The revelations about the large sums of money (tens of millions of dollars) used liberally to finance Sun Ho’s failed attempt to breakthrough on the U.S. music scene and about her carefree, luxury lifestyle, have shocked many City Harvest Church members, the christians community at large and even the wider public. Reading through online forums, it is clear that many people felt that the amounts spent were extravagant and questioned what this “U.S. pop star adventure” had really got to do with the Christian evangelisation project it proclaimed to be. Continue reading
Tag Archives: Moral Hazard
City Harvest Case part 5: CHC’s Crossover or Sun Ho’s Crossover
As explained in my previous post “City Harvest Case Part 4 – Can You Rationalize a Crime to be a Benefit to Society?“, the CHC investigations and trial have turned the spotlights on a number of very questionable decisions and practices made by the CHC Leadership in relation to the Crossover project. Continue reading
Business Schools Education: Creating MENACES to Society?
I was attending recently a Forum organized by ESSEC Business School in Singapore (on the 26t february 2013). The topic under scrutiny was:
“Can Management Education Cope with Globalization Crisis and Sustainability?”
To explore and discuss this topic Continue reading
Are CEOs Over-paid? Big Carrots, Blind Spots and Very Small Sticks!
The row over executive compensation has been reignited by the recent awarding of about £8 to 9m bonus to Bob Diamond, CEO of Barclays. Bob’s feisty defense of his bonus has further exasperated the many people who think that bankers are over-paid when we consider their ‘real’ performance. Continue reading