Recent scandals at Enron, WorldCom and Global Crossing have put the ethical spotlight on corporate malfeasance as never before. However, these are the situations in which management knew that they made the wrong choice. As professor Joseph Badaracco of Harvard Business School points out, the real ethical dilemmas arise when people must choose between right and right — where both choices can be justified, yet one must be chosen over the other. Whether or not to reprice stock options represents one (...) such ethical dilemma. Repricing can help exodus of talented employees and motivate them to improve firm performance. However, it alienates shareholders and other workers of the company who are left unprotected from the adverse economic consequences of a stock price decline.In this paper we examine the ethics and the economics of stock option repricing. We find that repricing runs counter to two key tenets of business ethics — distributive justice and ordinary decency. To examine the economics of repricing, we draw upon agency theory to identify situations where repricing has the potential to benefit shareholders. However, a survey of empirical research reveals that these benefits do not translate into reality. Repricing does not improve employee retention or firm performance. In addition, managers benefit by opportunistically timing the repricing. Due to weaknesses in corporate governance such as lack of independence and conflicts of interest, the current repricing practice seems to be at odds with the objective of shareholder wealth maximization, and at a more fundamental level, a violation of board's fiduciary duty to shareholders. We offer suggestions that mitigate the ethically undesirable effects of repricing in the wider context of prevailing corporate governance and regulatory environment. We believe that these suggestions, if properly implemented, can transform repricing from a greed-inspired evil to a valuable compensation tool to retain employees, boost their morale, and enhance stockholder wealth. (shrink)

Finance ethics have drawn increasing attention from both government regulators and academic researchers. This paper addresses the issue of insider trading ethics. Previous studies on insider trading ethics have failed to provide convincing arguments and consistent results. In particular, the arguments against insider trading are based primarily on moral and philosophical grounds and lack empirical rigor. This study intends to establish and examine the relationship between the ethical issue and economic issue of insider trading. We argue that the ethics of (...) insider trading is in essence an economic rather than a moral issue. It is so far not clear to what extent insider trading may increase or decrease shareholders wealth. Until then, we must take care to avoid over-regulating insider trading. (shrink)

Philip J. Ivanhoe's translation of Sun Tzu's _Art of War_ will be warmly embraced by students. His discussion in the Introduction about the text’s dating and authorship, as well as Chinese attitudes towards things military, is concise, informative, and up-to-date. The translation itself is a marvel--its language is simple and direct, making it immensely readable and clear.--Keith Knapp, is Westvaco Professor of National Security Studies, Department of History, The Citadel, The Military College of South Carolina.

Like Machiavelli's The Prince and the Japanese Book of Five Rings, Sun Tzu's The Art of War is as timely for business people today as it was for military strategists in ancient China. Written in China more than 2,000 years ago, Sun Tzu's classic The Art of War is the first known study of the planning and conduct of military operations. These terse, aphoristic essays are unsurpassed in comprehensiveness and depth of understanding, examining not only battlefield maneuvers, but also relevant (...) economic, political, and psychological factors. Indeed, the precepts outlined by Sun Tzu regularly applied outside the realm of military theory. It is read avidly by Japanese businessmen and was touted in the movie Wall Street as the corporate raider's bible. Providing a much-needed translation of this classic, Samuel Griffith has made this powerful and unique work even more relevant to the modern world. Including an explanatory introduction and selected commentaries on the work, this edition makes Sun Tzu's strategical and tactical principles accessible not only students of Chinese history competition. (shrink)

1. Huai hai yi tan ; Si shu jin yu -- 2. Zuo cui ti ping -- 3. Zhuang yi yao shan -- 4. Sun Shanfu du xue wen ji ; Xue kong jing she shi gao ; Lun xia xi guan shi zhu sheng xi wen ; You xin yao cao ; Ji yi ; Sun Ying'ao bei ke ji yi.

v. 1. Tan suo zhe dao lu de tan suo -- v. 2. Lukaqi yu Makesi -- v. 3. Makesi zhu yi zhe xue ji ben wen ti yan jiu -- v. 4. Makesi zhu yi zhe xue jing dian wen xian yan jiu.

