The China Trade Shock and the ESG Performances of US firms

@article{Xu2022TheCT,
  title={The China Trade Shock and the ESG Performances of US firms},
  author={Hui Xu and Yuehua Wu},
  journal={SSRN Electronic Journal},
  year={2022}
}
  • Hui XuYuehua Wu
  • Published 28 January 2022
  • Business, Economics
  • SSRN Electronic Journal
How does import competition from China affect engagement on ESG initiatives by US corporates? On the one hand, reduced profitability due to import competition and lagging ESG performance of Chinese exporters can disincentivize US firms to put more resources to ESG initiatives. On the other hand, the shift from labor-intensive production to capital/technologyintensive production along with offshoring may improve the US company’s ESG performance. Moreover, US companies have incentives to actively… 

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