喻园管理论坛2024年第69期(总第1001期)

演讲主题: Green Image Management in Supply Chains: Strategic Disclosure of Corporate Suppliers

主  讲 人:吴靖  香港中文大学副教授

主  持 人:滕敏  计算金融系副教授

活动时间: 2024年7月12号（周五）上午9：30-11:30

活动地点:管院大楼107室

主讲人简介：

Jing Wu is an Associate Professor in the Department of Decisions, Operations and Technology at the Chinese University of Hong Kong (CUHK) Business School. He is the Director for Master of Science Program in Business Analytics, and the Director of the Asian Institute of Supply Chains & Logistics (AISCL)’s Institute Development Office. He receives his Ph.D. (major in operations management, minor in economics & finance) and MBA from the University of Chicago Booth School of Business and his bachelor’s degree in Electronic Engineering from Tsinghua University. Professor Wu’s primary research fields are global supply chain management, operations-finance interface, sustainable operations, and FinTech, using empirical methodologies including panel econometrics, machine learning, textual analysis such as LLM. As a recipient of multiple best paper awards in OM and IS fields, his papers are published in leading journals such as Management Science, M&SOM, POMS, and JIBS. His articles appear in business magazines such as MIT Sloan Management Review, the Economist, and Forbes.

活动简介：

This paper examines how firms manage their disclosure of customer-supplier relationships to create a favorable green image in their supply chain. Our study finds strong evidence that firms strategically disclose relationships with environmentally responsible (“good”) suppliers while withholding relationships with“bad”suppliers, ceteris paribus. This strategic disclosure is particularly pronounced for firms with a worse ESG rating, a greater concern for their brand image, and a higher level of institutional ownership. Additionally, it tends to increase as public awareness of climate change grows and decreases as regulations on environmental information transparency strengthen. Furthermore, we find that firms engaging in strategic disclosure of“green”suppliers experience higher future stock returns and asset turnover, indicating that investors and consumers may not fully understand the implications of such disclosure.