Open Access. Powered by Scholars. Published by Universities.®

Business Commons™

Open Access. Powered by Scholars. Published by Universities.®

Singapore Management University

Discipline
Keyword
Publication Year
Publication
Publication Type
File Type

Articles 4651 - 4680 of 6939

Full-Text Articles in Business

Disciplinary Effect Of Internal Control Provisions Of Sox On Corporate Governance Structures, Beng Wee Goh Jun 2012

Disciplinary Effect Of Internal Control Provisions Of Sox On Corporate Governance Structures, Beng Wee Goh

Research Collection School Of Accountancy

This study examines whether the internal control provisions under the Sarbanes–Oxley Act (SOX) have a disciplining effect on the governance structures of firms. We find that audit committee members and outside directors of firms that disclose material weaknesses (MWs) under Section 302 of SOX are more likely to leave the firms compared to their counterparts in a matched sample of control firms without such weaknesses, and they lose more outside directorships than their counterparts in the control firms. These results are consistent with the notion that the labor market imposes reputational penalties for internal control failures. Although the MW firms …

Go to article

Client Conservatism And Auditor-Client Contracting, Yoonseok Zang, Chee Yeow Lim, Mark Defond Jun 2012

Client Conservatism And Auditor-Client Contracting, Yoonseok Zang, Chee Yeow Lim, Mark Defond

Research Collection School Of Accountancy

Auditors risk costly litigation and loss of reputation when they are associated with clients that engage in substandard financial reporting, and prior research argues that accounting conservatism reduces managements‟ tendency to misreport. Thus, we predict that client conservatism affects auditor-client contracting by reducing auditor litigation and reputation risk. Consistent with our predictions, we find that conservative audit clients are less likely to trigger auditor litigation or issue accounting restatements; and that auditors of conservative clients charge lower audit fees, issue fewer going concern opinions, and resign less frequently. Taken together, these findings are consistent with client accounting conservatism playing an …

Go to article

Maximising Tax-Related Cashflows For Smes, Teng Aun Khoo Jun 2012

Maximising Tax-Related Cashflows For Smes, Teng Aun Khoo

Research Collection School Of Accountancy

SMU Associate Professor of Accounting Khoo Teng Aun compared the two options available to an SME not in a tax-paying position – cash payout (CP) or the Productivity and Innovation Credit (PIC) deduction/allowance – and concluded that whether the company should claim CP when it is incurring losses would depend on, among other considerations, its expected profitability in future years.

Go to article

R&D Reporting Rule And Firm Efficiency, Nilabhra Bhattacharya, Yoshie Saito, Ram Venkataraman, Jeff Jiwei Yu Jun 2012

R&D Reporting Rule And Firm Efficiency, Nilabhra Bhattacharya, Yoshie Saito, Ram Venkataraman, Jeff Jiwei Yu

Research Collection School Of Accountancy

US GAAP (SFAS 2) requires immediate expensing of research and development (R&D) expenditure. Critics of this rule contend that the current treatment incentivizes managers to cut essential investments in R&D to manage short-term profits, and such actions could lead to longer-term adverse consequences for firms and investors. While other observers argue that there is little rigorous research that suggests that the current accounting treatment has harmful consequences. In this study, we exploit a setting in Germany when the accounting rule for R&D reporting changed from immediate expensing (as in the U.S.) to partial capitalization when Germany adopted International Financial Reporting …

Go to article

The Intra-Industry Effects Of Chapter 11 Filings: Evidence From Analysts’ Earnings Forecast Revisions, Gary L. Caton, Jeffrey Donaldson, Jeremy Goh Jun 2012

The Intra-Industry Effects Of Chapter 11 Filings: Evidence From Analysts’ Earnings Forecast Revisions, Gary L. Caton, Jeffrey Donaldson, Jeremy Goh

Research Collection Lee Kong Chian School Of Business

Shareholders suffer huge losses when firms they own file Chapter 11. Interestingly, even shareholders of rival companies experience statistically significant losses. We examine how the bad news associated with a bankruptcy filing is transferred to the filing firm’s rivals. Using revisions in analysts’ earnings forecasts as a proxy for changes in expected future cash flows, we find that after a bankruptcy filing the market revises downward its cash flow expectations for rivals. Regression analysis confirms a positive relation between changes in expected cash flow and stock market reactions. These findings are consistent with our hypothesis that bad news associated with …

Go to article

Learning To Write Killer Apps? Performance Improvements In Innovations, Terence Ping Ching Fan Jun 2012

