Friday, October 31, 2025

Time Event (+)
08:30 - 09:00 Registration & Coffee (Welcoming Foyer)  
09:00 - 09:30 Welcome & Opening Remarks (NUFE Library Auditorium)  
09:30 - 10:30 The “Chilling” Effect of Climate Laws on Cross-Border Mergers and Acquisitions (NUFE Library Auditorium) - Professor Dragon Tang  
10:30 - 11:00 Morning Tea (Welcoming Foyer)  
11:00 - 12:30 B1: Corporate Social Responsibility I (Room 01) - Amine Tarazi (Université de Limoges, France) (+)  
11:00 - 12:30 › Shareholder Conflicts of Values and Preferences, Policy Uncer-tainty, and Price Gaps between Dual-Listed A- and H-Shares in China - Zhang Haofei, Ningbo University of Technology
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11:00 - 12:30 › Mending Fences: Do Target Firms Bolster Corporate Social Responsibility after Unsuccessful Takeovers? - Zhenyu Zhang, Hong Kong Baptist University
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11:00 - 12:30 › Prior Lending Relationships and the Effectiveness of Commitments in Sustainability-Linked Loans - Amine Tarazi, Université de Limoges, France
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11:00 - 12:30 B2: Environmental, Social and Governance I (Room 02) - Tuan Shew Chng (Xi'an Jiaotong-Liverpool University, China) (+)  
11:00 - 12:30 › Human Capital Disclosure in Corporate Earnings Call - Lu Zhou, The Chinese University of Hong Kong, Shenzhen
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11:01 - 12:30 › Climate Risk Disclosure and Return Anomalies: A Textual Analysis of Chinese A-Shares - Xiao-Ming Li, Massey University
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11:02 - 12:30 › Nothing environmental, its just business - Michael Chng, Xi'an Jiaotong-Liverpool University
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11:00 - 12:30 B3: Green Finance I (Room 03) - Luca Lin (State University of New York at Buffalo, United States of America) (+)  
11:00 - 12:30 › The monitoring costs of green lending - Luca Lin, State University of New York at Buffalo
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11:00 - 12:30 › The Dynamics of Assurances in the Global Green Bond Market - Jiahang Zhang, The University of Hong Kong
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11:01 - 12:30 › Unlocking Financial Benefits: How Green Bond Issuance Lowers Bank Loan Costs Globally - Lanhao Gao, Newcastle Business School, University of Newcastle
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11:00 - 12:30 B4: Behavioral Finance & Sustainability I (Room 04) - Ruobing Yan (Harbin Institute of Technology, China) (+)  
11:00 - 12:30 › Trust and Lottery-Related Anomalies - Ya Gao, University of South Australia
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11:00 - 12:30 › The Puzzle of Successful Repurchase: Market Inefficiencies, Managerial Skill, or Both? - Han Zhou, Monash university
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11:00 - 12:30 › From Equity Greenium to Carbon Return: Discovering Social Signal of Climate Conscience - Ruobing Yan, Harbin Institute of Technology
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11:00 - 12:30 B5: Artificial Intelligence & Sustainability (Room 05) - Wang Yaqi (Nanyang Technological University, Singapore) (+)  
11:00 - 12:30 › Target Employee Reviews and Acquisition Outcomes: Does a Private Target Make a Difference? - Wang Yaqi, Nanyang Technological University, Singapore
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11:00 - 12:30 › How Artificial Intelligence Shapes the Breadth and Depth of Intercity Green Collaborative Innovation? A Network Centrality Perspective - Chengxinge Yang, Hunan University
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11:01 - 12:30 › Machine Learning Forecasts of Tail Risk Spillovers in Carbon and Energy Markets - Lu Lu, Nanjing University of Finance & Economics
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12:30 - 14:00 Lunch Break (Welcoming Foyer)  
14:00 - 15:00 Meet-the-Editors (NUFE Library Auditorium) - Prof. Sabri Boubaker, Prof. Duc Khuong Nguyen, Prof. Dragon Tang  
15:00 - 15:30 Afternoon Tea (Welcoming Foyer)  
15:30 - 17:00 D1: Corporate Social Responsibility II (Room 01) - Wei (Maggie) Hao (Massey University, New Zealand) (+)  
15:30 - 17:00 › Credible CSR and Credit Ratings: How State-Led CSR Enhances Firm Creditworthiness - Wei (Maggie) Hao, Massey University
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15:30 - 17:00 › Public and Private Interventions in ESG: Evidence from Global Syndicated Lending Guideline Reform - Xiaoyu Zhu, Sun Yat-Sen University [Guangzhou]
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15:30 - 17:00 › Do Female Directors Drive Corporate Social Responsibility Performance? Evidence from Korea's Board Gender Quota Mandate - BOXIAN WANG, Yonsei University
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15:30 - 17:00 D2: Climate Finance I (Room 02) - Isaac Otchere (Carleton University, Canada) (+)  
15:30 - 17:00 › The Fiscal Impact of Local Environmental Commitment: Evidence from China's Green Bond Market - Haojun Yuan, Massey University
