This paper examines when firms pursue structural realignment through the recombination of business units. Our results refine and extend contingency theory and studies of organization design by drawing on theories of decision avoidance and delay to describe conditions when firms pursue or postpone structural realignment. Our empirical analysis of 46 firms from 1978 to 1997 operating within the U.S. medical device and pharmaceutical sectors demonstrates that while decision makers initiate structural recombination during periods of industry growth (i.e., munificence), they reduce their recombination efforts during periods of industry turbulence (i.e., dynamism) and managerial turbulence (i.e., growth in top management team size). We also find evidence that firms delay realignment and bide their time for better environmental conditions of declining turbulence and industry growth before pursuing more structural realignment. Together, these findings suggest that decision makers often delay initiating structural recombination until they can effectively process information and assess how structural changes will help them realign the organization to the environment.

In Strategic Corporate Social Responsibility (3rd edition) (SCSR), David Chandler and William B. Werther Jr. advance the view that the ability of firms to create value for a range of stakeholders over the medium- and long-term requires that they embed CSR into their strategies and operations. Its focus on the integration of CSR into strategic planning and implementation distinguishes SCSR from competing business and society textbooks, which tend to survey the field or focus on the management of the firm's relationships with stakeholders and society.

Why are some serious cases of corporate irresponsibility collectively forgotten? Drawing on social memory studies, we examine how this collective forgetting process can occur. We propose that a major instance of corporate irresponsibility leads to the emergence of a stakeholder mnemonic community that shares a common recollection of the past incident. This community generates and then draws upon mnemonic traces to sustain a collective memory of the past event over time. In addition to the natural entropic tendencies toward forgetting, collective memory is also undermined by instrumental 'forgetting work', which we conceptualize in this paper. Forgetting work involves manipulating short-term conditions of the event, silencing vocal 'rememberers' and undermining collective mnemonic traces that sustain a version of the past. This process can result in a reconfigured collective memory and collective forgetting of corporate irresponsibility events. Collective forgetting can have positive and negative consequences for the firm, stakeholders and society.

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FileZilla Client is a fast and reliable cross-platform FTP, FTPS and SFTP client with lots of useful features and an intuitive graphical user interface. Among others, the features of FileZilla include the following: Easy to use Supports FTP, FTP...

This book serves as a comprehensive guide for individuals interested in mobile robotics, including: (i) novices interested in programming simple simulated robots; (ii) individuals with basic knowledge of robotics, that is, intermediate learners, who seek to know

Under cross-examination on Wednesday, Urfan Sharif unexpectedly said: “She died because of me.”

LONDON: The Archbishop of Canterbury Justin Welby resigned on Tuesday, saying he stepped down “in sorrow” after failing to ensure there was a proper investigation into allegations of abuse by a volunteer at Christian summer camps decades ago.

Welby, the spiritual leader of 85 million Anglicans worldwide, had faced calls to resign after a report last week found he had taken insufficient action to stop a person it described as arguably the Church of England’s most prolific serial abuser.

“Having sought the gracious permission of His Majesty The King, I have decided to resign as Archbishop of Canterbury,“ Welby said in a statement.

“I hope this decision makes clear how seriously the Church of England understands the need for change and our profound commitment to creating a safer church. As I step down I do so in sorrow with all victims and survivors of abuse.”

JAKARTA: Indonesia's President Prabowo Subianto met with U.S. President Joe Biden at the White House on Tuesday and offered his congratulations to President-elect Donald Trump by phone during an official visit to Washington.

“I will work very hard to strengthen Indonesian-United States relationship, and I would like to work towards this end that we have a strong cooperation,“ said Prabowo.

Prabowo, who has said he will pursue a non-aligned foreign policy, met with Biden in the Oval Office after posting a video of his call to Trump.

He arrived in Washington straight from China, where he had met with President Xi Jinping on his first overseas trip since taking office last month.

