808 research outputs found

    On the Determinants of Social Capital in Greece Compared to Countries of the European Union

    Get PDF
    Social capital refers to the stock of social relations, based on norms and networks of cooperation and trust that spill over to the market and state to enhance collective action between actors and achieve improved social efficiency and economic growth. The aim of the present paper is to discuss the implications of contemporary literature and empirical findings on social capital for the growth prospects of Greece, compared to the member-states of the European Union. In order to examine the potential of social capital to enhance growth, we must look into the factors that determine the nature and context of trust, norms and networks that have emerged in our multinational, multiethnic and multicultural Europe.The contribution of this paper is to offer insight on the determinants of social capital in Greece, compared to the European Union (EU - former 15 member-states). For this purpose, we regress an index of individual group membership, derived from the European Community Household Panel (ECHP), on a set of individual as well as aggregate factors of social capital. Regression results provide evidence of the impact of both individual and institutional characteristics on group membership. Differences on the extent of group membership between countries might be indicative of the historical and cultural differences that have affected the evolution of social capital across Europe. Particularly in Greece, the relatively low level of group membership compared to the other EU countries might provide further evidence of its low levels of civicness. Historically, its weak civil society has been a result of a prior civic tradition of clientelism under arbitrary rule, the interference of special-interest groups and the lack of credibility and impartiality from the part of the state. And these factors might be responsible for the slow pace in reform and growth observed compared to the rest of the EU. Nevertheless, the findings on the determinants of social capital may direct us to possible means of rebuilding patterns of participatory and cooperative behavior, especially in countries with low levels of trust and civicness, such as Greece.Determinants, Social capital in Greece, European union, Diversity

    Law Firms, Ethics, and Equity Capital: A Conversation

    Get PDF
    The correspondence collected here represents an effort to start a conversation. Pending legislation in the United Kingdom, based on what is known as the Clementi Report, would permit non-lawyer equity investment in law firms, subject to regulatory oversight. In other words, UK law firms could become publicly-traded businesses. This legislation has been proposed as part of reforms heralded as improving the delivery of legal services to consumers. By contrast, such investment in law firms is forbidden by ethical rules in the United States. What will happen when the two countries with the most dominant global law firms begin to move along such different paths? Australia already allows such investment, but the prospect of major UK firms raising capital in the equity markets has the potential to produce seismic shifts in the global market for legal services. It also could have far-reaching implications for the legal profession that we can only dimly anticipate. Until now, there has been remarkably little discussion -- especially in the United States -- about the possible effects of the UK legislation. This paper attempts to redress that situation. It consists of an exchange among Bruce MacEwen, an expert on law firm economics and editor of the on-line publication Adam Smith, Esq.; Mitt Regan, a Professor at Georgetown University Law Center, an expert on the legal profession; and Larry Ribstein, a Professor at the University of Illinois College of Law, an expert on partnership law

    The UltraS: an emerging social movement

    Get PDF
    In recent years, there has been a rise in the conflict between the Italian police forces and football fans. This situation is a result of the resurgence of the UltraS (the S capital is a neologism of this study to suggest neo-fascist oriented fans' and to differentiate them from the wider hardcore football supporters -ultra’). However, despite their popularity among the Italian curve (football terraces), the UltraS have been the subject of fairly little ethnographic research. This paper is the result of ethnographic research conducted continuously between 2003-2006 and updated from 2007 to the first part of 2009. The research sought to evaluate the UltraS phenomenon via an examination of the internal and external dynamics of two nationally well-known groups located in the Italian capital of Rome (the Italian centre of the political power). The groups are the Boys Roma and the Irriducibili of Lazio who enact their performances on their respective curve (football terraces) of the city’s Olympic stadium. The present paper argues that the ideological alliance between the UltraS of Lazio and Roma (followed as example by other UltraS groups throughout Italy) , the death of Lazio fan Gabriele Sandri in 2007 (and concomitant violent UltraS’ reaction against the police) together with the existence of the UltraS Italia (a national organisation which unites the main Italian Ultras groups) are all elements that signify the beginning of a common meaningful opposition to the perceived repressive Italian State. Most importantly these elements appears indicating the UltraS as an emerging social movement

