Revisiting buyer–seller relationships in sustainable sourcing: advancing trust-commitment theory within the context of blockchain technology
Purpose Trust-commitment theory has been fundamental in understanding interorganizational relationships in sustainable supply chain management. Trust-commitment dynamics can provide insights into sustainable sourcing outcomes. Despite recent extensions to trust-commitment theory, trust and commitment correlation and the mediation role of trust between antecedents (i.e. opportunism) and commitment remains fundamental. We revisit trust-commitment theoretical relationships within the context of blockchain technology—and specifically blockchain smart contracts. Design/methodology/approach We conducted the scenario-based experiment with 100 business professionals from operations, supply chain and related fields to test the proposed hypotheses on how different governance mechanisms impact various managerial perceptions in a buyer–seller setting. Findings Findings reveal that compared with the formal written contract, blockchain smart contract enhances affect-based trust—as the only significant trust dimension, secures buyer commitment and interestingly, encourages opportunistic behavior. The impact of blockchain smart contract on cognition-based and institution-based trust is not significant. The findings advance trust-commitment theory with valuable managerial insights within the blockchain and sustainable sourcing context. Originality/value This study serves as a foundation for future studies to further clarify blockchain technology on sustainable buyer–seller relationships using fundamental relationships of trust-commitment and other social exchange theories.
Authors
- Yanji Duan (ORCID: https://orcid.org/0000-0002-2630-6150)
- Qingyun Zhu (ORCID: https://orcid.org/0000-0001-8526-2664)
- Joseph Sarkis (ORCID: https://orcid.org/0000-0003-0143-804X)
Institutions
- Worcester Polytechnic Institute (US)
- University of North Florida (US)
- San Diego State University (US)
Publication Details
- Journal
- International Journal of Physical Distribution & Logistics Management
- Published
- 2024-09-27
- DOI
- https://doi.org/10.1108/ijpdlm-01-2024-0037
- Citations
- 15
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 11.69