本书内容涵盖执政党的政策与法律的关系,法的阶级性与社会性的关系,马克思主义关于法的概念和本质的基本原理,法是“理”与“力”的结合,法的作用与价值,民主与法制的关系,依法治国的治国方略以及对有关法学思潮 的评析等。.

v.1. zhe xue de mu guang -- v.2. shu ren de shi jie -- v.3. tan suo zhen shan mei -- v.4. chong gao de wei zhi -- v.5. zhe xue guan yan jiu -- v.6-7. bian zheng fa yan jiu -- v.8-9. zhe xue tong lun.

Huey P. Newton, founder of the Black Panther Party, is perhaps one of the most interesting and intriguing American intellectuals from the last half of the 20th century. Newton’s genius rested in his ability to amalgamate and synthesize others’ thinking, and then reinterpreting and making it relevant to the situation that existed in the United States in his time, particularly for African-Americans in the densely populated urban centers in the North and West. Newton saw himself continuing the Marxist-Leninist tradition (...) and one of the most important aspects of his thought was his reinterpretation of Marxist class structure. This paper presents Newton’s position that it is the urban poor—who Newton identifies with the lumpenproletariat—that act as the revolutionary class that will bring about a change in the socio-economic order. To that end, there is first a discussion of Newton’s view of the lumpenproletariat and how it differs from the traditional Marxist understanding. Then there is an explanation of the role of the vanguard and its relationship to the lumpenproletariat. The paper concludes with a comparison of Frantz Fanon’s and Newton’s understanding of the lumpenproletariat, and responds to the “problem of lumpenization” in the Black Panther Party. (shrink)

Huey P. Newton remains one the left’s intellectual enigmas. Although lauded for being the leader of the Black Panther Party, Newton is relatively unacknowledged as an intellectual. This article challenges the neglect of Newton’s thought by shedding light on his theory of empire, and the present-day value of returning to his thought. The article centres on how Newton’s critique of what he called ‘reactionary intercommunalism’ prefigures many of the elements found in the work of Hardt and Negri on empire. (...) This comparison will be used to show how Newton not only foresaw elements of the rise of contemporary neoliberal globalization, but also offered an idea of political solidarity and revolutionary politics for such a context. The article concludes by highlighting how Newton’s ideas about the need for a war of position based on ‘survival pending revolution’ presents a more theoretically and empirically salient conceptualization of resistance than his successors. (shrink)

Huey D. Johnson: Green Plans: Blueprint for a Sustainable Earth Content Type Journal Article Category Book Review Pages 1-4 DOI 10.1007/s10806-012-9388-9 Authors Devparna Roy, Polson Institute for Global Development, Department of Development Sociology, Cornell University, Ithaca, NY 14853, USA Journal Journal of Agricultural and Environmental Ethics Online ISSN 1573-322X Print ISSN 1187-7863.

The psychological and neurobiological processes underlying moral judgement have been the focus of many recent empirical studies1–11. Of central interest is whether emotions play a causal role in moral judgement, and, in parallel, how emotion-related areas of the brain contribute to moral judgement. Here we show that six patients with focal bilateral damage to the ventromedial prefrontal cortex (VMPC), a brain region necessary for the normal generation of emotions and, in particular, social emotions12–14, produce an abnor- mally ‘utilitarian’ pattern of (...) judgements on moral dilemmas that pit compelling considerations of aggregate welfare against highly emotionally aversive behaviours (for example, having to sacrifice one person’s life to save a number of other lives)7,8. In contrast, the VMPC patients’ judgements were normal in other classes of moral dilemmas. These findings indicate that, for a selective set of moral dilemmas, the VMPC is critical for normal judgements of right and wrong. The findings support a necessary role for emotion in the generation of those judgements. (shrink)

本书简要介绍了心理学一代宗师高觉敷先生的生活与工作经历,收录了对高觉敷先生的纪念文章和心理学思想研究文章,以及高觉敷先生的代表作精选.

