互联网和数字技术在金融市场的应用形成了金融科技。然而,由于最初的股东主义治理滞后于技术进步,金融科技不仅未能充分发挥互联网平台双边市场创造潜力,而且加剧了金融市场不稳定。2007年全球金融危机爆发以后,为了应对股东主义带来的治理缺陷,发达经济体对金融市场的发展战略进行了重大调整,开始在世界经济范围内推广以ESG理念和实践为代表的利益相关者治理,试图弥补金融市场发展在社会资本积累上的短板,重构其本土社会关系,修复相应的新产业和市场创造能力,并由此实现金融市场的可持续发展。因此,中国亟须采用纳入ESG框架下的金融市场发展战略,实现从股东主义向包括股东在内的利益相关者治理发展和完善的拓展,运用金融科技重构金融市场,应对发达经济体金融市场发展战略调整带来的冲击。
<<The application of Internet and digital technology in the financial market has formed the financial technology. However,as the initial shareholder governance lagged behind technological progress,fintech not only failed to give full play to the bilateral market creation potential of the Internet platform,but also exacerbated the instability of the financial market. After the outbreak of the global financial crisis in 2007,in response to the shareholders,the governance flaws,developed economies to the financial market development strategy has carried on the significant adjustment,began in the scale of the world economy represented by ESG concept and practice of stakeholder governance,trying to make up for financial market development in social capital accumulation,to reconstruct the local social relations,Restore the corresponding new industries and market creation capacity,and thus achieve the sustainable development of financial markets. Therefore,it is urgent for China to adopt the financial market development strategy under the framework of ESG,expand from shareholder doctrine to the development and improvement of stakeholder governance including shareholders,reconstruct the financial market with financial technology,and cope with the impact brought by the adjustment of financial market development strategy of developed economies:
<<Keywords: | Financial MarketFintechESG |