Fintech and Green Finance

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Financial Technology and Innovation".

Deadline for manuscript submissions: closed (31 July 2024) | Viewed by 8396

Special Issue Editors

Newcastle Business School, University of Newcastle, Newcastle, NSW 2300, Australia
Interests: environmental management; environmental safety; environmental pollution; low-carbon management; risk management; marketing management; e-commerce; social networks
Special Issues, Collections and Topics in MDPI journals

E-Mail Website
Guest Editor
Business School, University of Technology Sydney, Ultimo, NSW 2007, Australia
Interests: firms’ internationalization, sustainability, and digitalization; application of AI and its embedded institutional environment
Special Issues, Collections and Topics in MDPI journals

E-Mail Website
Guest Editor
Faculty of Business and Economics, University of Malaya, 50603 Kuala Lumpur, Malaysia
Interests: energy finance; financial technology; green finance

Special Issue Information

Dear Colleagues,

In recent years, fintech has experienced rapid global growth, leading to significant transformations in the financial industry. These developments have generated new possibilities for the sustainable development of green finance. The potential of fintech in this regard is based on several key principles: leveraging fintech to strengthen risk management mechanisms and facilitate the establishment of green finance standards; addressing information asymmetry and minimizing the costs associated with green identification and risk management; and driving innovation in green finance products. However, despite the notable advancements in fintech, there remains uncertainty regarding the extent to which it has fulfilled the lofty expectations associated with green finance.

We encourage scholars from diverse disciplines to reexamine the critical proposition of whether financial technology can effectively drive sustainable development via green finance. Currently, financial technology encounters numerous challenges, including incomplete data statistics and information disclosure systems, inadequate information infrastructure, gaps in data security and privacy protection, and a shortage of skilled professionals. These challenges necessitate collective contemplation and collaborative efforts from various stakeholders in the market. The development of green finance also confronts several pressing issues, such as the high costs faced by financial institutions in green identification and risk management, the insufficient availability of innovative green financial products, low efficiency in delivering green financial services, and a lack of uniform green financial standards. These challenges expose the shortcomings of existing financial technology at individual, organizational, institutional, and societal levels, emphasizing the urgent need for solutions and improvements.

Contributions that address the following questions related to fintech and green finance are welcome:

  • Have examples of fintech met the initial expectations regarding social cohesion, cooperation, and more ethical/sustainable alternatives?
  • Which expectations regarding fintech and green finance still persist, and what are the new realistic expectations for their outlook?
  • What factors contribute to the negative impacts of fintech or hinder the development of green finance?
  • How does fintech contribute to businesses and societal benefits during significant social transformations, such as responding to pandemics or supporting small and medium enterprises in underdeveloped regions?
  • How can fintech better leverage its positive impacts in the digital era to support the development of green finance?

We welcome contributions that consider several perspectives, including the following:

  • sustainability and ecological economics
  • organization, strategy, entrepreneurship, and innovation
  • regulatory, legal, and government
  • sociological and critical management
  • psychology, marketing, and consumer behavior 

Dr. Xuefeng Shao
Dr. Rebecca Dong
Dr. Chante Jian Ding
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • digital technology
  • FinTech
  • green finance

Benefits of Publishing in a Special Issue

  • Ease of navigation: Grouping papers by topic helps scholars navigate broad scope journals more efficiently.
  • Greater discoverability: Special Issues support the reach and impact of scientific research. Articles in Special Issues are more discoverable and cited more frequently.
  • Expansion of research network: Special Issues facilitate connections among authors, fostering scientific collaborations.
  • External promotion: Articles in Special Issues are often promoted through the journal's social media, increasing their visibility.
  • e-Book format: Special Issues with more than 10 articles can be published as dedicated e-books, ensuring wide and rapid dissemination.

Further information on MDPI's Special Issue polices can be found here.

Published Papers (4 papers)

Order results
Result details
Select all
Export citation of selected articles as:

Research

Jump to: Review

22 pages, 802 KiB  
Article
The Impact of Food Delivery Riders’ Perception of Fairness on Organizational Identification in the Digital Economy: Based on the Intermediary Perspective of Organizational Trust in the Context of Digital Technology
by Lei Tong and Chonlavit Sutunyarak
J. Risk Financial Manag. 2024, 17(8), 361; https://doi.org/10.3390/jrfm17080361 - 15 Aug 2024
Viewed by 1533
Abstract
With the rapid rise in the gig economy driven by advancements in digital technology and financial technology, this study focuses on the work experiences and psychological perceptions of food delivery riders in platform-based employment. This study used a sample of food delivery riders [...] Read more.
With the rapid rise in the gig economy driven by advancements in digital technology and financial technology, this study focuses on the work experiences and psychological perceptions of food delivery riders in platform-based employment. This study used a sample of food delivery riders from 19 cities in China (such as Shanghai, Beijing, Guangzhou, etc.) and multiple delivery platforms (such as Meituan, Ele.me) to collect data through a combination of online and offline questionnaires. The impact relationship between perceived fairness, organizational trust, and organizational identity of food delivery riders was examined through factor analysis, structural equation modeling, and mediation effect modeling. The results of the survey and statistical analysis indicate that fairness perception and its dimensions (distributive fairness, procedural fairness, and interactional fairness) significantly influence riders’ organizational identification, with organizational trust serving as a critical mediating factor. The integration of digital technology has substantially enhanced the operational efficiency of platform-based employment by enabling real-time tracking, transparent communication, and data-driven decision-making. Innovations in financial technology, such as digital payment systems and financial management tools, offer riders safer and more convenient compensation methods, thereby contributing to their financial stability and fostering trust in the platform. The establishment of trust alleviates the riders’ concerns regarding compensation stability and bolsters their optimistic attitudes toward accessing platform resources and meeting their needs. This study provides significant insights and recommendations for leveraging digital technology and financial technology to improve the relationship and operational efficiency between riders and platform enterprises. Full article
(This article belongs to the Special Issue Fintech and Green Finance)
Show Figures

