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Singapore Management University

2021

Dissertations and Theses Collection (Open Access)

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Full-Text Articles in Social and Behavioral Sciences

Research On The Impact Of Social Responsibility Of Chinese Real Estate Enterprises On Their Competitiveness, Yajiang Xing Dec 2021

Research On The Impact Of Social Responsibility Of Chinese Real Estate Enterprises On Their Competitiveness, Yajiang Xing

Dissertations and Theses Collection (Open Access)

The real estate industry has become the pillar industry of China's national economy and should perform more social responsibilities. Then how to guide enterprises to perform relevant social responsibilities, how to make full use of social responsibilities to enhance enterprise competitiveness, and how to measure the aspects in which corporate social responsibility promotes the development of competitiveness have aroused the discussion and research of the government and relevant academic circles.Therefore, this paper first puts forward a series of assumptions from the perspective of stakeholders.Secondly, establish the evaluation index system of social responsibility and social competitiveness of real estate enterprises through …


Optimising Cold Chain Asset Locations With Real-Estate Considerations: A China Perspective, Chaik Ming Koh Dec 2021

Optimising Cold Chain Asset Locations With Real-Estate Considerations: A China Perspective, Chaik Ming Koh

Dissertations and Theses Collection (Open Access)

This thesis explores the logistics costs optimization of a cold chain logistics network with a real estate perspective. This study draws on data and experience of a cold chain player in China. This study seeks to help users who are currently renting large amounts of warehouse space to quantitatively and systematically evaluate if they should construct their own warehouses and then do a sale-and-leaseback to achieve economic benefits. Using a computing optimization model, the study was able to find the optimized parameters of warehouse capacity, warehouse quality to build as well as the recommended existing network warehouses to use, to …


Exploring The Impact Of Industry 4.0 On The Business Models Of Small And Medium-Sized Manufacturing Enterprises In Singapore, Surianarayanan Gopalakrishnan Oct 2021

Exploring The Impact Of Industry 4.0 On The Business Models Of Small And Medium-Sized Manufacturing Enterprises In Singapore, Surianarayanan Gopalakrishnan

Dissertations and Theses Collection (Open Access)

Triggered by the ongoing transformation of Singapore's manufacturing industries towards 'smart(er)' manufacturing with a focus on digitising and automating production processes and more competitive business models, this study contributes to the limited Asian management literature about the readiness and impact of 'Industry 4.0' (I4.0) on the business models of Singapore's Small and Medium-sized manufacturing Enterprises (SMEs). I4.0 encompasses adopting opportunities from end-to-end digitalisation with connected computers and increasingly autonomous automation systems equipped with intelligent machine learning algorithms that control robotics with minimal human input. As the traditional manufacturing model is increasingly replaced by advanced, high-value manufacturing technologies such as the …


Analysis Of Factors Influencing The Bailout Of Distressed Enterprises By Local Asset Management Companies, Houwen Li Oct 2021

Analysis Of Factors Influencing The Bailout Of Distressed Enterprises By Local Asset Management Companies, Houwen Li

Dissertations and Theses Collection (Open Access)

In recent years, the number of distressed enterprises in China has gradually increased due to radical enterprise strategies, excessive expansion, poor management, and a trend of accelerating growth. Unable to adapt to fierce market competition, a large number of “zombie enterprises” disrupt the market order, reduce the use efficiency of social resources, and aggravate market risks. However, some enterprises are
temporarily caught in financial distress due to a deterioration of their financial situation caused by factors such as debt structure or capital liquidity. If such enterprises can be bailed out in time, they can escape their distress, which not only …


Innovating In Traditional Real Estate Business Development Based On Value Co-Creation, Ya Zhang Oct 2021

Innovating In Traditional Real Estate Business Development Based On Value Co-Creation, Ya Zhang

Dissertations and Theses Collection (Open Access)

