For a sample comprising 36,105 U.S. firm-year observations from 1985 to 2008, we find that firms located in more religious counties enjoy cheaper equity financing costs. This result is robust to a battery of sensitivity tests, including alternative assumptions and model specifications, additional controls for noise in analyst forecasts, and various approaches to addressing endogeneity. In another set of tests, we find that the equity pricing role that religion plays comes predominantly from Mainline Protestants. We also document that the effect (...) of religiosity on firms’ cost of equity capital is larger for firms (periods) lacking alternative monitoring (regulation) mechanisms as measured by lower institutional ownership (the pre-SOX era), implying that religion plays a corporate governance role. Finally, we find that the importance of religion to equity pricing is concentrated in firms that suffer lower visibility, which tend to be more sensitive to local social and economic factors. By examining the links between religiosity and valuation at the firm level, we provide strong, robust evidence supporting the perspective that religion facilitates economic development. (shrink)

Due to the current COVID-19 pandemic, colleges and universities have implemented network teaching. E-learning engagement is the most important concern of educators and parents because this will directly affect student academic performance. Hence, this study focuses on students’ perceived family support and their e-learning engagement and analyses the effects of e-learning normative consciousness and behaviours and self-efficacy on the relationship between family support and e-learning engagement in college students. Prior to this study, the relationship between these variables was unknown. Four (...) structural equation models revealed the multiple mediating roles of e-learning normative consciousness and behaviours and self-efficacy in the relationship between family support and e-learning engagement. A total of 1317 college students (mean age = 19.51; 52.2% freshman) voluntarily participated in our study. The results showed that e-learning normative consciousness and behaviours and self-efficacy played significant and mediating roles between students’ perceived family support and their e-learning engagement. Specifically, these two individual variables fully mediated the relationship between students’ perceived family support and their e-learning engagement. The multiple mediation model showed that family members can increase family support of their children by creating a household environment conducive to learning, displaying positive emotions, demonstrating the capability to assist their children, advocating the significance of learning normative consciousness and behaviours and encouraging dedicated and efficient learning. The findings complement and extend the understanding of factors influencing student e-learning engagement. (shrink)

In China, investors generally make decisions depending on the intonation of executive announcements. A total of 20,328 observations are sampled from the Chinese equity market between 2005 and 2019. We perform principal component analysis to produce monthly sentiment indices and calculate the weighted average of the value over the fiscal year to measure the degree of investor sentiment. The results of the empirical analysis reveal that: there is a significant positive correlation between market-level investor sentiment and executive tone, stock price (...) and trading-volume pressures on executives, and firm-level investor expectation and gambling tendency positively moderate the relationship between investor sentiment and executive tone, executive optimism does not mediate the association between investor sentiment and executive tone, and manipulated and real intonations are non-homogeneous tactics adopted by rational managers to cater to changes in investor sentiment. These findings indicate that executives' intonations are both an extension of firms' current and past performances and managers' decision-making based on sentiments and behaviors of irrational investors, which are consistent with the Catering Theory. In addition, rational executives tend to adopt various intonation tactics to respond to investor sentiment to avoid declines in stock prices and trading volumes. (shrink)

Pekakak adalah salah satu tokoh yang memiliki pengetahuan mendalam dan perencanaan yang cermat. Saat fajar menyingsing, ia terlihat bertengger di atas pohon. Dengan kemampuan sempurna untuk mengontrol kecepatan penerbangan miliknya, seperti kapan harus memperlambat atau mempercepat, dia dapat dengan mudah menghitung cara optimal untuk menangkap ikan. Ditambah pengalamannya menangani ikan di kolam, dia bisa tahu dari jauh mana ikan yang besar, kecil, gesit, atau kelam. Hanya dengan menangkap ikan pada saat yang paling tepat, dia bisa menghemat (...) banyak waktu untuk merenungkan hal-hal duniawi. Mengenal dirinya sendiri, Pekakak merencanakan setiap makanan sesuai seleranya dan, dengan demikian, melacak inventaris ikannya. Ikan kecil harus menunggu, dan ikan besar harus pergi. Dia perfeksionis, dia memperhitungkan segalanya. (shrink)

