Financial regulation, digital currency, and risk management

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE Finance Research Letters Pub Date : 2025-04-09 DOI:10.1016/j.frl.2025.107279

Wei Zeng , Yongqian Tu , Xin Juan , Grace (Li) Tian

引用次数: 0

Abstract

Using data from 31 Chinese provinces and municipalities from 2011 to 2022, this study examines the impact of stringent financial regulations and digital currency on regional risk management. Results reveal that stringent financial regulation promotes regional risk management levels, the development of digital currency can improve regional risk management levels, strict financial regulation acts as a moderator in the relationship between digital currencies and risk management, and the development of digital currency has a threshold effect on regional risk management levels. This study empirically verifies the positive function of stringent financial regulation and digital currency development in improving regional risk management, providing policymakers a scientific foundation.

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金融监管、数字货币和风险管理

本研究利用2011年至2022年中国31个省市的数据，考察了严格的金融监管和数字货币对区域风险管理的影响。结果表明，严格的金融监管促进了区域风险管理水平的提高，数字货币的发展可以提高区域风险管理水平，严格的金融监管在数字货币与风险管理之间的关系中起调节作用，数字货币的发展对区域风险管理水平具有阈值效应。本研究实证验证了严格的金融监管和数字货币发展对改善区域风险管理的积极作用，为政策制定者提供了科学依据。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance