[{"id":20904,"title":"ESG Shocks in Global Supply Chains","permalink":"https:\/\/bschool.nus.edu.sg\/biz-events\/event\/esg-shocks-in-global-supply-chains-2\/","category":"Seminars and talks","event_dept":{"value":"analytics-operations","label":"Analytics & Operations"},"event_sec_dept":false,"event_details":{"event_start_date":"22 August 2025","event_end_date":"22 August 2025","event_start_time":"10:00 am","event_end_time":"11:30 am","event_dress_code":"NA"},"event_loc":{"eve_address_selection":"7","eve_location_1":{"eve_org":"NUS Business School","eve_build":"Mochtar Riady Building","eve_room":"3-2","eve_add":"15 Kent Ridge Drive","eve_count":"Singapore","eve_copos":119245,"eve_map_url":"https:\/\/goo.gl\/maps\/Q1kyjwxHNE22"},"eve_location_2":{"eve_org":"Shaw Foundation Alumni House","eve_build":"","eve_room":"Clove and Lemongrass Room Level 2","eve_add":"11 Kent Ridge Drive","eve_count":"Singapore","eve_copos":119244,"eve_map_url":"https:\/\/goo.gl\/maps\/docgThkDWFxKdb9c7"},"eve_location_3":{"eve_org":"Hon Sui Sen Memorial Library Auditorium","eve_build":"","eve_room":"","eve_add":"1 Hon Sui Sen Drive","eve_count":"Singapore","eve_copos":117588,"eve_map_url":"https:\/\/goo.gl\/maps\/NJjWK4RMpC92"},"eve_location_4":{"eve_org":"NUSS Kent Ridge Guild House","eve_build":"","eve_room":"Dalvey Room","eve_add":"9 Kent Ridge Drive","eve_count":"Singapore","eve_copos":119241,"eve_map_url":"https:\/\/goo.gl\/maps\/nXn2Luh96pH2"},"eve_location_5":{"eve_org":"Institute of Data Science","eve_build":"Innovation 4.0","eve_room":"1-3","eve_add":"3 Research Link","eve_count":"Singapore","eve_copos":117602,"eve_map_url":"https:\/\/goo.gl\/maps\/i1xocvvDh27QUXem7"},"eve_location_6":{"eve_org":"","eve_build":"","eve_room":"","eve_add":"","eve_count":"","eve_copos":"","eve_map_url":""},"eve_location_7":"HSS 4-7"},"event_introduction":"","event_short_intro":"","event_topic":null,"event_banner":false,"event_external_url":"","event_registration_details":{"event_registration_form":false,"event_registration_message":"","event_registration_deadline":null,"eve_registration_url":"","event_form":"","event_registration_ack":""},"event_speaker":[{"event_speaker_name":"Alminas Zaldokas","event_speaker_designation":"Associate Professor","event_speaker_affiliation":"Department of Finance, NUS Business School","event_speaker_picture":false,"event_speaker_url":"","event_speaker_introduction":"

Alminas \u017daldokas is currently an Associate Professor in Finance at the National University of Singapore (NUS). Prior to this appointment, Alminas \u017daldokas has been teaching at the Hong Kong University of Science and Technology (HKUST) since 2012 with the primary focus on corporate finance and corporate valuation. Apart from the undergraduate and MSc courses, he was teaching in the HKUST-NYU MSc in Global Finance, HKUST bilingual EMBA, and Kellogg-HKUST EMBA programmes. He has also previously taught corporate valuation for the MBAs at the University of Texas in Austin McCombs School of Business in 2017\/8 academic year.<\/p>\n

Professor \u017daldokas received his PhD in Finance at INSEAD in 2012. His previous academic degrees include MSc in Finance and Economics from London School of Economics and BSc in Business and Economics from Stockholm School of Economics in Riga.<\/p>\n

Professor \u017daldokas\u2019s research focuses on the interaction between firm decisions in the financial and in the product markets. In particular, he studies corporate finance decisions that relate to the firm investment in innovation, the formation of collusive arrangements between firms, and the facilitation of ESG practices. This research has been published in top academic journals such as Journal of Financial Economics, Review of Financial Studies, Journal of Accounting Research, Management Science, RAND Journal of Economics, Journal of International Economics, and Journal of Financial Intermediation.<\/p>\n"}],"event_agenda":false,"event_photo_gallery":false,"event_presentations":false,"event_custom_heading":[{"event_custom_title":"Abstract","event_custom_details":"

We show that U.S. firms cut imports by 31.8% when their international suppliers experience environmental and social (E&S) incidents. These trade cuts are larger for publicly listed U.S. importers facing high E&S investor pressure and lead to crosscountry supplier reallocation, suggesting that E&S preferences in capital markets can be privately costly but have real effects for foreign suppliers. Larger trade cuts around the incident result in better supplier E&S performance in subsequent years, and in the eventual resumption of trade. Our results highlight the role of investors in ensuring suppliers\u2019 E&S compliance along global supply chains.<\/p>\n"}],"event_enquiry_details":{"event_enq_full_name":"","event_enq_department":"","event_enq_email":"","event_enq_telephone":"","event_enq_website":""}}]