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Full-Text Articles in International and Area Studies

The Ccp At 100: Can It Lead China To Be The Wave Of The Future?, Eugene K. B. Tan Jun 2021

The Ccp At 100: Can It Lead China To Be The Wave Of The Future?, Eugene K. B. Tan

Research Collection Yong Pung How School Of Law

The author discussed about the foremost geopolitical challenge China is facing as the Chinese Communist Party (CCP) marks its centenary on July 1. He pointed out that bilateral ties between US and China are patently lacking in trust, but believes both can find convergence and achieve mutual respect if determined efforts are channelled towards policies, institutions, norms, and cooperation that seek to incrementally enhance security and cooperation for both countries even as they robustly engage each other on the issues.

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Circuits Broken, Remade, And Newly Forged: Tracing Southeast Asia's Foreign Relations After The Vietnam War, Wen-Qing Ngoei Jun 2021

Circuits Broken, Remade, And Newly Forged: Tracing Southeast Asia's Foreign Relations After The Vietnam War, Wen-Qing Ngoei

Research Collection School of Social Sciences

This article (2021) in Diplomatic History's pandemic feature examines how the principles and consequences of Singapore's "circuit breaker" policy offers a conceptual framework for studying the history of Southeast Asia's foreign relations in the 1970s to 1990s. With this approach, the essay considers how a study of Southeast Asia's culture-makers (artists, writers, dramatists), their works and transnational circuits, may open a productive inquiry into a diverse array of regionalisms that compete and complement ASEAN.

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Against Political Equality: The Confucian Case Written By Bai Tongdong [Book Review], Sor-Hoon Tan Jun 2021

Against Political Equality: The Confucian Case Written By Bai Tongdong [Book Review], Sor-Hoon Tan

Research Collection School of Social Sciences

No abstract provided.

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The Pricing Of Initial Public Offering And Market Efficiency, Chiyachantana N. Chiraphol Jun 2021

The Pricing Of Initial Public Offering And Market Efficiency, Chiyachantana N. Chiraphol

Research Collection Lee Kong Chian School Of Business

This study investigates long-run performance of Thai initial public offerings (IPOs). To examine the longrun performance of Thai IPOs, we compute buy-and-hold abnormal returns and cumulative abnormal returns for two years after the IPOs. We find strong evidence of long run underpricing in Thai market. Specifically, the average buy-and-hold abnormal returns and cumulative abnormal returns are 64.5% and 18.4% respectively. However, our multi-variate analysis does not indicate a strong relation between long-run underperformance and firm-specific factors, such as firm size, firm age, investment banker reputation and firm profitability.

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Japanese Monetary Policy And Its Impact On Stock Market Implied Volatility During Pleasant And Unpleasant Weather, Marinela Adriana Finta Jun 2021

Japanese Monetary Policy And Its Impact On Stock Market Implied Volatility During Pleasant And Unpleasant Weather, Marinela Adriana Finta

Research Collection Lee Kong Chian School Of Business

We investigate the effect of Japan's Monetary Policy Meeting releases on the intraday dynamics of the Nikkei Stock Average Volatility Index and its futures during pleasant and unpleasant weather. We show that at the time of a monetary policy release when the temperature is pleasant, there is a significant decline in Japanese equities' implied volatility and futures, which lasts for about 10 min and 5 min, respectively. This decline is longer and exhibits a greater variation when releases occur during cold days. Finally, we emphasize the achievable economic profits and losses, given the reaction of Nikkei VI futures to the …

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Demanding Images: Democracy, Mediation, And The Image-Event In Indonesia By Karen Strassler, Colm A. Fox Jun 2021

Demanding Images: Democracy, Mediation, And The Image-Event In Indonesia By Karen Strassler, Colm A. Fox

Research Collection School of Social Sciences

Karen Strassler takes the reader on a roller-coaster ride through Indonesia’s turbulent democratic developments of recent years—including stages of disappointment, fear, and tragedy, but also periods of joy, hilarity, and hope. To set the scene, the book opens with a photo-essay montage of full-colour images

