Utilizing data from 5,481 village-level service stations(VS)in Baoding,China,this study empirically investigates the impact of digital inclusive finance(DIF)and VS infrastructure on rural e-commerce(RE)development.Res...Utilizing data from 5,481 village-level service stations(VS)in Baoding,China,this study empirically investigates the impact of digital inclusive finance(DIF)and VS infrastructure on rural e-commerce(RE)development.Results demonstrate that DIF significantly promotes RE by reducing transaction and financing costs(β=0.783,P<0.01).VS as physical infrastructure significantly drives RE growth(β=0.654,P<0.01).Crucially,DIF and VS exhibit synergistic effects(interactionβ=0.421,P<0.01),producing a“1+1>2”enhancement.Regional economic development,population density,and education levels positively influence RE.Current challenges include financial misallocation,infrastructure deficits,and skill gaps.We propose a“One Core,Three Wings”framework—Core:Develop tailored financial products for specialty industries(luggage,textiles,mushrooms);Wings:(1)Upgrade digital infrastructure,(2)Optimize policy synergy,(3)Enhance inclusive capacity through elderly-friendly technologies and training.Implementation strategies include establishing risk-sharing mechanisms,expanding VS functionality,and creating DIF-RE-VS alliances to foster sustainable rural revitalization.展开更多
Against the backdrop of the rapid development of the digital economy,corporate financial management faces unprecedented challenges and opportunities.This paper will start with the concept of financial shared services ...Against the backdrop of the rapid development of the digital economy,corporate financial management faces unprecedented challenges and opportunities.This paper will start with the concept of financial shared services to deeply explore the role and significance of the financial shared service model in the digital transformation of corporate finance.It analyzes the existing problems in the current process of digital transformation of corporate finance and proposes corresponding solutions,providing valuable references and guidance for enterprises to achieve digital transformation of finance.展开更多
Natural language processing(NLP)technologies,such as ChatGPT,are revolutionizing various fields,including finance research.This article explores the potential of Chat-GPT as a transformative tool for finance researche...Natural language processing(NLP)technologies,such as ChatGPT,are revolutionizing various fields,including finance research.This article explores the potential of Chat-GPT as a transformative tool for finance researchers.We illustrate various applications of ChatGPT in finance research,from analyzing financial charts and providing coding support to the theoretical derivation of financial models.Significant advances in multimodal learning,such as Visual Referring Prompting(VRP),are also explored for their potential to enhance ChatGPT’s image analysis capabilities.Furthermore,we conduct a comparative analysis of ChatGPT-3.5,ChatGPT-4,and Microsoft Bing to examine their distinct features,strengths,and weaknesses to provide valuable insights into their applicability in finance research.We demonstrate the innovative opportunities and insights provided by the development of ChatGPT to enrich the financial research process.By addressing the potential pitfalls and ethical considerations associated with using ChatGPT,we aim to promote responsible AI adoption and a more indepth understanding of the role of advanced NLP technologies in shaping the future of finance research and practice.Overall,this paper underscores ChatGPT’s transformative role in finance research,detailing its applications,benefits,and challenges,and advocating for ethical AI adoption to shape the future of the field.展开更多
This study constructs a new composite green digital finance index and describes its development in China over the past decade.Based on province-level panel data covering the period 2011–2020,we examine how education ...This study constructs a new composite green digital finance index and describes its development in China over the past decade.Based on province-level panel data covering the period 2011–2020,we examine how education contributes to the development of green digital finance.Through detailed theoretical analysis and rigorous empirical testing,the following results are obtained.First,education directly promotes green digital finance by adjusting people’s consciousness and enhancing their abilities.Second,high-quality educational inputs,a high level of economic development,and a high degree of opening-up are among the important preconditions for education to further promote green digital finance in China.Third,education indirectly promotes green digital finance by driving industrial upgrades,increasing income levels,promoting technological innovation,and cultivating finance-related talent.This study offers policy recommendations to help improve education levels and suggests a valuable direction for further research on green digital finance.展开更多
Anhui Province is a major agricultural province in eastern China,and the development of rural economy plays an important role in improving the overall economic level of the province.In recent years,the extensive use o...Anhui Province is a major agricultural province in eastern China,and the development of rural economy plays an important role in improving the overall economic level of the province.In recent years,the extensive use of digital technologies and ongoing financial innovations have contributed to the rapid growth of digital inclusive finance in rural areas of Anhui,significantly reducing the lack of financial services in these regions.The main objective of this paper is to explore in depth how digital inclusive finance impacts the rural economy of Anhui Province and to provide practical policy recommendations based on these findings.展开更多
