Results for 'epistemic virtue, risk managment, organizational learning, JPMorgan's London Whale trading losses'

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  1.  42
    JPMorgan's 'London Whale' Trading Losses: A Tale of Human Fallibility.Lisa Warenski - 2024 - In Joakim Sandberg & Lisa Warenski (eds.), The Philosophy of Money and Finance. Oxford, UK: Oxford University Press. pp. 129-47.
    Good epistemic practices are essential to the well-functioning of organizations. Epistemic practices are adopted norms, policies, procedures, and general methodologies that further our epistemic aims or realize our epistemic values. This chapter argues for the importance of organizational good epistemic practices through an analysis of the failures of risk management implicated in JPMorgan’s notorious ‘London Whaletrading losses, which roiled the financial markets in 2012. A number of these failures (...)
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  2.  68
    Organizational Good Epistemic Practices.Lisa Warenski - 2024 - Journal of Business Ethics 124 (3):485-500.
    Epistemic practices are an important but underappreciated component of business ethics; good conduct requires making epistemically sound as well as morally principled judgments. Well-founded judgments are promoted by epistemic virtues, and for organizations, epistemic virtues are arguably achieved through organizational good epistemic practices. But how are such practices to be developed? This paper addresses this normative and practical challenge. The first half of the paper explains what organizational good epistemic practices are and outlines (...)
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  3.  44
    Whale Watching on the Trading Floor: Unravelling Collusive Rogue Trading in Banks.Hagen Rafeld, Sebastian G. Fritz-Morgenthal & Peter N. Posch - 2020 - Journal of Business Ethics 165 (4):633-657.
    Recent history reveals a series of rogue traders, jeopardizing their employers’ assets and reputation. There have been instances of unauthorized acting in concert between traders, their supervisors and/or firms’ decision makers and executives, resulting in collusive rogue trading. We explore organizational misbehaviour theory and explain three major collusive rogue trading events at National Australia Bank, JPMorgan with its London Whale and the interest reference rate manipulation/LIBOR scandal through a descriptive model of organizational/structural, individual and (...)
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  4. Epistemic Vices in Organizations: Knowledge, Truth, and Unethical Conduct.Christopher Baird & Thomas S. Calvard - 2019 - Journal of Business Ethics 160 (1):263-276.
    Recognizing that truth is socially constructed or that knowledge and power are related is hardly a novelty in the social sciences. In the twenty-first century, however, there appears to be a renewed concern regarding people’s relationship with the truth and the propensity for certain actors to undermine it. Organizations are highly implicated in this, given their central roles in knowledge management and production and their attempts to learn, although the entanglement of these epistemological issues with business ethics has not been (...)
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  5.  6
    Can Good Information Prevent Misconduct? The Role of Organizational Epistemic Virtues for Ethical Behavior.Marco Meyer & Tong Li - forthcoming - Journal of Business Ethics:1-16.
    This study explores epistemic virtue as a new lens to scrutinize organizational behavior. Organizational epistemic virtues are the qualities of organizations that support the creation, sharing, and retaining of knowledge. We study how well organizations handle information and if that can prevent organizational misconduct. We propose a theoretical framework to link epistemic virtue to the prevention of misconduct and test this model using data from 822 U.S. companies. These companies are scored on six (...) virtues by analyzing over one million online employee reviews using natural language processing. We focus on the epistemic virtues of curiosity, epistemic beneficence, epistemic justice, epistemic integration, humility, and open-mindedness. We find that companies with these virtues engage in less corporate misconduct, measured in terms of the number of penalties imposed by government agencies. We also give practitioners a framework to assess the epistemic virtues of organizations. (shrink)
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  6.  22
    Institutional review boards: A flawed system of risk management.Simon N. Whitney - 2016 - Research Ethics 12 (4):182-200.
    Institutional Review Boards and their federal overseers protect human subjects, but this vital work is often dysfunctional despite their conscientious efforts. A cardinal, but unrecognized, explanation is that IRBs are performing a specific function – the management of risk – using a flawed theoretical and practical approach. At the time of the IRB system’s creation, risk management theory emphasized the suppression of risk. Since then, scholars of governance, studying the experience of business and government, have learned that (...)
