This case is about the need for organizations to develop skills in adapting to changing times, what a leader did to build a change-ready organization and navigate his organization through the COVID-19 pandemic, and what he is doing to prepare his organization for the future. The reader is...

Limited attention has been paid to considering how potentially conflicting interests of place-based authorities and firms might impact on the ability of a place to attract and retain benefits from circular economy activity. This chapter analyses the interplay between firms and local agencies in...

This chapter introduces dividend smoothing, presents theories to explain dividend smoothing behavior, and analyzes how different levels of business environment affect dividend smoothing. First, dividend smoothing describes a mechanism in which a firm is reluctant to reduce dividends and only...

Abstract Are divestitures really just the “flip side” of acquisitions? Both divestiture and acquisition are important processes for firm scope change. Frequently, these processes are considered to be “two sides of the same coin” wherein a divestiture is simply an acquisition performed...

This chapter explores the acquisition of German Linde Hydraulics by Chinese ‘Weichai Power’ in their strategy to become a prominent player in the global market. This case study illustrates the leadership challenges of managing cross-cultural cooperation and integration in a merger and...

The global economy is facing a steep challenge from volatility, risk and uncertainty associated with climate change, pandemics, regional conflicts and trade wars which are unprecedented and overlapping. These crises are leading to macro- and microeconomic imbalances. The immediate effects like...

The damages from weather-related disasters, especially with runaway climate change, have been on the rise in Asia. All three elements of disaster risk - hazard, exposure, and vulnerability - show a rising trend, with considerable country differences. For example, rapid urbanization, population...

Abstract Travel aimed in experiencing the arts, heritage, and activities that authentically depict the stories and people of the past and present is referred to as cultural and heritage tourism. This has gathered a lot of attention in the last 10 years. In order to protect their valuable...

Abstract This chapter considers the role and features of co-location and coopetition in the framework of slow (city) tourism using the city of Rovaniemi as a case study example. Rovaniemi, as a tourism destination, contains three main service agglomerations: Santa Claus Village near the Arctic...