This study expands the application of deonance theory into organizations’ upper echelons by examining how CEOs imprinted with a sense of duty can influence managerial decision-making. We hypothesize an imprint of bounded autonomy, an ought-force that constrains their decision-making and understanding of behavioral freedom, influences duty-bound CEOs to self-report errors in past financial reporting. We test deonance theory propositions of instrumentality for behavioral expansion, namely loss avoidance and gain attainment, related to institutional ownership concentration and CEO equity ownership. We use (...) CEOs that are graduates of U.S. service academies as a proxy for duty-bound executives and find firms they lead are more likely to issue a financial restatement to correct a previous reporting error. This finding is robust to alternate explanations such as being error-prone, earnings management, auditor oversight, and risk behaviors. We also find evidence that deonance may be subject to behavioral expansion. The likelihood of issuing a restatement decreases as institutional ownership concentration and CEO equity ownership increases. This study shows imprinted deonance within the C-suite influences important organizational outcomes. (shrink)

Corporate governance scholarship focuses on executive malfeasance, specifically its antecedents and consequences. Academic efforts primarily focus on prevention while practitioners are often left to hold firms and executives (including directors) accountable through a variety of sanctions. Even so, executive malfea­sance still occurs even in the face of the vast resources used to monitor, control, and penalize firms and executives. In this paper, we posit equity markets do not adequately penalize firms for inaccurate earnings reports. Using a sample of 129 firms (...) identified by the U.S. General Accounting Office for reporting fraudulent earnings in 10K filings, we found support for our assertion. Consequently, the one party who may benefit but escape accountability is firm shareholders. Moreover, we find little empirical evidence that the subset of firms sanctioned by the SEC is penalized more heavily than the full sample by markets at the time they report and correct their 10K filings. Our results raise serious questions whether such mana­gerial opportunism can be eradicated given the apparent lack of consequences in equity markets for investors. We also question whether the SEC is able to discern between fraud and error in financial reporting and its implications. (shrink)

Corporate governance scholarship focuses on executive malfeasance, specifically its antecedents and consequences. Academic efforts primarily focus on prevention while practitioners are often left to hold firms and executives (including directors) accountable through a variety of sanctions. Even so, executive malfea­sance still occurs even in the face of the vast resources used to monitor, control, and penalize firms and executives. In this paper, we posit equity markets do not adequately penalize firms for inaccurate earnings reports. Using a sample of 129 firms (...) identified by the U.S. General Accounting Office for reporting fraudulent earnings in 10K filings, we found support for our assertion. Consequently, the one party who may benefit but escape accountability is firm shareholders. Moreover, we find little empirical evidence that the subset of firms sanctioned by the SEC is penalized more heavily than the full sample by markets at the time they report and correct their 10K filings. Our results raise serious questions whether such mana­gerial opportunism can be eradicated given the apparent lack of consequences in equity markets for investors. We also question whether the SEC is able to discern between fraud and error in financial reporting and its implications. (shrink)

This article examines three early writings of Hans L. Martensen, Søren Kierkegaard’s teacher and the target of his criticisms. The writings focus respectively on self-consciousness, mysticism, and freedom. They each make important claims about religion, and together they disclose the young Martensen’s systematic understanding of the epistemological, mystical, and moral-ethical dimensions of human experience as shaped by the representations of Christian faith and life. The analysis reveals an agile thinker, whose creative philosophical and theological ideas are the product of imaginative (...) speculation growing out of passionate religiosity. Some connections will be drawn from these essays to the writings of Søren Kierkegaard. (shrink)

This chapter describes the Danish church, with the focus centered primarily on its life during the years 1835 to 1855 when Søren Kierkegaard was productive. The beginnings of the church up to 1835 are briskly examined, and then contributions of Jacob Peter Mynster, Nicolai Frederik Severin Grundtvig, and Hans Lassen Martensen are delineated. These three figures have been chosen because of their importance both for the Danish church and for Kierkegaard. The chapter ends with a few comments on some creative (...) thinkers who find in Kierkegaard's critique a resource for critically reforming the church so that it might more appropriately serve its intended purpose. At points in the chapter, the analysis utilizes the Kierkegaardian categories of the objective and the subjective. (shrink)

The paper was read at a symposium in Eastern International Meeting of the American Academcy of Religion, Alfred, N.Y. April 16–17, 1993.

