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Singapore Management University


Foreseeing risk of a stock price crash

Research suggests that non-GAAP earnings reports can lead to a higher risk of stock price crashes due to information asymmetry and manipulation. Companies use non-GAAP earnings to present a more positive picture, but investors should be cautious when managers have an incentive to mislead them.

SourceSingapore Management University·JournalJournal of Accounting and Economics·DateMay 27, 2022

Fixing AI systems

A project aims to develop software toolkits to assess neural network robustness and potential security vulnerabilities. The goal is to create a framework for building secure AI systems, emphasizing human expertise in data collection and testing.

Engaging individuals in disease prevention behaviours during a pandemic

A study conducted by Singapore Management University found that perceived effectiveness of government messages outweighs the effect of individuals' belief in a dangerous world. Effective communication with informative, personal, and objective message characteristics is key to driving disease prevention behaviors.

SourceSingapore Management University·JournalInternational Journal of Strategic Communication·DateFeb 25, 2022

Banks tend to use opaque financial reporting to facilitate regulatory forbearance

A study found that banks in states with senators on the influential Senate Banking Committee have higher levels of discretionary loan loss provisions, indicating greater opacity. This effect is stronger for larger banks and those with higher risk. The researchers argue that politicians' incentives to save their home state's banks durin...

SourceSingapore Management University·JournalJournal of Accounting and Economics·DateFeb 25, 2022

Nudging acceptance of alternative proteins

A recent study by SMU Associate Professors Mark Chong and Angela Leung found that the ultimate form and presentation of alternative protein products significantly impact their acceptance by consumers. Focusing on the end product and framing alternative proteins as a positive highlight of an exciting food future may foster greater accep...

Building green finance in Asia

The Monetary Authority of Singapore launches a $2 billion green investments program to promote environmentally sustainable projects. The Singapore Green Finance Centre, launched by SMU Lee Kong Chian School of Business and Imperial College Business School, aims to build a new ecosystem for sustainable investing in Asia. Researchers wil...

The uneven benefits of CSR efforts

A study by SMU researchers found that corporate social responsibility (CSR) activities have a positive impact on future operating performance, but only in tangible asset-intensive industries such as manufacturing and utilities. For companies in intangible asset-intensive sectors like technology, there is no significant beneficial effect.

When businesses behave badly

A study found that firms tend to follow the pecking order theory, drawing down internal funds before relying on debt financing after negative E&S incidents. Firms with high CSR reputation are better able to cushion the impacts of such incidents. Financially constrained firms react differently due to limited access to equity markets.

Securing the internet

Researchers studied AS interdependence, peering relationships, and cybersecurity threats. They found that organisations can't control their partners' choices, increasing the attack surface. However, some connections can reduce security threats by facilitating information sharing. Education and awareness are key to improving cybersecuri...

Preparing accountants of the future

The study aims to examine the extent to which the AD&A Second Major programme equips students with key skills and competencies in the future accounting workplace. It will also measure students' learning outcomes and gather insights on how future programmes can be designed to equip students with necessary skills.

The Third Age is the Golden Age

A new project aims to drive evidence-based propositions for creating an environment where Third Agers (older individuals easing off full-time employment) can contribute to society. The study explores building social capital beyond economics and reimagining traditional family structures to provide support.

Aiming for an enduring relationship

Recent research suggests that a higher degree of readiness is associated with higher commitment to a relationship. Readiness also predicts relationship maintenance beyond commitment, but surprisingly, it's also linked to less loyalty. The study found that individuals who feel more ready may prioritize relationships over other issues an...

SourceSingapore Management University·JournalSocial Psychological and Personality Science·DateJun 1, 2020

The GDP fudge: China edition

A study found that Chinese firms in provinces with lower GDP growth are more likely to engage in earnings management to prop up provincial GDP figures. This leads to a range of negative consequences for the firms, including high bad debt expenses, inventory write-offs, and asset impairment losses.

Speak math, not code

Using Euclid's algorithm as an example, Dr. Lamport showed how a precise mathematical formula can be used to specify an algorithm, making it more efficient and easier to debug. By using math instead of code, developers can reduce the size of their programs by up to ten times and make debugging easier.

Predicting intentional accounting misreporting

A new study developed by SMU Assistant Professor Richard Crowley uses machine learning to analyze topic patterns in company filings to predict intentional accounting misreporting. The researchers found that certain topics, such as revenue and income figures, were more commonly used by companies that had engaged in misreporting.

SourceSingapore Management University·JournalJournal of Accounting Research·DateMar 1, 2020

Conservative boards more likely to dismiss CEO

A recent study by Singapore Management University found that conservative boards are more likely to dismiss CEOs who have engaged in financial misconduct. The researchers used a scoring system to assess the political ideology of board directors and found that liberal boards were less likely to take action against the CEO.

SourceSingapore Management University·JournalStrategic Management Journal·DateDec 3, 2019