Building on earlier work on the relationship between corporate social performance (CSP) and a firm’s financial performance, this integrative empirical study supports the theoretical argument that the higher a firm’s CSP the lower its financial risk. Specifically, the relationship between CSP and risk appears to be one of reciprocal causality, because prior CSP is negatively related to subsequent financial risk, and prior financial risk is negatively related to subsequent CSP. Additionally, CSP is more strongly correlated with measures of market risk (...) than measures of accounting risk. Of all CSP measures, reputation for social responsibility appears to be the most important one in terms of its risk implications. (shrink)

Shadow of the Other is a discussion of how the individual has two sorts of relationships with an "other"--other individuals. The first regards the other as a s work apart is her brilliant utilization of a systematic dialectical approach to her subject, always maintaining the delicate balance between opposing tensions: masculinity and femininity, subjectivity and objectivity, passivity and activity, love and aggression, fantasy and reality, modernism and postmodernism, the intrapsychic and the intersubjective. Benjamin s work apart is her brilliant utilization (...) of a systematic dialectical approach to her subject, always maintaining the delicate balance between opposing other as a mental repository fo unwanted characteristics cast from the self. Jessica benjamin shows the implications of this dual relationship for male/female hierarchy and offers a possibility for balancing the two. This book continues the author's well-known explorations of the themes of intersubjectivity and gender, taking up issues at the forefront of contemporary debates in feminist theory and psychoanalysis. (shrink)

Repression has remained controversial for nearly a century on account of the lack of well-controlled evidence validating it. Here we argue that the conceptual and methodological tools now exist for a rigorous scientific examination of repression, and that a nascent cognitive neuroscience of repression is emerging. We review progress in this area and highlight important questions for this field to address.

The ArgumentThis article considers three major problems with the concept of genes for human personality traits: uncertainty about what human personality is; what we mean when we say there is a gene “for” a mental attribute; and the complexity of interactions between genes and environment, and among the genes themselves. It then draws on examples from empirical human genetic studies by the author and his colleagues in order to suggest that the concept of genes for human personality traits nevertheless does (...) have some validity, and also that we may be on the brink of discovering genes with major effects on human personality. This possibility, in particular its ethical aspects, has aroused some public concern. It is suggested that confidential information about an individual's genes does not differ in principle from other confidential information about him or her, and that the ability to affect genes and their expression, temporarily or permanently, does not differ ethically from our current ability to affect other aspects of an individual's physical and psychological functioning. Genes for potential offspring, contained in ova and sperm cells, constitute a special case. (shrink)

In lieu of an abstract, here is a brief excerpt of the content:Philosophy and Rhetoric 33.3 (2000) 286-290 [Access article in PDF] Letter to Lester Olson Jessica Benjamin Dear Lester Olson,I regret not having responded sooner to your communication. This is a matter of considerable importance to me, but you might imagine that it is difficult to read an analysis of events in which I was so involved that takes so little account of my/our point of view. Let me add, (...) after reading your response, that I do recognize that this is through no fault of your own, and as you indicated to me later, you assiduously strove to get more information. I believe it was Alfred Kazin who (I've heard) said that the movements of today make the dissertations of tomorrow. Since that is always a difficulty, I am sure that my experience is not singular. Unfortunately, in my view, the decontextualization of Audre Lorde's speech at that conference can serve to perpetuate the misunderstanding that underlay the destructive polarization that occurred at that time. To accept her view that the event was organized with no effort to include women of color by oblivious, racist white women is surely not what happened. In fact, the estrangement between white and black women at the time of the "Second Sex Conference" had much deeper causes (the enduring structures of racism in our country) for which I believe no individual could be held responsible.First, let me clarify an important fact. While we organizers of the conference invited numerous black and third world women to participate, we were consistently declined. For instance, Mary Helen Washington said she did not want to speak to an audience of only white women, and it was her experience that only white women came to feminist conferences. Indeed, at the time Michele Wallace, who probably would have been interested had she been available, was vociferously complaining about the lack of interest, indeed the rejection of feminism, among black women. Audre Lorde herself, one of our consultants, had been apprised of the participants for months and never named anyone who could participate. Similarly, Robin [End Page 286] Morgan had been consulted and had offered no suggestions of black participants. Yet ten days before the conference her young black protégé at Ms., Susan McHenry, appeared with a series of demands, including a list of black women she wished to see invited to the conference. Although I had met with Robin Morgan months before, she had never told me of Susan McHenry or proposed her as a participant, rather her interest had been focused on what would become the anti-pornography movement, similar to the interests of Kathy Barry who wrote about female sexual slaves. At the conference, Susan McHenry did speak; she expressed her indignation and outrage, and suggested that the entire conference was a racist gathering that should change direction and consider only the issue of racial exclusion.It is certainly true that the organizers were distressed by the same issue prior to the conference. After nearly a year of organizing, soliciting, and publishing open calls for participation, we were absolutely desperate to find participants who would reflect racial and ethnic groups other than white middle class. But in 1979 the institution of women's studies looked very different than it does now--feminism was a political movement not an academic institution, and only a few women in any university had become interested in it. And that does not even begin to address how few women, let alone black women, were in the universities in 1979!A second important point is that Audre Lorde was not speaking to an audience who disagreed with her; she was speaking to an audience who were already inflamed because they felt that certain identities had been left out of the conference. Despite the fact that it was an open conference, based on an open invitation--we had drawn scores of women to give workshops and papers whom we had never heard of--and despite the fact that we had organized the conference to address differences among women, the audience consisted of many women ready to protest... (shrink)

The recent financial crisis has revealed not only market failure and regulatory failure, but also failure of the narratives that inform the rules of financial law. The term ‘narrative’ is used to mean the deep structures of assumption which inform legal rules, but which are not always fully articulated in them, and which are most fully articulated in the case law. This article identifies three such narratives, namely the arm’s length, fiduciary and consumerist narratives. It finds that they are both (...) inconsistent in practice and inherently limited in their ability to deliver virtuous outcomes, and thereby to command the imaginative assent of the regulated community. A possible new narrative, relating to the netting arrangements on which the derivatives markets rely, and based on the concept of mutuality, is recommended for the future development of financial law. (shrink)