We find that agency problems are embedded in firm's excess and abnormal equity investments that are mainly dictated by controlling shareholder's motives and ethical choices manifested in ownership and board structure. The excess equity investment is gauged with respect to industry average. The abnormal equity investment is specifically referred to the number of nominal investment companies that are fully controlled by the controlling owners while subject to little governance. Our empirical evidences of 345 Taiwanese non-financial listed firms show that firm's (...) excess and abnormal equity investments are negatively correlated with controlling shareholder's cash flow rights while are positively correlated with the control-cash flow deviation, and board affiliation. The results are supportive of the positive incentive hypothesis and the negative entrenchment hypothesis put forth by La Porta et al. and Claessen et al.. The negative relation between equity investment and firm's value further supports the agency postulation that corporate excess and abnormal equity investments represent a leeway for controlling shareholder to exploit wealth of minority shareholders. This study potentially contributes to the literature of business ethics by portraying an empirically testable linkage from controlling owner's ethical choices to his actions and therefore firm's value. (shrink)

BackgroundAlthough the Life-Sustaining Treatment (LST) Decision Act was enforced in 2018 in Korea, data on whether it is well established in actual clinical settings are limited. Hospital-acquired pneumonia (HAP) is a common nosocomial infection with high mortality. However, there are limited data on the end-of-life (EOL) decision of patients with HAP. Therefore, we aimed to examine clinical characteristics and outcomes according to the EOL decision for patients with HAP.MethodsThis multicenter study enrolled patients with HAP at 16 referral hospitals retrospectively from (...) January to December 2019. EOL decisions included do-not-resuscitate (DNR), withholding of LST, and withdrawal of LST. Descriptive and Kaplan–Meier curve analyses for survival were performed.ResultsOf 1,131 patients with HAP, 283 deceased patients with EOL decisions (105 cases of DNR, 108 cases of withholding of LST, and 70 cases of withdrawal of LST) were analyzed. The median age was 74 (IQR 63–81) years. The prevalence of solid malignant tumors was high (32.4% vs. 46.3% vs. 54.3%, P = 0.011), and the ICU admission rate was lower (42.9% vs. 35.2% vs. 24.3%, P = 0.042) in the withdrawal group. The prevalence of multidrug-resistant pathogens, impaired consciousness, and cough was significantly lower in the withdrawal group. Kaplan–Meier curve analysis revealed that 30-day and 60-day survival rates were higher in the withdrawal group than in the DNR and withholding groups (log-rank P = 0.021 and 0.018). The survival of the withdrawal group was markedly decreased after 40 days; thus, the withdrawal decision was made around this time. Among patients aged below 80 years, the rates of EOL decisions were not different (P = 0.430); however, mong patients aged over 80 years, the rate of withdrawal was significantly lower than that of DNR and withholding (P = 0.001).ConclusionsAfter the LST Decision Act was enforced in Korea, a DNR order was still common in EOL decisions. Baseline characteristics and outcomes were similar between the DNR and withholding groups; however, differences were observed in the withdrawal group. Withdrawal decisions seemed to be made at the late stage of dying. Therefore, advance care planning for patients with HAP is needed. (shrink)

