Social and Behavioral Sciences Commons^™

The Implications Of Sovereign Wealth Fund Investment On Capital Markets: A Bottom-Up View, David Fernandez

Research Collection Lee Kong Chian School Of Business

The buzz around sovereign wealth funds has been turned down a notch, but they remain a hot topic. The accusations of sovereign wealth funds having hidden agendas remain, but with the very public losses suffered by some during the recent financial turmoil, such talk has even less credibility. And given that most of those losses were from investments in US, UK, and European financial institutions, hope that sovereign wealth funds would be the saviors of Wall Street has also faded. At its base, four trends continue to keep sovereign wealth funds in focus. First, there is the phenomenal rise of …

A Macro Perspective To Micro Issues, Devasheesh P. Bhave, Stephane Brutus

Research Collection Lee Kong Chian School Of Business

Comments on an article by Elaine D. Pulakos and Ryan S. O'Leary. The authors argue that bringing the focus on the relationship between the manager and the employee will mend performance management. We concur with the broad assessment that an excessive focus on technical improvements in performance management systems is misplaced and that implementation issues plague performance management. But we believe that poor implementation is an operational challenge not because of the practice itself but rather on account of misalignment. They also allude to a consideration of alignment. They also glosses over the issue of internal alignment or the fact …

Relation-Specific Creative Performance In Voluntary Collaborations: A Micro-Foundation For Competitive Advantage?, Terence Ping Ching Fan, Duncan Robertson

Research Collection Lee Kong Chian School Of Business

A fundamental question in the strategy literature is how sustainable competitive advantage can be generated within one firm and yet difficult to copy by another. We offer one solution to this conundrum by way of relation-specific performance that is developed in creative projects – where the individuals involved have significant latitude on the intended objectives as well as their collaborators on these projects. Because higher-level cognition is involved in navigating such projects from conception to implementation, there is heightened relation-specificity in their performance – as measured by how widely they are adopted by third-party users. This relationspecificity means that any …

Disproportional Ownership Structure And Pay-Performance Relationship In China, Jerry Cao, Xiaofei Pan, Gary Tian

Research Collection Lee Kong Chian School Of Business

This paper examines the impact of ownership structure on executive compensation in China's listed firms. We find that the cash flow rights of ultimate controlling shareholders have a positive effect on the pay-performance relationship, while a divergence between control rights and cash flow rights has a significantly negative effect on the pay-performance relationship. We divide our sample based on ultimate controlling shareholders' type into state owned enterprises (SOE), state assets management bureaus (SAMB), and privately controlled firms. We find that in SOE controlled firms cash flow rights have a significant impact on accounting based pay-performance relationship. In privately controlled firms, …

Recent Developments In European Bank Competition, Juliana Yu Sun

Research Collection School Of Economics

This paper investigates the degree of bank competition in the euro area, the U.S. and U.K. before and after the recent financial crisis, and revisits the issue whether the introduction of EMU and the euro have had any impact on bank competition. The results suggest that the level of bank competition converged across euro area countries in the wake of the EMU. The recent global financial crisis led to a fall in competition in several countries and especially where large credit and housing booms had preceded the crisis...

From Precarious Labor To Precarious Economy? Planning For Precarity In Singapore's Creative Economy, Lily Kong

Research Collection School of Social Sciences

The important place of the oftentimes "hidden" independent worker, or freelancer, has been acknowledged in developed countries where the creative economy has grown. These creative workers do not belong to the traditional employment set-up organized around firms. Instead, they move from portfolio to portfolio, assignment to assignment, interspersing corporation-based jobs with periods of self employment. Their work offers freedom, independence and creative space, but has also been characterized as precarious, because the securities of old working patterns no longer hold. While governments in many countries and cities have become attracted to the potential of the creative economy, those that have …

The Use Of Role-Player Prompts In Assessment Center Exercises, Eveline Schollaert, Filip Lievens

