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Articles 6601 - 6630 of 8025

Full-Text Articles in Social and Behavioral Sciences

Exporting Expertise: Singapore’S Gambits In The Middle East, Caroline Yeoh, Wilfred Pow Ngee How Jun 2009

Exporting Expertise: Singapore’S Gambits In The Middle East, Caroline Yeoh, Wilfred Pow Ngee How

Research Collection Lee Kong Chian School Of Business

Singapore’s regionalization stratagem points increasingly towards the influence of both the sociopolitical environment and the economics of competition, in a business environment with an ever-growing number of competitors; to the extent that other forces, particularly political ones, are often sidelined. A more in-depth study of the above two influences is best performed in a context comparatively free of the implicit complex political facets but with sufficiently rich environments to challenge internationalizing firms, and distinct influences to draw pertinent conclusions from. For this purpose, the continually expanding business environments and the unique cultures of the Middle East provide the perfect context …

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Technology, Unilateral Commitments And Cumulative Emissions Reduction, Shurojit Chatterji, Sayantan Ghosal Jun 2009

Technology, Unilateral Commitments And Cumulative Emissions Reduction, Shurojit Chatterji, Sayantan Ghosal

Research Collection School Of Economics

In this article, we argue that weak property rights over transnational pollution and the limited threat of retaliatory punishments blunts the effectiveness of a broad-based multilateral agreement to deliver the emission reductions required to mitigate climate change. Instead, we propose a policy framework that builds on unilateral commitments, endogenous innovation and technology transfer that could lead to cumulative emissions reduction by altering the participation constraints of nations over time.

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Econometric Theory And Practice, Peter C. B. Phillips Jun 2009

Econometric Theory And Practice, Peter C. B. Phillips

Research Collection School Of Economics

Econometrics has been evolving as a discipline over the last decade in a way that has successfully brought theory and practice much closer together. Many of the developments are associated with laptop computing, the increasing availability of electronic databases, and the convenience of modern econometric software and matrix programming languages. The changes that have occurred affect us at every level as teachers, researchers, practitioners, readers, reviewers, and authors. No journal can stand still in the face of such changes. This editorial speaks to these changes and the way they impact our subject, our authors, and our readership.

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Promoting Nonprofit Organisations' It Enablement In Singapore, Projjal Ghatak, Guillaume Sachet, Jared Tham May 2009

Promoting Nonprofit Organisations' It Enablement In Singapore, Projjal Ghatak, Guillaume Sachet, Jared Tham

Lien Centre for Social Innovation: Research

The non profit landscape in Singapore is large and diverse, consisting of more than 1,800 registered charities and more than 500 approved Institutions of a Public Character (IPCs). These organisations vary in size from less than $100,000 in annual receipts to those with over $10 million in receipts. They also operate in over 10 sectors ranging from religion to education to sports. NPOs could consider the following four common models for enabling and deploying IT: In-sourcing; Outsourcing; Shared Services; Software as a Service (SaaS). Overcoming the challenges and capturing the opportunities can allow Singapore to increase the automation of the …

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How Emerging Giants Are Rewriting The Rules Of M&A, Nirmalya Kumar May 2009

How Emerging Giants Are Rewriting The Rules Of M&A, Nirmalya Kumar

Research Collection Lee Kong Chian School Of Business

While Western companies struggle with mergers and acquisitions, emerging giants like Indian aluminum producer Hindalco are using M&A as their main globalization strategy. That's partly because developing economies grew at near double-digit rates in the past 15 years, enabling many enterprises to make acquisitions. It's also because, according to the author's research, those corporations create more value from takeovers. To compete, Western multinationals should change their mind-set and shift the locus of their M&A efforts to regional headquarters in developing countries.U.S. and European companies, inhibited by slow-growing home markets, acquire rivals primarily to become bigger and thus create economies of …

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Hype My Stock: Do Firms Really Want Biased Research?, Roger Loh May 2009

Hype My Stock: Do Firms Really Want Biased Research?, Roger Loh

Research Collection Lee Kong Chian School Of Business

Analyst research is alleged to be biased because of conflicts of interest when analysts’ employers underwrite securities for the firms covered. I posit that affiliated analyst optimism should be the strongest for offering firms with a desire to over-inflate stock prices. I hypothesize that a firm’s corporate governance and its CEO incentives are related to the affiliation bias. Using stock recommendations data, I find evidence that the affiliation bias is indeed more pervasive for firms with high CEO wealth sensitivity to stock price (i.e., high CEO delta). The larger affiliation bias for high delta firms remains even after the introduction …

