Professor Live: Marshall W Meyer, Professor Emeritus, Wharton

This time our extremely popular small group setting roundtable "Alumni Live" takes a new avatar as "Professor Live" with Professor Marshall W. Meyer on the Topic: Can a tiger change its stripes? Reform of Chinese State-owned enterprise in the penumbra of the State

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A conversation between Peter Navarro and Hank Paulson, Are China hawks listening?

Navarro: I told you so. They’re cheating on us. They’re subsidizing so-called private firms. Unfair. Mercantilism. Must demand an end to this or no trade deal!

Paulson: But our model is right. Privatized firms perform better. And they perform even better once the state props or soft budget constraints are yanked out.

Navarro: Oh my gosh. You’re saying, Hank, that Chinese firms will be even more competitive if they do what we want them to? No way. MAGA! Study Xi Jinping theory!

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During the luncheon, we explore why the Chinese government would want to support privatized firms given that, paradoxically, government support impairs their performance. And we ask, rhetorically, why the U.S. government demands that China remove these supports when such action would appear to strengthen Chinese firms.

Event details are enclosed below, we have only about 20 seats at the board table for the event. Please note that WCHK events usually sell out very quickly and we follow a no walk-in allowed policy, so register ASAP to avoid disappointment.

Event and Registration Details
This event is kindly hosted by David Cameron (WG08, L08, G08), partner & Co-Chair of Indian Practice Group at Dorsey & Whitney LLP.
Date: May 17th, 2019
Time: 12:15- 2:00 PM
Venue: Dorsey & Whitney, One Pacific Place, Suite 3008, 88 Queensway
Price (non-refundable): HKD 150, includes Brown Bag Lunch from Joel Robuchon
Dress Code: Business Casuals
Guests: WCHK welcomes guests of our alumni at the same price of HKD 150 (non-refundable)


TO REGISTER: please make payment to The Wharton Club of HK via payment to the Club's account at HSBC (502-411531-001) with receipt emailed to Sanjay Khanduri / David Cameron ([email protected]). Please also mention any dietary restrictions (vegetarian etc).



SPEAKER:
Marshall W. Meyer is the Tsai Wan-Tsai Professor Emeritus in the Wharton School of the University of Pennsylvania, where he is also Professor of Management and Sociology Emeritus, a faculty member of the Center for the Study of Contemporary China, and an associate member of the Center for East Asian Studies. Meyer is also Adjunct Professor of Management at the Hong Kong University of Science and Technology and a scholar of the Yale Chief Executive Leadership Institute.

For nearly two decades, Meyer has studied the ongoing reform of Chinese enterprises, including ownership reform (“Making Ownership Matter,” Paulson Institute Policy Memorandum; “Can a Tiger Change Its Stripes? Reform of Chinese State-Owned Enterprises in the Penumbra of the State,” NBER working paper), management reform (“Micro-Divisionalization: Using Teams for Strategic Advantage,” Academy of Management Discoveries, and Harvard Business School cases, “Haier: Zero Distance to the Customer” and “GE Appliances: Implementing Haier’s Made-In-China Management System”), and management innovation in China (“Going Out by Going In: Business Model Innovation with Chinese Characteristics,” Thunderbird International Management Review, and “High Velocity Management Innovation,” forthcoming). Meyer’s research program is supported by the China Research and Engagement Fund of the University of Pennsylvania.

Meyer served as Executive Senior Editor of Management and Organization Review, the journal of the International Association for Chinese Management Research, from 2004 to 2013 and remains a member of its Editorial Advisory Board. Meyer was Associate Editor of Administrative Science Quarterlyfrom 1987 to 1995 and has served on the editorial boards of other leading journals including the American Sociological Reviewand Contemporary Sociology.

Meyer is a senior adviser to the Haier Group, Qingdao, China. In September, 2017, he was awarded Haier’s Rendanheyibadge for academic contribution to the Haier management model. Meyer is also co-chair of the Advisory Board of the China Business Studies Initiative of the University of San Francisco and immediate past president of the Wood River Jewish Community, Ketchum, Idaho. Meyer is an Advisor to the Chinese Foundation Secondary School.

HOST:
David Cameron (WG08, L08, G08) is kindly hosting this session at his firm Dorsey & Whitney. Founded in 1912, Dorsey is an international firm with 550 lawyers in 20 offices worldwide. Dorsey's involvement in Asia began in 1995. With locations in Hong Kong, Shanghai and Beijing, Dorsey collaborates across practice areas and across its international and U.S. offices to assemble the best team for its clients. In terms of capital markets, issuers, investors and underwriters draw upon the hybrid set of skills and experiences of Dorsey's international capital markets team. With its regional focus and international experience, Dorsey offers its clients enhanced value-added services in the capital raising process. Dorsey's one-firm approach makes it particularly adept at dealing with complex multi-jurisdictional and multi-lingual matters.