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Does Sunlight Kill Germs? Stock Market Listing and Workplace Safety
Speaker: Rengong Zhang Assistant professor
Time: 16:00-17:30 PM, 28 Oct., 2021
Addr: Room315,Block 3,Wisdom Valley

Bio.

Dr. Rengong Zhang is an assistant professor at The City University of Hong Kong. His research interests are corporate social responsibility, industrial injury, financial accounting, and management accounting.  His research papers have been published in journals such as Journal of Operations Management and Review of Quantitative Finance and Accounting.  Dr. Rengong Zhang teaches the Master of Financial Reporting and undertakes a number of research and teaching projects.  Dr. Rengong Zhang received his Ph. D. degree from the University of Alberta, Canada.  


Abstract

We find that, on average, workplace injuries in publicly-listed firms are lower than those in comparable private firms. This finding is robust to multiple tests designed to mitigate endogeneity concerns regarding a firm’s listing status. Further investigation suggests that the benefit of a public listing for workplace safety relates to heightened monitoring of listed firms by the media and regulators. The listing effect is more pronounced when media coverage is high. We further find that public firms located in counties facing reduced media scrutiny, due to local newspaper closures, experience greater increases in injury rates than local private counterparts after the closures. Regulators also impose more stringent monitoring on public firms, evidenced by a higher likelihood of nonroutine inspections and larger penalties on detected violations. Overall, our study highlights the positive impact of a stock market listing on workplace safety.


Performance Evaluation, Managerial Hedging, and Contract Termination
Speaker: Prof. Nengjiu Ju
Time: 9:30-11:30 AM, 18 Oct., 2021
Addr: Tencent Meeting (ID: 134 747 129)

At the invitation of Associate Prof. of Department of Finance Zhaojun Yang, Prof. Nengjiu Ju from SAIF will give a Lecture on Performance Evaluation, Managerial Hedging, and Contract Termination. All are welcome! Details of the lecture are listed below.

 

Topic: Performance Evaluation, Managerial Hedging, and Contract Termination 

Speaker: Prof. Nengjiu Ju

Time: 9:30-11:30 AM, 18 Oct., 2021


Venue: Tencent Meeting (ID134 747 129)


Overpricing in Municipal Bond Markets and the Unintended Consequences of the Administrative Solution
Speaker: Prof. Laura Xiaolei
Time: 16:30-17:45 PM, 9 Sept., 2021
Addr: Multifunction Room 101 in Student Dormitory 11

At the invitation of head of the Department of Finance Shaun Shuxun Wang, Prof. Laura Xiaolei Liu from Department of Finance,Guanghua School of Management, Peking University will give a Lecture on  Municipal Bond Markets. All are welcome! Details of the lecture are listed below.


Overpricing in Municipal Bond Markets and the Unintended Consequences of the Administrative Solution