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
Many students will say it is a dry subject. And Dr Liu agrees it can be hard to engage the students, especially for those with a phobia of numbers.
Yet Dr Liu Qi Zhang of Decisions Sciences has managed to win an Outstanding Educator Award for his work with students. This award recognises dedicated and innovative teachers who set new benchmarks in teaching.
What is decision science? Dr Liu says, simply, that it is the “science of making decisions”. Every day, managers have to make many decisions. They are faced with a mountain of data. If they know which data to collate and analyse, they can use the insights gained to make optimal decisions for their companies.
Congratulations to the winners of the 2014/2015 Outstanding Researcher and Outstanding Educator Award at the Faculty level. These awards honour and recognise members of the NUS Business School community who, through their performance and commitment, set new benchmarks in the areas of research and teaching.
Outstanding Researcher Award
Young Researcher Award
Assistant Professor Wenlan Qian from the Department of Finance has published numerous studies in top journals over the past two years. Recently, she was nominated to serve as a fellow of the Homer Hoyt Weimer School of Advanced Studies in Real Estate and Land Economics. Wenlan also serves on the editorial board of Real Estate Economics. In addition, her work has earned research grants from external associations, as well as international awards at some of the world’s most prestigious conferences. Recently, she won the award for best paper in asset pricing at Society of Financial Studies (SFS) Cavalcade, and also the BlackRock research award for best paper on capital markets at the Australasian Banking and Finance Conference.
Outstanding Researcher Award
Professor Remus Ilies from the Department of Management and Organisation has research published or accepted for publication in top tier journals. Remus’ research addresses issues that are highly relevant for organisations and society. A remarkable feature of Remus’ work is his creativity in combining significance with outstanding theoretical and methodological sophistication. He has enhanced the reputation of NUS by publishing impactful research, as reflected in the number of citations (over 4000 citations in ISI and more than 11000 on Google Scholar) and numerous international research awards. Recently, he won the Center for Creative Leadership Award for best paper on Leadership for 2013 and 2014 at the European Association Of Work and Organizational Psychology Congress in Oslo.
Outstanding Researcher Award
Professor Allaudeen Hameed from the Department of Finance has published extensively in influential finance journals. In 2015 alone, he had five papers published, or accepted for publication in Journal of Financial Economics(JFE), Review of Financial Studies(RFS) and Journal of Financial and Quantitative Analysis(JFQA). This recent achievement puts him among the most productive researchers in the field of global finance. His research achievements have elevated the standing of our finance department. Besides being an active research mentor in the department advising many junior faculty and PhD students, Allaudeen has also been integral in exploring opportunities for joint Finance Masters programmes with other universities.
Outstanding Educator Award
Service is everything at Taiwan’s Din Tai Fung restaurant group. For instance, employees at its branch in Xinyi, Taiwan, spent over an hour to help a customer from France recover his lost mobile phone from a taxi.
The service spirit CEO Warren Yang wants every Din Tai Fung employee to have is to “treat every customer as you would treat your family member, and genuinely show them your care and concern”, according to Associate Professor Brian Hwarng, Department of Decision Sciences.
Associate Professor Lawrence Loh (sixth from the right, front row) with Mr Thomas Thomas, CEO of ASEAN CSR Network (fifth from the right, front row) with the student team.
The Centre for Governance, Institutions and Organisations (CGIO) is joining forces with the ASEAN CSR Network to undertake a study on sustainability reporting in Singapore.
This research project is especially relevant given that Singapore Exchange (SGX) hopes to get companies to ‘comply or explain’ when it publishes its guidelines on sustainability reporting, likely by Financial Year 2017.
Money cannot buy fairness but it appears that fairness can determine where the money goes.
In their paper ‘Distributional and Peer-induced Fairness in Supply Chain Contract Design’, Professor Teck-Hua Ho, Associate Professor Xuanming Su from the Wharton School and Associate Professor Yaozhong Wu, became the first to introduce the concept of peer-induced fairness in the design of business-to-business wholesale pricing contracts. They successfully demonstrated that when making business transactions, supply chain members care about not only their individual profit but also fairness in profit comparisons with one another. So a profit-seeking supplier should strategically incorporate the retailer’s fairness preferences in making contract offers.
Professor Teck-Hua Ho (left) and Professor Wu Yaozhong
It is not often that one gets to be a professor, speaker, writer, inventor, subject-matter expert, consultant, pilot, poet, business leader, and a father – and excel at each of these roles. But when asked what inspires him the most, Visiting Senior Fellow Keith Carter immediately responds, “While I wear multiple hats, there’s one thing I most definitely do and love: To make lives of others easier with technology. That is my passion, and my mission in life.”
Not all stock exchanges are created equal. Even among well-developed markets, some exchanges prosper, while others stagnate or fail. At the Think Business talk about “Building a world-class stock exchange”, Professor David Reeb outlined crucial elements for transforming a regional exchange into a truly world-class stock market.
By the year 2030, almost a quarter of Singapore’s population – some 900,000 Singaporeans – will be above 65 years old. With a shrinking and ageing population, as well as Singaporeans’ longer life expectancy, there is an urgent need for the city state to review its pension, transportation and resource plans to better support retirees. Along with these, there are also concerns about increased pressure on housing prices and taxes, and the need to look into other fiscal policy instruments to help the economy grow at sustained path.
Since he was a young boy, Adjunct Associate Professor Goh Puay Guan has always been passionate about piecing together the big picture. Today, he is fortunate to be able to apply his passion to work; piecing together supply chain puzzles to form the big picture.
“I’ve always been excited about how we can synthesise and integrate various aspects of the value network into a coherent framework. I find it very satisfying to make sense out of a lot of information, and organise it into a clear picture and actionable items,” he shares in his ‘Profile of Success’ by Stanford University.