Finance 4 .0 – What changes in corporate finance are introduced by the fourth industrial revolution Cover Image

Wpływ gospodarki 4.0 na finanse przedsiębiorstwa
Finance 4 .0 – What changes in corporate finance are introduced by the fourth industrial revolution

Author(s): Michał Ficenes, Adam Szymko
Subject(s): Economy, Business Economy / Management
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: Industry 4.0; Financial management; Risk management; Finance 4.0; Future finance; Financial reporting

Summary/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.

  • Issue Year: 2018
  • Issue No: 34
  • Page Range: 27-39
  • Page Count: 13
  • Language: Polish