Akhir-akhir ini, komunitas burung dilanda kegelisahan akibat kedatangan beberapa Pelikan yang aneh. Orang-orang ini di sini untuk mencari nafkah. Hanya tiga orang, tapi ini adalah kelompok pekerja keras, memangsa ikan dari pagi hingga tengah malam. Melihat ini, Tuan Pekakak merasa kesemutan dan memutuskan untuk mengadakan suatu pertemuan komunitas saat malam. Untuk menghormatinya, burung-burung, kecuali Nona Bangau, menghilangkan rasa kantuk mereka dan hadir. Pada pertemuan itu, Pekakak meminta semua orang untuk mencela Pelikan dan menyimpulkan bahwa mereka sulit diatur sehingga para (...) penyusup ini harus diusir. (shrink)

Akhir-akhir ini, memperhatikan bahwa Pekakak sangat pendiam dan sering tersesat dalam pikirannya, Cuckoo memutuskan untuk mengunjunginya. Cuckoo berkata: – Cuacanya bagus hari ini, Tuan, sebaiknya ikut saya ke ladang. Musim panen sudah dekat; ladang ramai dengan kegembiraan dan kawanan burung. Pak, jika Anda pergi, Anda mungkin melihat sesuatu yang menarik.

Learn to create personal harmony so that we are able to handle everyday situations gracefully with persons of the opposite sex, differing cultures, religions or opinions. This book is dedicated to those who respect and enjoy harmony in relationship with oneself and with other people of the world. Frank discussion about sex and celibacy, yin and yang, femininity and masculinity, fire and water, culture, history and government.

Past research suggests that spiritual leadership plays a pivotal role in enhancing employee job performance, yet we have little understanding of how and when spiritual leadership enhances employee job performance. The present study explores how and when spiritual leadership promotes job performance by examining relational energy as a mediator and leader integrity and relational energy differentiation as boundary conditions. We tested the theoretical model with data gathered across three phases over 12 months from 497 employees and their supervisors in 108 (...) groups. Results showed that the positive relationship between spiritual leadership and job performance was mediated by relational energy. Moreover, we found that leader integrity amplified the mediated relationship between spiritual leadership and employee job performance via relational energy. In contrast, relational energy differentiation weakened this mediated relationship. (shrink)

Recently, scholars have begun to shift focus toward the effectiveness of different teaching methods for entrepreneurship education. However, the establishment of a unified and clear standard for the division of entrepreneurship educational methods remains unfulfilled, affecting the accuracy of research conclusions. In the present study, for the first time, the aim was to divide the entrepreneurship educational method into the classroom teaching method and the extracurricular activity method from the perspective of competency level training. On the basis of the modified (...) planning behavior theory, the influence of entrepreneurship education on entrepreneurial intention was explored. In the present study, 514 college students of 14 universities in China were surveyed. The results reveal that the CTM and EAM had a direct positive bearing on EI, with indirect impact exerted by attitude toward entrepreneurship and perceived behavioral control. Although the direct effects of the two teaching methods were similar, EAM could effectively improve ATE and PBC, thereby resulting in a positive effect on EI to a greater extent. Further observations were made that the participation of research University students in CTM was significantly lower than that of applied University students, leading to lower EI. Additionally, higher EI could be attributed to the more active participation in EAM of male students than female students, while no significant difference was indicated between different majors in EI. The results are of significant reference value for promoting the reform of entrepreneurship education and improving the quality of entrepreneurship education in colleges and universities. (shrink)

In various guises (usually referred to as the “basic emotion” or “discrete emotion” approach), scientists and philosophers have long argued that certain categories of emotion are natural kinds. In a recent paper, Colombetti (2009) proposed yet another natural kind account, and in so doing, characterized and critiqued psychological constructionist approaches to emotion, including our own Conceptual Act Model. In this commentary, we briefly address three topics raised by Columbetti. First, we correct several common misperceptions about the discrete emotion approach to (...) emotion. Second, we discuss misconceptions of our Conceptual Act Model. Finally, we briefly comment on Columbetti's Dynamical Discrete Emotion model. (shrink)

