Governing boards utilize executive compensation contracts in an attempt to align executive actions with corporate goals. The objective is to ensure that executive performance provides value to the organization in terms of successful outcomes. A key performance criteria typically specified in CEO compensation contracts is earnings targets. However, using earnings as a performance evaluation may be problematic because some firms exhibit robust and sustained earnings over time (high earnings persistence), and other firms, such as high growth oriented firms, exhibit weak (...) or sometimes negative earnings over time (low earnings persistence). Our study reveals that the effect of high earnings persistence results in firms that focus more heavily on cash compensation (salary and bonus) rather than on equity compensation (stock options, etc.) to compensate executive performance. Additionally, for firms characterized by low earnings persistence, our study indicates that cash flows from operations act as a supplementary performance measure to accounting earnings, and become increasingly important as a means to justify executive cash compensation. (shrink)
In this issue of Perspectives in Biology and Medicine, Schneiderman and colleagues critique a recent multi-society policy statement—developed by the American Thoracic Society and endorsed by four other organizations—entitled “Responding to Requests for Potentially Inappropriate Treatment in Intensive Care Units”. The focus of Schneiderman’s critique is the Multiorganization Policy Statement’s choice of the term “potentially inappropriate” to describe a class of interventions that clinicians should resist providing for patients near the end of life, even when patients or their families request (...) or demand them.1 Schneiderman and colleagues argue that the term... (shrink)
In one of the televised debates among Republican primary candidates for the 2012 U.S. presidential election, moderator Wolf Blitzer presented this hypothetical case to candidate Ron Paul:A healthy 30 year old young man has a good job, makes a good living, but decides — you know what — ‘I’m not going to spend 200 or 300 dollars a month for health insurance because I’m healthy, I don’t need it.’ But something terrible happens, all of a sudden he needs it. Who’s (...) going to pay if he goes into a coma?Paul, known for his libertarian views, initially responded that the patient “should assume responsibility for himself,” and that he should have purchased a major medical policy before he became ill. (shrink)
This new edition brings together the English translation of the renowned Plato scholar and translator, Seth Benardete, with two illuminating commentaries on it: Benardete's "On Plato's Symposium" and Allan Bloom's provocative essay, "The ...
Plato's Individuals is rich and rewarding. McCabe's reading will compel us to examine anew the presuppositions we bring to the enterprise of understanding Plato. Her devotion to showing that her thesis is found almost everywhere in the corpus is noteworthy. At times she also seems to strain to assimilate modern and Platonic concerns. If one can accept that Plato's tripartite soul goes over into something we might recognize as the problem of personal identity, it can only be because we are (...) writing off his devotion to reincarnation and transmigration. It is, however, McCabe's novel and energetic defense of individuation that deserves closest scrutiny. Here charges of anachronism and projection will be heard. (shrink)
The relationship between entrepreneurship and ethics has largely been characterized as antithetical. In this article we develop a conceptual model integrating pragmatism, a philosophical approach that emphasizes experimentation and action characteristic of entrepreneurial leadership, with ethics to suggest that the two are not incompatible and that sustaining entrepreneurial leadership for value creation necessitates ethical action to build legitimacy. Case studies from the United States and India highlight the necessity of infusing pragmatism with ethics for sustainable entrepreneurial leadership.
The story of Ashley, a nine-year-old from Seattle, has caused a good deal of controversy since it appeared in the Los Angeles Times on January 3, 2007.1 Ashley was born with a condition called static encephalopathy, a severe brain impairment that leaves her unable to walk, talk, eat, sit up, or roll over. According to her doctors, Ashley has reached, and will remain at, the developmental level of a three-month-old.
