Faculty researchers from Far Eastern University (FEU) presented new findings on the theme, Sustainability Innovation for a Better Future at the 3rd Sustainability Initiatives Case Study in Malaysia, Philippines, and Indonesia (SIMPI) in Universitas Bung Hatta in Padang, West Sumatra in Indonesia last October 3 to 6, 2017.
Dr. Myrna P. Quinto, FEU Vice President for Academic Development, delivered the keynote lecture on Internationalization of Higher Education. Dr. Quinto stressed the need for sustaining internationalization programs of universities in order to compete globally. She spoke not only on the internationalization efforts of FEU but also on the Policy Framework and Strategies on the Internationalization of Philippine Higher Education.
Dr. Marcos Valdez, FEU resident Research Fellow, delivered his paper Characterization of the Native Goats from the Province of Cebu, Central Visayas, Philippines. His study described the comprehensive morphometric analyses of native goats in the Philippines. The results are envisioned to help influence implementing policies related to the sustainable management and utilization of animal genetic resource.
On the business sustainability aspect, Rafael Paolo Ireneo, faculty member of FEU’s Institute of Arts Business and Finance (IABF) presented Performance Evaluation of Selected Toyota Dealerships in Metro Manila: DEA-SFA Approach. The study evaluated the performance of ten selected Toyota dealerships in Metro Manila from 2010 to 2014 using Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) to measure technical efficiency.
While Joseph Paglingayen, also a faculty of IABF presented his paper Market Reaction to Initial Public Offerings (IPO) Lock-up Expiration in the Philippines. The study supports sustainability by demonstrating the statistically significant negative reaction to the IPO lock-up expiration which can be a factor for the downward spiral of stock prices. His findings are expected to lessen the possible drastic impact on the stock market which may pose sustainability risks of the stocks involved.
Dr. Dennis H. Pulido, University Research Center Director and Dr. Victor T. Tabuzo, Center for Teaching, Learning and Continuing Education Director served as SIMPI’s regional and program directors. Dr. Marietta Israel, IABF Assistant Program Head for Business Administration and Professor Anabelle Verdote from the Institute of Architecture and Fine Arts also acted as conference committee members and session chairs.
SIMPI, which started in 2015, is an annual conference collaboration of three universities, Universiti Teknologi Malaysia, Far Eastern University and Universitas Bung Hatta of Indonesia. It brings together researchers, faculty members, and students from Malaysia, the Philippines, Indonesia, Australia, and India.
Research Directors from all three universities are already planning the 4th SIMPI with representatives from Saveetha University in India and Griffith University in Australia. FEU hosted the 2nd SIMPI Conference in Manila.