Corporate governance guidelines are a mechanism that a firm can enact which should reduce agency costs and better align the interests of boards and the suppliers of capital. This study examines stock price reactions primarily attributable to institutional investors occurring when corporations announce the enactment of corporate governance guidelines. A final sample of 77 firms was derived from the first announcement of corporate governance guidelines exclusive to the SEC-EDGAR database. The results indicate that good governance does matter. Firms that announced (...) the enactment of corporate governance guidelines experienced increased stock prices following the announcements. There was an immediate (days 1–4) reaction for firms that provided all or part of the guidelines’ substance; a delayed (days 8–10) reaction occurred for those firms that only referenced the guidelines’ enactment. Additionally, firms with either a potentially greater following or that had a previous history of acrimonious relations with stakeholders were rewarded by the announcement of the enactment of guidelines. (shrink)

The contents and structure of semantic memory have been the focus of much recent research, with major advances in the development of distributional models, which use word co‐occurrence information as a window into the semantics of language. In parallel, connectionist modeling has extended our knowledge of the processes engaged in semantic activation. However, these two lines of investigation have rarely been brought together. Here, we describe a processing model based on distributional semantics in which activation spreads throughout a semantic network, (...) as dictated by the patterns of semantic similarity between words. We show that the activation profile of the network, measured at various time points, can successfully account for response times in lexical and semantic decision tasks, as well as for subjective concreteness and imageability ratings. We also show that the dynamics of the network is predictive of performance in relational semantic tasks, such as similarity/relatedness rating. Our results indicate that bringing together distributional semantic networks and spreading of activation provides a good fit to both automatic lexical processing (as indexed by lexical and semantic decisions) as well as more deliberate processing (as indexed by ratings), above and beyond what has been reported for previous models that take into account only similarity resulting from network structure. (shrink)

Jeremy Bentham entend rompre avec les théories du contrat social et proposer une justification utilitariste de la démocratie. Or, aucune théorie de la démocratie ne peut se dispenser d’une théorie du « demos ». L’utilitarisme benthamien comporte ainsi un renouvellement de la question du peuple dans chacun de ses aspects, ontologique, politique et moral. Bentham développe une véritable théorie du peuple qui, bien que méconnue, constitue un tournant dans l’histoire de la philosophie politique.

A number of recent models of semantics combine linguistic information, derived from text corpora, and visual information, derived from image collections, demonstrating that the resulting multimodal models are better than either of their unimodal counterparts, in accounting for behavioral data. Empirical work on semantic processing has shown that emotion also plays an important role especially in abstract concepts; however, models integrating emotion along with linguistic and visual information are lacking. Here, we first improve on visual and affective representations, derived from (...) state‐of‐the‐art existing models, by choosing models that best fit available human semantic data and extending the number of concepts they cover. Crucially then, we assess whether adding affective representations (obtained from a neural network model designed to predict emojis from co‐occurring text) improves the model's ability to fit semantic similarity/relatedness judgments from a purely linguistic and linguistic–visual model. We find that, given specific weights assigned to the models, adding both visual and affective representations improves performance, with visual representations providing an improvement especially for more concrete words, and affective representations improving especially the fit for more abstract words. (shrink)

Health care institutions have paid increasing attention to preventing nosocomial transmission of influenza through vaccination of health care personnel. While multifaceted voluntary interventions have increased vaccination rates, proponents of mandatory programs contend the rates remain unacceptably low. Conventional bioethical analyses of mandatory programs are inadequate; they fail to account for the obligations of nonprofessional personnel or to justify the weights assigned to different ethical principles. Using an ethics framework for public health permits a fuller analysis. The framework's focus on fairness (...) accentuates the potential differences between the risk of transmitting infection and employment status, and the need to equitably evaluate exemptions. The framework's emphasis on balancing benefits and burdens highlights the need to justify a specific goal and questions the need to exclude all nonmedical exemptions. While mandatory vaccination programs are justifiable, greater attention should be paid to their implementation. (shrink)

