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Full-Text Articles in Social and Behavioral Sciences

Transnational Corporate Governance Codes: Lessons From Regulating Related Party Transactions In Hong Kong And Singapore, Christopher C. H. Chen, Wai Yee Wan Nov 2019

Transnational Corporate Governance Codes: Lessons From Regulating Related Party Transactions In Hong Kong And Singapore, Christopher C. H. Chen, Wai Yee Wan

Research Collection School Of Law

Many jurisdictions around the world, includingAsia, have corporate governance codes largely based on the transnational codedrafted by the Organisation for Economic Cooperation and Development (OECD).The core ideas underpinning the OECD’s principles of corporate governance are boardindependence and proper management of conflicts of interest. These ideas, drawnfrom the Anglo-American model of corporate governance, are designed to protectcompanies and their shareholders. However, the question remains as to whether atransnational corporate governance code is always appropriate and effective, particularlywhen the kinds of companies listed on the stock exchange significantly differfrom the Anglo-American model. In this article, we examine Hong Kong andSingapore ...


An Analysis Of Z-Scores And Performance: Manufacturing Companies In Hong Kong, S.L. Foo, Shaakalya Pathak Apr 2019

An Analysis Of Z-Scores And Performance: Manufacturing Companies In Hong Kong, S.L. Foo, Shaakalya Pathak

Research Collection School Of Accountancy

Hong Kong is a key leading economy in the Asia Pacific region. This study examines the relationship between the financial health, as measured by the Altman Z-Score, and corporate performance, as measured by the Return on Equity (ROE), of listed manufacturing companies in this market. A linear regression has been conducted between these variables to determine the magnitude and direction of their relationships. The trends of Z-Scores over a five-year period have also been analysed. The analysis covers the period from 2013 to 2017 (inclusive) and yields a statistically positive correlation between ROE and the Z-Score for the market. Hong ...


A One-Size-Fits-All Approach To Corporate Governance Codes And Compliance By Smaller Listed Firms: An Examination Of Companies Listed In Hong Kong And Singapore, Christopher C. H. Chen Jan 2019

A One-Size-Fits-All Approach To Corporate Governance Codes And Compliance By Smaller Listed Firms: An Examination Of Companies Listed In Hong Kong And Singapore, Christopher C. H. Chen

Research Collection School Of Law

This article examines the impact of aone-size-fits-all corporate governance code on smaller listed firms, which shouldhave fewer resources to hire more qualified independent directors for theirboards and board committees. After examining data from a sample of companieslisted in Hong Kong and Singapore, we find some limited support for these resources-basedarguments. While smaller firms do not necessarily have a lower proportion ofboard members who are independent directors, some evidence suggests that smallerfirms do pay less to independent directors and that these directors have toserve on multiple board committees. Although many larger firms also share theproblem of overloading their independent directors, the ...


Hostile Takeover Regimes In Asia: A Comparative Approach, Umakanth Varottil, Wai Yee Wan Jan 2019

Hostile Takeover Regimes In Asia: A Comparative Approach, Umakanth Varottil, Wai Yee Wan

Research Collection School Of Law

The market for corporate control is animportant corporate governance mechanism for the discipline of corporatemanagers. However, the process and substance of the regulation of hostiletakeovers differs remarkably among various jurisdictions. Existing andinfluential scholarship has focused on the differences in regulation between UnitedStates (US) and the United Kingdom (UK), with the explanations being founded ininterest group politics. Influential as it is, the question is whether thetheory can be extended outside of the US and the UK, particularly to theirlegal transplants in Asia? In the last few decades, many of the Asianjurisdictions have drawn heavily from the US and the UK when ...


When Secular Universalism Meets Pluralism: Religious Schools And The Politics Of School-Based Management In Hong Kong, Junxi Qian, Lily Kong May 2018

When Secular Universalism Meets Pluralism: Religious Schools And The Politics Of School-Based Management In Hong Kong, Junxi Qian, Lily Kong

Research Collection School of Social Sciences

This article examines the politics of school-based management (SBM) in Hong Kong, with a specific focus on the conflicts between the state and three Christian churches (Catholic, Anglican, and Methodist) running state-funded religious schools. Although the state based its advocacy for SBM on neoliberally driven ideas of participation, transparency, and accountability, religious groups expressed worry about the loss of control over schools as an institution of value transmission anchored in religious beliefs. This article uses the SBM controversy as a case study to advance geographical debates on religious schools and argues that neoliberalism forms a necessary lens through which to ...


