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【2016-12-21 会计学院学术论坛】The Warning of Haze: Weather and Corporate Investment

作者: | 发布日期:2016-12-14| 浏览次数:

讲座人: 张修平

 

讲座主题:The Warning of Haze: Weather and Corporate Investment

 

摘要:Weather conditions have been shown to have significant effects on stock market. This paper investigates whether air quality affects corporate investment. Results from the sample of Chinese A-share listed firms from 2007-2013 demonstrate that poor air quality is negatively associated with corporate investment; and firms with risk averse managers are more likely to reduce corporate investment due to air pollution. These findings complement existing literature on how weather conditions affect corporate financial decisions.

 

讲座时间:2016年12月21日,周三,14:30开始

 

讲座地点:学院南路主教10楼1011

 

讲座人简介:张修平,中国人民大学博士研究生。研究兴趣为企业创新、企业战略与财务等相关领域,已在《南开管理评论》《中国软科学》等期刊发表多篇论文。