Cheng, Jeremy（鄭志揚）

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    Biography

    Jeremy Cheng is the Founder and Principal Consultant of GEN+ Family Business Advisory & Research, an independent advisory firm striving to advance sustainability and knowledge of Asian families and their service firms.  Prior to founding GEN+, Jeremy led family business centers in Hong Kong, responsible for organising events, programs, and research projects.

    Jeremy is a Board Member of FFI (2023-2027), the oldest and most prestigious multidisciplinary professional association for family enterprise globally.  He is also a Faculty member of FFI’s Global Education Network, Founding Chair of the FFI Asian Circle, and member of the FFI Nominating Committee (2019).  He has been granted the Fellow status of FFI since October 2019, the first honoree in Hong Kong and amid the highly select group of less than 300 advisors, scholars, and family members receiving this top qualification globally.  He is the recipient of the FFI Barbara Hollander Award 2021, recognising his profound interest in family business and his love for education and learning.  Jeremy was also a member of the research committee (survey and case committees) of the Successful Transgenerational Entrepreneurship Practices (STEP) Project, a global family business research consortium with almost 40 university affiliates.

    Jeremy earned his PhD from CUHK, with research focusing on governing families-in-business in transition.  He holds an International MBA with Distinction from Victoria University of Wellington, a Master of Arts in Linguistics, a Bachelor of Social Science in Psychology, and an Advanced Diploma in Professional Financial Planning, all from CUHK.  He also holds an Advanced Certificate in Family Business Advising (ACFBA), an Advanced Certificate in Family Wealth Advising (ACFWA), and a Postgraduate Diploma in Research and Professional Studies in Education from University of Bristol.  He has been admitted as a Fellow of Chartered Institute of Marketing in the United Kingdom in June 2024 and has been granted the Chartered Marketer status since July 2010.

    Teaching Areas

    Family Business
    Family Office
    Governance
    Family Advisory
    Transgenerational Entrepreneurship

    Research Interests

    Family Business
    Family Office
    Governance
    Family Advisory
    Transgenerational Entrepreneurship

    • Publications & Working Papers

      Journal Articles

      • H. Al-Dajani, R. Basco, A. Calabrò, J. Cheng, E. Clinton, J. J. Daspit, A. De Massis, A. Discua Cruz, L. Garcia-Lorenzo, W. B. Gartner, O. Germain, S. Gherardi, J. Helin, J. M. Imas, M. McAdam, N. Pavan Bang, M. Radu-Lefebvre, P. Rovelli, M. Tillmar, M. Torchia, K. Verduijn, and F. Welter (2023), “A Multi-Voiced Account of Family Entrepreneuring Research Ideas,” International Journal of Entrepreneurial Behaviour and Research.
      • R. King and J. Cheng (2020), “Reframing Succession in a Disruptive Era: A Business Family Perspective,” International Family Offices Journal, 5(2), 6-11.
      • C. Y. J. Cheng (2014), “An Exploratory Study of Emotional Affordance of a Massive Open Online Course,” European Journal of Open, Distance and e‐Learning, 17(1), 43-55.
      • Y. L. Cheung and C. Y. J. Cheng (2007), “Implementing Writing-Across-the-Curriculum in Hong Kong: The Challenges of a WAC Tutor,” TESL Reporter, 40(1), 17-34.

      Edited Book

      • J. Cheng, L. Diaz-Matajira, N. P. Bang, R. Basco, A. Calabrò, A. James, and G. Samara (Eds.) (2022), Family Business Case Studies Across the World: Succession and Governance in a Disruptive Era, Cheltenham, UK: Edward Elgar.