This chapter treats in roughly chronological order ten Lutheran theologians other than Rudolf Bultmann and Paul Tillich, who were examined in the previous chapter. All of these figures can be discussed in relation to their reception of Søren Kierkegaard's writings, even though the level of appropriation of Kierkegaard varies significantly. They include German national Lutheran theologians Karl Holl, Friedrich Gogarten, Paul Althaus, and Emanuel Hirsch, Scandinavian Lutheran theologians Anders Nygren, Knud Løgstrup, Regin Prenter, and Gustaf Wingren, and contemporary German Lutheran (...) theologians Wolfhart Pannenberg and Eberhard Jüngel. The chapter attempts to identify distinctive characteristics of each thinker and their connections to Kierkegaard. (shrink)

This volume examines the Kierkegaard-Martensen relationship, establishing ways in which the speculative theologian Martensen was a source for Kierkegaards thought. Kierkegaard's relationship with Martensen was multidimensional and volatile.

The second volume of Hegel’s Lectures on the Philosophy of Religion emphasizes the pulsating particularities that distinguish the religions of history from one another. This volume discloses Hegel’s philosophical theology to be an open system whose concepts, as Jon Stewart points out, are no mere abstractions but principles concretely instantiated in the real world. This article first reviews key analytical notions used in investigating religions, with the notion of freedom being the most important. Next are examined two models of the (...) God-world relation that have gained significant attention in the secondary literature on Hegel: pantheism, which affirms God as the substantial power in all things, and panentheism, which affirms all things as being in God. The essay’s final portion turns to a third model of the God-world relation, pantransentheism, which affirms that all things are being transformed in God. There I offer a very abbreviated gesture towards a Hegelian pantransentheism. (shrink)

The author identifies and discusses the most important elements of Étienne Gilson’s thought which emanate out of his articulation and defense of the Western Creed. To the question: why Gilson, why now?, the author offers a following answer: because we need to champion the Western Creed, defend philosophical realism, rightly interpret the history of philosophy, correctly comprehend Christian philosophy, and show that modernist and postmodernist systems are arbitrary. The author maintains that Gilson delivers us with the realist philosophy of the (...) human person, shows us the undeniable advantages of philosophical realism, and formulates an original notion of Christian philosophy which appreciates that genuine philosophy is non-systematic in its nature, and that it can expose the failure of modernist philosophies that strive to be systems. (shrink)

Many of the contributions offer personal reflections on those events and experiences that helped shape their response to the general issue of faith seeking understanding."--BOOK JACKET.

Inspired by the recovery of natural law and virtue ethics in recent ethical discourse, certain members of the American Maritain Association have written essays to stimulate this recovery further. Their efforts are assembled in this volume, Freedom, Virtue, and the Common Good. Writing under the influence of Jacques Maritain and Yves R. Simon, they herein examine the requirements of a satisfactory natural law and virtue ethics, broadly understood as a moral philosophy giving primacy to character-formation and to the development of (...) individual and social habits necessary to perfect human life. The ethics herein envisioned is one that must first be grounded in a sound philosophy of the human person. (shrink)

