Financial Management In The Digital Economy

Financial Management In The Digital Economy
Author: David Kuo Chuen Lee
Publisher: World Scientific
Total Pages: 180
Release: 2021-12-02
Genre: Business & Economics
ISBN: 9811230021

Financial Management in the Digital Economy adopts an integrated approach to synthesize the various areas in finance into a consolidated framework and implements the theories and practices in the world of digital economy. The first part of this book extends the fundamentals of asset management to digital assets, and also covers topics like cryptocurrency and blockchain technology. The next part of the volume discusses the concept of financial inclusion, digital innovations and technology-enabled business model innovations in the financial sector.This book reviews the finance and FinTech ecosystem to provide insights into the most important technological developments in the financial services to better understand the future trends, challenges as well as opportunities for both the incumbents and the start-ups in the fast-changing finance world.

Financial Management in the Digital Economy

Financial Management in the Digital Economy
Author: David Kuo Chuen Lee
Publisher: Singapore University of Social
Total Pages: 240
Release: 2021
Genre: Business & Economics
ISBN: 9789811231452

Financial Management in the Digital Economy adopts an integrated approach to synthesize the various areas in finance into a consolidated framework and implements the theories and practices in the world of digital economy. The first part of this book extends the fundamentals of asset management to digital assets, and also covers topics like cryptocurrency and blockchain technology. The next part of the volume discusses the concept of financial inclusion, digital innovations and technology-enabled business model innovations in the financial sector. This book reviews the finance and FinTech ecosystem to provide insights into the most important technological developments in the financial services to better understand the future trends, challenges as well as opportunities for both the incumbents and the start-ups in the fast-changing finance world.

Exploring the Financial Landscape in the Digital Age

Exploring the Financial Landscape in the Digital Age
Author: Thomas Andreas Maurer
Publisher: CRC Press
Total Pages: 831
Release: 2024-08-13
Genre: Business & Economics
ISBN: 1040149677

The Proceedings of the International Conference on Financial Management and the Digital Economy (ICFMDE 2023) offers an overview of research and insights into how financial management is evolving in the digital age. The book covers a broad spectrum from examining cryptocurrency trends to exploring fintech advancements. Topics also extend to digital transformation strategies, practical applications of blockchain technology, and the profound impact of digital innovations on financial markets. Through rigorous research and analysis, the proceedings offer valuable insights into the future trajectory of the global economy. Written for scholars, researchers, and industry professionals in finance, economics, and digital innovation, this collection provides valuable insights into the rapidly changing field of financial management. Readers will gain deep perspectives on how digitalization is reshaping financial landscapes worldwide.

Management Accounting in the Digital Economy

Management Accounting in the Digital Economy
Author: Alnoor Bhimani
Publisher: Oxford University Press, USA
Total Pages: 316
Release: 2003-11-13
Genre: Business & Economics
ISBN: 0199260389

The deployment of digital technologies by companies affects their functioning in economic terms, and also causes social, institutional and organizational effects. This book examines the way in which management accounting systems structures, thinking and practices are being altered as a result.

Digital Revolution in Sustainable Business Models and Finance Management

Digital Revolution in Sustainable Business Models and Finance Management
Author: Adam JabloĊ„ski
Publisher: Mdpi AG
Total Pages: 0
Release: 2023-05-24
Genre: Business & Economics
ISBN: 9783036576282

At present, the digital economy is creating a new approach to sustainable development. In particular, this relates to the transformation of the traditional economy via the influence of digitalization on finance management processes. The digital economy is affecting changes in resource management processes. Dynamic digital transformation processes are currently taking place and exerting influence on the shaping of new business models. Existing business models are changing, particularly in the context of their life cycle. The new economic model is rendered social factors more important in terms of creating value for people and the natural environment. Trust in financial institutions, which is also a factor in sustainable business models, is an important criterion for business research. Economic model based on the irresponsible use of natural resources have been heavily criticized for years, and societies have begun to reject business models that negatively impact the environment. The aim of this Special Issue is to present the results of research on the current trends and challenges related to the digital revolution in financial management for sustainable development, an issue that requires extensive research and analysis.

