上海治理论坛第535期
标题：Love Well, Whip Well: A Competing View of Political Affinity Between Countries for ESG-Violating Firms（爱得深，罚得沉：ESG违规企业之间国度政治亲和力的对抗概想）
演讲人：夏军教授，德克萨斯大学达拉斯分校Naveen Jindal商学院
主持人：于晓宇教授，亿万先生MR治理学院
功夫：2024年11月3日（周日），下午14:00
地址：亿万先生MR校本部东区1号楼治理学院420会议室
主办单元：亿万先生MR治理学院、上海企业创新与高质量发展钻研中心（上海市软科学钻研基地）、中国科学学与科技政策钻研会企业创新与产业政策专委会、上海市行为科学学会、“数字创新治理与治理”沉点创新团队
演讲人简介：
夏军教授任职于德克萨斯大学达拉斯分校Naveen Jindal商学院，目前担任MOR高级主编，AMR、JIBS等期刊编委。夏军教授的钻研集中于组织理论、公司战术、社会网络、国际商务等领域，已在Strategic Management Journal、Academy of Management Journal、Organization Science等国际高水平期刊颁发数十篇钻研成就。
演讲内容简介：
The prevailing literature on political affinity and multinational corporations’ (MNCs’) global operation commonly views political affinity as a protective shield, suggesting that the closer the relationship between the two countries, the greater the protection for MNCs. This perspective, however, is usually limited to the context of MNCs operating under normal conditions. This posits that political affinity may act as a double-edged sword in environmental, social, and governance (ESG) misconduct. While political affinity can provide an “insurance-like effect” by mobilizing home-country stakeholders to shield MNCs overseas, it may simultaneously provoke a “domestic-like penalty,” diminishing their inclination to offer protection and amplifying the reputational penalties for the offending firm. We further propose that shared language and bilateral commercial ties reinforce the domestic-like effects, intensifying the negative side of political affinity on the firm’s reputation. On the contrary, an MNC’s past ESG performance helps maintain domestic stakeholders’ confidence in the firm, intensifying the positive side of political affinity on reputational penalties. Using a sample of 9,153 ESG-violating incidents by 547 U.S. firms in different countries, our study unveils fresh insights into the double-edged sword role of political affinity.
本钻研探求了政治亲和力若何影响跨国公司（MNCs）因在东路国违反环境、社会和治理（ESG）尺度而在母国遭逢的名誉惩治；诮刮ケ忱砺，我们以为，母国与东路国之间的政治亲和力越强，母国利益有关者对公司在海表承担社会责任的进展也越高。因而，当ESG违规产生在政治上亲切的东路国时，母国利益有关者会阐发出更大的绝望感情，从而导致更严沉的名誉惩治。我们还鉴别出三种关键情境成分——违规严沉性、有意性和频仍性——它们通过加剧利益有关者的绝望水平来放大政治亲和力对名誉惩治的影响。通过度析涉及547家总部设在美国的跨国公司和9,153个ESG事务的数据，我们发现实证了局在很大水平上支持了这些如果。
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