我院博士生齐彤参加Globalization and Environment: The Role of China国际研讨会

发布者:王开发布时间:2020-12-17浏览次数:106

2020.11.7-11.8,我院博士生齐彤参加由复旦大学世界经济研究所,Journal of Economic Surveys主办的Globalization and Environment: The Role of China国际研讨会,并在会上汇报论文:

Valuation Effects of the U.S.-China Trade War: The Effects of Foreign Managers and Foreign Exposure

论文摘要:

With an event study approach, this study examines the valuation effects of the U.S.-China trade war. It is found that Chinese listed firms with American managers record lower announcement returns than their counterparts. The negative effect is more pronounced for firms exporting to the U.S. market, while other foreign exposures, such as exports to other countries, overseas direct investments and foreign shareholders, mitigate the negative effects of American managers.