| Title |
Digital Transformations Imprint Financial Challenges: Accounting Assessment Of Crypto Assets And Building Resilience In Emerging Innovative Businesses |
| ID_Doc |
74668 |
| Authors |
Munteanu, I; Aivaz, KA; Micu, A; Capatana, A; Jakubowicz, V |
| Title |
Digital Transformations Imprint Financial Challenges: Accounting Assessment Of Crypto Assets And Building Resilience In Emerging Innovative Businesses |
| Year |
2023 |
| Published |
Economic Computation And Economic Cybernetics Studies And Research, 57, 3 |
| DOI |
10.24818/18423264/57.3.23.12 |
| Abstract |
This study analyses the evolution of the crypto asset market over the period 2014-2023 and addresses a series of issues relating to global crypto-assets regulations uniformity, the opportunity for companies to develop crypto-asset transactions, and the accounting reflection of these transactions that impacts the sustainable reporting. Working hypotheses are twofold: (a) crypto assets transactions present an increased investment risk and (b) there is mutual consensus on the accounting valuation of crypto assets. Robust economic analysis using ARCH, GARCH, TGARCH, and EGARCH models points to interesting conclusions on uncertainty and investment risk in these emerging technologies. The results are significant for business purposes and indicate that investments in ETH and USDT currencies can be classified as medium-risk investments. The impact of negative shocks (such as political instability, wars, pandemics, and other) on USDT can be verified, leading to more volatility in the currency. |
| Author Keywords |
Digital Technologies; Crypto Assets; Digital Investments; Sustainability Accounting; Investment Risk Analysis |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
| EID |
WOS:001078305500012 |
| WoS Category |
Economics; Mathematics, Interdisciplinary Applications |
| Research Area |
Business & Economics; Mathematics |
| PDF |
https://doi.org/10.24818/18423264/57.3.23.12
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