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  7.  42
    Epistemic Virtues and Vices as Attitudes: Implications for Empirical Measures and Virtue Interventions.Stacey E. McElroy-Heltzel - 2022 - Journal of Philosophical Research 47:83-94.
    In this paper I remark on Tanesini’s (2021) account of intellectual humility and servility as attitudes, with a focus on how this proposal intersects with the psychology literature on intellectual humility. I begin by discussing the implications this may have for empirical measures of intellectual humility, including concerns that some current measures seem to do a better job of capturing dispositional limitations-owning than virtuous intellectual humility. Additionally, I raise concerns that excluding interpersonal features and a motivation to learn from conceptualizations (...)
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  8.  25
    The virtue of simplicity: On machine learning models in algorithmic trading.Kristian Bondo Hansen - 2020 - Big Data and Society 7 (1).
    Machine learning models are becoming increasingly prevalent in algorithmic trading and investment management. The spread of machine learning in finance challenges existing practices of modelling and model use and creates a demand for practical solutions for how to manage the complexity pertaining to these techniques. Drawing on interviews with quants applying machine learning techniques to financial problems, the article examines how these people manage model complexity in the process of devising machine learning-powered trading algorithms. The analysis shows that (...)
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  9. Moral and Amoral Conceptions of Trust, with an Application in Organizational Ethics.Marc A. Cohen & John Dienhart - 2013 - Journal of Business Ethics 112 (1):1-13.
    Across the management, social science, and business ethics literatures, and in much of the philosophy literature, trust is characterized as a disposition to act given epistemic states—beliefs and/or expectations about others and about the risks involved. This characterization of trust is best thought of as epistemological because epistemic states distinguish trust from other dispositions. The epistemological characterization of trust is the amoral one referred to in the title of this paper, and we argue that this characterization is conceptually (...)
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  10.  53
    Automated opioid risk scores: a case for machine learning-induced epistemic injustice in healthcare.Giorgia Pozzi - 2023 - Ethics and Information Technology 25 (1):1-12.
    Artificial intelligence-based (AI) technologies such as machine learning (ML) systems are playing an increasingly relevant role in medicine and healthcare, bringing about novel ethical and epistemological issues that need to be timely addressed. Even though ethical questions connected to epistemic concerns have been at the center of the debate, it is going unnoticed how epistemic forms of injustice can be ML-induced, specifically in healthcare. I analyze the shortcomings of an ML system currently deployed in the USA to predict (...)
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  11. Readymades in the Social Sphere: an Interview with Daniel Peltz.Feliz Lucia Molina - 2013 - Continent 3 (1):17-24.
    Since 2008 I have been closely following the conceptual/performance/video work of Daniel Peltz. Gently rendered through media installation, ethnographic, and performance strategies, Peltz’s work reverently and warmly engages the inner workings of social systems, leaving elegant rips and tears in any given socio/cultural quilt. He engages readymades (of social and media constructions) and uses what are identified as interruptionist/interventionist strategies to disrupt parts of an existing social system, thus allowing for something other to emerge. Like the stereoscope that requires two (...)
     
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  12.  44
    Diversity Management Efforts as an Ethical Responsibility: How Employees’ Perceptions of an Organizational Integration and Learning Approach to Diversity Affect Employee Behavior.Tanja Rabl, María del Carmen Triana, Seo-Young Byun & Laura Bosch - 2018 - Journal of Business Ethics 161 (3):531-550.
    This paper integrates the inclusion and organizational ethics literatures to examine the relationship between employees’ perceptions of an organizational integration and learning approach to diversity and two employee outcomes: organizational citizenship behavior toward the organization and interpersonal workplace deviance. Findings across two field studies from the USA and Germany show that employees’ perceptions of an organizational integration and learning approach to diversity are positively related to perceived organizational ethical virtue. Perceived organizational ethical virtue further (...)
