All posts by aha271

CELEBRATING FRESH THINKING: PROFESSORIAL LECTURE SERIES

Join me in celebrating the very substantive contribution to academe made by Professor Richard Watt and Professor Jędrzej Białkowski in the next presentation in the Professorial Lecture Series for 2019.

Date:               Thursday 1 August from 4.30 – 6.00 pm

Location:        E14 – Engineering Core

I encourage all staff and postgraduate students to attend this lecture, to actively support our new Professors, and take the opportunity to appreciate the fantastic research being undertaken in parts of the university we may be less familiar with.

“The Economics of Music and the Music of Economics” – Presented by Professor Richard Watt, Department of Economics & Finance

Economics, in one way or another, is concerned with decision making – choosing the optimal course of action from among those available. As such, one of the principal applications of economics is to study decision making along the value chain of goods and services in an economy, or more generally, decision making in “markets”. A study of a market begins with the entrepreneurial actions of bringing together inputs (raw materials, labour, capital, etc.) to create something useful, then the resulting goods and services must be made available to the consuming public (decisions around transportation, and retailing), and finally the consumers themselves decide which of them to consume (depending on their income, their preferences, and the prices of the goods and services that are available). Of all of the goods and services that circulate in an economy, “music” is one of the most fascinating, with a series of particular circumstances that have tested standard economic theory in many ways. In this talk, Professor Watt will outline the economics of the “music market”, touching on its special characteristics and the economic institutions that have evolved, and that continue to evolve, to contribute to the music market being functional, profitable, and welfare enhancing.

“Greener than a Greenback: Might the idea of socially responsible investing change the finance industry?” – Presented by Professor Jedrzej Bialkowski, Department of Economics and Finance. 

Since the beginning of the 21st century, the idea of socially responsible (or sustainable and responsible) investing (SRI) has become increasingly popular, attracting a substantial amount of investors’ money and moving from a niche investing strategy to a mainstream one. SRI market participants typically seek to achieve financial returns combined with consideration of some aspect of firms’ environmental, social and corporate governance (ESG) profiles. Given the rapid proliferation of green financial products, the increasing assets under management and the differences across the products, it is important to understand this growth and the investor demand behind it.

Professor Jedrzej Bialkowski will discuss the past, current trends and the challenges faced by so-called green finance. In particular, he will focus on the behaviour of SRI investors and the performance of different types of assets in terms of risk/return profile and exposure to ESG values. Light will be shed on the importance of regulations for the development of socially responsible investing.

Professor Ian Wright

Deputy Vice-Chancellor | Tumu Tuarua

Celebrating Fresh Thinking: Professorial Lecture Series

Join me in celebrating the very substantive contribution to academe made by Professor Pavel Castka and Professor Tom Cochrane in the next presentation in the Professorial Lecture Series for 2019.

Date:               Thursday 6 June, from 4.30 – 6.00 p.m.
Location:       E14 – Engineering Core

I encourage all staff and postgraduate students to attend this lecture, to actively support our new Professors, and take the opportunity to appreciate the fantastic research being undertaken in parts of the university we may be less familiar with.

Presentation details:

“Universal Language of the Future? Addressing business challenges through international standards” Presented by Professor Pavel Castka, Department of Management, Marketing & Entrepreneurship

How can businesses address social and environmental issues – such as climate change, social responsibility, poverty or child labour – in a vastly diverse world with different opinions on these issues?  Is there a common platform or universal language that can facilitate the interaction between businesses across the world – enabling addressing of these challenges as well as challenges of everyday cooperation of firms in global supply chains?

In this inaugural professorial lecture, I will build on research at UC as well as my involvement with international standard setting NGOs – including International Organisation for Standardization (ISO) and International Union for Conservation of Nature (IUCN) – and discuss the status quo as well as future challenges of standards setting, adoption and control mechanisms that ensure consistency of international standards across the globe. The lecture is designed for a diverse audience that is interested in social and environmental issues as well as in the generic matters of cooperation in international business – inclusive of non-academic audience such as business leaders or social activists. The lecture provides an insight into the exciting world of international standards, potentially the universal language of the future.

“Food–energy–water nexus in the Mekong” – Presented by Professor Tom Cochrane, Department of Civil & Natural Resources Engineering

The Mekong basin in Southeast Asia is undergoing rapid development.  Basin wide water infrastructure development (hydropower/irrigation), climate change and land-use change are causes for concern due to potential impacts on highly valued fisheries, agriculture, and natural ecosystems. Extensive water, sediment and nutrient modelling and analyses were thus conducted to understand the food-energy-water nexus in the basin and assess future threats and evaluate alternative pathways. Results show that recent development of flood protection dykes, as well as sea level rise and land subsidence pose a major threat to the long term sustainability of the Mekong Delta. Future adaptation and mitigation strategies should include optimal operation of water infrastructure (hydropower, dykes, and irrigation systems) to reduce hydrological and sediment changes, reduction in groundwater pumping, water storage management, sea level rise protection infrastructure, land reclamation, enhancement of coastal and in-stream habitats, and others.  A single solution is not sufficient for this complex basin; multiple mitigation initiatives are necessary through transboundary communication and coordination. The analysis and methods, as well as the lessons learnt in this research can be translated to other river systems around the world undergoing rapid development and climatic threats.

Professor Ian Wright
Deputy Vice-Chancellor | Tumu Tuarua