This study examines whether and how the presence of managerial hedging opportunities, which allows executives to reduce the sensitivity of their equity-based compensation to the firm’s stock price performance, affects firms’ corporate social responsibility (CSR) activities. We find a significant and negative relationship between the presence of managerial hedging opportunities and firms’ CSR performance. The effect of managerial hedging opportunities on CSR performance is more pronounced for CEOs with greater personal hedging needs. Additionally, the effect is weakened if firms limit (...) corporate insiders from trading exchange-listed options. Overall, this study suggests that allowing managers to delink their equity-based compensation from firm stock price performance through hedging their personal portfolios can lead to unexpected consequences for firms’ CSR performance. (shrink)

This book offers a novel perspective on abduction. It starts by discussing the major theories of abduction, focusing on the hybrid nature of abduction as both inference and intuition. It reports on the Peircean theory of abduction and discusses the more recent Magnani concept of animal abduction, connecting them to the work of medieval philosophers. Building on Magnani's manipulative abduction, the accompanying classification of abduction, and the hybrid concept of abduction as both inference and intuition, the book examines the problem (...) of visual perception together with the related concepts of misrepresentation and semantic information. It presents the author's views on caricature and the caricature model of science, and then extends the scope of discussion by introducing some standard issues in the philosophy of science. By discussing the concept of ad hoc hypothesis generation as enthymeme resolution, it demonstrates how ubiquitous the problem of abduction is in all the different individual scientific disciplines. This comprehensive text provides philosophers, logicians and cognitive scientists with a historical, unified and authoritative perspective on abduction. (shrink)

This book offers a historical explanation of important philosophical problems in logic and mathematics, which have been neglected by the official history of modern logic. It offers extensive information on Gottlob Frege’s logic, discussing which aspects of his logic can be considered truly innovative in its revolution against the Aristotelian logic. It presents the work of Hilbert and his associates and followers with the aim of understanding the revolutionary change in the axiomatic method. Moreover, it offers useful tools to understand (...) Tarski’s and Gödel’s work, explaining why the problems they discussed are still unsolved. Finally, the book reports on some of the most influential positions in contemporary philosophy of mathematics, i.e., Maddy’s mathematical naturalism and Shapiro’s mathematical structuralism. Last but not least, the book introduces Biancani’s Aristotelian philosophy of mathematics as this is considered important to understand current philosophical issue in the applications of mathematics. One of the main purposes of the book is to stimulate readers to reconsider the Aristotelian position, which disappeared almost completely from the scene in logic and mathematics in the early twentieth century. (shrink)

Nickles (2016, 2017, forthcoming) raises many original objections against scientific realism. One of them holds that scientific realism originates from the end of history illusion. I reply that this objection is self-defeating and commits the genetic fallacy. Another objection is that it is unknowable whether our descendants will regard our current mature theories as true or false. I reply that this objection entails skepticism about induction, leading to skepticism about the world, which is inconsistent with the appeal to the end (...) of history illusion. Finally, I argue that we have an inductive rationale for thinking that our descendants will regard our current mature theories as true. (shrink)

After decades of intense debate over the old pessimistic induction (Laudan, 1977; Putnam, 1978), it has now become clear that it has at least the following four problems. First, it overlooks the fact that present theories are more successful than past theories. Second, it commits the fallacy of biased statistics. Third, it erroneously groups together past theories from different fields of science. Four, it misses the fact that some theoretical components of past theories were preserved. I argue that these four (...) problems entitle us to construct what I call the grand pessimistic induction that since the old pessimistic induction has infinitely many hidden problems, the new pessimistic induction (Stanford, 2006) also has infinitely many hidden problems. (shrink)

