... shareholders, the owners ofthe firm's assets) And, as owners ofthe firm's assets, the shareholders have the right to remove the board of directors if they not fulfill their monitoring role One ofthe ... finds that (1) the profitability ofinsidertrading has increased; (2) there is no evidence of a decline in the frequency; (3) the volume oftrading by insiders has doubled; and (4) insiders have ... Bids, The Free Rider Problem and the Theory ofthe Corporation." Bell Journal of Economics 11:42-64 Haft, Robert J 1982 "The Effect ofInsiderTrading Rules on the Internal Efficiency ofthe Large...
... alarmist After the introduction ofthe law the number of donors did initially decrease, as did the number of DI births, and simultaneously the number of couples travelling to other European countries ... conclusion they cite statistics from the University Hospital of Northern Sweden, which had collected donor Wgures both before and after the introduction ofthe law These Wgures show that the number of ... than the parents imagine If this happens the chances of a breakdown in the relationship between the parents and the child, even to the extreme point where the child rejects the non-genetic father,...
... ideas of practice One visible sign of these developments has been the proliferation of codes ofethics or of professional conduct The drafting of such a code provides an opportunity for professionals ... as the nature of a profession, the function and value of codes of ethics, and the demands of confidentiality The subject matter of this volume, bankruptcy, raises issues common to a number of ... placed both the property and the body ofthe debtor, as well as those of his kin, in the hands ofthe creditor.2 The ancient creditor had the right to enslave or even kill the insolvent If the creditors...
... levels by the end of 2012 Under the treaty there are two main ways oftrading and pricing carbon emissions – cap and trade schemes and rate-based schemes These are both part ofthe regulated trading ... while in others the government may issue them free of charge At the end of each year each emitter surrenders to the government sufficient allowances to cover their actual emissions for the period ... and the nature ofthe process or other conditions of receipt The intention to sell or use the allowances links into the questions regarding provisions and assets in the books of emitters or traders...
... on the Revolution in France In his theory ofthe sublime Burke is a keen appreciator ofthe political effects of personal appearance The sublime, the aesthetic value of power, is an attribute of ... Some of these problems are the difficulty of measuring desert, the prospects of unwarranted coercive interventions in the lives of citizens, the impossibility of comparing the relative deserts of ... minimum” (Narveson 2002, p 143) There is the benefit, the bestower ofthe benefit, and the person who deserves the benefit The crucial factor is the person who bestows the benefit because she identifies...
... pre-Socratic Greece .The relationship of these themes to the work of Eric Havelock will be considered in the second section of Chapter The names of Plato (at least that ofthe author of Republic), Hegel, ... much of our interpretation ofthe Republic However, its exclusion ofthe Phaedrus is the subject of a sustained critique under the succeeding section heading The Birth of Philosophy out ofthe ... 34 TheEthicsof Writing Enemies, Jacques Derrida’s The Ear ofthe Other and Alan Megill’s Prophets of Extremity.6 The absence of Nietzsche from Popper’s work, understandable given the time of...
... Because of their disregard for consequences, deontological theories ofethics are similar to inherent aesthetic theories in that they both have little or no regard for the consequences ofthe experience ... increase the aesthetic value of a work Some people may use beauty as a negative aesthetic criterion within their TheEthicsof Aesthetics aesthetic perspective: the recognition of beauty within a work ... are the criteria for something to be good art?" 2.1 The Process of Aesthetic Judgement The process of aesthetic judgement is a conceptual model that describes how people decide on the quality of...
... after the trade (including the price impact due to the information in the trade) This cost can be interpreted as the profit realised by the other side ofthe trade, assuming they could lay off the ... offer at the time of order receipt and, for sell orders, as double the amount of difference between the midpoint ofthe consolidated best bid and offer at the time of order receipt and the execution ... represent the views ofthe UK or any other government, or the views of any ofthe organisations that have been involved in the work 1.4 Project scope The Project looks ten years into the future...
... the limits ofthe earth in an integrated way The flow of solar energy onto the planet sets the earth's energy budget for the movement of air and water, the growth and evolution of life, and the ... (LPI) as an indicator ofthe overall state ofthe earth's natural systems The LPI measures "natural wealth" the area of natural forest cover around the world, and the populations of freshwater and ... face the limits set by available water supply, nitrogen and trace minerals in the soil, and the stability and favorableness of weather The expansion of agriculture through the heavy use of synthetic...
... a smattering of philosophers of science It becomes clear that the philosophers of science are regarded by the majority ofthe other delegates as out of touch with the realities of scientific practice, ... between the word of a black man against that of a white girl (or perhaps that of her father who has brought the case to court), and there are those on the jury for whom the idea that the black ... the members ofthe jury stick with their prejudiced perception ofthe defendant, formed principally by the racial stereotypes ofthe day Atticus Finch challenges them to dispense with these prejudicial...
