Hi, CL, what’s your next project: 韭菜炒番茄？
People here are so sour.
My 2 cents: Born rich next life, do you PhD at HRM, network big names, publish.
屌你睇唔睇得出我troll 緊架， fuuk this hierarchical profession
JFE Forthcoming: Corporate Immunity to the COVID-19 Pandemic
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People here are so sour.
My 2 cents: Born rich next life, do you PhD at HRM, network big names, publish.You are shallow, tbh.
I don't think anyone here displayed any jealousy, or, lack of money, or a desire to be born rich to get into HRM.
It's the sheer ludicrous paper that dismays me.
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Hi, CL, what’s your next project: 韭菜炒番茄？
People here are so sour.
My 2 cents: Born rich next life, do you PhD at HRM, network big names, publish.
屌你睇唔睇得出我troll 緊架， fuuk this hierarchical profession
fkoff you hk moonkeys!
Some of us are good, or at least, equally disappointed with the dog-shi\et class of papers written by a group of pea-brained people like CL (HKU), WX (CUHK), RL (BC), XT..
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Most schools, including second-tier schools in the States, do not care about the content of a paper. A publication boosts their "ranking" as long as it is a top 3 journal.
It is just a fact. The real issue that is worthwhile for discussion is how this system can be changed to a better one? It is difficult.
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Indeed, nothing magic about CL. He just knows how the game the system very well. He probably submits 50 papers (done by juniors and PhD students) to JFE each year, 2 got accepted and others go to graveyard. There are sufficient number of smart and hardworking juniors and PhD students who don't mind being part of the mass production at HKU, as long as they are paid and placed well.
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Indeed, nothing magic about CL. He just knows how the game the system very well. He probably submits 50 papers (done by juniors and PhD students) to JFE each year, 2 got accepted and others go to graveyard. There are sufficient number of smart and hardworking juniors and PhD students who don't mind being part of the mass production at HKU, as long as they are paid and placed well.
He is a successful example of optimizing in this profession. If you are not in the top club, research quality doesn't matter anymore. Only publication matters.
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Indeed, nothing magic about CL. He just knows how the game the system very well. He probably submits 50 papers (done by juniors and PhD students) to JFE each year, 2 got accepted and others go to graveyard. There are sufficient number of smart and hardworking juniors and PhD students who don't mind being part of the mass production at HKU, as long as they are paid and placed well.
He is a successful example of optimizing in this profession. If you are not in the top club, research quality doesn't matter anymore. Only publication matters.
It's just all about how shameless a smart person can be! You do not consider your negative externality for the finance profession as a whole in the eyes of finance practitioners or people in other disciplines.
It's the very typical Chinese style smartness and shamelessness! Nothing else. Of course, however, you admit that he is smart, clever in the first place.
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Indeed, nothing magic about CL. He just knows how the game the system very well. He probably submits 50 papers (done by juniors and PhD students) to JFE each year, 2 got accepted and others go to graveyard. There are sufficient number of smart and hardworking juniors and PhD students who don't mind being part of the mass production at HKU, as long as they are paid and placed well.
He is a successful example of optimizing in this profession. If you are not in the top club, research quality doesn't matter anymore. Only publication matters.
It's just all about how shameless a smart person can be! You do not consider your negative externality for the finance profession as a whole in the eyes of finance practitioners or people in other disciplines.
It's the very typical Chinese style smartness and shamelessness! Nothing else. Of course, however, you admit that he is smart, clever in the first place.Rational players do not internalize negatie externalities! If academia offers a way to legally make more money, CLs will come to equilibriate the market.
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When TW joined as an editor I thought things would improve at JFE. Not sure if they have
Lots of people thought so but she has been terrible as an editor. Accepted a paper on natural disasters & risk aversion that fails to cite the first thing that comes up when you google that.
So you are the very author they should cite in the first place? If they don't cite you, most likely you have a competing paper.
You should feel lucky they didn't demean your work in the published version. I've seen several papers published on JFE that trashed their competing paper (same data, same approach) with "there's nothing new in XXX's paper" in the lit review. But after reading two papers side by side it turns out to be a false claim.... -
By Wenzhi Ding; Ross Levine; Chen Lin and Wensi Xie:
http://jfe.rochester.edu/astat.pdf
We evaluate the connection between corporate characteristics and the reaction of stock returns to COVID-19 cases using data on over 6,700 firms across 61 economies. The pandemic-induced drop in stock returns was milder among firms with (a) stronger pre-2020 finances (more cash and undrawn credit, less total and short-term debt, and larger profits), (b) less exposure to COVID-19 through global supply chains and customer locations, (c) more CSR activities, and (d) less entrenched executives. Furthermore, the stock returns of firms controlled by families (especially through direct holdings and with non-family managers), large corporations, and governments performed better, and those with greater ownership by hedge funds and other asset management companies performed worse. Stock markets positively price small amounts of managerial ownership but negatively price high-levels of managerial ownership during the pandemic.