The Twenty-first Session of Academic Forum of Excellence 2023 of the Business School for the 20th Anniversary Celebration of the Establishment of the Business School and the MBA Education Center Successfully Organized

On the afternoon of October 18, 2023, the Business School celebrated the Twenty-first Session of Academic Forum of Excellence 2023 of the Business School for the 20th Anniversary Celebration of the Establishment of the Business School and the MBA Education Center by holding lecture series in a hybrid format, combining offline lectures with online Tencent Meeting sessions. The lecture invited Professor Ying Kei Tse from the Business School of Cardiff University, UK. Approximately thirty participants, including faculty members, doctoral students and master's students from our School, attended the lecture.

Professor Liu Xiaohong of Supply Chain and Operations Management under the Business School presided over this lecture. Professor Tse, from the Business School of Cardiff University, UK, focuses his research on supply chain resilience and crisis management, supply chain governance and risk management, and sustainable supply chain and operations management. Professor Tse has published over 50 academic articles, including in prestigious journals like the International Journal of Operations & Production Management, International Journal of Production Economics, International Journal of Production Research, and Supply Chain Management: an International Journal.

Professor Tse's lecture was titled “Boeing 737 Max Crashes and Corporate Market Value: An Empirical Analysis of the Global Aviation Ecosystem.” The research centers around the two Boeing 737 Max aviation accidents in 2018 (Lion Air crash) and 2019 (Ethiopian Airlines crash), using the event study method to explore the stock market responses of related companies. The research findings indicated that Boeing's supply chain partners and other companies within the aviation industry exhibited a significant negative reaction to the Lion Air crash. In contrast, the Ethiopian Airlines crash had a more significant negative effect on Boeing's supply chain and the broader aviation ecosystem. The research seeks to highlight the importance of aviation regulatory bodies and the aviation industry recognizing the systemic risks and cascading effects of aviation accidents by examining how these events affect corporate financial performance.

Following the presentation, both on-site and online students posed questions about the event study method, the acquisition and processing of relevant data, and the interpretation of research findings, based on Professor Tse's shared content. Professor Tse patiently answered the students' queries and participated in an in-depth exchange with them.

The “Academic Forum of Excellence” is an academic exchange platform established by the Business School to fulfill its mission of "contributing new knowledge to management.” It focuses on cutting-edge theoretical issues and organizational development challenges in the discipline of business administration and Chinese enterprise management practices. By aggregating cutting-edge thoughts and innovative viewpoints from both domestic and international sources, it seeks to explore Chinese solutions for the social and economic development of China.

The “Academic Forum of Excellence” is an academic exchange platform established by the Business School to fulfill its mission of "contributing new knowledge to management.” It focuses on cutting-edge theoretical issues and organizational development challenges in the discipline of business administration and Chinese enterprise management practices. By aggregating cutting-edge thoughts and innovative viewpoints from both domestic and international sources, it seeks to explore Chinese solutions for the social and economic development of China.