Modern economies are progressively acknowledging the need to assess environmental, social, and corporate governance (ESG) elements to identify possible risks and possibilities. The financial sector, exerting significant influence over the economy, is essential for sustaining economic stability...

Financial industry executives are sincerely concerned about the potential effects of greenwashing on their organizations. The primary objective of this research is to investigate the impact of board features on greenwashing and the strategies that executives may develop to mitigate the effects...

The article examines the problem of increasing social responsibility of the financial sector on the example of systemically important banks that operate in the modern information and network economy under conditions of uncertainty. A comparative analysis of dimensions of social responsibility of...

A large body of literature finds that managerial overconfidence increases risk-taking by financial institutions. This paper shows that financial regulation can be effective at mitigating this type of risk. Exploiting regulatory changes introduced after the financial crisis as a natural...

Today's dynamic business environment has pushed service-oriented firms such as banks to collaborate with external partners through open innovation (OI) to address issues of service differentiation, optimize customer experience, and create effective open innovation strategies (OIS). However, the...

Digital transformation has become a notorious topic in the financial sector, as its implementation brings about a positive change in the user experience. Its relevance is seen in how scientists study it from different points of view, while it attracts the interest of financial institutions, as...

The financial sector in advanced economies has undergone significant evolution driven by restructuring, globalization, and the digital revolution, which have profoundly shaped its developmental dynamics. This study investigates the forces behind the growth and convergence of the financial sector...

This paper explores the challenges and prospects associated with the adoption of Islamic banking in Afghanistan. Despite the global growth and acceptance of Islamic banking by approximately 50 countries by 1997, Afghanistan only embraced it between 2008-2009. The decision to convert conventional...

The current study investigates the role of eXtensible Business Reporting Language (XBRL) on the transparency and efficiency of information disclosure in Jordanian financial companies. Based on a sample of 124 respondents, including accountants, academics, and auditors with a background in XBRL....

This paper focuses on the economic and societal impact of women in the Dutch financial sector during the period 1898-1940 by examining a dozen organisations in banking, insurance as well as brokerage, and by examining a dozen pioneering women with senior positions in finance. During this period,...

This study investigates the relationship between financialisation and economic growth in Croatia, focusing on the period from 1995 to 2021. Using time series econometric models, including the Augmented Dickey-Fuller test for stationarity, Johansen's cointegration test for long-term...

This study investigates the impact of Environmental, Social, and Governance (ESG) investments on corporate debt financing (CDF) in the BRICS (Brazil, Russia, India, China, and South Africa) economies throughout 2010 to 2022. A central aspect of this research is the moderating role of financial...

This study employs the dynamic panel threshold estimation technique to examine whether the influence of financial inclusion on stability varies across countries with different levels of institutional development. This study analyzes 11,209 observations of bank-level data from 78 developed and...

The dynamic impact of financial market capitalisation on South Africa's unemployment and economic growth is empirically explored in this study using the finance-augmented Solow model framework. South Africa's high rate of structural unemployment and its robust financial market, which is at the...

The adoption of electronic payments has increased globally, driving economic growth by enabling smoother transactions. Digital payments enhance speed, security, trust, and efficiency, prompting governments to implement policies that promote financial inclusion through new payment technologies....

The rapid advancement of artificial intelligence (AI) technologies, particularly generative AI and large language models (LLMs), has ushered in a new era of possibilities for the financial sector. This paper explores the integration of these cutting-edge technologies into financial sector risk...

The EU Corporate Sustainability Reporting Directive (CSRD) presents both challenges and criticisms, but it will also offer more ESG information for financial institutions' investments and exposures. Banks and investors are realizing that addressing the supervisory expectations about...

Digitalization of the global economy, catalysed by advancements in blockchain technology and the rise of cryptocurrencies, has led to a paradigm shift in the monetary landscape. Central Bank Digital Currencies (CBDCs) have emerged as a transformative force with the potential to revolutionize...

Institutional investors, such as investment funds, are playing an increasingly important role in residential real estate markets. This raises the possibility that their actions might drive aggregate market outcomes and may change how and which macrofinancial shocks transmit to house prices. In a...

Purpose - This paper investigates whether financial sector development promotes economic globalization (EG) using data from 45 African countries. Design/methodology/approach - Using panel data of the selected African countries, the two-step system generalized method of moments estimation...

Purpose - The literature review stated that financial inclusion (FI) influences economic growth through different channels. Hence, this paper aims to investigate the underlying process of FI in Egypt theoretically, and to derive some policy implications for promoting the process and achieving...

This paper investigates the effect of digital financial inclusion, creative innovations, and green finance on the stability of the national banking system in twenty-nine low-financially developed economies spanning the period 2011-2021. We demonstrate that digital financial inclusion promotion...

This study compares the sustainability of financial innovation, development, and economic growth in India and China, considering macro-economic factors like globalization, inflation, and monetary policies. It addresses the impact of financial development on sustainable economic growth by...