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982 Results Found

  • Article
  • Open Access

Environmental Auditing, Public Finance, and Risk: Evidence from Moldova and Bulgaria

  • Luminita Diaconu,
  • Biser Krastev,
  • Elena Georgieva and
  • Radosveta Krasteva-Hristova
J. Risk Financial Manag.2025, 18(12), 683;https://doi.org/10.3390/jrfm18120683 
(registering DOI)

2 December 2025

The recent expansion of sustainability studies has reshaped corporate governance and public oversight with direct implications for financial exposure and risk management. In particular, environmental auditing generates decision-useful signals on envi...

  • Article
  • Open Access
4 Citations
2,357 Views
21 Pages

7 April 2024

In response to the escalating global climate change, countries are progressively adopting green public finance as a crucial instrument for achieving carbon neutrality. This study considers energy conservation and emission reduction (ECER) in demonstr...

  • Article
  • Open Access
10 Citations
4,790 Views
16 Pages

Impact of Governments’ Fiscal Behaviors on Public Finance Sustainability: A Comparative Study

  • Mihaela Onofrei,
  • Tudorel Toader,
  • Anca Florentina Vatamanu and
  • Florin Oprea

27 March 2021

The aim of this research is to highlight the specificity of fiscal sustainability in some developing EU countries by analyzing the implications of fiscal rules on governments’ fiscal behaviors. We employ a panel data analysis to evaluate developing E...

  • Article
  • Open Access
2 Citations
2,292 Views
13 Pages

21 June 2024

Greening the environment cannot be achieved satisfactorily, considering that the private sector lags behind the public sector in participation levels. The purpose of this study was to determine the reasons behind the gap in green finance between the...

  • Article
  • Open Access
9 Citations
5,089 Views
24 Pages

Challenges and Vulnerabilities on Public Finance Sustainability. A Romanian Case Study

  • Ionel Bostan,
  • Carmen Toderașcu and
  • Anca Florentina Gavriluţă (Vatamanu)

Given the contradiction between the current demands for sustainability and the way that the financial system works, this paper explored in a retrospective and a prospective view, Romanian Public Finance Sustainability, highlighting the major challeng...

  • Article
  • Open Access
5 Citations
2,301 Views
11 Pages

27 January 2022

Previous research indicates that small-loan financing is a highly complex process, particularly when public sources provide financial support. This study applies propensity score matching to improve the effectiveness of closer inspection systems. Spe...

  • Article
  • Open Access
2 Citations
4,588 Views
19 Pages

4 January 2020

The aim of this paper is to gain new knowledge about illicit tobacco trade in Western Balkan countries and its effects on public finance sustainability. It includes an estimation of the volume of illicit tobacco trade, identifying and quantifying the...

  • Article
  • Open Access
19 Citations
4,484 Views
18 Pages

22 January 2020

This paper investigates the impact of the adoption of public support on the performance of public–private partnership (PPP) projects as perceived and measured by the different actors involved. In particular, the public support investigated by t...

  • Article
  • Open Access
4 Citations
3,598 Views
23 Pages

Analysis of the Impact of State-Owned Banks on the Sustainability of Public Finances

  • Nadiia Davydenko,
  • Svitlana Boiko,
  • Olena Cherniavska and
  • Maryna Nehrey

6 September 2023

This paper aims to provide a retrospective assessment of Ukraine’s state policy concerning state-owned banks and evaluate their impact on the sustainability of Ukraine’s public finances. The research methodology employs an empirical study...

  • Article
  • Open Access
2 Citations
2,338 Views
20 Pages

30 April 2024

Sacral historical monuments are primarily places of prayer, but also objects performing numerous other functions. These are public goods, including cultural goods that build national identity. Their preservation in the right condition is important no...

  • Article
  • Open Access
263 Views
20 Pages

18 November 2025

The issue of the quality of public finances is gaining importance in light of long-term fiscal sustainability challenges. The Recovery and Resilience Facility (RRF) can play a role in improving the quality of public finances by reshaping the composit...

  • Article
  • Open Access
19 Citations
6,034 Views
25 Pages

26 October 2018

This study investigates the causal relationship between public investment and sovereign debt (i.e., external and domestic public debt) with respect to the limits of public-debt sustainability for four countries with the highest GDP (i.e., the United...

