Publications - Peking University HSBC Business School(PHBS)

Publications

Broker Monitoring of Premium Adequacy: the Role of Contingent Commissions

Mark J. Browne, Lan Ju, Zhiyong Tu

ARTICLE | Applied Economics | Vol. 46, 2014

Contingent commissions, which are payments made by an insurer to brokers based on the volume and profitability of insurance placed with the insurer, have been criticized as damaging to the relationship between the insured and its broker...

Keywords: Contingent Commission, Insurance Underwriting Cycle
The Three Faces of China: Strategic Alliance Partner Selection in Three Ethnic Chinese Economies

David Ahlstrom, Edward Levitas, Michael A. Hitt, M. Tina Dacin, Hong Zhu

ARTICLE | Journal of World Business | Vol. 49, 2014

It is generally understood that firm strategy is linked to both internal firm resources and external, competitive industry forces...

Keywords: Strategy, Strategic alliances, Institutional theory, Culture, China, Taiwan, Hong Kong, Policy capturing
Bank Finance Heterogeneity in China: Micro-Level Evidence

Chunyang Wang, Tianran Niu

ARTICLE | Applied Economics Letters | Vol. 21, No. 2, 2014

This article finds that there is a nonlinear relationship between a city’s development level and a bank’s impact on firm performance in China, by using firm level data...

Keywords: Bank Finance, Firm Growth, Regional Difference, China
The Two-sided Weibull Distribution and Forecasting Financial Tail Risk

Qian Chen, Richard H. Gerlach

ARTICLE | International Journal of Forecasting | Vol. 29, 2013

A two-sided Weibull is developed to model the conditional nancial return distribution, for the purpose of forecasting Value at Risk (VaR) and conditional VaR...

Keywords: Two-sided Weibull, Value-at-Risk, Expected shortfall, Back-testing, Global financial crisis, Volatility　
Emerging Impact of Chinese Commodity Futures Market on Domestic and Global Economy

Zhiyong Tu, Min Song, Liang Zhang

ARTICLE | China & World Economy | Vol. 21, 2013

In this paper we construct a set of indices that capture the special features of the Chinese commodity futures market for the period from January 2000 to December 2011 to analyze the general properties of China’s commodity futures market...

Keywords: Chinese commodity futures, Property
Bailouts and Bank Runs: Theory and Evidence from TARP

Chunyang Wang

ARTICLE | European Economic Review | Vol. 64, 2013

This paper develops a global game model of information based bank runs to analyze how the announcement of bailouts affects investors’ bank run incentives...

Keywords: Bailout, Bank run
Wage Inequality and Performance in Nonprofit and For-Profit Organizations

Darla J. Hamann, Ting Ren

ARTICLE | Nonprofit Management & Leadership | VOL. 24, WINTER 2013

This article examines the effects of several forms of wage inequality on service quality and employee effort We suggest that two popular theories, tournament and fair wage equity, are not necessarily competing...

Keywords: Wage inequality, Organizational performance, Nonprofit organizations, for-profit organizations, Tournament theory, Fair-wage theory
Smoking Behaviours and Cessation Services Among Male Physicians in China: Evidence From a Structural Equation Model

Huang, Cheng*; Guo, Chaoran; Yu, Shaohua; Feng, Yan; Song, J

ARTICLE | Tobacco Control | Vol. 22, 2013

Objective To investigate smoking prevalence and cessation services provided by male physicians in hospitals in three Chinese cities...

Keywords: Smoking behaviours, Cessation services
The Multi-Market Analysis of A Housing Price Transmission Model

Juan Yang, Huawei Liu, and David J. Leatham

ARTICLE | Applied Economics | Vol. 45, 2013

In this article, we examine dynamic relationships among housing prices from four firsttier cities in China from December 2000 to May 2010 and present an equilibrium model of housing price in multi-markets...

Keywords: ECM, DAG, Housing price dynamics　
The Decision to Purchase A Manufactured Home: A Nested Logit Model of Determinants

Yu Zhou

ARTICLE | International Journal of Housing Policy | Vol. 13, No. 3, 2013

This paper attempts to identify the drivers behind households’ decision to purchase a manufactured home rather than buy a traditional house or rent...

Keywords: Manufactured Housing, Homeownership, Nested Logit, The United States
The Influence of Dispositional Affect and Cognition on Venture Investment Portfolio Concentration

Chien Sheng Richard Chan, Haemin Dennis Park

ARTICLE | Journal of Business Venturing | Vol. 28, 2013

We explore howan investor s dispositional affect and cognitive style influence venture investment portfolio concentration...

Keywords: Venture investment decisions, Dispositional affect, Cognition
The Effects of Legacy Organization Culture on Post-Merger Integration

Terrill Frantz* & KM Carley

ARTICLE | Nonlinear Dynamics Psychology and Life Sciences | Vol. 17, 2013

We explore the relationship between the characteristics of pre-existing organization cultures and post-merger integration dynamics;...

Keywords: Post-merger integration, Organizational dynamics
Customer Portfolio Composition and Customer Equity Feedback Effects: Student Diversity and Acquisition in Educational Communities

Michael Lewis, Debanjan Mitra, Yeujun Yoon

ARTICLE | Marketing Letters | Vol. 24, 2013

Researchers in marketing have long recognized that current populations of customers can influence the behavior of prospective customers...

