Fintech business and corporate social responsibility practices

dc.contributor.authorLi, B.
dc.contributor.authorGuo, F.
dc.contributor.authorXu, L.
dc.contributor.authorMeng, S.
dc.date.issued2024
dc.descriptionData source: Data availability, Embargo: 25 December 2024, 12:00 AM UTC, https://data.mendeley.com/datasets/2hfvb59rjk/1
dc.description.abstractThrough 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.
dc.identifier.citationEmerging Markets Review, 2024; 59(101105):1-34
dc.identifier.doi10.1016/j.ememar.2023.101105
dc.identifier.issn1566-0141
dc.identifier.issn1873-6173
dc.identifier.urihttps://hdl.handle.net/11541.2/37211
dc.language.isoen
dc.publisherElsevier BV
dc.rightsCopyright 2023 Elsevier B.V.. open access (publisher website) (http://creativecommons.org/licenses/by/4.0/)
dc.source.urihttps://doi.org/10.1016/j.ememar.2023.101105
dc.subjectFintech business
dc.subjectCSR
dc.subjectpolitical connections
dc.subjectagency costs
dc.subjectinternal control
dc.subjectCSI
dc.titleFintech business and corporate social responsibility practices
dc.typeJournal article
pubs.publication-statusPublished
ror.fileinfo12280080350001831 13281460250001831 Fintech business and corporate social responsibility practices
ror.mmsid9916814318601831

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