A New Paradigm for International Business: Proceedings of the Conference on Free Trade Agreements and Regional Integration in East Asia (Springer Proceedings in Business and Economics)

This book offers a collection of studies on regional integration and the dynamic business environment in East Asia. The papers included, originally presented at the 2014 Asia Pacific Business Conference on "Free Trade Agreements and Regional Integration in East Asia," examine the challenges and dynamics in the increasingly integrated East Asian markets and outline a new paradigm for doing international business in the region. The papers address diverse areas related to regional integration, financial markets, investment, trade and capital flow, sustainability, accounting and auditing issues, exchange rates, strategies and the regional business environment. The book provides a valuable resource for practitioners, policy-makers and students who are interested in understanding the vibrant aspects of business in todayℓ́ℓs East Asia Front Matter....Pages i-viii What Makes for an Effective Free Trade Agreement? Examination of Theory and Evidence....Pages 1-34 The Mode of Economic Cooperation in the “One Belt and One Road” Construction....Pages 35-58 Simulation on Trade Effects of CJK FTA and the Prospects of Negotiation....Pages 59-90 Foreign Trade and Economic Growth in Recent China: A Granger Causality Analysis....Pages 91-96 Price Discovery and Dynamic Correlations: The Case of the Chinese Renminbi Markets....Pages 97-111 Public News Flows and Chinese Renminbi: A Volatility Regime-Switching Analysis....Pages 113-127 The Perceptions and Challenges of Corporate Sustainability Reporting in China....Pages 129-150 Shadow Economy and Corruption in the ASEAN: Complement or Substitute?....Pages 151-169 Singapore as a ‘Global City’: Governance in a Challenging International Environment....Pages 171-192 The Intricacies of the Middle-Income Trap: The Comparative Analysis Between China and Singapore....Pages 193-212 Thoughts on Extreme Risk in Indonesia....Pages 213-225 Characteristics of Audit Committee and Real Activities Manipulation: Case from Indonesia....Pages 227-245 The Influence of Monitoring Mechanisms and Opportunistic Behaviors Toward Earnings Management....Pages 247-269 Can Market Orientation Sustain Management of Microfinance Institutions? The Case Study of Amanah Ikhtiar Malaysia (AIM)....Pages 271-283 Mitigating Money Laundering: The Role of Designated Non-financial Businesses and Professions in Southeast Asian Countries....Pages 285-294 Money Laundering and Terrorist Financing: Real Global Cases, Behavioural Theories and Internal Control Mechanism....Pages 295-308 Structure of Marketing Program for Islamic Microfinance Institutions....Pages 309-323 Myanmar’s Experience in Regional Integration: Implications for Trade, FDI, and Sustainable Development....Pages 325-341 Why Is Sri Lanka a New Investment Darling in Asia?....Pages 343-351 This book offers a collection of studies on regional integration and the dynamic business environment in East Asia. The papers included, originally presented at the 2014 Asia Pacific Business Conference on "Free Trade Agreements and Regional Integration in East Asia," examine the challenges and dynamics in the increasingly integrated East Asian markets and outline a new paradigm for doing international business in the region. The papers address diverse areas related to regional integration, financial markets, investment, trade and capital flow, sustainability, accounting and auditing issues, exchange rates, strategies and the regional business environment. The book provides a valuable resource for practitioners, policy-makers and students who are interested in understanding the vibrant aspects of business in todayĺls East Asia