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THE IMPACT OF CEO SUCCESSION WITH GENDER CHANGE ON FIRM PERFORMANCE AND SUCCESSOR EARLY DEPARTURE: EVIDENCE FROM CHINA'S PUBLICLY LISTED COMPANIES IN 1997-2010

Female corporate leadership has drawn increasing attention from academia and practitioners. We contribute to the literature by examining the impact of CEO succession with gender change—i.e., a male CEO succeeded by a female or vice versa. We propose that due to gender differences in executive leadership positions, CEO succession with gender change may amplify the disruption of the CEO succession process and thus adversely affect post-succession firm performance and increase the likelihood of successor early departure. Using data from 3,320 CEO successions in companies listed in China's Shanghai and Shenzhen Stock Exchanges from 1997 to 2010, we find evidence to support this argument. We also find that the negative (positive) impact of male-to-female succession on firm performance (the likelihood of successor early departure) may be weakened by positive organizational attitudes toward female leadership as indicated by the presence of other female leaders on the firm's board of directors and/or top management team, and the successor's inside origin.




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How Do Leader-Departures Affect Subordinates' Organizational Attachment?: A 360-Degree Relational Perspective

Management scholars have noted that leader departures often foreshadow higher turnover intentions (or lower organizational attachment) by subordinates left behind, especially when relationships between the departing leader and the subordinates, or leader-member exchanges (LMX), had been of high quality. In this paper, we posit that the quality of subordinates' relationships with all members of their relational system, not only their leader, must be considered to better understand how leader departures affect subordinates' organizational attachment. Our proposed relationships are illustrated in a theoretical model that includes phenomena at the individual-level (i.e., a subordinate's identification with the departing leader and with his/her organization), at the group-level (i.e., turnover contagion), and at the organizational level (i.e., organization-wide developmental climate). As such, we propose that elucidating how leader-departures affect organizational attachment requires multi-level theorizing and constructs. Theoretical and practical implications of such a 360-degree relational perspective on leader-departure effects are discussed.




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Royal Canin introduces Hematuria Detection

CATS are secretive by nature and they have evolved to hide signs of illness and pain. Oftentimes owners only discover the cat’s sickness at the critical stage, which might be too late or harder for the cat to receive treatment. Therefore, early detection and diagnosis of hematuria are important for the cat’s wellbeing.

Hematuria or blood in the urine is one of the clinical signs of feline lower urinary tract diseases (FLUTD) and it may indicate a serious underlying condition.

In effort to continue making the world better for pets, Royal Canin is introducing Hematuria Detection in Malaysia for the very first time. Hematuria Detection are litter granules that enable early detection of microscopic blood traces in cat’s urine in the comfort of cat owner’s home with only three steps.

Royal Canin, at the same time also introduced the FHN Sterilised Wet Pouch, the gravy variant in addition to the earlier launched kibbles, specially tailored for neutered cats.




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Four things companies need to know about protecting employees during times of crisis

Published on behalf of SAP Concur. Are companies relieved of their duty to care for the wellbeing of their employees during this lockdown period? Angelique Montalto, Regional Sales Director at SAP Concur, clarified the situation: “Organisations owe it to their employees...




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German companies in Malaysia optimistic about prospects in 2025, survey shows

PETALING JAYA: The latest AHK World Business Outlook Fall 2024 Survey conducted among German companies in Malaysia reveals an optimistic forecast for 2025, with positive sentiment about both current conditions and prospects.

The survey highlights key insights reflecting the resilience and growth expectations of German businesses operating in Malaysia.

When asked to assess the current performance of their company, 92% of German businesses in Malaysia report conditions as “good or satisfactory”, which marks a significant increase of 10% compared to the same period last year.

Strong economic development and confidence among German businesses in Malaysia are expected to continue into next year, with 97% of respondents describing the outlook for 2025 as “favourable or stable”.

While Malaysia has always been recognised for its strong economic foundation, this year’s survey results demonstrate a significant boost in confidence, surpassing expectations from last year’s outlook and highlighting the continued resilience of Malaysia’s economy.

Reflecting this confidence, more than 63% of companies expect positive business development over the next 12 months, while 35% anticipate the current stability will be maintained. Only 1.8% predict a decline in performance, showcasing a predominantly positive outlook for the year ahead.

Additionally, four in 10 companies intend to increase investments in the coming year, suggesting a commitment to further growth within the business community.

Employment plans also appear to be promising, with almost half of the German companies in Malaysia indicating plans to ramp up hiring. An equal percentage (47%) intend to retain their current workforce, emphasising a dual approach to growth and stability in human resources.

While the survey paints a generally encouraging outlook for businesses in Malaysia, respondents identified several challenges that could potentially impact their economic development in the coming years.

