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Singapore Management University

2005

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Articles 1 - 30 of 118

Full-Text Articles in Business

Consumer Preferences For High-Tech Product Forms: Converged Or Separate? Evolution Of Technology & Reversal Of Preferences, Jin K. Han, Seh-Woong Chung, Seok Sohn Yong Dec 2005

Consumer Preferences For High-Tech Product Forms: Converged Or Separate? Evolution Of Technology & Reversal Of Preferences, Jin K. Han, Seh-Woong Chung, Seok Sohn Yong

Research Collection Lee Kong Chian School Of Business

With the surging popularity and growing availability of convergence products (e.g., camera phones, all-in-one PDAs) in high-tech product categories, consumers now face another dilemma in their purchase consideration: which product form converged, stand-alone, or both? This study sets out to investigate pattern(s) of consumer preferences for product form along the evolution of technology trajectories. In two experiments, we find that, at low levels of technological performance, consumers show an overwhelming preference for the converged product form over the dedicated counterpart; whereas, at a higher technological performance level, the pattern of preferences is reversed. Furthermore, we observe that a preannouncement of …


Using Community Service Projects To Teach Leadership And Team-Building: Theoretical Foundations, Students' Reactions And Practical Considerations, Gilbert Tan Dec 2005

Using Community Service Projects To Teach Leadership And Team-Building: Theoretical Foundations, Students' Reactions And Practical Considerations, Gilbert Tan

Research Collection Lee Kong Chian School Of Business

This paper discusses the theoretical foundations of utilizing Community Service Project (CSP) or service-learning to teach Leadership and Team-Building. It examines the students’ reactions to this innovative method of instruction. This is done through conducting a content analysis of students’ learning journals, in which students reflect on their CSP learning experiences. Two themes emerged from the data: (a) variety of learning experiences, and (b) impact of CSP experience. The data suggested that students derived a variety of learning experiences from the CSP. In addition, there were attitudinal and learning impacts associated with the CSP experiences. The paper also outlines some …


Fostering Total Wellness Through Peer Helping: Reflections On The Smu Experiences, Gilbert Tan, Timothy Hsi Dec 2005

Fostering Total Wellness Through Peer Helping: Reflections On The Smu Experiences, Gilbert Tan, Timothy Hsi

Research Collection Lee Kong Chian School Of Business

Peer Helping is widely implemented in Colleges and Universities in the United States and Canada. Despite the popularity of these programs, very little has been researched on peer helping in the Asian context. This paper traces the theoretical foundations of peer helping and the nascent development of a peer helping program in the Singapore Management University and how this program has developed since the beginning of 2004. The initial focus of the program was based on the model of paraprofessional student counselors assisting their fellow peers through difficult moments in their lives. Over time, the program was fine-tuned to embrace …


Latin America Bets On Chinese Lessons, Knowledge@Smu Dec 2005

Latin America Bets On Chinese Lessons, Knowledge@Smu

Knowledge@SMU

These days, all roads in international trade seem to lead to China, even in the case of a small country like Chile, which recently signed a free-trade agreement with the Asian giant. It was China’s first free trade treaty with a Western country, and it opens new international routes for its products. In addition, Chinese authorities say the agreement will make Chile a bridge for investments from China into the rest of Latin America. This much is certain: Both China and the dynamic Southeast Asia region are the focal point for Latin American exports. However, the road to Asia is …


Determinants Of Intra-Day Stock Price Change And Asymmetric Information, Christopher Hian Ann Ting Dec 2005

Determinants Of Intra-Day Stock Price Change And Asymmetric Information, Christopher Hian Ann Ting

Research Collection Lee Kong Chian School Of Business

This paper presents a synthesized model of asymmetric information. An empirical analysis of more than 1,400 NYSE common stocks shows that trade direction is more important than volume in revealing the asymmetry. There is also evidence to suggest that signed duration reflects informed trading activity. We use the proposed measure of information asymmetry to study daily changes in the level of informed trading and find that earnings announcements narrow the information gap between the informed and the uninformed. On average, information asymmetry is largest at the beginning of the trading day and it decreases monotonically toward the closing bell. More …


