Liang Zhang | Economics | Research Excellence Award

Dr. Liang Zhang | Economics | Research Excellence Award

Central South University | China

Dr. Liang Zhang is a highly productive and analytically rigorous scholar whose research contributes significantly to the fields of strategic management, corporate innovation, stakeholder governance, and organizational resilience. As an associate professor at the Business School of Central South University, his work integrates perspectives from institutional theory, organizational behavior, resource-based thinking, and corporate governance to explain how firms navigate complex institutional, political, and market environments. His research portfolio demonstrates a strong theoretical foundation combined with empirical sophistication, offering valuable insights into how organizations respond to external pressures and internal constraints. A substantial portion of his work examines the influence of institutional forces—such as ideological imprinting, government interventions, and political ties—on firm behavior. His article in the British Journal of Management (2023) provides a compelling analysis of how communist ideological imprinting shapes the strategic transformation of state-owned enterprises, contributing to a deeper understanding of institutional persistence and organizational adaptation. His more recent work, also in British Journal of Management (2024), explores the curvilinear relationship between supply concentration and organizational resilience, highlighting how firms balance risk exposure and resource dependence. Corporate innovation forms another major pillar of his scholarship. His publications in Industry and Innovation analyze the effects of R&D subsidies, partner repeatedness in university-industry alliances, and the configuration of collaborative portfolios on firm innovation performance. These studies offer nuanced insights into how firms strategically allocate and utilize resources, how collaboration patterns shape knowledge flows, and how external supports influence innovation outcomes. This line of inquiry aligns with global priorities around technological upgrading, innovation ecosystems, and sustainable competitiveness. His broader work on stakeholder dynamics and governance further enriches his research contributions. Publications in Management and Organization Review, Journal of Business Research, and IEEE Transactions on Engineering Management examine conflicting stakeholder pressures, the signaling effects of government official visits, financing outcomes for young technology-based firms, and board–CEO social ties as determinants of agency costs. These studies collectively illuminate how organizations manage external expectations, secure critical resources, and control internal governance risks. Across his publications, a consistent strength is his ability to integrate multiple theoretical perspectives to explain complex organizational phenomena. His empirical studies frequently utilize multilevel data, advanced statistical modeling, and contextually grounded institutional analysis, reinforcing the robustness of his findings. Liang Zhang’s research provides valuable implications for scholars, policymakers, and industry leaders concerned with innovation management, organizational adaptation, and strategic decision-making in emerging and transitional economies.

Profiles: Orcid | Google Scholar

Featured Publications

Zhang, L., Zhang, Z., Jia, M., & Ren, Y. (2020). A tiger with wings: CEO–board surname ties and agency costs. Journal of Business Research, 118, 271–285.

Zhang, L., Ren, Y., & Wu, J. (2023). Communist ideological imprinting and the transformation of state‐owned enterprises. British Journal of Management, 34(2), 1062–1078.

Zhang, L., Zhang, Z., Ren, Y., & Jia, M. (2020). The signaling effect of government official visits on external financing of young technology-based firms. IEEE Transactions on Engineering Management, 69(4), 888–903.

Ren, Y., Zhao, W., Zhang, L., & Hou, T. (2024). R&D subsidy and corporate innovation: An integrated view of resource allocation and resource utilisation. Industry and Innovation, 31(6), 727–752.

Zhang, L., Zhang, Z., Jia, M., & Ren, Y. (2017). Do outside directors matter? The impact of prestigious CEOs on firm performance. Chinese Management Studies, 11(2), 284–302.

Zhang, L., Zhang, Z., Jia, M., & Ren, Y. (2020). The strength of two hands: Conflicting stakeholder pressures and corporate philanthropic giving. Management and Organization Review, 16(2), 335–375.

Zhang, S., Shen, H., Zhang, L., & Li, Y. (2023). Promote or inhibit? The influence of partner repeatedness in university–industry alliance portfolios on firm innovation performance. Industry and Innovation, 30(4), 480–505.

Ren, Y., Li, J. J., Zhao, W., & Zhang, L. (2024). The delicate equilibrium: Unveiling the curvilinear nexus between supply concentration and organizational resilience. British Journal of Management, 35(4), 1935–1960.

Ms. Lata Pandey | Finance | Best Researcher Award

Ms. Lata Pandey | Finance | Best Researcher Award

Indian Institute of Information Technology Allahabad, India.

