The activism of institutional investors tends more and more toward the supervision and control of the behavior of the managers of big companies. In this article, we present a model based on the creation of an activism index that lets us evaluate such activism's effect on the sensitivity of the investment policies of a company in the face of financial variables and market variables. To test our assertions, we analyze firm-level data for United Kingdom, Germany, France, Denmark, and Spain during (...) the period 1995-2004. Our results point to a significant reduction in the sensitivity of company investment decisions in the face of these variables, especially relative to intangible capital, as a result of the neutralizing effect of activism on the high agency costs of free cash flow and on the information asymmetries of the market. (shrink)

The activism of institutional investors tends more and more toward the supervision and control of the behavior of the managers of big companies. In this article, we present a model based on the creation of an activism index that lets us evaluate such activism's effect on the sensitivity of the investment policies of a company in the face of financial variables and market variables . To test our assertions, we analyze firm-level data for United Kingdom , Germany, France, Denmark, and (...) Spain during the period 1995-2004. Our results point to a significant reduction in the sensitivity of company investment decisions in the face of these variables, especially relative to intangible capital, as a result of the neutralizing effect of activism on the high agency costs of free cash flow and on the information asymmetries of the market. (shrink)

L'analyste des discours qui surgissent au sein de conflits sociaux, de controverses, de débats publics, a souvent le sentiment qu'il n'observe pas des 'camps' correspondant à des groupes d'individus, mais des agencements qui doivent être considérés indépendamment des intentions, des stratégies ou des opinions de ceux qui y sont impliqués. Pour décrire les processus dans lesquels se constituent ces configurations conflictuelles, on fait alors appel à des combinaisons conceptuelles plus ou moins heureuses. À partir de l'hypothèse selon laquelle les conflits (...) sociaux évoluent par le renforcement/affaiblissement de la disponibilité de types d'actions, ce livre se propose de construire une théorie sémantique qui permette d'éclairer les mécanismes à l'œuvre dans les dynamiques sociales structurées par des tensions, d'interroger les liens entre discours et actions humaines, et d'explorer les conditionnements de la formation sociale du politique"--Page 4 of cover. (shrink)

The activism of institutional investors tends more and more toward the supervision and control of the behavior of the managers of big companies. In this article, we present a model based on the creation of an activism index that lets us evaluate such activism’s effect on the sensitivity of the investment policies of a company in the face of financial variables (such as cash flow and liquidity ratio) and market variables (ownership concentration and value creation index). To test our assertions, (...) we analyze firm-level data for United Kingdom (U.K.), Germany, France, Denmark, and Spain during the period 1995–2004. Our results point to a significant reduction in the sensitivity of company investment decisions in the face of these variables, especially relative to intangible capital, as a result of the neutralizing effect of activism on the high agency costs of free cash flow and on the information asymmetries of the market. (shrink)

Numerous eukaryotic DNA processing enzymes, such as DNA polymerases and ligases, bind the processivity factor PCNA, which acts as a platform to recruit and regulate the binding of enzymes to their DNA substrate. Multiple PCNA‐interacting motifs (PIPs) are present in these enzymes, but their individual structural and functional role has been a matter of debate. Recent cryo‐EM reconstructions of high‐fidelity DNA polymerase Pol δ (Pol δ), translesion synthesis DNA polymerase κ (Pol κ) and Ligase 1 (Lig1) bound to a DNA (...) substrate and PCNA demonstrate that the critical interaction with PCNA involves the internal PIP proximal to the catalytic domain. The ancillary PIPs, located in long disordered regions, are instead invisible in the reconstructions, and appear to function as flexible tethers when the enzymes fall off the DNA. In this review, we discuss the recent structural advancements and propose a functional hierarchy for the PIPs in Pol δ, Pol κ, and Lig1. (shrink)

Nature Network Groups hosted an invited workshop on 'Theories of Consciousness' during the second semester of 2009. There were presentations by each of 15 authors active in the field, followed by debate with other presenters and invitees. A week was allocated to each of the theories proposed; general discussion threads were also opened from time to time, as seemed appropriate. We offer here an account of the principal outcomes. It can be regarded as a contemporary, 'state of the art' snapshot (...) of thinking in this field. (shrink)

Dados da tradução brasileira de HEGEL, Georg Wilhelm Friedrich. Linhas Fundamentais da Filosofia do Direito ou Direito Natural e Ciência do Estado em Compêndio. Tradução, notas, glossário e bibliografia de Paulo Meneses et alli. Apresentações de Denis Lerrer Rosenfield e de Paulo Roberto Konzen. São Paulo: Loyola; São Leopoldo: UNISINOS, 2010.

