How can social responsibility enhance the green value of financial enterprises? Empirical research based on the qualitative comparative analysis method
Given the high revenues of financial enterprises, they should carry out their social responsibilities to contribute to sustainable social and economic development. The purpose of this study is to provide a more efficient strategy for China’s listed financial enterprises to improve their green value...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2022-08-01
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| Series: | Frontiers in Environmental Science |
| Subjects: | |
| Online Access: | https://www.frontiersin.org/articles/10.3389/fenvs.2022.1005768/full |
| _version_ | 1817985780199456768 |
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| author | Zhe Zhang Qingjin Wang Binbin Lu |
| author_facet | Zhe Zhang Qingjin Wang Binbin Lu |
| author_sort | Zhe Zhang |
| collection | DOAJ |
| description | Given the high revenues of financial enterprises, they should carry out their social responsibilities to contribute to sustainable social and economic development. The purpose of this study is to provide a more efficient strategy for China’s listed financial enterprises to improve their green value under the condition of realizing the optimal allocation of their resources in the future. To this end, the present study adopts the fuzzy set qualitative comparative analysis method on 26 domestic listed banks to examine the impact of social responsibility undertaking on the improvement of the green values of enterprises. The findings show that the promotion of green values of listed financial enterprises in China does not simply depend on a one-dimension social responsibility investment but requires a combination of multiple dimensions. Accordingly, policy recommendations are provided to help ensure the long-term development of financial enterprises while achieving sustainable economic development. |
| first_indexed | 2024-04-14T00:02:13Z |
| format | Article |
| id | doaj.art-8307f05720d14537a18685d954624cfd |
| institution | Directory Open Access Journal |
| issn | 2296-665X |
| language | English |
| last_indexed | 2024-04-14T00:02:13Z |
| publishDate | 2022-08-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Environmental Science |
| spelling | doaj.art-8307f05720d14537a18685d954624cfd2022-12-22T02:23:40ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2022-08-011010.3389/fenvs.2022.10057681005768How can social responsibility enhance the green value of financial enterprises? Empirical research based on the qualitative comparative analysis methodZhe Zhang0Qingjin Wang1Binbin Lu2School of Business, Qingdao University, Qingdao, ChinaSchool of Business, Qingdao University, Qingdao, ChinaSchool of Economics, Nankai University, Tianjin, ChinaGiven the high revenues of financial enterprises, they should carry out their social responsibilities to contribute to sustainable social and economic development. The purpose of this study is to provide a more efficient strategy for China’s listed financial enterprises to improve their green value under the condition of realizing the optimal allocation of their resources in the future. To this end, the present study adopts the fuzzy set qualitative comparative analysis method on 26 domestic listed banks to examine the impact of social responsibility undertaking on the improvement of the green values of enterprises. The findings show that the promotion of green values of listed financial enterprises in China does not simply depend on a one-dimension social responsibility investment but requires a combination of multiple dimensions. Accordingly, policy recommendations are provided to help ensure the long-term development of financial enterprises while achieving sustainable economic development.https://www.frontiersin.org/articles/10.3389/fenvs.2022.1005768/fullfuzzy set qualitative comparative analysisgreen valuegreen developmentsocial responsibilityfinancial enterprises |
| spellingShingle | Zhe Zhang Qingjin Wang Binbin Lu How can social responsibility enhance the green value of financial enterprises? Empirical research based on the qualitative comparative analysis method Frontiers in Environmental Science fuzzy set qualitative comparative analysis green value green development social responsibility financial enterprises |
| title | How can social responsibility enhance the green value of financial enterprises? Empirical research based on the qualitative comparative analysis method |
| title_full | How can social responsibility enhance the green value of financial enterprises? Empirical research based on the qualitative comparative analysis method |
| title_fullStr | How can social responsibility enhance the green value of financial enterprises? Empirical research based on the qualitative comparative analysis method |
| title_full_unstemmed | How can social responsibility enhance the green value of financial enterprises? Empirical research based on the qualitative comparative analysis method |
| title_short | How can social responsibility enhance the green value of financial enterprises? Empirical research based on the qualitative comparative analysis method |
| title_sort | how can social responsibility enhance the green value of financial enterprises empirical research based on the qualitative comparative analysis method |
| topic | fuzzy set qualitative comparative analysis green value green development social responsibility financial enterprises |
| url | https://www.frontiersin.org/articles/10.3389/fenvs.2022.1005768/full |
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