Lynn Stout, Pro-sociality, and the Campaign for Corporate Enlightenment

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Donald C. Langevoort

AbstractIn this brief essay, I want to call something Lynn Stout was passionate about: building a better account (both theoretical and empirical) of human nature and motivation. This was the subject of a book that extended well beyond the corporate world (Cultivating Conscience [2011]) and was implicit in her most complete set of thoughts about corporate governance, The Shareholder Value Myth (2012). Lynn understood that such a behavioral account was needed to support her theory of corporate purpose. The other CONVIVIUM contributions say little about this aspect of her work, so I am bringing her thoughts about human motivation frontstage.

2002 ◽  
Vol 26 (3) ◽  
pp. 119-151 ◽  
Author(s):  
Julie Froud ◽  
Sukhdev Johal ◽  
Karel Williams

This article aims to extend our understanding of the role of capital markets in present day capitalism. It starts from a critical examination of established terms, shareholder value, corporate governance and financialisation, before suggesting a new generic term, coupon pool capitalism. The second half aims to demonstrate that, unlike the other terms, the coupon pool concept distinctively emphasises the generation of contradictions and instabilities. Empirical evidence is used to support the concept and explore dynamics.


1979 ◽  
Vol 42 (2) ◽  
pp. 268-289 ◽  
Author(s):  
J. R. Marr

The sculptured frieze that forms the subject of this paper is carved on the main shrine of the Śiva temple at Tārācuram, 5 km. south of Kumpakonam, a provincial town in Thanjavur District, Tamilnadu. Narrative friezes of the great Indian epics are a quite usual feature of Hindu architectural ornament both in India and beyond. It is also the case that individual Tamil Śaiva saints, to whom the collective name in Tamil, Nāyaṉmār, sing. nāyaṉār, is applied, appear commonly in iconography in temples of the Tamil-speaking area. But the frieze at Tārācuram is exceptional in being a portrayal of the complete set of the 63 Nāyaṉmār as they figure in that closely-related group of Tamil medieval texts of which the most important is Cekkiḻār's Pěriya purāṇam. Indeed, as will be shown, it is difficult to avoid the conclusion that the Tārācuram frieze is virtually a set of illustrations to that work, and that the one would tend to confirm the date assumed for the other. Moreover, the various anomalies in Pěriya purānam, such as the total omission of Māṇikkavācakar and the reversing of the logical order of events in the case of Nāyaṉār 51 (N51), Kaḻaṟciṅka nāyaṉār and N54, Pukaḻttuṇai nāyaṉār, are precisely mirrored in the Tārācuram frieze.


2012 ◽  
Vol 7 ◽  
pp. 1-35
Author(s):  
Quynh Thuy Quach

AbstractDerivative actions have just been newly introduced into Vietnamese company law in 2010. The adoption of the derivative action is a striking signal of Vietnam's affiliation with the litigation bandwagon of East Asian countries. Unlike those Asian countries where the issue of the transplanting and functioning of derivative actions are well-discussed topics in the corporate governance literature, such discussions have not yet begun in Vietnam. In fact, the derivative action was adopted without a domestic academic debate to pave the way for its introduction. The lack of discussion on the one hand is troublesome to those who want to review the transplantation of the derivative action to Vietnam. On the other hand, this absence also detaches the Vietnamese academic debate from the on-going international debate on the subject.Seeking possible explanations for the absence of such debate is the first aim of this article. Towards this end, the article proposes three explanation which help to explain why the derivative action had never been widely discussed in Vietnam before its introduction. Such explanations enable us to better understand the context in which the action was introduced. Moreover, the explanations provide us with hints to predict the feasibility of the derivative action in the jurisdiction. The second aim of this article is to give some suggestions to improve the newly-adopted regulations on derivative actions. For this purpose, some of the ambiguities and deficiencies of the regulations are discussed. Based on the understanding of its surrounding context and its own deficiencies, the article comes up with conclusions on the future of the derivative action in Vietnam.


2017 ◽  
Vol 18 (36) ◽  
pp. 29-36
Author(s):  
Anastasia Christou

‘Classics in Hong Kong’ is not a phrase one comes across on a regular basis, so when I was asked to write this article on my experiences of teaching Classics in Hong Kong specifically and my perspective on Classics in Asia generally, I was delighted at the opportunity. I joined The Independent Schools Foundation Academy (The ISF Academy, Hong Kong) just over two years ago, having studied, trained and taught Classics in London previously. When the prospect arose of teaching the subject I love on the other side of the globe, it was an offer I could not refuse, out of curiosity if nothing else! Although my teaching experiences on my Asian adventure thus far have been quite different and often unfamiliar, I still passionately believe that Classics is equally important everywhere: appreciating the achievements of the ancients; questioning human nature and the world we live in; and learning from heroes and villains, mortals and immortals. After all, the Ancient Greeks and Romans played an important role both in the West and the East, with interaction between the civilisations across the ages; Alexander the Great's empire is of course one such example of the mutual intellectual, political and economic exchange between the western and eastern worlds.