Results of a comprehensive simulation study are reported investigating the effects of sample size, test length, number of attributes and base rate of mastery on item parameter recovery and classification accuracy of four DCMs. Effects were evaluated using bias and RMSE computed between true parameters and estimated parameters. Effects of simulated factors on attribute assignment were also evaluated using the percentage of classification accuracy. More precise estimates of item parameters were obtained with larger sample size and longer test length. Recovery (...) of item parameters decreased as the number of attributes increased from three to five but base rate of mastery had a varying effect on the item recovery. Item parameter and classification accuracy were higher for DINA and DINO models. (shrink)
ABSTRACT It is often taken for granted that our desires can contribute to what it is rational for us to do. This paper examines an account of desire—the ‘guise of the good’— that promises an explanation of this datum. I argue that extant guise-of-the-good accounts fail to provide an adequate explanation of how a class of desires—basic desires—contributes to practical rationality. I develop an alternative guise-of-the-good account on which basic desires attune us to our reasons for action in virtue of (...) their biological function. This account emphasises the role of desire as part of our competence to recognise and respond to normative reasons. (shrink)
This “current controversies” contribution describes the recent case of a severely disabled six year old girl who has been subjected to a range of medical interventions at the request of her parents and with the permission of a hospital clinical ethics committee. The interventions prescribed have become known as “the Ashley treatment” and involve the performance of invasive medical procedures (eg, hysterectomy) and oestrogen treatment. A central aim of the treatment is to restrict the growth of the child and (...) thus make it easier for her parents to care for her at home. The paper below discusses the main objections to the treatment. It concludes that the most serious concern raised by the case is that it may set a worrying precedent if the moral principle employed in justification of the treatment is applied again to endorse it in similar circumstances. Finally, it raises the possibility that that same moral principle may even be invoked to justify more radical interventions than those that were actually performed in the Ashley treatment. (shrink)
As the price of oil climbs toward $100 a barrel, our impending post-fossil fuel future appears to offer two alternatives: a bleak existence defined by scarcity and sacrifice or one in which humanity places its faith in technological solutions with unforeseen consequences. Are there other ways to imagine life in an era that will be characterized by resource depletion? The French intellectual Georges Bataille saw energy as the basis of all human activity--the essence of the human--and he envisioned a society (...) that, instead of renouncing profligate spending, would embrace a more radical type of energy expenditure: la depense , or "spending without return." In Bataille's Peak , Allan Stoekl demonstrates how a close reading of Bataille--in the wake of Giordano Bruno and the Marquis de Sade-- can help us rethink not only energy and consumption, but also such related topics as the city, the body, eroticism, and religion. Through these cases, Stoekl identifies the differences between waste, which Bataille condemned, and expenditure, which he celebrated. The challenge of living in the twenty-first century, Stoekl argues, will be to comprehend--without recourse to austerity and self-denial--the inevitable and necessary shift from a civilization founded on waste to one based on Bataillean expenditure. Allan Stoekl is professor of French and comparative literature at Penn State University. He is the author of Agonies of the Intellectual: Commitment, Subjectivity, and the Performative in the Twentieth-Century French Tradition and translator of Bataille's Visions of Excess: Selected Writings, 1927-1939 (Minnesota, 1985). (shrink)
Following strict rules of interpretation, this book focuses on the ideas in Plato's early and middle dialogues that lie within the fields now called logic and methodology, specifically elenchus and dialectic and the method of hypothesis.
The rise of technology in controlling and performing legal processes has created a new digital legality, signalling a transformation of law from an analog paper-based interpretative activity to an autonomous system governed by the rigidity and speed of code. This emerging digital legality converts life and living to data to be processed and catalogued. This process is exemplified and normalised within video games making them important cultural artefacts through which to identify the features and anxieties of digital legality. While video (...) games have so far gone unrepresented in cultural legal theory, this article uses the iconic video game franchise of Super Mario to unlock the emerging features and anxieties of digital legality as involving rigidity, speed and the normalisation of self as data. (shrink)
What precisely does aristotle mean when he asserts that something is (or comes to be) "for" "the" "sake" "of" something? I suggest that the answer to this question may be found by examining aristotle's position on the problem of reduction in biology, As it arises within his own scientific "and" "philosophical" context. I discuss the role of the concepts of "nature" and "potential" in aristotelian scientific explanation, And reformulate the reduction problem in that light. I answer the main question by (...) establishing that aristotle holds an "irreducibility" thesis in regard to the generation and development of a living organism, And that this thesis is the core of his conception of final causality. I conclude by arguing that aristotle's teleology is fundamentally "empirical" in character, And not an a priori doctrine brought "to" the study of nature. (shrink)
Aristotle's biological works - constituting over 25% of his surviving corpus and for centuries largely unstudied by philosophically oriented scholars - have been the subject of an increasing amount of attention of late. This collection brings together some of the best work that has been done in this area, with the aim of exhibiting the contribution that close study of these treatises can make to the understanding of Aristotle's philosophy. The book is divided into four parts, each with an introduction (...) which places its essays in relation to each other and to the wider issues of the book as a whole. The first part is an overview of the relationship of Aristotle's biology to his philosophy; the other three each concentrate on a set of issues central to Aristotelian study - definition and demonstration; teleology and necessity in nature; and metaph themes such as the unity of matter and form and the nature of substance. (shrink)
Grice’s Razor is a principle of parsimony which states a preference for linguistic explanations in terms of conversational implicature, to explanations in terms of semantic context-dependence. Here I propose a Gricean theory of knowledge attributions, and contend on the basis of Grice’s Razor that it is superior to contextualism about ‘knows’.
