We have empirically examined the relationship between top executives’ turnover and the corporate environmental responsibility by identifying the influence of ten specific turnover reasons resulting in the chairman’s departure and two important types of chairman’s succession. Using a sample of 782 manufacturing listed companies across 3 years in China, we find that the corporate environmental responsibility is negatively associated with the involuntary and negative turnover (i.e., dismissal, health and death, and forced resignation) and positively associated with improving corporate governance, and (...) not associated with the normal turnover (i.e., retirement and contract expiration) and the types of chairman’s succession (i.e., independence, and internal or external promotion). Our study significantly contributes to research in environmental disclosure by revealing the relationship between chairman’s turnover and the corporate environmental responsibility. A feasible way is suggested to regulators and other stakeholders in monitoring or assessing the possible abnormality of environmental responsibility when firms experience involuntary and negative chairman’s turnover in the emerging economies. (shrink)

The stock market’s reaction to information disclosure of environmental violation events (EVEs) is investigated multi-dimensionally for Chinese listed companies, including variables such as pollution types, information disclosure sources, information disclosure levels, modernization levels of the region where the company locates, ultimate ownership of the company, and ownership held by the largest shareholder. Using the method of event study, daily abnormal return (AR) and accumulative abnormal return (CAR) are calculated under different event window for examining the extent to which the stock (...) market responds to the EVEs. Furthermore, statistical significance of the difference in stock market reaction is compared between event firms with different characteristics. The relationship between CAR and its impact factors is examined by multivariate analysis. The findings reveal that the average reduction in market value is estimated to be much lower than the estimated changes in market value for similar events in other countries, demonstrating that the negative environmental events of Chinese listed companies currently have weak impact on the stock market. (shrink)

Based on the institutional theory, this article attempts to examine two consecutive questions regarding the impact of various factors on corporate decision in environmental information disclosure (EID): (1) whether or not to disclose; and (2) the level of disclosure. The relevance of these factors is empirically tested using data collected from publicly listed manufacturing companies from 2006 to 2008 in China. Some interesting findings appear. We find that firms that are state-owned, those that operate in environmentally sensitive industries, those having (...) more industrial peers engaged in EID, and those with better reputation are more likely to disclose environmental information. When it comes to the content of EID, variables that attempt to capture external institutional pressures exhibit either no or weak explanatory power. Only the variable of organizational image and reputation is demonstrated to have a significant impact on both the act and the content of EID. This study provides a snapshot of the dialogues between constituencies in the organizational field and EID development. (shrink)

In decision-making involving multiple criteria or attributes, a decision maker first identifies all relevant evaluative attributes in making decisions. Then, a dominance principle is often invoked whenever applicable: whenever an option x is better than an option y in terms of some attribute and no worse than y in terms of any other attributes, x is judged to be better than y. If, however, this dominance principle is not applicable, then the decision maker determines the relative importance between the identified (...) evaluative attributes, consults with contextual features of the options under consideration, and makes a decision. It is shown that the combination of these principles runs into problems in the presence of rationality properties, such as transitivity, and a weak continuity requirement on decisions. The paper gives examples from welfare economics, and theories of individual and group decisions. (shrink)

Automated reasoning issues are addressed for a finite lattice-valued propositional logic LnP(X) with truth-values in a finite lattice-valued logical algebraic structure—lattice implication algebra. We investigate extended strategies and rules from classical logic to LnP(X) to simplify the procedure in the semantic level for testing the satisfiability of formulas in LnP(X) at a certain truth-value level α (α-satisfiability) while keeping the role of truth constant formula played in LnP(X). We propose a lock resolution method at a certain truth-value level α (α-lock (...) resolution) in LnP(X) and have proved its theorems of soundness and weak completeness, respectively. We provide more efficient resolution based automated reasoning in LnP(X) and key supports for α-resolution-based automated reasoning approaches and algorithms in lattice based linguistic truth-valued logic. (shrink)

In order to provide a unified framework for studying non-commutative algebraic logic, Rump and Yang used three axioms to define quantum B-algebras, which can be seen as implicational subreducts of quantales. Based on the work of Rump and Yang, in this paper we shall continue to investigate the properties of three axioms in quantum B-algebras. First, using two axioms we introduce the concept of generalized quantum B-algebras and prove that the opposite of the category GqBAlg of generalized quantum B-algebras is (...) equivalent to the category LogPQ of logical pre-quantales, but we can not prove that pre-quantales can be used as the injective objects in GqBAlg. Next, we use one axiom to propose the concept of C-algebras and show that a C-algebra is a group if and only if each of its elements is dualizing. Further, by dualizing elements of a C-algebra X, we can define different binary operations on X such that X is a moniod. Finally, we by the Zig–Zag relation discuss some properties of quantum B-algebras. (shrink)

