We study the impact of social capital and perceptions about corporate ethical behaviour on the use of collateral in corporate borrowing. Using a dataset of more than 17,500 firms operating in over 100 transition and developing countries, we find evidence that country-level social capital and better perceptions about corporate ethical behaviour are negatively associated with the likelihood to pledge collateral. In addition, these country-level characteristics influence the value of collateral relative to the loan value.

We study the impact of social capital and perceptions about corporate ethical behaviour on the use of collateral in corporate borrowing. Using a dataset of more than 17,500 firms operating in over 100 transition and developing countries, we find evidence that country-level social capital and better perceptions about corporate ethical behaviour are negatively associated with the likelihood to pledge collateral. In addition, these country-level characteristics influence the value of collateral relative to the loan value.

The philosophical thought of Nicolas Malebranche (1638-1713) does not constitute two aspects of a spirit or a man that is that of the man of God and that of the man of letters. Malebranche, as a successor of Descartes in the history of European philosophy, although God is not the wise for him but He is wisdom and science Himself. For Malebrache, God is the reason of the world. God, as a substantial source, is able to create the ideas of (...) the spirit of man and motivate his body. However, there is an archetypal idea of soul which comes in front of the body. According to the mentioned metaphysical definition, God is not doubtable in soul which is related to his Word. Malebranche introduces a rationalism emerging the mathematical values to provide an accurate and justifiable idea for Godbecause the continuous search of truth within sciences and our fear of a false existence can find answers in the system of arithmetic and algebra. Therefore, Malebranche’s thought constitutes “an intellectual mystic” denoting the connection of logic and belief. (shrink)

An enduring ethical dispute accompanies prenatal screening and testing (PST) technologies. This ethical debate focuses on notions of reproductive choice. On one side of the dispute are those who have supported PST as a way to empower women’s reproductive choice, while on the other side are those who argue that PST, particularly when made a routine part of prenatal care, limits deliberate choice. Empirical research does not resolve this ethical debate with evidence both of women for whom PST enhances their (...) choices but also persistent evidence of recurrent problems between PST and women’s autonomous decision-making. While there have been attempts to remove challenges to reproductive choice, it has been argued that these challenges cannot be removed entirely. In this paper I provide a historical review of PST technologies’ development and in doing so provide a detailed insight into the root causes of this tension between the opposing sides of this debate. This historical account provides evidence that those who championed the early use of these technologies did so in order to achieve a number of wholly different goals other than women’s choice and empowerment. These different aims focus on scientific discovery and eugenic goals and, I argue, areirreconcilablewith women’s choice and empowerment. It thus may not be surprising that the resulting practice of PST continues to resist compatibility with women’s choice and empowerment. Ultimately, by understanding the historical foundations of PST we can more effectively assess how toreconcilewomen’s reproductive autonomy with routine prenatal screening. (shrink)

This investigation focuses on analysing one-sided laughter in academic presentations — a form of ‘institutional talk’ defined here as goal-oriented talk about and for the business at hand, and given at structural settings of certain formality as the lecture theatre in this case. The analytical tool employed is a partial adoption of Partington’s laughter classification/categorization drawing on the theories of ‘Politeness’ and ‘Face’. This is a rather new approach which, nonetheless, contributes positively to the field of laughter analysis since these (...) theories are ‘much less examined in relationship to institutional settings’. The data analysed for this purpose is David Nunan’s presentation entitled ‘Action Research and Professional Growth’, given at the JALT First Joint Conference in Japan. The findings suggest that one-sided laughter is a communication strategy of mainly rhetorical nature capable of revealing the underlying meaning of the interaction: its hidden ideology, purpose and goal. (shrink)

This essay explores the educational significance of two cinematic narratives: Il Postino and Take the Lead. Given that these two movies are about the moral power of art as such, the main focus will be on how the different arts with which these movies deal provide their own distinctive insights into significant areas of human moral experience; more specifically, these films aim to explore the distinctive artistic contribution of poetry and dance to the human moral condition. This essay aims not (...) only to draw attention to the two films discussed but also to suggest a new approach to teaching about these and other artworks in schools and other educational contexts."Poetry doesn't belong to those who write it; it.. (shrink)

Empirical data can be an extremely powerful and influential tool in bioethical research. However, when researchers or policy makers look for answers to ethical questions by engaging with empirical research, there can be a tendency (conscious or unconscious) to shape, report, and use empirical research in a way that confirms their own preferred ethical conclusions. This skewing effect - what we call ‘normative bias’ - is often so subtle it falls short of clear misconduct and thus can be difficult to (...) call out. However, we argue that this subtle influence of bias has the potential to significantly influence debate and policy around highly sensitive ethical issues and must be guarded against. In this paper we share the lessons we have learned through a journey of self-reflection around the effect that normative bias can have when reporting on and referring to empirical data relating to ethical issues. We use a variety of papers from our area of the ethics of routine prenatal screening to illustrate these subtle but often powerfully distorting effects of bias. Our aim in doing so is not to criticise the work of others, as we recognise our own normative bias, but to improve awareness of this issue, remind the need for reflexivity to guard against our own biases, and introduce a new criterion - the idea of a ‘limitation prominence assessment’ - that can work as a practical way to evaluate the seriousness of the limitations of an empirical study and thus, the risks of the study being misread or misinterpreted through superficial reading. (shrink)

