David Kuo Chuen Lee - Financial Management In The Digital Economy

ISSN: 2661-3905

Series Editor
David Lee Kuo Chuen (Singapore University of Social Sciences, Singapore)

Subject Editors
Guan Chong (Singapore University of Social Sciences, Singapore)
Ding Ding (Singapore University of Social Sciences, Singapore)

Singapore University of Social Sciences - World Scientific Future Economy Series introduces the new technology trends and challenges that businesses today face, financial management in the digital economy, blockchain technology, smart contract and cryptography. The authors describe current issues that the business leaders and finance professionals are facing, as well as developments in digitalisation. The series covers several increasingly important new areas such as the fourth industrial revolution, Internet of Things (IoT), blockchain technology, artificial intelligence (AI) and many other forces of disruption and breakthroughs that shape todays realities of the economy. A better understanding of the changing environment in the future economy can enable business professionals and leaders to recognise realities, embrace changes, and create new opportunities locally and globally in this inevitable digital age.

Forthcoming Titles

Inclusive Disruption: Digital Capitalism, Deep Technology and Trade Disputes
David Lee Kuo Chuen and Linda Low

Introduction to Sustainability Marketing
Vanessa Liu and Joanne Ho

Singapore University of Social Sciences - World Scientific Future Economy Series 6

Financial Management
in the Digital Economy

Editors

David LEE Kuo Chuen

DING Ding

GUAN Chong

Singapore University of Social Sciences, Singapore

Published by

World Scientific Publishing Co. Pte. Ltd.

5 Toh Tuck Link, Singapore 596224

USA office: 27 Warren Street, Suite 401-402, Hackensack, NJ 07601

UK office: 57 Shelton Street, Covent Garden, London WC2H 9HE

Library of Congress Cataloging-in-Publication Data

Names: Lee, David (David Kuo Chuen), editor. | Ding, Ding, 1979 editor. | Guan, Chong, editor.

Title: Financial management in the digital economy / editors, David Kuo Chuen Lee, Ding Ding, Chong Guan, Singapore University of Social Sciences, Singapore.

Description: Hackensack, NJ : World Scientific, 2022. | Series: Singapore university of social sciences - world scientific future economy series, 2661-3905 ; Vol. 6 | Includes bibliographical references and index.

Identifiers: LCCN 2021040777 | ISBN 9789811230004 (hardcover) | ISBN 9789811231452 (paperback) | ISBN 9789811230011 (ebook) | ISBN 9789811230028 (ebook other)

Subjects: LCSH: Financial services industry--Technological innovations. | Banks and banking--Data processing. | Blockchains (Databases) | Cryptocurrencies.

Classification: LCC HG1709 .L44 2022 | DDC 332.10285--dc23/eng/20211013

LC record available at https://lccn.loc.gov/2021040777

British Library Cataloguing-in-Publication Data
A catalogue record for this book is available from the British Library.

Copyright 2022 by World Scientific Publishing Co. Pte. Ltd.

All rights reserved. This book, or parts thereof, may not be reproduced in any form or by any means, electronic or mechanical, including photocopying, recording or any information storage and retrieval system now known or to be invented, without written permission from the publisher.

For photocopying of material in this volume, please pay a copying fee through the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA. In this case permission to photocopy is not required from the publisher.

For any available supplementary material, please visit
https://www.worldscientific.com/worldscibooks/10.1142/12092#t=suppl

Desk Editors: Balasubramanian Shanmugam/Yulin Jiang

Typeset by Stallion Press
Email:

Printed in Singapore

About the Editors

Dr David LEE Kuo Chuen is a Professor at the Singapore University of Social Sciences (SUSS) and Vice President of the Economic Society of Singapore. He is the founder of several entities, including BlockAsset Ventures; the external advisor to Stanford Universitys Distributed Trust Initiative; a Fulbright Scholar; and an Independent Director of listed and technology companies. He graduated with BSc, MSc, and PhD degrees in Econometrics from the London School of Economics and Political Science. He was the Director of the Sim Kee Boon Institute for Financial Economics and the Group Managing Director of OUE and Auric Pacific. He founded the Ferrell hedge fund in 1998 and was a property developer. He has more than 60 cited articles and 9 books on Asian economics, digital currency, blockchain, and inclusive FinTech. His latest book is entitled Blockchain and Smart Contracts: Design Thinking and Programming for FinTech.

Dr DING Ding is an Associate Professor and the Vice Dean of School Business at Singapore University of Social Sciences (SUSS), where she has worked since 2008. She holds a PhD in Economics and is a Chartered Financial Analyst (CFA). In her academic career, she has taught various economics and finance courses at the undergraduate, post-graduate, and executive training levels. Her recent research focuses on the development and application of FinTech, and she has published several books and articles in this field. She has also conducted workshops and seminars in the area of FinTech and Blockchain and has developed courses to help students understand and adapt to the new digital economy.

Dr GUAN Chong is an Associate Professor in Marketing and Deputy Director in the Oce of Graduate Studies, Singapore University of Social Sciences (SUSS), Singapore. Chong completed her PhD in Marketing at Nanyang Business School, Nanyang Technological University, and her undergraduate studies in Marketing at Guanghua School of Management, Peking University, China. Her research interests lie in the area of consumer decision-making on digital platforms. Her publications appear in leading journals such as