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Singapore Management University

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Articles 3271 - 3300 of 9289

Full-Text Articles in Social and Behavioral Sciences

Happy Toilet: A Social Analytics Approach To The Study Of Public Toilet Cleanliness, Eugene W. J. Choy, Winston M. K. Ho, Xiaohang Li, Ragini Verma, Li Jin Sim, Kyong Jin Shim Dec 2019

Happy Toilet: A Social Analytics Approach To The Study Of Public Toilet Cleanliness, Eugene W. J. Choy, Winston M. K. Ho, Xiaohang Li, Ragini Verma, Li Jin Sim, Kyong Jin Shim

Research Collection School Of Computing and Information Systems

This study presents a social analytics approach to the study of public toilet cleanliness in Singapore. From popular social media platforms, our system automatically gathers and analyzes relevant public posts that mention about toilet cleanliness in highly frequented locations across the Singapore island - from busy shopping malls to food 'hawker' centers.

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Perfecting Singapore’S System Of Political Governance: Privileging Elites In The Quest For Good Governance, Tan K. B. Eugene Dec 2019

Perfecting Singapore’S System Of Political Governance: Privileging Elites In The Quest For Good Governance, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

This chapter argues that the office of the Elected President is best understood as an elite institution with eligibility restricted to a select group by a stringent set of criteria for hopefuls from the public and private sectors. The Singapore Constitution provides the Elected President with executive and legislative powers. Since independence in 1965, Singapore has sought to constitutionally engineer a political system that meets its unique needs and aspirations. Any theory of responsible government, undergirded by the separation of powers, will entail some measure of both conflict and cooperation, whether one or the other dominates. Given the particularistic neo-Confucian …

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The Future Development Of Reits In China, Jia Sun Dec 2019

The Future Development Of Reits In China, Jia Sun

Dissertations and Theses Collection (Open Access)

Real Estate Investment Trust (REIT) is a type of trust fund or corporation that pools the funds of a large number of investors by issuing a certificate of income and invest the raised funds in real estate projects that are managed by a specialized investment institution. The real estate investment risk is moderate, and the rent is stable, but the capital threshold is high, and it is difficult for small and medium investors to enter the market. The invention of REITs aims to solve this problem, through the collection of funds, so that small and medium investors can enter the …

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An Ai Approach To Measuring Financial Risk, Lining Yu, Wolfgang Karl Hardle, Lukas Borke, Thijs Benschop Dec 2019

An Ai Approach To Measuring Financial Risk, Lining Yu, Wolfgang Karl Hardle, Lukas Borke, Thijs Benschop

Sim Kee Boon Institute for Financial Economics

AI artificial intelligence brings about new quantitative techniques to assess the state of an economy. Here, we describe a new measure for systemic risk: the Financial Risk Meter (FRM). This measure is based on the penalization parameter (λ" role="presentation" style="box-sizing: border-box; display: inline; font-style: normal; font-weight: normal; line-height: normal; font-size: 18px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: normal; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; position: relative;">λλ) of a linear quantile lasso regression. The FRM is calculated by taking the average …

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Imaginary Conquests: Folktales, Film, And The Japanese Empire In Asia, Richard M Davis Dec 2019

Imaginary Conquests: Folktales, Film, And The Japanese Empire In Asia, Richard M Davis

Research Collection School of Social Sciences

This article highlights three family-targeted films made under the wartime Japanese empire: Yamamoto Kajir ō ’s musical comedy Songokū (1940) and Seo Mitsuyo’s animated Momotarō films, Sea Eagles (1943) and Divine Warriors of the Sea (1945). Significantly, these films are based on two fantastical premodern stories—the Chinese novel Journey to the West and the Japanese Momotarō legend, respectively—whose quest narratives map onto Japan’s contemporaneous military expansion into mainland China and the islands of the South Pacific. Despite the films’ seeming alignment with ultranationalist ideology, I argue that the geopolitical trajectories of their narratives are rendered ambiguous by their various reception …

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Eruption Of Protests Around The Globe In 2019 Could Be The New Norm, Tan K. B. Eugene Dec 2019

Eruption Of Protests Around The Globe In 2019 Could Be The New Norm, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary, SMU Associate Professor of Law Eugene Tan discussed the key lessons gleaned from protests around the globe in 2019 and what they say about governance today. He noted that while taking to the streets in protest is not new, this year’s unrest in at least 18 countries in different corners of the world is characterised by the breadth and intensity of the protests. Assoc Prof Tan opined that this year’s protests may well presage a new era of political and societal conflict and protests as a norm.

