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Full-Text Articles in International and Area Studies

Deconstruction Of A Dialogue: Creative Interpretation In Comparative Philosophy, Steven Burik Jan 2023

Deconstruction Of A Dialogue: Creative Interpretation In Comparative Philosophy, Steven Burik

Research Collection School of Social Sciences

It is common knowledge that Martin Heidegger’s attempts at engaging non-Western philosophy are very much a construct of his own making. This article in no way seeks to disagree with those observations, but argues two things: first, that Heidegger’s “dialogue” with his two main other sources of inspiration, the ancient Greek thinkers and the German poets, is not different in kind or in principle from his engagement with East Asia. One can of course quite easily argue that Heidegger’s main interest was the ancient Greek thinkers, and then the poets, and only lastly Asia. But this hierarchy in preference does …


The Demands Of (Dis)Placement, The Micro-Aggressions Of Multiculturalism: Performing An Idea Of "Indianness" In Singapore, Orlando Woods, Lily Kong Jan 2023

The Demands Of (Dis)Placement, The Micro-Aggressions Of Multiculturalism: Performing An Idea Of "Indianness" In Singapore, Orlando Woods, Lily Kong

Research Collection School of Social Sciences

This paper explores the ways in which state-defined discourses of multiculturalism can unintentionally create a framework through which micro-aggressions are enacted against those interpreted as “other”. These definitions cascade down from the state to majority and then minority ethno- national groups, who leverage positions of relative dominance to establish the terms of acceptance and integration into society. By negotiating these terms, ethnicity becomes a performative construct through which difference is asserted and reified. We illustrate these ideas through an empirical analysis of Singapore’s minority Indian community, and how Singaporean Indians perform an idea of “Indianness” in response to their Singaporean …


China’S Global Strategy As Science Fiction, William A. Callahan Jan 2023

China’S Global Strategy As Science Fiction, William A. Callahan

Research Collection School of Social Sciences

Xi Jinping is leading China in a new direction, but how are we to understand the PRC’s global strategy? To understand domestic and international politics in most countries, we would look for clues in authoritative sources—leaders’ speeches, official documents and statistics, elite interviews and essays, and public opinion surveys. In the 2000s this method worked well to probe Chinese politics. But since civil society and independent thought have been severely restricted over the past decade under Xi, it’s necessary to go beyond such “factual” sources. To understand China’s global strategy, it’s best to read fiction, especially Chinese science fiction.


Employer Branding In The Healthcare Sector: The Role Of Instrumental And Symbolic Image Attributes Among Potential Applicants And Doctors, Jiaxin Luo, Aristides I. Ferreira, Filip Lievens, Beatriz R. Trigo Jan 2023

Employer Branding In The Healthcare Sector: The Role Of Instrumental And Symbolic Image Attributes Among Potential Applicants And Doctors, Jiaxin Luo, Aristides I. Ferreira, Filip Lievens, Beatriz R. Trigo

Research Collection Lee Kong Chian School Of Business

This study draws from the instrumental-symbolic framework to analyze the employer image of public hospitals among final-year students and employed doctors. We examine the relative importance of perceived instrumental and symbolic employer image attributes in public hospitals in China among two groups of individuals (211 final-year students and 200 currently employed doctors). Both instrumental and symbolic attributes are significantly related to hospitals' attractiveness as an employer. Symbolic trait inferences explain incremental variance in employer attraction beyond instrumental attributes. Although both attributes explain similar portions of the variance in the two groups, the attributes that emerge as significantly related to hospitals' …


Design Education As A Catalyst For Innovation: A Case Study From Singapore, Tamas Makany, Nur Hidayah Abu Bakar, Cheaw Hwei Low Jan 2023

Design Education As A Catalyst For Innovation: A Case Study From Singapore, Tamas Makany, Nur Hidayah Abu Bakar, Cheaw Hwei Low

Research Collection Lee Kong Chian School Of Business

This case study presents some of the critical milestones of design education in Singapore. We begin with a brief overview of the 50-year history of design’s central role in Singapore’s nation-building, culminating in the Design 2025 Masterplan and the formation of the Design Education Advisory Committee (DEAC), a roadmap and an approach to shape the future of design education while nurturing a culture of innovation with a societal focus. The case study then outlines two recent prototypes: (1) Cross-IHL Learning Bootcamps and (2) Seamless Career Pathway - both fostering a strong connection between academic institutions and the design industry. Finally, …


