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约克大学段锐学术讲座通知

来源:人事与师资办公室 作者: 发布时间:2020-04-27 14:27:00 点击数:

段锐,Schulich School of Business, York University在读博士。研究方向是企业融资、客户供应商网络、信息披露、创新、企业社会责任、机构控股。

 

时间:430日(星期四)上午8:30-9:45

地点:腾讯会议,会议 ID914 385 230

      点击链接直接加入会议:https://meeting.tencent.com/s/5MLQWll56eb6

 

讲座题目:Real Effects of Environmental Regulations on Firm Performance: The Role of Competition

 

讲座摘要:Using the 1977 amendment of the Clean Air Act non-attainment designations as an exogenous source of variations in county-wide regulations, I find that effects of regulatory stringency differ across firms facing varying levels of competitive threats. Firms under higher level of competition have a stronger incentive to remain in regions with tightened regulations and seek competitive advantages through greater innovation, product differentiation, and barriers to entry. Analyses in a triple-difference framework show that high-competition firms are less likely to reduce their ownership of plants  in regulated areas, and that these firms experience larger improvements in operating performance relative to low-competition firms. Finally, results suggest that gains in competitiveness are derived from increased innovation quality, lower product similarity, fewer local competitors, and ultimately, greater customer attraction and retention.

欢迎感兴趣的老师和同学参加。

 

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