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  13.  98
    Managing corporate ethics: learning from America's ethical companies how to supercharge business performance.Francis Joseph Aguilar - 1994 - New York: Oxford University Press.
    Managers often ask why their firm should have an ethics program, especially if no one has complained about unethical behavior. The pursuit of business ethics can cost money, they say. It can lose sales to less scrupulous competitors and can drain management time and energy. But as Harvard business professor Francis Aguilar points out, ethics scandals (such as over Beech-Nut's erzatz "apple juice" or Sears's padded car repair bills) can severely damage a firm, with punishing legal penalties, bad publicity, and (...)
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  14.  46
    Narcissism Project and Corporate Decay.Howard S. Schwartz - 1991 - Business Ethics Quarterly 1 (3):249-268.
    Organizational participants learn that "getting ahead" in organizational life comes from dramatizing a fantasy about the organization's perfection. The fantasy is the return to narcissism, in which the organization and its highest participants are seen as the center of a loving world. Since the return to narcissism is impossible, orienting the organization to the dramatization of this fantasy means that the organization loses touch with reality. The result is organizational decay-a condition of systemic ineffectiveness. Organizational decay (...)
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  15.  38
    Epistemology, Moral Philosophy and Optimism: A Comparative Analysis Between Managers and their Subordinates.Mohammed Y. A. Rawwas, Hadi Abdul-Rahman Hammoud & Karthik N. S. Iyer - 2019 - Business and Society Review 124 (1):5-42.
    The process of making ethical judgments is much more complex than studying only personal moral philosophy variables (idealism and relativism). The renewed interest in epistemic values (virtue and vice epistemology) in contemporary philosophy has shown significant relevance to understanding ethical behavior and such values may be better predictors than studying only idealism and relativism. The purpose of this exploratory study is to examine employees’ personal moral philosophies, optimism, epistemic values, and various organizational unethical practices as compared to (...)
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  16.  53
    The Influence of Ethical Beliefs and Attitudes, Norms, and Prior Outcomes on Cybersecurity Investment Decisions.Partha S. Mohapatra, Mary B. Curtis, Sean R. Valentine & Gary M. Fleischman - 2023 - Business and Society 62 (3):488-529.
    Recent data breaches underscore the importance of organizational cybersecurity. However, the high costs of such security can force chief financial officers (CFOs) to make difficult financial and ethical trade-offs that have both business and societal implications. We employ a 2 × 2 randomized experiment that varies both an observed scenario CFO’s investment decision (invest/not invest in security) and organizational outcomes (positive/negative) to investigate these trade-offs. Participant managers assess the observed CFO’s investment behavior and indicate their own intentions to (...)
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  17.  55
    An Introduction of Epistemology to Business Ethics: A Study of Marketing Middle-Managers. [REVIEW]Mohammed Y. A. Rawwas, Surendra Arjoon & Yusuf Sidani - 2013 - Journal of Business Ethics 117 (3):525-539.
    A vast majority of marketing theory and research has focused on relativism and idealism in order to understand ethical behavior. However, making ethical assessments that in turn influence behavior is much more complicated than it appears. One of the most important developments in contemporary philosophy has been the renewed interest in epistemic virtue. Epistemologists contend that belief is an ethical process that is susceptible to the intellectual virtue or vice of one’s own life and personal experiences. Open-mindedness, curiosity, careful (...)
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  18.  20
    Can Effective Risk Management Signal Virtue-Based Leadership?Karen A. Campbell - 2015 - Journal of Business Ethics 129 (1):115-130.
    Using exploratory factor analysis on a unique dataset of global executives, we find that their perceptions of their national government’s risk management effectiveness are largely driven by two latent factors: leadership virtue, and governance. We show that the leadership virtue signal is potentially a stronger signal. We hypothesize that this may be because making decisions and taking actions to manage risk is a continuous process requiring inter alia foresight and moral discipline in looking to the interests of others (...)
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  19.  45
    Linking Altruism and Organizational Learning Capability: A Study from Excellent Human Resources Management Organizations in Spain.Jacob Guinot, Ricardo Chiva & Fermín Mallén - 2016 - Journal of Business Ethics 138 (2):349-364.
