Topics
Collection of Alumni Photos
ReadOutlook for the Chinese Economy in 2010, and Beyond
April 07,2010
China's economy is rebounding but is the upswing moving too far, too fast? While China's 2009 growth rate was fuelled by the domestic, stimulus package, will 2010 see China begin its exit strategy? How will China be impacted by the coming exits of key Western trade partners? Read on for expert assessments from CEIBS Professors of Economics Wang Jianmao, Horst Loechel, and Xu Bin.
ReadProf. Xu Bin, Research Fellow Han Gaofeng On “Import Quota, Exchange Rate and Export Price of China's Textiles”
July 10,2009
How have the export prices of Chinese textiles been affected by policy changes in U.S. import quotas and China's exchange rate in recent years? CEIBS Professor of Economics and Finance Xu Bin explores this issue in his new paper "Import Quota, Exchange Rate, and Export Price of China’s Textiles." Co-authored with CEIBS Research Fellow Han Gaofeng, the paper was published in the May 2009 issue of The Journal of World Economy.
ReadG-2 too simple for reality
May 18,2009
English author Charles Dickens famously began his Tale of Two Cities, published exactly 150 years ago, by capturing the ambivalence of an era: "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness." In the current global turbulence, Dickens's depiction of contradictory forces applies.
ReadChina’s position in the New Global Financial System
May 11,2009
Briefing of a guest lecture by Annette Nijs, Executive Director Global Initaitive CEIBS. 2009 China Business Course for the Fondazione Italia Cina, Milan, 8th May 2009. anijs@ceibs.edu
ReadResearch Workshop for the Study “Supplier Integration Excellence in the Chinese Automotive Industry”
May 06,2009
Supply integration in terms of joint production planning and product development has become a necessity to meet today’s customer requirements in most industries. This is escpecially true in the automotive industry, where products are complex and life cycles are shrinking. With the aim to investigate the current state and best practice supplier development in the Chinese automotive industry, the study “Supplier Integration Excellence in the Chinese Automotive Industry” was initiated by China Europe International Business School (CEIBS) together with Supply Chain Management Institute (SMI) under sponsorship of BMW Group. In order to gain first-hand insight, thirty interviews were conducted with senior managers from automotive producers last year.
ReadProf. Ding Yuan on China’s Accounting Reform
February 10,2009
Reform of China’s accounting system is the topic of a new paper by CEIBS Accounting Professor Ding Yuan, written at the invitation of the Journal of Accounting and Public Policy (JAPP).
ReadEconomic Crisis Rx: Back to School
January 19,2009
As companies all around the world gear up for an uncertain 2009, this is an excellent time to look at executive education programs and invest directly in your personal career development.
ReadNordic vs Baltic: Prof.Yuan Ding Assesses Transparency
July 22,2008
In a groundbreaking paper that analyzes transparency in firms from the Baltic states of Estonia,Latvia,and Lithuania,CEIBS Professor of Accounting Yuan Ding and two coauthors offer invaluable information for anyone eying newly democratized nations as possible investment locations.
ReadProf. Bin Xu Promotes the Value of Exportation
What makes CEIBS Professor of Economics and Finance Bin Xu bullish on the Chinese economy? His latest research shows that exportation drives productivity, and not vice versa - a startling finding in a country that racked up US$109.66 billion in exports during January 2008 alone - a near 27% increase year on year.
ReadProf. Bala Ramasamy on Confucius and CSR
What does Confucius, a Chinese scholar born in 551 B.C. have to do with the 21st century concept of Corporate Social Responsibility? A lot, according to a recent paper co-written by CEIBS Professor of Economics Bala Ramasamy.
ReadWhy Change of Growth Model is Easier Said than Done
The transformation of the role of government is essential for eradicating the institutional foundation of traditional growth model. The government should exit from the economy and market, and focus on institutional reform and institutional improvement.
ReadInnovation or Rent-Seeking: Institutional Environment and Entrepreneur Behavior in China's Transitional Period
If China's high economic growth can be contributed to the entrepreneurs' innovation, while the corruption is closely related with their rent-seeking, then the question has to be raised: why did these entrepreneurs undertake many productive activities in favor of economic development, but simultaneously use their talents in non-productive fields? How can such a phenomenon be reasonably interpreted?