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Using High-Frequency Transaction Data To Estimate The Probability Of Informed Trading, Anthony S. Tay, Christopher Ting, Yiu Kuen Tse, Mitchell Warachka May 2009

Using High-Frequency Transaction Data To Estimate The Probability Of Informed Trading, Anthony S. Tay, Christopher Ting, Yiu Kuen Tse, Mitchell Warachka

Research Collection School Of Economics

This paper applies the asymmetric autoregressive conditional duration (AACD) model of Bauwens and Giot (2003) to estimate the probability of informed trading (PIN) using irregularly spaced transaction data. We model trade direction (buy versus sell orders) and the duration between trades jointly. Unlike the Easley, Hvidkjaer, and O'Hara (2002) approach, which uses the aggregate numbers of daily buy and sell orders to estimate PIN, our methodology allows for interactions between consecutive buy-sell orders and accounts for the duration between trades and the volume of trade. We extend the Easley–Hvidkjaer–O'Hara framework by allowing the probabilities of good news and bad news …

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A Paradox Of Inconsistent Parametric And Consistent Nonparametric Regression, Peter C. B. Phillips, Liangjun Su May 2009

A Paradox Of Inconsistent Parametric And Consistent Nonparametric Regression, Peter C. B. Phillips, Liangjun Su

Research Collection School Of Economics

This paper explores a paradox discovered in recent work by Phillips and Su (2009). That paper gave an example in which nonparametric regression is consistent whereas parametric regression is inconsistent even when the true regression functional form is known and used in regression. This appears to be a paradox, as knowing the true functional form should not in general be detrimental in regression. In the present case, local regression methods turn out to have a distinct advantage because of endogeneity in the regressor. The paradox arises because additional correct information is not necessarily advantageous when information is incomplete. In the …

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Nonparametric Structural Estimation Via Continuous Location Shifts In An Endogenous Regressor, Peter C. B. Phillips, Liangjun Su May 2009

Nonparametric Structural Estimation Via Continuous Location Shifts In An Endogenous Regressor, Peter C. B. Phillips, Liangjun Su

Research Collection School Of Economics

Recent work by Wang and Phillips (2009b, c) has shown that ill posed inverse problems do not arise in nonstationary nonparametric regression and there is no need for nonparametric instrumental variable estimation. Instead, simple Nadaraya Watson nonparametric estimation of a (possibly nonlinear) cointegrating regression equation is consistent with a limiting (mixed) normal distribution irrespective of the endogeneity in the regressor, near integration as well as integration in the regressor, and serial dependence in the regression equation. The present paper shows that some closely related results apply in the case of structural nonparametric regression with independent data when there are continuous …

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Payroll Taxes, Wealth And Employment In Neoclassical Theory: Neutrality Or Non-Neutrality?, Hian Teck Hoon May 2009

Payroll Taxes, Wealth And Employment In Neoclassical Theory: Neutrality Or Non-Neutrality?, Hian Teck Hoon

Research Collection School Of Economics

The theoretical proposition that temporarily below-normal tax rates on labor this year, when merged with the prospect of reversion to normal rates next year, will encourage households to squeeze more work into this year and to work less in future years is well-founded. This proposition was recently tested anew on Icelandic data and performed well empirically (Bianchi, Gudmundsson and Zoega (2001)). But would a permanent cut in tax rates on labor encourage more work permanently—with no diminution of effectiveness? Conversely, does a permanent increase in tax rates on labor cause a permanent decline in hours worked?

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Schisms In Humanitarianism: The Khmer Rouge Tribunal's First Hearing, Mahdev Mohan May 2009

Schisms In Humanitarianism: The Khmer Rouge Tribunal's First Hearing, Mahdev Mohan

Research Collection Yong Pung How School Of Law

Mass atrocity invokes humanitarian impulses in all of us. But when a genocidaire casts himself as a victim, the right response is less straightforward. This article analyzes a recent hearing of one of Cambodia's most feared Khmer Rouge cadres who stands trial before a newly established hybrid tribunal and suggests the consequences of responding to war crime trials with polemics rather than principle.

