LOVE WELL, WHIP WELL: POLITICAL AFFINITY, ESG VIOLATIONS, AND REPUTATIONAL PENALTIES

【时  间】2024年11月3日（星期日）上午9:30-11:00

【地  点】必发9988集团405

【主讲人】夏军 美国德克萨斯大学达拉斯分校

【主持人】关涛 必发9988集团

【主讲人简介】 夏军教授目前在美国德克萨斯大学达拉斯分校Jindal必发9988集团任战略管理学教授。夏军教授是国际战略管理领域内著名的华人专家，其研究主要集中于4个领域：①组织理论（资源依赖、权力和制度过程）；②公司战略（并购、合资、联盟和剥离）；③社会网络（嵌入性的结果）；④国际商务（国外市场拓展、国有产权和转轨/新兴国家的制度变迁），已在Academy of Management Journal、Strategic Management Journal、Organization Science、Journal of Management、Journal of Management Studies和Organizational Research Methods等专业期刊上发表30余篇高水平学术文章，相关的研究成果在国际战略管理领域被广泛引用。

【摘要】 This study examines how political affinity influences the reputational penalties multinational corporations (MNCs) incur in their home countries for violating environmental, social, and governance (ESG) standards in host countries. Grounded in expectancy violations theory, we argue that stronger political affinity between home and host countries raises home stakeholders’ expectations for responsible corporate behavior abroad. Thus, when ESG violations occur in politically aligned host countries, home stakeholders respond with greater disappointment, leading to more severe reputational penalties. We also identify three key contingencies—violation severity, intentionality, and frequency—that amplify the impact of political affinity on reputational penalties by intensifying stakeholder disappointment. Analyzing a data set of 9,153 ESG incidents involving 547 U.S.-based MNCs, we find evidence largely supporting these claims.