Corporate Governance: Asian versus Western Perspective
Organized jointly by
Centre for Asset Management Research & Investments (CAMRI)
Centre for Governance, Institutions & Organisations, NUS Business School
|Speakers||Mr. Anthony Neoh
SC (Hong Kong Bar), former Chief Advisor to the China Securities Regulatory Commission and former Chairman, HK Securities and Futures Commission
Prof. Randall Morck
Stephen A. Jarislowsky Distinguished Chair in Finance
School of Business
University of Alberta
|Chairperson||Professor Chang Sea Jin
Provost's Chair Professor
NUS Business School
|Date||Monday, 11 October 2010|
|Time||4.30 pm - 6.00 pm (Registration starts at 4.00 pm)|
|Venue||BIZ 1 Seminar Room 2-6 (map)
Level 2, Mochtar Riady Building
NUS Business School
15 Kent Ridge Drive
|Registration / E-flyer / Presentation Slides / Photos / Video|
Corporate Governance has returned to everyone’s front burner since the global financial crisis. Many blamed weak governance structures and associated moral hazard problems for the pains countries, institutions, shareholders and individuals faced during the crisis. To this end, ensuring managers work in the best interest of shareholders and stakeholders is a critical question in finance. It covers a wide span of issues involving theory, law and best practice. This includes compensation forms, fiduciary responsibility, ethics & integrity, disclosures, voting structures, prudent risk management, and legal protections. Today’s Public Lecture will hear from two eminent scholars in the field of corporate governance: financial economist Professor Randall Morck will provide the Western perspective, while Mr. Anthony Neoh, whose research interests focus on legal and financial history and the regulation of financial markets and services, will discuss the Asian perspective.
About the Speakers
Mr. Anthony Neoh
Mr. Neoh is a senior member of the Hong Kong Bar, active in civil appellate and international litigation and arbitration cases. He is a Chinese National and a permanent resident of the HKSAR. He was Chief Advisor to the China Securities Regulatory Commission ("CSRC") from September 1998 to June 2004 at the personal invitation of former Premier Zhu Rongji. He remains a member of the International Advisory Board of the CSRC. He was Chairman of the Hong Kong Securities and Futures Commission from 1995 to 1998. He was elected Chairman of the Technical Committee of the International Organisation of Securities Commissions for 1996 - 1998. Prior to his appointment to the Chair of the Hong Kong Securities and Futures Commission he was in private legal practice, which he began in 1979, after 13 years in the Hong Kong Civil Service. His late appointment with the Hong Kong Government was as an Assistant Director of the Independent Commission Against Corruption. In private legal practice, he practiced trial and appellate advocacy in the Hong Kong Courts and until 1997, in the Privy Council in London. From 1984 to 1986, he was in active practice as a member of the California Bar, specialising in international financial transactions, and was briefly associated with the firm of Pilsbury Madison & Sutr now merged into Pilsbury Winthrop.
Mr. Neoh was appointed Queen's Counsel (now retitled Senior Counsel) in April 1990. A law graduate of London University, he was called to the English Bar by Gray's Inn in 1976. He was a Visiting Scholar at the Harvard Law School on 1990/91 and for September 2001 - May 2002, he was Visiting Professor from Practice at the Harvard Law School. In 2004, he was appointed for that Academic Year Nomura Visiting Professor of International Finance from Practice by the Harvard Law School, a position he was unable to take up due to pressure of work in Hong Kong. He was awarded the Honorary Degree of Doctor of Laws by the Chinese University in 2003. He also holds many adjunct, honorary and visiting professional appointments in universities in the Mainland of China and the Hong Kong SAR of China. In 2009, he was elected Honorary Fellow of the Hong Kong Securities Institute and an Academician of the International Eurasian Academy of Sciences. His research interests are in legal and financial history and regulation of financial markets and the financial services.
Prof. Randall Morck
Randall Morck holds the Stephen A. Jarislowsky Distinguished Chair in Finance at the University of Alberta School of Business, where he also holds the rank of University Professor. He is also a Research Associate with the National Bureau of Economic Research in Cambridge, Massachusetts and a Senior Research Associate with Harvard Law School’s Labor and Worklife Program. He graduated summa cum laude from Yale in 1979, and earned a PhD from Harvard in 1986, to which he returns periodically as a visiting professor. Professor Morck has published over 70 articles on corporate governance, corporate ownership, and corporate finance in academic journals such as the American Economic Review, Journal of Finance, and Journal of Financial Economics. His research papers include some of the first systematic investigations of corporate governance, and are cited in more than 1,600 other research papers. Professor Morck has served as a consultant to the Canadian and U.S. governments, the World Bank, and the International Monetary Fund on corporate governance and other economic issues. He is a frequent speaker at academic, business, and government seminars and conferences in Canada and abroad.