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High-Frequency Internet Survey Of A Probability Sample Of Older Singaporeans: The Singapore Life Panel, Rhema Vaithianathan, Bryce Hool, Michael D. Hurd, Susann Rohwedder Jun 2021

High-Frequency Internet Survey Of A Probability Sample Of Older Singaporeans: The Singapore Life Panel, Rhema Vaithianathan, Bryce Hool, Michael D. Hurd, Susann Rohwedder

Research Collection School Of Economics

Facing a rapidly ageing population, Singapore is presented with urgent policy challenges. Yet there is very little data on the economic, health and family circumstances of older Singaporeans. In response, the Centre for Research on the Economics of Ageing (CREA) at Singapore Management University has been collecting monthly data on a panel of Singaporeans aged between 50 and 70 years. We detail the methodology by which the Singapore Life Panel® (SLP) was constructed using a population-representative sampling frame from the Singapore Department of Statistics. Contact was made with 25,000 households through postal, phone and in-person canvassing. More than 15,200 respondents …

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What Is The Role Of Large Shareholders In Monitoring Corporate Performance?, Singapore Management University May 2021

What Is The Role Of Large Shareholders In Monitoring Corporate Performance?, Singapore Management University

Perspectives@SMU

Research in China suggests that increased stock liquidity provides large shareholders incentives to enhance monitoring activities and improve corporate governance

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A Case Study Of Singapore Management University Libraries: Adopting A Mixed Methods Approach Towards Collection Evaluation, Samantha Li Min Lim, Biddy Casselden May 2021

A Case Study Of Singapore Management University Libraries: Adopting A Mixed Methods Approach Towards Collection Evaluation, Samantha Li Min Lim, Biddy Casselden

Research Collection Library

With rising costs and limited resources, it has become increasingly important for academic libraries to make acquisition decisions prudently to build a collection that meets its users' learning, teaching, and research needs. As such, Singapore Management University's (“SMU”) Libraries use a patron-driven acquisitions process, whereby acquisition decisions are guided by users' needs and requests. This article seeks to investigate if the current patron-driven acquisitions approach adequately meets the research needs of SMU's users through a mixed methods approach. A collection analysis was first conducted on the SMU Libraries' publications' references from the years 2017 to 2018 using the Scopus database. …

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Studying Successful Ageing: A Showcase Of The Singapore Life Panel, Jee Yuen Yew, Jia Wei Gwee, Anirudh Srivathsan May 2021

Studying Successful Ageing: A Showcase Of The Singapore Life Panel, Jee Yuen Yew, Jia Wei Gwee, Anirudh Srivathsan

ROSA Research Briefs

In this special issue of the ROSA Research Brief Series, we showcase two aspects of the work being done at the Centre for Research on Successful Ageing (ROSA). Firstly, we showcase the capabilities of the Singapore Life Panel (SLP) and the data that the SLP is able to obtain and measure on a monthly basis. Secondly, we showcase the amazing work of the SGUnited Traineeship Programme’s Research Assistants at ROSA who have proven themselves to be incredible assets in helping further ROSA’s aims of enabling successful ageing in Singapore. ROSA aims to measure well-being among older adults holistically in order …

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A Smarter Way To Manage Mass Transit In A Smart City: Rail Network Management At Singapore’S Land Transport Authority, Steven M. Miller, Thomas H. Davenport May 2021

A Smarter Way To Manage Mass Transit In A Smart City: Rail Network Management At Singapore’S Land Transport Authority, Steven M. Miller, Thomas H. Davenport

