“Environmental Violations in China: Descriptive, Predictive, and Prescriptive analysis” by Prof. Christopher S. Tang
Professor Christopher S. Tang
University Distinguished Professor
UCLA Anderson School of Management
Air and water pollution in China has created public concern. In this talk, we discuss our empirical findings about the short-term and long-term implications of Chinese manufacturers who violated environmental regulations. Also, we present a model that can enable Chinese government to use publicly available data to predict which firm is more likely to violate regulations in the future.
*This talk is based on two research papers: 1. Chris KY Lo, Christopher S Tang, Yi Zhou, Andy CL Yeung, Di Fan, 2018. Environmental Incidents and the Market Value of Firms: An Empirical Investigation in the Chinese Context, M&SOM; and 2. Chris KY Lo, Christopher S Tang, Yi Zhou, 2018. Environmental Violations in China: Evaluating Their Long-term Impact and Predicting Future Violations, Working Paper, UCLA.