In their recent paper, “Practical Knowledge without Luminosity,” Bob Beddor and Carlotta Pavese (2022) claim that the doctrine of essentially intentional actions, or “essentialism,” is false. Essentialism states that some actions are essentially intentional, such that, “whenever they are performed, they are performed intentionally” (2022, p. 926). Beddor and Pavese work to reject essentialism, which figures as a key premise in Juan Piñeros Glasscock’s anti-luminosity argument against the knowledge condition for intentional action (Piñeros Glasscock, p. 1240). Historically, essentialism has received (...) little attention from philosophers since its inception in Elizabeth Anscombe’s Intention (2000, §47). However, I believe that essentially intentional actions can play an important role in an ontology of action. In my paper, I develop and argue for a variety of essentialism in the context of naive action theory, which I call naive essentialism. Naive essentialism is a two-fold thesis, which claims that (1) essentially intentional actions exist, and (2) that essentially intentional actions ground accidentally intentional actions. My paper has four parts. In the first part, I distinguish between essentially and accidentally intentional actions, and unpack the relevant principles of naive action theory. Second, I present the grounding thesis that accidentally intentional actions are grounded in essentially intentional actions. Next, I provide an argument for the existence of essentially intentional actions. Lastly, I briefly respond to a possible objection to my argument. The upshot of my arguments is that essentially intentional actions form the metaphysical and explanatory bedrock in a naive ontology of action, and that there are good reasons for accepting a key premise in Piñeros Glasscock’s anti-luminosity argument. (shrink)

Table of contents -- Foreword by klaus schwab -- Author biographies -- Acknowledgments -- Introduction - by armand doucet & jelmer evers -- education in a time of unprecedented change by michael soskil -- education today: a collection of snapshots by elisa guerra -- - overcoming equity gaps in and through education by michael soskil -- Teach me: the learner profile by armand doucet -- the power of learning by nadia lopez -- contextualizing personalization in education by (...) class='Hi'>armand doucet -- Evolution of technology in the classroom by koen timmers -- flip the system: the networked activist teacher by jelmer evers -- Conclusion- by armand doucet & jelmer evers -- Epilogue by andreas schleicher. (shrink)

This paper seeks to address the relation of materiality to structure and phenomena of signification or semiosis. It examines the logical consequences of several major lines of argument concerning the status of semiosis with regards to the human or broadly “organic” life-world and to the “zero degree” of base materiality — from Peirce to Lotman and Sebeok — and questions the classificatory rationale that delimits semiosis to the exclusion of a general treatment of dynamic systems. Recent investigations into neurosemiotics have (...) provided salient arguments for the need to treat semiosis as a characteristic of systems in general, and to establish a more transverse understanding of signifiability upon the basis of what makes dynamic structures, as such, possible. (shrink)

The quantum formalism ofdistinguishable, yetequivalent particles (with symmetric or antisymmetric wave functions) is here worked out. The result is an entirely explicit formulation of the way in which classical mechanics emerges from quantum mechanics for such particles. Distinguishability is achieved at the cost of dynamical precision; the two are, in fact, complementary.

A set of images can be considered as meaningfully different for an observer if they can be distinguished phenomenally from one another. Each phenomenal difference must be supported by some neurophysiological differences. Differentiation analysis aims to quantify neurophysiological differentiation evoked by a given set of stimuli to assess its meaningfulness to the individual observer. As a proof of concept using high-density EEG, we show increased neurophysiological differentiation for a set of natural, meaningfully different images in contrast to another set of (...) artificially generated, meaninglessly different images in nine participants. Stimulus-evoked neurophysiological differentiation (over 257 channels, 800 ms) was systematically greater for meaningful vs. meaningless stimulus categories both at the group level and for individual subjects. Spatial breakdown showed a central-posterior peak of differentiation, consistent with the visual nature of the stimulus sets. Temporal breakdown revealed an early peak of differentiation around 110 ms, prominent in the central-posterior region; and a later, longer-lasting peak at 300–500 ms that was spatially more distributed. The early peak of differentiation was not accompanied by changes in mean ERP amplitude, whereas the later peak was associated with a higher amplitude ERP for meaningful images. An ERP component similar to visual-awareness-negativity occurred during the nadir of differentiation across all image types. Control stimulus sets and further analysis indicate that changes in neurophysiological differentiation between meaningful and meaningless stimulus sets could not be accounted for by spatial properties of the stimuli or by stimulus novelty and predictability. (shrink)

Volume 20, Issue 6, June 2020, Page 25-27.

