This article analyzes the relationship between corporate social responsibility (CSR) decoupling and financial market outcomes. CSR decoupling refers to the gap between CSR disclosure and CSR performance. More specifically, we analyze the effect of CSR decoupling on analysts’ forecast errors, cost of capital, and access to finance. We also examine the moderating effect of forecast errors on relationships between CSR decoupling and cost of capital and access to finance. For a sample of U.S. firms consisting of 7,681 firm-year observations for (...) the period 2006–2015, our empirical evidence supports the idea that a wider gap results in higher analysts’ forecast errors, a greater cost of capital, and reduced access to finance. In addition, our results show that forecast errors enhance the effect of the CSR decoupling on cost of capital and access to financial resources. We also note that external monitoring, in the form of greater analysts’ coverage, reduces CSR decoupling. (shrink)

Suppose we grant that evolutionary forces have had a profound effect on the contours of our normative judgments and intuitions. Can we conclude anything from this about the correct metaethical theory? I argue that, for the most part, we cannot. Focusing my attention on Sharon Street’s justly famous argument that the evolutionary origins of our normative judgments and intuitions cause insuperable epistemological difficulties for a metaethical view she calls "normative realism," I argue that there are two largely independent lines of (...) argument in Street’s work which need to be teased apart. The first of these involves a genuine appeal to evolutionary considerations, but it can fairly easily be met by her opponents. The second line of argument is more troubling; it raises a significant problem, one of the most difficult in all of philosophy, namely how to justify our reliance on our most basic cognitive faculties without relying on those same faculties in a question-begging manner. However, evolutionary considerations add little to this old problem, and rejecting normative realism is not a way to solve it. (shrink)

The linchpin of Williamson (2000)'s radically externalist epistemological program is an argument for the claim that no non-trivial condition is luminous—that no non-trivial condition is such that whenever it obtains, one is in a position to know that it obtains. I argue that Williamson's anti-luminosity argument succeeds only if one assumes that, even in the limit of ideal reflection, the obtaining of the condition in question and one's beliefs about that condition can be radically disjoint from one another. However, no (...) self-respecting defender of the luminosity of the mental would ever make such an assumption. Thus Williamson can only secure his controversial claims in epistemology by taking for granted certain equally controversial claims in the philosophy of mind. What emerges is that the best bet for defending an internalist epistemology against Williamson's attack is to take there to be a tight, intimate connection between (to take one example) our experiences and our beliefs upon reflection about the obtaining of those experiences, or between (to take another example) the rationality of our beliefs and our beliefs upon reflection about the rationality of those beliefs. (shrink)

Quasi-realists aim to account for many of the trappings of metanormative realism within an expressivist framework. Chief among these is the realist way of responding to the Euthyphro dilemma: quasi-realists want to join realists in being able to say, "It’s not the case that kicking dogs is wrong because we disapprove of it. Rather, we disapprove of kicking dogs because it’s wrong." However, the standard quasi-realist way of explaining what we are up to when we assert the first of these (...) two sentences rests on a mistaken identification of metaphysical dependence (or grounding) with counterfactual covariation. This chapter proposes a better way for expressivists to understand such sentences, on which they serve to express complex states of mind in which an attitude bears a relation of psychological dependence (or basing) to another state of mind. It is argued that this proposal is a natural, versatile, and fruitful approach for expressivists to take that helps them secure the first half of the Euthyphro contrast—but at the cost of making it difficult to see how expressivists can make sense of that contrast’s second half. (shrink)

I argue—contra moderate grounding pluralists such as Kit Fine and more extreme grounding pluralists such as Jessica Wilson—that there is fundamentally only one grounding/in-virtue-of relation. I also argue that this single relation is indispensable for normative theorizing—that we can’t make sense of, for example, the debate over consequentialism without it. It follows from what I argue that there is no metaethically-pure normative ethics.

