ESG/Sustainable Finance
More research hereCarbon Tax Increase: Impact on SMEs
Carbon tax policy aims to reduce greenhouse gas (GHG) emissions by taxing carbon-intensive activities. While it is an effective way to tackle climate change, it can adversely impact SMEs with tight budgets. The authors study the impacts of carbon tax increase on SMEs and end consumers.
Carbon Emissions Trading and Environmental Protection: International Evidence
Posing a crucial risk to the economy, climate change has since become the top of government policy agendas worldwide. This paper analyses the implementation of two government policies that mitigate climate change, namely carbon tax and emissions trading system (ETS), also known as cap and trade or even carbon trading.
Financial Innovation/Fintech
More research hereA survey on trends and digital adoption in China's outbound tourism 2023
As many Chinese start to resume overseas travels from the beginning of 2023 following a nearly three-year COVID-19 disruption, the study on Chinese outbound tourism is of great interest to many. We surveyed 500 Chinese consumers who plan to travel abroad within the upcoming 12 months to understand Chinese outbound tourists' attitudes, preferences and trends in 2023. The findings highlight digital technologies' significant role in Chinese tourists’ travel experiences. The results provide valuable insights into the preferences and behaviour of Chinese travellers, shedding light on their reliance on digital technologies and mobile payments while exploring foreign countries.
Economic Resilience During the COVID-19 Pandemic: The Role and Significance of FinTech
By 2021, several countries had rebounded admirably to almost pre-pandemic levels even as the pandemic raged on; of course, in no small part thanks to the sweeping vaccination policies most countries implemented. Though vaccines were available on a global scale, one could quickly notice that not all countries recovered at an equal pace or extent. Why was this so? Therein lies the heart of our report, which examines the different factors that could either have a positive or negative impact on economic recovery. Did FinTech, for all its accolades, play an important role in a country's economic recovery?
Corporate Finance
More research hereSingapore Board Diversity Review 2024
Board diversity progressed strongly across SGX-listed companies, statutory boards and charities in 2023—the proportion of women directors rising to the highest on record.
Activist-appointed Directors
The paper examines the larger value impact of independent directors nominated by activists than firms appointing other directors.
Asset Pricing
More research hereThe Use and Usefulness of Big Data in Finance
With the advent of modern information technologies and recent advances in data analytics, we can increasingly track individuals' and businesses' activities through the digital footprints they leave behind. This paper shows how this new data, also known as "big data" or "alternative data", can help a variety of users make better decisions.
Cross-Disciplinary
More research hereThe Determinants of COVID-19 Morbidity and Mortality Across Countries
Besides factors commonly associated with infectious diseases (such as population and tourism activities), country-level characteristics – which include demographic, geographic, political, legal, and socio-economic factors, also shape COVID-19 outcomes. This paper identifies 21 predetermined factors that explain marked variations in weekly COVID-19 morbidity and mortality across countries.