Europa Regionum

ISSN: 1428-278X    OAI    DOI: 10.18276/er.2018.34-03
CC BY-SA   Open Access 

Issue archive / t. 34 2018
Wpływ gospodarki 4.0 na finanse przedsiębiorstwa
(Finance 4 .0 – What changes in corporate finance are introduced by the fourth industrial revolution)

Authors: Michał Ficenes
Uniwersytet Warszawski Wydział Zarządzania Katedra Systemów Finansowych Gospodarki

Adam Szymko
Uniwersytet Szczeciński Wydział Zarządzania i Ekonomiki Usług Katedra Bankowości i Finansów Porównawczych
Keywords: Industry 4.0 Financial management Risk management Finance 4.0 Future finance Financial reporting
Year of publication:2018
Page range:13 (27-39)
Klasyfikacja JEL: G32
Cited-by (Crossref) ?:

Abstract

The goal of this article is to recognize challenges the industry 4.0 lays before the corporate management and members of financial markets, with particular consideration of financial management and risk management aspects. New technologies change business models of enterprises, simultaneously creating new opportunities to change the financial function. New categories and technologies like data science, machine learning, or artificial intelligence create new paradigm for financial management, which can be called finance 4.0. This paradigm will be reflected both in financial reporting and risk management, where new technologies create new challenges.
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