When it comes to epistemic normativity, should we take the good to be prior to the right? That is, should we ground facts about what we ought and ought not believe on a given occasion in facts about the value of being in certain cognitive states (such as, for example, the value of having true beliefs)? The overwhelming answer among contemporary epistemologists is “Yes, we should.” This essay argues to the contrary. Just as taking the good to be prior to (...) the right in ethics often leads one to sanction implausible trade-offs when determining what an agent should do, so too, this essay argues, taking the good to be prior to the right in epistemology leads one to sanction implausible trade-offs when determining what a subject should believe. Epistemic value—and, by extension, epistemic goals—are not the explanatory foundation upon which all other normative notions in epistemology rest. (shrink)

I argue that Alvin Goldman has failed to save process reliabilism from my critique in earlier work of consequentialist or teleological epistemic theories. First, Goldman misconstrues the nature of my challenge: two of the cases he discusses I never claimed to be counterexamples to process reliabilism. Second, Goldman’s reply to the type of case I actually claimed to be a counterexample to process reliabilism is unsuccessful. He proposes a variety of responses, but all of them either feature an implausible restriction (...) on process types, or fail to rule out cases with the sort of structure that generates the worry, or both. (shrink)

It has been claimed that the recent wave of neuroscientific research into the physiological underpinnings of our moral intuitions has normative implications. In particular, it has been claimed that this research discredits our deontological intuitions about cases, without discrediting our consequentialist intuitions about cases. In this paper I demur. I argue that such attempts to extract normative conclusions from neuroscientific research face a fundamental dilemma: either they focus on the emotional or evolved nature of the psychological processes underlying deontological intuitions, (...) in which case the arguments rely on a blatantly fallacious inference, or they appeal to the (alleged) moral irrelevance of the factors to which deontological intuitions respond, in which case the neuroscientific results end up playing no role in the overall argument. (shrink)

A quasi-sequel to "Epistemic Teleology and the Separateness of Propositions." Covers some of the same ground, but also extends the basic argument in an important way.

The question as to what makes something “fake” is not an ordinary one. It bears traces of the very beginning of philosophy, where Plato faced the need to discern between the true and the false clai...

Are there practical reasons for and against belief? For example, do the practical benefits to oneself or others of holding a certain belief count in favor of that belief? I argue "No." My argument involves considering how practical reasons for belief, if there were such things, would combine with other reasons for belief in order to determine all-things-considered verdicts, especially in cases involving equally balanced reasons of either a practical or an epistemic sort.

Moral properties are explained by other properties. And moral principles tell us about moral properties. How are these two ideas related? In particular, is the truth of a given moral principle part of what explains why a given action has a given moral property? I argue “No.” If moral principles are merely concerned with the extension of moral properties across all possible worlds, then they cannot be partial explainers of facts about the instantiation of those properties, since in general necessitation (...) does not suffice for explanation. And if moral principles are themselves about what explains the moral properties under their purview, then by their own lights they are not needed in order to explain those moral properties’ instantiation—unless, that is, the principles exhibit an objectionable form of metaphysical circularity. So moral principles cannot explain why individual actions have moral properties. Nor, I also argue, can they explain why certain other factors explain why those actions have the moral properties that they do, or in some other way govern or mediate such first-order explanations of particular moral facts. When it comes to the explanation of an individual action’s specific moral features, moral principles are explanatorily idle. (shrink)

After summarizing the essential details of Anil Gupta’s account of perceptual justification in his book _Empiricism and Experience_, I argue for three claims: (1) Gupta’s proposal is closer to rationalism than advertised; (2) there is a major lacuna in Gupta’s account of how convergence in light of experience yields absolute entitlements to form beliefs; and (3) Gupta has not adequately explained how ordinary courses of experience can lead to convergence on a commonsense view of the world.

Guilt and fear today have developed an unexpected quality: they contribute powerfully to the survival of humanity. The feeling of guilt proceeds from an elementary awareness: although the unequaled progress of science and technology in the twentieth century has undoubtedly ameliorated the conditions of human life, it also has given rise to an infernal logic of genocide and crimes against humanity, in which almost all nations, directly or indirectly, have participated and participate still. This awareness is joined to another, which (...) is itself accompanied by a primordial fear: for the first time in history, science and technology have endowed humanity with the power to destroy itself and the planet, without furnishing humans with the means of escaping their destined role as sorcerer's apprentice, for no science can tell us what to do with science. It is this double feeling of guilt and fear that pushes contemporary man to search feverishly for ethical foundations capable of furnishing discreet regulatory principles to underpin decisions and actions. From the point of view of contemporary humanity, ethics must be able to confer meaning and perspective on an existence which apparently has neither: “Now,” writes Hans Jonas, “we shiver in the nakedness of nihilism in which near-omnipotence is paired with near-emptiness, greatest capacity with knowing least for what ends to use it.”. (shrink)

