Stakeholders' Blockchain Engagement: An Interdependence Theory's Principle of Interaction's Framework
This study investigates the intersection of blockchain technology, stakeholder engagement, and business sustainability, focusing on customers and employees. By introducing the concept of stakeholders' blockchain engagement and integrating Interdependence theory's principle of interaction facets, the research highlights how blockchain's engagement antecedents—decentralization, privacy/anonymity, immutability, traceability, and transparency— influence stakeholder engagement. The findings suggest that these antecedents enhance trust, control, and transparency, leading to improved customer loyalty and employee satisfaction. These outcomes contribute to long-term business sustainability by fostering stronger relationships, reducing turnover, and promoting ethical practices.
Authors
- Airi Freimuth (ORCID: https://orcid.org/0000-0003-4004-7455)
Institutions
- Tallinn University of Technology (EE)
Publication Details
- Journal
- Scientific Papers of the University of Pardubice. Series D, Faculty of Economics and Administration
- Published
- 2024-12-12
- DOI
- https://doi.org/10.46585/sp32022089
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 0.00