Emerald Studies in Finance, Insurance, and Risk Management – serie

Every day presents new challenges as the face of global economics changes. But in a world of uncertainty, how is the world of finance and economics adjusting to address these new issues? In this first book in the Emerald Studies in Finance, Insurance, and Risk Management, expert contributors from around the world come together to discuss and address the emerging issues in global economics. Including chapters on international migration in Europe, theories on finance and accounting, labour studies, international economic policy and its effect, affecting factors on financial and capital markets, and the relationship between internal stock markets, Uncertainty and Challenges in Contemporary Economic Behaviour tackles the questions, concerns, and fears of the modern face of global economics. A fundamental text for any researcher or student of business and economics, this exciting new series investigates and examines some of the most prevalent questions in contemporary economics.

Our current economic systems have become addicted to growth at all costs, as measured by Gross Domestic Product (GDP). They assume that GDP growth is synonymous with increased wellbeing and prosperity. However, this approach has led to growing inequality, an escalating climate crisis, and the depletion of natural and social capital. Our approach to economics and development needs to be fundamentally transformed.New Challenges for Future Sustainability and Wellbeing is a collection of 25 studies about sustainability and the related challenges, such as income, wealth, social aspects, the environment, education and regional equality that influence the pace of economic development and deteriorates well-being of people and organisations all over the world.This book provides a platform for scholars, researchers and professionals from different disciplinary backgrounds to discuss, highlight and exchange ideas on these challenges and prospects for both economic and business development.

Challenges destabilize the norm and create distresses and disruptions in, for example, the culture, the technology, regulations, the environmental, etc. that influence the pace of finance and economic activities. This book is a collection of 13 chapters and studies about Insurance and Risk management in response to disruptions caused by social, economic, and environmental challenges to try and stabilize the economy in an effort to ensure sustainability.Insurance and Risk Management for Disruptions in Social, Economic and Environmental Systems brings together studies from scholars, researchers and professionals with different disciplinary backgrounds to highlight discuss and exchange ideas on these challenges, which may seem a danger, but offer prospects for economic and business development.Books in the Emerald Studies In Finance, Insurance, And Risk Management series collect quantitative and qualitative studies in areas relating to finance, insurance, and risk management. Subjects of interest may include banking, accounting, auditing, compliance, sustainability, behaviour, management, and business economics.

Public Sector Leadership in Assessing and Addressing Risk explores risk management in practice, taking a specific focus on the identification of risks in the European public sector while contextualising its Eurocentric analysis within a global setting.The volume lays important groundwork for understanding the main philosophical premises of risk management. Navigating the text's philosophical underpinnings such as 'Risk Management is a misnomer', the editors provide deep insight into global, strategic, and operational risk management that will prove invaluable for any practitioner.Providing high quality academic research, ESFIRM provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale.

Big data – unstructured and/or structured data being used to influence underwriting, rating, pricing, forms, marketing and claims handling and incentivize risk reduction – is a relatively recent development in the insurance industry, the data sets previously being too impossibly great to analyse through traditional methods. However, with the global capacity to collect and store data growing alongside advancements in AI and machine learning technology, insurers need to seriously evaluate their technology stacks to ensure they can remain competitive and respond to growing customer demand.Striking a balance between the technical characteristics of the subject and the practical aspects of decision making, spanning from fraud analytics in claims management, to customer analytics, to risk analytics in solvency, the comprehensive coverage presented makes Big Data an invaluable resource for any insurance professional.Providing high quality academic research, Emerald Studies in Finance, Insurance, and Risk Management provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale. Subjects of interest may include banking, accounting, auditing, compliance, sustainability, behaviour, management, and business economics.