The 52nd issue of Financial Innovation(FIN),Volume 11,No.4(2025),features 19 papers that can be classified into two main themes:the Special Issue on Green Digital Finance and Energy Transition,and FinTech and Market A...The 52nd issue of Financial Innovation(FIN),Volume 11,No.4(2025),features 19 papers that can be classified into two main themes:the Special Issue on Green Digital Finance and Energy Transition,and FinTech and Market Analysis.展开更多
The 53rd issue of Financial Innovation(FIN),Volume 11,No.5(2025),features 21 papers that can be classified into four main themes:the Special Issue on The Anomie of Artificial Intelligence(AI)in Finance:Bridging the Ga...The 53rd issue of Financial Innovation(FIN),Volume 11,No.5(2025),features 21 papers that can be classified into four main themes:the Special Issue on The Anomie of Artificial Intelligence(AI)in Finance:Bridging the Gap Between Technical Power and Human Wisdom,and Financial Markets and Investments,Economic and Policy Analysis,Corporate Governance and Related Market Dynamics.展开更多
In the era of the digital economy,traditional supply chain finance models face challenges such as information fragmentation,inefficient processes,and insufficient credit transmission,necessitating digital transformati...In the era of the digital economy,traditional supply chain finance models face challenges such as information fragmentation,inefficient processes,and insufficient credit transmission,necessitating digital transformation.This study focuses on Kweichow Moutai Group,systematically analyzing its innovative practices in supply chain finance and examining the mechanisms through which digital technologies enhance core enterprise credit empowerment,improve supply chain collaboration efficiency,and optimize risk management.The research reveals that Moutai Group has transformed supply chain finance from unilateral credit granting to ecosystem-based credit sharing by establishing an IoT-enabled asset verification platform,developing smart contract-driven bill financing systems,and building a blockchain-based multi-party credit alliance.This model significantly lowers financing barriers for small and medium-sized suppliers while creating new value chain growth points through data assetization strategies.Finally,the study proposes further improvements from the perspectives of technical standardization and adaptive regulatory frameworks.展开更多
The rapid advancement of quantum computing has sparked a considerable increase in research attention to quantum technologies.These advances span fundamental theoretical inquiries into quantum information and the explo...The rapid advancement of quantum computing has sparked a considerable increase in research attention to quantum technologies.These advances span fundamental theoretical inquiries into quantum information and the exploration of diverse applications arising from this evolving quantum computing paradigm.The scope of the related research is notably diverse.This paper consolidates and presents quantum computing research related to the financial sector.The finance applications considered in this study include portfolio optimization,fraud detection,and Monte Carlo methods for derivative pricing and risk calculation.In addition,we provide a comprehensive analysis of quantum computing’s applications and effects on blockchain technologies,particularly in relation to cryptocurrencies,which are central to financial technology research.As discussed in this study,quantum computing applications in finance are based on fundamental quantum physics principles and key quantum algorithms.This review aims to bridge the research gap between quantum computing and finance.We adopt a two-fold methodology,involving an analysis of quantum algorithms,followed by a discussion of their applications in specific financial contexts.Our study is based on an extensive review of online academic databases,search tools,online journal repositories,and whitepapers from 1952 to 2023,including CiteSeerX,DBLP,Research-Gate,Semantic Scholar,and scientific conference publications.We present state-of-theart findings at the intersection of finance and quantum technology and highlight open research questions that will be valuable for industry practitioners and academicians as they shape future research agendas.展开更多
A motivated finance-major student should master at least one programming language.This is especially true for students from quantitative finance,business analytics,those attending a Master of Science in Finance or oth...A motivated finance-major student should master at least one programming language.This is especially true for students from quantitative finance,business analytics,those attending a Master of Science in Finance or other financial engineering programs.Among the preferred languages,R holds one of the first places.This paper explains seven critical factors for designing and teaching a programming course:strong motivation,a good textbook,hands-on learning environment,being data intensive,a challenging term project,multiple supporting R datasets,and an easy way to upload such R datasets.展开更多
The current corporate finance is based on the theory framework of new classical economics. Therefore, the main contents such as free cash flow, NPV method and capital structure decision-making are still based on the b...The current corporate finance is based on the theory framework of new classical economics. Therefore, the main contents such as free cash flow, NPV method and capital structure decision-making are still based on the balanced price of product and capital markets, they still can＇t reflect the essential character of corporation. The logic paradox, causes the current corporate finance study under a more and more embarrassing circumstance in the front of enterprise financial management practice, with the feature of value management.展开更多
