金融科技企业与企业社会责任实践

IF 5.6 2区经济学 Q1 BUSINESS, FINANCE

Emerging Markets Review Pub Date : 2024-01-01 DOI:10.1016/j.ememar.2023.101105

Bin Li , Fei Guo , Lei Xu , Siqi Meng

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引用次数: 0

摘要

通过一个上海和深圳证券交易所上市公司的专有数据集，我们在企业的金融科技（Fintech）业务与企业社会责任（CSR）实践之间建立了正向联系。这种联系在政治关系较强、代理成本较低、内部控制较好的企业中更为明显。银行贷款供应的增加、内部资本市场、公众监督以及企业的战略差异都是这种联系的基础。金融科技业务还能有效遏制企业不负社会责任的行为。金融科技企业可能已成为数字时代维持长期经济增长的一项战略努力。

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Fintech business and corporate social responsibility practices

Through a proprietary dataset of listed firms on the Shanghai and Shenzhen Stock Exchanges, we establish a positive link between firms' financial technology (Fintech) business and their corporate social responsibility (CSR) practices. Such a link can be more pronounced among firms of stronger political connections, lower agency costs, and better internal control. Enhanced supply of bank loans, internal capital market, public scrutiny, and firms' strategic differences are underlying the link. Fintech business may also effectively curb firms' corporate social irresponsibility (CSI) behaviour. Fintech business may have become a strategic endeavor to sustain long-term economic growth in the digital age.

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来源期刊

Emerging Markets Review Multiple-

CiteScore

7.10

自引率

4.20%

发文量

审稿时长

100 days

期刊介绍： The intent of the editors is to consolidate Emerging Markets Review as the premier vehicle for publishing high impact empirical and theoretical studies in emerging markets finance. Preference will be given to comparative studies that take global and regional perspectives, detailed single country studies that address critical policy issues and have significant global and regional implications, and papers that address the interactions of national and international financial architecture. We especially welcome papers that take institutional as well as financial perspectives.