Authentic Corporate Social Responsibility Based on Authentic Empowerment: An Exemplary Business Leadership Case

Authors Dillon, Back, and Manz examine the underpinnings of genuine or authentic Corporate Social Responsibility (CSR), noting the direct nexus between stakeholder empowerment and the socially-responsible actions of authentic leaders. Such an empowering leadership approach– involving structural, psychological, developmental, and financial components – is particularly exemplified by a family-owned (Back) wine and cheese company (Fairview Trust), situate in South Africa

Geoneutrinos in Borexino

This paper describes the Borexino detector and the high-radiopurity studies and tests that are integral part of the Borexino technology and development. The application of Borexino to the detection and studies of geoneutrinos is discussed.Comment: Conference: Neutrino Geophysics Honolulu, Hawaii December 14-16, 200

Observation of mixed anisotropy in the critical susceptibility of an ultrathin magnetic film

Measurements of the magnetic susceptibility of Fe/W(110) films with thickness in the range of 1.6 to 2.4 ML Fe, show that in addition to the large response along the easy axis associated with the Curie transition, there is a much smaller, paramagnetic hard axis response that is not consistent with the 2D anisotropic Heisenberg model used to describe homogeneous in-plane ferromagnets with uniaxial anisotropy. The shape, amplitude, and peak temperature of the hard axis susceptibility, as well as its dependence upon layer completion close to 2.0 ML, indicate that inhomogeneities in the films create a system of mixed anisotropy. A likely candidate for inhomogeneities that are magnetically relevant in the critical region are the closed lines of step edges associated with the incomplete layers. According to the Harris criterion, the existence of magnetically relevant inhomogeneities may alter the critical properties of the films from those of a 2D Ising model. Experiments in the recent literature are discussed in this context.Comment: 9 two-column pages, 6 figures. This replacement has a new title and abstract, and one additional figur

Optimal control of predictive mean-field equations and applications to finance

We study a coupled system of controlled stochastic differential equations (SDEs) driven by a Brownian motion and a compensated Poisson random measure, consisting of a forward SDE in the unknown process $X(t)$ and a \emph{predictive mean-field} backward SDE (BSDE) in the unknowns $Y(t), Z(t), K(t,\cdot)$. The driver of the BSDE at time $t$ may depend not just upon the unknown processes $Y(t), Z(t), K(t,\cdot)$, but also on the predicted future value $Y(t+\delta)$, defined by the conditional expectation $A(t):= E[Y(t+\delta) | \mathcal{F}_t]$. \\ We give a sufficient and a necessary maximum principle for the optimal control of such systems, and then we apply these results to the following two problems:\\ (i) Optimal portfolio in a financial market with an \emph{insider influenced asset price process.} \\ (ii) Optimal consumption rate from a cash flow modeled as a geometric It\^ o-L\' evy SDE, with respect to \emph{predictive recursive utility}