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Ismet Kalić et al.

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Ismet Kalić et al.

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1. University FINRA Tuzla, Mitra Trifunovića Uče 9, 75 000 Tuzla, Bosnia and Herzegovina
1. University FINRA Tuzla, Mitra Trifunovića Uče 9, 75 000 Tuzla, Bosnia and Herzegovina

Abstract: The digitalization of the business environment has significantly transformed approaches to financial management and created the need for the development of new models of financial and risk management. The purpose of this paper is to analyze digital financial management in the context of financial risk management and long-term sustainable development. The aim of the paper is to present the importance of modern digital technologies, analyze their role in financial risk management, and highlight the relationship between digital financial management and the green economy. The paper applies methods of analysis and synthesis of relevant scientific literature, comparative analysis, and a review of empirical studies. The research results indicate that digital technologies – artificial intelligence, blockchain, and big data analytics – represent key instruments for managing credit, market, operational, and liquidity risks. At the same time, digital financial management plays a significant role in directing capital more efficiently toward sustainable investments and green projects. The contribution of this paper is reflected in the systematization of digital financial management concepts and in highlighting its strategic role in connecting risk management, financial inclusion, and green economy principles as factors of long-term business sustainability.

Keywords: digital technologies, digital financial management, sustainable development, risk management, green economy

Summary: The digitalization of the business environment has significantly transformed approaches to financial management and created the need for the development of new models of financial and risk management. The purpose of this paper is to analyze digital financial management in the context of financial risk management and long-term sustainable development. The aim of the paper is to present the importance of modern digital technologies, analyze their role in financial risk management, and highlight the relationship between digital financial management and the green economy. The paper applies methods of analysis and synthesis of relevant scientific literature, comparative analysis, and a review of empirical studies. The research results indicate that digital technologies – artificial intelligence, blockchain, and big data analytics – represent key instruments for managing credit, market, operational, and liquidity risks. At the same time, digital financial management plays a significant role in directing capital more efficiently toward sustainable investments and green projects. The contribution of this paper is reflected in the systematization of digital financial management concepts and in highlighting its strategic role in integrating risk management, financial inclusion, and green economy principles as factors of long-term business sustainability.
Keywords: digital financial management, digital technologies, green economy, risk management, sustainable development

This work is licensed under Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International.

Received: 18.5.2026.

Accepted: 26.10.2026.

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