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2021

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Situational Judgment Tests: From Low-Fidelity Simulations To Alternative Measures Of Personality And The Person-Situation Interplay, Filip Lievens, Philipp Schäpers, Christoph N. Herde Jan 2021

Situational Judgment Tests: From Low-Fidelity Simulations To Alternative Measures Of Personality And The Person-Situation Interplay, Filip Lievens, Philipp Schäpers, Christoph N. Herde

Research Collection Lee Kong Chian School Of Business

In employment and education settings, Situational Judgment Tests (SJTs) have made strong inroads. So far, however, they are still underutilized in personality research. The objective of this chapter is to outline how SJTs might be adapted to measure personality traits, shed light onto the person-situation interplay, and stimulate research on it. We start by discussing the traditional simulation-based view on SJTs, including information on their development and research results. Next, we show how more recent versions have started to assess people’s knowledge of relevant behavior related to personality traits. Finally, we specify various strategies as to how SJTs might be …


Capm-Based Company (Mis)Valuations, Olivier Dessaint, Jacques Olivier, Clemens A. Otto, David Thesmar Jan 2021

Capm-Based Company (Mis)Valuations, Olivier Dessaint, Jacques Olivier, Clemens A. Otto, David Thesmar

Research Collection Lee Kong Chian School Of Business

There is a discrepancy between CAPM-implied and realized returns. Using the CAPM in capital budgeting -- as recommended in textbooks -- should thus have real effects. For instance, low beta projects should be valued more by CAPM-users than by the market. We test this hypothesis using M&A data and show that bids for low-beta private targets entail lower bidder returns. We provide further support by testing several ancillary predictions. Our analyses suggest that using the CAPM when valuing targets leads to valuation errors (relative to the market's view) corresponding on average to 12% to 33% of the deal values.


Crowdfunding Digital Platforms: Backer Networks And Their Impact On Project Outcomes, Yee Heng Tan, Srinivas K. Reddy Jan 2021

Crowdfunding Digital Platforms: Backer Networks And Their Impact On Project Outcomes, Yee Heng Tan, Srinivas K. Reddy

Research Collection Lee Kong Chian School Of Business

Crowdfunding platforms serve to connect project creators and backers. Previous research has explored several project and platform determinants that impact crowdfunding outcomes. However, there has been limited research on these determinants at an individual level. Our paper addresses how backers may influence the outcomes of projects in crowdfunding platforms. We explore several methods commonly used in the industry to identify influence and show that centrality measures through a backer affiliation network best exemplifies influence. Using data from Kickstarter, we construct a weighted backer network based on 52,678 common projects backed by 11,134 backers. Controlling for digital media mentions and project …


Globalization And Affordability Of Microfinance, Sunny Li Sun, Hao Liang Jan 2021

Globalization And Affordability Of Microfinance, Sunny Li Sun, Hao Liang

Research Collection Lee Kong Chian School Of Business

We study how globalization can differentially affect financial inclusion through the lens of microfinance. Based on an institutional logics perspective, we argue that MFIs embody both social logic and market logic with regard to provision of affordable microfinance loans. Speicially, social logic is amplified by greater social globalization and the stronger presence of nonprofit organizations (NPOs) in the microfinance industry. In contrast, economic globalization catalyzes MFIs' market logic, leading to weaker or greater affordability of microfinance, depending on the relative strength of the profit-maximizing motive and real competition. We test these predictions by focusing on MFI interest-rate setting and using …


Pay For Performance: When Does It Fail?, Nirmalya Kumar, Madan Pillutla Jan 2021

Pay For Performance: When Does It Fail?, Nirmalya Kumar, Madan Pillutla

Research Collection Lee Kong Chian School Of Business

The consensus in social psychology is that monetary incentives for performance have a detrimental impact on individual performance. Yes, under certain specific and limited conditions, rewards can reduce performance. Yet pay for performance schemes are ubiquitous. How can we resolve this divergence between theoretical recommendations and observed practices? Nirmalya Kumar and Madan Pillutla recommend solving the problem by designing smarter incentives that avoid these detrimental effects.


Getting Undergraduates Ready For China’S Belt And Road Initiative (Bri) Through An Overseas Experiential Learning Project, China And The World: Ancient And Modern Silk Road, Andrew Chin, Thomas Menkhoff, Hans-Dieter Evers, Hoong Hui Daniel Gn, Kevin Koh, Chester Wey Lee, Patrick Loh, Linda Low, Sebastian Tan, Teng Seng Teo, Natalie Yap Jan 2021

Getting Undergraduates Ready For China’S Belt And Road Initiative (Bri) Through An Overseas Experiential Learning Project, China And The World: Ancient And Modern Silk Road, Andrew Chin, Thomas Menkhoff, Hans-Dieter Evers, Hoong Hui Daniel Gn, Kevin Koh, Chester Wey Lee, Patrick Loh, Linda Low, Sebastian Tan, Teng Seng Teo, Natalie Yap

Research Collection Lee Kong Chian School Of Business

In this paper, we explain how an experiential learning course and study tour to Gansu Province (People’s Republic of China) enabled undergraduates at the Singapore Management University (SMU) to acquire 21st-century competencies and higher-order thinking skills by analyzing and evaluating specific aspects of China’s Belt and Road Initiative (BRI) and China–Singapore (Chongqing) Connectivity Initiative — New International Land–Sea Trade Corridor (CCI-ILSTC) with emphasis on developing viable Go-To-Market (GTM) strategies aimed at selling Gansu produce in four Southeast Asian markets. We share how the course was designed to support the attainment of key learning goals and discuss how we turned pedagogical …


