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Articles 5641 - 5670 of 9289

Full-Text Articles in Social and Behavioral Sciences

Of Links And Legal Merits: Good Faith In The Statutory Derivative Action In Singapore, Pearlie M. C. Koh Jun 2015

Of Links And Legal Merits: Good Faith In The Statutory Derivative Action In Singapore, Pearlie M. C. Koh

Research Collection Yong Pung How School Of Law

An applicant for leave to bring a statutory derivative action in Singapore is required to satisfy the court as to, inter alia, his good faith. Although the statutory language places the burden of doing so on the applicant, Singapore courts have tended to assume the presence of good faith if the claim is a legitimate one. This approach, which denigrates the requirement of good faith, was recently disapproved by the Singapore Court of Appeal. This notwithstanding, subsequent cases have reverted to the earlier position, casting doubt on the utility of the requirement. This paper considers good faith, and argues that …

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The Invisible Hand Of Short Selling: Does Short Selling Discipline Earnings Management?, Massimo Massa, Bohui Zhang, Hong Zhang Jun 2015

The Invisible Hand Of Short Selling: Does Short Selling Discipline Earnings Management?, Massimo Massa, Bohui Zhang, Hong Zhang

Research Collection Lee Kong Chian School Of Business

We hypothesize that short selling has a disciplining role vis-a-vis firm managers that forces them to reduce earnings management. Using firm-level short-selling data for thirty-three countries collected over a sample period from 2002 to 2009, we document a significantly negative relationship between the threat of short selling and earnings management. Tests based on instrumental variable and exogenous regulatory experiments offer evidence of a causal link between short selling and earnings management. Our findings suggest that short selling functions as an external governance mechanism to discipline managers.

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Restitution [2014], Man Yip Jun 2015

Restitution [2014], Man Yip

Research Collection Yong Pung How School Of Law

No abstract provided.

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Grandchild Care, Intergenerational Transfers, And Grandparents’ Labor Supply, Christine Ho Jun 2015

Grandchild Care, Intergenerational Transfers, And Grandparents’ Labor Supply, Christine Ho

Research Collection School Of Economics

One-fifth of children aged below five with employed mothers benefit from grandparent provided child care as their main source of daycare in the US. Using data from the health and retirement study, we investigate how grandchild care needs relate to intergenerational transfers of time and money and grandparents’ labor supply behavior. We find that grandparents with a new born grandchild are more likely to provide grandchild care while married grandparents are also more likely to be employed and provide financial help. Grandparents with grandchildren living close by provided higher time transfers while married grandmothers with resident grandchildren also worked longer …

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Export-Learning And Fdi With Heterogeneous Firms, Amanda Jakobsson Jun 2015

Export-Learning And Fdi With Heterogeneous Firms, Amanda Jakobsson

Research Collection School Of Economics

I present a dynamic general equilibrium model with heterogeneous firms that can innovate, learn how to export and then go on to become multinational firms. Entering the foreign market is a dynamic process where firms first learn how to export and then can learn how to adapt production to a low-wage location (multinational production). I solve the model numerically and, starting from a 1990 benchmark of US and Mexico, study how policy changes such as stronger patent protection and trade liberalization affect innovation, technology transfer and consumer welfare. In particular, I disentangle how labor resources are reallocated within regions in …

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Memorial To Edmond Malinvaud, Peter C. B. Phillips Jun 2015

Memorial To Edmond Malinvaud, Peter C. B. Phillips

Research Collection School Of Economics

A great man, a wide-ranging thinker and writer, a pre-eminent researcher, andan inspiring educator passed away on 7 March 2015, leaving the world of economicsso much the poorer and narrower. Edmond Malinvaud was a giant amongmany giants in the subject and one who strode uniquely and comfortably acrossthe entire discipline like an academic colossus

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Halbert White Jr. Memorial Jfec Lecture: Pitfalls And Possibilities In Predictive Regression, Peter C. B. Phillips Jun 2015

Halbert White Jr. Memorial Jfec Lecture: Pitfalls And Possibilities In Predictive Regression, Peter C. B. Phillips

Research Collection School Of Economics

Financial theory and econometric methodology both struggle in formulating models that are logically sound in reconciling short-run martingale behavior for financial assets with predictable long-run behavior, leaving much of the research to be empirically driven. The present article overviews recent contributions to this subject, focusing on the main pitfalls in conducting predictive regression and on some of the possibilities offered by modern econometric methods. The latter options include indirect inference and techniques of endogenous instrumentation that use convenient temporal transforms of persistent regressors. Some additional suggestions are made for bias elimination, quantile crossing amelioration, and control of predictive model misspecification.

