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2023年第12期学术例会预告

发布日期:2023-05-24   来源:英国威廉希尔公司    浏览次数:
时间 2023年05月25日 14:30 地点 2023年05月25日 14:30

地点:邵逸夫科学馆东二层第六会议室

学术交流信息如下:

主讲人一李增刚

题目:为什么说贝卡里亚是法经济学的先驱?

摘要:意大利学者贝卡里亚既是经济学家又是法学家。其成名作《论犯罪与刑罚》在法学界和刑法学界具有非常重要的影响。这部著作也包含着许多重要的经济学思想,特别是政治经济学思想,重点是从政治经济学的角度论述法律和刑罚的起源、惩罚的限度等。本文从六个方面阐释了贝卡里亚的法经济学思想。一是从社会契约论解释刑罚的起源;二是对犯罪动因的解释,特定环境下的趋利避害;三是刑罚的程度以预防犯罪为限度;四是刑罚的必要性、及时性和确定性;五是量刑的依据:犯罪的社会成本;六是对刑讯和死刑等具体问题的分析;并结合现代法经济学理论的发展阐明了贝卡里亚的思想的影响。

主讲人二:William Mbanyele

题目:Climate regulatory risk and firm commitment : Evidence from the US states-level climate mitigation plans

摘要:While the US at the national level has been slow to implement climate change mitigation initiatives, such as nationwide carbon taxes and cap-and-trade schemes, compared to European countries, some local governments have begun implementing mitigation and adaptation initiatives to reduce climate change risk. In this study, we examine how firms respond to climate regulatory risk imposed by these climate-related regulations. We specifically, investigate how the finalization of state-led climate change mitigation and adaptation plans in the US influences firms’ operating and non-financial reporting strategies. We observe that firms consider climate regulatory risk a serious issue and allocate more resources towards clean technologies and away from dirty technologies to mitigate climate change risk. Additionally, firms voluntarily disclose more information to the Disclosure Insight Action (CDP) detailing how they are managing their climate risks and opportunities - updating stakeholders on their commitment to solve climate change problems. Our findings suggest firms do not merely greenwash by cheap talking—firms disclose more climate risk-related information and produce climate mitigation and adaptation technologies. Moreover, as the climate regulatory risk increases, we find that firms strategically allocate more resources towards highly risky and impactful innovation activities, thus devoting more resources to exploratory (breakthrough) innovations and leaning less on exploitative (known existing) innovations. We also observe that short term pressure to meet immediate gains weakens the impact of climate mitigation plans. In sum, we find that firms quickly update their climate mitigating strategies if regulators demonstrate their resolve to mitigate climate risk.