Associate Professor of Finance Hongfei Frank Tang received a Bright Ideas Award for his article published in the journal International Review of Financial Analysis.
Each year, Seton Hall’s Stillman School of Business works with other business schools to compile and publish summaries of business school scholarships at two-year and four-year colleges in New Jersey. As part of an effort to produce the New Jersey Business Faculty’s annual publications, a respected panel of deans and academic program leaders recognizes authors whose publications — or “bright ideas” — have the greatest potential for impact on business practice or for knowledge advantage in the have discipline.
“This is the 21st year the Bright Idea Awards have recognized outstanding research, and we know the faculty appreciates the recognition of their scholarship,” said Joyce Strawser, Ph.D., dean of the Stillman School of Business .
Associate Professor of Finance from Seton Hall Hongfei Frank Tang Ph.D., CFA, Ph.D. received a Bright Ideas Award in 2022 for his article, which appeared in the journal International Review of Financial Analysis.
On November 18, Tang was recognized at the Fourth Quarterly Meeting of the New Jersey Collegiate Business Administration Association (NJCBAA) for his article, “Are Both Leadership Morale and Talent Important to Business Performance? Evidence from Chinese Public Companies” received the Bright Ideas Award. ” It was co-written by Xiaozhen Pan from Hangzhou Dianzi University in China, who came to the Stillman School as a visiting scholar in the 2018/19 academic year. Here is a summary of the article:
Morale and talent are two important factors to consider when selecting managers. This study examines the relationship between leadership morale, talent and company performance by manually collecting morale data in a sample of Chinese non-financial public companies between 2008 and 2018. We believe that both the morale and talent of leaders are important to company performance. In particular, managerial morale is positively associated with company performance regardless of ownership or legal environment, but managerial talent is associated with better company performance only in non-state enterprises and in a strong legal environment. On the other hand, leadership talent may not improve or even hurt organizational performance when leadership morale is low, but leadership talent can improve organizational performance when leadership morale is high. (See the full article here.)
Tang earned his Ph.D. in Finance from Purdue University and previously taught at the University of Texas at Austin. He has been at Seton Hall since 2009 and has been recognized as Researcher of the Year by both the Stillman School and the University. His research interests include exchange traded funds, corporate finance, derivatives, family businesses, financial accounting, investments and mutual funds.
Bright Idea Award initiative
This year, 144 article, book, and book chapter abstracts were submitted to the Publications of New Jersey Business Faculty, which represented the following universities: Fairleigh Dickinson University, Monmouth University, New Jersey City University, New Jersey Institute of Technology, Ramapo College of New Jersey , Rowan University, Rutgers University – Camden, Rutgers University – Newark and New Brunswick, Saint Peter’s University, Seton Hall University, Stevens Institute of Technology, The College of New Jersey and William Paterson University.
Strawser noted that she found it interesting to monitor trends in the focus of the business school’s academic work published in 2021 on social media,” she said. “A dean of this year’s review panel noted the high quality of this year’s papers and noted that he was pleased to note that the pandemic did not derail the important work of our economics departments.”
She added, “It’s always so inspiring to see the impactful work being done by our business school in the Garden State.”