Using Least Square Residual Minimization techniques, this paper develops an optimal reserve model, known as the OPREM model, which is essential in optimizing the costs of reserve holding. The paper also sets-out to test and compare the relative predictions of economic trends of the OPREM model as well as the predictions of alternative models in literature. Establishing the predictive accuracy of economic trends of these models are crucial for the gradual and cost-effective accumulation of reserves. The research concludes that, the (...) decision to optimize the cost of reserves under a stable currency environment is reliant on the gold impact factor and not on inflation or interest rates. We also found on further analysis of the OPREM that the OPREM model is better positioned to eliminate the procyclicality and perverse rush in reserve build-ups experienced in developing and emerging countries by effectively setting the reserve stock against economic trends. The research fixes the optimal reserves around a benchmark of 0.7–1.2 of previous year's optimal value. However, in the absence of past optimal values, a benchmark between 2 and 6 times of average inflows for short-term analysis or analysis with small data observations. However, for long-term analysis or analysis with large data frequency, the reserve stock should be fixed on a benchmark of 2–9 times of the average inflows. (shrink)

We examine how social diversity and inclusiveness on corporate boards affect corporate performance and monitoring in Sri Lanka, a country subject to decades of polarization, civil war, and even genocide. Barely more than a decade after the civil war, we find that board social diversity on the basis of ethnicity, religion, language, gender, and nationality of the board members is positively related to corporate performance, both in terms of stock market performance and accounting returns, and to corporate financial stability. The (...) main positive effects of social diversity derive from ethno-linguistic inclusiveness. The results are confirmed by an instrumental variable approach that addresses endogeneity issues. We find no evidence that inter-personal and moral conflicts or communication problems among board members negatively affect firm performance. (shrink)

Sharing on social media has become a daily routine for millions of users worldwide. Sharing transforms the experience of international migration as it enables migrants to maintain social relations and adapt to a new socioeconomic environment. But what does the term “sharing” mean for migrants active on Facebook? What are the contemporary meanings of sharing encouraged by Facebook’s affordances? This paper explores individual sharing strategies on Facebook among Polish migrants in Germany and the UK. On the basis of the material (...) collected through in-depth interviews (N=17) with Poles who have settled in Germany and the UK, it is proposed that the contemporary meaning of sharing has five dimensions: commercial, altruistic, social, connective and addictive. Different compositions of these dimensions can be found in most sharing practices on social media. Following a critique of commercial sharing on social media, it is further established that selling and other profit-driven activities are rather well recognized by the interviewees. However, some of them engage in commercial sharing with no direct selling intention. The article emphasizes that sharing practices help Polish migrants adapt to their bicultural reality in Germany and the UK. (shrink)

Profesor Ryszard Panasiuk przez ostatnich kilka dekad należał do grona wiodących polskich filozofów. Jego książki na temat Hegla, ruchu młodoheglowskiego czy Marksa należą do kanonu historiografii idei. Publikowany tutaj obszerny wywiad z Profesorem może stanowić wartościowe i oryginalne źródło do historii inteligencji i humanistyki w tzw. Polsce Ludowej. Profesor Panasiuk opowiada w nim o swojej karierze naukowej, jednocześnie kreśląc obraz przemian akademickiego środowiska filozoficznego w powojennej Polsce. Wiele uwagi poświęca również swojej relacji z Bronisławem Baczką i innymi wybitnym reprezentantami Warszawskiej (...) Szkoły Historii Idei. Ponadto Profesor analizuje proces narastania prądów dysydenckich wśród zwolenników marksizmu po Październiku ’56 i wyjaśnia ostateczny rozkład post-stalinowskiej ortodoksji w polskim życiu intelektualnym tego okresu. Jak również dowodzi, że choć Marks stanowi ważny i wciąż warty badania rozdział w historii filozofii europejskiej, to marksizm, z uwagi na zawarty w nim koncept „radykalnej wspólnoty”, jest ideologią z gruntu utopijną. (shrink)

