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International Ad Agencies Early Players In The Globalisation Game, Knowledge@Smu Feb 2008

International Ad Agencies Early Players In The Globalisation Game, Knowledge@Smu

Knowledge@SMU

Long before globalisation became a buzzword, large international advertising agencies had already gone down that road starting in the 1990s by aggressively expanded their domestic and international networks. According to Singapore Management University corporate communications professor Mark Chong, the preference of clients to streamline and integrate their brand communications across countries spurred communication agencies to gain a foothold in the international market under umbrella holding companies rather than individually.


Amicus Curiae Brief Relating To The Appeal Challenging The Order Of Provisional Detention Of 14 November 2007, Mahdev Mohan, Vinita Mohan Feb 2008

Amicus Curiae Brief Relating To The Appeal Challenging The Order Of Provisional Detention Of 14 November 2007, Mahdev Mohan, Vinita Mohan

2008 Asian Business & Rule of Law initiative

No abstract provided.


Innovations In Philanthropy: The Rockefeller Foundation’S Perspective, Knowledge@Smu Feb 2008

Innovations In Philanthropy: The Rockefeller Foundation’S Perspective, Knowledge@Smu

Knowledge@SMU

For nearly 100 years, the mission of the Rockefeller Foundation, “to promote the well-being of humanity by addressing the root causes of serious problems”, has remained the same, even as the foundation continues to adapt its programmes to changing social, economic and cultural needs. It is also a leading proponent of innovation and change in the field of philanthropy itself. Jacqueline Khor, Associate Director, Rockefeller Foundation, delivered a lecture on new trends in philanthropy and the emergence of a new generation of “philanthro-capitalists” at a lecture organised by the Singapore Management University’s Lien Foundation Centre for Social Innovation.


Mapping The Discipline Of The Olympic Games An Author-Cocitation Analysis, Peter Warning, Rosie Ching, Kristine Toohey Feb 2008

Mapping The Discipline Of The Olympic Games An Author-Cocitation Analysis, Peter Warning, Rosie Ching, Kristine Toohey

Research Collection School Of Economics

The authors conducted an author cocitation analysis on prominent authors writing about the Olympics during the 1990s. Author cocitation is an established bibliometric technique that can be used to measure the relative similarities of topics written about by the cited authors. This enables a visual representation of the “intellectual space” of the discipline, in this case the Olympics, to be created for the period under review. So core and peripheral research areas are identified, along with their major contributors. The representation appears as a two-dimensional cluster-enhanced map. Subject expertise was then applied to the results to place labels on the …


Short-Horizon Contrarian And Momentum Strategies In Asian Markets: An Integrated Analysis, Thomas H. Mcinish, David K. Ding, Chong Soo Pyun, Udomsak Wongchoti Feb 2008

Short-Horizon Contrarian And Momentum Strategies In Asian Markets: An Integrated Analysis, Thomas H. Mcinish, David K. Ding, Chong Soo Pyun, Udomsak Wongchoti

Research Collection Lee Kong Chian School Of Business

In this paper, we test the profitability of short-term contrarian and momentum strategies, which take into account the effects of trading activity, size/value characteristics, and asymmetric investor responses to news regarding stock markets in Japan, Taiwan, Korea, Hong Kong, Malaysia, Thailand, and Singapore during 1990–2000. Except for the Taiwanese and Korean markets, “winner” (“loser”) portfolios experience subsequent reversal (momentum) of stock prices. Among actively traded stocks, significant contrarian profits can be obtained from only “winner” portfolios in Japan, while sizeable momentum profits from “loser portfolios” in both Japan and Hong Kong.


