Article
Green & Sustainable Science & Technology
Luc Meunier, Sima Ohadi
Summary: Individuals have misconceptions about socially responsible investment, which hinder its development. Education and nudges are needed to promote SRI.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Business, Finance
Rui Dai, Hao Liang, Lilian Ng
Summary: Corporate customers have a unilateral effect on suppliers' CSR and influence them through positive assortative matching and decision-making processes. Enhanced collaborative CSR efforts improve operational efficiency and firm valuation for both customers and suppliers, but only increase customers' future sales growth.
JOURNAL OF FINANCIAL ECONOMICS
(2021)
Article
Business, Finance
Gregor Dorfleitner, Christian Kreuzer, Ralf Laschinger
Summary: Based on a dataset of over 400 fund compositions in the years 2003-2018, this paper analyzes the persistence of controversies scores and ESG scores in socially responsible US mutual funds. It becomes apparent that higher-paid managers achieve better results regarding controversies scoring but worse results regarding ESG scoring, compared to lower-paid managers.
FINANCE RESEARCH LETTERS
(2021)
Article
Operations Research & Management Science
Nilanjan Dutta, Arshinder Kaur
Summary: This article presents a decision-making model that helps risk-neutral firms provide advance payment contracts to credit-constrained small farmers. The model takes into account the behavioral characteristics of decision-biased farmers and determines the limits on the firm's production quantity and profitability by analyzing their commitment quantities. By using two different strategies, the optimal timing for paying the advances is determined, which can increase both the utilities of the farmers and the profits of the company.
ANNALS OF OPERATIONS RESEARCH
(2023)
Article
Public, Environmental & Occupational Health
Wenzhong Zhu, Jiajia Yang, Han Lv, Meier Zhuang
Summary: This study finds a positive relationship between global pandemic uncertainty and socially responsible investments, indicating that the higher the level of pandemic uncertainty, the greater the socially responsible investments.
FRONTIERS IN PUBLIC HEALTH
(2021)
Article
Green & Sustainable Science & Technology
Maria Luisa Rios-Rodriguez, Jose Maria Salgado-Cacho, Pilar Moreno-Jimenez
Summary: This study explores the factors related to socially responsible consumption and finds that socio-demographic factors, consumer behavior types, perceived efficacy, affective commitment, and materialism play a significant role in influencing socially responsible consumption. Specifically, the purchase behavior is most influenced by affective commitment and perceived efficacy, while materialism affects firm behavior and consumption volume.
Article
Business
Pu-yan Nie, Zi-rui Chen, Chan Wang
Summary: Through the duopoly model, this article develops the theory of patent pricing, showing that the price of a patent is related to the firm's marginal costs and increases consumer surplus. In a Stackelberg situation, firms with higher marginal costs will price patents higher compared to Cournot cases.
JOURNAL OF RETAILING AND CONSUMER SERVICES
(2021)
Article
Engineering, Manufacturing
Nur Sunar, Jayashankar M. Swaminathan
Summary: Research shows that many parts of the world are facing extreme weather events, energy poverty, food insecurity, and lack of access to basic healthcare, with growing concerns over socioeconomic, gender, and racial inequalities. Operations management can be a means to improve these issues, and future research should focus on innovative business models and disruptive technologies.
PRODUCTION AND OPERATIONS MANAGEMENT
(2022)
Article
Management
Deepak Ram Asokan, Fahian Anisul Huq, Christopher M. Smith, Mark Stevenson
Summary: This paper explores the adoption of Industry 4.0 technologies to enhance socially responsible operations performance. It identifies seven technologies that can bring transformational capabilities to SROP and highlights the importance of incorporating social responsibility into operations and supply chains using technology.
INTERNATIONAL JOURNAL OF OPERATIONS & PRODUCTION MANAGEMENT
(2022)
Article
Business
Danny Miller, Zhenyang Tang, Xiaowei Xu, Isabelle Le Breton-Miller
Summary: The study finds a close relationship between corporate social responsibility behavior and individual social behavior, especially during the pandemic. Higher levels of corporate social responsibility behavior are positively correlated with residents' higher engagement in social distancing measures.
JOURNAL OF BUSINESS ETHICS
(2022)
Article
Economics
Lorenzo Magnolfi, Daniel Quint, Christopher Sullivan, Sarah Waldfogel
Summary: In a differentiated products setting with unobserved costs, the Cournot model attributes a larger proportion of prices to markups compared to the Bertrand-Nash model, resulting in lower estimates of marginal costs.