    The new features of the business environment have expanded the concept of organizational learning capability. In today’s competitive business environment, OLC has been recognized as an essential means to gain a sustainable competitive advantage. However, the effective development of that capability has not been sufficiently analyzed in the organizational learning literature. Prompted by a recent paradigm shift in the organizational sciences, this research explores the link between altruism and OLC testing a wider picture that includes two intermediate (...)
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  20.  76
    Superstition and belief as inevitable by-products of an adaptive learning strategy.Jan Beck & Wolfgang Forstmeier - 2007 - Human Nature 18 (1):35-46.
    The existence of superstition and religious beliefs in most, if not all, human societies is puzzling for behavioral ecology. These phenomena bring about various fitness costs ranging from burial objects to celibacy, and these costs are not outweighed by any obvious benefits. In an attempt to resolve this problem, we present a verbal model describing how humans and other organisms learn from the observation of coincidence (associative learning). As in statistical analysis, learning organisms need rules to distinguish between real patterns (...)
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  21.  61
    Integrated risk management and global business ethics.Alejo Jose´ Sison - 2000 - Business Ethics, the Environment and Responsibility 9 (4):288–295.
    The key concept in Business Ethics has changed from ‘corporate social responsibility’ to ‘integrated risk‐management’. This change, first wrought by American laws, has been extended to other countries through globalization. The most important laws concern corruption, anti‐trust, consumer safety, environmental protection and insider‐trading. The ‘Federal Corporate Sentencing Guidelines’ have particularly been helpful in identifying and valuing business risks. The author proposes a ‘next‐generation’ Business Ethics integrating personal, professional and organizational ethics in the context of an institutionalized, country‐sensitive (...)
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  22.  72
    Evaluating epistemic virtues.Daniel Coren - 2019 - Synthese 198 (2):1569-1578.
    Epistemic conservatism says that an agent is in some measure justified in maintaining a belief simply in virtue of the fact that the agent has that belief. In his new book On Evidence in Philosophy, William Lycan argues that there is no special objection to EC that does not also impugn the other epistemic virtues. In a forthcoming Synthese piece, Daniel Coren argues that, for us as we are, EC cannot be evaluated. Coren does not discuss Lycan, and (...)
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  23.  45
    Top Management Team Characteristics and Organizational Virtue Orientation: An Empirical Examination of IPO Firms.Robert E. Evert, G. Tyge Payne, Curt B. Moore & Michael S. McLeod - 2018 - Business Ethics Quarterly 28 (4):427-461.
    ABSTRACT:Despite extensive research on organizational virtue, our understanding about factors that promote virtue within organizations remains unclear. Drawing on upper echelon theory, we examine the relationship between five top management team characteristics and organizational virtue orientation —the integrated set of values and beliefs that support ethical traits and virtuous behaviors of an organization. Specifically, we utilize prospectuses of initial public offering firms and 10-K post-IPO filings to explore how TMT composition with respect to member age, tenure, education, functional (...)
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  24.  17
    Organisational integrity as an epistemic virtue.Marco Meyer - 2024 - In Muel Kaptein (ed.), Research Handbook on Organisation Integrity. Cheltenham: Edward Elgar Publishing. pp. 377–392.
    Integrity is often conceived as a moral virtue that pertains to the coherence between one’s moral convictions and actions, as well as consistency in convictions over time. By contrast, I argue that integrity is primarily an epistemic virtue. To act with integrity, an individual or organisation must engage in responsible inquiry; that is, the collection, processing, sharing, and storage of information in ways that promote truth. Organisational structures such as division of labour and hierarchy present challenges to responsible inquiry, (...)
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  25.  77
    The question of organizational consciousness: Can organizations have values, virtues and visions? [REVIEW]Peter Pruzan - 2001 - Journal of Business Ethics 29 (3):271 - 284.
