Common Cultural Relationships in Corporate Governance across Developed and Emerging Financial Markets

This study investigates the corporate governance (CG) practice of business organisations in 43 countries with developed and emerging financial markets from the perspective of cross-cultural psychology. We find significant relationships between CG practice and Hofstede's cultural dimensions, and discover that the cultural dimensions of power distance and uncertainty avoidance significantly explain the development of CG practice. These two cultural dimensions fully capture the power of stock market history to explain the development of CG practice across developed and emerging financial markets, which indicates that cultural factors are more important than the length of stock market history in the development of CG.
Cette étude se propose d'étudier, dans une perspective de psychologie inter-culturelle, la pratique de la gouvernance d'entreprise dans des organismes d'affaire de 43 pays différents dont les marchés financiers sont développés ou émergents. Nous trouvons une relation significative entre la pratique de la gouvernance d'entreprise et les dimensions culturelles de Hofstede. Nous montrons que les dimensions culturelles de distance du pouvoir et d'évitement de l'incertitude expliquent le développement de la pratique de la gouvernance d'entreprise. Ces deux dimensions culturelles déterminent totalement la puissance de l'histoire du marché boursier pour expliquer le développement de la pratique de la gouvernance d'entreprise sur des marchés financiers développés ou émergents. Les facteurs culturels ont donc plus de poids que la durée de l'histoire du marché boursier dans le développement de la pratique de la gouvernance d'entreprise.     

BODY POLITICS AND THE POLITICS OF BODIES: Racism and Hauerwasian Theopolitics

Today dominative power operates apart from, and exterior to, those state governmentalities that the "body politics" of Stanley Hauerwas disavows as "constantinian" entanglements such as military service, governmental office, and conspicuous expressions of civil religion. This is especially true with respect to those biopolitical modalities David Theo Goldberg names as "racelessness," by which material inequalities are racially correlated, thereby allowing whiteness to mediate life and ration death. If, as Hauerwas contends, radical ecclesiology is indeed a theopolitical alternative to the nation–state's politics of violence, then it must prove itself resistant to such racialized violence. However, inasmuch as the (largely) uncontested fact of ecclesial segregation recapitulates these broader stratifications and exclusions, the church functions as a passive civil religion and itself participates in the politics of "nonviolent violence." Thus, Hauerwas must do something that he has been reluctant to do. He must talk about race and racism more directly, specifying how his ecclesiological theopolitics resists such forms of violence; more importantly, he must demonstrate how actual ecclesial congregations instantiate such resistance. In short, to be truly nonviolent, Hauerwas's body politics must become a politics of bodies.     

Mediation Analysis in Social Psychology: Current Practices and New Recommendations

A key aim of social psychology is to understand the psychological processes through which independent variables affect dependent variables in the social domain. This objective has given rise to statistical methods for mediation analysis. In mediation analysis, the significance of the relationship between the independent and dependent variables has been integral in theory testing, being used as a basis to determine (1) whether to proceed with analyses of mediation and (2) whether one or several proposed mediator(s) fully or partially accounts for an effect. Synthesizing past research and offering new arguments, we suggest that the collective evidence raises considerable concern that the focus on the significance between the independent and dependent variables, both before and after mediation tests, is unjustified and can impair theory development and testing. To expand theory involving social psychological processes, we argue that attention in mediation analysis should be shifted towards assessing the magnitude and significance of indirect effects.     

Accommodating Surprise in Taxonomic Tasks: The Role of Expertise

This paper reports a psychological study of human categorization that looked at the procedures used by expert scientists when dealing with puzzling items. Five professional botanists were asked to specify a category from a set of positive and negative instances. The target category in the study was defined by a feature that was unusual, hence situations of uncertainty and puzzlement were generated. Subjects were asked to think aloud while solving the tasks, and their verbal reports were analyzed. A number of problem solving strategies were identified, and subsequently integrated in a model of knowledge‐guided inductive categorization. Our model proposes that expert knowledge influences the subjects' reasoning in more complex ways than suggested by earlier investigations of scientific reasoning. As in previous studies, domain knowledge influenced our subjects' hypothesis generation and testing; but, additionally, it played a central role when subjects revised their hypotheses.