In our study, we examine the association between hedge fund activism and a target firm’s corporate social responsibility (CSR) activities and whether activists can promote socially responsible investments while upholding shareholders’ interests. Using different matched samples, we find a strong positive association between the target firm’s CSR in the year before it is targeted by activists and its probability of being targeted by a hedge fund. Classifying hedge fund activists into socially and non-socially responsible funds based on their objectives, we (...) find that both give similar level of consideration to a firm’s CSR activities when initiating campaigns. Similar to DesJardine and Durand (DesJardine and Durand, Strategic Management Journal 41:1054–1082, 2020), we demonstrate that hedge funds have, on average, a negative impact on target firms’ CSR in the years following the initial investments. Complementary to DesJardine and Durand (DesJardine and Durand, Strategic Management Journal 41:1054–1082, 2020), we compare the two types of hedge funds and find an asymmetric effect of the hedge funds’ campaigns. Socially responsible hedge fund campaigns are associated with a large _increase_ in their target’s CSR, whereas non-socially responsible hedge funds _decrease_ this measure in their target. Finally, we find that target firms exhibit a long-term improvement in future stock returns and profitability. These findings provide evidence that certain types of activists, such as socially responsible funds, promote both _stakeholder_ and _shareholders’_ long-term interests. (shrink)

The present study aimed to investigate the effects of acute aerobic exercise on underlying neuronal activities associated with task-switching processes including both mixing and switch costs. A total of 29 healthy young adults (21.4 ±1.2 years) participated in this study. The experiment consisted of an exercise and a rest condition. In the exercise condition, participants completed 30 minutes of walking and/or jogging on a motor driven treadmill sufficient to achieve an intensity of 70% of maximum heartrate (HRmax). In the rest (...) condition, participants rested quietly for 30 minutes. Both conditions were conducted on different days, and the order was counterbalanced across participants. Participants performed the task-switching paradigm (switching between two different tasks), after both exercise and rest conditions respectively. The P3 amplitude was smaller in the non-switch trial than the single trial only in the rest condition, but not in the exercise condition. In other words, more attentional resources were allocated to the non-switch trial requiring greater amounts of working memory following the exercise condition. Mixing and switch effects on the P3 component were influenced by acute aerobic exercise. This result suggests that acute aerobic exercise may serve to facilitate the flexibility of task-set reconfiguration and maintaining the task set in working memory. Furthermore, during the switch trials, the P3 latency was shorter in the exercise condition than in the rest condition. This result is consistent with the findings of previous studies, indicating that cognitive processing speed is increased only during task conditions requiring greater amounts of executive control. Our study clearly indicates that acute aerobic exercise may facilitate cognitive flexibility as well as other executive functions (i.e., inhibitory control and working memory). (shrink)

This article provides a comprehensive overview of John Dewey's impact on education and aesthetics in Korea and Japan. While initially focused on education, the 1990s saw a growing interest in Dewey's aesthetics, with _Art as Experience_ partially translated in 1999. The Korean perspective on Dewey's aesthetics extends mostly to philosophy of education and art education, but there are also efforts to deepen the understanding of Dewey's aesthetics itself. Also, the interdisciplinary impact of Dewey's aesthetics can be found in fields such (...) as design and human-computer interaction. In Japan, Dewey's aesthetics received limited focus in spite of the "Dewey boom" from 1945 to 1970. Studies since the 2010s reconnect Dewey's aesthetics to his social and cultural context, highlighting its relevance to contemporary issues and emphasizing the public nature of Dewey's concept of democracy. The article also traces the historical development of Dewey studies in Japan, acknowledging the pioneering work of Tsurumi Shunsuke, who integrated Dewey's aesthetics into Japan's social fabric. While recognizing the biases and division of understanding in Dewey studies, the article concludes with a description of the renewed interest in _Art as Experience_ in both countries since the 2010s. (shrink)

