The activism of institutional investors tends more and more toward the supervision and control of the behavior of the managers of big companies. In this article, we present a model based on the creation of an activism index that lets us evaluate such activism’s effect on the sensitivity of the investment policies of a company in the face of financial variables (such as cash flow and liquidity ratio) and market variables (ownership concentration and value creation index). To test our assertions, (...) we analyze firm-level data for United Kingdom (U.K.), Germany, France, Denmark, and Spain during the period 1995–2004. Our results point to a significant reduction in the sensitivity of company investment decisions in the face of these variables, especially relative to intangible capital, as a result of the neutralizing effect of activism on the high agency costs of free cash flow and on the information asymmetries of the market. (shrink)

In this work we define, in a general way, an algebraic semantics for the logics of the hierarchy InPk. This semantics is defined by means of an alternative construction, with respect to the usual algebraic semantics, and it is known in the literature as Twist-structures semantics. Besides that, we modify such construction, defining the so-called ω-Twist-structures here. This adaptation allows us to prove adequacy theorems for every logic of the hierarchy InPk.

The present article seeks to inquire the nature of Novalis’ difficult relation with philosophy. By founding this relation in a primordial spiritual conflict, wherein philosophy is the cause and the solution for the latter, as well as in an inescapable mythical understanding, wherein philosophy is at the same time necessary, and yet necessarily expendable, we intend to prove Novalis’ own seemingly contradictory, yet infinitely productive concept of philosophizing: one where philosophizing is a ductile, organic way of dealing with the problem (...) between the human being and the absolute. Furthermore, we wish to prove how this is most visibly considered in the sub-problem of the origin of philosophy, which sets the tone for Novalis’ remaining philosophical edifice and inscribes him as one of the leading opposers of a systematic philosophy – and hence, as an advocator of the impossibility of attaining the absolute through philosophy. (shrink)

The main point of our study is that the Kantian problem of a suitability between theory and practice, one of the key issues in Kant’s practical thinking in general, was erroneously perceived not only by those who defended it, and conceived of its possibility, but also by those who denied it and defended its impossibility. Our position, conversely, is that Kant, upon approaching a seemingly irresoluble problem, was forced to conceive of a via media, an “intermediate member of connection” between (...) theory and practice; an alternative which, in our view, does not arise out of mere necessity, rather is intimately interconnected from the mid-1770s onwards with the formation of Kant’s fundamental scheme of human knowledges, a scheme which, in its tridimensionality, establishes Pragmatic Anthropology as a third dimension of human knowledge and therefore as the only suitable soil for the dialogue between theory and practice, beyond the mere possibility or impossibility of the problem. This proposition, we hope, will enable us to ascertain what Kant envisages by the “talent of nature”, the special “act of the power of judgment” that is to serve as connecting member between theory and practice; to explain how Anthropology is to be seen as the natural abode for this mediating interplay; and, finally, to better position, as well as delimit, the scope of Kant’s anthropo-cosmological view of Man in the World, which is to be seen precisely between the merely rational of theory and the merely empirical of practice. (shrink)

Emergentes não raras vezes nas Lições de Antropologia de Kant, os termos “Einbildungskraft”, “Einbildungsfähigkeit” e “Imagination” são comummente tomados – e, prova maior disto mesmo, traduzidos – como um só. O presente artigo propõe-se pôr em causa e demonstrar a incorrecção desta abordagem. Bem pelo contrário, estamos em crer que, no âmbito da antropologia kantiana, em primeiro lugar, “faculdade de imaginação” e “capacidade de imaginação” não são uma e a mesma coisa, antes significam diferentes estratos, diferentes dimensões conceptuais na compreensão (...) do processo de representação humana; em segundo lugar, também “faculdade de imaginação”, enquanto “Einbildungskraft”, não é o mesmo que o seu correspondente na “Imagination”, antes duas dimensões de um e o mesmo problema antropológico, o problema por excelência do acto de representar, que surge entre o mundo e o designar humano. Tais distinções, que, assim o cremos, requerem uma compreensão mas também uma tradução mais criteriosa do que até aqui, trazem a uma mais distinta luz o modo como Kant estrutura e ordena as diferentes fases do processo da imaginação humana, e salienta aquelas que, para o filósofo, são as diferentes potencialidades desta última.__. (shrink)

The present essay is devoted to analyzing Reinhold’s contribution to one of the most relevant questions in German idealism, namely, the possibility of an absolute principle of all philosophy, as a task left open by Kant’s critical enterprise. The main aim is to assess the extent to which Reinhold is the first to propose this philosophical problem as a question of language, and in doing so the possibility of an absolutely apodictic philosophical language, as it would be later resumed and (...) developed by Fichte and other authors. Keywords: Reinhold, language, philosophy, principle, consciousness. (shrink)

RESUMO Seguindo a elevação de outros dons naturais do espírito humano a categorias ou princípios estéticos, o que ocorreria gradualmente durante o século XVIII, o génio e as suas várias problemáticas tornam-se uma das mais prementes questões na agenda filosófica da época. Entre outros, a questão assume particular relevância na filosofia de Immanuel Kant, e isso não apenas na sua obra publicada, mas também na sua actividade como Professor. O presente texto propõe-se abordar a questão do génio nas lições de (...) antropologia do filósofo, e, tomando isto como ensejo, cumprir dois objectivos centrais: em primeiro lugar, traçar uma brevíssima história do conceito desde o século XVII até Kant, a fim de perceber que emprego desta faria o filósofo, e como ele próprio se associa ou dissocia desta. Segundo, compreender o modo como, dada a sua percepção histórica do termo, a teoria do génio em Kant trilha um curso singular, distinto em relação ao dos seus contemporâneos, e que faz com que o génio ostente uma posição central no seio da sua própria teoria; pois, na visão de Kant, o génio não só desempenha um importante papel como mediador das faculdades do ânimo humano, como é ainda peça indispensável na boa proporção entre estes e na insuspeitada produção de conhecimento por isto gerada. ABSTRACT Following the ascension of other natural gifts of the human spirit to the condition of categories or aesthetic principles, which would occur gradually during the 18th century, the topic of genius and its various issues becomes one of the most important questions in the philosophical agenda of the time. Among others, the question assumes particular relevance in Immanuel Kant's philosophy, not only in his published work, but also in his activity as a professor. The following text intends to approach the question of genius in the philosopher's Lectures on Anthropology, and taking the latter into account, to fulfil two central objectives: first, to etch a brief history of the concept from the 17th century until Kant, so as to realize what use Kant would make of this evolution, and how he himself associates or dissociates from it. Secondly, we intend to understand how Kant's theory of genius describes its own singular course, different from the ones of his contemporaries, and renders the genius a central piece within his own theory; for, in Kant's view, the genius not only plays an important role as mediator of the faculties of the spirit, but it is also an indispensable factor in the proportion between the latter, and in the unsuspected production of knowledge thus generated. (shrink)

Kant's Logic of the Pathological: Aesthetics and Politics.

O presente texto, de que se dá em seguida a tradução portuguesa, consiste numa selecção da correspondência entre F. W. J Schelling, J. C. F. Hölderlin e G. W. F. Hegel, três colegas e amigos do Stift de Tübingen, três vértices de uma das mais interessantes e importantes unidades teóricas do idealismo alemão e, por conseguinte, três elementos cujos anos de aprendizagem filosófica se revelam hoje essenciais para a boa compreensão da génese da sua época.

Partindo da inequívoca assumpção de que há um espírito comum entre Platão e o período do idealismo alemão, o presente ensaio propõe-se comprovar esta mesma tese analisando o conjunto de anotações intitulado “Über den Geist der Platonischen Philosophie”, coligido por Schelling ainda na fase pré-filosófica da sua evolução espiritual, em 1793. Da análise deste, e dos dois mitos aí contidos, esperase por sua vez que estes nos possam fornecer fortes indícios não só do quadro histórico-mitológico que está por detrás de (...) toda a filosofia idealista, mas também da possibilidade de que destes mitos nasçam os primeiros frémitos da primeiríssima filosofia de Schelling. (shrink)

(No abstract is available for this citation).

Among the many stages of Kant’s problem of a reciprocal collocation of the human knowledges, Encyclopedism, quite unsurprisingly, is one of the most relevant; and yet, quite surprisingly, it is Anthropology which plays here one of the lead parts, insofar as the complex ascertainment of its definition, its position, its task proves to be of irrefutable importance towards solving the greater problem at hand. The question arises as the association – or dissociation – between Empirical Psychology and Pragmatic Anthropology, and (...) their inclusion in, or exclusion from, their greater or lesser relation with Metaphysics; a problem which, to the careless eye, seems to have been promoted by Kant himself. Here, opinions diverge as to the nature of the relation between the two sciences, from their total inter-dependence to their complete separation. We, in turn, propose a different approach. Our objective is to reenact Kant’s fundamental scheme of human knowledges, as presented not only in the only extant Lecture on Encyclopedism, but in various others dimensions of Kant’s academic activity; and here, to propose a contrasting analysis between Empirical Psychology and Pragmatic Anthropology; one, however, based not on the assumption of their consonance or dissonance through their characteristics, rather on their respective position and scope amid the field of human knowledges. As such, it is our intention to consider Kant’s Lectures in their interconnection, namely, in their apparently dubious simultaneous collocation of an Empirical Psychology as Anthropology; and, based on their specific position in the scheme of human knowledges, and what this position entails in terms of their scope and task, to ascertain to what extent Empirical Psychology is indeed Anthropology, and from what extent Empirical Psychology is no longer Anthropology – not, at least, Pragmatic Anthropology. In other words, we shall labor towards defining a dividing line in Kant’s scheme of human knowledges; one which for Kant represents a third dimension of knowledge and stands between rational and empirical, Metaphysics and the historical sciences; that line, in our view, being that of a cosmopolitical prism. Keywords: Kant, encyclopedism, anthropology, empirical psychology, cosmopolitanism. (shrink)

ABSTRACT The question of human consciousness is a crucial part of Novalis’ aim of construing a self-critique of the I, or critique of human identity, as it is proposed in his “Fichte-Studien”. Namely, this question is an intermediary stage in said critique, serving as proof for Novalis’ theory of the opposites, the fundamental stage, and his position on philosophizing, the final stage of this endeavor, which will be at the basis of his whole philosophical system; and as such, it is (...) a topic of great importance, as it is not only a link in a chain of thought which aims at proving the organicity or living heterogeneity - and not Fichte’s machine-like homogeneity - of the human but is also a key topic towards the resolution of Novalis’problem of philosophy as an existential problem. Given this, the present article intends to situate the question of human consciousness in the framework of Novalis’greater scope of a critique of the I; and from then, to comment on Novalis’own position on the problem of human consciousness, as it is stated in the formula “Consciousness is the Being outside of Being, within Being”; a position which further separates the young poet from Fichte, as it renders him closer and closer to other young idealists, such as Hölderlin or Schelling. RESUMO A questão da consciência humana é uma parte crucial no intento novaliano de construir uma autocrítica do Eu, ou crítica da identidade humana, como ela é proposta nos seus “Fichte-Studien”. Designadamente, esta questão constitui um estado intermédio em tal crítica, servindo como prova da teoria dos contrários de Novalis, o estádio fundamental desta, e a posição de Novalis sobre o filosofar, o estádio final da sua empresa, a qual está na base de todo o seu sistema filosófico; e, como tal, é um tópico de grande importância, visto ser não só um elo em uma linha de pensamento que visa provar a organicidade ou heterogeneidade viva - e não a maquinal homogeneidade de Fichte - do humano, mas também um tópico-chave tendo em vista a resolução da questão novaliana da filosofia enquanto problema existencial. Assim sendo, o presente artigo propõe-se situar a questão da consciência humana no contexto maior da crítica da identidade de Novalis; e, a partir daí, comentar a posição de Novalis sobre o problema da consciência humana, como ele surge exposto na fórmula “A consciência é o Ser fora do Ser, no Ser”; uma posição que decisivamente separa o jovem poeta de Fichte, enquanto o aproxima de outros jovens idealistas, tais como Hölderlin ou Schelling. (shrink)