Neighborhood Retail Amenities And Taxi Trip Behavior: A Natural Experiment In Singapore, Kwan Ok Lee, Shih-Fen Cheng Jan 2023

Neighborhood Retail Amenities And Taxi Trip Behavior: A Natural Experiment In Singapore, Kwan Ok Lee, Shih-Fen Cheng

Research Collection School Of Computing and Information Systems

While a small change in land use planning in existing neighborhoods may significantly reduce private vehicle trips, we do not have a great understanding of the magnitude of the project- and shock-based causal change in travel behaviors, especially for the retail purpose. We analyze the impact of newly developed malls on the retail trip behavior of nearby residents for shopping, dining or services. Using the difference-in-differences approach and big data from a major taxi company in Singapore, we find that households residing within 800 m from a new mall are significantly less likely to take taxis to other retail destinations …


Covid-19 And Investor-State Disputes: Have The Stars Aligned For Mediation?, Mark Mclaughlin Jan 2023

Covid-19 And Investor-State Disputes: Have The Stars Aligned For Mediation?, Mark Mclaughlin

Research Collection Yong Pung How School Of Law

In response to the global pandemic, governments have compelled the production of ventilators, limited service provision to “essential” goods, suspended bills for electricity, gas and water, and implemented price and export controls. Regulatory measures have consciously inhibited economic activity and disrupted investment interests. Inevitably, foreign investors are among those adversely affected by measures directed towards the containment of COVID-19. Since the first bilateral investment treaty (“BIT”) was concluded in 1959, international investment agreements (“IIAs”) have served as derogations to the general international law principle that States have absolute discretion to restrict and regulate foreign investors within their territories.2 As such, …


Personal Service Companies And The Tax Avoidance Surcharge In Singapore, Vincent Ooi, Ben Chester Cheong Jan 2023

Personal Service Companies And The Tax Avoidance Surcharge In Singapore, Vincent Ooi, Ben Chester Cheong

Research Collection Yong Pung How School Of Law

Incorporation of personal service companies provide tax and non-tax advantages. With the introduction of a tax avoidance surcharge in Singapore, incorporation for non-tax advantages risks additional “tax costs” if challenged by the revenue authorities, introducing uncertainty and litigation costs. Instead of relying on a GAAR, targeted measures should restrict tax advantages to the first company incorporated by each individual taxpayer.


R&D Subsidies In Permissive And Restrictive Environment: Evidence From Korea, Yumi Koh, Gea M. Lee Jan 2023

R&D Subsidies In Permissive And Restrictive Environment: Evidence From Korea, Yumi Koh, Gea M. Lee

Research Collection School Of Economics

This paper investigates the extent to which a regulatory environment for R&D subsidies shapes the magnitude and direction of R&D subsidies set by a government and consequent innovation paths. When the WTO adopted a permissive regulatory environment, we find that the Korean government increased R&D subsidies significantly (89.21%) and selectively so for firms and industries with higher returns. Recipient firms conducted less basic research and more development research. Improvements in innovations were mostly incremental and minor. However, such changes did not persist once the WTO switched to a restrictive regulatory environment. Our findings show that the regulatory environment imposed by …


‘We Are People Of The Islands’: Translocal Belonging Among The Ethnic Chinese Of The Riau Islands, Charlotte Setijadi Jan 2023

‘We Are People Of The Islands’: Translocal Belonging Among The Ethnic Chinese Of The Riau Islands, Charlotte Setijadi

Research Collection School of Social Sciences

The Riau Islands Chinese are an anomaly in the study of Chinese Indonesians. For one, while many of their ethnic Chinese counterparts in other parts of Indonesia can no longer speak Chinese due to the New Order regime’s assimilation policy, Chinese languages are alive and well in the Riau Islands. Based on ethnographic fieldwork conducted in 2017–2018, this paper seeks to understand the Riau Islands Chinese’s cultural resilience and sense of belonging as a borderland ethnic minority. I argue that long-standing inter-Island and cross-border mobilities and cultural flows with Singapore have been central to the maintenance of Riau Islands Chinese …


The Demands Of Displacement, The Micro-Aggressions Of Multiculturalism: Performing An Idea Of "Indianness" In Singapore, Orlando Woods, Lily Kong Jan 2023

The Demands Of Displacement, The Micro-Aggressions Of Multiculturalism: Performing An Idea Of "Indianness" In Singapore, Orlando Woods, Lily Kong

