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Competency-Based Management in a System of Sustainable Development of Banks, Financial and Technology Companies

In: Contemporary Issues in Business and Financial Management in Eastern Europe

Author

Listed:
  • L. Yu. Andreeva
  • T. V. Epifanova
  • O. V. Andreeva
  • A. S. Orobinsky

Abstract

The digital economy provides companies with financial stability and highly developed technological tools to run businesses based on their operations’ transparency. Business stability is formed due to the introduction of a competence-based management system in financial organizations in the Russian corporate sector. In terms of the digital economy as financial and technological companies, we consider large banks and other financial organizations to develop risk-oriented technologies for managing financial stability based on digitization. The main aim of this chapter is to describe the features, the factors, and the conditions for the competence-based management development system. It highlights the role of the system for the banks and the financial technologies used by companies for sustainable development.

Suggested Citation

  • L. Yu. Andreeva & T. V. Epifanova & O. V. Andreeva & A. S. Orobinsky, 2018. "Competency-Based Management in a System of Sustainable Development of Banks, Financial and Technology Companies," Contemporary Studies in Economic and Financial Analysis, in: Contemporary Issues in Business and Financial Management in Eastern Europe, volume 100, pages 49-59, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:csefzz:s1569-375920180000100007
    DOI: 10.1108/S1569-375920180000100007
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    More about this item

    Keywords

    Blockchain; risk-oriented management technologies; stability; financial and technological companies; digital economy; sustainable development; G21; J21; J24; O32; O33;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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