We prove that the presence of viscosity does not affect stability to a
xisymmetric convective modes of a thin differentially rotating disc wi
th no thermal conduction but in which viscosity is taken fully into ac
count. In such a case the Schwarzschild criterion is necessary and suf
ficient for convective stability to local perturbations. In the proof
we use a general formulation of local stability analysis, which allows
a rigorous demonstration. Restricted particular forms of the viscous
stress tensor introduced in the modelling of thin accretion discs may
lead to viscous overstabilities. The additional instability found by E
lstner et al. (1989) and described by the authors as a correction to t
he Schwarzschild criterion is a manifestation of these. However, when
viscosity is taken fully into account, such instabilities cannot be di
scussed within the framework of a local analysis, a fully global treat
ment being required.