【时间】2021年6月3日（周四） 12:00pm – 1:30pm
【Speaker】Jing Wu, Assistant Professor, Department of Decision Sciences and Managerial Economics, the Chinese University of Hong Kong (CUHK) Business School
【Topic】Corporate Social Responsibility in Supply Chain
【Time】Thursday, June 3, 2021, 12:00pm – 1:30pm
【Organizer】Department of Management Science and Engineering
Perception regarding a focal firm’s corporate social responsibility (CSR) depends not only on itself but also on its known suppliers. This paper provides the first empirical evidence linking CSR and supply chain information disclosure together. Specifically, it uncovers robust evidence that firms greenwash their CSR image via voluntarily disclosing environmentally responsible suppliers while concealing “bad” ones. Exogenous variations in abnormal temperatures around the world drive variations in the selective disclosure of “good” suppliers, supporting a causal interpretation of our finding. Supply chain greenwashing is more prevalent for firms who face higher competition, care more about their brand awareness, and for firms that are more profit-driven and held more by institutional investors. The greenwashing behavior mitigates after implementing mandatory CSR disclosure policies. Finally, firms who greenwash supply chains observe increase in sales, but only for the short-term
Prof. Jing Wu is an Assistant Professor in the Department of Decision Sciences and Managerial Economics at the Chinese University of Hong Kong (CUHK) Business School. His main research fields are the operations-finance interface, economic networks, quantitative investment, and machine learning applications. Prior to joining CUHK, he served as an Assistant Professor in the Department of Management Sciences at College of Business, City University of Hong Kong (2016-2019). He also worked as a Quantitative Strategist at Deutsche Bank New York (2015-2016). He received his bachelor degree in Electronic Engineering from Tsinghua and both his MBA and PhD (major in operations, minor in economics & finance) from Chicago Booth.