The real estate industry is an important aspect of China's social development and plays a pivotal role in economic growth. With the development of urbanization in my country, the supply relationship in the real estate industry has changed, consumer demand has become more rational, and the real estate industry’s financial and investment attributes have been superimposed on the influence of the real estate industry. The competition among small and medium real estate companies with relatively weak resource endowments has become increasingly fierce. Some land expansion models can no longer adapt to the development of the new situation. How to survive …


A Study On Constructing The Fourth Financial Statement For The Performance Prediction And Value Assessment Of Internet Enterprises In The Food Industry, Jianxin Zhang Oct 2021

A Study On Constructing The Fourth Financial Statement For The Performance Prediction And Value Assessment Of Internet Enterprises In The Food Industry, Jianxin Zhang

Dissertations and Theses Collection (Open Access)

For a long time, industry, financial institutions, PE investment funds, and capital market investors have determined the business performance and market value of a company, usually based on the data of the three audited financial tables provided by the company, and further comprehensive analysis will be carried out the evaluation. Due to the limitations of accounting standards, the three financial tables cannot truly reflect all the business conditions of the enterprise. At the same time, the economic stage with traditional manufacturing as the main body and the economic stage with the digital economy as the main body are concerned with …


Path To Global Inflence:Conditions For Chinese Film Industry To Succeed, Dong Yu Sep 2021

Path To Global Inflence:Conditions For Chinese Film Industry To Succeed, Dong Yu

Dissertations and Theses Collection (Open Access)

The world has undergone tectonic transformations since the onset of the coronavirus pandemic. Inevitably, the pandemic created the perfect conditions for the acceleration of digitization and new infrastructural technologies aimed to increase the speed and availability of content. In China, the pandemic forced
major releases to be streamed via online platforms and drastically altered consumer’s perception of the quality of digital content. Most importantly, digital streaming has shown huge capitalization potential, aided by the spread of 5G technologies, as those who embraced online platforms thrived in the midst
of the global pandemic. During the course of this dissertation, the Chinese …


Dynamic Analysis Of Money Supply, Unemployment And Inflation Rate In The Us, Guangyu Wang Sep 2021

Dynamic Analysis Of Money Supply, Unemployment And Inflation Rate In The Us, Guangyu Wang

Dissertations and Theses Collection (Open Access)

Price stability is not only an important indicator of the healthy and stability of macro-economy, but also one of the goals of macroeconomic policy. There are many factors affecting inflation. Different monetary policy instruments, such as money supply, liquidity and market expectations, have different effects on inflation. Meanwhile, monetary policy goals, such as inflation rate, employment rate and economic growth rate, also affect each other.

This paper provides an empirical study of money supply, inflation and unemployment in the US economy. Based on the existing theoretical and empirical analysis, this paper selects different research models and new data dimensions to …


Understanding But Unhelpful: Do Grateful People Value Responsiveness Or Perceived Benefit When Receiving Help?, Elizabeth Lim Jul 2021

Understanding But Unhelpful: Do Grateful People Value Responsiveness Or Perceived Benefit When Receiving Help?, Elizabeth Lim

Dissertations and Theses Collection (Open Access)

Two studies examined the links between the grateful disposition, cognitive appraisals (perceived value and perceived responsiveness), state gratitude, and affiliative intentions (one’s desire to build or maintain relationships with his/her benefactor). In Study 1, 248 participants went through a guided scenario task where they recalled help experiences that were helpful and not so helpful. Dispositional gratitude predicted perceived value and perceived responsiveness (H1A and H1B). These cognitive appraisals in turn predicted state gratitude (H2 and H3). Finally, state gratitude predicted affiliative intentions (H4). Supporting H5A and H5B, cognitive appraisals and state gratitude mediated the link between dispositional gratitude and affiliative …


On Financial Quotient: Theory And Empirical Analysis, Gang Sun Jun 2021

On Financial Quotient: Theory And Empirical Analysis, Gang Sun

Dissertations and Theses Collection (Open Access)

Financial Quotient (FQ) has become a common topic of concern in the global academic, business and social communities, but at this stage, academic research on FQ and its education are still immature, theoretical depth and empirical support basis are shortage, and influence factors of FQ and the degree of influence of each factor have not been systematically studied. Therefore, there is a large gap between research and practice.

