The benefit stance: responsible ownership in the twenty-first century

2020 ◽  
Vol 36 (2) ◽  
pp. 341-361 ◽  
Author(s):  
Frederick H Alexander
Keyword(s):  
Lived Experience ◽  
First Century ◽  
Real Economy ◽  
Shareholder Primacy ◽  
Benefit Corporation ◽  
Corporation Law ◽  
Responsible Ownership ◽  
Investment Models ◽  
Asset Managers

Abstract Ownership in the global equities markets is dominated by large institutions that manage the savings of beneficiaries with long investment horizons. These asset managers rely on incomplete investment models that betray the interests of their beneficiaries and threaten their collective future. The models encourage individual companies to compete without regard for health of the critical social and environmental systems that support the long-term value of those beneficiaries’ diversified portfolios and lived experience. These naïve models ignore the growing cost of profit-driven negative externalities. This article examines the latest models of benefit corporation law, a new form of governance that overturns the rule of shareholder primacy, and argues that their principles should be expanded to cover the entire chain of investing, from savers to funds to asset managers and finally to the real economy.

The Many Faces of Socioeconomic Change

2017 ◽  
Author(s):  
John Toye
Keyword(s):  
Socioeconomic Development ◽  
Adam Smith ◽  
First Century ◽  
Social Progress ◽  
Long Time ◽  
The Face ◽  
Scientific Expertise ◽  
The Many ◽  
Century Development

This book provides a survey of different ways in which economic sociocultural and political aspects of human progress have been studied since the time of Adam Smith. Inevitably, over such a long time span, it has been necessary to concentrate on highlighting the most significant contributions, rather than attempting an exhaustive treatment. The aim has been to bring into focus an outline of the main long-term changes in the way that socioeconomic development has been envisaged. The argument presented is that the idea of socioeconomic development emerged with the creation of grand evolutionary sequences of social progress that were the products of Enlightenment and mid-Victorian thinkers. By the middle of the twentieth century, when interest in the accelerating development gave the topic a new impetus, its scope narrowed to a set of economically based strategies. After 1960, however, faith in such strategies began to wane, in the face of indifferent results and general faltering of confidence in economists’ boasts of scientific expertise. In the twenty-first century, development research is being pursued using a research method that generates disconnected results. As a result, it seems unlikely that any grand narrative will be created in the future and that neo-liberalism will be the last of this particular kind of socioeconomic theory.

The geography of climate migration

2021 ◽  
pp. 1-37
Author(s):  
Michał Burzyński ◽  
Frédéric Docquier ◽  
Hendrik Scheewel
Keyword(s):  
Climate Change ◽  
International Migration ◽  
First Century ◽  
Long Term Effects ◽  
Mobility Data ◽  
Rural And Urban ◽  
Working Age ◽  
Internal Mobility ◽  
Almost All

Abstract In this paper, we investigate the long-term effects of climate change on the mobility of working-age people. We use a world economy model that covers almost all the countries around the world, and distinguishes between rural and urban regions as well as between flooded and unflooded areas. The model is calibrated to match international and internal mobility data by education level for the last 30 years, and is then simulated under climate change variants. We endogenize the size, dyadic, and skill structure of climate migration. When considering moderate climate scenarios, we predict mobility responses in the range of 70–108 million workers over the course of the twenty-first century. Most of these movements are local or inter-regional. South–South international migration responses are smaller, while the South–North migration response is of the “brain drain” type and induces a permanent increase in the number of foreigners in OECD countries in the range of 6–9% only. Changes in the sea level mainly translate into forced local movements. By contrast, inter-regional and international movements are sensitive to temperature-related changes in productivity. Lastly, we show that relaxing international migration restrictions may exacerbate the poverty effect of climate change at origin if policymakers are unable to select/screen individuals in extreme poverty.

scholarly journals Applying Responsible Ownership to Advance SDGs and the ESG Framework, Resulting in the Issuance of Green Bonds

