school of business confers honorary professorship on prof...

School of Business confers Honorary Professorship on

Prof. Cheng Siwei

HONG KONG BAPTIST UNIVERSITYIssue No.26, Mar 2012第26期，2012年3月

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Issue No. 26 March 2012

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Feature 1-3 | School of Business confers Honorary Professorship on Prof. Cheng Siwei

School News 4-5 | The four-year BBA curriculum highlights corporate sustainability and service learning

Programme News 6 | BBA students triumph in the Corporate Governance Paper Competition

HKBU team wins Bronze in the IIBD Case Competition

7 | BCom HRM student wins first prize in the Personnel Management Club Scholarship Competition

BCom Marketing kicks off the Young Marketers for Social Enterprise project

8 | The “mindXchange” student forum

The “A Team” returns for BBA students

9 | BCom Marketing student wins YIC Scholar award

Open forum on investment market

New taught postgraduate programmes

Research 10 | School of Business honours outstanding faculty members

PhD student receives an FBN Asia-IFERA Asia Pacific research grant

The 4th World Business Ethics forum

11 | PhD graduate presents a paper at the 2011 American Accounting Association annual meeting

Pay level survey covering Hong Kong and the mainland

Public forum on population ageing

12 | Research seminars

Community Linkage and Internationalisation 13 | Faculty community service

Institute for Enterprise Development

15 | Wing Lung Bank International Institute for Business Development

Alumni Corner 16 | Alumni share insights on career

HKBU 55th anniversary - alumni sharing forum

Alumni luncheon

School of Business confers Honorary Professorship on Prof. Cheng Siwei

The School of Business and the MBA (China) Alumni Association celebrated a decade of success since the launch of the Master of Business Administration (MBA) programme in

China at a banquet in Guangzhou on November 12. It was attended by more than 350 alumni of the programme as well as representatives of the MBA (Hong Kong) Alumni Association and the HKBU Alumni Association. At the event, the School conferred an Honorary Professorship on Prof. Cheng Siwei, the former Vice-Chairman of the Standing Committee of the National People’s Congress of the People’s Republic of China, in recognition of his significant contribution to the growth of the School over the years.

Business Bridge Issue No.26 Mar 2012

1

(From left) Prof. Albert Chan, President and Vice-Chancellor; Prof. Cheng Siwei, former Vice-Chairman of the Standing Committee of the National People’s Congress, PRC; and Prof. Stephen Cheung, Dean of Business

Prof. Cheng Siwei delivers a speech on “The Future of Management Science in China”

Prof. Cheng Siwei, a native of Xiangxiang, Hunan Province, was born in June 1935.

He graduated from the East China Institute of Chemical Engineering in 1956. In 1981, Prof. Cheng furthered his studies of administrative science at the University of California, Los Angeles (UCLA). In 1984, he achieved his Master’s degree in Business Administration. From 1956 to 1997, Prof. Cheng worked in the Ministry of Chemical Industry, where he served successfully as a project leader, engineer, senior engineer, chief engineer and Vice Minister.

Prof. Cheng was Chairman of the China Democratic and National Construction Association Central Committees from 1996 to 2008, a member of the 7th and 8th National Committees of the Chinese People’s Political Consultative Conference, and Vice-Chairman of the 9th NPC Standing Committee from 1998 to 2003.

Prof. Cheng is Director of China Soft Science Institute and the Department of Administrative Science of the National Natural Science Foundation of China (NSFC). He is Chairman of the National Association of Vocational Education of China (NAVEC), and a Guest Professor at Peking University, Shanghai Jiaotong University, Nankai University, Hong Kong Polytechnic University and other renowned institutions.

A Profile of Prof. Cheng SiweiFormer Vice-ChairmanStanding Committee of the National People’s Congress, PRC


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(From left) Prof. Allan Chan, Associate Dean of Business; Mr. Andy Lee, Vice-President (Administration) and Secretary; Mr. Zhang Jianming, President of the China MBA Alumni Association in Shenzhen; Prof. Albert Chan; Prof. Cheng Siwei; Mr. Luo Gang, Chairman of the MBA (China) Alumni Association; Prof. Edward Snape, Associate Vice-President and Head of the Department of Management; Prof. Frank Fu, Associate Vice-President; and Prof. Stephen Cheung

“Ever since our first MBA Programme in China was launched in collaboration with Sun Yat-sen University in Guangzhou in 2000, the programme has continued to grow in strength and expand to other mainland cities including Shenzhen, Dalian, Yuedong, Foshan, Nanjing, Shanghai and lately Zhuhai,” said Prof. Albert Chan, President and Vice-Chancellor.

Prof. Stephen Cheung, Dean of Business, introduced Prof. Cheng and acknowledged his continuous support for the School. “We are grateful for Prof. Cheng’s involvement in promoting the teaching, research and long-term development of the School,” he said. Over the years, Prof. Cheng has visited HKBU many times and spoken at a number of the School’s events.