Big Data Analytics in the Insurance Market is an industry-specific guide to creating operational effectiveness, managing risk, improving financials, and retaining customers. This book will be a 'must' for people seeking to broaden their knowledge of big data concepts and their real-world applications, particularly in the field of insurance.The insurance industry is largely dependent on data, and the advent of Big Data and analytics represents a major advance with tremendous potential. Yet clear, practical advice on the business side of analytics is lacking. This book fills the void with concrete information on using Big Data in the context of day-to-day insurance operations and strategy.This book an invaluable resource for any insurance professional from practitioners and policymakers working at insurance companies, to undergraduate and graduate students of economics management, and finance.Providing high quality academic research, ESFIRM provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale.

Emerald Studies In Finance, Insurance, And Risk Management 7 explores how AI and Automation enhance the basic functions of human resource management. The traditional framework of Human Resource Management (HRM) primarily consists of four functions: Human Resource Planning, Recruitment and Selection, Training and Development and Performance Management Systems which help businesses in hiring, motivating and retaining employees. The introduction of Artificial Intelligence (AI) has changed all of these aspects. The Adoption and Effect of Artificial Intelligence on Human Resources Management Series sets out a blended approach towards different functions of HRM and AI, reflecting upon: HR data privacy; data security; diversity and inclusion using AI; and sustainable AI-HR practices. This book is ideal for HR managers, senior managers, researchers, and students planning a career in this field.

With the rapid development of technologies, it becomes increasingly important for us to remain up-to-date on new and emerging technologies. This series, therefore, aims to deliver content on current and future technologies and how the young generation benefits from this. The global financial crisis has highlighted major weaknesses in financial records, information, and data. These weaknesses have led to inadequacies in the access to financial records and information, higher operational risks, flawed bankruptcies, and foreclosure proceedings. The Lockdown due to the ongoing pandemic COVID-19 has increased the scope for criminals to exploit vulnerabilities and commit financial crimes. The increased online presence and homeworking have significantly expanded the attack surface for cybercriminals. Criminals are exploiting vulnerabilities, increasing the risks of cyber-attacks, money laundering and terrorist financing. Research is therefore needed to identify trends, tools and applications that will provide the needed records, information, and data to support more effective financial analysis and risk management.Financial Technology (FinTech) has become one of the most pioneering and cost-effective disruptive technologies. Initial adaptation of FinTech solutions has permitted several start-ups, financial service providers, and other assorted sectors to accomplish an augmented pace of growth. Contemporary Studies of Risks in Emerging Technology: Part A also highlights how emerging technologies are altering the subtleties of doing business for financial services benefactors, possibility of emerging technologies, advantages and disadvantages, technology linked issues/challenges in financial services, and also highlights drivers of this revolution.

With the rapid development of technologies, it becomes increasingly important for us to remain up-to-date on new and emerging technologies. This series, therefore, aims to deliver content on current and future technologies and how the young generation benefits from this. The global financial crisis has highlighted major weaknesses in financial records, information, and data. These weaknesses have led to inadequacies in the access to financial records and information, higher operational risks, flawed bankruptcies, and foreclosure proceedings. The Lockdown due to the ongoing pandemic COVID-19 has increased the scope for criminals to exploit vulnerabilities and commit financial crimes. The increased online presence and homeworking have significantly expanded the attack surface for cybercriminals. Criminals are exploiting vulnerabilities, increasing the risks of cyber-attacks, money laundering and terrorist financing. Research is therefore needed to identify trends, tools and applications that will provide the needed records, information, and data to support more effective financial analysis and risk management.Financial Technology (FinTech) has become one of the most pioneering and cost-effective disruptive technologies. Initial adaptation of FinTech solutions has permitted several start-ups, financial service providers, and other assorted sectors to accomplish an augmented pace of growth. Contemporary Studies of Risks in Emerging Technology: Part B also highlights how emerging technologies are altering the subtleties of doing business for financial services benefactors, possibility of emerging technologies, advantages and disadvantages, technology linked issues/challenges in financial services, and also highlights drivers of this revolution.

