China

CSR has been a foreign concept for Chinese firms. It was first introduced into the Chinese Corporate Law in 2006. Yet, many companies lack of adequate knowledge of CSR and also the institutional support such as NGOs were also underdeveloped. At the early stage, how did companies engage in CSR activities? We find that small and medium sized companies ... 阅读更多

Since the market reform of 1978, China has seen phenomenal economic growth; however, this has come at the cost of significant environmental damage and rising social inequality. As such, the 2004 campaign of “Building a Harmonious Socialist Society” has become a key party resolution and government objective. Ultimately, China places maintaining social ... 阅读更多

Firms’ survival often depends on their political participation, such as campaign donations and lobbying efforts. This is especially true in emerging markets, where the government has tight control of the economy and society. However, the success of firms’ political strategies hinges on what politicians think about interacting with the business sector. Are ... 阅读更多

Recently, the amount of outward foreign direct investment from emerging economies has been growing at a rapid pace, with numerous state-owned enterprises (SOEs) being part of the process. State ownership affects not only the resources a company can access and its motivations, it also impacts its opaqueness, i.e., the unavailability of credible, firm-level ... 阅读更多

The authors in this study develop a theoretical framework in which the disclosure of Corporate Social Responsibility (CSR) activities is viewed as an organizational response to institutional complexity which exists between the demands of the central government and provincial governments in China. The study aims at revealing how firms with institutional ... 阅读更多

Evidence-based studies reveal why China and most Belt and Road countries remain committed to pursuing greater economic integration even with the forces of deglobalization in the form of the US-China trade war and ongoing geopolitical tussles. By Chair Professor Albert PARK, Head, Department of Economics at HKUST Business School China’s Belt and Road ... 阅读更多

To drive globalization, the Belt and Road Initiative must establish a narrative that inspires stakeholders in China and beyond. By Chair Professor Jiatao LI, Lee Quo Wei Professor of Business, Department of Management at HKUST Business School The world is at a crossroads. Globalization — the deepening integration of economies and markets — is facing a ... 阅读更多

China and the US should explore every avenue to avoid a conflict which will lead to human tragedy. By Professor QI Ye, Director of the Institute for Public Policy at HKUST Cooperation in technological innovation is desperately needed to face the eminent challenge of the coronavirus pandemic and the deadly threat of global climate change. Yet it is easier ... 阅读更多

The recent turbulent years have led to new challenges for global supply chain management, but with proactive mechanisms in place, corporates can minimize the impact and scale of disruptions. By Professor CHEUNG Ki Ling, Department of Information Systems, Business Statistics & Operations Management at HKUST Business School Soon after the start of the ... 阅读更多

Building on the search-based view of innovation, we develop a framework regarding how Google guides innovative search behavior. We exploit an exogenous shock, China's unexpected blockade of Google in 2014, and adopt a difference-in-differences approach with a matched sample of patents from China and nearby regions to test our predictions. Our analyses show ... 阅读更多