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The Role Of Abortion In Explaining Ethnic Fertility Differentials In Vietnam, Bussarawan Teerawichitchainan, Sajeda Amin May 2009

The Role Of Abortion In Explaining Ethnic Fertility Differentials In Vietnam, Bussarawan Teerawichitchainan, Sajeda Amin

Research Collection School of Social Sciences

Until recently, Vietnam had the highest abortion rate in Asia. Abortion–mostly provided by the government—is believed to have contributed significantly to the country’s remarkable fertility decline over the last three decades. Despite the overall fertility decline, fertility rates vary across Vietnam’s 54 ethnic groups. The majority Vietnamese and ethnic Chinese, who together account for 85% of Vietnam’s total population, have total fertility rates below the replacement level. Meanwhile, other ethnic minority groups such as Dao and Hmong, who are disproportionately poor and live in remote, isolated areas, have the total fertility of 3.6 and 7.1 respectively. Analyzing the 1999 Census …

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Smu Establishes New Centre For Dispute Resolution, Singapore Management University Apr 2009

Smu Establishes New Centre For Dispute Resolution, Singapore Management University

SMU Press Releases

No abstract provided.

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Limit Theory For Cointegrated Systems With Moderately Integrated And Moderately Explosive Regressors, Tassos Magdalinos, Peter C. B. Phillips Apr 2009

Limit Theory For Cointegrated Systems With Moderately Integrated And Moderately Explosive Regressors, Tassos Magdalinos, Peter C. B. Phillips

Research Collection School Of Economics

An asymptotic theory is developed for multivariate regression in cointegrated systems whose variables are moderately integrated or moderately explosive in the sense that they have autoregressive roots of the form rho(ni) = 1 + c(i)/n(alpha), involving moderate deviations from unity when alpha is an element of (0, 1) and c(i) is an element of R are constant parameters. When the data are moderately integrated in the stationary direction (with c(i) < 0), it is shown that least squares regression is consistent and asymptotically normal but suffers from significant bias, related to simultaneous equations bias. In the moderately explosive case (where c(i) > 0) the limit theory is mixed normal with Cauchy-type tail behavior, and the rate of convergence is explosive, as in the case of a moderately explosive scalar autoregression (Phillips and …

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Guanxi Versus Networking: Distinctive Configurations Of Affect- And Cognition-Based Trust In The Networks Of Chinese And American Managers, Roy Y. J. Chua, Michael W. Morris, Paul Ingram Apr 2009

Guanxi Versus Networking: Distinctive Configurations Of Affect- And Cognition-Based Trust In The Networks Of Chinese And American Managers, Roy Y. J. Chua, Michael W. Morris, Paul Ingram

Research Collection Lee Kong Chian School Of Business

This research investigates hypotheses about differences between Chinese and American managers in the configuration of trusting relationships within their professional networks. Consistent with hypotheses about Chinese familial collectivism, an egocentric network survey found that affect- and cognition-based trust were more intertwined for Chinese than for American managers. In addition, the effect of economic exchange on affect-based trust was more positive for Chinese than for Americans, whereas the effect of friendship was more positive for Americans than for Chinese. Finally, the extent to which a given relationship was highly embedded in ties to third parties increased cognition-based trust for Chinese but …

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Measurement Equivalence Of Paper-And-Pencil And Internet Organisational Surveys: A Large Scale Examination In 16 Countries, Alain De Beuckelaer, Filip Lievens Apr 2009

Measurement Equivalence Of Paper-And-Pencil And Internet Organisational Surveys: A Large Scale Examination In 16 Countries, Alain De Beuckelaer, Filip Lievens

Research Collection Lee Kong Chian School Of Business

In multinational surveys, mixed-mode administration modes (e.g. combining Internet and paper-and-pencil administration) are increasingly used. To date, no studies have investigated whether measurement equivalence exists between Internet data collection and data collection using the conventional paper-and-pencil method in organisational surveys which include a large number of countries. This paper examined the measurement equivalence of a truly global organisational survey across Internet and paper-and-pencil survey administrations. Data from an organisational survey in 16 countries (N = 52,461) across the globe were used to assess the measurement equivalence of an organisational climate measure within each country in which the survey was administered. …

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Customer Satisfaction Index Of Singapore: Executive Summary 2008, Institute Of Service Excellence, Smu Apr 2009

Customer Satisfaction Index Of Singapore: Executive Summary 2008, Institute Of Service Excellence, Smu

Research Collection Institute of Service Excellence (2007-2024)

The Institute of Service Excellence at Singapore Management University (ISES) was appointed by the Singapore Workforce Development Agency (WDA) to implement and maintain an annual benchmark for the services sectors in Singapore. The Customer Satisfaction Index of Singapore (CSISG) was first launched in April 2008 based on data collected from a nationwide survey conducted in 2007. In this second year, the results of CSISG 2008 were derived from the survey data gathered between November 2008 and January 2009.

