Open Access. Powered by Scholars. Published by Universities.®

International and Area Studies Commons™

Open Access. Powered by Scholars. Published by Universities.®

Singapore Management University

Discipline
Keyword
Publication Year
Publication
Publication Type
File Type

Articles 931 - 960 of 3695

Full-Text Articles in International and Area Studies

Japanese Monetary Policy And Its Impact On Stock Market Implied Volatility During Pleasant And Unpleasant Weather, Marinela Adriana Finta Mar 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 minutes and 5 minutes, 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 …

Go to article

Who Are The Most Inclined To Learn? Evidence From Chinese Multinationals' Internationalization In The European Union, Liang Chen, Yi Li, Di Fan Mar 2021

Who Are The Most Inclined To Learn? Evidence From Chinese Multinationals' Internationalization In The European Union, Liang Chen, Yi Li, Di Fan

Research Collection Lee Kong Chian School Of Business

While it is widely recognised that an asset-augmenting rather than asset-exploiting strategy drives emerging multinationals' (EMNEs) internationalization, current research focuses on the motivations behind knowledge seeking FDI. What remains less clear is why latecomer firms can engage in learning in advanced countries. Conjoining the "Linkage-Leverage-Learning (LLL)" framework and knowledge seeking literature, this study shows how Chinese investment in the European Union reveals the preconditions for foreign knowledge sourcing. We follow a set-theoretic approach, utilizing fuzzy-set qualitative comparative analysis (fsQCA), to identify equifinal configurations of linkage and leverage conditions leading to high learning propensity of EMNEs. Our analysis extends the LLL …

Go to article

The Use Of Hearsay In Criminal Proceedings: An Updated Framework, Siyuan Chen, Wen Min Chai, Yi Hang Lau Mar 2021

The Use Of Hearsay In Criminal Proceedings: An Updated Framework, Siyuan Chen, Wen Min Chai, Yi Hang Lau

Research Collection Yong Pung How School Of Law

When the Evidence Act was amended in 2012, significant changes were made to the provisions concerning hearsay to broaden the gateways of admissibility.

Go to article

Choice Of Law Governing A Contract Where Its Existence Is In Dispute: Clarifications From The Singapore International Commercial Court In Lew, Solomon V Kaikhushru Shiavax Nargolwala, Shou Yu Chong Mar 2021

Choice Of Law Governing A Contract Where Its Existence Is In Dispute: Clarifications From The Singapore International Commercial Court In Lew, Solomon V Kaikhushru Shiavax Nargolwala, Shou Yu Chong

Research Collection Yong Pung How School Of Law

The Singapore International Commercial Court’s judgment in Lew, Solomon v Kaikhushru Shiavax Nargolwala [2020] 3 SLR 61 is noteworthy as it heralds a modest development in Singapore private international law, especially in respect to the not uncommon issue of disputes over cross-border contracts where its existence is challenged. This case represents one of the handful of Singapore precedents which directly addresses the difficult conundrum where both the governing law and the existence of the underlying contract are in dispute. Under this context, it articulates a default choice of law position – the lex fori – where it is impossible to …

Go to article

Wto Reform: A China Round, Henry S. Gao Mar 2021

Wto Reform: A China Round, Henry S. Gao

Research Collection Yong Pung How School Of Law

Since its accession to the World Trade Organization (WTO), China's exports have been growing exponentially. In 2009, China became the world's top goods exporter. Four years later, China unseated the United States as the top trading nation in the world. In contrast to the burgeoning Chinese economy, the United States and Europe have been suffering from economic decline since the global financial crisis in 2008. China regards its rise as a long overdue restoration of its rightful position, as it has been the largest economy in the world for most of its history, except the brief aberration over the past …

Go to article

The Effects Of Income On Health: Evidence From Lottery Wins In Singapore, Seonghoon Kim, Kanghyock Koh Mar 2021

The Effects Of Income On Health: Evidence From Lottery Wins In Singapore, Seonghoon Kim, Kanghyock Koh

Research Collection School Of Economics

We estimate the causal effects of household income on self-reported health status by exploiting random variations in the amount of lottery prizes won. We find that a S$10,000 (US$7,245) increase in income via lottery wins improves individuals’ health by a standard deviation of 0.18. As possible mechanisms, we find that lottery wins increase household consumption spending and improve overall life satisfaction, but do not change healthcare spending, labor supply, and risky health behavior. Previous studies, which focused on the health effects of lottery prizes in Western European countries with strong social safety nets, do not find positive effects other than …