En las dos últimas décadas, se ha producido dentro de la filosofía analítica un aumento repentino de la investigación sobre la naturaleza y el papel que juea la intuición. Los filósofos empezaron a investigar qué es la intuición, cómo debería definirse, qué papel desempeña en la filosofía, cuál es su estatus epistémico, entre otras cosas. También hay un número creciente de filósofos que sostienen que todo el debate se basa en un error: la intuición en filosofía no desempeña papel alguno (...) y los filósofos no la utilizan como (fuente de) prueba para sus afirmaciones filosóficas. Esta estrategia se lleva a cabo a menudo diferenciando entre los dos sentidos en los que se supone que la intuición desempeña un papel evidencial en filosofía. Así, la intuición puede entenderse como un estado de intuir o como un contenido proposicional que se intuye. En el primer sentido, se argumenta, la intuición no puede ser tratada como evidencia, ya que presentaría el riesgo de psicologizar la evidencia en filosofía. Sin embargo, si tomamos la intuición como evidencia en el segundo sentido, no hay nada distintivo en ella: en última instancia, toda evidencia en filosofía es de naturaleza proposicional, independientemente de la intuitividad de una proposición dada. En mi artículo, sostengo que esta estrategia fracasa y propongo, en su lugar, una visión de la intuición que, en primer lugar, explica por qué la distinción mencionada no hace que la intuitividad del contenido sea irrelevante para su estatus epistémico; en segundo lugar, está de acuerdo con los hallazgos actuales en psicología; y, en tercer lugar, es lo suficientemente mínima como para permitir la incorporación de las diferentes perspectivas sobre las intuiciones. En particular, sostengo que un juicio intuitivo, caracterizado por su no inferencialidad y revocabilidad, sirve de prueba para determinadas afirmaciones filosóficas, mientras que su fuente es una intuición entendida como un estado de carácter no proposicional que puede examinarse empíricamente. (shrink)

Praca zawiera pogłębioną analizę dwóch ważnych, powiązanych ze sobą doktryn – utylitaryzmu i liberalizmu. Ich powstanie i rozwój zbiega się z historią uprzemysłowionego świata Zachodu. XIX wiek to bez wątpienia okres pełnego rozkwitu liberalizmu w jego klasycznej postaci. John Stuart Mill (1806–1873) jest kluczową postacią w historii obydwu doktryn. Jego dialog z utylitaryzmem ma w tle współczesne dylematy i takież interpretacje.

Tekst stanowi tłumaczenie traktatu Tomasza z Akwinu pt. De principiis naturae (O zasadach natury), stanowiącego opis podstawowych zagadnień filozofii przyrody i metafizyki w ujęciu Akwinaty. Są to przede wszystkim zagadnienia związane z powstawaniem, które stanowi dla Tomasza podstawowy przedmiot badań filozofa natury. Zajmuje się on odróżnieniem substancji od przypadłości, złożeniem materii i formy, czterema rodzajami przyczyn i ich wzajemnymi relacjami, a także rodzajami konieczności i identyczności.

At Protagoras 353de, Socrates gives three possible reasons for calling some pleasures `wrong'. Scholarly attention has focused on the second of these, according to which pleasures are `wrong' when they have negative consequences. This paper argues that the first reason (the pleasures are fleeting) corresponds to beliefs held by Democritus, among others; and that the third reason (the pleasant things “give pleasure in whatever way and for whatever reason“) is the view adopted by Socrates in the dialogue.