The purpose of this Paper is to construct a set of scientific and reasonable FQ index for individuals, to find factors that can influence or predict personal financial quotient (PFQ), and to …


To Switch Or Not To Switch: Individual Differences In Executive Function And Emotion Regulation Flexibility, Wei Xing Toh Jun 2021

To Switch Or Not To Switch: Individual Differences In Executive Function And Emotion Regulation Flexibility, Wei Xing Toh

Dissertations and Theses Collection (Open Access)

Emotion regulation (ER) constitutes strategies that modulate the experience and expression of emotions. While past work has predominantly focused on each ER strategy independently, recent research has begun to examine individual-difference factors that are associated with the flexible implementation of ER strategies in line with environmental demands (i.e., ER flexibility). Considering that ER processes generally implicate executive function (EF)—a collection of adaptive, general-purpose control processes—it is plausible that EF could be involved in ER flexibility. Using a latent-variable approach based on a comprehensive battery of EF tasks, the present study investigated how the various aspects of EF (i.e., common EF, …


Fuelling Effects Of Unique Opinion Holder’S Emotions On Team Creativity: A Collective Information Processing Perspective, Hui Si Oh Jun 2021

Fuelling Effects Of Unique Opinion Holder’S Emotions On Team Creativity: A Collective Information Processing Perspective, Hui Si Oh

Dissertations and Theses Collection (Open Access)

Building on past studies that have found positive influence of minority member on team creativity, this research examined an underexplored yet crucial topic of a unique opinion holder’s happy and anger emotions on team creativity. Using a collective information processing perspective, this study examined whether the expression of anger and happiness would be beneficial for team creativity by spurring team members to respond qualitatively differently to each other’s ideas during the discussion. Additionally, this study examined whether the influence of a unique opinion holder’s emotions on team creativity through information-processing pathways would depend on individual members’ working memory capacities. Three …


Three Essays On Preferential Trade Agreement And Trade Policy, Kefang Yao Jun 2021

Three Essays On Preferential Trade Agreement And Trade Policy, Kefang Yao

Dissertations and Theses Collection (Open Access)

This dissertation consists of three chapters on Preferential Trade Agreements (PTAs) and trade policies. Increasing in numbers rapidly since 1990s, PTAs have extended their traditional focus on tariff reduction to deeper policy integration in areas such as competition policy, intellectual property rights, investment, and movement of capital. The first chapter of the dissertation uses a recently released dataset of PTA contents to quantify impacts of the horizontal depth of trade agreements on bilateral trade flows and national welfare for the period of 1980-2015. The results indicate that agreements that are deeper (covering a wider range of policy areas) contribute to …


Essays On Economic Development And Environmental Sustainability, Rohan Ray Jun 2021

Essays On Economic Development And Environmental Sustainability, Rohan Ray

Dissertations and Theses Collection (Open Access)

The first chapter is a randomized controlled trial study that uses loss framing and information nudges to increase secondary school attendance in Bangladesh. Conditional cash transfers (CCTs) have become one of the most common policy interventions to increase school attendance, but the cost-effectiveness of such interventions has not attracted the attention it deserves. Hence, in addition to a standard CCT implementation, our rich unique dataset on daily attendance allows us to experimentally study two potential ways to improve the cost-effectiveness of school attendance interventions: (i) SMS information nudges and (ii) loss framing in CCTs. The former provides school attendance information …


Three Essays On Panel And Factor Models, Ji Feng Jun 2021

Three Essays On Panel And Factor Models, Ji Feng

Dissertations and Theses Collection (Open Access)

The dissertation includes three chapters on panel and factor models.