Go to article

Selling A Resume And Buying A Job: Stratification Of Gender And Occupation By States And Brokers In International Migration From Indonesia, Andy Scott Chang Mar 2021

Selling A Resume And Buying A Job: Stratification Of Gender And Occupation By States And Brokers In International Migration From Indonesia, Andy Scott Chang

Research Collection School of Social Sciences

This study examines how state and commercial actors construct gender, occupation, and nationality hierarchies in guest worker programs by comparing the migratory procedures for female domestic workers and male industrial operators from Indonesia. Based on 19 months of multi-sited ethnography and 86 interviews in Indonesia, Taiwan, and Singapore, I introduce the notion of multilateralism to theorize the stratification of global migration processes. In multilateral labor markets, governments, brokers, employers, and migrants in multiple countries contend for labor and employment. The homecare market is governed under the rubric of “selling a resume,” whereby Indonesian regulators and labor suppliers pass on recruitment …

Go to article

Singapore Airlines: Profit Recovery And Aircraft Allocation Models During The Covid-19 Pandemic, Michelle L. F. Cheong, Ulysses M. Z. Chong, Anne N. T. A. Nguyen, Su Yiin Ang, Gabriella P. Djojosaputro, Gordy Adiprasetyo, Kendra L. B. Gadong Mar 2021

Singapore Airlines: Profit Recovery And Aircraft Allocation Models During The Covid-19 Pandemic, Michelle L. F. Cheong, Ulysses M. Z. Chong, Anne N. T. A. Nguyen, Su Yiin Ang, Gabriella P. Djojosaputro, Gordy Adiprasetyo, Kendra L. B. Gadong

Research Collection School Of Computing and Information Systems

COVID-19 has severely impacted the global aviation industry, causing many airlines to downsize or exit the industry. For airlines which attempt to sustain their operations, they will need to respond to the increase in passenger and cargo demand, as countries recover slowly from the crisis due to the availability of vaccines. We built a series of spreadsheet models to first project the COVID-19 recovery rates by countries from 2021 to 2025, then forecast the passenger and cargo demand, using historical data as base figures. Using the financial and operation data, the revenue, expense, and profit can be projected, then an …

Go to article

Bersih And Democracy In Malaysia, Ying Hooi Khoo Feb 2021

Bersih And Democracy In Malaysia, Ying Hooi Khoo

Perspectives@SMU

The social movement’s eight demands might not all be met but its role goes beyond the articulated list

Go to article

Tackling Covid-19 In Thailand, Singapore Management University Feb 2021

Tackling Covid-19 In Thailand, Singapore Management University

Perspectives@SMU

How can the country balance the need to restart the economy and keeping another wave of infections at bay?

Go to article

Hong Kong Property Prices: Is There A 2047 Discount?, Singapore Management University Feb 2021

Hong Kong Property Prices: Is There A 2047 Discount?, Singapore Management University

Perspectives@SMU

Research looks at whether property prices in Hong Kong have been affected by the coming end of ‘one country, two systems’ governance arrangement in 2047

Go to article

Up Close And Personal With Smu President Prof Lily Kong, Lily Kong Feb 2021

Up Close And Personal With Smu President Prof Lily Kong, Lily Kong

Oral History Collection

On the occasion of SMU’s coming of age (21st anniversary), alumnus Terence Quek (MCM 2013) 'Zoomed' SMU President Professor Lily Kong, and through a host of questions discovered her leadership challenges, why she ran 248km, and how she plans to keep SMU “glowing”.The interview was published in the February 2021 edition of SMU CIRCLE.

