Academic literature on the topic 'Krug (Firm)'

Purpose The purpose of this paper is to provide an understanding of the importance of socioemotional wealth (SEW) to family firms in Poland viewed through the lens of the events surrounding the first hostile takeover bid of the post-communist era on the Warsaw Stock Exchange when the clothing company Vistula & Wólczanka (V&W) made an unsolicited, leveraged bid for the family-controlled jewelry company W. Kruk. Design/methodology/approach The 2008 takeover and its aftermath are described in the context of the corporate governance and legal environment in Poland. The case study events demonstrate the connection between firm behavior and SEW theory. Findings After the acquisition of W. Kruk by V&W, the Kruk family purchased stock in the newly named Vistula Group and gained influence over the supervisory board in concert with a business ally, eventually wresting back control of the company in the style of a Pac-Man “defense.” The case study illustrates the importance of SEW in family firm takeovers. Research limitations/implications The case study design has limitations for generalizability. Nevertheless the research highlights the important role of SEW preservation in understanding the market for corporate control of listed family firms in Poland. Practical implications Understanding the reaction by family firms to takeover bids requires recognition that there is a tradeoff between financial and SEW considerations, not just financial gains and losses. Originality/value The case study demonstrates the importance of SEW to family firms and suggests that the balance of power in takeovers on the Polish stock market rests with incumbent management.

Danmark er et krigsførende land. Det er dog forholdsvist let at overse. Her er hverken rationeringsmærker, mørklægningsgardiner eller grandiøse støtteerklæringer til rigets forsvar. Alligevel bliver det i disse år langsomt tydeligere, at krigens virkelighed presser sig på. Fra dokumentarfilmen Armadillo over diskussioner om veteranpolitik, tortur og ikke mindst med Danmarks militære indsatser i verdens brændpunkter, bliver krigen med små skridt præsent. SLAGMARK har derfor sat sig for at undersøge krigen. I tre skridt gør dette nummers artikler os klogere på problemstillingen. Først trænes vores blik i at spore krigen i vores dagligdag. Dette sker gennem et opmærksomt essayistisk blik på krigen i den danske hverdag og en antropologisk analyse af vores nyligt indførte hjemkomstparader. Derefter undersøger vi idéhistorisk, hvordan en ung Hugo Grotius argumenterede for, at et handelskompagni kunne føre retfærdig krig og dermed skrev det private firma ind som en legitim aktør, der også kunne føre krig. Og i samme tråd viser den historiske sociologi os, med hjælp fra Niklas Luhmann og Carl von Clausewitz, at det ikke burde overraske nogen, at krigsførende lande ofte ender med slunkne statskasser, som f.eks. USA aktuelt lider under. Til sidst kigger vi nærmere på samtidens krige. Martin Heidegger bruges til at reflektere over dronepiloterne, som fra Nevada udfører angreb i Afghanistans bjerge, ligesom vi også bliver klogere på en af vores erklærede fjenders udvikling og påståede død, nemlig organisationen al-Qaida. Sidst, men ikke mindst, underkastes forsvaret af tortur med henvisning til den tikkende bombe en skarp analyse og kritik.

In the ninth poem of the cycle “land van genade en verdriet” (“country of grace and sorrow”) in the collection “Kleur kom nooit alleen nie” (“Colour never comes on its own”), Antjie Krog contends that the old is “stinking along” ever so cheerfully/ robustly in the new South African dispensation. This could also hold true for the new democratic Poland. Krog and the Polish poet Adam Zagajewksi could, in fact, be described as “intimate strangers”, specifically with regard to the mirrored imagery of “country of my skull”/“skull of my country” present in their work. The notion of “intimate strangers” may be seen as pointing toward the feminine dimension of subjectivity, which could be elaborated along the lines of Bracha Ettinger’s concept of “matrixial borderlinking”. Ettinger has made a significant contribution to the field of psychoanalysis, building on Freud and Lacan. She investigates the subject’s relation to the m/Other, and the intimate matrixial sharing of “phantasm”, “jouissance” and trauma among several entities. Critical of the conventional “phallic” paradigm, Ettinger turns to the womb in exploring the “borderlinking” of the I and the non-I within the matrix (the psychic creative “borderspace”). With these considerations as point of departure, and with specific reference to the closing poem in Krog’s “Country of my skull” and Zagajewski’s “Fire” (both exploring “weaning” experiences in recent personal and public history), I intend to show how the public/political is connected to the personal/psychological, and vice versa, and how committed literary works like those of Krog and Zagajewski can be clarified further from a psychoanalytical perspective. The image of the skull in the texts under scrutiny is investigated with recourse to the Lacanian notion of the “cavity”, as adopted and adapted by Ettinger. True to the mirror experience as described within psychoanalysis, this exercise in mirroring Krog and Zagajewski has confirmed the ambiguous, eluding and illusory nature of identification and identity.