Supply chain finance(SCF) is concerned because of its service efficiency for the real economy. Beside the bank, some enterprises have provided the SCF service. E-commerce platform firms develop small and micro loan sy...Supply chain finance(SCF) is concerned because of its service efficiency for the real economy. Beside the bank, some enterprises have provided the SCF service. E-commerce platform firms develop small and micro loan system in China. A given small enterprise can apply for a loan through its platform. Based on the latest SCF developments and the relevant literature, this study focuses on the coordination mechanism of SCF. We construct a game theory model including supplier, retailer and financial service provider to analyze the decision making of them. We find the optimal solution to the supplier, retailer and financial service provider.展开更多
In the last two decades,Internet technologies,such as cloud computing,mobile communications,social media,and big data analytics,have brought tremendous changes to our society and reshaped the business in various indus...In the last two decades,Internet technologies,such as cloud computing,mobile communications,social media,and big data analytics,have brought tremendous changes to our society and reshaped the business in various industries.Specifically,the mushrooming innovations in the financial area fertilized by information and communication technologies indicates the advent of the Internet finance era.Applying the exploratory research approach,we investigate major innovative Internet-based financial services and classify them into five categories,as of e-commerce,e-payment,e-money market,online loan services,and digital currencies.Then we propose a market structure of Internet finance extended from the traditional financial market.We claim that credit management is the key issue in the marketplace of Internet finance,characterized by big data analytics,in which cyber credit appears as whole-process,multi-dimensional,and holographic.We further suggest that cyber credit be represented in the form of vector to overcome the limits of traditional single-value measure in cyber credit management.Based on this framework,we raise main research issues in Internet finance from the perspectives of theory,technology,and governance.展开更多
After building a dynamic evolutionary game model, the essay studies the stability of the equilibrium in the game between the commercial banks and the closed-loop supply chain(CLSC) enterprises. By design of systematic...After building a dynamic evolutionary game model, the essay studies the stability of the equilibrium in the game between the commercial banks and the closed-loop supply chain(CLSC) enterprises. By design of systematic mechanism based on system dynamics theory, capital chains of independent small and medium-sized enterprises(SMEs) on CLSC are organically linked together. Moreover, a comparative simulation is studied for the previous independent and post-design dependent systems. The study shows that with business expanding and market risk growing, the independent finance chains of SMEs on CLSC often take on a certain vulnerability, while the SMEs closed-loop supply chain finance system itself is with a strong rigidity and concerto.展开更多
Finance is the core of modern economy,and a strong country cannot do without the support of financial system.With the rapid development of economy and society,the traditional financial services can not support the inc...Finance is the core of modern economy,and a strong country cannot do without the support of financial system.With the rapid development of economy and society,the traditional financial services can not support the increasingly large and complex economic system.As a brand-new format,financial technology can help the financial industry to restructure and upgrade.At the same time,as an international consensus,green development is the only way for China to achieve sustainable development.Therefore,it is of great practical significance to study the impact of finance on the regional development of green finance.Based on the essence of green finance development,fuzzy principal component analysis is used to build the green finance evaluation index system in this paper.Taking the data of three provinces and cities in the Yangtze River Delta from 2015 to 2019 as an example,QAP analysis is used to study the impact of financial tech-nology on the regional development of green finance.Research shows that expla-natory variables are highly significant,that is,financial technology has a significant role in promoting green finance.Finally,based on the research conclu-sions,this paper puts forward suggestions on how green technology can better promote the development of green finance from three aspects of top-level design,technical research and supervision.展开更多
With the advent of the era of big data,traditional financial management has been unable to meet the needs of modern enterprise business.Enterprises hope that financial management has the function of improving the accu...With the advent of the era of big data,traditional financial management has been unable to meet the needs of modern enterprise business.Enterprises hope that financial management has the function of improving the accuracy of corporate financial data,assisting corporate management to make decisions that are more in line with the actual development of the company,and optimizing corporate management systems,thereby comprehensively improving the overall level of the company and ensuring that the company can be in business with the assistance of financial integration,can better improve and develop themselves.Based on the investigation of enterprises and universities,this article analyzes the problem of accounting talent training from both the demand and supply ends,and puts forward some suggestions for the teaching reform of accounting integration with big data in financial colleges and universities,and strives to promote the integration of business and finance.The optimal allocation of enterprise resources will gradually enhance the market competitiveness of enterprises,and explore the application strategies of big data technology in the integration of enterprise business and finance.展开更多
