基地研究员李奥老师合作论文“Gone with chain: The ripple effect of ESG performance in China's industrial chain”在Environmental Impact Assessment Review公开发表。EIAR是环境研究领域的国际权威期刊，强调理论与实践的创新性，涵盖政策、项目及产品的环境影响评估与管理。

摘要：This paper examines the industrial chain ripple effect of ESG in upstream and downstream companies from the perspective of the entire industrial chain, utilizing data from Chinese A-share listed companies. The study reveals that the ESG performance of upstream and downstream companies significantly enhances the ESG performance of midstream focal companies within the industrial chain. The ripple effects of industrial chain ESG are more pronounced when the focal firm demonstrates financial stability, maintains geographic proximity to the upstream and downstream chains, possesses a larger firm size, or operates under private ownership. Further, the paper finds that corporate ESG initiatives exert industrial chain ripple effects through two channels: optimizing the matching of supply and demand between upstream and downstream companies and focal firms; and stabilizing the supply-demand relationship through interactions between focal firms and upstream and downstream entities. This study aims to elucidate the phenomenon of focal firms adopting ESG practices, and how it is affected by upstream and downstream entities within the industrial chain. It offers a novel perspective for fortifying the resilience of industrial chains against market uncertainties and disruption risks, thereby advancing the sustainable development of these chains.

关键词：ESG; Industrial chain ripple effect; Optimizing the matching of supply and demand; Stabilizing supply-demand relationship

论文链接：https://doi.org/10.1016/j.eiar.2024.107576

教师简介

李奥，中南财经政法大学金融学院讲师，研究领域为公司金融、公司治理、企业创新。本科毕业于华中科技大学管理学院会计ACCA专业，硕士毕业于英国谢菲尔德大学会计与金融系，博士毕业于厦门大学管理学院财务学系。论文发表于《世界经济》、《管理科学学报》、《International Review of Financial Analysis》、《Energy Economics》、《International Review of Economics and Finance》、《Environmental Impact Assessment Review》等国内外学术期刊。国际特许公认会计师（ACCA）会员。