Go to article

The Psychosocial Well-Being Of Older Adults In Covid-19 And The 'New Normal', Micah Tan, Paulin T. Straughan, William Tov, Grace Cheong, Wensi Lim Feb 2021

The Psychosocial Well-Being Of Older Adults In Covid-19 And The 'New Normal', Micah Tan, Paulin T. Straughan, William Tov, Grace Cheong, Wensi Lim

ROSA Research Briefs

Early research into COVID-19 has focused predominantly on the immediate and direct physical health effects of the pandemic, as compared to the wider, indirect effects of the pandemic on general well-being brought about by the various measures put in place to contain the virus. In terms of policies, focus has also been placed largely on containment and broad based policies for the entire population. As experts increasingly recognize that the pandemic will be a protracted event (The Straits Times, 2021), however, there is a need for stakeholders to place greater emphasis on the indirect effects of COVID-19 that will likely …

Go to article

Disruptive Technologies And Digital Transformation Of The Financial Services Industry In Singapore: Regulatory Framework And Challenges Ahead, Aurelio Gurrea-Martinez Feb 2021

Disruptive Technologies And Digital Transformation Of The Financial Services Industry In Singapore: Regulatory Framework And Challenges Ahead, Aurelio Gurrea-Martinez

Research Collection Yong Pung How School Of Law

This paper seeks to provide a general overview of the impact of new technologies in the financial services industry in Singapore. For that purpose, it starts by emphasizing that technology has always played an important role in the financial industry. However, new disruptive technologies, as well as the increasing use of data in the financial services industry, have created new challenges and opportunities for the financial sector. While Singapore has managed to address these challenges by adopting one of the quickest and most innovative and comprehensive responses probably observed internationally, financial markets –and particularly the fintech industry– are constantly evolving. …

Go to article

The Substation: How Many More Canaries In The Coal Mine?, Su Fern Hoe Feb 2021

The Substation: How Many More Canaries In The Coal Mine?, Su Fern Hoe

Research Collection School of Social Sciences

Since 1990, The Substation has been the sole occupant of the conserved building at 45 Armenian Street. Over the years, it has transformed the once-abandoned power station into Singapore’s first artist-led multi-disciplinary arts centre. However, in February 2021, The Substation was officially asked to vacate the building. Although the current situation facing The Substation is not new or unique, its impending fate is emblematic of, and raises deep questions about the progressively precarious and capricious conditions of arts practice in Singapore. This editorial highlights four underlying problems that we should be concerned with.

Go to article

Recommendations To Develop International Commercial Mediation In Singapore, Nadja Alexander Feb 2021

Recommendations To Develop International Commercial Mediation In Singapore, Nadja Alexander

Research Collection Yong Pung How School Of Law

In this post on the Kluwer Mediation Blog, the recommendations of a Working Group established in April 2013 by Singapore’s Chief Justice and the Ministry of Law to transform and develop its international commercial mediation sector are presented.

Go to article

The Role Of The Law Of Unjust Enrichment In Singapore, Hang Wu Tang Feb 2021

The Role Of The Law Of Unjust Enrichment In Singapore, Hang Wu Tang

Research Collection Yong Pung How School Of Law

Singapore's unjust enrichment law may be described as a form of adoption with adaptation from English law, which is indicative of two phenomena: first, the idea of law as a travelling phenomenon and, second, the development of law as a circulation of ideas. In Singapore, unjust enrichment is now accepted as a distinct branch of the law of obligations alongside tort and contract, providing relief to a plaintiff who has transferred an enrichment to the defendant in circumstances where the plaintiffs intent was vitiated. This vitiation of intent is expressed as an 'unjust factor'. While certain 'unjust factors' are regarded …

Go to article

Examining The Phenomenon Of Rounding In Analysts’ Eps Forecasts: Evidence From Singapore, Clarence Goh Feb 2021

Examining The Phenomenon Of Rounding In Analysts’ Eps Forecasts: Evidence From Singapore, Clarence Goh

Research Collection School Of Accountancy

Prior studies have documented the phenomenon of rounding of analysts' earnings per share (EPS) forecasts in the USA. From the outset, it is unclear if analysts following Singapore firms also similarly engage in the rounding of their EPS forecasts. This study aims to investigate the extent to which analysts engage in rounding of EPS forecasts of firms listed on the Singapore Exchange.