Inclusive finance is intended to address the barriers posed by financial exclusion to economic development. Therefore, an effective inclusive financial system must be designed to address financial exclusion rather tha...Inclusive finance is intended to address the barriers posed by financial exclusion to economic development. Therefore, an effective inclusive financial system must be designed to address financial exclusion rather than to provide long-term policy subsidies for financial relief. Financial exclusion in China has causes in economic development strategy, financial institutional arrangement, financial market structure, dominance of social relations, and constraints of risk evaluation. Eliminating financial exclusion and increasing financial inclusion essentially requires that our financial system be equipped with those functions through policy adjustment, institutional innovation and improvement of market rules. Existing bottlenecks of financial risk management should be eliminated to provide fair opportunities of financing for projects that contribute to social development with limited deviations from traditional credit costs. Inclusive finance is sometimes confused with policy subsidies, financial assistance and poverty relief loans, which cannot reflect efficiency, fairness and inclusion as the essential attributes of inclusive finance. The existing financial system must be adjusted to enhance risk management performance and advance financial market stratification and competition by creating fair and efficient legal and credit systems.展开更多
Rural finance is the weakest link in China's financial system. There are still many problems in the traditional rural finance, such as poor business conditions, imperfectly competitive financial markets, and credi...Rural finance is the weakest link in China's financial system. There are still many problems in the traditional rural finance, such as poor business conditions, imperfectly competitive financial markets, and credit information asymmetry; the phenomenon of farmers' loans difficulty has not been fundamentally changed. In order to improve the current situation of rural finance, the state proposes to develop new rural finance and innovate upon rural financial system. The new rural finance has many good development advantages, such as adequate information, flexible operation, and good potential quality of the assets. It is necessary to innovate upon financial products and services, establish the purpose of serving agriculture, countryside and farmers, strengthen the supervision of credit, and improve the financial infrastructure construction, so as to achieve sustainable developments.展开更多
Since rural microfinance is a credit which grants loans without collateral and guarantees to farmers,it is considerably important to evaluate and control the household credit risk.Through establishing the evaluation i...Since rural microfinance is a credit which grants loans without collateral and guarantees to farmers,it is considerably important to evaluate and control the household credit risk.Through establishing the evaluation index system and then using catastrophe progression theory,three common types of catastrophe system and the normalization formula,we get the comprehensive evaluation.Finally,we take the empirical test and the result shows that this method is simpler and more objective which can be used by the credit cooperatives to decide whether to authorize the loans.展开更多
文摘Utilizing data from 5,481 village-level service stations(VS)in Baoding,China,this study empirically investigates the impact of digital inclusive finance(DIF)and VS infrastructure on rural e-commerce(RE)development.Results demonstrate that DIF significantly promotes RE by reducing transaction and financing costs(β=0.783,P<0.01).VS as physical infrastructure significantly drives RE growth(β=0.654,P<0.01).Crucially,DIF and VS exhibit synergistic effects(interactionβ=0.421,P<0.01),producing a“1+1>2”enhancement.Regional economic development,population density,and education levels positively influence RE.Current challenges include financial misallocation,infrastructure deficits,and skill gaps.We propose a“One Core,Three Wings”framework—Core:Develop tailored financial products for specialty industries(luggage,textiles,mushrooms);Wings:(1)Upgrade digital infrastructure,(2)Optimize policy synergy,(3)Enhance inclusive capacity through elderly-friendly technologies and training.Implementation strategies include establishing risk-sharing mechanisms,expanding VS functionality,and creating DIF-RE-VS alliances to foster sustainable rural revitalization.
文摘Against the backdrop of the rapid development of the digital economy,corporate financial management faces unprecedented challenges and opportunities.This paper will start with the concept of financial shared services to deeply explore the role and significance of the financial shared service model in the digital transformation of corporate finance.It analyzes the existing problems in the current process of digital transformation of corporate finance and proposes corresponding solutions,providing valuable references and guidance for enterprises to achieve digital transformation of finance.