  • Article
  • Open Access
105 Views
17 Pages

Dental Care and Oral Health Within the Framework of Bulgarian Public Health Financing

  • Ralitsa Raycheva,
  • Ivelina Popova-Sotirova and
  • Nina Musurlieva

25 November 2025

Background/Objectives: Oral health is a critical component of public health, yet disparities in access and financing remain significant. In Bulgaria, dental services are financed through the National Health Insurance Fund and patient co-payments, wit...

  • Article
  • Open Access
4 Citations
2,256 Views
19 Pages

Rural–Urban Differences in Solar Renewable Energy Investments Supported by Public Finance in Poland

  • Joanna Rakowska,
  • Mariusz Maciejczak,
  • Iwona M. Batyk and
  • Eliza Farelnik

13 November 2022

The deployment of renewable energy (RE) needs to be policy-driven and supported by public funds. Hence, the aim of this study was to find out whether urban and rural areas benefit from public funds for RE deployment equally and whether factors determ...

  • Article
  • Open Access
29 Citations
3,324 Views
14 Pages

Linking Public Finances’ Performance to Renewable-Energy Consumption in Emerging Economies of the European Union

  • Nicoleta Mihaela Florea,
  • Roxana Maria Bădîrcea,
  • Georgeta-Madalina Meghisan-Toma,
  • Silvia Puiu,
  • Alina Georgiana Manta and
  • Dorel Berceanu

3 June 2021

Implementing public policies linked to sustainable development is a global challenge for most countries that focused their efforts on identifying and improving the factors that led to environment degradation. The current paper analyzes the influence...

  • Article
  • Open Access
21 Citations
5,465 Views
21 Pages

The Implication of Fiscal Principles and Rules on Promoting Sustainable Public Finances in the EU Countries

  • Mihaela Onofrei,
  • Anca Gavriluţă (Vatamanu),
  • Ionel Bostan,
  • Florin Oprea,
  • Gigel Paraschiv and
  • Cristina Mihaela Lazăr

1 April 2020

The purpose of this study was to analyze fiscal behavior in the European Union countries, to highlight the implications of institutional constraints on healthy fiscal attitudes, and to test the relationship between government decisions, fiscal respon...

  • Article
  • Open Access
2,270 Views
24 Pages

This study assesses public trust in Bahrain regarding the potential of artificial intelligence (AI) to mitigate the use of cryptocurrencies in financial fraud and terrorist financing. The increasing risks associated with illicit financial activities...

  • Article
  • Open Access
20 Citations
5,873 Views
13 Pages

12 April 2018

Expenditure and financing aspects in the healthcare system in general, and in cancer care in particular, are subjects of increasing concern to the medical community. Nowadays, it is imperative for the healthcare system to respond to the challenge of...

  • Article
  • Open Access
386 Views
21 Pages

The Role of Economic and Public Finance Tools in Achieving Energy Transition in Europe

  • Alina Cristina Nuta,
  • Rena Huseynova,
  • Florentin Emil Tanasa and
  • Florian Marcel Nuta

13 November 2025

Europe’s decarbonization calls for an increase in the resources used to ensure a fairer transition. The objective of this study is to evaluate the role of public finance in the decarbonization process, considering the context of various uncerta...

  • Article
  • Open Access
3 Citations
3,905 Views
21 Pages

5 October 2024

This study leverages explainable artificial intelligence (XAI) techniques to analyze public sentiment towards Environmental, Social, and Governance (ESG) factors, climate change, and green finance. It does so by developing a novel multi-task learning...

  • Article
  • Open Access
74 Citations
20,910 Views
18 Pages

19 July 2018

The fossil fuel divestment movement campaigns for removing investments from fossil fuel companies as a strategy to combat climate change. It is a bottom-up movement, largely based in university student groups, although it has rapidly spread to other...

  • Article
  • Open Access
8 Citations
5,784 Views
24 Pages

Supreme Audit Institutions and Sustainability of Public Finance. Links and Evidence along the Economic Cycles

  • Ionel Bostan,
  • Mihaela Brindusa Tudose,
  • Raluca Irina Clipa,
  • Ionela Corina Chersan and
  • Flavian Clipa

30 August 2021

Against the backdrop of concerns for diminishing the vulnerabilities of the economies of the Member States, the EU has adopted measures to strengthen budgetary discipline and control of the public deficit. In this context, the responsibility of gover...

  • Article
  • Open Access
3 Citations
2,934 Views
19 Pages

17 June 2021

At a time when the world economy is being affected by the COVID-19 pandemic, we are more aware than ever of the importance of the sustainability of public finances. This paper outlines its importance by discussing transfer prices and their fiscal ass...