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(In-)Coherence In Eu Foreign Policy: Exploring Sources And Remedies, Clara Portela, Kolja Raube Apr 2009

(In-)Coherence In Eu Foreign Policy: Exploring Sources And Remedies, Clara Portela, Kolja Raube

Research Collection School of Social Sciences

How does the EU deal with incoherence and coherence? In this paper we try to answer this research question in order to draw conclusions on the specific nature of the EU as a foreign policy actor. We define coherence and incoherence in EU foreign policy as our dependent variable in a first step. Coherence is understood as a principle guiding foreign policies in the EU as well as other international actors. Effectiveness is crucially linked to the principle of coherence, not only in the EU. However, the way in which the principle of coherence is implemented differs in ideal type …

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Treating Words As Data With Error: Uncertainty In Text Statements Of Policy Positions, Kenneth Benoit, Michael Laver, Slava Mikhaylov Apr 2009

Treating Words As Data With Error: Uncertainty In Text Statements Of Policy Positions, Kenneth Benoit, Michael Laver, Slava Mikhaylov

Research Collection School of Social Sciences

Political text offers extraordinary potential as a source of information about the policy positions of political actors. Despite recent advances in computational text analysis, human interpretative coding of text remains an important source of text-based data, ultimately required to validate more automatic techniques. The profession's main source of cross-national, time-series data on party policy positions comes from the human interpretative coding of party manifestos by the Comparative Manifesto Project (CMP). Despite widespread use of these data, the uncertainty associated with each point estimate has never been available, undermining the value of the dataset as a scientific resource. We propose a …

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Explaining Incivility In The Workplace: The Effects Of Personality And Culture, Wu Liu, Shu-Cheng Chi, Ray Friedman, Ming-Hong Tsai Apr 2009

Explaining Incivility In The Workplace: The Effects Of Personality And Culture, Wu Liu, Shu-Cheng Chi, Ray Friedman, Ming-Hong Tsai

Research Collection School of Social Sciences

This study examines individual and cultural antecedents of incivility in the workplace, using a sample of MBAs and EMBAs from Taiwan and the United States. We predicted that individual achievement orientation would enhance incivility, based on Dollard’s frustration aggression hypothesis, and that those who were higher in direct conflict self-efficacy (i.e., beliefs in one's skills in managing direct conflict) would be higher in incivility. These predictions were supported. We also predicted, and found, that collectivism orientation constrains these main effects, so that for those high in collectivism, the impact of achievement orientation and direct conflict self-efficacy is weak or nonexistent. …

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Aware “Must Stay Secular”, Tan K. B. Eugene Apr 2009

Aware “Must Stay Secular”, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

Singapore would be all the poorer if secular organisations become fair game for advocacy and activism that are motivated primarily by faith-based beliefs and convictions, says assistant professor of law Eugene Tan.

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The Strategies Of Chinese And Indian Software Multinationals: Implications For Internationalization Theory, Jorge Niosi, F. Ted Tschang Apr 2009

The Strategies Of Chinese And Indian Software Multinationals: Implications For Internationalization Theory, Jorge Niosi, F. Ted Tschang

Research Collection Lee Kong Chian School Of Business

China and India are emerging as major entrants into the international software industry. Both are rapidly learning through outsourcing with multinational enterprises (MNEs) from advanced nations, yet their paths to this dynamic sector are very different. Chinese software firms have focused on their domestic market by working with foreign MNEs, while they move cautiously abroad. Indian firms, which are already large, continue to expand overseas as well as to climb the value chain. Different approaches to MNEs provide useful perspectives. At the same time, the innovation systems approach is necessary to explain the foundations of the industry. The article provides …

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Limit Theory For Dating The Origination And Collapse Of Mildly Explosive Periods In Time Series Data, Jun Yu, Peter C. B. Phillips Apr 2009

Limit Theory For Dating The Origination And Collapse Of Mildly Explosive Periods In Time Series Data, Jun Yu, Peter C. B. Phillips

Research Collection School Of Economics

Some limit theory is developed for estimators suggested in Phillips, Wu and Yu (2009) for dating bubble pheonoma in time series data. The models involve mildly explosive autoregressions and the tests rely on right sided recursive unit root tests. The estimates locate the origination and collapse dates of bubbles involving mildly explosive episodes set within longer periods where the data evolve as a stochastic trend. The dating estimators are shown to be consistent under mild regularity conditions on the process. Some simulation evidence on the performance of the estimators is reported. The proposed method works well in finite samples and …

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New Graduate Law Degree Programme Launched At Smu, Singapore Management University Mar 2009

New Graduate Law Degree Programme Launched At Smu, Singapore Management University

SMU Press Releases

No abstract provided.