文摘Natural language processing(NLP)technologies,such as ChatGPT,are revolutionizing various fields,including finance research.This article explores the potential of Chat-GPT as a transformative tool for finance researchers.We illustrate various applications of ChatGPT in finance research,from analyzing financial charts and providing coding support to the theoretical derivation of financial models.Significant advances in multimodal learning,such as Visual Referring Prompting(VRP),are also explored for their potential to enhance ChatGPT’s image analysis capabilities.Furthermore,we conduct a comparative analysis of ChatGPT-3.5,ChatGPT-4,and Microsoft Bing to examine their distinct features,strengths,and weaknesses to provide valuable insights into their applicability in finance research.We demonstrate the innovative opportunities and insights provided by the development of ChatGPT to enrich the financial research process.By addressing the potential pitfalls and ethical considerations associated with using ChatGPT,we aim to promote responsible AI adoption and a more indepth understanding of the role of advanced NLP technologies in shaping the future of finance research and practice.Overall,this paper underscores ChatGPT’s transformative role in finance research,detailing its applications,benefits,and challenges,and advocating for ethical AI adoption to shape the future of the field.
文摘This study constructs a new composite green digital finance index and describes its development in China over the past decade.Based on province-level panel data covering the period 2011–2020,we examine how education contributes to the development of green digital finance.Through detailed theoretical analysis and rigorous empirical testing,the following results are obtained.First,education directly promotes green digital finance by adjusting people’s consciousness and enhancing their abilities.Second,high-quality educational inputs,a high level of economic development,and a high degree of opening-up are among the important preconditions for education to further promote green digital finance in China.Third,education indirectly promotes green digital finance by driving industrial upgrades,increasing income levels,promoting technological innovation,and cultivating finance-related talent.This study offers policy recommendations to help improve education levels and suggests a valuable direction for further research on green digital finance.
文摘Anhui Province is a major agricultural province in eastern China,and the development of rural economy plays an important role in improving the overall economic level of the province.In recent years,the extensive use of digital technologies and ongoing financial innovations have contributed to the rapid growth of digital inclusive finance in rural areas of Anhui,significantly reducing the lack of financial services in these regions.The main objective of this paper is to explore in depth how digital inclusive finance impacts the rural economy of Anhui Province and to provide practical policy recommendations based on these findings.
文摘The 52nd issue of Financial Innovation(FIN),Volume 11,No.4(2025),features 19 papers that can be classified into two main themes:the Special Issue on Green Digital Finance and Energy Transition,and FinTech and Market Analysis.
文摘The 53rd issue of Financial Innovation(FIN),Volume 11,No.5(2025),features 21 papers that can be classified into four main themes:the Special Issue on The Anomie of Artificial Intelligence(AI)in Finance:Bridging the Gap Between Technical Power and Human Wisdom,and Financial Markets and Investments,Economic and Policy Analysis,Corporate Governance and Related Market Dynamics.
文摘In the era of the digital economy,traditional supply chain finance models face challenges such as information fragmentation,inefficient processes,and insufficient credit transmission,necessitating digital transformation.This study focuses on Kweichow Moutai Group,systematically analyzing its innovative practices in supply chain finance and examining the mechanisms through which digital technologies enhance core enterprise credit empowerment,improve supply chain collaboration efficiency,and optimize risk management.The research reveals that Moutai Group has transformed supply chain finance from unilateral credit granting to ecosystem-based credit sharing by establishing an IoT-enabled asset verification platform,developing smart contract-driven bill financing systems,and building a blockchain-based multi-party credit alliance.This model significantly lowers financing barriers for small and medium-sized suppliers while creating new value chain growth points through data assetization strategies.Finally,the study proposes further improvements from the perspectives of technical standardization and adaptive regulatory frameworks.
基金Gerhard Hellstern is partly funded by the Ministry of Economic Affairs,Labour and Tourism Baden-Württemberg in the frame of the Competence Center Quantum Computing Baden-Württemberg(QORA Ⅱ).
