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Challenges to Sustainable Development in China’s Banking Industry: A Structural Equipment Modeling Approach for Fighting Phishing in China

Author

Listed:
  • Yanzhe Zhang

    (Northeast Asian Research Center of Jilin University
    Jilin University)

  • Yutong Shao

    (Jilin University)

  • Jian Zhang

    (School of International Economics and International Relations of Liaoning University)

Abstract

This research aims to explore how China’s banking industry is influenced by phishing. We used a statistical analysis method and the Structural Equation Model (SEM). The results show that the degree of public security force involvement, the function of telecom operators, the implementation of relative legislation initiatives, and the issues of cooperative governance are vital to limit the occurrence rate of phishing and related cybercrimes, which challenge the development of China’s banking industry. This research will hopefully guide Chinese policy makers to create and implement more progressive initiatives for preventing phishing and facilitate the development of China’s banking industry.

Suggested Citation

  • Yanzhe Zhang & Yutong Shao & Jian Zhang, 2024. "Challenges to Sustainable Development in China’s Banking Industry: A Structural Equipment Modeling Approach for Fighting Phishing in China," Public Organization Review, Springer, vol. 24(4), pages 1271-1292, December.
    • Handle: RePEc:kap:porgrv:v:24:y:2024:i:4:d:10.1007_s11115-023-00713-5
    DOI: 10.1007/s11115-023-00713-5
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