1993 ◽  
Vol 12 (2) ◽  
pp. 221-241 ◽  
Author(s):  
Trudi C. Miller

To update the view of human nature that undergirds eighteenth-century British/American political economy, this article reviews literature from diverse subfields of psychobiology. Findings on the structure, function, and evolution of the human brain confirm the duality between reason and passion that is at the core of the science of Hobbes. Contemporary findings across fields indicate that people become emotionally attached to objects, including verbal abstractions, through experiences with pleasure and pain. In contrast, human reasoning is essentially scientific. The duality between passionate motivation and humanity's unique capacity for reasoning makes political science important. By applying the scientific method to the subject of politics, people can design institutions that channel quasi-rational behavior toward outcomes that are mutually beneficial, rather than mutually destructive. Defining human nature correctly is the key to political science, and Smith's addition of the passion of sympathy to Hobbes's narrow definition of human motivation is essential.


Author(s):  
S.R. Allegra

The respective roles of the ribo somes, endoplasmic reticulum, Golgi apparatus and perhaps nucleus in the synthesis and maturation of melanosomes is still the subject of some controversy. While the early melanosomes (premelanosomes) have been frequently demonstrated to originate as Golgi vesicles, it is undeniable that these structures can be formed in cells in which Golgi system is not found. This report was prompted by the findings in an essentially amelanotic human cellular blue nevus (melanocytoma) of two distinct lines of melanocytes one of which was devoid of any trace of Golgi apparatus while the other had normal complement of this organelle.


Author(s):  
Shamsul Nahar Abdullah ◽  
Ku Nor Izah Ku Ismail

This study investigates further the previous paper by Shamsul Nahar and Al-Murisi (1997) by examining the interactive effects of the variables in that paper and introducing other variables associated with corporate governance and political costs. The present study postulated that percentage of external directors on audit committee interacted with the presence of an accountant on audit committee and with the number of years an audit committee in existence, respectively, to influence audit committee effectiveness. The study also posited that the interaction of the presence of an accountant on audit committee and the number of years an audit committee in existence positively and significantly influenced audit committee effectiveness. Addition. ally, the roles of leadership structure, audit committee chairman, and a firm's size on audit committee effectiveness were also investigated. Using a multiple regression from a sample consisting the Kuala Lumpur Stock Exchange listed companies, results showed that only a firm's size significantly influenced audit committee effectiveness in the predicted direction. Other variables, on the other hand, did not show any significant influence on audit committee effectiveness.  


Moreana ◽  
2017 ◽  
Vol 54 (Number 207) (1) ◽  
pp. 36-56
Author(s):  
Gerard Wegemer

After establishing a context of More's lifelong engagement with the “calculus” of pleasure, this essay shows how the section devoted to the Utopians' pleasure philosophy is structured around five formulations of a “rule” to calculate “true and honest [honesta]” pleasure in ways that playfully imitate and echo the “rule” Cicero formulates several times in De officiis to discern one's duty when there seems to be a conflict between honestas et utilitas. When followed, the Utopian pleasure calculus shows the necessary role of societas, officii, iustitia, caritas, and the other aspects of human nature, most importantly friendship, that Cicero stresses in his rule and that he argued Epicurus ignored. Much of the irony and humor of this section depends on seeing the predominance of Ciceronian vocabulary in Raphael's unusual defense [patrocinium] of pleasure, rather than a Ciceronian defense of duty rooted in honestas. Throughout, however, this essay also shows how More goes beyond Cicero by including Augustinian and biblical allusions to suggest ways that our final end is not as Epicurus or the Stoics or Cicero claim; the language and allusions of this section point to a level of good cheer and care for neighbors and for God in ways quite different from any classical thinker.


2010 ◽  
Vol 4 (2) ◽  
pp. 135-156 ◽  
Author(s):  
Dorothea E. Schulz

Starting with the controversial esoteric employment of audio recordings by followers of the charismatic Muslim preacher Sharif Haidara in Mali, the article explores the dynamics emerging at the interface of different technologies and techniques employed by those engaging the realm of the Divine. I focus attention on the “border zone” between, on the one hand, techniques for appropriating scriptures based on long-standing religious conventions, and, on the other, audio recording technologies, whose adoption not yet established authoritative and standardized forms of practice, thereby generating insecurities and becoming the subject of heated debate. I argue that “recyclage” aptly describes the dynamics of this “border zone” because it captures the ways conventional techniques of accessing the Divine are reassessed and reemployed, by integrating new materials and rituals. Historically, appropriations of the Qur’an for esoteric purposes have been widespread in Muslim West Africa. These esoteric appropriations are at the basis of the considerable continuities, overlaps and crossovers, between scripture-related esoteric practices on one side, and the treatment by Sharif Haidara’s followers of audio taped sermons as vessels of his spiritual power, on the other.


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