This article has the purpose of examining the commentation that Sung-ho Yi Ik and Da-san Jung Yak-yong developed of Sa-chil Debate (사칠논쟁) Which was a philosophical debate in Chosun Dynasty. Sa-chil Debate began from Toe-gye Yi Whang and Ko-bong Gi Dae-sung and soon as a result of Yul-gok Yi Yi and Woo-gae Sung Hon repeating the debate, It appeared as a kind of philosophical theme. After that, Yul-gok and Toe-gye's students formed a kind of school. They also made the debate (...) extended and the theory more sophisticated by criticizing a counterpart's argument on base of ideologizing their teacher's theory. About 200 years after Toe-gye died, Sung-ho Yi Ik was born and after about 250 years, Da-san Jung Yak-yong was born. Both they experienced a western naturalscience and a catholic theory as Silhak Scholars (실학자). Therefore their this kind of interpretation about Sung-li Debate must be offering a deeply interesting investigation to us. In conclusion, Sung-ho advocated Toe-gye's theory at all, adding more explanation to it and Da-san evaluated all of Toe-gye's and Yul-gok's theory to be right because their theories have a unique logicality of making a sense. Sung-ho stood on a Shilhak view point gave up a organic cosmology ofSung-li theory which has a continuity to cosmology and moral theory, arguing Sa-chil-Li bal-Yil-lo Theory (四七理發一路說) by understanding Sa-chil Debate based on only moral perspective. Even though Da-san also said Yang-si Theory (兩是論) that both their theories are all right, he argued that Toe-gye's theory is much more important in the aspect of moral practice owing to his religious opinion by a catholic affect. By the way, Sung-ho supplemented and explained Toe-gye's theory, but he had not a sufficient logic and was not objective because of his leaning into advocating Toe-gye's theory much further. Da-san had an advantage of evaluating both Toe-gye's and Yul-gok's theory to be all right, but came to argue an insufficient philosophy on account of its simplicity. (shrink)

Wana Manitpisitkul1, Sabrina Lee2, Matthew Cooper31Department of Pharmacy, University of Maryland Medical Center, Baltimore, MD, USA; 2Solid Organ Transplant Program, University of Utah Health Care, Salt Lake City, UT, USA; 3Department of Surgery, University of Maryland School of Medicine, Baltimore, MD, USA: Addition of mycophenolate mofetil to calcineurin-based immunosuppressive therapy has led to a significant improvement in graft survival and reduction of acute rejection in renal transplant recipients. However, in clinical practice, MMF dose reduction, interruption, or discontinuation due to hematological (...) and gastrointestinal side-effects occurred in up to 50% of the patients. Large retrospective analyses have demonstrated that patients requiring MMF dose manipulation due to adverse events experienced a higher rate of rejection and graft loss. Enteric-coated mycophenolate sodium was developed with the goal of improving upper GI side-effects. Here, we review the efficacy and safety of EC-MPS in de novo kidney transplant recipient, and in stable renal transplant patients who were converted from MMF. The changes in GI-related adverse events using patient-reported outcome instruments are also reviewed.Keywords: enteric-coated mycophenolate sodium, mycophenolate mofetil, kidney transplant, efficacy, gastrointestinal tolerability. (shrink)

Collected works of Dmu-dge Bsam-gtan, predominantly on Buddhist doctrines, grammar, and history, including autobiographical writings (v.1), poetic works, refutations, etc.

In various places we have defended the position that a new human organism, that is, an individual member of the human species, comes to be at fertilization, the union of the spermatozoon and the oocyte. This individual organism, during the ordinary course of embryological development, remains the same individual and does not undergo any further substantial change, unless monozygotic twinning, or some form of chimerism occurs. Recently, in this Journal Jason Morris has challenged our position, claiming that recent findings in (...) reproductive and stem cell biology have falsified our view. He objects to our claim that a discernible substantial change occurs at conception, giving rise to the existence of a new individual of the human species. In addition, he objects to our claim that the embryo is an individual, a unified whole that persists through various changes, and thus something other than a mere aggregate of cells. Morris raises a number of objections to these claims. However, we will show that his arguments overlook key data and confuse biological, metaphysical, and ethical questions. As a result, his attempts to rebut our arguments fail. (shrink)

This experimental study extends prior capital market and environmental accounting research by utilizing the theoretical underpinnings of legitimation through impression management, source credibility bias, perceived trust, and ideology in assessing the influence of discretionary environmental accounting narratives on jurors’ punitive damage award assessments. We utilize mock jurors as environmental stakeholders and find that: jurors in a court case involving corporate environmental malfeasance assess lower punitive damage awards against a firm that provides discretionary disclosure on its website regarding future abatement and (...) control narratives, environmental sensitivity of the firm’s industry moderates the negative relationship between the discretionary disclosure and jurors’ punitive damage award assessments, and juror’s perceived trust toward firm management mediates the prior moderation effect. Further, juror political ideology is found to affect the punitive damage award assessments, with liberal jurors levying comparatively higher awards than conservative jurors. (shrink)

