Roni MICHAELY
Prof. Roni MICHAELY
金融学
Zhang Yonghong Professor in Finance
Founder & Executive Director, HKU-TLV Innovation Hub

3910 2185

KK 934

Publications
Unlocking shareholder value: How finance professors enrich corporate governance, maximise wealth

Prof Michaely presented a paper utilizing a unique dataset comprising nearly one million voting rationales provided by investors. The research findings shed light on the motivations behind institutional investors’ voting decisions and their impact on corporate governance practices.

ESG Does Neither Much Good nor Very Well

There’s little evidence that the benefits to mankind make up for lower returns on your investment.

我们的以色列先锋 - 罗尼.米凯利教授

「被港大管理层委以重任,在我的家乡成立一所创业及创科中心,对我来说,是一趟非常刺激的旅程。我很期待与港大优秀的学者合作、尽早展开我的教学工作、并与香港和中国内地的商界精英交流。我相信在以色成立港大创新中心,将会为所有持分者带来莫大的裨益。我非常高兴能够参与其中。」

Rise Of Index Funds Leads To Deterioration Of Corporate Governance Study Reveals Index Funds Put Less Efforts In Monitoring Their Portfolio Firms, Resulted In Power Imbalance Between Investors And Firm Managements

Over the past three decades, the rise of passively managed index funds has transformed how Americans and other investors around the world invest. In 1990, index funds held only less than 1% of all mutual fund assets. By 2018, this had grown to more than 30%, which worth over US$6 trillion and now represent the largest shareholders of many US corporations.

指数基金发展不利于企业管治

港大经管学院教授(金融学)Roni Michaely及另外几位教授共同参与的一项研究显示,指数基金未能有效监察旗下企业,引致投资者与公司管理层权力失衡。

研究显示发起人的关系网络为决定SPAC成功的关键因素

港大经管学院几位学者最近发布的研究发现,有些因素能有助投资者辨别SPAC能否取得成功。

社会责任投资基金未能有效鼓励企业肩负更多社会责任

港大经管学院金融学教授Roni Michaely与其他几位教授最新的研究发现,SRI基金虽然在选择具社会责任的公司方面眼光独到,但这些基金的注资却未能有效鼓励企业在执行社会责任上更进一步。