ReadExploring a New Road to Industrialisation in Line with China's New Realities
The overriding theme of 2004 was "macro-regulation" for China. Despite worries and panics, the nation seemed to have a safe voyage. But what perplexes us most is why this happens repeatedly since the reform and opening-up whenever we try to speed up the economic growth but have to slow down due to the bottleneck of resources and the pressure of inflation. Will such a problem become a lingering nightmare? Will the labor-intensive growth pattern featuring high investment and low efficiency ensure sustained industrialisation and modernisation? The nation is developing its "Eleventh Five-Year" Plan, and at this critical moment, we must discover a new and proper road to industrialisation and economic growth pattern.
ReadThe 11th Five-Year Programme and the Change of Growth Pattern
The 11th Five-Year Programme endorsed by the recent plenary session of the National People's Congress (NPC) in March catches the world's attention by its clear-cut message: China decides to change its economic development from extensive growth to intensive growth.
Prof. Henri-Claude de Bettignies on Business, Globalization and the Common Good
September 21,2009
The challenges of the global financial crisis, cut-throat international competition and globalization, and the pressure to deliver profits to shareholders all create a difficult environment for business leaders to operate while following principles of social and environmental “responsibility.” This difficulty triggered Prof Henri-Claude de Bettignies, CEIBS Distinguished Professor of Globally Responsible Leadership, to team up with Prof Francois Lepineux, Head of the Centre for Responsible Business at Rennes School of Business (Brittany, France) to publish Business, Globalization and the Common Good (2009, Peter Lang).
ReadGains and Pains: Globalization of Chinese Firms by Professors Arthur Yeung, Katherine Xin
April 15,2009
The combination of the peaceful rise of the Chinese economy and the unprecedented global “flattening” and the fierce competition in the domestic market have created the perfect opportunity for Chinese companies to go global by means of organic growth, mergers and acquisitions, and strategic alliances. So, how should these enterprises position themselves globally as they work towards realizing their global ambitions? How to choose an appropriate path of globalization? And how can Chinese companies quickly and effectively develop the organizational capabilities needed to make it on the world stage?
ReadProfessor S. Ramakrishna Velamuri Explores Entrepreneurship in Emerging Regions
October 28,2008
Co-edited by CEIBS Associate Professor of Entrepreneurship S. Ramakrishna Velamuri, Entrepreneurship in Emerging Regions Around the World - Theory, Evidence and Implications (Edward Elgar Publishing, July 2008) serves up valuable lessons on entrepreneurship in some of the globe’s hottest regions. Presented in a four-part combination of 10 detailed case studies, the book gives readers an inside view of what it takes to run a business in India, China, Ireland, Eastern Europe, North and South America, and North and South-East Asia.
ReadChina may be right in Africa
August 29,2008
By deviating from the West's democratic orthodoxy and emerging as an economic superpower nonetheless, China is worry to the West because it fears that Chinese economic development and social progress, through a different, non-Western style, may be right for Africa, writes Prof Kwaku Atuahene-Gima, a professor at the China Europe International Business School (CEIBS) based in Shanghai, China
ReadA Global View of the Business of Wine
July 22,2008
If CEIBS Management Professor Per Jenster had followed his own theories taught in his EMBA course Strategic Management, he would have thought twice before entering the wine business - a sector he describes in lectures as a 'structurally unprofitable industry' in which ease of entry is only rivaled by the difficulty of exiting with success.
ReadGoing Global
Last year, Mindray Medical founder and chairman Xu Hang (CEIBS EMBA 2002) made his company China's first U.S.-listed medical equipment supplier. This year, he is taking on global rivals including GE and Philips - on their own turf.
ReadTime ripe for Chinese firms to go overseas
Countless anti-Chinese business articles have been published around the world this summer. For readers, it looked like a contest to see which writer could use the most aggressive headline.
ReadOpportunities and Challenges Related to Chinese Companies Acquiring Western Companies
Over the last two years there has been a considerable increase in the interest shown by Chinese companies to acquire Western businesses. This trend stems from the need to acquire new markets, technology, know how, brand recognition and other capabilities from abroad faster than they can be developed domestically. It is also being encouraged by steps the Chinese Government is taking in recognition that failure to acquire these missing elements could slow down China's rapid economic pace. However, acquisition of foreign businesses presents many new challenges for Chinese companies.
