Digitization of economic and management processes allows for the delivery of new value and higher efficiency in the implementation of strategic goals. This is due to the inclusion of digital technologies in the existing rules of functioning among partners involved in the flow of resources, and from their readiness for digital transformation.
A significant challenge, in practical, organizational, and scientific terms is to understand the opportunities and threats resulting from digital transformation, to identify optimal strategies for the development of business entities in new economic and management conditions, taking care to adopt collateral and proper management of new risks. Addressing this challenge to the readers - contributors indicate the latest theoretical advances, and practical examples in Latvia, Romania, and Sri Lanka, among others. This results in a synthetic look at the complex digital transformation processes of the modern world, both in terms of the underlying causes and the vast effects of the transformations and digitization of social and economic life.
Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance. Both disciplinary and interdisciplinary studies are welcome.
About the Author: Simon Grima is Deputy Dean of the Faculty of Economics, Management and Accountancy, Associate Professor, Head of the Department of Insurance and Risk Management at the University of Malta and Professor of Finance, Faculty of Business, Management and Economics, University of Latvia.
Eleftherios Thalassinos is Ph.D. Affiliate Professor at the University of Malta and Visiting Professor at the University of Craiova, Romania, and at West Pomeranian University of Szczecin Poland.
Mirela Cristea is Professor at the University of Craiova (Romania), Faculty of Economics and Business Administration, Department of Finance, Banking and Economic Analysis, Center for Economic, Banking and Financial Research (CEBAFI).
Marta Kadlubek is Assistant Professor at the Department of Logistics at the Faculty of Management, Częstochowa University of Technology in Poland.
Dimitrios Maditinos is Professor of Business Administration and Informatics, Management Science and Technology Department, School of Economics and Management, International Hellenic University, Kavala University Campus, Greece.
Līga Peiseniece is Dr. Sc. Admin. and Rector at BA School of Business and Finance (BASBF), Latvia.