In general it is found that the corporate managers and stockholders possess totally different view about good governance of a company. Managers strongly believe that governance of their companies is quite well but stockholders view that it is very poor. The study found that the groups differ in perception especially in terms of turnover, production, capital, leverage, debt service, credit policy, solvency, human resource, recruitment, technology, customer satisfaction, internal control, strength, opportunity, competition, industry position, collective bargaining agent (CBA) issues, and (...) economic remedies; whereas, they have similar view in terms of adequacy of research fund, company weaknesses and threats, contingency plans, presence of political influence. The managers think that the companies do not have enough retained earnings and these should not be distributed among stockholders, but the stockholders thinkotherwise. Managers always perceive that they are underpaid whereas stockholders express the opposite view. Each group believes that it is the other group that dominates the decision-making. Both the group wants to have mutual interaction but stockholders want to interact more than the mangers. The study noted that corporate managers’ tenure is more with the company than a stockholder’s holding of stock. The study also found that the managers are better educated than the stockholders. The study observed serious gender biasness both in management position and stockholding of the corporations. Though both the groups belong to same age level but their distribution shows stockholders enter into the share market at an early age. (shrink)
History casts a spell on our minds more powerful than science or religion. It does not root us in the past at all. It rather flatters us with the belief in our ability to recreate the world in our image. It is a form of self-assertion that brooks no opposition or dissent and shelters us from the experience of time. So argues Constantin Fasolt in The Limits of History , an ambitious and pathbreaking study that conquers history's power by (...) carrying the fight into the center of its domain. Fasolt considers the work of Hermann Conring (1606-81) and Bartolus of Sassoferrato (1313/14-57), two antipodes in early modern battles over the principles of European thought and action that ended with the triumph of historical consciousness. Proceeding according to the rules of normal historical analysis--gathering evidence, putting it in context, and analyzing its meaning--Fasolt uncovers limits that no kind of history can cross. He concludes that history is a ritual designed to maintain the modern faith in the autonomy of states and individuals. God wants it, the old crusaders would have said. The truth, Fasolt insists, only begins where that illusion ends. With its probing look at the ideological underpinnings of historical practice, The Limits of History demonstrates that history presupposes highly political assumptions about free will, responsibility, and the relationship between the past and the present. A work of both intellectual history and historiography, it will prove invaluable to students of historical method, philosophy, political theory, and early modern European culture. (shrink)
Constantine Zurayk, one of the most important Arab thinkers of the twentieth century, has examined and reflected on the principal political events and cultural crises of the period. His main philosophical theses are seen in relation to the "Kulturphilosophie" of turn-of-the-century German thinkers, in particular to the philosophies of life of Dilthey, Nietzsche, and Simmel and to the Neo-Kantian thought of Ernst Cassirer. Both the virtues and shortcomings of Zurayk's philosophy of culture, especially in the Arab context, are seen in (...) his distinction between, and elaboration on, the descriptive and normative approaches to culture. (shrink)
The two Heisenberg Uncertainties (UR) entail an incompatibility between the two pairs of conjugated variables E, t and p, q. But incompatibility comes in two kinds, exclusive of one another. There is incompatibility defineable as: (p → -q) & (q → -p) or defineable as [(p → -q) & (q → -p)] ↔ r. The former kind is unconditional, the latter conditional. The former, in accordance, is fact independent, and thus a matter of logic, the latter fact dependent, and thus (...) a matter of fact. The two types are therefore diametrically opposed. In spite of this, however, the existing derivations of the Uncertainties are shown here to entail both types of incompatibility simultaneously. ΔEΔt ≥ h is known to derive from the quantum relation E = hv plus the Fourier relation ΔvΔt ≥ 1. And the Fourier relation assigns a logical incompatibility between Δv = 0, Δt = 0. (Defining a repetitive phenomenon at an instant t → 0 is a self contradictory notion.) An incompatibility, therefore, which is fact independent and unconditional. How can one reconcile this with the fact that ΔEΔt exists if and only if h > 0, which latter supposition is a factual truth, entailing that a ΔE = 0, Δt = 0 incompatibility should itself be fact dependent? Are we to say that E and t are unconditionally incompatible (via ΔvΔt ≥ 1) on condition that E = hv is at all true? Hence, as