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Full-Text Articles in Business

Selection Of Expatriates For Regional Business Operations In Asia: A Study Of Mne Managers In Singapore, A. Ahad M. Osman-Gani, Wee Liang Tan, Thian Ser Toh Aug 1999

Selection Of Expatriates For Regional Business Operations In Asia: A Study Of Mne Managers In Singapore, A. Ahad M. Osman-Gani, Wee Liang Tan, Thian Ser Toh

Research Collection Lee Kong Chian School Of Business

The recent interest for regionalization of business operations in Asia underscores the demand for expatriates. While much has been written on expatriation, very little was documented on expatriates assigned in Asian countries. In this respect, American, German, Japanese and Korean MNEs have been found to take active interests in regional expansion of business in Asia. Expatriation is a significant international management issue for them. The high costs of expatriation and the risks for expatriate failures also underscore this importance. As such, selecting the right candidate for expatriation success is a crucial issue for these MNEs. This paper presents the findings …


Theory And Research In Strategic Management: Swings Of A Pendulum, Robert E. Hoskisson, Michael A. Hitt, William P. Wan, Daphne W. Yiu Aug 1999

Theory And Research In Strategic Management: Swings Of A Pendulum, Robert E. Hoskisson, Michael A. Hitt, William P. Wan, Daphne W. Yiu

Research Collection Lee Kong Chian School Of Business

The development of the field of strategic management within the last two decades has been dramatic. While its roots have been in a more applied area, often referred to as business policy, the current field of strategic management is strongly theory based, with substantial empirical research, and is eclectic in nature. This review of the development of the field and its current position examines the field's early development and the primary theoretical and methodological bases through its history. Early developments include Chandler's (1962) Strategy and Structure and Ansoff's (1965) Corporate Strategy. These early works took on a contingency perspective (fit …


Theory And Research In Strategic Management: Swings Of A Pendulum, Robert E. Hoskisson, William P. Wan, Daphne W. Yiu, William A. Hitt Aug 1999

Theory And Research In Strategic Management: Swings Of A Pendulum, Robert E. Hoskisson, William P. Wan, Daphne W. Yiu, William A. Hitt

Research Collection Lee Kong Chian School Of Business

The development of the field of strategic management within the last two decades has been dramatic. While its roots have been in a more applied area, often referred to as business policy, the current field of strategic management is strongly theory based, with substantial empirical research, and is eclectic in nature. This review of the development of the field and its current position examines the field’s early development and the primary theoretical and methodological bases through its history. Early developments include Chandler’s (1962) Strategy and Structure and Ansoff’s (1965) Corporate Strategy. These early works took on a contingency perspective (fit …


Smu To Award Own Degree, Singapore Management University Jun 1999

Smu To Award Own Degree, Singapore Management University

SMU Press Releases

No abstract provided.


Running On The Spot? A Review Of Twenty Years Of Research On The Management Of Human Resources In Comparative And International Perspective, Timothy Adrian Robert Clark, Howard Gospel, John Montgomery Jun 1999

Running On The Spot? A Review Of Twenty Years Of Research On The Management Of Human Resources In Comparative And International Perspective, Timothy Adrian Robert Clark, Howard Gospel, John Montgomery

Research Collection Lee Kong Chian School Of Business

Research using a comparative and international perspective on the management of human resources is examined, drawing on articles published in leading human resource management, management/ organizational behaviour and related social science journals between 1977 and 1997. In total a little under 2 per cent of the articles under review focused on the management of human resources in a comparative and international perspective. The largest group of these articles was comparative in nature (44 per cent), followed by those with an international perspective (35 per cent). A smaller number adopted a combined approach (17 per cent) and a few were separately …


A Simultaneous Model For Innovative Product Category Sales Diffusion And Competitive Dynamics, Namwoon Kim, Ellen Bridges, Rajendra Kumar Srivastava Jun 1999

A Simultaneous Model For Innovative Product Category Sales Diffusion And Competitive Dynamics, Namwoon Kim, Ellen Bridges, Rajendra Kumar Srivastava

