Here you can find a short digest containing the key findings, insights, and takeaways from our top-quality research papers published in some of the best journals in the professional community. Feel free to reach out to our faculty members in case you are interested in these thought-provoking research!

Going against the Flow: Bodily Sensation and Consumer Choice
KWON, Mina | ADAVAL, Rashmi

Economists believe that consumers making purchasing decisions are pre-programmed to choose the normatively preferred option, described as “going with the flow.” However, going against the flow may be equally important. ...

Good and Bad Trades: An Optimal Strategy for Currency Trading
BEKAERT, Geert | PANAYOTOV, George

Currency carry trading is an investment strategy whereby traders invest in high-interest rate currencies and fund in low-interest rate ones. Historically, this trade has generated substantial returns. Typical analysis of the trade ...

“Bang bang”: an optimal sales strategy for perishable goods
HU, Peng | SHUM, Stephen | YU, Man

Shopkeepers and store managers should base decisions on whether to discount or destroy leftover perishable goods on consumer behavior, an innovative new study has found. While marking down prices can provide welcome revenue for fo ...

How Judge Appointment Can Impact Firms
HUANG, Allen | HUI, Kai Wai | LI, Reeyarn Zhiyang

Litigation can be a costly process for firms. As such, the question of how the risk of securities class action lawsuits affects corporate decisions has drawn a great amount of research interest in accounting and finance literature ...

Executive Hubris: Good News for Innovation
YANG, Hongyan | TANG, Yi | LI, J. T.

Overconfidence among top managers may be “instrumental” to firm innovation, according to a pioneering new study of more than 6,000 U.S. and Chinese companies. Given the crucial role played by executives in every aspect ...

Loans and the Law
ZHANG, Jieying | HUNG, Mingyi | HONG, Hyun A.

Debt covenants are an important monitoring mechanism that govern cash-flow rights and control rights between borrowers and lenders. Although it is believed that enforcement and property rights are primary determinants of a firm&rs ...

The Perils of too much Information: An Agricultural Framework
CHEN, Ying-Ju | HE, Qiao-Chu | SHEN, Zuo-Jun Max

Agriculture—the science of cultivating soil, growing crops, and raising livestock—is the primary economic sector of many developing economies throughout the world. Within this context, farmer producer organisations (FP ...

Showing Some Class
KIM, Christine | PARK, Brian | DUBOIS, David

Often associated with the wealthy, luxury goods are highly desirable non-essential products that are bought either to support self-worth and status, or for their quality and craftsmanship. As a primary human goal, and one that dri ...

Corporate Performance: The Vital Connection Between Information and Managerial Decisions
NOVOSELOV, Kirill E. | HSU, Charles | WANG, Rencheng

The real economic effects of financial reporting can be understood by looking into the joint effect of managerial overconfidence and accounting conservatism, specifically regarding the quality of corporate decisions. For instance, ...

The Downside of Non-Compete Clauses for Firms
CHEN, Tai Yuan | ZHANG, Guochang | ZHOU, Yi

Non-compete clauses in employment contracts are widely used in countries like the US to forbid certain employees, such as CEOs and specialised technicians, from working with the competition when their contract is terminated. The a ...