Social emotions about others’ mind states, for example, compassion for psychological pain or admiration for virtue, are an important foundation for morality because they help us decide how to treat other people. Although these emotions are ostensibly concerned with the mental qualities and situations of others, they can precipitate intimately subjective reflections on the quality of one’s own social life and mind, and via these reflections incite a desire to engage in meaningful moral actions. Our interview and neural data suggest (...) that the shift from social emotion to introspection may be facilitated by conscious mental evaluation of emotion-related visceral sensations. (shrink)

For decades, a review of environmental education initiatives in and beyond schools indicates that many of them were implemented from an anthropocentric perspective. The rationale behind them is often that we must not destroy the environment because doing so is harmful for ourselves, human beings. One striking feature of the various forms of environmental education is the use of fear as a motivator, as people are warned about the frightening consequences of environmental destruction on their life. While this type of (...) fear-based environmental education may be effective to some extent, intimidation cannot be a fundamental solution to environmental issues. We need to form a loving relationship with nature, through love-based environmental education. From intimidation to love, love-based environmental education focuses on enhancing public environmental awareness through inculcating love, respect, and gratitude toward nature, thereby helping to solve present and future environmental problems and construct an eco-friendly world.Love-based environmental education is richly embedded in Eastern philosophies such as Taoism and contemporary Western eco-ethics. In this article, we synthesize the tenets of love-based environmental education mainly through the lens of Taoist philosophy, discuss implementation approaches, and explore contemplative methods to cultivate connection with nature. Finally, we point out fear-based and love-based environmental education are not mutually exclusive. We need a combination of, or a diversity of approaches to ensure that we effectively change attitudes and behaviors of people. (shrink)

Chinese philosophy of religion is a less discussed and less clearly formed area in the study of Chinese philosophy. It is true that there is virtually no discussion in Chinese philosophy about rationality or justification of religious beliefs comparable to the discussion of the same issues in Western philosophy of religion. The inquiry about rationality and justification of religious beliefs has shaped Western philosophy of religion. However, the scope of philosophy of religion in the Western context has been widened since (...) Hume and Kant. When the West began to be exposed to non-Western religions, philosophical reflection on non-Western religions is also brought into the scope of philosophy of Religion. We can expect that the concept of religion will become much broader, the scope of philosophy of religion will expand and new issues, especially, issues concerning specific and non-Western religions, will be framed. When we look at philosophy of religion in a broad sense, the field of Chinese philosophy of religion begins to emerge. In this survey paper, I will focus on several issues which, in a broad sense of philosophy of religion, can be construed as the issues of Chinese philosophy of religion. One of the issues is about the religiosity of Confucianism. The second issue is about the concept of Tian. The third is the issue regarding the origin and nature of Chinese state religion and its characteristics which also have caught the attention of scholars, especially, in China. Is Confucianism a religion? How should we construe the religiosity of Confucianism if it does have a religious dimension? Is Tian a theological term? How does Tian differ from Western God? Is the sacrifice to Tian religious and a form of monotheism? What is the nature of state religion in traditional China? What is the relation between the state religion and Confucianism in traditional China? The debates on the issues addressing these questions will be introduced and discussed in this paper. (shrink)

Understanding the role of teachers’ facial expressions in students’ learning is helpful to improve online teaching. Therefore, this study explored the effects of teacher’s facial expressions on students’ learning through analyzing three groups of video lectures. Participants were 78 students enrolled in three groups: one with an enhanced-expression teacher, one with a conventional-expression teacher, and one with the teacher’s audio only. ANOVA was used to explore whether video lectures instructed by the enhanced-expression teacher were better than those instructed by the (...) conventional-expression teacher and the audio-only teacher for facilitating students’ learning, and what is the role of the teacher’s emotions in students’ perceived social presence, arousal level, cognitive load, and learning. The results showed that the video lecture by the enhanced-expression teacher was better than those with the conventional-expression teacher and with the audio-only for facilitating students’ social presence, arousal level, and long-term learning. Interestingly, it was found that the teacher’s emotions could relieve students’ cognitive load. These results explained the inconsistency of existing studies by exploring the mechanism of teachers’ emotions in students’ learning. It also provides teachers with practical guidance for video lecture design. (shrink)