This volume draws together Allan Gotthelf's pioneering work on Aristotle's biology. He examines Aristotle's natural teleology, the axiomatic structure of biological explanation, and the reliance on scientifically organized data in the three great works with which Aristotle laid the foundations of biological science.
This paper was presented at a session on "Three views of experiment: Atomic parity violations," in which Allan Franklin's study of an episode in the recent history of particle physics was discussed and criticized. Franklin argues in favor of what he calls "the evidence model," a general claim to the effect that physicists' theory choices are based on valid experimental evidence. He contrasts his position to that of the social constructivists, who, according to him, insist that social and cognitive (...) interests, and not the evidence, explains physicists' practical and theoretical judgments. My paper argues that Franklin miscasts the debate between experimental realism and social constructivism, because constructivists do not insist that evidence has no role whatsoever in experimental practice. My position draws lessons from Wittgenstein's later philosophy and ethnomethodological studies of scientific practices. The paper does not aim to support social constructivism against Franklin's arguments, so much as to suggest that the terms of the realist-constructivist debate provide a poor context for the examination of the temporal production of experiments and observations. (shrink)
SummaryThis paper reviews the literature examining the relationship between women’s empowerment and contraceptive use, unmet need for contraception and related family planning topics in developing countries. Searches were conducted using PubMed, Popline and Web of Science search engines in May 2013 to examine literature published between January 1990 and December 2012. Among the 46 articles included in the review, the majority were conducted in South Asia. Household decision-making and mobility were the most commonly examined domains of women’s empowerment. Findings show (...) that the relationship between empowerment and family planning is complex, with mixed positive and null associations. Consistently positive associations between empowerment and family planning outcomes were found for most family planning outcomes but those investigations represented fewer than two-fifths of the analyses. Current use of contraception was the most commonly studied family planning outcome, examined in more than half the analyses, but reviewed articles showed inconsistent findings. This review provides the first critical synthesis of the literature and assesses existing evidence between women’s empowerment and family planning use. (shrink)
The Dialectic of Essence offers a systematic new account of Plato's metaphysics. Allan Silverman argues that the best way to make sense of the metaphysics as a whole is to examine carefully what Plato says about ousia (essence) from the Meno through the middle period dialogues, the Phaedo and the Republic, and into several late dialogues including the Parmenides, the Sophist, the Philebus, and the Timaeus. This book focuses on three fundamental facets of the metaphysics: the theory of Forms; (...) the nature of particulars; and Plato's understanding of the nature of metaphysical inquiry. Silverman seeks to show how Plato conceives of "Being" as a unique way in which an essence is related to a Form. Conversely, partaking ("having") is the way in which a material particular is related to its properties: Particulars, thus, in an important sense lack essence. Additionally, the author closely analyzes Plato's idea that the relation between Forms and particulars is mediated by form-copies. Even when some late dialogues provide a richer account of particulars, Silverman maintains that particulars are still denied essence. Indeed, with the Timaeus's introduction of the receptacle, there are no particulars of the traditional variety. This book cogently demonstrates that when we understand that Plato's concern with essence lies at the root of his metaphysics, we are better equipped to find our way through the labyrinth of his dialogues and to better appreciate how they form a coherent theory. (shrink)
Michael Winkelman, who is a senior lecturer in the department of anthropology, Arizona State University, and director of its ethnographic field school, has provided a rich overview of the neurophenomenology of shamanism in his book, Shamanism: The Neural Ecology of Consciousness. Written in the tradition of Laughlin, McManus, and d'Aquili's 1992 classic, Brain, Symbol, and Experience: Toward a Neurophenomenology of Consciousness, Winkelman considers shamanism in many of its facets. He explores shamanism's social and symbolic content, and the implications of its (...) neurological underpinnings both for shamanic practitioners and for their clients. (shrink)
