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The Mediating Effect of Corporate Governance on the Relationship Between Blockchain Technology and Investment Efficiency

Author

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  • Ferdaws Ezzi

    (University of Sfax)

  • Maher Abida

    (University of Sfax)

  • Anis Jarboui

    (University of Sfax)

Abstract

The purpose of the present study is to investigate the mediating role of corporate governance on the relationship between blockchain technology (BT) and investment efficiency. This research based on a sample of 297 European companies listed in the STOXX Europe 600-years’ data covering the 2014–2018 period, our feasible generalized least squares (FGLS) results show that implemented blockchain technology significantly and positively affects the investment efficiency enterprises. In addition, the link between BT and investment efficiency is mediated by corporate governance. The findings suggest that the positive effect BT on investment efficiency more pronounced for firms with good corporate governance practice.

Suggested Citation

  • Ferdaws Ezzi & Maher Abida & Anis Jarboui, 2023. "The Mediating Effect of Corporate Governance on the Relationship Between Blockchain Technology and Investment Efficiency," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 718-734, June.
    • Handle: RePEc:spr:jknowl:v:14:y:2023:i:2:d:10.1007_s13132-022-00892-4
    DOI: 10.1007/s13132-022-00892-4
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    References listed on IDEAS

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    Cited by:

    1. Haibo Yi, 2024. "An Efficient E-Voting System for Business Intelligence Innovation Based on Blockchain," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 11533-11547, September.

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