Med baggrund i de seneste års krigs- og terrorhandlinger – Afghanistan, Irak, den 11. september – reflekterer forfatteren over forholdet mellem krig, tilskuer, medier og forestillinger om virkeligheden. Forholdet mellem medier og virkelighed tenderer ifølge forfatteren mod at smelte sammen i en gennemmedieret kultur, hvor fremstillingsformer fra for eksempel film kan anvendes til at formidle faktiske begivenheder. Forfatterens blik på mediekulturen tager afsæt i flere aktuelle udgivelser fra postmodernis- mens centrale filosoffer, blandt andet Jean Baudrillard og Paul Virilio. Denne artikel er dermed samtidig en introduktion til deres refleksioner over terrorhandlingerne den 11. september og deres betydning i det moderne samfund.

Hugo Grotius wrote some of his earlier works—the De jure praedae and the Mare Liberum— on direct commission from the United Dutch East India Company (VOC) that sought to legitimize the attack on the Portuguese carrack Sta. Catarina and their continued (violent) expansion to the markets of Southeast-Asia. In the process, Grotius establishes the company as a distinct actor who can wage a just war in a state of nature, and as a subject of its home state. In this article, it is shown how Grotius thoughts on just war, sovereignty, natural law and property were developed while defending both the Dutch right to free trade and the right of United Netherland to wage a just war against their oppressor, the King of Spain and Portugal. But what was stated as the right of all to free trade and to the freedom of the seas also became a powerful argument for the continued violent commercial expansion of the Dutch and the Europeans.

Celem opracowania jest ukazanie problemów związanych z wykorzystaniem danych o pracujących do badań usług. Zagadnienie to zaprezentowano na przykładzie województwa śląskiego. Wnioski płynące z opracowania wskazują, że: ‒ poszczególne rodzaje danych o pracujących ‒ badania poprzez firmy, BEAL, czy pochodzące z systemu REGON ‒ wykazują znaczące różnice, ‒ brak pełnej kompletności danych o pracujących już na poziomie sekto-rów gospodarczych w ujęciu gmin, ‒ niezależnie od tego, na jakie dane zdecydujemy się w analizach, nie gwarantują one uzyskania poprawnych wyników. Dlatego wydaje się, iż konieczne jest, by GUS podjął działania zmierzające do poprawy „jakości” danych o pracujących, w tym szczególnie rozszerzył dane o pracujących w podmiotach zatrudniających do 9 osób. Pewnym rozwiązaniem (bez zwiększania obciążeń statystycznych pracodawców i kosztów GUS) byłoby powiązanie istniejących już baz gromadzących podobne dane o pracujących, a odnoszące się do ZUS-u, KRUS-u i Urzędów Skarbowych.

Katastrofa prezydenckiego samolotu z 10 kwietnia 2010 roku wywołała szereg reakcji artystycznych. W odpowiedzi na nią powstały m.in. zebrane w Antologii smoleńskiej. 96 wierszy utwory poetyckie oraz film Smoleńsk Antoniego Krauzego. Oba teksty kultury łączy wspólna wizja wydarzeń z 10 kwietnia, którą usiłują włączyć w krąg powszechnie obowiązującej i akceptowanej polskiej pamięci zbiorowej. Stanowią jednocześnie formę zapisu pamięci oraz narzędzie ją kształtujące, a efektem tych artystycznych projektów pamięciowych jest wytworzenie narracji, którą za Pawłem Sendyką nazwać można mitem smoleńskim. Zarówno język filmowy, jak i narzędzia literackie wykazują potencjał eksplanacyjny, pozwalający na usensownienie rozbitej przez tragedię smoleńską rzeczywistości. Niezwykłe, nacechowane symbolicznie i podatne na interpretacje okoliczności tragedii sprawiły, że w narracji na jej temat ścierają się odmienne typy pamięci. Film Krauzego oraz teksty poetów smoleńskich biorą aktywny udział w konstruowaniu i utrwalaniu wizji „zamachu smoleńskiego”, snutej przeciwko opowieści o „katastrofie smoleńskiej”. Aby tego dokonać, sięgają do tradycji romantycznej, wzorców martyrologicznych i religijnych. Przeszłość przetworzona przez pamięć zyskuje wymiar sakralny i staje się mitem osadzonym na znaturalizowanej kategorii „prawdy historycznej”. Przyjrzenie się filmowi Krauzego oraz wybranym wierszom z Antologii smoleńskiej... pozwala zarysować węzłowe punkty mitu smoleńskiego – określonej wizji katastrofy, czy raczej zamachu smoleńskiego, pretendującej do zajęcia pozycji dominującej w powszechnej pamięci zbiorowej.

