{"title":"遏制金融“漂绿”:政策工具、法律机制和可持续发展的企业责任","authors":"Dan Wu , Xiangbin Zuo","doi":"10.1016/j.iref.2025.104480","DOIUrl":null,"url":null,"abstract":"<div><div>This study examines the internal mechanisms underlying financial greenwashing and assesses the synergistic effects of policy instruments and legal frameworks in mitigating such behavior. The results indicate that enhancing regulatory oversight, optimizing incentive policies, and tightening information disclosure requirements effectively reduce financial greenwashing, while improvements to legal frameworks can further strengthen policy implementation. The combined use of policy instruments and legal mechanisms demonstrates significant efficacy in curbing financial greenwashing. Policymakers should therefore consider employing diverse policy instruments and emphasize coordination with legal frameworks.</div></div>","PeriodicalId":14444,"journal":{"name":"International Review of Economics & Finance","volume":"103 ","pages":"Article 104480"},"PeriodicalIF":5.6000,"publicationDate":"2025-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Curbing financial Greenwashing: Policy tools, legal mechanisms, and corporate responsibility for sustainable development\",\"authors\":\"Dan Wu , Xiangbin Zuo\",\"doi\":\"10.1016/j.iref.2025.104480\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study examines the internal mechanisms underlying financial greenwashing and assesses the synergistic effects of policy instruments and legal frameworks in mitigating such behavior. The results indicate that enhancing regulatory oversight, optimizing incentive policies, and tightening information disclosure requirements effectively reduce financial greenwashing, while improvements to legal frameworks can further strengthen policy implementation. The combined use of policy instruments and legal mechanisms demonstrates significant efficacy in curbing financial greenwashing. Policymakers should therefore consider employing diverse policy instruments and emphasize coordination with legal frameworks.</div></div>\",\"PeriodicalId\":14444,\"journal\":{\"name\":\"International Review of Economics & Finance\",\"volume\":\"103 \",\"pages\":\"Article 104480\"},\"PeriodicalIF\":5.6000,\"publicationDate\":\"2025-07-25\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Review of Economics & Finance\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1059056025006434\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Review of Economics & Finance","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1059056025006434","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
Curbing financial Greenwashing: Policy tools, legal mechanisms, and corporate responsibility for sustainable development
This study examines the internal mechanisms underlying financial greenwashing and assesses the synergistic effects of policy instruments and legal frameworks in mitigating such behavior. The results indicate that enhancing regulatory oversight, optimizing incentive policies, and tightening information disclosure requirements effectively reduce financial greenwashing, while improvements to legal frameworks can further strengthen policy implementation. The combined use of policy instruments and legal mechanisms demonstrates significant efficacy in curbing financial greenwashing. Policymakers should therefore consider employing diverse policy instruments and emphasize coordination with legal frameworks.
期刊介绍:
The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.