Thinking of Corporation Financial Management Innovation in the Era of Big Data

DOI

10.2991/msmi-15.2015.83How to use a DOI?

Keywords

Big data, Corporation financial management, Innovation.

Abstract

The explosive increase of data amount and data complexity leads human society to the era of big data. In order to survive in the changed environment, corporation management needs to innovate immediately, especially the financial management department, where most data aggregates and gets analyzed. Given scarce researches on corporation financial management innovation in the era of big data, this paper summaries four opportunities and four challenges faced by corporation financial management nowadays, gives clear instructions of the no-border management and data resources expansion to prepare for the innovation, and explains how to effectively use big data to help corporation financial management innovate following the sequence of big data analysis and big data application. Though there will still be plenty of problems in this field as listed to be further discussed, this paper hopes to make an initial contribution and inspire more researches for future progress.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jun-Ya Cheng
AU  - Pei-Wu Dong
PY  - 2015/08
DA  - 2015/08
TI  - Thinking of Corporation Financial Management Innovation in the Era of Big Data
BT  - Proceedings of the 2015 International Conference on Management Science and Management Innovation
PB  - Atlantis Press
SP  - 450
EP  - 455
SN  - 2352-5428
UR  - https://doi.org/10.2991/msmi-15.2015.83
DO  - 10.2991/msmi-15.2015.83
ID  - Cheng2015/08
ER  -