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Financial decision support: an overview of developments and recent trends

Author

Listed:
  • Constantin Zopounidis

    (Technical University of Crete
    Audencia Business School)

  • Michalis Doumpos

    (Technical University of Crete)

  • Dimitrios Niklis

    (Technical University of Crete)

Abstract

Since the early applications of operations research and management science techniques in corporate financial management, financial decision support has evolved to a multi-disciplinary field combing different analytical approaches and technologies for supporting the decision-making process for financial problems faced by firms, organizations, and individuals. This paper provides an overview of the nature of financial decision support and its contributions, covering past developments and advances, as well as current trends and emerging topics on methodological, application, and implementation issues.

Suggested Citation

  • Constantin Zopounidis & Michalis Doumpos & Dimitrios Niklis, 2018. "Financial decision support: an overview of developments and recent trends," EURO Journal on Decision Processes, Springer;EURO - The Association of European Operational Research Societies, vol. 6(1), pages 63-76, June.
    • Handle: RePEc:spr:eurjdp:v:6:y:2018:i:1:d:10.1007_s40070-018-0078-3
    DOI: 10.1007/s40070-018-0078-3
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    References listed on IDEAS

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    Cited by:

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    2. Dimitris Andriosopoulos & Michalis Doumpos & Panos M. Pardalos & Constantin Zopounidis, 2019. "Computational approaches and data analytics in financial services: A literature review," Journal of the Operational Research Society, Taylor & Francis Journals, vol. 70(10), pages 1581-1599, October.
    3. Doumpos, Michalis & Zopounidis, Constantin & Gounopoulos, Dimitrios & Platanakis, Emmanouil & Zhang, Wenke, 2023. "Operational research and artificial intelligence methods in banking," European Journal of Operational Research, Elsevier, vol. 306(1), pages 1-16.
    4. Panos Xidonas & Ilias Lekkos & Charis Giannakidis & Christos Staikouras, 2023. "Multicriteria security evaluation: does it cost to be traditional?," Annals of Operations Research, Springer, vol. 323(1), pages 301-330, April.

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