Research
Research Highlights
research highlights
One of CUHK Business School’s unique missions is to act as a gateway to China for the rest of the world. It has manifested in our dedicated research focus on business dynamics between the emerging markets in Asia, particularly China, and other parts of the world. The China research of our Faculty members spans a wide range of timely topics such as corporate governance, the foreign expansion of Chinese enterprises, and managing the localization of human resources in China, which have far-reaching implications for the long-term development of both the China market and the global economy.

Our faculty members lead two university level research institutes and eight research centers with a diversity of research focuses. They are active contributors to leading international peer-reviewed academic journals, with some of them playing active roles on editorial boards.

research highlights

Center for Supply Chain Management and Logistics

  • Conference on “The 4th International Conference on Operations and Supply Chain Management and The 15th Asia Pacific Decision sciences Institute”, July 25 – 31, 2010
    The Center for Supply Chain Management and Logistics of CUHK, School of Business Administration of South China University of Technology and Center for International Business Education and Research of Indiana University had jointly organized a conference on “The 4th International Conference on Operations and Supply Chain Management and The 15th Asia Pacific Decision sciences Institute” on July 25 – 27, 2010 in Hong Kong. The conference was then moved to Guangzhou from July 28 – 31, to further share relevant research findings and challenges on innovation and technology management in supply chain. Around 250 scholars and practitioners participated in the conference including Prof. Kenneth K. Boyer (Dean’s Distinguished Professor of supply chain management, The Ohio State University); Prof. Jian Chen (Professor and Chairman of Department of Management Science and Engineering School of Economics and Management, Tsinghua University); Dr. Victor Fung (Group Non-Executive Chairman, Li & Fung Ltd.); Mr. Qinghong Zeng (President, Guangzhou Automobile Group Co., Ltd.), etc. More than 190 papers were presented during the conference. The best paper award was granted to Judith M. Whipple (Michigan State University), Kenneth K. Boyer (Ohio State University) and Evelyne Vanpoucke (Maastricht University) with their paper titled “Social Capital and Buyer-Supplier Degree Symmetry: Impact on Relationship Satisfaction”. For more details, please visit here to view the full conference program.
  • Institute of Economics & Finance

    • Conference on “Capitalizing China”, December 15-16, 2009
      The Institute of Economics and Finance of CUHK and the United States National Bureau of Economic Research (NBER) co-hosted the Conference on “Capitalizing China” on December 15-16, 2009. The conference brought together world-class scholars from renowned universities such as Harvard, Yale, Standord, Columbia, Tsinghua, and CUHK to analyze capital formation in China. Focus areas included Chinese capital accumulation, corporate finance and governance in China and the China capital market, etc. Research papers presented at the conference will be consolidated into a book to be published by NBER. Please click here to view the full conference program.

    Li & Fung Institute of Supply Chain Management & Logistics

    Center for Entrepreneurship

    • Global Entrepreneurship Monitor (GEM) 2009 Shows Dramatic Drop in Hong Kong and Shenzhen Entrepreneurial Activities
      research highlights In cooperation with over 300 scholars from 55 countries worldwide, the Center for Entrepreneurship conducted a study to benchmark entrepreneurial activity in Hong Kong and Shenzhen. The study, forming part of the Global Entrepreneurship Monitor (GEM) 2009, showed that the early stage entrepreneurial activity rate in Hong Kong had dropped dramatically from 10% in 2007 to 3.6% in 2009, and that Shenzhen experienced an even greater drop from 11.5% in 2004 to 4.8% in 2009. The 2009 GEM Consortium conducted a total of 175,000 interviews worldwide, of which 4,000 telephone interviews and 72 face-to-face interviews were conducted in Hong Kong and Shenzhen…… more
    • Chinese Panel Study of Entrepreneurial Dynamics
      This large-scale, longitudinal study of new firm formation is being conducted in eight urban areas of China with Nankai University, Tianjin, China and funded by The National Natural Science Foundation of China. The primary purpose is to uncover the factors that initiate, hinder, and facilitate the emergence and development of new ventures in China. In the first wave of data collection in 2009, 20,998 Chinese households in eight cities were interviewed, among which, 974 were nascent enterprises. The project will follow the development of these startups and collect two more waves of data over a two-year period.
Research News & Awards
research highlights

Prof. Sir James Mirrlees, Nobel Laureate in Economic Sciences and Distinguished Professor-at-Large of CUHK (Department of Finance) was awarded the Royal Medal 2009 by the Royal Society of Edinburgh for his outstanding contributions to economic theory, which have had a global impact on economic development. Prof. Mirrlees is considered to be the most outstanding economic theorist that Scotland has produced in the last 150 years.

  • Brief Profile of Prof. Sir James Mirrlees
    Prof. Sir James Mirrlees is a world-renowned economist who pioneered in optimal taxation theory. He was awarded the Nobel Memorial Prize in Economic Sciences in 1996 in recognition of his outstanding contributions to the economic theory of incentives under asymmetric information. His work laid the foundation for the modern analysis of complex information and incentive problems, which can be applied to many similar situations. He was knighted in 1997. Prof. Mirrlees has been Distinguished Professor-at-Large at CUHK since 2002, providing academic leadership for the University community.

Prof. Shige Makino, Chairman of the Department of Management, has been named an Academy of International Business (AIB) Fellow in recognition of his scholarly contributions in the field. The AIB is the leading association of international business scholars and specialists in the field of international business.

Prof. Shen Hao, Department of Marketing received the 2008 Journal of Consumer Psychology Young Contributor Award for his paper entitled “The Impact of Negative Affect on Responses to Affect-Regulatory Experiences”.

China Research Highlights

Minding the Books : State Ownership and Auditors in China

Based on the original research, entitled “State Ownership, the Institutional Environment and Auditor Choice : Evidence from China”, published in the “Journal of Accounting and Economics”.


China is entering the global economy at a time when an increased emphasis is being placed on auditing for companies worldwide in the wake of accounting scandals that have felled some of the most powerful multinational companies. These companies have taken some renowned auditing firms with them – Arthur Anderson was a venerable and trusted global player in the accounting and auditing industry, but because of its complicity in shady audits at energy giant Enron, the more than 50-year-old firm was shuttered...

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The Ties that Bind : Do Politics Pay Dividends for Chinese Companies

Based on the original research, entitled “Politically Connected CEOs, Corporate Governance, and Post IPO Performance of China’s Newly Partially Privatized Firms”, published in the “Journal of Financial Economics”.

As China relinquishes full control of its state-owned enterprises, a record number of these quasi-privatized companies are listing on stock exchanges at home and abroad. Many top executives of these new public companies came from leadership positions in the Communist Party and the military – not surprisingly in a culture that values close personal connections in business and considering China’s steady yet cautious moves towards economic reform...

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International Venturing of Chinese Companies - What Makes an Emerging Market Company Expand Internationally?

Based on the original research, entitled “International Venturing by Emerging Economy Firms : the Effects of Firm Capabilities, Home Country Networks and Corporate Entrepreneurship”, published in the “Journal of International Business Studies”.

In China, where previously state-owned enterprises have been traditionally subject to more governmental controls, have had less resources to spread around, and have not been anywhere near as well known on the international scene as the likes of Pepsi or Nike. Yet, Chinese companies have joined the realms of the world’s biggest overseas investors. The country is expected to soon be among the top five sources of foreign direct investment in the world. So how are Chinese companies doing this?...

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