Abstract
Big data is one of the most valuable assets for businesses seeking to reach the broadest possible customer base. Big data offers significant benefits to corporate financial reporting, increasing its reliability and objectivity and transitioning from periodic to real-time reporting. The purpose of this research is to reveal the effect of big data on profit prediction. The research also investigated the effect of innovative business intelligence techniques and blockchain, as to dimensions of big data, on the disclosure quality of financial reports. A case study was conducted on the data of HSBC bank, which comes from the social networking website (Facebook) as one of the big data sources, to investigate the extent of the ability of big data in the preparation of predictive financial reports accurate. In addition to that, A total of 121 valid questionnaires were tested statistically to investigate the relationship between big data dimensions on the Disclosure quality of financial reports. The research concluded that big data gives businesses a competitive advantage in terms of operational efficiency, risk reduction, cost reduction, and technical and nontechnical innovation. Firms that are able to utilize innovative business intelligence technologies and blockchain database solutions can meet the challenges of big data applications to collect and analyze data in real-time.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Kagermann H (2015) Change through digitization—Value creation in the age of Industry 4.0. In: Albach H, Meffert H, Pinkwart A, Reichwald R (eds) Management of permanent change. Springer, Wiesbaden, pp 23–45. https://doi.org/10.1007/978-3-658-05014-6_2
Salaheldeen, M., Artificial Intelligence in Business Research: trends and future, in Emerging Issues and Challenges in Management Conference (2017) Faculty of Commerce. Menoufia University, Egypt
Salaheldeen M, Battour M, Nazri MA, Ahmad Bustamam US, Hashim AJCM (2022) The perception of success in the halal market: developing a halal entrepreneurship success scale, J Islamic Mark. ahead-of-print, no. ahead-of-print. https://doi.org/10.1108/JIMA-10-2021-0341
Salaheldeen M, Battour M, Nazri MA, Bustamam USA (2021) Prospects for achieving the sustainable development goals 2030 through a proposed halal entrepreneurship success index (HESI). SHS Web Conf. 124:08001. https://doi.org/10.1051/shsconf/2021124080
Ardito L et al (2019) Towards Industry 4.0: mapping digital technologies for supply chain management-marketing integration. Bus Process Manag J 25(2):323–346
Salaheldeen M (2015) Management control systems as a package: an application to science & technology parks: UPTEC case study. In: 8th conference on performance measurement and management control: nice, France
Salaheldeen M (2022) Opportunities for halal entrepreneurs in the Islamic digital economy: future and trends from a cultural entrepreneurship perspective. In: Ratten V (ed) Cultural entrepreneurship: new societal trends. Springer Nature Singapore, Singapore, pp 95–107
Tabesh P, Mousavidin E, Hasani S (2019) Implementing big data strategies: a managerial perspective. Bus Horiz 62(3):347–358
Sadasivam GS et al (2016) Corporate governance fraud detection from annual reports using big data analytics. Int J Big Data Intell 3(1):51–60
Vasarhelyi MA, Kogan A, Tuttle BM (2015) Big data in accounting: an overview. Account Horiz 29(2):381–396
Schneider GP et al (2015) Infer, predict, and assure: accounting opportunities in data analytics. Account Horiz 29(3):719–742
Bhimani A, Willcocks L (2014) Digitisation, ‘Big Data’ and the transformation of accounting information. Account Bus Res 44(4):469–490
Cai L, zhu Y (2015) The challenges of data quality and data quality assessment in the big data era. Data Sci J 14:2
Sledgianowski D, Gomaa M, Tan C (2017) Toward integration of big data, technology and information systems competencies into the accounting curriculum. J Account Educ 38:81–93
Matthias O et al (2017) Making sense of Big Data–can it transform operations management? Int J Oper Prod Manag 37(1):37–55
Poleto T, de Carvalho VDH, Costa APCS (2015) The roles of big data in the decision-support process: an empirical investigation. In: Delibašić B, Hernández JE, Papathanasiou J, Dargam F, Zaraté P, Ribeiro R, Liu S, Linden I (eds) Decision Support Systems V – Big Data Analytics for Decision Making, vol 216. Lecture Notes in Business Information Processing. Springer, Cham, pp 10–21. https://doi.org/10.1007/978-3-319-18533-0_2
Noureldeen A, Salaheldeen M, Battour M (2022) Critical success factors for ERP implementation: a study on mobile telecommunication companies in Egypt. In: Al-Emran M et al (eds) Lecture Notes in Networks and Systems. Springer International Publishing, Cham, pp 691–701
Ianni M, Masciari E, Sperlà G (2021) A survey of big data dimensions vs social networks analysis. J Intell Info Syst 57(1):73–100
Basuony MA et al (2020) Big data analytics of corporate internet disclosures. Account Res J
Siano F, Wysocki P (2021) Transfer learning and textual analysis of accounting disclosures: applying big data methods to small (ER) datasets. Account Horiz 35(3):217–244
Deepa N et al (2022) A survey on blockchain for big data: approaches, opportunities, and future directions. Future Gener Comput Syst 131:209–226
Rabah K (2018) Convergence of AI, IoT, big data and blockchain: a review. Lake Institut J 1(1):1–18
Jha A (2019) Financial reports and social capital. J Bus Ethics 155(2):567–596
Chen S, Miao B, Shevlin T (2015) A new measure of disclosure quality: the level of disaggregation of accounting data in annual reports. J Account Res 53(5):1017–1054
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this paper
Cite this paper
Elmashtawy, A., Salaheldeen, M. (2023). Big Data and Business Analytics: Evidence from Egypt. In: Al-Emran, M., Al-Sharafi, M.A., Shaalan, K. (eds) International Conference on Information Systems and Intelligent Applications. ICISIA 2022. Lecture Notes in Networks and Systems, vol 550. Springer, Cham. https://doi.org/10.1007/978-3-031-16865-9_40
Download citation
DOI: https://doi.org/10.1007/978-3-031-16865-9_40
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-031-16864-2
Online ISBN: 978-3-031-16865-9
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)