報告題目:Effects of Recycled Content on Product Quality and ESG News Sentiment: An Empirical Study
時間:2024年7月25日 10:30-12:00
地點:中關(guān)村校區(qū)主樓317
報告人:Abraham Zhang副教授
報告人簡介:
Dr. Abraham Zhang is a Senior Lecturer (Associate Professor) in Supply Chain Management and Technology at the Adam Smith Business School, University of Glasgow, United Kingdom. His research on circular supply chain and sustainability has been internationally ecognised. Hehas over 50 academic publications in internationaljournals including Transportation Research Part B, International Journal of Operations and Production Management, Transportation Research Part E, and International Journal of Production Economics. Heis an Associate Editor of Business Strategy and the Environment. He is also on the Editorial Board of Transportation Research Part E. Recently, he served as the managing guest editor of Transportation Research Part E Special Issue on “Logistics and Supply Chain Management in an Era of Circular Economy". He was the Lead Guest Editor of International Journal of Logistics Management Special Issue on “Empirically grounded research in logistics and supply chain management for a circular economy".
報告內(nèi)容簡介:
Recycling is a popular strategy employed by businesses for transitioning to a circular economy. The European Union and many other economies have set minimum targets for the use of recycled content in some products. The extant literature reports controversies associated with recycling and a negative perception of the quality of affected products. However, to the best of our knowledge, there is no empirical study on the issues based on objective data. This research timely addresses this knowledge gap on the effects of recycled content on product quality and environmental, social and governance (ESG) news sentiment. Secondary data from Bloomberg and PATSTAT are used for testing research hypotheses. We find a negative effect of recycled content on product quality, but green innovation mitigates the problem. Using recycled content has a significant effect on ESG negative news sentiment but not on ESG positive news sentiment. Our results are consistent in multiple robustness tests. The findings imply that policymakers must mind the negative impact of recycling and recycled content in their policy formulation. When using recycled content, businesses must invest in green innovationto ensure product quality, take measures to prevent reputation damage, and provide assurances to consumers to overcome their reluctance to product purchase.