Feature 3

Prof. Cheng Siwei (right) shares insights at a question and answer session hosted by Prof. Stephen Cheung

Besides witnessing the School conferring an Honorary Professorship on Prof. Cheng Siwei, the banquet also saw the launch of the book “HKBU MBA China Alumni Interview Series” published by the MBA (China) Alumni Association and the Guangdong Provincial Publishing Group to commemorate the 10th anniversary of the China MBA programme.

The book features interviews with Prof. Albert Chan, Prof. Stephen

Cheung, Prof. Allan Chan (Associate Dean of Business) and successful alumni of the China MBA programme. The editorial committee devoted two months to interviewing the alumni in Hong Kong, Guangzhou, Shenzhen, Dalian and Nanjing.

Mr. Luo Gang, Chairman of the MBA (China) Alumni Association, said: “Though this book may not be considered a masterpiece, the editorial committee gained a great deal of insights from all the interviews because the alumni were eager to share their management philosophies with us. Their perseverance and passion in life impressed us all.”

The book launch for the “HKBU MBA China Alumni Interview Series”

The MBA (China) Alumni Association and Guang-dong Provincial Publishing Group launch the book “HKBU MBA China Alumni Interview Series” during the banquet

Prof. Cheng brought the evening to its climax speaking on “The Future of Management Science in China”. “Chinese enterprises should incorporate western management concepts with traditional Chinese culture and transform these concepts into new management practices that fit the Chinese context,” he said. He also suggested that management should serve not only enterprises, but society as well. The address was followed by a question and answer session during which he discussed with the alumni topics such as the outlook for the stock market and the property industry in China.


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School News The four-year BBA curriculum highlights corporate sustainability and service learning

Prof. Stephen Cheung (right) and Dr. Peter Lau introduce the School’s four-year degree programme to the media

BBA Core Courses (39 units)The core courses aim to impart important skills and professional knowledge needed in modern business. Examples include Business Communications, Business Ethics and Corporate Social Responsibility, Organisational Behaviour, and the BBA Project.

Free Elective Courses (30 units)Students have a free choice of electives from the University’s entire wide range of courses in many fields.

# Some students make use of these credit units to pursue a double concentration within the BBA programme or a minor in a non-business discipline.

General Education Courses (38 units)The 38 units required under the General Education requirements are divided into Core Requirements (26 units) and Distribution Requirements (12 units).

To fulfill the Core Requirements, students need to take six units in University English (I & II), three units in University Chinese and three units in Public Speaking. Students can choose one three-unit course from each of the following categories: Information Management Technology, Numeracy, History and Civilization, and Values and the Meaning of Life. In addition, students will choose two one-unit Physical Education courses.

For the Distribution Requirements, students will be required to take one course from each of the following four areas, for a total of 12 units: Arts, Communication/Visual Arts, Science/Chinese Medicine and Social Sciences.

About the four-year BBA programme

Curriculum

Year

1Ye

ar 3

Year

2Ye

ar 4

BBA1st Concentration Courses (21 units)

BBACore Courses

(39 units)

Free Elective Courses (30 units)#

General Education Courses (38 units)

BBA Concentration Courses (21 units)Seven concentrations are offered:

Accounting

Applied Economics

China Business Studies

Finance

Human Resources Management

Information Systems and e-Business Management

Marketing

The School of Business held a media session on December 5 during which Prof. Stephen Cheung,

Dean of Business, and Dr. Peter Lau, Associate Dean of Business, introduced the four-year Bachelor of Business Administration (Hons) (BBA) programme. The introduction covered the programme’s broad-based admission mode, its course characteristics, the Young Executives Development Scheme and the admission scholarship scheme.

The four-year programme will incorporate elements of business ethics and corporate social responsibility, in keeping with the School’s vision and mission and the strategic theme of corporate sustainability. “Students will have the option of graduating with a double concentration, while service-learning elements will also be embedded in the programme to help students apply their

business knowledge to contribute to society by helping non-profit organisations in their daily operations and undertaking service trips to mainland cities. In addition, students are required to complete an honours project, which is unique in Hong Kong’s business undergraduate studies,” Prof. Cheung said.

Since 2008, the School has adopted a broad-based admission mode, making it one of the pioneers in Hong Kong in this field. Students are assigned their concentrations only after the first year of study. In 2010’s intake, more than 95 per cent of the students were assigned to either their first or second concentration preference.

Prof. Cheung said: “For the coming cohort of four-year degree students we will strive to be even more flexible to cater to their needs.” Concentration assignments are based on students’ Hong Kong Diploma of Secondary Education (HKDSE) examination result, their accumulated grade point average in the first year’s study, their non-academic achievements and their concentration preferences.

The School has also established the Young Executives Development Scheme to nurture all-round business leaders. “The scheme integrates developmental workshops, overseas exchanges, internship programmes, service learning programmes and a student ambassador programme. Last

School News


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Journalists at the media session

Admission scholarships

Young Executives Development Scheme

The School has a HK$5 million admission scholarship scheme for four-year degree students, sponsoring up to two years’ tuition fees for each scholarship recipient.