      Book Chapters and Academic Booklets

      • R. King and J. Cheng (2023), “Reframing Succession in a Disruptive Era: A Business Family Perspective,” in Essential Reads on Family Offices, Globe Law and Business.
      • J. Cheng and R. King (2023), “Transition from Family Business to Business Family: Managing Paradoxical Tensions in Organizational Identities and Portfolio Entrepreneurship,” in M. Rautiainen, M. J. Parada, T. Pihkala, N. Akhter, A. Discua Cruz, and K. Mukherjee (Eds.), The Palgrave Handbook of Managing Family Business Groups, Cham: Palgrave MacMillan, pp. 549-586.
      • N. P. Bang, G. Samara, R. Basco, A. Calabrò, J. Cheng, L. Diaz-Matajira, and A. James (2022), “Family Firms Across the World: Succession and Governance in a Disruptive Era,” in J. Cheng, L. Diaz-Matajira, N. P. Bang, R. Basco, A. Calabrò, A. James, and G. Samara (Eds.), Family Business Case Studies Across the World: Succession and Governance in a Disruptive Era, Cheltenham, UK: Edward Elgar, pp. 1-9.
      • R. Basco, A. James, N. P. Bang, A. Calabrò, J. Cheng, L. Diaz-Matajira, and G. Samara (2022), “Conclusion: The Lessons Learned,” in J. Cheng, L. Diaz-Matajira, N. P. Bang, R. Basco, A. Calabrò, A. James, and G. Samara (Eds.), Family Business Case Studies Across the World: Succession and Governance in a Disruptive Era, Cheltenham, UK: Edward Elgar, pp. 184-188.
      • J. Cheng, A. Calabrò, L. Diaz-Matajira, N. P. Bang, R. Basco, A. James, and G. Samara (2022), “Family Business Case Learning: How to Maximize Learnings from this STEP Project Global Casebook,” in J. Cheng, L. Diaz-Matajira, N. P. Bang, R. Basco, A. Calabrò, A. James, and G. Samara (Eds.), Family Business Case Studies Across the World: Succession and Governance in a Disruptive Era, Cheltenham, UK: Edward Elgar, pp. 10-19.
      • M. Jen, J. Cheng, K. Au, and X. Chen (2022), “DC International: Riding Out of Disruption as a Third-Generation Successor,” in J. Cheng, L. Diaz-Matajira, N. P. Bang, R. Basco, A. Calabrò, A. James, and G. Samara (Eds.), Family Business Case Studies Across the World: Succession and Governance in a Disruptive Era, Cheltenham, UK: Edward Elgar, pp. 161-168.
      • C. Y. J. Cheng, K. Au, and M. Jen (2021), “Death Smiles at Us All: Changing Demographics and Succession-Induced Portfolio Entrepreneurship,” in T. F.-L. Yu and H.-D. Yan (Eds.), The Routledge Companion to Asian Family Business: Governance, Succession, and Challenges in the Age of Digital Disruption, Oxon; New York, NY: Routledge, pp. 239-260.
      • C. Y. J. Cheng, K. Au, and M. Jen (2021), “Nurturing and Financing Transgenerational Entrepreneurship,” in H.-M. Chung and K. Au (Eds.), Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises, Singapore: Palgrave Macmillan, pp. 265-287.
      • C. Y. J. Cheng and R. King (2021), “Industry 4.0 and Asian Family Entrepreneurship: A Career Perspective,” in T. F.-L. Yu and H.-D. Yan (Eds.), The Routledge Companion to Asian Family Business: Governance, Succession, and Challenges in the Age of Digital Disruption, Oxon; New York, NY: Routledge, pp. 37-62.
      • M. Jen, K. Au, and J. Cheng (2021), “How Do I Talk to My Friends and Colleagues About Our Wealth/Business Worth?” in P. Jaskiewicz and S. B. Rau (Eds.), Enabling Next Generation Legacies: 35 Questions that Next Generation Members in Enterprising Families Ask, Canada: Family Enterprise Knowledge Hub Publishing, pp. 266-270.
      • K. Au and C. Y. J. Cheng (2015), “AML–Hong Kong,” in J. Hayton, C. Salvato, and M. J. Manimala (Eds.), Global Entrepreneurship: Case Studies of Entrepreneurial Firms Operating Around the World, Routledge, pp. 51-66.
      • C. Y. J. Cheng, K. Au, and H. C. F. Ho (2014), “Entrepreneurial Learning Journey to the CEO Suite: A Case of a Second-Generation Member in a Chinese Family Firm,” in P. Sharma, M. Yusof, M. Parada, R. DeWitt, and N. Auletta (Eds.), Global STEP Booklet: Volume II: Sustaining Entrepreneurial Family Businesses: Developing the Core, Expanding the Boundaries, STEP Summit Reports and Resources, pp. 33-36, Paper 13.
      • C. Y. J. Cheng, H. C. F. Ho, and K. Au (2014), “Transgenerational Entrepreneurship and Entrepreneurial Learning: A Case Study of the Associated Engineers, Ltd. in Hong Kong,” in P. Sharma and P. Sieger (Eds.), Exploring Transgenerational Entrepreneurship: The Role of Resources and Capabilities, Cheltenham, UK & Northampton, MA, USA: Edward Elgar, pp. 62-87.
      • Y. F. K. Au and C. Y. J. Cheng (2011), “Creating ‘The New’ Through Portfolio Entrepreneurship,” in P. Sieger, R. Nason, P. Sharma, and T. Zellweger (Eds.), Global STEP Booklet: Volume I: Evidence-Based, Practical Insights for Enterprising Families, STEP Summit Reports and Resources, pp. 17-21, Paper 5.
      • 區玉輝、金樂琦、鄭志揚 (2015)。“‘一胎政策’反思：中國企業家族愛的傳承。” 中國民營經濟研究會家族企業委員會編 中國家族企業傳承報告 (第1版)，中國：中信出版集團股份有限公司，頁245-252。。
      • 區玉輝、鄭志揚 (2012)。 “家族企業的慈善創投帶來的財富管理機遇。” 盧偉成、莊雄壯、吳映峰編 參伍開新:工商管理研究社三十五週年紀念文集，香港：中國評論學術出版社，頁172-182。

      Industry Reports

      • J. Cheng, K. Au, F.-W. F. Li, and C. Yeung (2023, November 20), “Boundaryless Success: Careers Within Asia’s Next Generation,” UBS & CUHK Centre for Family Business.
      • J. Cheng, K. Au, and Y. Tian (2022, December 15), “Regeneration of Family Businesses in China: Nurturing Tomorrow’s Entrepreneurial Leaders,” KPMG China, STEP Project Global Consortium, & CUHK Centre for Family Business.
      • C. Y. J. Cheng, K. Au, M. Widz, and M. Jen (2021, December), “The Governance Marathon: Dynamic Durability in Entrepreneurial Families Amid Disruptions,” Boston, MA: 2086 Society & the Family Firm Institute.
      • A. Calabrò, R. Basco, G. Samara, N. P. Bang, Y. Basuthakur, J. Cheng, L. Diaz-Matajira, A. James, J. Lavender, T. McGinness, D. Trimarchi, M. J. Fedy, K. Yeung, M. Á. F. Borruey, J. Coelho, S. Rimoldi, M. Eli, and J. Luna (Eds.) (2021, May), “Empowering the Future of Family Business: A Four-Part Article Series of Research-Based Practical Insights,” KPMG Private Enterprise and STEP Project Global Consortium.
      • A. Calabrò, R. Basco, A. Valentino, J. Cheng, J. Lavender, T. McGinness, D. Trimarchi, and M. Eli (Eds.) (2021, March), “Mastering a Comeback: How Family Businesses are Triumphing Over COVID-19,” KPMG Private Enterprise & STEP Project.
      • C. Y. J. Cheng, L. Diaz-Matajira, A. Calabrò, J. Luna, M. Á. F. Borruey, and T. McGinness (2020, December), “Creating Value Through Good Governance: How to Balance What is Right for the Business and for the Family,” KPMG & STEP Project Global Consortium.
      • R. King and C. Y. J. Cheng (2018, November), “Where Technological Disruptors Meet Asian Family Businesses: Rethinking Next-Generation Leadership and Career,” Research in partnership with Lombard Odier.
      • Coutts & Co. (2015, November), “The Coutts Million Dollar Donors Report 2015, Hong Kong,” In collaboration with Mark Evans from Coutts and Co., Una Osili and Jacqueline Ackerman from Indiana University School of Philanthropy, and Roger King and Winnie Peng from The Hong Kong University of Science and Technology.
      • Coutts & Co. (2014, November), “The Coutts Million Dollar Donors Report 2014, Hong Kong,” In collaboration with Mark Evans from Coutts and Co., Una Osili and Jacqueline Ackerman from Indiana University School of Philanthropy, and Roger King and Winnie Peng from The Hong Kong University of Science and Technology.
      • Coutts & Co. (2013, November), “The Coutts Million Dollar Donors Report 2013, Hong Kong,” In collaboration with Mark Evans from Coutts and Co., Una Osili and Jacqueline Ackerman from Indiana University School of Philanthropy, and Kevin Au from The Chinese University of Hong Kong.