Washington sees Indonesia, the most populous country in Southeast Asia, as an important partner in a region where its rival Beijing has deep trade and investment ties. Indonesia is also the world's most populous Muslim-majority country.

While China is a key economic partner for Indonesia, Jakarta has also become a big buyer of U.S. arms, and it wants to sell the West more metals from its mines.

At the White House, Biden said the two leaders were discussing climate, conflict in the Middle East and the South China Sea.

Indonesia said on Monday it does not recognize China's claims over the vast majority of the South China Sea, despite signing a maritime development deal with Beijing.

“We continue to encourage Indonesia to work with their legal experts to make sure any agreement they make with (the People’s Republic of China) is in accordance with international law, especially the UN Convention on the Law of the Sea,“ said White House spokesperson Karine Jean-Pierre at a press briefing.

TRUMP CALL

Prabowo's office said he made the call to Trump on Monday after arriving in Washington. It did not immediately respond when asked if he is scheduled to meet Trump in person.

“Wherever you are, I’m willing to fly to congratulate you personally, sir,“ Prabowo said in the video of the call posted on his social media accounts.

“We’ll do that, anytime you want,“ Trump replied.

Trump described his own election victory as amazing, and said it gave him a big mandate.

He also said the Indonesian president was “very respected,“ and praised his English, to which Prabowo, a former special forces commander, replied: “All my training is American, sir.”

Prabowo also met with several U.S. company representatives in Washington, his office said, including from Freeport McMoRan and energy company Chevron, and urged the companies to invest in Indonesia. (Reporting by Stanley Widianto in Jakarta and Jeff Mason in Washington; Writing by Trevor Hunnicutt; Editing by John Mair, David Gregorio and Rosalba O'Brien)

NEW DELHI: A toxic haze enveloped India’s national capital on Wednesday morning as temperatures dropped and pollution surged, reducing visibility in some parts and prompting a warning from airport authorities that flights may be affected.

Delhi overtook Pakistan’s Lahore as the world’s most polluted city in Swiss group IQAir’s live rankings, with an air quality index (AQI) score of more than 1,000, considered “hazardous”, but India’s pollution authority said the AQI was around 350.

Officials were not immediately available to explain the variation.

The India Meteorological Department (IMD) said the pollution had reduced visibility to 100 metres (328 feet) in some places by around 8 a.m. (0230 GMT).

“Low visibility procedures” were initiated at the city’s Indira Gandhi International Airport, operator Delhi International Airport Limited said in a post on social media platform X.

“While landing and takeoffs continue at Delhi Airport, flights that are not CAT III compliant may get affected,“ the authority said.

CAT III is a navigation system that enables aircraft to land even when visibility is low.

The IMD said the city’s temperature dropped to 17 degrees Celsius (63 degrees Fahrenheit) on Wednesday morning from 17.9C on Tuesday, and may fall further as sunlight remains cut off due to the smog.

Delhi battles severe pollution every winter as cold, heavy air traps dust, emissions, and smoke from farm fires set off illegally in the adjoining, farming states of Punjab and Haryana.

Previously, authorities have closed schools, placed restrictions on private vehicles, and stopped some building work to curb the problem.

The city’s environment minister said last week that the government was keen to use artificial rain to cut the smog.

Pakistan’s Punjab province, which shares a border with India, has also banned outdoor activities, closed schools, and ordered shops, markets and malls to close early in some parts in an effort to protect its citizens from the toxic air.

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Egypt has bolstered Malaysia-Egypt bilateral relations, unlocking RM4.8 billion (US$1.1 billion) in potential export opportunities for Malaysia, according to the Ministry of Investment, Trade and Industry (MITI).

MITI stated that this export potential was largely generated through a roundtable meeting attended by 60 industry and business leaders from 47 Egyptian firms and key business associations, as well as 40 representatives from 20 Malaysian companies.

“During the session, productive discussions between Malaysian and Egyptian companies identified export potential worth RM4.8 billion (US$1.1 billion), particularly in high-value sectors such as automotive, chemicals, oleochemicals and renewable energy,” MITI said in a statement.