Emerald Studies In Finance, Insurance, And Risk Management 7 explores how AI and Automation enhance the basic functions of human resource management.The traditional framework of Human Resource Management (HRM) primarily consists of four functions: Human Resource Planning, Recruitment and Selection, Training and Development and Performance Management Systems which help businesses in hiring, motivating and retaining employees. The introduction of Artificial Intelligence (AI) has changed all of these aspects.This second volume in The Adoption and Effect of Artificial Intelligence on Human Resources Management Series reflects upon: the accuracy of using AI to nominate candidates; the change readiness of employees; impacts and challenges on HRM practices; effects on upskilling; and the effects of the pandemic; concluding with an overall state of industry trends.This book is ideal for HR managers, senior managers, researchers, and students planning a career in this field.

Industry 5.0, also known as the fifth industrial revolution, is characterised by advanced technologies such as artificial intelligence, the Internet of Things (IoT), and robotics in manufacturing and other industries. The use of innovative technologies in Industry 5.0 can bring several benefits to companies and the industrial sector, including increased efficiency and productivity, improved product quality, and the ability to create new products and services. In addition, these technologies help businesses to reduce their environmental impact and operate more sustainably.Business Challenges and Opportunities in the Era of Industry 5.0 discusses the development and current technologies within Industry 5.0 and how these apply to various disciplines and sectors such as education, health, finance, production, automotive and construction. This book delves into various Industry 5.0 technologies and how these can improve production and give businesses a competitive edge to remain relevant in a rapidly changing business landscape.The ESFIRM series collects quantitative and qualitative studies in areas relating to finance insurance and risk management. Subjects of interest may include banking, accounting, auditing, compliance, sustainability, behaviour management, and business economics.In the disruption of political upheaval new technologies, climate change and new regulations, it is more important than ever to understand risk in the financial industry. Providing high quality academic research, this book series provides a platform for authors to explore analyse and discuss current and new financial models and theories and engage with innovative research on an international scale.

In recent years events such as a global pandemic, huge technological changes, and war in Europe have demonstrated how organizations manage risk is more important than ever. Plans, models and ideas to mitigate disruptive situations are needed to ensure future success.Enterprise Risk Management in Today’s World examines enterprise risk management in its past, present and future, exploring the role that directors and leaders in organizations have in devising risk management strategies, analysing values such as trust, resilience, CSR and governance within organizations. Benefiting students, researchers and high-level decision makers, this volume fills a gap in the existing literature of the interaction between business and society in the field of enterprise risk management.Emerald Studies in Finance, Insurance, and Risk Management provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale. Subjects of interest may include banking, accounting, auditing, compliance, sustainability, behaviour, management, and business economics.

As the world grapples with pressing issues such as climate change, resource depletion, and biodiversity loss, there is a growing recognition of sustainable development and green innovation's critical role in addressing these complex problems.This curated collection offers a nuanced understanding of sustainable development and green innovation, emphasising the management of associated risks. The interdisciplinary approach adopted in Sustainable Development and Green Innovation aims to bridge gaps between various fields, fostering a holistic perspective essential for effective problem-solving. By integrating insights from environmental science, policy studies, economics, and technology, the result is a multifaceted framework capable of navigating the intricacies of sustainable development. While there is a plethora of literature on sustainability and innovation, the explicit focus on managing risks through interdisciplinary methods is a unique aspect of this publication. Recognising that sustainable practices and innovations may introduce uncertainties and potential drawbacks, the research delves into strategies for mitigating and adapting to these risks.In the disruption of political upheaval, new technologies, climate change, and new regulations, it is more important than ever to understand risk in the financial industry. Providing high quality academic research, the ESFIRM series provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale.

Company executives need strategic flexibility in VUCA to maintain an advantage alongside business analytics, helping them achieve a competitive edge by providing timely insights, optimizing business processes, and generating growth and innovation opportunities.Strategic questions arise as firms begin their business analytics programmes, and VUCA and Other Analytics in Business Resilience brings together specialists from different disciplines and continents to provide answers. The chapters discuss organizational justice, sustainable HR, machine learning, and more, providing future roadmaps to minimise disruption during occurrences like the COVID-19-related worldwide catastrophe and the ramifications for managers and policymakers.Emerald Studies in Finance, Insurance, And Risk Management provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale. Subjects of interest may include banking, accounting, auditing, compliance, sustainability, behaviour, management, and business economics.

