merger waves over last 100 years.展开更多
Using 20 years （1993-2012） of merged data recorded by contemporary multi-altimeter missions, a variety of sea-level variability modes are recovered in the South China Sea employing three- dimensional harmonic extrac...Using 20 years （1993-2012） of merged data recorded by contemporary multi-altimeter missions, a variety of sea-level variability modes are recovered in the South China Sea employing three- dimensional harmonic extraction. In terms of the long-term variation, the South China Sea is estimated to have a rising sea-level linear trend of 5.39 mm/a over these 20 years. Among the modes extracted, the seven most statistically significant periodic or quasi-periodic modes are identified as principal modes. The geographical distributions of the magnitudes and phases of the modes are displayed. In terms of intra- annual and annual regimes, two principal modes with strict semiannual and annual periods are found, with the annual variability having the largest amplitudes among the seven modes. For interannual and decadal regimes, five principal modes at approximately 18, 21, 23, 28, and 112 months are found with the most mode- active region being to the east of Vietnam. For the phase distributions, a series of amphidromes are observed as twins, termed ＂amphidrome twins＂, comprising rotating dipole systems. The stability of periodic modes is investigated employing joint spatiotemporal analysis of latitude/longitude sections. Results show that all periodic modes are robust, revealing the richness and complexity of sea-level modes in the South China Sea.展开更多
文摘Over the years much has been written about the industry life cycle and corporate life cycle, yet there has been remarkably little attention given to the relation between them and M＆A, or why this relationship exists. Based on reviewing the industry life cycle and the corporate life cycle, we find the relationship between M＆A and these life cycles, and then propose the life cycle of M＆A. At last, we use the M＆A life cycle to explain the characters of the merger waves over last 100 years.
基金Supported by the National Natural Science Foundation of China(Nos.41331172,U1406404)the National High Technology Research and Development Program of China(863 Program)(No.2013AA09A505)
文摘Using 20 years （1993-2012） of merged data recorded by contemporary multi-altimeter missions, a variety of sea-level variability modes are recovered in the South China Sea employing three- dimensional harmonic extraction. In terms of the long-term variation, the South China Sea is estimated to have a rising sea-level linear trend of 5.39 mm/a over these 20 years. Among the modes extracted, the seven most statistically significant periodic or quasi-periodic modes are identified as principal modes. The geographical distributions of the magnitudes and phases of the modes are displayed. In terms of intra- annual and annual regimes, two principal modes with strict semiannual and annual periods are found, with the annual variability having the largest amplitudes among the seven modes. For interannual and decadal regimes, five principal modes at approximately 18, 21, 23, 28, and 112 months are found with the most mode- active region being to the east of Vietnam. For the phase distributions, a series of amphidromes are observed as twins, termed ＂amphidrome twins＂, comprising rotating dipole systems. The stability of periodic modes is investigated employing joint spatiotemporal analysis of latitude/longitude sections. Results show that all periodic modes are robust, revealing the richness and complexity of sea-level modes in the South China Sea.
