IDEAS home Printed from https://ideas.repec.org/p/osf/osfxxx/my9fk_v1.html
   My bibliography  Save this paper

Literature Review on Digitalization and Financial Performance

Author

Listed:
  • Winata, Robbie Kurniawan
  • Soekarno, Subiakto

Abstract

The purpose of this study is to summarize research on digitalization and emphasize how it affects financial performance. Additionally, applicable methodology from recent studies in a variety of domains is shown in this study. The state-of-the-art in digitalization research is described in this review article, which combines technology, finance, marketing, and innovation literature. In recent years, research on digitalization has expanded rapidly in a number of domains, employing both qualitative and quantitative techniques. The elements that affect an organization’s financial performance as a result of its digitalization—such as big data analytics, cloud computing, artificial intelligence, process automation, the Internet of Things (IoT), computer simulations, and online technology—have been the subject of more recent studies. Even if studies on digitalization have been more popular over the past five years, adding new dimensions and investigating qualitative methods remain fascinating areas of study. For academics who are unfamiliar with digitalization, this article provides an overview of how to explore the process. The article enhances the review of the impact of digitization on financial performance.

Suggested Citation

  • Winata, Robbie Kurniawan & Soekarno, Subiakto, 2024. "Literature Review on Digitalization and Financial Performance," OSF Preprints my9fk_v1, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:my9fk_v1
    DOI: 10.31219/osf.io/my9fk_v1
    as