Buddhism Co. Ltd? Epistemology Of Religiosity, And The Re-Invention Of A Buddhist Monastery In Hong Kong, Junxi Qian, Lily Kong Feb 2018

Buddhism Co. Ltd? Epistemology Of Religiosity, And The Re-Invention Of A Buddhist Monastery In Hong Kong, Junxi Qian, Lily Kong

Research Collection School of Social Sciences

This article re-theorises the relationships between secularity and religiosity in modernity. While geographers have recognised that the secular and the religious are mutually constituted, this article pushes this theorisation further, arguing that the religious and the secular are in fact hybrid constructs that embrace simultaneously the sacred and profane, the transcendent and the immanent. Albeit the significant advancement in disrupting enclosed epistemologies of secular modernity, relatively less work has sought to theorise the possibility of religion as a hybrid operating at the secular–religious interface. Focusing on the ways in which a non-Western religion, Buddhism, performs entangled relationships between religiosity ...


Epilogue: Conscientization In The Aftermath Of The Umbrella Movement, Justin Kh Tse Jul 2016

Epilogue: Conscientization In The Aftermath Of The Umbrella Movement, Justin Kh Tse

Research Collection School of Social Sciences

The essays in this volume have demonstrated that the Umbrella Movement brought about a new theological moment in Hong Kong. As discussed in the introduction, theological actors in Hong Kong can be described as having followed the see-judge-act process of liberation theology. Indeed, the seeing and judging of Hong Kong’s situation that began with Occupy Central with Love and Peace (OCLP) in 2013 culminated unexpectedly with the action of the 2014 protests, transcending the wildest imaginations of the seers and the judges. In turn, the authors of this book have seen the 2014 protests and have also judged them ...


Introduction: The Umbrella Movement And Liberation Theology, Justin Kh Tse Jul 2016

Introduction: The Umbrella Movement And Liberation Theology, Justin Kh Tse

Research Collection School of Social Sciences

September 28, 2014, is usually considered the day that the theological landscape in Hong Kong changed. For 79 days, hundreds of thousands of Hong Kong citizens occupied key political and economic sites in the Hong Kong districts of Admiralty, Causeway Bay, and Mong Kok, resisting the government’s attempts to clear them out until court injunctions were handed down in early December. Captured on social media and live television, the images of police in Hong Kong throwing 87 volleys of tear gas and pepper-spraying students writhing in agony have been imprinted onto the popular imagination around the world. Using the ...


The Umbrella Movement And The Political Apparatus: Understanding "One Country, Two Systems", Justin Kh Tse Jul 2016

The Umbrella Movement And The Political Apparatus: Understanding "One Country, Two Systems", Justin Kh Tse

Research Collection School of Social Sciences

Prior to the Umbrella Movement, there was little reason for people who were not from Hong Kong to care much about its politics, unless, of course, one were a devoted reader of The Economist, which did cover Hong Kong as a former British colony. Alas, my experience in the academy corroborates the former sentiment: when I began studying Christian involvement in Hong Kong’s politics in the late 2000s, nobody was interested. “You have to study Christianity in China,” one advisor said, “because that’s where the jobs are.” The growth of the People’s Republic of China (PRC), especially ...


Wang Gungwu [Hong Kong, Vice-Chancellor Hku, Historian], Wang Gungwu Jun 2015

Wang Gungwu [Hong Kong, Vice-Chancellor Hku, Historian], Wang Gungwu

Digital Narratives of Asia

Renown historian Wang Gungwu has helmed several academic institutions, including the University of Hong Kong (HKU) as Vice-Chancellor from 1986-1995. In this DNA interview, he tells of how he worked to help HKU manage the historic transition from colonial British rule to the Chinese "One-country-two-systems" rule, and along the way, grow the university's research side of the house as well.


