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Editorial
mba
Hong Kong tram – Central business District
“One of the things we have observed shift in economic influence towards Asia, then it role in countries in Asia, even in counties such as
recently is students are displaying a heightened may be that the characteristic closeness of Asian Japan, which has been a real powerhouse for last
awareness of law and the interaction of law and government and businesses could change the three or four decades,” adds Chris Adam. “In Asia
business,” says Professor Chris Adam, mood music of the MBA globally. Especially as the level of regulation and indeed connection
postgraduate programs director at the Australian Asia asserts its place in whatever new financial between business and government is far higher
Graduate School of Management within The world order is being worked out. than it has been in Western Europe and America.
University of New South Wales. “But although I “The emerging economies are clearly at the This may mean that this situation is one of
can see that there might be more awareness of the table in a way they wouldn’t have been ten or those times when businesses say to business
role that government and regulation plays, I am fifteen years ago,” says Professor Steve DeKrey, schools ‘we would like to know more about this
disinclined to think that the entrepreneurial spirit senior associate dean of the Hong Kong University area so we are better armed in dealing with it.’
will be extinguished by bureaucracy.” Science and Technology Business School. “But However, even if dealing with regulatory
are they in the driving seat? Well they have a lot authorities does become more important, it
More Asian? of influence, and money talks.” doesn’t mean we are completely revolutionizing
If one of the consequences of this downturn is a “Government plays a much more prominent the way we do business.”
44 TopMBA CAreer Guide www.topmba.com

TopMBA CAreer Guide www.topmba.com 45
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