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Article
Publication date: 1 May 1996

Rick Mullin

CEO Michael Bonsignore has the company focused on meeting its goals and keeping its promises. Honeywell may be out of the woods.

Abstract

CEO Michael Bonsignore has the company focused on meeting its goals and keeping its promises. Honeywell may be out of the woods.

Details

Journal of Business Strategy, vol. 17 no. 5
Type: Research Article
ISSN: 0275-6668

Case study
Publication date: 20 January 2017

Solomon Eskinazi, Robert F. Bruner and Sean Carr

On March 1, 2001, Jessica Gallinelli, managing director of Bancroft Capital Management, heard surprising and somewhat disturbing news about the proposed bid by General Electric…

Abstract

On March 1, 2001, Jessica Gallinelli, managing director of Bancroft Capital Management, heard surprising and somewhat disturbing news about the proposed bid by General Electric Company (GE) for Honeywell International Inc. Despite recent public assurances about the deal from GE's chairman and chief executive officer (CEO), John F. “Jack” Welch Jr., the antitrust regulatory authority of the European Commission (EC) announced it had initiated a review of the proposed merger. Gallinelli, whose fund owned a large stake in Honeywell, considered this major development and wondered whether Bancroft should alter its investment. Immediately, Gallinelli instructed her associate to provide background material on the merger, an assessment of the probability the merger would be approved by antitrust regulators in the U.S. and Europe, and valuation analyses to assist Gallinelli in assessing Bancroft's investment in Honeywell. She would need to decide quickly whether to hold or sell her fund's 10 million shares in Honeywell and short position of 10 million shares in GE. As a risk arbitrageur, she thought prices would respond rapidly to the EC's announcement. She remembered Jack Welch's confidence of five months earlier that this was the “cleanest deal you'll ever see,” and she wondered whether that was still the case.

Details

Darden Business Publishing Cases, vol. no.
Type: Case Study
ISSN: 2474-7890
Published by: University of Virginia Darden School Foundation

Keywords

Abstract

Details

The Political Economy of Antitrust
Type: Book
ISBN: 978-0-44453-093-6

Article
Publication date: 1 April 1987

George Neil and Jim O'Hara

This paper is a case history of the introduction of Just‐in‐Time (JIT) into a company in the electronic capital goods sector of the Scottish electronics industry. The case…

Abstract

This paper is a case history of the introduction of Just‐in‐Time (JIT) into a company in the electronic capital goods sector of the Scottish electronics industry. The case attempts to identify the company policies that led up to the introduction of JIT, the difficulties encountered and the benefits that the company has accrued in the short time since the introduction of JIT, with particular reference to the productivity/service trade‐offs. The company examined designs and manufactures complex, high technology, fairly high volume, short life‐cycle electronic products for international markets. Very high levels of quality and reliability are required by customers. Consideration is given to how the benefits that this company has accrued may be obtained by other companies both in the same environment and in other environments.

Details

International Journal of Operations & Production Management, vol. 7 no. 4
Type: Research Article
ISSN: 0144-3577

Keywords

Article
Publication date: 29 August 2023

Sarath Lal Ukwatte Jalathge, Hang Tran, Lalitha Ukwatte, Tesfaye Lemma and Grant Samkin

This study aims to investigate disclosure of asbestos-related liabilities in corporate accounts and counter-accounts to examine whether and how accounting contributes to corporate…

Abstract

Purpose

This study aims to investigate disclosure of asbestos-related liabilities in corporate accounts and counter-accounts to examine whether and how accounting contributes to corporate accountability for asbestos-contaminated products.

Design/methodology/approach

This study uses the Goffmanesque perspective on impression management to examine instances of concealed asbestos-related liabilities in corporate accounts vis-à-vis the revealing of such liabilities in counter-accounts.

Findings

The findings show counter-accounts provide significant information on liabilities originating from the exposure of employees and consumers to asbestos. By contrast, the malleability of accounting tools enables companies to eschew accounting disclosures. While the frontstage positive performance of companies served an impression management role, their backstage concealing actions enabled companies to cover up asbestos-related liabilities. These companies used three categories of mechanisms to avoid disclosure of asbestos-related liabilities: concealing via a “cloak of competence”, impression management via epistemic work and a silent strategy of concealment frontstage with strategic reorganisation backstage.