    It is common for organizational theorists as well as business practitioners to speak of an organization''s visions, strategies, goals and responsibilities. This implies that collectivities have competencies normally attributed to individuals, i.e. to reflect, evaluate, learn and make considered choices. The article provides a series of reflections on the concept of consciousness in an organizational context. It is argued that, under certain conditions, it is both meaningful and efficacious to ascribe the competency for conscious and intentional behavior to (...)
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  26.  7
    The business ethics twin-track: combining controls and culture to minimise reputational risk.Steve Giles - 2015 - Chichester, West Sussex: Wiley.
    Institute a proactive reputational management framework that matches individual behaviour to organizational values The Business Ethics Twin-Track is a practical guide to reputational risk management. A deep exploration of the concept of reputation, the ways in which it can suffer, and the consequences when it does, the book outlines an ethics controls framework that can mitigate risk and improve business performance. Readers will learn how to identify and manage weaknesses, and how to institute a system of governance (...)
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  27.  13
    Albert Einstein’s Epistemic Virtues and Vices.Vladimir P. Vizgin - 2021 - Epistemology and Philosophy of Science 58 (4):175-195.
    The article is based on the concepts of epistemic virtues and epistemic vices and explores A. Einstein’s contribution to the creation of fundamental physical theories, namely the special theory of relativity and general theory of relativity, as well as to the development of a unified field theory on the basis of the geometric field program, which never led to success. Among the main epistemic virtues that led Einstein to success in the construction of the special theory of (...)
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  28.  84
    What can we learn from the U.s. Federal sentencing guidelines for organizational ethics.Dove Izraeli & Mark S. Schwartz - 1998 - Journal of Business Ethics 17 (9-10):1045-1055.
    In November, 1991, the U.S. Congress enacted the U.S. Federal Sentencing Guidelines legislation which had a dramatic impact on corporate America. Can the Guidelines be used as a model or framework by other countries? Could other countries in the world benefit from adopting a similar piece of legislation? Are there any limitations to consider? In addressing these issues, the authors make the argument that the time has arrived for other countries to consider the development of legislation similar to the Guidelines (...)
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  29.  8
    Organizational moral learning: a communication approach.Ryan S. Bisel - 2018 - London: Routledge, Taylor & Francis Group.
    Rethinking organizational ethics training -- Moral intuition: advances in moral psychology and neuroscience -- The social intuitionist model -- Communication and the new organizational ethics -- How cultur(ing) works -- Pluralistic moral ignorance and spirals of silent misdirection -- Here-and-now ethics talk in the workplace -- Sensemaking and identity: what to expect from moral reasoning -- Substituting here-and-now ethics talk -- Organizational learning and organizational communication -- From individual moral intuition to organizational moral learning -- (...)
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  30. Climate Risk Management.Klaus Keller, Casey Helgeson & Vivek Srikrishnan - 2021 - Annual Review of Earth and Planetary Sciences 49:95–116.
    Accelerating global climate change drives new climate risks. People around the world are researching, designing, and implementing strategies to manage these risks. Identifying and implementing sound climate risk management strategies poses nontrivial challenges including (a) linking the required disciplines, (b) identifying relevant values and objectives, (c) identifying and quantifying important uncertainties, (d) resolving interactions between decision levers and the system dynamics, (e) quantifying the trade-offs between diverse values under deep and dynamic uncertainties, (f) communicating to inform decisions, and (g) (...)
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  31.  49
    Decolonization Projects.Cornelius Ewuoso - 2023 - Voices in Bioethics 9.
    Photo ID 279661800 © Sidewaypics|Dreamstime.com ABSTRACT Decolonization is complex, vast, and the subject of an ongoing academic debate. While the many efforts to decolonize or dismantle the vestiges of colonialism that remain are laudable, they can also reinforce what they seek to end. For decolonization to be impactful, it must be done with epistemic and cultural humility, requiring decolonial scholars, project leaders, and well-meaning people to be more sensitive to those impacted by colonization and not regularly included in the (...)
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  32.  53
    Epistemic virtues and transparency.Hilan Bensusan & Manuel De Pinedo - 2011 - Croatian Journal of Philosophy 11 (3):257-266.