Learning To Write Killer Apps? Performance Improvements In Innovations, Terence Ping Ching Fan

Research Collection Lee Kong Chian School Of Business

Commercially successful but not necessarily high-tech innovations can change the fortunes of firms and the quality of lives of many. This paper argues that while groups of specialists can quickly bring together knowledge from multiple domains in developing and implementing innovative ideas, a typical lack of system-wide perspective would prove to be a constraint over successive innovations. In contrast, a single individual who acquires specialist knowledge in multiple domains would avoid this constraint, but would incur a penalty to acquire knowledge across domain boundaries upfront. This leads to two opposing performance predictions on the performance of successive innovations: an increasing …

Go to article

Building Effective Business Relationships In China, Roy Y. J. Chua Jun 2012

Building Effective Business Relationships In China, Roy Y. J. Chua

Research Collection Lee Kong Chian School Of Business

China’s ways of doing business are becoming more Westernized. But non-Chinese executives still must work hard at building trust in relationships with their Chinese business partners.

Go to article

Do Your Homework Before Joining A Board, Themin Suwardy Jun 2012

Do Your Homework Before Joining A Board, Themin Suwardy

Research Collection School Of Accountancy

No abstract provided.

Go to article

Toward A Publics-Driven, Emotion-Based Conceptualization In Crisis Communication: Unearthing Dominant Emotions In Multi-Staged Testing Of The Integrated Crisis Mapping (Icm) Model, Yan Jin, Augustine Pang, Glen T. Cameron Jun 2012

Toward A Publics-Driven, Emotion-Based Conceptualization In Crisis Communication: Unearthing Dominant Emotions In Multi-Staged Testing Of The Integrated Crisis Mapping (Icm) Model, Yan Jin, Augustine Pang, Glen T. Cameron

Research Collection Lee Kong Chian School Of Business

To better understand not only the minds, but also the hearts of key publics, we have developed a more systemic approach to understand the responses of audiences in crisis situations. The Integrated Crisis Mapping (ICM) model is based on a publics-based, emotion-driven perspective where the publics' responses to different crises are mapped on 2 continua, the organization's engagement in the crisis and primary publics' coping strategy. This multistage testing found evidence that anxiety was the default emotion that publics felt in crises. The subsequent emotions felt by the publics varied in different quadrants involving different crisis types. As far as …

Go to article

Negotiating Crisis In The New Media Environment: Evolution Of Crises Online, Gaining Legitimacy Offline, Augustine Pang, Nasrath Begam Abul Hassan, Aaron Chee Yang Chong Jun 2012

Negotiating Crisis In The New Media Environment: Evolution Of Crises Online, Gaining Legitimacy Offline, Augustine Pang, Nasrath Begam Abul Hassan, Aaron Chee Yang Chong

Research Collection Lee Kong Chian School Of Business

This study examines how crises originate online, how different new media platforms escalate crises, and how issues become legitimized offline when they transit onto mainstream media. We study five social media crises, which includes United breaks guitars and Southwest Air’s too fat to fly. Crises are triggered online when stakeholders are empowered by new media platforms that allow user-generated content to be posted online without any filtering. Facebook, YouTube and Twitter emerge as top crises breeding grounds due to their large user base and the lack of gatekeeping. Facebook and blogs are responsible for escalating crises beyond the immediate stakeholder …

Go to article

Negotiating Crisis In The New Media Environment: Evolution Of Crises Online, Gaining Legitimacy Offline, Augustine Pang, Nasrath Begam Binte Abul Hassan, Aaron Chee Yang Chong Jun 2012

Negotiating Crisis In The New Media Environment: Evolution Of Crises Online, Gaining Legitimacy Offline, Augustine Pang, Nasrath Begam Binte Abul Hassan, Aaron Chee Yang Chong

Research Collection Lee Kong Chian School Of Business

This study examines how crises originate online, how different new media platforms escalate crises, and how issues become legitimized offline when they transit onto mainstream media. We study five social media crises, which includes United breaks guitars and Southwest Air’s too fat to fly. Crises are triggered online when stakeholders are empowered by new media platforms that allow user-generated content to be posted online without any filtering. Facebook, YouTube and Twitter emerge as top crises breeding grounds due to their large user base and the lack of gatekeeping. Facebook and blogs are responsible for escalating crises beyond the immediate stakeholder …

Go to article

Repairing An Organization’S Image In Times Of Crises: What Strategies To Use When?, Augustine Pang, Benjamin Meng-Keng Ho, Nuraini Malik Jun 2012