Article
Biochemical Research Methods
Alon Zivony, Rasha Kardosh, Liadh Timmins, Niv Reggev
Summary: Historically, guidelines for scientific studies have focused on minimizing risk for participants. However, studies can harm individuals and social groups indirectly through their design, reporting, and dissemination. Recent criticisms and retractions of high-profile studies highlight a lack of resources and guidance on conducting socially responsible research, leading motivated researchers to unknowingly publish work with negative social impacts. To address this, we propose 10 rules to help researchers reflect on their social responsibility and actively consider the potential social impact of their work throughout the study lifecycle.
PLOS COMPUTATIONAL BIOLOGY
(2023)
Article
Business, Finance
Xiaowei Lin, Ao Li, Yonghao Xu, Zijun Ding
Summary: We examine the impact of internal whistleblowing on firms' CSR performance and find that it has a significantly positive effect. To overcome endogeneity issues, we employ instrumental variable regression and propensity score matching methods. Moreover, we find that the effect is more pronounced in firms with fewer financial constraints or higher profitability, less institutional shareholding and analyst following, and located in provinces with a stronger cultural emphasis on egalitarianism and humanism. We also provide evidence that the positive effect extends to firms' profits and market value, particularly in socially responsible firms. This study contributes to the literature on the relationship between employee monitoring and firms' CSR performance.
INTERNATIONAL REVIEW OF ECONOMICS & FINANCE
(2023)
Article
Green & Sustainable Science & Technology
Remigijus Civinskas, Rimantas Stasys, Asta Panceroviene, Ausra Anuziene
Summary: This research examines the establishment and development of social cooperatives in socially unsustainable contexts. Using a qualitative approach, a Lithuanian case study is conducted to explore the challenges and opportunities faced by these cooperatives. The findings reveal a weak cooperative movement, a socially unsustainable environment, and limited understanding among professionals hindering the leveraging of social cooperatives in Lithuania. The study also highlights the need for better support and understanding of cooperative companies' organization and finances.
Article
Business, Finance
Fernando Munoz
Summary: The research found that the exposure of SR funds to carbon-intensive black industries has decreased over time, with excessive exposure to fossil fuel and metal industries negatively impacting the funds' financial performance. Additionally, SR funds managed by firms located in Republican-leaning states and states with high CO2 emissions per capita are more exposed to carbon-intensive industries, while SR funds marketed under low-carbon labels perform better by being less exposed to fossil fuel and metal industries.
INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS
(2021)
Article
Management
Junjie Zhou, Xiaoshuai Fan, Ying-Ju Chen, Christopher S. Tang
Summary: This paper examines the dissemination of market information to farmers in developing countries and finds that providing information to all farmers may not always benefit them. The optimal information provision policy depends on the competition type, yield uncertainty, source of funding, and the social planner's ultimate goal.
M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT
(2021)
Article
Engineering, Manufacturing
Xiaoshuai Fan, Ying-Ju Chen, Christopher S. Tang
Summary: The study suggests that it is advantageous for a large manufacturer to refuse to pay bribes in a procurement auction, as it can still benefit from the corrupted situation. Even when disadvantaged for not bribing, the positive force derived from the right of first refusal may outweigh the information disadvantage, allowing the large manufacturer to maintain an advantage in the competition.
PRODUCTION AND OPERATIONS MANAGEMENT
(2021)
Article
Engineering, Industrial
ManMohan S. Sodhi, Christopher S. Tang, Evan T. Willenson
Summary: The COVID-19 pandemic has put the supply chains for medically critical items and common household goods to the test, particularly in terms of severe shortages of personal protective equipment (PPE) and ventilators in the United States. These shortages have revealed vulnerabilities in the supply chains of essential products during times of crisis, leading to public pressure on corporations to reconsider their supply chains. Drawing from lessons learned during the pandemic, this paper proposes a research agenda and opportunities to develop responsive supply chains to combat future pandemics and major public health emergencies.
INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH
(2023)
Article
Management
Prashant Chintapalli, Christopher S. Tang
Summary: This paper examines the implications of credit-based MSPs in a more general setting, involving two types of farmers and two types of crops. The study finds that strategic farmers can counteract the decisions of myopic farmers and that credit-based MSPs are more effective when the market is dominated by myopic farmers. Additionally, offering MSPs to complementary crops can result in a higher surplus.
