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We take a business analytic approach to examine ways to reduce environmental incidents committed by Chinese manufacturers. We first perform descriptive analysis to examine the long-term impact of environmental incidents on a firm's performance that is measured in terms of Returns On Assets...
Persistent link: https://www.econbiz.de/10012913443
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
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
Commitment to support diversity, equity, and inclusion (DEI) has become a priority for American firms to meet current and future compliance, attract top talents, boost innovation, and improve financial performance. Due to its infancy, there is an ongoing debate and a lack of empirical studies...
Persistent link: https://www.econbiz.de/10014258495
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