presently standing, the UR express a self-contradicting type of incompatibility. To circumvent this undesirable result, I reinterpret E = hv as relating the energy with a period. Though only one such period. And not with frequency literally. (It is false that E = v. It is true that E = v times the quantum.) In this way, the literal concept of frequency does not enter as before, rendering ΔvΔt ≥ 1 inapplicable. So the above noted contradiction disappears. Nevertheless, the Uncertainties are derived. If energy is only to be defined over a period, momentum only over a distance (formerly a wavelength) resulting during such period, thus yielding quantized action of dimensions Et = pq, then energies will become indefinite at instants, momenta indefinite at points, leading, as demanded, to (symmetric!) ΔEΔt = ΔpΔq ≥ h's. (shrink)
The classical response to Zeno’s paradoxes goes like this: ‘Motion cannot properly be defined within an instant. Only over a period’ (Vlastos.) I show that this ob-jection is exactly what it takes for Zeno to be right. If motion cannot be defined at an instant, even though the object is always moving at that instant, motion cannot be defined at all, for any longer period of time identical in content to that instant. The nonclassical response introduces discontinuity, to evade the (...) paradox of infinite proximity of any point of a distance with any ‘next’. But it introduces the wrong sort of discontinuity because, rather than assuming the discontinuity of motion, as Quantum Theory does, it assumes the discontinuity of space. Due then to the resulting spacetime disorder, though all else is certainly lost, the Tortoise now turns up at least as fast as Achilles and hence not even this much is rescued. Zeno rejects motion because he shows that a moving object must be where it is not. Hence motion, if to occur, must violate the Law of Contradiction (LNC). Applying the concept of quantum discontinuity, I produce an alternative. If an object is to move discontinuously between two boundary points, A and B, what actually obtains is, rather, that it is nowhere at all in-between A and B. And cannot therefore be at two places in-between A and B. And cannot therefore be where it is not. Thus, LNC is conserved. However, in these conditions, the Law of the Excluded Middle (LEM) fails. To mitigate the undesirability of this effect, I show that LEM fails because LNC holds. Thus, the resulting nonbivalent logic, which is also appropriate for quantized transitions of all kinds, will always turn up nonbivalent, because consistent. And this is not too bad, considering. (shrink)
The Energy-Time Uncertainty (ETU) has always been a problem-ridden relation, its problems stemming uniquely from the perplexing question of how to understand this mysterious Δ t . On the face of it (and, indeed, far deeper than that), we always know what time it is. Few theorists were ignorant of the fact that time in quantum mechanics is exogenously defined, in no ways intrinsically related to the system. Time in quantum theory is an independent parameter, which simply means independently known (...) . In the early 1960s Aharonov (1961-64) and Bohm (1961-64) mounted a spirited attack against the ETU, which sealed its fate to the present date. By emphasising that time is always “well-defined” in quantum theory, they were led to the conclusion that no ETU should exist, a view shared by many in the 1990s, if Busch (1990) is to be believed. In a similar vein, I emphasize that (a) physical systems occupy a particular energy state at a particular instant of time, if at all; (b) even in absence of all time-measuring instruments, it is still trivially warranted that one can measure a system's energy as accurately as one pleases, and simply announce “The system's energy is exactly E NOW!”, a possibility which no quantum mechanics of any sort, or any physical theory whatsoever, can afford to tamper with or change, except circularly. One never loses one's own perception of time, when one measures the energy, a fact which no measurement conceivable can interfere with or affect. Both (a) and (b) uniquely entail that energy and time are compatible, if not indeed intimately interconnected, contrary to what the relevant uncertainty seems to affirm. In response to Aharonov's and Bohm's initial problem, I reinterpret ΔEΔt ≥ h , as directly derived from authentic quantum principles, without however having to assume a direct incompatibility between its related concepts, attributing their complementarity to conditions other than ordinarily assumed. (shrink)
With Jean-Clet Martin's book, Une intrigue criminelle de la philosophie: lire la Phénoménologie de l'Esprit de Hegel, the latter emerges as a philosopher of (negative) difference and (infinite) repetition, one of the first to inject Being with becoming, in other words, as the brother-enemy that Deleuze had been waiting for and with whom he did establish complex relationships that cannot be conveniently summarized in his Nietzschean moment. In view of his novel and striking reading of Hegel, Martin is invited by (...) the interviewer to defend his suggestions that the negative and the dialectic need not turn into spoilers of the joys of Spinoza and the affirmations of Nietzsche; that Hegel's anti-humanism can be counted as a variation on Deleuze's own; that Hegel did anticipate Deleuze in the distinction between becoming and history and in the separation of the virtual event from the actual state of affairs; that Hegel's death of God ushers in, ahead of Nietzsche's Zarathustra, the death of man in the ‘overman’; and that, despite their infinite proximity, Hegel and Deleuze are separated by two incompatible images of thought that make the difference between them a difference of nature and not only a difference of degree. (shrink)
