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Profiles of Keynote Speakers: 2016 Symposium

 

 Michael Carney, PhD    

Research Chair in Strategy and Entrepreneurship    

John Molson School of Business, Concordia University, Canada    

Editor-in-Chief, Asia Pacific Journal of Management  

 

Research Interests: Business Groups, Family Business, Firm and National Competitiveness.

  

Michael Carney has published extensively on the corporate and organizational strategies of Asia’s family-owned business groups and on the development of the global institutional environment of international aviation. His research focuses on entrepreneurship and the comparative analysis of business, financial and governance systems and their influence upon the development of firm capabilities and national competitiveness. Carney is the Editor-in-Chief of the Asia-Pacific Journal of Management.

 

He is a member of the editorial boards of the Journal of Management Studies, Family Business Review, Journal of Family Business Strategy. He is a member of the advisory board of the Center for Governance Institutions & Organizations at the National University of Singapore. He has published in Journals such as the Academy of Management Journal, Asia Pacific Business Review, Asia Pacific Journal of Management, Economic and Industrial Democracy, Entrepreneurship: Theory and Practice, Family Business Review, Journal of Management Studies, Management and Organization Review, Organization Studies, and Strategic Management Journal.

 

Keynote Speech: How Does Succession Matter for Strategic Change and Performance in Emerging Markets Family Firms?


Abstract:

Manuscript Type: Empirical

 

Research question/issue: Research in mature OECD economies typically finds that intra-family firm succession is associated with a decline in firm performance. However, rapid institutional and market change suggests this finding may not apply in emerging markets where trusted family ties with interpersonal business networks may be a source of continuing value. To explore succession dynamics in an emerging market contexts, we examine the effects of initiating an intra-family succession on firm strategic change and performance on a sample of publicly listed family firms in China.

 

Research findings/insights: We develop and test three hypotheses finding that the initiation of the succession is associated with significant strategic change, the succession strategic change relationship is positively moderated by a successor’s international education, and, contrary to our hypothesis, strategic change is found to be associated with weaker performance.

 

Theoretical/academic implications: We make two primary contributions: first we contribute to the upper echelons and strategic change literature, a literature that is in its infancy in the context of emerging markets. Secondly, we contribute to the sparse literature on family firm succession and its corporate governance implications in emerging markets, a body of work which is primarily oriented towards agency problems, by shedding light on how families manage their firms and prepare for next generation leadership.

 

Practitioner/policy implications: we offer insights relevant to the policy and practitioner communities that 1) challenge the conventional wisdom on family firm succession and 2) identify potentially ambiguous firm effects of successors who possess international and elite education.

 

 

 

 

Larry Jiing-Lih Farh, PhD

Chair Professor in Management

Director, Hang Lung Center for Organizational Research

School of Business and Management

The Hong Kong University of Science and Technology

   

Research Interests: Management Issues in Chinese Contexts: Guanxi and Chinese Organizational Behavior, Organizational Justice and Citizenship Behavior, Paternalistic Leadership in Chinese Organizations, Values and Chinese Organizational Behavior, Cross-Cultural Management Research.

  
Jiing-Lih (Larry) Farh is the Chair Professor of Management in the Department of Management of Organizations at the School of Business and Management at the Hong Kong University of Science and Technology. Prior to joining HKUST, he was a tenured associate professor at Louisiana State University at Baton Rouge (1983-1993). He has published over 40 articles in the international journals of management such as Administrative Science Quarterly, Academy of Management Journal, Organization Science, Journal of Applied Psychology, Personnel Psychology, Journal of International Business Studies, Journal of Management, Journal of Vocational Behavior, and Organizational Behavior and Human Decision Processes. His current research interests primarily focus on the study of organizational behavior in the Chinese contexts, such as individual values, work attitudes, guanxi, leadership, and organizational citizenship behavior.

 

Professor Farh currently serves as a Senior Editor for Management and Organization Review and a Consulting Editor for Journal of International Business Studies. He serves or has served on the review boards of many journals including Academy of Management Journal, Human Relations, Journal of Management, Personnel Psychology, and Leadership Quarterly.

 

Keynote Speech: Paternalistic Leadership Research in China: Review, Development and a Look to the Future


Abstract: I have studied leadership in the Chinese context for more than three decades. In the 1980s, my initial work examined leader reward and punishment behavior. Later, my research interests evolved to examine specific leadership styles such as paternalistic leadership, transformational leadership, empowering leadership, abusive supervision, and ethical leadership in organizations in Mainland China, Taiwan, and Hong Kong. In this session, I will critically review the progress of Chinese leadership research, with a specific focus on paternalistic leadership and its three dimensions of authority, benevolence, and morality. I will then discuss its implications for leadership practices in the Chinese contexts and identify future directions for Chinese leadership research more broadly.

 

  

  

 James Ohlson, PhD

Chair Professor in Accounting

School of Accounting and Finance, The Hong Kong Polytechnic University

     

Research Interests: Financial Accounting Theory, Financial Statement Analysis, Equity Valuation, Capital Market Theory.

  

Professor Ohlson's research focuses on accounting data and equity valuation. His work has appeared in premier academic journals such as the Accounting Review, Journal of Accounting Research, Review of Accounting Studies and Contemporary Accounting Research. Professor Ohlson has lectured around the world and has received various distinguished recognitions and awards, including the American Accounting Association’s Notable Contribution to Literature Award, 1995; the American Accounting Association Educator of the Year Award, 1998; the American Accounting Association Wildman Award, 1998; the AICPA/American Accounting Association’s Notable Contribution to Literature Award, 2000; University Regent Professor, Arizona State University, 2008; Chiang Jiang Scholar (sponsored by Tongji University, Shanghai 2012); the American Accounting Association Award for Seminal Contribution to the Literature, 2013; British Petroleum Centennial Professor, London School of Economics, 1993-94; and Member of The Accounting Hall of Fame, 2015.

  

Professor Ohlson obtained his Bachelor’s degree in Social Sciences and a Master’s degree in Political Science from the University of Stockholm, and received his MBA and PhD from University of California in Berkeley. He started his academic career at Stanford University in 1972, and then joined the University of California in Berkeley in 1974 and was promoted to L.H. Penney Professor of Accounting. He joined Columbia University in 1987 and New York University in 1998 as Professor, and Arizona State University in 2004 as the W. P. Carey Chair in Accountancy. Prior to joining the Hong Kong Polytechnic University, he was a professor at the Stern School of Business, New York University. He also held visiting positions at INSEAD, the London School of Economics, National Taiwan University, Stockholm School of Economics, and CKGSB.

  

Keynote Speech: Empirical Accounting Research: The Need for a Change in Direction

  

Abstract: Empirical accounting research relies almost exclusively on regressions; a dependent variable, one or two primary variables of interest (PVIs), and so-called controlling variables. Nowadays the right hand side also tends to include year and firm dummies, and the total number of variables are ever increasing and often in excess of 25, excluding dummies. The talk reviews this approach: it tends to be excessively prone to false positives, and thus unsustainable as a methodology. Core deficiencies will be identified, including the implementations of OLS (referred to as OLS PLUS). The talk’s second part suggests practical measures as to what needs to be done to put the field on a sounder footing. Though these prescriptions mostly fall into the category of “easily implementable common sense”, far-reaching changes in researchers’ mindsets will be necessary.

 

 

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