Survey participants view demand, economic policy conditions, and lack of skilled workers as potential challenges. These insights underscore the need for ongoing vigilance and strategic planning as companies navigate both opportunities and uncertainties in a highly competitive and volatile global market.

Overall, the findings of the survey illustrate a strong confidence among companies in Malaysia, highlighting a positive trajectory for business development and economic growth in the coming year.

Malaysian-German Chamber of Commerce and Industry (MGCC) executive director Jan Noether said, “The results of the AHK World Business Outlook Fall 2024 Survey align perfectly with our expectations for the future of German business in Malaysia. The strong sentiment and optimism reflected in the survey highlight the positive situation we are experiencing here and underscore our confidence in Malaysia’s economic stability and growth prospects. German companies are comfortable and committed to the Malaysian market, with a clear outlook for continued success and expansion in the year ahead. Moreover, Malaysia’s stable economic environment and supportive policies play a key role in stimulating further investment, reinforcing our belief in the country as a reliable and attractive hub for business growth.”

In Malaysia, the survey was conducted between Sept 23 and Oct 16, with 111 respondents from MGCC member companies, comprising mostly German companies with branches or subsidiaries in Malaysia, primarily from the manufacturing, trade, and services sectors.

The survey is part of the broader AHK World Business Outlook, a biannual global research initiative conducted by the German Chamber of Commerce and Industry. It surveys member companies from the network of German chambers of commerce abroad (AHK), which represent more than 40,000 companies in 93 countries.




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COD Manila adopts responsible gaming

City of Dreams Manila, part of the Melco Resorts and Entertainment Group, has taken the initiative to promote and observe responsible gaming practices in the Philippines.




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Former Manila auxiliary Bishop Teodoro Buhain, 87

Buhain was one of the two auxiliary bishops of Manila during the tenure of the late Jaime Cardinal Sin. He served alongside former Bishop Socrates Villegas, who was Sin’s spokesperson and is now the Archbishop of Lingayen-Dagupan.




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Rock 'n' Roll Series Manila back for 3rd year

The ASICS Rock 'n' Roll Running Series Manila, presented by AIA Vitality, returns on November 23-24 for its third year, bigger and bolder than ever.




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Manifest V3, Ad Blockers, Extensions and What You Should Know

...




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Renowned Pakistani mountaineer Sadpara missing during K2 climb, rescue launched

Rescue helicopter asked to fly as high as possible to maximise chances of locating missing climbers




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Pakistan Army rescues Russian and Pakistani climbers from Gilgit-Baltistan peak

Group of Russian climbers were trapped after an Avalanch hit the Gasherbrum IV mountain in Gilgit-Baltistan region.




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Seeing double? Hania Aamir’s Indian lookalike takes the internet by storm

After a Swedish doppelganger in 2021, a teen from across the border is the actor’s latest twin




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Sania Saeed can’t get enough of Nadia Afgan’s wit on screen

Actor shared a clip on IG praising her fellow star




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Reliance and Bollywood stars amplify Ambani wedding bash

Star-studded nuptials started in March with a three-day pre-wedding party with a performance by superstar Rihanna




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Is that Khloe Kardashian or Rakhi Sawant? The Ambani wedding is attracting more memes than guests

Social media did not disappoint when it came to satirical coverage of the event




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Concert review: A Pakistani at Taylor Swift’s ‘The Eras Tour’ in London

Singer takes you on a three-and-a-half hour journey spanning over 18 years of music




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Afghanistan to begin work on TAPI gas pipeline

.Progress on the TAPI pipeline has been repeatedly delayed because of security issues in conflict-ravaged Afghanistan




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Visa eyes 10-fold rise in Pakistani acceptance

Partners with 1Link to streamline remittances, encourage digital transactions.




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Misha Lakhani Couture collection for Autumn Winter 2024 showcases effortless glamour

Resplendent with handcrafted heritage, each piece is garbed with an ethereal blend of rich and meticulous detail




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Celebrate in Style: 12 Fabulous Birthday Nail Designs for a Standout Manicure

Today is the youngest you’ll ever be!




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Barzakh' producer takes a swipe at Pakistani viewers

Zindagi's Shailja Kejriwal says she has numbers to prove what people are watching



  • Life & Style

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Hania Aamir tracks down 'Indian culprit' behind viral explicit deepfake video

After identifying the culprit, Hania Aamir urged fans to report the account, which has changed names multiple times.



  • Life & Style

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Malala Yousafzai to support Pakistani film industry in future projects

The Nobel laureate emphasised the importance of supporting Pakistani films and dramas to encourage the industry.




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11 Stunning Earthy Manicures to Sport This Virgo Season

Let Virgo season inspire your nails with a blend of earthy tones and flawless precision.




