Leverage and Asset Prices: An Experiment
​We test the asset pricing implications of collateralized borrowing (that is, using assets as collateral to borrow money) in the laboratory

Daniel Houser, George Mason University

Wednesday, November 15, 2017 | 2:00pm-3:30pm |Room 337, HSBC Business School Building

Keywords: Leverage, Asset prices

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Inner-Self vs. Outer-Self: Demystifying the Process of Corporate Social Responsibility Product Consumption
We investigate the process of CSR product consumption In particular, we study how two individual characteristics, self-esteem and status seeking, are related with the purchase intention of CSR products through brand equity and self-enhancement

Jaewoo Joo, Kookmin University

Thursday, November 16, 2017 | 2:00pm-3:30pm |Room 337, HSBC Business School Building

Keywords: Corporate social responsibility (CSR), Self-esteem, Status seeking, Brand equity, Self-enhancement

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Asset Bubbles and Monetary Policy
We provide an infinite-horizon model of rational asset bubbles in a dynamic new Keynesian framework

Pengfei Wang, Hong Kong University of Science and Technology

Thursday, November 16, 2017 | 10:30am-12:00pm |Room 337, HSBC Business School Building

Keywords: Asset bubble, Monetary policy, Dynamic New Keynesian model, Credit constraints, Multiple equilibria, Sentiment

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Industrial Upgrading, Structural Change, and Middle Income Trap
We show that laissez faire market equilibrium is not necessarily Pareto efficient because of two sources of pecuniary externality

Yong Wang, Peking University

Wednesday, November 8, 2017 | 3:30pm-5:00pm |Room 331, HSBC Business School Building

Keywords: Industrial upgrading, Structural change, Middle-Income trap, Labor market, Chinese economy, Economic growth, Industrial policies

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Employee Skip-Level Voice and Direct Supervisors’ Responses: An Organizational Territoriality Perspective
We examine how direct supervisors react to a special form of voice, skip-level voice, which refers to employees’ voice behavior toward higher-level leaders while skipping over their direct supervisors

Wu Liu, Hong Kong Polytechnic University

Wednesday, November 8, 2017 | 2:00pm-3:30pm |Room 337, HSBC Business School Building

Keywords: Direct supervisors, Organizational territoriality, Skip-Level voice

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Corporate Transparency and CEO Compensation Contracts: Evidence from SFAS No. 131
Given the inability of shareholders to observe hidden managerial actions, agency theory suggests that tying CEO pay to firm performance mitigates agency problems

Hojun Seo, National University of Singapore

Wednesday, November 1, 2017 | 2:00pm-3:30pm |Room 337, HSBC Business School Building

Keywords: Corporate transparency, SFAS 131, Segment disclosures, Agency costs, Compensation contracts, Pay-Performance relations

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Innovation Awards, Product Segmentation, and Stock Returns
This paper connects product segmentation to systematic risk through a prestigious innovation award: R&D 100 Award

Po-Hsuan (Paul) Hsu, University of Hong Kong

Wednesday, October 25, 2017 | 2:00pm-3:30pm |Room 335, HSBC Business School Building

Keywords: Innovation awards, Product segmentation, Stock returns

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Matching Supply With Demand For Online Retailing
We consider an online retailer selling multiple products over a multi-period setting At the start of each period, the retailer replenishes her products from multiple suppliers

Yun Fong LIM

Thursday, October 12, 2017 | 2:00pm-3:30pm |Room 335, HSBC Business School Building

Keywords: Matching supply, Online retailing

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A Positional View of Firms’ Reactions to Rankings: Rank Categories and Firm Actions Induced by Category Boundaries
To understand organizations’ reactions to popular rankings, this study elaborates a positional view that an organization’s ranking position motivates its reactions

Zhi Huang, University of Kentucky

Wednesday, October 11, 2017 | 2:00pm-3:30pm |Room 335, HSBC Business School Building

Keywords: Rank categories, Firm actions

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The Paradox of Relationship Governance: Integrating Dyadic and Network Perspectives
Marketing channel literature has yet to examine firms’ strategy to diversify relationships in addition to maintaining existing relationships

Jeff Jianfeng Wang, City University of Hong Kong

Wednesday, October 11, 2017 | 10:30am-12:00pm |Room 331, HSBC Business School Building

Keywords: Relationship governance

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