R&D Project Scheduling When Activities May Fail, Bert De Reyck, Roel Leus Feb 2008

R&D Project Scheduling When Activities May Fail, Bert De Reyck, Roel Leus

Research Collection Lee Kong Chian School Of Business

An R&D project typically consists of several stages. Due to technological risks, the project may have to be terminated before completion, each stage having a specific likelihood of success. In the project planning and scheduling literature, this technological uncertainty has typically been ignored and project plans are developed only for scenarios in which the project succeeds. In this paper we examine how to schedule projects in order to maximize their expected net present value when the project activities have a probability of failure and when an activity's failure leads to overall project termination. We formulate the problem, show that it …


Further Evidence On The Approximation Of Confidence Intervals For Sharpe Style Weights: The Case Of Australian Listed Managed Funds, Kok Fai Phoon, John Watson, Jayasinghe Wickramanayake Feb 2008

Further Evidence On The Approximation Of Confidence Intervals For Sharpe Style Weights: The Case Of Australian Listed Managed Funds, Kok Fai Phoon, John Watson, Jayasinghe Wickramanayake

Research Collection Lee Kong Chian School Of Business

No abstract provided.


The Implications Of Debt Heterogeneity For R&D Investment And Firm Performance, Parthiban David, Jonathan P. O'Brien, Toru Yoshikawa Feb 2008

The Implications Of Debt Heterogeneity For R&D Investment And Firm Performance, Parthiban David, Jonathan P. O'Brien, Toru Yoshikawa

Research Collection Lee Kong Chian School Of Business

An assumption in prior research is that debt is homogeneous and provides inappropriate governance for R&D investments. We argue that debt is heterogeneous: although transactional debt does indeed impose strict contractual constraints that provide inappropriate governance for R&D investments, relational debt has very different characteristics that provide more appropriate governance. Using a sample of Japanese firms, we find that firms that align their debt structures with their R&D investments perform better than those that are misaligned. Furthermore, firms tend to align their debt structure with R&D investments, but only after deregulation permits relatively free access to various types of debt.


Discretionary Behavior With Respect To The Adoption Of Sfas 142 And The Behavior Of Security Prices, Yoonseok Zang Feb 2008

Discretionary Behavior With Respect To The Adoption Of Sfas 142 And The Behavior Of Security Prices, Yoonseok Zang

Research Collection School Of Accountancy

In June 2001, the Financial Accounting Standards Board (FASB) issued SFAS 142, Goodwill and Other Intangible Assets, which takes a very different approach to how goodwill is accounted for subsequent to the initial recognition. The new statement requires that goodwill no longer be amortized, but instead requires a transitional goodwill impairment (initial impairment loss or IIL) test in the adoption fiscal year and an annual impairment test thereafter. Since SFAS 142 allows firms substantial judgment in the adoption year in determining the amount of impairment loss, this dissertation first examines management discretionary behavior in measuring the IIL. The result shows …


Multimodal News Story Clustering With Pairwise Visual Near-Duplicate Constraint, Xiao Wu, Chong-Wah Ngo, Alexander G. Hauptmann Feb 2008

Multimodal News Story Clustering With Pairwise Visual Near-Duplicate Constraint, Xiao Wu, Chong-Wah Ngo, Alexander G. Hauptmann

Research Collection School Of Computing and Information Systems

Story clustering is a critical step for news retrieval, topic mining, and summarization. Nonetheless, the task remains highly challenging owing to the fact that news topics exhibit clusters of varying densities, shapes, and sizes. Traditional algorithms are found to be ineffective in mining these types of clusters. This paper offers a new perspective by exploring the pairwise visual cues deriving from near-duplicate keyframes (NDK) for constraint-based clustering. We propose a constraint-driven co-clustering algorithm (CCC), which utilizes the near-duplicate constraints built on top of text, to mine topic-related stories and the outliers. With CCC, the duality between stories and their underlying …


Perceptions Becoming Reality: Bridging The Market Knowledge Gap, Siu Loon Hoe Feb 2008

Perceptions Becoming Reality: Bridging The Market Knowledge Gap, Siu Loon Hoe

Research Collection School Of Computing and Information Systems

PurposeOrganizations constantly strive to learn about new market trends and ideas to stay ahead of the game. However, with an increased demand of market knowledge, how does the organization motivate employees to constantly acquire and disseminate market knowledge? The purpose of this paper is to highlight the perceived importance of market knowledge in promoting continuous employee acquisition and dissemination of customer and competitor knowledge.Design/methodology/approachThe perceived importance of market knowledge concept is highlighted and discussed.FindingsThe paper offers a view on how management could address the increased demand for market knowledge and how the development and learning team could provide further support …


