Research Highlights
What is the impact of segment disclosure on equity-based compensation?
By Jovina AngSMU Office of Research – Segment disclosure and reporting is intended to provide transparency and reveal information regarding the financial results and operations of the different segments within a firm.It was for this reason that SFAS 131 (Statement of Financial Accounting…
Asset-backed securities on blockchain
By Alvin LeeSMU Office of Research – Mention ‘Asset-backed securities’ (ABS) to certain finance professionals and investors, and the turmoil of the 2008 Financial Crisis immediately comes to mind. The causes of this generation’s version of The Great Depression have been thoroughly documented…
Do Chinese investors trust expanded audit reports?
By Stuart PallisterSMU Office of Research – The global financial crisis of 2007-2009 prompted calls for greater transparency into auditing processes, and since 2013, the auditors of UK-listed companies have been required to highlight key audit matters or KAMs. However, according to a paper by…
Does relative performance evaluation affect employee mental well-being?
By Jovina Ang
SMU Office of Research – Since the onset of COVID-19, employee mental well-being has become a critical issue across the world.
In Singapore, the prevalence of poor mental health has increased from 13.4 percent in 2020 to 17 percent in 2022.
Increased workload, job insecurity,…
Pay transparency may be good for employees but bad for companies in a downturn
By Stuart Pallister
SMU Office of Research – Pay transparency, in terms of knowing what your peers are earning, may be good for employees but can potentially lead to companies going to the wall. That’s the verdict of Associate Professor of Accounting at Singapore Management University Sterling…
Valuing the impact of prosocial CEOs
By Alistair Jones
SMU Office of Research – The traditional role of a chief executive officer (CEO) has been to manage the executive team and pursue goals set by the board. But in recent times, CEOs have become more publicly visible as the face and driving force of an organisation, with an...
Understanding information sharing among equity analysts
By Jovina Ang
SMU Office of Research – Researchers have been studying the performance of equity analysts working in brokerage houses for four decades.
Most of these studies typically assume that the analysts work in silos.
However, if analysts are compensated based on the quality of stock...
Accounting for the future
By Alvin Lee
SMU Office of Research – In 2013, researchers at Oxford University predicted that accountants stood a 95 percent chance of having their jobs replaced by AI. Their paper ended with a list of jobs and their probability of being “computerisable” – recreational...
China’s latest anti-corruption campaign: Assessing the benefits and downsides
By Stuart Pallister
SMU Office of Research & Tech Transfer – Chinese President Xi Jinping launched the Communist Party’s latest anti-corruption campaign shortly after becoming the country’s ‘paramount leader’ at the end of 2012. Within five years, more than 100,000...
Trustworthy CEOs bring benefits in terms of higher returns
By Stuart Pallister
SMU Office of Research & Tech Transfer – Should it come as a surprise that if you trust someone, they will be regarded as credible? Probably not, but how do you test that hypothesis empirically?
That was the challenge faced by researchers from Singapore Management...