The underlying skepticism of ancient Greek culture made it unreceptive of philosophy. It was the Catholic Church that embraced philosophy. Still, Étienne Gilson reminds us in Reason and Revelation in the Middle Ages that some early Christians rejected philosophy. Their rejection was based on fideism: the view that faith alone provides knowledge. Philosophy is unnecessary and dangerous, fideists argue, because (1) anything known by reason can be better known by faith, and (2) reason, on account of the sin of pride, (...) seeks to replace faith. To support this twofold claim, fideists, like Tertullian and Tatian, quote St. Paul. However, a judicious interpretation of St. Paul’s remarks shows that he does not object to philosophy per se but to erroneous philosophy. This interpretation is reinforced by St. Paul’s own background in philosophy and by his willingness to engage intellectuals critical of Christianity in the public square. The challenge of fideism brings up the interesting question: what would Jesus himself say about the discipline of philosophy? Could it be that Jesus himself was a philosopher (as George Bush once declared)? As the fullness of wisdom and intelligence, Jesus certainly understood philosophy, although not in the conventional sense. But surely, interpreting his life through the lens of fideism is unconvincing. Instead, an appreciation of his innate philosophical skills serves better to understand important elements of his mission. His perfect grasp of how grace perfects nature includes a philosophy of the human person. This philosophy grounded in common-sense analysis of human experience enables Jesus to be a profound moral philosopher. Specifically, he is able to explain the principles of personal actualization. Relying on ordinary experience, where good philosophy must start, he narrates moral lessons—parables—that illumine difficulties regarding moral responsibility and virtue. These parables are accessible but profound, showing how moral understanding must transcend Pharisaical legalism. Additionally, Jesus’ native philosophical power shows in his ability to explain away doctrinal confusions and to expose sophistical traps set by his enemies. If fideism is unconvincing, and if the great examples of the Patristics, the Apostles, and Jesus himself show an affinity for philosophy, then it is necessary to conclude that Christianity is a rational religion. Accordingly, the history of Christian culture is arguably an adventure in faith and reason. Since God is truth and the author of all truths, there is nothing in reality that is incompatible with Christian teaching. As John Paul II explains effectively in the encyclical, Fides et Ratio, Christianity is a religion that is rational and can defend itself. This ability to marshal a defense makes Christianity a religion for all seasons. (shrink)

The underlying skepticism of ancient Greek culture made it unreceptive of philosophy. It was the Catholic Church that embraced philosophy. Still, Étienne Gilson reminds us in Reason and Revelation in the Middle Ages that some early Christians rejected philosophy. Their rejection was based on fideism: the view that faith alone provides knowledge. Philosophy is unnecessary and dangerous, fideists argue, because (1) anything known by reason can be better known by faith, and (2) reason, on account of the sin of pride, (...) seeks to replace faith. To support this twofold claim, fideists, like Tertullian and Tatian, quote St. Paul. However, a judicious interpretation of St. Paul’s remarks show that he does not object to philosophy per se but to erroneous philosophy. This interpretation is reinforced by St. Paul’s own background in philosophy and by his willingness to engage intellectuals critical of Christianity in the public square. The challenge of fideism brings up the interesting question: what would Jesus himself say about the discipline of philosophy? Could it be that Jesus himself was a philosopher (as George Bush once declared)? As the fullness of wisdom and intelligence, Jesus certainly understood philosophy, although not in the conventional sense. But surely, interpreting his life through the lens of fideism is unconvincing. Instead, an appreciation of his innate philosophical skills serves better to understand important elements of his mission. His perfect grasp of how grace perfects nature includes a philosophy of the human person. This philosophy grounded in common-sense analysis of human experience enables Jesus to be a profound moral philosopher. Specifically, he is able to explain the principles of personal actualization. Relying on ordinary experience, where good philosophy must start, he narrates moral lessons—parables—that illumine difficulties regarding moral responsibility and virtue. These parables are accessible but profound, showing how moral understanding must transcend Pharisaical legalism. Additionally, Jesus’ native philosophical power shows in his ability to explain away doctrinal confusions and to expose sophistical traps set by his enemies. If fideism is unconvincing, and if the great examples of the Patristics, the Apostles, and Jesus himself show an affinity for philosophy, then it is necessary to conclude that Christianity is a rational religion. Accordingly, the history of Christian culture is arguably an adventure in faith and reason. Since God is truth and the author of all truths, there is nothing in reality that is incompatible with Christian teaching. As John Paul II explains effectively in the encyclical, Fides et Ratio, Christianity is a religion that is rational and can defend itself. This ability to marshal a defense makes Christianity a religion for all seasons. (shrink)