The School’s unique Young Executives Development Scheme aims to cultivate the leadership potential of our BBA students and train them to be all-round, values-conscious executives. The scheme involves diverse programmes and activities:

Super Star Admission Scholarship

Star Admission Scholarship

Amount HK$84,200 HK$42,100

HKDSE subject requirements

Level 5* or above in any two of these subjects: Mathematics, Liberal Studies and an elective subject

Level 5* or above in Mathematics, Liberal Studies or an elective subject

HKDSE language requirements

Level 5 or above in either Chinese or English

Level 5 or above in either Chinese or English

Other requirements

To extend the scholarship to year two, the recipient has to attain a cumulative grade point average of 3.0 or above at the end of year one.

None

year, with the arrangements made by the University, 50 per cent of our students participated in international exchanges and 70 per cent gained internship experience,” said Dr. Lau.

For more details on the four-year BBA programme, please visit www.hkbu.edu.hk/bba.

Developmental Workshops Support for International Exchange Student Ambassador Scheme Service-learning Pro

gram

me

Int

erns

hip

and

Men

torin

g

Service-learning Programme Student Ambassador S

chem

e

All-round DevelopmentGlobal Vision

Interpersonal CommunicationPresentation

Analytical and Problem-solvingSelf-confidence & EQ

Service LeadershipMarket Knowledge

BBA students triumph in the Corporate Governance Paper Competition Three BBA students beat 28 teams from local universities to clinch the championship at the Hong Kong Institute of Chartered Secretaries (HKICS) Corporate Governance Paper Competition in October. They are Ms. Leung Wing-yan and Mr. Wong Kwong-fat (Human Resources Management, year three) and Mr. Lui Yiu-lim (Applied Economics, year three). The winning team was awarded HK$10,000 and will have their winning paper published in CSJ, the monthly journal of the HKICS.

“I think one of the keys to our success is team spirit. We made good use of our different academic backgrounds, did a lot of research and tactically applied what we learnt from the classroom,” said Yiu-lim. “Our paper examined the regulations and characteristics of several listed companies to look for flaws in their corporate governance. Then we made a number of recommendations, including setting up a compliance unit and changing the remuneration structure through cutting down bonuses and other means.”

The competition aimed to raise awareness of the importance of good governance in all areas of every business. Each participating team was required to submit a paper of not more than 5,000 words on the theme “Corporate Governance – Best Practice versus Practicality”. The six finalist teams were invited to present their papers on the day of competition.

(From left) Ms. Leung Wing-yan, Mr. Lui Yiu-lim and Mr. Wong Kwong-fat capture the championship in the Corporate Governance Paper Competition

Programme News

6


HKBU team wins Bronze in the IIBD Case CompetitionA team of four students from our School won the Bronze medal in the Wing Lung Bank International Institute for Business Development (IIBD) Case Competition in November. The students are Ms. Kathryn Hung (BBA Marketing, year three), Mr. Jonathan Cheong (BCom Marketing, year three), Mr. Keith Har (BCom Marketing, year three) and Mr. Frankie Lee (BBA Finance, year two). The panel of judges commended the team for producing a comprehensive analysis of the case they were assigned. Jonathan also brought home the Best Presenter award.

“We had really strong rivals, so we were really surprised that we won the bronze medal,” Kathryn said. “Much of the credit goes to Ms. Susanna Chui, Mr. Lam Sui-wah, Dr. Henry Fock and many other teachers from the School who coached us for the past six months and taught us essential skills and strategies for our success.”

“I was really taken aback about winning the Best Presenter award because some of the other competitors are native English speakers and I wasn’t particularly confident when presenting in English, which is my second language,” Jonathan said. “I need to thank all the teachers for their efforts in guiding me through the many aspects of a good presentation.”

The competition was hosted by the IIBD and the Chinese Businesses Case Research Centre of our School. A total of 33 teams from 15 countries entered the competition on the theme “Value Creation through Branding”. The five finalist teams were

from HKBU, Ateneo de Manila University from the Philippines (the silver medallists), Windesheim University of Applied Sciences from the Netherlands, University of Prince Edward Island from Canada (the gold medallists) and Baylor University from the US.

(From left) Ms. Kathryn Hung, Mr. Keith Har, Mr. Jonathan Cheong, and Mr. Frankie Lee win the Bronze medal in the Wing Lung Bank International Institute for Business Development Case Competition

Members of the panel of judges: Mr. Andy Sin (first from right), CEO, Modern Time Trading Co., Ltd.; Dr. Stephen Fisher (fourth from right), former Director of Social Welfare, Hong Kong SAR Government; Mr. Raymond Tong (fifth from right), CEO, Pacific Coffee Company Limited; Dr. Ma Xufei (second from left), Assistant Professor, Chinese University of Hong Kong; and Mr. Han Ping (first from left), Vice President, Long Far Herbal Medicine Mfg. (HK) Ltd.

Mr. Jonathan Cheong (third from left) captures the Best Presenter award

7Programme News


BCom HRM student wins first prize in the Personnel Management Club Scholarship Competition

Mr. Nathaniel Wong, a year-three student in the Bachelor of Commerce in Human Resources Management (BCom HRM) programme, won the first prize in the Personnel Management Club (PMC) Scholarship Competition in January. He won a HK$4,000 scholarship and also a year-long student membership of the PMC.