ReadExploring a New Road to Industrialisation in Line with China's New Realities
The overriding theme of 2004 was "macro-regulation" for China. Despite worries and panics, the nation seemed to have a safe voyage. But what perplexes us most is why this happens repeatedly since the reform and opening-up whenever we try to speed up the economic growth but have to slow down due to the bottleneck of resources and the pressure of inflation. Will such a problem become a lingering nightmare? Will the labor-intensive growth pattern featuring high investment and low efficiency ensure sustained industrialisation and modernisation? The nation is developing its "Eleventh Five-Year" Plan, and at this critical moment, we must discover a new and proper road to industrialisation and economic growth pattern.
Prof. Xu Xiaonian-Calls for faster tax reform
September 26,2011
BEIJING - A table measuring the harshness of a country's tax regime in 2009, which ranked the Chinese mainland high at second place, has again aroused much debate, with experts urging faster reform of the system.
ReadForeign Exchange & Monetary Policies in Time s of Crisis
September 16,2009
The challenge of how to “Maintain Prudent and Consistent Foreign Exchange and MonetaryPolicies in Response to the Current and Future Global Financial Crises” was the focus of a June 18 address by Prof Xiao Geng, Director of Brookings - Tsinghua Centre for Public Policy and Senior Researcher of the Brookings Institution. Prof Xiao was addressing the 20th CEIBS Lujiazui Finance Salon, held at the CEIBSLujiazui International Finance Research Centre.
ReadThe Great Invisible Wall
July 29,2009
Most of the media reports will not present a thorough and balanced analysis of the situation in Xinjiang, a vast region whose stability and development are not only strategic for the People's Republic of China but are also key elements of Central Asia's fragile equilibrium. Therefore, 16 months after the violence in Tibet, Urumqi's tragic clashes may affect China's image in the West. With the backdrop of a global financial and economic crisis that is not conducive to serenity, the understanding gap between Beijing and the West is widening. It is urgent to reverse this trend.
ReadProf. Chen Shimin Studies Asset Impairment Reversals in China
July 10,2009
“Regulatory Incentives for Earnings Management Through Asset Impairment Reversals in China” co-authored by CEIBS Accounting Professor Chen Shimin, has been accepted for publication in the Journal of Accounting, Auditing, and Finance (JAAF). The co-authors of the paper are: Nanjing University Professor Wang Yuetang and Shanghai University of Finance and Economics Professor Zhao Ziye. JAAF, published by New York University’s Stern School, is recognized globally as one of the top 10 accounting journals. Last September, Professor Chen travelled to Stern School to present an earlier version of the paper at the 2008 JAAF & KPMG Foundation Conference.
ReadProf. Xu Bin on the Sophistication of China's Exports
April 15,2009
What has been the driving force behind China’s success as an exporter? The answer to that often-asked question is explained in “Foreign direct investment, processing trade, and the sophistication of China's exports”, published in the February 5, 2009 online edition of China Economic Review.
ReadProf. Xu Bin Explores the Forefronts of International Trade and Investment
International Trade and Investment, co-authored by CEIBS Professor of Economics and Finance Xu Bin, offers a reader-friendly analysis of the most recent developments in the field of international trade and investment.
ReadProf. Bin Xu Asks “What’s Behind China’s Widening Wage Gap?
The role of China’s trade and investment openness in increasing the wage gap between unskilled and skilled workers is the focus of a new study by CEIBS Professor of Economics and Finance Bin Xu.
ReadProf. Xinge Zhao on Understanding the U.S. Investor Mindset
Thinking of investing in QDII? Before you do, bone up on the research findings newly released by CEIBS Associate Professor of Finance Xinge Zhao.
ReadOn “Goodwill Accounting in Western Countries”
Latest research of Prof. Ding Yuan on four phases in goodwill accounting from a stakeholder model to a shareholder model
ReadOn “Foreign vs. Domestic Listing”
A new study on mainland Chinese entrepreneurial firms’ IPO decision making by Ding Yuan and Zhang Hua
ReadPrivate vs. State Ownership and Earnings Management: Evidence from Chinese Listed Companies
With major scandals around the world shaking investors' faith in published company financial information, the problem of earnings management has recently come under the spotlight. Top executives have been found to manage their earnings aggressively, through accounting sleight-of-hand and corporate policies to improve their companies' announced performance.
