Research Blog

View More

Working Paper Series

View More
Inaugural forum

WORLD-CLASS HUB
FOR SUSTAINABILITY

Research ‧ Education ‧ Collaborations

Mission

The HKU Jockey Club Enterprise Sustainability Global Research Institute is a strategic collaboration between The University of Hong Kong and The Hong Kong Jockey Club. Dedicated to promoting best practices for sustainability in Hong Kong, Asia, and beyond, the Institute brings together distinguished global scholars from diverse fields to foster a multidisciplinary approach to sustainability research and training.

Research Blogs

View More

Working Paper Series

View More

Ethnic Proximity and Politics: Evidence from Colonial Resettlement in Malaysia

Chun Chee Kok | Gedeon J. Lim

This paper studies the long-run effects of a colonial-era, large-scale resettlement program of ethnic minorities, on contemporary economic outcomes and political preferences of ethnic majority individuals in receiving areas.

5 Nov 2024

Read More

Implicit versus Explicit Contracting in Executive Compensation for Environmental and Social Performance

Roni Michaely | Thomas Schmid | Menghan Wang

We examine the effectiveness of both implicit and explicit contracting in linking executive compensation to environmental and social targets (“ES Pay”). Consistent with predictions from contract theory, firms with explicit ES Pay schemes demonstrate better ES performance for targets.

15 Oct 2024

Read More

Inferring Mutual Fund Intra-Quarter Trading: An Application to ESG Window Dressing

Li An | Shiyang Huang| Dong Lou | Xudong Wen | Mingxin Xu

We develop a novel method to infer intra-quarter trading of individual mutual funds. After a mutual fund executes a trade, its reported portfolio return incrementally deviates from its quarter-end-holdings-based return, which allows us to infer the transaction date and amount. 

10 Oct 2024

Read More

Scholars

View More

Shopping Basket