讲座主题：
（1）Using governance tools to gain trust in cross-border M&As
（2）The imprinting effect of early-life experience on corporate behaviors
演讲嘉宾：俞琳 副教授（浙江财经大学）
讲座时间：2025年3月19日14:40-15:40
讲座地点：东海岸校区行政楼328会议室
讲座简介：
（1）Using governance tools to gain trust in cross-border M&As
Firms from emerging markets tend to face liability of origin when they conduct cross-border mergers and acquisitions (M&As). Based on a sample of Chinese listed firms, we find that the FIDs have a positive impact on the likelihood of achieving cross-border M&As. Our mechanism tests show that FIDs could indeed facilitate firms' cross-border M&As through enhancing corporate governance practices as reflected by the adoption of Big 4 auditors and lower analyst forecasting errors. Moreover, the positive impact of FIDs is stronger for firms with higher state ownership, but weaker for firms with higher foreign ownership.
（2）The imprinting effect of early-life experience on corporate behaviors
This study investigates the influence of board chairs’ early-life famine experiences on firms’ ESG performance. Using China’s Great Famine (1959-1961) context, we find that board chairs reduce corporate ESG engagement if ever experienced the famine during childhood and adolescence. The firms’ ESG performance decreases with the famine severity of the chairs’ birthplace. Consistent with the imprinting theory, this adverse impact of famine experience is mitigated when board chairs left their birthplace. We further show that the negative relationship between board chairs’ famine experience and firms’ ESG performance is more pronounced when the economic policy uncertainty is high or if the firm is not state-owned. These results are consistent with our conjecture that severe famine experience leave “risk aversion” and “political apathy” imprints on the board chairs, leading them less willing to invest in ESG.
嘉宾简介：
俞琳，浙江财经大学会计学院副教授，金融学博士，硕士生导师，宁诺-浙财联培博士生导师，持有澳洲CPA和中国法律职业资格证书。2016年获得英国诺丁汉大学金融学博士学位，随后加入浙江财经大学，任国际会计系教师。从事资本市场投资、公司治理与行为金融的相关研究。已在Journal of World Business (IB top 2), Pacific-Basin Finance Journal, International Review of Economics & Finance等国际知名学术刊物上发表论文多篇。主持教育部人文社会科学研究项目等科研项目3项，主持省级一流课程等教改项目3项。担任多个国际学术会议组委会成员，多本学术期刊匿名审稿人。
讲座主题：绿色信贷业务对企业漂绿行为是否具有甄别效应？
演讲嘉宾：林娴 博士（厦门大学）
讲座时间：2025年3月19日15:40-16:40
讲座地点：东海岸校区行政楼328会议室
讲座简介：
基于我国绿色信贷的政策背景，本文搜集并整理2008—2022年A股上市公司绿色信贷的相关信息，研究银行绿色信贷业务对企业漂绿行为是否具有甄别效应。研究发现：银行绿色信贷业务整体上可能发挥甄别企业漂绿行为的作用。异质性分析表明，在颁布绿色信贷贴息政策、环境监管水平较强或媒体关注度较高的情况下，绿色信贷业务对企业漂绿行为的甄别效应更为显著。进一步研究发现，银行绿色信贷业务对企业漂绿行为的甄别效应主要通过考察企业是否具有实质性环保投资以及绿色创新得以实现。此外，银行绿色信贷业务能够规范信贷市场并防范漂绿企业骗取贷款的行为，提高企业环境合法性，进而显著提升企业的环境绩效。本研究有助于银行业等金融机构认识到完善绿色信贷专业化管理的重要性，为确保绿色信贷政策的精准实施和持续发展提供新的决策参考。
嘉宾简介：
林娴，厦门大学管理学院在读博士生，已获得中国注册会计师、美国注册管理会计师资格证书，已在《统计研究》《中国工业经济》《财会月刊》等期刊上发表多篇学术论文，并参与国家自然科学基金项目2项。
欢迎全校师生参加。
（注：此次活动可计入本年度的继续教育学时）
