蛋播视频一区,无码鲁丝一区二区,精品 久久 五月天,国产老熟女,五月草草在线观看,中文日韩欧美,情色一区二区三区,欧美日韩亚洲激情在线,亚洲制服在线香蕉

報告題目：Corporate discredit with Chinese characteristics: Evidence from postings by the Supreme Court of China

報告人：吳一平教授(上海財經大學)

主持人：劉修巖教授董斌教授（東南大學）

講座時間：2021年11月12日（周五）上午10:00

線上參會：騰訊會議ID：926 554 189

報告內容摘要

External governance mechanisms can affect corporate behaviors. We examine the postings of discredit by the Supreme Court of China on the financing, investment, growth and corporate valuation of Chinese listed firms. We employ a difference-in-difference method and find that postings of discredit are negatively associated with the growth rate of bank loans. This effect is more pronounced for small and private firms, in particular for those private firms without political connection. In addition, this effect is more pronounced for firms in regions with better legal environment and lower costs of contract enforcement. Firms receiving higher investor attention suffer more severely from discredit postings. Also, firms with poor corporate governance suffer more severely from discredit postings.This paper provides supporting evidence for the role of external governance mechanism in disciplining corporate behavior in a context of poorly developed financial and legal system as China.

報告人簡介

吳一平，經濟學博士，上海財經大學公共經濟與管理學院教授、博士生導師。研究方向包括國家治理與經濟發(fā)展、財政體制與政策改革、產業(yè)政策與科技創(chuàng)新。兼任上海市經濟學會理事、浙江省民營經濟研究會高級顧問。在《經濟研究》、《管理世界》、《經濟學季刊》、Governance、Journal of Economic Behavior and Organization、World Development等期刊發(fā)表論文近50篇。

TIPS

線上會議參會人員需事先在電腦或手機安裝會議軟件或通過小程序參會。開會時，輸入會議ID以及本人姓名加入會議。

-END-

美編 | 吳佳希

責編 | 孫靚

東南大學經濟管理學院新媒體工作室