Research Collection Lee Kong Chian School Of Business

Diffusion of innovation has been the focus of an entire stream of research in marketing, and firm entry and exit decisions have been investigated by marketers, strategists, and economists. However, little attention has been paid to the relationship between changing demand and the entry and exit behaviors of competitors in the marketplace. Understanding this relationship is essential in making resource commitments, as profitability of options depends not only on the size and growth of the market, but also on the number of competitors likely to be encountered. This is particularly important in innovative markets, where changes occur rapidly and one …


Contextual Effects On The Revision Of Evaluative Judgements: An Extension Of The Omission Detection Framework, A. V. Muthukrishnan, Seshan Ramaswami Jun 1999

Contextual Effects On The Revision Of Evaluative Judgements: An Extension Of The Omission Detection Framework, A. V. Muthukrishnan, Seshan Ramaswami

Research Collection Lee Kong Chian School Of Business

When consumers are presented with negative information about a brand that they have evaluated positively earlier, the extent to which they change their initial evaluation may depend on the formats in which information is presented (non-comparative vs. comparative) at the two stages. In four experiments, we manipulate the format in which information is presented at an initial and at a challenge stage and investigate their effects on the degree of revision in evaluative judgments. The results of the four experiments suggest that when consumers receive initial information in a noncomparative format, a comparative challenge causes a greater degree of revision …


Instructional Case: Worldwide Shipping Corporation Ltd: Early Or Late Adoption Of A New International Accounting Ssandard?, Pearl Tan, Peter Lee May 1999

Instructional Case: Worldwide Shipping Corporation Ltd: Early Or Late Adoption Of A New International Accounting Ssandard?, Pearl Tan, Peter Lee

Research Collection School Of Accountancy

The management of Worldwide Shipping Corp. Ltd. is confronted with a dilemma when a new international accounting standard on leases is introduced which contains a transitional provision allowing firms to defer implementation for a period of 4 years. Students are required to put themselves in the position of managers who have to weigh the adverse impact of early adoption of the new accounting standard against a responsibility for fair financial reporting. The case aims to provide students with a better understanding of the impact of off-balance sheet transactions on a firm's financial statements. The case requires students to examine implications …


A Meta-Analysis Of Satisfaction In Marketing Channel Relationships, Inge Geyskens, Jan-Benedict E. M. Steenkamp, Nirmalya Kumar May 1999

A Meta-Analysis Of Satisfaction In Marketing Channel Relationships, Inge Geyskens, Jan-Benedict E. M. Steenkamp, Nirmalya Kumar

Research Collection Lee Kong Chian School Of Business

The authors advance a conceptual model of channel member satisfaction that distinguishes between economic and noneconomic satisfaction. The resulting model then is tested using meta-analysis, Meta-analysis enables the empirical investigation of a model involving several constructs that never have been examined simultaneously within an individual study. More specifically, the authors unify the stream of research on power use-the focus of many satisfaction studies in the 1970s and 1980s-with more recent work on trust and commitment, which usually explores antecedents other than power use. The results indicate that economic satisfaction and noneconomic satisfaction are distinct constructs with differential relationships to various …


The Determinants Of Bid-Ask Spreads In The Foreign Exchange Futures Markets: A Microstructure Analysis, David K. Ding May 1999

The Determinants Of Bid-Ask Spreads In The Foreign Exchange Futures Markets: A Microstructure Analysis, David K. Ding

Research Collection Lee Kong Chian School Of Business

This paper investigates and analyzes the intraday and daily determinants of bid-ask spreads in the foreign exchange futures market. It is found that the number of transactions is negatively related to the BAS, whereas volatility in general is positively related to it. The study also finds that there are economies of scale in trading FXF contracts. The intraday BAS follows a U-shaped pattern, and they tend to be higher on Mondays and Tuesdays than on other days of the week. Higher spreads at the beginning and end of a trading day are consistent with the presence of adverse selection and …


Introduction: Are We Requiring What Our Students Most Need?, Michael Alan Netzley Mar 1999

Introduction: Are We Requiring What Our Students Most Need?, Michael Alan Netzley

Research Collection School of Social Sciences

Why devote a special issue to the topic of writing requirements for business students?The answer, I believe, is relatively simple: any such requirement mustreflect what business professionals should know and do in a knowledge economy.Because communication practices are changing radically, our requirements, too,must be reexamined. This issue provides a forum for such reexamination.


