The 16th Academic Lecture in Business School
Topic:Do corporate governance mechanisms matter to community engagement in Australian mining industry
Speaker:Dr. Teng Lin(Assistant Professor in Xiamen University)
Date:Oct 29
th, Wed
Time:9:00-11:00 a.m.
Place:Seminar Room in Business School(the 2
nd floor in Wenxi Building)
Host:Professor Yue'e Long
Language:English
Lecture Synopsis:Mining companies in Australia are operated in a setting in which their operations and behaviors bring huge social, environmental and financial impacts to the local community. The future of mining companies is not solely dependent on technology and commercial proficiency as the incompetence in community development and relationship management can jeopardize their operations. Traditional corporate governance system has been established with aims to protect investors and guarantee a proper return for their investment, in which the need of community engagement are ignored until the investment in community engagement can lead to a proper return to the investor. However, determining community activities primarily on commercial justifications is inadequate to meet ethical and moral needs. Our findings draw attention to the importance of firm performance in the study of the impact of governance mechanisms on managerial decision making in community engagement. Furthermore, our study provides a robust confirmation of the need to incorporate the agency theory insights into the stakeholder theory in predicting community engagement investments, since we illustrate that firm performance and corporate governance jointly determine the levels of community engagement.
Brief Introduction of Dr. Teng Lin:Dr. Teng Lin attained his Master and PhD in accounting from University of Queensland and Queensland University of Technology respectively. He is also a certified practicing account in Australia with various industrial experience. Currently he works for the Institute for Financial and Accounting Studies at Xiamen University. His research is focusing on Chinese companies' political connection, executive compensation and misconduct, corporate governance, earnings management and Australian mining companies studies.
All faculties and students are welcome!