Matches in SemOpenAlex for { <https://semopenalex.org/work/W3136010773> ?p ?o ?g. }
- W3136010773 endingPage "12" @default.
- W3136010773 startingPage "1" @default.
- W3136010773 abstract "Product-harm crises can trigger product recalls or product discards, which is very likely to cause secondary pollution to the environment. Also, these crises may harm customers’ health and threaten firms’ survival. To foster low-carbon economy and green development in such complex systems, this paper studies the internal mechanism of the product crisis and its impact on the firm value. It proposes a two-stage model to avoid the endogeneity of product-harm crises. In the first stage, this paper assesses the effect of firms’ leverage on their capacity to produce higher quality products. In the second stage, this paper conducts the impact of these crises on stock prices. Then, it depicts the financial effects of product-harm crises over time, and analyzes the differences of such effects based on brand equity. Results show that book leverage can positively impact firms’ capacity to produce high-quality products. In addition, the market’s response to product-harm crises is significant at 1% level, and with the increase in severity, the market reaction is more prominent. Furthermore, its negative effect is persistent for a firm experiencing a severe crisis. Luckily, brand equity can mitigate this negative impact. These findings provide some ways to improve product performance and firm value in the green context." @default.
- W3136010773 created "2021-03-29" @default.
- W3136010773 creator A5032323478 @default.
- W3136010773 creator A5043713483 @default.
- W3136010773 creator A5065167128 @default.
- W3136010773 date "2021-03-12" @default.
- W3136010773 modified "2023-10-15" @default.
- W3136010773 title "The Effect of Product-Harm Crises on the Financial Value of Firms under the Concept of Green Development" @default.
- W3136010773 cites W1791522095 @default.
- W3136010773 cites W1838289484 @default.
- W3136010773 cites W1970517215 @default.
- W3136010773 cites W1977531675 @default.
- W3136010773 cites W1985197914 @default.
- W3136010773 cites W1985884414 @default.
- W3136010773 cites W1995060057 @default.
- W3136010773 cites W2000882650 @default.
- W3136010773 cites W2004042010 @default.
- W3136010773 cites W2009210884 @default.
- W3136010773 cites W2013558427 @default.
- W3136010773 cites W2017164010 @default.
- W3136010773 cites W2020053393 @default.
- W3136010773 cites W2031464770 @default.
- W3136010773 cites W2031892005 @default.
- W3136010773 cites W2033910434 @default.
- W3136010773 cites W2038153733 @default.
- W3136010773 cites W2052651272 @default.
- W3136010773 cites W2052734753 @default.
- W3136010773 cites W2079809684 @default.
- W3136010773 cites W2081430061 @default.
- W3136010773 cites W2083259237 @default.
- W3136010773 cites W2089014577 @default.
- W3136010773 cites W2095072729 @default.
- W3136010773 cites W2110405866 @default.
- W3136010773 cites W2114605393 @default.
- W3136010773 cites W211602622 @default.
- W3136010773 cites W2124507497 @default.
- W3136010773 cites W2132784458 @default.
- W3136010773 cites W2146703087 @default.
- W3136010773 cites W2151306296 @default.
- W3136010773 cites W2177174363 @default.
- W3136010773 cites W2190437773 @default.
- W3136010773 cites W2259986932 @default.
- W3136010773 cites W2302023620 @default.
- W3136010773 cites W2530404517 @default.
- W3136010773 cites W2735532137 @default.
- W3136010773 cites W2742896955 @default.
- W3136010773 cites W2766489727 @default.
- W3136010773 cites W2797785169 @default.
- W3136010773 cites W2899345859 @default.
- W3136010773 cites W2899506580 @default.
- W3136010773 cites W2900423065 @default.
- W3136010773 cites W2946968595 @default.
- W3136010773 cites W2955097693 @default.
- W3136010773 cites W2966860299 @default.
- W3136010773 cites W2999341168 @default.
- W3136010773 cites W3011865677 @default.
- W3136010773 cites W3022335013 @default.
- W3136010773 cites W3086452535 @default.
- W3136010773 cites W3121175527 @default.
- W3136010773 cites W3126116587 @default.
- W3136010773 cites W4233812973 @default.
- W3136010773 cites W4237239309 @default.
- W3136010773 cites W570226433 @default.
- W3136010773 doi "https://doi.org/10.1155/2021/6670242" @default.
- W3136010773 hasPublicationYear "2021" @default.
- W3136010773 type Work @default.
- W3136010773 sameAs 3136010773 @default.
- W3136010773 citedByCount "1" @default.
- W3136010773 countsByYear W31360107732022 @default.
- W3136010773 crossrefType "journal-article" @default.
- W3136010773 hasAuthorship W3136010773A5032323478 @default.
- W3136010773 hasAuthorship W3136010773A5043713483 @default.
- W3136010773 hasAuthorship W3136010773A5065167128 @default.
- W3136010773 hasBestOaLocation W31360107731 @default.
- W3136010773 hasConcept C119857082 @default.
- W3136010773 hasConcept C144133560 @default.
- W3136010773 hasConcept C149782125 @default.
- W3136010773 hasConcept C153083717 @default.
- W3136010773 hasConcept C162324750 @default.
- W3136010773 hasConcept C162853370 @default.
- W3136010773 hasConcept C17744445 @default.
- W3136010773 hasConcept C19351080 @default.
- W3136010773 hasConcept C199539241 @default.
- W3136010773 hasConcept C199728807 @default.
- W3136010773 hasConcept C2524010 @default.
- W3136010773 hasConcept C2777363581 @default.
- W3136010773 hasConcept C33923547 @default.
- W3136010773 hasConcept C41008148 @default.
- W3136010773 hasConcept C610760 @default.
- W3136010773 hasConcept C90673727 @default.
- W3136010773 hasConceptScore W3136010773C119857082 @default.
- W3136010773 hasConceptScore W3136010773C144133560 @default.
- W3136010773 hasConceptScore W3136010773C149782125 @default.
- W3136010773 hasConceptScore W3136010773C153083717 @default.
- W3136010773 hasConceptScore W3136010773C162324750 @default.
- W3136010773 hasConceptScore W3136010773C162853370 @default.
- W3136010773 hasConceptScore W3136010773C17744445 @default.
- W3136010773 hasConceptScore W3136010773C19351080 @default.