https://www.scmp.com/rss/505470/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com [Sponsored Article] The principle that people should be hired for positions, and promoted or rewarded, solely on the basis of their talents and performance, and not because of their gender, ethnic origins or other functionally irrelevant demographic attributes, is widely accepted today. But beyond a sense of being on the right side of social progress, does employing a more diverse workforce boost performance? In this edition of Biz@HKUST, the founders and senior executives of four notable... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143509/dean?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143509/dean?utm_source=rss_feed Wed, 02 May 2018 07:42:09 +0000 [Sponsored Article] In a global economy, companies that seek to grow beyond the local market need to employ a pool of talent representing diverse points of view and the knowledge to succeed. Diversity can be a competitive differentiator. In this edition of Biz@HKUST, we look closely into the strength of diversity of four highly successful companies. These companies range in age from a quarter-century to a century old and have achieved astonishing success in their fields, not only in the... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143510/power-diversity?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143510/power-diversity?utm_source=rss_feed Wed, 02 May 2018 07:41:54 +0000 [Sponsored Article] Mrs Betty Yuen So Siu Mai, Vice Chairman of CLP Power Hong Kong and a member of the HKUST Business School Advisory Council, says neither she nor her company needs to be convinced about the merits of employing a diverse workforce. “We have embraced diversity for some time, and the benefits are no longer in question. The challenge now is to achieve a better balance,” Yuen says. Mrs Yuen says that her perspective on the issue has been shaped by international studies which show... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143514/powering-drive-towards-gender?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143514/powering-drive-towards-gender?utm_source=rss_feed Wed, 02 May 2018 07:41:37 +0000 [Sponsored Article] For Dr James Thompson, Chairman of Crown Worldwide Group and also a member of the HKUST Business School Advisory Council, diversity and inclusion policies are not impositions to be tolerated, but winning strategies to be embraced. “For a company like ours, diversity is everything, it’s our power,” he says. Born and raised in the United States, Dr Thompson founded his global mobility and international relocation business in Japan in the mid-1960s. The exigencies of the... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143517/moving-times?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143517/moving-times?utm_source=rss_feed Wed, 02 May 2018 07:41:22 +0000 [Sponsored Article] Over the past 20 to 30 years, the local finance industry has played a major part in building Hong Kong’s reputation as Asia’s world city, says Dato’ Seri Cheah Cheng Hye, Chairman of asset management company Value Partners and a member of the HKUST Business School Advisory Council. Now that more employers are recognizing that it makes good business sense to increase diversity in the workplace, the finance sector is welcoming more and more professionals from a range of... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143520/room-all?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143520/room-all?utm_source=rss_feed Wed, 02 May 2018 07:40:58 +0000 [Sponsored Article] The results speak for themselves. Fosun International, a multinational company, with its roots in China, has a strong track record of making overseas acquisitions, accelerating the growth of subsidiaries and generating significant returns. What the world does not usually see is its philosophy to manage its rapid-growing business portfolio across five continents. We sat down with Mr Xu Xiaoliang, Executive Director and Co-president of Fosun International, to find out about its... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143521/global-perspective?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143521/global-perspective?utm_source=rss_feed Wed, 02 May 2018 07:40:28 +0000 [Sponsored Article] HKUST Business School outstanding female alumni discuss equality in the workplace The HKUST Business School boasts a list of impressive female business leaders and entrepreneurs among its alumni. Four of them share their thoughts on gender diversity in leadership positions, the opportunities and challenges faced by talented women, and the approaches that have made them successful in their careers. They are Christine Ip (HKUST MBA alumna), CEO - Greater China of United... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143522/women-leading-way?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143522/women-leading-way?utm_source=rss_feed Wed, 02 May 2018 07:40:05 +0000 [Sponsored Article] Successful businesses in the Asia-Pacific region are employing increasingly diverse workforces, and putting diversity and inclusion policies in place to support such employees, according to surveys by Aon Hewitt, a global human resources outsourcing and consulting firm. According to Mary Yu, Head of Talent Solutions at Aon Hewitt and also HKUST MBA alumnus, her company’s studies together with a range of surveys by other organizations, form a solid business case for actively... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143525/business-case-diversity?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143525/business-case-diversity?utm_source=rss_feed Wed, 02 May 2018 07:39:39 +0000 [Sponsored Article] Making Hong Kong a fairer place takes time. It was only in 1996 that the city’s women won the right to the statutory paid holidays already enjoyed by men, with the introduction of the Sex Discrimination Ordinance. The government-funded Equal Opportunities Commission (EOC) was established the same year. Since then, the commission has worked hard to promote equality of opportunity and an inclusive community. “I think the most important landmarks in Hong Kong’s efforts to... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143526/levelling-lifes-playing-field?