The Impact of Financial Risk Management on Strengthening Corporate Stability Amid Economic Downturns

Abstract

This study examines the effectiveness of technology use in financial management and its influence on corporate growth strategies among publicly listed companies in Indonesia. Using a quantitative approach, data was collected from 150 companies across sectors such as manufacturing, finance, and consumer goods. Key financial technologies—data analytics, artificial intelligence (AI), and blockchain—were analyzed for their impact on growth metrics, including revenue growth, Return on Assets (ROA), and market expansion. Findings reveal a positive relationship between technology adoption and corporate growth, with companies using data analytics and AI demonstrating higher growth and financial resilience. Blockchain use, though limited, showed potential benefits in transparency and cost reduction. These results align with resource-based view (RBV) theory, suggesting that technology adoption enhances competitive advantage. The study offers insights for corporate leaders and policymakers on maximizing technology's role in financial strategy. Future research may investigate barriers to technology adoption in emerging markets and sector-specific applications of financial technologies