This article examines whether and how the participation of women in the firm’s board of directors and senior management enhances financial performance. We use the Fama and French (1992, 1993) valuation framework to take the level of risk into consideration, when comparing firm performances, whereas previous studies used either raw stock returns or accounting ratios. Our results indicate that firms operating in complex environments do generate positive and significant abnormal returns when they have a high proportion of women officers. Although (...) the participation of women as directors does not seem to make a difference in this regard, firms with a high proportion of women in both their management and governance systems generate enough value to keep up with normal stock-market returns. These findings tend to support the policies currently being discussed or implemented in some countries and organizations to foster the advancement of women in business. (shrink)

The inconclusiveness of previous research on the association between gender diverse boards and corporate social performance has led us to revisit the question in light of stakeholder management and institutional theories. Given that corporate social responsibility is a multidimensional concept, we test the influence of GDB on various groups of stakeholders. By considering the interaction between stakeholders’ power and directors’ personal motivations toward the prioritization of stakeholders’ claims, we find that GDB are positively related to CSR dimensions that are related (...) to less powerful stakeholders such as the environment, contractors, and the community. However, GDB do not appear to have a significant impact on CSR dimensions that are associated with stakeholders who benefit from more institutionalized power, such as employees and customers. (shrink)

This study relies on environmental stewardship, a stakeholder-enlarged view of stewardship theory, and institutional theory to analyze the relationship between CEO compensation and firms’ environmental commitment in a worldwide sample of 520 large listed firms. Our findings show that environment friendly firms pay their CEOs less total compensation and rely less on incentive-based compensation than environment careless firms. This negative relationship is stronger in institutional contexts where national environmental regulations are weaker. Our findings have important theoretical meaning and practical implications. (...) Results show that CEOs do not necessarily act opportunistically; rather some of them may be willing to act as stewards of the natural environment and accept a lower, less incentive-based compensation from environment friendly firms. This study also provides evidence of the important influence of the institutional context in setting-up CEO compensation as the relationship is stronger when national environmental regulations are weaker. Our findings question the universal validity of agency theory in explaining CEO compensation. Compensation based on pecuniary incentives might be less indicated to motivate CEOs who feel rewarded by playing a stewardship role for environment friendly firms. When designing compensation for CEOs, compensation committees and external compensation advisors should consider psychological and institutional factors that might affect CEO motivation. (shrink)

Companies that are serious about corporate governance and business ethics are turning their attention to gender diversity at the most senior levels of business . Board gender diversity has been the subject of several studies carried out by international organizations such as Catalyst , the World Economic Forum , and the European Board Diversity Analysis . They all lead to reports confirming the overall relatively low proportion of women on boards and the slow pace at which more women are being (...) appointed. Furthermore, the proportion of women on corporate boards varies much across countries. Based on institutional theory, this study hypothesizes and tests whether this variation can be attributed to differences in cultural settings across countries. Our analysis of the representation of women on boards for 32 countries during 2010 reveals that two cultural characteristics are indeed associated with the observed differences. We use the cultural dimensions proposed by Hofstede to measure this construct. Results show that countries which have the greatest tolerance for inequalities in the distribution of power and those that tend to value the role of men generally exhibit lower representations of women on boards. (shrink)

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)

This study investigates the effect of country-level emancipative forces on corporate gender diversity around the world. Based on Welzel’s theory of emancipation, we develop an emancipatory framework of board gender diversity that explains how action resources, emancipative values and civic entitlements enable, motivate and encourage women to take leadership roles on corporate boards. Using a sample of 6390 firms operating in 30 countries around the world, our results show positive single and combined effects of the framework components on board gender (...) diversity. Our research adds to the existing literature in a twofold manner. First, our integrated framework offers a more encompassing, complete and theoretically richer picture of the key drivers of board gender diversity. Second, by testing the framework empirically, we extend the evidence on national drivers of board gender diversity. (shrink)