In the first chapter, we introduce a two-way linear random coefficient panel data models with fixed effects and the cross-sectional dependence. We follow the idea of the within-group fixed effects estimator to estimate parameters of interests. We establish the limiting distributions of the estimates and also propose the two-way heterogeneity bias test to check the desirability of the estimation strategy. The specification tests then are constructed to examine the existence of the slope heterogeneity and time-varyingness. We study the asymptotic properties of the specification tests and employ two bootstrap schemes …


Forces Of Corruption: Effects Of Power On Perceptions Of Openness And Information-Sharing, Jiaying Li Jun 2021

Forces Of Corruption: Effects Of Power On Perceptions Of Openness And Information-Sharing, Jiaying Li

Dissertations and Theses Collection (Open Access)

In considering the power relations that characterize a manager-subordinate relationship, upward information-sharing is often constrained by relative power differentials. However, a burgeoning volume of research has established that power holders are more attuned to situational goals, thus exhibit greater flexibility in behaviour than powerless persons. This paper therefore proposed a model with epistemic motivation as an intervening variable that enhances information-sharing between dyadic counterparts who have unequal power. However, this model was not supported by findings. Nonetheless, this can be attributed to experimental settings – which future studies should address with construct replication.


Two Roads Diverged: An Alternative Perspective On The Easi Model, Nadhilla Velda Melia May 2021

Two Roads Diverged: An Alternative Perspective On The Easi Model, Nadhilla Velda Melia

Dissertations and Theses Collection (Open Access)

Research on the interpersonal effect of anger expressions on others’ concessionary behaviour has found conflicting results about whether anger expressions increase or decrease concessionary behaviour. The Emotions as Social Information (EASI) model (Van Kleef, 2009, 2014) proposed that these conflicting findings can be resolved by looking at inferential and affective processes. Specifically, anger expressions increase concessionary behaviour via inferential processes but decrease concessionary behaviour via affective processes. However, previous research has mainly focused on dominance-related inferences and reciprocal anger reactions. I propose that the relationship between anger expressions and concessionary behaviour is determined by the type of inferential and affective …


Three Essays On Nonstationary Financial Econometrics, Yajie Zhang May 2021

Three Essays On Nonstationary Financial Econometrics, Yajie Zhang

Dissertations and Theses Collection (Open Access)

This dissertation consists of three essays that contribute to the theory of nonstationary time-series analysis.

The first chapter explores the inference procedures for predictive regressions with time-varying characteristics. We extend the self-generated instrumentation, called IVX, to incorporate persistent regressors of functional local-to-unity, functional mildly explosive, and functional mildly stationary roots. The asymptotic distributions of IVX estimators under time-varying parameters are novel and nonpivotal but lead to pivotal distributions of the corresponding Wald statistics that are robust across various roots. The numerical experiments justify the robustness of IVX testing procedures in finite samples. We also verify the existence of time-varying coefficients …


Reward Structures And Negotiation Strategies: The Use Of Deception In Negotiation, Jermaine Pin Xiu Lim May 2021

Reward Structures And Negotiation Strategies: The Use Of Deception In Negotiation, Jermaine Pin Xiu Lim

Dissertations and Theses Collection (Open Access)

This present study investigated the effect of outcome interdependence on different types of deceptions – mutually beneficial and self-interested deception, in a negotiation context. 150 SMU students were recruited to engage in a negotiation task and were randomly assigned to either a high outcome interdependence condition where the monetary reward was awarded based on the points scored by the dyad or a low outcome interdependence condition where the monetary reward was awarded based on the points scored by the individual. The results showed that in a self-rated scale, dyads in the low outcome interdependence condition rated themselves to have engaged …


The Many Faces Of Class Ceiling: Its Manifestations At Different Career Stages And Ways To Overcome It, Jia Hui Lim May 2021