ReadBroaden and Deepen the Financial Reform
The government should have its hands off from anything that can be handled by the market. When it specifically comes to finance, an important sector of China's economy, how can we further deepen the reform and broaden the opening-up?
Marketing with Integrity -- Why?
March 10,2011
Quite simply, ethics is about behaviour and responsibility with the remit of discourse enlarged by growing evidence that the consumer society is giving way to the emerging sustainable society. Marketers are now expected to be savvy about the social context of branded communications as well as the competitive context: social insights as well as consumer insights. Marketers in many markets are under social scrutiny often by NGOs who are frequently seen to outsmart the corporation.
ReadInnovation in Emerging Markets
November 10,2010
CEIBS Professor of Entrepreneurship Ramakrishna S. Velamuri explores how companies in emerging markets are rethinking innovation -- and what we can learn from them.
ReadChina's Multinational Future
May 05,2010
The path towards globalization has never seemed easier than in the recent past. It all started 60 years ago when American companies conquered the world with their superior business power. They were followed by the Japanese, who brought consumer electronics, watches and cars to the world consumer. In the 1990s, Korean brands appeared not only in America and Europe, but also in Japan, confirming the globalization of the business market.
ReadProf. John A Quelch on “Marketing Your Way Through a Recession”
April 15,2009
The signs of an imminent recession are all around us. The spill-over from the subprime mortgage crisis is weakening both consumer confidence and the consumer spending – much of it on credit – that has been buoying the U.S. economy.
ReadMarketing Your Way Through a Recession
February 27,2009
The signs of an imminent recession are all around us. The spillover from the subprime mortgage crisis is weakening both consumer confidence and the consumer spending -- much of it on credit -- that has been buoying the U.S. economy.
ReadHow Much Time Should CEOs Devote to Customers?
February 09,2009
Customers are the source of all cash flow - Organic growth depends on developing relationships with new and existing customers and future growth prospects are baked into stock market valuations of companies.
ReadQuestion for B2B Companies: To Brand or Not to Brand?
Compared with the splashy and costly advertisements and promotional campaigns necessary in the B2C industry, B2B branding is a humble undertaking. An average B2B company spends about 1 percent of sales for their total marketing communications.
ReadProf. Atuahene-Gima on Launching the Next Big Thing
CEIBS Prof. of Marketing & Innovation Management Kwaku Atuahene-Gima looks at the role top management plays in successful product development and marketing in his article entitled: “Exploratory and Exploitative Learning in New Product Development: A Social Capital Perspective on New Technology Ventures in China.”
ReadProf. Jenster on “Opportunities, Challenges in EU-China Trade Investment Relations
An EU commissioned study led by Prof. Jenster on how European countries could seize emerging opportunities in China.
ReadProf. Velamuri on “CSR is Dead; Long Live CSR”
A bold alternative viewpoint from Prof. Velamuri to the widely accepted Corporate Social Responsibility concept
ReadGrabbing the China Trophy
China's diverse, demanding and fast-changing consumers make marketing here a cut-throat business. In this cover story, The LINK seeks advice on winning over the world's largest - but perhaps most challenging - consumer market. four CEIBS’ star marketing professors look into the future to predict how Chinese consumers will change, then tell marketing executives how to prepare for those emerging needs.
ReadCorporate Brand Thrust: Is Your Money Well Spent?
A powerful brand is generally considered an effective way of generating shareholder wealth, but how is it actually measured and controlled? Lars Ohnemus and Per V. Jenster, after examining 2,158 companies within 11 different industries listed in the US and Europe exchanges, found that companies with a balanced corporate brand thrust, on average bring up to a 3-percentage point higher return to their shareholders. Furthermore, the link between brand thrust and financial return can be described as a W-curve with five distinct strategic phases rather than a linear function.
ReadEngaging Leadership
An interview with corporate strategist Henry Mintzberg
Mintzberg spoke about a variety of subjects including what it takes to be an effective manager and why an MBA is not necessarily part of that equation.
ReadMasterclass in Marketing
An interview with the world's leading marketing expert Philip Kotler
Kotler offers his thoughts on why marketing isn't high enough up the boardroom agenda, what place social responsibility has in marketing, and other topical marketing issues.