Ten years ago, an issue of the journal L'Homme et la Société was entitled “La Mode des identités.” Most of the articles were about cultural identity, but the basic thrust of the work was “a critique of the ‘fashion’ of identity calling into question the validity of a notion as striking as it is uncertain.” Recently, a special issue of the journal Sciences Humaines, entitled “Identité et identités,” dealt with personal, familial, social, professional identities and only spoke of cultural identity (...) marginally and in a roundabout way. Finally, in a manual of Sociologie politique published by the Presses Universitaires de France, the author takes to task the notion of ethnicity inherent to cultural identity and pushes the critique of the ethnic group to the point of negating its objective existence. Must we think then that the notion of cultural identity is henceforth obsolete, that it has lost all pertinence? (shrink)

Once upon a time, coherentism was the dominant response to the regress problem in epistemology, but in recent decades the view has fallen into disrepute: now almost everyone is a foundationalist (with a few infinitists sprinkled here and there). In this paper, I sketch a new way of thinking about coherentism, and show how it avoids many of the problems often thought fatal for the view, including the isolation objection, worries over circularity, and concerns that the concept of coherence is (...) too vague or metaphorical for serious theoretical use. The key to my approach is to take a familiar tool from discussions of the regress problem -- namely, directed graphs depicting the support relations between beliefs -- and to use that tool in a more sophisticated manner than it is standardly employed. (shrink)

Moral particularists argue that because reasons for action are irreducibly context-dependent, the traditional quest in ethics for true and exceptionless moral principles is hopelessly misguided. In making this claim, particularists assume a general framework according to which reasons are the ground floor normative units undergirding all other normative properties and relations. They then argue that there is no cashing out in finite terms either (i) when a given non-normative feature gives rise to a reason for or against action, or (ii) (...) how the reasons that are present in a given context play off each other to determine one’s overall duties. However, the conjunction of these two theses leaves particularists without a coherent notion of a reason for action: posit too much irreducible context-dependence in the behavior of reasons, and the reasons-based framework breaks down. One upshot is that the particularists’ challenge to principle-based approaches to ethics has not, at present, been successfully made out; another upshot is that perhaps the best way to formulate that challenge involves renouncing the reasons-based framework all together. (shrink)

Mostly consists of works composed in Tibetan, with translations into Mongolian, on the Soyombo script.

This paper will revitalize the notion of force in Sartre’s phenomenology by reinterpreting thrown-projection as propulsion. From there, Sartre’s analysis of agency will be explored as regards the constitutive moments pertaining to the dynamics of striving. We will see that such striving relates to Deleuze’s ideas on how bodily forces take consciousness into possession. In the final steps of the analysis, it will turn out that freedom is dependent on a rupture that emerges from self-determination of consciousness, which is itself (...) not of the order of freedom. (shrink)

Different kinds of fakery and imposture can be differentiated by means of the imaginary regimes within which a performative simulation unfolds. Engaging with Sartre’s analysis of the imaginary, we will identify three such regimes, calling them the objective, the reflective, and the phantasmatic. Each of these regimes involves its own kind of image and accordingly a specific type of simulation. It is proper to the objective image to attain dissimulation of the self by replacing the real with fiction. In the (...) reflective regime, the real is not substituted by the imaginary, but rather contaminated by it. Finally, whereas the objective and the reflective regimes operate within the sphere of intentional simulation, the phantasmatic image carries us beyond Sartre’s findings, as it shapes the very structure of pre-reflective disclosedness which provides the background for our projects. (shrink)

Whenever we think of impostors, we tend to think of liars. Yet impostures cannot be phenomenologically reduced to lies. Every lie presupposes a distinction between true and false, and it operates through a negation of reality, presenting falsity as truth and vice versa. An imposture, on the other hand, seeks to erase the distinction between true and false altogether. An impostor constructs a fiction that aims at substituting reality. In this process, an entire network of lies is put to work (...) in order to attain the ontological status of the real. This results in a dynamic that deprives truths of their authority, while making untruths highly potent in terms of their capacity to produce effects. (shrink)

