International diversification of large business groups in Singapore.
The 1997 Asian Financial Crisis has greatly caused undesirable impact on the global economy, including Singapore. The lesson to be learnt from the crisis is the risk of concentrating business in one region. In order to minimise such risks faced by the corporate sectors in future, the Singapore go...
Saved in:
Main Authors: | , , |
---|---|
Other Authors: | |
Format: | Final Year Project |
Language: | English |
Published: |
2009
|
Subjects: | |
Online Access: | http://hdl.handle.net/10356/15055 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Institution: | Nanyang Technological University |
Language: | English |
id |
sg-ntu-dr.10356-15055 |
---|---|
record_format |
dspace |
spelling |
sg-ntu-dr.10356-150552023-05-19T06:16:19Z International diversification of large business groups in Singapore. Chua, Shin Ling. Tan, Grace Ya Hui. Loh, Lee Peng. Tsui-Auch, Lai Si Nanyang Business School DRNTU::Business::International business The 1997 Asian Financial Crisis has greatly caused undesirable impact on the global economy, including Singapore. The lesson to be learnt from the crisis is the risk of concentrating business in one region. In order to minimise such risks faced by the corporate sectors in future, the Singapore government has strongly urged local companies to diversify internationally. Government-linked corporations (GLCs) are the key mechanisms for government intervention in the “market-driven guided economy” of Singapore. Family-controlled companies (FCCs), constituting the majority in the top public-listed companies in the Singapore Stock Exchange (SGX), constitute to another business group that drives Singapore’s economy. Therefore, these two types of corporations are of great significance to understand the local corporate sectors’ strategies towards international diversification. Our main motivation for doing this study is to find out the reasons that drive local companies to diversify internationally and whether the government has played any part in their strategies. It is important to study the success of the government’s initiatives during the last Asian financial crisis. Singapore can then apply the lessons learnt on the next major recession so as to ensure Singapore’s sustainable competitiveness. Due to the rising economies of China and India in recent years, these two regions are singled out to measure the local companies’ diversification strategies and patterns towards these two emerging markets. Therefore, the four major areas to be analysed for this paper are regions outside Singapore but within Asia, beyond Asia, China and India. Due to the rising economies of China and India in recent years, these two regions are singled out to measure the local companies’ diversification strategies and patterns towards these two emerging markets. Therefore, the four major areas to be analysed for this paper are regions outside Singapore but within Asia, beyond Asia, China and India. BUSINESS 2009-03-20T06:17:13Z 2009-03-20T06:17:13Z 2009 2009 Final Year Project (FYP) http://hdl.handle.net/10356/15055 en Nanyang Technological University 84 p. application/pdf |
institution |
Nanyang Technological University |
building |
NTU Library |
continent |
Asia |
country |
Singapore Singapore |
content_provider |
NTU Library |
collection |
DR-NTU |
language |
English |
topic |
DRNTU::Business::International business |
spellingShingle |
DRNTU::Business::International business Chua, Shin Ling. Tan, Grace Ya Hui. Loh, Lee Peng. International diversification of large business groups in Singapore. |
description |
The 1997 Asian Financial Crisis has greatly caused undesirable impact on the global
economy, including Singapore. The lesson to be learnt from the crisis is the risk of
concentrating business in one region. In order to minimise such risks faced by the
corporate sectors in future, the Singapore government has strongly urged local companies
to diversify internationally.
Government-linked corporations (GLCs) are the key mechanisms for government intervention in the “market-driven guided economy” of Singapore. Family-controlled
companies (FCCs), constituting the majority in the top public-listed companies in the
Singapore Stock Exchange (SGX), constitute to another business group that drives
Singapore’s economy. Therefore, these two types of corporations are of great significance to understand the local corporate sectors’ strategies towards international diversification.
Our main motivation for doing this study is to find out the reasons that drive local
companies to diversify internationally and whether the government has played any part in
their strategies. It is important to study the success of the government’s initiatives during the last Asian financial crisis. Singapore can then apply the lessons learnt on the next major recession so as to ensure Singapore’s sustainable competitiveness.
Due to the rising economies of China and India in recent years, these two regions are
singled out to measure the local companies’ diversification strategies and patterns towards these two emerging markets. Therefore, the four major areas to be analysed for this paper are regions outside Singapore but within Asia, beyond Asia, China and India.
Due to the rising economies of China and India in recent years, these two regions are
singled out to measure the local companies’ diversification strategies and patterns towards these two emerging markets. Therefore, the four major areas to be analysed for this paper are regions outside Singapore but within Asia, beyond Asia, China and India. |
author2 |
Tsui-Auch, Lai Si |
author_facet |
Tsui-Auch, Lai Si Chua, Shin Ling. Tan, Grace Ya Hui. Loh, Lee Peng. |
format |
Final Year Project |
author |
Chua, Shin Ling. Tan, Grace Ya Hui. Loh, Lee Peng. |
author_sort |
Chua, Shin Ling. |
title |
International diversification of large business groups in Singapore. |
title_short |
International diversification of large business groups in Singapore. |
title_full |
International diversification of large business groups in Singapore. |
title_fullStr |
International diversification of large business groups in Singapore. |
title_full_unstemmed |
International diversification of large business groups in Singapore. |
title_sort |
international diversification of large business groups in singapore. |
publishDate |
2009 |
url |
http://hdl.handle.net/10356/15055 |
_version_ |
1770564902743703552 |