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Washington SyCip ’43, chairman, The SGV Group
In 1996 Washington SyCip celebrated his 75th birthday and the 50th anniversary of the founding of SGV & Co. His half-century of leadership has resulted in SGV & Co. becoming the largest auditing and management consulting firm west of Chicago. Mr. SyCip has had phenomenal success in his field, and was honored with the Botwinick Prize for Ethical Practice in the Professions for his integrity, commitment to the people of the Philippines and dedication to the future of South East Asia. Chief among his rich legacy of business and social programs will be his impact on business education. Mr. SyCip was an influential force in the establishment of the Asian Institute of Management, a graduate school of business that has educated more than 20,000 managers, as well as the Management Association of the Philippines, a forum for managers to learn about issues affecting Philippine business. Currently, Mr. SyCip is a member of Columbia Business School's Board of Overseers.
Mr. SyCip is one of the most respected businessmen in Asia. He founded SyCip Gorres Velayo & Co. (SGV & Co.) in Manila in 1946 after his return from serving as a cryptographer for the American army in WWII. He also played a major role in establishing the Asian Institute of Management, founded in 1968. He retired from SGV in 1996. SGV & Co. is the Philippines' largest auditing and management consulting company. Under SyCip’s leadership, the firm vanquished its foreign competitors in the Philippines, and then expanded to become a major regional player with offices in Taiwan, Thailand, Indonesia, and Vietnam. The firm became an affiliate of Ernst & Young in 2002.
Research Insights on Leadership and Ethics
Assistant Professor of Finance and Economics
"Banks in India...the accounts are not well used...This may be because they have to walk the 3km to the bank; or it may be due to other obstacles, such as procrastination.”
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Jack R. Anderson Professor of Business
"The industry has developed general principles on which portfolio risk should be decomposed but actually determining the risk contributions can be difficult in complex portfolios.”
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Senior Vice Dean and Paul Calello Professor of Leadership and Ethics
"Those in a homogeneous group put much less effort into the task at hand in part because they were more interested in avoiding conflict. Diverse environments allowed people to focus on the task instead of their social relationship."
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Professor of Finance
“What makes countries rich is how productively they use their resources…Once a (more productive) technology is introduced, do people use it? Why aren’t people using the most improved technologies to begin with?”