ISSUE: DECEMBER 2020
Chen, J.J., Zhou, S. and Xie, L. (2020), 'Managerial Multi-tasking, Team Diversity, and
Mutual Fund Performance', Journal of Corporate Finance, V65, December 2020, 101766
(ABS4)
Chang, E. C., Lin, T. C., Ma, X. (2020), 'Governance Through Trading on Acquisitions of
Public Firms', Journal of Corporate Finance, Volume 65, 101764 (ABS4)
Lei Adrian C.H., Ma, X. and Yick. H.Y. (2020), 'Callable bull/bear contracts, call auction
sessions, and price manipulations: Evidence from Hong Kong', Journal of Futures
Markets, V40, 1731-1750 (ABS3)
Yang F.X., Wong, I.P.A., 'The social crisis aftermath: Tourist well-being during the
COVID-19 outbreak', Journal of Sustainable Tourism, Forthcoming (ABS3)
McCartney, G., & McCartney, A. (2020), 'Rise of the machines: Towards a conceptual
service-robot research framework for the hospitality and tourism industry', International
Journal of Contemporary Hospitality Management,
https://www.emerald.com/insight/content/doi/10.1108/IJCHM-05-2020-0450/full/html
(ABS3)
Gu, X.H., Tam, P.S., Lei, C.K. (2020), 'The effects of inequality in the 1997-98 Asian
crisis and the 2008-09 global tsunami: The case of five Asian economies', Journal of
International Money and Finance, DOI: https://doi.org/10.1016/j.jimonfin.2020.10230
(ABS3)
Kim, J. J., Choe, J.Y.J ., & Hwang, J., 'Application of consumer innovativeness to the
context of robotic restaurants', International Journal of Contemporary Hospitality
Management. Accepted (ABS3)
Chen, T., 'A cross-country study on informed herding', International Journal of Finance
and Economics, Forthcoming (ABS3)
Chen, T. (2020), 'Delayed informed trades and opinion divergence: Evidence from
earnings releases', International Journal of Finance and Economics, Forthcoming
(ABS3)
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ABS3 or Above (November - December 2020)
Journal Publications (Published and Forthcoming)
During November to December 2020, colleagues in the FBA published (including
forthcomings) 2 ABS4, 7 ABS3, and 21 other refereed journal papers. Cumulatively, 67
ABS3/4/4* and 102 other refereed journal papers have been published in 2020. The number of
journal publications in 2020 is much higher than in 2019 (44 ABS3/4/4* and 59 other refereed
journal papers).
Starting from the last issue, we have added a column, “Articles in Professional Journals and
Media”, in the research newsletter to promote the impact of our research. 8 articles are
reported in this issue, being 1 article in Macau Business and 7 articles in Macao Daily.
6 students had completed their PhD studies in the 1st semester of the academic year
2020/2021. 4 of them are now in an academic position in a university.
During November to December 2020,the Business Research and Training Center (BRTC) at
FBA organised forums on “SME Business” and “ICT and Corporate Governance”, a workshop
on “Development of Macao’s Financial Industry” and a sharing session on "Planning and
Development of the Macao Financial Sector”.
15 seminars were held during November to December 2020: 2 FBA academic staff seminars,
4 distinguished scholar seminars and 9 visiting scholar seminars.
Faculty of Business Ad m i n i s t r a t i o n , U n i ve r s i ty o f M a c a u
Highlights
Journal Publications
Articles in Professional Journals
and Media
PhD Completions
Seminar Series
Forums
Table of Contents
1
Source: Generated from http://bida.fba.um.edu.mo/staff/ as of 15th December 2020
Highlights
Faculty of Business Ad m i n i s t r a t i o n , U n i ve r s i ty o f M a c a u
2
Articles in Professional Journals and Media, PhD Completions
Articles in Professional Journals and Media
Jean Jinghan Chen and Philip Kin Fun Law, ‘New Regulations on Public Assets
Supervision and Planning and The Need for Corporate Governance Code in Macau’,
Macau Business, pp.50-51, November 2020.