The current study presents the findings of an empirical inquiry into the effects of Confucian ethics and collectivism, on individual whistleblowing intentions. Confucian Ethics and Individualism–Collectivism were measured in a questionnaire completed by 343 public officials in South Korea. This study found that Confucian ethics had significant but mixed effects on whistleblowing intentions. The affection between father and son had a negative effect on internal and external whistleblowing intentions, while the distinction between the roles of husband and wife had a (...) positive effect on those intentions. The effects of collectivism were also different depending on the specific types of collectivism. Horizontal collectivism had a positive effect on both types of whistleblowing intentions, whereas vertical collectivism did not show any significant effects on whistleblowing intentions. These results indicate that cultural traits such as Confucian ethics and collectivism may affect an individual’s whistleblowing intentions in degree and direction, making blanket predictions about cultural effects on whistleblowing difficult. (shrink)

The purpose of this study was to explore the motivational structures of external whistleblowers involved in the decision to blow the whistle by applying MEC theory and the laddering technique. Using both soft and hard laddering methods, data were collected from 37 Korean external whistleblowers. Results revealed that the means-end chain of external whistleblowers was the hierarchical linkage among two concrete attributes, two functional consequences, and one terminal value. The extant whistleblowing literature has either made assumptions about whistleblowers’ motivations when (...) developing models or has drawn indirect inferences from measures of other variables. Our study is the first with an explicit and empirical focus on whistleblowers’ motivations. The findings provide evidence of the motivational structures of external whistleblowers that consist of a set of complex paths linked by multi-layered motivators. This research will be helpful in designing and reviewing whistleblowing programs for organizations, regulatory agencies, and journalists. (shrink)

In order to address the influence of unethical leader behaviors in the form of abusive supervision on subordinates’ retaliatory responses, we meta-analytically examined the impact of abusive supervision on subordinate deviance, inclusive of the role of justice and power distance. Specifically, we investigated the mediating role of supervisory- and organizationally focused justice and the moderating role of power distance as one model explaining why and when abusive supervision is related to subordinate deviance toward supervisors and organizations. With 79 independent sample (...) studies, we found that abusive supervision was more strongly related to supervisory-focused justice, compared to organizationally focused justice perceptions, and both types of justice perceptions were related to target-similar deviance. Finally, our results showed that the negative implications of abusive supervision were stronger in lower power distance cultures compared to higher power distance cultures. (shrink)

Business Ethics: A European Review, EarlyView.

Do chief financial officers (CFOs) of publicly held corporations agree with the Institute of Management Accountants' (IMA) Standards of Ethical Conduct and are they willing to adopt them? To address these issues, a survey was conducted concerning the Standards. The IMA issued the Pronouncement of Standards in June, 1982.In November, 1992, 790 survey questionnaires were mailed to chief financial officers (CFOs) of corporations listed in Forbes. These CFOs held the positions of vice president of finance and controller. Completed questionnaires were (...) received from 208 CFOs representing a 26.3% response rate. The questionnaire employed a 5-point Likert scale and included seven demographic questions to facilitate the interpretation of the findings. (shrink)

I defend a new position in philosophy of mathematics that I call mathematical inferentialism. It holds that a mathematical sentence can perform the function of facilitating deductive inferences from some concrete sentences to other concrete sentences, that a mathematical sentence is true if and only if all of its concrete consequences are true, that the abstract world does not exist, and that we acquire mathematical knowledge by confirming concrete sentences. Mathematical inferentialism has several advantages over mathematical realism and fictionalism.

The current study examined the longitudinal relationships between goal contents and academic cheating (serious versus minor cheating) among representative college students. Based on the framework of goal contents theory within self-determination theory, wealth, fame, affiliation, self-growth, social-concern, and leisure goals were tested as predictive factors of two types of academic cheating. Participants were 2,360 representative college students from the Korean Education Longitudinal Study majoring in business, humanities, social sciences, engineering, education, arts, and medicine. They answered survey questionnaires twice at 1-year (...) intervals. Hierarchical regression analysis found that self-growth negatively predicted serious as well as minor cheating, and the wealth goal was positively correlated with minor cheating after controlling for previous cheating behaviors and gender. The results support goal contents theory and show that classifying academic cheating by severity permits a deeper understanding of students’ academic cheating. Educators and practitioners seeking to encourage students’ ethical behavior should pay closer attention to the goal contents they pursue to provide appropriate guidelines. (shrink)

