US MNCs foreign cash worth less?

CEIBS Professor of Finance Cong Wang and his co-authors, Prof. Jarrad Harford of University of Washington and Kuo Zhang of Xiamen University, looked at a sample of US-listed multinational firms that disclose their foreign cash holdings. The findings show that the more cash a firm holds overseas, the lower shareholders value that cash. The researchers also found that firms with large cash holdings overseas tend to under-invest domestically and over-invest abroad. Read more about Prof. Cong Wang's research on this topic here.

How China is Driving Sharing Economy Innovation

CEIBS Professor of Marketing Jeongwen Chiang takes us on a deep dive into China’s sharing economy. Among the topics he explores: why China’s sharing economy is among the most advanced and innovative in the world, which sharing platforms are most popular right now with Chinese millennials, and what criteria venture capital investors use to evaluate sharing economy start-ups.

This podcast was recorded during a session at the CEIBS Center for Emerging Market Studies Corporate Roundtable Discussion held on April 11, 2017 at our Shanghai Campus. 

You can find a complete event agenda here.

Learn more about the CEIBS Center for Emerging Market Studies here.