Examining The Relationship Between Employer Knowledge Dimensions And Organizational Attractiveness: An Application In A Military Context, Filip Lievens, Greet Van Hoye, Bert Schreurs Dec 2005

Examining The Relationship Between Employer Knowledge Dimensions And Organizational Attractiveness: An Application In A Military Context, Filip Lievens, Greet Van Hoye, Bert Schreurs

Research Collection Lee Kong Chian School Of Business

This study uses Cable and Turban's (2001) employer knowledge framework as a conceptual model to formulate hypotheses about a broad range of possible factors affecting the attractiveness of an organization (i.e. armed forces) among potential applicants (576 high-school seniors). Results show that gender, familiarity with military organizations, perceptions of job and organizational attributes (task diversity and social/team activities), and trait inferences (excitement, prestige, and cheerfulness) explained potential applicants' attraction to military organizations. Relative importance analyses showed that trait inferences contributed most to the variance, followed by job and organizational attributes, and employer familiarity. Finally, we found some evidence of interactions …


E-Government Capabilities And Crisis Management: Lessons From Combating Sars In Singapore, Shan Ling Pan, Gary Pan, Paul R. Devadoss Dec 2005

E-Government Capabilities And Crisis Management: Lessons From Combating Sars In Singapore, Shan Ling Pan, Gary Pan, Paul R. Devadoss

Research Collection School Of Accountancy

The city-state of Singapore has been highly ranked for its e-government services. Over the past two decades, it has leveraged its IT infrastructure for economic development and transformed its public services. The SARS outbreak in 2004 turned into a national health crisis because it spread rapidly and the medical community had little knowledge of how to treat the new mutation of the corona virus. Yet, several Singaporean government agencies utilized the e-Government infrastructure and related resources to quickly bring the outbreak under control. In particular, the government?s IT infrastructure streamlined communications, information exchange, and data flow, and significantly eased collaboration …


Retest Effects In Operational Selection Settings: Development And Test Of A Framework, Filip Lievens, Tine Buyse, Paul R. Sackett Dec 2005

Retest Effects In Operational Selection Settings: Development And Test Of A Framework, Filip Lievens, Tine Buyse, Paul R. Sackett

Research Collection Lee Kong Chian School Of Business

This study proposes a framework for examining the effects of retaking tests in operational selection settings. A central feature of this framework is the distinction between within-person and between-person retest effects. This framework is used to develop hypotheses about retest effects for exemplars of 3 types of tests (knowledge tests, cognitive ability tests, and situational judgment tests) and to test these hypotheses in a high stakes selection setting (admission to medical studies in Belgium). Analyses of within-person retest effects showed that mean scores of repeat test takers were one-third of a standard deviation higher for the knowledge test and situational …


The Power Of Power In Supplier-Retailer Relationships, Nirmalya Kumar Nov 2005

The Power Of Power In Supplier-Retailer Relationships, Nirmalya Kumar

Research Collection Lee Kong Chian School Of Business

In his interesting paper, Martin Hingley makes a few key observations about power and role accorded to it in the relationship marketing literature that has become increasingly popular over the past decade. Fundamentally, the article states that the relationship marketing view sees power as alien to effective relationships, as negating cooperation, and as the antithesis of trust. In other words, power in a relationship is ‘‘only viewed in a negative sense’’. Or, alternatively, power is viewed as not important enough to include in relationship marketing models because firms have moved from transactional exchanges to relational exchange. It is contended by …


Created' Enclaves For Enterprise: An Empirical Study Of Singapore's Industrial Parks In Indonesia, Vietnam And China, Caroline Yeoh, Siang Yeung Wong Nov 2005

Created' Enclaves For Enterprise: An Empirical Study Of Singapore's Industrial Parks In Indonesia, Vietnam And China, Caroline Yeoh, Siang Yeung Wong