The main purpose of this paper is to better understand how sustainability rating agencies, through discourse, promote an “ideology of numbers” that ultimately aims to establish a regime of normalization governing social and environmental performance. Drawing on Thompson’s (Ideology and modern culture: Critical social theory in the era of mass communication, 1990 ) modes of operation of ideology, we examine the extent to which, and how, the ideology of numbers is reflected on websites and public documents published by a range (...) of sustainability rating agencies. Our analysis indicates that the ideology of numbers promotes a relatively narrow vision of corporate social and environmental responsibility. That is, it establishes some areas of visibility while leaving in the shadow certain aspects of the ways in which companies fulfill, or fail to meet, their social and environmental responsibilities. The ideology of numbers also exerts power by identifying those companies that are deemed to be worthy of inclusion, or not, in a supposedly socially responsible corporate elite. (shrink)

In recent years a lot of metaphilosophical attention has been paid to the role of thought experiments in philosophical inquiry. According to the popular picture, thought experiments are among the most prominent methods for conceptual analysis. However, it is also often claimed that thought experiments in ethics differ from those that are used in other fields of philosophy as being of a different nature—they are not about the concepts, but rather about the things in the world (what those things exactly (...) are depends on the particular metaethical theory one subscribes to). In the paper I argue that this claim is wrong. Conceptual analysis is of a huge value to ethics for it substantially helps to clarify the concepts one uses while making a moral judgment. It is very often the case that the apparent moral disagreement between two subjects turns out to be superficial since it is rooted in the misunderstanding on the conceptual level, for example when one uses some concept equivocally. Moreover, through thought experiments conceptual analysis can help to bring out the tacit assumptions that relate to the concepts involved. (shrink)

Academic institutions aim at achieving the highest standards of education and learning. Consequently, they prohibit academic corruption such as cheating or plagiarism. This article examines how international accreditation and quality assurance standards embody academic integrity as a main factor in deciding whether an academic institution should be accredited, and what ranking should an academic institution acquire in a competitive contest for educational excellence. Academic integrity is broadly defined to include, in addition to cheating and plagiarism, compliance with standards of human (...) rights, labor rights, corporate social responsibility, ant-corruption measures, environmental protection, social media usage, protection of underage students, anti-radicalization and extremism, avoidance of conflict of interest, faculty professionalism, students codes of conduct and human experimentation. Academic institutions should adopt policies that are designed to address these diverse standards and accommodate diversity and enhance access to education for all without discrimination. Academic institutions should also strictly require the highest standards in teaching and research. This article will discuss the different policies, laws, rules and regulations adopted by Qatar University as a model for incorporating academic integrity, which may be of interest to the international higher education community. This article will ask two main questions; are accrediting institutions asking the right questions to find out whether an academic institution strictly adheres to a policy of academic integrity, and whether policies adopted by academic institutions, Qatar University as a model, are adequate to address various violations of academic integrity. (shrink)

Recently, due to the rapid progress of computer technology, researchers develop an effective computer program to enhance the achievement of the student in learning process, which is Intelligent Tutoring System (ITS). Science is important because it influences most aspects of everyday life, including food, energy, medicine, leisure activities and more. So learning science subject at school is very useful, but the students face some problem in learning it. So we designed an ITS system to help them understand this subject easily (...) and smoothly by analyzing it and explaining it in a systematic way. In this paper, we describe the design of an Intelligent Tutoring System for teaching science for grade seven to help students know the 7 characteristics for living things smoothly. The system provides all topics of living things and generates some questions for each topic and the students should answer these questions correctly to move to the next level. In the result of an evaluation of the ITS, students like the system and they said that it is very useful for them and for their studies. (shrink)

In 2022, the Research Center for Islamic Legislation & Ethics (CILE) and the World Innovation Summit for Health (WISH) submitted a proposal to host the 17th edition of the World Congress of Bioethics. After announcing that the CILE‐WISH proposal was the winning bid, concerns were raised by bioethicists based in Europe and the USA. To address these concerns, the International Association of Bioethics (IAB) developed a dedicated FAQ section, in coordination with the host institutions, for the first time in IAB (...) history. One‐to‐one communication ensued and individual responses were shared with these colleagues. As a continuation of this conversation, we (CILE Acting Director, WISH Research Fellow and Head of Content, and WISH CEO) address the concerns raised in the Letter‐to‐the‐Editor of Bioethics by Graaf et al. As we support the call to revisit some contentious issues within the global community of bioethicists, we maintain that this should be based on meticulously discussed, informed, consistent and equitable criteria. We also argue that mutual learning from diverse cultures and moral traditions is the optimal way for our scholarly community to be truly global and to eschew the flaws ensuing from ethnocentric discourses. (shrink)