Jean-François Lyotard's work remains a largely untapped resource for film-philosophy. This article surveys four fundamental concepts which indicate the fecundity of this work for current studies and debates. While Lyotard was generally associated with the “theory” of the 1980s which privileged language, signs, and cultural representations, much of his work in fact resonates more strongly with the new materialisms and realisms currently taking centre stage. The concepts examined here indicate the relevance of Lyotard's work in four related contemporary contexts: the (...) renewed interest in the dispositif, new materialism, the affective turn, and speculative realism. The concept of the dispositif is being rehabilitated in the contemporary context because it shows a way beyond the limiting notion of mise en scène which has dominated approaches to film, and Lyotard's prevalent use of this concept feeds into this renewal. While matter is not an explicit theme in Lyotard's writings on film, it is nevertheless one at the heart of his aesthetics, and it may be extended for application to film. Affect was an important theme for Lyotard in many contexts, including his approaches to film, where it appears to subvert film's “seductive” effects. Finally, the Real emerges as a central concept in Lyotard's last essay on cinema, where, perhaps surprisingly, it intimates something close to a speculative realist aesthetics. Each of the fundamental concepts of Lyotard's film-philosophy are introduced in the context of the current fields and debates to which they are relevant, and are discussed with filmic examples, including Michael Snow's La Région centrale, Roberto Rossellini's Stromboli, Francis Ford Coppola's Apocalypse Now, and neo-realist cinema. (shrink)
In this collection of critical essays, Dominick LaCapra, with characteristic verve, takes on a variety of authors who have addressed issues relating to intellectual history, history generally, violence, trauma, and the relation between the human and the animal. LaCapra offers two types of criticism—of historians for ignoring or misappropriating theory, and of theorists for engaging in “theoreticism,” a theorizing that rides roughshod over historical specificity and context. The present essay focuses on LaCapra’s discussion of the theoreticism of the critical theorists (...) Giorgio Agamben, Eric L. Santner, and Slavoj Žižek, and in particular on their and LaCapra’s attempts to engage with the “issue of the postsecular.” Although Agamben, Santner, and Žižek highlight some important and provocative issues, this brand of critical theory provides too limited a base for coming to an understanding of current debates over the relation between religion and secular perspectives. Instead, one must approach “postsecularity” with attentiveness to the larger “secularization debate,” and to the way the term postsecular is used by such writers as Jürgen Habermas and John Milbank. LaCapra rightly draws attention to the recent emergence of a discourse of “the postsecular.” Both the term and the concept now cry out for a deeper, more critical, and more historical examination than has so far been attempted. (shrink)
Fin de siecle Vienna was once memorably described by Karl Kraus as a "proving ground for the destruction of the world." In the decades leading to the World War that brought down the Austro-Hungarian empire, the city was at once an operetta dream world masking social and political problems and tension, as well as a center for the far-reaching explorations and innovations in music, art, science, and philosophy that would help to define modernity. One of the most powerful critiques of (...) the retreat into fantasy was that of the philosopher Ludwig Wittgenstein, whose early career in Vienna has helped frame debates about ethical and aesthetic values in culture. In Wittgenstein's Vienna Revisited Allan Janik expands upon his work Wittgenstein's Vienna to amplify a number of significant points concerning the genesis of Wittgenstein's thought, the nature of Viennese culture, and criticism of contemporary culture. Although Wittgenstein is the central figure in this volume, Janik places considerable emphasis on other influential figures, both Viennese and non-Viennese, in order to break down some of the persistent stereotypes about the philosopher and his surrounding culture, especially the myths of "carefree" Vienna and Wittgenstein the positivist. The persistence of these myths, in Janik's view, stems in part from the inability of many historians to differentiate past from present in the evaluation of intellectual currents. Janik reviews a number of figures overlooked in assessing Wittgenstein: Otto Weininger, Kraus, Schoenberg, Nietzsche, Wagner, Ibsen, Offenbach, and Georg Trakl. All of these, Janik demonstrates, are absolutely necessary to understand what was at stake in the debates on aestheticism and the critique of a modern culture. Wittgenstein's efforts to recognize the limits of thought and language and thus to be fair to science, religion, and art account for his place of honor among critical modernists. These essays elucidate Wittgenstein's perspective on our culture. (shrink)