Jean Jinghan Chen and Hung Wan Kot, “ ”, [ ]
2020-11-01 A11 .
Matthew Ting Chi Liu, " ", [ ] 2020-11-08 A11 .
Matthew Ting Chi Liu, " ", [ ] 2020-11-15 A11
.
Matthew Ting Chi Liu, " ", [ ] 2020-11-22 A11 .
Matthew Ting Chi Liu, " ", [ ] 2020-11-29 A11 .
Matthew Ting Chi Liu, " ", [ ] 2020-12-06 A11 .
Matthew Ting Chi Liu, " ", [ ] 2020-12-13 A11
.
Macau Business
Macau Daily News
PhD Completions in 1st semester of 2020/2021
Huaxi Zhang
Shaoshuai Li
Yizhou Yuan
Hio Nam Io
Xi Zhao
Xinhe Zhang
Area: Accounting
Supervisor: Prof. Jean Jinghan Chen
Placement: Lecturer, Tsinghua PBC School of Finance
Area: Business Economics
Supervisor: Prof. Jia Yuan
Placement: Assistant Professor, Macau University of Science and Technology
Area: Marketing
Supervisor: Prof. Chanthika Pornpitakpan
Placement: Lecturer, Xi’an International Studies University
Area: Information Systems
Supervisor: Prof. Patrick Chang Boon Lee
Placement: Lecturer, Macau University of Science and Technology
Area: Management
Supervisor: Prof. Jacky Hong
Area: Management
Supervisor: Prof. Jie Wu
Faculty of Business Ad m i n i s t r a t i o n , U n i ve r s i ty o f M a c a u
3
Forums
BRTC successfully organised a workshop on the development of Macao’s financial industry
on 4th November. The workshop was part of the series of the ”Executive Development
Program” by FBA. Several senior executives from the financial and banking sectors of Macao
and academics were invited to participate in the workshop. The aim of the workshop was to
explore the future development of the financial industry in Macao and during the workshop we
had successfully collected the industry’s views on the future development of Macao’s financial
industry. We believe this highly pragmatic and constructive round table conference will play
an important role in the long-term development of Macao’s financial industry and provide
policy and practical operation suggestions.
Forums
The Department of Management and Marketing and the Business Research and Training
Center (BRTC) at FBA recently co-organised the SME Business Forum 2020. The event
aimed to create a platform for owners of small- and medium-sized enterprises (SMEs) in
Macao to firstly, exchange ideas with our staff and students and secondly, to search for
business opportunities and cope with the COVID-19 challenges. During the forum, the
speakers shared their experiences with our alumni, faculty staff, and students and discussed
ways to deal with the current crisis and look for future business opportunities.
As one of the founding members of The Guangdong - Hong Kong - Macau Universities’
Alliance of Accounting (GHM_UAA), FBA jointly organised the Alliance’s first academic online
forum on Accounting and Corporate Governance on 21st November 2020. GHM_UAA was
established recently to serve as an important platform for academics and professionals in
accounting and financial management to advance research and professional development in
accounting and financial management. Professor Jean Chen was elected as the Executive
Director of the Alliance.
Faculty of Business Ad m i n i s t r a t i o n , U n i ve r s i ty o f M a c a u
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Forums
FBA held a sharing session on "Planning and Development of the Macao Financial Sector”.
Dr. Benjamin Sau San Chan, Chairman of the Board of Directors of the Monetary Authority
of Macao (AMCM), shared his insights on the current situation of the local financial sector
and exchanged opinions on this topic with the students of the first two in-takes of the Doctor
of Business Administration (DBA) programme. Dr. Benjamin Chan also talked about the
impact of the COVID-19 pandemic on the local economy and introduced the development
direction of Macao's financial market. He pointed out that in order to integrate into the
development of the Greater Bay Area, AMCM has successively established the Real Time
Immediate Settlement System for the Macao Pataca, RMB and Hong Kong dollar in recent
years.
