Congratulations to Dr Vu Trinh (Rainy) and his co-authors for two publications.<\/p>\n
Rainy and his co-author, Hong Minh Nguyen (Vietnam National University) have had a paper entitled “U.K. Economic Policy Uncertainty and Innovation Activities: A Firm-level Analysis<\/em>” published in Journal of Economics and Business<\/strong>.<\/p>\n Abstract<\/strong> Dr Vu Trinh (Rainy) and his co-authors, Prof. Neelu Seetaram (Leeds Beckett University), Prof. Xuan Vinh Vo (University of Economics Ho Chi Minh City, Vietnam), and Dr Kiet Duong (York University) have also had a paper entitled “Collusive Behaviour, Risk and Performance of Tourism Firms<\/em>” published in Tourism Economics<\/strong>.<\/p>\n Abstract<\/strong>
\nOur study investigates the effects of economic policy uncertainty (EPU) on firm-level innovation activities. Utilising the news-based government EPU index of Baker et al. (2016) and a panel sample of 350 UK largest firms over the period 1999-2018, we find robust evidence that the government EPU has caused a substantial reduction in UK firms\u2019 investment in innovation activities. Moreover, our results further show that such a lower level of corporate investment leads to a decline in shareholder value, which forms a triangle linkage among EPU, investment, and market value.<\/p>\n
\nThis paper aims to enrich social network and managerial powers theories by examining the effects of board-CEO friendship ties in tourism firms. Specifically, we focus on the association between the board-CEO social network ties (e.g. serving external boards together or sharing memberships at social organisations) and performance and risk-taking behaviour among tourism firms. The findings show that friendship ties between CEO and board members result in higher risk-taking, lower profitability, and market values. In addition, professional ties (i.e. current and past employment) significantly impact tourism firms\u2019 outcomes, whereas non-professional ties (i.e. education and other social organisations) do not. The findings prevail after controlling for the Covid-19 pandemic. However, friendship ties lead to better information sharing, resulting in more effective decision-making by board members.<\/p>\n","protected":false},"excerpt":{"rendered":"