270th Seminar

Time/时间：6月18日（周五）上午10:00-11:30Venue/地点：Room 501, Jiageng Building 2/嘉庚二号楼501教室Topic/题目： Do business groups make more efficient employment decisions?Speaker/报告人：Dr. Jie DengAbstract/摘要：This paper examines how business group affiliation relates to labor investment efficiency. Specifically, we investigate whether the use of internal factor markets within business gro...

269th Seminar

Time/时间：6月11日（周五） 10:00-11:30腾讯会议号/Online Conference ID：975209561Topic/题目：股价与公司并购行为关系研究——基于“套利理论”与“信号理论”的双重视角Speaker/报告人：曾敏 博士研究生Facilitator/主持人：李常青 教授Abstract/摘要：最新的文献关注到了股价与并购之间的关系，但在到底是股价高估导致并购还是股价低估导致并购这个问题上没有达成共识。为此，本文以2007-2018年中国A股上市公司为样本，探...

268th Seminar

Time/时间：2021年6月4日 10:00-11:30Venue/地点：嘉庚二号楼501教室Topic/题目：Different Horizons: The Effects of Hedge Fund Activism versus Corporate Shareholder Activism on Strategic ActionsSpeaker/报告人：孙芝慧Facilitator/主持人：孙增元助理教授Abstract/摘要：How do firms alter their strategic actions when targeted by different types of activist shareholders? We argue that hedge fund activists ...

267th Seminar

Time/时间：2021-5-27（周四） 10:00-11:30amVenue/地点：嘉庚二号楼501教室Topic/题目：代际传承与家族企业多元化经营Speaker/报告人：彭晨宸Facilitator/主持人：罗进辉教授Abstract/摘要：中国的家族企业经过40多年的发展，已经进入了代际传承的高峰期，二代继承人的加入势必会对家族企业的经营带来不可忽视的影响。基于此，本文从企业的多元化经营视角出发，利用中国家族控股上市公司2003-2018年的13,124个年度观察样本数据...

266th Seminar

Time/时间：2021.05.21 10:10-11:40Venue/地点：嘉庚二号楼501教室Topic/题目：政府引导基金与中小企业发展——以创新型中小企业为例Speaker/报告人：严泽浩Facilitator/主持人：江芷倩助理教授Abstract/摘要：本文研究政府引导基金投资对中小企业发展的影响机制和作用效果，结果发现：政府引导基金的投资不仅可以增加中小企业的创新融资和研发投资强度，而且可以提升企业创新能力，表现为企业专利产出数量和质量的增加；进一步...

265th Seminar

Time/时间：2020.05.14 10:00am–11:30amVenue/地点：Room 501, Jiageng Building 2/嘉庚二号楼501教室Topic/题目： The Estate Tax andthe Payout Policy in Family FirmsSpeaker/报告人： Dr. So-Yeon Lim​Abstract/摘要： We examine how familyfirms’ incentive to minimize estate taxes affects payout policies. We hypothesize that family firmsare less likely to pay out than non-family firms in response to hi...

264th Seminar

Time/时间：2021/05/06 – 10:00-11:30 am (Beijing Time)Venue/地点：Room 501, Jiageng Building 2/嘉庚二号楼501教室Topic/题目： Societal Trust and Corporate Risk-Taking: International EvidenceSpeaker/报告人：Dr. Shan Li and Joseph Sowahfio SowahFacilitator/主持人：Dr. Shan LiAbstract/摘要:Prior findings on the effect of societal trust on corporate risk-taking are mixed owning to industry-specific ...

263rd Seminar

Time/时间：2021/04/16 – 10:00-11:30 am (Beijing Time)Venue/地点：Room 501, Jiageng Building 2/嘉庚二号楼501教室Topic/题目: How Well Do Profitability Measures Predict Cross-Sectional Stock Returns in China?Speaker/报告人：Suyi Liu and Jun (Tony) RuanFacilitator/主持人：Dr. Jun (Tony) RuanAbstract/摘要：We evaluate the economic and statistical significance and sources of the cross-sectional stoc...

262nd Seminar

Time/时间：2021/03/19 14:30-16:00pmTopic/题目：公允价值计量与公司融资决策——管理者和大股东过度自信视角Speaker/报告人：王为Facilitator/主持人：曲晓辉教授腾讯会议号/Online Conference ID：803 993 319 Abstract/摘要：采用公允价值计量可能带来更多的盈余波动，诱致非理性管理者和大股东的激进融资行为。本文基于行为公司治理理论，以2007-2017年中国A股非金融上市公司为样本，检验公允价值计量的调节作用是否加剧了...

261st Seminar

Time/时间：2021/03/12 10:00-11:30amTopic/题目: Board Centrality and Dividend PolicySpeaker/报告人：Kambar FarooqFacilitator/主持人：Dr. Jun RuanOnline Conference ID/腾讯会议号：218 961 439Abstract/摘要：This paper examines the role of board well-connectedness on the dividend payout policy. The findings suggest that firms with higher board connectedness have a higher propensity to pay dividends ...