Abstract

Author:
Chibuike Daraojimba, Adesola Adepeju John-Ladega, Kehinde Mobolaji Abioye, Fuzzy Naomi Oguntoyinbo, Oluwaseun Augustine Lottu, Adekunle Abiola Abdul, Ayoola Maxwell Alabi

Doi: 10.26480/jtwe.01.2024.01.09

This is an open access article distributed under the Creative Commons Attribution License CC BY 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

This research study seeks to elucidate the role and impact of predictive analytics in corporate finance and financial stability, offering a comprehensive analysis grounded in qualitative research and case studies. Through an exploration of its evolutionary trajectory, the study delineates the foundational principles of predictive analytics, highlighting its progression from statistical theories to a sophisticated tool harnessing machine learning and big data analytics. The research further delves into the significant impact of predictive analytics on risk management and investment strategies in corporate finance, illustrating its role in fostering a proactive and data-driven approach to financial decision-making. Moreover, the study underscores the pivotal contributions of predictive analytics in maintaining financial stability, particularly in predicting financial crises and aiding regulatory perspectives. Through a detailed analysis, the research highlights the potential of predictive analytics in reshaping the global financial landscape, fostering a future characterized by innovation, efficiency, and resilience. Looking ahead, the research suggests promising avenues for further innovations and developments in the sector, with predictive analytics poised to play a central role in shaping a more interconnected and resilient financial ecosystem. At the advent of a period characterized by data-centric decision processes and analytical prescience, predictive analytics emerges as a pivotal catalyst for innovation, directing the financial sector towards an era of enhanced stability and prosperity.