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Financial Communication Inside Companies

Author

Listed:
  • Georgiana Maria Lungu
  • Radu Nicolae Baluna

Abstract

Financial communication is a critical instrument that enables a company to manage its external interactions by utilizing accounting and financial data. This is critical because it enables management to construct a linked external environment. In terms of financial communication, it entails establishing certain objectives and how to use resources, developing strategies, making choices, and initiating activities. Financial communication, from newspapers to social media, plays an important role in disseminating information about financial markets to a wide range of people. Financial reporting is experiencing tremendous change as a result of new digital processing and delivery systems, while the need for increasingly diversified information grows. The purpose of this essay is to study and compare the manner in which communication is conducted with various professional organizations in the economic sphere.

Suggested Citation

  • Georgiana Maria Lungu & Radu Nicolae Baluna, 2021. "Financial Communication Inside Companies," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 358-362, December.
    • Handle: RePEc:ovi:oviste:v:xxi:y:2021:i:2:p:358-362
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    More about this item

    Keywords

    financial communication; instrument; information;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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