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時(shí)間：2025年4月23日 15:00-17:00

地點(diǎn)：中國(guó)人民大學(xué)明德主樓623

演講人：Lex Zhao 趙來(lái)勛（日本神戶大學(xué)教授）

主題：A new role of Confucian culture：promoting corporate resilience from crisis？

簡(jiǎn)介

趙來(lái)勛，日本神戶大學(xué)經(jīng)濟(jì)經(jīng)營(yíng)研究所教授，1993年博士畢業(yè)于Florida大學(xué)，曾任斯坦福大學(xué)訪問學(xué)者。研究領(lǐng)域?yàn)閲?guó)際經(jīng)濟(jì)和中國(guó)經(jīng)濟(jì)，已經(jīng)在Journal of International Economics、Journal of Labor Economics、Journal of Development Economics、Journal of Environmental Economics & Management、 Journal of Urban Economics、European Economic Review、Journal of Industrial Economics、Journal of Economic Dynamics & Control、Journal of Economic Behavior & Organization、Journal of Mathematical Economics等國(guó)際一流或知名經(jīng)濟(jì)學(xué)期刊發(fā)表論文數(shù)十篇。2011年，趙來(lái)勛教授獲得日本國(guó)際經(jīng)濟(jì)學(xué)會(huì)頒發(fā)的小島清獎(jiǎng)，是迄今為止唯一獲此殊榮的非日本人。趙來(lái)勛教授目前擔(dān)任Journal of International Trade & Economic Development聯(lián)合主編，以及Japanese Accounting Review的主編，并擔(dān)任多個(gè)國(guó)際一流期刊的匿名審稿人和多個(gè)研究基金的匿名評(píng)審人，其撰寫的有關(guān)中日關(guān)系時(shí)政評(píng)論文章曾多次發(fā)表在《南華早報(bào)》和《新京報(bào)》，他的作品被《大公報(bào)》《歐洲時(shí)報(bào)》《參考消息》《共識(shí)網(wǎng)》等知名國(guó)際媒體多次轉(zhuǎn)載。

摘要

Although Confucian culture (CC) due to its conservative nature may hinder risk-taking behavior such as starting a business or innovation, it could help business recovery from crisis such as earthquakes or pandemics. Using unique big data from China, we conduct a series of identification strategies to document that CC causally promotes firm corporate resilience amid crises (measured by stock prices). Causal mediation analysis shows that this is achieved by facilitating the firm’s internal-control practices and intensity, such as compliance with rules and operational continuity; in contrast, moderation effect estimates indicate that external-control proxies such as institutional shareholdings and auditing causally weaken the promotional effect of interest, thus indirectly confirming the effectiveness of internal control.