Research Collection Lee Kong Chian School Of Business

The dynamics of globalization have prompted governments to re-examine accustomed policies, and search for alternative strategies, in order to re-position their economies for the future. This paper explores the spatial context of state involvement in the new economics of competition, with the focus on Singapore's much publicized, and controversial, orchestration of its state enterprise network to encapsulate economic space for Singapore-based firms to expand into the Asian region. This strategic initiative is promulgated on the exportability of Singapore's æstate credibilityÆ, systemic and operational efficiencies, and technological competencies, to locations where these attributes are less certain. A logit model is applied …


Can Entrepreneurship Be Taught In An Action-Learning Format? We Compare Entrepreneurship Action Learning Outcomes For Undergraduate Students In Germany, Singapore, China, Korea, New Zealand, United States And Australia, Jens Mueller, Robert Wyatt, Heinz Klandt, Wee Liang Tan Nov 2005

Can Entrepreneurship Be Taught In An Action-Learning Format? We Compare Entrepreneurship Action Learning Outcomes For Undergraduate Students In Germany, Singapore, China, Korea, New Zealand, United States And Australia, Jens Mueller, Robert Wyatt, Heinz Klandt, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

No abstract provided.


Corporate Change Management In Asian Business - A Comparison Between Chinese-Educated And English-Educated Chinese Entrepreneurs In Singapore, Thomas Menkhoff, Ulrike Badibanga, Yue Wah Chay Nov 2005

Corporate Change Management In Asian Business - A Comparison Between Chinese-Educated And English-Educated Chinese Entrepreneurs In Singapore, Thomas Menkhoff, Ulrike Badibanga, Yue Wah Chay

Research Collection Lee Kong Chian School Of Business

Against the background of a rapidly changing business environment, the article examines the organizational change management behavior of the owner-managers of small and medium-sized enterprises in Singapore. The analysis of survey data is aimed at ascertaining whether there are any differences between Chinese and English-educated small (Chinese) businessmen in terms of Change Management (CM), a dichotomy that is of great historical and politico-cultural significance in Singapore. The survey data show that there are indeed differences between the subgroups (e. g. with regard to the initiation of a more participatory people management style) but these variations turned out to be far …


Accounting Conservatism And Managerial Incentives, Young Koan Kwon Nov 2005

Accounting Conservatism And Managerial Incentives, Young Koan Kwon

Research Collection School Of Accountancy

There are two sources of agency costs under moral hazard: (1) distortions in incentive contracts and (2) implementation of suboptimal decisions. In the accounting literature, the relation between conservative accounting and agency costs of type (1) has received considerable attention (cf. Watts 2002). However, little appears to be known about the effects of accounting conservatism on agency costs of type (2) or trade-offs between agency costs of types (1) and (2). The purpose of this study is to examine this void. In a principal-agent setting in which the principal motivates the agent to expend effort using accounting earnings, this study …


Calibration Of The Structural Model Of Corporate Bond Spreads, Lerner Peter, Chunchi Wu Oct 2005

Calibration Of The Structural Model Of Corporate Bond Spreads, Lerner Peter, Chunchi Wu

Research Collection Lee Kong Chian School Of Business

No abstract provided.


To Pete Or Not To Pete: Review Of The Practical Entrepreneurship Teaching Engagement (Pete) Model To Produce Practically Relevant Entrepreneurial Learning: A Comparison Of The Effectiveness Of Action-Learning In Entrepreneurship In Singapore, China, Korea, New Zealand And Australia, Jens Mueller, John Thornton, Joe Dewberry, Wee Liang Tan, Hanjun Hu Oct 2005

To Pete Or Not To Pete: Review Of The Practical Entrepreneurship Teaching Engagement (Pete) Model To Produce Practically Relevant Entrepreneurial Learning: A Comparison Of The Effectiveness Of Action-Learning In Entrepreneurship In Singapore, China, Korea, New Zealand And Australia, Jens Mueller, John Thornton, Joe Dewberry, Wee Liang Tan, Hanjun Hu