ABSTRACT The contextual dimension of ren or li is celebrated in English studies of Confucian ethics. However, it often gives way to the issue of individual practice in studies concerning the relationship between ren and li due perhaps to an excessive focus on personal moral development. Inspired by a painting metaphor from the Analects, the present study reassesses this unbalanced approach to the ren-li relationship through the proposed theme of contextual individuality. In the wake of relationally constituted individuality in Confucian (...) philosophy, this study shows that the moral endowment of caring for others in human nature, which constitutes the moral foundation of ren and li, calls for a contextually practical approach to the ren-li relationship. This approach is crucial for the recognition that one’s moral development may not be truly accomplished unless undertaken in the context of the moral development of fellow human beings. (shrink)

Social emotions about others’ minds, for example, admiration for virtue and compassion for social pain, play a critical role in interpersonal relationships, motivation, and morality. However, historical biases toward studying emotions as automatic reactions generated within a solitary individual limit our ability to study emotions about others’ minds, which are inherently complex, social, and subjective. Here, I argue that a microdevelopmental approach, that is, considering these emotions as dynamic, context-dependent mental constructions actively organized from simpler cognitive and affective psychological components, (...) may help to overcome the difficulties of studying these emotions by providing new perspectives on: reliably inducing these emotions; parsing the ensuing experiences into component psychological processes organizing over time; and relating these component processes to patterns of brain activation. (shrink)

Recent research has suggested that young children may have primitive knowledge of ratio and proportions. However, it is unclear how precisely young children represent ratio magnitudes and how well...

Extant research suggests that workplace ostracism has a detrimental impact on the outcomes of employees. However, very little is known about the impact of workplace ostracism on sleep quality. Therefore, this study aimed to address this gap in the literature. By employing the extended stressor-detachment model, we investigated the mediating role of psychological detachment and the moderating role of coping humor. We used a self-report questionnaire and a time-lagged research design to assess employees’ workplace ostracism, coping humor, psychological detachment, and (...) sleep quality. A total of 403 valid questionnaires were obtained from participants in full-time employment in China. As predicted, the results showed that workplace ostracism is negatively associated with psychological detachment, which in turn, impairs sleep quality. We further found that high levels of coping humor buffer the negative effect of workplace ostracism on psychological detachment and sleep quality. In addition, the moderation effect of coping humor on the relationship between workplace ostracism and sleep quality is mediated by psychological detachment. Finally, based upon the results, we discuss the theoretical implications, provide practical proposals for managers and policymakers, and make suggestions for the direction of further research. Keywords: workplace ostracism, coping humor, psychological detachment, sleep quality, mediated moderation model. (shrink)

Relationality is a multifaceted idea that displays one of the distinctive characteristics of Chinese philosophy. In Confucianism, it is primarily associated with the issue of human relations. Drawing on John Dewey’s proposition of ‘relationally constituted individuality’, Roger T. Ames identifies a ‘thick’ nature in Confucian relationality whose cosmic foundation may be novel to the West. This thick relationality corresponds with a narrative approach to human nature ( xing 性), inspires a Confucian neologism of ‘human becomings’ and challenges the conventional idea (...) of ‘human being’ that implies a Western foundational individualism. Through a proposed theme of ‘contextual individuality’, this study aims to evaluate whether Confucian relationality could be too ‘thick’ for individuality (in a non-atomistic/non-foundational sense) and uncover the implication of thick relationality on the study of comparative philosophy in general. (shrink)