Nathaniel said that the competition had broadened his experience in a competitive setting and helped him strike a good balance between management theories and practical issues. “I found it most difficult to analyse the work cultures and practices in Hong Kong and mainland China, as currently not much research is available in this area,” Nathaniel added. “I need to thank Prof. Randy Chiu and Dr. Felix Yip who guided me all the way through, and especially Mr. Lam Sui-wah who shared with me loads of insights and prepared me well for the presentation.”

The competition is organised annually by the Hong Kong Management Association. It is open to full-time, final-year undergraduates majoring in HRM at local universities. This year’s competitors were required to submit an essay on “The Gateway to Corporate Success: How to Achieve Synergy with Hong Kong and Mainland HR Capital under Different Work Cultures and Practices” and to make a presentation in English to a panel of judges comprising professors from the participating universities and members of the PMC.

BCom Marketing kicks off the Young Marketers for Social Enterprise project The Department of Marketing held a kick-off ceremony for the Young Marketers for Social Enterprise (YMSE) project on the Shek Mun Campus on September 28. Ms. Marianna Tsang, President of the HKBU Century Club, and Mr. Joey Wan, Marketing Director of the Peter F. Drucker Academy, were invited as the guests of honour to share insights with the students. Prof. Siu Wai-sum, Director of the Bachelor of Commerce in Marketing (BCom Marketing) programme, said “The YMSE project aims to provide BCom Marketing students with an opportunity to acquire real-life, hands-on business experience and engage in activities that revolve around an organisation’s marketing function.”

“The HKBU Century Club, an alumni association of the University, has granted the project HK$30,000 in sponsorship which will be used to assist student participants in the form of traveling allowances. Not only will the students earn practical experience from their host organisations, they will also earn three credit units in completing the project. More importantly, the project gives participants a chance to serve our community and to be inspired by the passion of social entrepreneurs,” added Prof. Siu.

Participants at the kick-off ceremony for the Young Marketers for Social Enterprise project

Mr. Nathaniel Wong (centre) and Dr. Felix Yip (first from left) with Ms. Freda Cheuk, Chairman of the Personnel Management Club

Ms. Marianna Tsang, President of the HKBU Century Club, encourages BCom Marketing students to actively contribute to the betterment of the community at large

(From left) Dr. Alex Ng, Mr. Joey Wan, Mr. Samuel Lau, Prof. Siu Wai-sum, Ms. Marianna Tsang, Dr. Henry Fock and Dr. Wong Yik-man

8

The “mindXchange” student forum On November 23, more than 60 students participated in the “mindXchange” student forum. Launched by the School in 2010, “mindXchange” is an initiative that promotes students’ active participation and the free exchange of ideas on timely topics related to sustainability, corporate social responsibility and business ethics.

During the two-hour forum, two panels composed of undergraduate and graduate students from different programmes argued for and against the motion that “NGOs/NPOs are the main drivers of CSR advancement today.” Members of the audience also participated in the exchange of ideas and posed thought-provoking questions to the panelists.

The fate of the panelists ultimately lay in the hands of the audience, as the winning team was determined by an audience vote. The panel which argued for the motion won and was presented a cash prize of HK$4,000, while the other panel received a HK$2,000 consolation prize.

The “A-team” returns for BBA students The School has partnered with AIESEC, the world’s largest youth-run organisation active in over 107 countries and territories, and recruited five interns—also known as the “A-team”—as teaching assistants to provide students in the Bachelor of Business Administration (Hons) (BBA) programme with opportunities to enhance their communication skills in English through tutorials, workshops and interaction with native speakers. The team, composed of Ms. Nadiyka Pyzik, Mr. Artem Milkov, Ms. Tiffany Leung, Mr. Ti Tran and Ms. Carisse Eusebio, hosts a series of innovative activities—Chit Chat Circles, “mindXchange” student forums, résumé and cover letter workshops, and job interview workshops—that aim to help BBA students hone their public speaking and writing skills in English.

The team has also initiated the Career Development in English certification programme. Students who have completed a designated number of activities will receive a certificate which they can add to their CV.

For more details, please visitwww.facebook.com/groups/ateamhkbu.

(From left) Ms. Nadiyka Pyzik, Mr. Artem Milkov, Ms. Tiffany Leung, Mr. Ti Tran and Ms. Carisse Eusebio

Ms. Susanna Chui (front row, first from left), Dr. Vivienne Luk (front row, second from left) and Dr. Ludwig Chang (back row, first from right) with the winning team

Participants in the “mindXchange” student forum


New taught postgraduate programmes

Admissions to September 2012 intake

Doctor of Business Administration

Master of Business Administration

Master of Science in Business Management (new)

Master of Science in Applied Accounting and Finance

Master of Science in Applied Economics

Master of Science in Corporate Governance and Directorship

Master of Science in Strategic Human Resources Management

Master of Human Resources Management

Master of Accountancy (new)

Postgraduate Diploma in Professional Accounting

9Programme News

Open forum on investment market An open forum on the topic of “Hong Kong Investment Market Outlook 2012” was held on February 20. During the forum, three of our alumni, Mr. Castor Pang, Head of Research of Core Pacific –– Yamaichi, Ms. Cheung Siu Kiu, a veteran of the financial industry, and Dr. Billy Mak, Associate Director of the Master of Business Administration (MBA) programme, discussed the local and global investment environment and shared investment tips for 2012 with close to 100 MBA students and alumni, and the public.

