Organizational Mortality of Small Firms: The Effects of Entrepreneurial Age and Human Capital

This paper addresses the issue of internal determination of organizational outcomes. It is argued that in small and simply structured organizations a considerable proportion of the variance in organizational activities and outcomes is associated with individuals. In particular, the paper uses human capital theory to derive hypotheses about individual determinants of organizational mortality. These hypotheses are tested with event-history data of firm registrations and de-registrations in a West German region. The hypotheses are corroborated by the data, but the effects may nonetheless be due to processes linking individual characteristics with organizational performance other than those suggested by the human capital approach

Dynamic Career Models and Inequality Research: A Reexamination of the Sørensen Model

This article presents a reexamination of the Sørensen model. This model derives the pattern of individual careers from structural considerations. If longitudinal data on individual careers are available, Sørensen's model provides two methods to infer the underlying structural parameter. This structural parameter gives a useful measure for unequal career chances. An implementation of these methods, using firm data, shows, however, that they lead to contradictory conclusions; this is shown to be the result of some unrealistic assumptions Sørensen uses in his derivation. Some more realistic assumptions are suggested that produce reasonable results. Finally, it is shown that despite these modifications, the main conclusions of the Sørensen model are preserved. This seems to be promising for future work with this model

How individual was conscience in the early-modern period? Observations on the development of Catholic moral theology

This article investigates how the notion of individual conscience has to be understood within the early-modern development of Catholic moral theology. It highlights that 16th-century Catholic theologians continued to understand conscience mainly in Thomist terms as a rational judgment. Yet they also came to investigate more deeply questions of intention and individual circumstances that might interfere with the perfect execution of moral reasoning. Particular emphasis is given to the question of probabilism and whether this new method of analyzing moral agency provided a stepping stone towards a more individualized conception of conscience, as some intellectual historians have contended. The article argues that whilst probabilism sharpened the awareness for problems of conscience, this development cannot be disconnected from the culture of counsel of conscience, inscribed into the fundamentally Thomist definition of it