Research Seminars in 2022

Lee Shau Kee School of Business and Administration Research Seminars in 2022  

2022

The Effects of Foreign Direct Investment in Latin America

Dr. Gonzalo Hernandez Soto

Senior Lecturer, Lee Shau Kee School of Business and Administration, Hong Kong Metropolitan University

29 Jun 2022

In matters of development in Latin America, the dependency theory has always been the dominant one when explaining the differences between the most developed countries and those that are less so. However, since the fall of the Berlin Wall onwards, the traditional theory of dependency, by which differences in the development of the Latin American continent were understood as the result of a process of unequal international trade agreements, has given way to analysis of other determining factors such as foreign investment from third countries in foreign countries. China is today one of the main investor countries in this matter. It is the objective of this work to analyze the implications of Chinese investment in the Latin American continent.

The Impact of Climate Risk in Traditional and ESG Mutual Funds Holding: An International Perspective

Dr. Leah Li

Assistant Professor, Lee Shau Kee School of Business and Administration, Hong Kong Metropolitan University

8 Jun 2022

In this seminar, we compare the local and international funds facing increasing country-level climate risk. We have divided the studied funds into local and nonlocal funds. The results indicate that the negative relation between climate risk and funds’ shareholding is mainly driven by local fund managers, consistent with our hypothesis that local managers may have more information about climate risk firms. We have also split the funds into ESG and non-ESG funds. We find that the mentioned relation is only statistically significant when using the non-ESG-oriented sample. We find a positive but insignificant relation between climate risk and shareholding when using the ESG fund sample.

 

Acknowledgement: The work described in this presentation is fully supported by the School Research Grant of the Hong Kong Metropolitan University (R2076).

Examining Distinctions and Relationships between Creating Shared Value (CSV) and Corporate Social Responsibility (CSR) in Eight Asia-based Firms

Dr. Hamid Khurshid

Assistant Professor, Lee Shau Kee School of Business and Administration, Hong Kong Metropolitan University

1 Jun 2022

The notion of creating shared value (CSV) has gained popularity over the last decade, and some MNCs have espoused that CSV has entered the heart of their corporate practices. Notwithstanding this, there has been criticism from business scholars about the lack of a standard, universal definition. The purpose of the current study was to develop a working definition of CSV by identifying espoused and practical distinctions between CSV and various forms of CSR, and any possible interrelationships between them. We conducted 26 semi-structured interviews with managers and stakeholder representatives of five multinational corporations (MNCs) and three small and medium enterprises (SMEs), all headquartered or rooted in Asia. These firms claim to have engaged both in CSV and corporate social responsibility (CSR) practices. We compared and contrasted interviewees’ definitions and descriptions of CSV and CSR and mapped these against Carroll’s four-layer model of responsible corporate management. Interviewees tended to frame CSV as a sustainable business model that generates social and economic value simultaneously, in contrast with traditional CSR, perceived as entailing “giving back” some of the surplus from economic returns.

Dynamic Trade-offs of Supplier Knowledge and Exchange Relationships across an Innovation’s Life Cycle

Dr. Faisal Khurshid

Assistant Professor, Lee Shau Kee School of Business and Administration, Hong Kong Metropolitan University

25 May 2022

When an innovator successfully launches a radical innovation onto the market, followers (incumbent firms) are compelled to develop new products.  Radical innovations tend to render the technological knowledge and capabilities of incumbent firms obsolete.  So for a timely response, incumbents need to acquire new knowledge and resources to successfully address the new innovation.  Incumbents can potentially garner new knowledge through in-house component development or by supplier acquisition, but these two strategies require considerable commitments of resources and time and can cause the firm to accumulate unwanted assets.  Therefore, (inter-firm) outsourcing has been viewed as an alternative strategy to alleviate such problems. Regarding outsourcing strategies, the traditional technology and strategy management literature emphasize the positive role of a firm’s utilization of its own in-house knowledge stock, its supplier’s knowledge stock, and long-term relationship for performance benefits particularly when time is of the essence (e.g., in response to an innovation shock). We suggest that the most appropriate course of action with regards to which knowledge stock to rely upon when facing technological changes should be the supplier-to-firm knowledge stock sequence for performance advantage across the technology life cycle.  Finally, given the importance of the supplier-to-firm knowledge stock sequence, the merits of long-term relationships should be more heavily emphasized during the era of ferment.  We draw on hierarchy hazards and exchange hazards to develop our arguments, examining the U.S. Hybrid Electric Vehicle (HEV) market from 1999 to 2017 to test our hypotheses.

