This study assesses the causal relationship between corporate social performance (CSP) and financial performance (FP). We perform our empirical analyses on a sample of 179 publicly held Canadian firms and use the measures of CSP provided by Canadian Social Investment Database for the years 2004 and 2005. Using the “Granger causality” approach, we find no significant relationship between a composite measure of a firm’s CSP and FP, except for market returns. However, using individual measures of CSP, we find a robust (...) significant negative impact of the environmental dimension of CSP and three measures of FP, namely return on assets, return on equity, and market returns. This latter finding is consistent, at least in the short run, with the trade-off hypothesis and, in part, with the negative synergy hypothesis which states that socially responsible firms experience lower profits and reduced shareholder wealth, which in turn limits the socially responsible investments. (shrink)

In their pursuit of addressing social and environmental challenges, social entrepreneurs should be social transformers emancipating stakeholders. Rosa’s critical theorizing in philosophy and sociology points the ways to expanding the conventional conception of social entrepreneurship to include long-term social transformation. Modifying Rosa, social entrepreneurship is not anti-capitalist but reforms capitalism. The key relevant concepts in Rosa are resonance, alienation, ambivalence, vulnerability, dynamic stabilization through the triple A of appropriation, acceleration, and activation, and emancipatory interest. We consider social entrepreneurs as resonant (...) actors, they satisfy threefold resonance preconditions: cognitive, material, and social. As a matter of fact, they are rejecting alienation through their effort to provide others with a high(er) social value. Rosa’s theoretical framework is a new and inspiring phenomenological and critical lens that is worth studying in relationship to a social entrepreneurship point of view because social entrepreneurs are facing huge challenges and multiple paradoxes that Rosa’s thinking enables their better understanding. An essential precondition of the resonance of social entrepreneurs is their vulnerability, which is strengthened by the escalatory logic of acceleration of the world fostering ambivalence. Entering in resonance with the world is a cause and a consequence of vulnerability. Only a vulnerable social entrepreneur can experience resonant actions as a prerequisite to reach the “good life”. Our findings underline the necessity to reconcile Rosa’s theoretical analysis with the effectual logic of social entrepreneurship in which it is necessary for social entrepreneurs to resonate with all stakeholders to gain legitimacy and be able to identify the sources of their true “emancipatory interest” in long-term social transformation. (shrink)

This article explores the implications of the social brain and the endorphin-based bonding mechanism that underpins it for the evolution of religion. I argue that religion evolved as one of the behavioural mechanisms designed to facilitate community bonding when humans first evolved the larger social groups of ~150 that now characterise our species. This is not a matter of facilitating cooperation, but of engineering social cohesion – a very different problem. Analysis of the size of C19th utopian communities suggests that (...) a religious basis both allowed larger groups to form and greatly enhanced their longevity. I suggest that religion evolved in two stages: an early immersive form with no formal structure based on trance-dancing (a form still evident in the rituals and practices of many hunter-gatherers) and a later form which had more formal structures and gave rise to our modern doctrinal religions. I argue that the modern doctrinal religions did not replace ancestral immersive religions but rather that the doctrinal component was overlaid on the ancient immersive form, thereby giving rise to the mystical stance that underlies all world religions. I suggest that it is this mystical stance that causes the constant upwelling of cults and sects within world religions. (shrink)

This study assessed challenges faced by researchers with the informed consent process (ICP). In‐depth interviews were used to explore challenges encountered by Investigators, Research assistants, Institutional Review Board members and other stakeholders. An electronic questionnaire was also distributed, consisting of Likert‐scale responses to questions on adherence to the ICP, which were derived from the Helsinki Declaration and an informed consent checklist of the US Department of Health and Human Research (HSS). Responses were weighted numerically and scores calculated for each participant. (...) The median score of the level of adherence to the informed consent process was 93%. Most of the respondents (60%) cited the lack of time for the ICP to be a challenge, with 65% indicating a lengthy consent document to be the main challenge with the informed consent document. Challenges with language and communication were the dominant theme among informants. Despite the high adherence of Ghanaian researchers and research assistants to the ICP, challenges are still prevalent, requiring diligent and continuous efforts in research implementation. (shrink)

This article proposes and empirically tests a theoretical framework incorporating Reidenbach and Robin’s (J Bus Ethics 10(4):273–284, 1991 ) conceptual model of corporate moral development. The framework is used to examine the relation between governance and business ethics, as proxied by diversity management (DM), and financial reporting quality, as proxied by the magnitude of earnings management (EM). The level of DM and governance quality are measured in accordance with the ratings of Jantzi Research (JR), a leading provider of social and (...) governance research for institutional investors. This DM score is part of an index developed by JR that investment managers use to integrate DM criteria into their investment decisions. As expected, a negative relation between corporate DM development and financial reporting quality is found while controlling for other factors known in the literatures on governance and accounting choices to affect earnings quality. Despite some caveats presented in conclusion, this study contributes to the ethics, governance, and financial reporting literatures by studying the dynamics between governance and ethics in the prevention of EM. (shrink)

al-Juzʼ 1. Uṣūl al-masāʼil al-akhlāqīyah -- al-juzʼ 2-3. Furūʻ al-masāʼil al-akhlāqīyah.