Research Collection Lee Kong Chian School Of Business

So far, a substantial amount of assessment center (AC) studies have aimed to improve the quality of the AC method by focusing on the assessors. However, systematic studies about the role-player in AC exercises are nonexistent. This is surprising as the role-player might serve as a key figure for consistently evoking job-relevant behavior across candidates. Therefore, this study focused on the 'role' of role-players in ACs. We examined the effects of instructing role-players to use prompts among 233 candidates. Results suggest that role-players are able to use prompts and that their negative impact on candidates' reactions is negligible. In addition, …

Preferences, Prisoners And Private Information: Was Socrates Rational At His Trial?, Brishti Guha

Research Collection School Of Economics

Using concepts from game theory, political economy, law and economics and the economics of asymmetric information, we describe the economics of one of the most famous trials in history—that of the Athenian philosopher Socrates. We discuss the question of whether Socrates’ actions during his trial were rational, using two different models. Our analysis sheds some light on institutional efficiency in trials that followed the classical Athenian pattern.

Topical Keyphrase Extraction From Twitter, Xin Zhao, Jing Jiang, Jing He, Yang Song, Palakorn Achananuparp, Ee Peng Lim, Xiaoming Li

Research Collection School Of Computing and Information Systems

Summarizing and analyzing Twitter content is an important and challenging task. In this paper, we propose to extract topical keyphrases as one way to summarize Twitter. We propose a context-sensitive topical PageRank method for keyword ranking and a probabilistic scoring function that considers both relevance and interestingness of keyphrases for keyphrase ranking. We evaluate our proposed methods on a large Twitter data set. Experiments show that these methods are very effective for topical keyphrase extraction.

Getting To Global Yes! Designing A Distributed Student Collaboration, Selma Limam Mansar, Randy Weinberg, Benjamin Kok Siew Gan

Research Collection School Of Computing and Information Systems

The authors have taught a course called 'Global Project Management' for four years, engaging students in three international locations in hands-on distance projects. The distance projects are intended to provide students with enriching, realistic global project experience. With experience, improved planning and better coordination, each iteration of the distance projects has improved. In this paper, the authors present lessons learned and a mind map demonstrating key aspects of design of global hands-on projects.

Real-Time Trip Information Service For A Large Taxi Fleet, Rajesh Krishna Balan, Nguyen Xuan Khoa, Lingxiao Jiang

Research Collection School Of Computing and Information Systems

In this paper, we describe the design, analysis, implementation, and operational deployment of a real-time trip information system that provides passengers with the expected fare and trip duration of the taxi ride they are planning to take. This system was built in cooperation with a taxi operator that operates more than 15,000 taxis in Singapore. We first describe the overall system design and then explain the efficient algorithms used to achieve our predictions based on up to 21 months of historical data consisting of approximately 250 million paid taxi trips. We then describe various optimisations (involving region sizes, amount of …

A Presence Of The Past: The Legal Protection Of Singapore’S Archaeological Heritage, Jack Tsen-Ta Lee

Research Collection Yong Pung How School Of Law

Singapore is not well known for its archaeological heritage. In fact, chance finds in the early 20th century and systematic archaeological excavations since the 1980s conducted at sites around the Singapore River have unearthed artefacts shedding light on the island’s early history. In addition, the value of archaeology for a deeper knowledge of Singapore’s British colonial past is increasingly being recognized. Nonetheless, Singapore law provides only a rudimentary framework to facilitate archaeological investigations and protect cultural artefacts. This article considers how the National Heritage Board Act (Cap 196A, 1994 Rev Ed), the Planning Act (Cap 232, 1998 Rev Ed), and …