Identity (In)Congruence in a Dual Role Context: Hybrid Entrepreneurs’ Work Role Identities and Work Outcomes

Dr. Eric Adom Asante

Assistant Professor, Lee Shau Kee School of Business and Administration, Hong Kong Metropolitan University

18 May 2022

In this seminar, we develop and test a model that extends role identity theory to the dual-role context of hybrid entrepreneurs, who maintain dual identities in their entrepreneurial and wage work. Using a self-regulation lens, we propose that in a dual-role context, the two role identities jointly affect self-regulatory effort and performance. In a situation of identity incongruence, in which one role identity is more prominent than the other, hybrid entrepreneurs allocate more effort to the work they identify more with and subsequently perform better in that work. However, in a situation of identity congruence, hybrid entrepreneurs with equally prominent identities in both roles may experience regulatory impairment, compared with those with equally low identities in both roles. As such, they may fall short of expending sufficient effort and subsequently perform unsatisfactorily in both roles. We test our hypotheses using three-wave and multi-source data from 327 hybrid entrepreneurs, their venture partners, and wage work supervisors. The results from a polynomial regression and response surface approach lend support to our hypotheses. This research provides important insights into hybrid entrepreneurship and management of dual work roles.

Leader-member Exchange and Turnover Intention among Collegiate Student-athletes Sport Environments

Dr Bryan Chiu

Associate Professor, Lee Shau Kee School of Business and Administration, Hong Kong Metropolitan University

4 May 2022

In the extant literature, little is known about how athletes’ perception of leader-member exchange with their coach affects their negative consequences (e.g. turnover intention). Therefore, this seminar examined the relationship between leader-member exchange and turnover intention among collegiate student-athletes. Moreover, the current study investigated the mediating effect of psychological empowerment and the moderating effect of psychological contract breach. A total of 220 student-athletes were recruited from four major universities in South Korea. This study found a negative influence of leader-member exchange on student-athletes’ turnover intention and significant mediating effects of two dimensions of psychological empowerment (i.e. meaning and self-determination) on the relationship. Furthermore, the results suggested that psychological contract breach negatively moderated the relationships between leader-member exchange and three dimensions of psychological empowerment (i.e. meaning, competence, and impact). However, psychological contract breach did not moderate the relationship between leader-member exchange and turnover intention. This study confirms the significant association between the quality of the coach-athlete relationship and student-athletes’ intention to leave. Moreover, student-athletes’ psychological sense of gaining power and control, or psychological empowerment may enhance their self-esteem in the team and reduce their intention to leave. In addition, coaches and collegiate athletics administrators should pay attention to the psychological contracts between student-athletes and their team as it may weaken the role of leader-member exchange in strengthening their psychological states.

Impact of Urban Rehabilitation: Evidence from Subdivided Units (SDU) in Hong Kong

Dr Cong Liang

Research Assistant Professor, Lee Shau Kee School of Business and Administration, Hong Kong Metropolitan University

27 Apr 2022

This seminar aims to explore one question: To what extent does urban rehabilitation impact the housing search cost of the low-income tenants. This research adopts the fixed effects time-on-market (TOM) model and pricing model to study the research question. Urban rehabilitation lifts the SDUs’ prices by around 7%. For the SDU located in old districts, urban rehabilitation gives rise to the rental price up by 11%-12%. The SDUs in the area without urban rehabilitation experience a short marketing period of 16%-17%. The SDU located in the old district that is without urban rehabilitation would have a short marketing time. This is the pioneering research to investigate the relationship between rehabilitation and low-income rental housing from the improved search theory. The improved search theory posits that under the circumstance of urban rehabilitation, low-income tenants’ options are limited and the search behavior will be restricted in the affordable areas, then TOM will be shortened. With the concentration of subdivided units (SDUs) in Hong Kong, the test of the search theory is broken down into two hypotheses. (Hypothesis 1) Urban rehabilitation leads to low-income housing prices increase. (Hypothesis 2) Low-income housing located in areas without urban rehabilitation has a shorter time-on-market (TOM).

