HONG KONG SAR, May 12 (Korea Bizwire) - Investors have used credit ratings to assess a company’s financing risk, but small- and medium-sized enterprises (SMEs) are often completely left out of the game. A CUHK Business School-led study promises to level the playing field and change the credit-rating landscape by looking into supply chain factors. It [...]
HONG KONG, April 14 (Korea Bizwire) - Inspired by this the rise in highly competitive work ethics in modern China, a group of researchers choose to examine the effectiveness of competition as a motivational tool, especially as it relates to how well people who are driven to compete with each other are also able to cooperate [...]
HONG KONG SAR, March 10 (Korea Bizwire) - History is littered with the names of once dominant companies that were so focused on their successful core businesses that they failed to embrace innovative new ideas until it was too late. But introducing change can be difficult in modern organisations, as it typically involves dealing with contradictory requirements [...]
HONG KONG SAR, Feb. 17 (Korea Bizwire) – Mandatory audit partner rotation has become a common practice around the world since the Sarbanes-Oxley Act was passed in the U.S. in 2002. Also known as the SOX, the purpose of this act is to protect investors from potential accounting fraud and to improve corporate financial disclosure. The [...]
HONG KONG SAR, Jan. 13 (Korea Bizwire) – The Belt and Road Initiative, announced in 2013, represents China’s most ambitious effort yet to strengthen its physical connectivity to the world. As a programme of vast infrastructure building throughout the country’s neighbours, it comprises of two major components: A land trade route known as the Silk [...]
HONG KONG SAR, Dec. 2 (Korea Bizwire) – Empty office buildings, hotel rooms and shopping malls – these are the facts of life in the post-pandemic new normal. They are also the results of social distancing measures as well as government-imposed lockdowns implemented around the world to lessen the spread of COVID-19, the effects of which [...]
HONG KONG SAR, Nov. 4 (Korea Bizwire) – Overconfidence, or the tendency to underestimate risk and overestimate returns, is often cited as a leading factor behind some of the biggest corporate failures in history, from the Enron scandal at the turn of the millennium, to the spectacular collapses of investment banks Bear Sterns and Lehman Brothers [...]
HONG KONG SAR, Oct. 28 (Korea Bizwire) – Since its humble beginnings in the wake of the economic reforms and opening up enacted by the late Chinese leader Deng Xiaoping more than three decades ago, family businesses have grown to become the back bone of China’s economic growth. In China, family firms contributed to about 60 percent [...]
HONG KONG SAR, Sept. 24 (Korea Bizwire) - Sustainable investing, once viewed as an outlier maybe only a decade ago, has never been more popular. To put things into perspective, sustainable funds in the U.S. attracted record investment of nearly US$2 trillion in the first quarter of 2021, according to industry data provider Morningstar. As demand for [...]
HONG KONG SAR, Aug. 19 (Korea Bizwire) – China has seen some of the most destructive earthquakes in history. For example, the devastating 2008 Earthquake in Sichuan province killed over 69,000 people, left up to 11 million people homeless and caused up to US$20 billion in property damage. The country sits atop seismically active areas, and it [...]