    Social Criticism and the Exclusion of Ethics

    Get PDF
    Abstract As Axel Honneth has recently noted, the critical concerns of social philosophers during the past three decades have been focused primarily on questions of justice, with ethical issues about the human good being largely excluded. In the first section I briefly explore this exclusion in both ‘Anglo-American’ political philosophy and ‘German’ critical theory. I then argue, in the main sections, that despite this commitment to their exclusion, distinctively ethical concepts and ideals can be identified both in Rawls’s Theory of Justice and in Habermas’s Theory of Communicative Action, taking these as exemplary, representative texts for each theoretical school. These ethical elements, and their implications for the critical evaluation of economic institutions, have gone largely unnoticed. In the final section I indicate the kinds of debates that might be generated, were these to be given the attention they arguably deserve. I focus especially on the significance of empirical issues, and hence on the role of social science in social criticism.</jats:p

    The Corporate Social Responsibility Debate

    Get PDF
    The purpose of this study is to evaluate the arguments concerning corporate social responsibility (CSR). The two sides of the debate are stakeholder theory and shareholder theory. Proponents of stakeholder theory support providing for the discretionary expectations of society. On the other hand, advocates of shareholder theory maintain that businesses should simply obey the law and maximize shareholder wealth. Although CSR is enthusiastically espoused by many social progressives, it is not a panacea for society’s ills. The conclusion of this study is that corporations should focus on legally maximizing shareholder wealth based on ethical principles. CSR should only be pursued if doing so accomplishes this function

    Spiritual scriptures impact on six ethical models influencing organizational practices

    Get PDF
    Moral issues greet the business community constantly, confronting us with problems on handling accounting rules that can determine a company's future. We are bombarded with news regarding fraudulent activities in companies that mishandled accounting rules leading to undermining the confidence of customers, employees, suppliers, shareholders and the community. Dealing with ethical issues is often perplexing and without the benefits of a decision making model underlined by ethical positions we may be apt to repeat our old ways. Further, value and belief systems are often times absent and not connected to a decision making model in a useful manner. We argue for a modification of decision-making models that has been accepted in companies with stronger links with ethics and morality. With this aim we propose a return to the base values of Buddhism, Christianity, Hinduism, Judaism, and Islam by scriptures, underlying six dominant ethical approaches that drive practices in organizations

    The Decline of the Virginia (and American) Death Penalty

    Get PDF
    The American death penalty is disappearing. Death sentences and executions have reached the lowest levels seen in three decades. Even the states formerly most aggressive in pursuit of death sentences have seen death sentences steadily decline. Take Virginia, which has the highest rate of executions of any death penalty state, and which has executed the third highest number of prisoners since the 1970s. How times have changed. There has not been a new death sentence in Virginia since 2011. Only seven counties have imposed death sentences in the past decade in Virginia. There are now two or fewer trials a year at which a judge or jury considers imposing the death penalty. Still more surprising, at over one half of those trials the judge or jury chooses a sentence of life without parole (eleven of twenty-one cases from 2005 to 2015 at which there was a capital sentencing hearing resulted in a life sentence). Why is this happening-and in Virginia of all places? In this study, I examine every capital trial from 2005 to 2015-twenty-one trials-and I compare a group of twenty capital trials from 1996 to 2004. The law on the books has not meaningfully changed. However in 2004, the legislature created regional defense resource centers to handle capital cases. From 1996 to 2004, the crucial sentencing phase, at which the judge or jury decided whether to impose the death penalty, was typically cursory, averaging less than two days long. In the more recent trials, the average was twice that-four days-and still more striking was the increase in the numbers of defense witnesses called, the greater use of expert witnesses, and the added complexity of sentencing proceedings. Improved capital defense resources may explain this sharp and sudden decline in death sentences. North Carolina, which created a similar state capital defense resource office, experienced a decline that tracks Virginia\u27s, and yet in states like Florida, lacking statewide defense resources, the rate with which death sentences are imposed has remained fairly stable. This evidence: (1) raises heightened Eighth Amendment arbitrariness concerns with the scattered state of the American death penalty, including that death sentences may result from local failures to provide adequate defense resources; (2) demonstrates that those same failures implicate Sixth Amendment ineffective assistance of counsel claims in individual cases and in systematic challenges in states that fail to provide adequate resources; and (3) strongly supports the establishment of statewide capital-and non-capital-public defender offices

    Developing an Understanding of Positive and Negative Organizational Ethics by Watching Scenes from the Greatest Hollywood Business Movies

    Get PDF
    It is proposed to use scenes from Hollywood’s greatest movies about business for the purpose of developing an understanding of positive and negative organizational ethics. Five lists of “greatest business movies” are enumerated, and the overlapping movies are specified in the final list. An evaluation form is developed, and the movies are singled out for their ethical dilemmas and resolutions. The conclusion notes that studying carefully selected positive and negative role models as depicted by Hollywood films can create an improved organizational climate for all
    corecore