Managerial and Decision Economics最新文献_第10页

Shifting Proactive or Keeping Silent: How Does Environmental Legislation Enhance Companies' ESG Performance? 转向主动还是保持沉默：环境立法如何提高企业的ESG绩效？

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-12-23 DOI: 10.1002/mde.4458

Xijia Huang, Wenkai Ao, Wei Hu, Lisi Yang

{"title":"Shifting Proactive or Keeping Silent: How Does Environmental Legislation Enhance Companies' ESG Performance?","authors":"Xijia Huang, Wenkai Ao, Wei Hu, Lisi Yang","doi":"10.1002/mde.4458","DOIUrl":"https://doi.org/10.1002/mde.4458","url":null,"abstract":"<div>\u0000 \u0000 <p>By integrating the behavioral theory of firms with institutional theory, this study examines the causal impact of environmental legislation on corporate ESG performance through a quasi-natural experiment involving the implementation of the China's New Environmental Protection Law (NEPL). Utilizing data on Chinese listed companies from 2010 to 2021 and employing a difference-in-differences model, our findings reveal that the NEPL significantly boosts ESG performance, with improvements increasing over time. Our mechanism analysis indicates that this enhancement is primarily driven by the improved quality of environmental information disclosure, suggesting proactive disclosure under stringent environmental legislation. Further heterogeneity analysis reveals complementary effects from private attribute, institutional shareholdings, and public media attention. This paper opens the “black box” of how environmental legislation influences corporate ESG performance from the perspective of strategic company disclosure, highlighting the critical role of proactive information disclosure in navigating complex external environments.</p>\u0000 </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 4","pages":"2329-2344"},"PeriodicalIF":2.5,"publicationDate":"2024-12-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143945022","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Commercial Social Capital and Social Conflict: Historical Evidence From China 商业社会资本与社会冲突：来自中国的历史证据

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-12-23 DOI: 10.1002/mde.4469

Weiwei Xiao, Xing Yi, Yuqing Zhong, Xiuxiu Yin

{"title":"Commercial Social Capital and Social Conflict: Historical Evidence From China","authors":"Weiwei Xiao, Xing Yi, Yuqing Zhong, Xiuxiu Yin","doi":"10.1002/mde.4469","DOIUrl":"https://doi.org/10.1002/mde.4469","url":null,"abstract":"<div>\u0000 \u0000 <p>Social stability is a crucial prerequisite for the prosperity and development of a country or region, and social conflict has long been a focal topic in academia. However, few studies examine the impact of commercial social capital on social conflict. This paper addresses this gap by investigating the influence of <i>shanghui</i> (chambers of commerce) in the late Qing Dynasty, a form of commercial social capital, on regional social conflict. Utilizing prefecture-level panel data from 1902 to s and employing a DID approach, we empirically explore the impact of <i>shanghui</i> on regional social conflict during this period. The results show that the establishment of <i>shanghui</i> significantly increased the likelihood of regional social conflict, and this effect remains robust across a variety of robustness tests. As a form of commercial social capital, <i>shanghui</i> effectively promoted the formation of merchant networks, facilitating collective action among merchants to safeguard their interests. Further historical evidence suggests that the impact of <i>shanghui</i> on regional social conflict is primarily evident in three areas: (1) supporting social revolutions, particularly the Revolution of 1911; (2) resisting actions by foreign merchants and the Qing government that threatened their interests, exemplified by the Boycott of American Goods and the Railway Protection Movement; and (3) siding with merchants in labor disputes, thus leading to worker strikes.</p>\u0000 </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 4","pages":"2413-2430"},"PeriodicalIF":2.5,"publicationDate":"2024-12-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143945021","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Pathways to Urban Green Innovation: Does Extreme Temperature Pose a Barrier? 城市绿色创新之路：极端温度是否构成障碍？

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-12-22 DOI: 10.1002/mde.4467

Ligang Ren, Dasen Huang, Ao Shu, Lingbing Feng

{"title":"Pathways to Urban Green Innovation: Does Extreme Temperature Pose a Barrier?","authors":"Ligang Ren, Dasen Huang, Ao Shu, Lingbing Feng","doi":"10.1002/mde.4467","DOIUrl":"https://doi.org/10.1002/mde.4467","url":null,"abstract":"<div>\u0000 \u0000 <p>To achieve the goal of “peak carbon dioxide emissions and carbon neutrality,” China has proposed significant measures to promote green technological innovation. Though abundant research has confirmed the positive impact of green innovation on the environment, whether environmental factors reciprocally influence green innovation remains insufficiently explored. This study delves into the influence of extreme temperatures on urban green innovation, utilizing panel data from 287 prefecture-level cities in China spanning from 2003 to 2019. Results indicate that extreme temperatures significantly impede the development of urban green innovation, with a series of robustness tests affirming the reliability of this effect. We find that this effect is transmitted through both the “inequality exacerbation effect” and the “industrial production inhibition effect.” In addition, the dampening effect is more pronounced in cities in the eastern part of the country, in smaller cities, and in cities with low river densities. This paper further finds that extreme heat is the main factor that causes extreme temperature to inhibit green innovation in cities. Moreover, extreme temperatures also had a consistent inhibitory effect on the overall innovation capacity of cities.</p>\u0000 </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 4","pages":"2388-2412"},"PeriodicalIF":2.5,"publicationDate":"2024-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143944967","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Digital Content Provision Under Virtual Tipping 虚拟小费下的数字内容供应

