The impact of financial transformation on the role and choice of the chief financial officer
Other Title(s)
أثر التحول المالي على دور و اختيار المدير المالي
Joint Authors
Moodley, Maiendra
Bayat, Muhammad Zuhayd
Source
Global Journal of Economics and Business
Issue
Vol. 3, Issue 3 (31 Dec. 2017), pp.283-300, 18 p.
Publisher
Refaad Center for Studies and Research
Publication Date
2017-12-31
Country of Publication
Jordan
No. of Pages
18
Main Subjects
Abstract EN
Financial transformation euphemistically describes the journey which the Finance department undertakes as it evolves into becoming a trusted business partner to the organisation.
For the Chief Financial Officer (CFO), who has to steer the Finance department, the journey is fraught with the complexity of balancing transactional optimisation with increasing the span of strategic influence.
In the absence of the latter being achieved, the Finance department will remain bound to the perception that financial transformation involves simply reducing the costs of the Finance department while improving operational efficiencies.
This article briefly explores financial transformation before the role of the CFO is examined.
The article concludes by presenting a model based on market responsiveness and the CFO conservatism as the basis for indicating the most appropriate choice of CFO.
American Psychological Association (APA)
Moodley, Maiendra& Bayat, Muhammad Zuhayd. 2017. The impact of financial transformation on the role and choice of the chief financial officer. Global Journal of Economics and Business،Vol. 3, no. 3, pp.283-300.
https://search.emarefa.net/detail/BIM-950465
Modern Language Association (MLA)
Moodley, Maiendra& Bayat, Muhammad Zuhayd. The impact of financial transformation on the role and choice of the chief financial officer. Global Journal of Economics and Business Vol. 3, no. 3 (2017), pp.283-300.
https://search.emarefa.net/detail/BIM-950465
American Medical Association (AMA)
Moodley, Maiendra& Bayat, Muhammad Zuhayd. The impact of financial transformation on the role and choice of the chief financial officer. Global Journal of Economics and Business. 2017. Vol. 3, no. 3, pp.283-300.
https://search.emarefa.net/detail/BIM-950465
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 295-299
Record ID
BIM-950465