    Transparency is commonly held to be a property of one’s beliefs: it is enough for me to examine an issue to establish my beliefs about it. Recent challenges to first-person authority over the content of one’s beliefs potentially undermine transparency. We start considering some consequences in terms of variations of Moore’s paradox. Then we study cases where, in the process of acquiring and managing beliefs, one pays excessive attention to how reliable, empirically adequate, coherent, or widely accepted they are from (...)
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  33. Greek Returns: The Poetry of Nikos Karouzos.Nick Skiadopoulos & Vincent W. J. Van Gerven Oei - 2011 - Continent 1 (3):201-207.
    continent. 1.3 (2011): 201-207. “Poetry is experience, linked to a vital approach, to a movement which is accomplished in the serious, purposeful course of life. In order to write a single line, one must have exhausted life.” —Maurice Blanchot (1982, 89) Nikos Karouzos had a communist teacher for a father and an orthodox priest for a grandfather. From his four years up to his high school graduation he was incessantly educated, reading the entire private library of his granddad, comprising mainly (...)
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  34.  25
    Risk Management Practices of Health Research Ethics Committees May Undermine Citizen Science to Address Basic Human Rights.Penelope Hawe, Samantha Rowbotham, Leah Marks & Jonathan Casson - 2022 - Public Health Ethics 15 (2):194-199.
    Lack of supportive workplaces may be depriving babies and mothers of the health advantages of breastfeeding. This citizen science pilot project set out to engage women in photographing and sharing information on the available facilities for breastfeeding and expressing and storing breastmilk in Australian workplaces. While some useful insights were gained, the project failed in the sense that 234 people ‘liked’ the project Facebook page set up to recruit participants, but only nine photographs were submitted. The heaviest loss of participation (...)
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  35.  29
    Incorporating Value Trade-offs into Community-Based Environmental Risk Decisions.Robin S. Gregory - 2002 - Environmental Values 11 (4):461-488.
    Although much attention has been given to the role of community stakeholders in developing environmental risk- management policies, most local and national initiatives are better known for their failings than their successes. One reason for this continuing difficulty, we contend, is a reluctance to address the many difficult value trade-offs that necessarily arise in the course of creating and evaluating alternative risk- management options. In this paper we discuss six reasons why such trade-offs are difficult and, for each, (...)
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  36. Trading spaces: Computation, representation, and the limits of uninformed learning.Andy Clark & S. Thornton - 1997 - Behavioral and Brain Sciences 20 (1):57-66.
    Some regularities enjoy only an attenuated existence in a body of training data. These are regularities whose statistical visibility depends on some systematic recoding of the data. The space of possible recodings is, however, infinitely large type-2 problems. they are standardly solved! This presents a puzzle. How, given the statistical intractability of these type-2 cases, does nature turn the trick? One answer, which we do not pursue, is to suppose that evolution gifts us with exactly the right set of recoding (...)
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  37.  29
    How Gender Diversity Shapes Cities: Evidence from Risk Management Decisions in REITs.Avis Devine, Isabelle Jolin, Nils Kok & Erkan Yönder - 2024 - Journal of Business Ethics 189 (4):723-741.
    In this paper, we study the impact of CEO and board gender diversity on the risk management decisions of 179 U.S. Real Estate Investment Trusts (REITs) during the 2001–2018 period. Using a bottom-up analysis on the properties in REIT portfolios, we find significant risk reduction associated with gender-diverse REIT leadership. We document that REITs with a woman CEO, in combination with more women on the board, display less active trading and a longer hold period for assets. In (...)
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  38.  2
    Global Supply Chain Resilience and Risk Management: Navigating a Fragile System.Dr Anita Desai - 2023 - Journal of Philosophical Criticism 6 (2):235-244.
    _In today's hyperconnected world, global supply chains underpin international trade and economic prosperity. However, these complex networks are inherently vulnerable to disruptions, exposing businesses and societies to significant risks. This article delves into the concept of global supply chain resilience, exploring its importance, key principles, and practical risk management strategies. Drawing upon diverse perspectives from social sciences, it analyzes the economic, political, and environmental factors that contribute to supply chain fragility, highlighting the need for multi-faceted approaches to building resilience._.