Background and Objective - Legislators and organizations trying to encourage sustainable consumption as a result of evolving consumer tastes and economical limitations need to recognize how these issues interact. This study aimed to assess the relationship among price sensitivity (PS), green knowledge (GRK), female consumers attitude (CA), and purchase intention (PI) for sustainable goods. Methodology - Using a questionnaire of 250 female consumers, this study examines hypotheses related to the factors using the Structural Equation Modeling-Partial Least Squares (SEM-PLS) methodology. Results (...) - The connection among GRK and CA for sustainable goods is moderated by PS, with greater GRK increasing PI. Nevertheless, PS affects the desire of customers to pay charges. Conclusion - In an atmosphere of competition, this study emphasizes the influence of price strategies and awareness among female consumers while highlighting the significance of PS and GRK in encouraging sustainable consumption patterns. (shrink)

本书着力讨论法律制度及其理念趋变的道理,逻辑,原则,可能性;对传统的主体构成性的法律体系,既有评判解析,又有引申;还而探讨了人类制度文明走向法治化的前景.从法治概念的探讨切入,大致介绍了中西方法治的发 展历程,再引入不同法治类型背后隐含的法哲学基本问题,从静态到动态审视了自然法学说与法律实证主义的关系;接着讨论了法律规范的逻辑结构,详述权利与权力之间的渊源及其实践类型;然后以较多笔墨着重叙述法治与公 正,法治的制度基础,在法治框架下衍生出的司法能动主义;最后从法治文化论角度重新审视法治,并回顾中国法治思想发展与制度实践的历程.

Whether the economic base refers ultimately to the relations of production or to the modes of production is a problem that involves understanding an important principle of historical materialism and political economics and thus is related to how we use fundamental social contradictions in solving real present problems; this must be clarified.

Yan Fu was the first Chinese person to introduce the teachings of the West to China systematically. Since returning to China from Britain, to which he had been sent to study in 1879, he held an office at the Beiyang Naval College until leaving the institution in 1900. These twenty-some years were precisely the direst moment in the intensifying of China's social crisis, when the imperialists were pressing their aggression toward China and China was being brought to the brink of (...) being partitioned outright. At the time, all the progressive intellectuals in China were worried for the future of the motherland, and pressed on to find what they considered to be the truth of national salvation. The bourgeois reformist faction of the day, with Kang Youwei as its leader, advocated political and legal reform and was tremendously enthusiatic and active in pleading its case throughout China, calling on the intellectuals to respond. Yan Fu, too, at this time, did a large amount of propaganda work for the cause of reform, using the thought of Lao Zi and Zhuang Zi as his foundation and employing his own exceptional knowledge of Western things and Western learning, and his understanding of the capitalist world. He founded the Guowen bao and published a number of important political essays, including "Lun shibian zhi ji" , "Yuan qiang" , "Pi Han" and "Jiu wang jue lun" . He also translated a number of the works of Western bourgeois social science, including [Thomas Huxley's] Evolution and Ethics , [Adam Smith's] The Wealth of Nations , [Herbert Spencer's] A Study of Sociology , [John Stuart Mill's] Logic , and Montesquieu's De l'esprit des lois . Furthermore, he carried out an annotated and evaluative reading of Lao Zi and Zhuang Zi, and in so doing he assimilated Western learning and ideas into the Chinese interpretation of Lao-Zhuang's thought. (shrink)

The ways in which partners manage their money provide important clues to gender inequality in and the nature of couple relationships. Analyzing data from nationally representative surveys, I examine changes across British cohorts born between the 1920s and 1990s in their household financial management, and how the changes vary across individuals and couples occupying differential income positions. The results show divergent, nuanced cohort trends toward gender equality in couples’ money management. Across successive cohorts of low-earning women, there has been a (...) subtle relaxation in the form of male control, reflected in a decrease in the proportion of men adopting “back-seat” management by retaining the majority of the couple’s money while delegating the chore of managing daily expenses to their partners. By contrast, the empowerment of high-earning women is reflected primarily in an individualization of financial management, evident in a cohort decrease in joint financial management and an increase in independent management. The trend of individualization is particularly prominent among couples in which both partners have equally high earnings. The findings provide new insights into and important extensions of the theorization of gender relations in and the individualization of couple relationships. (shrink)