2021 ◽  
Vol 13 (13) ◽  
pp. 7331
Author(s):  
Gudrun Erla Jonsdottir ◽  
Throstur Olaf Sigurjonsson ◽  
Ahmad Rahnema Alavi ◽  
Jordan Mitchell
Keyword(s):  
Collective Action ◽  
Governance Mechanism ◽  
Theoretical Contribution ◽  
Energy Company ◽  
Ownership Strategy ◽  
Development Goals ◽  
Virtuous Cycle ◽  
Responsible Ownership ◽  
Social Causes

This study aimed to contribute to the strand of literature encompassing governance, sustainability, and stakeholder theory by addressing an inchoate element of responsible ownership: collective action by different stakeholders. Our study’s originality rests on the introduction of an ownership strategy as a governance mechanism for collective action and responsible ownership in order to implement the United Nations Sustainable Development Goals (SDGs) and an environmental, social, and governance (ESG) framework. Using a twofold empirical methodology—studying of archival data and qualitative case work—we provide empirical evidence from a case study of a Nordic energy company showing that applying an ownership strategy helped to strengthen the approach to SDGs and ESG while leading to positive benefits: in this case, the issuance of green bonds. Our theoretical contribution is the addressing of a gap in the literature exploring how an ownership strategy can be a uniting point for collective action, based on the hypothesis that an ownership strategy provides an important reinforcement of a “virtuous cycle”. Policymakers who are interested in promoting long-term commitment of different stakeholders with a focus on sustainability and improved agency should encourage the formulation of an ownership strategy that explains the owners’ commitment to the environment, social causes, and/or governance guidelines. Therein lies the practical contribution of this work. In this study, we found that an ownership strategy with these elements helped to strengthen the firm’s commitment to SDGs and ESG.

The New Baloch Militancy: Drivers and Dynamics

2021 ◽  
pp. 097492842110272
Author(s):  
Shakoor Ahmad Wani
Keyword(s):  
Resource Sharing ◽  
First Century ◽  
Structural Factors ◽  
Distinctive Character ◽  
Armed Struggle ◽  
Twenty First Century

Since the early 2000, Balochistan is yet again embroiled in a cobweb of violence after a hiatus of more than two decades. The Baloch nationalist militancy began to reinvigorate after the seizure of power by General Pervez Musharraf in 1999. Musharraf marginalised the moderate Baloch nationalists and repressed dissident voices. The differences over power and resource sharing escalated quickly into a full-blown armed struggle once Musharraf used indiscriminate force to subdue opposition against his regime. This article examines the proximate and long-term structural factors that led to the resurgence of armed militancy at the turn of the twenty-first century. It analyses the new drivers and dynamics of the present conflict that make it more virulent and lend it a distinctive character.

THE WOMAN'S PART: THE SPEAKING BELOVED IN ROMAN ELEGY

2013 ◽  
Vol 63 (1) ◽  
pp. 329-338 ◽  
Author(s):  
Megan O. Drinkwater
Keyword(s):  
Gender Roles ◽  
Lived Experience ◽  
First Century ◽  
Power Structures ◽  
Love Affair ◽  
Gender Inequity ◽  
The Way

Roman elegy is well known for its reversal of traditional Roman gender roles: women are presented in positions of power, chiefly but not exclusively erotic, that bear little or no relation to women's lived experience in the first centuryb.c.e. Yet the way elegy presents the beloved in a position of power over her lover, as Sharon James has observed, ‘retains standard Roman social and power structures, thus suggesting an inescapable inequity even within a private love affair: rather than sharing goals and desires, lover and beloved are placed in a gendered opposition … Hence resistant reading by thedominais an anticipated and integral part of the genre’. James's remark is indeed correct for each of the instances in which thedomina, or female beloved, speaks directly. When she does so, as James also shows, she speaks at cross-purposes with her lover, following a script that is designed ‘to destabilize him’ in an attempt to keep his interest. Yet what has not been noticed is that when the beloved is instead male, the situation is quite different. Tibullus' Marathus in poem 1.8, our sole example of a male elegiac beloved-turned-speaker, is the exception that proves the fundamental rule of gender inequity. Marathus, that is, when given the opportunity to speak, does in fact share the aims of a male lover, albeit in pursuit of his ownpuella. When the gendered opposition so integral to elegy is erased, the beloved no longer protests against the strictures of the genre; when both are male, lover and beloved alike are entitled to speak as elegiac lovers.