Research Collection School Of Computing and Information Systems

There is no widely agreed upon definition of a supposed “Smart City.” Yet, when you see city employees — in this case city-state employees — working in what are obviously smarter ways, “you know it when you see it.” One such example of a smarter way to work in a smart city setting is the way that employees of the Land Transport Authority (LTA) in Singapore are using a new generation of data driven, AI-enabled support systems to manage the city’s urban rail network. We spoke to LTA officers Kong Wai, Ho (Director of Integrated Operations and Planning) and Chris …

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What And Whose Confucianism? Sinophone Communities And Dialogical Geopolitics, Quan Gao, Justin K. H. Tse, Orlando Woods May 2021

What And Whose Confucianism? Sinophone Communities And Dialogical Geopolitics, Quan Gao, Justin K. H. Tse, Orlando Woods

Research Collection School of Social Sciences

This commentary responds to An et al.’s (2020) article, ‘Towards a Confucian geopolitics’ by re-examining ‘the political’ of Confucianism and its contribution to fostering a cosmopolitan form of Confucian geopolitics. By taking note of the differences within and between Sinophone communities, we discuss the variegated forms of Confucianism, and their various geopolitical implications. In doing so, we call for re-theorising Confucian geopolitics as dialogical geopolitics that challenges the cultural and ideological basis of statist and Sino-centric geopolitics.

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The Strategic Approach To Internationalisation, Gordon Perchthold May 2021

The Strategic Approach To Internationalisation, Gordon Perchthold

Asian Management Insights

Asia is the global sweet spot for multinationals (MNCs) looking to generate revenue and, over the mid-term, sustained profits.

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Brand Singapore, Buck Song Koh May 2021

Brand Singapore, Buck Song Koh

Asian Management Insights

As the world gets a better grip on the Covid-19 pandemic, one outcome is becoming clear: Place branding— in particular, nation branding—is becoming more important than ever before.

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

Two Essays On Innovation And Growth In China, Qiugu He

Dissertations and Theses Collection (Open Access)

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

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

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

Dissertations and Theses Collection (Open Access)

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

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Politically Directed Accumulation In Rural China: The Making Of The Agrarian Capitalist Class And The New Agrarian Question Of Capital, Qian Forrest Zhang, Hongping Zeng May 2021

Politically Directed Accumulation In Rural China: The Making Of The Agrarian Capitalist Class And The New Agrarian Question Of Capital, Qian Forrest Zhang, Hongping Zeng

Research Collection School of Social Sciences

We study the formation of the agrarian capitalist class in the pig farming sector in a Chinese county. We propose a new framework for analyzing the dynamics of accumulation and class formation in agriculture that focuses on the role of the state and public resources. In what we call “politically directed accumulation,” local states in China, driven by a political logic of maximizing fiscal resources and improving performance record, select actors who either have accumulated non-agrarian capital or possess political capital to serve as their agents (political selection) and then capitalize their farming operations by transferring to them public resources …

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Politically Directed Accumulation In Rural China: The Making Of The Agrarian Capitalist Class And The New Agrarian Question Of Capital, Forrest Q. Zhang May 2021

Politically Directed Accumulation In Rural China: The Making Of The Agrarian Capitalist Class And The New Agrarian Question Of Capital, Forrest Q. Zhang

Research Collection School of Social Sciences

We study the formation of the agrarian capitalist class in the pig farming sector in a Chinese county. We propose a new framework for analyzing the dynamics of accumulation and class formation in agriculture that focuses on the role of the state and public resources. In what we call “politically directed accumulation,” local states in China, driven by a political logic of maximizing fiscal resources and improving performance record, select actors who either have accumulated non-agrarian capital or possess political capital to serve as their agents (political selection) and then capitalize their farming operations by transferring to them …

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Foreign Judgments: The Limits Of Transnational Issue Estoppel, Reciprocity, And Transnational Comity, Tiong Min Yeo May 2021

Foreign Judgments: The Limits Of Transnational Issue Estoppel, Reciprocity, And Transnational Comity, Tiong Min Yeo

