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Highlights in Business Economics and Management
Article . 2025 . Peer-reviewed
License: CC BY NC
Data sources: Crossref
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The Impact of Green Finance's on Corporate Finance

Authors: Yuxuan Li;

The Impact of Green Finance's on Corporate Finance

Abstract

Research on how green finance affects corporate finance is becoming increasingly important as China advances its high-quality economic development alongside ecological civilization construction. This paper systematically reviews the evolution of green finance in China by analyzing relevant academic research and policy developments. The study explores the impact of green finance on corporate finance from multiple perspectives, including access to capital, financing costs, and structural adjustments in financial decision-making. Specifically, it investigates how green finance influences corporate financial scales, cost structures, and overall financial performance. The findings indicate that green finance significantly affects corporate financing by promoting sustainable investment, lowering financing costs for environmentally responsible firms, and reshaping the financial structure of enterprises. Furthermore, the impact varies based on ownership type, company size, and industry sector, with state-owned and larger firms often benefiting more from green finance policies and incentives. Lastly, this paper highlights the key findings while acknowledging existing research limitations, such as data constraints and the need for further empirical validation, providing directions for future studies in this evolving field.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
gold