This study investigates the engagement of family firms in corporate social responsibility. We first compare their corporate social performance to non-family firms. Then, following recent evidence on the heterogeneity of family firms, we examine two factors that may influence CSP within family firms: the level of family control and the governance orientation of the country in which they operate. This research is based on a theoretical framework which considers both agency and socioemotional wealth influences on family firms CSR engagements. Overall, (...) we find that family firms exhibit lower CSP than non-family firms. But when focusing on family firms, our analyses show a curvilinear relationship between family control and CSP. At lower levels of control, family owners invest more in social initiatives to protect their SEW. Beyond a threshold level of control that we estimate at 36 % in our sample, economic considerations prevail over SEW and social performance starts decreasing. We also find that family firms operating in stakeholder-oriented countries are more attentive to social concerns than those operating in more shareholder-oriented countries. (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)

L'Odyssée, le plus ancien poème de la culture occidentale, met en scène la métamorphose qui change Ulysse en lui-même sous les yeux dessillés de ceux qui échouaient jusque-là à le reconnaître. Ulysse constitue ainsi la première d'une longue série de figures donnant corps à cette opération mystérieuse : le passage de l'existence en régime d'obscurité à l'existence "en personne", dans une forme de vérité. Que signifie un tel passage? Comment s'opère cette transition? Quelles formes cette idée d'existence en personne a-t-elle (...) pu revêtir dans la pensée occidentale? Claude Romano interroge les sources, y compris lointaines, de cette idée d' "existence en vérité" telle qu'elle sous-tend notamment l'idéal moderne d'authenticité personnelle, en retraçant la généalogie de cet idéal et en exhumant certaines de ses formes plus anciennes. Chemin faisant, le lecteur découvre différents types et régimes de discours, philosophique, mais aussi théologique, spirituel, rhétorique, littéraire, esthétique. Romano esquisse ainsi une histoire de la philosophie occidentale aux contours bien différents de ceux qu'on lui prête généralement : à l'écart des grandes métaphysiques du moi et de la subjectivité, il emprunte les chemins de traverse d'une enquête sur les formes de vie et les modes d'existence. (shrink)

Qu'est-ce qu'un enseignement? Une pensée? Qu'autorisent-ils? À la suite de Claire Brunet, Sandra Laugier et Frédérique Ildefonse qui dirigent ce volume, d'anciens étudiants, aujourd'hui chercheurs renommés ou plus discrets, creusent à travers le sillon de leur discipline ce que leur a permis l'enseignement de leur maître commune à l'École normale supérieure. Les amitiés intellectuelles s'y joignent. Ce que l'on appelle communément communication dans le monde académique devient texte. Tous, en creux, décrivent l'influence d'un enseignement, la liberté qu'il permet à des (...) esprits pour s'épanouir et nous laissent découvrir un portrait intellectuel d'une grande originalité. La pensée de Claude Imbert, philosophe, logicienne, longtemps directrice du département de philosophie de la rue d'Ulm, n'a pas les honneurs médiatiques français en sus des "académiques" d'usage. S'y prêterait-elle? Pourtant, la philosophe française est depuis plus de vingt ans lue, reçue et écoutée dans les universités du monde entier, des Etats-Unis à la Chine en passant par l'Amérique du Sud. Tous les textes rassemblés ici, comme autant de variations, sans jamais le dire, souhaitent contribuer à la reconnaissance de l'oeuvre. Un inédit "Ne rien oublier et tout apprendre" de la philosophe et un texte de Pascalle Monnier, écrivain, accompagnent le volume."--Page 4 of cover. (shrink)

Novel forms of matter, such as states made of gluons (glueballs), multiquark mesons or baryons and hybrid mesons are predicted by low energy QCD, for which several candidates have recently been identified. Searching for such exotic states of matter and studying their production and decay properties in detail has become a flourishing field at the experimental facilities now available or being built - e.g. BESIII in Beijing, BELLE II at SuperKEKB, GlueX at Jefferson Lab, PANDA at FAIR, J-PARC and in (...) the upgraded LHC experiments, in particular LHCb. A modern primer in the field is required so as to both revive and update the teaching of a new generation of researchers in the field of QCD. These lectures on hadron spectroscopy are intended for Master and PhD students and have been originally developed for a course delivered at the Stefan Meyer Institute of the Austrian Academy of Sciences. They are phenomenologically oriented and intended as complementary material for basic courses in particle and nuclear physics. The book describes the spectra of light and heavy mesons and baryons, and introduces the fundamental properties based on symmetries. Further, it derives multiplet structures, mixing angle, decay coupling constants, magnetic moments of baryons, and predictions for multiquark states and compares these with suitable experimental data. Basic methods of calculating decay angular distributions and determining masses and widths of resonances are also presented. The appendices provide students and newcomers to the field with the necessary background information, and include a set of problems and solutions. (shrink)

