Ontology and Epistemology 21-1-18 Students
Ontology and Epistemology 21-1-18 Students
Ontology and Epistemology 21-1-18 Students
epistemology
Professor Indra Abeysekera
2 Learning goals
At the end of this topic you know the philosophical bases in conducting
research
1. Philosophical bases as concepts
3. World view
At the end of this topic you know the philosophical bases in conducting
research
1. Philosophical bases as concepts
3. World view
Out
there
In here
Where is the
real [world]?
(ontological
question)
Professor Indra Abeysekera
8 Philosophical bases
Ontology
Knowledge (about…the origin of humanity)
Relationship between concepts and categories
… to know the nature of being …of things,
people, spaces…
Rationalism
logic - Reasoning to justify
claims and beliefs
Evidence gathered
What kind of not influenced by Empiricism
What is truth, researcher - Evidence from senses to
relationship
reality for the (objective justify claims and beliefs
researcher has
researcher evidence)
with the
(ontology)
research?
Evidence gathered
influenced by Relativism
researcher - - Truth is constructed by
interaction (subjective those involved; find out
evidence) by interacting with them
Listening
Thinking Talking
The
relationship
to
knowledge
Tasting Seeing
Hearing
Seeing
knowledge is acquired)
Logical discourse (how
Ontology
Epistemology
tasting
Actual
knowledge, and
its composition
smelling
touching
interpretation (qualitative)
Know that there are
stock and flow
Come to know by Constructionism
construction (qualitative)
Come to know by
Objects are influenced Critical theory (post
critiquing objectivity as
by stock and flow positivism)
a way of interpretation
Learning goal
At the end of this topic you know the philosophical bases in conducting
research
1. Philosophical bases as concepts
3. World view
2. For each research question, identify and write in detail as to why you chose
the question.
Findings
What is now known?
Methods
What is the specific approach(es) to come to know? –
data gathering techniques
Problem or
Methodology
Question Theory
What are the debates about coming to know?
Axiology
Is it worth knowing?
Epistemology
The relationship to knowing of truth and reality and
the researcher
Ontology
What is truth, reality to the researcher?
Professor Indra Abeysekera
22 Philosophical bases
Methodology Explanation
Positivism A system where knowledge is verify with facts without
personal involvement
Social A system where knowledge is constructed through
constructivism interaction with others
Pragmatism A system where knowledge is evaluated for their practical
application
Professor Indra Abeysekera
23
Learning goal
At the end of this topic you know the philosophical bases in conducting
research
1. Philosophical bases as concepts
3. World view
evidence)
Axiological
methodological
Professor Indra Abeysekera
27 Philosophical bases
Failure process and causes of company bankruptcy: a typology. H. Ooghe and S. De Prijcker
https://ideas.repec.org/p/rug/rugwps/06-388.html
Based on case studies and considering companies’ ages and management characteristics, we
discovered four types of failure processes.
I. The first failure process describes the deterioration of unsuccessful start-up companies leaded
by a management with a serious deficiency in managerial and industry- related experience.
II. The second process reveals the collapse after a failing growth of ambitious early- stage
companies. Those companies have, after a failed investment, insufficient financial means to
adjust their way of doing business to the changes in the environment in order to prevent
bankruptcy.
III. Third, we describe the failure process of dazzled established companies, leaded by an
overconfident management without a realistic view on the company’s financial situation.
IV. Lastly, the bankruptcy of apathetic companies, describes the gradual deterioration of an
apathetic established company where management had lost touch with the changing
environment. This typology gives new insight into the evolution of financial performance ratios
during the years preceding bankruptcy.
Furthermore, we found that there is a great difference in the presence and importance of specific
causes of bankruptcy between the distinctive failure processes. Errors made by management, errors
in corporate policy and changes in the gradual and immediate environments differ considerably
between each of the four failure processes.
Oliver Lukason 1& Richard C. Hoffman. 2014. Firm Bankruptcy Probability and Causes: An
Integrated Study. International Journal of Business and Management; Vol. 9, No. 11.
www.ccsenet.org/journal/index.php/ijbm/article/download/38147/22718
Causes of bankruptcy were obtained from court judgments for 70 Estonian manufacturing
firms and classified into two taxonomies–the number of causes and the different types of
causes of failure such as internal (different management deficiencies) or from factors
external to the firm. Bankruptcy scores for the first and second pre-bankruptcy years were
calculated using both Ohlson’s model and a local (Grünberg’s) bankruptcy prediction
model. Independent samples median tests were applied to examine, whether different
causes are associated with different failure risk.
Findings indicate that multiple causes lead to a significantly higher bankruptcy risk than a
single cause for the year prior to the declaration of bankruptcy.
On the contrary, no significant effect of different types of failure causes was found on the
risk of failure. Implications of the results for research and practice are discussed.
Witnessed Findings
Methods
The specific approach(es)
Methodology
[The debate about] the ‘science’ of how to approach
Problem or
Question Theory Epistemology
[The debate about] Is it worth knowing?
Ontology
[The debate about] What, where, when, whom, is to know?
Findings
Witnessed
Methods
The specific approach(es)
Methodology
Problem or [The debate about] the ‘science’ of how to approach
Theory Axiology
Question
Is it worth knowing
Epistemology
[The debate about] Is it worth knowing?
Ontology
[The debate about] What, where, when, whom, is to know?
Witnessed Findings
Practice
Methods
The specific approach(es)
Methodology
Problem or
Theory [The debate about] the ‘science’ of how to approach
Question
Axiology
Is it worth knowing?
Epistemology
[The debate about] Is it worth knowing?
Ontology
[The debate about] What, where, when, whom, is to know?
The world views / paradigms / way of opening up to the problems has given
rise to theories (generalised understandings - reasonings)
Theory Explanation
Postmodern Source of knowledge is in the root of the problem
theory(ies)
Queer theory Each sex comes with its own essential characteristics
Critical theory Critiquing and changing society as a whole
Critical race theory critical analysis of race and racism
Disabilities theory meaning, nature, and consequences of disability as a social
construct
Explanation
1. What is your world view?
2. What is ontology of the
research?
2. What is the epistemology?
3. What is the methodology?
4. What is the research
method(s)? Does not have to
be technical here
5. How is that going to relate
to the world we live in?
Learning goal
The worldview