Sustainability,
Journal Year:
2023,
Volume and Issue:
15(11), P. 8572 - 8572
Published: May 25, 2023
This
study
empirically
investigated
the
role
played
by
government
policy
in
financial
industry
promoting
sustainable
innovation,
business
performance,
and
risk
management.
An
original
dataset,
comprising
data
from
Taiwan
Economic
Journal
(TEJ),
Patent
Search
System,
company
annual
reports
period
2015–2019
was
used
to
analyze
effects
of
on
Taiwan.
The
research
results
showed
that
a
firm’s
commitment
is
conducive
its
growth
does
not
increase
industry.
can
report
FinTech
news
highlights
growth,
while
companies
with
high
capital
adequacy
rates
are
better
equipped
manage
risks
associated
innovation
commitment.
Financial
suggested
engage
thus
improve
their
profitability.
In
addition,
policymakers
should
mandate
ratios,
risk-bearing
capacity,
maintain
market
stability.
The
purpose
of
this
paper
is
to
identify
the
driving
elements
South
African
financial
sector.
While
Africa’s
sector
appears
robust,
there
exists
a
dearth
empirical
research
investigating
determinants
its
development.
Thus,
work
assesses
how
three
critical
factors:
natural
resource
abundance
(NR),
IT
infrastructure,
and
government
expenditure
levels
affect
development
(FD)
in
Africa
using
annual
data
from
1971
2020.
Preliminary
findings
show
that
series
are
integrated,
they
cointegrated.
Results
regression
analysis
suggest
NR
does
not
significantly
contribute
Africa.
Conversely,
advanced
larger
size,
openness
trade
associated
with
more
developed
implications
these
essential
for
policymakers
stakeholders
understanding
factors
drive
study
recommends
that,
among
others,
innovative
approaches
needed
channel
gains
resources
effectively
into