The prevailing case study approach to teaching biomedical ethics is compared with a new methodology using short written exercises designed to develop decision making skills. Course content of this new approach and its adaptability to computer assisted instruction with student-faculty interactive software are outlined.

Comment adapter l’éthique journalistique aux réseaux sociaux ? Comment respecter son devoir de réserve sur les réseaux sociaux ? Faut-il respecter ce devoir de réserve même sur les réseaux sociaux ? Quelle transparence les journalistes doivent afficher sur les réseaux sociaux ? Cet article suggère des pistes de réflexion.

On connaît de Charles Larmore (1950), philosophe moral américain contemporain, ses célèbres objections à John Rawls, mais peu de travaux se concentrent sur sa philosophie : son réalisme moral, sa réhabilitation partielle de l'idéal d'authenticité, sa version du libéralisme politique ou encore à sa théorie normativiste du moi. Ce sont ces différents aspects de sa pensée que les études contenues dans ce volume, premier ouvrage entièrement consacré à l'oeuvre de Charles Larmore, interrogent et mettent en perspective. Un essai inédit du (...) philosophe américain ainsi qu'un débat entre Charles Larmore et Alain Renaut autour de la controverse réalisme-idéalisme y figurent également, en guise de conclusion. (shrink)

v. 1. 1737-1756, lettres 1-249 -- v. 2. 1757-1760, lettres 250-464 -- v. 3.1761-1774, lettres 465-720 -- v. 4. 1774-1800, lettres 721-855 -- v. 5. Quatre nouvelles lettres, errata, additions et modifications, lettres exclues de l'édition proprement dite, généalogies, liste des lettres, index et table des matières.

"Alexis de Tocqueville compte parmi le petit nombre de penseurs dont la réputation ne fait que s’affirmer avec le temps. Depuis la parution de sa Démocratie en Amérique, il y a près de deux siècles, des études innombrables ont souligné la justesse et la perspicacité de sa vision de l’histoire moderne. Dans ce livre, Claude Corbo met en lumière des aspects moins connus de l’homme et de l’œuvre, qu’il connaît de longue date. Au cours de son célèbre voyage de (...) 1831-1832, Tocqueville rencontre non seulement des citoyens de la jeune république américaine, mais aussi ceux qui ont pris figure de vaincus. Il prend le temps d’observer les Autochtones aussi bien en périphérie des villes qu’aux confins que constitue la Frontière. Du 23 août au 2 septembre 1831, visitant Montréal, Québec et les campagnes environnantes, il fait avec ravissement la connaissance des Canadiens français du Bas-Canada. Dans les deux cas, ses rencontres et ses observations lui inspirent des réflexions lucides et sombres à la fois. Des nations autochtones, il écrit sans ménagements: "La ruine de ces peuples a commencé du jour où les Européens ont abordé sur leurs rivages; elle a toujours continué depuis; elle achève de s’opérer de nos jours." Des Canadiens français, il se désole d’avouer que "ce ne sera jamais un peuple nombreux. Tout deviendra anglais autour de lui.""--Page 4 de la couverture. (shrink)

Up until today, the term linguistics has never figured in the title of any chair in the Collège de France. However, those having a rapport with language have not been lacking, among them those of “language and literature,” “history and philology” of various cultures, philology, although it does not study language itself, having recourse to it. There are four personalities to be kept in mind in the twentieth century: Abbé Rousselot, whose teaching of phonetics, although briefly, left a permanent mark (...) on his listeners; Mario Roques, who gave a course in the “Histoire du vocabulaire français” from 1937 to 1946; Roland Barthes, who rendered “Sémiologie littéraire” illustrious from 1976 to 1980; and M. Zemb, who two years ago was the first linguist in the modern sense to enter the Collège, with a chair of “Grammaire et pensée allemandes.”. (shrink)