ReadThe "Sale" of the 5 Rings:Marketing and the Olympic Games
The Olympics today represents an unlimited business opportunity. Just over two decades ago, however, the Olympics remained a loss maker with little influence and public interest. How does the change take place, and what are the implications for Chinese companies in marketing? Dr. Zhou Dongsheng, Professor of Marketing at CEIBS, tries to unveil the mysteries around the Olympics with an illustration of the 1984 Los Angeles Games.
Read10 Steps to Build an Asian Brand
Over the last decades, brand management has become an integral part of the overall corporate strategy. How can Asian boardrooms catch up with this trend and produce successful branding strategies? The veteran brand strategist, Martin Roll, provides you some clues.
ReadMarketing High-Tech Offerings: An Interview with Scott Ward, Professor of Marketing from Wharton
China's booming high-tech market gives rise to a huge demand for improving skills of high-tech marketing. To meet this demand, CEIBS began to offer "Marketing High Technology Offerings" in its 2005 EMBA programme. During the course break, The Link interviewed Professor Scott Ward, who was happy to share his insights with the readers.
ReadThe Paradox of Managing Innovation in China
The market environment in China is characterised by dysfunctional rather than functional competition. However, for the creative person or company this rather gloomy assessment of the Chinese business environment is actually indicative of the tremendous opportunities that it has to offer. Your ability to take advantage of these opportunities depends on your ability to innovate.
Faces: First Mover
A combination of brave heart, wanderlust, and world-class academic acumen have made Professor Chun Chang one of China's leading finance scholars. Today, Chang is using both his experience and his fame to expand CEIBS' offerings in the finance field.
ReadTurn Transformation into Reality
An interview with leading CEO Michael Critelli
Pitney Bowes chairman and CEO Michael Critelli faces a classic CEO challenge: how to transform an unsung giant in an unfashionable industry into a market leader in the hyper-competitive digital age.
Stop Passing the Buck
Leadership is not a function or a skill or a right; leadership is the desire, the privilege and the obligation to accept responsibility for what you have undertaken and shaped.
ReadTogether We Succeed: Effective Ways for Making Core Employees Grow with the Company
While the rapid development of China's economy is a blessing for most enterprises, it also leads to war for talents. How to attract, develop and retain the core employees has become headache for many CEOs.
ReadSetting People Up for Success - How the Portman Ritz-Carlton Hotel Gets the Best From Its People?
What have DeCocinis and his leadership team done to transform an ordinary hotel into one of the Best Employers in Asia, and achieve the highest rate of employee satisfaction among all the Ritz-Carlton hotels worldwide?
ReadFosun Experience: HR Management is the Key to Business Success
Starting from scratch, Fosun Group is now ranked by profit the 40th among the top 500 companies in China. How did they make it? The updated and effective HR management is the key.
ReadOrganisational Culture: Measuring and Developing It in Your Organisation
Think about organisations that are the leaders in your business or industry sector. What is it that is giving them competitive advantage? Cost? Quality? Technology? Product and process innovation? Customer service? Logistics chain? Talent? Or brand? Yes, each of these may be a key factor that helps organisations differentiate themselves. However, there is a much less obvious and less tangible factor that also can be a determining source of competitive advantage. That factor is organisational culture. Defining Organisational Culture
China’s blueprint puts healthcare reform high on political agenda Jane Parry
April 21,2009
China has released a blueprint of its plan to reform the country’s healthcare system, originally announced in October 2008, but observers say the plan still does not have enough practical detail to ascertain how the reforms will be implemented.
ReadForeign Entrepreneurs: Chasing the China Dream
ReadOpportunities in Doing Business with China - Insights from CEIBS-LED Research for the EU commission
China's rise presents a great challenge to the global economic system. As globalisation progresses, European operators are beginning to compete head on with Chinese industry, and the question of Europe's competitiveness in an open world economy is becoming an increasingly important one. Formulating a response to China is in many senses similar to formulating a response to globalisation itself.
ReadThe Chinese Automotive Industry: Feasible and Sustainable Development?
China's automotive industry is suffering from over-capacity and low (or) no profitability throughout the valued chain. On the other hand, environmental and energy pressures are making a greater impact on the industry than ever. The Fourth Annual China Automotive Industry Forum looked at both the regulatory issues facing the industry as well as the competitive environment of the sector.
