We investigate whether female board representation and firms’ financial performance are related and whether the relationship differs for firms located in more prejudicial environments. As a proxy for prejudicial environment, we use two geographical indicators: whether a firm is headquartered in a conservative “red” state or in a liberal “blue” state and whether the firm is located in regions where residents possess more stereotypical attitudes about gender equality. We find that both financial performance and female board representation are lower for (...) firms headquartered in red states when compared to those in blue states, and we find similar results for firms located in regions where residents hold more gender-stereotypical views. However, financial performance improves when female directors are present regardless of the firm’s location. Evidence also shows that the incremental improvement in performance measured by Tobin’s q is greater in red-state than in blue-state companies and in regions where residents hold more gender-stereotypical views. The overall results imply that gender stereotyping holds back financial performance and that female directors help improve financial performance. (shrink)

『모호한 군중』은 현대인의 도덕성에 전하는 철학적 메시지를 담았다. 바쁜 일상 속에서 자칫 잊기 쉬운 ‘그대 안의 도덕성’을 일깨워야 한다는 저자의 외침들은 우리로 하여금 많은 생각을 하게 한다.

This study aims to examine how service employees’ perceptions of corporate social responsibility affect their creativity at work and its mediated link through compassion at work and their intrinsic motivation. Working with a sample of 250 hotel employees in South Korea, structural equation modeling is employed to test research hypotheses. The results of this research suggest that employees’ perceptions of CSR are positively related to employee creativity. Second, compassion at work mediated the positive relationship between employees’ perceptions of CSR and (...) creativity. Third, employees’ intrinsic motivation also mediated the positive relationship between employees’ perceptions of CSR and employee creativity. Finally, the relationship between employees’ perceptions of CSR and employee creativity is sequentially and fully mediated by compassion at work and their intrinsic motivation. The theoretical and managerial implications of the results and limitations of the study are discussed, and future research directions are suggested. (shrink)

This paper examines the influence of CEO career horizon problems on corporate social responsibility. We assume that as CEOs are getting older, they tend to disengage in CSR due to their shorter career horizons. We further argue that high levels of industry-level discretion and blockholder ownership amplify the negative effects of CEO age on CSR. Using a panel sample of US-based firms over 2004–2009, we do not find the main effect of CEO age on CSR, but find support for the (...) moderating effects, such that CEO age is negatively associated with CSR when there are high levels of ILD and blockholder ownership. Therefore, results suggest that CEO career horizon problems matter for CSR when CEOs have sufficient discretion over the firm’s strategic decisions and outside blockholders put more pressure on CEOs to engage in financial earning management. (shrink)

This paper explores and defends the idea that mental properties and their physical bases jointly cause their physical effects. The paper evaluates the view as an emergentist response to the exclusion problem, comparing it with a competing nonreductive physicalist solution, the compatibilist solution, and argues that the joint causation view is more defensible than commonly supposed. Specifically, the paper distinguishes two theses of closure, Strong Closure and Weak Closure, two causal exclusion problems, the overdetermination problem and the supervenience problem, and (...) argues that emergentists can avoid the overdetermination problem by denying Strong Closure and respond to the supervenience problem by accepting the joint causation view. (shrink)

The overdetermination problem has long been raised as a challenge to nonreductive physicalism. Nonreductive physicalists have, in various ways, tried to resolve the problem through appeal to counterfactuals. This essay does two things. First, it takes up the question whether counterfactuals can yield an appropriate notion of causal redundancy and argues for a negative answer. Second, it examines how this issue bears on the mental causation debate. In particular, it considers the argument that the overdetermination problem simply does not arise (...) on a dependency conception of causation and shows why this idea, though initially appealing, does not address the real problem. As the essay shows, the idea derives its spurious plausibility from the fact that the dependency conception cannot even make sense of our pretheoretic idea of causal redundancy. The essay concludes by briefly discussing a possible picture of mental causation that suggests itself in light of these results. (shrink)

Negation is frequently found in every language, and many logicians or linguists have been carrying out research on it. Their investigations are, however, mostly confined to the languages of Europe. Although some of them pay attention to non-European languages, we can hardly find research on negation in Korean. In this paper, we carry out contra-linguistic analysis of four aspects of negation in Korean and English. First, we compare the expressions of negative elements in Korean and English sentences. Second, we contrast (...) the types of negation in Korean with those of English. Third, we draw a distinction between Korean and English in what decides the scope of negation. Finally, we contrast the answers to questions which contain negative elements. (shrink)