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143526/levelling-lifes-playing-field?utm_source=rss_feed Wed, 02 May 2018 07:39:18 +0000 [Sponsored Article] Besides being the spice of life, variety, in the form of demographic diversity, is an important field of research. Pointing to a key finding, Professor Gong Yaping, Head of the Business School’s Department of Management, says: “Diversity provides teams and organizations with upside potential, but the realization of that potential is dependent on how it’s managed.” In the course of his career, Professor Gong has seen significant progress made in the accommodation of... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143527/unleashing-diversitys-potential?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143527/unleashing-diversitys-potential?utm_source=rss_feed Wed, 02 May 2018 07:39:02 +0000 [Sponsored Article] The HKUST Business School has provided a dynamic and supportive working environment for faculty to develop intellectually and professionally, contributing to the economic and social advancement of Asia. As a magnet for some of the brightest minds, the School has welcomed 14 young and aspiring scholars. They represent a highly diverse mix of faculty from different leading universities and countries including Mainland China, India, Japan, South Korea, and the US. The School’s... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143530/welcome-onboard-14-young?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143530/welcome-onboard-14-young?utm_source=rss_feed Wed, 02 May 2018 07:38:45 +0000 [Sponsored Article] With the increase in global connectivity, the ability to work and communicate effectively with people from diverse cultural backgrounds is seen as an important asset. What factors might help to build this asset? Imagine that you need to build a project team to work on integrating artificial intelligence with business analytics. Suppose that you have all the resources that you need to attract the brightest minds from around the world to join your team. What might affect the... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143541/mindset-matters-cultural-mindset?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143541/mindset-matters-cultural-mindset?utm_source=rss_feed Wed, 02 May 2018 07:38:21 +0000 [Sponsored Article] Despite a strong push for gender equality, women are still lagging behind men in many important aspects. How do we break gender stereotypes and what are their impacts on gender equality in our workplace? In Hong Kong, despite similar levels of educational attainment and labor participation rates for men and women, there are still noticeable differences between the genders in terms of salaries and holding of leadership positions. According to the 2016 Hong Kong Census, the... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143542/men-are-mars-women-are-venus?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143542/men-are-mars-women-are-venus?utm_source=rss_feed Wed, 02 May 2018 07:38:06 +0000 [Sponsored Article] On 5 August 2017, a memo titled “Google’s Ideological Echo Chamber” described by some observers as an “anti-diversity screed” went viral. The memo[1], written by a software engineer then working at Google, argued that “the distribution of preferences and abilities of men and women differ in part due to biological causes and that these differences may explain why we don’t see equal representation of women in tech and leadership.” Therefore, he argued, Google’s high-profile... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143544/do-investors-value-diversity?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143544/do-investors-value-diversity?utm_source=rss_feed Wed, 02 May 2018 07:37:50 +0000 [Sponsored Article] In many organizations, teams perform complex and knowledge-intensive decision-making and problem-solving tasks. Such tasks commonly require diverse expertise and knowledge, and work teams are often formed with an eye toward harnessing the diverse skills, experience, and knowledge of members to produce high-quality solutions. But it is not always clear how teams can best use the diverse expertise of their members to perform at high levels. My research shows that a key way of... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143546/expertise-diversity-and-team?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143546/expertise-diversity-and-team?utm_source=rss_feed Wed, 02 May 2018 07:37:34 +0000 [Sponsored Article] Increasing globalization has created opportunities to cross cultural boundaries when inventing products, engaging in business activities, and building teams. How do people perceive cultural trespassing, and judgments of the crossing of cultural borders as inappropriate? Previous research has shown that exposure to foreign influences can concern people, heightening negative reactions and feelings of being under threat.  However, we still know relatively little about how people... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143548/power-diversity-ideologies?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143548/power-diversity-ideologies?utm_source=rss_feed Wed, 02 May 2018 07:37:18 +0000 [Sponsored Article] An internship can provide the all-important building blocks for developing a future career. The process can include learning through practical experience, gaining insights into industry trends, and forming the first threads of a professional network. Chairman of Value Partners Group, Dato’ Cheah Cheng Hye, and CEO - Greater China of the United Overseas Bank (UOB), Mrs Christine Ip, explain how internships can provide a valuable learning curve for students and make a big... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143550/inside-track?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143550/inside-track?utm_source=rss_feed Wed, 02 May 2018 07:36:52 +0000 [Sponsored Article] It may be the era of disruptive technologies, but few industry sectors have experienced an impact as far-reaching as that of fintech on the finance sector. A growing number of leading fintech companies are based in Hong Kong, and the city has positioned itself as Asia’s premier fintech hub for start-ups, accelerators, incubators and investors. It is vital for Hong Kong to develop its own pool of talent to drive the industry forward, and this will open the way for a diverse... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143552/fostering-new-fintech-talent?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143552/fostering-new-fintech-talent?utm_source=rss_feed Wed, 02 May 2018 07:36:34 +0000 [Sponsored Article] Zooming In on Choice: How Do Consumers Search for Cameras Online? BRONNENBERG, Bart J. | KIM, Jun | MELA, Carl F. Marketing Science, 35(5):693-712. Price is usually the main objective of search for homogenous products such as books. However, considerably less is known about the more complex process of searching for differentiated products such as consumer durables goods. Bart J. Bronnenberg, Jun B. Kim and Carl F. Mela set out to close this gap by studying online consumers’... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143615/zoom-online-choice?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143615/zoom-online-choice?utm_source=rss_feed Wed, 02 May 2018 07:35:58 +0000 [Sponsored Article] Learning about Mutual Fund Managers CHOI, Darwin | KAHRAMAN, Bige | MUKHERJEE, Abhiroop Journal of Finance 71 (6), 2809-2859, December 2016 Mutual funds are important investment vehicles for many households.  When these households invest in a fund, their capital is pooled and entrusted to a professional fund manager; this manager is responsible for growing his clients’ money by investing in stocks, bonds and other assets. Understandably, therefore, the choice of fund manager... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143616/are-we-choosing-right-fund?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143616/are-we-choosing-right-fund?utm_source=rss_feed Wed, 02 May 2018 07:35:42 +0000 [Sponsored Article] Why Are Abusive Supervisors Abusive? A Dual-system Self-control Model LIANG, Lindie H | LIAN, Huiwen | BROWN, Douglas J | FERRIS, D. Lance | HANIG, Samuel | KEEPING, Lisa M. Academy of Management Journal, 59: 1385-1406 Why are abusive supervisors abusive? Why do they yell, insult or demean their subordinates? This is an issue that all organisations should be considering because supervisory abuse can result in decreased productivity and employee well-being, and increased legal... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143619/acts-hostility?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143619/acts-hostility?utm_source=rss_feed Wed, 02 May 2018 07:35:22 +0000 [Sponsored Article] Interbank Market Freezes and Creditor Runs LIU, Xuewen Review of Financial Studies , 2016, 29 (7), 1860 - 1910 Systematic creditor runs on financial institutions were a salient feature of the 2007-2009 financial crisis. Short-term creditors rushed for the exit and liquidity evaporated abruptly. The modern-day bank runs that occurred in the shadow banks (non-bank financial intermediaries) vividly illustrated how liquidity could suddenly dry up. Xuewen Liu has developed a model... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143620/why-small-shock-can-turn?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143620/why-small-shock-can-turn?utm_source=rss_feed Wed, 02 May 2018 07:34:47 +0000 [Sponsored Article] Thematic Issue on Corporate Social Responsibility: Corporate Social Responsibility: An Overview and New Research Direct GEORGE, Gerard | TAKEUCHI, Riki | TONG, Li | WANG, Heli Academy of Management Journal 2016, Vol. 59, No. 2, 534 – 544. The idea of corporate social responsibility (CSR) – businesses bearing a responsibility to society and a broader set of stakeholders beyond its shareholders – gained currency in the 1960s. While there has been debate on whether it was... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143621/where-take-csr-research?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143621/where-take-csr-research?utm_source=rss_feed Wed, 02 May 2018 07:34:26 +0000 [Sponsored Article] Cybercrime Deterrence and International Legislation: Evidence from Distributed Denial of Service Attacks HUI, Kai Lung | KIM, Seung Hyun | WANG, Qiu-Hong MIS Quarterly, 41, 2, June 2017, 497-523 Cybercrime costs firms and organisations money – equivalent to 1.5 per cent of a country’s GDP according to one estimate, and up to $100,000 per hour for retailers under attack according to another. The Convention on Cybercrime (COC) was unveiled in 2001 as the first international... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143623/global-co-operation-best-way?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143623/global-co-operation-best-way?utm_source=rss_feed Wed, 02 May 2018 07:33:59 +0000 [Sponsored Article] Directors’ and officers’ liability insurance and the cost of equity CHEN, Zhihong Journal of Accounting and Economics 61 (2016) Shareholder litigation is important to investor protection and stock market development because it encourages managers to be more transparent. But it also represents a risk to firms and their leaders, who may face allegations of wrongdoings such as breaching their fiduciary duties and violating securities law. Directors’ and officers’ (D&O) liability... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143624/how-directors-liability?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143624/how-directors-liability?utm_source=rss_feed Wed, 02 May 2018 07:33:32 +0000 [Sponsored Article] Service Systems with Experience-Based Anecdotal Reasoning Customers HUANG, Tingliang | CHEN, Ying-Ju Production and Operations Management, 24(5), 2015 778 - 790 On the phone trying to get through to a call center, queuing at an ATM… it’s all a part of daily life. But how do potential customers deal with this? Do they decide to join the queue? Do they switch to an alternative service provider that offers a shorter waiting time? On what do they base their decision? Uncertainty... https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143626/queue-or-not-queue-new-model?utm_source=rss_feed https://www.scmp.com/presented/business/topics/hkust-biz-school-magazine/article/2143626/queue-or-not-queue-new-model?utm_source=rss_feed Wed, 02 May 2018 07:32:56 +0000