Research key to developing finance policies

“With regards to the current global financial crisis, the issues of financial strength have moved into the focus of public attention especially educational institution. High quality education and research on financial systems are essential in policy objectives,” Minister of Education Haji Suyoi bin Haji Osman said during the conference’s opening on Tuesday.
YB Pehin Dato Hj Suyoi, who is also the deputy chairman of Autoriti Monetari Brunei Darussalam (AMBD), said participants in the conference aim “to compare notes on financial systems from a central bank perspective, academia and research work and in that way to learn from each other’s experiences”.
Over 50 papers will be presented in several sessions.
These papers will revolve around the conference theme “Corporate Finance Decisions in a Changing Global Environment”.
“Research does not only produce new knowledge, it also deepens and broadens the experience of academics, researchers and practitioners who will go on to apply the experience gained in many productive ways,” he said.
The three-day conference, which ended yesterday, was co-organised by Universiti Teknologi Brunei and AMBD in collaboration with the University of Oxford, University of Nottingham, University of Sheffield and University of Hull.
The event featured several finance officials and experts including AMBD Managing Director Yusof Hj Abdul Rahman, Professor William Megginson, Price Chair in Finance at the University of Oklahoma, Professor Naoyuki Yoshino, Dean of the Asian Development Bank Institute and Ashishkumar Chauhan, CEO of Bombay Stock Exchange.
The conference was held at the International Convention Centre, Berakas.
IFABS was founded in 2008 in the UK with over 3,500 members from over 60 countries.
It is one of the world’s leading organisations dedicated to the promotion of research in banking and finance.