Congratulations to Professors Roni Michaely, Silvina Rubio, and Irene Yi on receiving the Charles River Associates Award for their paper “Voting Rationales.”
The paper examines the disclosed rationales behind institutional investors’ voting decisions and whether these disclosures affect board behavior. This award-winning study brings fresh clarity to one of corporate governance’s most important questions.
As a promising step toward making a difference for our students, we have signed a Memorandum of Understanding (MoU) with Societe Generale. The collaboration will provide opportunities for students, foster unique research initiatives, facilitate professional development, and offer hands-on industry experience in Finance, Banking, and Business.
On behalf of both organisations, Associate Dean of HKU Business School, Prof. Echo Wan, was joined by Mukta Arya, Chief Human Resources Officer for Asia Pacific at Societe Generale, at iCube today, along with colleagues from HKU and SG.
Societe Generale is a top-tier European bank that has been supporting economic development for over 160 years. With its Asia Pacific regional headquarters in Hong Kong, the Bank’s expertise encompasses Global Markets, Financing and Advisory, and Trade and Payment activities.
Together, we aim to shape the next generation of leaders who are committed to moving the world forward.
To learn more about Societe Generale in Asia Pacific, visit: https://www.societegenerale.asia/en/
Mukta Arya, Chief Human Resources Officer for Asia Pacific at Societe Generale
On June 6 2025, the final round of the HSBC/HKU Asia Pacific Business Case Competition 2025 was held, reaffirming its position as the world’s largest and best business case competition globally. Organised by HKU Business School’s Asia Case Research Centre (ACRC), together with HSBC, the competition concluded at HSBC’s main building in Hong Kong. Throughout the competition week, 24 teams from 20 nations did their best to come out ahead.
The team from RMIT University (Vietnam) won the championship title, exhibiting exceptional analytical and presentation skills. University of Amsterdam (The Netherlands) secured 1st Runner Up, and Ritsumeikan Asia Pacific University’s (Japan) team won 2nd Runner Up. The 3rd Runner Up went to The University of Auckland (New Zealand). Teams competed in four rounds, tackling opportunities and challenges facing leading enterprises from across the region.
This year’s final case challenge required students to design a procurement framework aimed at enhancing diversity within HSBC’s supply chain in Asia, specifically promoting the inclusion of underrepresented groups in procurement processes. The competition also introduced an innovative “Boardroom Challenge,” where teams had to propose initiatives to attract visitors from their respective home markets to Hong Kong, demonstrating their ability to integrate cultural insights into market-driven strategies.
Beyond competitive engagement, students participated in experiential learning through interaction with local NGOs, deepening their understanding of socioeconomic barriers to inclusion. These activities enriched their perspectives on corporate social responsibility and ethical leadership.
Professor Hongbin Cai, Dean of HKU Business School, emphasised the competition’s enduring impact, saying: “This event continues to nurture the next generation of business leaders, equipping them with the intellectual agility and problem-solving capabilities necessary for addressing global challenges.”
Through its longstanding partnership with HSBC, HKU Business School remains committed to fostering innovative thinking, practical business education, and international collaboration.
Two current undergraduate students, Mr. Benjamin Evald [Year 4 – BEcon&Fin], and Ms. Alla Ip [(Year 4 BBA)], have been selected by the Faculty as student representatives to attend the Beta Gamma Sigma Regional Leadership Conference – “Navigating Leadership: Adapting Styles for the Evolving Workplace” at Northern Kentucky University from April 11-12, 2025.
During the two-day conference, BGS student participants from various BGS Chapters have been presented with a valuable opportunity to explore dynamic leadership, emphasising adaptability in today’s complex workplaces with integrity and innovation. Distinguished speakers have shared their insights and experiences on a range of topics, including cross-cultural nuances, ethics, and technological advancements such as AI. BGS members from different nations are actively engaged in networking, establishing connections, and participating in activities aimed at enhancing leadership skills, particularly in becoming influential and empowering leaders with a renewed sense of purpose and practical strategies applicable in both academic and professional spheres.
Below are the appreciation testimonials from Benjamin and Alla, highlighting the valuable insights and takeaways they gained from their participation in this transformative conference:
“Attending the 2025 Beta Gamma Sigma Leadership Conference surpassed my expectations, offering a uniquely enriching experience. Beyond the anticipated talks and seminars, the event provided ample opportunities to engage with speakers, fostering insightful discussions. Interacting with diverse BGS members from various universities added depth to my experience. This conference went beyond the ordinary, blending theoretical knowledge with practical applications, emphasising the essence of leadership in human connection, motivation, and adaptability. The skills and connections gained will be invaluable in my academic and professional journey, reinforcing the importance of continuous self-improvement and genuine engagement. I return to campus not only with enhanced leadership skills but also with a renewed dedication to instilling these values within my university community.”
