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LOVE WELL, WHIP WELL: A COMPETING VIEW OF POLITICAL AFFINITY BETWEEN COUNTRIES FOR ESG-VIOLATING FIRMS

2024-06-12  

报告题目:LOVE WELL, WHIP WELL: A COMPETING VIEW OF POLITICAL AFFINITY BETWEEN COUNTRIES FOR ESG-VIOLATING FIRMS

报告时间:2024621 8:30-9:30

报告地点:必发9988集团B211

报告人:夏军 教授

邀请人:马荣康 副教授

报告内容和摘要

  The prevailing literature on political affinity and multinational corporations’ (MNCs’) global operation commonly views political affinity as a protective shield, suggesting that the closer the relationship between the two countries, the greater the protection for MNCs. This perspective, however, is usually limited to the context of MNCs operating under normal conditions. This posits that political affinity may act as a double-edged sword in environmental, social, and governance (ESG) misconduct. While political affinity can provide an “insurance-like effect” by mobilizing home-country stakeholders to shield MNCs overseas, it may simultaneously provoke a “domestic-like penalty,” diminishing their inclination to offer protection and amplifying the reputational penalties for the offending firm. We further propose that shared language and bilateral commercial ties reinforce the domestic-like effects, intensifying the negative side of political affinity on the firm’s reputation. On the contrary, an MNC’s past ESG performance helps maintain domestic stakeholders’ confidence in the firm, intensifying the positive side of political affinity on reputational penalties. Using a sample of 9,153 ESG-violating incidents by 547 U.S. firms in different countries, our study unveils fresh insights into the double-edged sword role of political affinity.

报告人简介

夏军博士是得克萨斯大学达拉斯分校Naveen Jindal管理学院的教授。他对组织理论、跨国战略、企业并购、企业联盟、企业创新,以及新兴国家企业的发展等领域都有深入的研究。夏教授在战略管理领域的顶级期刊如Strategic Management Journal, Academy of Management Journal, Organization Science等期刊上发表了30余篇研究论文,其中有10篇论文发表在Strategic Management Journal上;2篇论文发表Academy of Management Journal1篇论文发表在Organization Science上。夏教授担任了Management and Organization Review的资深编辑,还担任了Academy of Management ReviewJournal of International Business Studies两本期刊的编辑审查委员会成员。


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