The precedent studies on the validity of Modus ponens and Modus tollens have been carried out with most regard to a major type of conditionals in which the conditional clause is a sufficient condition for the main clause. But we sometimes, in natural language arguments, find other types of conditionals in which the conditional clause is a necessary or necessary and sufficient condition for the main clause. In this paper I reappraise, on the basis of new definitions of Modus ponens (...) and Modus tollens, their validity/invalidity in natural language arguments in consideration of all types of conditionals. (shrink)

The aporia of violence is probably the single most important issue that defines the failure of the leftist revolutionary politics as was experienced in modern history. It is what prevented it from ultimately achieving its goal by entrapping it in the perverse effect of the sovereign violence. As is well known, Slavoj Žižek in his book, Violence, proposes us to return to the practice of messianic or divine violence that Walter Benjamin conceptualized in contrast to that of mythical violence. But, (...) such an idea of messianic violence was not just Benjamin’s, but in fact, a predominant one in the long tradition of Marxism including Marx himself. It is then hard to see how a simple return to the practice of messianic violence will assist us better than it used to in discovering alternative ways to think about violence. In this paper, I would like to engage myself in a close reading of Jacques Lacan and Louis Althusser’s discussions of violence, hoping to find such alternatives. On the issue of violence Lacan and Althusser both converge and diverge. While examining such a crossroad of sive— in both senses of the term: identity and difference—I will in the end emphasize the need to reconsider the notion of representation, which one may no longer easily put aside as opportunistic. (shrink)

This study examines how the corporate philanthropy decisions of group-affiliated firms in Korea are made. Based on the attention-based view, we argue that when corporate decision makers at group-affiliated firms focus their attention more on internal markets than external stakeholders because of the firm’s high reliance on intragroup transactions, the firm will decrease its level of corporate philanthropy. We further argue that the relationship will be stronger when governance mechanisms focus on the instrumental value of corporate philanthropy. Using a panel (...) sample of group-affiliated firms in Korea from 2011 to 2015, we find that as intragroup sales increase, the level of corporate philanthropy decreases, and such a negative relationship is stronger when outside director representation and foreign investor ownership are high. Our study suggests that internal dependence and corporate governance mechanisms jointly affect the level of corporate philanthropy at firms in a business group. Thus, this study contributes to the literature on corporate philanthropy, business group, and corporate governance. (shrink)

What constitutes a good life? A hedonist’s answer to this question is rather simple— more pleasure, less pain. While hedonism was previously a widely accepted belief, it now suffers from several crucial objections. A challenge particularly vexing to hedonists is the Philosophy of Swine: could it be possible that our lives may be less than that of a theoretical swine? In this essay, I argue that lifetime hedonism, the view of hedonism concerned with one’s total lifelong well-being, does not survive (...) this objection. In particular, I will refute the counterarguments that modern-day hedonist, Ben Bramble, presents against the Philosophy of Swine objection. -/- . (shrink)

Despite its long history of refugee crises, Asia lacks effective refugee protection mechanisms. Most Asian states resist ratification of the international refugee laws, and many international organizations are ineffective and lack concrete legal and political approaches to protecting refugees. Asian civil society, particularly Asia Pacific Refugee Rights Network, collaborates to protect refugees by employing alternative frameworks. This paper argues that Asian civil society aims to challenge the nature of refugee protection in Asia. Instead of encouraging states to ratify the 1951 (...) Convention Relating to the Status of Refugees and 1967 Protocol Relating to the Status of Refugees, APRRN stimulates national-level implementation of refugee protection principles and practices from below. It engages its members in global decision-making by mobilizing and sharing resources with them. APRRN frames refugee protection as international human rights issue instead of as a national security concern. (shrink)

I. The Problem of ‘Truth’ in the Logic of Truth.

Skateboarding has been a hallmark of adolescent experience in suburban America ever since its beginning in the 1950s. Skateboarding has become an underground subculture, providing the youth population a novel outlet for self-expression and independence. Transworld Skateboarding magazine displays the ideological characteristic of the skateboard movement through their unique populist syntext, distinctive signification system, and extensive textual convergence. However, while expressing adolescent resistance against homogeneity, the magazine also reflects the influence of popular culture on skateboarders. This idiosyncrasy of Transworld Skateboarding (...) magazine reflects popular culture’s constant struggle between the need for hegemonic provision and resistance of mainstream conformity. (shrink)