      Teaching Cases and Notes

      • J. Cheng and K. Au (2023), “Sparkle Collection: A Rising Generation’s Entrepreneurial Dilemma,” Ivey ID: W32213.
      • J. Cheng and K. Au (2023), “Teaching Note – Sparkle Collection: A Rising Generation’s Entrepreneurial Dilemma,” Ivey ID: W32214.
      • C. Y. J. Cheng, K. Au, and K. W. B. Shiu (2014), “Trans-Generational Entrepreneurship: Challenges to Automatic Manufacturing Limited in Hong Kong (A) & (B),” Coutts & Co & CUHK.
      • C. Y. J. Cheng, K. Au, and K. W. B. Shiu (2014), “Trans-Generational Entrepreneurship: Challenges to Automatic Manufacturing Limited in Hong Kong (A) & (B)–Teaching Note.”
      • C. Y. J. Cheng and K. Au (2014), “Luen Thai: Governance for the Tans’ Shared Future,” Coutts & Co. & CUHK.
    • Grants
      • KPMG co-branded research “Leading Regeneration and Value Creation of Family Enterprises in China” (August 2022; with Kevin Au)
      • Credit Suisse commissioned research “Boundaryless Success: Entrepreneurial Venturing and Leadership Opportunities in the Rising Generations” (October 2021; with Kevin Au)
      • Family Firm Institute 2086 Society commissioned research “The Governance Marathon: Advising Families-in-Business in Disruption-in-Disruptions” (October 2020; with Kevin Au)
      • Lombard Odier commissioned research “Where Technological Disruptors Meet Asian Family Businesses: Rethinking Next-generation Leadership and Career” (November 2018; with Roger King)
      • Coutts & Co commissioned research “Coutts Million Dollar Donor Report 2015, Hong Kong” (June 2015; with Roger King & Winnie Peng)
      • Coutts & Co commissioned research “Coutts Million Dollar Donor Report 2014, Hong Kong” (April 2014; with Roger King & Winnie Peng)
      • Coutts & Co commissioned research “Case Studies for Coutts Prize in Family Business Hong Kong” (January 2014; with Kevin Au)
      • Coutts & Co commissioned research “Coutts Million Dollar Donor Report 2013, Hong Kong” (March 2013; with Kevin Au)
    • Awards & Honours
      • Recipient, Barbara Hollander Award 2021, Family Firm Institute
      • Best Paper Award – Contribution to Practice, Global Family Business Summit 2024, STEP Project Global Consortium
    • Academic/Professional Services
      • Vice-President, Board of Directors, Association of Future-Ready Family Advisory, Geneva, Switzerland (2024 – Present)
      • Member, Board of Directors, Family Firm Institute (FFI), USA (Nov 2023 – Nov 2027)
      • Faculty, Global Education Network, FFI, USA (Jan 2017 – Present)
      • Founding Chair, FFI Asian Circle
      • Member, Successful Transgenerational Entrepreneurship Practices (STEP) Project Global Consortium, Netherlands

    Mao, Shuguang（毛曙光）

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      Biography

      Dr Mao was a Managing Director at GF Investments (Hong Kong), working on the Greater Bay Area Private Equity Fund of Fund. He has over twenty years of professional working experience at investment banking and asset management companies. He also worked at Citigroup, Barclays Capital, and Harvest Global Investments.

      Dr Mao is very familiar with M&A, hedge fund, corporate financing, and the cross-border financial products. Dr Mao is also a leading specialist in Green Finance and familiar with the Green Bond products and related ESG products. He graduated from Nanjing University with Bachelor of Science degree and PhD degree from Stanford University.

      Dr Mao is currently a Senior Business Partner at CMBC, the chairperson of TCFA Hong Kong Chapter, the Adjunct Professor at Chinese University of Hong Kong (CUHK), and the CEO of Guangzhou Laureates City Investment Development Limited.

      Teaching Areas

      Green Finance
      ESG

      Research Interests

      Sustainable Growth
      Middle East Economic Development

      Tseng, Kevin（曾俊凱）

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        Biography

        Professor Kevin Tseng is an Associate Professor at the Chinese University of Hong Kong (CUHK) Business School. He previously taught at the National Taiwan University (NTU) as the EMBA Alumni Elite Chair and the Chen-Yung Outstanding Scholar. Before joining NTU, he was a Financial Economist at the Federal Reserve Bank of Richmond and an Assistant Professor at the University of Kansas’ School of Business.

        Professor Tseng has a broad research interest. He has published in the areas of knowledge spillover, asset pricing, disclosure, innovation, corporate finance, and behavioral economics. His articles have appeared in leading scholarly journals, including The Journal of Finance, the Journal of Accounting and Economics, Review of Financial Studies, The Accounting Review, Management Science, the Journal of Financial and Quantitative Analysis, Contemporary Accounting Research, and the Journal of Economics and Management Strategy. In 2022, he received the MOST Outstanding Research Award; in 2015, he received the WFA Cubist Systematic Strategies PhD Candidate Award for Outstanding Research.

