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This article considers the formation of moral and ethical worlds in India, drawing largely on cases reporting on modern times, as people interact with or imagine the landscapes in which they live. Questions of ethics, and how they are animated in practical existence through the experience of emotional ties and affective attachments to nature, near and far, have not always informed the writing of environmental history in India. In contrast, scholars in disciplines other than history have often paid attention to ethical and religious ideas about landscape and nature. This review argues that ethics of nature are developed in historical processes of community formation and identity-expression or self-making that occur in and through the imagination and experience of the natural world in religious and political action. Historical perspectives on these topics are useful and necessary, even as careful examination of how affect and worship shape attitudes to being in particular landscapes can enrich the understanding of meaningful relations to landscape and nature in environmental history. The argument is developed by a close examination of a handful of recent studies that have provided an empirical basis for this synthesis, review, and conceptual elaboration of the ethics of nature in India. The article considers the formation of ethical ideas and practical values of nature in realms of worship, natural resources management, rural development, conservation science, natural resources policy, and legal disputes relating to nature protection in India.

We examine the impact of SFAS 133, Accounting for Derivative Instruments and Hedging Activities, on the reporting behavior of commercial banks and the informativeness of their financial statements. We argue that, because mandatory recognition of hedge ineffectiveness under SFAS 133 reduced banks' ability to smooth income through derivatives, banks that are more affected by SFAS 133 rely more on loan loss provisions to smooth income. We find evidence consistent with this argument. We also find that the increased reliance on loan loss provisions for smoothing income has impaired the informativeness of loan loss provisions for future loan defaults and bank stock returns.

The perception, valuation, and manipulation of human environments all have their own layered histories. So Sumit Guha argues in this sweeping examination of a pivotal five hundred years when successive empires struggled to harness lands and peoples to their agendas across Asia. Ecologies of Empire in South Asia, 1400-1900 compares the practices of the Mughal and British Empires to demonstrate how their fluctuating capacity for domination was imbricated in the formation of environmental knowledge itself. The establishment of imperial control transforms local knowledge of the world into the aggregated information that reproduces centralized power over it. That is the political ecology that reshapes entire biomes. Animals and plants are translocated; human communities are displaced or destroyed. Some species proliferate; others disappear. But these state projects are overlaid upon the many local and regional geographies made by sacred cosmologies and local sites, pilgrimage routes and river fords, hot springs and fluctuating aquifers, hunting ranges and nesting grounds, notable trees and striking rocks. Guha uncovers these ecological histories by scrutinizing little-used archival sources. His historically based political ecology demonstrates how the biomes of a vast subcontinent were changed by struggles to make and to resist empire.

This work investigates the influence of compression ratio on the performance and emissions of a diesel engine using biodiesel (10, 20, 30, and 50 %) blendeddiesel fuel. Test was carried out using four different compression ratios (17.5, 17.7, 17.9 and 18.1). The experiments were designed using a statistical tool known as design of experiments based on response surface methodology. The resultant models of the response surface methodology were helpful to predict the response parameters such as brake specific fuel consumption, brake thermal efficiency, carbon monoxide, hydrocarbon and nitrogen oxides. The results showed that best results for brake thermal efficiency and brake specific fuel consumption were observed at increased compression ratio. For all test fuels, an increase in compression ratio leads to decrease in the carbon monoxide and hydrocarbon emissions while nitrogen oxide emissions increase. Optimization of parameters was performed using the desirability approach of the response surface methodology for better performance and lower emission. A compression ratio 17.9, 10 % of fuel blend and 3.81 kW of power could be considered as the optimum parameters for the test engine.

Recent corporate governance reforms focus on the board's independence and encourage equity ownership by directors. We analyze the efficacy of these reforms in a model in which both adverse selection and moral hazard exist at the level of the firm's management. Delegating governance to the board improves monitoring but creates another agency problem because directors themselves avoid effort and are dependent on the CEO. We show that as directors become less dependent on the CEO, their monitoring efficiency may decrease even as they improve the incentive efficiency of executive compensation contracts. Therefore, a board composed of directors that are more independent may actually perform worse. Moreover, higher equity incentives for the board may increase equity-based compensation awards to management.