Who Can Facilitate Innovation in Family Firms? Evidence across Institutional Contexts

Dr Kelly Chen

Assistant Professor, Lee Shau Kee School of Business and Administration, Hong Kong Metropolitan University

13 Apr 2022

Drawing insights from managerial discretion theory, we propose that the impact of individual differences of family CEOs (e.g. birth order) on innovation is contingent on country-level institutions. Making use of a unique dataset of entrepreneurial families across countries, we examine how national institutions influence the extent to which birth order of family CEOs influence firm innovation. We find that later-born family CEOs are more likely to facilitate innovation under the conditions of better rule of law, lower power distance, and less family obligation. The study contributes to family business literature by enriching our understanding of how institutional differences condition the effect of birth order on innovation. 

Sources Seek Atypicality: Effect of Ostracizing Behavior on Preference for Extraordinary Consumption

Dr Eujin Park

Assistant Professor, Lee Shau Kee School of Business and Administration, Hong Kong Metropolitan University

6 Apr 2022

Although people ostracize in daily and social media interactions, no retailing/consumer research on ostracism has solely focused on the sources. Furthermore, since existing research on sources is limited to reparation intentions, sources’ influence on reparation-irrelevant behavior is worth investigating. Four experiments were conducted to examine the sources’ preference for extraordinary consumption in face-to-face and social media contexts. They transcend normative boundaries and prefer extraordinary consumption. The effect was moderated by the source’s degree of justification. We initiate consumer research on ostracism sources and contribute to the practice of extraordinary consumption and retailing.

Defragmenting Determinants of Sustainable Food Choices: A Systematic Literature Review

Mr Kevin Chu

Senior Lecturer, Lee Shau Kee School of Business and Administration, Hong Kong Metropolitan University

24 Nov 2021

Sustainable food choices have been a popular research topic in the last two decades. It is believed that consumers’ deliberate choices of sustainable food would drive the business to innovate more quickly the way they manufacture to minimise carbon footprints and even practise circular economy with minimum environmental costs. In this study we provide an integrative and analytical review of factors determining sustainable seafood choice of consumers. Relevant empirical research is integrated into the review. We synthesize the developing knowledge about the determining factors influencing the consumers’ choice. With the use of Poeszi’s Triad Model, which comprises ‘motivation’, ‘capacity’ and ‘opportunity’, this study develops a guide for the practitioners in the sustainable seafood industry, based on the major determinants that have been defragmented and integrated from hundreds of relevant academic studies. It provides the corresponding suggestions for the practitioners who would like to more effectively promote sustainable seafood consumption.

IIBG Distinguished Professor Research Seminar Series

Balancing the Need to Protect Technology and Access Knowledge when Conducting R&D Abroad

Professor Mario Kafouros

Professor of International Business and Innovation, Alliance Manchester Business School, University of Manchester, UK
IIBG Distinguished Professor, B&A, Hong Kong Metropolitan University

29 Sep 2021

When multinational enterprises (MNEs) conduct R&D in countries with weak protection of intellectual property rights (IPR), they gain access to new knowledge but also face difficulties in protecting their own technology. In such situations, the two objectives (knowledge access and technology protection) conflict with one another. This study examines how certain geographic configurations of R&D portfolios help MNEs create technology-protection mechanisms, balance the two objectives, and enhance their performance. The multi-country longitudinal analysis employed in this study explains why some MNEs benefit from conducting R&D in weak IPR protection countries while others do not, and identifies which mechanisms are most effective in protecting technology.