        Teaching Areas

        Valuation
        Financial Statement Analysis

        Research Interests

        Information Disclosure
        Asset Pricing
        Innovation
        Corporate Finance
        Behavioral Economics

        • Awards & Honours
          • MOST Outstanding Research Award, 2022
          • Early-Career Investigator Research Achievement Award, Academia Sinica, 2022
          • Young Researcher Award, Taiwan Econometrics Society, 2022
          • Young Researcher Award, Taiwan Risk and Insurance Association, 2022
          • E. Sun Academic Award, E.SUN FHC & National Taiwan University, 2021-2023
          • Best Paper Award, TFA Annual Meeting, 2018, 2020-2022
          • Best Paper Award, Management and Practice Conference, 2021
          • Chen-Yung Outstanding Scholar, National Taiwan University, 2020
          • EMBA Alumni Elite Chair, National Taiwan University, 2020
          • Best Paper Award Semifinalist, Financial Management Association (FMA) Annual Meeting, 2018-2019, 2023 (*2)
          • Best Paper Award, Asian Finance Association (Asian FA), 2016
          • Ph.D. Candidate Award for Outstanding Research, Western Finance Association (WFA), 2015
          • PhD Forum Best Paper Award Second Prize, Australasian Finance and Banking Conference (AFBC), 2014
        • Academic/Professional Services
          • Ad-Hoc Referee, Review of Financial Studies, Management Science, Journal of Financial and Quantitative Analysis, Contemporary Accounting Research, Research Policy, Review of Corporate Finance Studies, Journal of Banking and Finance, Journal of Empirical Finance
          • Organising Committee, 2019 TFA Asset Pricing
          • Programme Committee, Northern Finance Association (NFA), Financial Management Association (FMA), Financial Management Association Asia/Pacific (FMA Asia), Southern Finance Association (SFA)

        Ma, Xufei（馬旭飛）

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          Biography

          Prof. Xufei Ma is a tenured full professor at the Department of Management, The Chinese University of Hong Kong (CUHK). Before he returned to CUHK Business School, he was the Terry Gou Chair Professor and a tenured full professor (2020-2022) of the School of Economics and Management (SEM) and Shenzhen International Graduate School (SIGS) at Tsinghua University. He was also a Cheung Kong Chair Professor granted by the Ministry of Education, China. He received a bachelor’s degree from Xi’an Jiaotong University (China), an MBA from the University of Saskatchewan (Canada), and a Ph.D. from the National University of Singapore. He was an assistant professor (2007-2013) and then a tenured associate professor (2013-2018) at CUHK, and a tenured full professor (2018-2020) at City University of Hong Kong (CityU). He also served as the director of CUHK’s Center for Entrepreneurship (2016-2018) and CUHK’s Center for International Business Studies (2018), and the Vice Chair of the Department of Innovation, Entrepreneurship, and Strategy at Tsinghua SEM (2020-2022). He’s taught strategy courses for EMBA programmes (in both English and Chinese) at Tsinghua, CityU, and CUHK.

          Prof. Ma’s research focuses on strategic management, international business, and innovation/entrepreneurship in China’s emerging economy. He has published papers in UTD and FT-listed journals such as Academy of Management Journal, Strategic Management Journal, Journal of International Business Studies, Journal of Management, Journal of Management Studies, and Journal of Business Venturing, among others. He received the Haynes Prize for the Most Promising Scholar from the Academy of International Business; became the first Chinese Dunning Fellow at the John H. Dunning Center for International Business, UK; and was awarded the Journal of International Business Studies 50th Anniversary Silver Medal. He is an Area Editor for the Journal of International Business Studies (2023-2025).

          Before Prof. Ma joined academia, he had worked for a leading central-level Chinese business group in Beijing and Shanghai. He has served as an independent director for Western Trust, Tu Ba Tu Group, and Beijing Urban Construction Design & Development Group. He’s the co-secretary-general and co-chairman (2024) of Chinese Management Model C50+ Forum, and the co-founder and co-chairman of Greater Bay Area Senior Management Scholars College.

          Teaching Areas

          Strategic Management

          Research Interests

          Strategy
          International Business
          Innovation & Entrepreneurship
          (Greater Bay Area, China, Singapore)

          • Publications & Working Papers

            Top Journal Publications (UTD & Financial Times Journals):

            • Z. Deng, X. Ma*and Z. Zhu (2022), “Transactional dependence and technological upgrading in global value chains,” Journal of Management Studies, 59 (2), 390-416. (FT45)
            • D. Ahlstrom*, J-L Arregle, M. Hitt, G. Qian, X. Ma and D. Faems (2020), “Managing technological, sociopolitical, and institutional change in the New Normal,” Journal of Management Studies, 57(3), 411-437. (FT45)
            • L. Luo, X. Ma*, M. Shige and G. Shinkle (2020), “Cluster status and new venture creation,” Journal of Business Venturing, 35(5), 105985. (FT45)
            • S. Zhu*, X. Ma, M. Peng and S. Sauerwald (2019), “Home country institutions behind cross-border acquisition performance,” Journal of Management, 45(4), 1315-1342. (FT45)
            • R. Krause, W. Li*, X. Ma and G. Bruton (2019), “The board chair effect across countries: An institutional view,” Strategic Management Journal, 40(10), 1570-1592. (UTD24)
            • R. Mudambi*, L. Li, X. Ma, S. Makino, G. Qian and R. Boschma (2018), “Zoom in, zoom out: Geographic scale and multinational activity,” Journal of International Business Studies, 49 (8), 929-941. (UTD24)
            • J. Gaur, X. Ma* and Z. Ding (2018), “Home country supportiveness/unfavorableness and outward foreign direct investment from China,” Journal of International Business Studies, 49, 324-345. (UTD24)
            • J. Xia*, X. Ma, J. Lu and D. Yiu (2014), “The outward FDI of emerging market firms: A resource dependence logic,” Strategic Management Journal, 35(9), 1343-1363. (UTD24)
            • X. Ma*, A. Delios and C.M. Lau (2013), “Beijing or Shanghai? The strategic location choice of large MNEs’ host country headquarters in China,” Journal of International Business Studies, 44, 953-961. (UTD24)
            • X. Ma, T.W. Tong and M. Fitza (2013), “How much does subnational region matter to foreign subsidiary performance? Evidence from Fortune Global 500 corporations’ investment in China,” Journal of International Business Studies, 44(1), 66-87. (UTD24)
            • X. Ma* and A. Delios (2010), “Host country headquarters and an MNE’s subsequent within-country diversifications,” Journal of International Business Studies, 41: 517-525. (UTD24)
            • J. Lu*, and X. Ma (2008), “The contingent value of local partners’ business group affiliation,” Academy of Management Journal, 51(2), 295-314. (UTD24)

