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Current Developments in Sustainable Corporate Finance and Financial Innovations

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".

Deadline for manuscript submissions: 26 November 2024 | Viewed by 1614

Special Issue Editor


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Guest Editor
Department of Financial and Business Systems, Lincoln University, Lincoln, New Zealand
Interests: financial econometrics; financial markets; finance; international economics

Special Issue Information

Dear Colleagues,

In recent years, there has been increasing recognition of the urgent need for sustainable development in various aspects of society. One area where sustainability has gained significant importance is in corporate finance and financial innovation. As businesses and financial institutions play a crucial role in shaping economies and societies, studies on Current Developments in Sustainable Corporate Finance and Financial Innovations are of paramount importance. Such studies potentially provide directions to allocate resources towards environmentally friendly initiatives; encourage transparency, accountability, and responsible decision making within organizations; as well as unlock economic opportunities, thus potentially driving positive change and contributing to a more sustainable future.

This Special Issue aims to present the state of the art, current challenges, and future trends in all areas of sustainable corporate finance and financial innovations.

We invite researchers and practitioners to submit original research papers, case studies, and theoretical perspectives that contribute to the following themes:

  • Sustainable corporate finance innovation;
  • Risk management;
  • Sustainable supply chain ethics;
  • Institutional monitoring;
  • Sustainable stakeholder engagement;
  • Emissions trading schemes;
  • Sustainable competitive advantages;
  • Responsible investing;
  • Circular economy;
  • Sustainability disclosures;
  • Corporate social performance;
  • Carbon emissions;
  • Sustainable development;
  • Eco-innovation and related political issues.

Dr. Cuong Nguyen
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • sustainable corporate finance innovation
  • corporate social performance
  • sustainable development
  • sustainable finance

Published Papers (1 paper)

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Research

19 pages, 306 KiB  
Article
Revolutionizing Chinese Manufacturing: Uncovering the Nexus of Intelligent Transformation and Capital Market Information Efficiency
by Qiuyue Zhang and Yu Cao
Sustainability 2023, 15(19), 14429; https://0-doi-org.brum.beds.ac.uk/10.3390/su151914429 - 02 Oct 2023
Cited by 1 | Viewed by 1012
Abstract
Intelligent transformation plays a crucial role in advancing sustainable development in manufacturing while also enhancing the information environment. This study examines the role of intelligent transformation in China’s manufacturing sector, spanning theoretical and empirical dimensions and being anchored in the context of capital [...] Read more.
Intelligent transformation plays a crucial role in advancing sustainable development in manufacturing while also enhancing the information environment. This study examines the role of intelligent transformation in China’s manufacturing sector, spanning theoretical and empirical dimensions and being anchored in the context of capital market information efficiency. The theoretical framework highlights how intelligent transformation mitigates information asymmetry, aligning a firm’s valuation with its intrinsic value, thereby elevating the information efficiency of capital markets. Leveraging annual reports from China’s A-share manufacturing firms, this study employs textual analysis to construct indicators assessing the extent of intelligent transformation across these entities. The empirical findings of this study harmonize with the theoretical constructs. Notably, intelligent transformation emerges as a pivotal driver in enhancing information efficiency in capital markets, substantiated by a negative correlation between intelligent transformation and stock price synchronicity within the manufacturing domain. This correlation withstands a battery of robustness tests and endogeneity treatment. The mechanism driving this transformative impact lies in intelligent transformation’s ability to enhance productivity and magnify market attention, thereby positively influencing capital market information efficiency. The insights not only provide empirical support but also offer practical guidance for improving real-world company operations and developing high-quality capital markets. Full article
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