FM - Digital Transformation

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Browsing FM - Digital Transformation by Subject "Digitalization"

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    Digitalization as a factor in reducing poverty and its implications in the context of the COVID-19 pandemic
    (MDPI, 2022-08-26) Spulbar, Cristi; Anghel, Lucian Claudiu; Birău, Ramona; Ermiș, Simona Ioana; Treapăt, Laurențiu Mihai; Mitroi, Adrian
    In the present economic context, one of the most important topics of discussion is that regarding sustainable development. According to the agenda developed by the United Nations, one of the most important objectives for the present decade is represented by the list of the Sustainable Development Goals. The Sustainable Development Goals can be divided into five pillars: people, planet, prosperity, partnership and peace. One of the first stipulated goals of the UN agenda is the eradication of poverty and famine. We consider that a significant influence on the eradication of poverty is represented by the development of technology. In this paper, the authors aim to establish a connection between the rate of technological development and the poverty headcount rate. To measure the digital development of the analyzed countries, we decided to compose an index of digital development by taking into account indicators made available by the International Telecommunication Union and the poverty headcount ratio, as was calculated by the World Bank database. This empirical study is of interest for the implications that it has in shaping governmental policies regarding easing the access to digital technology. The method used to quantify the influence of digital development on poverty was the panel data GMM vector autoregressive model for a dataset composed of 35 countries for the period between 2005 and 2018. The results indicate that an increase in digital development will lead to a reduction in the poverty headcount rate. These results imply that by increasing access to technology, countries could help reduce their level of poverty. In this paper, we will also analyze the way in which adopting digital development leads to better economic performance when faced with the COVID-19 pandemic. The results of the present study are of great interest to the scientific community and the public due to the implications of digital development in the field of economics and the combined effect of this phenomenon and the COVID-19 pandemic. We thus conclude that by encouraging digital development and through adopting new technologies, the government can lead to the eradication of poverty. This seems counterintuitive due to the fact that investment in shelter and primary goods can be seen as one of the primary ways of developing the economy. We conclude that better and more consistent results regarding the reduction of poverty can be obtained by increasing the digital development of a country.
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    Pondering digitalization : an exploratory study on organizational capitalization of digital media for disclosing CSR
    (Faculty of Management (SNSPA), 2022) Dinu, Elena; Ciuciuc, Victor Emanuel; Moldoveanu, Ion; Stoica, Valentin
    The goal of this study had as a premise a perceived gap of knowledge regarding the use of digital media and platforms by Romanian organizations with the purpose to disclose corporate social responsibility (CSR) information. In the context of the ever-increasing digitalization process, the research aimed to explore the current situation within the organizational setting to provide evidence on the type of media and content used and with a view to identifying possible trends. To objectively assess the situation, the study employed models developed by various researchers to measure CSR disclosure on corporate websites, Facebook and Twitter accounts. The results of the study indicate that the selected Romanian companies make limited use of online media for the purpose to reveal CSR. They rather prefer corporate websites and Facebook accounts to communicate such information to stakeholders, while Twitter is rarely utilized. The findings point to the fact that education and social development are the areas of CSR where Romanian companies mostly contribute, but, at the same time, they signal that the advantages and advances availed by systemic digitalization are yet to be properly exploited against the backdrop of CSR disclosure.
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    The impact of knowledge vulnerabilities on knowledge risks
    (Bucharest University of Economic Studies, Faculty of Management, 2024-03) Brătianu, Constantin; Bejinaru, Ruxandra; Ursache, Vlad-Mihai
    The purpose of this paper is to explore the impact of knowledge vulnerabilities on knowledge risks and to analyse their intricate connections within the knowledge management systems. It is a new topic in knowledge management which is requested by the accelerated process of digitalization and the exponential development of the AI programs. There is a lack of research in this area and efforts should be made to bridge the knowledge gap. The method we use is based on a critical analysis of knowledge vulnerabilities and knowledge risks within a generic organization and of designing tree-diagrams able to illustrate the connections between them, and the possible adverse consequences for the firm’s performance. The method of tree diagrams has been extensively used in risk analysis of the complex technological systems of airplanes and nuclear reactors. Also, it is used in the risk management applied to other domains like climate change and earthquakes. It is the first paper to investigate these phenomena and to conceptualize such kind of diagrams.