Establishment of regional environmental courts, development of financial technology, and optimization of the business environment

ZiYan Chen and Tao Zhao

Finance Research Letters, 2025, vol. 79, issue C

Abstract: In an era marked by the convergence of ecological civilization and digital economic expansion, this study examines the interplay between regional environmental courts (EC), financial technology (FT) advancements, and business environment optimization. Using data from 285 Chinese cities spanning 2017–2022, the analysis reveals that the establishment of regional EC positively contributes to improving the business environment. Moreover, the development of FT significantly amplifies this positive impact. An examination of the underlying mechanisms indicates that although the initial implementation of EC may intensify corporate financing constraints, advancements in FT effectively mitigate this challenge.

Keywords: Financial technology; Environmental courts; Business environment optimization; Ecological civilization; Financing constraints (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612325005434
Full text for ScienceDirect subscribers only

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:eee:finlet:v:79:y:2025:i:c:s1544612325005434

DOI: 10.1016/j.frl.2025.107280

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().