Egyptian companies also expressed interest in investment opportunities in Malaysia, particularly in medical devices and pharmaceuticals, MITI added.

The official visit took place from Nov 10-12, 2024.

In a bilateral meeting during the visit, MITI Minister Tengku Datuk Seri Zafrul Abdul Aziz and Egypt’s Minister of Investment and International Trade Hassan El Khatib agreed to reactivate the Malaysia-Egypt Joint Trade and Investment Committee (JTIC).

Malaysia will host the second JTIC Meeting in early 2025, focusing on collaboration in the semiconductor sector, renewable energy, the halal industry and digital transformation.

The two ministers further agreed that Malaysia’s Investment Development Board (MIDA) and Egypt’s General Authority for Investment and Free Zones (GAFI) should sign a memorandum of understanding to enhance bilateral investment relations.

To support Malaysian exporters’ access to North African and Arab markets, MITI noted that Malaysia’s trade office in Cairo, managed by the Malaysia External Trade Development Corporation (MATRADE), was upgraded in January 2024, offering improved market access and export support services.

Meanwhile, national carmaker Proton has expanded into the Egyptian market with a local assembly plant.

Assembly activities began with the first delivery of Proton’s completely knocked down (CKD) vehicles in September 2024, and sales are expected to start in January 2025, with a target of 16,000 units for the period 2024–2026, MITI reported.

Bilateral trade between Malaysia and Egypt from January to September 2024 rose 21.4% year-on-year to RM3.0 billion (US$648 million), compared to RM2.4 billion (US$545.5 million) in the same period last year.

Egypt was Malaysia’s fifth-largest trading partner in Africa in 2023.

Tengku Zafrul said MITI is confident this bilateral relationship will continue to grow, positively impacting the economy and supporting the objectives of the New Malaysian Industrial Master Plan (NIMP) by 2030.

“MITI and its agencies will take prompt follow-up action to ensure that all agreed initiatives are implemented efficiently,” he added.

KUALA LUMPUR: A group of planters and stakeholders in the East West One Group (EWOG) schemes urgently calls on Pacific Trustees Bhd (PTB) to release the funds necessary for the company’s approved rehabilitation and restructuring (R&R) exercise.

The majority of EWOG’s investors, represented by Thirunavukarasu Illamurugan, Yong Chin Koi, and Mahadevan Kathirgamathamby, are concerned that PTB’s continued withholding of these funds could further damage the company’s financial health, potentially leading to irreversible losses.

To recap, EWOG obtained planters’ approval of the company’s R&R exercise across all three schemes: East West One Planter’s Scheme (EWOP), East West Horizon Planter’s Scheme, and East-West Planter Scheme 1.

EWOG, in a statement, said the past few years have seen significant challenges that have severely impacted plantation operations, including the global Covid-19 pandemic, La Niña weather phenomena, industry-wide labour shortages, land disputes with landowners, and repeated injunctions that prevented timely convening of planters’ meetings from addressing these issues.

These cumulative challenges have compounded the company’s cash flow problems, resulting in an inability to meet payment obligations.

According to a statement by EWOG, despite the overwhelming support for the R&R plan from planters and stakeholders at the August 12 Planters’ Meeting, critical rehabilitation work on EWOG’s plantation assets remains stalled due to this delay.

For over a year, the plantation palms have relied solely on natural soil fertility, with no structured fertilisation or agronomic practices.

Prompt initiation of the R&R program is essential to restoring the plantation’s productivity.

This program leverages enhanced agronomic practices and inputs to increase fresh fruit bunch (FFB) production.

With crude palm oil (CPO) prices currently above RM4,000 per ton and projected to hold through 2025, the company has a unique window to capitalise on these favourable market conditions.

Proceeds from FFB sales could also partially offset ongoing rehabilitation costs, creating a sustainable pathway to recovery.

“Every day of delay further impacts our ability to restore the plantation and diminishes potential returns for all investors,” said Thirunavukarasu in the statement.