Research Collection Yong Pung How School Of Law

In Merck Sharp & Dohme Corp v Merck KGaA [2021] SGCA 14, a full bench of the Singapore Court of Appeal addressed the limits of transnational issue estoppel in Singapore law, and flagged possible fundamental changes to the common law on the recognition and enforcement of foreign judgments in Singapore. The litigation involves multiple parties spread over different jurisdictions. The specific facts involved in the appeal are fairly straightforward, centring on what has been decided in a judgment from the English court, and whether it could be used to raise issue estoppel on the interpretation of a particular term of …

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Academic Leadership Qualities Towards Innovation Endeavours In An Organisation: A Comparative Study Of Malaysia And Singapore Perceptions, Cheng Sim Quah, Sandra Phek Lin Sim, Wee Liang Tan May 2021

Academic Leadership Qualities Towards Innovation Endeavours In An Organisation: A Comparative Study Of Malaysia And Singapore Perceptions, Cheng Sim Quah, Sandra Phek Lin Sim, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

This study employed mixed methods to explore the comparison between Malaysia and Singapore in terms of the contribution of leadership qualities and impacts towards innovation endeavours. Besides that, it also examined the significant relationship between leadership qualities and innovation endeavours in both countries. Findings revealed that operational focus and quality measurement qualities make the strongest unique contribution to explaining the variance, emphasising the importance of innovation. Findings also showed that innovation endeavours have promising impacts on Malaysia and Singapore university students towards enhancing, inspiring and motivating their learning, besides providing them a sense of self-improvement, self-motivation, self-satisfaction, self-efficiency and a …

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Honour Singapore’S National Pledge By Calling Out Racism, Siow-Heng Ong May 2021

Honour Singapore’S National Pledge By Calling Out Racism, Siow-Heng Ong

Research Collection Lee Kong Chian School Of Business

Our National Pledge, taken daily in school and every National Day, is a passionate vow against intolerance of race, language or religion, in pursuit of the common good. It is a covenant to keep, individually and communally. It is a reminder that chauvinistic behaviour is forbidden. To support our avowed aspiration, we have legal and social protocols such as those against sedition.

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Good Deeds Done In Silence: Stakeholder Management And Quiet Giving By Chinese Firms, Heli Wang, Ming Jia, Zhe Zhang May 2021

Good Deeds Done In Silence: Stakeholder Management And Quiet Giving By Chinese Firms, Heli Wang, Ming Jia, Zhe Zhang

Research Collection Lee Kong Chian School Of Business

We propose a new mechanism explaining why companies may remain silent about their positive corporate behaviors, such as socially responsible activities. We examine such strategic silence in the context of corporate philanthropy. Building on and extending the literature on legitimacy and stakeholder management, we argue that when a firm mistreats primary stakeholders, it is more likely to keep quiet about its philanthropic acts to avoid backlash from stakeholders. We also propose that long-term orientation among stakeholders mitigates the positive relationship between mistreating primary stakeholders and quiet giving, which allows stakeholders to appreciate the long-term value of corporate philanthropy. Data from …

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Singapore’S Special Insolvency Scheme For Small Companies, Vincent Ooi, Aurelio Gurrea-Martinez May 2021

Singapore’S Special Insolvency Scheme For Small Companies, Vincent Ooi, Aurelio Gurrea-Martinez

Research Collection Yong Pung How School Of Law

In this article, the authors examine a temporary program in Singapore to help micro and small businesses facing insolvency amid the COVID-19 crisis.