Dans le Beyrouth des annees 1910-1920, deux hommes et deux femmes, ayant en commun des origines grecques et le metier d'ecrivain-journaliste, voient leurs destins se croiser autour du mouvement arabiste. Considere aujourd'hui comme martyr de la Nation libanaise, Petro Paoli (1882-1916) est condamne en raison de ses ecrits par le tribunal ottoman d'exception de Aley et execute le 6 mai 1916. Constantin Yanni (1885-1947) echappe au meme sort et se rend au Hijaz ou il prend part a la Grande revolte (...) menee par le Cherif Hussein. Marie Ajami (1888-1965), fiancee tragique de Petro et Marie Yanni (1890-1975), sur de Constantin, menent un double-combat en faveur de la cause feministe et de l'independance nationale. Ce livre suit le cheminement de la quete d'un Quatuor qui entraine l'auteur dans le dedale des identites multiples, entre memoire et oubli. Le temps de la recherche rythme le recit. Les carnets de bord tenus par Basma Zerouali tissent une trame dans laquelle viennent s'inserer compte-rendu historique, documents d'archives, photographies et entretiens realises lors d'enquetes de terrain. L'actualite d'alors s'y dessine par petites touches, de la France au Liban en passant par la Grece des annees de " crise " ou le Damas du dernier ete avant la guerre. Membre scientifique de l'Ecole francaise d'Athenes, Basma Zerouali y dirige depuis 2012 le programme de recherche La Grece et le monde arabe. Elle a collabore durant plusieurs annees aux recherches du Centre d'etudes d'Asie Mineure a Athenes et a enseigne a l'Universite de Chypre. Elle est l'auteur de nombreux travaux portant sur le cosmopolitisme et le metissage culturel en Mediterranee orientale. (shrink)

"A genuinely innovative contribution to philosophical accounts of subjectivity and temporality. Romano develops what he calls an 'evential hermeneutics' that takes as its starting point the life-changing events that upend our world. He studies the structure of these events in terms of the genuine change and novelty that they open up, distinguishing them from mere occurrences, which can be explained as a subject realizing pre-existing possibilities. Because such events introduce radically new possibilities by transforming me and my world, Romano argues (...) that they must be understood as establishing a world rather than as happening in the world."--Shane Mackinlay, Catholic Theological College, University of Divinity, Melbourne. (shrink)

Auteur du Pèlerinage aux sources, du Chiffre des choses, A de La Passion, de Noé, de La Trinité spirituelle, disciple de Gandhi, fondateur de l'ordre de l'Arche, maître de vie intérieure, pionnier de la lutte contre le nucléaire, Lanza del Vasto laisse une oeuvre admirable d'écrivain et de philosophe ; de même que l'Arche, son oeuvre de vie. Notre système économique et politique s'effondre sous nos yeux, la violence prend la forme d'un terrorisme universel, nous subissons la cruauté économique et (...) sommes les témoins du saccage de la terre. Lanza del Vasto l'avait prédit. Son enseignement fut prophétique, parce que lucide ; il est plus actuel que jamais. Seule la non-violence permet de sortir d'un système auto-destructeur, pensait-il. Pour Lanza comme pour Gandhi, elle est " force de vérité " et rien ne peut s'accomplir sans la " force de l'amour ". Par la conversion personnelle et collective qu'il implique, l'enseignement de Lanza del Vasto indique la voie et apprend à résister. Lanza del Vasto, serviteur de la Paix est le portrait d'un homme d'action et d'un penseur essentiel dont le message est à redécouvrir de toute urgence. (shrink)

Cet ouvrage est une réédition numérique d’un livre paru au XXe siècle, désormais indisponible dans son format d’origine.

Rousseau a bouleversé la compréhension du phénomène humain. Treize études prennent la mesure de cette révolution théorique qui touche l'image de soi, l'idée du bien, les attentes politiques, la perception de la société. Chacune scrute la radicalité de la science de l'homme qu'il a inaugurée.