为展示中国当代文艺学理论的总体实力和水平，集中体现当代中国文艺理论家的理论观点，供读者学习、研究，我社策划出版一套丛书，内容为中国当代文艺学大家的代表性理论思想及研究文章，以期对文艺学思想的创造性成果 进行总结，对文艺学的理论价值进行建构。本丛书共十册，拟于2019年整套推出。选定人员也是在这方面有突出成就的专家、学者，有钱谷融、童庆炳、徐中玉、钱中文、王元骧、陆贵山、李衍柱、孙绍振、刘再复和陈伯海 10人。.

Based on recordings of spontaneous speech of ethnically Chinese Singaporeans who have received an English-medium education, this is a study of the indigenized Singaporean variety of English.

The Black Panther Party was founded to bridge the radical theorizing that swept college campuses in the mid-1960s and the lumpen proletariat abandoned by the so-called ‘Great Society’. However, shortly thereafter, Newton began to harshly criticize the academic Left in general for their drive to find ‘a set of actions and a set of principles that are easy to identify and are absolute.’ This article reconstructs Newton’s critique of progressive movements grounded primarily in academic debates, as well as his conception (...) of vanguard political theory. Newton’s grasp of revolution as a gradual, open, and above all dialectical process, not only provides a corrective to many dominant academic accounts of the nature of progressive change but, more importantly, it also grounds an emancipatory philosophy that can direct collective struggle, precisely because it remains grounded in the imperfect and internally conflicted lives of those whose freedom is to be won through it. (shrink)

La 4e de couv. indique : "La destinée d'Éliane Amado Lévy-Valensi est unique. Cette philosophe, psychanalyste et intellectuelle juive a longtemps fait figure d'héroïne occultée d'une époque qu'elle a pourtant marquée de ses batailles avec ténacité, générosité et constance. Le cours de sa vie et ses engagements audacieux ont conditionné son œuvre et accompagné les soubresauts d'un XXe siècle fécond entre désespoir et espérances. Née en Provence au lendemain du Premier Conflit mondial dans une famille de Juifs séfarades assimilés, elle (...) subit la Shoah de plein fouet avant de céder au chant des sirènes du jeune Israël. Cet essai rend justice à la mémoire d'une femme libre et engagée, philosophe et psychanalyste, dont l'œuvre pluridisciplinaire mérite admiration et reconnaissance.". (shrink)

This article is a discussion of the rabble in the context of Hegel’s Philosophy of Right. The article will progress as follows: First, I present how Hegel discusses the formation of a rabble and consider Michael Allen’s and James Bohman’s arguments regarding the domination inherent in Hegel’s theory. Next, I critique Joel Anderson’s “Hegelian” solution to the problem of the rabble. Finally, I show that the rabble are precisely the “class” that Marx needs to bring about change in the organization (...) of society. Interestingly, there is a surprising similarity between Hegel’s discussion of the rabble and justified disobedience and the Marxism of Huey P. Newton. (shrink)

Ben shu tong guo li shi shang de yi ge ge xiao gu shi lai shuo li,Rang du zhe kan dao le yi ge zhong min ai min,Shou min ai dai de yan zi,Yi ge qin zheng lian jie,Chi shen li jie de yan zi,Yi ge chong shang jie jian,Fan dui she hua de yan zi.

Is the basis of criminality an act that causes harm, or an act undertaken with the belief that one will cause harm? The present study takes a cognitive neuroscience approach to investigating how information about an agent’s beliefs and an action’s conse- quences contribute to moral judgment. We build on prior devel- opmental evidence showing that these factors contribute differ- entially to the young child’s moral judgments coupled with neurobiological evidence suggesting a role for the right tem- poroparietal junction (RTPJ) (...) in belief attribution. Participants read vignettes in a 2 2 design: protagonists produced either a negative or neutral outcome based on the belief that they were causing the negative outcome (‘‘negative’’ belief) or the neutral outcome (‘‘neutral’’ belief). The RTPJ showed significant activation above baseline for all four conditions but was modulated by an interaction between belief and outcome. Specifically, the RTPJ response was highest for cases of attempted harm, where protag- onists were condemned for actions that they believed would cause harm to others, even though the harm did not occur. The results not only suggest a general role for belief attribution during moral judgment, but also add detail to our understanding of the inter- action between these processes at both the neural and behavioral levels. (shrink)