Research Collection Lee Kong Chian School Of Business

Purpose: To discuss the effectiveness of a sustainable entrepreneurship training program in several countries in Asia, used by global firms to identify junior management talent, by applying the PETE model of creating an engaging action-learning program. Design/Methodology/Approach: Current literature is reviewed to make a case for the applicability of action-learning based entrepreneurship training. The results of interviews with more than 20 senior level managers of multi-national corporations in 5 Asian countries are compared to self-evaluations of more than 300 student participants and more than 30 faculty evaluations of the program. We use the Practical Entrepreneurship Teaching Engagement (PETE) model to …


The Choice Of Trading Venue And Relative Price Impact Of Institutional Trading: Adrs Versus The Underlying Securities In Their Local Markets, Chakravarty Sugato, Christine X. Jiang, Chiraphol New Chiyachantana Oct 2005

The Choice Of Trading Venue And Relative Price Impact Of Institutional Trading: Adrs Versus The Underlying Securities In Their Local Markets, Chakravarty Sugato, Christine X. Jiang, Chiraphol New Chiyachantana

Research Collection Lee Kong Chian School Of Business

No abstract provided.


Managerial Assessments Of E-Business Investment Opportunities: A Field Study, Anandhi S. Bharadwaj, Amrit Tiwana Oct 2005

Managerial Assessments Of E-Business Investment Opportunities: A Field Study, Anandhi S. Bharadwaj, Amrit Tiwana

Research Collection School Of Computing and Information Systems

Managers charged with assessing investment opportunities for information technologies such as e-business projects face considerable uncertainty in their decision-making processes. Contemporary theories of the firm and the normative prescriptions thereof emphasize the potential for such investments to augment firm-level knowledge and relational capabilities. However, prior research has not examined the relative emphases that managers place on the knowledge and relational capability-augmenting characteristics of the e-business investments. In this paper, we develop a model to assess whether managerial evaluations of e-business investment opportunities are consistent with these normative and theoretical prescriptions. A test of the model using survey data on 485 …


Regret And The Control Of Temporary Preferences, Terry Connolly, Jochen Reb Oct 2005

Regret And The Control Of Temporary Preferences, Terry Connolly, Jochen Reb

Research Collection Lee Kong Chian School Of Business

Regret is often symptomatic of the defective decisions associated with temporary preference problems. It may also help overcome these defects. Outcome regret can modify the relative utilities of different payoffs. Process regret can motivate search for better decision processes or trap-evading strategies. Heightened regret may thus be functional for control of these self-defeating choices.


Towards Semantic Service Request Of Web Service Composition, Qianhui Althea Liang, Jen-Yao Chung, Steven M. Miller Oct 2005

Towards Semantic Service Request Of Web Service Composition, Qianhui Althea Liang, Jen-Yao Chung, Steven M. Miller

Research Collection School Of Computing and Information Systems

When meeting the challenges in automatic and semi-automatic Web service composition, capturing the user's service demand and preferences is as important as knowing what the services can do. This paper discusses the idea of semantic service requests for composite services, and presents a way to model the elements of a composite service request as user preferences and constraints. The model is based on an interactive and iterative strategy meant to obtain the exact requirements from potential service consumers. The markup vocabularies and associated inference mechanism of OWL-S are used as a means to bring semantics to service requests. Language constructs …


The Risk Of Adverse Impact In Selections Based On A Test With Known Effect Size, Wilfried De Corte, Filip Lievens Oct 2005

The Risk Of Adverse Impact In Selections Based On A Test With Known Effect Size, Wilfried De Corte, Filip Lievens

Research Collection Lee Kong Chian School Of Business

The authors derive the exact sampling distribution function of the adverse impact (AI) ratio for single-stage, top-down selections using tests with known effect sizes. Subsequently, it is shown how this distribution function can be used to determine the risk that a future selection decision on the basis of such tests will result in an outcome that reflects the presence of AI. The article therefore provides test and selection practitioners with a valuable tool to decide between alternative selection predictors.