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
(2022)
Article
Engineering, Manufacturing
Prashant Chintapalli, Christopher S. Tang
Summary: Many developing countries use minimum support price (MSP) as an alternative subsidy scheme to safeguard farmers' incomes and ensure sufficient crop production. Both MSP and cost subsidy can increase production and improve consumer surplus, but cost subsidy may decrease farmer's surplus unexpectedly.
PRODUCTION AND OPERATIONS MANAGEMENT
(2022)
Article
Business
Tinglong Dai, Christopher Tang
Summary: The COVID-19 pandemic has highlighted the critical role of supply chains in delivering economic, human, and societal value, while also increasing interest in ESG issues among businesses, governments, and academics. In the globalized economy, ESG measures must encompass a firm's end-to-end operations across its entire supply chain, with well-calibrated ESG measures playing a key role in guiding day-to-day supply chain management practices.
Article
Management
Wenzheng Mao, Liu Ming, Ying Rong, Christopher S. Tang, Huan Zheng
Summary: This paper discusses the operations of on-demand meal delivery platforms and suggests using empirical research to improve their performance. It provides a unique dataset from a meal delivery platform in China and reviews recent studies on meal delivery platforms, offering research opportunities for enhancing delivery performance.
M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT
(2022)
Article
Management
Wei Miao, Yiting Deng, Wei Wang, Yongdong Liu, Christopher S. Tang
Summary: This study examines the causal effects of surge pricing on driver earnings and labor supply in the ride-sharing industry. The findings show that surge pricing leads to an increase in drivers' weekly revenue, but a decrease in their daily revenue. Additionally, surge pricing attracts more part-time drivers into the market and displaces full-time drivers.
JOURNAL OF OPERATIONS MANAGEMENT
(2023)
Editorial Material
Management
Serguei Netessine, Christopher Tang, Michael Toffel
M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT
(2022)
Article
Engineering, Manufacturing
Li Chen, Hau L. Lee, Christopher S. Tang
Summary: Supply chain fairness refers to fair treatment among members in a supply chain, but due to market imperfections, some members may exploit their positions or circumstances, gaining excessive advantages over others. The COVID-19 pandemic has exposed vulnerabilities and unfair practices in global supply chains. However, some companies are taking action to address these issues and create strategic value.
PRODUCTION AND OPERATIONS MANAGEMENT
(2022)
Article
Engineering, Manufacturing
Musen Kingsley Li, ManMohan S. Sodhi, Christopher S. Tang, Jiayi Joey Yu
Summary: This paper examines the integration of stockpile inventory, backup capacity, and standby capability to meet the surge in demand during disasters. The results show that adding capacity and developing capability can be cost-effective strategies in reducing inventory and overall costs.
PRODUCTION AND OPERATIONS MANAGEMENT
(2023)
Article
Engineering, Manufacturing
Subodha Kumar, Christopher S. Tang
Summary: Since its first publication in 1992, Production and Operations Management has experienced remarkable growth in terms of submissions, publications, and journal impact factor. In this 30th-anniversary issue, authors examine the past and future of operations management research, addressing emerging issues in innovation, sustainability, social responsibility, technology management, healthcare management, cybersecurity, and retail operations. The special issue provides a collection of papers aiming to offer innovative ideas for readers to tackle new challenges in operations management.
PRODUCTION AND OPERATIONS MANAGEMENT
(2022)
Article
Management
Wendy Olsder, Tugce Martagan, Christopher S. Tang
Summary: To improve the availability and accessibility of treatments for rare diseases, governments have introduced subsidy programs, exogenous pricing, and outcome-based payment schemes. Research shows that government subsidies are crucial for attracting new drug development for rare diseases; the exogenous pricing scheme can improve patient welfare but reduces the manufacturer's profit.
MANAGEMENT SCIENCE
(2023)
Article
Management
Tobias Croenert, Layla Martin, Stefan Minner, Christopher S. Tang
Summary: When determining store locations, competing retailers need to consider customers' store choices. Incumbent retailers estimate customer attraction parameters using historical data, while new entrants can observe the location structure of incumbents to estimate these parameters. We propose an inverse optimization approach to help new entrants improve their profits by identifying parameter combinations that lead to observed equilibrium solutions.
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
(2024)
Article
Engineering, Industrial
Jiaru Bai, Christopher S. Tang
Summary: This study analyzes the equilibrium structure of competing service platforms in a two-sided market and finds that only one platform can sustain and dominate the market. However, under certain conditions, both platforms can be profitable in equilibrium.
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
(2022)