1.講座嘉賓：石玉坤，副教授、博士生導師

2.時間：2023年12月13日，周三，10:00-11:30

3.地點：學術會堂702

4.講座論文題目：Social Networks and Corporate Environmental Policy

5.摘要：

This paper documents the spillover effects of corporate environmental policy through directors’ social networks. We find that the degree of similarity in environmental policy between the two firms is positively associated with the number of directors’ connections they share. We use directors’ deaths to address endogeneity concerns, we find that firms’ environmental policies are less similar when a director connecting them dies. Importantly, we also underscore the significance of punishment in this spillover effect, showing that when socially connected firms engage in poor environmental behaviors without facing significant punishment, firms tend to imitate their environmental policy. Conversely, firms tend to reflect on their own environmental policy when their socially connected firms are significantly punished for their poor environmental behaviors. The social network effect is particularly prominent among successful firms and those with a CSR committee. Furthermore, the social network effect is attributed to both bright- side of environmental activities, such as differentiation strategy, and dark-side, such as agency problems.

6.個人簡介：

石玉坤

英國格拉斯哥大學亞當斯密商學院金融學副教授、博導，金融研究中心副主任

石玉坤, 英國格拉斯哥大學亞當斯密商學院金融學副教授、博導，金融研究中心副主任。穆迪分析學術顧問，國家創新與發展戰略研究會高級研究員。他的研究方向為綠色金融、量化金融、金融科技和公司金融等。擔任留英留歐華人經濟學家協會常務理事及蘇格蘭分會主席，國際金融與銀行協會亞洲理事。他同時也是亞洲開發銀行研究院、注冊金融分析師（CFA）機構、英國國家統計局，歐洲複興開發銀行等機構的培訓師及學術顧問。發表學術論文四十餘篇，經常在國際學術會議上擔任主旨演講人并擔任國際期刊編輯。

7.主辦方：中國金融發展研究院

8.講座地址：韦德体育bevictor（學院南路校區）

9.北京市海澱區學院南路39号