Research Collection College of Integrative Studies

This paper explores the ways in which state-defined discourses of multiculturalism can unintentionally create a framework through which micro-aggressions are enacted against those interpreted as "other". These definitions cascade down from the state to majority and then minority ethno-national groups, who leverage positions of relative dominance to establish the terms of acceptance and integration into society. By negotiating these terms, ethnicity becomes a performative construct through which difference is asserted and reified. We illustrate these ideas through an empirical analysis of Singapore's minority Indian community, and how Singaporean Indians perform an idea of "Indianness" in response to their Singaporean Chinese …


Covid-19 Stress And Cognitive Failures In Daily Life: A Multilevel Examination Of Within- And Between-Persons Patterns, Nadyanna M. Majeed, K. T. A. Sandeeshwara Kasturiratna, Mingyao Li, Jonathan L. Chia, Verity Y. Q. Lua, Andree Hartanto Jan 2023

Covid-19 Stress And Cognitive Failures In Daily Life: A Multilevel Examination Of Within- And Between-Persons Patterns, Nadyanna M. Majeed, K. T. A. Sandeeshwara Kasturiratna, Mingyao Li, Jonathan L. Chia, Verity Y. Q. Lua, Andree Hartanto

Research Collection School of Social Sciences

The COVID-19 pandemic has claimed an extremely high number of lives worldwide, causing widespread panic and stress. The current research examined whether COVID-19 stress was associated with everyday cognitive failures, using data from a seven-day daily diary study of 253 young adults in Singapore. Multilevel modeling revealed that COVID-19 stress was significantly associated with cognitive failures even after adjusting for demographic factors, both at the within-person and between-persons levels. Specifically, individuals experienced more cognitive failures on days they experienced more COVID-19 stress (as compared to their own average levels of COVID-19 stress), and individuals who experienced more COVID-19 stress overall …


The Political Ecology Of Death: Chinese Religion And The Affective Tensions Of Secularised Burial Rituals In Singapore, Quan Gao, Orlando Woods, Lily Kong Jan 2023

The Political Ecology Of Death: Chinese Religion And The Affective Tensions Of Secularised Burial Rituals In Singapore, Quan Gao, Orlando Woods, Lily Kong

Research Collection School of Social Sciences

This paper explores the political ecology of death and the affective tensions of secularised burial rituals in Singapore. Although scholars have recently acknowledged the roles of biopower and affect in shaping environmental politics, religion and death as socio-affective forces have not been substantively engaged with by political ecologists. We argue that death is inherently both a spiritual and ecological phenomenon, as it exposes not only the spiritual geographies that structure how people see the natural world, but also the affective tensions and struggles over what counts as a “proper” form of burial in relation to religion and nature. First, we …


Hawker Culture And Its Infrastructure: Experiences And Contestations In Everyday Life, Lily Kong, Aidan Wong Jan 2023

Hawker Culture And Its Infrastructure: Experiences And Contestations In Everyday Life, Lily Kong, Aidan Wong

Research Collection College of Integrative Studies

Hawker foods characterize urban Asia, with similarities and differences across cities that forge both cultural commonalities and distinctions. From the itinerant to the fixed location, from the temporary sites to the purpose-built, hawker foods are served in informal settings, with varying degrees of tradition and innovation, hygiene and squalidness, local authenticity and globalized influence. In the side-streets of Beijing where local delicacies such as scorpion are served, to the abundant food cart vendors on Bangkok streets, to the warung (small, typically family-owned eateries) in Surabaya, and the carefully planned and designed hawker centres in Singapore, hawker culture is a distinctive …


Lee Kong Chian School Of Business Year In Review 2021-2022, Singapore Management University Dec 2022

Lee Kong Chian School Of Business Year In Review 2021-2022, Singapore Management University

SMU Corporate Reports

As Singapore and the world reopens, this has led to changes, especially as people feel safe to travel abroad again. This has impacted us of course. We have seen an 8.9 percent drop in undergraduate applications from our 2022 high. This decline is due in no small part to the relaxation of travel restrictions. However, despite the drop, the quality of applications this year is similar or maybe even slightly better than the year before. In the end, we matriculated 884 students, above our target. This includes 38 scholarship recipients who accepted our offer, representing a record yield. We have …


Singapore Management University Report To Stakeholders 2021/2022, Singapore Management University Dec 2022

Singapore Management University Report To Stakeholders 2021/2022, Singapore Management University