People disagree about whether “moral facts” are objective facts like mathematical truths (moral realism) or simply products of the human mind (moral antirealism). What is the impact of different meta-ethical views on actual behavior? In Experiment 1, a street canvasser, soliciting donations for a charitable organization dedicated to helping impoverished children, primed passersby with realism or antirealism. Participants primed with realism were twice as likely to be donors, compared to control participants and participants primed with antirealism. In Experiment 2, online (...) participants primed with realism as opposed to antirealism reported being willing to donate more money to a charity of their choice. Considering the existence of non-negotiable moral facts may have raised the stakes and motivated participants to behave better. These results therefore reveal the impact of meta-ethics on everyday decision-making: priming a belief in moral realism improved moral behavior. (shrink)

American Political Science Association Meeting, New Orleans, 1985. Belew, R. K. "E,volut,ioi1. Leariiing, and Culture: Computational Metaphors for Adaptive Algorithms? Complex Systems 4 (1990}: 11-49. Banner, J. T. The Evolution of Culture in Animals. Princeton, NJ: Princeton Univcrsitv Press. 1980.

This article aims to help readers to learn about health care related cultural and religious beliefs and spiritual needs in Chinese communities. The recall diary of a severe acute respiratory syndrome (SARS)-infected intern working in Hoping Hospital in Taiwan during the 2003 SARS epidemic is presented and used to assist in understanding one patient’s spiritual activities when personally confronted with this newly emerging infectious disease. The article also gives an overview of the 2003 SARS epidemic in Taiwan, and discusses people’s (...) general perceptions towards infectious diseases, their coping strategies concerning disease, and their spiritual beliefs, the psychological impact of the 2003 SARS outbreak in Chinese communities, Chinese myths about infectious disease, and the religious activities of a SARS-infected intern in Taiwan. Recommendations are given on how to achieve quality holistic nursing care. (shrink)

When we judge an action as morally right or wrong, we rely on our capacity to infer the actor's mental states. Here, we test the hypothesis that the right temporoparietal junction, an area involved in mental state reasoning, is necessary for making moral judgments. In two experiments, we used transcranial magnetic stimulation to disrupt neural activity in the RTPJ transiently before moral judgment and during moral judgment. In both experiments, TMS to the RTPJ led participants to rely less on the (...) actor's mental states. A particularly striking effect occurred for attempted harms : Relative to TMS to a control site, TMS to the RTPJ caused participants to judge attempted harms as less morally forbidden and more morally permissible. Thus, interfering with activity in the RTPJ disrupts the capacity to use mental states in moral judgment, especially in the case of attempted harms. (shrink)

When is hair "just hair" and when is it not "just hair"? Documenting the politics of African American women's hair, this multi-sited linguistic ethnography explores everyday interaction in beauty parlors, Internet discussions, comedy clubs, and other contexts to illuminate how and why hair matters in African American women's day-to-day experiences.

Studies of normal individuals reveal an asymmetry in the folk concept of intentional action: an action is more likely to be thought of as intentional when it is morally bad than when it is morally good. One interpretation of these results comes from the hypothesis that emotion plays a critical mediating role in the relationship between an action’s moral status and its intentional status. According to this hypothesis, the negative emotional response triggered by a morally bad action drives the attribution (...) of intent to the actor, or the judgment that the actor acted intentionally. We test this hypothesis by presenting cases of morally bad and morally good action to seven individuals with deficits in emotional processing resulting from damage to the ventromedial prefrontal cortex (VMPC). If normal emotional processing is necessary for the observed asymmetry, then individuals with VMPC lesions should show no asymmetry. Our results provide no support for this hypothesis: like normal individuals, those with VMPC lesions showed the same asymmetry, tending to judge that an action was intentional when it was morally bad but not when it was morally good. Based on this finding, we suggest that normal emotional processing is not responsible for the observed asymmetry of intentional attributions and thus does not mediate the relationship between an action’s moral status and its intentional status. (shrink)