Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025)

Analysis on the Path of Science and Technology Promoting Green Finance Development-Based on TOE Perspective

Authors
Zhengshuo Sun1, *, Qizheng Wang2
1Beijing University of Financial Technology, Beijing, 101100, China
2International Business School, Beijing University of Financial Technology, 101100, Beijing, China
*Corresponding author. Email: 17731981620@163.com
Corresponding Author
Zhengshuo Sun
Available Online 22 December 2025.
DOI
10.2991/978-94-6463-916-2_27How to use a DOI?
Keywords
green financial development; Grounded Theory; TOE-R; influencing factors
Abstract

Against the background of the continuous advancement of the global sustainable development agenda and the accelerated implementation of the “ dual carbon” goal, green finance, as a key link between ecological environment protection and economic and social development, its development level directly affects the process and quality of green transformation. Therefore, it is particularly important to explore the key factors affecting the development of green finance and its internal relationship. This paper selects different subjects ( including enterprises, commercial banks, central banks and regulatory agencies) as the object of case analysis. Based on the Grounded Theory analysis method, this paper integrates the resource factor on the basis of the TOE framework, constructs a comprehensive model of TOE-R, deeply analyzes the impact of the four dimensions of technology, organization, environment and resources on the development of green finance, and specifically discusses the influencing factors under each dimension. The study found that a single factor is not enough to have a significant impact on the development of green finance. Among the four dimensions, the key factors that account for the largest number are ‘Technology research and development and application’ in the technical dimension, ‘Management system construction’ in the organizational dimension, ‘The development and trend of the market’ in the environmental dimension, and ‘R&D environment creation and investment’ in the resource dimension. In the overall data analysis, the environmental dimension accounts for the largest number, accounting for 40.66%. Among all the elements, the ‘The development and trend of the market’ of the environmental dimension accounts for 11.27% of the total, which plays a vital role in promoting the development of enterprise green finance.

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 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
22 December 2025
ISBN
978-94-6463-916-2
ISSN
2352-5428
DOI
10.2991/978-94-6463-916-2_27How 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  - Zhengshuo Sun
AU  - Qizheng Wang
PY  - 2025
DA  - 2025/12/22
TI  - Analysis on the Path of Science and Technology Promoting Green Finance Development-Based on TOE Perspective
BT  - Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025)
PB  - Atlantis Press
SP  - 223
EP  - 238
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-916-2_27
DO  - 10.2991/978-94-6463-916-2_27
ID  - Sun2025
ER  -