Blockchain technology in corporate governance: disrupting chain reaction or not?

Singh, Harjit; Jain, Geetika; Munjal, Alka; Rakesh, Sapna

Abstract

Purpose
The purpose of this paper is to determine the stakeholders’ acceptance on blockchain and to investigate the model fit by using “Technology Acceptance Model” with special reference to corporate governance through cryptography to resolve the decades-old problems of financial record-keeping.

Design/methodology/approach
The whole analysis has been performed in the two steps, i.e. confirmatory factors analysis and structural equation modeling, to prove model fit between behavioral intention and actual behavior for using blockchain technology. Total 223 respondents have been selected, and the selection of the respondent is primarily on the basis of their previous experience with trading corporate equities.

Findings
The study determines empirically all the mentioned relationships of attitude, perceived ease of use and perceived usefulness with the behavioral intention as per the conceptual model to prove the relationship. The results of the manuscript shows the model fit indexes for various constructs are prove the model fit as per the theorized model. The values of the various indexes are found to be under the permissible range which explains the relationship of various constructs based on the theorized model.

Citation

Singh, H., Jain, G., Munjal, A., & Rakesh, S. (2020). Blockchain technology in corporate governance: disrupting chain reaction or not?. Corporate Governance, 20(1), 67-86. https://doi.org/10.1108/cg-07-2018-0261

• Journal Article Type: Article
• Acceptance Date: Aug 9, 2019
• Online Publication Date: Sep 23, 2019
• Publication Date: Jan 22, 2020
• Deposit Date: May 30, 2023
• Journal: Corporate Governance: The International Journal of Business in Society
• Print ISSN: 1472-0701
• Electronic ISSN: 1472-0701
• Publisher: Emerald
• Peer Reviewed: Peer Reviewed
• Volume: 20
• Issue: 1
• Pages: 67-86
• DOI: https://doi.org/10.1108/cg-07-2018-0261
• Keywords: Business, Management and Accounting (miscellaneous)