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Skbi Big 5 Survey 2019 August, Singapore Management University Aug 2019

Skbi Big 5 Survey 2019 August, Singapore Management University

Sim Kee Boon Institute for Financial Economics

On balance, our overall interpretation of the multiyear Big5 survey results implies the following economy-at-risk scale (least to most): India, China, US, Japan and Euro Area (i.e., India’s economy appears to be the least at-risk, while the Euro Area might be the most at-risk). Broadly, survey participants expect the risks to GDP growth to be tilted to the downside in 2019 and 2020 followed by a more balanced growth environment in 2021. But participants seem to lean toward a more balanced risk assessment on headline inflation from 2019 through 2021, with the exception of the Euro Area, where a modest …


How Do Board Ties Affect The Adoption Of New Practices? The Effects Of Managerial Interest And Hierarchical Power, Toru Yoshikawa, Jung Wook Shim, Chang Hyun Kim, Anja Tuschke Jul 2019

How Do Board Ties Affect The Adoption Of New Practices? The Effects Of Managerial Interest And Hierarchical Power, Toru Yoshikawa, Jung Wook Shim, Chang Hyun Kim, Anja Tuschke

Research Collection Lee Kong Chian School Of Business

Research Question/Issues: Most extant literature implicitly equates obtaining information through board interlocks to acting on the information. We investigate triggers that help to translate the information into action. In addition to exposure to the information by board interlocks, we suggest that the self-interest of the individuals who create these ties and hierarchical power of interlinked firms determines the likelihood of taking actions of adopting new practices. Research Findings/Insights: Using the action of adopting two distinctive governance practices, stock option pays or board reform, we find that sent ties and received ties affect the adoption decisions differently. Whereas sent ties reflect …


The Yosakoi Festival And Rural Revitalization In Kōchi Prefecture, Japan, Amy L. Kostka May 2019

The Yosakoi Festival And Rural Revitalization In Kōchi Prefecture, Japan, Amy L. Kostka

Senior Honors Projects

Japan has been experiencing a population decline in rural areas since post World War II. Rural prefectures including Kōchi have been participating in nationwide efforts as well as local efforts to maintain population and hopefully attract more people to these areas. These efforts have been collectively categorized under the term rural revitalization. Rural revitalization has many aims: to encourage pride in local cultural practices, to attract tourists and new residents, and to boost local economies. In this study I examined how a festival might assist in rural revitalization efforts. Exploring the literature involving revitalization efforts provided the scaffolding for my …


A Conceptual Framework For Managerial Analysis Under Economic Nationalism And Globalization: A Study Of Japanese Automakers In The Usa, Kanji Kitamura Jan 2019

A Conceptual Framework For Managerial Analysis Under Economic Nationalism And Globalization: A Study Of Japanese Automakers In The Usa, Kanji Kitamura

School of Business: Faculty Publications and Other Works

This chapter qualitatively examines cross-national managerial strategies employed at the Japanese automakers in the context of economic nationalism. It proposes and tests a simple yet versatile conceptual framework by developing existing models and integrating foundational concepts available in literature. Proposed as a tool for comparative analysis on management styles, the framework has two extreme ends of a continuum to capture not only variants of the social realities but also changes of businesses as it shifts between the extremes. The findings suggest that the force of economic nationalism likely affects the Japanese automakers’ growth strategies, and the dynamics of managerial styles …