Session Synopsis: The intensifying cold war between China and the United States starts from the debate on how China achieved its economic miracle. Some critics believe that China's rapid economic development in the past four decades is due to Chinese companies copycatting others from developed countries. Others believe that it is due to a “Chinese approach” embedded in culture and management practices that value hardworking work ethics and collectivism. How to reconcile these two views? The webinar offers the perspectives from a Rotman professor who has conducted a series of surveys and engaged in extensive interactions with the Chinese business community.
About Our Speakers: Hai Lu is the McCutcheon Professor in International Business and Professor of Accounting at the Rotman School of the University of Toronto where he conducts research on insider trading, securities valuation, corporate governance, and the Chinese capital market. He is currently interested in field studies and big data analyses and applying these approaches to understanding the economy in China. Professor Lu develops the transparency index for the Chinese listed companies based on annual surveys on financial analysts, institutional investors, the boards of the public companies in China. He is the founding director of the Guanghua-Rotman Centre for Information and Capital Market Research, a research collaboration between the Rotman School of Management and the Guanghua School of Management of Peking University. The Centre releases annual white papers on the information quality of the Chinese capital market and co-hosts the annual best Chinese companies award ceremony in China since 2019. Hai Lu is an Editor of Contemporary Accounting Research.
Dr. Wendy Dobson is Professor Emerita, Economic Analysis and Policy at the University of Toronto's Rotman School of Management. She is a former Associate Deputy Minister of Finance in the Canadian government, former President of the C.D. Howe Institute Canada’s leading in dependent economic think tank, and has served as a non-executive director of a number of Canadian companies in finance and energy. Dobson has also chaired the Pacific Trade and Development (PAFTAD) pan-Pacific research network. She is a director of the Canadian Ditchley Foundation and the Leacock Foundation. She has published more than two dozen books and articles on Asia and the International economy. Gravity Shift: How Asia’s New Economic Powerhouses Will Shape the 21st Century (2009) was a prize winner in Canada and received a Chinese award for the Mandarin edition. More recent books include Partners and Rivals: the Uneasy Future of China’s Relationship with the United States (2013). In 2020 her latest book Living with China: A Middle Power Finds its Way (September 2019) was a Finalist for the 2019 Donner Prize for the best book in Canadian public policy and Finalist 2020 for The National Business Book Award.
Session Co-Hosts: Rotman Institute for International Business
Guanghua-Rotman Centre for Information and Capital Market Research
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