TY - JOUR
T1 - The Use of Blockchain as a Resource for Combating Corruption in Global Shipping
T2 - An Interpretive Case Study
AU - Sarker, Suprateek
AU - Henningsson, Stefan
AU - Jensen, Thomas
AU - Hedman, Jonas
PY - 2021
Y1 - 2021
N2 - Corruption is one of the most troubling societal challenges facing businesses today. Businesses have been combating corruption in fragmented ways, sometimes by creating anti-corruption policies applicable to certain stakeholders and, at other times, by harnessing digital technologies. Recently, the power of blockchain, with its capacity to provide full transactional disclosure and thereby reduce uncertainty, insecurity, and ambiguity in transactions, has been touted as being a game changer in the fight against corruption. Based on a study of the global shipping industry, we find that blockchain mitigates both process and document-related corruption. Based on these findings, we develop an understanding of how corruption may be combated using both social and digital/informational resources, including blockchain technology. Our model, drawing on past work on corruption, shows the complex interplay between identity, institutional actors, technical and other resources, and practices, and we develop conditions that could be effective in fighting corruption by using technologies such as blockchain.
AB - Corruption is one of the most troubling societal challenges facing businesses today. Businesses have been combating corruption in fragmented ways, sometimes by creating anti-corruption policies applicable to certain stakeholders and, at other times, by harnessing digital technologies. Recently, the power of blockchain, with its capacity to provide full transactional disclosure and thereby reduce uncertainty, insecurity, and ambiguity in transactions, has been touted as being a game changer in the fight against corruption. Based on a study of the global shipping industry, we find that blockchain mitigates both process and document-related corruption. Based on these findings, we develop an understanding of how corruption may be combated using both social and digital/informational resources, including blockchain technology. Our model, drawing on past work on corruption, shows the complex interplay between identity, institutional actors, technical and other resources, and practices, and we develop conditions that could be effective in fighting corruption by using technologies such as blockchain.
KW - Blockchain
KW - Corruption
KW - Fraud prevention
KW - Global shipping
KW - Anti-corruption methods
KW - Interpretive case study
KW - Blockchain
KW - Corruption
KW - Fraud prevention
KW - Global shipping
KW - Anti-corruption methods
KW - Interpretive case study
U2 - 10.1080/07421222.2021.1912919
DO - 10.1080/07421222.2021.1912919
M3 - Journal article
SN - 0742-1222
VL - 38
SP - 338
EP - 373
JO - Journal of Management Information Systems
JF - Journal of Management Information Systems
IS - 2
ER -