The Science of Money
We will discuss three aspects of the application of scientific methods to finance: (1) Investment (2) Derivatives (3) Risk Management

Steven Kou, National University of Singapore

Thursday, September 4, 2014 | 3:20pm – 4:40pm |Room 335, HSBC Business School Building

Keywords: The Science of Money

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Does Dividend Policy Drive Earnings Smoothing?
This paper examines the earnings smoothing behavior of dividend-paying firms We show that dividend-paying firms engage in more earnings smoothing than non-payers through both real activities and accrual choices

Nan Liu, Indiana University South Bend

Wednesday, June 25, 2014 | 12:30pm - 2:00pm |Room 335, HSBC Business School Building

Keywords: Earnings smoothing, Dividend policy, Real earnings management; Accruals management, Earnings persis

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Epistemic Game Theory
The epistemic approach to game theory makes how players reason about a game a central feature of the theory

Adam Brandenburger, New York University

Monday, June 23, 2014 | 12:30pm - 2:00pm |Room 335, HSBC Business School Building

Keywords: Epistemics, Game theory

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Harnessing CEO Overconfidence
The literature posits that some CEO overconfidence benefits shareholders, though high levels may not In principle, adequate controls and oversight should harness the benefits of CEO overconfidence and mitigate its costs

Suman Banerjee, Nanyang Technological University in Singapore

Wednesday, June 18, 2014 | 2:00pm - 3:30pm |Room 335, HSBC Business School Building

Keywords: CEO Over-Confidence, Over-investment, Risk-taking, Quality of Investment, SOX, Firm performance

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Alliance Portfolio Configuration and Firm Performance: A Study of Resource Ambidexterity in the Global Airline Industry
We examine the performance consequences of partner resource ambidexterity in alliance portfolios

Sali Li, University of South Carolina

Tuesday, June 17, 2014 | 12:30pm - 2:00pm |Room 335, HSBC Business School Building

Keywords: Alliance Portfolio Configuration, Firm Performance

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Knowledge Flows in Transnational Contexts and Returnees’ Entrepreneurial Decision
By analyzing first-hand survey data of Chinese returnees, we find a positive relationship between new technologies brought back by returnees and the tendency to become entrepreneurs

Jiangyong Lu, Guanghua School of Management Peking University

Thursday, June 12, 2014 | 12:30pm - 2:00pm |Room 335, HSBC Business School Building

Keywords: Knowledge Flows, Returnees’ Entrepreneurial Decision

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Gains from Synergy or Foreign Ownership? Evidence from Foreign Direct Investment in China
Gains from Synergy or Foreign Ownership? Evidence from Foreign Direct Investment in China

Xiao Wang, University of North Dakota

Wednesday, June 11, 2014 | 2:00pm - 3:30pm |Room 335, HSBC Business School Building

Keywords: Synergy or Foreign Ownership, Foreign Direct Investment in China

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Imitator-to-Innovator Transformation: S-curve and Chasm
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Hongwu Ouyang, Peking University

Wednesday, June 11, 2014 | 12:30pm - 2:00pm |Room 335, HSBC Business School Building

Keywords: Imitator-to-Innovator Transformation: S-curve and Chasm

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Psychological Incentives, Financial Incentives, and Risk Attitudes in Tournaments: An Artefactual Field Experiment
Tournaments are widely used to assign bonuses and determine promotions Tournament-based compensation is motivating because of the link between relative performance and financial rewards

Charles Bram Cadsby, University of Guelph

Wednesday, June 4, 2014 | 2:00pm - 3:30pm |Room 335, HSBC Business School Building

Keywords: Psychological Incentives, Financial Incentives, Risk Attitudes in Tournaments

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You Scratch His Back, He Scratches Mine and I’ll Scratch Yours: Deception in Embedded Delegations
Classic agency theories in both economics and management literature focus on the isolated agent-principal duo without taking into account social contexts

Fei Song, Ryerson University

Wednesday, June 4, 2014 | 12:30pm - 2:00pm |Room 335, HSBC Business School Building

Keywords: Agency, Embeddedness, Decision-Making, Reciprocity, Deception

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