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International Journal of Social Sciences and Economic Management, 2021, 2(1); doi: 10.38007/IJSSEM.2021.020103.

The Function Mechanism of Legal Culture in Systematic Financial Risk Governance


Xia Li

Corresponding Author:
Xia Li

Jilin Justice Officer Academy, Jilin, China


As a basic culture of human society development for thousands of years, the legal culture affects the stability and development of society. Maintaining and promoting financial stability in recent years has always been the primary policy goal of the central bank, and systemic financial risk is a key factor affecting financial stability. Systematic financial risk governance plays an important role in overcoming the abnormal fluctuations of the macro economy and even avoiding the occurrence of financial crises. The law is the last of the national financial risk governance, and the overall direction of the national system financial risk governance. Inevitably, there is a legal culture that echoes a law, and a good legal culture will in turn promote the development of systemic financial governance. The role of legal culture in systemic financial governance is a matter of concern to all countries. In response to this problem, this paper first studies the concept and definition of legal culture, and divides the legal culture into four structures. Through the results of the questionnaire survey, the current status of the four levels of legal culture in financial risk governance is analyzed and the current shortcomings are pointed out. Finally, through further research, it affirmed the positive role of Chinese legal culture in the development of systemic finance.


Legal Culture, Systemic Financial Risk, Risk Governance

Cite This Paper

Xia Li. The Function Mechanism of Legal Culture in Systematic Financial Risk Governance. International Journal of Social Sciences and Economic Management (2021), Vol. 2, Issue. 1: 22-32. https://doi.org/10.38007/IJSSEM.2021.020103.


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