ReadTo JV, or Not to JV - How MNCs Choose Local Partners?
If your company does have a choice concerning partnering, the first rule in deciding which route to take is: don't rush. So says General Electric China's Steve Schneider. He advises foreign companies entering China first to spend time understanding the business environment.
Leadership Lessons from the 2010 World Cup
September 07,2010
CEIBS Visiting Professor of Management Shalom S. Saar advises business managers to look to the world's elite football teams for examples of excellent -- and not so excellent -- coaching.
ReadChina & India: Opportunities for Cooperation
November 27,2009
The Asian countries are more integrated because they are conscious commercial competitors and therefore, I think, stimulating the reforms in all three countries.
ReadProfessor Zhu Tian Scrutinises Salary Packages for Senior Executives of Stateowned Listed Companies
October 28,2008
How much should state-owned listed companies pay senior executives, and what role should stock option-based incentives play in making sure these big cheeses both work hard and feel adequately compensated? CEIBS Professor of Economics Zhu Tian has recently had a lot to say on these topics, publishing two articles in the Chinese media in July.
ReadImproving the Employer-Employee Relationship, from Prof Terence Tsai
October 28,2008
General managers looking to boost prof its and retain valuable employees need to keep several principals in mind: partnership, social community and internal networking. So finds CEIBS Associate Professor of Management Terence Tsai and two colleagues from Taiwan and Beijing. Their research underscores the importance of treating employees like equals and working together as a cohesive team. As pointed out by Prof. Tsai et al, “the organisational capability developed through partnership and internal networking [impacted] the ability of the firm to retain people, to control the organisation, to cope with external uncertainty, and to outperform competitors.”
ReadProfessors Ding Yuan, Zhang Hua Win 2007 Best Paper Award from Corporate Governance
July 22,2008
Prestigious journal Corporate Governance named CEIBS Professors Ding Yuan and Zhang Hua as the authors of the "2007 Best Paper" for their article "Private versus state ownership and earnings management: Evidence from Chinese listed companies." The paper was published in Corporate Governance: An International Review,Volume 15, 2007.
ReadProf. Ramakrishna Velamuri on Poverty Through Entrepreneurship …
How were 400 impoverished shoemaking families from a village in southern India transformed into entrepreneurs whose products go toe-to-toe with international competitors?
ReadBooks: Prof. Jean lee on Breaking the family business curse
How Chinese family companies stand to last?
ReadG-Net Bets Big on China’s “Web Meeting” Market
By helping companies communicate real-time with colleagues and clients worldwide while keeping travel costs down, four-year-old G-Net now reigns as China's largest “web meeting” service provider. Founder Chen Xuejun (EMBA 2004) shares his big plans for the company's growth.
All Roads Lead to Beijing
In 1803 napoleon Bonaparte famously said, "China is a sleeping giant and when she awakes she shall astonish the world." From the point of view of the country's transportation infrastructure, there is substantial evidence that an awakening of astonishing proportion is currently underway. The significant advances in China's domestic transportation systems -- including rail, highways and roads, river transportation and air capacity -- are running in parallel with important changes in China's economic management systems and the development of the country's first legal structure.
ReadMaking Six Sigma Last
In this article I am ultimately looking at what Six Sigma training programs and the tool sets of Black Belts (BBs) and Green Belts (GBs) lack in two ways -- from the standpoint not only of what exists in formal definitions and published reports but also from my own experiences and discussions with practitioners.
Tools for the challenges ahead
February 18,2009
I am Italian and I left my home country four years ago. At the time, I was eager to leave behind a mature market that offered few opportunities for my generation and a political system that I believed was incapable of understanding the real needs of the people.
ReadSoapbox: China’s schools in ascendancy
February 18,2009
Last month, the Financial Times ranked the China Europe International Business School (Ceibs) among the top 10 business schools in the world for the first time, alongside names such as Wharton, London Business School and Harvard Business School.
ReadProf. Yue Fang Presents New Forecasting Method for Regression Models
After half a decade of research, much has already been written on the topic of serial correlation in regression models. However, CEIBS Joint Professor of Decision Science Yue Fang outlines a new procedure for generating forecasts for regression models.