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Shortage of veterinary medicines leaves animals at risk

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Biryani: a spicy recipe for delectable debate

Karachi's biryani vendors offer variations of the beloved dish, reflecting South Asia's shared heritage




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The vanishing roadside book stalls of Rawalpindi

As readership declines, roadside sellers struggle for survival





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JS Animated. How to change slider speed

This tutorial shows how to change the slider image rotation speed in JS Animated templates. The slider, usually used in the JS Animated templates is called TM_Slider and as any other jQuery based slider it has various settings. Let’s see …

The post JS Animated. How to change slider speed appeared first on Template Monster Help.




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Lies, Panic, And Politics: The Targeted Takedown Of Backpage

The case against Backpage was built on lies, innuendo, and a willful misunderstanding of how the internet works. But that didn’t stop the government from destroying the company and its founders’ lives. Over the last few years, we’ve written about how the entire case against Backpage was a travesty of justice. The company actually worked […]




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Judge In Absolute Bullshit Copyright Case Against Mariah Carey Signals She’s Leaning Carey’s Way

As the saying goes, the arc of morale judgment is long, but it does bend towards justice. And even if we accept such an optimistic worldview is relevant in this year of our lord, 2024, that certainly doesn’t mean we can’t bitch about how long that damned arc is. It’s been over two years since […]




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Fresh clashes in Manipur

Manipur violence spikes as BJP law stokes Meitei-Kuki clashes and media blackouts




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Australia strips military officers of war medals over Afghanistan war crimes

A 2020 report had recommended investigations into 19 soldiers for the killing of 39 Afghan civilians and prisoners.





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UFC Vegas 97: Brady defeats Burns by unanimous decision

Natalia Silva, Steve Garcia, Cody Durden, and Yanal Ashmouz also secure victories at the MMA event




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Record-breaking Iranian javelin thrower stripped of Paralympic gold over display of 'religious' flag

The turn of events altered the medal standings, upgrading the silver medal of India’s Navdeep Singh to gold.




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Why Political Organizations Always Drift Off Left: O’Sullivan’s Law, Experienced

Activism: As the Pirate Party slowly veered to the left in politics, I got to experience Sullivan’s Law, which states that organizations that don’t outright declare themselves otherwise will inevitably drift off to the political left. The law doesn’t explain this phenomenon, but I think I can.

The Pirate Party was unique in its composition of activists. Whereas most political organizations can plot the political attitudes of their activists to a bell curve on the political left-to-right scale, that is, the organization can identify a clear peak and center mass where they lie politically, the Pirate Party instead had a complete empty trough in the middle, with waves crashing into the left and right wall on the left-to-right spectrum plot.

We had the most fervent anarchocapitalists and the most fervent anarchocommunists. At the same time. Cooperating. That was probably something of a political first. It also allowed me to see differences between these two groups that weren’t clear from the outset, and which might explain why organizations drift left over time.

O’Sullivans Law states that any organization that is not expressly right-leaning in politics will change over time to become left-leaning. There are some hypotheses as to why, including the observation that right-wing people will tolerate and even welcome left-wing people in an otherwise unpolitical organization, but that left-wing people will generally not tolerate right-wing people. While this observation can be made, I believe it is not enough for an entire organization to shift politically.

The explanation is far simpler, and it’s been hiding in plain sight for everyone.

Left-wing people are collectivists. They believe that the greater good shall have precedence over the wishes and desires over the individual, and organize to achieve this. Conversely, they do not feel at home when somebody tells them to promote a cause in whatever way they themselves think is best in their individual situation.

Right-wing people are individualists. They believe that the greatest good, even for the worst-off people, is best achieved by giving individuals as free reign as possible so that innovation and creativity can take place. Conversely, they do not feel at home when somebody is trying to dictate to them what to do and not to do.

This is almost painfully clear when working with both groups at the same time in a political organization. Ah yes, that’s the magic word, right there. Organization. A Non-profit organization, specifically. Do you know how these are run?

Basically without exception, they are run as a general assembly, where people are elected to positions and decisions are taken with a majority vote.

…decisions are taken with a majority vote.

It became painfully clear to me, that the form of a neutral association — the form we have, or had, accepted as neutral — is actually nothing of the sort. It turns out, that an organization that takes collective decisions promotes people who like collective decision-making, and turns away people who prefer individual initiatives.

The association with its board, its general assembly, and its majority votes isn’t neutral. It is pushing its membership left, through its very nature, by selecting for those who enjoy collective decision-making and procedural trickery, and marginalizing those who prefer individual initiatives.

This is why, if I were to found a new political organization today, I would never use the traditional Non-profit Association format, for it is not neutral and it will ruin whatever original vision you had.

For this same reason, I have come to be sceptical of center-right political parties who are run by this majority vote. They’ll never be as powerful as they can be, had they instead organized by individual initiatives — because they are competing against left-wing political parties who feel right at home in this form of organization, which they usually mandated to be the norm for everyone.