Interest in sustainability is increasing, and research on ESG management continues. The first issue to be discussed in the present situation is the environment. The study between the environment and internationalization was conducted around two conflicting arguments. First, the pollution haven hypothesis states that multinational corporations move to countries with looser regulations depending on environmental regulation. Next is the Porter Hypothesis, which argues that well-designed environmental regulations offset the cost of compliance and ultimately help firms gain a competitive advantage through (...) innovation that enhances performance. However, the two arguments have not yet reached a consensus conclusion. In addition, studies on the national level and studies considering the distance between countries, an important factor in international management, are lacking. This manuscript aims to revisit the relationship between the strength of environmental regulation and foreign direct investment in the context of increasing environmental concerns. Differences between countries are an important field of international management, but research on environmental regulations is lacking. The purpose of this study is to examine the relationship between existing environmental regulations and FDI and to discuss how the distance between countries can affect existing theories. (shrink)

During the eighteenth century, cabinetmakers in Canton (Guangzhou) produced a large quantity of hardwood furniture for European consumers. This essay examines the knowledge culture of these cabinetmakers, focusing on epistemic negotiations and adaptations in the process of making export furniture. While export furniture was made in European styles, cabinetmakers did not parrot European techniques of carpentry but creatively mobilized their own craft knowledge. Juxtaposing material evidence from extant pieces and the carpentry manual The Classic of Lu Ban, the essay argues (...) that the knowledge of joinery formed the basis of a practice of artisanal translation that was material and syntactic. Offering modular rubrics for spatial handling, joinery allowed cabinetmakers to restructure and reinvent furniture with a European appearance. Tracing the interaction between an indigenous knowledge system and global trade commodities, the essay underlines the social and epistemic realignments of locally rooted craft in the achievement of innovation. (shrink)

Nineteenth century hygiene might be a confusing concept. On the one hand, the concept of hygiene was gradually becoming an important concept that was focused on cleanliness and used interchangeably with sanitation. On the other hand, the classical notions of hygiene rooted in the Hippocratic teachings remained influential. This study is about two attempts to newly theorise such a confusing concept of hygiene in the second half of the century by Edward. W. Lane and Thomas R. Allinson. Their works, standing (...) on the borders of self-help medical advice and theoretical treatises on medical philosophies, were not exactly scholarly ones, but their medical thoughts - conceptualised as _hygienic medicine_ - show a characteristically holistic medical view of hygiene, a nineteenth-century version of the reinterpretation of the nature cure philosophy and vitalism. However, the aim of this study is to properly locate their conceptualisations of hygienic medicine within the historical context of the second half of the nineteenth century rather than to simply introduce the medical ideas in their books. Their views of hygiene were distinguished not only from the contemporary sanitary approach but also from similar attempts by contemporary orthodox and unorthodox medical doctors. Through a chronological analysis of changes in the concept of hygiene and a comparative analysis of these two authors’ and other medical professionals’ views of hygiene, this paper aims to help understand the complicated picture of nineteenth-century hygiene, particularly during the second half of the century, from the perspective of medical holism and reductionism. (shrink)

In recent years much scholarly work has explored the topic of John Chrysostom as an ancient “psychagogue”. In these recent studies, however, relatively little attention has been devoted to Chrysostom’s approach to almsgiving in relation to the cure of the soul. This article looks closely at Chrysostom’s view of almsgiving and soul therapy within the context of ancient philosophical therapy. Analyzing Chrysostom’s Homilies on Matthew, it demonstrates that for Chrysostom almsgiving is a crucial remedy for healing the sick soul.

Purpose: The purpose of this study was to verify the long-term effect of adverse childhood experiences, school disengagement, and the reasons for leaving school on adolescent delinquency while adjusting for sex.Methods: Data were collected from 663 teenagers [male 368, female 295; mean age = 16.81 ; age range = 13–19 years] through a Longitudinal Survey and Support Plan for Dropouts.Results: Multivariate latent growth modeling demonstrated that ACEs and school disengagement are positively associated with delinquency and the mediating effect of school (...) disengagement on association between ACEs and delinquency was verified. Teenagers who quit school for personal reasons reported fewer instances of delinquent behavior than adolescents who left because of school reasons.Conclusion: This study suggests that researchers and teachers need to consider ACEs and school disengagement as a warning index for delinquency with school dropout. In addition, the reason for leaving school should be considered to clarify the effect of school dropout on delinquency in adolescents who dropout. (shrink)