Practical implications

This study has policy relevance as regulators need to consider the limits of corporate disclosures as an accountability tool. The findings may also initiate academic and practitioner conversations about accounting standards for long-term liabilities.

Originality/value

This study highlights the strategies companies use both frontstage and backstage to avoid disclosing asbestos-related liabilities. Through analysis of accounts and counter-accounts, this study identifies the limits of accounting as an accountability tool regarding asbestos-induced diseases and deaths.

Details

Meditari Accountancy Research, vol. 32 no. 1
Type: Research Article
ISSN: 2049-372X

Keywords

Article
Publication date: 1 June 1995

Douglas Norris

Describes Honeywell’s multi layer fieldbus system Smart DistributedSystem (SDS) and applications in various industries. Discusses benefits suchas increased operating efficiencies…

165

Abstract

Describes Honeywell’s multi layer fieldbus system Smart Distributed System (SDS) and applications in various industries. Discusses benefits such as increased operating efficiencies and reduced installation costs

Details

Sensor Review, vol. 15 no. 2
Type: Research Article
ISSN: 0260-2288

Keywords

Article
Publication date: 1 January 1986

Noel M. Tichy, David L. Dotlich and Dale G. Lake

Growth in the maturing mainframe computer market faded in the 1970s. In the early 1980s, growth in the minimarket stopped. The environment facing Honeywell Information Systems was…

Abstract

Growth in the maturing mainframe computer market faded in the 1970s. In the early 1980s, growth in the minimarket stopped. The environment facing Honeywell Information Systems was increasingly hostile. Honeywell is now making cultural transformations to revitalize the company.

Details

Journal of Business Strategy, vol. 6 no. 3
Type: Research Article
ISSN: 0275-6668

Article
Publication date: 1 June 2004

K.L. Choy, W.B. Lee and Victor Lo

In this paper, a server‐based enterprise collaborative management system using enterprise application integration technology is developed for trial implementation at Honeywell

7233

Abstract

In this paper, a server‐based enterprise collaborative management system using enterprise application integration technology is developed for trial implementation at Honeywell Consumer Products (Hong Kong) Limited, in the area of supplier relationship management. The system facilitates supplier selection using an integrative case‐based supplier selection and help desk approach to select the most appropriate suppliers, based on their past performance records from a case‐based warehouse. Discusses a case study to integrate Honeywell's supplier rating system and product coding system by case‐based reasoning technique to select preferred suppliers during the new product development process. Finds that the outsource cycle time from the searching of potential suppliers to the allocation of orders is greatly reduced while performance of suppliers can be monitored simultaneously.

Details

Journal of Enterprise Information Management, vol. 17 no. 3
Type: Research Article
ISSN: 1741-0398

Keywords

Article
Publication date: 1 August 1958

Agreements for the manufacture and use in Britain of a range of the most modern U.S. gyroscopes have been signed by the English Electric Co. Ltd., Marconi House, Strand, London…

Abstract

Agreements for the manufacture and use in Britain of a range of the most modern U.S. gyroscopes have been signed by the English Electric Co. Ltd., Marconi House, Strand, London, W.C.2. The agreements are with Honeywell‐Brown Ltd., of Perivale, Middlesex, and the Minneapolis‐Honeywell Regulator Company of Minneapolis, U.S.A. They also provide for an exchange of information on future gyroscope developments. The gyroscopes will be made by English Electric's Guided Weapons Division in a specially designed new factory at Stevenage, Hertfordshire. Marketing, both at home and overseas, will be done jointly by English Electric and Honeywell‐Brown Ltd., which is the British associate of Minneapolis‐Honeywell.

Details

Aircraft Engineering and Aerospace Technology, vol. 30 no. 8
Type: Research Article
ISSN: 0002-2667

Article
Publication date: 1 October 1989

THE FAA has certified the Honeywell/McDonnell Douglas Windshear Detection Alert and Guidance System on the McDonnell Douglas MD‐80 series aircraft, the two companies announced.

Abstract

THE FAA has certified the Honeywell/McDonnell Douglas Windshear Detection Alert and Guidance System on the McDonnell Douglas MD‐80 series aircraft, the two companies announced.

Details

Aircraft Engineering and Aerospace Technology, vol. 61 no. 10
Type: Research Article
ISSN: 0002-2667

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