文摘The rapid advancement of quantum computing has sparked a considerable increase in research attention to quantum technologies.These advances span fundamental theoretical inquiries into quantum information and the exploration of diverse applications arising from this evolving quantum computing paradigm.The scope of the related research is notably diverse.This paper consolidates and presents quantum computing research related to the financial sector.The finance applications considered in this study include portfolio optimization,fraud detection,and Monte Carlo methods for derivative pricing and risk calculation.In addition,we provide a comprehensive analysis of quantum computing’s applications and effects on blockchain technologies,particularly in relation to cryptocurrencies,which are central to financial technology research.As discussed in this study,quantum computing applications in finance are based on fundamental quantum physics principles and key quantum algorithms.This review aims to bridge the research gap between quantum computing and finance.We adopt a two-fold methodology,involving an analysis of quantum algorithms,followed by a discussion of their applications in specific financial contexts.Our study is based on an extensive review of online academic databases,search tools,online journal repositories,and whitepapers from 1952 to 2023,including CiteSeerX,DBLP,Research-Gate,Semantic Scholar,and scientific conference publications.We present state-of-theart findings at the intersection of finance and quantum technology and highlight open research questions that will be valuable for industry practitioners and academicians as they shape future research agendas.
文摘A motivated finance-major student should master at least one programming language.This is especially true for students from quantitative finance,business analytics,those attending a Master of Science in Finance or other financial engineering programs.Among the preferred languages,R holds one of the first places.This paper explains seven critical factors for designing and teaching a programming course:strong motivation,a good textbook,hands-on learning environment,being data intensive,a challenging term project,multiple supporting R datasets,and an easy way to upload such R datasets.
文摘The current corporate finance is based on the theory framework of new classical economics. Therefore, the main contents such as free cash flow, NPV method and capital structure decision-making are still based on the balanced price of product and capital markets, they still can＇t reflect the essential character of corporation. The logic paradox, causes the current corporate finance study under a more and more embarrassing circumstance in the front of enterprise financial management practice, with the feature of value management.
基金the National Social Science Foundation of China(No.11CGL031)the China Scholarship Foundation(No.201208310194)+1 种基金the Shanghai Normal University Outstanding Teacher Project(No.B-6001-12-309013)the National Natural Science Foundation of China(Nos.71371139 and 71471117)
文摘Supply chain finance(SCF) is concerned because of its service efficiency for the real economy. Beside the bank, some enterprises have provided the SCF service. E-commerce platform firms develop small and micro loan system in China. A given small enterprise can apply for a loan through its platform. Based on the latest SCF developments and the relevant literature, this study focuses on the coordination mechanism of SCF. We construct a game theory model including supplier, retailer and financial service provider to analyze the decision making of them. We find the optimal solution to the supplier, retailer and financial service provider.
文摘In the last two decades,Internet technologies,such as cloud computing,mobile communications,social media,and big data analytics,have brought tremendous changes to our society and reshaped the business in various industries.Specifically,the mushrooming innovations in the financial area fertilized by information and communication technologies indicates the advent of the Internet finance era.Applying the exploratory research approach,we investigate major innovative Internet-based financial services and classify them into five categories,as of e-commerce,e-payment,e-money market,online loan services,and digital currencies.Then we propose a market structure of Internet finance extended from the traditional financial market.We claim that credit management is the key issue in the marketplace of Internet finance,characterized by big data analytics,in which cyber credit appears as whole-process,multi-dimensional,and holographic.We further suggest that cyber credit be represented in the form of vector to overcome the limits of traditional single-value measure in cyber credit management.Based on this framework,we raise main research issues in Internet finance from the perspectives of theory,technology,and governance.
基金the Natural Science Research Fund of Hubei Province(No.2014BDH121)
文摘After building a dynamic evolutionary game model, the essay studies the stability of the equilibrium in the game between the commercial banks and the closed-loop supply chain(CLSC) enterprises. By design of systematic mechanism based on system dynamics theory, capital chains of independent small and medium-sized enterprises(SMEs) on CLSC are organically linked together. Moreover, a comparative simulation is studied for the previous independent and post-design dependent systems. The study shows that with business expanding and market risk growing, the independent finance chains of SMEs on CLSC often take on a certain vulnerability, while the SMEs closed-loop supply chain finance system itself is with a strong rigidity and concerto.
基金The funding is sponsored by the National Social Science Fund of China(Grant No.18CGL015).
