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Angela C. Chao
School of Management and Economics, Southeast University, Nanjing 210096, Jiangsu, China

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Journal article
Published: 29 November 2018 in Structural Change and Economic Dynamics
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This paper investigates corporate social responsibility activities within the environmental realm, with particular focus on the case of energy industry. Comparing corporate social responsibility strategies in a differentiated duopoly with substitute products and eco-R&D, it shows that consumer-friendliness are significant, both production and profit will increase when the energy tax is imposed, but consumer surplus will decrease. Furthermore, if the rate of energy tax is not redundant, both prices of Low-energy-consuming products and common product will be reduced, resulting in a more conspicuous cost advantage to the firm adopting eco-R&D.

ACS Style

Angela C. Chao; Lucheng Hong. Corporate Social Responsibility Strategy, Environment and Energy Policy. Structural Change and Economic Dynamics 2018, 51, 311 -317.

AMA Style

Angela C. Chao, Lucheng Hong. Corporate Social Responsibility Strategy, Environment and Energy Policy. Structural Change and Economic Dynamics. 2018; 51 ():311-317.

Chicago/Turabian Style

Angela C. Chao; Lucheng Hong. 2018. "Corporate Social Responsibility Strategy, Environment and Energy Policy." Structural Change and Economic Dynamics 51, no. : 311-317.

Journal article
Published: 03 November 2018 in Energies
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China’s economy steps into the “new normal” phase, as it is growing in an innovation-driven instead of a factor-driven mode. In this paper, we constructed the corporate behavioral decision models in different scenarios of policy and analyzed the effect of energy policies on corporate behavior and societal welfare, in a duopoly market. The following conclusions were derived. (1) In a duopoly, the product pricing is irrelevant to the resource cost in their production process. (2) For the firm undertaking the social responsibility, the energy tax imposed by the government would increase either the production or the profit, but decrease the consumer surplus. In contrast, for the other firms, the energy tax rate is opposite to their profit. (3) Low-energy-consuming products will promote efficiency, which reduces either the price or the marginal cost, resulting in a more conspicuous cost advantage to the firm adopting the ecological innovation. (4) The marginal cost for a low-energy-consuming technology research and development steadily decreases, which turns their short-term financial disadvantages into the long-term competitive advantages. The marginal contribution of this paper was to build a simultaneously moving model, in duopoly market, and provide theoretical evidence to endogenize the firm strategy to undertake social responsibilities and to realize sustainable growth.

ACS Style

Lucheng Hong; Angela Chao. Strategic Corporate Social Responsibility, Sustainable Growth, and Energy Policy in China. Energies 2018, 11, 3024 .

AMA Style

Lucheng Hong, Angela Chao. Strategic Corporate Social Responsibility, Sustainable Growth, and Energy Policy in China. Energies. 2018; 11 (11):3024.

Chicago/Turabian Style

Lucheng Hong; Angela Chao. 2018. "Strategic Corporate Social Responsibility, Sustainable Growth, and Energy Policy in China." Energies 11, no. 11: 3024.

Journal article
Published: 24 January 2018 in Sustainability
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The energy management of office buildings has been a rising concern for owners, researchers, and energy suppliers. The volatility of power load in office buildings threatens energy consumption and risks device security. This paper investigates the load fluctuation patterns in an office building based on user data, using recurrence interval analysis for different thresholds. The recurrence intervals of volatility are fitted by stretched exponential distribution, from which the probability density function is derived. Then, the short-term and long-term memory effect on the fluctuations are learned by conditional probability density function and multifractal detrended fluctuation analysis, respectively. A hazard function is further established to analyze the risk estimation of load volatility and derive the value at risk (VaR). Thus, a functional relationship has been established between average recurrence interval and threshold. The methodology and analysis results addressed in this paper help to understand load fluctuation patterns and aid in the design of energy consumption strategies in office buildings. According to the results of our research, conclusions and management suggestions are provided at the end of this paper.

ACS Style

Lucheng Hong; Wantao Shu; Angela C. Chao. Recurrence Interval Analysis on Electricity Consumption of an Office Building in China. Sustainability 2018, 10, 306 .

AMA Style

Lucheng Hong, Wantao Shu, Angela C. Chao. Recurrence Interval Analysis on Electricity Consumption of an Office Building in China. Sustainability. 2018; 10 (2):306.

Chicago/Turabian Style

Lucheng Hong; Wantao Shu; Angela C. Chao. 2018. "Recurrence Interval Analysis on Electricity Consumption of an Office Building in China." Sustainability 10, no. 2: 306.

Journal article
Published: 10 February 2017 in Sustainability
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We have entered the “New Normal” economy, with more emphasis on economic growth driven by innovation than resource. This paper investigates the impacts of firms considering corporate social responsibility and environmentally sound technology by building a three-stage Cournot competition model with asymmetric cost. The sustainable development of economic and endogenous firm growth achieves the win–win result in the theoretical model. Using data from 31 firms in China, this paper empirically researches on the relationships among corporate social responsibility, environmentally sound technology and firm endogenous growth. The results show that: (1) Marginal cost decreased with the increase of innovation, as well as getting government research and development subsidy, which has a positive effect on firm growth. (2) Consumers respond positively to corporate social responsibility initiative, the reputation of the firm can be improved. At the same time, environmentally sound technology objectively reduces the marginal cost of competitors because of the technology spillover. (3) Profit of a firm undertaking corporate social responsibility partly decreases, which has a negative effect on firm growth. The contradiction between corporate social responsibility and profit of firm could be adjusted, such as socially responsible investment fund hosed by institutional investors.

ACS Style

Angela C. Chao; Zhengning Pu. Corporate Social Responsibility and Environmentally Sound Technology in Endogenous Firm Growth. Sustainability 2017, 9, 234 .

AMA Style

Angela C. Chao, Zhengning Pu. Corporate Social Responsibility and Environmentally Sound Technology in Endogenous Firm Growth. Sustainability. 2017; 9 (2):234.

Chicago/Turabian Style

Angela C. Chao; Zhengning Pu. 2017. "Corporate Social Responsibility and Environmentally Sound Technology in Endogenous Firm Growth." Sustainability 9, no. 2: 234.