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Politics And Policy: Chinese Money And Its Impact On The Regulation Of Residential Property In The West, Edward Seng Wei Ti Dec 2019

Politics And Policy: Chinese Money And Its Impact On The Regulation Of Residential Property In The West, Edward Seng Wei Ti

Research Collection Yong Pung How School Of Law

The narrative of Chinese real estate investors in some western jurisdictions reads like this: China has in recent decades, enjoyed burgeoning wealth creation across all strata in society. Chinese buyers are attracted to a ‘westernised’ education for their children, an agreeable and law-abiding civic society all whilst living in a clean and pleasant environment. Western real estate markets are seen as safe havens and bringing about portfolio diversification. This flood of Chinese wealth has impacted residential housing markets resulting in locals being outpriced. To combat unaffordability and housing shortages, governments have had no choice but to impose regulatory measures preventing …

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For Ye Have The Poor Always With You: Exploring China's Latest War On Poverty, John A. Donaldson Dec 2019

For Ye Have The Poor Always With You: Exploring China's Latest War On Poverty, John A. Donaldson

Research Collection School of Social Sciences

John Donaldson’s section discusses Xi Jinping’s ambitious pledge to end poverty in China by 2020, toward which the CCP has deployed a locally adaptable set of policies that have mobilized actors in the public and private sectors and tied officials’ performance to success in poverty reduction. The Party understands that poverty—a manifestation of a severe inability to provide a good life for the people—represents a concerning indictment of the regime’s legitimacy overall. This paper fills in an analytic gap among Western sources regarding these programs, which have to date seen well over fifty billion dollars of poverty alleviation funding disbursed …

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From Jols To Jols+: Directing Learners’ Attention In Retrieval Practice To Boost Integrative Argumentation, Sarah Shi Hui Wong, Stephen Wee Hun Lim Dec 2019

From Jols To Jols+: Directing Learners’ Attention In Retrieval Practice To Boost Integrative Argumentation, Sarah Shi Hui Wong, Stephen Wee Hun Lim

Research Collection School of Social Sciences

The effects of retrieval practice on complex, meaningful learning outcomes that require more than just basic recall are of ongoing interest in the test-enhanced learning literature. Across two experiments, we investigated the extent that retrieval practice boosts integrative argumentation—the integration of opposing viewpoints to form conclusions. Participants were tasked to form an integrative argumentation response after reading a text containing arguments for and against an issue. We found that retrieval practice alone produced superior long-term retention of text content, but not better use of integrative stratagems relative to repeated study (Experiment 1). However, when retrieval practice was augmented with judgments …

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“Daughter” As A Positionality And The Gendered Politics Of Taking Parents Into The Field, Menusha De Silva, Kanchan Gandhi Dec 2019

“Daughter” As A Positionality And The Gendered Politics Of Taking Parents Into The Field, Menusha De Silva, Kanchan Gandhi

Research Collection School of Social Sciences

Research on gendered politics of the field has delved into the practices of accompaniment and its implications on research and knowledge production, particularly through the case of researchers’ children and partners. In comparison, the tendency to seek assistance from parents is neglected within the scholarship. Drawing on the PhD fieldwork experiences of two researchers in their “native” country, specifically a Sri Lankan researcher conducting fieldwork in Sri Lanka and a North Indian scholar researching in South India, the paper reveals parents’ contribution to the research process, in terms of enhancing researcher credibility, facilitating contact‐making and access, and providing emotional and …

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Singapore In 2018: Between Uncharted Waters And Old Ghosts, George Wong, Jun Jie Woo Dec 2019

Singapore In 2018: Between Uncharted Waters And Old Ghosts, George Wong, Jun Jie Woo

