Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025)

Research on the Impact of Green Finance on the Performance of Small, Medium and Micro Enterprises

Authors
Peiyu Wang1, *
1Harbin University of Commerce, Harbin, 150028, China
*Corresponding author. Email: wangpeiyu@s.hrbcu.edu.cn
Corresponding Author
Peiyu Wang
Available Online 17 September 2025.
DOI
10.2991/978-94-6463-835-6_100How to use a DOI?
Keywords
Green finance; Micro and Small enterprises; Business performance
Abstract

The development of green finance is one of the paths to realize the sustainable development of contemporary society, and the flourishing development of green finance also promotes the progress of China’s micro and small economies. In this chapter, we construct a combination of green finance index of each province and city and China’s micro, small and medium-sized companies survey (CMES) to explore the effect of China’s green finance development on the performance of micro, small and medium-sized companies. The study concludes that: green finance can expand the investment channels of small and medium-sized firms to improve their performance; green finance has a more significant effect on the performance improvement of enterprises entering industrial parks compared to those not entering the parks; and when the development of green finance is greater than a certain level, the promotional effect of finance on the performance of micro and small firms is significantly enhanced.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
17 September 2025
ISBN
978-94-6463-835-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-835-6_100How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Peiyu Wang
PY  - 2025
DA  - 2025/09/17
TI  - Research on the Impact of Green Finance on the Performance of Small, Medium and Micro Enterprises
BT  - Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025)
PB  - Atlantis Press
SP  - 936
EP  - 946
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-835-6_100
DO  - 10.2991/978-94-6463-835-6_100
ID  - Wang2025
ER  -