“These funds, specifically held in trust for the plantation’s rehabilitation, need to be released without further delay,“ he said in the statement.

According to a recent court filing by East West Horizon Plantation Bhd, the management continues to face challenges due to PTB’s reluctance to finalise necessary trust deeds despite ongoing efforts from EWOG’s management and legal team.

This impasse prevents the release of funds crucial for the R&R efforts, posing increased risks to the plantation assets and investor returns.

The investors’ representatives stressed that “a swift resolution is essential to launch the rehabilitation efforts and generate returns for all stakeholders.”

“It is time to move past the standstill and allow the EWOG group to implement the R&R plan for the benefit of all involved.”

[…] occurred to me – but Karen Blakeman has posted this advice – SEASONAL OPENING TIMES – NEVER TRUST GOOGLE’S ANSWERS (OR BING’S) (Dec 29) – information about open and closed times of shops might not be right – always […]

[…] Update vom 10.2.2017, Karen Blakeman’s Blog: New Creative Commons image search – back to the drawing board I’m afraid […]

[…] Se også Karen Blakeman’s Bloginnlegg. […]

Earnings of diversified conglomerate San Miguel Corp. rose by nearly a fifth in the nine months ending September on the back of strong revenue growth across its businesses.

Member savings collections of the Home Development Mutual Fund, commonly known as Pag-IBIG, reached almost P100 billion as of the third quarter, allowing the agency to finance the higher demand for home loans.

Lower profits in its sugar and renewables business weighed down the performance of Gokongwei-led food and beverage firm Universal Robina Corp. in the nine months ending September.

Earnings of Philippine banks rose by 6.4 percent to P290 billion from January to September compared to last year’s P273 billion, according to the Bangko Sentral ng Pilipinas.

The Bureau of Customs saw its collections rise to P90 billion in October as it ramped up proper tax verification on various imported goods.

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.

Australian NBA star Ben Simmons’ expiring salary was floated by veteran sports journalist Bill Simmons of The Ringer as one of the trade chips for the Brooklyn Nets in the potential Giannis Antetokounmpo sweepstakes.

This is my usual Christmas/New Year reminder to never trust Google’s answers (or Bing’s) on opening times of shops over the holiday season, especially if you are thinking of visiting small, local, independent shops. I was contemplating going to our True Food Co-operative but suspected that it might still be shut. A search on my … Continue reading Seasonal opening times – never trust Google’s answers (or Bing’s) →

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Hey geeks! Remember when Google rolled out goo.gl back in 2009? Yup, it was that long ago. Other than Bit.ly, it was the go-to tool for turning those ridiculously long URLs into neat, tiny links. Fast-forward 15 years, and Google's decided it's time to pull the plug on goo.gl. So, what does this mean for you, me, and the entire internet? Let's dive in. Why People Use URL Shorteners People use URL shorteners to create clean links because no one wants to share ugly, lengthy URLs. Shortened links also allow users to measure the performan...

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Vehicle prices are continuing on the downward trajectory, which is something that money expert Clark Howard has been saying would happen. “The used vehicle prices are on a steady downturn, and the new vehicles are on a downturn as well but not as steep because they don’t have as far to fall as the used […]

The post Report: 10 Used Cars With Big Price Drops appeared first on Clark Howard.

It's really confusing when you try to pick a cell phone plan because unlimited doesn't mean unlimited! Here are your options.

The post Unlimited Plans Comparison: T-Mobile vs. AT&T vs. Verizon appeared first on Clark Howard.

Mint Mobile relies on T-Mobile's towers to provide customers with the same coverage at a cheaper price, but is it worth the savings?

The post Mint Mobile Review: 6 Things To Know Before You Sign Up appeared first on Clark Howard.

Red Pocket Mobile provides low-cost cell phone plans and lets you choose your network. Read our review before you sign up!

The post RedPocket Mobile: 6 Things To Know Before You Sign Up appeared first on Clark Howard.

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