Mr. Castor Pang, Ms. Cheung Siu Kiu and Dr. Billy Mak speak on investment market

Our School is launching two new taught postgraduate programmes in the 2012/13 academic year: a Master of Science in Business Management (MScBM) and a Master of Accountancy (MAcc).

The MScBM programme will be offered both full-time and part-time. It is designed to serve the needs of fresh graduates who aspire to a business career and also those of potential business leaders early in their careers, imparting master-level knowledge and assisting them in acquiring skills needed in business and general management. The programme integrates a broad spectrum of courses with a series of “live-learning” activities, from seminars and workshops to corporate visits and international exchanges.

The MAcc programme, also offered both full-time and part-time, is designed for non-accounting graduates who intend to pursue an accounting career. It will also benefit those currently working in non-accounting fields who wish to receive a thorough education in the principles and practice of

accounting. It will focus on substantive and operational knowledge, as well as the skills and competencies of accounting practitioners. The first part of the programme will be a conversion programme accredited by the Hong Kong Institute of Certified Public Accountants.

These and all our other taught postgraduate programmes are now open for applications. For more details, please visit www.hkbu.edu.hk/buspg.


BCom Marketing student wins YIC Scholar award Mr. Jason Lau, a year-three student in the Bachelor of Commerce in Marketing (BCom Marketing) programme, won the YIC Scholar award of the YIC Summer Internship Scheme 2011-12 organised by the Hong Kong Young Industrialists Council (YIC). In addition to an award certificate, Jason was given a $3,000 scholarship for his outstanding performance during his internship.

Under the scheme, more than 30 local university students were posted as summer interns in member companies of the YIC, and the five best interns were selected as the award recipients.

Mr. Jason Lau (third from left) receives an award certificate

School of Business honours outstanding faculty members On November 29, three faculty members of the School of Business were bestowed awards in recognition of their outstanding performance. Dr. Gary Li, Assistant Professor of the Department of Finance and Decision Sciences, and Dr. Frederick Yim, Assistant Professor of the Department of Marketing, received awards for Outstanding Performance in Teaching. Dr. Wan Shui-ki, Assistant Professor of the Department of Economics, received an award for Outstanding Performance in Scholarly Work.

The awards were launched in 2009 and have since become an annual event to recognise and show appreciation to faculty members who have excelled in their daily work and to promote excellence in performance.

Prof. Stephen Cheung (third from left), Prof. Allan Chan (first from left) and Dr. Peter Lau (first from right) congratulate the recipients of the School of Business awards for Outstanding Performance: Dr. Gary Li (second from left), Dr. Frederick Yim (second from right) and Dr. Wan Shui-ki (third from right)

10


Research

PhD student receives an FBN Asia-IFERA Asia Pacific research grant

In January, Mr. Archimedes David Guerra, a PhD candidate of the Department of Finance and Decision Sciences, was awarded a US$5,000 research grant by the Family Business Network Asia (FBN Asia) and the International Family Enterprise Research Academy (IFERA) for his doctoral dissertation on “The Effects of Family Influence and Confucian Values on Financial Decision Making and Performance: Explaining the Overseas Chinese Phenomenon in Southeast Asia”.

“With a focus on the effect of family influence and Confucian values, my dissertation contributes to the literature by offering an alternative theory for the financial decision making of firms, taking off from previous findings in family

firm and cross-cultural finance literature,” says Archimedes, who was admitted to HKBU through the Hong Kong PhD Fellowship Scheme in 2010. “I would like to thank my academic supervisors Prof. Gordon Tang and Dr. Henry Fock, without whom my achievement would not have been possible.”

The grant aims to acknowledge and encourage the next generation of family business scholars whose research is deemed to hold significant promise to increase knowledge in the broad area of family business. Applications for the grant were evaluated on numerous criteria including their originality, quality, importance, the potential impact of the proposed study, and the relevance of the study to Asia.

Mr. Archimedes David Guerra

The 4th World Business Ethics forum The School will organise the 4th World Business Ethics Forum at HKBU from December 16 to 18, 2012. The forum, co-founded by HKBU and the University of Macau, offers an opportunity for academics and practitioners from around the world to meet and share new thinking and research findings in the broad area of business ethics. This year, the forum will focus on Corporate Social Responsibility and Sustainability.

For further information and details of how to submit papers, please visit www.hkbu.edu.hk/~wbef.

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Public forum on population ageing In response to the Chief Executive’s invitation for suggestions for the latest policy address,

the Centre for Human Resources Strategy and Development (CHRSD) organised a public forum on September 17. Experts were invited to discuss issues related to the ageing population in Hong Kong, attracting more than 120 professionals from different fields to the forum. Opinions from the speakers and the participants were collected and passed on to the Chief Executive’s office for further consideration.

