Cryptocurrencies and finance theories / Abdul Quddoos Abdul Basith, Mohammed M Elgammal and Bana Abuzayed
Cryptocurrency (CCY) as a new key player in the currency system that has drawn the attention of scholars to examine its influence, relations and the opportunities that it may provide. However, a financial theoretical framework to connect CCY with financial theory is missing. This paper fills this ga...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universiti Teknologi MARA
2021
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/2914/ |
| _version_ | 1848802668989906944 |
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| author | Abdul Basith, Abdul Quddoos Abuzayed, Bana M Elgammal, Mohammed |
| author_facet | Abdul Basith, Abdul Quddoos Abuzayed, Bana M Elgammal, Mohammed |
| author_sort | Abdul Basith, Abdul Quddoos |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | Cryptocurrency (CCY) as a new key player in the currency system that has drawn the attention of scholars to examine its influence, relations and the opportunities that it may provide. However, a financial theoretical framework to connect CCY with financial theory is missing. This paper fills this gap by providing a review for the theoretical framework introduced in the literature to position CCY in investment and finance theories. This is done by studying the CCY literature and providing a critical feedback on the overall contributions in the area and possible venues for improvement. We report a need for a long-term analysis for CCY as this asset class is fairly new and sufficient data may not be available. Moreover, a better connection and linking with finance theories is required as it is significantly deficient. The promising potential of block chain/ CCY stresses the need for interdisciplinary research including business, legal and information technology disciplines. In addition, the Covid-19 pandemic opens the door for further research to investigate the role of CCY as a hedge in the times of crises. |
| first_indexed | 2025-11-14T21:27:01Z |
| format | Article |
| id | uitm-2914 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T21:27:01Z |
| publishDate | 2021 |
| publisher | Universiti Teknologi MARA |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-29142022-07-05T07:25:57Z https://ir.uitm.edu.my/id/eprint/2914/ Cryptocurrencies and finance theories / Abdul Quddoos Abdul Basith, Mohammed M Elgammal and Bana Abuzayed apmaj Abdul Basith, Abdul Quddoos Abuzayed, Bana M Elgammal, Mohammed Money Financial management. Business finance. Corporation finance Cryptocurrency (CCY) as a new key player in the currency system that has drawn the attention of scholars to examine its influence, relations and the opportunities that it may provide. However, a financial theoretical framework to connect CCY with financial theory is missing. This paper fills this gap by providing a review for the theoretical framework introduced in the literature to position CCY in investment and finance theories. This is done by studying the CCY literature and providing a critical feedback on the overall contributions in the area and possible venues for improvement. We report a need for a long-term analysis for CCY as this asset class is fairly new and sufficient data may not be available. Moreover, a better connection and linking with finance theories is required as it is significantly deficient. The promising potential of block chain/ CCY stresses the need for interdisciplinary research including business, legal and information technology disciplines. In addition, the Covid-19 pandemic opens the door for further research to investigate the role of CCY as a hedge in the times of crises. Universiti Teknologi MARA 2021-08 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/2914/1/2914.pdf Abdul Basith, Abdul Quddoos and Abuzayed, Bana and M Elgammal, Mohammed (2021) Cryptocurrencies and finance theories / Abdul Quddoos Abdul Basith, Mohammed M Elgammal and Bana Abuzayed. (2021) Asia-Pacific Management Accounting Journal (APMAJ) <https://ir.uitm.edu.my/view/publication/Asia-Pacific_Management_Accounting_Journal_=28APMAJ=29.html>, 16 (2): 51. pp. 315-365. ISSN (eISSN):2550-1631 https://apmaj.uitm.edu.my/ |
| spellingShingle | Money Financial management. Business finance. Corporation finance Abdul Basith, Abdul Quddoos Abuzayed, Bana M Elgammal, Mohammed Cryptocurrencies and finance theories / Abdul Quddoos Abdul Basith, Mohammed M Elgammal and Bana Abuzayed |
| title | Cryptocurrencies and finance theories / Abdul Quddoos Abdul Basith, Mohammed M Elgammal and Bana Abuzayed |
| title_full | Cryptocurrencies and finance theories / Abdul Quddoos Abdul Basith, Mohammed M Elgammal and Bana Abuzayed |
| title_fullStr | Cryptocurrencies and finance theories / Abdul Quddoos Abdul Basith, Mohammed M Elgammal and Bana Abuzayed |
| title_full_unstemmed | Cryptocurrencies and finance theories / Abdul Quddoos Abdul Basith, Mohammed M Elgammal and Bana Abuzayed |
| title_short | Cryptocurrencies and finance theories / Abdul Quddoos Abdul Basith, Mohammed M Elgammal and Bana Abuzayed |
| title_sort | cryptocurrencies and finance theories / abdul quddoos abdul basith, mohammed m elgammal and bana abuzayed |
| topic | Money Financial management. Business finance. Corporation finance |
| url | https://ir.uitm.edu.my/id/eprint/2914/ https://ir.uitm.edu.my/id/eprint/2914/ |