The Chahm Entrepreneur Award was established to recognize a businessman who serves as a role model for today's businesses, to encourage positive business ethics under the free market economy and to foster the growth of Korean enterprises in the long run. "Business profits should be returned to society." - While quite easy to say, very few businessmen actually put it into practice. The College of Business Administration has designated role models and presented them with the True Entrepreneur Award since 1991. The first True Entrepreneur Award was awarded to Dr. Il Han New, the late founder and chief executive officer of Yuhan Corporation.

Samsung Display Devices, Co., Ltd. has recently sponsored the Chung-Ang University Samsung Young Professorship Program in which Samsung agrees to provide financial support to Chung-ang University for arranging the recruiting and invitation of foreign-educated Korean-speaking young scholars and for furnishing consulting services through these scholars. This program is intended to seek prominent doctorate-holders in business administration who can benefit Samsung with consulting services in marketing, management, and other key functional areas of a business. Benefits to Chung-Ang University include improved university image, research and teaching opportunities with distinguished professors, positive enterprise relations, possibility of hiring superior scholars as faculty members, and demonstration of a role model to other firms.

The International Management Forum was first held in 1992 to boost research collaboration between academicians in the Asia-Pacific region. Many notable scholars have presented their work in the Forum including Dr. Denis F. Simon of Fletcher International School at Tufts University, Dr. Myung Oh, the chairman of the Daejeon EXPO Organizing Committee and the Minister of Science and Technology, Dr. Frederick D.S.Choi of New York University, Dr.W.Carl Kester at Harvard Business School, and Dr. Hideaki Miyajima of Waseda University, just to name a few.