Getting To Know Social Media Analytics, Tin Seong Kam

Research Collection School Of Computing and Information Systems

Over the last five years, the unprecedented development and use of social mediating technologies such as blog, wiki, Facebook, and Tweeter have engendered radically new ways of working, playing, and creating meaning, leaving an indelible mark on nearly every domain imaginable. Despite the growing ubiquity of social mediating technologies, their potential has hardly been tapped. Effectively using data collected from social mediating technologies by the business community is far from trivial. This is mainly due to the general lack of awareness on Social Network Analysis (SNA) techniques and technologies among the business analysts and practitioners. This presentation aims to provide …

Oral History Interview With Tony Tan Keng Yam: Conceptualising Smu, Tony Keng Yam Tan

Oral History Collection

The interview covered: higher education landscape, setting up SMU, naming a new university, different university, admission criteria, student interaction, first graduation ceremony, future of university education.

Biography:

Patron, SMU, 2011–present
Visionary and architect of SMU

Dr Tony Tan Keng Yam steered the development of university education in Singapore and was instrumental in the creation of Singapore Management University. Involved in higher education in Singapore for over three decades, he served as education minister (1980–1981 and 1985–1991), vice-chancellor of the National University of Singapore (1980–1981), and was appointed deputy prime minister of Singapore (1995–2005). He is credited with restructuring Singapore’s educational …

Customer Satisfaction Index Of Singapore 2011: Q1 Results, Institute Of Service Excellence, Smu

Research Collection Institute of Service Excellence (2007-2024)

The Customer Satisfaction Index of Singapore (CSISG), currently in its fifth year of measurement, is an indicator of the quality of goods and services produced in the Singapore economy. CSISG complements production-based measures such as Gross Domestic Product (GDP) by providing an assessment from the buyers’ point of view. Both types of measures are necessary as economic growth hinges not only on producing more, but producing better products and services.

Smu Launches Llm (Master Of Laws) Programme, Singapore Management University

SMU Press Releases and News

No abstract provided.

Impact Of Sanctions And Isolation Measurement With North Korea, Burma/Myanmar, Iran And Zimbabwe As Case Studies, Clara Portela

Research Collection School of Social Sciences

The present study explores how the introduction of targeted sanctions has transformed the practice of international organisations, looking at the examples of North Korea, Burma/Myanmar, Iran and Zimbabwe.

Although the ultimate effectiveness of the individual sanctions measures can hardly be ascertained, not least due to their co-existence with unilateral sanctions proactively enforced by the US, the analysis demonstrates that the character of sanctions measures, and the changing nature of the international system, has put the use of sanctions and isolation measures in different terms than was the case just a couple of decades ago.

While it is beyond the scope …

Singapore Apex Court Lays Down Clear Framework For Arbitrability Of Insolvency-Related Claims, Darius Chan

Research Collection Yong Pung How School Of Law

No abstract provided.

Innovation And Commoditization: Prioritizing And Profiling Asian Managers’ Cross-Border Sourcing Practices, Sudhindra Seshadri

Research Collection Lee Kong Chian School Of Business

The paper investigates several sourcing practices and argues that two main behavioral constructs, supply commoditization and supply innovation, underlie many of these practices. It then develops hypotheses involving these constructs and company profiling ratios such as revenue per employee. The paper reports on survey research with a subset of ASEAN country based purchasing managers; on new scales. The results contribute to a growing literature on dynamic customer value in business markets and sourcing competencies. The paper also discusses managerial implications for sales targeting and sales approaches arising from the model.

Different Means To The Same End: A Comparative Contingency Analyses Of Singapore And China’S Management Of The Severe Acute Respiratory Syndrome (Sars) Crisis, Yan Jin, Augustine Pang, Glen T. Cameron

Research Collection Lee Kong Chian School Of Business

For months in 2003, the world lay under siege by a strain of virus that masqueraded as pneumonia but inflicted a far more lethal effect. By all accounts, the mystery of how the severe respiratory acute syndrome (SARS) virus came to be has remained largely unsolved (Bradsher & Altman 2003). What began as routine fever and cough in a Chinese physician, later identified as a super-carrier, rapidly spread to people who had cursory contacts with him, spiralling into a worldwide crisis that spanned Asia and the North Americas (Rosenthal 2003).