Figure 1

21 pages, 535 KiB  
Article
Perception of Corporate Social Responsibility, Organizational Commitment and Employee Innovation Behavior: A Survey from Chinese AI Enterprises
by Hao He and Chonlavit Sutunyarak
J. Risk Financial Manag. 2024, 17(6), 237; https://doi.org/10.3390/jrfm17060237 - 6 Jun 2024
Cited by 2 | Viewed by 1573
Abstract
This study delves into the relationships between the perception of corporate social responsibility (PCSR), organizational commitment and employee innovation behavior, as well as the multiple mediating roles of affective, normative and continuance commitment in the relationship between the perception of CSR and innovation [...] Read more.
This study delves into the relationships between the perception of corporate social responsibility (PCSR), organizational commitment and employee innovation behavior, as well as the multiple mediating roles of affective, normative and continuance commitment in the relationship between the perception of CSR and innovation behavior. This research involved 419 employees from 15 artificial intelligence (AI) enterprises in Shenzhen, China. This study’s hypotheses were tested using structural equation modeling. The findings indicate that PCSR significantly impacts innovation behavior, and affective, continuance and normative commitments also positively influence innovation behavior. Moreover, these three commitments play a partial mediating role in the relationship between PCSR and innovation behavior. This study enriches and expands the understanding of the multiple mediating mechanisms between PCSR and employee innovation behavior, providing a theoretical basis and guidance for management to comprehensively understand the role of employees’ PCSR in enhancing organizational commitment and fostering innovation behavior. Full article
(This article belongs to the Special Issue Fintech and Green Finance)
Show Figures

Figure 1

22 pages, 493 KiB  
Article
The Impact of the Digital Capability of College Students’ New Enterprises on Business Model Innovation Driven by the Digital Economy: The Mediating Effect of Digital Opportunity Discovery
by Fengliang Li and Khunanan Sukpasjaroen
J. Risk Financial Manag. 2024, 17(4), 152; https://doi.org/10.3390/jrfm17040152 - 11 Apr 2024
Cited by 1 | Viewed by 1517
Abstract
Based on the theoretical frameworks on dynamic capabilities and business model innovation, we conducted a comprehensive survey and analysis involving 451 Chinese university student enterprises. The primary objective was to investigate the synergistic mechanism between these two factors, assessing their impact on business [...] Read more.
Based on the theoretical frameworks on dynamic capabilities and business model innovation, we conducted a comprehensive survey and analysis involving 451 Chinese university student enterprises. The primary objective was to investigate the synergistic mechanism between these two factors, assessing their impact on business model innovation and tracing the evolutionary path. The study revealed the following key findings: (1) positive correlations exist between digital capabilities and business model innovation; (2) entrepreneurial passion serves as a mediator in the positive relationship between digital capabilities and the discovery of digital opportunities; (3) digital opportunity discovery acts as a mediator in the relationship between digital capabilities and business model innovation; (4) under the mediation of dynamic capabilities, digital opportunity discovery significantly promotes business model innovation. Our research contributes to the empirical exploration of digitization in enterprises, shedding light on the collaborative influence of digital capabilities and digital opportunity discovery on business model innovation. Importantly, it elucidates the contextual boundaries that influence business model innovation through diverse pathways, enhancing our comprehensive understanding of the dynamic landscape in the evolution of digital business transformations. Full article
(This article belongs to the Special Issue Fintech and Green Finance)
Show Figures

Figure 1

Review

Jump to: Research

19 pages, 3712 KiB  
Review
Knowledge Mapping to Understand Corporate Value: Literature Review and Bibliometrics
by Baochan Li, Anan Pongtornkulpanich and Thitinan Chankoson
J. Risk Financial Manag. 2024, 17(2), 42; https://doi.org/10.3390/jrfm17020042 - 23 Jan 2024
Viewed by 2289
Abstract
The purpose of this study is to summarize the research results on corporate value published from 2000 to 2022; show the research overview, hot trends, and topic evolution of this research field; provide new ideas for the mining of the research frontiers of [...] Read more.
The purpose of this study is to summarize the research results on corporate value published from 2000 to 2022; show the research overview, hot trends, and topic evolution of this research field; provide new ideas for the mining of the research frontiers of corporate value and a summary of the change rules of research hotspots; and describe prospects for the evolution direction and path of future research. Combining the bibliometric research method with a literature review, the research results on corporate value were analyzed quantitatively by querying the WOS database from 2000 to 2022; the analysis tool was CiteSpace. This study has five findings. First, researchers are paying increasing attention to the study of corporate value, and most of the research results are obtained by independent authors. Second, Chinese research institutions rank among the top three in publication volume. However, their research results have had little impact, with Univ Penn and Peking Univ having the most significant impact. Third, the top three keywords that scholars pay attention to are performance, impact, and corporate governance. Keyword burst analysis, CSR, value reliability, and sustainability are the latest research frontiers. Fourth, evolutionary trends are divided into three stages: research on the influencing factors of corporate value, research on the impact of corporate behavior on corporate value, and research on the evaluation and growth of corporate value. Fifth, knowledge domains include corporate value research methods, the factors influencing corporate value, and corporate behavior. The aims of this study are to provide a new perspective for researchers to study corporate value, provide new ideas for enterprise managers to manage corporate value, and achieve the sustainable development of corporate value. At the same time, the scientific knowledge graph method is applied in corporate value research, adding a new research path for corporate value. Full article
(This article belongs to the Special Issue Fintech and Green Finance)
Show Figures

Figure 1

Back to TopTop