School of Economics and Finance, Massey University

SEF International Chinese Students Club (Albany) successfully held a welcome orientation for Albany’s returning and new Chinese students last Wednesday. This is an excellent opportunity for our new students to meet their lecturers and other faculty members.

Associate Professor George Wu’s research paper, With Trust We Innovate: Evidence from Corporate R&D Expenditure, won the MSA MBS Research Excellence Award. The paper was published in Technological Forecasting and Social Change, a highly influential journal with an Impact Factor of 10.884. George and his coauthors find a significantly positive relationship between social trust and the firm’s R&D expenditure in the paper. More specifically, a one standard deviation increase in the measure of Trust would result in an 11.76 million RMB (about 1.84 million USD) increase in a firm’s R&D expenditure.

The paper can be downloaded from https://doi.org/10.1016/j.techfore.2022.121834

Seminar Series

Thanks to Professor Sabri Boubaker (EM Normandie Business School and Swansea University) who presented on the Albany campus today. The presentation was titled Inalienable Human Capital and Debt Choice. Thanks to all those that attended in person and via Zoom.

Congratulations to Dr Adnan Balloch and co-authors for publishing their recent paper in Journal of Banking & Finance (ABDC-A*). Their findings highlight the significant longer-term implications of mental health on the net worth of individuals.👇

When It Rains It Drains: Psychological Distress and Household Net Worth This paper establishes a sizeable negative effect of poor mental health on individuals’ net worth. In a representative panel of U.S. households, we fi…

Congratulations to Professor Matt Roskruge, Professor Jeff Wongchoti, Associate Professor M.Humayun Kabir and Associate Professor Jing Liao for their promotion!

2022 Professorial promotions announced In the most recent promotion round, 21 staff were promoted to Professor and 31 to Associate Professor. The promotions will take effect from 1 January 2023.

Congratulations to all our new graduates and their whānau. We wish you all the best in your future endeavours.

What a week! We’ve had an amazing time celebrating our graduates across ten ceremonies in Palmerston North over the past four days.

Congratulations to all our new grads and welcome to our alumni whānau. Your hard work and determination has paid off. These past few years have been full of ups and downs, and unforeseen circumstances that none of us could have predicted. But you stuck it out, you made it and we are so proud of you.

On Tuesday we kicked off the graduation week with our first ever Māori and Pacific graduation ceremonies. While we have celebrated our Māori and Pacific tauira with a celebration each year, this was the first time we have had an official graduation ceremony dedicated to these graduates.

Ka nui te koa o te ngākau.

The atmosphere was 🔥, whānau and friends were 🔥, the weather had its moments but all in all, the week was 🔥.

If you've tagged us in your grad posts, you're in the draw to win our merch pack. We'll draw a winner early next week and get in touch. There is still time to enter, just tag us or send through any relevant grad content so we can share.

A massive congrats once again.
Keep in touch, we cannot wait to see where your journey will take you next.

Huge congrats to Prof Sasha Molchanov who won the 2022 MBS Lecturer of the Year award. Sasha was among 114 lecturers nominated by the students on the Albany campus and was presented with the award on 18 Nov. Read more 👉 ASA - Albany Students' Association

Online Seminar Series

Assoc Prof Song Shi (UTS) will talk about "The Impact of a Home Purchase Restrictions (HPR) Policy on the Distressed Property Market in Beijing" tomorrow from 12-1pm. Join us online via Zoom 👉 https://massey.zoom.us/j/85934028758
All are welcome!

Semester two 2022 Time Constrained Assessments and Online Supervised Exams start today. We wish our students good luck for their exams.

Top Student Awarding Event for Semester 1, 2022

Last week, we held an awarding ceremony for Top students (A+) in their class for the different courses in Semester 1, 2022 at the Auckland campus. Prof Sasha Molchanov, AHOS, handed out the certificates to the top students.

Also present during the ceremony were their parents and friends together with our academic and professional staff. Part of the event is the Research Celebration to acknowledge the academic staff members and PhD students with A and A* ranking in their research publication for the 3rd quarter of this year. The ceremony was held at Quad B Staff ‘Koru’ Lounge at Auckland campus.

Exams begin next week so here is a ⌛timely reminder from MBS about the process of applying for Impaired Performance (IP) and Aegrotat (AEG) if necessary over the exam period. Some important things to note:
📅You can only apply for IP/AEG AFTER the date of your exam as that is what is being assessed.
👍An IP is for when you have sat the exam but something affected your ability to do as well as usual and an ⛔AEG is for when you have not sat the exam.
✔️As much as possible we advise you to sit the exam and then apply for an IP if necessary. Please note that some courses are not eligible for an AEG.
🗎We ask that you please provide supporting documents that show an impairment existed on the day of the assessment.
🖊️Please remember to apply within two weeks of the exam date and upload a complete application! This includes signing and dating the form which you can find here 👉https://bit.ly/3U1kTKN
📆If you are asked for further information please provide this ASAP, the date you are given is the last possible date not the due date!
If you have any questions about this process or exams in general please comment below 😀 Best wishes for your final exams.

Prof Christoph Schumacher's and Stuart Henderson's (PWC partner) opinion piece was featured as the NBR's top story. 👇

Central bankers on tentative tightrope journey The National Business Review Online is New Zealand's authority in breaking business news and analysis.

We encourage students facing financial hardship or other circumstances that may hinder them from progressing in their studies to apply for the Massey Business School Promising Student Assistance Bursary.

The MBS Promising Student Assistance Bursaries were established in 2016 and are funded by the MBS Development Fund. Up to eight bursaries may be awarded per year. One bursary may be allocated to a student in each of the five schools, and one bursary each may be allocated to Māori, Pasifika and international students.

