Financial Management and Growth Strategies: Literature Review

Authors

DOI:

https://doi.org/10.63969/qx8s8566

Keywords:

Financial management, Growth strategies, SMEs, Financial innovation, Artificial intelligence

Abstract

This article presents a literature review on financial management and its impact on business growth strategies, focusing on studies published between 2020 and 2026. Financial management is identified as a crucial factor for the development and expansion of organizations, especially in complex and changing economic contexts. Various growth strategies, such as diversification of financing sources, integration of advanced technologies like artificial intelligence, and the impact of financial resource management on competitiveness and sustainability, are explored. The review highlights the importance of sound financial practices in the context of SMEs and the challenges they face in an unstable economic environment. Furthermore, the article emphasizes the role of technological innovation as a driver for optimizing decision-making and increasing operational efficiency. Finally, the article underscores gaps in current research and suggests areas of study for future developments at the intersection of financial management and business growth strategies.

Downloads

Download data is not yet available.

References

Ansoff, H. I. (2021). Corporate strategy: An analytic approach to business policy for growth and expansion (2nd ed.). McGraw-Hill.

Ayala, P. C. M. (2024). Importancia de las estrategias financieras para la competitividad y productividad en PYMES. Revista U. Azuay, 2024.

Brigham, E. F., & Ehrhardt, M. C. (2021). Financial management: Theory & practice (16th ed.). Cengage Learning.

Brynjolfsson, E., & McAfee, A. (2020). The second machine age: Work, progress, and prosperity in a time of brilliant technologies. W.W. Norton & Company.

Chaves, M. M. C., & Camacho, G. C. (2025). Financial strategies to empower entrepreneurs: Success stories. International Journal of Professional Business Review.

El Alami, S. E., et al. (2025). Machine learning and deep learning in computational finance: A systematic review. arXiv. https://arxiv.org/abs/2511.21588

El País. (2025). Blockchain: Disrupting the financial sector with transparency and efficiency. https://elpais.com/economia

El País. (2025). La gestión de la tesorería al siguiente nivel gracias a la IA. https://elpais.com/economia

Guerrero, WA, Camacho-Galindo, S., Guerrero-Martin, LE, Arévalo, JC, Fernandes, FA, Correa, ES y Guerrero-Martin, CA (2024). Desarrollo de estrategias de gestión financiera y administrativa para la sostenibilidad empresarial. DINA

Hernández, J. (2025). Digitalización y Aplicaciones Contables en la Gestión Financiera y Fiscal de Empresas Panameñas. Sociedades

Kotler, P., & Keller, K. L. (2022). Marketing management (15th ed.). Pearson Education.

Miller, M. H., & Modigliani, F. (2020). The theory of financial management. Macmillan.

Mwidege, A. (2024). Financial management practices on growth of SMEs. Journal of Business Research, 35(2), 102-115.

Salamah, S. N. (2023). Financial management strategies to improve business performance. Journal of Contemporary Admin. & Management, 1(1).

Villalva Vásquez, VN, Villalva Cárdenas, E., López Molina, LA, & Villalva Cárdenas, MA (2025). Estrategias para potenciar la sostenibilidad y crecimiento de las pymes: caso de estudio lana plus. STRATEGOS - Revista Internacional de Estudios en Ciencias Administrativas

Published

2026-01-31

How to Cite

García Arguello , C. L. ., & Álvarez Carrera, K. M. . (2026). Financial Management and Growth Strategies: Literature Review. Multidiciplinary Journal Academic Imperium, 3(1), 1-13. https://doi.org/10.63969/qx8s8566

Similar Articles

1-10 of 50

You may also start an advanced similarity search for this article.