            Other SSCI Journal Publications:

            • L. Luo, X. Ma and Z. Wang* (2022), “The moderate-reputation trap: Evidence from a Chinese cross-border business-to-business e-commerce portal.” Asia Pacific Journal of Management, 39(2), 395-432.
            • X. Ma, Z. Deng* and Y. Tang (2021), “Relieving Status Anxiety: How Low-Status Firms Respond to International Status-Heterophilous Relationships,” Journal of World Business, 56 (6), 101259. (SSCI)
            • X. Ma, A. Delios and S. Yu* (2020), “Innovation in MNC’S strategy and structure: the (re) emergence of host country headquarters in large emerging markets,” Asia Pacific Journal of Management, 37(3), 609-632. (SSCI)
            • H. Chung*, Z. Ding and X. Ma (2019), “Organizational learning and export performance of emerging market entrepreneurial firms: The roles of RBV mechanism and decision-making approach,” European Journal of Marketing, 53(2), 257-278. (SSCI)
            • J. Xia, X. Ma, T. Tong and W. Li* (2018), “Network information and cross-Border M&A activities,” Global Strategy Journal, 8 (2), 301-323. (SSCI)
            • J. Lu, X. Ma, L. Taksa and Y. Wang* (2017), “From LLL to IOL3: Moving dragon multinationals research forward,” Asia Pacific Journal of Management, 34(4), 757-768. (SSCI)
            • X. Ma* and J. Lu (2017), “Business group affiliation as institutional linkages in China’s emerging economy: A focus on organizational traits and institutional conditions,” Asia Pacific Journal of Management, 34, 675-697. (SSCI)
            • X. Ma, P. Wang and D. Li* (2017), “What Determines the Establishment of Chinese Multinational Enterprises’ Asian Regional Headquarters?” Management and Organization Review, 13(1), 85-119. (SSCI)
            • X. Ma, Z. Ding* and L. Yuan (2016), “Subnational institutions, political capital, and the internationalization of entrepreneurial firms in emerging economies,” Journal of World Business, 2016 51(5), 843-854. (SSCI)
            • X. Zhang*, X. Ma, Y. Wang, X. Li and D. Huo (2016) “What drives the internationalization of Chinese SMEs? The joint effects of international entrepreneurship characteristics, network ties, and firm ownership,” International Business Review, 25, 522-534. (SSCI)
            • J.W. Lu* and X. Ma (2015), “Partner resource asymmetry and IJV survival,” Asia Pacific Journal of Management, 32, 1039-1064. (SSCI)
            • X. Zhang*, X. Ma, Yue Wang and Yangwen Wang (2014), “How can emerging market small and medium-sized enterprises maximize internationalization benefits? The moderating effect of organizational flexibility,” International Small Business Journal, 32(6), 667-692. (SSCI)
            • X. Ma*, D. Yiu and N. Zhou (2014), “Facing global economic crisis: Foreign sales, ownership groups, and corporate value.,” Journal of World Business, 49(1), 87-100. (SSCI)
            • D. Yiu*, F. Ng and X. Ma (2013), “Business group attributes and internationalization strategy in China,” Asian Business & Management, 12(1), 14-36. (SSCI)
            • X. Ma*, X. Yao and Y. Xi (2009), “How do interorganizational and interpersonal networks affect a firm’s strategic adaptive capability in a transition economy?” Journal of Business Research, 62(11), 1087-1095. (SSCI)
            • X. Ma* and A. Delios (2007), “A new tale of two cities: Japanese FDIs in Shanghai and Beijing, 1979-2003,” International Business Review, 16 (2), 207-228. (Best Paper Award at International Business Review 2007) (SSCI)
            • X. Ma*, X. Yao and Y. Xi (2006), “Business group affiliation and firm performance in China’s transition economy: A focus on ownership voids,” Asia Pacific Journal of Management, 23(4), 467-483. (SSCI)