The Implied Jump Risk Of Libor Rates, Kian Guan Lim, Christopher Ting, Mitch Warachka Oct 2005

The Implied Jump Risk Of Libor Rates, Kian Guan Lim, Christopher Ting, Mitch Warachka

Research Collection Lee Kong Chian School Of Business

This paper examines implied parameters from options on LIBOR futures. Jump-diffusion models are found to offer superior in-sample and out-of-sample performance when compared to their pure diffusion counterpart. The need to incorporate stochastic jump magnitudes into LIBOR dynamics is also documented. In addition, empirical evidence reveals that the jump component in LIBOR rates is important for pricing their derivatives. Furthermore, variation in jump risk often coincides with Federal Open Market Committee (FOMC) decisions and a small subset of macroeconomic announcements.


The Emergence Of Corporate Forms In China, 1872- 1949. An Analysis On Institutional Transformation, Wai Keung Chung Oct 2005

The Emergence Of Corporate Forms In China, 1872- 1949. An Analysis On Institutional Transformation, Wai Keung Chung

Research Collection School of Social Sciences

No abstract provided.


The Impact Of Project Portfolio Management On Information Technology Projects, Bert De Reyck, Yael Grushka-Cockayne, Martin Lockett, Sergio Ricardo Calderini, Marcio Moura, Andrew Sloper Oct 2005

The Impact Of Project Portfolio Management On Information Technology Projects, Bert De Reyck, Yael Grushka-Cockayne, Martin Lockett, Sergio Ricardo Calderini, Marcio Moura, Andrew Sloper

Research Collection Lee Kong Chian School Of Business

The ever-increasing penetration of projects as a way to organise work in many organisations necessitates effective management of multiple projects. This has resulted in a greater interest in the processes of project portfolio management (PPM), with more and more software tools being developed to assist and automate the process. Much of the early work on PPM concentrated on the management of IT projects, largely from the perspective of the management of resources and risk. Many of the recent articles have been by vendors of the software, promoting the value of the PPM process. However, the claims made in those articles …


Separating The Effects Of Asymmetric Incentives And Inefficient Use Of Information On Financial Analysts' Consensus Earnings Forecast Errors, Stanimir Markov, Min Yen Tan Sep 2005

Separating The Effects Of Asymmetric Incentives And Inefficient Use Of Information On Financial Analysts' Consensus Earnings Forecast Errors, Stanimir Markov, Min Yen Tan

Research Collection School Of Accountancy

Prior research on financial analysts’ consensus earnings forecast errors has tended to explore either incentives-based or inefficient information use-based explanations for the properties of the analysts’ forecast errors. This has limited our understanding of financial analysts’ expectation formation process as incentives and cognitive biases are likely to simultaneously affect the properties of the analysts’ consensus forecast errors. Our main contribution is in separating these two effects. In particular, using consensus quarterly earnings forecast data, we document that analysts have asymmetric loss function and that they do not fully use information about past earnings and forecast errors in minimizing their expected …


Reviews: Architectures Of Knowledge: Firms, Capabilities And Communities, Timothy Adrian Robert Clark Sep 2005

Reviews: Architectures Of Knowledge: Firms, Capabilities And Communities, Timothy Adrian Robert Clark

Research Collection Lee Kong Chian School Of Business

Audiences are constantly bombarded by a whole host of bland catchphrases. Indeed, their verygeneration is viewed as a necessary part of the art of modern media communication. Complexand contested issues are forcibly reduced to snappy and memorable phrases so as to be quicklydigested by an apparently impatient and inattentive audience. In some respects capturing theattention of the audience is more important than the precision of the statement. If we were tosurvey the most frequently uttered phrases, some of the following would very likely be in the topten: `Markets are more competitive than ever', `we live in a truly globalized world', …


Antecedents, Consequences, And The Mediating Role Of Organizational Innovation: Empirical Generalizations, Leslie H. Vincent, Sundar G. Bharadwaj, Goutam N. Challagalla Sep 2005

Antecedents, Consequences, And The Mediating Role Of Organizational Innovation: Empirical Generalizations, Leslie H. Vincent, Sundar G. Bharadwaj, Goutam N. Challagalla