Brain-computer interfaces are communication bridges between a human brain and external world, enabling humans to interact with their environment without muscle intervention. Their functionality, therefore, depends on both the BCI system and the cognitive capacities of the user. Motor-imagery BCIs rely on the users’ mental imagination of body movements. However, not all users have the ability to sufficiently modulate their brain activity for control of a MI-BCI; a problem known as BCI illiteracy or inefficiency. The underlying mechanism of this phenomenon (...) and the cause of such difference among users is yet not fully understood. In this study, we investigated the impact of several cognitive and psychological measures on MI-BCI performance. Fifty-five novice BCI-users participated in a left- versus right-hand motor imagery task. In addition to their BCI classification error rate and demographics, psychological measures including personality factors, affinity for technology, and motivation during the experiment, as well as cognitive measures including visuospatial memory and spatial ability and Vividness of Visual Imagery were collected. Factors that were found to have a significant impact on MI-BCI performance were Vividness of Visual Imagery, and the personality factors of orderliness and autonomy. These findings shed light on individual traits that lead to difficulty in BCI operation and hence can help with early prediction of inefficiency among users to optimize training for them. (shrink)

自史蒂芬·霍金(Stephen Hawking) 的暢銷科普著作《時間簡史》(以下簡稱《簡史》) 在上世紀八十年代末問世以來，至今天二十一世紀，華人基督教界就他宇宙無起點的論述仍有相當之評論，但可惜對評論未有綜合分析。評論者因寫作目的，也甚少交代霍金宇宙學的來龍去脈。故本文嘗試略述霍金宇宙學的歷史 背景及發展經過，繼而舉出華人基督教界的評論，帶出其獨特性，並提出商確的地方，以反省未來可行路向。.

While previous research has linked executive attention to emotion regulation, the current study investigated the role of attentional alerting (i.e., efficient use of external warning cues) on younger (N=39) and older (N=44) adults’ use of gaze to regulate their mood in real time. Participants viewed highly arousing unpleasant images while reporting their mood and were instructed to deliberately manage how they felt and to minimise the effect of those stimuli on their mood. Fixations toward the most negative areas of the (...) images were recorded with eye tracking. We examined whether looking less at the most negative regions, compared to each individual's own tendency, was a beneficial mood regulatory strategy and how it interacted with age and alerting ability. High alerting older adults, who rely more on external cues to guide their attention, experienced a smaller decline in mood over time by activating a less-negative-looking approach (compared to their own average tendency), effectively looking away from the most negative areas of the images. More negative gaze patterns predicted better mood for younger adults, though this effect decreased over time. Alerting did not moderate gaze–mood links in younger adults. Successful mood regulation may thus depend on particular combinations of age, fixation, and attention. (shrink)

This paper outlines the main trends in higher education in the Baltic States and in particular in Estonia and Latvia, on the basis of the European Union concept of competitiveness and knowledge-based society development. Using the World Bank system of knowledge-based indicators, the position of the Baltic States is discussed and compared with international competitiveness ratings. We illustrate higher education systems in Estonia and Latvia by providing information on present institutional structures and by analyzing the key issues that contributed to (...) their adaptation to a market economy in the 1990s until they became members of the EU. The study suggests that the educational systems in Estonia and Latvia are rather similar and that they have been restructured in accordance with western educational requirements and quality standards. They have greatly benefited from international efforts to professionalize the faculty in these institutions. At the same time, the educational system is not yet fully adjusted to the dynamic needs of the labor market. In order to meet the needs of competitive development, the education systems of the Baltic States, as small open countries and new EU members, should focus on increasing the functional flexibility of the labor force. (shrink)

To liberate African philosophy from the remnants of the colonial style of thought, Kwesi Wiredu promotes the idea of the conceptual decolonization of African philosophy. He argues that, to accomplish this project, African philosophers must theorize in African vernaculars. This article attempts to show that the project of the conceptual decolonization of African philosophy by recourse to theorizing in African vernaculars is challenging. It examines a particular strategy that Wiredu deploys in “Conceptual Decolonization as an Imperative in Contemporary African Philosophy,” (...) in which he hopes to demonstrate that the Akan conception of mind is superior to the Cartesian conception of mind. It demonstrates that Wiredu’s attempt to show the superiority of the Akan conception of mind is unsuccessful and that his project of conceptual decolonization fails. Nevertheless, it concludes that Wiredu’s conceptual decolonization project still shows promise even in light of our criticisms. (shrink)

It is undeniable that people have beliefs about what actions are morally right. These beliefs play an important role in guiding moral action. Is it possible however to justify beliefs about what actions are morally right? How can beliefs of this sort be justified? Sinnott-Armstrong has advanced an epistemic regress argument against the justification of moral beliefs with the consequence that moral beliefs cannot be justified. This essay addresses the issue of the justification of moral beliefs to answer the question (...) about how moral beliefs can be justified in response to Sinnott-Armstrong’s epistemic regress argument. It argues for the plausibility of Rawls’ reflective equilibrium as an adequate method of justification of moral beliefs. Three problems arise in the attempt to show that reflective equilibrium can adequately respond to Sinnott-Armstrong’s regress argument. These are vicious circularity, arbitrariness and epistemic moral disagreement. It is shown in this essay that these problems can be satisfactorily dealt with. (shrink)

Despite continuous academic attempts to investigate the relationship between public expectations of ethical leadership and corporate social responsibility (CSR) efforts, little research has demonstrated the subliminal process of the relationship. This study focuses on the publics' power distance perceptions as a key driver to lead individuals to prioritize CSR, mediated by the expectations of corporate ethical leadership. To further understand the mechanism and the way power distance perception influences public attitudes toward CSR operations, this study suggests a theoretical model illustrating (...) the relationships among power distance perception, expectancy of ethical leadership, expectancy of ethical CSR, and willingness to support socially responsible companies. A cross-national survey was conducted to provide empirical evidence from the United States (U.S.) and South Korea. Given that strategic approaches of CSR prioritize meeting public expectations toward corporate social roles, this study provides meaningful implications on public relations practice and CSR scholarship by demonstrating how public expectations of corporate ethical operations are shaped and how these expectations influence the public evaluation of corporate behaviors. (shrink)