The Department of Accounting and Information Management of the FBA recently organised
The ICT and Corporate Governance Forum on 9th December 2020. Over 60 academics and
research students from universities in Macau and beyond attended the forum, either in
person or from online. After Prof. Jean Chen, Dean of FBA, presented the welcome remark,
Prof. Qiang Ye delivered the keynote speech titled “The Heterogeneity of Online Searches
in Stock Markets”. He elaborated how and why investors’ information seeking behavior
occur at different times and have diverse power in predicting stock returns. Prof. Runhui Lin
delivered the other keynote speech titled “The Influence Mechanisms of Blockchain on
Organization Governance”. He explained how blockchain would revolutionize the various
aspects of organization governance.
FBA Newsletter Team (fba_newsletter@um.edu.mo)
Contact
"Who are food neophobic tourists? The influence of food neophobia on tourists' local food
experiences" by Prof. Jacey Choe, Faculty of Business Administration, University of Macau
(11/11/2020)
“Corporate Taxes and Corporate Social Responsibility” by Dr. Endong Yang, Faculty of
Business Administration, University of Macau (25/11/2020)
“JORS and OR journal development history, current state, and future projections” by Prof.
Zhe George Zhang, Professor, Management Science, College of Business and Economics,
Western Washington University (04/11/2020)
"Current challenges and issues in accounting research" by Prof. Edward Lee, Professor,
Alliance Manchester Business School, University of Manchester (18/11/2020)
"A Conversation with Prof. Anne Tsui on Responsible Leadership and Responsible Research"
by Prof. Anne Tsui, Adjunct Distinguished Professor, University of Notre Dame (02/12/2020)
"The Fast and the Furious: Exchange Latency and Ever-fast Trading" by Prof. Tony He,
Professor in Finance, University of Technology Sydney (09/12/2020)
“Bank efficiency comparison for three Chinese regions: A two-stage data envelopment
analysis” by Prof. Lei Peng, Assistant Professor, Beijing Normal University at Zhuhai
(27/11/2020)
“Inequality hikes, saving surges, and housing bubbles” by Prof. Qingbin Zhao, Assistant
Professor of Economics, Southwest University of Political Science & Law (27/11/2020)
“Firms’ choices of price, quality, product scope, and consequences of trade in an open
economy: Evidence from China” by Prof. Jie Li, Institute of Industrial Economics Jinan
University (14/12/2020)
“The Transparency Premium” by Dr. Bin Miao, Associate Professor of Accounting, The
Chinese University of Hong Kong, Shenzhen (15/12/2020)
“Improving Minimum Variance Portfolios by Alleviating Over-dispersion of Eigenvalues” by Dr.
Fangquan Shi (16/12/2020)
“LADE-based Inferences for Autoregressive Models with Heavy-tailed G-GARCH(1, 1) Noise”
by Prof. Xingfa Zhang, School of Economics and Statistics Guangzhou University (16/12/2020)
“Analysis and visualization of economic management data based on Jupyter” by Prof. Binhui
Wang, School of Management Jinan University (16/12/2020)
“Does Experience as Independent Directors Improve Individual Auditors’ Audit Quality?” by
Prof. Yingwen Guo, Assistant Professor of Accounting, Nanjing University (16/12/2020)
"CSR Reporting in the Greater Bay Area: Institutional Environments, Measures and Future
Application in Macao" by Dr. Jenny Guan, Assistant Professor in Accounting, Macao Institute of
Tourism Studies (18/12/2020)
FBA Academic Staff Seminars
Distinguished Scholar Seminars
Visiting Scholar Seminars
Faculty of Business Ad m i n i s t r a t i o n , U n i ve r s i ty o f M a c a u
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Seminar Series
Seminar Series