Transnational Youth Transitions: Becoming Adults Between Vancouver And Hong Kong, Justin Kh Tse, Johanna L. Waters Feb 2013

Transnational Youth Transitions: Becoming Adults Between Vancouver And Hong Kong, Justin Kh Tse, Johanna L. Waters

Research Collection School of Social Sciences

In the context of the academic interest shown in the enduring transnation-alism of contemporary migrants and in the modes of transitions to adulthood in different global settings, in this article we examine the transnational lives of adolescents moving between Vancouver (Canada) and Hong Kong. While there is a lot of literature on the parents’ political and economic calculations, there is very little on how adolescents in these situations articulate their geographical sensibilities. We draw on three periods of fieldwork undertaken in 2002, 2008 and 2010 during which we employed a transnational methodology to interview young people in Vancouver and Hong ...


Improbable Art: The Creative Economy And Sustainable Cluster Development In A Hong Kong Industrial District, Lily Kong Mar 2012

Improbable Art: The Creative Economy And Sustainable Cluster Development In A Hong Kong Industrial District, Lily Kong

Research Collection School of Social Sciences

A noted Singapore-based cultural geographer and specialist on Asia analyzes the emergence and functioning of a unique artistic cluster in Hong Kong's Fotan light industrial district. The objective of the research is to understand how artistic work in the cluster, despite some challenges, has thus far proven sustainable in cultural, social, and economic terms. The findings of this case study permit further clarification of several dimensions of an emerging theory of cultural/creative clusters, which should be considered as distinct from business and industrial clusters. Selective comparisons between the Fotan cluster and the Moganshan Lu cluster in Shanghai demonstrate ...


Changing Our Service Interface To Support Learning: Information Literacy In The Virtual Environment At The City University Of Hong Kong Library, Bethany Wilkes, Hsianghoo Steve Ching, Shun-Wa Lee, Joanna Pong, Anna Ryan Apr 2010

Changing Our Service Interface To Support Learning: Information Literacy In The Virtual Environment At The City University Of Hong Kong Library, Bethany Wilkes, Hsianghoo Steve Ching, Shun-Wa Lee, Joanna Pong, Anna Ryan

Research Collection Library

No abstract provided.


Cultural Icons And Urban Development In Asia: Economic Imperative, National Identity, And Global City Status, Lily Kong May 2007

Cultural Icons And Urban Development In Asia: Economic Imperative, National Identity, And Global City Status, Lily Kong

Research Collection School of Social Sciences

Global cities are characterized by the multiplicity of flows that they are implicated in - flows of people, goods, services, ideas, and images. Yet, global cities do not derive their status only on the basis that they are networked nodes. They also require particular forms of cultural capital. Cities with global aspirations have thus increasingly recognized the need to accumulate cultural capital, for which one means is to create new urban spaces, in particular, new cultural urban spaces (e.g. grand theatres, museums, libraries). These often monumental structures are intended to support a vibrant cultural life, in order to attract and ...


The Bid Challenge Procedures Under The Wto Government Procurement Agreement: A Critical Study Of The Hong Kong Experience, Henry Gao Jan 2007

The Bid Challenge Procedures Under The Wto Government Procurement Agreement: A Critical Study Of The Hong Kong Experience, Henry Gao

Research Collection School Of Law

While there has been an extensive literature on the challenge procedure of the WTO Government Procurement Agreement (GPA) in general, as well as excellent country studies on the operation of the national challenge procedures of several key GPA Members, no such study has been conducted for Hong Kong yet. In the view of the author, even though Hong Kong has a relatively small procurement market, it combines the features of a clean and effective government and a highly internationalised procurement market, and thus makes an interesting subject of study. In this article, the author examines the efforts made by the ...


Procedural Issues In The Anti-Dumping Regulations Of China: A Critical Review Under The Wto Rules, Won-Mog Choi, Henry S. Gao Nov 2006

Procedural Issues In The Anti-Dumping Regulations Of China: A Critical Review Under The Wto Rules, Won-Mog Choi, Henry S. Gao

Research Collection School Of Law

Since the World Trade Organization (WTO) was established, China his made large-scale efforts to shape its trade remedy system through legal and organizational changes. Through these changes, China could clarify the meanings of WTO anti-dumping provisions including the provision relating to the definition of domestic industry. Moreover, procedural disciplines on reviews were fortified in Chinese anti-dumping system. While the overall improvements to the trade remedy system of China are evident, definitions of several key legal terms, including the concept of related producers, the negligible import standard, and adjustment factors for a fair comparison between normal values and export prices are ...


