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The digital transformation for innovative business models in the financial industry: the perspective of engaging strategic stakeholders

Carlos Eduardo de Morais and Simone Sehnem

Revista de Gestão, 2025, vol. 32, issue 1, 51-65

Abstract: Purpose - To analyze the role of technologies in digital transformation (DT) and innovative business models (IBMs) in the financial industry (FI) from the perspective of strategic stakeholders. Design/methodology/approach - A systematic literature review (SLR) was conducted with articles written between 2008 and 2023, utilizing Scopus, Web of Science, ScienceDirect and Wiley databases. Findings - The adoption of innovative technologies, digital platforms and automation was identified as the key outcome. The connection between stakeholder involvement and technologies in DT is emphasized. A theoretical framework integrating DT into organizational objectives is proposed. Research limitations/implications - The study presents limitations in the selection of databases and suggests a deeper exploration of stakeholder involvement. Originality/value - This systematization resulted in the framework presented in figure 6, comprising strategic elements that can be used as a managerial tool by managers seeking to internalize the principles of DT.

Keywords: Digital; Digital startups; Digital transformation; Innovative business model; Stakeholder (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eme:regepp:rege-06-2024-0085

DOI: 10.1108/REGE-06-2024-0085

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