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Felix Prangenberg, Kriss Kyle & Daniel Tünte in CPH 2017





Happy Days: Kriss Kyle, Felix Prangenberg & Daniel Tünte in Copenhagen | freedombmx


Felix Prangenberg was with his Nike team mates Kriss Kyle , Daniel Tünte and Freedombmxmag in copenhagen, to film a new street video, which turned out sick!
Enjoy the video, your kunstform BMX Shop.

Video: Freedombmxmag

Subscribe our youtube channel: https://www.youtube-nocookie.com/kunstformbmxshop




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Daniel Schuhbauer



Daniel Schuhbauer is a passionate BMX trails rider who has been riding and building the Aichwald trails for many years. These trails have developed into one of the most popular trail spots around Stuttgart, not least thanks to Daniel's commitment and dedication to BMX.

BMX since: 2006
BMX discipline: Trails
Hometown: Stetten i. R.
Place of residence: Fellbach
Sponsors: kunstform BMX Shop
Homespots: Aichwaldtrails
Favorite activity other than BMX: time with family and friends, live music
Instagram: nope, all what matters is @aichwaldtrails






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Man claiming to be 'Christ' kills monk at Spanish monastery

A worshipper holds up a cross during the Good Friday procession at the Via Dolorosa in Jerusalem's Old City, March 29. — Reuters

A 76-year-old monk died on Monday after being attacked by a man shouting "I am Jesus Christ" in a monastery in southeastern Spain, the religious order...




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Afghanistan's Taliban eye aid at their first UN climate talks since 2021 takeover

Mawlawi Matiul Haq Khalis, director-general of Afghanistan's National Environmental Protection Agency meets with the media on the sidelines of the United Nations Climate Change Conference in Baku on November 11, 2024. — AFP

BAKU: The first Afghan official to attend UN...




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Pakistanis make 20m daily attempts to 'access explicit websites' via VPNs

The picture shows a person using VPN on mobile phone. — Canva/FilePTA blocks over 844,000 websites, more than 100,000 URLs for explicit content.Unregistered VPNs cited as security risks; PTA accelerates VPN registration.Complaints of slow VPN speeds rise as PTA restricts unauthorised...




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Pakistani golfer finishes 5th in ADT Ambassador Open

Pakistani golfer Ahmad Baig. — Provided by the reporter

KARACHI: Pakistani golfer Ahmad Baig delivered an impressive performance at the ADT Ambassador Open in Taiwan, finishing in fifth place with a total score of two-under-par over four rounds.

The event,...




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European fake art network involving Banksys, Warhols, Modiglianis uncovered in Italy

Italian authorities say a network of European art forgers who painted fake Warhols, Banksys and Picassos and then tried to sell them to unsuspecting buyers with the help of complicit auction houses has been dismantled.




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Eminem, Alanis Morissette, Sheryl Crow, N.W.A. and Janet Jackson get Songwriters Hall of Fame nods

Eminem, Boy George, George Clinton, Sheryl Crow, Janet Jackson, the Doobie Brothers, N.W.A. and Alanis Morissette are among the nominees for the 2025 class at the Songwriters Hall of Fame, an eclectic group of rap, rock, hip-hop and pop pioneers.




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Oregon a unanimous No. 1 ahead of first playoff rankings, followed by Georgia, Ohio State

Oregon was the unanimous choice for No. 1 in The Associated Press college football poll on Sunday, strengthening its bid for the top spot in the College Football Playoff selection committee's first rankings of the season.




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Self-driving cars post liability questions as companies expand

Self-driving cars have the potential to dramatically change transportation, but collisions between humans and autonomous vehicles pose complicated legal challenges.




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Sanders rallies the troops for Harris in Pennsylvania, but issues warning

Sen. Bernie Sanders has reaffirmed his support for Vice President Kamala Harris and her quest to become president. The Vermont independent, who endorsed Ms. Harris in August, has followed up with a statement issued through Our Revolution, a grassroots political action organization he founded after the 2016 presidential election.




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Babydog hits the campaign trail -- accompanied by West Virginia's Gov. Justice

Here's a campaign event of note, set for Monday in the great state of Pennsylvania and featuring a lovely and personable pooch. "Join West Virginia Gov. Jim Justice and Babydog for food and fellowship at a Team Trump Road Trip Event in Erie, Pennsylvania," the Trump campaign noted Sunday in the briefest of brief written notices.




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Melania Trump's autobiography remains atop Amazon's list of bestsellers

It is of note that incoming first lady Melania Trump's autobiography remains No. 1 on Amazon's "most sold" bestseller list. Her book -- which was published Oct. 8 by Skyhorse -- has also reached No. 1 in the categories of memoirs, political leader biographies and -- interestingly enough -- in traveler and explorer biographies.