NFL Football

2020 ◽  
Author(s):  
Richard C. Crepeau
Keyword(s):  
Early Retirement ◽  
National Football League ◽  
First Century ◽  
Collective Bargaining Agreement ◽  
Success Story ◽  
New Era ◽  
Drug Policies ◽  
History Of ◽  
American Society

A multibillion-dollar entertainment empire, the National Football League is a coast-to-coast obsession that borders on religion and dominates our sports-mad culture. But today's NFL also provides a stage for playing out important issues roiling American society. This updated and expanded edition of NFL Football observes the league's centennial by following the NFL into the twenty-first century, where off-the-field concerns compete with touchdowns and goal line stands for headlines. Richard C. Crepeau delves into the history of the league and breaks down the new era with an in-depth look at the controversies and dramas swirling around pro football today:  Tensions between players and Commissioner Roger Goodell over collusion, drug policies, and revenue, including analysis of the 2020 collective bargaining agreement  The firestorm surrounding Colin Kaepernick and protests of police violence and inequality  Andrew Luck and others choosing early retirement over the threat to their long-term health  Paul Tagliabue's role in covering up information on concussions  The Super Bowl's evolution into a national holiday Authoritative and up to the minute, NFL Football continues the epic American success story.

The bird dancer and the warrior king: Divergent lived experiences of Tourette syndrome in Bali

2017 ◽  
Vol 54 (4) ◽  
pp. 540-561 ◽  
Author(s):  
Robert Lemelson ◽  
Annie Tucker
Keyword(s):  
Lived Experience ◽  
Tourette Syndrome ◽  
Subjective Experience ◽  
Influential Factors ◽  
Treatment Modalities ◽  
Visual Anthropology ◽  
Subjective Experiences ◽  
Term Outcome ◽  
Long Term Outcome

In the past two decades, ethnographic, epidemiological and interdisciplinary research has robustly established that culture is significant in determining the long-term outcomes of people with neurodevelopmental, neuropsychiatric and mood disorders. Yet these cultural factors are certainly not uniform across discrete individual experiences. Thus, in addition to illustrating meaningful differences for people with neuropsychiatric disorder between different cultures, ethnography should also help detail the variations within a culture. Different subjective experiences or outcomes are not solely due to biographical idiosyncrasies—rather, influential factors arising from the same culture can have different impacts on different people. When taking a holistic and intersectional perspective on lived experience, it is crucial to understand the interaction of these factors for people with neuropsychiatric disorders. This paper teases apart such interactions, utilizing comparative case studies of the disparate subjective experiences and illness trajectories of two Balinese people with Tourette syndrome who exhibit similar symptoms. Based on longitudinal person-centered ethnography integrating clinical, psychological, and visual anthropology, this intersectional approach goes beyond symptom interpretation and treatment modalities to identify gendered embodiment and marital practices as influenced by caste to be significant determinants in subjective experience and long-term outcome.

What Is Peace? Being an Autoethnographic Account of Methodological Musings From the Beach

2017 ◽  
Vol 24 (6) ◽  
pp. 371-380
Author(s):  
Anandam Kavoori
Keyword(s):  
Lived Experience ◽  
Field Work ◽  
Peace Studies ◽  
Liminal Space ◽  
Writing Project ◽  
Emotional Process ◽  
The World ◽  
Different Parts

This autoethnographic essay is focused on methodological space of “problematization”—the wrenching intellectual and emotional process (and lived experience) that a scholar goes through before settling into a long-term writing project—in this case travel to different parts of the world, in an attempt to explore the idea and experience of “Peace” in each of those places. Weaving through elements of family memoir, Georgia history, eco-criticism, and Peace Studies (across different sub fields), the essay illuminates the personal and liminal space of methodological engagement before field work.

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