The transmission mechanism and buffering strategies of social mentality fluctuations on systemic financial risks in cross-cultural contexts

Based on environmental psychology, cross-cultural psychology, and financial risk theory, this study explores the transmission mechanisms of social mentality fluctuations on systemic financial risk in cross-cultural contexts through panel data analysis of eight countries including China, the United States, Germany, and Japan from 2019-2024, employing structural equation modeling and other methods. The research findings show that: social mentality fluctuations have significant transmission effects on financial risk (β=0.347), with East Asian collectivist countries demonstrating significantly higher transmission intensity (0.587) than Western individualist countries (0.463); the transmission mechanism operates through four mediating pathways including market liquidity and information transmission efficiency; cultural values and economic uncertainty have significant moderating effects on the transmission mechanism. This research provides theoretical foundation and practical guidance for constructing cross-cultural financial risk buffer strategies.