The Sociality Of Cultural Industries: Hong Kong's Cultural Policy And Film Industry, Lily Kong Aug 2006

The Sociality Of Cultural Industries: Hong Kong's Cultural Policy And Film Industry, Lily Kong

Research Collection School of Social Sciences

In this article, I explore the sociality of cultural industries by analyzing the film industry in Hong Kong. In particular, the social networks and relationships at multiple scales – across national boundaries, within local settings and on production sets – are examined, revealing their critical role in contributing to the health of the film industry. The risks faced at various steps of the production, marketing and distribution process are ameliorated by trust relations, built up through time between social actors in spontaneous ways. While Hong Kong cultural policy in part seeks to create the social and spatial contexts within which social networks ...


The Internet And Civil Society: Environmental And Labour Organizations In Hong Kong, Yin-Wah Chu, James T. H. Tang Dec 2005

The Internet And Civil Society: Environmental And Labour Organizations In Hong Kong, Yin-Wah Chu, James T. H. Tang

Research Collection School of Social Sciences

To what extent has the Internet strengthened civil society? In which ways have civil society organizations (CSOs) used the internet to communicate their missions, enhance the discussion of public issues, extend networks and mobilize collective actions? This article seeks to answer these and related questions by reporting on an empirical study in Hong Kong. The study involves an analysis of the web pages launched by 14 environmental groups and 22 labour organizations on the one hand, and in-depth interviews with representatives of five of these organizations on the other. Due to the lack of resources and low level of e-readiness ...


Effects Of Electronic Trading On The Hang Seng Index Futures Market, Joseph K. W. Fung, Donald Lien, Yiuman Tse, Yiu Kuen Tse Jan 2005

Effects Of Electronic Trading On The Hang Seng Index Futures Market, Joseph K. W. Fung, Donald Lien, Yiuman Tse, Yiu Kuen Tse

Research Collection School Of Economics

This investigation of the switch from open-outcry trading to electronic trading on the Hang Seng Index (HSI) futures contract reveals that the bid–ask spread narrows and the futures price plays more of a role in information transmission. Factors, such as anonymity in trading and fast order execution in electronic trading, attract informed traders to the futures market, enhancing the information flow. Our results provide support for the worldwide trend of transforming open-outcry markets into electronic trading platforms


The Closer Economic Partnership Arrangement (Cepa) Between Mainland China And Hong Kong: Legal And Economic Analyses, Henry Shuchao Gao Jan 2004

The Closer Economic Partnership Arrangement (Cepa) Between Mainland China And Hong Kong: Legal And Economic Analyses, Henry Shuchao Gao

Research Collection School Of Law

On 29 June 2003, the Central Government of the People's Republic of China (the Mainland) and the Hong Kong Special Administrative Region (HKSAR) signed the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA). As the first Regional Trade Agreement (RTA) for both sides, the CEPA provides a model for China to use the arrangements allowed under the rules of the World Trade Organization (WTO) to further trade liberalisation and promote economic development. This article discusses the legal issues raised under the WTO rules as well as the possible economic implications of CEPA. Legally speaking, the CEPA probably satisfies ...


Effects Of Electronic Trading On The Hang Seng Index Futures Market, Joseph Fung, Donald Lien, Yiuman Tse, Yiu Kuen Tse Jan 2003

Effects Of Electronic Trading On The Hang Seng Index Futures Market, Joseph Fung, Donald Lien, Yiuman Tse, Yiu Kuen Tse

Research Collection School Of Economics

This paper investigates the effects of the migration of the Hang Seng Index futures from open-outcry trading to electronic trading. Using trade data over a window of six months we find evidence that, after the migration, the bid-ask spread of the futures contract decreases and the contribution of the futures price in information transmission increases. Furthermore, the asymmetry in volatility spillover reduces and the open interests of the futures market become smaller. These results suggest that the anonymity in trading and the higher speed of order execution in the electronic trading system attract informed traders to the futures market and ...