Optimal Collusion With Internal Contracting, Gea Myoung Lee Feb 2008

Optimal Collusion With Internal Contracting, Gea Myoung Lee

Research Collection School Of Economics

In this paper, we develop a model of collusion in which two firms play an infinitelyrepeated Bertrand game when each firm has a privately-informed agent. The colluding firms, fixing prices, allocate market shares based on the agent’s information as to cost types. We emphasize that the presence of privately-informed agents may provide firms with a strategic opportunity to exploit an interaction between internal contracting and market-sharing arrangement: the contracts with agents may be used to induce firms’ truthful communication in their collusion, and collusive market-share allocation may act to reduce the agents’ information rents.


Integrating Temporal Difference Methods And Self‐Organizing Neural Networks For Reinforcement Learning With Delayed Evaluative Feedback, Ah-Hwee Tan, Ning Lu, Dan Xiao Feb 2008

Integrating Temporal Difference Methods And Self‐Organizing Neural Networks For Reinforcement Learning With Delayed Evaluative Feedback, Ah-Hwee Tan, Ning Lu, Dan Xiao

Research Collection School Of Computing and Information Systems

This paper presents a neural architecture for learning category nodes encoding mappings across multimodal patterns involving sensory inputs, actions, and rewards. By integrating adaptive resonance theory (ART) and temporal difference (TD) methods, the proposed neural model, called TD fusion architecture for learning, cognition, and navigation (TD-FALCON), enables an autonomous agent to adapt and function in a dynamic environment with immediate as well as delayed evaluative feedback (reinforcement) signals. TD-FALCON learns the value functions of the state-action space estimated through on-policy and off-policy TD learning methods, specifically state-action-reward-state-action (SARSA) and Q-learning. The learned value functions are then used to determine the …


The Relevance And Value Of Confucianism In Contemporary Business Ethics, Gary Kok Yew Chan Feb 2008

The Relevance And Value Of Confucianism In Contemporary Business Ethics, Gary Kok Yew Chan

Research Collection Yong Pung How School Of Law

This article examines the relevance and value of Confucian Ethics to contemporary Business Ethics by comparing their respective perspectives and approaches towards business activities within the modern capitalist framework, the principle of reciprocity and the concept of human virtues. Confucian Ethics provides interesting parallels with contemporary Western-oriented Business Ethics. At the same, it diverges from contemporary Business Ethics in some significant ways. Upon an examination of philosophical texts as well as empirical studies, it is argued that Confucian Ethics is able to provide some unique philosophical and intellectual perspectives in order to forge a richer understanding and analysis of the …


Predicting The Psychological Health Of Older Adults: Interaction Of Age-Based Rejection Sensitivity And Discriminative Facility, Debbie Sau-King Chow, Evelyn Wing-Mun Au, Chi-Yue Chiu Feb 2008

Predicting The Psychological Health Of Older Adults: Interaction Of Age-Based Rejection Sensitivity And Discriminative Facility, Debbie Sau-King Chow, Evelyn Wing-Mun Au, Chi-Yue Chiu

Research Collection School of Social Sciences

We hypothesize that older adults who anxiously expect, readily perceive, and intensely react to social rejection because of their old age (i.e., have high age-based rejection sensitivity) are vulnerable to depression and poor social functioning. We further hypothesize that the association between age-based rejection sensitivity and poor psychological health would be attenuated among older adults who possess adequate cognitive coping ability--they can discern and respond discriminatively to subtle variations in situational demands (i.e., have high discriminative facility). Based on the results of a focus group study, we constructed an age-based rejection sensitivity measure, which predicts greater depression, poorer social functioning, …


On Ranking Controversies In Wikipedia: Models And Evaluation, Ba-Quy Vuong, Ee Peng Lim, Aixin Sun, Minh-Tam Le, Hady Wirawan Lauw, Kuiyu Chang Feb 2008