The Many Faces Of Class Ceiling: Its Manifestations At Different Career Stages And Ways To Overcome It, Jia Hui Lim

Dissertations and Theses Collection (Open Access)

Even with comparable education and level of competence, workers with lower socioeconomic status (SES) origins are disadvantaged in terms of earnings and occupational attainment. This class gap, or the “class ceiling,” is as large as the gender gap, but poorly understood. In my dissertation, I designed a series of related projects to explain and potentially mitigate the class ceiling problem. Across three projects, I mainly focused on where the problem starts—labor market and newcomer adjustment in organizations. I find that, beyond discrimination and bias that has been the focus of past work, many challenges stem from workers’ own psychology and …


Three Essays On International Trade, Renjing Chen May 2021

Three Essays On International Trade, Renjing Chen

Dissertations and Theses Collection (Open Access)

In the first chapter, we develop an estimation procedure to identify the partial (direct) effects of the GATT/WTO membership on variable and fixed trade costs, respectively. This procedure extends the techniques of Anderson and Van Wincoop (2003) on the structural relationship of multilateral resistance terms and of Helpman, Melitz and Rubinstein (2008) on the structural modeling of trade incidence. We then develop a general equilibrium framework (that allows for the presence of zero trade) to simulate the impact of variable, fixed, and total trade cost changes on the firm-level trade structure (including the bilateral export productivity cutoff, the weighted/unweighted extensive …


Pressure To Be Creative: How Employees Respond To Organizational Creativity Pressure, Hye Jung Eun May 2021

Pressure To Be Creative: How Employees Respond To Organizational Creativity Pressure, Hye Jung Eun

Dissertations and Theses Collection (Open Access)

Creativity and innovation are vital for organizational growth and success, driving many organizations to increase pressure for employee creativity. Yet, researchers have neglected investigating how employees respond to creativity pressure at the workplace. This dissertation introduces and develops a new scale for the concept of organizational creativity pressure – the pressure on employees to continually develop novel and useful ideas and solutions. The scale is further validated through extensive assessment of content and construct validity, empirically differentiating the construct from similar others such as performance pressure and support for creativity.

Drawing on the transactional theory of stress (Lazarus & Folkman, …


Two Essays On Innovation And Growth In China, Qiugu He May 2021

Two Essays On Innovation And Growth In China, Qiugu He

Dissertations and Theses Collection (Open Access)

This dissertation studies China’s economic growth from a perspective of industry dynamics. In chapter 1, I introduce the background and policies relating to China’s economic growth after 1978. In chapter 2, I find that the elasticity of the average R&D expenditure of firms on competition is -0.29 in weak-IPR (intellectual property right) provinces, and -0.06 in strict-IPR provinces. Next, I use the Schumpeterian growth model to explain this finding: When the market becomes more competitive, a firm prefers imitation to innovation to a larger extent, as a means of getting new technology. Due to enforcement of IPR laws, the imitation …


The Impact Of Kiasu Mindset On Students’ Achievement Goal Orientations And Learning Strategies In Singapore, Haelim Choi May 2021

The Impact Of Kiasu Mindset On Students’ Achievement Goal Orientations And Learning Strategies In Singapore, Haelim Choi

Dissertations and Theses Collection (Open Access)

Kiasuism, defined as the fear of losing out, has been a well-known and widespread phenomenon in Singapore. Despite the long history of Kiasuism in Singaporeans, there has been a dearth of research in this topic. The current research investigated the influence of the Kiasu mindset on Singaporean students’ achievement goal orientation and learning strategy, and also explored the impact of social comparison as a moderator. Study 1 showed initial evidence of a positive relationship between Kiasu mindset and performance goal orientations (i.e., approach and avoidance). Study 2 replicated this finding and further revealed a positive association of Kiasu mindset with …