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Information Literacy Debated At University Of Malaya, Charlotte Gill, Rajendra Munoo Mar 2009

Information Literacy Debated At University Of Malaya, Charlotte Gill, Rajendra Munoo

Research Collection Library

The International Conference on Libraries, Information and Society, ICoLIS 2008, 17-20 November, Kuala Lumpur, celebrating Information Literacy (IL) and now in its second year, is an annual event organised by the Library and Information Science Unit, Faculty of Computer Science & Information Technology, University of Malaya and the University of Malaya Library. The theme for ICoLIS 2008 was Towards an Information Literate Society.

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Has Vietnam’S Economic Progress Bypassed Its Ethnic Minorities?, Knowledge@Smu Mar 2009

Has Vietnam’S Economic Progress Bypassed Its Ethnic Minorities?, Knowledge@Smu

Knowledge@SMU

In Vietnam, young people account for about one-third of the country’s 85 million population, a historic peak for this age group. While previously with the Population Council in Vietnam, sociology professor at the Singapore Management University (SMU), Bussarawan Teerawichitchainan, conducted studies of ethnic minority youths as well as health-seeking behavioural practices of minority parents with children less than five years. The findings raised concerns that the benefits of the country’s rapid progress as well as improvements in living and health standards have not filtered through to those living in the remote areas.

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Singapore Management University And Students Of The Late Artist Chua Ek Kay Remember Him, Singapore Management University Mar 2009

Singapore Management University And Students Of The Late Artist Chua Ek Kay Remember Him, Singapore Management University

SMU Press Releases

No abstract provided.

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Misaligned Incentives And Mortgage Lending In Asia, Richard Green, Roberto S. Mariano, Andrey Pavlov, Susan Wachter Mar 2009

Misaligned Incentives And Mortgage Lending In Asia, Richard Green, Roberto S. Mariano, Andrey Pavlov, Susan Wachter

Research Collection School Of Economics

This paper provides a conceptual basis for the price discovery potential for tradable market instruments and specifically the development of mortgage securitization in Asia and the potential dangers of such markets. Nonetheless we argue for the potential importance of securitization in Asia because of its possible role in increasing transparency of the financial sector of Asian economies. We put forth a model explaining how misaligned incentives can lead to bank generated real estate crashes and macroeconomic instability, with or without securitization under certain circumstances. We examine the banking sector’s performance in Asia compared to securitized real estate returns, to provide …

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Final Stage Development Of The Integrated Crisis Mapping (Icm) Model In Crisis Communication: The Myth Of Low Engagement In Crisis, A. Pang, Yan Jin, Glen T. Cameron Mar 2009

Final Stage Development Of The Integrated Crisis Mapping (Icm) Model In Crisis Communication: The Myth Of Low Engagement In Crisis, A. Pang, Yan Jin, Glen T. Cameron

Research Collection Lee Kong Chian School Of Business

Extending current theories in crisis communication, the authors have developed a more systemic approach to understanding the role of emotions. The Integrated Crisis Mapping (ICM) model is based on a public-based, emotion-driven perspective where different crises are mapped on two continua, the organization’s engagement in the crisis and primary public’s coping strategy. This final-stage testing, representing the sixth in the series, found that even though organizations need not be highly engaged in crises relating to human resource, transport failure and security issues, they were galvanized to engage in action-based stance by situational factors like external threats. The fact that the …

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India Unleashed, Nirmalya Kumar Mar 2009

India Unleashed, Nirmalya Kumar

Research Collection Lee Kong Chian School Of Business

Corporations in the developed world increasingly see India as a high-growth market and its companies as acquirers of their assets, global competitors, partners for enhancing the competitiveness of their global value chain and a source of new energy and dreams for the world economy. How did this all happen? The author shares the essence of what he learned from 10 trips to India to interview more than 30 CEOs and top executives who are unleashing the new global power of Indian firms.

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