... Nonideal Theory Liam B Murphy TheEthicsof Killing Problems at the Margins of Life Jeff McMahan THEETHICSOF KILLING PROBLEMS AT THE MARGINS OF LIFE Jeff McMahan 2002 Oxford New York Athens Auckland ... not, begins when the chromosomes ofthe sperm fuse with the chromosomes ofthe ovum to form a new DNA complex that thenceforth directs the ontogenesis ofthe organism [T]he onset of individual ... simply of a collection of people related to one another in certain ways The nation has no existence independent ofthe existence ofthe people and their relations with one another Our concept of...
... THEETHICSOF PEACEBUILDING EDINBURGH STUDIES IN WORLD ETHICS Other titles in the series: TheEthicsof Peace and War Iain Atack TheEthicsofthe Global Environment Robin Attfield Ethics, ... Peacebuilding The Morality of Conflict Resolution: A Critique ofthe State System and its Management of Sub-national Conflict The Utility of Negotiation and Mediation The Virtue of Forgiveness The Value of ... examined the theoretical perspectives that could inform the activity of peacebuilding and assessed the role of critical theory in creating the space for theoretical reflection on the development of...
... how they conducted their work, and (2) how they viewed theethicsof recruitment of foreign-trained health professionals In this article we report our methods and an analysis ofthe findings of ... speculation of future return to some countries of origin: “we’re hearing that the Chinas and Indias ofthe world are starting to lure back some of their expatriate professionals they have Page of 11 ... But, while the UK’s Commonwealth Code of Practice Page of 11 (which remained until the adoption ofthe WHO Global Code of Practice on the International Recruitment of Health Personnel, the key referent...
... ,the Great the potential When we use the term “larger” ,we are referring to thethe height and the width ofthe price pattern The height measures the volatility ofthe pattern The width is the ... to the width ofthe channel Therefore, the trader has to simply measure the width ofthe channel and then project that amount from the point at which either trendline is broken 81 The larger the ... early stages of their development for the purpose oftrading in the direction of those trends 76 The fundamentalist studies the cause of market movement, while the technician studies the effect...
... (ed.): The Theory of Contract Law: New Essays Stephen R Munzer, ed.: New Essays in the Legal and Political Theory of Property Walter Schultz: The Moral Conditions of Economic Efficiency TheEthicsof ... Claiming Authority The Nature of Law 51 89 The Puzzle of Promise The Problem of Fair Play 103 140 Political Obligation The Nature of Deference 159 168 Index 185 part ii: theethicsof deference xii ... extends beyond the particular question of political obligation But the ethical theory is only partial, and the description ofthe theory forms a large part of its defense The theory is partial...
... – the issue ofthe legitimacy of state coercion – that poses the more radical problem in the event of divergence If law implicitly operates on a theory of legitimacy inconsistent with the theory ... rationalization is not the point: The point is the absence ofthe feeling of outrage that often is a better guide to an internalized moral theory than abstract discussions on the printed page The empirical ... suggested the principle of autonomy 10 part i: law’s morals assumes: the relevance of individual evaluation to the validity of its norms Much of this book is about the problems created for moral theory...
... developed in the chapters that follow As indicated in the preface, the two parts ofthe present study correspond to the two issues, one an issue of legal theory, the other an issue of political theory, ... question ofthe objectivity of legal standards in Chapter For the most part, however, the main theses in this study are independent ofthe debate about the objectivity of legal norms: The claims ... on the right because, once the law has spoken, one can predict the behavior of others and thus achieve coordination The reason for the action, however, is the practice; the law is merely the...
... “law,” then the capitalistic coercive order ofthe West is not law from the point of view ofthe Communist ideal of justice, nor the Communist coercive order ofthe Soviet Union from the point of ... decide) and the enforcement of those norms through the use ofthe state’s unique apparatus for imposing sanctions (the right to enforce) The minimal normative claim ofthe law is about both of these ... another instance of coordination The reasons one has to acknowledge the authority ofthe state are the same as those one has to acknowledge the authority ofthe policeman directing traffic or the...
... explanations for the force of promise capture convincingly the dimensions ofthe practice Consequentialist accounts focus on the harms caused by the breach of a promise – primarily the impact ofthe breach ... obligation, rather than moral because the lack of option in the case of law stems from the state’s claim of coercive authority, not from any claim of moral authority The fact that the right to ... Practical Difference Thesis) Most ofthe articles in Legal Theory volume 6, no (2000) also discuss Shapiro’s thesis The Nature of Law 93 the uncertainty of such standards, but on the fact that such...
... dispute: The will of one person, or group of persons, is opposed to mine, and the question is what theory might support deference to the wishes ofthe other, even if the action expected would otherwise ... system and the point of having the institution of promise – the manner in which one comes to acknowledge the value ofthe practice is irrelevant This point, about the tangential nature of voluntariness ... 122 part ii: theethicsof deference believe the content is justified), and they claim that they are morally entitled to enforce the law, even if they are wrong in their judgment about the content...