What Matters in University Mergers: Students’ Feedback on Organizational Change
Mergers are common practice in higher education systems around the world, and merger-related aspects, such as the transformation of organizational and administrative structures, the impact on internal funding allocation mechanisms or changes in academic strategies and profiles, are well researched. Besides the issues of funding after a merger or organizational structure transformation, one of the most common problems is the “human factor.” It includes differences of university cultures in merging universities, protests before the mergers and conflicts afterwards ignited by university staff and especially students. But the role of students in university mergers and their understanding of these processes are hardly investigated at all. So, research is necessary to find better managerial decisions during merger processes and to understand actual students’ interests in contemporary universities overall. The first step is to clarify the most sensitive changes for students during university mergers.
This paper presents an empirical analysis of the Russian market of mergers and acquisitions in 2003-2012. This analysis allowed for the conclusion that, to assess and forecast the integration activity of Russian companies, the most precise and appropriate models are seasonal autoregressive integrated moving average models built on weighted observations to eliminate the effect of the structural changes which are characteristic of developing economies. Forecasting the values of development of the market for corporate control may serve as “input” information to form a prompt regulation system for the mergers and acquisitions of holding companies, which meets current needs.
This paper presents an empirical analysis of the Russian market of mergers and acquisitions (the largest market for corporate control in Central and Eastern Europe) in 2003-2012 in terms of the total volume and value of the merger and acquisition deals of the holding companies. This analysis allowed for the conclusion that, to assess and forecast the integration activity of holding companies, the most precise and appropriate models are seasonal autoregressive integrated moving average models built on weighted observations to eliminate the effect of the structural changes which are characteristic of developing economies. Forecasting the values of development of the market for corporate control may serve as “input” information to form a prompt regulation system for the mergers and acquisitions of holding companies, which meets current needs. The presented analysis makes it possible to work out measures of public policy to increase the efficiency of the integration activity of holding companies.
There is a small number of empirical studies on financial instability (the trend towards bankruptcy) of Russian insurance companies. The aim of the study is to prove two hypotheses. The first is the market share of the insurance company is the opposite of its propensity to bankruptcy; the second is to the Russian insurance market there is a tendency to oligopolization. In our study, methods with a limited set of criteria and multicriteria methods, including those based on multidimensional discriminant analysis, will be used. The basis for the study are 102 insurance companies with varying degrees of market power. The problem under investigation lies in the fact that insolvent insurers have a negative impact on the insurance market in Russia. On the other hand, a significant reduction in the number of insurers leads to the oligopolization of the insurance services market.
Higher education is valued as one of the main sources of civic participation and social benefit. In spite of the significant growth in the number of students over the last 20 years, Russia is still considered to be a country with a low level of civic engagement. Our study aims to respond to this contradictory standing and to explain the causes of student civic engagement. The survey conducted in 10 state universities has shown a difference in civic engagement index values among students from 4 educational programmes. The results of linear regression models have shown that, in addition to the ‘pure teaching effect’, such factors as religiosity and social capital influence student civic engagement.
This article is aimed at identifying distinctive features of the educational policy of university mergers—their main stages, types, and declared goals. We analyzed cases of university mergers and acquisitions (M&A) from the 1990s to the present, which allowed us to identify and describe four Russia-specific waves of educational policy. Based on the authors’ classification, basic characteristics are attributed to each wave: Universitization, Federal Universities, Optimization, and Flagship Universities. The grounds for classification include such possible forks as similarity of the academic profiles of institutions of higher education (IHEs), the formal hierarchy of the organizations being merged, remote geographical locations, and, importantly, the body that makes decisions about mergers. The article also introduces such concepts as “mobilization,” “optimization,” and “repositioning,” to describe the basic motives of university reorganization. We also show the prevailing motive behind each of the merger waves. The results of this research can be used in planning potential mergers and evaluating completed university reorganizations.
In 2006, Russia amended its competition law and added the concepts of ‘collective dominance’ and its abuse. This was seen as an attempt to address the common problem of ‘conscious parallelism’ among firms in concentrated industries. Critics feared that the enforcement of this provision would become tantamount to government regulation of prices. In this paper we examine the enforcement experience to date, looking especially closely at sanctions imposed on firms in the oil industry. Some difficulties and complications experienced in enforcement are analysed, and some alternative strategies for addressing anticompetitive behaviour in concentrated industries discussed.
портовый менеджмент, показатели деятельности, анализ эффективности, система учета, распределение издержек, методы анализа деятельности портовой системы
At present many industries reveal tendency for setting up of vertically integrated companies (VIC) the structure of which unites all technological processes. This tendency proved its efficiency in oil industry where coordination of all successive stages of technological process, namely, oil prospecting and production -oil transportation - oil processing - oil chemistry - oil products and oil chemicals marketing, is necessary. The article considers specific features of introduction of "personnel management" module at enterprises of oil and gas industry.
vertically integrated companies; personnel management