PurposeWe conducted a driving simulator study to investigate the effects of monitoring intersection cross traffic on gaze behaviors and responses to pedestrians by drivers with hemianopic field loss.MethodsSixteen HFL and sixteen normal vision participants completed two drives in an urban environment. At 30 intersections, a pedestrian ran across the road when the participant entered the intersection, requiring a braking response to avoid a collision. Intersections with these pedestrian events had either no cross traffic, one approaching car from the side opposite (...) the pedestrian location, or two approaching cars, one from each side at the same time.ResultsOverall, HFL drivers made more of cross-traffic on both the blind and seeing sides. They made more numerous and larger gaze scans when they fixated cars on both sides and had lower rates of unsafe responses to blind- but not seeing-side pedestrians. They were more likely to demonstrate compensatory blind-side fixation behaviors when there was no car on the seeing side. Fixation behaviors and unsafe response rates were most similar to those of NV drivers when cars were fixated on both sides.ConclusionFor HFL participants, making more scans, larger scans and safer responses to pedestrians crossing from the blind side were associated with looking at cross traffic from both directions. Thus, cross traffic might serve as a reminder to scan and provide a reference point to guide blind-side scanning of drivers with HFL. Proactively checking for cross-traffic cars from both sides could be an important safety practice for drivers with HFL. (shrink)

Reinforcement learning relies on the reward prediction error (RPE) signals conveyed by the midbrain dopamine system. Previous studies showed that dopamine plays an important role in both positive and negative reinforcement. However, whether various reinforcement processes will induce distinct learning signals is still unclear. In a probabilistic learning task, we examined RPE signals in different reinforcement types using an electrophysiology index, namely, the feedback-related negativity (FRN). Ninety-four participants were randomly assigned into four groups: base (no money incentive), positive reinforcement (presentation (...) of money rewards), negative reinforcement (removal of money losses), and combined reinforcement (money rewards and removal of money losses) groups. In addition, in order to evaluate the engagement of emotional activity in the different reinforcement processes, Positive and Negative Affect Schedule-Expanded Form (PANAS-X) scales were applied before and after the experiment to detect the emotional changes. The results showed that there was no difference between groups in the dopamine-related learning bias. However, compared to the other three groups, negative reinforcement elicited smaller FRN (the difference-wave measure) during the learning, stronger positive affect and joviality, and less fatigue after the learning, in which the difference between the negative and positive reinforcement groups was smaller. The results indicated that pure avoidance motivation may induce distinct emotional fluctuations, which influence the feedback processing. (shrink)

A topological index is a numeric quantity related with the chemical composition claiming to correlate the chemical structure with different chemical properties. Topological indices serve to predict physicochemical properties of chemical substance. Among different topological indices, degree-based topological indices would be helpful in investigating the anti-inflammatory activities of certain chemical networks. In the current study, we determine the neighborhood second Zagreb index and the first extended first-order connectivity index for oxide network O X n, silicate network S L n, chain (...) silicate network C S n, and hexagonal network H X n. Also, we determine the neighborhood second Zagreb index and the first extended first-order connectivity index for honeycomb network H C n. (shrink)

We investigate a series of logics that allow to reason about agents' actions, abilities, and their knowledge about actions and abilities. These logics include Pauly's Coalition Logic CL, Alternating-time Temporal Logic ATL, the logic of ‘seeing-to-it-that' (STIT), and epistemic extensions thereof. While complete axiomatizations of CL and ATL exist, only the fragment of the STIT language without temporal operators and without groups has been axiomatized by Xu (called Ldm). We start by recalling a simplification of the Ldm that has been (...) proposed in previous work, together with an alternative semantics in terms of standard Kripke models. We extend that semantics to groups via a principle of superadditivity, and give a sound and complete axiomatization that we call Ldm G. We then add a temporal ‘next' operator to Ldm G, and again give a sound and complete axiomatization. We show that Ldm G subsumes coalition logic CL. Finally, we extend these logics with standard S5 knowledge operators. This enables us to express that agents see to something under uncertainty about the present state or uncertainty about which action is being taken. We focus on the epistemic extension of X-Ldm G, noted E-X-Ldm G. In accordance with established terminology in the planning community, we call this extension of X-Ldm G the conformant X-Ldm G. The conformant X-Ldm G enables us to express that agents are able to perform a uniform strategy. We conclude that in that respect, our epistemic extension of X-Ldm G is better suited than epistemic extensions of ATL. (shrink)