In my dissertation I examine Plato's ontology. As is well-known, Plato accepts the existence of two different kinds of entities: sensible particulars, such as Socrates, and Forms, such as the Form of Beauty. Moreover, according to the standard understanding of Plato, he thinks that there are entities of no other kind. I argue that this is an incorrect understanding. Specifically, I argue that Plato assumes the existence of entities of a third kind in the Phaedo. ;The dissertation has developed from (...) my attempts to clarify Plato's conception of the human soul. By examining the Phaedo, the dialogue in which Plato gives his most elaborate discussions of the ontological status of the soul while attempting to prove its immortality, I conclude that Plato conceives the soul as an entity whose ontological status is intermediate between those of Forms and sensible particulars: It has some of the features used to characterize forms and some of the contrary features used to characterize sensible particulars. ;In the dissertation, I first examine the features characterizing forms and those characterizing sensible particulars. Second, I discuss the first group of intermediate entities, the opposites in us, and argue that they are intermediate in the sense in question. Third, I discuss the group of entities that I call the occupiers, such as fire or the number three, and show that they are also seen as intermediates. Finally, I discuss the human soul as an intermediate entity belonging to this second group of intermediates, and show that the Final Argument for the immortality of the soul in the Phaedo can be best understood with reference to the framework including the intermediates as well as forms and sensible particulars. (shrink)

This study delves into the philosophy, aesthetics, and educational components of somaesthetics to highlight the art of living by practicing body awareness. Specifically, this study focuses on ‘educ...

Economists and historians have been disputing the Schumpeterian view of independent inventors, observing a number of them succeed in retaining control over their own start-up and leading its growth into a mature company. The unconventional evolution is usually attributed to the changing balance of power in the equity market, where investors have been funding huge sums of money over the last few decades. This essay considers the patent system in addition to the equity market and studies institutional developments during the (...) last five decades or so, which have affected the inventor-investor relationship. Concentrating on leading information technology companies, it also examines management practices, such as stock option plans, and probes the way inventors have made use of the financial resources provided by investors in developing innovative knowledge into marketable goods: With support from investors, inventors have often taken command in infusing scientific knowledge with economic power and thus consolidated enormous influence over employees, customers, and society in general. The essay explains that inventors, taking advantage of the patent system in addition to the changing balance of power in the equity market, have shaped a new balance of power and brought forth a strange compound that might be called intellective power. (shrink)

This article examines distinctive American political institutions that contribute to explaining the continued use of the death penalty. In the light of wide popular support for capital punishment, strong political leadership is considered to be a principal channel for the abolition of capital punishment. The dilemma of the US death penalty, however, lies in populist features of political structures that greatly limit the political leverage and possibilities available to leaders. The institutional arrangements in the United States allow public support for (...) the death penalty to influence political decision making more directly than it can in the European counterpart. A strong receptiveness of US political leaders to the public also implies that once public opinion changes, political leaders are likely to respond to the public’s new attitude. Unlike most countries, which abolished the death penalty through political initiatives that were counter-majoritarian, the United States may abolish it only after a change in public opinion. (shrink)

PurposeThis study aimed to examine the long-term association between social activity, physical function decline and cognitive function, as well as verify the long-term mediating effect of physical function decline on the relationship between social activity and cognitive function.MethodsData from the Korean Longitudinal Study of Aging that was collected over 10 years was analyzed. The sample included 10,240 adults aged 45–93 years. Multivariate latent growth modeling was applied to verify the long-term effect of social activity and physical function on cognitive function.ResultsThe (...) results revealed that social activity had a positive impact on cognitive function and negative impact on physical function decline after controlling for age and education level. Additionally, physical function decline negatively influenced cognitive function. Finally, social activity indirectly affected cognitive function through physical function decline.ConclusionThe contribution of this study was to test the long-term effect social activity on physical and cognitive function. (shrink)

