Does a Link Exist Between Digital Finance, Green Finance, and Social Finance?

Ozili, Peterson K (2025): Does a Link Exist Between Digital Finance, Green Finance, and Social Finance? Forthcoming in:

Abstract

Social finance is an emerging concept that seeks to increase financial flows to activities and projects that improve society and the world while generating financial returns. This chapter examines the link between digital finance, green finance, and social finance. It also explores the empirical link between people's interest in information about these three types of finance. The empirical analyses show a strong positive correlation between people's interest in digital, green, and social finance information. A unidirectional causality exists between interest in social and green finance information. People's interest in social finance information significantly negatively impacts their interest in digital finance information.In contrast, interest in social finance information significantly positively affects green finance information. The findings imply that social finance is linked to digital and green finance. Thus, policymakers should not explore social finance opportunities in isolation. Instead, they should investigate the intersection between digital, green, and social finance.

• Item Type: MPRA Paper
• Language: English
• Keywords: Digital finance, green finance, social finance, information, investment, society, environment.
• Subjects: G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages

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