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Exploring the Relationship Between Blockchain Technology and Corporate Social Responsibility Performance: Empirical Evidence from European Firms

Author

Listed:
  • Ferdaws Ezzi

    (University of Sfax)

  • Anis Jarboui

    (University of Sfax)

  • Khaireddine Mouakhar

    (University of Caen Normandy)

Abstract

This study analyzes the importance role of blockchain technology to explain the corporate social responsibility performance and additionally the moderating impact of firm life cycle stages on that association. This research based on a sample of 297 European companies listed in the STOXX Europe 600 during 2014–2018 periods; our feasible generalized least squares (FGLS) results show that implemented blockchain technology significantly and positively affects the corporate social responsibility performance enterprises. In addition, this association is in mature life cycle stages. Our results are robust to alternative proxy measures of corporate social responsibility performance and life cycle stages. Our findings extend the literature on the use of BT and the economic consequences engaging in certain types of CSR activity. This study offers a new and integrated theoretical framework to examine the interplay role of BT to explain CSR performance.

Suggested Citation

  • Ferdaws Ezzi & Anis Jarboui & Khaireddine Mouakhar, 2023. "Exploring the Relationship Between Blockchain Technology and Corporate Social Responsibility Performance: Empirical Evidence from European Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1227-1248, June.
    • Handle: RePEc:spr:jknowl:v:14:y:2023:i:2:d:10.1007_s13132-022-00946-7
    DOI: 10.1007/s13132-022-00946-7
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    More about this item

    Keywords

    Blockchain technology; Corporate social responsibility performance; Firm life cycle; STOXX Europe 600;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance

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