Research Collection School of Social Sciences

For the city state of Singapore, 2018 was a year of many firsts. It marked the midpoint of the 13th Parliament of Singapore within a manifestly post–Lee Kuan Yew era. The incumbent government of the People's Action Party (PAP) began the year with the pleasant surprise that economic growth in 2017 had reached 3.6 per cent. This exceeded the modest expectations of 1.5 to 3.5 per cent. But despite the positive start, 2018 was to be filled with headwinds for Singapore, both new and familiar. Top of the list was the revival of tensions with Malaysia, as well as a …

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Un Treaty On Mediation Signed In Singapore, Nadja Alexander, Shou Yu Chong Dec 2019

Un Treaty On Mediation Signed In Singapore, Nadja Alexander, Shou Yu Chong

Research Collection Yong Pung How School Of Law

The Singapore Convention on Mediation is a multilateral treaty which offers a legal framework facilitating the circulation of international mediated settlement agreements (iMSAs) across national borders. The Singapore Convention achieves this by elevating iMSAs to the status of a new type of legal instrument recognised in international law: neither a contract nor a consent arbitral award, iMSAs that fall within the scope of, and that satisfy the conditions within, the Singapore Convention enjoy a unique status. As outlined below, the new Convention establishes a system for the recognition and enforcement of commercial iMSAs. This report is a follow up to …

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The Unexpected Activeness Of Passive Investors: A Worldwide Analysis Of Etfs, Si Cheng, Massimo Massa, Hong Zhang Dec 2019

The Unexpected Activeness Of Passive Investors: A Worldwide Analysis Of Etfs, Si Cheng, Massimo Massa, Hong Zhang

Research Collection Lee Kong Chian School Of Business

The global ETF industry provides more complicated investment vehicles than low-cost index trackers. Instead, we find that the real investments of ETFs may deviate from their benchmarks to leverage informational advantages (which leads to a surprising stock-selection ability) and to help affiliated OEFs through cross-trading. These effects are more prevalent in ETFs domiciled in Europe. Moreover, ETF flows seem to respond to additional risk. These results have important normative implications for consumer protection and financial stability. (JEL G20)

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Do Real Estate Agents Have Information Advantages In Housing Markets?, Sumit Agarwal, Jia He, Tien Foo Sing, Changcheng Song Dec 2019

Do Real Estate Agents Have Information Advantages In Housing Markets?, Sumit Agarwal, Jia He, Tien Foo Sing, Changcheng Song

Research Collection Lee Kong Chian School Of Business

We use a large housing transaction data set in Singapore to study whether real estate agents use information advantages to buy houses at bargain prices. Agents bought their own houses at prices that are 2.54% lower than comparable houses bought by other buyers. Consistent with information asymmetries, agent buyers have more information advantages in less informative environments, and agent buyers are more likely to buy houses from agent sellers. Agent discounts are from both “cherry picking” and bargaining power, and bargaining power contributes more to the agent discounts. Agents’ advantage consists in their information of available houses and previous purchase …

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Of Promoting Networking And Protecting Privacy: Effects Of Defaults And Regulatory Focus On Social Media Users’ Preference Settings, Hichang Cho, Sungjong Roh, Byungho Park Dec 2019

Of Promoting Networking And Protecting Privacy: Effects Of Defaults And Regulatory Focus On Social Media Users’ Preference Settings, Hichang Cho, Sungjong Roh, Byungho Park

Research Collection Lee Kong Chian School Of Business

Privacyresearch has debated whether privacy decision-making is determined by users'stable preferences (i.e., individual traits), privacy calculus (i.e.,cost-benefit analysis), or “responses on the spot” that vary across contexts.This study focuses on two factors—default setting as a contextual factor andregulatory focus as an individual difference factor—and examines the degree towhich these factors affect social media users' decisionmaking when usingprivacy preference settings in a fictitious social networking site. Theresults, based on two experimental studies (study 1, n = 414; study 2, n =213), show that default settings significantly affect users' privacypreferences, such that users choose the defaults or alternatives proximal tothem. Study 2 …

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A Mathematical Programming Model For The Green Mixed Fleet Vehicle Routing Problem With Realistic Energy Consumption And Partial Recharges, Vincent F. Yu, Panca Jodiwan, Aldy Gunawan, Audrey Tedja Widjaja Dec 2019