BackgroundElectronic cigarettes as substitute devices for regular tobacco cigarettes have been increasing in recent times. We investigated neuronal substrates of vaping e-cigs and smoking r-cigs from r-cig smokers.MethodsTwenty-two r-cig smokers made two visits following overnight smoking cessation. Functional magnetic resonance imaging data were acquired while participants watched smoking images. Participants were then allowed to smoke either an e-cig or r-cig until satiated and fMRI data were acquired. Their craving levels and performance on the Montreal Imaging Stress Task and a 3-back (...) alphabet/digit recognition task were obtained and analyzed using two-way repeated-measures analysis of variance. Regions-of-interest were identified by comparing the abstained and satiated conditions. Neuronal activation within ROIs was regressed on the craving and behavioral data separately.ResultsCraving was more substantially reduced by smoking r-cigs than by vaping e-cigs. The response time for the 3-back task was significantly shorter following smoking r-cigs than following vaping e-cigs = 5.3, p = 0.035). Neuronal activations of the right vermis, right caudate, and right superior frontal gyrus were significantly correlated with the RT for the 3-back task only for smoking r-cigs.ConclusionOur findings suggest that insufficient satiety from vaping e-cigs for r-cigs smokers may be insignificant effect on working memory function. (shrink)

Two philosophical problems are thoroughly treated here: (1) how close the philosophical idea of Hong Tae-yong in eighteenth-century Korea is to the non-absolutist Weltanschauung of Chuang-tzu, and (2) how, by means of this non-absolutist idea, Hong was able to question the orthodox sinocentrism that most Korean Neo-Confucianists of the time stubbornly took for granted. Hong felt that Korean intellectuals had to look beyond sinocentrism for a consciousness of their own cultural identity. As a Confucian reformist, he highlights the realization of (...) this cultural identity as the imminently required move to accomplish social reform. (shrink)

Humility is widely regarded as a moral excellence and telos, hence, openly inculcated-instructed. Character education in and for humility, however, sits uncomfortably against today’s pedagogical maxims such as self-esteem and self-assertiveness. This article looks into this and other tensions from the perspective of humility as experience (phenomenon) instead of humility as goal. Surveying humility qua experience can help us to understand how the mind directs toward objects of cognition with their content, meaning and axiology. Husserl’s phenomenology and its theory of (...) intuition suggests that humility is a personal belief (doxa) that moral agents construct out of their lived-experiences. Through iterations of similar lived-experiences, humility can become a habitus and, arguably, episteme. This process is detailed by intersecting experience of humility with intentionality, phenomenological reduction, and intersubjectivity. It is argued that, in contemporary education, ‘experience’ is widely accepted as learning content and teaching method. Humility as experience has significant implications for the main schools in curriculum studies, namely traditionalists, conceptualists and phenomenologists. This article claims that inculcating humility poses ethical challenges, and the role of education should instead be to explain and present to learners the phenomenological reality of humility. (shrink)

This paper examines the methodological problem of casuistry by reference to Immanuel Kant's position on it. He addressed “Casuistical Questions” in his last work on ethics, Metaphysik der Sitten, in order to defend his position against attacks from scholars defending an Aristotelian eudemonistic viewpoint. It is argued that Kantian casuistry has much in common with the Aristotelian idea of emphasizing the moral objectives and sensibility of an agent in concrete circumstances. Nevertheless, Kant did not entirely adopt the case-oriented ethical perspective (...) because he saw the moral duty as the „wide“ one. Moral duties are wide in the sense that they demand continuous self-examination: asking whether there might be a better way to limit one's maxim by another. According to Kant, although casuistry as a case study could give moral law or duties more practicability through the training of moral judgment, the moral agent cannot use with individual cases in order to modify or devise new moral rules or duties. (shrink)