Report to Stakeholders

The title of the annual report, “Our Evolving Garden”, points to how the University continues to develop and progress as “One SMU”. With the world now learning to live with COVID-19 as endemic, the last year has been one in which SMU students have been able to resume many of the activities that contribute towards providing a transformative education. For example, they were able to attend many more events on campus and to travel overseas for internships, exchanges, and community service projects. Faculty too were able to attend academic conferences and meet with educational partners, business connections and research associates …


Crash Severity Analysis And Risk Factors Identification Based On An Alternate Data Source: A Case Study Of Developing Country, Hanif Bhuiyan, Jinat Ara, Khan Md. Hasib, Md Imran Hossain Sourav, Faria Benta Karim, Cecilia Sik-Lanyi, Guido Governatori, Andry Rakotnirainy, Shansunnahar Yasmin Dec 2022

Crash Severity Analysis And Risk Factors Identification Based On An Alternate Data Source: A Case Study Of Developing Country, Hanif Bhuiyan, Jinat Ara, Khan Md. Hasib, Md Imran Hossain Sourav, Faria Benta Karim, Cecilia Sik-Lanyi, Guido Governatori, Andry Rakotnirainy, Shansunnahar Yasmin

Centre for Computational Law (2022-2025)

Road traffic injuries are one of the primary reasons for death, especially in developing countries like Bangladesh. Safety in land transport is one of the major concerns for road safety authorities and other policymakers. For this reason, contributory factors identification associated with crashes is necessary for reducing road crashes and ensuring transportation safety. This paper presents an analytical approach to identifying significant contributing factors of Bangladesh road crashes by evaluating the road crash data, considering three different severity levels (non-fetal, severe, and extremely severe). Generally, official crash databases are compiled from police-reported crash records. Though the official datasets are focusing …


False Promise To Marry And Other Forms Of Sex By Deception In India And Singapore, Wing Cheong Chan Dec 2022

False Promise To Marry And Other Forms Of Sex By Deception In India And Singapore, Wing Cheong Chan

Research Collection Yong Pung How School Of Law

Dishonesty is unfortunately a sad fact of life in human relationships. When a woman is duped by a man intohaving sex by lies and deception, what should the response of the criminal law be? Is it rape or just a game of seduction or something in between? This article sets out and evaluates the different approaches taken by India and Singapore in cases of sex by deception. It suggests that the approach adopted in Singapore could be a model for criminal law reform in this contentious area.


Singlish Checker: A Tool For Understanding And Analysing An English Creole Language, Lee-Hsun Hsieh, Nam Chew Chua, Agus Trisnajaya Kwee, Pei-Chi Lo, Yang-Yin Lee, Ee-Peng Lim Dec 2022

Singlish Checker: A Tool For Understanding And Analysing An English Creole Language, Lee-Hsun Hsieh, Nam Chew Chua, Agus Trisnajaya Kwee, Pei-Chi Lo, Yang-Yin Lee, Ee-Peng Lim

Research Collection School Of Computing and Information Systems

As English is a widely used language in many countries of different cultures, variants of English also known as English creoles have also been created. Singlish is one such English creole used by people in Singapore. Nevertheless, unlike English, Singlish is not taught in schools nor encouraged to be used in formal communications. Hence, it remains to be a low resource language with a lack of up-to-date Singlish word dictionary and computational tools to analyse the language. In this paper, we therefore propose Singlish Checker, a tool that is able to help detecting Singlish text, Singlish words and phrases. To …


Toxic Effect Of Fear Of Losing Out On Self-Esteem: A Moderated Mediation Model Of Conformity And Need For Cognitive Closure In Singapore, Sheila Xi Rui Wee, Chi-Ying Cheng, Haelim Choi, Ciping Goh Dec 2022

Toxic Effect Of Fear Of Losing Out On Self-Esteem: A Moderated Mediation Model Of Conformity And Need For Cognitive Closure In Singapore, Sheila Xi Rui Wee, Chi-Ying Cheng, Haelim Choi, Ciping Goh

Research Collection School of Social Sciences

Kiasu (fear of losing out, FoLO) is considered the single most defining adjective that captures Singapore identity, and it is well-observed in other Asian cultures as well. Despite the widespread endorsement of kiasu in Singapore, there is limited empirical research on the theoretical conception of kiasu as a psychological construct. To empirically investigate kiasu, we validated the construct and measurement of the FoLO mindset in Study 1. In Study 2, we hypothesized and found a negative association between FoLO and Singaporeans’ self-esteem, which was mediated by a higher tendency of conformity. In addition, we hypothesized and found that individuals’ need …


The Search For Spices And Souls: Catholic Missions As Colonial State In The Philippines, Dean C. Dulay Dec 2022