            Other Publications

            • Y. Wang*, K. Wang and X. Ma (2016), “Understanding international business negotiation behavior: Credible commitments, dispute resolution, and the role of institutions,” International Negotiation, 21(1), 165-198.
            • X. Zhang, X. Ma and Y. Wang* (2012), “Entrepreneurial orientation, social capital, and the internationalization of SMEs: Evidence from China,” Thunderbird International Business Review, 54(2), 195-210. (Best Paper Award at 4th China Goes Global Harvard Conference)
            • A. Delios* and X. Ma (2010), Strategy and management of business groups. In Colpan, A.M., Hikino, T., & Lincoln, J.R. (eds), The Oxford Handbook of Business Groups, Oxford University Press.
            • A. Delios* and X. Ma (2010), “China is undergoing a transformation…Yet again,” Ivey Business Journal, 74(1), 1-12.
            • X. Ma (2006), “Beyond transaction cost determinants: An integrated framework for export intermediary selection in emerging economies,” Advances in International Marketing, 19, 25-53.
            • X. Ma and J. Lu* (2005), “The critical role of business groups in China,” Ivey Business Journal, 69(5), 1-12.
            • 吴晓松、马旭飞、江俊毅、黄伟（2022）, “数字化时代新岗位–数字化项目集群经理, ” 哈佛商业评论（中文版）, 7, 124-129.
            • 吴晓松、马旭飞、黄伟、江俊毅（2022）, “让数字化转型战略软着陆–项目集群管理,” 清华管理评论, 1, 5-9.
            • 吴晓松、马旭飞、江俊毅、黄伟（2022）, “数字化项目集群管理地图,” 中欧商业评论, Oct Issue, accepted.
            • 黄伟、吴晓松、马旭飞, “大数据情景下复杂系统管理决策的综合集成方法与应用研究初探,” 管理世界.
            • 刘阿祺、马旭飞（ 2021）,”天使投资3.0：创新驱动与生态构建,” 清华管理评论, 6, 6-13.
            • 马旭飞、吴冰（2017）, “无依赖,不摆脱：中国企业国际化的“套路”。” 清华管理评论, 7/8, 65-73.
            • 马旭飞、王阳雯（2018）, “无制度,不企业。” 管理学季刊, 1, 31-39.
            • 马旭飞、杨慧（2015）,《互联网时代新战略全景》, 经济管理出版社
            • 杨慧、马旭飞（2015）,《互联网时代的新创客》, 中信出版社
          • Grants
            • Start-up Grant awarded by School of Economics and Management, Tsinghua University # 110000247, Sep 2020-Aug 2022 (PI)
            • Start-up Grant awarded by Shenzhen International Graduate School, Tsinghua University # 07010300001, Sep 2020-Aug 2022 (PI)
            • Basic Research Grant awarded by Shenzhen International Graduate School, Tsinghua University # 07010100001, Sep 2020-Aug 2023 (PI)
            • Foreign Direct Investment and the Founding of Local Startups awarded by City University of Hong Kong #9380098, Jan 2019-Dec 2020 (PI)
            • “Whether and How: The Influence of Chair-CEO Pair on Firm Performance”, City University of Hong Kong #7005388, Jan 2019-Aug 2021 (PI)
            • “Business Group CSR Reputation and the Value of Affiliates”, City University of Hong Kong #7005199, Oct 2018-Sep 2019 (PI)
            • “Multinational Corporations’ Local Expansion Pace, Weight, and Consequent Public Crises in a Large Emerging Market”, UGC-GRF # 9042756, Jan 2016-Dec 2017 (PI)
            • “Resource Dependencies, Siblings, Partners, and Emerging Market Firms Cross-Border M&As'”, UGC-GRF # 2170230, Jan 2015-Dec 2016 (PI)
            • “Organizational Learning and Export Performance of Chinese Private Firms”, CUHK #4057063, Jan 2015-Dec 2016 (PI)
            • “How much does CEO matter to Chinese listed companies’ performance?”, CUHK #4057042, Oct 2013-Oct 2015 (PI)
            • “Antecedents and Consequences of the Establishment of Host Country Headquarter in Large Emerging Markets: Evidence from BRIC Countries”, UGC-GRF #2170190, Jan 2012-Dec 2014 (PI)
            • “How Much Does Subnational Region Matter? Evidence from MNCs’ Subsidiaries in China”, CUHK #2070457, Jan 2011-Dec 2012 (PI)
            • “Hong Kong or Singapore? Strategic Location Choice of Chinese Multinational Firms’ Asia Regional Headquarters”, CUHK #2190228, Sep 2010-Jun 2012 (PI)
            • “Why do some Chinese firms choose Hong Kong as their Asia regional headquarters?”, Hong Kong Institute of Asia Pacific Studies, CUHK #6902863, Aug 2010-Jun 2012 (PI)
            • “Host Country Headquarters and an MNE’s within-country diversifications in a Large Emerging Market”, CUHK #2070406, Dec 2008-Nov 2010 (PI)
          • Awards & Honours
            • Cheung Kong Chair Professor, Ministry of Education, China, 2021
            • Silver Medal, Journal of International Business Studies (a UTD journal) 50th Anniversary Contributions Award, 2019
            • Dunning Fellow, John Dunning Center for International Business, Reading University, 2017
            • Haynes Prize for the Most Promising Scholar, Academy of International Business, 2006
            • Best Reviewer Award: Academy of International Business, 2012 and 2014
            • Best Reviewer Award: International Associate of Chinese Management Research, 2014
            • Faculty Teaching Awards, CUHK Business School
            • The Best Paper Award at International Business Review (SSCI), 2007
            • Winner of the Best Student Paper Award, Asia Academy of Management, 2006
            • PI/Co-I: about US$1 million of research grants from Tsinghua, CityU, CUHK, GRF, NSFC
            • Shenzhen Overseas High-level Talent Certificate, 2021
          • Academic/Professional Services
            • Area Editor, Journal of International Business Studies, 2023-2025
            • Senior Editor, Management and Organization Review, 2021-2022
            • Senior Editor, Asia Pacific Journal of Management, 2022-2022
            • Area Editor, Quarterly Journal of Management, 2016-2021
            • Special Issue Editor, JIBS (UTD), JMS (FT), APJM (SSCI)
            • Editorial Board, JMS, JWB, GSJ, APJM
            • Member, Conference Program, Chinese Academy of Management Meeting, 2021
            • Track Chair, Asia Academy of Management Meeting, 2021-2022
            • PhD Symposium Chair, SMS Special Conference, Hong Kong, 2016
            • Chair, Junior Faculty/Doctoral Consortium, AAOM Conference, Hong Kong, 2015
            • Track Chair, European International Business Academy, Leeds, 2019
            • Director & Treasurer, Asia Academy of Management (AAOM), 2015-2018
            • Independent Director, Western Trust Co., Ltd., 2016-2022
            • Independent Director, Beijing Urban Construction Design & Dev Group Co. Ltd, 2019-2022
            • Independent Director, Tu Ba Tu Group Co., Ltd, 2020-
            • Host Organizer, China Angel Investors Conference, 2018
            • Co-Secretary-General, Chinese Management Model C50+ Forum, 2017-
            • Co-Chairman (elect), Chinese Management Model C50_ Forum, 2024
            • Co-Chairman and Co-Founder, Greater Bay Area Senior Scholar College, 2021-

          Fong, Alex（方志偉）

          On this page...