Undergraduate, postgraduate, part-time, full-time, domestic and international students are all eligible to apply as long as they are enrolled in an MBS programme and will remain enrolled in 2023 (or in S3 2022).

Closing date: 31 October 2022

Massey Business School Promising Student Assistance Bursary For students facing financial hardship. You will be an undergraduate or postgraduate student enrolled in a programme of study within the Massey Business School.

Congratulations to Asoc Prof George Wu and co-authors for publishing their recent paper in Energy Economics (ABDC-A*). Their paper delivered new insights into the impact of retail investor attention on corporate green innovation explored in China.👇

Retail investor attention and corporate green innovation: Evidence from China This paper investigates whether retail investor attention promotes or inhibits corporate green innovation. Using Chinese nonfinancial public listed fi…

You are invited to MBS Gatsby Ball on Saturday, 8 October 2022 in Palmerston North.

Dr Pushpa Wood, our Massey Fin-Ed Centre director, was a keynote speaker at the event 'Moneywise - Steps to Financial Wisdom' held on 3 Sept 2022 in Auckland.

Smart women set smart goals to gain financial wisdom Venkat Raman Auckland, September 26, 2022 EmpowHER, an Auckland-based young association of professional women scored another high last fortnight, with an in

Māori enterprises could hold the key to getting the high cost of food down says Assoc Prof Matt Roskruge, our Māori economist. 👇

Kai plan needed as food insecurity bites Matt Roskruge, the direction of Massey’s Te Au Rangahau centre for Maori business research, says New Zealand is producing enough to feed 40 million people, almost 10 times the number of people living here, yet 40 percent of households are experiencing food insecurity.

Earlier this month, Anum Malik successfully defended her PhD thesis on “Three Essays on Style Drift in Mutual Funds”. Her supervisors are Assoc Prof Jeff Wongchoti, Assoc Prof Russell Gregory-Allen and Dr Jasmine Fang. Congratulations!

Assoc Prof Candie Chang’s article, co-authored with Prof Sudipto Dasgupta (CUHK), and entitled “Escaping Air Pollution: Immigrants, Students, and Spillover Effects on Property Prices Abroad”, has been accepted for publication in the Review of Finance (FT50). Congratulations!

Online Seminar Series

Dr Amy Kwan (UNSW) will talk about "The conduits of price discovery: A machine learning approach" tomorrow from 12-1pm. All are welcome! Join us via Zoom 👉 https://massey.zoom.us/j/82911702199

Our banking expert Prof David Tripe says many of the state owned banks around the world have been financial failures. 👇

Banking expert: Govt's purchase of Kiwibank is a risk Keeping Kiwibank New Zealand publicly owned has been dubbed a political move. The Government has announced its intent to purchase 100 percent of Kiwibank f

It’s Money Week again and while it’s never anybody’s favourite conversation to have, it’s an important one. The annual campaign is a call to action for New Zealanders to take control of their financial future by encouraging conversations and consider taking action to strengthen their financial wellbeing.

Not sure where to start? Our Financial Education and Research Centre team have created a Financial Resilience survey to encourage Massey staff and students to check the pulse of their financial health. The survey is completely anonymous and aims to raise individual awareness and provide feedback on critical aspects of money management, and to investigate the overall patterns of personal money management among different groups.

Keep your finger on the pulse of your financial health and take the survey here: https://bit.ly/3djIeHz

Online Seminar Series

Prof Jason Zein (UNSW) will talk about "Do Incidental Encounters Strengthen Economic Ties? Evidence from Venture Capital Syndication." tomorrow from 12-1pm. All are welcome! Join us via Zoom 👉 https://massey.zoom.us/j/87533414888

Dr Pushpa Wood, our Massey Fin-Ed Centre director, has called to more action from employers and government. Read more 👇

Retirement gap: Academic lambasts finance industry, Govt over lack of progress Dr Pushpa Wood has called to more action from employers and government.

Kind reminder: The deadline to submit research papers to the Vietnam Symposium in Banking and Finance is on 1 August 2022. Read more 👉https://vsbf2022.sciencesconf.org/data/Call_for_papers_VSBF_2022.pdf

Vietnam Symposium in Banking and Finance 2022 - Sciencesconf.org The 7th Vietnam Symposium in Banking and Finance (VSBF2022), jointly organized by the Association of Vietnamese Scientists and Experts (AVSE Global), the Banking Academy of Vietnam (Hanoi), and the International Society for the Advancement of Financial Economics (ISAFE) in partnership with the IPAG...

Online Seminar Series

Dr Mamiza Haq (Curtin University) will talk about "Bank Dividend and Earnings Management: International Evidence" tomorrow from 12-1pm. Join us online via Zoom 👉
https://massey.zoom.us/j/82795069716

All are welcome!

A warm welcome to our new and returning students, including those studying with us from abroad! We wish you all an enjoyable and successful semester ahead.

Services and support for students Massey students can access a wide range of support services: health and medical centres, counselling support, childcare, disability services, a student success adviser, faith groups and chaplaincy, harassment support, advocacy, international student support.

Congratulations to Dr Jasmine Fang, Prof Na Liu (Xiangtan University), Prof (Emerita) Anne de Bruin and Assoc Prof Jeff Wongchoti for publishing their paper titled “The salience of children to household financial decisions” in Journal of Banking & Finance (ABDC-A*).

The salience of children to household financial decisions Theoretical and empirical evidence have long acknowledged that children affect the financial decisions of their parents. However, the literature is li…