Financial Ecosystem and Strategy in the Digital Era

Financial Ecosystem and Strategy in the Digital Era
Author: Umit Hacioglu
Publisher: Springer Nature
Total Pages: 450
Release: 2021-06-14
Genre: Business & Economics
ISBN: 303072624X

This book analyses and discusses current issues and trends in finance with a special focus on technological developments and innovations. The book presents an overview of the classical and traditional approaches of financial management in companies and discusses its key strategic role in corporate performance. Furthermore, the volume illustrates how the emerging technological innovations will shape the theory and practice of financial management, focusing especially on the decentralized financial ecosystems that blockchain and its related technologies allow.

Management Accounting in the Digital Economy

Management Accounting in the Digital Economy
Author: Alnoor Bhimani
Publisher: OUP Oxford
Total Pages: 316
Release: 2003-11-13
Genre: Business & Economics
ISBN: 0191532002

There is mounting evidence that the deployment of digital technologies by enterprises affects not just their functioning in economic terms, but also mobilizes broader social, institutional, and organizational effects. At a technical level, digitization directly influences organizational processes. Notions of its potential also define managerial pursuits and the search for enhanced organizational performance. Inevitably, digitizatoin impacts the form, substance and provenance of internal accounting information with attendant consequences on the behaviour and actions of decision makers. Knowledge about the influence of digital technologies on management accounting thinking processes and practices is starting to emerge. A variety of issues relating to pricing strategies, cost management and control mechanisms are evident. But the implications for the field are far wider. Aspects of trust, organizational power, cultural shifts, strategization, convergence of product and information elements, and newly perceived contingencies between information dimensions and contextual factors are altering management accounting systems, structures, thinking, and practices. This book explores these and other issues along different planes of reference. The first part of the book consists of chapters that discuss accounting and management control systems and wider structural shifts connected with the advent of digital technologies. In the second section, the contributors analyse organizationally focused shifts occurring concomitantly alongside digital transformations in the economy. The final part of the book comprises chapters that consider avenues of accounting transformation that may be pursued in specific contexts both in terms of practice and as concepts that afford insights into possible management accounting futures. Broadly, the fourteen chapters of this book bring together practical commentaries, conceptual frameworks, and theoretical argumentation and explore wider narratives regarding the interface between management accounting and the digital economy. Management Accounting in the Digital Economy will be of interest to scholars, advanced students, and practitioners concerned with the management accounting and control implications of the growing ubiquity of digital technologies across organizational spaces and economic platforms.

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance
Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
Total Pages: 35
Release: 2021-10-22
Genre: Business & Economics
ISBN: 1589063953

This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Organisation Management in the Digital Economy

Organisation Management in the Digital Economy
Author: Anna Brzozowska
Publisher: CRC Press
Total Pages: 277
Release: 2022-06-09
Genre: Computers
ISBN: 100059713X

This book highlights the essence of information technology in the modern digital world in relation to improvements and threats to organisations and e-business in the era of the digital economy. Rapid IT development has created modern business proposals such as digital and virtual currencies, crowdfunding, peer-to-peer lending, mobile banking, online investing and new payment systems. This allows organisations and firms to increase competitiveness by using financial products and services, thus increasing their value. Information technology users receive significant timesaving and a choice of investment options. At the same time, there is a new challenge for regulators who must monitor how this or that technology affects the financial sector. The authors have collected and systematised information on the models of using information technology in e-business as well as issues of applying information technology in smart organisations and public institutions. The book addresses the issues of risk management in organizations and the problems of personal and social risks resulting from the use of information technology. In addition, the book presents a review of e-commerce sectors and models as well as e-commerce tools, international payment systems and modern money systems. Risks, threats and security rules for using banking services, e-commerce and payment systems are reviewed and systematised.

Exploring the Financial Landscape in the Digital Age

Exploring the Financial Landscape in the Digital Age
Author: Thomas Andreas Maurer
Publisher:
Total Pages: 0
Release: 2024-08
Genre: Business & Economics
ISBN: 9781032833309

The Proceedings of the International Conference on Financial Management and the Digital Economy (ICFMDE 2023) offers an overview of research and insights into how financial management is evolving in the digital age. The book covers a broad spectrum from examining cryptocurrency trends to exploring fintech advancements. Topics also extend to digital transformation strategies, practical applications of blockchain technology, and the profound impact of digital innovations on financial markets. Through rigorous research and analysis, the proceedings offer valuable insights into the future trajectory of the global economy. Written for scholars, researchers, and industry professionals in finance, economics, and digital innovation, this collection provides valuable insights into the rapidly changing field of financial management. Readers will gain deep perspectives on how digitalization is reshaping financial landscapes worldwide.