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-12-19 DOI: 10.1002/mde.4432

Wenche Wang

{"title":"Digital Content Provision Under Virtual Tipping","authors":"Wenche Wang","doi":"10.1002/mde.4432","DOIUrl":"https://doi.org/10.1002/mde.4432","url":null,"abstract":"<div>\u0000 \u0000 <p>The proliferation of digital technology has introduced innovative engagement features between content producers and viewers. Virtual tipping, a novel form of revenue generation, allows viewers to award producers with virtual currency in real-time. In this paper, we develop a model where content producers generate revenue from both advertisements and virtual tips, aiming to explore how virtual tipping influences the differentiation of digital content. Unlike previous models, we assume that content producers make prior product decisions before entering the platform and can adjust their content in response to platform incentives and viewer demand. Content producers face a trade-off between expanding market coverage for higher advertisement revenue and prioritizing viewer satisfaction for increased virtual tipping. We derive a platform-streamer contract involving two incentive devices: a share of virtual tipping revenue and mediated search. Our results suggest that virtual tipping reduces content differentiation, except in cases where differentiation is already minimal. Consequently, virtual tipping encourages both the platform and content producers to prioritize viewer satisfaction, which can be welfare improving. However, the integration of mediated search amplifies virtual tipping's downward force on differentiation, which may counteract the welfare gains.</p>\u0000 </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 2","pages":"1265-1277"},"PeriodicalIF":2.5,"publicationDate":"2024-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143116467","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Strengthened Through Collaborations: Convergence of Interfirm and Intrafirm Knowledge Exchange for Improving Informal Economy SMEs' Sustainability Performance 通过合作加强：企业间和企业内部知识交流的融合，以提高非正规经济中小企业的可持续发展绩效

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-12-18 DOI: 10.1002/mde.4435

Ayodotun Stephen Ibidunni, Obaloluwa Obed Oyewo, Ranti Falana, Edwin Okoro

引用次数: 0

Loss Aversion, Moral Hazard, and Stochastic Contracts 损失规避、道德风险和随机合约

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-12-18 DOI: 10.1002/mde.4459

Hoa Ho

引用次数: 0

Efficiency Assessment of Mutual Fund With Risk and Negative Data: An Improved Two-Stage Network SBM Model 具有风险和负数据的共同基金效率评估：一个改进的两阶段网络SBM模型

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-12-16 DOI: 10.1002/mde.4464

Xiao Shi, Zhuo Pei, Xinle Liu

引用次数: 0

Evaluating Causal Effects of Increasing Block Pricing Policy on Residential Electricity Consumption in China 提高大宗定价政策对中国居民用电的因果效应评价

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-12-16 DOI: 10.1002/mde.4466

Zheng Fang, Thai-Ha Le, Jiang Yu, Manyi Fan

引用次数: 0

Urban Green Innovation and the Export of Low-Carbon Products by Firms in Emerging Markets: Evidence From Chinese Manufacturing Firms

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-12-16 DOI: 10.1002/mde.4457

Qiang Gao, Lin Song, Chen-Xi Hu, Beibei Shi

{"title":"Urban Green Innovation and the Export of Low-Carbon Products by Firms in Emerging Markets: Evidence From Chinese Manufacturing Firms","authors":"Qiang Gao, Lin Song, Chen-Xi Hu, Beibei Shi","doi":"10.1002/mde.4457","DOIUrl":"https://doi.org/10.1002/mde.4457","url":null,"abstract":"<div>\u0000 \u0000 <p>Given the backdrop of global warming and the rise of more stringent green trade barriers, such as the Carbon Border Adjustment Mechanism, we utilize data from firms in the world's largest emerging market to theoretically analyze and empirically test the effects of urban green innovation on the export of low-carbon products by firms. First, urban green innovation significantly boosts the export of low-carbon products by firms. Second, our analysis of the mechanisms shows that urban green innovation enhances firms' export of low-carbon products by lowering production costs, easing internal financing constraints, and helping them navigate green trade barriers in host countries. Third, urban green innovation contributes simultaneously to reducing firms' energy consumption and pollution emissions, and it plays a significant role in expanding the export variety of low-carbon products by firms, as well as increasing the number of host countries they serve. Our heterogeneity analysis reveals that the more differentiated the low-carbon products, the greater the impact of urban green innovation. Moreover, urban green innovation has a more significant effect on promoting the export of low-carbon products by non–state-owned firms compared to state-owned ones.</p>\u0000 </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 4","pages":"2314-2328"},"PeriodicalIF":2.5,"publicationDate":"2024-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143944599","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

AI-Driven Sentiment Analysis for Retail Management: A Graph-Based DSS Comparing Franchise and Company-Owned Stores 面向零售管理的人工智能情感分析：基于图表的决策支持系统（DSS）对特许经营店和公司自营店的比较

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-12-16 DOI: 10.1002/mde.4462

Jérôme Baray, Gérard Cliquet

引用次数: 0