A generalized Schrödinger equation containing correction terms to classical kinetic energy, has been derived in the complex vector space by considering an extended particle structure in stochastic electrodynamics with spin. The correction terms are obtained by considering the internal complex structure of the particle which is a consequence of stochastic average of particle oscillations in the zeropoint field. Hence, the generalised Schrödinger equation may be called stochastic Schrödinger equation. It is found that the second order correction terms are similar to (...) corresponding relativistic corrections. When higher order correction terms are neglected, the stochastic Schrödinger equation reduces to normal Schrödinger equation. It is found that the Schrödinger equation contains an internal structure in disguise and that can be revealed in the form of internal kinetic energy. The internal kinetic energy is found to be equal to the quantum potential obtained in the Madelung fluid theory or Bohm statistical theory. In the rest frame of the particle, the stochastic Schrödinger equation reduces to a Dirac type equation and its Lorentz boost gives the Dirac equation. Finally, the relativistic Klein–Gordon equation is derived by squaring the stochastic Schrödinger equation. The theory elucidates a logical understanding of classical approach to quantum mechanical foundations. (shrink)

Elementary particles are considered as local oscillators under the influence of zeropoint fields. Such oscillatory behavior of the particles leads to the deviations in their path of motion. The oscillations of the particle in general may be considered as complex rotations in complex vector space. The local particle harmonic oscillator is analyzed in the complex vector formalism considering the algebra of complex vectors. The particle spin is viewed as zeropoint angular momentum represented by a bivector. It has been shown that (...) the particle spin plays an important role in the kinematical intrinsic or local motion of the particle. From the complex vector formalism of harmonic oscillator, for the first time, a relation between mass $m$ and bivector spin $S$ has been derived in the form $\varvec{\sigma }_3 mc^2{\mathcal {J}}_{\pm } =\lambda \Omega _{\mathbf{s}} \cdot \mathrm{{S}} {\mathcal {J}}_{\pm }$ . Where, $\Omega _{s}$ is the angular velocity bivector of complex rotations, $c$ is the velocity of light. The unit vector $\varvec{\sigma }_3$ acts as an operator on the idempotents ${\mathcal {J}}_{+}$ and ${\mathcal {J}}_{-}$ to give the eigen values $\lambda =\pm 1.$ The constant $\lambda $ represents two fold nature of the equation corresponding to particle and antiparticle states. Further the above relation shows that the mass of the particle may be interpreted as a local spatial complex rotation in the rest frame. This gives an insight into the nature of fundamental particles. When a particle is observed from an arbitrary frame of reference, it has been shown that the spatial complex rotation dictates the relativistic particle motion. The mathematical structure of complex vectors in space and spacetime is developed. (shrink)

Stakeholder theory provides a framework for investigating the relationship between corporate social performance (CSP) and corporate financial performance. This relationship is investigated by examining how change in CSP is related to change in financial accounting measures. The findings provide some support for a tenet in stakeholder theory which asserts that the dominant stakeholder group, shareholders, financially benefit when management meets the demands of multiple stakeholders. Specifically, change in CSP was positively associated with growth in sales for the current and subsequent (...) year. This indicates that there are short-term benefits from improving CSP. Return on sales was significantly positively related to change in CSP for the third financial period, indicating that long-term financial benefits may exist when CSP is improved. (shrink)