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作者：Bendoly, Elliot; Tang, Christopher S.
作者单位：University System of Ohio; Ohio State University; University of California System; University of California Los Angeles
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作者：Lu, Tong; Sivaramakrishnan, Konduru; Wang, Yanyan; Yu, Lisheng
作者单位：University of Houston System; University of Houston; Rice University; Xiamen University
摘要：We investigate the real effects of corporate social responsibility (CSR) reporting regulation enacted in China in 2008 covering both state-owned enterprises (SOEs) and non-state-owned enterprises (NSOEs). As the CSR reporting requirement applies only to select firms, the regulation presents a unique setting that provides us with a suitable control sample of firms not subject to the regulation. Using a difference-in-differences approach, we document that relative to firms that are not affected ...
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作者：Leung, Woon Sau; Sun, Jiong
作者单位：University of Edinburgh; Purdue University System; Purdue University
摘要：Using data involving customer-supplier relationships and a large sample of US publicly listed firms, our study documents a negative and statistically significant relationship between economic policy uncertainty and firms' customer-base concentration. The negative relation is predominant in firms with higher inventory efficiency and those operating in competitive, high-R&D, and nondurable industries. Customer-base diversification is further shown to enhance firm performance during periods of in...
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作者：Qiu, Liangfei; Hong, Yili (Kevin); Whinston, Andrew
作者单位：State University System of Florida; University of Florida; University of Houston System; University of Houston; University of Texas System; University of Texas Austin
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作者：Zhang, Jiahua; Qi, Lian; Tong, Shilu
作者单位：Dongbei University of Finance & Economics; Rutgers University System; Rutgers University New Brunswick; The Chinese University of Hong Kong, Shenzhen; Shenzhen Research Institute of Big Data
摘要：We investigate a dynamic contracting problem in a supply chain with a manufacturer selling a seasonal product through a retailer over two periods. In period 1, which is before the selling season, neither firm knows the demand information. The manufacturer runs on the regular production mode with low production cost but long lead time. In period 2, which refers to the selling season, only the retailer can update the demand information, so information asymmetry exists in the supply chain. The ma...
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作者：Wei, Xiahua; Fan, Ming; You, Weijia; Tan, Yong
作者单位：University of Washington; University of Washington Bothell; University of Washington; University of Washington Seattle; Beijing Forestry University
摘要：This study investigates the dynamic and differential effects of prefunding on reward-based crowdfunding markets plagued by information asymmetry. Prefunding, an innovative feature in crowdfunding, enables founders to share project information with potential backers before fundraising begins. By collecting and analyzing daily project-level panel data from one of the world's largest crowdfunding platforms, we found that projects with the prefunding feature were more likely to succeed in reaching...
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作者：Wei, Zaiyan; Xiao, Mo; Rong, Rong
作者单位：Purdue University System; Purdue University; University of Arizona; University of Massachusetts System; University of Massachusetts Amherst
摘要：Social media has been increasingly integrated into firm operations. Past literature documented the operational value of the content generated by social media users but paid little attention to the users' incentives to generate and share content. We fill in the gap by linking a user's social network to her content contribution. Specifically, we distinguish the role of the followee network (the group of people being followed by the user) from the role of the follower network. When a user follows...
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作者：Ghamat, Salar; Zaric, Gregory S.; Pun, Hubert
作者单位：Wilfrid Laurier University; Western University (University of Western Ontario)
摘要：We study gain-sharing agreements in a target price-minimum quality payment system. Our work is inspired by the Centers for Medicare and Medicaid Services' (CMS) Comprehensive Care for Joint Replacement (CJR) bundled payment model. In our model, patients receive care from a hospital and a post-acute care provider. A third-party payer establishes target levels for total billing by the hospital and provider, and a target on the overall quality of care. The hospital and provider receive fee-for-se...
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作者：Fu, Ke; Gong, Xiting; Hsu, Vernon N.; Xue, Jiye
作者单位：Sun Yat Sen University; Chinese University of Hong Kong
摘要：This study considers a stochastic inventory management problem where a capital-constrained firm can obtain additional working capital through inventory-based financing (IBF) by pledging its inventory to obtain loans from a lender. We show that the firm's optimal inventory policy in each period may order new inventory up to a state-dependent order-up-to level subject to the firm's capital and IBF loan constraints, or salvage existing inventory down to a state-dependent salvage-down-to level. We...
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作者：Fayezi, Sajad; Benstead, Amy; Gold, Stefan; Klassen, Robert; Van Wassenhove, Luk
作者单位：Memorial University Newfoundland; University of Manchester; Universitat Kassel; Western University (University of Western Ontario); INSEAD Business School