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The Response Of The Chinese Economy To The U.S.-China Trade War: 2018-2019, Pao-Li Chang, Kefang Yao, Fan Zheng May 2021

The Response Of The Chinese Economy To The U.S.-China Trade War: 2018-2019, Pao-Li Chang, Kefang Yao, Fan Zheng

Research Collection School Of Economics

In this paper, we follow the micro-to-macro approach of Fajgelbaum et al. (2020) and analyze the impacts of the 2018–2019 U.S.-China trade war on the Chinese economy. We use highly disaggregated trade and tariff data with monthly frequency to identify the demand/supply elasticities of Chinese imports/exports, combined with a general equilibrium model for the Chinese economy (that takes into account input-output linkages, and regional heterogeneity in employment and sector specialization) to quantify the partial and general equilibrium effects of the tariff war at the product/sector/region/aggregate levels. This complements the studies that focus on the ex post response of the U.S. …

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Singapore: Value Creating Elites Lead The World, Christine Henderson May 2021

Singapore: Value Creating Elites Lead The World, Christine Henderson

Research Collection School of Social Sciences

Singapore country scorecard for the 2021 Elite Quality Index (EQx2021), a global ranking of countries built on the notion of ‘elite quality’. Elite quality is a macro-level feature of the political economy that measures the value creation aggregate of all elite business models. Elites are dominant coalitions with the strongest capacity for coordination in societies and operate the highest impact business models. Elite business models can either create sustainable value or extract value from others, primarily from non-elites (i.e., through rent-seeking). Value creation activities include innovation, trade or production; value extraction includes barriers, discrimination or monopolies. The higher the value …

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The Changing Travel Habits Of Chinese Tourists, Singapore Management University Apr 2021

The Changing Travel Habits Of Chinese Tourists, Singapore Management University

Perspectives@SMU

The pandemic has forced an evolution in the travelling habits of Chinese tourists and businesses must adapt and innovate or be left behind, says CUHK expert

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

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

Dissertations and Theses Collection (Open Access)

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

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An Exploration Into Key Roles In Making Project-Based Learning Happen: Insights From A Case Study Of A University, Gary Pan, Poh Sun Seow, Shankararaman, Venky, Kevin Koh Apr 2021

An Exploration Into Key Roles In Making Project-Based Learning Happen: Insights From A Case Study Of A University, Gary Pan, Poh Sun Seow, Shankararaman, Venky, Kevin Koh

Research Collection School Of Accountancy

Purpose: One of the main obstacles facing project-based learning (PBL) adoption relates to a lack of understanding by teachers and students in the roles they are required to play in the learning process. This study aims to address this obstacle, so as to better promote regular adoption of PBL pedagogy in educational institutions. Design/methodology/approach: The strategy was to undertake an in-depth case study of PBL courses taught in UNI-X’s undergraduate curriculum. The case study approach is particularly appropriate for this exploratory study because it allows to capture the organizational dynamics of the phenomenon better and also its ability to explain …

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A New Structuring Option For Funds: The Singapore Variable Capital Company, Vincent Ooi Apr 2021

A New Structuring Option For Funds: The Singapore Variable Capital Company, Vincent Ooi

Research Collection Yong Pung How School Of Law

The Singapore Variable Capital Company (“VCC”) offers a new structuring option for funds. This article considers the features of the VCC in terms of structure, operational aspects and commercial considerations, against the backdrop of similar structures in the BVI and Labuan. It submits that, with statutory modifications, opportunities exist to use the VCC for insurance, captive insurance and family offices.

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Rural China Under The Covid‐19 Pandemic: Differentiated Impacts, Rural–Urban Inequality And Agro‐Industrialization, Qian Forrest Zhang, Zhanping Hu Apr 2021

Rural China Under The Covid‐19 Pandemic: Differentiated Impacts, Rural–Urban Inequality And Agro‐Industrialization, Qian Forrest Zhang, Zhanping Hu

Research Collection School of Social Sciences

We use field data collected in a village in northern China to examine the impacts of the COVID‐19 pandemic on rural economy and livelihoods. The lockdown effectively protected the village from the pandemic, resulting in zero infection. The economic impacts were mostly negative but differentiated across economic sectors and livelihood strategies; some gained from the business opportunities arising from the pandemic. Wage loss for migrant workers was the most common negative impact but lasted less than 2 months. Overall, rural China has escaped the worst impacts of the pandemic found in other developing countries. We argue that the structure of …

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