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Confucian cultural tradition, corporate green finance preferences, and corporate credit availability

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  • Liu, Hongliang
  • Ge, Mei

Abstract

This paper analyzes the impact of Confucian cultural tradition and corporate green finance preferences on corporate credit availability (CCA) using data from A-share listed companies from 2014 to 2023, applying a fixed effects model. The results indicate that Confucian cultural tradition effectively enhances CCA, and corporate green finance preferences significantly increase CCA. Moderating effect analysis reveals that Confucian cultural tradition plays a moderating role in the relationship between corporate green finance preferences and CCA. Heterogeneity analysis shows that the influences of Confucian cultural tradition and corporate green finance preferences on CCA exhibit heterogeneity between state-owned enterprises (SOEs) and private enterprises (PEs).

Suggested Citation

  • Liu, Hongliang & Ge, Mei, 2026. "Confucian cultural tradition, corporate green finance preferences, and corporate credit availability," Finance Research Letters, Elsevier, vol. 91(C).
    • Handle: RePEc:eee:finlet:v:91:y:2026:i:c:s1544612325025012
    DOI: 10.1016/j.frl.2025.109252
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    References listed on IDEAS

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