Dr. Bill Y. Chen, CFO and Professor in the Department of Business Administration, recently has been elected as the President of the Association for Chinese Management Educators（ACME）. The ACME aims at promoting a forum for its members to exchange information and to stimulate cooperation with both academic and nonacademic organizations in the Pacific Rim region. It holds an annual conference and publishes an annual academic refereed journal—International Journal of Management Theory and Practices.

Last July, the UWest hosted the 22nd International Conference on Pacific Rim Management organized by the ACME. Dr. Chen was the program chair of the 23rd conference this year. Members of the ACME come from Taiwan, China, India, Canada, the US and other places. Several board members of the association are the Deans of business schools of universities in the US.
 
Dr. Bill Y. Chen, CFO and Professor in the Department of Business Administration received the confirmation that his paper, titled “ The Review and Analysis of Compulsory Insurance”  will be published soon by an academic referred international journal—Insurance Markets and Companies.
This paper is co-authored with Professor Dongmei Chen at Fudan University, China. Their paper was presented at the annual conference of the Asian Pacific Risk and Insurance Association, Seoul, July, 2012. Dr. Bill Chen received the UWest’s Institutional Grant for his relevant proposal last year.
The paper provides the most comprehensive review of different type of compulsory insurance implemented in the United States of America and the world; it reviews and analyzes effects of compulsory insurance on individuals and the society, based on theoretical studies and empirical evidence; and explores what we can learn to better develop and implement compulsory insurance. The paper also develops a theoretical model that can be used to analyze whether individuals and/or public will accept/support a proposed compulsory insurance. Through this review and analysis of the compulsory insurance, the paper has also identified some areas that need further theoretical and empirical studies. The results from this study will be very valuable to countries, particularly developing countries like China, that plan to implement some kind of compulsory insurance.