Innovation Governance In Chinese Family Business: A Case Study, Thomas Menkhoff, Geok Chwee Ong Jan 2021

Innovation Governance In Chinese Family Business: A Case Study, Thomas Menkhoff, Geok Chwee Ong

Research Collection Lee Kong Chian School Of Business

Corporate innovation governance can be defined as a systematic approach to align goals, allocate resources and assign decision-making authority for innovation, across the company and with external parties. While the dos and don’ts of innovation governance approaches in non-Asian firms are fairly well researched, little is known about the Chinese way of governing innovation in Asian family firms. This paper provides insights into the innovation management capabilities of Qian Hu, an integrated ornamental fish service provider incorporated in Singapore in 1998. Based on half-structured interviews with its Executive Chairman and MD Mr. Kenny Yap, we exemplify the key components of …


Marketing Agility: The Concept, Antecedents, And A Research Agenda, Kartik Kalaignanam, Kapil R. Tuli, Tarun Kushwaha, Leonard Lee, David T Gal Jan 2021

Marketing Agility: The Concept, Antecedents, And A Research Agenda, Kartik Kalaignanam, Kapil R. Tuli, Tarun Kushwaha, Leonard Lee, David T Gal

Research Collection Lee Kong Chian School Of Business

Changes in the way customers shop, accompanied by an explosion of customer touchpoints and fast-changing competitive and technological dynamics, have led to an increased emphasis on agile marketing. The objective of this article is to conceptualize and investigate the emerging concept of marketing agility. The authors synthesize the literature from marketing and allied disciplines and insights from in-depth interviews with 22 senior managers. Marketing agility is defined as the extent to which an entity rapidly iterates between making sense of the market and executing marketing decisions to adapt to the market. It is conceptualized as occurring across different organizational levels …


Inducing Compliance With Postmarket Studies For Drugs Under Fda's Accelerated Approval Pathway, Liang Xu, Hui Zhao, Nicholas C. Petruzzi Jan 2021

Inducing Compliance With Postmarket Studies For Drugs Under Fda's Accelerated Approval Pathway, Liang Xu, Hui Zhao, Nicholas C. Petruzzi

Research Collection Lee Kong Chian School Of Business

Problem definition: In 1992, the Food and Drug Administration (FDA) instituted the accelerated approval pathway (AP) to allow promising drugs to enter the market based on limited evidence of efficacy, thereby permitting manufacturers to verify true clinical benefits through postmarket studies. However, most postmarket studies have not been completed as promised. We address this noncompliance problem. Academic/practical relevance: The prevalence of this noncompliance problem poses considerable public health risk, thus compromising the original purpose of a well-intentioned AP initiative. We provide an internally consistent and implementable solution to the problem through a comprehensive analysis of the myriad complicating factors and …


An Evaluation Of The Social And Economic Impact Of A Marine Protected Area On Commercial Fisheries, Se Rees, Matthew Ashley, Louisa Evans, Stephen Mangi, Emma V. Sheehan, Tom Mullier, A Rees, Martin J. Attrill Jan 2021

An Evaluation Of The Social And Economic Impact Of A Marine Protected Area On Commercial Fisheries, Se Rees, Matthew Ashley, Louisa Evans, Stephen Mangi, Emma V. Sheehan, Tom Mullier, A Rees, Martin J. Attrill

School of Biological and Marine Sciences

No abstract provided.


Sustained Productivity And Respiration Of Degrading Kelp Detritus In The Shallow Benthos: Detached Or Broken, But Not Dead, N Frontier, Bettignies F De, A Foggo, D Davoult Jan 2021

Sustained Productivity And Respiration Of Degrading Kelp Detritus In The Shallow Benthos: Detached Or Broken, But Not Dead, N Frontier, Bettignies F De, A Foggo, D Davoult

School of Biological and Marine Sciences

No abstract provided.


Predicting Dominance Of Sand Transport By Waves, Tides, And Their Interactions On Sandy Continental Shelves, E. V. King, D. C. Conley, G. Masselink, N. Leonardi Jan 2021

Predicting Dominance Of Sand Transport By Waves, Tides, And Their Interactions On Sandy Continental Shelves, E. V. King, D. C. Conley, G. Masselink, N. Leonardi

School of Biological and Marine Sciences

No abstract provided.


Emergent Coastal Behaviour Results In Extreme Dune Erosion Decoupled From Hydrodynamic Forcing, Simon Hird, Christopher Stokes, Gerd Masselink Jan 2021

Emergent Coastal Behaviour Results In Extreme Dune Erosion Decoupled From Hydrodynamic Forcing, Simon Hird, Christopher Stokes, Gerd Masselink

School of Biological and Marine Sciences

No abstract provided.


Plasticity Of Thermal Performance Curves In A Narrow Range Endemic Water Beetle, Susana Pallarés, Wilco C.E.P. Verberk, David T. Bilton Jan 2021

Plasticity Of Thermal Performance Curves In A Narrow Range Endemic Water Beetle, Susana Pallarés, Wilco C.E.P. Verberk, David T. Bilton

School of Biological and Marine Sciences

No abstract provided.