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We examine firms listed on the Shanghai/Shenzhen Stock Exchange to investigate stock market reactions to 294 Chinese manufacturing firms involved in 618 environmental incidents between 2006 and 2013. Through our event studies, we find empirical evidence of a significantly negative stock market...
Persistent link: https://www.econbiz.de/10012954094
The speed of recovery from supply chain disruption has been identified as the predominant factor in building a resilient supply chain. However, COVID-19, as a rapidly evolving crisis, may challenge this assumption. Infection risk concerns would increase if managers decided to resume production...
Persistent link: https://www.econbiz.de/10013323604
Many firms believe that the way to cope with environmental violations by their contract manufacturers is through greenwashing initiatives which they hope will protect them from collateral damage. Chris Lo, Christopher Tang, Paul Zhou, Andy Yeung, and Di Fan disagree, arguing that turning a blind...
Persistent link: https://www.econbiz.de/10013213903
Persistent link: https://www.econbiz.de/10014293310
Multinational corporations (MNCs) have benefited tremendously from free trade in the past few decades in the form of cost reductions, resource advantages, and market expansion. However, the dynamism of international relations and a global recession have rekindled the debate over frictionless...
Persistent link: https://www.econbiz.de/10013217090