A Mathematical Programming Model For The Green Mixed Fleet Vehicle Routing Problem With Realistic Energy Consumption And Partial Recharges, Vincent F. Yu, Panca Jodiwan, Aldy Gunawan, Audrey Tedja Widjaja

Research Collection School Of Computing and Information Systems

A green mixed fleet vehicle routing with realistic energy consumption and partial recharges problem (GMFVRP-REC-PR) is addressed in this paper. This problem involves a fixed number of electric vehicles and internal combustion vehicles to serve a set of customers. The realistic energy consumption which depends on several variables is utilized to calculate the electricity consumption of an electric vehicle and fuel consumption of an internal combustion vehicle. Partial recharging policy is included into the problem to represent the real life scenario. The objective of this problem is to minimize the total travelled distance and the total emission produced by internal …

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Tracking Political Events In Social Media: A Case Study Of Hong Kong Protests, Haodi Qi, Hanyu Jiang, Wende Bu, Chengzi Zhang, Kyong Jin Shim Dec 2019

Tracking Political Events In Social Media: A Case Study Of Hong Kong Protests, Haodi Qi, Hanyu Jiang, Wende Bu, Chengzi Zhang, Kyong Jin Shim

Research Collection School Of Computing and Information Systems

In this study, we analyze social conversations about Hong Kong Protests, a series of events that were widely seen and debated in social media in 2019. Our system collects data from Twitter and Reddit using their APIs. It performs sentiment analysis, and the analysis results show changes in public sentiment around major events. Social network analysis reveals influencers - users that are in the center of social conversations. Our interactive Tableau dashboard allows the user to easily monitor live social conversations about Hong Kong protests.

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Inequality And The Social Compact In Singapore: Macro Trends Versus Lived Realities, Nathan Peng Dec 2019

Inequality And The Social Compact In Singapore: Macro Trends Versus Lived Realities, Nathan Peng

Research Collection School of Social Sciences

This paper provides an overview of Singapore’s inequality since 2000. Upon examining empirical indicators reflecting different aspects of inequality, there seems to be a divergence between largely stable macro-level trends and “felt” inequality experienced by citizens. While the empirical record reflects fairly stable income, wealth, consumption and intergenerational inequality, other data show how educational performance and sense of belonging are continuously tied to socio-economic position. Juxtaposing these insights against a qualitative analysis of Singapore’s meritocracy, the social and political ferment on the issue of inequality in 2018—with heightened discourses among both elites and the public—makes sense against a backdrop of …

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The Chinese (Taiwan) Yearbook Of International Law And Affairs: Contributing To The Grotian Moment In Asia, Ying-Jeou Ma, Chun-I Chen, Pasha L. Hsieh Dec 2019

The Chinese (Taiwan) Yearbook Of International Law And Affairs: Contributing To The Grotian Moment In Asia, Ying-Jeou Ma, Chun-I Chen, Pasha L. Hsieh

Research Collection Yong Pung How School Of Law

The contribution examines critical developments of the Chinese (Taiwan) Yearbook of International Law and Affairs and its contribution to the ‘Grotian moment’ in Asia. The Yearbook is the first publication specialized in international law in Greater China, a Chinese-speaking region that includes Mainland China, Taiwan, Hong Kong and Macau. The founding of the Yearbook in 1981 was a response to the unique status of the Republic of China (ROC) rendered after its loss of representation in the United Nations under General Assembly Resolution 2758 of 1971. Over the past 40 years, the Yearbook has become an intellectual depository of research …

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Transparency Of Insurance Contract Law In Singapore, Christopher C. H. Chen Dec 2019

Transparency Of Insurance Contract Law In Singapore, Christopher C. H. Chen

Research Collection Yong Pung How School Of Law

No abstract provided.