Lata Kumari Pandey is a dedicated PhD Senior Research Fellow at the Indian Institute of Information Technology Allahabad (IIITA) under the Department of Management Studies. Currently pursuing her PhD in the field of Management, she has demonstrated a strong academic track record, earning numerous qualifications and accolades. With a focus on Behavioral Finance and Digital Payment Systems, her research aims to bridge gaps in understanding consumer behavior in financial sectors. She is also an active contributor to the academic community, having authored several publications, book chapters, and conference papers.

Profile

Google Scholar

Education 🎓

Lata Kumari Pandey has a strong academic background, having excelled in various levels of education. She is currently pursuing a PhD at the Indian Institute of Information Technology Allahabad (IIITA), focusing on Behavioral Finance and Digital Payment Systems. Before this, she completed her M.COM from Kazi Nazrul Islam University with a 1st Class (78.81%), showcasing her strong analytical skills and academic dedication. Lata also holds a B.Com (Hons.) degree from Burdwan University, where she earned 1st Class (68.99%). Her solid foundation in academics began earlier with 12th ISC (82.66%) and 10th ICSE (79%), both from CBSE, demonstrating consistent high performance throughout her educational journey.

Lata Kumari Pandey has continuously excelled academically, having completed her M.Com and B.Com with top honors. Her current pursuit of a PhD focuses on examining modern financial platforms and consumer behavior, preparing her for a significant role in the academic world.

Experience 🏢

Lata Kumari Pandey has gained substantial research experience as a Senior Research Fellow. She has actively contributed to six international workshops and conference organizing committees, enhancing the academic experience within her institution. Her teaching and research activities at IIITA have reinforced her position as a leading scholar in behavioral finance and social media payment systems.

Research Interests 🔍

Lata Kumari Pandey’s research delves into the rapidly evolving field of behavioral finance, exploring how human psychology affects financial decision-making. Her work specifically investigates the risk perception of cryptocurrency investors, shedding light on the psychological factors that influence investment choices in this emerging market.

Social Media Payment Platforms and Adoption
Lata is also focused on the growing use of social media payment platforms (SMPPs), studying the factors that drive user intention and adoption of these platforms. Her research seeks to understand how these digital payment methods impact consumer behavior and their broader implications for financial markets and the economy.

Influence of Social Media Influencers on Investment Decisions
One of Lata’s key interests is examining how social media influencers shape equity investment decisions. She explores the role of influencers in guiding investor behavior and how their recommendations can affect financial choices in the digital age, particularly on platforms like YouTube and Instagram.

Financial Literacy and Consumer Behavior
Lata’s work also touches upon financial literacy in the digital age, with a focus on how online resources and social media influence individuals' understanding of finance, investment, and consumer behavior. Her findings aim to provide insights into improving financial education in an increasingly interconnected and digital world.

Awards and Honors 🏆

Lata Kumari Pandey has been recognized with multiple academic awards, including:

JRF in Commerce, with 99.98 percentile (AIR 33)

NET Qualified (2 times)

WBSET (Rank 4, 73.33%)

Selected Publications 📖

Factors Affecting the Risk Perceptions of Cryptocurrency Investors
J. Bhattacharjee, L. Kumari Pandey, R. Singh, H.K. Baker
Journal of Behavioral Finance, 2024, 1-13

Adopting Social Media Payment Platforms: A Systematic Literature Review and Future Research Agenda
L. Kumari Pandey, R. Singh, A. Singh
Academy of Marketing Studies Journal, 2025, 29(2), 1-20

Beyond the Screen: How YouTube Influencers Shape Equity Investment Decisions
L.K. Pandey, R. Singh, H.K. Baker, H.R. Laskar
Journal of Theoretical and Applied Electronic Commerce Research, 2025, 20(15), 1-17

A Data Mining Approach
R. Singh, K. Kajol, B. Pandiya, L. Puri, L.K. Pandey, S. Agarwal, S. Khan
Proceedings of the NIELIT’s International Conference on Communication, Electronic, and Digital Technologies, 2024

Heuristic and Herding in Investment Decision Among Millennials: An Empirical Study of Tripura
Sankha Subhra Deb, Sujit Deb, Lata Kumari Pandey, Lokendra Puri
Emerging Issues in Behavioral Finance, 2024, 167-168