Go to article

Licence To Lock: The Overextension Of Technological Protection Measures, Vincent Ooi Feb 2021

Licence To Lock: The Overextension Of Technological Protection Measures, Vincent Ooi

Research Collection Yong Pung How School Of Law

As digital goods gain traction and technological advancements that enable and facilitate piracy develop, technological protection measures (‘TPMs’) have become indispensable tools for content-producers to safeguard their intellectual property (‘IP’) rights. Like other intellectual property laws, there is an inherent tension in TPM protection provisions between safeguarding the content-producers’ IP rights and the consumers’ collective legitimate right to access works. TPM protection may be overly broad in two major ways. Firstly, by an inefficacious transposition of the rights and authority requirements, which stems from Article 11 of the WIPO Copyright Treaty. Secondly, by an overly-broad protection of TPMs in domestic …

Go to article

Blowing Hot And Cold In Litigation: Abuse Of Process, Election Or Approbation And Reprobation? Bwg V Bwf [2020] Sgca 36, Dorcas Quek Anderson Feb 2021

Blowing Hot And Cold In Litigation: Abuse Of Process, Election Or Approbation And Reprobation? Bwg V Bwf [2020] Sgca 36, Dorcas Quek Anderson

Research Collection Yong Pung How School Of Law

This note analyses the Singapore Court of Appeal’s decision in BWG v BWF which allowed the adoption of inconsistent positions across related court proceedings against different parties. The decision raises crucial questions on the limits to be imposed on a party’s freedom to pursue opposing rights in litigation, and how the doctrines of abuse of process, election by waiver, and approbation and reprobation should be applied. It is argued that the court’s application of the abuse of process doctrine obscured the central exercise of assessing all the relevant interests and circumstances. The differing rationales underlying the common law doctrine of …

Go to article

Building Growth Enterprises In Singapore: Public-Private Partnership, Annie Koh, Esther Kong Feb 2021

Building Growth Enterprises In Singapore: Public-Private Partnership, Annie Koh, Esther Kong

Research Collection Lee Kong Chian School Of Business

This chapter traces the growth and development of Small Medium Enterprises (SMEs) from post-independent Singapore in 1965 to its current day digital transformation age. Singapore’s SME landscape has evolved from one of low wage, low productivity entrepot trade, to supporting multi-national corporations, and transforming into the innovative, digital and agile enterprises of today. The four main challenges faced by SMEs are in human capital, internationalisation, innovation and financing, and dependency on government policies are highlighted. Moving ahead, digitalisation, and building TIEs that bind leveraging on Trust, Innovation and Internationalisation, and Entrepreneurship, will be key to propel the nation and family …

Go to article

Enabling Singapore's Youths To Adapt In An Era Of Climate Change, Thomas Menkhoff, Mark Chong, Benjamin Gan Feb 2021

Enabling Singapore's Youths To Adapt In An Era Of Climate Change, Thomas Menkhoff, Mark Chong, Benjamin Gan

Research Collection Lee Kong Chian School Of Business

Nudging them towards more eco-friendly behavioural habits is arguably a feasible approach to build greater climate resilience.

Go to article

Financial Literacy And Financial Decision-Making At Older Ages, Joelle H. Fong, Seng Kee Benedict Koh, Olivia S. Mitchell, Susann Rohwedder Feb 2021

Financial Literacy And Financial Decision-Making At Older Ages, Joelle H. Fong, Seng Kee Benedict Koh, Olivia S. Mitchell, Susann Rohwedder

Research Collection Lee Kong Chian School Of Business

How well older households manage their wealth holdings is an important determinant of their financial security during retirement, yet little is known about their financial decision-making and how this relates to their financial literacy. Our paper fills this gap by measuring financial literacy among older persons in the Singapore Life Panel and examining its association with timely credit card debt repayment, stock market participation, and age-based investment risk diversification. Most older respondents understand interest compounding and inflation, but fewer than half know about risk diversification. Almost all older credit card holders pay off their balances in a timely manner, but …

Go to article

Trust And Retirement Preparedness: Evidence From Singapore, Benedict S. K. Koh, Olivia S. Mitchell, Joelle H. Fong Feb 2021

Trust And Retirement Preparedness: Evidence From Singapore, Benedict S. K. Koh, Olivia S. Mitchell, Joelle H. Fong

Research Collection Lee Kong Chian School Of Business

Trust is an essential component of any financial system, and distrust can undermine savings and economic growth. Our study draws on the Singapore Life Panel to assess how trust ties to older respondents’ (1) pension plan participation and withdrawals; (2) life, health, and long-term care insurance holdings; and (3) stock market engagement. We show that the widely-used ‘trust in people’ question is uncorrelated with household behaviours related to retirement preparedness. Instead, trust in private and public financial representatives is positively associated with pension savings, investments, and insurance holdings. Financial literacy also plays an important and consistent role in retirement decision-making.