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Buying Insurance The D-I-Y Way, Benedict Koh Jun 2015

Buying Insurance The D-I-Y Way, Benedict Koh

Research Collection Lee Kong Chian School Of Business

Singaporeans face two key risks in life: dying too young and living too long. The latter risk, commonly known as longevity risk, has been the key focus of the Central Provident Fund Advisory Panel's recent deliberation and recommendations. By saving the Basic Minimum Sum and purchasing a life annuity, Singaporeans can hedge the risk of outliving their lifetime savings.

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What Does Living Alone Really Mean For Older Persons? A Comparative Study Of Myanmar, Vietnam, And Thailand, Bussarawan Puk Teerawichitchainan, John Knodel, Wiraporn Pothisiri Jun 2015

What Does Living Alone Really Mean For Older Persons? A Comparative Study Of Myanmar, Vietnam, And Thailand, Bussarawan Puk Teerawichitchainan, John Knodel, Wiraporn Pothisiri

Research Collection School of Social Sciences

Background: Rapid development and social change in Asia have led many to assume that the proportion of elderly people living alone is rising and that they tend to live in destitute situations. These assumptions often lack empirical validation. Objective: We address the trends and correlates of solitary living among older persons in Myanmar, Vietnam, and Thailand. We examine the extent to which this form of living arrangement equates with their financial stress, physical and social isolation, psychological distress, and met need for personal care. Methods: We analyze 2011-12 national surveys of older persons from the three countries. We employ descriptive …

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Prioritizing Urban Sustainability Solutions: Coordinated Approaches Must Incorporate Scale-Dependent Built Environment Induced Effects, Matei Georgescu, Winston T. L. Chow, Z. H. Wang, Anthony J. Brazel, Barbara Trapido-Lurie, M. Roth, Valeria Benson Jun 2015

Prioritizing Urban Sustainability Solutions: Coordinated Approaches Must Incorporate Scale-Dependent Built Environment Induced Effects, Matei Georgescu, Winston T. L. Chow, Z. H. Wang, Anthony J. Brazel, Barbara Trapido-Lurie, M. Roth, Valeria Benson

Research Collection School of Social Sciences

Because of a projected surge of several billion urban inhabitants by mid-century, a rising urgency exists to advance local and strategically deployed measures intended to ameliorate negative consequences on urban climate (e.g., heat stress, poor air quality, energy/water availability). Here we highlight the importance of incorporating scale-dependent built environment induced solutions within the broader umbrella of urban sustainability outcomes, thereby accounting for fundamental physical principles. Contemporary and future design of settlements demands cooperative participation between planners, architects, and relevant stakeholders, with the urban and global climate community, which recognizes the complexity of the physical systems involved and is ideally fit …

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Automated Estimation Of Vector Error Correction Models, Zhipeng Liao, Peter C. B. Phillips Jun 2015

Automated Estimation Of Vector Error Correction Models, Zhipeng Liao, Peter C. B. Phillips

Research Collection School Of Economics

Model selection and associated issues of post-model selection inference present well known challenges in empirical econometric research. These modeling issues are manifest in all applied work but they are particularly acute in multivariate time series settings such as cointegrated systems where multiple interconnected decisions can materially affect the form of the model and its interpretation. In cointegrated system modeling, empirical estimation typically proceeds in a stepwise manner that involves the determination of cointegrating rank and autoregressive lag order in a reduced rank vector autoregression followed by estimation and inference. This paper proposes an automated approach to cointegrated system modeling that …

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Where Does Bicycling For Health Happen? Analysing Volunteered Geographic Information Through Place And Plexus, Greg P. Griffin, Junfeng Jiao Jun 2015

Where Does Bicycling For Health Happen? Analysing Volunteered Geographic Information Through Place And Plexus, Greg P. Griffin, Junfeng Jiao

