Close to 300 directors and top management attended the Launch of the Board Risk Committee Guide and ASEAN Corporate Governance Scorecard (ACGS) 2016 event organized by Singapore Institute of Directors (SID).
The ACGS is an initiative of the ASEAN Capital Markets Forum and the Asian Development Bank to create a common tool for assessing the corporate governance of publicly listed companies in the ASEAN countries. The participating countries are Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.
The 2015 ACGS results are based on companies’ disclosures on websites and annual reports with financial year end between 1 April 2014 and 31 March 2015.
Our 2015 Team
The Yashasai, short for the Asia-Pacific Business Schools Desert Adventure Challenge, invites MBA students from top business schools from the Asia-Pacific region. In 2015, our school participated in the race for the first time. Nine students from NUS joined MBA students from 52 schools from all over the world on a 60-km trek across the Tengri Desert, Mongolia, over the May holidays.
This is their photo-journey—in quotes and grunts—in between wiping off copious amounts of sweat and downing big gulps of water.
Three grueling days: We were out there for three days! On Day1, we walked 24km, on Day2 26km and finishing on Day3 with 10km. Continue reading
Legislative action drives up sustainability reporting. The positive impact by regulatory action becomes more obvious when there are higher levels of disclosure in indicators that require mandatory reporting, according to the Centre for Governance, Institutions and Organisations (CGIO).
This result was presented in a recent session where CGIO gave an update on its report on sustainability reporting to companies including ACCA, Capitaland, City Development Limited, Ernst and Young, Global Compact Network Singapore, Keppel Land, KPMG, Paia Consulting, Singtel and Suntory Beverage and Food Asia.
It was an illustrious list, a coming-of-age list: We congratulate Alumni Quek Siu Rui (BBA 2012) and Chan Yiwen (BBA 2014) on being included in the “Forbes 30 under 30” Asia list. The list highlights 300 of the top young leaders, entrepreneurs and influential figures from 10 different sectors in Asia. Well done!
We spoke to Siu Rui who was nominated under the “Consumer Tech” category.
From left: The Carousell trio: Marcus, Lucas and Siu Rui.
Siu Rui was nominated for his app Carousell which he co-founded with classmates Lucas Ngoo and Marcus Tan. Carousell is a community marketplace that lets users buy and sell everything from fashion, beauty products, furniture, art, books, branded goods, cars, bikes, antiques to houses.
The fifth Annual PhD Research Day gives our students from different levels and disciplines an opportunity to interact and exchange ideas for their research.
“It is a great opportunity for the students to showcase their research to the entire business school community. By exposing the students to a wider audience, they improve their work through feedback from diverse perspectives. Furthermore, the event inspires them to embark on fresh research ideas and encourage collaboration across departments,” said Sumit Agarwal, Vice-Dean (PhD and Research) and Low Tuck Kwong Professor.
At the heart of the event is the poster competition held in the MRB atrium where students (second year and above) get to present a visual summary of their research topic in a poster, including the methodology and key findings. Judged by a committee of six faculty members, the posters are assessed based on factors such as originality of the research and the ability to connect to a wider audience.
There are also morning sessions where nominated first-year students present their research works in various seminar rooms.
This year’s winners are:
Department of Accounting: 1st prize: Pei Sha & Hu Xiaoli; 2nd prize: Ma Jiameng; 3rd Price: Guan Xinjiao
Department of Decision Sciences: 1st prize: Lyu Guodong; 2nd prize: Tang Qinshen; 3rd Price: Chen Zhi
Department of Finance: 1st prize: Zhang Jian; 2nd prize: Zou Qiqi; 3rd Price: Zhang Changhao
Department of Marketing: 1st prize: Yang Zheshuai; 2nd prize: Xu Xiaoyan; 3rd Price: Jia Miaolei
Department of Management & Organisation: 1st prize: Sherry Aw; 2nd prize: Liu Yukun; 3rd Price: Gabriel Henry Jacob
Department of Strategy & Policy: 1st prize: Xiao Fenglong; 2nd prize: Tan Hongbin; 3rd Price: Hu Tianyou and Siddharth Natarajan
Congratulations to our undergraduates who won the CFA Institute Research Challenge Singapore Round 2016. They defeated teams from SMU, NTU, SIM University, SIM Global, SIT and Yale-NUS.
The team comprising, (from left to right) Toh Zhen Zhou, Yeo Sui Chuan, Sarah Long, Lim Wei Quan Jenson and Wang Wei Long Bryan, also clinched the Best Research Report Award.
Held annually since 2007, the competition is organised by CFA Institute, a global association of finance professionals. Our school has been dominating the Research Challenge Singapore Round. With this year’s title, we have won a record five times, two more than our nearest challenger, SMU.
Last month, a packed hall of students met Bill McDermott, CEO of SAP. With nearly 77,000 employees and 300,000 customers in 190 countries, SAP is the world’s business software market leader. Bill is also the author of “Winners Dream: A Journey from Corner Store to Corner Office”, where he shares his journey from teenage entrepreneur to global CEO.
Bill began his professional career at Xerox, where he worked for 17 years and rose through the ranks to become the company’s youngest corporate officer and division president. He joined SAP in 2002 to lead the North America business, and became the company’s co-CEO in 2010 and its sole CEO in 2014.
However, as a businessman, Bill started his journey at 17, just a little younger than our undergraduates, when he bought his first deli with $5,500 in loans. His promise to his creditors then – if he failed to make any of the repayments as scheduled, he would lose the deli. He paid them back, within two months, a total sum of $7,000, including interest. The deli paid his way through college, and was sold once that purpose was achieved.
If life was a deli, this is what Bill took away:
The spirit of philanthropy is strong in Singapore.
While an earlier survey found that Singaporeans view their society as materialistic, the truth is that the sense of community has been strong and enduring since the end of World War Two, according to Pauline Tan, co-author of Philanthropy on the Road to Nationhood in Singapore.
Co-author Pauline Tan
The National University of Singapore (NUS) Business School has signed a Memorandum of Understanding (MoU) with Shanghai Zhangjiang Hi-tech Innovation Centre (HTIC) and Shanghai ISPACE Investment Management Group Co. Ltd (ISPACE).
Dean Bernard Yeung, with HTIC and ISPACE officials, at the signing ceremony of the MoU.
This partnership will result in the development of mutually beneficial programmes, projects and activities that promote new inventions and business ideas.
To cap off our year-long Bizad50 celebrations with a heart of festive cheer, a group of fortunate staff and faculty visited the ARC Children’s Centre. After all, that is what Christmas is about – sharing and caring.
Not daunted by the torrential thunderstorm, the children cheered as they greeted us with their broad smiles.