Impact of social trust on allocative efficiency of green finance: The mediating role of information transparency

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-10-01 DOI:10.1016/j.frl.2025.108618

Haocheng Zan , Kailin Jiang , Jing Ma

引用次数: 0

Abstract

Using panel data from 30 provinces in China from 2014 to 2023, this study investigates the impact of social trust on allocative efficiency of green finance. Results show that social trust significantly enhances allocative efficiency of green finance, and information transparency mediates the relation between social trust and the allocative efficiency of green finance. Moreover, enhancing the allocative efficiency of green finance through social trust exhibits regional differences, with significant effects in eastern and central China but not in its western regions.

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社会信任对绿色金融配置效率的影响：信息透明度的中介作用

利用2014 - 2023年中国30个省份的面板数据，研究了社会信任对绿色金融配置效率的影响。结果表明，社会信任显著提高了绿色金融配置效率，信息透明度在社会信任与绿色金融配置效率的关系中起中介作用。此外，通过社会信任提升绿色金融配置效率也存在区域差异，东部和中部地区效果显著，而西部地区效果不明显。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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