Jewish law has a history stretching from the early period to the modern State of Israel, encompassing the Talmud, Geonic and later codifications, the Spanish Golden Age, medieval and modern responsa, the Holocaust and modern reforms. Fifteen distinct periods are separately studied in this volume, each one by a leading specialist, and the emphasis throughout is on the development of the institutions and sources of the law.

The distribution pattern of the meiotic machinery in known eukaryotes is most parsimoniously explained by the hypothesis that all eukaryotes are ancestrally sexual. However, this assumption is questioned by preliminary results, in culture conditions. These suggested that Acanthamoeba, an organism considered to be largely asexual, constitutively expresses meiosis genes nevertheless—at least in the lab. This apparent disconnect between the “meiosis toolkit” and sexual processes in Acanthamoeba led to the conclusion that the eukaryotic ancestor is asexual. In this review, the “meiosis (...) toolkit” is rigorously defended, drawing on numerous research articles. Additionally, the claim of constitutive meiotic gene expression is probed in Acanthamoeba via the same transcriptomics data. The results show that the expression of the meiotic machinery is not constitutive in Acanthamoeba as claimed before. Furthermore, it is argued that this would have no implications for understanding the nature of the eukaryotic ancestor, regardless of the result. (shrink)

Introduzione Il problema filosofico centrale di Lexical Competence (Marconi 1997 — i riferimenti che faremo sono relativi all’edizione italiana apparsa due anni dopo) è che cosa distingue la comprensione del linguaggio da parte di un agente umano da quella che potrebbe essere attribuita a un sistema artificiale. Nel rispondere a questa domanda Marconi (d’ora in poi, M.) offre una teoria della conoscenza del significato, descrive cioè in che cosa consiste conoscere il significato delle parole...

Husserl on the Ego and its Eidos (Cartesian Meditations, IV) ALFREDO FERRARIN THE THEORY OF the intentionality of consciousness is essential for Husserl's philosophy, and in particular for his mature theory of the ego. But it runs into serious difficulties when it has to account for consciousness's transcendental constitution of its own reflective experience and its relation to immanent time. This intricate knot, the inseparability of time and constitution, is most visibly displayed in Husserl's writings from the 192os up (...) to the notion of the eidos ego in the fourth Cartesian Meditation. In this paper I want to dwell on the most problematic aspects of this theory. After a few preliminary remarks about the intentionality of consciousness (sec- tion 1), I try to place the theory of the substrate of habitualities in the context of Husserl's evolution on the issue of the reflection of the ego on itself (section ~). I briefly follow the threads of Husserl's shifting position from the Logical Investi- gat/ons and Ideas I to Ideas II, the Cartesian Meditations and the Cr/s/s. I indicate Husserl's works are quoted with the following abbreviations: CM = Cartesiani.~he Meditationen, Husserliana Bd. I, hrsg. v. S. Strasser (Den Haag, 195o); Carte- s/an M~, trans. D. Cairns (Dordrecht, 196o ) SW = Husserl, Shorter Works, ed. P. McCormick and F. Elliston (Notre Dame, 198a) IZ = Zur Phttnomenologie des inneren Zeilheun~tseim (z 893-z 917), Husserliana Bd. X, hrsg. v. R. Boehm (Den Haag, 1966 ) Ideen I = ldeen zu einer reinen Ph~nomenologie und ph~nomenologischen Philosophic, Husserliana Bd. III, hrsg. v. W. Biemel (Den Haag, t95o); Ideas I, trans. F. Kersten (The Hague, Boston, Lancaster, s983) ldeen// = ld., Hussefliana Bd. IV, hrsg. v. M. Biemel (Den Haag, 1952); Ideas I1, trans. R. Rojcewicz and A. Schuwer (Dordrecht, Boston, London, x 989) FTL = Forma/e und transzendenta~ Log/k, Husserliana Bd. XVII, hrsg. v. P. Janssen (Den Haag, t974) Kr/sh = Kr/s/s der europ~/schen W/ssen~haften, Husserliana Bd. VI, hrsg. v. W. Biemel (Den Haag, 1954) I wish to express my gratitude to Pierre Kerszberg and Alessandra Fussi for their helpful com- ments on an earlier draft of the paper, and to Graham Harman for checking the final version of my English text. [645] 646 JOURNAL OF THE HISTORY OF PHILOSOPHY 32:4 OCTOBER 1994 some historical antecedents, in particular Aristotle, of Husserl's theory of abid- ing properties which, as far as I can see, have not been pointed out before. Husserl's Entwicklungsgeschichte on the topic of the pure ego has already been the object of important scholarly works, of which Kern's 1964 Husserl und Kant seems to me the best example. But what the secondary literature does not do is develop thematically the ambiguities of Husserl's definitions of consciousness and temporality in a unitary and comprehensive way. While I follow the lead of Berger, Broekman, Kern, Marbach,' and others, I find that their work does not sufficiently stress the difficulties at the core ofintentionality and reflective time- consciousness. Therefore, although section 2 is a necessary presupposition for drawing some critical conclusions in the final two sections, it does not exhaust my theme. After clarifying the peculiarity of the notions of essence, intuition, tran- scendental and apriori, as well as their irl:educibility to a Kantian meaning, I turn to the "de facto transcendental ego" resulting from eidetic variation (section 3) in order to introduce an examination of temporality. The difficul- ties in the twofold requirement, namely, that consciousness be the identical subject of its Erlebnisse and be synthetically unified in time, concern the unity, primacy, and mutual relation of time and consciousness in the constitution of our experience. They have been heady pointed out by Ricoeur in his commen- tary on the Cartesian Meditations. But what I want to argue in section 4, going beyond Ricoeur's text, is that the tension between temporally constituted and constitutive consciousness in the ego's reflection on its own retentions and protensions does not simply make the question of time ambiguous, but has crucial and problematic bearings on the very definition of consciousness as intentionality. In this respect... -/- . (shrink)

