Tuesday, 22 September 2015
Chinese President Xi Jinping recently launched a crackdown on corruption. Despite this rigorous anti-corruption campaign, the country has not succeeded in eradicating bad practices. In comparison, Singapore has been uniquely successful in being corruption-free, with the authorities taking a zero tolerance approach. What can China learn from the Singapore model?
In this forum, organized by the China Business Centre, Professor Bernard Yeung, Dean of NUS Business School, will discuss the negative economic consequences of corruption in China, and why eliminating corruption is difficult. Using stock market data, Professor Yeung will examine the economic expectations of the anti-corruption drive on China's economy through investors' lenses.
Provost's Chair and Practice Professor Liew Mun Leong, Chairman of Changi Airport Group and Surbana Jurong, and Founding President and CEO of CapitaLand, will share valuable lessons from Singapore's efforts to weed out corrupt practices. Prof Liew will discuss his corruption management experiences in CapitaLand and other organisations he has led in China and other developing countries.