Financial Communication in Crisis Situations

Financial communication plays a key role in shaping stakeholders' decision-making processes, acquiring even greater importance in today's turbulent global landscape marked by various overlapping crises. Thus, the aim of the research revolves around a theoretical exploration, supported by...

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Main Authors: Anatol Melega, Veronica Grosu, Corina Petrescu
Format: Article
Language:English
Published: University of Bacău 2024-12-01
Series:Studies and Scientific Researches: Economics Edition
Subjects:
Online Access:https://sceco.ub.ro/index.php/SCECO/article/view/589
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author Anatol Melega
Veronica Grosu
Corina Petrescu
author_facet Anatol Melega
Veronica Grosu
Corina Petrescu
author_sort Anatol Melega
collection DOAJ
description Financial communication plays a key role in shaping stakeholders' decision-making processes, acquiring even greater importance in today's turbulent global landscape marked by various overlapping crises. Thus, the aim of the research revolves around a theoretical exploration, supported by a bibliometric analysis, to emphasize the intrinsic importance of financial communication. The research methodology is based on a bibliometric analysis of 3,000 scientific papers indexed in the Web of Science database, from 1975 to 2023, focusing on financial communication. To facilitate this analysis, specialized software tools for data processing and bibliometric exploration, namely VOSviewer and Bibliometrix, were used. The research findings underline the complexity and interdependence of the financial communication process in organizations, highlighting its evolution from transparency and reduction of information asymmetry in periods of stability, to the need for rapid adoption of digital technologies and integration of ESG dimensions during recent crises, all of which are essential to meet stakeholders' demands and maintain investors' trust.
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issn 2066-561X
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publisher University of Bacău
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series Studies and Scientific Researches: Economics Edition
spelling doaj-art-36d02df655164bdbb4c8d10dff72afe82025-08-20T02:20:10ZengUniversity of BacăuStudies and Scientific Researches: Economics Edition2066-561X2344-13212024-12-014010.29358/sceco.v0i40.589Financial Communication in Crisis SituationsAnatol Melega0Veronica Grosu1Corina Petrescu2Stefan cel Mare University of SuceavaStefan cel Mare University of SuceavaStefan cel Mare University of Suceava Financial communication plays a key role in shaping stakeholders' decision-making processes, acquiring even greater importance in today's turbulent global landscape marked by various overlapping crises. Thus, the aim of the research revolves around a theoretical exploration, supported by a bibliometric analysis, to emphasize the intrinsic importance of financial communication. The research methodology is based on a bibliometric analysis of 3,000 scientific papers indexed in the Web of Science database, from 1975 to 2023, focusing on financial communication. To facilitate this analysis, specialized software tools for data processing and bibliometric exploration, namely VOSviewer and Bibliometrix, were used. The research findings underline the complexity and interdependence of the financial communication process in organizations, highlighting its evolution from transparency and reduction of information asymmetry in periods of stability, to the need for rapid adoption of digital technologies and integration of ESG dimensions during recent crises, all of which are essential to meet stakeholders' demands and maintain investors' trust. https://sceco.ub.ro/index.php/SCECO/article/view/589financial communication; stakeholders digitalization;research clusters
spellingShingle Anatol Melega
Veronica Grosu
Corina Petrescu
Financial Communication in Crisis Situations
Studies and Scientific Researches: Economics Edition
financial communication;
stakeholders
digitalization;
research clusters
title Financial Communication in Crisis Situations
title_full Financial Communication in Crisis Situations
title_fullStr Financial Communication in Crisis Situations
title_full_unstemmed Financial Communication in Crisis Situations
title_short Financial Communication in Crisis Situations
title_sort financial communication in crisis situations
topic financial communication;
stakeholders
digitalization;
research clusters
url https://sceco.ub.ro/index.php/SCECO/article/view/589
work_keys_str_mv AT anatolmelega financialcommunicationincrisissituations
AT veronicagrosu financialcommunicationincrisissituations
AT corinapetrescu financialcommunicationincrisissituations