文摘Finance is the core of modern economy,and a strong country cannot do without the support of financial system.With the rapid development of economy and society,the traditional financial services can not support the increasingly large and complex economic system.As a brand-new format,financial technology can help the financial industry to restructure and upgrade.At the same time,as an international consensus,green development is the only way for China to achieve sustainable development.Therefore,it is of great practical significance to study the impact of finance on the regional development of green finance.Based on the essence of green finance development,fuzzy principal component analysis is used to build the green finance evaluation index system in this paper.Taking the data of three provinces and cities in the Yangtze River Delta from 2015 to 2019 as an example,QAP analysis is used to study the impact of financial tech-nology on the regional development of green finance.Research shows that expla-natory variables are highly significant,that is,financial technology has a significant role in promoting green finance.Finally,based on the research conclu-sions,this paper puts forward suggestions on how green technology can better promote the development of green finance from three aspects of top-level design,technical research and supervision.
基金The research was co-completed by School of Journalism and Communication of Hunan Normal University and Financial Big-Data Research Institute of Hunan University of Finance and Economics.This research was funded by the National Natural Science Foundation of China(No.72073041)Open Foundation for the University Innovation Platform in Hunan Province(No.18K103)+2 种基金2011 Collaborative Innovation Center for Development and Utilization of Finance and Economics Big Data Property,Universities of Hunan Province,Open Project(Nos.20181901CRP03,20181901CRP04,20181901CRP05)2020 Hunan Provincial Higher Education Teaching Reform Research Project(Nos.HNJG-2020-1130,HNJG-2020-1124)2020 General Project of Hunan Social Science Fund(No.20B16).
文摘With the advent of the era of big data,traditional financial management has been unable to meet the needs of modern enterprise business.Enterprises hope that financial management has the function of improving the accuracy of corporate financial data,assisting corporate management to make decisions that are more in line with the actual development of the company,and optimizing corporate management systems,thereby comprehensively improving the overall level of the company and ensuring that the company can be in business with the assistance of financial integration,can better improve and develop themselves.Based on the investigation of enterprises and universities,this article analyzes the problem of accounting talent training from both the demand and supply ends,and puts forward some suggestions for the teaching reform of accounting integration with big data in financial colleges and universities,and strives to promote the integration of business and finance.The optimal allocation of enterprise resources will gradually enhance the market competitiveness of enterprises,and explore the application strategies of big data technology in the integration of enterprise business and finance.
基金sponsored by the National Social Science Fund: "A Study on Regional Risk, Appropriate Decentralization and Reform of Local Financial Systems" (Grant No. 14BJY192)
文摘Inclusive finance is intended to address the barriers posed by financial exclusion to economic development. Therefore, an effective inclusive financial system must be designed to address financial exclusion rather than to provide long-term policy subsidies for financial relief. Financial exclusion in China has causes in economic development strategy, financial institutional arrangement, financial market structure, dominance of social relations, and constraints of risk evaluation. Eliminating financial exclusion and increasing financial inclusion essentially requires that our financial system be equipped with those functions through policy adjustment, institutional innovation and improvement of market rules. Existing bottlenecks of financial risk management should be eliminated to provide fair opportunities of financing for projects that contribute to social development with limited deviations from traditional credit costs. Inclusive finance is sometimes confused with policy subsidies, financial assistance and poverty relief loans, which cannot reflect efficiency, fairness and inclusion as the essential attributes of inclusive finance. The existing financial system must be adjusted to enhance risk management performance and advance financial market stratification and competition by creating fair and efficient legal and credit systems.
基金Supported by National Social Science Foundation (10XJY023)Program for Excellent Talents in Guangxi Higher Education Institutions in 2011
文摘Rural finance is the weakest link in China's financial system. There are still many problems in the traditional rural finance, such as poor business conditions, imperfectly competitive financial markets, and credit information asymmetry; the phenomenon of farmers' loans difficulty has not been fundamentally changed. In order to improve the current situation of rural finance, the state proposes to develop new rural finance and innovate upon rural financial system. The new rural finance has many good development advantages, such as adequate information, flexible operation, and good potential quality of the assets. It is necessary to innovate upon financial products and services, establish the purpose of serving agriculture, countryside and farmers, strengthen the supervision of credit, and improve the financial infrastructure construction, so as to achieve sustainable developments.
基金Supported by Natural Sciences Foundation of China(70973097)
文摘Since rural microfinance is a credit which grants loans without collateral and guarantees to farmers,it is considerably important to evaluate and control the household credit risk.Through establishing the evaluation index system and then using catastrophe progression theory,three common types of catastrophe system and the normalization formula,we get the comprehensive evaluation.Finally,we take the empirical test and the result shows that this method is simpler and more objective which can be used by the credit cooperatives to decide whether to authorize the loans.