  • Article
  • Open Access
3 Citations
6,494 Views
35 Pages

16 March 2023

This paper defines Conditional Token (CT) as the token with specific conditions and proposes the use functions for its operations in smart contract so that it can be deployed at the public blockchain. If CTs were exchanged to/equivalent to fiat curre...

  • Article
  • Open Access
4 Citations
3,050 Views
25 Pages

23 October 2020

The purpose of the paper is to study the financing models in order to drive the large amount of financial resources, already allocated for energy efficiency, to improve the quality of cities. These resources are being deployed worldwide by both publi...

  • Article
  • Open Access
3 Citations
2,428 Views
15 Pages

13 June 2024

Financing frameworks for Public–Private Partnerships (PPPs) are lacking in developing countries. This study aims to develop a financing framework for adoption for water and sanitation PPP infrastructure projects in Zimbabwe. Using data covering...

  • Article
  • Open Access
4 Citations
7,430 Views
18 Pages

Fiscal Responsibility Legal Framework—New Paradigm for Fiscal Discipline in the EU

  • Mihaela Tofan,
  • Mihaela Onofrei and
  • Anca-Florentina Vatamanu

21 July 2020

This paper aims at studying the legal aspects of the European Union (EU)’s fiscal policy, analyzing the statute of fiscal responsibility legal framework, the different measures undertaken in the last years with respect to European trends in fis...

  • Article
  • Open Access
5 Citations
4,263 Views
19 Pages

Global turbulence and uncertainty force civil servants and executors to optimise public finance distribution. The COVID-19 pandemic aligned with the necessity of assessing the efficiency of healthcare financing due to its capability in overcoming the...

  • Article
  • Open Access
1 Citations
4,340 Views
21 Pages

Analysis of the Capital Structure in Sustainable Infrastructure Systems: A Methodological Approach

  • Juan David González-Ruiz,
  • Sergio Botero-Botero and
  • Alejandro Peña

5 October 2022

Many countries require financial mechanisms, leading to increasing coverage through sustainable infrastructure systems (SISs). However, establishing such mechanisms demands innovative approaches and analyses that contribute to the development of fina...

  • Article
  • Open Access
8 Citations
7,066 Views
15 Pages

8 May 2015

Public-private partnerships (PPP) can be employed to provide public rental housing for young graduates, which has been urgent to achieve social sustainability in China. However, few studies have been conducted to investigate the financing structure o...

  • Article
  • Open Access
18 Citations
2,402 Views
14 Pages

21 June 2022

With the emergence of various online trading technologies, fraudulent cases begin to occur frequently. The problem of fraud in public trading companies is a hot topic in financial field. This paper proposes a fraud detection model for public trading...

  • Article
  • Open Access
5 Citations
2,065 Views
16 Pages

26 December 2022

The financing issue is increasingly becoming a key problem for brownfield remediation in public land ownership, and Public Private Partnership (PPP) mode is considered a potentially effective solution. However, some barriers impede the utilization of...

  • Article
  • Open Access
2 Citations
2,502 Views
15 Pages

26 October 2023

The Portuguese First Republic (1910–1926) was marked by significant instability at the most diverse levels. With a special focus on the financial dimension of this period, the objective of this paper is to test the sustainability of the Portugu...

  • Article
  • Open Access
16 Citations
8,028 Views
17 Pages

Digital Transformation of Public-Private Partnership Tools

  • Lyudmila Tolstolesova,
  • Igor Glukhikh,
  • Natalya Yumanova and
  • Otabek Arzikulov

The need for modern infrastructure as a prerequisite for sustainable development, poverty alleviation, and improvement of the quality of life of the population is a global problem that requires searching for and attracting large amounts of long-term...

  • Article
  • Open Access
19 Citations
4,401 Views
28 Pages

21 October 2019

Poland is affected not only by a persistent regional differentiation but also by an internal polarization of regional development levels, particularly in rural areas. Local government authorities, especially municipalities, play an important role in...

