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DLSU-Manila faculty research included in internationally published book

A study on Philippine corporate and financial sectors co-written by a De La Salle University-Manila faculty was included as one of the chapters of Reform & Recovery in East Asia: The role of the state and economic enterprise, a book published by Routledge in London and simultaneously in New York and Canada.

Titled “Reform and the Corporate Environment in the Philippines”, the research is jointly authored by Economics professor Dr. Angelo Unite and University of Nevada, Las Vegas faculty Dr. Michael Sullivan.

The book was edited by Dr. Peter Drysdale, executive director of the Australia-Japan Research Centre in Australian National University. It features contributions from leading experts on the Asian economy who provide a wide-ranging and thorough examination of the aftermath of the East Asian financial crisis and progress towards economic and political reform and recovery in the region.

Unite and Sullivan highlighted the corporate governance issues underlying macroeconomic stability and vulnerability of Philippine corporate and financial sectors to external economic shocks. In particular, they discussed the concept and models of corporate governance and the role and effectiveness of various monitors within any system of corporate governance.

Aside from this, the authors also described and analyzed the Philippine corporate governance structure and the potentially effective monitors in the system. Finally, the two discussed the trends in Philippine corporate governance and how it is affected by regulatory changes.

The proponents concluded with several policy recommendations that may be employed to increase the effectiveness of corporate monitoring systems and how the resulting improvements in the country’s corporate governance structure can reduce the vulnerability of the economy to the adverse effects of external shocks in the future.

Other contributors in the book are scholars from the Australian National University, Hong Kong Baptist University, Thammasat University, Institute of Southeast Asian Studies in Singapore, Centre for Strategic and International Studies in Indonesia, World Bank, and the International Monetary Fund.

5 Lasallians to be honored in graduation rites

De La Salle University-Manila will honor its outstanding graduates during the commencement exercises at the Philippine International Convention Center on October 7. 

Out of 773 candidates for graduation for the 1st term of school year 2000-2001, five students hurdled the rigid requirements and passed the standards for special graduation citations, showing excellent performances in both academics and extra-curricular activities.

Bryan Christopher Que will receive the Brother Gabriel Connon Award, the highest recognition to be given to a DLSU-Manila graduate. Meanwhile, Management of Financial Institutions major John Richard Sotelo, Organization Communication and Marketing Management major Rowena Vivien Sy, and Communication Arts and Marketing Management major Pamela Ann Yu will be honored with the Student Leadership Award. Sy will also be recipient of the Community Development Award. Receiving the Athletics Award is Marketing Management major Ramon Jose.

Que will graduate magna cum laude. A former BPI Science, Procter and Gamble Student Excellence, and Gawad KKK Outstanding Youth of the Philippines awardee, Que will join the elite Jose Rizal Honors Society.

Sotelo is the former president of the College of Business and Economics College Assembly and founding member of the Lasallian Youth Corps. Sy, on the other hand, is the former president of the Student Council. She was named most outstanding student leader in the 1998 Student Awards, Jose Rizal Ten Model Students of the Philippines for 1999, and Gawad KKK Ten Outstanding Youth of the Philippines recipient.

Yu is the former chairperson of the Council of Student Organizations and vice president for activities of the Student Council. She was also named as one of The Outstanding Coeds-The Outstanding Young Men for 2000.

Meanwhile, Jose is the team captain of the DLSU Basketball team. He was part of the mythical team of the 1999 UAAP Basketball season and led the Archers in capturing several championship titles.

Yuchengco Center fields Philippine experts to Laos for training program

The Yuchengco Center for East Asia (YCEA) recently assisted the European Union form a team of Filipino experts to conduct the initial modules for the training program for middle-level officials from various ministries in Vientianne, Laos.

Dr. Wilfrido Villacorta (front row, third from left), Yuchengco Center for East Asia president, poses with his Laos trainees, who are middle-level officials being trained on regional integration by the European Union.

The program is part of the European Union-Technical Assistance to Laos (EURO-TAL), EU’s effort to assist transitional economies of Southeast Asia. A parallel program is ongoing in Cambodia.

The invitation to form a Filipino delegation of experts was sent through YCEA President Dr. Wilfrido Villacorta, who involved Association of Southeast Asian Nations (ASEAN) experts Dr. Alfredo Robles, Jr., Political Science Department chair and Dr. Tereso Tullao, Jr., College of Business and Economics dean, in the project. The content of the modules they designed was regional integration and functional cooperation in ASEAN.

Villacorta tandemed with Robles, YCEA senior research fellow on Asia-Europe affairs, to handle topics such as principles of regional integration, ASEAN history and achievements, and ASEAN-European Union cooperation.

On the other hand, Tullao, also a YCEA senior fellow and who has done extensive research on ASEAN and Asia-Pacific Economic Cooperation, tackled subjects on economic and functional cooperation in ASEAN. The syllabi for the modules were prepared by these three faculty.

Villacorta, Robles, and Tullao are the only Filipinos tapped so far to handle the EURO-TAL programs. Professors of Chulalongkorn University in Thailand were among the Asians invited to handle training modules. Other modules are being handled by experts from Europe.

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