CBC Public Lecture Series: Corruption: Impact on China's Economy | Lessons from the Singapore Model
cbc public lecture series
Chinese President Xi Jinping recently launched a crackdown on corruption. Despite this rigorous anti-corruption campaign, the country has not succeeded in eradicating corrupt practices. On the other hand, Singapore has been uniquely successful in being corruption free, with the authorities taking a zero tolerance approach. So what can we 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 Professor (Practice) Liew Mun Leong, Chairman of Changi Airport Group and Surbana Jurong Private Limited and Founding President & 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 led in corruption prone environments such as China and other developing countries.
*The lecture is in English only.
Professor Liew Mun LeongAbout The Speakers

Mr Liew Mun Leong has spent 22 years in the public service developing Singapore's Changi Airport, military airports and establishments. He was involved with the construction of Changi Airport Phase I and II from day one in 1975. He was also the CEO of two government statutory bodies, the Singapore Institute of Standards and Industrial Research (SISIR) and the National Science and Technology Board (NSTB), the forerunner of A*STAR. He was the Registrar of the Professional Engineers Board, granting engineers' licenses to practise in Singapore and regulating engineering practices in Singapore. He has also served the Executive Board of International Organization for Standardization (ISO) for which he was later elected and served as its President for one term.

In the private sector, he has 22 years of experience leading 10 public listed companies in four countries. In 2000, he was appointed as the founding CEO of CapitaLand Limited, a public listed real estate company, which under his watch, has become the largest real estate group (by market capitalization) in South East Asia, operating in over 20 countries with more than 12,000 staff. He currently chairs the Changi Airport Group and Surbana Jurong Private Limited. He also sits on the boards of Singapore Exchange, CapitaLand Hope Foundation (the philanthropic arm of CapitaLand), NUS Business School, Human Capital Leadership Institute, Chinese Development Assistance Council and the Singapore China Foundation.

In 2013, Mr Liew was appointed as Provost's Chair Professor (Practice) (pro bono) in NUS Business School and Faculty of Engineering.

Professor Bernard YeungProfessor Bernard Yeung is the Dean and Stephen Riady Distinguished Professor in Finance and Strategic Management at National University of Singapore (NUS) Business School since June 2008. Also, he is the founding President of the Asia Bureau of Finance and Economics Research.

Before joining NUS, he was the Abraham Krasnoff Professor in Global Business, Economics and Management at New York University Stern School of Business and served as the Director of the NYU China House.

Professor Yeung is a member of MAS's Financial Research Council and served in the Singapore Economic Strategy Committee (2009), the Management Advisory Committee of SPRING Singapore. He was on the board of the Intellectual Property of Singapore and the GMAC Board. He is an elected Fellow of the Academy of International Business (AIB) and the recipient of the Irwin Outstanding Educator Award (2013) from the Academy of Management.



Contact Ms Huang Li on tel: (65) 6601 4911 or at huangli@nus.edu.sg

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