This article seeks to take a step towards recognizing that science can deal with the concrete and individual as well as the universal. I shall concentrate on some of Aristotle’s texts, as there is a long tradition going back to Aristotle, according to which science deals only with the universal, although his work also contains texts of a very different tenor. He tries to improve the process of definition as an attempt to bring science closer to the concrete, but ends (...) up realizing that there are some unreachable limits. There is, however, a second Aristotelian approach to the problem in Metaphysica M 10, a passage which takes scientific rapprochement to the individual further by introducing a distinction between science in potential and science in act. The former is universal, but the latter deals with individual substances and processes. Aristotle himself acknowledges here that in one sense science is universal and in another it is not, a position that raises important ontological and epistemological problems. Some suggestions are also offered concerning the kind of truth applicable to science in act, that is, practical truth.Author Keywords: Author Keywords: Aristotle; Practical truth; Science in act; Science of the individual; Definition. (shrink)

Reseña de la obra de Idel, M., _Cábala hebrea y cábala cristiana_. Buenos Aires, Editorial Prometeo, 2011, 112 pp. ISBN: 978-98-7574-517-9.

The importance of Adam Ferguson as part of the Scottish Enlightenment has been well established, with concentration on his social and political thought. George Turnbull has not been as well studied, but the valuable recent anthology by M. A. Stewart and Paul Wood has incited new interest. This paper selects a narrow aspect of their thought, their views on the social role of knowledge, which show common as well as complementary aspects. As educators who published their enhanced class notes, their (...) concern for providing positive motivations for their students is evident from their writings. Moral philosophy courses in general attempted to prepare graduates to assume responsible roles in society. Turnbull emphasizes the inspirational value of order and beauty in nature, while Ferguson's particular interest is in the value of learning efforts and knowledge development as part of the cumulative progress of civilization. We believe that a joint review of their thought can provide a rich source of possibly inspirational and motivational themes that could be helpful for professionals and educators in any culture. These topics are discussed here in the broader context of the Scottish Enlightenment. (shrink)

En su anterior estudio sobre la recepción de Vico en el s. XIX español, el autor analizó los casos de importantes intelectuales como Juan Donoso Cortés, Jaime Luciano Balmes, Juan Valera, Marcelino Menéndez Pelayo, Alfredo Adolfo Camus y Nicolás Serrano. Con ello se cumplió parte del plan de desmontar la tesis frecuentemente aceptada de una "ausencia" de Vico en España. Este plan se viene a desarrollar ahora con una nueva aportación investigadora en la que el autor muestra y analiza (...) tres importantes casos más de recepción viquiana: la del ecléctico historiador Fermin Gonzalo Morón, la del renovador neoescolástico Ceferino González, y la del fundador de la escuela jurídica catalana Manuel Durán y Bas. Con ellos el autor confirma su tesis de que Vico es apreciado, tanto desde la recepción positiva como desde la crítica, como un pensador modemo y heterodoxo de considerable valía.In his former paper on Vico’s reception during the XIX century in Spain, the author reviewed such significant intellectuals as Juan Donoso Cortés, Jaime Luciano Balmes, Juan Valera, Marcelino Menéndez Pelayo, Alfredo Adolfo Camus and Nicolás Serrano. In so doing, the task of dislodging the thesis so frequently held that there is a Vico’s "absence" in Spain was partially accomplished. This task is taken up again in a recent investigation where the author analyzes and assesses three further important cases related with the Spanish Vichian reception: that of eclectic historian Femín Gonzalo Morón, the neo-scholastic Ceferino González and finally the Catalan legal school founder Manuel Durán y Bas. With those examples the author aims to validate his claim that Vico was indeed acknowledged both as a modern and heterodox thinker by the positive as well as by the critical reception. (shrink)