Research Collection College of Integrative Studies

Research on the role of bicycling for health through physical activity has been limited by the lack of information on where bicyclists ride. New big data sources available through smartphone-based applications provide a rich source to provide bicycle volume data more comparable to the scale of information available for automotive and public transit modes. In the case of smartphone apps for fitness tracking, results of this data can be used similar to the growing application of global positioning systems for automotive travel surveying. The authors evaluate data from Travis County, Texas for the purpose of determining where bicyclists ride, primarily …

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Pung Chhiv Kek [Cambodia, Activist], Pung Chhiv Kek May 2015

Pung Chhiv Kek [Cambodia, Activist], Pung Chhiv Kek

Digital Narratives of Asia

Dr Pung Chhiv Kek is the Founder and President of the Cambodian League for the Promotion and Defense of Human Rights (LICADHO) and was nominated in 2005 for the Nobel Peace Prize as part of the 1000 Women for the Nobel Peace Prize project. Apart from her work to improve the rights and lives of Cambodians, she talks to DNA about her efforts to bring Hun Sen and Sihanouk together for talks, which later led to the Peace Accords of 1991.

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Washington Sycip [Philippines, Founder Of Sgv Group], Washington Sycip May 2015

Washington Sycip [Philippines, Founder Of Sgv Group], Washington Sycip

Digital Narratives of Asia

Washington SyCip is the founder of SGV Group, a premier audit firm in the Philippines. He shares with DNA how he built up the firm despite tremendous odds, and what drives him to do good as a business leader.

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Somsavat Lengsavad [Laos, Deputy Prime Minister], Somsavat Lengsavad May 2015

Somsavat Lengsavad [Laos, Deputy Prime Minister], Somsavat Lengsavad

Digital Narratives of Asia

Somsavat Lengsavad is Deputy Prime Minister of Laos. He joined the People's Revolutionary Movement as a combatant in 1961 and his efforts to liberate and unite Laos found him in government decades later. He speaks to DNA about his time in combat, as well as the lessons he learnt from his role model, former President Kaysone Phomvihane.

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Mochtar Riady [Indonesia, Banker], Mochtar Riady May 2015

Mochtar Riady [Indonesia, Banker], Mochtar Riady

Digital Narratives of Asia

Founder and Chairman of Lippo Group, Mochtar Riady gained the moniker "Magic Man of Banking" because of his ability to turn around and grow several of Indonesia's private banks, the most notable being Bank Central Asia (BCA). But his 15 years in BCA wasn't all smooth sailing. He speaks to DNA about his challenges in BCA, which saw him dealing with sensitive relationships with the Suharto government, as well as the firing of his own son for Forex speculation.

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Washing Hands, Saving Lives, Singapore Management University May 2015

Washing Hands, Saving Lives, Singapore Management University

Perspectives@SMU

Diarrhoea is a major cause of child mortality in rural Vietnam, caused by a lack of running water and poor handwashing habits. A handwashing station called the HappyTap could solve the problem

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Transforming Learning Spaces For New Generation Of Learners, Gulcin Cribb, Devika Sangaram May 2015

Transforming Learning Spaces For New Generation Of Learners, Gulcin Cribb, Devika Sangaram

Research Collection Library

No abstract provided.

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The Metro Manila Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, John W. Ellington May 2015

The Metro Manila Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, John W. Ellington

Institute of Societal Leadership Research Collection

Although Western colonisers have, to varying degrees, shaped the political structures and economies of nearly all modern Southeast Asian nations, they achieved an unmatched level of cultural and institutional penetration in the Philippines. Far from the Indic influences that inspired Angkor Wat, Borobudur and Bagan, the island group was only marginally sanskritised during the pre-colonial period. With some notable exceptions in the south, Muslim communities were also never able to establish firm roots. Mindanao, Sulu and even southern Luzon were home to maritime sultanates beginning in the late 14th century, but a Spanish victory over the Muslim Rajah of Maynila …

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Smu Announces Development Plan To Enhance Its City Campus, Singapore Management University May 2015

Smu Announces Development Plan To Enhance Its City Campus, Singapore Management University

