RETRACTED ARTICLE: The convergence of digital finance and green investments: opportunities, risks, energy transitions and regulatory considerations

Jiayin Bi () and Ying Qi ()
Additional contact information
Jiayin Bi: Harbin University of Commerce
Ying Qi: Harbin University of Commerce

Economic Change and Restructuring, 2024, vol. 57, issue 3, No 23, 31 pages

Abstract: Abstract The financial industry is transforming due to the confluence of digital finance and green investments, which brings unprecedented potential and problems. This study rigorously examines the consequences of implementing carbon taxes on financial reporting in the corporate sectors of the European Union from 2000 to 2020. We utilize a comprehensive econometric model that includes stable variables, past patterns, and industry-specific differences to examine a dataset of business financial disclosures. Our goal is to determine the magnitude and characteristics of the impact caused by carbon taxes on reporting practices. This presentation highlights the possibilities for speeding up the world's energy transitions as it examines the synergies between sustainable investments and digital finance. The financial industry's growing use of digital technology makes green financing and ecologically responsible investments possible. However, there are also hazards associated with this convergence, which makes a thorough grasp of regulatory structures necessary.

Keywords: Carbon taxes; Financial reporting; Corporate sectors; Climate change mitigation (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1007/s10644-024-09680-3 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:ecopln:v:57:y:2024:i:3:d:10.1007_s10644-024-09680-3

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10644/PS2

DOI: 10.1007/s10644-024-09680-3

Access Statistics for this article

Economic Change and Restructuring is currently edited by George Hondroyiannis

More articles in Economic Change and Restructuring from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().