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Can blockchain-technology fight corruption in MNEs' operations in emerging markets?
Uppsala University, Disciplinary Domain of Science and Technology, Technology, Department of Civil and Industrial Engineering, Industrial Engineering and Management.ORCID iD: 0000-0003-4159-6739
Uppsala University, Disciplinary Domain of Science and Technology, Technology, Department of Civil and Industrial Engineering, Industrial Engineering and Management.
Stockholm School of Economics.
2022 (English)In: Review of International Business and Strategy, ISSN 2059-6014, E-ISSN 2059-6022, Vol. 32, no 1, p. 39-56Article in journal (Refereed) Published
Abstract [en]

Purpose

The purpose of the study is to explore, with anchorage in theories about the normalization of corruption, under what conditions blockchain technology can mitigate corruptive practices of multinational enterprises (MNEs) in emerging markets (EMs).

Design/methodology/approach

By synthesizing a technological perspective and theory on corruption, the authors examine the feasibility of blockchain for fighting corruption in MNEs’ business operations in EMs.

Findings

Blockchain technology is theorized to have varying mitigating effects on the rationalization, socialization and institutionalization of corruption. The authors provide propositions describing the effects and the limitations of blockchain for mitigating corruption in EMs.

Social implications

This paper offers a perspective for how to tackle acute business problems and social problems pronounced in international business but also prevailing elsewhere.

Originality/value

The study contributes to literature in international management by systematically exploring how and under what conditions blockchain can mitigate the normalization of corruption.

Place, publisher, year, edition, pages
Emerald Group Publishing Limited, 2022. Vol. 32, no 1, p. 39-56
Keywords [en]
Blockchain, Emerging Markets, Corruption
National Category
Business Administration
Research subject
Business Studies
Identifiers
URN: urn:nbn:se:uu:diva-451905DOI: 10.1108/RIBS-12-2020-0155ISI: 000681705500001OAI: oai:DiVA.org:uu-451905DiVA, id: diva2:1589778
Available from: 2021-08-31 Created: 2021-08-31 Last updated: 2025-04-09Bibliographically approved
In thesis
1. Blockchain Narratives: Cyber-Romanticism and the Digital Enlightenment
Open this publication in new window or tab >>Blockchain Narratives: Cyber-Romanticism and the Digital Enlightenment
2025 (English)Doctoral thesis, comprehensive summary (Other academic)
Abstract [en]

There is a growing recognition that the stories surrounding technology; so called ‘narratives’, have a strong influence on our inception of reality, for example, on how societies imagine the future, or how organisations position themselves in relation to technological change. Technologies do not simply emerge and diffuse, claims the narrative literature, but are made meaningful through stories, symbols, and contested ideas about what they are, have been, or could become.

While blockchain is often described in technical terms through promises of its disruptive potential, less attention has been paid to the stories themselves; how they shape its technological trajectory, and how stories about blockchain’s capabilities orient and guide our thinking in certain contexts. Current literature tends to treat blockchain either as a neutral infrastructure or as a disruptive force within established paradigms, with much of it positioning blockchain uncritically as a utopian solution to contemporary challenges. Consequently, this thesis aims to explore how different narratives shape the way blockchain is understood, and how these narratives reciprocally shape our experiences with this amorphous technology.

Drawing on the philosophy of technology, sociomateriality, and narrative theories, a qualitative, interpretive methodology is used to conceptualise and explore the implications of two dominant narratives; that of Cyber-Romanticism, and the Digital Enlightenment. As critical lenses, these narratives are subsequently applied to the papers that are included within this thesis, in order to help understand the implications of blockchain use across the dimensions of Autonomy of Money, Corruption, Sustainability, and Digital Asset Ownership.

Findings suggest that blockchain is not one technology, but many competing visions wrapped into a single term. Rather than settling into a stable trajectory, it remains a site of ongoing negotiation and meaning-making, with important implications for how technological change is understood; not as a linear process driven solely by technical features or market forces, but as a contested and imaginative social practice. Consequently, this thesis contributes to a deeper understanding of how emerging technologies such as blockchain are indirectly narrated into being, and it invites scholars and practitioners alike to reflect on the power of stories, not only to describe the, past, present, and future, but also to actively shape it.

Place, publisher, year, edition, pages
Uppsala: Acta Universitatis Upsaliensis, 2025. p. 122
Series
Digital Comprehensive Summaries of Uppsala Dissertations from the Faculty of Science and Technology, ISSN 1651-6214 ; 2542
National Category
Science and Technology Studies
Identifiers
urn:nbn:se:uu:diva-554215 (URN)978-91-513-2485-2 (ISBN)
Public defence
2025-06-12, Lecture hall Sonja Lyttken, Ångströmlaboratoriet, Regementsvägen 10, Uppsala, 13:00 (English)
Opponent
Supervisors
Available from: 2025-05-19 Created: 2025-04-09 Last updated: 2025-05-19

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Davis, MatthewLennerfors, Thomas TaroTolstoy, Daniel

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