Egg freezing can allow women to preserve their eggs to avoid age-related infertility. The UK's recent extension of elective egg freezing storage has been welcomed as a way of enhancing the reproductive choices of young women who wish to delay having children. In this paper, I explore the issue of enhancing women’s reproductive choices, questioning whether there is a more significant aspect overlooked in egg freezing. While increasing storage limits expands reproductive choices for some women, focus on this extension alone, (...) I argue, misses a fundamental issue with egg preservation that often remains ignored; the importance of effective information on egg freezing and the effect this has on women’s reproductive choices. Ultimately, I highlight the crucial role of balanced information in enhancing women’s choices regarding egg freezing and argue that focusing on extending and increasing provision may obscure this real opportunity to empower women and their authentic reproductive choices. (shrink)

ABSTRACTIn this article I offer a critical analysis of the spatial cultures of modern Athens through the urban portraits presented in three fictive stories by Vangelis Raptopoulos—“At the Bottom of...

Our study examines the expression and position of subjects in L2 acquisition, two phenomena that are studied within the framework of the Interface Hypothesis. The first version of the IH predicts that interface properties involving syntax and another cognitive domain may not be fully acquirable in a second language. The second version of the IH predicts that formal properties involving the syntax-semantics interface are unproblematic to acquire in L2 grammars compared to the vulnerable properties integrating syntax with the higher level (...) of pragmatics. We test these IH versions in L2 Spanish as acquired by L1 Greek speakers, a language combination understudied in the literature. Both languages share the null subject parameter, but still the IHs predict incomplete command at the syntax-pragmatics interface. Two acceptability judgment tasks were designed for Spanish: the first task tested null/overt subjects in referential contexts and the second task tested preverbal/postverbal subjects in informational contexts. Participants were L1 Greek intermediate and advanced learners of Spanish and native speakers of Spanish. In the first task, both experimental groups showed target-like distribution of null/overt subjects in most non-contrastive and contrastive contexts, except for the advanced group in unambiguous referential contexts. In the second task, the respective groups accepted felicitous preverbal subjects with unergative verbs, but diverged from native-like distribution of postverbal subjects with unaccusative verbs in neutral contexts. The L2 groups showed a high preference for unfelicitous preverbal subjects with both intransitive verbs in informational contexts, contrary to the subject inversion patterns of the control group. The results obtained were not consistent with the IH predictions, and other factors such as the type of subject, verb class and context played a role in L2 performance. (shrink)

Aesopic fables constitute an important case in folk and popular literature. This genre went through various stages of development; its plasticity, pedagogical dimension, and mainly its ability to convey messages through an indirect and pleasant way prompted many to take interest in it, reading, adapting, or even creating new fables. As a result, fables became a favorite topic in literature and, especially, children's literature through many and various adaptations, translations, and metanarratives. In this paper, considering fables as an early form (...) of utopic/dystopic discourse, we aim to demonstrate some cases of such references through examples taken from the corpus of Aesopic fables. (shrink)

Hermias of Alexandria wrote down the lectures given on the Phaedrus by his teacher Syrianus, Head of the Neoplatonic School of Athens. In the preserved text the Platonic distinction of madness is presented in a Neoplatonic way. In the first section of the article we discuss Hermias’ treatment of possession. The philosopher examines four topics in his effort to present a Neoplatonic doctrine concerning possession. As he holds that divine possession is evident in all parts of the soul, he first (...) argues that it is primarily applied to the one-in-the-soul. Secondly, he explains that possession is also applied to reason, opinion, imagination, thymos and desire, all the above being distinctive parts of the human soul, but not as important as the one-in-the-soul. The third issue he discusses is whether all causes of possession are identical to the divine. Then, Hermias examines the fact that possession is to be traced not only in the human soul but also in the statues. In the second section of the article Hermias’ analysis of the four kinds of Platonic madness is presented. The philosopher first analyzes the interdependence between all four divine kinds of madness and then describes their function on two levels, inside and outside the soul. The function within the soul is richer and is realized in four fields: the restoration of the soul after its fall, the restoration of the human being as a whole, the Pythagorean mathematical system and the logic processes. The function outside the soul deals with the manifestations of the soul in human society. Under this perspective, Hermias clearly proposes an original classification of the kinds of madness, on the basis of which we encounter poetic madness. After that follow the madness of the seer, the telestic madness, and the madness of love. The whole analysis incorporates Platonic, Aristotelian, Pythagorean and theurgic elements that cover the fields of psychology, logic and metaphysics. (shrink)

_Studies in Hermias’ Commentary on Plato’s_ Phaedrus is a collection of twelve essays that consider aspects of Hermias’ philosophy, including his notions of the soul, logic, and method of exegesis.