Finance Analytics in Business brings together specialists around the world working in various disciplines to reflect on finance analytics in business. This crucial field gives different views of a company’s financial data, and helps it gain knowledge to take action to improve financial performance.The chapters discuss the Time Series Analysis with ARIMA Model, ARIMA Modelling in R, Credit Risk Modelling, GARCH Modelling, GARCH Models Best for Asset Returns, Software for conducting event studies (Eventus, STATA, Matlab, Event Study Metrics, Event Study Tools), Developing insights on Descriptive Analysis, Predictive Analysis, Prescriptive Analysis, Forecasting Methods, Decision Analysis, Analytics tools used in Banking, Role of Business Intelligence, Machine learning, financial Modelling, and Artificial intelligence in finance.Emerald Studies in Finance, Insurance, And Risk Management provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale. Subjects of interest may include banking, accounting, auditing, compliance, sustainability, behaviour, management, and business economics.

Countries such as India, Pakistan, Bangladesh, and Sri Lanka have economies that are categorised as capital deficit, whereas economies with abundant capital – such as those in Western Europe and North America – have lost little value in comparison during the global pandemic and other economic periods of this downturn. It is therefore a question of resilience that separates these developing economies.The Framework for Resilient Industry examines the historical background of the Indian industry, its current status, and future opportunities and challenges. The chapters frame the historical context of the Indian industry and delves into region-specific issues such as micro, small, and medium enterprises (MSMEs), economic policy, risk management and sustainable industries.The findings are valuable to policymakers, industrialists, and governments, both state and central, through efficient analysis. Academics, researchers, and students will also benefit from this discourse on economic resiliency.Emerald Studies in Finance, Insurance, and Risk Management provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale. Subjects of interest may include banking, accounting, auditing, compliance, sustainability, behaviour, management, and business economics.

Fintech refers to new technology that improve and automates the financial services delivery system. The main essence of fintech is to help consumers, companies, and business owners to better manage their financial operations, processes, and lives by utilizing algorithms and specialized software that are used on computers and, increasingly, smartphones.Financial Landscape Transformation collects chapters to present the current and probable future state of banking and money with the advent of fintech. It will provide a broader perspective on contemporary financial products, services, technology and regulations, highlighting innovations in financial sector and opportunities created. Contributions from authors of regional diversity provide a range of perspectives and an opportunity to analyse where different countries are up to in terms of Fintech and its applications.

Company executives need strategic flexibility in VUCA to maintain an advantage alongside business analytics, helping them achieve a competitive edge by providing timely insights, optimizing business processes, and generating growth and innovation opportunities.Strategic questions arise as firms begin their business analytics programmes, and VUCA and Other Analytics in Business Resilience brings together specialists from different disciplines and continents to provide answers. The chapters discuss descriptive/diagnostic, predictive, and prescriptive analytics tools and how they might be used to investigate 'black swan' occurrences like the COVID-19-related worldwide catastrophe and the ramifications for managers and policymakers.Emerald Studies in Finance, Insurance, And Risk Management provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale. Subjects of interest may include banking, accounting, auditing, compliance, sustainability, behaviour, management, and business economics.

In recent years events such as a global pandemic, huge technological changes, and war in Europe have demonstrated how organizations manage risk is more important than ever. Plans, models and ideas to mitigate disruptive situations are needed to ensure future success.Enterprise Risk Management in Today’s World examines enterprise risk management in its past, present and future, exploring the role that directors and leaders in organizations have in devising risk management strategies, analysing values such as trust, resilience, CSR and governance within organizations. Benefiting students, researchers and high-level decision makers, this volume fills a gap in the existing literature of the interaction between business and society in the field of enterprise risk management.Emerald Studies in Finance, Insurance, and Risk Management provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale. Subjects of interest may include banking, accounting, auditing, compliance, sustainability, behaviour, management, and business economics.