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612-822-4611
Responsible Finance and Digitalization: Implications and Developments

Responsible Finance and Digitalization: Implications and Developments

Paperback

Series: Routledge International Studies in Money and Banking

AccountingEconomicsInvesting & Finance

ISBN10: 036770062X
ISBN13: 9780367700621
Publisher: Routledge
Published: May 27 2024
Pages: 278
Weight: 0.92
Height: 0.62 Width: 6.14 Depth: 9.21
Language: English

The aftermath of the 2008 crisis has substantially increased the regulation of banks and insurance companies and curtailed their risk taking, which has shifted much of the risk to their clients: firms and consumers. At the same time, digitalization has encouraged the entry of new firms combining finance and technological innovation, a phenomenon known as FinTech. The emergence of non-bank financial entities has contributed to the fragmentation of financial services, and also opened up new markets. Furthermore, the growing emphasis on corporate social responsibility has made it increasingly important for financial organizations to care about their public image.

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