Inventory Reduction And Productivity Growth: Linkages In The Japanese Automotive Industry, Marvin B. Lieberman, Lieven Demeester Mar 1999

Inventory Reduction And Productivity Growth: Linkages In The Japanese Automotive Industry, Marvin B. Lieberman, Lieven Demeester

Research Collection Lee Kong Chian School Of Business

The literature on JIT production suggests a causal link between work-in-progress inventory and manufacturing productivity. Such a connection has been described in numerous case studies but never tested statistically. Historical data for 52 Japanese automotive companies are used to evaluate the inventory-productivity relationship. It is found that firms increased their productivity rank during periods of substantial inventory reduction. More detailed tests suggest that inventory reductions stimulated gains in productivity. On average, each 10% reduction in inventory led to about a 1% gain in labor productivity, with a lag of about one year. Such effects were more immediate for Toyota affiliates, …


The Empirical Determinants Of Inventory Levels In High-Volume Manufacturing, Marvin B. Lieberman, Susan Helper, Lieven Demeester Mar 1999

The Empirical Determinants Of Inventory Levels In High-Volume Manufacturing, Marvin B. Lieberman, Susan Helper, Lieven Demeester

Research Collection Lee Kong Chian School Of Business

This study uses survey data on several hundred automotive suppliers in North America to evaluate the determinants of inventory levels in high-volume discrete parts manufacturing. We assess the magnitude of raw materials, work-in-process, and finished goods inventories held at automotive supply plants. Inventories are shown to be jointly determined by technological and managerial factors in a manner roughly consistent with classical inventory theory. Several categories of managerial practices are found to be important. Low inventories are linked to employee problem solving and frequent communication with customers. More unexpectedly, we find the absence of inventory differences between U.S.-owned and Japanese-owned plants …


Transparency Of Ownership And Control In Germany, Marco Becht, Ekkehart Boehmer Feb 1999

Transparency Of Ownership And Control In Germany, Marco Becht, Ekkehart Boehmer

Research Collection Lee Kong Chian School Of Business

We first analyze legal provisions relating to corporate transparency in Germany. We show that despite the new securities trading law (WpHG) of 1995, the practical efficacy of disclosure regulation is very low. On the one hand, the formation of business groups involving less regulated legal forms as intermediate layers can substantially reduce transparency. On the other hand, the implementation of the law is not practical and not very effective. We illustrate these arguments using several examples of WpHG filings. To illustrate the importance of transparency, we show next that German capital markets are dominated by few large firms accounting for …


Family Roles In The Selection Of Schools In Multiracial Singapore: An Examination Of Demographic Differencesographic Differences, Ashok K. Lalwani, Subhash C. Mehta, Chin Tiong Tan Jan 1999

Family Roles In The Selection Of Schools In Multiracial Singapore: An Examination Of Demographic Differencesographic Differences, Ashok K. Lalwani, Subhash C. Mehta, Chin Tiong Tan

Research Collection Lee Kong Chian School Of Business

Family roles in deciding household purchases have intrigued marketers for a long time, with researchers calling for more studies on the subject - especially those which look into the roles played by children and others in the decision process. This paper investigates the relative influence of the husband, wife, children, and others in 5 sub-decisions involved in the choice of a school, and distinguishes families reporting different roles on their demographic characteristics. Cluster analysis was used to develop segments on the basis of family roles. Results indicate that children and others have negligible influence in this particular service and that …


Multiple Category Decision Making: Review And Synthesis, Gary J. Russell, S. Ratneshwar, Allan D. Shocker, David Bell, Anand Bodapati, Alex Degeratu, Lutz Hildebrandt, Namwoon Kim, Seshan Ramaswami, Venkatesh H. Shankar Jan 1999