            Biography

            Dr. Fong is a scholar-practitioner. He is a believer in life-long learning. He has continued to pursue scholastic research and teaching activities alongside his career pursuits.

            As a practitioner, Dr. Fong has worked in many different senior managerial capacities in both private and public sectors. As an entrepreneur, he is a Director of GRE Manufacturing Limited and GRE Alpha Electronics Limited, two privately owned electronics manufacturing companies. As an intrapreneur, he was the former CEO of the Hong Kong General Chamber of Commerce and the former Directorate Officer of the Hong Kong government. As a practitioner in corporate governance, he is an independent non-executive director of Hutchison Port Holdings Limited, Hong Kong Electric Investment Limited and Tom Group International Limited.

            As a scholar, Dr. Fong’s scholastic journey covers both empirical science and humanistic studies. In his DBA research, he developed a 2P3C Model to understand the sustainability of corporate human capital competitiveness. In his PhD research, he created a set of tools comprising differentiators, integrators, and connectors to help us understand the patterns of self–others interaction experience among stakeholders in enterprises. They can be deployed by CEOs to support oneness as an enterprise governance approach focusing on responsible leadership, enterprise well-being, and enterprise sustainability.

            Having worked, studied, and lived in multiple places like New York City, Tokyo, London, Cambridge, Oxford, Beijing, Shanghai, Ho Chi Minh City, Hong Kong and Singapore, he looks forward to tapping into his broad intellectual, sectoral and geographic experience to create an encounter of a different kind as he pursues his teaching and research activities at CUHK Business School.

            Dr. Fong is also a coach and a counsellor.

            Teaching Areas

            Global Management
            Entrepreneurship
            Leadership
            Economic Transformation of China
            Management of Public Finance
            Human Resource Management
            Project Management
            Business Consultancy
            Strategic engagement

            Research Interests

            Oneness
            Enterprise Governance
            Enterprise Well-being
            Enterprise Sustainability
            Entrepreneurship
            Business Strategy
            Leadership
            Organizational Behavior
            Human Resource Competitiveness
            Strategic Engagement

            • Publications & Working Papers

              Conference papers

              • “Oneness in Business,” (2023) Presented at Philosophy of Management 15th Annual Meeting EM Normandie Business School, Oxford
              • “Global Leadership under oneness: Connecting the Parts and the Wholes through Consciousness,” (2021) Presented at the International Conference on Consciousness-Based Leadership and Management, Ohio, USA
              • “Oneness And Responsible Leadership,” (2019) Presented at Academy of Management (AOM) Specialized Conference on Responsible Leadership in Rising Economies, Bled, Slovenia
              • “The Oneness of Social Entrepreneurship,” (2018) Presented at International Conference on Entrepreneurship and Family Business Mumbai, India

              Book Chapters

              • “Global Leadership Under Oneness: Connecting Conscious Parts to Conscientious Wholes,” (2023) Book chapter with Duysal Askun in the Springer Handbook of Global Leadership and Followership
              • “Responsible Leadership Under Oneness: Conscious Parts and Conscientious Wholes,” (2022) Book chapter with Duysal Askun in the Routledge Research Companion to Business with a Conscience: A Research Companion
            • Academic/Professional Services
              • Chief Strategist, Hong Kong Philosophical Practitioners Association
              • Past President, Hong Kong Association in Atlanta
              • Past advisor, Institute of Active Ageing, The Hong Kong Polytechnic University
              • Past senior advisor, China International Chamber of Commerce, China Council for the Promotion of International Trade, Guangzhou Council, Guangzhou Chamber of Commerce
              • Past advisor, Nantong City Government, China
              • Past advisor, Wuxi Business Association
              • Past member, SFC Dual Filing Advisory Group, Securities Future Commission
              • Past member. Business Facilitation Committee, Hong Kong SAR Government
              • Past secretary, Hong Kong Port and Maritime Board
              • Past secretary, Hong Kong Logistics Development Council

            Cheung, Leong（張亮）

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              Chapter Honoree_Leong Cheung

              Biography

              Professor Leong Cheung is currently the Chief Strategy Officer in the Exchange Fund Investment Office of the Hong Kong Monetary Authority. He was the Executive Director of Charities & Community at The Hong Kong Jockey Club (HKJC) from 2014 to 2022. In this capacity, he co-founded and served as the co-chair of the Hong Kong Chapter of the United Nations’ Sustainable Development Solutions Network.

              Prior to joining the HKJC, Professor Cheung was the Operating Partner of Bain Capital. Before that, he was the Managing Director of Global Sourcing & Supply Chain at Esquel Group, the founder and CEO of an education focused internet venture, and a senior consultant at the Boston Consulting Group.

              Professor Cheung is active in the community. He is the co-founder of RunOurCity, an innovative social enterprise with the aim of transforming life through running. He currently serves as the chairperson of the HKSAR Government’s Committee on Reduction of Salt and Sugar in Food. He is an Advisor of Our Hong Kong Foundation, former independent Director of Kerry Properties (HKSE 0683) and the Hong Kong Mortgage Corporation Limited. He was a Council and Court (Deputy Chairman) member of the Lingnan University.

              Professor Cheung graduated from The Chinese University of Hong Kong with a Bachelor of Business Administration and obtained a Master of Business Administration from the Harvard Business School.