Go to article

Emergence Of Private Markets And Exchanges As An Alternative Source Of Financing For Small- And Medium-Sized Enterprises (Sme) In Singapore, Ser Keng Ang Feb 2021

Emergence Of Private Markets And Exchanges As An Alternative Source Of Financing For Small- And Medium-Sized Enterprises (Sme) In Singapore, Ser Keng Ang

Research Collection Lee Kong Chian School Of Business

Small- and Medium-sized Enterprises (SMEs) are the engine for growth for any economy, whether big or small and developed or emerging. In the US, small firms with less than 500 employee represent 99% of all employers, provide over 80% of net new jobs and account for about one-half of the national workforce. Singapore is no exception. Hence, the well-being of the SME sector in Singapore bears huge importance in the growth and development of its economy.In practice, financing of private companies, particularly small companies, is a challenge. In general, their small size makes private firms more susceptible to exogenous shocks. …

Go to article

Digitalising Endangered Cultural Heritage In Southeast Asian Cities: Preserving Or Replacing?, David Ocon Feb 2021

Digitalising Endangered Cultural Heritage In Southeast Asian Cities: Preserving Or Replacing?, David Ocon

Research Collection School of Social Sciences

In the last decade, the dramatic developments in digitalisation have reached cultural heritage. Digital archiving and reconstruction, virtual reality, and 3D laser scanning, modelling and printing, are influencing the way we consume, manage, and preserve it. As part of the latter, detailed virtual records of endangered urban cultural heritage, through digital archiving, capturing, and reconstruction techniques, can help preserve its memories and lengthen its life; particularly, once decision-makers resolve to end its tangibility. However, the application of digitalisation to cultural heritage is not always easy, faced with issues such as cost, lack of sources and skills, sustainability, and intellectual property …

Go to article

A Qualitative Evaluation Of Smu’S Peer Helpers Programme, Loon Beng Angela Koh, Michelle Lf Cheong Feb 2021

A Qualitative Evaluation Of Smu’S Peer Helpers Programme, Loon Beng Angela Koh, Michelle Lf Cheong

Research Collection School Of Computing and Information Systems

This study examines the impact of peer helper training in Singapore Management University (SMU) from personal interviews with 11 alumni peer helpers. The aims are to find a) new evidence of benefits and innovative practice that support peer helper learning, university life and employability and b) to enhance curriculum and training. All opinions in the sentiment analysis were positive. The content analysis revealed developing external partnerships, exploring certification and engaging in internationalisation to enhance curriculum, training and practice at the organisational level. At the programme level, the suggestions were to better relate peer helping to future readiness.

Go to article

The Substation: How Many More Canaries In The Coal Mine?, Su Fern Hoe Feb 2021

The Substation: How Many More Canaries In The Coal Mine?, Su Fern Hoe

Research Collection School of Social Sciences

Since 1990, The Substation has been the sole occupant of the conserved building at 45 Armenian Street. Over the years, it has transformed the once-abandoned power station into Singapore’s first artist-led multi-disciplinary arts centre. However, in February 2021, The Substation was officially asked to vacate the building. Although the current situation facing The Substation is not new or unique, its impending fate is emblematic of, and raises deep questions about the progressively precarious and capricious conditions of arts practice in Singapore. This editorial highlights four underlying problems that we should be concerned with.

Go to article

The Global Economy In 2021, Simon Baptist Jan 2021

The Global Economy In 2021, Simon Baptist

Perspectives@SMU

The Economist Intelligence Unit is keeping an eye on inflation despite expecting interest rates to stay near zero. But don’t expect COVID-19 to be gone anytime soon

Go to article

Lee Kong Chian School Of Business Year In Review 2019-2020, Singapore Management University Jan 2021

Lee Kong Chian School Of Business Year In Review 2019-2020, Singapore Management University

SMU Corporate Reports

We all knew that 2020 would be an extraordinary year for the Lee Kong Chian School of Business. It marks our 20th anniversary of our first entering cohort of undergraduates! What no one imagined was that this year would also be extraordinary because of the global pandemic. Despite it being a challenging year, it is safe to say that we have come through the first wave of the Covid-19 pandemic in reasonably good shape.

Go to article

First Prev Next Last