We introduce crossed modules in cycloids, as a generalization of cycloids, which are algebraic logical structures arising in the context of the quantum Yang–Baxter equation. As a spacial case, we in particular focus on the crossed modules of $L-$algebras. These types of crossed modules are exceptional, since the category of $L-$algebras is not protomodular, nor Barr-exact, but it nevertheless has natural semidirect products that have not been described in category theoretic terms. We identify crossed ideals of crossed module in $L-$algebras, (...) and obtain some characteristics of these objects that are normally not encountered on crossed modules of groups or algebras. As a consequence, we characterize crossed self-similarity completely in terms of properties of $L-$algebras and the boundary map forming the crossed module. (shrink)

On Western philosophy from the point of view of Burmese philosophers.

The use of ensemble learning, deep learning, and effective document representation methods is currently some of the most common trends to improve the overall accuracy of a text classification/categorization system. Ensemble learning is an approach to raise the overall accuracy of a classification system by utilizing multiple classifiers. Deep learning-based methods provide better results in many applications when compared with the other conventional machine learning algorithms. Word embeddings enable representation of words learned from a corpus as vectors that provide a (...) mapping of words with similar meaning to have similar representation. In this study, we use different document representations with the benefit of word embeddings and an ensemble of base classifiers for text classification. The ensemble of base classifiers includes traditional machine learning algorithms such as naïve Bayes, support vector machine, and random forest and a deep learning-based conventional network classifier. We analysed the classification accuracy of different document representations by employing an ensemble of classifiers on eight different datasets. Experimental results demonstrate that the usage of heterogeneous ensembles together with deep learning methods and word embeddings enhances the classification performance of texts. (shrink)

This study examined the influence of ethical leadership on knowledge sharing, the mediating role of psychological ownership, and the moderating effect of professional commitment between ethical leadership and knowledge sharing. Data were collected from 307 public listed Pakistani companies’ employees. Statistical analyses were performed by using SPSS Version 25 and AMOS version 22. The findings indicate a positive relationship between EL and KS behavior. Additionally, the impact of EL on KS was partially mediated by psychological ownership. Furthermore, professional commitment buffers (...) the link between EL and KS. This study contributes to the body of knowledge in the field of leadership by confirming the role of ethics. The results show that ethical leaders develop employee attitudes that contribute to employee KS behavior. Ethical leaders create and encourage a learning culture to enhance organizational performance. This study adds to the little data on the positive impact of EL on listed company’s employees and addresses the gaps in previous studies on the role of EL in changing environments. In addition, professional commitment as a moderator has not been previously investigated with ethical leadership antecedents. (shrink)

Pionnière dans la pénalisation du viol en 1980, la France a été en eurocrime qu’aurait entraîné l’unanimité dans l’acceptation de la nouvelle définition proposée par la Commission européenne. L’absence de consentement devient finalement pour tous le critère principal, et de nombreux pays ont aligné récemment leur législation avec la directive européenne. Sur le droit à l’avortement, la convergence est moins sensible, plusieurs pays mettent d’importantes restrictions. La constitutionnalisation de la liberté d’avorter et de sa garantie en France va peut-être conduire (...) à son inscription dans les droits humains. (shrink)

The question of the development of aesthetic perception in relation to works of art and phenomena of nature suggests a differentiation between aesthetic education and art education which will be attempted in this study. At the same time the necessary interrelationship between the two will also be analysed.

Based on the Lotka–Volterra system, a pest-natural enemy model with nonlinear feedback control as well as nonlinear action threshold is introduced. The model characterizes the implementation of comprehensive prevention and control measures when the pest density reaches the nonlinear action threshold level depending on the pest density and its change rate. The mortality rate of the pest is a saturation function that strictly depends on their density while the release of natural enemies is also a nonlinear pulse term depending on (...) the density of real-time natural enemies. The exact impulsive and phase sets are given. The definition and properties of the Poincaré map corresponding to the pulse points on the phase set are provided. We investigate the existence and stability of boundary and interior order-1 periodic solution. The theoretical analysis developed in the present paper combined with nonlinear controlling measures as well as nonlinear action threshold methods and techniques laid the foundation for the establishment and analysis of other state-dependent feedback control models. (shrink)

On November 2019, the world commemorated the 30th anniversary of the United Nations’ Convention on the Rights of the Child. The UNCRC noted that “the press and other media have essential fu...