Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
}
TY - JOUR
T1 - The financial impacts of environmental violations on supply chains: Evidence from an emerging market
AU - Xiong, Y
AU - Lam, H K S
AU - Hu, Q
AU - Yee, R W Y
AU - Blome, Constantin
PY - 2021/7/1
Y1 - 2021/7/1
N2 - Based on 100 environmental violations occurring in China in 2018 and matched supply chain relationship data obtained from Bloomberg, our research shows that environmental violations have negative financial impacts on not only the violators but also their supply chain partners including customers and suppliers. Nevertheless, environmental transparency and supply chain diversity help these supply chain partners mitigate the negative effects arising from the environmental violations. While the mitigating role of environmental transparency is more pronounced for customers than suppliers, supply chain diversity has a similar mitigating effect for both customers and suppliers.
AB - Based on 100 environmental violations occurring in China in 2018 and matched supply chain relationship data obtained from Bloomberg, our research shows that environmental violations have negative financial impacts on not only the violators but also their supply chain partners including customers and suppliers. Nevertheless, environmental transparency and supply chain diversity help these supply chain partners mitigate the negative effects arising from the environmental violations. While the mitigating role of environmental transparency is more pronounced for customers than suppliers, supply chain diversity has a similar mitigating effect for both customers and suppliers.
KW - Emerging market
KW - Environmental transparency
KW - Environmental violation
KW - Market value
KW - Supply chain diversity
U2 - 10.1016/j.tre.2021.102345
DO - 10.1016/j.tre.2021.102345
M3 - Journal article
VL - 151
JO - Transportation Research Part E: Logistics and Transportation Review
JF - Transportation Research Part E: Logistics and Transportation Review
SN - 1366-5545
M1 - 102345
ER -