Three Essays On Empirical Asset Pricing, Xueying Bian Apr 2021

Three Essays On Empirical Asset Pricing, Xueying Bian

Dissertations and Theses Collection (Open Access)

The dissertation consists of three essays on empirical asset pricing. The first chapter proposes a novel inter-firm link - similar employee satisfaction. Based on the employee satisfaction data on Glassdoor, the returns of similar employee satisfaction (SES) firms are documented to predict focal firm stock returns. A long-short portfolio sorted on the lagged returns of SES firms yields the Fama-French six-factor alpha of 135 bps per month. The observed predictability cannot be explained by risk-based arguments or subsumed by other known inter-firm momentums. According to the international tests, we observe stronger return predictability in countries with more flexible labor markets. …


Essays On Empirical Asset Pricing, Zilin Chen Apr 2021

Essays On Empirical Asset Pricing, Zilin Chen

Dissertations and Theses Collection (Open Access)

The dissertation consists of three chapters on empirical asset pricing. The first chapter examines whether the cross-sectional variation in private subsidiaries’ information disclosure predicts the cross-sectional dispersion in future equity returns of public parent firms. Information disclosure on private subsidiaries is not mandatory for public firms in the U.S., and thus these subsidiaries could be a good choice for public firms to hide bad news. We construct a private subsidiaries’ information disclosure (PSID) measure and find that a value-weighted portfolio that longs stocks in the highest PSID quintile and shorts stocks in the lowest PSID quintile yields a Fama and …


Study On The Ideas For Developing M&A Funds In China In The Context Of Economic Transformation, Xiaoming Song Apr 2021

Study On The Ideas For Developing M&A Funds In China In The Context Of Economic Transformation, Xiaoming Song

Dissertations and Theses Collection (Open Access)

M & A fund is one category of private equity investment fund. In the past 25 years, private equity fund has grown into a considerable asset section. Since 2008, China's economy has experienced the pounding pain of structural transformation multiplied with other challenges, e.g. international economy’s lack of growth momentum, increased trade friction, aging population and so on. The trade friction between China and the United States has further exacerbated. Against this backdrop, from September 2018, there was a significant shift in the domestic central government’s economic policy, particularly the capital market policy, has undergone major changes with the repressed …


Regional Economic Impacts Of China's High-Speed Rail Development And Its Institutional Challenges, Hankun Zhao Mar 2021

Regional Economic Impacts Of China's High-Speed Rail Development And Its Institutional Challenges, Hankun Zhao

Dissertations and Theses Collection (Open Access)

This article studies the impact of connecting to high-speed rail (HSR) network on regional development and the replication and sustainability of China’s GIUR system, aiming to summarize the experience of China’s HSR, which can provide several policy references for developing countries. This article conducts two research: (1) explore the impact of connecting to HSR network on the urban industrial structure, urban creativity and urban-rural income gap of cities in different regions and cities with heterogeneous locations along the HSR lines in the long and short term; (2) explore the advantages and disadvantages of the Government-Industry-University-Research (GIUR) system in the process …


On The Influence Of Incentive Mechanisms For China’S Current Mixed Ownership Reform On Corporate Performance, Hui Yong Ren Jan 2021

On The Influence Of Incentive Mechanisms For China’S Current Mixed Ownership Reform On Corporate Performance, Hui Yong Ren

Dissertations and Theses Collection (Open Access)

Since the Central Economic Work Conference set the mixed ownership reform as where China’s state-owned enterprises (SOE) can make breakthroughs on reforms in early 2017, enterprises at all levels, from central to local state-owned, have continuously introduced new measures and new deployments involving the reform. The mixed ownership reform (hereinafter referred to as the “mixed reform”) introduces flexible market response mechanisms and innovative management systems from private enterprises into state-owned enterprises to enhance the market awareness of state-owned enterprises, to increase their own competitiveness, vitality and creativity. It aims to build a system that conforms to modern corporate governance and …