The Search For Spices And Souls: Catholic Missions As Colonial State In The Philippines, Dean C. Dulay

Research Collection School of Social Sciences

A growing literature posits that colonial Christian missions brought schooling to the colonies, improving human capital in ways that persist to this day. But in some places they did much more. This paper argues that colonial Catholic missions in the Philippines functioned as state-builders, establishing law and order and building fiscal and infrastructural capacities in territories they controlled. The mission-as-state was the result of a bargain between the Catholic missions and the Spanish colonial government: missionaries converted the population and engaged in state-building, whereas the colonial government reaped the benefits of state expansion while staying in the capital. Exposure to …


America's 'Chinese Problem' In Southeast Asia And The Emergence Of The Domino Theory [Come Tessere Del Domino: Il Pericolo Comunista E La “Questione Cinese” Nel Sud-Est Asiatico Negli Anni Cinquanta], Wen-Qing (Wei Wenqing) Ngoei, Raimondo (Translator) Neironi Dec 2022

America's 'Chinese Problem' In Southeast Asia And The Emergence Of The Domino Theory [Come Tessere Del Domino: Il Pericolo Comunista E La “Questione Cinese” Nel Sud-Est Asiatico Negli Anni Cinquanta], Wen-Qing (Wei Wenqing) Ngoei, Raimondo (Translator) Neironi

Research Collection College of Integrative Studies

This essay traces how race thinking in US foreign policy, combined with war memories of Japanese imperialism in Southeast Asia, shaped American strategy toward the region and the rise of the domino theory in US Cold War ideas.


Choreographing Neutrality: Dance In Cambodia’S Cold War Diplomacy In Asia, 1953-1970, Darlene Machell Espena Dec 2022

Choreographing Neutrality: Dance In Cambodia’S Cold War Diplomacy In Asia, 1953-1970, Darlene Machell Espena

Research Collection School of Social Sciences

This article examines the role of dance in Cambodia’s Cold War diplomacy in Asia from 1953 up until the establishment of the Khmer Republic in 1970. It explores how Sihanouk leveraged Cambodian dances to enact Cambodia’s neutral stance during the Cold War and forge cordial relations with other Asian states. Through an examination of the myriad of dance performances of the Royal Ballet and other Khmer dance troupes within the context of Cambodia’s diplomatic relations in Asia, this paper demonstrates how dance afforded a space for Inter-Asia referencing amidst the Cold War tension in the region. Premised on an interdisciplinary …


The Impact Of Having Foreign Domestic Workers On Informal Caregivers Of Persons With Dementia: Findings From A Multi-Method Research In Singapore, Qi Yuan, Yunjue Zhang, Ellaisha Samari, Anitha Jeyagurunathan, Tee Hng Tan, Fiona Devi, Peizhi Wang, Harish Magadi, Richard Goveas, Li Ling Ng, Mythily Subramaniam Dec 2022

The Impact Of Having Foreign Domestic Workers On Informal Caregivers Of Persons With Dementia: Findings From A Multi-Method Research In Singapore, Qi Yuan, Yunjue Zhang, Ellaisha Samari, Anitha Jeyagurunathan, Tee Hng Tan, Fiona Devi, Peizhi Wang, Harish Magadi, Richard Goveas, Li Ling Ng, Mythily Subramaniam

Research Collection School of Social Sciences

Background: Informal caregivers of persons with dementia (PWDs) sometimes engage foreign domestic workers (FDWs) to support their caregiving journey. However, there has not been much research to establish if this is really beneficial. The current study aims to investigate whether engaging FDWs specifically for caregiving of PWDs truly moderates caregiver stress and to explore caregivers’ experiences of engaging FDWs. Methods: A multi-method study design with a quantitative and qualitative sub-study was adopted. For the quantitative sub-study, 282 informal caregivers of PWDs were recruited. Propensity score matching analysis was used. For the qualitative sub-study, 15 informal caregivers with FDWs were interviewed. …


How Do Filipinos Remember Their History? A Descriptive Account Of Filipino Historical Memory, Dean C. Dulay, Allen Hicken, Anil Menon, Ronald Holmes Dec 2022

How Do Filipinos Remember Their History? A Descriptive Account Of Filipino Historical Memory, Dean C. Dulay, Allen Hicken, Anil Menon, Ronald Holmes