Shareholder Heterogeneity And Conflicting Goals: Strategic Investments In The Japanese Electronics Industry, Asli M. Colpan, Toru Yoshikawa, Takashi Hikino, Ester B. Del Brio

Research Collection Lee Kong Chian School Of Business

This article investigates the effects of the changing institutional environment on strategic orientations of Japanese electronics firms during the 1990s. We examine the effects of three different types of shareholders on strategic directions of their invested firms. The first one, foreign portfolio investors, characterizes the emerging influence that pressed for change in corporate strategies. The two domestic shareholders, corporate investors and financial institutions, represent the conventional forces for continuity. Between the two domestic forces, though, while corporate investors attempted to maintain status quo, financial institutions have shifted towards market-oriented behaviour of investment. Specifically, we explore: (1) the influence of each …

New Cabinet Will Have Its Work Cut Out, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

Eugene Tan, asst professor of law at SMU writes a commentary about how the PAP Government will have to renew trust with the people.

Key Issues That Have Not Been Addressed, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

The last nine days of hustings period have provided for a most engaging electoral campaign in recent memory. There seems to be a nascent but growing political consciousness and Singaporeans are not shy to express their political inclinations and loyalties.

A New, Post-Lee Kuan Yew Era, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

Eugene Tan, asst prof of law at SMU writes a commentary on Minister mentor Lee Kuan Yew's departure and how it reinforces the belief that the Singapore systems is based on institutions, not personalities.

The Delicate (And Mammoth) Task Of Managing Expectations, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

Assistant professor of law Eugene Tan comments on the need to manage the expectations of Singaporeans in the new political landscape.

Post Election, Let The Healing Begin, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

Assistant professor of law Eugene Tan notes in his commentary that a more complex global environment, a rapidly changing Singapore and the challenges it faces will require political parties and Singaporeans alike to mature politically so that Singapore's politics will not limit its potential as a nation.

The Pursuit Of Success: Can Status Aspirations Negatively Affect Body Satisfaction?, April R. Smith, Norman P. Li, Thomas E. Joiner

Research Collection School of Social Sciences

The aim of the current study was to investigate whether weight and success interact to produce body dissatisfaction and disordered eating behaviors. To accomplish this aim, participants viewed pictures and read descriptions of women who varied in weight and career success. Participants who were high on status aspiration reported greater body dissatisfaction and ineffectiveness after being exposed to thin, successful women than did the participants who were low on status aspiration. Status aspiring participants, however, did not report greater drive for thinness, maturity fears, or bulimic symptoms. It is hoped that these findings will shed light on ways career women …

Pirates And Traders: Some Economics Of Pirate-Infested Seas, Brishti Guha, Ashok S. Guha

Research Collection School Of Economics

Even where all agents are risk-neutral, merchants can insure themselves against piracy. Such self-insurance is surprisingly invulnerable to moral hazard. Further, there exist a patrolling intensity and/or penalties for captured pirates which, along with mercantile self-insurance, could eliminate piracy.

Wp Chen's Criticizing Policy That Benefited Him, Augustine H. H. Tan

Research Collection School Of Economics

Mr Chen Show Mao of the Workers' Party lamented in his speech recently that wages in Singapore are not increasing as fast as the country's gross domestic product growth, highlighting that most of the growth went to corporate profits and wage income for top earners.

Dangerous To Draw Down Reserves, Augustine H. H. Tan

Research Collection School Of Economics

As at the end of last year, our official reserves stood at $288 billion compared to a gross domestic product of $304 billion and bank deposits (domestic bank units or DBU) of $781 billion. In the event of a financial meltdown, the reserves would be far too small to bail out our banks. During the recent global financial crisis I was very anxious for Singapore when the Monetary Authority of Singapore announced a guarantee (until end last year) for all our DBU deposits of up to $150 billion.