Multiple Category Decision Making: Review And Synthesis, Gary J. Russell, S. Ratneshwar, Allan D. Shocker, David Bell, Anand Bodapati, Alex Degeratu, Lutz Hildebrandt, Namwoon Kim, Seshan Ramaswami, Venkatesh H. Shankar

Research Collection Lee Kong Chian School Of Business

In many purchase environments, consumers use information from a number of product categories prior to making a decision. These purchase situations create dependencies in choice outcomes across categories. As such, these decision problems cannot be easily modeled using the single-category, single-choice paradigm commonly used by researchers in marketing. We outline a conceptual framework for categorization, and then discuss three types of cross-category dependence: cross-category consideration cross-category learning, and product bundling. We argue that the key to modeling choice dependence across categories is knowledge of the goals driving consumer behavior.


Business As Usual: The Dynamics Of Government‐Business Relations In The Hong Kong Special Administrative Region, Tuck Hong James Tang Jan 1999

Business As Usual: The Dynamics Of Government‐Business Relations In The Hong Kong Special Administrative Region, Tuck Hong James Tang

Research Collection School of Social Sciences

This is an attempt to evaluate the implications of Hong Kong's political transition topost-colonial rule for economic governance in the SAR beyond the 'Beijing versus HongKong' perspective. The article examines the changing government-business dynamics inHong Kong after the reversion by focusing on three inter-related dimensions: economicideology; institutional and policy framework; and the new political environment inpost-colonial Hong Kong. By challenging the assertion that Hong Kong is returning to thepre-Patten colonial order under Chinese management, it argues that economic governancein Hong Kong has always been more complex than has been characterized in the literature.A conceptual framework incorporating the dynamic interplay of …


Development Of A Simulated Assessment Center, Filip Lievens Jan 1999

Development Of A Simulated Assessment Center, Filip Lievens

Research Collection Lee Kong Chian School Of Business

In this study a simulation of an assessment center is developed consisting of videotaped performances of four candidates in three exercises: sales presentation, role-play, and group discussion. To develop the simulation, candidate profiles are constructed which vary along three dimensions: problem analysis and problem solving, interpersonal sensitivity, and planning and organizing. Dimension-specific behaviors are adapted from 173 critical incidents provided by 20 experienced assessors. As a result, scripts are written and enacted by actors. To validate the simulation, experienced assessors evaluate all candidates under optimal conditions. High interrater agreement among these experts (intraclass conelation = .9) and a high correlation …


Cross Sectional Variation Of The Effect Of Bond Rating Changes On Stock Prices, Jeremy C. Goh, Louis H. Ederington Jan 1999

Cross Sectional Variation Of The Effect Of Bond Rating Changes On Stock Prices, Jeremy C. Goh, Louis H. Ederington

Research Collection Lee Kong Chian School Of Business

Previous research has found that the stock market reacts negatively to bond rating downgrades and that downgrades tend to follow periods of negative returns, indicating that at least some downgrades are partially predictable. Hypothesizing that the reaction to a downgrade depends on both the implications for cash flows and the degree of surprise, we explore how the reaction to downgrade announcements varies across bond issues. We find that the equity market reacts much more negatively to bond rating downgrades to and within the speculative bond category than to downgrades within the investment grade category. Within the speculative category, the reaction …


Long Memory And Asia Crisis: Implication For Capital Controls And Management, Kuo Chuen David Lee Jan 1999

Long Memory And Asia Crisis: Implication For Capital Controls And Management, Kuo Chuen David Lee

Research Collection Lee Kong Chian School Of Business

“Financial markets are given to excesses and if a boom/bust sequence progresses beyond a certain point, it will never revert to where it came from. Instead of acting like a pendulum, financial markets have recently acted more like a wrecking ball, knocking over one economy after another.” - A testimony before the US House Banking Committee, Sep, 1998. There are three parts to this paper. The first part examines the time series behaviour of the equity indices of ten countries. Using Robinson (1995a)’s modified GPH estimator and Robinson (1994a)’s average periodogram estimator for the differencing parameter, we have detected that …


