Financial technology is transforming the world of financial services. Using big data analytics to enhance decision-making in areas such as portfolio and risk management has become a top priority for many financial institutions. Thanks to HKUST’s Yi Yang and co-researchers, institutions and investors now have a novel system for predicting financial risk that ... 閱讀更多

Managerial duties are increasingly fulfilled by artificial intelligence (AI). This may cause difficulties in roles requiring high emotional engagement, according to HKUST’s Mingyu Li and T. Bradford Bitterly. Lacking empathy, AI is viewed as less benevolent and trustworthy than humans, highlighting the need for organizations to deploy it carefully. As the AI ... 閱讀更多

Performance targeting—setting short-term financial goals—is pervasive in today’s financial markets, but it may come at a cost. HKUST’s Emilio Bisetti and a colleague explore how public banks strategically alter their deposit pricing strategies when they face pressure to meet earnings per share (EPS) targets. “The general consensus is that, by encouraging ... 閱讀更多

In the quest for romance, some individuals turn to luxury consumption as a powerful signal of social status. This phenomenon has been widely validated among men, but little is known about the role of luxury purchasing in women’s romantic endeavors. HKUST’s Qihui Chen and colleagues conceptualize a “mate screening motive” that explains how women use luxury ... 閱讀更多

Property rights are core pillars of economic systems, influencing investment decisions by providing legal assurances that ownership will be protected and respected. However, questions remain about their specific relationship with economic outcomes. Helping to answer these questions, Allen H. Huang of HKUST and two colleagues investigate the importance of ... 閱讀更多

HKUST’s Jiatao Li is the chief author of a thoughtful and insightful commentary on the social responsibility of online platforms. Prof. Li’s paper, co-written with international collaborators, explores how the growing reach of multinational platforms (MNPs) necessitates new ways of thinking about ethical governance, transcending traditional frameworks ... 閱讀更多

Cumulative innovation—building on existing ideas to create new innovations—is key to technological and economic development. Unsurprisingly, the process is geographically localized: innovations tend to be developed by innovators located nearer to their predecessors. Yet research has thus far failed to account for the strengthening of this effect in recent ... 閱讀更多

User reviews are an essential source of information for consumers, exerting a considerable influence on purchase decisions. In general, reviews rated as more helpful exert a greater influence downstream. But how do the linguistic characteristics of a review affect its helpfulness? Thanks to HKUST’s Sang Kyu Park and two colleagues, marketers now have fresh ... 閱讀更多

Multinational banks (MNBs) play a critical role in promoting international business and maintaining the stability of the global financial system. Offering policy implications for regulators worldwide, Tai-Yuan Chen and Mingyi Hung of HKUST, working with a colleague, show how the reporting transparency of MNBs (which operate extensively across borders) is ... 閱讀更多

For business-to-business (B2B) service providers, securing loyal customers—a critical asset for any firm—remains challenging. This is especially true for B2B logistics, a major sector of the U.S. economy, which has experienced major stress amid de-globalization, COVID-19, and the move to online marketplaces. In a timely study responding to the affordances of ... 閱讀更多