    Download full text from publisher

    File URL: https://osf.io/download/66c3e84a2ef65f9be50b5015/
    Download Restriction: no
    File URL: https://libkey.io/10.31219/osf.io/my9fk_v1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bothwell, James L & Cooley, Thomas F & Hall, Thomas E, 1984. "A New View of the Market Structure-Performance Debate," Journal of Industrial Economics, Wiley Blackwell, vol. 32(4), pages 397-417, June.
    2. Renato Lopes da Costa & Varun Gupta & Rui Gonçalves & Álvaro Dias & Leandro Pereira & Chetna Gupta, 2022. "Artificial Intelligence and Cognitive Computing in Companies in Portugal: An Outcome of Partial Least Squares—Structural Equations Modeling," Mathematics, MDPI, vol. 10(22), pages 1-24, November.
    3. Pinto, Marcelo Rezende & Salume, Paula Karina & Barbosa, Marcelo Werneck & de Sousa, Paulo Renato, 2023. "The path to digital maturity: A cluster analysis of the retail industry in an emerging economy," Technology in Society, Elsevier, vol. 72(C).
    4. Cambini, Carlo & Garelli, Nicola, 2011. "Evaluation of the opportunity cost of the spectrum: Application to the digital dividend," Telecommunications Policy, Elsevier, vol. 35(7), pages 633-649, August.
    5. Dalton, James A & Penn, David W, 1976. "The Concentration-Profitability Relationship: Is There a Critical Concentration Ratio?," Journal of Industrial Economics, Wiley Blackwell, vol. 25(2), pages 133-142, December.
    6. Walker, Russell, 2015. "From Big Data to Big Profits: Success with Data and Analytics," OUP Catalogue, Oxford University Press, number 9780199378326.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Winata, Robbie Kurniawan & Soekarno, Subiakto, 2024. "Literature Review on Digitalization and Financial Performance," OSF Preprints my9fk, Center for Open Science.
    2. Tanveer Ahmad Khan & Indrani Chakraborty, 2022. "Dynamic Interactions Between Structure and Performance in the Textile and Clothing Industry in India: An Econometric Approach," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 20(1), pages 173-209, March.
    3. Bala Ramasamy & Darry Ong & Matthew C. H. Yeung, 2005. "Firm Size, Ownership and Performance in the Malaysian Palm Oil Industry," Asian Academy of Management Journal of Accounting and Finance (AAMJAF), Penerbit Universiti Sains Malaysia, vol. 1(1), pages 81-104.
    4. Andrei Dubovik & Natasha Kalara, 2018. "Can we measure banking sector competition robustly?," CPB Discussion Paper 386.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    5. Frias, Zoraida & González-Valderrama, Carlos & Pérez Martínez, Jorge, 2017. "Assessment of spectrum value: The case of a second digital dividend in Europe," Telecommunications Policy, Elsevier, vol. 41(5), pages 518-532.
    6. Jones, Rodney & Purcell, Wayne & Driscoll, Paul & Peterson, Everett, 1996. "Issues and Cautions in Employing Behavioral Modeling Approaches to Test for Market Power," Staff Papers 232517, Virginia Polytechnic Institute and State University, Department of Agricultural and Applied Economics.
    7. Hayenga, Marvin & Deiter, Ronald & Montoya, Cristobal, 1986. "Price Impacts Associated with the Closing of Hog Slaughtering Plants," ISU General Staff Papers 198607010700001497, Iowa State University, Department of Economics.
    8. Harmeen Soch & H.S. Sandhu, 2008. "Does Customer Relationship Management Activity Affect Firm Performance?," Global Business Review, International Management Institute, vol. 9(2), pages 189-206, August.
    9. Vogelsang Ingo, 2013. "The Endgame of Telecommunications Policy? A Survey," Review of Economics, De Gruyter, vol. 64(3), pages 193-270, December.
    10. Fareed Zeeshan & Ali Zahid & Shahzad Farrukh & Nazir Muhammad Imran & Ullah Assad, 2016. "Determinants of Profitability: Evidence from Power and Energy Sector," Studia Universitatis Babeș-Bolyai Oeconomica, Sciendo, vol. 61(3), pages 59-78, December.
    11. Matthias Greuner & David Kamerschen & Peter Klein, 2000. "The Competitive Effects of Advertising in the US Automobile Industry, 1970-94," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 7(3), pages 245-261.
    12. repec:aeg:report:2014-3 is not listed on IDEAS
    13. Christopher R. Geller & David L. Sjoquist & Mary Beth Walker, 2006. "The Effect of Private School Competition on Public School Performance in Georgia," Public Finance Review, , vol. 34(1), pages 4-32, January.
    14. I. Vogelsang, 2015. "Will the U.S. and EU telecommunications policies converge? A survey," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 42(2), pages 117-155, June.
    15. Jaime R. Marquez, 1992. "Life expectancy of international cartels: an empirical analysis," International Finance Discussion Papers 439, Board of Governors of the Federal Reserve System (U.S.).
    16. Lo Shih-Hui & Lian Shih-Ming & Chang Reed-Joe, 2024. "The Growth Dynamics of the Restaurant Industry from Single Store to Chain Store in Taiwan: A Systems Thinking Perspective," Systemic Practice and Action Research, Springer, vol. 37(6), pages 1141-1159, December.
    17. Andrei Dubovik & Natasha Kalara, 2018. "Can we measure banking sector competition robustly?," CPB Discussion Paper 386, CPB Netherlands Bureau for Economic Policy Analysis.
    18. Roberto Moro Visconti & Donato Morea, 2019. "Big Data for the Sustainability of Healthcare Project Financing," Sustainability, MDPI, vol. 11(13), pages 1-17, July.
    19. Das, Bhagaban & Shil, Nikhil Chandra & Pramanik, Alok Kumar, 2007. "Strengthening SMEs to make export competitive," MPRA Paper 7800, University Library of Munich, Germany, revised 13 Nov 2007.
    20. repec:ags:vtaesp:232464 is not listed on IDEAS
    21. Walker, Kenton B. & Johnson, Eric N., 1996. "A review and synthesis of research on supplier concentration, quality and fee structure in non-U.S. markets for auditor services," The International Journal of Accounting, Elsevier, vol. 31(1), pages 1-18.
    22. David R. Kamerschen, 1998. "State court fraud decision influenced by economics of US peanut industry," Agribusiness, John Wiley & Sons, Ltd., vol. 14(1), pages 55-62.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osf:osfxxx:my9fk_v1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: OSF (email available below). General contact details of provider: https://osf.io/preprints/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.