Despite the considerable attention given to Spinoza’s account of affectivity, especially in recent years, scant attention has been paid to the distinction between action and passion, or to the problems which it presents internally and externally. This essay offers a clarification and defense of Spinoza’s account of action and passion. A second theme is the behavioristic nature of Spinoza’s account of human affectivity. Despite the bad press which behaviorism is receiving these days, I argue that the behavioristic aspects of Spinoza’s (...) account are defensible. (shrink)

Robert C. Scharff has written what we might call, after Nietzsche, a timely meditation. It is timely in that it is aimed at our particular time , and it is a meditation on timeliness, on what it means to do philosophy within time and history . These two topics meet in his depiction of our time as one that is either not fully aware of or that actively suppresses its own timeliness, its own determination by its time and historical context, (...) due largely to analytic philosophy’s remaining caught in the vestigial grips of positivism and the dominance of science. We may be “After Positivism,” but we are not wholly past positivism. Scharff considers this ahistorical approach untenable because, as he informs us in the book’s second sentence, all meditations are timely: time and historical context inescapably determine how and what we meditate on, especially the attempts to escape them.Scharff identifies our place in history as “after posi .. (shrink)

Russell had two theories of names and one theory of description. Logically proper names are Millian names, which have only denotation but no connotation. Ordinary names are not genuine names but disguised definite descriptions subject to quantificational analyses. Only by asserting that ordinary names are definite descriptions could Russell motivate his theory of description to solve three problems for Millian names, namely, Frege’s puzzle, empty reference and negative existentials. Critics usually discuss Russell’s theories of names and his theory of description (...) separately. This paper takes a new perspective and presents a dilemma for the overall project, arguing that it is hard to be a Russellian about names coherently. The central issue is whether contextualisation is semantic or pragmatic in nature, an issue very much alive in contemporary debates. This paper traces Russell’s ambiguity on this matter back to his conception of the roles of knowledge by acquaintance and knowledge by description in naming. (shrink)

Popper Proposed the criterion of falsifiability as a solution to the problem of demarcation i.e. of distinguishing science from pseudo-science and not, as many of his contemporaries in the Vienna Circle mistook it to be, a solution to the quite different problem with which they themselves were preoccupied, viz. of providing a criterion of meaning to distinguish the meaningful from the meaningless. While the positivists were concerned to damn metaphysics and exalt science, by identifying the empirically verifiable with the meaningful, (...) Popper was concerned to separate science from scientism, to damn astrology and to extol astronomy. In other words his preoccupation belongs not to the philosophy of language but to the philosophy of science. (shrink)

The great academic disputation of Ho-rak had been made for about 200 years since it began in 1709. An argument that the human nature and the nature of things are same or different was one of the main subjects for the great academic disputation. Gan Lee (李柬, 1677-1727) and Wonjin Han (韓元震, 1682-1751) were leading discussants of the argument. After Lee and Han, Neo-Confucian scholars in Joseon dynasty attempted comprehensively to synthesize their two views. But such Scholars as Seong-ju Lim (...) (任聖周, 1711-1788) and Jeongjin Ki (奇正鎭, 1798-1879) criticized a reformulation of One Principle and Many Differentiations. Lim argued that there was not only One Principle but also one vital breath as well as Many Differentiations of vital breath as well as One Principle. His idea of One Principle is relevant for a similarity between the natures of humans and things, and his idea of Many Differentiations is relevant for a difference between the natures of humans and things. Lim grasped that all the natures of things had two aspects of similarity and difference. But Gi criticized that their discussants were too narrowly specific in arguing this issue. He argued that One principle and Many Differences entailed each other. Like Lim's idea, his idea confirmed the sides of both, too. The nature of original substance is equivalent to the nature of existence. It seems to me that such a fruitful result of Korean philosophy, which an argument between the natures of humans and things had been distinctly made, for the future, will be an area of being made a deeper exploration from various aspects. (shrink)