Peter Redpath is a distinguished historian of philosophy. He believes that the best way to acquire a philosophical education is through the study of philosophy’s history. Because he is convinced that ideas have consequences, he holds that the history of philosophy illuminates important events in history. Philosophy is a necessary condition for sound education, which, in turn, is a necessary condition for cultural and political leadership. Hence, the way educators and leaders shape culture reflects the effects of philosophy on culture. (...) In light of this background, it is possible to discern in Redpath’s account of the history of philosophy a corresponding philosophy of history. This emerges as he explains how philosophers have produced changes in thinking that have profound consequences for the culture at large. Some of these changes, many of them significant, have been positive, but others have been disastrous. Much of Redpath’s philosophy of history diagnoses what went wrong in the history of philosophy so as to indicate why modern culture suffers considerable disorder. The good news is that Redpath’s philosophy of history prescribes ways to correct Western Civilization’s current malaise. (shrink)

This book contains a thorough and balanced series of dialogues introducing key topics in philosophy of religion, such as: the existence and nature of God, the ...

If contemporary philosophers of science could transcend the skepticism that seems to have become obligatory in modern epistemologies, they could restore a comprehensive vision of science that would be a boon to science and scientific education. Science is not mere knowledge. Science is knowledge of something that is necessary and universal because its causes are understood. This was Aristotle’s conception of science (epistēmē), a conception which includes knowledge of substances and the first ontological principles of things. St. Thomas Aquinas refined (...) this understanding of science in a way that, perhaps surprisingly, has escaped the notice of many Thomists, especially the way St. Thomas understands physical substance to be a generic universal grounding necessary relations for some of its accidents. The recovery of Aristotle’s and St. Thomas’s conception of science would in no way threaten contemporary empirical science. Instead, it would explain how empirical science complements the ontology of science. (shrink)

Something has gone seriously wrong with contemporary philosophy. Philosophy today has become a catalogue of competing alternative theories, each striving for internal consistency, but unable to accomplish anything more. Somehow, however, philosophy matters. When philosophy ails, so do all the other disciplines. They all depend on philosophy to demarcate and justify the various orders of knowledge. If philosophy can offer no justification for truth claims, there are only the words of those who enjoy status, credentials and power. In Cartesian Nightmare, (...) Peter Redpath explains how culture has reached this stage of crisis. In the opening chapter, he presents, in chilling…. (shrink)

Open peer commentary on the article “A Defence of Starmaking Constructivism: The Problem of Stuff” by Bin Liu. Abstract: I provide a brief account of key elements in Nelson Goodman’s starmaking constructivist philosophy and comment on Bin Liu’s defense of Goodman in the context of contemporary constructivist philosophy.

For readers looking for insights into key issues linking current Eastern and Western views on the arts, aesthetics, and philosophy, Unsettled Boundaries offers fresh and insightful perspectives on current issues as seen by leading Chinese and Western scholars. Represented in the volume are previously unpublished essays of Nöel Carroll, Garry Hagberg, Richard Shusterman, and Jason Wirth alongside writings of Chinese peers Gao Jianping, Peng Feng, Liu Yuedi, Wang Chunchen and Cheng Xiangzhan. The essays in this volume draw attention to evolving (...) cultural and philosophical connections linking the cultures of East and West, while taking note of important differences in the respective cultures. These connections draw upon both traditional Confucian ideas and Chinese Marxist-Leninist aesthetics as well as western pragmatism, somaesthetics, and Wittgenstein-based analytic philosophy. Alongside these philosophical currents, are reflections on issues linking globalization to contemporary Balinese, Chinese, and Japanese arts, by Curtis Carter, Stephen Davies, Garry Hagberg, and Mary Wiseman. (shrink)

The author reviews two symposia: 'The Video Arts: Demonstration and Discussion', The American Society for Aesthetics, New York City, 28 Oct. 1978, and 'The Aestheticians Look at Television', National Association of Education Broadcasters, Washington, D.C., 30 Oct. 1978. He also presents an evaluation of the current state of video art in terms of philosophical aesthetics. Furthermore, he attempts to make a clear distinction between television and video art. The differences cited include corporate studio efforts vs efforts of individual artists, commercial (...) vs artistic purpose and the substantial differences between production methods. Other issues considered are style, intimacy and narcissism. (shrink)