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Singapore Case Note: Enforceability Of Settlement Agreements, Nadja Alexander, Shou Yu Chong Dec 2019

Singapore Case Note: Enforceability Of Settlement Agreements, Nadja Alexander, Shou Yu Chong

Research Collection Yong Pung How School Of Law

Since the signing of the Singapore Convention on Mediation in August this year, there has been an increased interest on the enforceability of settlement agreements, particularly those arising from mediation. The case of Law Chau Loon v Alphire Group Pte Ltd [2019] SGHC 275 from the Singapore High Court provides us with some general legal principles to consider when a settlement agreement is drafted. Although mediation did not take place between the parties in dispute, the principles stated by the High Court here remain relevant to the drafting of binding mediated settlement agreements (MSAs). This case is essential reading for …

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An Analysis Of Open Innovation Determinants: The Case Study Of Singapore Based Family Owned Enterprises, Annie Koh, Esther Kong, Giuseppe Timperio Dec 2019

An Analysis Of Open Innovation Determinants: The Case Study Of Singapore Based Family Owned Enterprises, Annie Koh, Esther Kong, Giuseppe Timperio

Research Collection Lee Kong Chian School Of Business

Family businesses play an important role in the growth of global economy, and while they are arguably perceived as a conservative form of organization with high risk aversion and reluctance to change, counterintuitive empirical evidence show that they are most effective in ideation and commercialization of innovation projects. In the current business environment of rapid change in work patterns, fast adoption of enabling technologies for seamless collaborations across industry and geography, along with intense competition and high uncertainty, enterprises have no choice but to maximize returns on innovation investments. Therefore, they are increasingly dependent on an ecosystem-based approach to innovation …

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Sieve Estimation Of Time-Varying Panel Data Models With Latent Structures, Liangjun Su, Xia Wang, Sainan Jin Dec 2019

Sieve Estimation Of Time-Varying Panel Data Models With Latent Structures, Liangjun Su, Xia Wang, Sainan Jin

Research Collection School Of Economics

We propose a heterogeneous time-varying panel data model with a latent group structure that allows the coefficients to vary over both individuals and time. We assume that the coefficients change smoothly over time and form different unobserved groups. When treated as smooth functions of time, the individual functional coefficients are heterogeneous across groups but homogeneous within a group. We propose a penalized-sieve-estimation-based classifier-Lasso (C-Lasso) procedure to identify the individuals’ membership and to estimate the group-specific functional coefficients in a single step. The classification exhibits the desirable property of uniform consistency. The C-Lasso estimators and their post-Lasso versions achieve the oracle …

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Optimal Control For Transboundary Pollution Under Ecological Compensation: A Stochastic Differential Game Approach, Ke Jiang, Ryan Knowles Merrill, Daming You, Pan Pan Dec 2019

Optimal Control For Transboundary Pollution Under Ecological Compensation: A Stochastic Differential Game Approach, Ke Jiang, Ryan Knowles Merrill, Daming You, Pan Pan

Research Collection Lee Kong Chian School Of Business

To account for previously ignored, yet widely observed uncertainty in nature's capability to replenish the natural environment in ways that should inform ideal design of ecological compensation (EC) regimes, this study constructs a stochastic differential game (SDG) model to analyze transboundary pollution control options between a compensating and compensated region. Equilibrium strategies in the stochastic, two player game inform optimal control theory and reveal a welfare distribution mechanism to form the basis of an improved cooperative game contract. A case-based numerical example serves to verify the theoretical results and supports three key insights. First, accounting for various random disturbance factors, …

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The Role Of Career And Wage Incentives In Labor Productivity: Evidence From A Two-Stage Field Experiment In Malawi, Hyuncheol Kim, Seonghoon Kim, Thomas Kim Dec 2019

The Role Of Career And Wage Incentives In Labor Productivity: Evidence From A Two-Stage Field Experiment In Malawi, Hyuncheol Kim, Seonghoon Kim, Thomas Kim

Research Collection School Of Economics

We study how career and wage incentives affect labor productivity through self-selection and incentive effect channels using a two-stage field experiment in Malawi. First, recent secondary school graduates were hired with either career or wage incentives. After employment, a half of workers with career incentives randomly received wage incentives, and a half of workers with wage incentives randomly received career incentives. Career incentives attract higher-performing workers than wage incentives, but do not increase productivity conditional on selection. Wage incentives increase productivity for those recruited through career incentives. Observable characteristics are limited in explaining selection effects of entry-level workers.