Ranking finite subsets of a given set X of elements is the formal object of analysis in this article. This problem has found a wide range of economic interpretations in the literature. The focus of the article is on the family of rankings that are additively representable. Existing characterizations are too complex and hard to grasp in decisional contexts. Furthermore, Fishburn (1996), Journal of Mathematical Psychology 40, 64–77 showed that the number of sufficient and necessary conditions that are needed to (...) characterize such a family has no upper bound as the cardinality of X increases. In turn, this article proposes a way to overcome these difficulties and allows for the characterization of a meaningful (sub)family of additively representable rankings of sets by means of a few simple axioms. Pattanaik and Xu’s (1990), Recherches Economiques de Louvain 56, 383–390) characterization of the cardinality-based rule will be derived from our main result, and other new rules that stem from our general proposal are discussed and characterized in even simpler terms. In particular, we analyze restricted-cardinality based rules, where the set of “focal” elements is not given ex-ante; but brought out by the axioms. (shrink)

In lieu of an abstract, here is a brief excerpt of the content:Reviewed by:Philosophical Enactment and Bodily Cultivation in Early Daoism: In the Matrix of the Daodejing by Thomas MichaelJing Tan (bio) and Xiangfei Bao (bio)Philosophical Enactment and Bodily Cultivation in Early Daoism: In the Matrix of the Daodejing. By Thomas Michael. London: Bloomsbury Academic, 2022. Pp. x + 278. Hardcover $115.00, isbn 978-1-3502-3665-3. Thomas Michael's Philosophical Enactment and Bodily Cultivation in Early Daoism: In the Matrix of the Daodejing (hereafter (...) Philosophical Enactment) brings forward new perspectives and pathways to one of the most important topics concerning the reconstruction of early Daoist history. The author has contributed two other original and insightful monographs to the study of Daoism, including In the Shadows of the Dao: Laozi, the Sage, and the Daodejing (Albany, NY: State University of New York Press, 2015) and The Pristine Dao: Metaphysics in Early Daoist Discourse (Albany, NY: State University of New York Press, 2005). Together with his newly published research article "The Original Text of the Daodejing: Disentangling Versions and Recensions" (Religions 13, No. 4, (2022): 325), Michael has displayed his erudition and expertise in the study of early Chinese religion and philosophy in both a sinological and philosophical way. His Philosophical Enactment sheds new light on the history of early Daoism. Writing the history of early Daoism is not easy, as Daoism is not ready-made and has no clear boundaries. The difficulty lies not only in its entanglement with, for instance, Confucianism and Legalism, but also in when Daoism began and how it transformed. Narrating the origin and the vicissitude of Daoism requires a prescribed narrative logic or a choice of philosophical paradigm. Piling up materials is not history writing. A typical pattern in writing the history of early Daoism is distinguishing the Daoist school of philosophy (daojia 道家) from Daoist religion (daojiao 道教).1 Indeed, this distinction brings much convenience to the history writing of Daoism and has been adopted by many scholars. Though some do not explicitly state this distinction, the structure of their writings indicates it.2 The distinction between daojia and daojiao was recognized by scholars long before Fung Yu-Lan 馮友蘭 (1895-1900) published his A Brief History of Chinese Philosophy in 1948. [End Page 1] Xu Dishan 許地山 (1893-1941) believes that such a distinction can be traced back to the "Three Ranks" (sanpin shuo三品說) in Liu Xie's 劉勰 (ca. 465-532) "On Eliminating Doubts" (Miehuo lun滅惑論).3However, the received distinction between daojia and daojiao is a retrospective one. It is the product of modern discipline classification and is based on the modern understanding of philosophy and religion. Such a distinction must have been unknown to the people before and during the Han. This distinction may also cause difficulties, for instance, how to classify Ge Hong 葛洪 (283-343) and his works. Wang Ka 王卡 (1956-2017) categorized Ge Hong as a Daoist philosopher,4 while Tang Yijie 湯一介 (1927-2014) assigns Ge Hong to Daoist religion. Tang even asserts that Ge Hong established a theoretical system for Daoist religion. 5 The practice of distinguishing and dichotomizing the Daoist school of philosophy and Daoist religion has been opposed by many researchers. The French Sinologist Henri Maspéro (1883-1945) argues that daojia and daojiao are not so distinct as is often received; they both belong to the same ancient tradition. Maspéro's opposition to the dichotomy was also supported by Joseph Needham (1900-1995), Kristof Schipper (1934-2021), and others.6Although many scholars find it difficult to sharply separate the Daoist school of philosophy from Daoist religion,7 and also find it improper to dichotomize these two concepts, they still commonly accept the distinction and then trying to bridge the two. However, the dilemma faced by scholars compels us to wonder about the appropriateness of the philosophical paradigm dictating this distinction. In other words, do we have a more appropriate alternative? Thomas Michael's Philosophical Enactment provides us with a new perspective for reconsidering the problem of the relationship between the Daoist school of philosophy and Daoist religion, while also being an excellent example of the history writing of early Daoism. According to the general view, the Daodejing belongs to Daoist philosophy because it offers systematic... (shrink)