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Anis Benabed โ€“ Doctoral School of Economics and International Business, Bucharest University of Economic Studies, 6 Romana square, Bucharest, Romania

Andreea Boeru โ€“ Doctoral School of Economics and International Business, Bucharest University of Economic Studies, 6 Romana square, Bucharest, Romania

Keywords:
Globalization;
Stock market;
Artificial intelligence;
Impact;
Challenging business;
Business opportunities

DOI: https://doi.org/10.31410/LIMEN.2022.1

Abstract

This paper presents and describes the globalization-influenced stock market and business trends. Globalization introduces profound changes and challenges in development conditions. This pattern is maniยญfested in the economic and business spheres. Indeed, Globalization dictates its laws, one of its fundamental characteristics is the internationalization of production, financial markets and the free movement of capital across naยญtional borders.

As a methodology for this study, we reviewed the existing literature, which was the first step in our research and focused on data analysis as well. The results show that since artificial intelligence, businesses and the stock marยญket are phenomena, elements and some of the results of Globalization, we found out that all of them are connected, especially after the appearance and integration of digitalization that facilitates more opportunities beยญtween the traders and the stock market.

The conclusions show that in stages of globalization, the growth of artificial intelligence and other forms of automated technology are necessary for the stock market. Artificial intelligence is necessary for business operations and trade opportunities, on the other hand by using it more it becomes more inยญtelligent. All this is important for the Stock market because globalizing the stock market needs artificial intelligence (AI), business opportunities and opยญerations that are challenging from one market to another.

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LIMEN Conference

8th International Scientific-Business Conference โ€“ LIMEN 2022 โ€“ Leadership, Innovation, Management and Economics: Integrated Politics of Research โ€“ CONFERENCE PROCEEDINGS, Hybrid (EXE Budapest Center, Budapest, Hungary), December 1, 2022,

LIMEN Conference proceedings published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia

LIMEN Conference 2022 Conference proceedings: ISBN 978-86-80194-66-0, ISSN 2683-6149, DOI:  https://doi.org/10.31410/LIMEN.2022

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

Suggested citation

Benabed, A., & Boeru, A. (2022). Globalization of the Stock Market and the Impact of Artificial Intelligence on Challenging Businesses. In V. Bevanda (Ed.), International Scientific-Business Conference โ€“ LIMEN 2022: Vol 8. Conference proceedings (p. 1-9). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/LIMEN.2022.1

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 Additional reading

Blackman, S. C., Holden, K. & Thomas, W. A. (1994). โ€œLong-term relationship between inter- national share pricesโ€, Applied Economics, Vol. 4, pp. 297-304.

Brendel, A. B., Mirbabaie, M., Lembcke, T., & Hofeditz, L. (2021). Ethical management of arti- ficial intelligence. Sustainability, 13(4), 1974. https://doi.org/10.3390/su13041974

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Chalmers, D., MacKenzie, N. G., & Carter, S. (2021). โ€˜Artificial Intelligence and Entrepreneur- ship: Implications for Venture Creation in the Fourth Industrial Revolutionโ€™, Entrepreneur- ship Theory and Practice, 45(5), pp. 1028โ€“1053. https://doi.org/10.1177/1042258720934581.

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Dash, R., McMurtrey, M., Rebman, C., & Kar, U. K. (2019). Application of artificial intelligence in automation of Supply Chain Management. Journal of Strategic Innovation and Sustain- ability, 14(3). https://doi.org/10.33423/jsis.v14i3.2105

Jorion, P. & Schwartz, E. (1986). โ€œIntegration versus segregation in the Canadian stock marketโ€, Journal of Finance, Vol. XLI, pp. 603-16.

Joshi, R. M. (2009). International business. New Delhi: Oxford University Press. ISBN 978- 0-19-568909-9. โ€œGlobalized economy making water, energy and land insecurity worse: studyโ€.

Neal, L. (2005). โ€œVenture Shares of the Dutch East India Companyโ€, in Goetzmann & Rouwen- horst (eds.), Oxford University Press, 2005, pp. 165โ€“175

Puaschunder, J. M. (n.d.) โ€˜Artificial Intelligence Market Disruptionโ€™, p. 7.

Schneider, J., Abraham, R., Meske, C., & Vom Brocke, J. (2022). โ€˜Artificial Intelligence Gov- ernance For Businessesโ€™, Information Systems Management, pp. 1โ€“21: https://doi.org/10.1 080/10580530.2022.2085825

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