14 resultados para Inheritance and succession--Massachusetts


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The purpose of this thesis is to investigate how far the education level of the second or third generation of publicly traded German family firms affects the post-succession firm performance. By conducting a correlational and regression design, the aim is to examine how several variables influence the performance of family firms. Performance measures, for example ROA and Tobin’s q and variables, like Education level and succession periods, examine analytically that a positive succession trend will occur. However, with the used model, only a less rigid model shows empirical evidence.

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Dissertation presented to obtain the Ph.D degree in Biology, Cell Biology

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This work project addresses the importance of succession planning in family-owned Small and Medium Enterprises (SMEs). This is directly related with Human Resources Management (HRM) given that there is an HRM long term vision in order for the succession to be planned on time and benefit the companies. This study focused on SMEs since these are the entities that have a minor focus on HRM practices. A total of 22 in-depth interviews were conducted and analyzed. Selected SMEs owners/managers and successors/antecessors were interviewed with the purpose of acquiring more insight on the level of succession planning, using a qualitative methodology from which the process of succession was derived. This study unveils that the first step in this process is related to the definition of criteria to be a good successor, followed by the choice of possible successors, being the children the natural successors, but also considering other potential ones, and finally some considerations on the future of these companies.

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The case outlines the history of Jerónimo Martins and the Dos Santos family in the context of a dialogue between the pater familias Alexandre and his successor Pedro. The case idea analyses the problems associated with next generation entrance in the family business and the outcomes on the different stakeholders and environment, with a particular focus on the evolution of the relationship between family, family holding and the JM group. The case is designed to assess the sustainability of a traditional succession strategy in the context of the challenges of globalization and growth of the company and family, analysing the reciprocal influence in a long-term strategy.

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XRD-analyses of pelitic deposits of Upper Jurassic to Miocene age occuring in the eastern Algarve (Portugal), give evidence of the occurrence of detrital clay minerals of continental origin as well as of conspicuous neoformations of marine provenance. The vertical succession of clay-mineral associations indicates the existence of three distinctive evolutionary cycles which are thought to reflect tectonically controlled transgressive-regressive events.

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The magnetostratigraphy of two sections in early Miocene marine deposits of the Tagus Basin is studied. Thermal demagnetization was used to isolate the primary component of magnetization for 45 samples from the Foz da Fonte section, and for 74 others from Trafaria section. The succession of the polarity zones found in these sections is tentatively correlated with the geomagnetic polarity time scale (GPTS) on the basis of the biostratigraphic data yielded by planktic Foraminifera. The planktic zones and magnetic polarities recognized in these sections can be adequately correlated with the part of the GPTS [table calibrated by BERGGRENET al. (1985)] corresponding to the Anomalies 6 and 5E (Foz da Fonte) and 5D (Trafaria). This correlations suggests ages between 19,35 and 18,14 Ma for Foz da Fonte section, and 17,90 to 16,98 Ma for Trafaria.

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The sub-fossil fauna from the Late Quaternary marine deposits of Santa Maria is made of more than 50 species of gastropods and bivalves, 19 of them collected recently and for the first time in the northern coast of the island (Lagoinhas Bay). The sub-fossil shells are found in deposits of beach sands, situated 2-3 meters above the present low tide. The carbonated sands from the basal part of the succession yield an autochthonous association of borers dominated by the bivalve Myoforceps aristata (Dillwin, 1817). Upwards, the marine sands contain concentrations of beach drift shells, including well-preserved supratidal and intertidal gastropods, among them a large number of Rissoidae. The bivalve fauna is dominated by disarticulated valves of Ervilia castanea (Montagu, 1803), a small infaunal coloniser of mobile sandy substrates. The composition of the fauna is made essentially of West European species, many of them common to the West Coast of Portugal. However, a few "warm guests" with West African or Caribbean affinities were also found, suggesting a close relation with some of the "Tyrrhenian" warm associations found in the Western Mediterranean.

