This study investigates the influence of old directors on corporate social responsibility (CSR) using roughly 25,000 firm-year observations from 2001 to 2015 in the United States. We employ the widely used selection, optimization, and compensation (SOC) model from psychology to explain the CSR decisions of old directors. Our results indicate that firms with a higher percentage of old directors tend to have lower engagement in CSR activities. To address endogeneity, we adopt the difference-in-differences method and use the event of sudden (...) deaths and unexpected retirements of old directors and find that our results remain robust. Our analysis also reveals that the negative impact of old directors on CSR is more significant in firms where directors receive fewer reputational spillover benefits from CSR initiatives and/or firms exhibiting poor corporate governance. In addition, this adverse impact of old directors comes from two effects: a reduction in efforts to enhance CSR strengths and an increase in inaction to address CSR concerns. Overall, these findings suggest that the CSR decision-making process of old directors involves assessing the costs and benefits of CSR engagements, consistent with our hypothesis derived from the SOC model. (shrink)

本书共分为梁漱溟致有关人士 (1949年以前); 梁漱溟致政界人士及有关机构; 梁漱溟致有关人士 (1949年以后); 梁漱溟致师友; 有关人士致梁漱溟; 师友致和梁漱溟; 家书几部分, 其主要内容包括: 致蔡元培; 致胡适等.

本书围绕《论语》一书,梁漱溟从自己的理解出发,把儒家思想解释为十三个方面:乐、讷言敏行、看自己、看当下、反宗教、不迁怒不贰过、天命等。同时,还结合中国现时的思想及西方思想,谈了新时期对儒家思想的再审视 、再理解。.

Our paper draws attention to a neglected channel of corruption—the bribe payments by state-owned enterprises. This is an important phenomenon as bribe payments by SOEs fruitlessly waste national resources, compromising public welfare and national prosperity. Using a large dataset of 30,249 firms from 50 countries, we show that, in general, SOEs are less likely to pay bribes for achieving organizational objectives owing to their political connectivity. However, in deteriorated institutional environments, SOEs may be subjected to potential managerial rent-seeking behaviors, which (...) disproportionately increase SOE bribe propensity relative to privately owned enterprises. Specifically, our findings highlight the importance of fostering democracy and rule of law, reducing prevalence of corruption and shortening power distance in reducing the incidence of SOE bribery. (shrink)

According to Rosenthal’s Higher-Order Thought (HOT) theory of consciousness, first-order mental states become conscious only when they are targeted by HOTs that necessarily represent the states as belonging to self. On this view a state represented as belonging to someone distinct from self could not be a conscious state. Rosenthal develops this view in terms of what he calls the ‘thin immunity principle’ (TIP). According to TIP, when I experience a conscious state, I cannot be wrong about whether it is (...) I who I think is in that state. We first suggest that TIP is a direct consequence of the HOT theory. Next we argue that somatoparaphrenia—a pathology in which sensations are sometimes represented as belonging to other people—shows that TIP can be violated. This violation of TIP in turn shows that the HOT theory’s claim that conscious states are necessarily represented as belonging to self is in error. Rosenthal’s attempt to account for pathological cases is found to be inadequate when applied to somatoparaphrenia, and other possible defenses are also shown to be incapable of preserving TIP. We further conclude by suggesting that the HOT theory’s failing in this regard is not a failing that is peculiar to this theory of consciousness. (shrink)

Liang Qichao was a leading political thinker and publicist. His manifesto, On the New People, was published serially in Japan, where Liang—like many other progressive intellectuals in the late Qing—lived and worked for a decade in order to avoid governmental suppression. The present essay was published in 1902 as part of On the New People. Liang began writing about rights as early as 1896; they came to occupy a prominent place in his theorizing after he arrived in (...) Japan in 1898. He was influenced by the Social Darwinist ideas of Kato Hiroyuki, which can be seen most clearly in Liang's 1899 essay "The Right of the Strongest." Although some of these ideas are still present in the current essay, Liang had by this time developed a more complex position, partly through reading and interpreting the ideas of Rudolph von Jhering , a pioneering German legal theorist whose influence on Liang was significant, as Liang himself declares early in this essay. (shrink)

Let [NB]₁ denote the ideal generated by nonbounding c.e. degrees and NCup the ideal of noncuppable c.e. degrees. We show that both [NB]₁ ∪ NCup and the ideal generated by nonbounding and noncuppable degrees are new, in the sense that they are different from M, [NB]₁ and NCup—the only three known definable ideals so far.

This paper argues for an interpretation of Chinese philosophy as the pursuit of the Dao rather than the popular reading of it as a kind of wisdom literature. I examine the shared pursuit of two major Chinese schools of thought: Daoism and Confucianism—Dao, and compare it to the task of philosophy represented in the works of two major western thinkers—Hegel and Heidegger. By investigating the Dao comparatively with Hegel’s Concept and Heidegger’s philosophia, I reveal the common quest of philosophical thinking (...) in both traditions. (shrink)

The subject of the study is the works of contemporary St. Petersburg artists of different generations and creative trends, as well as the forms and features of their communication with each other and with the general as well as professional public. The trends of artistic communication in the city are determined by the activities of such institutions as art and non-art museums, art galleries and exhibition centers, which are a classic form of presentation of contemporary art; alternative venues such as (...) creative spaces and art clusters. The field of attention also includes the attraction of St. Petersburg authors to the organization of small artistic associations, mainly art groups, for example, "Unconquered", "North-7", "Parasites", etc. In addition to works of art, theoretical works and reflections by researchers of contemporary art in St. Petersburg and the spaces of its public presentation are involved. The methodological basis is the analysis of the works of St. Petersburg masters of the beginning of the XXI century in the context of the development of urban institutions of artistic communication. The research is based on theoretical works devoted to the problem of artistic communication and trends in the current art process. Comparative-interpretative and typological methods are used to compare the works of artists and forms of artistic communication. The problem of artistic communication in the field of fine art in St. Petersburg is becoming the subject of a separate study. This area of city life is currently developing quite dynamically, as new art associations, curatorial practices and alternative classical platforms for the presentation of the work of authors belonging to different generations and art movements are emerging. Traditional museums and galleries, as well as creative spaces, art clusters and other often non-core institutions, such as libraries and cafes, are involved in this process. Against this background, the features of St. Petersburg artistic communication crystallize, which is characterized by a desire to organize communities, to fuse realistic traditions and current trends, to escapism and symbolism, as well as an interest in oriental themes and stylistics. (shrink)

We study lowness for genericity. We show that there exists no Turing degree which is low for 1-genericity and all of computably traceable degrees are low for weak 1-genericity.

We prove that there is no sw-complete c.e. real, negatively answering a question in [6].

In Rawls’ influential social contract approach to distributive justice, the fair income distribution is the one that an individual would choose behind a veil of ignorance. Harsanyi treated this situation as a decision under risk and arrived at utilitarianism using expected utility theory. This paper investigates the implications of applying cumulative prospect theory instead, which better describes behavior under risk. I find that the specific type of inequality in bottom-heavy right-skewed income distributions, which includes the log-normal income distribution, could be (...) perceived as desirable. This optimal inequality result contrasts the implications of other social welfare criteria. (shrink)