Summary Coreflood experiments on gas condensate flow behavior were conducted for two North Sea gas condensate reservoirs. The objectives were to investigate the effects of rock and fluid characteristics on critical condensate saturation (CCS), gas and condensate relative permeabilities, hydrocarbon recovery and trapping by water injection, and incremental recovery by subsequent blowdown. Both CCS and relative permeability were sensitive to flow rate and interfacial tension. The results on gas relative permeability rate sensitivity suggest that gas productivity curtailed by condensate dropout can be somewhat restored by increasing production rate. High interfacial tension ultimately caused condensate relative permeability to decrease with increasing condensate saturation. Condensate immobile under gas injection could be recovered by water injection, but more immediate and efficient condensate recovery was observed when the condensate saturation prior to water injection exceeded the CCS. Subsequent blowdown recovered additional gas, but incremental condensate recovery was insignificant. Introduction Reservoirs bearing gas condensates are becoming more commonplace as developments are encountering greater depths, higher pressures, and higher temperatures. In the North Sea, gas condensate reservoirs comprise a significant portion of the total hydrocarbon reserves. Accuracy in engineering computations for gas condensate systems (e.g., estimating reserves, sizing surface facilities, and predicting productivity trends) depends upon a basic understanding of phase and flow behavior interrelationships. For example, gas productivity may be curtailed as condensate accumulates by pressure depletion below the dew point pressure (Pd). Conceptual modeling on gas condensate systems suggests that relative permeability (kr) curves govern the magnitude of gas productivity loss.1,2 Unfortunately, available gas and condensate relative permeability (krg and krc) results for gas condensates are primarily limited to synthetic systems. Such results show that higher CCS and less krg reduction were observed for a conventional gas/oil system compared to a gas condensate system.3,4 If condensate accumulates as a continuous film due to low interfacial tension (IFT), then high IFT gas/oil and water/oil kr data may not be applicable to gas condensates.5 Water invasion of gas condensate reservoirs may enhance hydrocarbon recovery or trap potential reserves. Laboratory results suggest water invasion of low IFT gas condensates may not be represented using high IFT water/oil and water/gas displacements.6 Subsequent blowdown may remobilize hydrocarbons trapped by water invasion. The presence of condensate may hinder gas remobilization, thus conventional gas/water blowdown experiments may not be appropriate in evaluating the feasibility of depressurization for gas condensates.7,8 Other laboratory evaluations of gas condensate flow behavior indicate measured results depend upon experimental procedures, fluid properties, and rock properties.3,9–20 Factors to consider include the history of condensate formation (i.e., imbibition or drainage), how condensate was introduced (i.e., in-situ dropout versus external injection or inflowing gas), flow rate, differential pressure, system pressure, IFT, connate water saturation, core permeability, and core orientation. Experiments performed to evaluate the consequences of water invasion suggest optimum conditions depend upon IFT, initial gas saturation, and core permeability.7,21,22 Reported blowdown experiments imply gas recovery depends upon the degree of gas expansion.7,8 The kr results obtained in this study represent gas condensate flow between the far-field and the near-wellbore region. The results are useful input for numerical simulation, especially to test rate- or IFT-sensitive relative permeability functions. Results on hydrocarbon recovery and trapping from water injection and blowdown are beneficial in evaluating improved recovery options for gas condensates. Experimental Procedures Coreflooding experiments were performed under reservoir conditions using rock and fluid samples from two distinct North Sea gas condensate reservoirs. A detailed description of the experimental methods is provided in the Appendix. Briefly, the experiments were conducted in a horizontal coreflood apparatus equipped with in-line PVT and viscosity measuring devices. The entire system experienced in-situ condensate drop out by constant volume depletion (CVD) from above Pd to either the pressure corresponding to CCS, or to the pressure of maximum condensate saturation Scmax Steady-state krg was measured by injecting equilibrated gas (before CCS). Steady-state krg and krc were measured by injecting gas condensate repressurized to above Pd (after CCS). The gas/oil fractional flow rate was defined by the pressure level in the core which was controlled by the core outlet back-pressure regulator. During krg measurements, the injection rate was varied to access rate effects. After the krg or krg and krc measurements to Scmax were completed, water injection was performed to quantify hydrocarbon trapping and recovery. Blowdown followed to evaluate additional hydrocarbon recovery. Recombined Reservoir Fluid Properties. Two North Sea gas condensate reservoir fluids were recombined using separator oil and synthetic gas. Tables 1 and 2 list compositions and PVT properties for the reconstituted fluids. The Pd was 7,070 psig at 250°F for Reservoir A, and 6,074 psig at 259°F for Reservoir B (Table 2). The maximum liquid dropout under constant composition expansion (CCE) was 31.7% for Reservoir A, and 42.5% for Reservoir B (Fig. 1). Reservoir B is a richer gas condensate and exhibits more near-critical phase behavior than Reservoir A.