Research Collection School of Social Sciences

How do Filipinos remember their history? To date this question still has no systematic answer. This article provides quantitative, descriptive results from two nationally representative surveys that show how Filipinos view three of the country's major historical events: the Spanish colonization of the Philippines; martial law under President Ferdinand Marcos; and the 1986 People Power Revolution. The descriptive results include several takeaways, including: first, the modal response towards all three events was indifference (versus positive or negative feelings); second, positive feelings towards martial law were highest among those who were alive at that time; third, the distribution of feelings towards …


Mind The Gaps: Assessing And Enhancing The Trustworthiness Of Mental Health Apps, Gary Kok Yew Chan Dec 2022

Mind The Gaps: Assessing And Enhancing The Trustworthiness Of Mental Health Apps, Gary Kok Yew Chan

Research Collection Yong Pung How School Of Law

Mental health apps including artificial intelligence (“AI”)- powered apps and chatbots have raised serious concerns relating to safety, efficacy and privacy. This article assesses their trustworthiness based on lego-regulatory, ethical and technological measures in addressing the abovementioned concerns. Focusing on applications to mental health apps, it examines Singapore laws, regulations and guidelines relating to software-based and AI medical devices, data protection, consumer protection, advertising and medical negligence. Additionally, upon taking into account other non-binding ethical guidelines, certification standards and technological measures targeted at app developers, a few recommendations are offered for enhancing trust in mental health apps.


Shaping New Interregionalism: The Eu-Singapore Free Trade Agreement And Beyond, Pasha L. Hsieh Dec 2022

Shaping New Interregionalism: The Eu-Singapore Free Trade Agreement And Beyond, Pasha L. Hsieh

Research Collection Yong Pung How School Of Law

The article examines the theoretical concept of interregionalism in the context of the evolving framework between the European Union (EU) and the Association of Southeast Asian Nations (ASEAN). As the EU's first free trade agreement (FTA) with an ASEAN country, the EU-Singapore FTA is a pathfinder agreement that signifies a new phase of interregionalism and the EU's new Asia strategy after the Treaty of Lisbon. The article argues that the innovative designs of the EU-Singapore FTA will shape the normative development of EU-ASEAN relations in the post-pandemic era. It also cautions that a comparative analysis of EU and US agreements …


Resulting And Constructive Trusts In The Contemporary Singaporean Family Context, Man Yip Dec 2022

Resulting And Constructive Trusts In The Contemporary Singaporean Family Context, Man Yip

Research Collection Yong Pung How School Of Law

The legal rules that emerge in a society are shaped by the conditions of that society. In the area of trusts law, this chapter argues that the English principles of the presumed resulting trust and the common intention constructive trust have been adapted to suit the Singaporean family context. At first sight, given that Singapore law has declined to follow the Stack v Dowden line of developments that have taken place in English law concerning beneficial ownership of family property, it may appear that Singapore trusts law is more conservative and that pre-Stack English law is better preserved on Singapore …


Identifying Knowledge Spillovers From Universities: Quasi-Experimental Evidence From Urban China, Li Jing, Shimeng Liu, Yifan Wu Dec 2022

Identifying Knowledge Spillovers From Universities: Quasi-Experimental Evidence From Urban China, Li Jing, Shimeng Liu, Yifan Wu

Research Collection School Of Economics

This paper studies the impact of universities on local innovation activity by exploiting a unique university expansion policy in China as a quasi-experiment. We take a geographic approach, empowered by geocoded data on patents and new products at the address level, to identify knowledge spillovers as an important channel. We obtain three main findings. First, university expansion significantly increases universities’ own innovation capacity, which results in a dramatic boom of local industry patents. Second, the impact of university expansion on local innovation activities attenuates sharply within 2 kilometers of the universities. Third, university expansion boosts nearby firms’ new products and …


The Value Of Fiduciary Duties: Evidence From En Bloc Sales In Singapore, Jianfeng Hu, Kelvin F. K. Low, Wei Zhang Dec 2022

The Value Of Fiduciary Duties: Evidence From En Bloc Sales In Singapore, Jianfeng Hu, Kelvin F. K. Low, Wei Zhang

Research Collection Lee Kong Chian School Of Business

This paper examines the impact of fiduciary duties on collective asset sales in the case of owners acting as delegates for other owners, thereby potentially inducing conflicts of interests. Our identification strategy exploits a unique legal shock in Singapore, which established fiduciary duties in those transactions in the real estate market known colloquially as en bloc sales. The imposition of fiduciary duties caused the price premium of units sold via en bloc sales to increase over units ineligible for en bloc sale, as well as over units that, although eligible for en bloc sale, are sold individually. In addition, this …