Optimization of Enterprise Financial Management and Decision-Making Systems Based on Big Data

• Published in: Journal of mathematics (Hidawi) Vol. 2022; no. 1
• Main Author: Ren, Shaomin
• Format: Journal Article
• Language: English
• Published: Cairo Hindawi 2022; John Wiley & Sons, Inc; Wiley
• Subjects: Accounting; Asset management; Asymmetry; Big Data; Budgets; Business models; Cloud computing; Costs; Decision analysis; Decision making; Decision theory; Design optimization; Efficiency; Finance; Financial analysis; Financial management; Financing; Information management; Information sharing; Information sources; Information systems; Information technology; Internet; Management accounting; Management decisions; Management information systems; Management methods; Mathematics; Optimization; Organizational structure; Problem solving; Procurement management; Production controls; Risk management; Strategic management; Systems design

Based on information asymmetry theory, principal-agent theory, and risk management theory, this paper analyzes the mechanism of the impact of big data on financial decision-making, analyzing four dimensions: how big data enhances the information base for forecasting, how big data improves the releva...