Integrating ESG Goals with Financial Innovation in Chinese SMEs
- Authors: Fang C.1, Chernysheva J.G.1
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Affiliations:
- Rostov State University of Economics (RSUE)
- Issue: Vol 12, No 3 (2025)
- Section: Articles
- URL: https://journals.rudn.ru/in-econ/article/view/48811
- ID: 48811
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Abstract
Against the backdrop of digital transformation and sustainability imperatives, Chinese small and medium-sized enterprises (SMEs) face escalating pressure to enhance financial transparency, operational efficiency, and long-term resilience. This research explores the mechanisms through which financial monitoring innovations facilitate sustainable development for Chinese SMEs. Grounded in the Resource-Based View (RBV) and Sustainable Business Model (SBM) theories, it analyzes the developmental trajectories of innovative tools and validates their roles in optimizing resource allocation, boosting operational efficiency, and integrating ESG objectives through case-based analysis. The findings indicate that advanced financial monitoring tools not only strengthen internal management systems but also drive the realization of broader objectives, including environmental responsibility and financial resilience.
About the authors
Chenxi Fang
Rostov State University of Economics (RSUE)
Author for correspondence.
Email: 13707667297@163.com
Student, Rostov State University of Economics
344002, Russia, Rostov-on-Don, Bolshaya Sadovaya str., 69Julia Garyevna Chernysheva
Rostov State University of Economics (RSUE)
Email: 13707667297@163.com
ORCID iD: 0000-0003-3332-2957
Scopus Author ID: 57193854072
Associate Professor of the Faculty of Economics, Economics and Management of the National Economy (Entrepreneurship), Associate Professor of the Department of Applied Mathematics and Artificial Intelligence Technology
344002, Russia, Rostov-on-Don, Bolshaya Sadovaya str., 69References
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