ABSTRACTIn the Timaeus, Plato explicitly defines time as “the moving image of eternity”. This proposition affirms actually that time reflects the eternal that embodies the rational and lawful principle – namely the logos of proportionality – in the motion and change of visible objects in the universe. In other words,time determines the principle that every mutable being must follow to participate in the rational and nomological order of existence; the absolute logos which is given by God is hence intrinsic to (...) time. This idea of time is echoed by the theories of Augustine and Husserl. Both philosophers inherited some of Plato’s metaphysical views, and each of them developed a distinctive theory of the relations between Being, time, and the absolute logos. This paper attempts to compare their theories and to defend the following claim: Augustine fo-cuses on the immutable representation of time which is regarded as the image or reflection of God’s absolute logos, and explains temporal phenome... (shrink)

Traditionally, historians have taken it for granted that Britain’s National Physical Laboratory was created as the result of demands from a “professional” body of university-based physicists for a state-funded scientific institution. Yet paying detailed attention to the history of the NPL’s originating institution, Kew Observatory, shows that the story is not so clear-cut. Starting in the 1850s, Kew Observatory was partly a center for testing meteorological instruments and other scientific equipment in return for fees. Long after the 1850s, the observatory (...) was run by self-funded devotees of science. Paid university physicists only assumed a dominant role on its governing committee in the last two decades of the nineteenth century, by which time instrument-testing was already the observatory’s main role. This paper argues that the rise of the university physicists – together with the desire of some of these physicists for a national institution that tested electrical standards – can only partially explain the origins of the NPL, and that Kew was in some ways a national physical laboratory before there were many physics teaching posts in British universities. This paper is a case study that illustrates a need to reassess the importance of university physicists in shaping British science at the end of the nineteenth century. (shrink)

This book defends the conjugal view of marriage. Patrick Lee and Robert P. George argue that marriage is a distinctive type of community: the union of a man and a woman who have committed to sharing their lives on every level of their beings (bodily, emotionally, and spiritually) in the kind of union that would be fulfilled by conceiving and rearing children together. The comprehensive nature of this union, and its intrinsic orientation to procreation as its natural fulfillment, distinguishes marriage (...) from other types of community and provides the basis for the norms of marital exclusivity and permanence. Lee and George detail how the basic moral norms regarding sexual acts follow from the ethical requirement to respect the good of marriage and explain how the law should treat marriage, given its conjugal nature, examining both the same-sex-marriage issue and civil divorce. (shrink)