Human Biological Materials (HBMs) are an invaluable resource in biomedical research. Objective To determine if researchers and a Research Ethics Committee (REC) at a South African institution addressed ethical issues pertaining to HBMs in collaborative research with developed countries. Study Design Ethically approved retrospective cross-sectional descriptive audit. Results Of the 1305 protocols audited, 151 (11.57%) fulfilled the study's inclusion criteria. Compared to other developed countries, a majority of sponsors (90) were from the USA (p = 0.0001). The principle investigators (PIs) (...) in all 151 protocols informed the REC of their intent to store HBMs. Only 132 protocols informed research participants (P < 0.0001). In 148 protocols informed consent (IC) was obtained from research participants, 116 protocols (76.8%) solicited broad consent compared to specific consent (32; 21.2%) [p < 0.0001]. In 105 cases a code was used to maintain confidentiality. HBMs were anonymised in 14 protocols [p < 0.0001]. More protocols informed the REC (90) than the research participants (67) that HBMs would be exported (p = 0.011). Export permits (EPs) and Material Transfer Agreements (MTAs) were not available in 109 and 143 protocols, respectively. Conclusions Researchers and the REC did not adequately address the inter-related ethical and regulatory issues pertaining to HBMs. There was a lack of congruence between the ethical guidelines of developed countries and their actions which are central to the access to HBMs in collaborative research. HBMs may be leaving South Africa without EPs and MTAs during the process of international collaborative research. (shrink)
The question whether quantum discontinuity can or cannot provide an answer to Zeno’s Paradoxes is reopened. It is observed that what is usually understood by the term “discontinuity”, namely, Einstein’s conception of the photon as described by himself and all others, is unsuitable to the task because, essentially, it reduces to the trivial ‘discontinuity’ of objects scattered in space. By contrast, quantization of energy levels, which are not in space but can only alternate in time, provide the right sort of (...) discontinuity required. Discrete quantized orbits, corresponding to eigen-frequencies, are irreducible, and nothing is allowed to stand in-between them in satisfaction of the quantum postulate, furnishing the requisite, and so far missing, immediate nextness of a point to a certain other. ln this way, Zeno’s Runner need not postpone his first step indefinitely, always waiting upon an infinity of preceding steps, before it can be taken. There is now a point that is next to a point and so a step on that point, which is the first step. It follows that, if one kind of discontinuity, Einstein’s, is incapable of offerring an answer to Zeno, while another kind can, the two are discrepant. One of them, the former, is not a kind of discontinuity properly so called at all, though evidently the consequence of one. (shrink)
There are two antithetical classes of Paradoxes, The Runner and the Stadium, impregnated with infinite divisibility, which show that motion conflicts with the world, and which I call Static. And the Arrow, impregnated with nothing, which shows that motion conflicts with itself, and which I call Dynamic. The Arrow is stationary, because it cannot move at a point; or move, and be at more points than one at the same time, so being where it is not. Despite their contrast, however, (...) both groups can be evaded, if motion is conducted over discrete points: (a) If no two points touch, there will be a step ahead, for there will now be nextness. And (b) if they do not touch, “here” and “there” (=not–here) will no longer be sufficiently proximal to have the body be where it is not. They will be separate. So the body is only where it is. Hence, both groups, despite their contrast, presuppose, each in its own way, the infinite proximity of any point with anynext. But the Dynamic group cannot survive what it needs. Suppose that “here” and “not–here” (i.e., “there”), are not discrete but infinitely proximal. Then Rest also would be self-contradictory. And it gets worse. For it takes two to make a contradiction, in this case, “here,” “not–here,” and their proximity. But, with regard to conditions of infinite proximity, “in the end there can be only one” (point), and hence no contradiction in the first place. The Dynamic paradoxes rest on a premise with which they are inconsistent. They need two of this, of which, in a different but just as equally vital connection, there can be only one. On the force of this remark, the Dynamic paradoxes, initially the stronger of the lot, actually turn out to be the weaker. (shrink)