Thirty Years After Michael E. Porter: What Do We Know About Business Exit?

Although a business exit is an important corporate change initiative, the buyer’s side seems to be more appealing to management researchers than the seller’s because acquisitions imply growth, i.e., success. Yet from an optimistic viewpoint, business exit can effectively create value for the selling company. In this paper we attempt to bring the relevance of the seller’s side back into our consciousness by asking: What do we know about business exit? We start our exploration with Porter (1976), focusing on literature that investigates the antecedents of, barriers to, and outcomes of business exit. We also include studies from related fields such as finance and economics.1 Through this research we determine three clusters of findings: factors promoting business exit, exit barriers, and exit outcomes. Overall, it is the intention of this paper to highlight the importance of business exit for research and practice. Knowing what we know about business exits and their high financial value we should bear in mind that exit need not mean failure but a new beginning for a corporation

H.J. Anslinger letter regarding Devil's Weed film

This letter from H.J. Anslinger, U.S. Commissioner of Narcotics, supports the Ohio Division of Censorship's decision to ban the film, "The Devil's Weed." The letter is one page and measures 8.5" x 11" (21.59 x 27.94 cm). The Ohio Division of Film Censorship was established as part of the Ohio Department of Education in the 1910s and continued through the 1950s. It evaluated hundreds of movies prior to release in the state. Hallmark Productions in Wilmington, Ohio, submitted "The Devil's Weed" to the censorship board in 1950 and was rejected. According to Hallmark Productions, the educational film showed the students the consequences of marijuana use and discouraged students from trying the drug. The censorship board rejected the film, however, arguing that it promoted marijuana use among teenagers. The case went to the Ohio Supreme Court in June 1950; it was the third time the state court reviewed a decision of the censorship board. In all three instances, the court upheld the decision of the censorship board to ban the films

A new method for the evaluation of matches in non-recombining genomes: application to Y-chromosomal short tandem repeat (STR) haplotypes in European males

The attrition of early career teachers has been identified as an international issue. This paper reports on an Australian study that sought to identify the lived experiences of beginning teachers in one independent school system in their first three years. Areas such as the teacher’s job satisfaction and impacting factors were addressed. Data revealed that the main drivers for teachers terminating their teaching career in the first few years are connected to work/life balance, the level of support from administration, the teacher’s mentor, and the level and appropriateness of the professional development they are permitted to attend

Is the Government Keeping the Peace or Acting Like Our Parents? Rationales for the Legal Prohibitions of GHB and MDMA

Various concerns and rationales have been the driving force for drug regulation in the United States. The Controlled Substances Act of 1970 (CSA) set up a comprehensive list of schedules and criteria that were intended to guide how all drugs were to be regulated, based on abuse liability and medical utility. This law was also supposed to eliminate the hodgepodge efforts of Congress in determining which drugs were legal to use and which ones were not, often based on utilitarian rationales. A comparative content analysis of the witness testimony at scheduling hearings, regarding two controlled substances, suggests that rationales for the scheduling of gammahydroxybutyric acid (GHB) typically were based on J. S. Mill\u27s harm to others utilitarian approach, whereas the scheduling of methylene-dioxy-methamphetamine (MDMA) was typically based on the utilitarian approach of legal paternalism