Seminar:A Moving Spotlight Model: Government Sustainability Policy and Firms'Green Actions

Topic:A Moving Spotlight Model: Government Sustainability Policy and Firms'Green Actions

Speaker :Xiyi Yang (Shanghai Tech University, Assistant Professor)

Time :Friday , 4:00-5:30pm , June 23th, 2017




Abstract :

Whereas substantial academic efforts have been devoted to understand how firms respond to the imperatives of sustainable development, there exists many puzzles on why firms’ green actions exhibit intertemporal rapid bursts. Drawing insights from literature politics and economics, this study integrates the political promotion cycle and government rational inattention perspectives to construct a “new way of seeing” to understand fluctuations of firms’ responses to government sustainability policy. We propose a moving spotlight model to capture the dynamics of governments’ attention and its impacts on firms’ actions, and apply it to examine the public firms’ green actions in China. Our preliminary panel estimation results suggest a temporal and spatial dynamic pattern of firms’ green action. Firms conduct less green actions when the central government is evaluating the performance of local officials during their last year of tenure term. In addition, firms locate in more distant regions from Beijing conduct less green activities compared with those in regions closer to Beijing. Our study contributes to the institutional complexity literature by recognizing the dynamics within a single institution, and sheds light on a structural view of institution.


About the speaker:

Xiyi Yang is an assistant professor at the School of Entrepreneurship and Management, ShanghaiTech University. Xiyi received her Ph.D. in Economics from the University of Hong Kong in 2015, and her B.B.A from the Hong Kong Polytechnic University in 2011. Her current research focuses on the development of the Chinese economy, such as the effect of industrial clustering on regional growth and inequality, and firm’s green responses to government sustainability policies, etc. She has also collected information on all the English journal articles published by Chinese authors since 1956, for a series of projects to investigate China’s research and innovation.

[Print] [Top] [Close]