Towards Digitally Transforming Accounting and Business Processes (Springer Proceedings in Business and Economics)
This conference volume discusses the findings of the iCAB 2023 conference that took place in Johannesburg, South Africa. The University of Johannesburg (UJ School of Accounting and Johannesburg Business School) in collaboration with Alcorn State University (USA), Salem State University (USA) and Universiti Teknologi Mara (Malaysia) hosted the iCAB 2023 conference with the aim to bring together researchers from different Accounting and Business Management fields to share ideas and discuss how new...
This book is the first of its kind in several overlapping and rapidly developing fields that now dominate news headlines – among them the fields of crypto-currency, digital payments platforms, ‘fintech,’ and central bank digital currencies (‘CBDCs’). With crypto and fintech now threatening to transform finance in destabilizing and anti-democratic ways, and with China and other nations now digitizing their national currencies in the form of CBDCs that make the US dollar and national payments infr...
Insurance 4.0 (Palgrave Studies in Financial Services Technology)
by Bernardo Nicoletti
Industry 4.0 has spread globally since its inception in 2011, now encompassing many sectors, including its diffusion in the field of financial services. By combining information technology and automation, it is now canvassing the insurance sector, which is in dire need of digital transformation. This book presents a business model of Insurance 4.0 by detailing its implementation in processes, platforms, persons, and partnerships of the insurance companies alongside looking at future development...
Cryptocurrencies and digital assets are increasingly garnering interest from institutional investors. This is on top of the already strong support in place for cryptocurrencies such as Bitcoin from the retail investor. With this rapid growth has come a series of complex operational and regulatory compliance challenges. These challenges have become further exacerbated by the increasing pace of technological advances in areas such as decentralized finance (DeFi) tokenization, blockchain and distri...
Commodities as an Asset Class (Palgrave Studies in Classical Liberalism)
by Alan G. Futerman and Ivo Andres Sarjanovic
This book challenges the notion that commodities are always good hedges against inflation, which is the conventional belief today in financial markets. Specifically, it focuses on gold as a traditional hedge and the ways in which crypto assets are argued to be positioned as an alternative hedge against inflationary risk. The book engages with emerging debates around the performance of gold since the 2008 financial crisis, analyzing its characteristics, relationship with inflation, and the role...
Gevorg Hunanyan develops a model that provides a comprehensive theoretical framework to study the consequences of short-sale constraints on the stability of financial markets. This model shows that overpricing of securities is solely attributable to the subjective second moment beliefs of investors. Thus, short-sale constraints prevent a market decline only if investors have low dispersion of beliefs, which in the model is embodied in the covariance matrix. Moreover, the author analyses the cons...
We are bombarded with economic numbers: unemployment, retail sales, inflation, GDP—the list goes on and on. Some analyst or another is constantly telling us about an obscure statistic that is the key to our future, or is apparently the indicator that the "Fed" will be using to key off its decisions. With economic numbers playing such a central role in the national and world dialogue on policy and markets, and spilling over into the political arena, a broad review of what they are all about is ti...
Digitale Transformation im Controlling
Dieses Buch richtet sich primär an Controller:innen, die digitale Lösungen zur Optimierung ihres Unternehmenserfolgs einsetzen möchten. Viele Praxisbeispiele zeigen, welche Aspekte dabei zu beachten sind und wie sich mögliche Hindernisse überwinden lassen. Viele deutsche Unternehmen, insbesondere im Mittelstand, haben in puncto Digitalisierung im internationalen Vergleich weiterhin Nachholbedarf. Zwar wurde die Digitalisierung in den letzten Jahren vorangetrieben, jedoch schöpfen nur wenige Unt...
This edition reviews developments in local currency bond markets in emerging East Asia during the fourth quarter of 2023. While the size of these markets expanded by 2.5% quarter-on-quarter, local currency bond issuance contracted 4.8%. The publication notes improved liquidity in most of these markets in 2023. It includes summaries of the region's individual markets. It also looks at financial conditions in emerging East Asia between December 2023 and February 2024, noting marginal improvement.
Selected Works Of William T. Ziemba: A Memorial Volume (World Scientific Series in Finance, #0)
This book is a selection of the journal publications of William T Ziemba. Over a span of 50 years, Professor Ziemba contributed to a wide variety of disciplines including Stochastic Programming, Portfolio Theory, Sports Betting, and Risk Management. In his work he collaborated with academics and practitioners worldwide. Bill wrote for a variety of audiences. He was widely known as a leading practitioner of operations research methods applied to problems in financial planning and sports betting.P...
Gender Bias and Digital Financial Services in South Asia (Emerald Points)
by Dr Rashmi U. Arora
Several studies have shown that financial inclusion impacts poverty and income inequality and higher levels of financial inclusion lead to lower poverty and income inequality and promotes inclusive economic growth. However, the gender gap in access and usage of financial services remains pervasive across all the countries in South Asia. Patriarchal societies, low involvement of women in decision making, low empowerment of women, no voice in the family matters are some of the factors influenci...
Digital Transformation in Accounting and Auditing
This book elucidates the digital transformation of accounting by examining the countless challenges academic institutions encounter in the wake of technological progress. This underscores the importance of accountants in enhancing their skill set to align with today’s evolving digital landscape. The text evaluates cutting-edge technologies, such as artificial intelligence, data analytics, and blockchain, exploring their impact on accounting decision-making processes. Through a comprehensive anal...
An Arbitrage Guide to Financial Markets (The Wiley Finance, #453)
by Robert Dubil
"An Arbitrage Guide to Financial Markets" is the first book to explicitly show the linkages of markets for equities, currencies, fixed income and commodities. Using a unique structural approach, it dissects all markets the same way: into spot, forward and contingent dimensions, bringing out the simplicity and the commonalities of all markets. The book shuns stochastic calculus in favor of cash flow details of arbitrage trades. All math is simple, but there is lots of it. The book reflects the re...
Build, test, and tune financial, insurance or other market trading systems using C++ algorithms and statistics. You’ve had an idea and have done some preliminary experiments, and it looks promising. Where do you go from here? Well, this book discusses and dissects this case study approach. Seemingly good backtest performance isn't enough to justify trading real money. You need to perform rigorous statistical tests of the system's validity. Then, if basic tests confirm the quality of your ide...