Robots are becoming more visible parts of our life, a situation which prompts questions about their place in our society. One group of issues that is widely discussed is connected with robots’ moral and legal status as well as their potential rights. The question of granting robots rights is polarizing. Some positions accept the possibility of granting them human rights whereas others reject the notion that robots can be considered potential rights holders. In this paper, I claim that robots will (...) never have all human rights, even if we accept that they are morally equal to humans. I focus on the role of embodiment in the content of the law. I claim that even relatively small differences in the ontologies of entities could lead to the need to create new sets of rights. I use the example of Neanderthals to illustrate that entities similar to us might have required different legal statuses. Then, I discuss the potential legal status of human-like robots. (shrink)

This article examines the pedagogic vision of audiovisual archives in Ici et ailleurs ( Here and Elsewhere, 1974/1978) (shot by Sonimage and drawn from the abandoned project Jusqu’à la Victoire [1970]) in terms of the stratification of images and sounds. Drawing on Gilles Deleuze and Michel Foucault, Tom Conley writes that a diagram that depends upon the division between the visible and the enunciable may be comprehended in terms of a map and as a line of forces. Such strata can (...) act as signposts for diverse and multilateral readings of film, as viewers “read” cinematic landscapes and time-images. In Ici et ailleurs, stratigraphic shots juxtapose the Western, static home life of a family in France with the nomadic life of Fedayeen troops in Jordan and Palestine. This article argues that Sonimage’s narrative specificity relies upon an “in-between” method that defines an inter-space between semantic orders. (shrink)

The paper examines the theoretical merit of “semantic molecules” in Natural Semantic Metalanguage (NSM). Although semantic molecules are said to trace semantic dependence and necessity, compress complexity, and to account for what I call its productivity, that doesn't appear to be the case. This can be illustrated on the basis of a comparison of two explications for the same complex meaning—one containing a molecule and the other its decomposed elements. Counterfactual considerations suggest that the latter is not semantically dependent on (...) the lexicalized molecule and that it is, in turn, not necessary. The other side of the comparison cements the point. This leaves the issue of compression, complexity, and productivity—none of which are helped by semantic molecules, as they appear to do little more than conceal complexity. Meanwhile, they are not required to account for productivity. It seems that molecules may need to be rethought. (shrink)

This paper analyzes selected issues related to the philosophy of the Krakow physicist Andrzej Fuliński. Since the 1970s, Fuliński has been strongly associated with the interdisciplinary milieu gathered around Heller and Życiński. His activity can therefore be considered within the context of the broader phenomenon known as the Krakow School of Philosophy in Science, which was founded by Heller and Życiński. This paper proposes the thesis that Fuliński’s style of philosophy is connected with the concept of philosophy in science and (...) tries to justify the thesis that Fuliński, due to his cooperation with the interdisciplinary milieu in Krakow and the specificity of his philosophical works, deserves to be regarded as a representative of the Krakow School of Philosophy in Science. (shrink)

In the nineteenth century, the French utopian socialists, Saint-Simonians and Fourierists, developed different concepts of the colonisation of Africa. These concepts collided in Algeria. The Saint-Simonians were impressed by the Arab system of the tribal ownership of land. They wanted to preserve it and ultimately bring the two peoples, the Arabs and the French, together in the spirit of a commune. On the other hand, the Fourierists wanted to expropriate Arabs from their land and hand it over to the French (...) colonists so that they could build new economic communities of a phalanstery type. This article presents the theoretical disputes between the two schools and also describes the actual practical consequences of these disputes for the French colonial politics. (shrink)