Legislation banning gender-affirming medical care (GAMC) for minors is inconsistent with the Consensus Recommendations for Pediatric Decision-Making (Salter et al. 2023). Gender dysphoria is a medical condition, and GAMC promotes adolescents’ health interests. The evidence for GAMC is comparable to the evidence for other types of pediatric medical care. Parents are permitted to consent for similar risks in the treatment of other conditions. Evaluation of the potential benefits, risks, and treatment alternatives is contingent on individual patients’ clinical conditions and adolescents’ (...) and their parents’ values and preferences. Such decisions are within the scope of parental discretion and should be made through shared decision-making with health-care providers. Parents’ declining GAMC does not inherently create a significant risk of serious imminent harm required to justify state intervention. Usurping parental discretion for GAMC is unjust: it treats this medical care differently than other comparable types of medical care without sufficient justification. (shrink)

Background: The factors influencing parents’ willingness to enroll their children in biobanks are poorly understood. This study sought to assess parents’ willingness to enroll their children, and their perceived benefits, concerns, and information needs under different consent and data-sharing scenarios, and to identify factors associated with willingness. Methods: This large, experimental survey of patients at the 11 eMERGE Network sites used a disproportionate stratified sampling scheme to enrich the sample with historically underrepresented groups. Participants were randomized to receive one of (...) three consent and data-sharing scenarios. Results: In total, 90,000 surveys were mailed and 13,000 individuals responded (15.8% response rate). 5737 respondents were parents of minor children. Overall, 55% (95% confidence interval 50–59%) of parents were willing to enroll their youngest minor child in a hypothetical biobank; willingness did not differ between consent and data-sharing scenarios. Lower educational attainment, higher religiosity, lower trust, worries about privacy, and attitudes about benefits, concerns, and information needs were independently associated with less willingness to allow their child to participate. Of parents who were willing to participate themselves, 25% were not willing to allow their child to participate. Being willing to participate but not willing to allow one’s child to participate was independently associated with multiple factors, including race, lower educational attainment, lower annual household income, public health care insurance, and higher religiosity. Conclusions: Fifty-five percent of parents were willing to allow their youngest minor child to participate in a hypothetical biobank. Building trust, protecting privacy, and addressing attitudes may increase enrollment and diversity in pediatric biobanks. (shrink)

Chapter LEARNING BY UNDERSTANDING ANALOGIES Russell Greiner1 ABSTRACT2 This article describes a method for learning by analogy — ie, for proposing new ...

This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and (...) made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant. (shrink)

El artículo analiza la función de la teología cristiana en la sociedad actual. A tal fin, el autor comienza por sintetizar los elementos más característicos de la sociedad que se está gestando. En segundo lugar, propone la necesidad de una mediación cultural para la comunicación del evangelio. Seguidamente, el autor reclama el necesario diálogo de la teología con la cultura y la universidad. Y el estudio termina por presentar sintéticamente el papel de los centros superiores de enseñanza de la teología, (...) según las recomendaciones de la Veritatis Gaudium del papa Francisco. (shrink)

Amy E. Caruso Brown (2022) considers situations in which a minor child’s parent or legal guardian (the “marginalized decision-maker (MDM)”) defers to another individual (the “primary decision-maker...

In an article in this issue of the Hastings Center Report, Aaron Wightman and his coauthors attempt to address health care providers’ moral distress about acceding to parents’ requests to provide life‐sustaining medical treatment to children who have profound cognitive disabilities. They propose combining John Arras's relational potential standard and care ethics, and they argue that the capacity for caring relationships can provide an independent moral justification for honoring such requests. This combination is, however, unstable. Wightman et al.'s language of (...) potential and capacity opens the possibility of substantial misinterpretation. They rely on epistemological and prognostic uncertainty to argue that reciprocity and participation may be present in the parent‐child relationship even when the child's engagement cannot be observed. The terminology suggests that these are characteristics that can be gained or lost rather than characteristics of being born within certain social practices. In contrast, Eva Feder Kittay illuminates family membership as an important social relation. Her articulation of the independent moral value of parenting stands on its own without being conjoined to Arras's position. (shrink)