This article deals with the motivations and the different sources of value from public to private transactions in Europe, USA and Asia from 2000 to 2007. We determine eight main motivations （tax savings, incentive re...This article deals with the motivations and the different sources of value from public to private transactions in Europe, USA and Asia from 2000 to 2007. We determine eight main motivations （tax savings, incentive realignment, control, free cash flow, growth of prospects, transaction costs, takeover defence and undervaluation）. Then, we evaluate the shareholder wealth by measuring the offered premiums and the CAAR （cumulative average abnormal return）. Finally, we analyse the impact of public to private to the wealth shareholder. The main sources for firms from going private are incentive realignment, free cash flow （mostly for Asia）, the economy of cost transaction and undervaluation. Furthermore, taxation benefit is a source of wealth effects for Asia and family blockholder （for the control hypothesis） is significant for Europe. Premiums and CAAR are the most important for the USA and Asia. The main observation that we have made is that Asia gets the same behavior as the USA.展开更多
A fragment with about 798 bp of cab gene was amplified from the first strand of Moso(Phyllostachys edulis)cDNA through RT-PCR method,named as cab-PhE4(cab gene 4 from Ph.edulis).The cab-PhE4(GenBank accession number:E...A fragment with about 798 bp of cab gene was amplified from the first strand of Moso(Phyllostachys edulis)cDNA through RT-PCR method,named as cab-PhE4(cab gene 4 from Ph.edulis).The cab-PhE4(GenBank accession number:EF405878)gene encodes 265 amino acid.The bioinformatics analysis indicated that the protein encoded by cab-PhE4 has a chlorophyll a/b-binding domain(64th-232nd position),a protein kinase C phosphorylation site(33rd-35th position),a N-myristoylation site(169th-174th position),and an involucrin repeat(207th-216th position).The amino acid sequence of cab-PhE4 showed high similarity with the cab genes of Zea mays,Triticum aestivum,Musa acuminata,Panax ginseng and Oryza sativa,more than 90%,respectively.展开更多
The light-harvesting chlorophyll a/b-protein complex plays an important role in photosynthesis of plants. A full-length cDNA of light-harvesting chlorophyll a/b （cab） gene was cloned from the first strand of Moso （...The light-harvesting chlorophyll a/b-protein complex plays an important role in photosynthesis of plants. A full-length cDNA of light-harvesting chlorophyll a/b （cab） gene was cloned from the first strand of Moso （Phyllostachys edulis） cDNA through RT-PCR and RACE methods, named as cabPhEIO （cab gene 10 from Ph. edulis）. The length of cab- PhEIO （GenBank accession number： EU118754） is 1 151 bp, which contains an open reading frame encoding 283 amino acids from 81st to 932nd position. The bioinformatics analysis indicated that the protein encoded by cab-PhElO had a chlorophll a/b binding domain （83rd -247th position）, two protein kinase C-phosphorylation sites, three Nmyristoylation sites and a yia A/B double helix domain.The amino acid sequence of cab-PhElO showed high similarity with the cab genes of Oryza sativa, Zea mays, Hordeum vulgare, and Vitis vinifera, more than 80%, respectively, which indicated that cab-PhElO gene belongs to lhcb5 gene family.展开更多
文摘This article deals with the motivations and the different sources of value from public to private transactions in Europe, USA and Asia from 2000 to 2007. We determine eight main motivations （tax savings, incentive realignment, control, free cash flow, growth of prospects, transaction costs, takeover defence and undervaluation）. Then, we evaluate the shareholder wealth by measuring the offered premiums and the CAAR （cumulative average abnormal return）. Finally, we analyse the impact of public to private to the wealth shareholder. The main sources for firms from going private are incentive realignment, free cash flow （mostly for Asia）, the economy of cost transaction and undervaluation. Furthermore, taxation benefit is a source of wealth effects for Asia and family blockholder （for the control hypothesis） is significant for Europe. Premiums and CAAR are the most important for the USA and Asia. The main observation that we have made is that Asia gets the same behavior as the USA.
基金This project is supported by"948"introduction project(2004-4-60,2005-4-38)
文摘A fragment with about 798 bp of cab gene was amplified from the first strand of Moso(Phyllostachys edulis)cDNA through RT-PCR method,named as cab-PhE4(cab gene 4 from Ph.edulis).The cab-PhE4(GenBank accession number:EF405878)gene encodes 265 amino acid.The bioinformatics analysis indicated that the protein encoded by cab-PhE4 has a chlorophyll a/b-binding domain(64th-232nd position),a protein kinase C phosphorylation site(33rd-35th position),a N-myristoylation site(169th-174th position),and an involucrin repeat(207th-216th position).The amino acid sequence of cab-PhE4 showed high similarity with the cab genes of Zea mays,Triticum aestivum,Musa acuminata,Panax ginseng and Oryza sativa,more than 90%,respectively.
基金This project is supported by "948" Introduction Project (2004-4-60, 2005-4-38)
文摘The light-harvesting chlorophyll a/b-protein complex plays an important role in photosynthesis of plants. A full-length cDNA of light-harvesting chlorophyll a/b （cab） gene was cloned from the first strand of Moso （Phyllostachys edulis） cDNA through RT-PCR and RACE methods, named as cabPhEIO （cab gene 10 from Ph. edulis）. The length of cab- PhEIO （GenBank accession number： EU118754） is 1 151 bp, which contains an open reading frame encoding 283 amino acids from 81st to 932nd position. The bioinformatics analysis indicated that the protein encoded by cab-PhElO had a chlorophll a/b binding domain （83rd -247th position）, two protein kinase C-phosphorylation sites, three Nmyristoylation sites and a yia A/B double helix domain.The amino acid sequence of cab-PhElO showed high similarity with the cab genes of Oryza sativa, Zea mays, Hordeum vulgare, and Vitis vinifera, more than 80%, respectively, which indicated that cab-PhElO gene belongs to lhcb5 gene family.