A Classification Scheme For Project Scheduling Problems, Willy Herroelen, Erik Demeulemeester, Bert De Reyck Jan 1999

A Classification Scheme For Project Scheduling Problems, Willy Herroelen, Erik Demeulemeester, Bert De Reyck

Research Collection Lee Kong Chian School Of Business

The basic concern of scheduling is commonly described as the allocation of limited resources to tasks over time (Lawler et al. 1993, Pinedo 1995). The resources and tasks may take many forms. In project scheduling the tasks refer to the activities belonging to one or more projects. The execution of project activities may require the use of different types of resources (money, crews, equipment, …). The scheduling objectives may also take many forms (minimizing project duration, minimizing project costs, maximizing project revenues, optimizing due date performance,…). The result is a wide and steadily growing variety of problem types which motivates …


Doing Academic Work, Stephen Matthias Harney, Frederick Moten Jan 1999

Doing Academic Work, Stephen Matthias Harney, Frederick Moten

Research Collection Lee Kong Chian School Of Business

When professors get together outside the university they talk about that thing which dominates them, their work. This conversation may take the form of discussing a product of that work-a lecture in class, a research paper, committee deliberations-but most often it seems to be about conditions of work. One hears talk about course load, the trials of tenure and promotion, salaries and compensation, and of course the quality of the students on which some of academic labor is supposed to fall. In themselves, these conversations are not surprising. Mail carriers have very similar conversations, as do primary school teachers, subway …


Theory And Research In Strategic Management: Swings Of A Pendulum, Robert E. Hoskisson, Michael A. Hitt, William P. Wan, Daphne W. Yiu Jan 1999

Theory And Research In Strategic Management: Swings Of A Pendulum, Robert E. Hoskisson, Michael A. Hitt, William P. Wan, Daphne W. Yiu

Research Collection Lee Kong Chian School Of Business

The development of the field of strategic management within the last two decades has been dramatic. While its roots have been in a more applied area, often referred to as business policy, the current field of strategic management is strongly, theory, based with substantial empirical research, and is eclectic in nature. This review of the development of the field and its current position examines the field's early development and the primary theoretical and methodological bases through its history. Early developments include Chandler's (1962) Strategy and Structure and Ansoff's (1965) Corporate Strategy. These early works rook on a contingency perspective (fit …


Phase Transitions In Project Scheduling, Willy Herroelen, Bert De Reyck Jan 1999

Phase Transitions In Project Scheduling, Willy Herroelen, Bert De Reyck

Research Collection Lee Kong Chian School Of Business

Researchers in the area of artificial intelligence have recently shown that many NP-complete problems exhibit phase transitions. Often, problem instances change from being easy to being hard to solve to again being easy to solve when certain of their characteristics are modified. Most often the transitions are sharp, but sometimes they are rather continuous in the order parameters that are characteristic of the system as a whole. To the best of our knowledge, no evidence has been provided so far that similar phase transitions occur in NP-hard scheduling problems. In this paper we report on the existence of phase transitions …


Local Coherence And Its Limits: A Second Look At Second Sentences, Desmond Allison, Susheela Varghese, Siew Mei Wu Jan 1999

Local Coherence And Its Limits: A Second Look At Second Sentences, Desmond Allison, Susheela Varghese, Siew Mei Wu

Research Collection Lee Kong Chian School Of Business

Our article takes up Joy Reid's (1996) proposal that second sentences deserve a second look in academic writing research and pedagogy. Reid's data and commentaries indicate that second sentences, the sentences following topic sentences, make important but generally underrated contributions to the (in)coherence of students' written paragraphs. Her study, in a U.S. university, found that English as a second language (ESL) student writers often developed paragraphs that did not meet the expectations of experienced native English speaker (NES) readers. We offer a contextualized critique and partial replication of Reid's exploratory study. Our research, in Singapore, investigates second sentence writing by …


