← 論文一覧に戻る

グリーン交通転換における資金調達源構造最適化への理論的アプローチの進化

Еволюція теоретичних підходів до оптимізації структури джерел фінансування в умовах зеленої транспортної трансформації (原題)

(著者不明)

Економіка і регіонプレプリント2026-05-29#トランジション・ファイナンス経営インパクト: 資金調達対象セクター: transport
DOI: 10.26906/eir.2026.2(101).4645
原典: https://doi.org/10.26906/eir.2026.2(101).4645

🤖 gxceed AI 要約

日本語

本論文は、運輸企業の資金調達源構造の最適化に関する理論的アプローチの進化を検討する。古典的な資本コスト最小化モデルから、情報の非対称性、気候変動リスク、社会的・環境的要因を考慮した現代的概念への移行を分析し、グリーン・サステナブルファイナンスの概念に焦点を当てる。負債・株式・ハイブリッド手段を通じたグリーンファイナンスの実践的実装を探り、運輸インフラの近代化、電化、代替エネルギー導入への役割を示す。高い初期投資や規制依存などの課題も指摘し、財務効率と環境責任を統合した理論的枠組みの必要性を結論づける。

English

This paper examines the evolution of theoretical approaches to optimizing the funding structure of transport enterprises in the context of green transport transition. It analyzes the shift from classical cost-of-capital minimization models to modern concepts incorporating information asymmetries, climate change risks, and socio-environmental factors, focusing on green and sustainable finance. The practical implementation of green finance through debt, equity, and hybrid instruments is explored, demonstrating their role in modernizing transport infrastructure, electrification, and alternative energy adoption. Challenges such as high initial investment and regulatory dependence are identified, concluding with the need for an integrated theoretical framework combining financial efficiency and environmental responsibility.

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

📝 gxceed 編集解説 — Why this matters

日本のGX文脈において

日本の運輸業界では、グリーンボンドやサステナビリティ・リンク・ローン等のグリーンファイナンス活用が進む中、本論文は資金調達構造の理論的整理を提供し、SSBJ開示や投資家対応に資する。特に、電化やインフラ更新における資金調達手段の選択肢を体系的に示す点で、実務担当者に示唆を与える。

In the global GX context

This paper contributes to the global discourse on transition finance by providing a theoretical synthesis of green financing instruments for the transport sector. It aligns with TCFD/ISSB frameworks by linking climate risk to capital structure decisions, and offers a framework for evaluating green bonds and sustainability-linked loans in transport infrastructure modernization. The review of challenges (high upfront costs, regulatory dependence) is relevant for policymakers designing transition finance mechanisms.

👥 読者別の含意

🔬研究者:Provides a structured overview of theoretical models linking green finance to transport sector capital structure, useful for framing empirical studies.

🏢実務担当者:Offers a taxonomy of green financing instruments (debt, equity, hybrid) applicable to transport infrastructure projects, aiding in funding strategy decisions.

🏛政策担当者:Highlights regulatory dependencies and challenges in green transport financing, informing policy design for transition finance incentives.

📄 Abstract(原文)

As theoretical approaches to optimising the structure of transport enterprises’ funding sources have evolved, a shift has become evident from classical models, which focus exclusively on minimising the cost of capital, towards modern concepts that take into account information asymmetries, agency conflicts, climate change risks and other environmental and social factors. This article examines the evolution of theoretical approaches to optimising the structure of funding sources for transport enterprises in the context of the green transport transition. It explores the shift from classical cost-of-capital minimization models to modern concepts that account for information asymmetries, climate change risks, and socio-environmental factors. Particular attention is paid to the concept of green and sustainable finance, which integrates elements of market failure theory, environmental economics, stakeholder theory and modern approaches to enterprise valuation. Based on an analysis of domestic and international research, the practical implementation of green finance through debt, equity and hybrid instruments is explored, and their role in the modernisation of transport infrastructure, electrification, the introduction of alternative energy sources and intelligent management systems is demonstrated. It is established that the concept of green and sustainable financing provides the transport sector with powerful tools for implementing green transformation, yet is accompanied by certain challenges, such as high initial investment, procedural burdens and dependence on regulatory decisions. The article concludes that there is a need to develop a modern theoretical and methodological framework that integrates financial efficiency, environmental responsibility, and social acceptability into models to optimize the structure of funding sources. Further research should focus on developing integrated approaches to assessing the impact of green finance on the transport sector, from both financial and environmental and social perspectives.

🔗 Provenance — このレコードを発見したソース

🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録(無料・3キーワードまで)。

gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。