Repairing An Organization’S Image In Times Of Crises: What Strategies To Use When?, Augustine Pang, Benjamin Meng-Keng Ho, Nuraini Malik

Research Collection Lee Kong Chian School Of Business

The image repair theory has been described as the “dominant paradigm for examining corporate communication in times of crises” (Dardis & Haigh, 2009, p. 101). While the theory, which posits five major strategies and 14 sub-strategies, has been applied extensively, a fundamental question remains: What strategies should be used when? Through meta-analysis of the image repair studies, we examine the persuasiveness/effectiveness in the use of different strategies. This study addresses the call by Haigh and Brubaker (2010) to conduct more studies to understand the use of strategies across different crisis types with a view to providing a template to equip …

Go to article

Entrepreneurship Education Policies In Singapore, Wee Liang Tan Jun 2012

Entrepreneurship Education Policies In Singapore, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

No abstract provided.

Go to article

Innovation For Inclusive Growth: Towards A Theoretical Framework And A Research Agenda, Gerard George, Anita M. Mcgahan, Jaideep Prabhu Jun 2012

Innovation For Inclusive Growth: Towards A Theoretical Framework And A Research Agenda, Gerard George, Anita M. Mcgahan, Jaideep Prabhu

Research Collection Lee Kong Chian School Of Business

Inclusive innovation, which we define as innovation that benefits the disenfranchised, is a process as well as a performance outcome. Consideration of inclusive innovation points to inequalities that may arise in the development and commercialization of innovations, and also acknowledges the inequalities that may occur as a result of value creation and capture. We outline opportunities for the development of theory and empirical research around this construct in the fields of entrepreneurship, strategy, and marketing. We aim for a synthesis in views of inclusive innovation and call for future research that deals directly with value creation and the distributional consequences …

Go to article

Employee Surveillance And The Modern Workplace, Marko Pitesa Jun 2012

Employee Surveillance And The Modern Workplace, Marko Pitesa

Research Collection Lee Kong Chian School Of Business

Employee surveillance is rapidly becoming widespread in the modern workplace. The rise of information technologies is enabling the development of unprecedented methods of surveillance and employees as well as employers are now facing a need for a reassessment of the system of moral relations this phenomenon entails. This chapter provides an overview of the most widespread workplace surveillance methods and tries to identify the stakeholders and analyse the relations between them. Finally, the key findings of this ethical assessment are pointed out and guidelines for a morally responsible approach to workplace surveillance are proposed. The level of the analysis, in …

Go to article

More Than Nothing? Auditing Business Studies, Stefano Harney, Stephen Dunne Jun 2012

More Than Nothing? Auditing Business Studies, Stefano Harney, Stephen Dunne

Research Collection Lee Kong Chian School Of Business

This paper argues that business school scholarship can be seen as the example par excellence of what we are calling extreme neo-liberalism. By extreme neo-liberalism we mean the coexistence in the same sphere of extreme externalization of costs and extreme regulation of the sources of value. We argue that this condition is most obvious in the research audits conducted in Britain, and spreading globally, audits that record both the extreme externalization in business scholarship of all the sources of the wealth expropriated by business, and at the same time, regulate the very labour that produces this extreme self-regulation. Although this …

Go to article

Transnational Intellectual Property Strategies And Firms’ Knowledge Adoption: Evidence From China-U.S. Patent Dyads, Kenneth Guang-Lih Huang, Jiatao Li Jun 2012

Transnational Intellectual Property Strategies And Firms’ Knowledge Adoption: Evidence From China-U.S. Patent Dyads, Kenneth Guang-Lih Huang, Jiatao Li

Research Collection Lee Kong Chian School Of Business

As firms increasingly operate and conduct R&D in emerging markets, 'transnational patenting' - patenting of the same invention across more than one country - is becoming a cornerstone of their intellectual property (IP) strategies. We investigate whether and how a patent granted to a focal firm's invention in an emerging economy (China) can shape its subsequent technological knowledge adoption by other firms in developed economies (U.S.). Drawing on research from market signaling and intellectual property strategy, we address this question using a novel dataset of 4,226 China-U.S. patent dyads covering 1,104 firms, and matching control sets. Difference-in-differences estimates show that …

Go to article

Sustainability In Clothing Supply Chains: Implications For Marketing, Sudhindra Seshadri Jun 2012

Sustainability In Clothing Supply Chains: Implications For Marketing, Sudhindra Seshadri

