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Innovation In The Financial Function: A Path Towards Performance
[L'Innovation Dans La Fonction Financière : Une Allure Vers La Performance]

Author

Listed:
  • Ghizlane Barzi

    (ENCGS - Ecole Nationale de Commerce et de Gestion de SETTAT)

  • Zineb Bamousse

    (ENCGS - Ecole Nationale de Commerce et de Gestion de SETTAT)

Abstract

The financial sector represents a major challenge for researchers, as it is undergoing exponential change. The financial function is at the heart of debates in management science studies, as it lies at the heart of the ongoing transformation of organizations. It is an essential pole of analysis, forecasting and dissemination of financial culture in Moroccan companies. Indeed, the aim of this study is to analyze the relationship between the development of innovative management in the finance function and corporate performance, particularly in the Moroccan context. Furthermore, to present the important role of the CFO as a leader of innovation and guarantor of development. To this end, an exploratory study was carried out among 15 major Moroccan companies in various sectors. The results of this study demonstrated the interest of CFOs in adopting innovation tools in their activities, and presented innovation as a genuine performance lever.

Suggested Citation

  • Ghizlane Barzi & Zineb Bamousse, 2024. "Innovation In The Financial Function: A Path Towards Performance [L'Innovation Dans La Fonction Financière : Une Allure Vers La Performance]," Post-Print hal-04463646, HAL.
    • Handle: RePEc:hal:journl:hal-04463646
    Note: View the original document on HAL open archive server: https://hal.science/hal-04463646
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    References listed on IDEAS

    as
    1. Chava, Sudheer & Purnanandam, Amiyatosh, 2010. "CEOs versus CFOs: Incentives and corporate policies," Journal of Financial Economics, Elsevier, vol. 97(2), pages 263-278, August.
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    3. Duong, Lien & Evans, John, 2015. "CFO compensation: Evidence from Australia," Pacific-Basin Finance Journal, Elsevier, vol. 35(PA), pages 425-443.
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    5. Joseph S. Moag & Willard T. Carleton & Eugene M. Lerner, 1967. "Defining The Finance Function: A Model‐Systems Approach," Journal of Finance, American Finance Association, vol. 22(4), pages 543-555, December.
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