During the forum, Prof. Alfred Chan, Chairman of the Elderly Commission; Dr. Edward Leung, Chairman of the Hong Kong Association of Gerontology; Ms. Winnie Ng, Director of the Bauhinia Foundation Research Centre; Mr. Ego Leung, Director of the Social Welfare Division of the Yuen Yuen Institute;

Ms. Kate Siu, General Manager (HR) of Damco; and Prof. Randy Chiu, Director of the CHRSD, expressed views from their different perspectives over a range of topics, including policies on the ageing populations, health care, residential care as well as optional retirement.

Pay level survey covering Hong Kong and the mainland The Centre for Human Resources Strategy and Development of the School of Business released its annual pay level survey for Hong Kong and mainland China on October 25. The data were collected between July and September in collaboration with the Hong Kong People Management Association.

A total of 192 companies participated in the survey, among which 92 were from Hong Kong, 86 from mainland China and 14 from Macau. The survey covered a total of 247,692 employees and

89 benchmark jobs at four staff levels: manager and above, supervisory/technical staf f, general staff, and operating staff.

Research


The Centre for Human Resources Strategy and Development releases the pay level survey results with Mr. Alan Wong (first from left) and Ms. Pauline Chung (first from right) from the Hong Kong People Management Association

PhD graduate presents a paper at the 2011 American Accounting Association annual meeting

Dr. Wang Wenming, a fresh PhD graduate in the Department of Accountancy and Law, presented his paper “Corporate Governance and Intragroup Value Transfers: Evidence from the Stock-Price Effect of Earnings Announcements by Hong Kong Family Business Groups” at the 2011 annual meeting of the American Accounting Association (AAA) in Denver in August 2011. This is one of the most important conferences in the field.

The paper was co-authored by Prof. Stephen Cheung (Dean of Business), Prof. Haw In-mu (Visiting [Chair] Professor of the Department of Accountancy and Law) and Dr. Tan Weiqiang (Research Assistant Professor of the Department of Finance and Decision Sciences). Its acceptance at such a prestigious conference attests to the excellence of Dr. Wang’s research during his PhD studies.

Dr. Wang Wenming at the 2011 American Accounting Association Annual Meeting

(From left) Prof. Randy Chiu, Mr. Ego Leung, Dr. Tang Kam Hung, Prof. Frank Fu, Ms. Kate Siu, Prof. Alfred Chan and Dr. Edward Leung

More than 120 professionals from different fields participate in the forum

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Research seminars Department of Accountancy and LawDate Topic Speaker

November 25, 2011 Does Accounting Conservatism Reduce Stock Price Crash Risk? Firm-level Evidence.

Dr. Zhang Liandong City University of Hong Kong

November 1, 2011 Management Accounting Research in Mainland of China: A First Look

Prof. Yu Zengbiao Tsinghua University, PRC

Department of EconomicsDate Topic Speaker

February 9, 2012 Investment and Exchange Rate Movements: the Role of Investment-Price Channel

Prof. Chi Yung Eric Ng Chinese University of Hong Kong

December 16, 2011 Anchoring and Loss Aversion in the Housing Market: Implications on Price Dynamics

Dr. Tsang Kwok Ping Virginia Tech, USA

December 5, 2011 A Meta-frontier Technique: How It Works Prof. Suthathip Yaisawarng Union College, USA

October 19, 2011 The Value of Incumbency in Heterogeneous Networks Prof. Jacques Crémer GREMAQ, France

October 4, 2011 Processing Trade, Tariff Reductions, and Firm Productivity: Evidence from Chinese Products

Dr. Miaojie Yu Peking University, PRC

September 20, 2011 Exact Welfare Measurement for Double-log Demand with Partial Adjustment

Dr. C. K. Woo Energy and Environmental Economics, Inc., USA

Department of Finance and Decision SciencesDate Topic Speaker

February 8, 2012 CEO Compensation and Board Structure Revisited Dr. Kam-Ming Wan University of Hong Kong

February 6, 2012 Information Choices, Institutional Investors and Return Comovement around the World

Dr. Lei Pang City University of Hong Kong

December 21, 2011 Testing the Economic Value of Predictability Prof. Giorgio Valente University of Essex, UK

December 20, 2011 Is Fund Marketing Cost-reducing or Signaling? Evidence from the Chinese Mutual Funds

Dr. Ping Jiang University of International Business and Economics, PRC

November 22, 2011 Does The Capital Market Punish Managerial Myopia? Dr. Feida Zhang Sun Yat-sen University, PRC

November 15, 2011 Do Hedge Funds Have Information Advantages? Evidence from Hedge Fund Stock Holdings

Dr. Jin-Mo Kim Rutgers University, USA

October 25, 2011 Political Risk and International Equity Investment Dr. Youngsuk Yook Sungkyunkwan University, Korea

Department of ManagementDate Topic Speaker

March 6, 2012 The Science of Meetings at Work: Learning, Implications, and Future Directions

Dr. Steven G. Rogelberg University of North Carolina Charlotte, USA

February 15, 2012 Institutional Pressure, Strategic Choice, and Venture Donations in Transition Economics

