This article presents research aspects about e-finance influencing financial service businesses and financial markets. The authors contend that the arrival of the internet, as well as other electronic communications, has deeply changed numerous features of the financial industry. The article reviews the position of e-finance around the world by analyzing its impact on firms offering financial services and on the financial markets.
The article has successfully reviewed the implications of e-finance on customer and investor protection, its regulation, competition strategy, and international public policy. The authors back their outcomes by analyzing financial organizations and industries that make the extensive utilization of the internet and other electronic communications. This assessment evidences that the application of electronic communication has stimulated the provision of financial services. This has further been backed by over one hundred scholars who have positively cited this article in their studies.
This article examines the connection between information technology and the shift of financial operations. The authors assess the geographical claim of firms for customer service relations. The project of this article is to consider the field in which information technology changes the applicable importance of localized profits against unit costs in the firm’s location and renting choices. The authors successfully employ a mathematical framework to evaluate the balance between an organization’s profits and unit costs to attain investigational assumptions regarding the impact of information technology in making decisions. I find the article favorable, but other scholars have not cited it perhaps because it was issued recently.
The authors investigate the circumstances under which companies are likely to chase equity investment in new undertakings as a way of obtaining inventive ideas. The authors concentrate on a single approach available for companies to obtain external knowledge. They investigate the circumstances under which reputable companies source innovative concepts through ventures in external business undertakings.
The article utilizes a wide-ranging archival literature approach that examines the antecedents and impacts of external research and development costs. The authors conclude that established companies may opt to tap into the information yielded by novel undertakings as a way of improving their new ideas. Over two hundred scholars have cited this article by advancing the idea that business ventures are expected to be the source of highly important and inventive ideas.
The journal demonstrates the distinctiveness of information technology outsourcing in the financial service sector and proposes a decision model, which can assist companies to reduce their risks. The paper concludes that both administrative demands, in conjunction with the need for innovation and shifting in technological aspects, as well as cost management, are important in firms that are not only greatly competitive but as well aggressive.
The authors consider information expertise outsourcing as a vital tool in addressing the problems facing the financial sector. The authors successfully employ an information technology outsourcing model to prove their research by capturing various significant outsourcing contracts in the financial sector. The article has been cited just once as it was only issued in 2013.
This article presents an outline of the position of electronic finance and discusses related matters and setbacks facing e-finance. The authors have presented information regarding the growth of electronic finance in the past ten years. The paper provides improvements and modernisms in electronic finance and setbacks encountering the financial sector and information technology organization.
The authors used the archival approach in analyzing the relevant literature, preparing, and demonstrating the subjects to present an outline of the electronic finance position. The article affirms that electronic finance builds on new firms’ frameworks and practices, and needs novel models and software to position finance evidently as a service hub within firms. Over twenty scholars have favorably cited the article supporting its result that the impact of e-finance on the financial industry is apparent.
The article examines competition models and approaches when technology constantly shifts. The article contends that even though technological improvements surpass prevailing technologies, there are efficiently reasonable hurdles to venture into innovative technologies. The authors conclude that these financial hurdles in conjunction with constant technological transformations have implication features on strategy, for instance, entry using innovative technologies, entry regulations, and increasing dedication.
The authors have used the example of the business revolution in the steel industry to support their findings. The article has received fewer citations from other scholars owing to the limitation that it fails to capture the different ways in which different companies manage technological innovations.
The article presents a chronology of rapid technological transformations in the global financial sector. The authors used an archival approach to bring out the radical transformations in the global financial sector. This was mostly so in the explanation of anti-trust and anti-supremacy performances in the light of modern technological and financial realities and concerning national political inclinations. Modern national and global economic relations showed harshly contrasting types of differing behavior.
The article used several examples, for instance, the global economic systems such as the World Bank as well as multilateral regulations and organizations in international finance. This has made the article be favorably cited by over ten scholars in the past five years.
Works Cited
Allen, Franklin, James McAndrews, and Philip Strahan. “E-finance: an introduction.” Journal of Financial Services Research 22.1-2 (2002): 5-27.
Arasteh, Abdollah, et al. “Role of information technology in business revolution.” The International Journal of Advanced Manufacturing Technology 53.1-4 (2011): 411-420.
Dushnitsky, Gary, and Michael Lenox. “When do firms undertake R&D by investing in new ventures?” Strategic Management Journal 26.10 (2005): 947-965.
Gonzalez, Reyes, Juan Llopis, and Jose Gasco. “Information technology outsourcing in financial services.” The Service Industries Journal 33.9-10 (2013): 909-924.
Shahrokhi, Manuchehr. “E-finance: status, innovations, resources, and future challenges.” Managerial Finance 34.6 (2008): 365-398.
Tang, Ming‐Je, and Zenon Zannetos. “Competition under continuous technological change.” Managerial and Decision Economics 13.2 (1992): 135-148.
Vaitsos, Constantine. “Radical technological changes and the new ‘order’ in the world economy.” The European Journal of Development Research 1.1 (1989): 60-84.