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15:30 - 17:00 › Are exclusions by large public investors effective in changing the behavior of the excluded firms? - Isaac Otchere, Carleton University
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15:30 - 17:00 › Central banks sowing the seeds for a green financial sector? NGFS membership and market reactions - Marc Steffen Rapp, Philipps-Universität Marburg, School of Business and Economics, Copenhagen Business School, Department of Accounting, Center for Corporate Governance
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15:30 - 17:00 D3: Green Finance II (Room 03) - Sasha Molchanov (Massey University, New Zealand) (+)  
15:30 - 17:00 › When Green Meets Digital: The Surprising Relationships Between Eco-Investments and Crypto Assets in Turbulent Times - Sasha Molchanov, Massey University
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15:31 - 17:00 › Sustainable Debt, Sustainable Returns? The Impact of Green Bonds on Firm Performance in China - Olga Alekseeva, HSE University
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15:32 - 17:00 › Go Green or Go Rich? - Future Investors' choice in an Experimental Asset Market - Ye Bai, Xian Jiaotong Liverpool University
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15:30 - 17:00 D4: Environmental, Social and Governance II (Room 04) - Amanjot Singh (University of New Brunswick, Canada) (+)  
15:30 - 17:00 › The Green Ripple: Does Foreign Environmental Norm Shape Corporate Green Sustainability through Global Supply Chains? - Jing Liao, Massey University
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15:30 - 17:00 › Do Repurchases Facilitate Shareholder Exit? Evidence from CEO Pay Ratio Disclosure - Feng Yue, University of Science and Technology of China
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15:30 - 17:00 › Corporate Misconduct and Labor Leverage - Amanjot Singh, University of New Brunswick
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15:30 - 17:00 D5: Digital Transformation & Sustainability (Room 05) - Mei Qiu (Massey University, New Zealand) (+)  
15:30 - 17:00 › Digital transformation and the advancement of new quality productivity: a supply chain perspective - Shengnan Liu, Nanjing University of Finance & Economics
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15:31 - 17:00 › Household digital transformation and financial resilience: Evidence from China - Mei Qiu, Massey University
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15:32 - 17:00 › How Does Data factor Marketization Boost Urban Green Productivity? Evidence from Chinese Quasi-Natural Experiments - Jing Li, School of Finance, Jiangxi University of Finance and Economics
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18:30 - 21:30 GALA DINNER & BEST PAPER AWARDS (InterContinental Hotel Nanjing (47th Floor))  

Saturday, November 1, 2025

Time Event (+)
08:30 - 09:00 Registration & Coffee (Welcoming Foyer)  
09:00 - 10:00 Corporate Culture in Sustainable Finance: Founder Influences and Stakeholder Perspectives (NUFE Library Auditorium) - Professor Kai Li  
10:00 - 10:30 Morning Tea (Welcoming Foyer)  
10:30 - 12:00 F1: Corporate Social Responsibility III (Room 01) - Jing Chi (Massey University, New Zealand) (+)  
10:30 - 12:00 › Arm's Length or Arm-in-arm? Multibusiness firms' Institutional Arbitrage in Medical Monitoring Claims - Mingmei Liu, Jinan University, China
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10:31 - 12:00 › When Help Hurts: The Environmental Externalities of Industrial Subsidies - Wei Li, City University of Hong Kong, Hong Kong
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10:32 - 12:00 › Organisational medical welfare and firm productivity: The role of employee psychological security - Jing Chi, Massey University
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10:30 - 12:00 F2: Climate Finance II (Room 02) - Biao Yang (Shanghai Jiao Tong University, China) (+)  
10:30 - 12:00 › Fund Mergers, Cross Ownership and Environmental Spillovers in Supply Chains - Yujia Shao, The Chinese University of Hong Kong
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10:31 - 12:00 › International Climate News - Biao Yang, Shanghai Jiao Tong University, China
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10:32 - 12:00 › From Words to Wealth: The Role of Climate Change Disclosures in Global Stock Return - Dong Ding, Hefei University of Technology
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10:30 - 12:00 F3: Environmental, Social and Governance III (Room 03) - Kayshani Gibbon (Utrecht University, Netherlands) (+)  
10:30 - 12:00 › From Incidents to Actions: The Dynamics of ESG Engagement in Asset Management - Yongheng Sun, Singapore Management University
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10:31 - 12:00 › Do green and sustainability-linked bank loans enable green innovation? - Kayshani Gibbon, Universiteit Utrecht / Utrecht University [Utrecht]
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10:32 - 12:00 › Healthy Returns: The Impact of Paid Sick Leave on Hospital Healthcare Quality - Lei Lei, Hong Kong Polytechnic University