Summary Between the 1860s and the 1910s, British acoustics was transformed from an area of empirical research into a mathematically organized field. Musical motives—improving musical scales and temperaments, making better musical instruments, and understanding the nature of musical tones—were among the major driving forces of acoustical researchers in nineteenth-century Britain. The German acoustician, Helmholtz, had a major impact on British acousticians who also had extensive interactions with American and French acousticians. Rayleigh's acoustics, reflecting all these features, bore remarkable fruit in (...) his treatise The Theory of Sound, which successfully subjected empirical acoustics to analytical mathematics. His accomplishments made British acoustics a subfield of physics, thus distinguishing it from the ‘new acoustics’ in early twentieth-century America. (shrink)

The extant literature has examined the effects of ownership structures on corporate social responsibility, yet it has overlooked the non-linear and interactive effects among major shareholder groups. In this study, we examine the non-linear effects of insider and institutional ownerships on CSR. We also examine whether it is necessary to have both incentive alignment and monitoring mechanisms or it is sufficient to have either mechanism to promote CSR. Using a sample of the U.S. Fortune 1000 firms, our results suggest that (...) insider and institutional ownerships have non-linear effects on CSR. We also find support for the complementary mechanisms view, in that the highest CSR rating is observed when both ownership levels are high. Therefore, firms need to maintain strong governance structures to realize synergistic effects in promoting CSR. Our findings provide a more in-depth understanding of the relationships between ownership structures and corporate social outcomes. (shrink)

Summary Througout the nineteenth century, acoustics or the science of sound in America lagged behind European acoustics which had been rapidly advancing. During this period, the American physicist Alfred M. Mayer made original contributions to acoustics and earned a reputation in Europe, filling a gap in late nineteenth-century American research in acoustics. Lacking fellowship with American acousticians, he was affiliated with the European community of research in acoustics in various respects such as taking up themes of research, employing experimental instruments, (...) learning the practice of research, and adopting specific theories for research. In addition, he tried to naturalise acoustics on American soil by applying expertise to practical problems and creating specialised experimental setups for acoustics education in America. But his research was not taken advantage of by the next generation of American acousticians, who focused on practical technologies such as telephony, the control of noise, and underwater acoustics. (shrink)

Summary The resonator and the tuning fork were major instruments in acoustics in the latter half of the nineteenth-century. In particular, the third Baron Rayleigh made extensive use of these instruments throughout his long career as an experimentalist. These instruments underwent a number of alterations during their use as central experimental tools in acoustics. Functional and structural alterations were introduced in the adaptation of these instruments to several major acousticians’ experimental settings. Rayleigh not only adopted the two instruments as objects (...) of mathematical and experimental investigation but also employed them ingeniously for various purposes. His continuing creation of a variety of uses and forms of these instruments contributed to focusing acoustics on pure tones and musical sounds until the early twentieth century. (shrink)

It is widely held that, as Morgenbesser’s case is usually taken to show, considerations of causal or probabilistic dependence should enter into the evaluation of counterfactuals. This paper challenges that idea. I present a modified version of Morgenbesser’s case and show how probabilistic approaches to counterfactuals are in serious trouble. Specifically, I show how probabilistic approaches run into a dilemma in characterizing probabilistic independence. The modified case also illustrates a difficulty in defining causal independence. I close with a suggestion for (...) a strategy to handle this difficulty. (shrink)

The purpose of this study is to investigate the relationships among corporate social responsibility (CSR), corporate brand credibility, corporate brand equity, and corporate reputation. Structural equation modeling analysis provided support for the hypotheses from a sample of 867 consumers in South Korea. The results showed that CSR has a direct positive effect on corporate brand credibility and corporate reputation. In addition, the results indicate that corporate brand credibility mediates the relationship between CSR and corporate reputation. Moreover, corporate brand credibility mediates (...) the relationship between CSR and corporate reputation. Finally, the relationship between CSR and corporate brand equity is sequentially and fully mediated by corporate brand credibility and corporate reputation. The theoretical and managerial implications of the results and limitations are discussed, and future research directions are suggested. (shrink)

Relatively little research has examined the effects of ownership on the firms’ corporate social responsibility (CSR). In addition, most of it has been conducted in the Western context such as the U.S. and Europe. Using a sample of 118 large Korean firms, we hypothesize that different types of shareholders will have distinct motivations toward the firm’s CSR engagement. We break down ownership into different groups of shareholders: institutional, managerial, and foreign ownerships. Results indicate a significant, positive relationship between CSR ratings (...) and ownership by institutions and foreign investors. In contrast, shareholding by top managers is negatively associated with firm’s CSR rating while outside director ownership is not significant. We conclude that different owners have differential impacts on the firm’s CSR engagement. (shrink)