The Fourth Industrial Revolution has become a global buzz word since the World Economic Forum adopted it as an annual issue in 2016. It is represented by hyper automation and hyper connectivity based on artificial intelligence, big data, robotics, and Internet of things. AI, big data, and robotics can contribute to developing hyper automation that can increase productivity and intensify industrial production. Particularly, robots using AI can make decision by themselves as human being on complicated processes. Along with the hyper (...) automation, the hyper connectivity increases not only at national, but also global level by using information and communication technologies. IoT is the core technology to create the hyper connectivity in Cyber Physical System that connects technology, nature, and human being. Accordingly, a perfect convergence between ICT and manufacturing can be completed in the Fourth Industrial Revolution era and an extremely efficient flexible production system by spreading IoT in CPS will be established. Under such a condition, innovative clusters must play their traditional roles in cradles of technology innovation and commercialization. It must be difficult challenges for innovative clusters to meet their targets and to be adjusted by the changing new environment at the same time. This paper argues how the Fourth Industrial Revolution can change the global production chain and how core technologies function in industries. Furthermore, it focuses on how innovative clusters have to evolve to respond the Fourth Industrial Revolution. Last, but not least it also analyzes whether or not innovative clusters can play their roles as technology innovation hubs in the real world and CPS in the Fourth Industrial Revolution era. (shrink)

Scientific antirealism, the view that successful theories are empirically adequate, is untenable in light of the problem of unobserved anomalies that since past scientists could not observe the anomalies that caused the replacement of past theories with present theories, present scientists also cannot observe the anomalies that will cause the replacement of present theories with future theories. There are several moves that antirealists would be tempted to make to get around the problem of unobserved anomalies. All of them, however, are (...) problematic. (shrink)

Indispensablists argue that when our belief system conflicts with our experiences, we can negate a mathematical belief but we do not because if we do, we would have to make an excessive revision of our belief system. Thus, we retain a mathematical belief not because we have good evidence for it but because it is convenient to do so. I call this view ‘ mathematical convenientism.’ I argue that mathematical convenientism commits the consequential fallacy and that it demolishes the Quine-Putnam (...) indispensability argument and Baker’s enhanced indispensability argument. (shrink)

Saatsi’s minimal realism holds that science makes theoretical progress. It is designed to get around the pessimistic induction, to fall between scientific realism and instrumentalism, and to explain the success of scientific theories. I raise the following two objections to it. First, it is not clear whether minimal realism lies between realism and instrumentalism, given that minimal realism does not entail instrumentalism. Second, it is not clear whether minimal realism can explain the success of scientific theories, given that it is (...) doubtful that theoretical progress makes success likely. In addition to raising these two objections, I develop and criticize a new position that truly falls between realism and instrumentalism. (shrink)

The wider the gap between rivaling positions, the more there can be debates between rivaling interlocutors. The gap between the respective formulations of scientific realism and antirealism that invoke the Prussian conception of rationality is wider than the gap between the respective formulations of scientific realism and antirealism that invoke the English conception of rationality. Therefore, scientific realists and antirealists should choose the former over the latter as the framework of their debate.

This article examines the interaction between grammar and multimodal resources by analyzing reported speech in Korean multiparty face-to-face interaction. The operation of two relevancy rules — minimization and recognition in interaction — is examined together with how the absence or presence of grammar is complemented by multimodal resources of various sorts. For the analysis, three categories are posited depending on who the quoted character is in the talk. In quoting oneself or co-participants in the talk, syntactic resources, prosody, sequential organization (...) and embodied participant frameworks collaborate in the interactional management of the quote without overt realization of grammatical resources traditionally proposed for building quotations in Korean. The multimodal character of quoted speech is most weakly realized when quoting a non-present character, not only because of the limitation in body and spatial resources available in the local context to recover various referential terms, but more importantly, because the interactional project that the parties are engaged in makes a distancing device such as the quotative particle -ko relevant. This study provides evidence for the intricate interaction between multimodal resources and grammar through investigation of an important realm of human interaction, that of reported speech. (shrink)

