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Man has been seeking an ideal existence for a very long time. In this existence, justice, love, and peace are no longer words, but actual experiences. How ever, with the American preemptive invasion and occupation of Afghanistan and Iraq and the subsequent prisoner abuse, such an existence seems to be farther and farther away from reality. The purpose of this work is to stop this dangerous trend by promoting justice, love, and peace through a change of the paradigm that is inconsistent with justice, love, and peace. The strong paradigm that created the strong nation like the U.S. and the strong man like George W. Bush have been the culprit, rather than the contributor, of the above three universal ideals. Thus, rather than justice, love, and peace, the strong paradigm resulted in in justice, hatred, and violence. In order to remove these three and related evils, what the world needs in the beginning of the third millenium is the weak paradigm. Through the acceptance of the latter paradigm, the golden mean or middle paradigm can be formulated, which is a synergy of the weak and the strong paradigm. In order to understand properly the meaning of these paradigms, however, some digression appears necessary.

Man has been seeking an ideal existence for a very long time. In this existence, justice, love, and peace are no longer words, but actual experiences. How ever, with the American preemptive invasion and occupation of Afghanistan and Iraq and the subsequent prisoner abuse, such an existence seems to be farther and farther away from reality. The purpose of this work is to stop this dangerous trend by promoting justice, love, and peace through a change of the paradigm that is inconsistent with justice, love, and peace. The strong paradigm that created the strong nation like the U.S. and the strong man like George W. Bush have been the culprit, rather than the contributor, of the above three universal ideals. Thus, rather than justice, love, and peace, the strong paradigm resulted in in justice, hatred, and violence. In order to remove these three and related evils, what the world needs in the beginning of the third millenium is the weak paradigm. Through the acceptance of the latter paradigm, the golden mean or middle paradigm can be formulated, which is a synergy of the weak and the strong paradigm. In order to understand properly the meaning of these paradigms, however, some digression appears necessary.

Evaluates changes in the welfare system in Sweden, the UK and the USA over a decade, basing arguments on the divergence of economic globalization and domestic forces. Presents brief economic snapshots of each country, stating quite categorically that the welfare state is an impediment to capitalist profit‐making, hence all three nations have retrenched welfare systems in the hope of remaining globally economically competitive. Lays the responsibility for retrenchment firmly at the door of conservative political parties. Takes into account public opinion, national institutional structures, multiculturalism and class issues. Explores domestic structures of accumulation (DSA) and refers to changes in the international economy, particularly the Bretton Woods system (Pax Americana), and notes how the economic health of nations mirrors that of the US. Investigates the roles of multinationals and direct foreign investment in the global economy, returning to how economic policy affects the welfare state. Points out the changes made to the welfare state through privatization, decentralization and modification of public sector financing. Concludes that the main result has been an increase in earnings inequality and poverty.

The purpose of this paper is to focus on an online closed-loop (CL) approach for performing dynamic object manipulation (DOM) by a flexible link manipulator.

Toward above goal, a neural network and optimal control are integrated in a closed-loop structure, to achieve a robust control for online DOM applications. Additionally, an elegant novel numerical solution method will be developed which can handle the split boundary value problem resulted from DOM mission requirements for a wide range of boundary conditions.

The obtained simulation results reveal the effectiveness of both proposed innovative numerical solution technique and control structure for online object manipulation purposes using flexible manipulators.

The object manipulation problem has previously been studied, however, for the first time its accomplishment by flexible link manipulators was addressed just in offline form considering an open-loop control structure (Tarvirdizadeh and Yousefi-Koma, 2012). As an extension of Tarvirdizadeh and Yousefi-Koma (2012), the current research, consequently, focusses on a numerical solution and a CL approach for performing DOM by a flexible link manipulator.

The paper aims to examine the consequences of a cross‐border acquisition on business network changes in the Russian bakery industry.

This study employs the IMP group's network approach to analyse the empirical single case study with two embedded sub‐cases.

The empirical study offers a typology on the forms of network change that may be triggered by mergers and acquisitions (M&As), while the conceptual framework broadens understanding of the change sequence and reciprocal interaction among actors, activities, resources and the external environment, with implications for network change analysis.

While the theoretical position developed fits the unique characteristics of the case studied in the industry and country settings, it is necessary to be cautious in generalising the study beyond this context.

For managers of merging parties to garner superior performance from the network changes they initiate, it is critical for them to have precise insights into their network. Other connected actors must also adapt to the changes triggered by the merging parties, if they want to maintain their network positions.

For academicians, the paper attempts to broaden the understanding of different forms of network change that M&As may evoke. For practitioners, it offers a picture of what internal and external adjustments may be required of them following an M&A.

