This
paper
develops
a
three-period
theoretical
model
of
corporate
investment
decision-making
to
illustrate
the
impact
peer
effects
on
financialization
and
influence
Fintech
in
financialization.
To
empirically
examine
framework,
we
utilize
27,697
firm-year
observations
from
Chinese
A-share
listed
companies
between
2011
2021
panel
data
setting.
Findings
show
that
there
is
significant
positive
relationship
degree
effects.
In
addition,
can
mitigate
'peer
effects'
among
located
same
geographic
region,
regardless
their
industrial
affiliation.
We
further
demonstrate
companies'
perceptions
uncertainty
arising
market
competition,
regulatory
policy,
monetary
fiscal
policy
are
important
mechanisms
for
effect
Our
results
remain
qualitatively
consistent
after
conducting
set
robustness
checks.
Environment Development and Sustainability,
Год журнала:
2024,
Номер
unknown
Опубликована: Май 16, 2024
Abstract
Low-carbon
development
is
important
to
reduce
global
warming,
allow
people
live
in
normal
temperatures
and
climates,
limit
the
loss
of
labor
productivity
by
avoiding
air
pollution.
However,
greenwashing
prevents
low-carbon
making
companies
appear
more
eco-friendly
than
they
are.
Therefore,
this
study
examines
influence
financial
technology
(FinTech)
credit
implementation
Pilot
Low
Carbon
Project
on
corporate
China
from
2015
2021.
The
uses
method
moment
quantile
regression
(MMQR)
determine
that
FinTech
low-
carbon
projects
prevent
behavior
promote
environmentally
sustainable
practices
China.
Fintech
plays
a
crucial
role
monitoring
environmental
impact
urban
development,
especially
context
City
Initiative.
Credit
experiences
notable
reduction
higher
quantiles,
between
75th
95th
culminating
significant
decrease
approximately
−
0.07.
Companies
outside
low
city
areas
consistently
experience
negative
greenwashing.
This
investigation
contributes
significantly
discourse
interplay
greenwashing,
development.
It
also
provides
valuable
insights
for
strategies
aimed
at
mitigating
misleading
claims
made
companies.
Sustainability,
Год журнала:
2024,
Номер
16(7), С. 2926 - 2926
Опубликована: Апрель 1, 2024
Ecological
environment
restoration
has
become
an
important
strategy
for
the
high-quality
development
of
Yangtze
River
Economic
Belt,
and
green
finance
is
indispensable
to
supporting
industrial
transformation
innovation.
It
great
importance
clarify
internal
relationship
between
ecological
resilience
construction.
This
paper
introduces
concept
into
field
construction
constructs
index
system
from
three
dimensions
“resistance-adaptability-resilience”.
On
this
basis,
it
focuses
on
different
aspects
finance,
such
as
credit,
securities,
investment,
insurance,
etc.,
examines
role
financial
Belt.
The
results
study
showed
that
(1)
during
period,
overall
level
Belt
improved
significantly
there
were
significant
differences
in
economic
belts
but
spatial
are
converging;
(2)
insurance
a
positive
influence
resilience,
while
investment
have
negative
resilience;
(3)
credit
securities
effect
resistance
inhibit
adaptability
improves
resilience.
Green
policies
should
be
further
optimized,
innovative
all-round
multi-level
products
services
provided.
necessary
leverage
social
capital
promote
technological
innovation
high-pollution
industries.
By
combining
resource
endowment
location
advantages,
we
can
explore
benign
interaction
civilization
Frontiers in Environmental Science,
Год журнала:
2024,
Номер
12
Опубликована: Июль 11, 2024
Environmental
pollution
has
long
been
a
global
concern,
and
the
development
of
fintech
led
to
radical
changes
in
financial
industry,
while
finance
plays
very
important
role
environmental
governance.
We
use
number
companies
create
city
index,
with
data
827
listed
heavily
polluting
industries
from
2011
2020,
we
study
impact
on
enterprise
investment.
find
that
can
significantly
increase
investment
enterprises,
increasing
size
green
bonds
improving
cognition
executives
are
two
influence
mechanisms.
Heterogeneity
analysis
found
Southern
enterprises
state-owned
is
more
significant.
Further
shows
reduce
carbon
emissions
invention
patents.
The
results
provide
useful
reference
for
government
promote
implementation
policies
explore
new
ways
modernize
management.
Applied Economics,
Год журнала:
2025,
Номер
unknown, С. 1 - 14
Опубликована: Янв. 3, 2025
The
rapid
evolution
of
FinTech
serves
as
a
critical
catalyst
for
enterprises'
digital
transformation
by
providing
essential
financial
support.
Executives,
strategic
decision-makers,
significantly
shape
responses
to
technological
advances.
However,
the
role
executive
backgrounds
in
influencing
relationship
between
and
remains
unclear.
This
study
constructs
city-level
index
using
web-scraped
data
from
'Tianyancha'
platform
analysing
FinTech-related
keywords
calculating
density
enterprises
each
city.
Text
mining
techniques
extract
transformation-related
enterprise
annual
reports
create
comprehensive
indicator
transformation.
Using
fixed-effects
model
on
panel
dataset
2923
listed
Chinese
manufacturing
(2010–2022),
finds
that
(1)
promotes
transformation;
(2)
executives
with
academic
or
R&D
enhance
this
positive
effect;
(3)
FinTech's
impact
is
stronger
northern
regions,
non-state-owned
enterprises,
high-tech
pilot
cities.
research
enriches
understanding
heterogeneity
leveraging
offers
valuable
implications
practices
policymaking.