Algorithms For Scheduling Projects With Generalized Precedence Relations, Bert De Reyck, Erik Demeulemeester, Willy Herroelen Jan 1999

Algorithms For Scheduling Projects With Generalized Precedence Relations, Bert De Reyck, Erik Demeulemeester, Willy Herroelen

Research Collection Lee Kong Chian School Of Business

The problem of scheduling projects under various types of resource constraints constitutes an important and challenging problem which has received increasing attention during the past several years. The bulk of the models and procedures designed for coping with these problem types aim at scheduling project activities to minimize the project duration subject to constant availability constraints on the required set of resources and precedence constraints that indicate that activities can only be started when all of their predecessors have already been finished. However, real-life project scheduling applications often involve more complicated types of precedence relations such as arbitrary minimal and …


Marketing, Business Processes, And Shareholder Value: An Organizationally Embedded View Of Marketing Activities And The Discipline Of Marketing, Rajendra Kumar Srivastava, Tasadduq A. Shervani, Liam Fahey Jan 1999

Marketing, Business Processes, And Shareholder Value: An Organizationally Embedded View Of Marketing Activities And The Discipline Of Marketing, Rajendra Kumar Srivastava, Tasadduq A. Shervani, Liam Fahey

Research Collection Lee Kong Chian School Of Business

The authors develop a framework for understanding the integration of marketing with business processes and shareholder value. The framework redefines marketing phenomena as embedded in three core business processes that generate value for customers-product development management, supply chain management, and customer relationship management-which in turn creates shareholder value. Such a conceptualization of marketing has the potential to introduce dramatic shifts in the scope, content, and influence of marketing in the organization. The authors highlight the implications of an organizationally embedded view of marketing for the future of marketing theory and practice.


Singapore Investments In China: Implications From Projects During Early 1980s & Early 1990s, Rajah Vellan Komaran Jan 1999

Singapore Investments In China: Implications From Projects During Early 1980s & Early 1990s, Rajah Vellan Komaran

Research Collection Lee Kong Chian School Of Business

It is well known that foreign investments by the industrialized world are driven by the private sector leveraging its technological, management and marketing skills, and that those by developing countries arise because of geographic proximity, social and economic homogeneity, and cultural familiarity. In the case of Singapore, a uniques characteristics is the direct participation by government-related corporations and their affiliates, and persuasion by statutory bodies such as the Economic Development Board and Trade Development Board for the corporate sector


East Vs. West: Strategic Marketing Management Meets The Asian Networks, George T. Haley, Chin Tiong Tan Jan 1999

East Vs. West: Strategic Marketing Management Meets The Asian Networks, George T. Haley, Chin Tiong Tan

Research Collection Lee Kong Chian School Of Business

Strategic management in Asia is different. Decision-making differs from that taught in Western, and even Asian, schools of business. In the last decade, the influence of Japanese management systems on Western management practice has become evident. Though the Japanese economy is the world's second largest, and Japan's population substantial, neither compares with the combined economies and combined populations of non-Japanese Asia. The influence of the most aggressive elements of the non-Japanese Asian business communities, the Overseas Chinese and Overseas Indian Networks cannot help to be felt on Western management practice. This article explains why this difference in decision-making styles exists, …


Local Search Methods For The Discrete Time/Resource Trade-Off Problem In Project Networks, Bert De Reyck, Erik Demeulemeester, Willy Herroelen Dec 1998

Local Search Methods For The Discrete Time/Resource Trade-Off Problem In Project Networks, Bert De Reyck, Erik Demeulemeester, Willy Herroelen

Research Collection Lee Kong Chian School Of Business

In this paper we consider the discrete time/resource trade-off problem in project networks. Given a project network consisting of nodes (activities) and arcs (technological precedence relations), in which the duration of the activities is a discrete, nonincreasing function of the amount of a single renewable resource committed to it, the discrete time/resource trade-off problem minimizes the project makespan subject to precedence constraints and a single renewable resource constraint. For each activity, a work content is specified such that all execution modes (duration/resource requirement pairs) for performing the activity are allowed as long as the product of the duration and the …