This book presents a critical reconsideration of the Kantian cognitive and practical subject. Special attention is devoted to highlight the complex relation between subjectivity as it is presented in the three critiques and the way in which it is construed in other writings, in particular the Anthropology. While for Kant our cognitive apparatus and the structure of our will are common to all humans, the anthropological subject reveals degrees of variation, depending on a myriad of external circumstances that pose a (...) challenge to the unity of Kant's account and await theoretical solutions. The essays collected in the volume delve into how the different shapes of human nature are not unrelated. They explore how and why different "Kantian subjects" are closely connected and at their core, if not entirely unified. The notions of personality, humanity, and citizenship will serve as leading threads for the reconstruction of this possible underlying unity. An engaging read that promises to deepen our understanding of human nature, the volume will be of great interest to scholars and researchers of philosophy, politics, psychology, social anthropology, ethics, and epistemology. (shrink)

This paper presents a Heideggerian phenomenological analysis of screens. In a world and an epoch where screens pervade a great many aspects of human experience, we submit that phenomenology, much in a traditional methodological form, can provide an interesting and novel basis for our understanding of screens. We ground our analysis in the ontology of Martin Heidegger's Being and Time [1927/1962], claiming that screens will only show themselves as they are if taken as screens-in-the-world. Thus, the phenomenon of screen is (...) not investigated in its empirical form or conceptually. It is rather taken as a grounding intentional orientation that conditions our engagement with certain surfaces as we comport ourselves towards them “as screens.” In doing this we claim to have opened up the phenomenon of screen in a new and meaningful way. (shrink)

This paper will study the universality of natural law that Thomas Aquinas explains in Sententia Libri EthicorumV. In the 5th book of the Nicomachean Ethics, Aristotle tells the difference between natural law and positive law in the context of politic law. This reference point raises the question about the naturalness of the justice rules within the political society. Especially when it comes to the variability inherent in practical matters. Thomas, by contrast, appeals the first principles recognized by practical intellect in (...) order to support the universality of natural law. The comparison among the Aristotelian and Thomistic position on the universality of the natural law, would reflect doctrinal overcomings, continuities or ruptures between different authors that examine, however, a common topic. (shrink)

The relationship between spiritual wellbeing and ethical orientations in decision making is examined through a survey of executives in organizations listed on the Australian Stock Exchange. The four domains of spiritual well-being, personal, communal, environmental and transcendental (Fisher, Spiritual health: its nature and place in the school curriculum, PhD thesis, University of Melbourne, 1998; Gomez and Fisher, Pers Individ Differ 35:1975–1991, 2003) are examined in relation to idealism and relativism (Forsyth, J Pers Soc Psychol 39(1): 175–184, 1980). Results reveal that (...) spiritual well-being, in particular the communal domain of spiritual well-being, is correlated with and predictive of idealism. However, the relationship between spiritual well-being and relativism is weak. Implications of the study are discussed in terms of developing managerial programs that enhance communal well-being which should lead to greater idealism in decision making. Limitations of the study and future research opportunities are outlined. (shrink)

Сборник издан к 60-летию доктора филологических наук, профессора Тверского государственного университета Михаила Викторовича Строганова. Авторы и составители построили его как праздничное торжество: здесь есть и серьезные научные чтения.