Keywords: Customer equity, Student diversity
Sectoral Differences in Value Congruence and Job Attitudes: The Case of Nursing Home Employees

Ting Ren

ARTICLE | Journey of Business Ethics | 2013

These ﬁndings suggest inconsistency with conventional wisdom of proﬁling employee value according to organizational ownership type...

Keywords: For-profit organizations, Job attitudes,Nonprofit organizations, Nursing homes, Sectoral difference, Value congruence
Ownership and Quality in Markets with Asymmetric Information: Evidence from Nursing Homes

Avner Ben-Ner, Pinar Karaca-Mandic, Ting Ren

ARTICLE | The B.E. Journal of Economic Analysis & Policy | Vol. 12, 2012

The ownership and governance of for-profit (FP), nonprofit (NP), and local government (LG) organizations are different...

Keywords: Ownership, Quality, Asymmetric information, Nursing homes, for-proﬁt ﬁrms, Nonproﬁt organizations, Local government organizations　
Reinsurance Purchases, Contingent Commission Payments and Insurer Reserve Estimation

Mark J. Browne, Lan Ju, Yu Lei

ARTICLE | The Geneva Papers | Vol. 37, 2012

Prior studies on errors in reserve estimation suggest that insurers manage loss reserves to achieve corporate goals, including tax minimisation and income smoothing...

Keywords: Reserve errors, Reinsurance, Contingent commissions, Tax minimisation
A Unique 'T+1 Trading Rule' in China: Theory and Evidence

Ming Guo, Zhan Li, Zhiyong Tu

ARTICLE | Journal of Banking & Finance | Vol. 36, 2012

Unique to the world, China adopts a ‘‘T + 1 trading rule’’, which prevents investors from selling stocks bought on the same day We develop a dynamic price manipulation model to study the effects of the ‘‘T + 1 trading rule’’...

Keywords: T + 1 Trading rule, Trading Volume, Volatility, Trend-chasing
A Sectoral Comparison of Wage Levels and Wage Inequality in Human Services Industries

Avner Ben-Ner, Ting Ren, and Darla Flint Paulson

ARTICLE | Nonprofit and Voluntary Sector Quarterly | 2011

The authors explore differences among for-profit, nonprofit, and local government organizations in wage levels and inequality...

Keywords: Wages, Wage inequality, Nonprofit and for-profit comparison, Local government, Human services
Female Participation in TMT and Firm Performance: Evidence from Chinese Private Enterprises

Ting Ren, Zheng Wang

ARTICLE | Nankai Business Review International | Vol. 2 No. 2, 2011

Purpose – This paper proposes an examination of the relationship between female participation in top management teams and firm performance in the emerging Chinese private economy...

Keywords: Women executives, Company performance, Human capital, Senior management, Private sector organizations, China
Lavish Returns on Cheap Talk: Two-way Communication in Trust Games

Avner Ben-Ner, Louis Putterman, Ting Ren

ARTICLE | The Journal of Socio-Economics | Vol. 40, 2011

We conduct trust game experiments in which subjects can sometimes exchange proposals either in numerical (tabular) form, or using chat messages followed by exchange of numerical proposals...

Keywords: Trust game, Trust, Trustworthiness, Reciprocity, Commitment, Communication, Cheap talk
A Re-examination of the Relation Between Democracy and International Trade

Christopher Balding

ARTICLE | Journal of International Trade & Economic Development | Vol.20,2011

Scholars and policy makers believe that democracy will bring prosperity through integration into the global economy via increased international trade...

Keywords: Bilateral trade, Developing countries, Governance, gravity model, Liberalization, Trade policy
A Comparative Study of Allocation of Decision-making across Stakeholders Groups: the Case of Personal Care Industries

Avner BEN-NER, Ting REN

ARTICLE | Annals of Public and Cooperative Economics | 2010

The article compares the allocation of decision-making across stakeholder groups in for-profit, nonprofit and local government personal care facilities in one state in the United States...

Keywords: Allocation of Decision-making, Stakeholders Groups, Personal Care Industries
On the Determinants of House Value Volatility

Yu Zhou and Donald R. Haurin

ARTICLE | JRER | Vol. 32, 2010

Few studies have analyzed the determinants of house value volatility at the level of individual houses...

Keywords: House Value Volatility
A Modest Proposal for a Two-Sided Market Clearing Institution under Asymmetric Supply Constraints with Skewed Pricing: The Market for Adoption and Abortion in the United States

Christopher Balding

ARTICLE | Journal of Public Economic Theory | Vol.12,2010

This paper presents a theoretical model matching the potential supply of terminated pregnancies with the total demand for children within certain modeling constraints...

Keywords: Terminated pregnancies,Exogenous preference formation
What Determines Employment Opportunity for College Graduates in China after Higher Education Reform?

Tao Li, Juyan Zhang

ARTICLE | China Economic Review | Vol. 21, 2010

Using the 2005 placement data from two separate colleges, this paper studies graduate job allocation in China after higher education reform...

Keywords: Employment, Graduate, GPA

First Previous

PageNumber 6 / 7

Next End