Research Collection Lee Kong Chian School Of Business

Recommendations for sustainability strategies for business have predominantly taken an individual firm level perspective. Yet, sustainability efforts are by essence collaborative and span firm level boundaries. Multiple stakeholders espousing often divergent goals need to work together over long periods on sustainability collaborations. Well recognized externalities in the firm’s economic existence need to be addressed by multiple stakeholder skill sets and are fraught with high risks and uncertainties. These are conditions ripe for syndication, as financial and corporate syndicates have demonstrated.The rules of syndication cover the structure of membership, setting of goals and objectives, governance, incentives and sharing of rewards and …

Go to article

Where I-O Psychology Should Really (Re)Start Its Investigation Of Intelligence Constructs And Their Measurement, Filip Lievens, Charlie L. Reeve Jun 2012

Where I-O Psychology Should Really (Re)Start Its Investigation Of Intelligence Constructs And Their Measurement, Filip Lievens, Charlie L. Reeve

Research Collection Lee Kong Chian School Of Business

We believe that Scherbaum, Goldstein, Yusko, Ryan, and Hanges (2012) come up short in (a) their portrayal of the current understanding of the nature of intelligence as it exists in the science of mental abilities and (b) their treatment of the measurement of intelligence constructs. We argue that their view on the nature of intelligence is outdated and that measuring constructs within the domain of intelligence should not be equated only with the use of traditional cognitive ability tests as alternative workbased measures of intelligence constructs have emerged and are in dire need of empirical scrutiny.

Go to article

Corporate Image Vacuum: Nature, Characteristics And Implications For The Organization, Noraizah Zainal Abidin, Augustine Pang Jun 2012

Corporate Image Vacuum: Nature, Characteristics And Implications For The Organization, Noraizah Zainal Abidin, Augustine Pang

Research Collection Lee Kong Chian School Of Business

A good corporate image is important to organizations (Benoit & Pang, 2008). Even then, some organizations do not have one (Bernstein, 1984/1989; Walker, 2010). Arguably the first study to explicate the notion of corporate image vacuum through the development of the Corporate Image Grid Framework, this study examines how an image vacuum is generated and what organizations can do to fill it. The framework offers a systematic way of assessing an organization’s image to heighten practitioners’ awareness of image management of their organizations. Four organizations drawn from Fortune 2011 list of 50 most admired organizations are studied: Singapore Airlines, Google, …

Go to article

Aspirations, Innovation, And Corporate Venture Capital: A Behavioral Perspective, Vibha Gaba, Shantanu Bhattacharya Jun 2012

Aspirations, Innovation, And Corporate Venture Capital: A Behavioral Perspective, Vibha Gaba, Shantanu Bhattacharya

Research Collection Lee Kong Chian School Of Business

This study takes an organizational decision-making perspective to examine when firms are likely to utilize CVC units as a mechanism for externalizing R&D. We draw insights from the behavioral theory of the firm to argue that managerial aspirations for innovation-related goals are an important driver of CVC initiatives within firms. We test our argument by examining both the adoption and termination of CVC units for a sample of information technology firms from 1992 to 2003. Results show that a firm is more likely to adopt and less likely to terminate a CVC unit when its innovation performance is closest to …

Go to article

Vertical Differentiation And A Comparison Of Online Advertising Models, Mei Lin, Xuqing Ke, Andrew B. Whinston Jun 2012

Vertical Differentiation And A Comparison Of Online Advertising Models, Mei Lin, Xuqing Ke, Andrew B. Whinston

Research Collection School Of Computing and Information Systems

Designing business models that take into consideration the role of advertising support is critical to the success of online services. In this paper, we address the challenges of these business model strategies and compare different ad revenue models. We use game theory to model vertical differentiation in both monopoly and duopoly settings, in which online service providers may offer an ad-free service, an ad-supported service, or a combination of these services. Offering both ad-free and ad-supported services is the optimal strategy for a monopolist because ad revenues compensate for the cannibalistic effect of vertical differentiation. In a duopoly equilibrium, exactly …

Go to article

Delayed Observation Planning In Partially Observable Domains, Pradeep Reddy Varakantham, Janusz Marecki Jun 2012

Delayed Observation Planning In Partially Observable Domains, Pradeep Reddy Varakantham, Janusz Marecki

Research Collection School Of Computing and Information Systems

Traditional models for planning under uncertainty such as Markov Decision Processes (MDPs) or Partially Observable MDPs (POMDPs) assume that the observations about the results of agent actions are instantly available to the agent. In so doing, they are no longer applicable to domains where observations are received with delays caused by temporary unavailability of information (e.g. delayed response of the market to a new product). To that end, we make the following key contributions towards solving Delayed observation POMDPs (D-POMDPs): (i) We first provide an parameterized approximate algorithm for solving D-POMDPs efficiently, with desired accuracy; and (ii) We then propose …

