14 Jan 2015
Dr Alex Lau, Associate Professor of the Department of Accountancy and Law, recently received the Brian Sharpe Memorial Essay Award presented by the Governance Risk Compliance Institute (GRCI) in Australia in recognition of his outstanding co-authored paper and academic performance.
Entitled “Rethinking Western Corporate Governance Laws for Hong Kong: Evidence of Chinese Values Overshadowing Directors’ Duties”, this award-winning paper was written by Dr Alex Lau together with Dr Danny Ho, Lecturer at Hang Seng Management College, and Dr Angus Young, Assistant Professor at the University of Western Sydney. It examines corporate governance in Hong Kong, in particular the interplay between Western corporate governance principles/values and the Confucian ideals and Chinese culture. It draws on a number of resources and previous studies conducted on the influence of Confucianism on Hong Kong’s corporate governance norms.
The GRCI Annual Awards were created to recognise outstanding contributions by individuals and corporations to the development, understanding, or implementation of compliance systems in Australia and the dissemination of the values associated with those people and businesses who embrace the challenge of embedding compliance, risk, ethics and governance in their organisations.
In addition to the above honour, Dr Lau also received the Pro Bono and Community Service Gold Award for the third consecutive year from the Law Society of Hong Kong in recognition of his pro bono and community work of not less than 100 hours over the last year, during which he dedicated his efforts in serving the needy with professional knowledge and volunteer service in legal advice and assistance.