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  39.  27
    HIPPA, privacy and organizational change: a challenge for management.Bradley K. Jensen, Melinda Cline & Carl S. Guynes - 2007 - Acm Sigcas Computers and Society 37 (1):12-17.
    Organizational change surrounding the security of identifiable health information has become imperative. This is a significant challenge for managers who are held responsible for loss of privacy through faulty security procedures. Management cannot completely secure the organization and still provide employees and customers with the information and services they need. Organizations must decide how much and what type of security they need, how to assign priorities, and how to manage security as the organization evolves in a competitive environment.
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  40.  9
    Uncommon accountability: a radical new approach to greater success and fulfillment.Brian Moran - 2021 - Hoboken, New Jersey: Wiley. Edited by Michael Lennington.
    Accountability is the bedrock upon which all lasting success is built. It is the necessary virtue for both individuals, and organizations, to realize their full potential. Accountability enables learning and growth, improves well-being, reduces stress, and drives results. But what if nearly everyone is wrong about the true nature of accountability? What if we have substituted something else it it's place, something that works to improve short-term results, but limits long term organizational health and success? What if the widespread (...)
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  41.  84
    Teaching & Learning Guide for: Belief‐Desire Explanation.Nikolaj Nottelmann - 2012 - Philosophy Compass 7 (1):71-73.
    This guide accompanies the following article: Nikolaj Nottelmann, ‘Belief‐Desire Explanation’. Philosophy Compass Vol/Iss : 1–10. doi: 10.1111/j.1747‐9991.2011.00446.xAuthor’s Introduction“Belief‐desire explanation” is short‐hand for a type of action explanation that appeals to a set of the agent’s mental states consisting of 1. Her desire to ψ and 2. Her belief that, were she to φ, she would promote her ψ‐ing. Here, to ψ could be to eat an ice cream, and to φ could be to walk to the ice cream vendor. Adherents (...)
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  42. Understanding scientists' computational modeling decisions about climate risk management strategies using values-informed mental models.Lauren Mayer, Kathleen Loa, Bryan Cwik, Nancy Tuana, Klaus Keller, Chad Gonnerman, Andrew Parker & Robert Lempert - 2017 - Global Environmental Change 42:107-116.
    When developing computational models to analyze the tradeoffs between climate risk management strategies (i.e., mitigation, adaptation, or geoengineering), scientists make explicit and implicit decisions that are influenced by their beliefs, values and preferences. Model descriptions typically include only the explicit decisions and are silent on value judgments that may explain these decisions. Eliciting scientists’ mental models, a systematic approach to determining how they think about climate risk management, can help to gain a clearer understanding of their modeling decisions. (...)
     
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  43.  21
    Exploring the mechanisms behind farmers’ perceptions of nutrient loss risk.Elizabeth R. Schwab, Robyn S. Wilson & Margaret M. Kalcic - 2021 - Agriculture and Human Values 38 (3):839-850.
    Harmful algal blooms in Lake Erie’s western basin are caused in large part by nutrient loss from agricultural production. While use of nutrient management practices is encouraged to reduce agricultural nutrient loss and its consequent environmental impacts, such practices are not universally adopted. This study aims to better understand the factors that influence western Lake Erie basin farmers’ risk perceptions associated with agricultural nutrient loss, and thus further our knowledge of how adoption of nutrient management practices may be increased. (...)
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  44.  9
    Stakeholder engagement in managing systemic risk management.Francesca Iandolo, Antonio La Sala, Lorenzo Turriziani & Francesco Caputo - forthcoming - Business Ethics, the Environment and Responsibility.
    This paper employs the interpretative lens provided by stakeholder theory to garner novel insights for research and managerial practices within the framework of high-reliable organizations (HROs). It proposes an interpretative matrix for analyzing and explaining how stakeholders’ behaviors and interactions can transition from a “strategic” to a “responsibility” approach in the context of risk management. The paper adopts a qualitative methodology based on a case study of the Italian Civil Protection—an HRO—during the COVID-19 pandemic. Through the analysis of institutional (...)
