Blockchain technology use and myopic management behavior: Evidence from China

Yujia Cui, Yuhang Ma and Rui Li

Economics Letters, 2024, vol. 235, issue C

Abstract: We use a sample of Chinese A-share listed firms and find that firm’s use of blockchain technology contributes to less myopic management behavior, especially regarding overproduction and cutting discretionary expenses. This leads to an enhancement of future firm value.

Keywords: Blockchain technology; Myopic management behavior; Firm value (search for similar items in EconPapers)
JEL-codes: G3 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:235:y:2024:i:c:s0165176524000491

DOI: 10.1016/j.econlet.2024.111565

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