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Growth Effects Of Additive And Multiplicative Robots Alongside Conventional Machines, Hian Teck Hoon Dec 2019

Growth Effects Of Additive And Multiplicative Robots Alongside Conventional Machines, Hian Teck Hoon

Research Collection School Of Economics

We study the effects of introducing two different types of robots (additive and multiplicative) in an infinitely lived one-sector aggregative model with malleable capital on wages. The wage effects of these two polar cases are dramatically different. Given malleable capital that can be retrofitted for use either as conventional machines or as robots, we show that when it is profitable for firms to adopt additive robots in the production process, the real wage drops on impact and remains permanently at the lower level even as total malleable capital accumulates. However, when multiplicative robots are adopted, we show that while the …

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Detecting Financial Collapse And Ballooning Sovereign Risk, Peter C. B. Phillips, Sp Shi Dec 2019

Detecting Financial Collapse And Ballooning Sovereign Risk, Peter C. B. Phillips, Sp Shi

Research Collection School Of Economics

This paper proposes a new model for capturing discontinuities in the underlying financial environment that can lead to abrupt falls, but not necessarily sustained monotonic falls, in asset prices. This notion of price dynamics is consistent with existing understanding of market crashes, which allows for a mix of market responses that are not universally negative. The model may be interpreted as a martingale composed with a randomized drift process that is designed to capture various asymmetric drivers of market sentiment. In particular, the model is capable of generating realistic patterns of price meltdowns and bond yield inflations that constitute major …

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Climbing The Corporate Ladder And Within-Person Changes In Narcissism: Reciprocal Relationships Over Two Decades, Bart Wille, Joeri Hofmans, Filip Lievens, Mitja D. Back, Filip De Fruyt Dec 2019

Climbing The Corporate Ladder And Within-Person Changes In Narcissism: Reciprocal Relationships Over Two Decades, Bart Wille, Joeri Hofmans, Filip Lievens, Mitja D. Back, Filip De Fruyt

Research Collection Lee Kong Chian School Of Business

Prior research demonstrated that narcissism fosters the attainment of higher managerial ranks in organizations. However, it is not known whether climbing the corporate ladder also fosters the development of narcissism over time. Whereas prior work consistently adopted a unidirectional perspective on narcissism and career attainment, this study presents and tests a bidirectional perspective, incorporating long-term development in narcissism in relation to and in response to long-term upward mobility. To this end, a cohort of highly educated professionals was assessed three times over a 22-year time frame. Extended latent difference score modeling showed that, over the entire interval, within-person changes in …

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Of Promoting Networking And Protecting Privacy: Effects Of Defaults And Regulatory Focus On Social Media Users’ Preference Settings, Hichang Cho, Sungjong Roh, Byungho Park Dec 2019

Of Promoting Networking And Protecting Privacy: Effects Of Defaults And Regulatory Focus On Social Media Users’ Preference Settings, Hichang Cho, Sungjong Roh, Byungho Park

Research Collection Lee Kong Chian School Of Business

Privacy research has debated whether privacy decision-making is determined by users' stable preferences (i.e., individual traits), privacy calculus (i.e., cost-benefit analysis), or “responses on the spot” that vary across contexts. This study focuses on two factors—default setting as a contextual factor and regulatory focus as an individual difference factor—and examines the degree to which these factors affect social media users' decision-making when using privacy preference settings in a fictitious social networking site. The results, based on two experimental studies (study 1, n = 414; study 2, n = 213), show that default settings significantly affect users' privacy preferences, such that …

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Finance And Ideology: The Firm-Level Channels, Hao Liang, Rong Wang, Haikun Zhu Dec 2019

Finance And Ideology: The Firm-Level Channels, Hao Liang, Rong Wang, Haikun Zhu

Research Collection Lee Kong Chian School Of Business

We provide firm-level evidence on how politicians’ ideologies affect economic outcomes and financial development by exploring a unique setting of ideological discontinuity in China from Maoism to Dengism around 1978. We find the ideological exposure during a politician’s early adulthood has an enduring effect on contemporary firm and city policies. Firms governed by “Mao’s mayors” have more stakeholder spending, lower pay inequality, and less internationalization than those governed by Deng’s. Further evidence suggests politicians’ ideology may affect economic activities through channels other than economic policy. Selection bias, endogenous matching and mayor age effect are unlikely to drive our results.

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