              Teaching Areas

              Strategy
              Philanthropy

              Research Interests

              Philanthropy
              ESG

              • Awards & Honours
                • Chapter Honoree, Beta Gamma Sigma CUHK Chapter, 2022
                • Honorary Fellowship, Lingnan University, 2019
              • Academic/Professional Services

                Professional/Public Services

                • Independent Non-Executive Director, Kerry Properties Limited, 2022-Present
                • Chairman, Committee on Reduction of Salt and Sugar in Food, 2020-Present
                • Non-Executive Director & Audit Committee Chairman, HKMC Annuity Limited, 2017-2022
                • Non-Executive Director, Hong Kong Mortgage Corporation Limited, 2016-2022
                • Member, Elderly Commission, 2015-2021
                • Member, Hong Kong Quality Migrant Admission Scheme Advisory Committee, Jul 2010-Jun 2016

                Community Services

                • Co-founder/Chairman, RunOurCity, 2021
                • Founding Director & Honorary Advisor, Social Venture Hong Kong, 2007-2021
                • Trustee, Esquel-Y.L.Yang Education Foundation, 2022-2013

                Academic Services

                • Adjunct Professor, Chinese University of Hong Kong, 2015-2020
                • Adjunct Professor, Chinese University of Hong Kong and Hong Kong Polytechnic University, 2014-2017
                • Deputy Chairman, Court of Lingnan University, Aug 2013-Aug 2014
                • Council & Court member, Lingnan University, Oct 2009-Aug 2014

              Karhade, Prasanna

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                Biography

                Prof. Prasanna Karhade joined the CUHK Business School as an Associate Professor in the Department of Decisions, Operations and Technology in August 2022.

                Prof. Karhade is interested in digital innovation, design thinking and entrepreneurship. His research has been published in MIS Quarterly, Information Systems Research, and Journal of Management Information Systems.

                He has currently started an ambitious research programme on micro-financing in GREAT (growing, rural, eastern, aspirational, and transitional) economies. Prof. Karhade loves hiking, poetry & meditation. Prasanna means happiness and so there is no incorrect way to pronounce Prasanna — as long as you do it with a smile.

                Teaching Areas

                Digital Innovation
                Entrepreneurship
                FinTech

                Research Interests

                Digital Innovation & Entrepreneurship
                Digital Platforms & Decolonization
                Governance & Control of IT in Family Business

                • Publications and Working Papers

                  Digital Innovation & Entrepreneurship

                  • Karhade, P. and Dong, J.Q. (2021), “IT Investment & Commercialized Innovation Performance: Dynamic Adjustment Costs and Curvilinear Effects,” MIS Quarterly, 45(3), 1007-1024.
                  • Karhade, P. and Dong, J.Q. (2021), “Innovation outcomes of the digitally enabled collaborative problemistic search capability,” MIS Quarterly, 45(2), 693-718.
                  • Dong, J.Q., Karhade, P., Rai, A., and Xu, S.X. (2021), “How Firms Make Information Technology Investment Decisions: Toward a Behavioral Agency Theory,” Journal of Management Information Systems, 38(1), 29-58. [Authors listed alphabetically.]

                  Digital Platforms & Decolonization

                  • Kathuria, A., Karhade, P., and Konsynski, B.R. (2020), “In the realm of hungry ghosts: Multi-level theory for restaurant participation in food delivery platforms,” Journal of Management Information Systems ,37(2), 396-430. [Kathuria A. and Karhade P. are both co-first authors.]
                  • Karhade, P. and Kathuria, A. (2020), “Missing Impact of Ratings on Platform Participation in India: A Call for Research in GREAT Domains,” Communications of the Association for Information Systems, 47(Article 19), 364-381. [Both authors are co-first authors.]

                  Governance & Control

                  • Karhade, P., Shaw, M.J., and Subramanyam, R. (2015), “Patterns in Information Systems Portfolio Prioritization: Evidence from Decision Tree Induction”, MIS Quarterly, 39(2), 413-433.
                  • Susarla, A., Subramanyam, R., and Karhade, P. (2011), “Contractual Provisions to Mitigate Holdup: Evidence from Information Technology Outsourcing,” Information Systems Research, 21(1), 37-55.
                  • Kathuria, A., Karhade, P., Ning, X., and Konsynski, B. “Blood and Water: IT Investment and Control in Family-Owned Businesses,” Journal of Management Information Systems, Accepted.
                • Grants
                  • “Search for Innovation: Integrating the Behavioural Theory of the Firm with Agency-Theoretic Explanations”, awarded by, Research Grants Council (RGC)of Hong Kong with HK$717,470, 2018-2021
                  • “IT Assets and Firm Innovation Output: An Empirical Examination”, awarded by Research Grants Council (RGC) of Hong Kong with HK$ 215,670, 2012-2014
                • Award & Honours
                  • Excellence in Teaching Award Nomination, University of Hawaii, 2020
                  • Dean’s Recognition of Excellent Teaching Performance, Hong Kong University of Science and Technology, 2013-14
                  • Dean’s Recognition of Excellent Teaching Performance, Hong Kong University of Science and Technology, 2014-15
                  • List of Teachers Ranked as Excellent by Their Students, University of Illinois at Urbana Champaign, 2006
                  • List of Teachers Ranked as Excellent by Their Students, University of Illinois at Urbana Champaign, 2007

                Li, David Shu Wing（李澍榮）

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                  Biography

                  David has over 34 years of working experiences in the US and the Greater China region covering a wide spectrum of industries. From 1994 to 2016, David worked in China managed regional business for multi-nations corporations in the IT area, Fashion Retailing and the MedTech sector. In 2013, David founded his own boutique consulting company focused on helping companies entering the China market, as well as building a strong foothold for the established companies to excel in China. The strategic focus for David is in the area of M&A advisory and board governance, David had been appointed as the Independent Non-Executive Director for AK Medical Holding Co. (HK1789) since the company was listed at Hong Kong Exchange in 2017. David obtained DBA degree and MABR degree from SBS Swiss Business School, MBA from Chaminade University and BBA from University of Hawaii, in addition, David also attended executive programs from INSEAD and Harvard University.

                  Since 2020, David assumed the role of mentor in The Hong Kong Polytechnic University, HKSTP, and Cyberport in providing coaching and mentorship for MedTech start-ups in Hong Kong. Moreover, David also assumed presidency of a non-profit organisation, Greater Bay MedTech Association, for promoting the development of MedTech business within the Greater Bay Area.

                  Teaching Areas

                  Global Business
                  Lean Strategy
                  Entrepreneurship

                  No. 25 Financial Times Masters in Finance 2024 - Pre-experience Programmes Ranking