Mr. Benjamin Evald | BEcon&Fin Year 4, Academic Year 2024-25
“Attending the BGS Leadership Conference at Northern Kentucky University proved transformative, offering profound insights into leadership, communication, and cultural intelligence through immersive workshops, case competitions, and networking opportunities. The event prompted reflection on personal leadership styles and encouraged collaboration across diverse peers. Notably, Anne Bonney’s keynote on emotional intelligence set a powerful tone, emphasising the importance of self-awareness and positive intent in leadership. From crafting leadership impact statements to understanding the “Golden Circle” concept, sessions delved into diverse leadership dimensions, stressing the significance of empathy, adaptability, and strategic vision. Engaging exercises, like paired discussions on leadership philosophies and the intense case competition, honed problem-solving skills and highlighted the value of collaborative ideation. Networking sessions facilitated connections with professionals, reinforcing the essence of quality relationships over mere transactions. Immersed in American culture, hospitality shone through personal interactions, offering valuable insights into relationship-building and communication dynamics. As I prepare to enter the workforce, I intend to apply these learned principles of trust-building, cultural sensitivity, and collaborative leadership to navigate challenges and shape my professional journey with purpose and authenticity.”
Ms. Alla Ip | BBA Year 4, Academic Year 2024-25
Photo recaps about the BGS Regional Leadership Conference 2025
Beta Gamma Sigma is The International Business Honor Society recognising and honouring top performing students from around the world in business schools accredited by The Association to Advance Collegiate Schools of Business (AACSB International). The Beta Gamma Sigma HKU Chapter was established in 2012.
Members of Beta Gamma Sigma are the top 10% of undergraduate students, the top 20% of graduate students and all doctoral candidates who have successfully defended their dissertations at an AACSB-accredited business school. Besides giving recognitions to outstanding students, Beta Gamma Sigma also awards business veterans with exceptional leadership as Chapter Honorees in the annual Induction Ceremony.
Since its founding in 1913, Beta Gamma Sigma has inducted more than 900,000 outstanding students into membership worldwide. With more than 600 collegiate chapters and lifetime members from over 190 countries, Beta Gamma Sigma is truly a global network.
The Beta Gamma Sigma (BGS) HKU Chapter proudly hosted its induction ceremony on April 24, 2025, at the HKU iCube. The event marked the induction of 109 exceptional undergraduate and postgraduate students into the esteemed ranks of Beta Gamma Sigma. Additionally, Mr. Daryl Ng, Deputy Chairman of Sino Group, a committed advocate for sustainability and community development, leading initiatives focusing on green practices, youth empowerment, community well-being, and heritage preservation, is being honoured with the title of BGS HKU Chapter Honoree.
The ceremony commenced with a warm welcome from Professor Hongbin Cai, the Dean of the HKU Business School, who extended his heartfelt congratulations to the newly inducted Beta Gamma Sigma members. Dean Cai emphasised the core values that define Beta Gamma Sigma, including a commitment to excellence, dedication to service, and a profound passion for learning. He also highlighted the recent plans and development on sustainability education offered by the HKU Business School, including the establishment of the HKU Jockey Club Enterprise Sustainability Global Research Institute, integrating sustainability-related content into academic teaching across different programme levels, ensuring that our students are prepared to tackle real-world environmental and social issues with knowledge and skill. Dean Cai also shared the upcoming initiatives, including the launching of HKU Business School Shanghai Centre, as well as a new curriculum in Artificial Intelligence (AI) offered which prepares our students with cutting-edge knowledge to stay ahead in the fast-paced changing world.
During the ceremony, the audience also had the privilege of hearing from Mr. Daryl Ng, who graciously shared his career journey. Reflecting on a fast-paced business landscape and the importance of innovation, Mr Ng emphasised the role of the new generation in shaping Hong Kong’s future. Encouraging the adoption of a holistic approach with fresh ideas and openness in future business, he underscored the significance of community impact and sustainable practices. Through resilience, adaptability, and a commitment to excellence, he envisioned a brighter future for Hong Kong. Challenges and opportunities go hand in hand, and challenges often bring out the best in ourselves, making our society better and stronger. Mr. Ng encouraged the participants to stay focused on their mission for personal and societal impact.
About Beta Gamma Sigma
Established in 1907 in the U.S., Beta Gamma Sigma is the international honor society serving business programmes accredited by The Association to Advance Collegiate Schools of Business (AACSB). Membership in Beta Gamma Sigma is the highest recognition a business student anywhere in the world can receive. Since 1913, Beta Gamma Sigma has inducted more than 700,000 outstanding students in more than 160 countries around the world.
About BGS HKU Chapter
The BGS HKU Chapter was installed in 2012. Since its inception, over 1,000 students were inducted. The lifelong membership conveys academic excellence, a commitment to high principle and superior achievement. Eligible students must attain CGPA of at least 3.60 and simultaneously be on the Dean’s Honour List and be on the top 10% of their respective undergraduate or postgraduate programme.