On Ranking Controversies In Wikipedia: Models And Evaluation, Ba-Quy Vuong, Ee Peng Lim, Aixin Sun, Minh-Tam Le, Hady Wirawan Lauw, Kuiyu Chang

Research Collection School Of Computing and Information Systems

Wikipedia 1 is a very large and successful Web 2.0 example. As the number of Wikipedia articles and contributors grows at a very fast pace, there are also increasing disputes occurring among the contributors. Disputes often happen in articles with controversial content. They also occur frequently among contributors who are "aggressive" or controversial in their personalities. In this paper, we aim to identify controversial articles in Wikipedia. We propose three models, namely the Basic model and two Controversy Rank (CR) models. These models draw clues from collaboration and edit history instead of interpreting the actual articles or edited content. While …


The Dark Side Of Authority: Antecedents, Mechanisms, And Outcomes Of Organizational Corruption, Ruth V. Aguilera, Abhijeet K. Vadera Feb 2008

The Dark Side Of Authority: Antecedents, Mechanisms, And Outcomes Of Organizational Corruption, Ruth V. Aguilera, Abhijeet K. Vadera

Research Collection Lee Kong Chian School Of Business

Corruption poisons corporations in America and around the world, and has devastating consequences for the entire social fabric. In this article, we focus on organizational corruption, described as the abuse of authority for personal benefit, and draw on Weber's three ideal-types of legitimate authority to develop a theoretical model to better understand the antecedents of different types of organizational corruption. Specifically, we examine the types of business misconduct that organizational leaders are likely to engage in, contingent on their legitimate authority, motives, and justifications. We conclude by suggesting managerial implications of our theoretical model and propose directions for future research. …


Wafer-Bonded Active/Passive Vertically Coupled Microring Lasers, M. Hamacher, H. Heidrich, U. Troppenz, D. Syvridis, D. Alexandropoulos, S. Mikroulis, A. Kapsalis, Chyng Wen Tee, K. A. Williams, V. Dragoi, M. Alexe, D. Cristea, M. Kusko Feb 2008

Wafer-Bonded Active/Passive Vertically Coupled Microring Lasers, M. Hamacher, H. Heidrich, U. Troppenz, D. Syvridis, D. Alexandropoulos, S. Mikroulis, A. Kapsalis, Chyng Wen Tee, K. A. Williams, V. Dragoi, M. Alexe, D. Cristea, M. Kusko

Research Collection Lee Kong Chian School Of Business

We summarize the results of a European Project entitled WAPITI (Waferbonding and Active Passive Integration Technology and Implementation) dealing with the fabrication and investigation of active/passive vertically coupled ring resonators, wafer bonded on GaAs, and based on full wafer technology. The concept allows for the integration of an active ring laser vertically coupled to a transparent bus waveguide. All necessary layers are grown in a single epitaxial run so that the critical coupling gap can be precisely controlled with the high degree of accuracy of epitaxial growth. One key challenge of the project …


Philanthropy: Giving Meaninfully, Gerard Ee Jan 2008

Philanthropy: Giving Meaninfully, Gerard Ee

Social Space

Helming one of Singapore’s more prominent non-profit organisations, the National Kidney Foundation, at a time when public confidence has been severely shaken, is a feat that requires more than just heartwarming feelings of goodwill. As the giving climate in Singapore gives way to donor fatigue and a degree of scepticism, Gerard Ee tells Social Space the kind of philanthropic acts that he thinks will bring local charity to the next level.


The Dilemmas Of Giving: The Heart Of Paradox, Charles Hampden-Turner, Teng Kee Tan Jan 2008

The Dilemmas Of Giving: The Heart Of Paradox, Charles Hampden-Turner, Teng Kee Tan

Social Space

In their attempts to ‘do-good’ and alleviate the pains of the less fortunate, the impoverished and the disadvantaged, foundations and charitable bodies face common dilemmas. Professor Charles Hampden-Turner and Professor Tan Teng Kee explore.


