What lessons can we learn from Chinese Executives doing business in China? What are their secrets to success? CEIBS Professor of Management Juan Antonio Fernandez shares the results of the latest 2011 Chinese Executives Survey.
A few days before its launch on September 13, Co-Director Prof. George Yip explains the goals of CEIBS Centre on China Innovation, and how success will be measured, during a brief chat with CEIBS Senior Manager for External Communications Charmaine N. Clarke.
In a May 26 lecture at the CEIBS Beijing Campus, Romano Prodi, CEIBS Sino-Europe Dialogue Chair, former Prime Minister of Italy and former President of the European Commission shares his views on how global changes in productivity, wages and salaries, commodities prices and trade flows will soon make the Chinese market one of the most important strategic destinations for goods produced in China.
China's CPI for January came in at 4.9%, a shade under the forecasted figure of 5%. This was the first set of figures released since the government adjusted the CPI weights to put more emphasis on rent and less on food. CEIBS Professor of Economics and Finance and Department Chair for Economics and Decision Sciences, Dr Xu Bin, examines what this calculation change means -- in real terms.
The International Journal of Accounting
We test for differences in financial reporting quality between companies that are required to file
periodically with the SEC and those that are exempted from filing reports with the SEC under
Rule 12g3-2(b). We examine three earnings quality measures: conservatism, abnormal accruals,
and the predictability of earnings. Our results, for all three measures, show improved financial
reporting quality for companies that file with the SEC than for those that are exempt from filing
requirements; this difference in financial reporting quality can lead investors to question why the
SEC allows the exemption (and is currently discussing expanding the exemption) when one of
the primary goals of the SEC is the protection of US investors.
The Journal of World Investment & Trade
Cultural, institutional, and psychic distances between countries are critical determinants of bilateral trade. In this paper we examine if ethical distance and difference between an exporting country and an importing country matter in international trade. Ethics in international trade is important because purchasing, exports, marketing and sales activities are more likely to involve unethical behaviors like bribery and corruption. The focus of the paper is on the similarities and differences in ethical behaviors between a trade dyad (an importing and an exporting country). We ask if variations in perceived ethics among the protagonists help or hinder bilateral trade. More specifically, we examine if countries that are ethical trade more or less with other similar countries. Using data from 53 countries that participated in the World Values Survey, we show that the closer the ethical distance between countries the greater the trade. We also find that the ethicality of importers matter more than exporters as a determinant of bilateral trade.
Determinants of International Trade
Dr. Pedro Nueno, CEIBS President and Chengwei Ventures Chair Professor of Entrepreneurship, draws upon real life examples in this discussion about how family businesses can transform themselves. He was speaking at the 1st Annual Family Business & Family Wealth Forum, hosted by CEIBS and Tsinghua Kaifeng Family Heritage Centre on July 1.