  • Review
  • Open Access
1 Citations
2,065 Views
31 Pages

Potential Financing Mechanisms for Green Hydrogen Development in Sub-Saharan Africa

  • Katundu Imasiku,
  • Abdoulaye Ballo,
  • Kouakou Valentin Koffi,
  • Fortunate Farirai,
  • Solomon Nwabueze Agbo,
  • Jane Olwoch,
  • Bruno Korgo,
  • Kehinde O. Ogunjobi,
  • Daouda Koné and
  • Moumini Savadogo
  • + 1 author

21 August 2025

Green hydrogen is gaining global attention as a zero-carbon energy carrier with the potential to drive sustainable energy transitions, particularly in regions facing rising fossil fuel costs and resource depletion. In sub-Saharan Africa, financing me...

  • Article
  • Open Access
13 Citations
3,879 Views
20 Pages

The influence of national health level in the stability and sustainable development of national society is increasingly prominent. The purpose of this study is to examine whether, when, and how national fitness policies exert influence on national he...

  • Article
  • Open Access
31 Citations
9,883 Views
14 Pages

Public Debt, Public Investment and Economic Growth in Mexico

  • Isaac Sánchez-Juárez and
  • Rosa García-Almada

The primary objective of this article is to answer the following two research questions: has the growing public debt of state governments promoted increased public investment? If the answer is yes, then does any increase in public investment lead to...

  • Article
  • Open Access
5 Citations
8,217 Views
15 Pages

Financing Cocaine Use in a Homeless Population

  • Carol S. North and
  • David E. Pollio

25 October 2017

Background: Cocaine use is highly prevalent among homeless populations, yet little is known about how it is financed. This study examined associations of income sources with cocaine use and financing of drugs in a longitudinal evaluation of a homeles...

  • Article
  • Open Access
749 Views
23 Pages

Transforming Social Assistance into Entrepreneurial Empowerment: UMi as a Public Sector Innovation in Indonesia

  • Nisa Novia Avien Christy,
  • Syahrir Ika,
  • I Ketut Ardana,
  • Radna Andi Wibowo,
  • Prameshwara Anggahegari,
  • Lokot Zein Nasution,
  • Darwin,
  • Suryaneta,
  • Juni Hestina and
  • Roosganda Elizabeth

4 November 2025

The Ultra-Micro (UMi) financing program represents a significant public sector innovation in Indonesia’s approach to poverty alleviation and financial inclusion. Initially conceived as a social assistance initiative, UMi has evolved into a stra...

  • Article
  • Open Access
35 Citations
9,731 Views
22 Pages

2 July 2020

The 2030 Agenda for Sustainable Development brought the critical challenge of how private capital can support its new goals—the Sustainable Development Goals (SDGs)—to the attention of finance, business and policy actors. Impact finance i...

  • Article
  • Open Access
1,300 Views
24 Pages

This study addresses regional disparities and the dynamic evolution of China’s science and technology finance integration (STFI) by constructing a composite index system using the entropy method. Recognizing the limitations of subjective weight...

  • Article
  • Open Access
30 Citations
4,323 Views
23 Pages

22 November 2018

Companies are very important contributors to the long-term sustainable wealth of economies and society. Public companies are likely to be especially important for economic, environmental, and social development. That is why we focus on initial public...

  • Article
  • Open Access
6 Citations
3,332 Views
23 Pages

28 December 2020

Budgetary constraints are prompting many governments to encourage private financing of transport infrastructure through public–private partnerships (PPPs). Fiscal support measures are often used to improve the financial feasibility of PPPs and...

  • Concept Paper
  • Open Access
1 Citations
3,032 Views
8 Pages

This concept paper synthesises the special issue with an integrated discussion of all four papers published therein, from the viewpoint of the theme of this special issue: opportunities and challenges for future empirical research in corporate financ...

  • Article
  • Open Access
4 Citations
2,883 Views
19 Pages

4 April 2024

Environmental pollution and resource waste in Chinese cities have become important obstacles to sustainable economic development, and it is urgent to change the mode of economic development and improve the quality of economic development. In response...

  • Article
  • Open Access
2 Citations
2,306 Views
14 Pages

18 November 2021

The development of public transport systems is related to the implementation of modern and low-carbon vehicles. Over the last several years, there has been a clear progress in this field. The number of electric buses has increased, and the first solu...

  • Article
  • Open Access
11 Citations
2,829 Views
25 Pages

With rapid economic development, green technological innovations are playing an important role in the sustainable development of enterprise. When the public is concerned about the environment and values environmental information disclosures, it makes...

  • Article
  • Open Access
7 Citations
6,610 Views
9 Pages

Local politicians and team owners frequently argue that the public financing of stadiums is important for local economic development. The sports economics literature, however, has largely found that new professional sport facilities do not generate a...

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