When The Client Comes First, Bee Lian Ang Jan 2008

When The Client Comes First, Bee Lian Ang

Social Space

When donors, government and other funders provide support, they want assurances that the daily living conditions and lives of the beneficiaries are actually improved. The one question that is often asked is: What is the outcome of the help or service rendered? The science of determining outcomes, or outcome management, has its roots in social science evaluation research. Besides being used as a tool to evaluate the achievement of client outcomes, it is also a valuable management tool.


Growing Green Space, Geh Min Jan 2008

Growing Green Space, Geh Min

Social Space

Environmental groups: Saviours of the world or nutty nuisances? Dr Geh Min traces the evolution of the green movement in Singapore in the context of changing political, social and environmental values.


Singapore Management University Report To Stakeholders 2008 - 2009, Singapore Management University Jan 2008

Singapore Management University Report To Stakeholders 2008 - 2009, Singapore Management University

Report to Stakeholders

SMU was envisioned as a bold experiment to redefine tertiary education in Singapore. Taking up the gauntlet to bring university education to a new threshold, it challenges itself to become a leading research university known for its innovative pedagogy that produces a different kind of graduate: all-rounded, talented individuals who can think creatively and divergently, filled with business world savvy and strong interpersonal skills yet rooted in social consciousness. The untested ideas of yesterday have become pages after pages of success stories which we continue to celebrate every Commencement in August. Against the backdrop of not only the worst global …


More Than Just Tugging At The Heartstrings, B. Joon Park Jan 2008

More Than Just Tugging At The Heartstrings, B. Joon Park

Social Space

If you are a non-profit organisation and thinking about starting a social enterprise in Singapore, B. Joon Park has some start-up tips.


Social Learning Spaces In The Li Ka Shing Library, Pin Pin Yeo Jan 2008

Social Learning Spaces In The Li Ka Shing Library, Pin Pin Yeo

Research Collection Library

This paper describes the efforts made by the Li Ka Shing Library, Singapore Management University, in the design, creation and continual improvements of its spaces to meet the needs of its community. The Collaborative Study Area was presented as an example of introducing social learning spaces into the Library. We conducted a survey to measure the satisfaction with our spaces and the activities carried out in the Library. In striving to become a research, social and event space for its community, the Library is also used as an event and training space. This article was presented as a paper at …


The Charity Ecosystem, Willie Cheng Jan 2008

The Charity Ecosystem, Willie Cheng

Social Space

The non-profit sector is slowly moving from an era of ‘Just Doing Good’ to one of ‘Doing Good Well’. Willie Cheng argues that this new era requires the various components of an effective and self-sustaining charity ecosystem – regulator, capacity builders, charities, beneficiaries and the community (individuals, corporations, media and government) – to be in place and functioning properly.


Singapore: The New Philanthropic Hub, Terry Alan Farris Jan 2008

Singapore: The New Philanthropic Hub, Terry Alan Farris

Social Space

With the recent implementation of greater accountability and fewer restrictions in the charity sector, there is now greater scope for Singapore to establish itself as an important regional philanthropic hub. Terry Alan Farris surveys the new landscape.


Overseas Giving: Should Charity Begin At Home?, Chi Chiu Tan Jan 2008

Overseas Giving: Should Charity Begin At Home?, Chi Chiu Tan

Social Space

In extending a hand overseas with developmental and humanitarian aid, is Singapore doing what is best for itself and the recipient communities? And what role does its government have to play in this arena? Dr Tan Chi Chiu weighs in.


Tracing Singapore's Social Sector, Sharifah Maisharah Jan 2008

Tracing Singapore's Social Sector, Sharifah Maisharah

Social Space

How has the face of Singapore’s social sector changed through the shifting landscape of state provision? Sharifah Maisharah looks at the evolution of the social sector pastiche starting from colonial rule in 1819.


Resuscitating A Healthcare Charity, R Akhileswaran, Seet Ai Mee Jan 2008

Resuscitating A Healthcare Charity, R Akhileswaran, Seet Ai Mee

Social Space

When government funding policies change, voluntary welfare organisations that depend largely on subsidies to run their services can find their survival at stake. Dr R Akhileswaran and Dr Seet Ai Mee present the case study of HCA Hospice Care.