SMU Press Releases and News

Singapore Management University (SMU) today announced that it will embark on a two-year development project that will not only add new and much-needed additional learning, teaching and group study spaces to its current campus in the city, but also transform the landscape of the Civic District by injecting energy, zing and activities to the SMU Campus Green, with a vision to bring back the buzz and revive the ‘Bras Basah spirit’. The project will enhance the opportunities for SMU to engage with the community, and showcase the talent and vibrancy of the SMU campus and Singapore’s youth. Key features to …

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Bioecological Exchange Theory: Trading Resources For Childcare In Mate Selection, Katherine A. Valentine May 2015

Bioecological Exchange Theory: Trading Resources For Childcare In Mate Selection, Katherine A. Valentine

Dissertations and Theses Collection (Open Access)

Bioecological exchange theory is proposed, which resolves contradictions between sexual strategies theory and social role theory. People are hypothesized to flexibly shift their mate preferences in response to the percentage of resources they can provide within a couple, but not limitlessly. Men are hypothesized to facultatively shift between 25-100% of provisioning and women from 0-75% of provisioning, as seen in foragers. Both sexes are then hypothesized to trade provisioning for a reciprocal amount of childcare in a partner. Study 1 uses a sample of undergraduate Singaporean women (n = 197) to demonstrate that the more women expect to contribute to …

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Going Beyond The ‘New Normal’ In Indonesia, Mari Pangestu, Philip Charles Zerrillo May 2015

Going Beyond The ‘New Normal’ In Indonesia, Mari Pangestu, Philip Charles Zerrillo

Asian Management Insights

The Republic of Indonesia’s former Minister of Trade and former Minister of Tourism and Creative Economy, Professor Mari Pangestu, talks about the country’s resilience, and going beyond the ‘new normal’, in this interview with Philip Zerrillo.

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The Philippines Growth Story: Ground Realities Of Asean Integration, Bernardo M. Villegas May 2015

The Philippines Growth Story: Ground Realities Of Asean Integration, Bernardo M. Villegas

Asian Management Insights

Open policies, an attractive workforce and new market potential in the Philippines– all suggest a ‘take-off’ is underway.

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Asean's Role In Asia Pacific In The Driver's Seat Or Just A Back-Seat Driver?, Sudhir Devare May 2015

Asean's Role In Asia Pacific In The Driver's Seat Or Just A Back-Seat Driver?, Sudhir Devare

Asian Management Insights

The Association of Southeast Asian Nations (ASEAN) has often been described as the fulcrum around which the security, political and economic architecture of AsiaPacific will be built. But can ASEAN play that role?

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Foreign Investors Are Finding Vietnam Increasingly Attractive, Tony Diep, Hawkins Pham May 2015

Foreign Investors Are Finding Vietnam Increasingly Attractive, Tony Diep, Hawkins Pham

Asian Management Insights

A new wave of mergers and acquisitions and foreign direct investments is coming into Vietnam thanks to macro stability, an emerging middle class and changes in Asia’s manufacturing landscape.

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Developing Leaders, Rajeev Dubey May 2015

Developing Leaders, Rajeev Dubey

Asian Management Insights

Investing in human resources and leadership potential to develop sustained competitive advantage.

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The Past And The Hopeful Future Of Vietnam’S Economy, Le Dang Doanh May 2015

The Past And The Hopeful Future Of Vietnam’S Economy, Le Dang Doanh

Asian Management Insights

Reform and integration are key for tapping Vietnam’s economic potential.

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Muddling Through Or Knee Deep In The Big Muddy?, Howard Thomas May 2015

Muddling Through Or Knee Deep In The Big Muddy?, Howard Thomas

Asian Management Insights

A widening gulf between thepractice of managementand academic organisationscharacterises the stateof affairs in business schools today.

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Asean: Growth In The Fast Lane, Edward Lee May 2015

Asean: Growth In The Fast Lane, Edward Lee

Asian Management Insights

ASEAN’s political, economic and demographic factors suggest a giant is awakening.

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The Future Of Petroleum Security In Asean, Christopher William Dula May 2015

The Future Of Petroleum Security In Asean, Christopher William Dula

Asian Management Insights

Structuralchanges inAsia’s demandfor petroleumthreaten todisrupt supplystability,especially forSoutheast Asia.

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