HKU Jockey Club Enterprise Sustainability Global Research Institute

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HKU Jockey Club Enterprise Sustainability Global Research Institute

The Institute, a collaborative effort between HKU and The Hong Kong Jockey Club, champions best practices for sustainability both regionally and globally.

21/08/2026

Can social hostility hurt professional performance?

Find out more in our new blog 👉 https://hkujcesgri.hku.hk/the-real-effect-of-sociopolitical-racial-ethnic-animus-mutual-fund-manager-performance-during-aapi-hate/

In their 2026 Review of Financial Studies paper, Vikas Agarwal, Wei Jiang, Yuchen Luo, and Hong Zou ask whether racial and ethnic hostility in the broader social environment can impair the decision-making and performance of targeted professionals, even without direct discrimination at work.

14/08/2026

Can auditors help firms innovate?

Find out more in our new blog 👉 https://hkujcesgri.hku.hk/do-shared-auditors-facilitate-follow-on-innovation/

In their 2026 Journal of Accounting Research paper, Xuan Tian, Jiawen Yan, and Luo Zuo ask whether shared auditors help companies identify and make use of valuable knowledge from other clients’ publicly disclosed inventions.

11/08/2026

NGO REPORT SERIES #7 | Resilience: How do we build a third sector that can last?

Hong Kong's third sector props up essential public services but remains underfunded and unstable, as short-term grants and a worsening talent drain erode its long-term capacity.

A new report from our Research Institute examines the structural challenges facing Hong Kong's social impact sector and, drawing on Asian and international examples, offers funders, NGOs, and government practical directions on flexible funding, professionalism, and trust-based accountability.

✅ Click to access for the full report: https://lnkd.in/gdCPpd2t

✅ Check our previous reports for practical and evidence-based strategies for Hong Kong’s NGOs: https://lnkd.in/gnCXcXW6

✅ Stay tuned for the next one: 𝗣𝗵𝗶𝗹𝗮𝗻𝘁𝗵𝗿𝗼𝗽𝘆 𝗧𝗿𝗲𝗻𝗱𝘀 𝗶𝗻 𝗔𝘀𝗶𝗮

We will be hosting a series of workshops and roundtable discussions focused on addressing sustainability challenges and exploring practical solutions for the NGO sector. You are cordially invited to join these constructive dialogues. For further details, please contact [email protected].

07/08/2026

Do directors become more vigilant after seeing a peer get penalized?

Find out more in our new blog 👉https://hkujcesgri.hku.hk/directors-incentives-from-potential-penalties-evidence-from-their-voting/

In their 2026 Management Science paper, Wenzhi (Dave) Ding, Chen Lin, Thomas Schmid, and Michael S. Weisbach examine whether penalties imposed on one director make former board colleagues more likely to challenge management and strengthen corporate oversight at other firms.

31/07/2026

Do patents create value only when firms use them?

Find out more in our new blog 👉 https://hkujcesgri.hku.hk/the-value-of-corporate-patent-utilization/

In their 2026 working paper, Jarrad Harford, Qiyang He, and Buhui Qiu develop a new way to measure how effectively firms turn patented inventions into new products and examine whether stronger commercialization helps explain differences in future growth, profitability, and firm value.

27/07/2026

Does motherhood permanently change women's careers in finance?

Find out more in our new blog 👉 https://hkujcesgri.hku.hk/the-motherhood-penalty-in-the-mutual-fund-industry/

In their 2025 working paper, Larissa Ginzinger, Kun Li, Alexandra Niessen-Ruenzi, and Gang Wang examine whether the long-term career penalty faced by female fund managers after childbirth reflects lasting changes in investment performance or the way career opportunities are allocated after they become mothers.

21/07/2026

NGO REPORT SERIES #6 | Inclusion: Are the communities we serve part of the decisions we make?

Beneficiary participation is increasingly recognised as essential to effective social impact, yet it remains rare in Hong Kong's predominantly elite-led sector—are we genuinely co-creating solutions, or merely conducting "feel-good" exercises?

A new report from our Research Institute examines beneficiary inclusion and diversity in Hong Kong non-profits—why it matters, how the city compares globally, and how the sector can shift from box-ticking toward community-led approaches that build trust and lasting impact.

✅ Click to access for the full report: https://lnkd.in/gBAKJxr2

✅ Check our previous reports for practical and evidence-based strategies for Hong Kong’s NGOs: https://lnkd.in/gnCXcXW6

✅ Stay tuned for the next one: 𝗥𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲: 𝗛𝗼𝘄 𝗱𝗼 𝘄𝗲 𝗯𝘂𝗶𝗹𝗱 𝗮 𝘁𝗵𝗶𝗿𝗱 𝘀𝗲𝗰𝘁𝗼𝗿 𝘁𝗵𝗮𝘁 𝗰𝗮𝗻 𝗹𝗮𝘀𝘁?

We will be hosting a series of workshops and roundtable discussions focused on addressing sustainability challenges and exploring practical solutions for the NGO sector. You are cordially invited to join these constructive dialogues. For further details, please contact [email protected].

17/07/2026

Is the carbon premium really measuring climate risk?

FInd out more in our new blog 👉 https://hkujcesgri.hku.hk/beyond-brown-oil-shocks-and-carbon-premium/

In their 2026 working paper, Zhan Shi and Shaojun Zhang ask whether the widely used carbon premium truly captures carbon transition risk, or whether it is partly driven by oil price shocks affecting energy firms within carbon-intensive portfolios.

10/07/2026

Does paying regulators for performance improve regulation?

Find out more in our new blog 👉 https://hkujcesgri.hku.hk/escaping-pay-for-performance/

🏆 Congratulations to Jason (Pang-Li) Chen, Jakub Hajda, and Joseph Kalmenovitz for winning the 2026 ECGI Finance Prize, awarded to the best paper in the ECGI Finance Working Paper Series.

In their award-winning paper, the authors examine whether tying regulators' pay more closely to performance improves government effectiveness or instead encourages experienced regulators to leave for higher-paying private-sector jobs.

26/06/2026

Did auditor independence rules hurt accounting careers?

Find out more in our new blog 👉 https://hkujcesgri.hku.hk/independence-at-what-cost-regulation-accounting-careers-and-human-capital/

Winner of the 2026 FARS Midyear Meeting Connecting to Practice Award 🏆
In their forthcoming Journal of Accounting and Economics paper, Vivek Pandey, Xingyu Shen, Joanna S. Wu, and Xixi Xiao examine whether stronger auditor independence regulation reduced accountants’ career mobility, wages, and long-term human-capital development.

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http://hkujcesgri.hku.hk/

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