沪江经管论坛系列活动(第二十八期)| Governors' partisanship and corporate environmental performance: Evidence from Korean firms

发布时间:2022-06-07        浏览量:766

时间:2022年6月8日(星期三)15:30-16:30

地点:腾讯会议:968-271-990(密码:7383)

主题:Governors' partisanship and corporate environmental performance: Evidence from Korean firms

主讲人:俞炳俊(beat365中国官方网站)

简介:YU BYUNGJUN(俞炳俊),工商管理系讲师,韩国籍,主要研究领域包括家族企业、企业社会责任、公司治理等。本科就读于韩国培才大学,获学士学位;2011-2020在上海交通大学获硕士、博士学位。在 Corporate Social Responsibility and Environmental Management, Business Strategy And Environment, IEEE Transaction on Engineering Management, and Journal of Cleaner Production等国际期刊发表论文。

摘要:This study investigates the relationship between governors' partisanship and the corporate environmental performance of firms in South Korea. According to political ideology perspective, governors' partisanship closely influences the policy directions and preferences of the provincial administration. Conservative (red) governors tend to induce and encourage competition among firms by deregulating and offering policy benefits to businesses at the provincial level. In response to increased competition in provinces governed by red governors, firms commit to aggressive environmental initiatives as a strategic differentiation tool, in contrast to their behavior in provinces controlled by liberal (blue) governors. Moreover, we examine a contingent role of the provincial Congress. According to the principle of checks and balances, the positive impact of red governors on a firm's environmental performance is stronger when the provincial Congress is controlled by the liberal (blue) party, with its checks and balances on the red governors. This study extends an institutional theory by exploring institutional setting mechanisms at the provincial level.