Whether or not we call a love-like relationship with robots true love, some people may feel and claim that, for them, it is a sufficient substitute for love relationship. The love relationship between humans has a special place in our social life. On the grounds of both morality and law, our significant other can expect special treatment. It is understandable that, precisely because of this kind of relationship, we save our significant other instead of others or will not testify against (...) her/him. How as a society should we treat love-like relationships humans with robots? Based on the assumption that robots do not have an inner life and are not moral patients, I defend the thesis that this kind of relationship should be protected by criminal law. (shrink)

Normativity is assessed as we evaluate and compare the environmental reporting practices of a sample of French and Canadian companies through the lens of institutional legitimacy. More specifically, we examine how French and Canadian firms changed their reporting practices in reaction to the promulgation of laws and regulations in their respective countries, i.e., the NER and Grenelle II Acts in France, and National Instrument 51-102 and CSA Staff Notice NR 51-333, issued by the Canadian Securities Administrators. The firms’ voluntary disclosures (...) according to GRI guidelines are also investigated. Substantive legitimacy theory is used to explore the level of substantive disclosures provided by Canadian and French firms. The findings reveal that the French parliamentary regime is more successful than the Canadian stock exchange regulation in triggering environmental reporting, and that the GRI combined with local regimes prompts environmental disclosures. Notwithstanding the improvements in environmental reporting under all three regimes, a very low level of substantive disclosure is noted in both countries. (shrink)

_The Reconstruction of Religious Thought in Islam_ is Muhammad Iqbal's major philosophic work: a series of profound reflections on the perennial conflict among science, religion, and philosophy, culminating in new visions of the unity of human knowledge, of the human spirit, and of God. Iqbal's thought contributed significantly to the establishment of Pakistan, to the religious and political ideals of the Iranian Revolution, and to the survival of Muslim identity in parts of the former USSR. It now serves as new (...) bridge between East and West and between Islam and the other Religions of the Book. With a new Introduction by Javed Majeed, this edition of _The Reconstruction_ opens the teachings of Iqbal to the modern, Western reader. It will be essential reading for all those interested in Islamic intellectual history, the renewal of Islam in the modern world, and political theory of Islam's relationship to the West. (shrink)

The ethical climate in Turkey is beset by ethical problems. Bribery, environmental pollution, tax frauds, deceptive advertising, production of unsafe products, and the ethical violations that involved politicians and business professionals are just a few examples. The purpose of this study is to compare and contrast the ethical beliefs of American and Turkish consumers using the Ethical Position Questionnaire (EPQ) of Forsyth (1980), the Machiavellianism scale, and the Consumer Ethical Practices of Muncy and Vitell questionnaire (MVQ). A sample of 376 (...) subjects that consists of American consumers (n = 188) and Turkish consumers (n = 199) was used to compare the ethical beliefs and practices of the two samples. The MANOVA results for the two nationality groups found that five out of six criterion variables differed between the two groups. The implications of this study are intended to assist marketers to develop strategies that suit a particular market and lessen their risk of entry. (shrink)

The paper concerns the origin and early stage of development of the Center for Interdisciplinary Studies at the Pontifical Academy of Theology in Kraków. Center for Interdisciplinary Studies was founded by Michał Heller and Józef Życiński in the late 1970s. It was an informal institution which focused on conducting scientific activity in the area of philosophy of nature, relationship between mathematical & natural sciences and philosophy, history of science, as well as relationships between science and religion. In this paper I (...) would like to present how this institution developed, I will discuss various forms of its activity and discuss—very generally—what kind of philosophy was promoted by M. Heller, J. Życiński as well as their pupils and close associates. An important part of the paper will also concern the Center for Interdisciplinary Studies as a unique institution, which has developed—in difficult historical period in Poland—philosophical research in the spirit of freedom and respect for the new achievements of science, and also promoted interdisciplinary dialogue between scientists and philosophers. (shrink)