Death and Life of Nature in Asian Cities explores the encounter between two processes that are unfolding in diverse patterns across Asia--the rapid urbanization of Asia across big cities, smaller towns, and the newest urban concentrations; and the contentious debates and novel schemes by which nature is figured and emplaced in cities and their conurbations. Contemporary Asian cities displace nature by causing its death and withering, but also embrace it through acts of renewal and the pursuit of sustainability. Contributors to this volume gather case studies from across Asia to address projects of urban greening and reimagining nature in urban life. The book illustrates how the intersection of urban growth and urban nature is a place rich with fresh ideas about urban planning, governance, and social life. This book illuminates a continuing process of discovery and regeneration through which urban natures may well be moving from taken-for-granted infrastructures to more consciously experienced sites of interplay between non-human life and materials, and daily human life experiences. Debates and efforts to recover nature in the city provoke moral and ethical evaluations of the human ecology of city life, and direct ecologies of urbanism into new avenues like aesthetics, care, perception, and stewardship.

The economic prosperity of two nineteenth- and early-twentieth-century New England towns rested on factories that manufactured piano keys, billiard balls, combs, and other items made of ivory imported from East Africa. Yet while towns like Ivoryton and Deep River, Connecticut, thrived, the African ivory trade left in its wake massive human exploitation and ecological devastation. At the same time, dynamic East African engagement with capitalism and imperialism took place within these trade histories. Drawing from extensive archival and field research in New England, Great Britain, and Tanzania, Alexandra Kelly investigates the complex global legacies of the historical ivory trade. She not only explains the complexities of this trade but also analyzes Anglo-American narratives about Africa, questioning why elephants and ivory feature so centrally in those representations. From elephant conservation efforts to the cultural heritage industries in New England and East Africa, her study reveals the ongoing global repercussions of the ivory craze and will be of interest to anthropologists, archaeologists, historians, and conservationists.

We examine voluntary disclosure and capital investment by an informed manager in an initial public offering (IPO) in the presence of informed and uninformed investors. We find that in equilibrium, disclosure is more forthcoming—and investment efficiency is lower—when a greater fraction of the investment community is already informed. Moreover, managers disclose more information when the likelihood of an information event is higher, more equity is issued, or the cost of information acquisition is lower. Investment efficiency and the expected level of underpricing are non-monotonic in the likelihood that the manager is privately informed.

People employ various methods to extract gold in the rainforests of the Chocó, in northwest Colombia: Rural Afro-Colombian artisanal miners work hillsides with hand tools or dredge mud from river bottoms. Migrant miners level the landscape with excavators, then trap gold with mercury. Canadian mining companies prospect for open-pit mega-mines. Drug traffickers launder cocaine profits by smuggling gold into Colombia and claiming it came from fictitious small-scale mines. Through an ethnography of gold that examines the movement of people, commodities, and capital, Shifting Livelihoods investigates how resource extraction reshapes a place. In the Chocó, gold enables forms of \"shift\" (rebusque)-a metaphor for the fluid livelihood strategy adopted by forest dwellers and migrant gold miners alike as they seek informal work amid a drug war. Mining's effects on rural people, corporations, and politics are on view in this fine-grained account of daily life in a regional economy dominated by gold and cocaine.

Some years ago, in his contribution to a collection of essays on the Supreme Court and the Indian Constitution, Pratap Bhanu Mehta emphasized the political significance of the Court, saying, “there is not a single important issue of political life in India that has not been, by accident or design, profoundly shaped by its interventions … the courts participate and collaborate in governing India” (Mehta 2006, 162). How exactly might this happen? In beginning to explore answers to this question, I want to focus on the formation of a distinct environmental jurisprudence and its relationship to the changing and dynamic qualities of a democratic polity in India. And in formulating my analysis I draw here on my current work on courts and the environment in India or how the environment came to be a legal object in India over the last century.