This study described the relationships between academic class and student moral sensitivity and reasoning and between curriculum design components for ethics education and student moral sensitivity and reasoning. The data were collected from freshman (n = 506) and senior students (n = 440) in eight baccalaureate nursing programs in South Korea by survey; the survey consisted of the Korean Moral Sensitivity Questionnaire and the Korean Defining Issues Test. The results showed that moral sensitivity scores in patient-oriented care and conflict were (...) higher in senior students than in freshman students. Furthermore, more hours of ethics content were associated with higher principled thinking scores of senior students. Nursing education in South Korea may have an impact on developing student moral sensitivity. Planned ethics content in nursing curricula is necessary to improve moral sensitivity and moral reasoning of students. (shrink)

La recepción europea de Gómez Dávila comenzó a desplegarse de manera más amplia a partir de la lectura y difusión realizada por Franco Volpi. Este artículo alude a la manera como dicha lectura concretó las interpretaciones del colombiano, principalmente a la luz de una filosofía práctica y una perspectiva crítica. De dichas posturas, el italiano destaca la vocación vital y el carácter provocador del pensamiento de Gómez Dávila.

Este artículo analiza en primera instancia la lectura y consideración hermenéutica que Ernesto Volkening realiza de la obra de Nicolás Gómez Dávila. Tras una presentación de las pautas interpretativas que se dan en el Diario de lectura de Volkening, se considera luego el interés de losautores por la arquitectura y el urbanismo modernos, como claves para la crítica del modo de vida reificante del hombre actual. Posteriormente, se ilustran las pautas que abordan la historia y la historicidad, bajo la idea (...) de una comprensión hermenéutica gestada en los contextos, opuesta a cualquier determinismo y puesta en marcha bajo la impronta de la singularidad e individualidad. (shrink)

Contiene una sección especial sobre Filosofía Latinoamericana, donde hay ponencias de los siguientes autores: Carlos Alemián, Abelardo Barra Ruatta, Alberto Buela y Oscar Wingartz Plata. Además, sobre Arturo A. Roig (dos artículos, uno de Estela Fernández y otro de Marisa Muñoz, Dante Ramaglia y Oscar Zalazar); sobre ensayo y fenomenología en América Latina (Clara Alicia Jalif de Bertranou); sobre Agustín Alvarez (Dante Ramaglia); y sobre Simón Rodríguez (Oscar Salazar). De otras secciones destacamos una ponencia de Arturo A. Roig sobre la (...) historia de las ideas y la filosofía latinoamericana, y otras dos, una sobre Mariátegui (Néstor Kohan) y la segunda sobre Andrés Mercado Vera (Isabel Luchetta)"--Handbook of Latin American Studies, v. 58. (shrink)

Philosophers of perception frequently assume that we see actual states of affairs, or facts. Call this claim factualism. In his book, William Fish suggests that factualism is supported by phenomenological observation as well as by experimental studies on multiple object tracking and dynamic feature-object integration. In this paper, I examine the alleged evidence for factualism, focusing mainly on object detection and tracking. I argue that there is no scientific evidence for factualism. This conclusion has implications for studies on the phenomenology (...) and epistemology of visual perception. (shrink)

The sensorimotor theory of vision and visual consciousness is often described as a radical alternative to the computational and connectionist orthodoxy in the study of visual perception. However, it is far from clear whether the theory represents a significant departure from orthodox approaches or whether it is an enrichment of it. In this study, I tackle this issue by focusing on the explanatory structure of the sensorimotor theory. I argue that the standard formulation of the theory subscribes to the same (...) theses of the dynamical hypothesis and that it affords covering-law explanations. This however exposes the theory to the mere description worry and generates a puzzle about the role of representations. I then argue that the sensorimotor theory is compatible with a mechanistic framework, and show how this can overcome the mere description worry and solve the problem of the explanatory role of representations. By doing so, it will be shown that the theory should be understood as an enrichment of the orthodoxy, rather than an alternative. (shrink)