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  45. Learning Organizations and Their Role in Achieving Organizational Excellence in the Palestinian Universities.Mazen J. Al Shobaki, Samy S. Abu Naser, Youssef M. Abu Amuna & Amal A. Al Hila - 2017 - International Journal of Digital Publication Technology 1 (2):40-85.
    The research aims to identify the learning organizations and their role in achieving organizational excellence in the Palestinian universities in Gaza Strip. The researchers used descriptive analytical approach and used the questionnaire as a tool for information gathering. The questionnaires were distributed to senior management in the Palestinian universities. The study population reached (344) employees in senior management is dispersed over (3) Palestinian universities. A stratified random sample of (182) workers from the Palestinian universities was selected and the recovery (...)
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  46.  9
    Reducing the risk of NHS disasters.Edwin Jesudason - 2024 - Journal of Medical Ethics 50 (7):482-488.
    How could we better use public inquiries to stem the recurrence of healthcare failures? The question seems ever relevant, prompted this time by the inquiry into how former nurse Letby was able to murder newborns under National Health Service care. While criminality, like Letby’s, can be readily condemned, other factors like poor leadership and culture seem more often regretted than reformed. I would argue this is where inquiries struggle, in the space between ethics and law—with what is awful but lawful. (...)
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    Influence of Ambidextrous Learning on Eco-Innovation Performance of Startups: Moderating Effect of Top Management’s Environmental Awareness.Shi-Zheng Huang, Jian-Ying Lu, Ka Yin Chau & Hai-Liang Zeng - 2020 - Frontiers in Psychology 11.
    Ecological innovation is an inevitable trend for firms to enhance competitiveness and sustainably operate in the context of green economy. The previous literature has rarely discussed the influence of ambidextrous learning on the eco-innovation performance of startups and ignored the moderating effect of top management’s environmental awareness from the perspective of microscopic psychology. We have conducted a questionnaire survey on 212 firms established within 4 years in the Pearl River Delta of China, using the structure mode and the PROCESS by (...)
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  48. Impact of Empowering Leadership, Innovative Work, and Organizational Learning Readiness on Sustainable Economic Performance: An Empirical Study of Companies in Russia during the COVID-19 Pandemic.B. Faulks, Y. Song, M. Waiganjo, B. Obrenovic & Danijela Godinić - 2021 - Sustainability 22 (13).
    The COVID-19 pandemic shocked the global economy, with numerous companies suffering losses and shutting down. However, some companies proved to be resilient, being able to sustain their economic performance despite the pandemic. The study aims to explain the sustainable economic performance of companies during the COVID-19 pandemic. The relationships between empowering leadership, innovative work behavior, organizational readiness to change, and sustainable economic performance were assessed. The data were collected via an online questionnaire from January 2021 to March 2021, (...)
     
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  49. Moral Responsibility for Systemic Financial Risk.Jakob Moggia - 2019 - Journal of Business Ethics 169 (3):461-473.
    This paper argues that some of the major theories in current business ethics fail to provide an adequate account of moral responsibility for the creation of systemic financial risk. Using the trading of credit default swaps (CDS) during the 2008 financial crisis as a case study, I will formulate three challenges that these theories must address: the problem of risk imposition, the problem of unstructured collective harm and the problem of limited knowledge. These challenges will be used (...)
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  50. Management of business risks of wholesale companies.Igor Kryvovyazyuk - 2023 - Economic Forum 1 (2):81-90.
    This article describes the peculiarities of the formation and modeling of the enterprise risk management system in modern conditions. The main purpose of the research is further development of theoretical and methodical principles and development of practical recommendations aimed at improvement of management of business risks of wholesale enterprises. The critical analysis of literature sources and approaches to solving problems of enterprise risk management testifies to the lack of attention of scientists of the present-day to the investigated problem (...)
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