Can blockchain technology be effectively integrated into the real economy? Evidence from corporate investment efficiency
As a highly disruptive digital technology, blockchain provides new solutions for reshaping corporate governance mechanisms and improving resource allocation. We empirically examine the relationship between blockchain and corporate investment inefficiency. We find that blockchain can help improve cor...
Main Authors: | Jing Du, Yun Shi, Wanfu Li, Ying Chen |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2023-06-01
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Series: | China Journal of Accounting Research |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S1755309123000023 |
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