How to make cashflow work for you
Understanding cashflow patterns could help not only your own business but also the wider economy, says researcher Dr Xin Chang. Entrepreneur Ed Reeves is proud of the fact that he sent his first invoice to his first ever customer before…

Cambridge Business Magazine: Stock options to non-executive employees can boost innovation
A paper published co-authored by Dr Xin (Simba) Chang, University Senior Lecturer in Finance at Cambridge Judge Business School, found that firms that offered stock options to non-executive employees were more innovative, and suggested that the relationship was causal. Read…
Cambridge Business Magazine: It pays to hire your target’s former advisers
Acquiring firms that hire targets’ former advisors pay lower takeover premiums and reduce the likelihood of competing bids, says study co-authored by Dr Xin Chang, University Senior Lecturer in Finance at Cambridge Judge Business School. “We found that hiring targets’…
Options NOT ownership equal innovation
If you want employees to innovate you give them ownership, right? Wrong. New research suggests that offering stock options, rather than shares, to rank and file employees boosts innovation - while ownership might actually reduce it. In tricky economic times,…

Hiring ex-advisors of target firms pays off for acquirers
Acquiring firms that hire targets’ former advisors pay lower takeover premiums and reduce the likelihood of competing bids, says study co-authored by Cambridge Judge Business School academic. Acquiring firms that hire the former advisors of their targets "take advantage of…

Harvard Business Review: When treating workers well leads to more innovation
A paper published in the Journal of Financial Economics earlier this year found that firms that offered stock options to non-executive employees were more innovative, and suggested that the relationship was causal. Dr Xin Chang's article "Non-executive employee stock options…
The Malay Mail: Are accountants and CFOs killing innovation?
Innovation is important in today’s business, but it is difficult to nurture the creativity necessary for innovation. Chief financial officers usually have a large role in driving innovation. Research paper titled “Does accounting conservatism impede corporate innovation”, found that companies…
Today (Singapore): Are accountants and CFOs killing onnovation?
Innovation is important in today’s business, but it is difficult to nurture the creativity necessary for innovation. Chief financial officers usually have a large role in driving innovation. Research paper titled “Does accounting conservatism impede corporate innovation”, found that companies…
Business Standard: Are CFOs killing innovation?
Innovation is important in today’s business, but it is difficult to nurture the creativity necessary for innovation. Chief financial officers usually have a large role in driving innovation. Research paper titled “Does accounting conservatism impede corporate innovation”, found that companies…
Forbes India: Are accountants and CFOs killing innovation?
Innovation is important in today’s business, but it is difficult to nurture the creativity necessary for innovation. Chief financial officers usually have a large role in driving innovation. Research paper titled “Does accounting conservatism impede corporate innovation”, found that companies…