本院活動

26.03.2020

[BizInsight@HKUST - Webinar Series] Understanding Risks in Investments and Corporate Management

Corporates and investors assess and manage different forms and levels of risks. This webinar will feature three rigorous studies that closely examine some of the risks faced by local investors and international firms. Prof Chu Zhang will talk about the counterparty risk in Hong Kong’s derivative warrant market; Prof Peter Mackay will share his findings from the largest global survey of corporate risk management; and Prof Alminas Zaldokas will explain how international firms adjust to antitrust legal risks

Hong Kong Derivative Warrants: the Case of Counterparty Risk
In this presentation, Prof Chu Zhang will explain in layman’s language a recently published research paper regarding Hong Kong’s derivative warrant market. The paper addresses the questions of whether counterparty risk is priced in derivatives in general. The research results show counterparty credit risk matters for derivative pricing.

Corporate Risk Management Around the World
Risk management has risen as a corporate priority since the global financial crisis. Although much is known about risk management in developed markets, much less is known outside these markets, where companies face different conditions, additional risks, and greater scope for stakeholder value creation. In this presentation, Prof Peter Mackay will present findings from the largest global survey of corporate risk management ever taken, and share insights on how firms organize, manage, and monitor their risk-management activities and relate these decisions to firm characteristics.

Antitrust enforcement and corporate finance
Antitrust enforcement against price fixing, bid rigging, market allocation, and firms’ other agreements not to compete has been rising around the world. In light of these changing legal risks of falling under the radar of competition authorities, firms have been adapting their business models, corporate governance policies, securities issuance, and even communication with investors. This short talk will cover Prof Alminas Zaldokas’s findings from his research agenda on international firms’ adjustments to the antitrust legal risks.

Professor Chu ZHANG
Professor Peter MACKAY
Professor Alminas ZALDOKAS

 

Event Details

Date 26 March 2020 (Thursday)
Time 12:30 - 2:00 pm Presentations and Q&As
Venue Online via Zoom
Admission Open to public
Fee Free
Language English

Enrollment

Please fill in the online registration form. The meeting link will be sent to you one day before the webinar.

Enquiries

For questions, please contact Mr Ray Lee on (852) 2358 8934 or insights@ust.hk.

Arrangement of event in case of Bad weather
All programs would be suspended once the Rainstorm Black Warning or Typhoon Signal No.8 (or above) is hoisted, or there is information that the Warning or Signal would be hoisted within 1 to 2 hours before the event starts. Notification on reschedule or refund arrangement would be announced in due course.