Go to article

Prioritized Shaping Of Models For Solving Dec-Pomdps, Pradeep Reddy Varakantham, William Yeoh, Prasanna Velagapudi, Paul Scerri Jun 2012

Prioritized Shaping Of Models For Solving Dec-Pomdps, Pradeep Reddy Varakantham, William Yeoh, Prasanna Velagapudi, Paul Scerri

Research Collection School Of Computing and Information Systems

An interesting class of multi-agent POMDP planning problems can be solved by having agents iteratively solve individual POMDPs, find interactions with other individual plans, shape their transition and reward functions to encourage good interactions and discourage bad ones and then recompute a new plan. D-TREMOR showed that this approach can allow distributed planning for hundreds of agents. However, the quality and speed of the planning process depends on the prioritization scheme used. Lower priority agents shape their models with respect to the models of higher priority agents. In this paper, we introduce a new prioritization scheme that is guaranteed to …

Go to article

Can The Next Housing – And Financial Crisis Be Averted?, Singapore Management University May 2012

Can The Next Housing – And Financial Crisis Be Averted?, Singapore Management University

Perspectives@SMU

Global financial systems and economies are still far from recovering from the recent financial crisis triggered by the burst of the American housing bubble. Naturally, the investment community, the academia, and of course, the regulators would be keen to find out how to prevent history from repeating itself.

Go to article

Adaptability In Socio-Political Contexts: Moving Beyond Ability And Intelligence, Knowledge@Smu May 2012

Adaptability In Socio-Political Contexts: Moving Beyond Ability And Intelligence, Knowledge@Smu

Knowledge@SMU

It is increasingly difficult to be a popular political or corporate leader. Public and employee expectations are evolving quickly and technologies now impose constant demands on 'engagement'. While most leaders are already expected to possess both the skills and the smarts to navigate within highly complex environments, what sets the good apart from the mediocre is an ability and willingness to exert the necessary efforts for change. 'Adaptability', however, requires an appreciation of the psychological processes underlying human cognition, emotion and behaviours, said a distinguished line-up of speakers at the inaugural Behavioural Sciences Institute Conference 2012.

Go to article

Twitter: High On Celebrity Gossip, Low On News Discussion, Knowledge@Smu May 2012

Twitter: High On Celebrity Gossip, Low On News Discussion, Knowledge@Smu

Knowledge@SMU

The news media are going through their most robust transformation since the dawn of the printing press, in large part due to the Internet and message sharing services like Twitter. As news agencies gear up to find out how they can make use of social media, businesses have also wondered how tapping on this new phenomenon can help them increase their customer reach. The first step to doing it is to understand the information sharing habits of these users.

Go to article

Customer Satisfaction Index Of Singapore 2012: Q1 Results, Institute Of Service Excellence, Smu May 2012

Customer Satisfaction Index Of Singapore 2012: Q1 Results, Institute Of Service Excellence, Smu

Research Collection Institute of Service Excellence (2007-2024)

Between 2011 and 2012, customer satisfaction for the InfoCommunications sector rose by 1.6-points to 65.9-points (on a 0 to 100 scale). This significant 2.5% improvement reverses the downward trend the sector experienced since tracking begun in 2007.

Go to article

Attributes For Successful Fund Management: Experience Or Education?, Knowledge@Smu May 2012

Attributes For Successful Fund Management: Experience Or Education?, Knowledge@Smu

Knowledge@SMU

Successful fund management is no longer about having “rock star” fund managers, but a team, made up of mutually respecting members bringing them with a mix of the right education, and the relevant experience, said Simon Davies, executive chairman of Threadneedle Investments, at a seminar at SMU.

Go to article

Can The Next Housing – And Financial Crisis Be Averted?, Knowledge@Smu May 2012

Can The Next Housing – And Financial Crisis Be Averted?, Knowledge@Smu

Knowledge@SMU

The costs of the subprime crisis are still being tabulated. Taxpayers of many countries are still being penalised unfairly as their governments stagger under the burden of bailing out banks poisoned by the burst of the real estate market. Regulators, including the US Fed, need to play a more active role in shaping and implementing policies that will include those meant for the real estate market. According to Wharton professor Susan Wachter, the tools needed for such effective policing are still in development. Nevertheless, the process of learning to avert the next such crisis is already underway.

Go to article

First Prev Next Last