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Similarly to other organisms, Vertebrates changed during the Cenozoic Era. Mammals are the only ones to change quickly; their well mineralised bones and teeth are often fossilised. They are highly diverse and even isolated teeth can be identified. They are thus a good tool for establishing a biochronological framewoork. Among Mammals, Rodents with a short lifetime evolve more quickly than the large Mammals. In Europe, the first elaborated zonation was investigated by the Regional Committee on Neogene Stratigraphy and issued as the MN Zonation (Mammals Neogene) by Mein, 1976. During the following years, progress in knowledge lead to new charts. The latest one resulted from collective work (de Bruijn et al., 1992). Bîochronology gives relative data; if we desire to have numerical age estimates, we must correlate these results with radiometrie data, marine biostratigraphîcal units or the Geomagnetic Polarity Time Scale. For Europe, these results are summarised by Steininger et al. (1989-1996) and Steininger (1999). After some recents developments on MN Zonation, here is discussed the succession of Neogene small mammals Portuguese localities. Fortunately these localities are in majority inbedded in marine context. Their assigment to MN Zones is proposed and correlations with the spanish Aragonian Scale (Daams el al., 1999) are also suggested. In fact, some differences appear between Portugal and Aragonian assemblages, probably for ecological reasons. Therefore, the MN zonation is always useful for short and long distance biochronological correlations.

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The Upper Cenomanian and Lower Turonian ammonite assemblages from the onshore sectors of the West Portuguese Margin are reviewed after new studies on the type section of Figueira da Foz, and correlative sections of Baixo Mondego. The faunal succession shows a strong contribution of vascoceratids and other ammonites with North African and Tethyan affinities. Euomphaloceras septemseriatum (Cragin, 1893), Kamerunoceras douvillei (Pervinquere, 1907), Fagesia catinus (Mantell, 1822), Neoptychites cephalotus (Courtiller, 1860), and Thomasites rollandi (Thomas & Peron, 1889) are for the first time mentioned to Portugal. The Upper Cenomanian is recognised after a set of 3 assemblage zones: Neolobites vibrayeanus z., Euomphaloceras septemseriatum z ., and Pseudaspidoceras pseudonodosoides z. The carbonate succession shows an important unconformity across the Cenomanian-Turonian boundary, associated to subaerial exposure, and to the development of a palaeokarst over Upper Cenomanian units. The first Lower Turonian carbonates are yielded a single but diverse ammonite assemblage of middle Lower Turonian age (Thomasites rollandi z.). This biozone was previously recognised in Central Tunisia by G. Chancellor et al. (1994).

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The geological sections studied at the São Gião sector (Cantanhede region) have allowed the establishment of a clear succession of ammonite associations during the Middle and Upper Toarcian (“Margas calcárias de São Gião” and “Calcários margosos de Póvoa da Lomba” Formations). The fossil collections were gathered over the last 40 years and, in spite of the apparent facies monotony, come from a thick and fossiliferous marly-limestone unit. The ammonite succession allows the establishment and/or verification of a certain number of biostratigraphical elements, of which are worthy of mention: – the tethyan character of the fauna from the Gradata to the Meneghinii Zones; this differentiation starts with the occurrence of Collina, Crassiceras and Furloceras of the Gradata Zone; – the succession of Osperleioceras, with the connection between the “caussenardes”(O. reynesi, O. authelini) forms and those from Algeria (O. nadorense, O. matteii), which is placed at the beginning of the Aalensis Zone; – the succession of Hammatoceratinae: H. roubanense (Gradata Z.), H. bonarellii (Bonarellii Z.), H. speciosum (Speciosum Sub-zone), followed by Crestaites meneghinii (Reynesi Sub-zone and Meneghinii Z.); Pseudaptetoceras appear next (Aalensis Zone). The dynamic evolution of the sector is characterized by the persistence of marly sedimentation during the Meneghinii Zone, in probable relation to the paleostructural play of the Arunca-Montemor meridian axis.

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A Work Project, presented as part of the requirements for the Award of a Masters Degree in Management from the NOVA – School of Business and Economics

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Dissertation presented to obtain the Ph.D degree in Molecular Biology.

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This paper is a case study on a family business – PCV Holding – established in Mozambique. Having survived three generations and experiencing one of the most intense periods of growth, a tough issue emerges which is capable of compromising the future of the business: The Succession -How to transfer the management and ownership to the next generation while ensuring a fair process. Through several meetings with the board members and owners, I had the opportunity to understand the business and the family history which allowed me to study it taking into consideration family business’s subjects.

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This paper, “Firmago S.A. - 2016: a deadline for succession”, is a case-based essay on a family business. It aims to provide the necessary tools for readers to best decide upon who should be chosen for the continuity of the family business after July 2016. Along with the case study the reader will have the opportunity to identify two main problems: blurred boundaries and the nonexistence of succession planning. In order to elaborate this case study I conducted several meetings with João Cabral, the current CEO of Firmago, who helped me understand the company’s background and the complexity of the family’s relationships. In order to fulfill the CEO’s requirement, all the real names and surnames of those from Firmago were replaced by fake names.