Hong Kong And Singapore, Sock Yong Phang Jan 2000

Hong Kong And Singapore, Sock Yong Phang

Research Collection School Of Economics

There are many similarities between Hong Kong and Singapore. They have both enjoyed high rates of economic growth over the past three decades, averaging six percent a year in real terms. The two have become known as “East Asian Tigers,” having made the transition from poverty to newly industrialized economies in a relatively short time. Both started off as British colonies, with British legal and administrative systems, and made their living as trading ports serving their respective regions. Singapore has been an independent republic since 1965; Hong Kong was returned to China on July 1, 1997. While Hong Kong and ...


Differential Emphases On Modernity And Confucian Values In Social Categorization: The Case Of Hong Kong Adolescents In Political Transition, Shui-Fong Lam, Ivy Yee-Man Lau, Chi-Yue Chiu, Ying-Yi Hong, Si-Qing Peng Mar 1999

Differential Emphases On Modernity And Confucian Values In Social Categorization: The Case Of Hong Kong Adolescents In Political Transition, Shui-Fong Lam, Ivy Yee-Man Lau, Chi-Yue Chiu, Ying-Yi Hong, Si-Qing Peng

Research Collection School of Social Sciences

This study investigated if modernity and Confucian values were ingroups positively valued distinctiveness for Hong Kong adolescents with different social identities. Participants (236 Hong Kong adolescents) filled out a questionnaire which tapped social identity and intergroup perception. They also participated in a card-sorting activity in which they decided if any of 20 attributes (e.g., advanced, respecting collective will) could be used to characterize a specific ethnic–social group (e.g., mainland Chinese, Hongkongers, Americans). Multidimensional scaling performed on the card-sorting data resulted in a two-dimensional solution. Emphasis on Dimension 1 (modernity) correlated with positive perception of Hong Kong and ...


Language Use As Carrier Of Social Identity, Yuk-Yue Tong, Ying-Yi Hong, Sau-Lai Lee, Chi-Yue Chiu Mar 1999

Language Use As Carrier Of Social Identity, Yuk-Yue Tong, Ying-Yi Hong, Sau-Lai Lee, Chi-Yue Chiu

Research Collection School of Social Sciences

In the present study, we examined the relationship of social identity (Hongkonger or Chinese) and the attitudes toward bilingual code switching in a conversation between a Hong Kong person and a Chinese Mainlander. Students from a local university in Hong Kong (N = 159) listened to a four-turn conversation between a Hong Kong person and a Mainlander in a wedding party. As expected, when the speaker converged to the Putonghua (the Mainland official language), those who claimed a Hongkonger identity judged the Hong Kong speaker less favourably than did those who claimed a Chinese identity. In addition, participants who claimed a ...


Hong Kong In United States-China Relations: The International Politics Of Hong Kong's Reversion To Chinese Sovereignty, James T. H. Tang Jan 1997

Hong Kong In United States-China Relations: The International Politics Of Hong Kong's Reversion To Chinese Sovereignty, James T. H. Tang

Research Collection School of Social Sciences

This article examines the implications of the political transition of Hong Kong onUS-China relations in strategic, political and economic dimensions. It evaluates the impactof Hong Kong's changing status in the context of the engagement-containment debate onChina policy in the US. It suggests that US concerns over questions such as democracy andhuman rights and China's rejection of foreign interference' in Hong Kong would turn theterritory into a source of political conflict between the US and China. Finally it points outthat any major trade confrontation between the two countries would have serious implicationsfor the territory. The article concludes by arguing ...


The Hong Kong Jury: A Microcosm Of Society?, Peter Duff, Mark Findlay, Carla Howarth Oct 1990

The Hong Kong Jury: A Microcosm Of Society?, Peter Duff, Mark Findlay, Carla Howarth

Research Collection School Of Law

The claim that the jury is a randomly chosen and representative sample of community is an important part of the ideology which currently underpins the institution. Supporters of the jury argue that both its impartiality and its independence from the State are bolstered by the fact that it represents a randomly selected cross-section of the populace. In most common law jurisdictions where the jury operates, various steps have been taken over recent years in order preserve and strengthen the perception of the jury as a "microcosm of democratic society". For example, in England the property qualification for jurors was removed ...