Based on the hesitant fuzzy set theory which is introduced by Torra in the paper [12], the notions of Inf-hesitant fuzzy subalgebras, Inf-hesitant fuzzy ideals and Inf-hesitant fuzzy p-ideals in BCK/BCI-algebras are introduced, and their relations and properties are investigated. Characterizations of an Inf-hesitant fuzzy subalgebras, an Inf-hesitant fuzzy ideals and an Inf-hesitant fuzzy p-ideal are considered. Using the notion of BCK-parts, an Inf-hesitant fuzzy ideal is constructed. Conditions for an Inf-hesitant fuzzy ideal to be an Inf-hesitant fuzzy p-ideal are (...) discussed. Using the notion of Inf-hesitant fuzzy ideals, a characterization of a p-semisimple BCI-algebra is provided. Extension properties for an Inf-hesitant fuzzy p-ideal is established. (shrink)

Given i, j, k ∈ {1,2,3,4}, the notion of -length neutrosophic subalgebras in BCK=BCI-algebras is introduced, and their properties are investigated. Characterizations of length neutrosophic subalgebras are discussed by using level sets of interval neutrosophic sets. Conditions for level sets of interval neutrosophic sets to be subalgebras are provided.

Given the widespread integration of Social AI like ChatGPT, Gemini, Copilot, and MyAI, in personal and professional contexts, it is crucial to understand their effects on information and knowledge processing, and individual autonomy. This paper builds on Bråten’s concept of model power, applying it to Social AI to offer a new perspective on the interaction dynamics between humans and AI. By reviewing recent user studies, we examine whether and how models of the world reflected in Social AI may disproportionately impact (...) human-AI interactions, potentially leading to model monopolies where Social AI impacts human beliefs, behaviour and homogenize the worldviews of its users. The concept of model power provides a framework for critically evaluating the impact and influence that Social AI has on communication and meaning-making, thereby informing the development of future systems to support more balanced and meaningful human-AI interactions. (shrink)

Die Arbeit behandelt das bis heute nicht zureichend geklarte Verhaltnis von Kants pragmatischer Anthropologie zur empirischen Psychologie Christian Wolffs und seiner Schule, eine Frage, um die die Kantforschung seit Jahrzehnten wie die Katze um den heissen Brei herumschleicht. Untersucht wird der Einfluss, den die Problemstellungen der empirischen Psychologie Wolffs und Baumgartens auf die pragmatische Anthropologie von Kant ausgeubt haben. Ein besonderes Gewicht der Untersuchung liegt dabei auf der Klarung der vieldeutigen, weitgehend unbeachteten Idee der Erfahrung, die sowohl im empirisch-psychologischen Kontext (...) der Wolffschen Schule als auch im pragmatisch-anthropologischen bei Kant eine zentrale Rolle spielt.". (shrink)

The notions of a commutative (∈, ∈)-neutrosophic ideal and a commutative falling neutrosophic ideal are introduced, and several properties are investigated. Characterizations of a commutative (∈, ∈)-neutrosophic ideal are obtained. Relations between commutative (∈, ∈)-neutrosophic ideal and (∈, ∈)-neutrosophic ideal are discussed. Conditions for an (∈, ∈)-neutrosophic ideal to be a commutative (∈, ∈)-neutrosophic ideal are established. Relations between commutative (∈, ∈)-neutrosophic ideal, falling neutrosophic ideal and commutative falling neutrosophic ideal are considered. Conditions for a falling neutrosophic ideal to be (...) commutative are provided. (shrink)

How can people from diverse and different cultural backgrounds balance and reconcile their autonomous cultural identity with the universal dictates of the global age? My approach to this question is from an East Asian perspective, in particular by addressing the issue of 'Confucian cultural identity' under four broad topics: (1) the truth and falsehood of the discourse on 'Asian Values' and 'Confucian-style Capitalism'; (2) the spread of modern science and the tragic consequences of 'Instrumental Reason'; (3) criticism of instrumental reason (...) and its encounter with Confucian virtue ethics; and (4) a reassessment of the 'Anthropocosmic Moral Metaphysics' of (Neo-) Confucianism. In conclusion, on the impending demand to cope with the crisis of our cultural identity in the age of globalisation, our project to strive for the viability of Confucian humanism in the age of globalisation, I think, should mean no other than the invocation of care-ethics that takes care of our alienated neighbours on the one hand and a thrust of an eco-friendly world view to the anthropocentric hegemony over nature, which has been appreciated by 'modern' men since the Enlightenment, on the other hand. (shrink)