Dr. Kehan Xu Sun Yat-sen University, PRC

December 9, 2011 Can 360-Degree Assessment Work? – A Multi-lens Perspective Dr. Wei-Shong Lin National Taiwan University of Science and Technology, Taiwan

Department of MarketingDate Topic(s) Speaker

December 7, 2011 A Model of Customer Satisfaction and Its Application Dr. Song Xiandao Wuhan University of Technology, PRC

September 27, 2011 (1) The Effects of Moral Identity, Moral Awareness and Anger on Moral Disengagement of Consumer Revenge to Service Failure, and (2) Winning the Minds and Hearts of Consumers by Behavioural Engagement Cause-related Marketing: Admiration, Attributions, and Holistic Thinking

Dr. Hongwei He University of Warwick, UK

July 22, 2011 Determinants of Pay Levels and Structures in Sales Organizations Prof. Dominique Rouziès, HEC Paris, France

July 18, 2011 Nation Equity: Culture and Country of Origin Effects Prof. Durairaj Maheswaran New York University, USA

June 17, 2011 Entrepreneurs’ Political Capital And Resource Acquisition: How Does Institutional Change Matter in a Transition Economy?

Dr. Haiyang Li Rice University, USA

Community Linkage and Internationalisation

13


Faculty community service

Institute for Enterprise Development

Dr. Billy Mak, Associate Professor, Department of Finance and Decision Sciences

Dr. Mak has been appointed by the Chief Executive of the Hong Kong SAR Government as a non-official, non-executive director of the Urban Renewal Authority Board with effect from December 1, 2011 for a term of three years.

Prof. Stephen Cheung, Dean, School of Business

Prof. Cheung has recently been appointed as Advisor to the 8th Board of Directors of the New Territories General Chamber of Commerce and the Microfinance Study Group of the Hong Kong Mortgage Corporation Limited, and as Honorary Advisor to the Hong Kong Securities Association. He has also been named as Member of the Steering Committee on Strategic Review on Healthcare Manpower Planning and Professional Development of the Hong Kong SAR Government as well as Chairman of its Nursing and Midwifery Sub-Group.

In addition to these new appointments, Prof. Cheung has also been re-appointed as Ex-officio Member of the Social Enterprise Advisory Committee of the Home Affairs Bureau.

Workshops on fundraising for Christian organisations

About 70 representatives from 33 Christian organisations in Hong Kong participated in the “Exploring the Blue Ocean for Fundraising: Workshops on Fundraising for Christian Organisations” event organised by the Institute for Enterprise Development (IED) of our School in cooperation with Hong Kong Professional and Educational Services Limited (HKPES) on December 6.

Mr. Timothy Ma, Executive Director of the Senior Citizen Home Safety Association and former Chairman of the Association of Fundraising Professionals (Hong Kong Chapter), gave a presentation on “Preparations for Raising Funds” and hosted a workshop on “Keys to Raising Funds from Governments and Foundations”. Mr. Michael Lam, Principal

Guest speakers with representatives from our School

Mr. Timothy Ma shares fundraising tips with the participants

Consultant of Creative Development International Limited; Mr. Patrick Yuen, Executive Director of HKPES; and Ms. Amy Chan, East Asia Representative of the Mustard Seed Foundation, conducted workshops on “Keys to Raising Funds from Commercial Enterprises”, “Keys to Raising Funds from Churches and Individuals” and “Keys to Writing Fund Application Forms” respectively.

The workshops formed part of the series of events which commenced in July 2011 and aim to explore leadership and management issues in Christian churches and organisations.


14

The 3rd Youth Leadership Million Dollars Training Programme

A kick-off ceremony for the 3rd Youth Leadership Million Dollars Training Programme was held on January 14. Prof. Stephen Cheung, Dean of Business, is one of the advisors to the programme. Along with the Hong Kong Federation of Women, HKBU is co-organising the programme which will run from January to July 2012. It will include a broad range of activities such as workshops, seminars led by renowned figures, corporate visits, social service projects and a training camp. The programme targets young women aged between 21 and 35 who are university graduates or equivalent. It aims to instill a deep sense of attachment to Hong Kong, to develop in the participants a passion for Hong Kong and mainland China, and to broaden the scope of their international vision.

Executive training programmes

Co-organiser Dates

The 21st, 22nd, 23rd Mediation Skills Training Programmes

Conflict Resolution Centre February 16 – 18, 24 – 25, 2012 (23rd)

December 5 – 9, 2011 (22nd)

August 3 – 9, 2011 (21st)

Joint Revision Course Hong Kong Institute of Certified Public Accountants

October 30, November 6, 13, 20 & 27, 2011

The 1st Professional Certificate in Financial Consulting

International Association of Registered Financial Consultants

August 22 – 31, 2011

Kick-off ceremony for the 3rd Youth Leadership Million Dollars Training Programme

Mr. Stanley Hui speaks at the executive development seminar

Mr. Stanley Hui, JP, Chief Executive Officer of the Airport Authority Hong Kong, gave a seminar on “The Strategic Importance of Hong Kong International Airport: Its Contribution to Hong Kong and the Challenges Ahead” to postgraduate students on February 7.