In lieu of an abstract, here is a brief excerpt of the content:Coeditors’ IntroductionRetro III: As We RestartAlyson Cole and Kyoo Leethe covid-19 pandemic drags on, and, as the world is now trying to recover from it by learning to at least live with it better, philoSOPHIA has arrived at the third and final issue of RETRO. The fact that this series ended up being framed by the turbulent temporality of the current pandemic is something that some future editors of (...) philoSOPHIA, too, might find worth remembering.For now, we return to the now-point, as expected. To that end, here we have assembled articles on historical, individual, and gendered stigmas and wounds and traumas, among others, focusing also on their relationships to existential time, namely, present moments that persist.We turn first to the pressing issue presented by “Shackling Pregnant Women: US Prisons, Anti-Blackness, and the Unfinished Project of American Abolition”: Brady Heiner offers a lucid “interpretation of the social meaning of shackling imprisoned pregnant women and its persistence despite widespread normative consensus in favor of its abolition,” a joltingly specific, haunting reminder of how deeply the legacy of slavery is embedded in the US criminal legal system and the ways in which American abolition remains an “unfinished project.”Finally, RETRO III marks an ending and a restart of another kind. As of this issue—or, rather, this volume—philoSOPHIA is transitioning from a biannual to an annual publication schedule. In recent years, the journal has transformed in various ways. In 2018, we adopted a new transContinental approach and, with it, a new subtitle. We have expanded to include different [End Page v] genres, media, and voices, always aiming to reflect on our current moment and rethink persistent feminist philosophical questions from divergent angles. Publishing one volume per year is, we are certain, the best way to sustain this breadth of inquiry and continue deepening our alliances with critical race, disability, literary, media, and queer studies, among other fields. As we restart, readers can expect us to keep pushing boundaries, as we always have, while maintaining the same high quality and standards. This is essentially a change in the journal’s format, not in its substance.Wound/stigma as process also emerged as a key notion in Retro III partly because of our preliminary editorial conversation with Annette-Carina van der Zaag about three years ago, who, in response to our call for proposals on “retro” themes, had proposed an idea of guest editing an issue. Although that plan unfortunately did not materialize as we dealt with various pandemic challenges still faced by so many of us on a daily basis, Annette did write a spirited article while encouraging some other colleagues to explore related ideas, for which we remain grateful. In this piece, “Touching Wounds: On the Fugitivity of Stigma,” which explores stigma’s queer-responsive “transformational energy,” van der Zaag articulates ways of “inhabiting” wounds on three registers—material, affective, and fugitive—as an open-ended, future-embracing pathway beyond identity-bound ontology. Ghalya Saadawi, in turn, in her engagingly autobiographical essay “Critical Incision: Hypochondria, Autotheory, and the Health-Illness Dialectic,” autotheoretically draws out “critical” energy from this critical “illness” of hers, hypochondria, to the effect of destabilizing the temporally linearized and medically coordinated discursive ideals of health and being/living well.Survival, at the end of the day, often requires some literal transcending. A case in point has been movingly portrayed and theorized by Na-Young Lee, a sociologist and justice activist who, in “Multiple Encounters and Reconstructed Identities,” revisits questions of historical trauma and collective stigma. Here, she introduces and reflects on her oral history interviews with Korean “Halmoni Activist-Survivors of Japanese Military Sexual Slavery as Postcolonial Subjects,” with whom she herself continues to fight in solidarity. Focusing on the stories of two foundational figures, “Yun Chung-ok, a leading scholar and activist who, having managed to escape the fate of many other peers, first spoke out about Japanese military sexual slavery, and Kim Bok-dong, a survivor and human rights activist,” Lee shows how “overcoming trauma and reaching out to others continues to drive the redress movement” and how “through mutually constructed identities, activist-survivors broke away from... (shrink)

Over the past two decades, Victor and Cullen’s (Adm Sci Q 33:101–125, 1988 ) typology of ethical climates has been employed by many academics in research on issues of ethical climates. However, little is known about how managerial practices such as communication and empowerment influence ethical climates, especially from a functional perspective. The current study used a survey of employees from Taiwan’s top 100 patent-owning companies to examine how communication and empowerment affect organizational ethical climates. The results confirm the relationship (...) between these two managerial practices and organizational ethical climates. We discuss our results and their implications for both future academic research and practice. (shrink)

This book explores Dostoevsky as a political thinker from his religious and philosophical foundation to nineteenth-century European politics and how themes that he had examined are still relevant for us today.

Modernity has not collapsed under the weight of postmodern criticisms. On the contrary, it has rebounded with greater vigour as witnessed by the emergence of new terms such as reflexive modernization, liquid modernity and multiple modernities. These terms suggest that modernity can no longer be conceptualized in the singular. Yet the pluralization of modernity does not necessarily imply that there is a new consensus about the meaning of modernity. The appearance of these terms can be regarded as specific attempts to (...) transcend postmodern critiques. Comparison of these new terms provides an understanding of their usage in the context of the decline of postmodernism and the direction of contests over the meaning of modernity. (shrink)