Gives an in depth view of the strategies pursued by the world’s leading chief executive officers in an attempt to provide guidance to new chief executives of today. Considers the marketing strategies employed, together with the organizational structures used and looks at the universal concepts that can be applied to any product. Uses anecdotal evidence to formulate a number of theories which can be used to compare your company with the best in the world. Presents initial survival strategies and then looks at ways companies can broaden their boundaries through manipulation and choice. Covers a huge variety of case studies and examples together with a substantial question and answer section.

The paper aims to examine favor and non‐regression clauses, appearing ‐ in several occasions jointly ‐ in European Community social directives, in order to underline the differences in their nature, function and effects on Member States’ legislation, also considering that the favour clause is now present in the article 137 of the Treaty.

This paper examines operating performance and corporate governance of 181 companies over the period 2003- 2008 (563 firm-year observations), whose customers are governmental agencies, and contrasts their performance to that of companies that have no governmental customers. The sample firms are classified into firms whose customers are (1) domestic governmental agencies, (2) foreign governmental agencies, (3) state governmental agencies, or (4) different combinations of the 3 types. The results show that firms that supply domestic and/or foreign government customers have significantly higher operating income, profit margin and return on asset and lower operating expenses than firms that supply state government customers and than their matched industry peers who do not supply any government customers. These government-supplier firms have lower managerial ownership than their industry peers which suggests potential room for agency problems to develop. Firms that supply domestic and/or foreign government customers have significantly lower executive compensation than firms that supply state government customers and than their matched industry peers.

The purpose of this paper is to further develop the Decision Making Grid (DMG) proposed by Ashraf Labib (e.g. Labib, 1998, 2004; Fernandez et al., 2003; Aslam-Zainudeen and Labib, 2011; Stephen and Labib, 2018; Seecharan et al., 2018) by proposing an innovative solution for determining proactive maintenance tactics based on mean time between failures (MTBF) and mean time to repair (MTTR) indicators.

First, the influence of MTTR and MTBF indicators on proactive maintenance tactics was computed. The tactics included risk-based maintenance (RBM), reliability-centered maintenance (RCM), total productive maintenance (TPM), design out maintenance (DOM), accessibility-centered maintenance (ACM) and business-centered maintenance (BCM). Then, the tactics were allocated to the cells of a DMG with MTTR and MTBF axes. The proposed approach was examined on 32 pieces of equipment of the Esfahan Steel Company and appropriate maintenance tactics were consequently determined.

The findings indicate that the DOM, BCM, RBM and ACM tactics with weights of 0.86, 0.94, 0.68 and 1.00 are located at the corners of the DMG, respectively. The two remaining tactics of TPM and RCM are located at the middle corners. Also, the results indicate that the share of tactics per spotted equipment in the grid as 62, 22 and 16 percent for RCM, DOM and BCM, respectively.

While reactive and preventive maintenance strategies include corrective, prospective, predetermined, proactive and predictive policies, the focus of this study was merely on the tactics of proactive maintenance policy. The advantage of the developed DMG over Labib’s DMG lies in its application for equipment with the unique condition of the bathtub curve.

While the basic DMG has been mostly used regardless of the type of maintenance policies, this study provides a DMG for a specific application regarding the proactive policy. In addition, the heuristic approach proposed for the development of DMG distinguishes this study from other studies.

This paper aims to investigate and compare the impact of foreign and domestic institutional investors on the market value of family and non-family companies. Subsequently, it examines how different degrees of family ownership influence foreign and domestic institutional investors and their value impacts.

The sample of this study includes 339 non-financial firms from NIFTY-500 for 11 years from 2011 to 2020, which contains 128 family and 211 non-family companies. Both static (fixed-effect model) and dynamic (two-step system generalized method of moments) models are employed to test the hypotheses.

Findings suggest that foreign institutional investors outshine domestic institutions regarding value creation. Meanwhile, higher (>50%) family holdings are detrimental to foreign institutional investors, while moderate holdings (26–49%) improve domestic institutional investments. The favorable effect of foreign players gets diluted with the higher (>50%) family holdings, while the adverse impact of domestic players improves with the moderate (26–49%) family holdings. Overall, partial family control is beneficial, while low and absolute family control is detrimental to market value. These findings indicate that institutional investors are family control-dependent, where the family control effect is not static.

This paper offers a novel perspective by addressing the effect of costs and benefits realized at three distinctive levels of family holdings on foreign and domestic institutional investors and their value impacts to witness differences caused by varying family control, which is not done earlier as per the best of our knowledge.