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10:30 - 12:00 F4: Behavioral Finance & Sustainability II (Room 04) - Limin Xu (University of Adelaide, Australia) (+)  
10:30 - 12:00 › The Salience of Climate Change and Green Patents Review: Evidence from Climatic Disasters - Yajing Wang, Hong Kong Polytechnic University
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10:31 - 12:00 › ESG Controversies and Inventor Job-hopping - Limin Xu, The University of Adelaide, Australia
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10:32 - 12:00 › Uncertainties in cross-section returns of Real Estate Investment Trusts (REITs) - Yongyu Chen, Massey University
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10:30 - 12:00 F5: Digital Finance, Fintech & Sustainability (Room 05) - Tiantian Tang (Shandong University, China) (+)  
10:30 - 12:00 › When FinTech Meets Sustainability: The Dark Side of Fintech in Green Investment Decisions - Ruichen Ma, Macau University of Science and Technology
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10:31 - 12:00 › ESG Rating Divergence: Cost of Digital Finance - Tiantian Tang, Shandong University
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10:32 - 12:00 › When Algos Face the Tail: Intraday Risk in High-Frequency Trading - Devika Arumugam, Indian Institute of Management Indore
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12:00 - 13:30 Lunch Break (Welcoming Foyer)  
13:30 - 15:00 G1: Corporate Social Responsibility IV (Room 01) - Qifang Feng (Tsinghua University, China) (+)  
13:30 - 15:00 › ESG Engagement and Disclosure: Implications for Stock Misvaluation and Market Efficiency in China - Qifang Feng, Massey University
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13:31 - 15:00 › When Social Media Bites: ESG Backlash and Institutional Insulation in Chinese Firms - Yuejiao Wang, Université du Québec à Montréal, Canada
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13:32 - 15:00 › Corporate operational inflexibility and philanthropic giving: The moderating effect of managerial short-termism - Linshan Zeng, Massey University
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13:30 - 15:00 G2: Diversity, Equity and Inclusion (Room 02) - Seungjoon Oh (Peking University HSBC Business School, China) (+)  
13:30 - 15:00 › Mind the Gap: Gender Discrimination in Loan Pricing Around the World - Christoph Domnick, Finance Center Münster - University of Münster
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13:31 - 15:00 › Can Board Gender Diversity Resolve ESG Rating Disagreement? - Yilan Cui, The University of Queensland
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13:32 - 15:00 › Tradeoff between Entrepreneurship and Fertility: Evidence from China's Nationwide Two-Child Policy - Seungjoon Oh, Peking University HSBC Business School, China
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13:30 - 15:00 G3: Environmental, Social and Governance IV (Room 03) - Shaun McDowell (Wenzhou-Kean University, China) (+)  
13:30 - 15:00 › Performance persistence of ESG funds: Evidence from China - Shaun McDowell, Wenzhou-Kean University
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13:31 - 15:00 › Do ESG investments curb firm competitiveness? The case of China's national drug procurement regime - Qian Zhuang, China Pharmaceutical University
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13:32 - 15:00 › Good News and Bad News: Customer ESG News and Supplier Green Transformation - Xu Huang, Nankai University
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13:30 - 15:00 G4: Behavioral Finance & Sustainability III (Room 04) - Claire Matthews (Massey University, New Zealand) (+)  
13:30 - 15:00 › Transformation in Retail Banking – Do New Zealand's Retail Bank Customers Welcome Green Banking? - Claire Matthews, Massey University
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13:31 - 15:00 › When Greed Meets Bias: Its Dual Impact on the Disposition Effect - Haoyang Yu, Auckland University of Technology
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13:32 - 15:00 › Hot Under the Collar: Impacts of Extreme Heat on Financial Consumer Complaints - Rui Sun, University of Adelaide
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13:30 - 15:00 G5: Biodiversity & Climate Change (Room 05) - Linti Zhang (The Hong Kong Polytechnic University, Hong Kong) (+)  
13:30 - 15:00 › Attention to Biodiversity Risk: Evidence from the United Nations COP15 metting - Linti Zhang, Hong Kong Polytechnic University
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13:31 - 15:00 › Bridging the gap or deepening divide? The impact of climate belief and regulation intervention on corporate environmental disconnect - Fangyuan Kou, University of Exeter Business School
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13:32 - 15:00 › The “Major Questions” of Carbon Emissions and Value Relevance of Climate Litigation - XIAOYI LYU, Sun Yat-Sen University [Guangzhou]
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15:00 - 18:00 CULTURAL HERITAGE ACTIVITIES AND NETWORKING - Cultural Heritage Activities and Networking @ Qixia Mountain  
CNRS CCSD Sciencesconf