Research Collection Lee Kong Chian School Of Business

This study uses emerging meta-analytic methods, in combination with structural equations methodology, to synthesize empirical studies and extend the understanding of relationships amongthe correlates (antecedents and/or outcomes) of innovation in organizations. this study draws upon a meta-analytic database of 155 independent samples from 108 studies from the period of 1970 through 2004. Specifically, the study examines the impact of 26 determinants and 3 performance outcomes of innovation with an overall sample size of 229,395. Organizational resources account for the majority of unique variance explained in predicting innovation generation. Overall findings indicate that innovation is significantly and positively related to superior …


Affect As Information: The Moderating Roles Of Self-Regulatory System And Diagnosticity Of Affective Valence [Extended Abstract], Thomas Kramer, Song-Oh Yoon Sep 2005

Affect As Information: The Moderating Roles Of Self-Regulatory System And Diagnosticity Of Affective Valence [Extended Abstract], Thomas Kramer, Song-Oh Yoon

Research Collection Lee Kong Chian School Of Business

The article presents a summary of three studies looking at the use of affect for information. The authors hypothesize that dependence upon affect changes according to individuals' self-regulatory systems. In the studies, the authors found that individuals with a temporary or chronic behavioral activation system/promotion self-regulatory focus tend to depend on positive and negative emotions for information, whereas individuals with a temporary or chronic behavioral inhibition system/prevention self-regulatory focus only rely on positive emotions for information.


Client, Industry And Country Factors Affecting Choice Of Big N Industry Expert Auditors, Michael Ettredge, Soo Young Kwon, Chee Yeow Lim Sep 2005

Client, Industry And Country Factors Affecting Choice Of Big N Industry Expert Auditors, Michael Ettredge, Soo Young Kwon, Chee Yeow Lim

Research Collection School Of Accountancy

This study investigates client choice of industry specialist auditors from among the Big N (Big 4 or 5) in an international (non-U.S.) setting. We investigate client-specific, industry-level and country-level factors hypothesized to enhance or decrease Big N clients' demand for industry expertise. Using data for 29 countries and 14 broad industries from 1993-2005, we find that international client choice of industry specialist Big N auditors is positively associated with client size, client growth opportunities, and client capital intensity. The choice of industry specialists from among the Big N is more prevalent in countries where levels of investor protection, quality of …


Recruitment-Related Information Sources And Organizational Attractiveness: Can Something Be Done About Negative Publicity?, Greet Van Hoye, Filip Lievens Sep 2005

Recruitment-Related Information Sources And Organizational Attractiveness: Can Something Be Done About Negative Publicity?, Greet Van Hoye, Filip Lievens

Research Collection Lee Kong Chian School Of Business

The present study begins to fill a gap in the recruitment literature by investigating whether the effects of negative publicity on organizational attractiveness can be mitigated by recruitment advertising and positive word-of-mouth. The accessibility-diagnosticity model was used as a theoretical framework to formulate predictions about the effects of these recruitment-related information sources. A mixed 2 x 2 experimental design was applied to examine whether initial assessments of organizational attractiveness based on negative publicity would improve at a second evaluation after exposure to a second, more positive information source. We found that both recruitment advertising and word-of-mouth improved organizational attractiveness, but …


Tools To Keep Projects On The Rails - The Completion Of Projects On Time And To Budget Often Seems An Elusive Goal, But Success Rates Can Be Improved With The Application Of Risk Management Techniques, Bert De Reyck Sep 2005

Tools To Keep Projects On The Rails - The Completion Of Projects On Time And To Budget Often Seems An Elusive Goal, But Success Rates Can Be Improved With The Application Of Risk Management Techniques, Bert De Reyck

Research Collection Lee Kong Chian School Of Business

In 2004 the Standish group, a research company that produces annual reports on IT projects carried out in the US, reported that only 29 per cent of these projects were considered a success, with the vast majority running over time and over budget. Cost overruns averaged 56 per cent of original budgets, and projects took on average 84 per cent longer than originally anticipated. Anecdotal evidence suggests that things are not much better elsewhere. The construction of the new Wembley Stadium in London is two months behind schedule and Pounds 45m over budget. And the West Coast Mainline project, which …