This study aimed to validate career decision ambiguity tolerance scale-Korean form applicable to a Korean sample. In study 1, 17 items from the original 18-item career decision ambiguity tolerance scale were valid based on IRT. In study 2, using the confirmatory factor analysis, we showed that excluding item 4 from the original scale is better than including it in the three factors model. Given the results of study 1 and 2, the constructs in the 17-item career decision ambiguity tolerance scale-Korean (...) form were valid. In study 3, career decision ambiguity tolerance positively predicted career decision-making self-efficacy, career indecision, and career adaptability respectively, after controlling for calling and career search self-efficacy. Thus, the incremental validity of the career decision ambiguity tolerance scale-Korean form was ensured. In study 4, the reliability of the scale was retained as the test-retest (conducted over a 4-week period) demonstrated adequate results. (shrink)

Looking at the current discourse on how to teach disaster, one apparent gap is that the scientific aspect of disaster is discussed and taught mostly in isolation from its human aspect. Disaster educators seem to be primarily interested in addressing issues such as social vulnerability, community resilience, personal action-related knowledge and emotion rather than the scientific basis of disasters, whereas science educators often fail to make connections between the scientific accounts of disasters and the social and political contexts that surround (...) them. In this theoretical paper, I claim that this disconnect is problematic and that overcoming it is a key to understanding and teaching disaster in a more nuanced and comprehensive manner. Drawing primarily on science and technology studies (STS) on disaster, I explore the potential of interpreting disasters as failures of socio-technical systems, which helps us unearth the inner workings of the complex network of science, technology and society in the wake of calamities. STS challenges the dichotomous understanding of the material and social worlds and takes a view that they shape each other to constitute socio-technical systems. Taking such an approach to disaster allows a synthetic understanding of the natural, technological and human-made disasters that we are faced with in the age of uncertainty and complexity. Based on the ideas of STS and examples of recent disasters in East Asian countries, I argue that disaster education and science education can cross-pollinate in tackling the post-disaster hardship and cultivating responsible citizens. (shrink)

Scientific progress can be credited to creative scientists, who constantly ideate new theories and experiments. I explore how the three central positions in philosophy of science – scientific realism, scientific pessimism, and instrumentalism – are related to the practical issue of how scientists’ creativity can be fostered. I argue that realism encourages scientists to entertain new theories and experiments, pessimism discourages them from doing so, and instrumentalism falls in between realism and pessimism in terms of its effects on scientists’ creativity. (...) Therefore, scientists should accept realism and reject both pessimism and instrumentalism for the sake of scientific creativity and progress. (shrink)

Using video recordings of one-on-one writing conferences as data, this conversation analytic study provides a sequential analysis of student-initiated question–answer sequences and demonstrates that the building of social interaction is contingent upon the composition of a turn as well as its position in the larger sequence. In particular, the article focuses on the distinct sequential environments in which students use yes/no interrogatives and yes/no declaratives. In the context of writing conference, the epistemic asymmetry between the participants is made relevant throughout (...) the session; in general, the teacher is in a more knowledgeable position, whereas the student is in a less knowledgeable position concerning writing practices. Nonetheless, students invoke a different degree of knowledge gap between the participants by using different forms of polar questions. This article illustrates how students convey their epistemic positions with different syntactic structures and how such distinct positions are ratified in the unfolding sequence. The analysis of this study contributes to finding new aspects of question–answer sequences and pedagogical practices. (shrink)

There are many views about the structure of concepts, a plausible one of which is the theory-theory. Though this view is plausible for concrete concepts, it is unclear that it would work for abstract concepts, and then for moral concepts. The goal of this paper is to provide a plausible theory-theory account for moral concepts and show that it is supported by results in the moral psychology literature. Such studies in moral psychology do not explicitly contend for the theory-theory of (...) moral concepts, but I demonstrate that they actually do provide evidence for the use of theory knowledge at times in moral categorization and decision-making. In philosophy of cognitive science, I newly show that there is evidence that the theory-theory does apply to some moral concepts. (shrink)