Experienced in the hub of international aviation, Mr. Hui shared his success stories in managing leading establishments in the aviation sector as well as insights into the prospect for Hong Kong’s aviation industry.

Mr. Stanley Hui (left) receives a souvenir from Dr. Ng Ying-chu

Study Tour Programmes

Aletheia University, Taiwan (February 24 – 27, 2012)

Baylor University, USA (May 30 – June 1, July 5 – 16, 2011)

Berlin School of Economics and Law, Germany (January 15 – 21, 2012)

Bowling Green State University, USA (September 9 – 13, 2011)

California State University, Fresno, USA (October 23 – 30, 2011)

Ewha Womans University, Korea (February 1-4, 2012)

Hohai University, PRC (February 1-2, 2012)

Konan University, Japan (August 7 – 12, 2011)

Jiangnan University, PRC (February 6, 2012)

Petra Christian University, Indonesia (February 16, 2012)

Seattle Pacific University, USA (August 13 – 17, 2011)

Singapore Polytechnic, Singapore (September 5 – 11, October 10 – 16, 2011)

Shenzhen University, PRC (July 11 – 12, July 13 – 14, 2011, January 9 – 10, 2012)

Sun Yat-sen University, PRC (November 22, 2011)

Sungkyunkwan University, Korea (February 8 – 11, 2012)

University of International Business and Economics, PRC (July 25 – 31, July 31 – August 5, 2011)

University of San Diego, USA (January 2 – 21, January 13 – 20, 2012)

Zhejiang Gongshang University, PRC (July 25, 2011)

Zhongnan University of Economics and Law, PRC (July 17 – 24, 2011)


15Community Linkage and Internationalisation

Academic Exchange Agreements

Academic exchange agreements have recently been completed with the following universities:

cole Sup rieure du Commerce Extérieur , France

Pforzheim University, Germany

University of Applied Sciences Solothurn Northwestern Switzerland, Switzerland

University of Limerick, Ireland

University of Prince Edward Island, Canada.

WHU – Otto Beisheim School of Management, Germany

As of February 2012, the School of Business has signed academic exchange agreements with 50 business schools from all over the world. Together with HKBU’s 85 university-level partners, our School currently has a total of 135 exchange partners.

Wing Lung Bank International Institute for Business Development

Alumni Corner

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Alumni share insights on career At an alumni sharing session on February 7, alumnus Daniel Ying (Director, Achievers International Limited) and alumna Meisze Leung (Senior Manager, Professional Practice –– Assurance, Ernst & Young) shared with our students their keys to success and tips in the workplace. The session was jointly organised by our School and the School of Business Alumni Association.

During the session, Daniel encouraged the students to take up challenges with enthusiasm and passion, and offered insights into how we could equip ourselves for a career. Meisze shared her experience in the accounting field and discussed with the student participants the outlook for the industry.

Alumni luncheon An alumni luncheon was held at Yau Yat Chuen Garden City Club on February 24. The attendees included:

(Front row from left)• Mr. David Lau (MScCGD) Executive Director, Hong Kong Federation of Handicapped

Youth

• Mr. KF Yip (MScCGD) Chief Investigator, Independent Commission Against

Corruption

• Prof. Stephen Cheung Dean, School of Business

• Dr. Vivienne Luk Director of the Institute for Enterprise Development and

the Wing Lung Bank International Institute for Business Development

• Mr. Reason See (MScCGD) Managing Director, Up Way Wealth Management Limited

(Back row from left)• Mr. Edmond Pang (MScCGD) Compliance Manager, Tonic Industries Holdings Limited

• Ms. Mary-Jean Wong (MScCGD) Director, Fairland Resources Co. Ltd.

• Ms. Anita Tsang (MScCGD) ExCo member and Secretary for Corporate Governance and

Directorship (HKBU) Society

• Mr. Roy Ying (MScCGD) Head of Communications (Asia), Royal Institution of Chartered

Surveyors

• Mr. Barry Wong (MScCGD) Director, Sino Prosper State Gold Resources Holdings Limited

• Mr. Thomas Lee (MScCGD) Director, Hong Kong Facility Solutions Company Limited

• Mr. Wayne Tam (MScCGD) Director, FTW & Partners CPA Limited

HKBU 55th Anniversary – alumni sharing forum To celebrate the HKBU’s 55th anniversary, the university has launched a series of alumni sharing forums at which distinguished alumni share their insights and experience with other alumni, faculty members, students and guests.

On February 22, the theme was “Disciplinary Force –– My Cup of Tea?” Business alumnus Roger Tai Hung-kin, a Chief Inspector in the Hong Kong Police Force, was invited to share his career journey and advice for those interested in a career with the Hong Kong Police Force.

Alumnus Daniel Ying (standing, left) and alumna Meisze Leung share advice on career development

Business alumnus Roger Tai Hung-kin (front row, fourth from right) at the alumni sharing forum

The 52th Commencement November 2011Congratulations to all 2011 graduates and welcome to the HKBU School of Business alumni family!

www.hkbu.edu.hk/~bus/alumni

school of business confers honorary professorship on prof...

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