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In a lot of ways, the announcement Monday, first reported by The Wall Street Journal , that Google would allow its employees to work remotely until next July isn't all that surprising. Other companies, Twitter , in particular, have gone further to say that its employees could work from home forever if they want. Except, this is a little different. See, as far as it seems, Google plans to bring its employees back to the office. The company had previously said that employees should expect to be back at the Googleplex by January 2021. That's the same timeline as Amazon's. Apple hasn't said for sure, but indicated it wouldn't be before the end of the year. Microsoft, on the other hand, has said it would return employees to the office in October. Now Google has extended that another six months, acknowledging what many people fear: The global pandemic isn't going away anytime soon--and neither is working from home. The Wall Street Journal's report … [Read more...] about Google Just Acknowledged What Many Businesses Already Feared

The governance scores of family firms in the ESG (Environment, Social and Governance) rating, as per Reuters and Sustainalytics data, were found to be lower than those of other firms. (Photo by Akil Mazumder/Pexels) SOUGATA RAY, NUPUR PAVAN BANG & NAVNEET BHATNAGAR The debate whether companies should be governed with the sole objective of maximising shareholder value (shareholder capitalism as reflected in the shareholder primacy model advocated by Prof. Milton Friedman) or balancing the interests of multiple stakeholders (stakeholder capitalism as reflected in stakeholder primacy model advocated by Prof. R. Edward Freeman), including shareholders, has been raging for several decades. Climate disasters, rapidly rising inequalities and COVID-19 have perhaps put to rest the shareholder vs. stakeholder primacy debate and tilted the balance firmly in favour of the latter. Modern corporations, irrespective of ownership, have an obligation to act in the interests of … [Read more...] about Shareholder capitalism to stakeholder capitalism: Are Indian family firms prepared?

MANILA, Philippines — The Parish Pastoral Council for Responsible Voting (PPCRV) dispelled doubts with the fast inflow of votes in the quick count of the 2022 national election results by reminding the public that transmission in the 2019 midterm polls was actually faster. PPCRV chairperson Myla Villanueva said in an interview with ABS-CBN News Channel’s Headstart on Monday that the big story in 2019 was the seven-hour glitch which delayed the partial quick count being done by the citizen’s arm. But this was actually even faster than the 2022 polls — data of which, she said, were opened to students and universities to ensure transparency and increase credibility who all agreed that there was nothing unusual. “To put it in perspective, maybe in 2019 the big story was the seven-hour glitch.  But in reality data was coming in, we just weren’t seeing it in our servers while the other servers were seeing it.  To be exact, the rate of the transmissions of 2019 were actually faster than … [Read more...] about Doubts due to fast poll results transmission? PPCRV chair says it was faster in 2019