Faculty & Research

  • Dean Liu Qiao Underlines Structural Issues in Analysis of China's Mid-year Data

    As semi-annual data highlights China's continued post-Covid-19 recovery, Guanghua's Dean Liu Qiao reviews the trio of investment, import and consumption as primary growth-driving forces and recommends policies to address structural issues in the later half.

    Jul 19, 2021

  • Housework Politics: A Deeper Look into Couples’ Purchase Intention

    Mundane as it is, housework is often the trigger of existential debates among married couples. Guanghua professor Fu Guoqun studies the connection between couples’ division of labor and their intention to buy home appliances, explaining why adverts stressing housekeeping hardships are more effective.

    Jul 15, 2021

  • Professor Calls for Scientific Evaluation System for China’s Rural Vitalization

    Recently, China has set its sights on boosting rural development and accelerating modernization of agriculture and rural areas. Professor Tang Yao proposes that we need new measurement standards and evaluation system to gauge progress and development that takes into consideration each region’s unique strength and characters.

    Jul 7, 2021

  • Imitation, Innovation, and Technological Complexity: Foreign Knowledge Spillovers in China

    ​Professor Han Pengfei collaborated with his peers to examine the phenomenon of foreign knowledge spillovers in China. In this study, the team found that over time, Chinese firms have gained leadership over foreign firms in China both in terms of production and patenting. However, while foreign firms have lost market leadership in low-tech (simple) industries, they have maintained strong leadership in high-tech (complex) industries. Exploring foreign knowledge spillovers using patent citations data, the team also shows that only firms in low-tech (simple) industries eventually decrease their reliance on foreign knowledge for innovation. The findings suggest that imitation is a path to indigenous innovation only in low-tech (simple) industries and point to the need of industry-specific policies.

    Jun 29, 2021

  • Economic Watch: China kicks off REIT market with 9 infrastructure products

    While many are concerned with Public REITs, or real estate investment trusts, recently, Professor Zhang Zheng from Guanghua School of Management, who focuses on Empirical Asset Pricing, Behavioral Finance, Risk Management, Wealth Management, Private Equity and Venture Capital, believes Public REITS can diversify investors’ asset allocation, as real estate are loosely correlated with other financial assets such as stocks and bonds. More Insights

    Jun 8, 2021

  • Stakeholder Preservation or Appropriation? The Influence of Target CSR on Market Reactions to Acquisition Announcements

    Professor Tong Li, along with other researchers, examine how target corporate social responsibility affects the economic gains for acquirers, as reflected in market reactions to an acquisition announcement, from two distinct perspectives: stakeholder preservation versus stakeholder appropriation. This study was published in the Academy Management Journal in 2020.

    Jun 1, 2021

  • Intertemporal Segmentation via Flexible-Duration Group Buying

    ​Professor Zhai Xin and her teams worked to uncover the mechanism behind flexible-duration group buying, where group buying succeeds only if the number of sign-ups reaches a present threshold, with no duration constraint. This article appeared on Manufacturing & Service Operations Management in 2020.

    May 20, 2021

  • Dare to be different? Conformity vs. differentiation in corporate social activities of Chinese firms and market responses

    In this research, Professor Yanlong Zhang and his team explores the effects of conformity and differentiation in corporate social responsibility (CSR) practices on the evaluations by security analysts and the responses of the financial market in general. This article appeared on Academy of Management Journal in 2020.

    May 19, 2021

  • China Should Better Adapt to Population Challenges

    Professor Tang Yao discussed his insights with China Daily on maintaining the reasonable population growth and demographic changes, as China arrives at the crossroads of industrialization and facing daunting challenges, such as an aging population and declining fertility rates.

    May 12, 2021

  • Narrow the Gap: Thoughts on Wealth Inequality

    More public funds needed to adjust primary income distribution and improve well-being of low-income households. Although Chinese residents' incomes have seen remarkable growth, uneven distribution which has escalated in recent years remains to be addressed.

    May 5, 2021

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