Blockchain technology and environmental efficiency: Evidence from US‐listed firms

Tawiah, Vincent; Zakari, Abdulrasheed; Guo, Li; Kyiu, Anthony

doi:10.1002/bse.3030

Cited by 30 publications

(22 citation statements)

References 51 publications

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“…SCM stakeholders have also piled pressure on technology adoption with low-carbon cooperation opportunities or requirements (Diniz et al , 2021; Hussain et al , 2020; Melander and Pazirandeh, 2019; Xing et al , 2016). Enterprises need advanced technologies to improve their performance against competitors (Gholizadeh et al , 2020; Sundarakani et al , 2021; Tawiah et al , 2022). Investors care about firms’ carbon performance when making investment decisions (Lundie et al , 2019; Mastos et al , 2020; Zvezdov and Hack, 2016).…”

Section: Thematic Analysismentioning

confidence: 99%

“…BCT can also help the effective decision-making process and identify the low-efficiency nodes in SCM (Zeng et al , 2022). The developed BCT has overcome most limitations of previous approaches and can continuously monitor carbon asset transactions and ensure compliance in SCM without additional support (Manupati et al , 2020; Tawiah et al , 2022). BCT can bring trust, efficiency and transparency to SCM members (Diniz et al , 2021; Khan et al , 2021).…”

Section: Thematic Analysismentioning

confidence: 99%

“…Worse, technologies are not always carbon-efficient (Lim et al , 2020; Zahraee et al , 2019). The mining process of BCT and the production process of lithium batteries require a large amount of space and energy (Sadiq Jajja et al , 2021; Tawiah et al , 2022). Embodied carbon generated in the adoption of technologies may be ignored.…”

Section: Thematic Analysismentioning

confidence: 99%

“…The large-scale applications can be expensive for CCUS technology (Yao et al , 2021). Additionally, only industries in developed economies or large firms can take on costly and sizeable low-carbon technology investments (Sadiq Jajja et al , 2021; Singh et al , 2018; Tawiah et al , 2022). In addition, firms’ costs can also be driven by biomass, scarce materials or energy price volatility (Jensen and Govindan, 2014; Tanaka et al , 2018).…”

Section: Thematic Analysismentioning

confidence: 99%

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The role of technology in supply chain decarbonisation: towards an integrated conceptual framework

Jia²,

Lin³

et al. 2023

SCM

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Purpose This study aims to systematically review the current academic literature on the role of technologies in low-carbon supply chain management (SCM), identify and analyse critical themes and propose an integrated conceptual model. Design/methodology/approach A systematic literature review of 48 papers published between 2010 and 2022 was conducted. A conceptual model was advanced. Findings Based on the analysis and synthesis of the reviewed papers, this review provides an initial attempt to integrate technology adoption and low-carbon SCM by developing a diffusion of innovation model of technology-enabled low-carbon SCM within the technology–organisation–environment (TOE) framework, in which drivers, enablers and barriers to technology adoption practices are identified. The environmental, economic and social outcomes of adoption practices are also identified. Originality/value This study provides a novel and comprehensive roadmap for future research on technology-enabled low-carbon SCM. Furthermore, policy, as well as managerial implications, is presented for policymakers and managers.

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Section: Thematic Analysismentioning

confidence: 99%

Section: Thematic Analysismentioning

confidence: 99%

Section: Thematic Analysismentioning

confidence: 99%

Section: Thematic Analysismentioning

confidence: 99%

See 2 more Smart Citations

The role of technology in supply chain decarbonisation: towards an integrated conceptual framework

Jia²,

Lin³

et al. 2023

SCM

View full text Add to dashboard Cite

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“…What role does BCT‐supported organizational sustainability efforts fare in this regard? Study 4 —titled “Blockchain technology and environmental efficiency: Evidence from US‐listed firms” by Tawiah et al (2022)—helps add to the evidence in this field, especially for environmental sustainability. They do so by studying the BCT and environmental efficiency relationship for a large sample of US firms over the 2015–2019 period.…”

Section: Overview Of Studies Published In This Special Issuementioning

confidence: 99%

Blockchain for the environmentally sustainable enterprise

2022

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Blockchain technology (BCT) meaningfully contributes to environmentally sustainable development goals (SDGs) by improving sustainable supply chain management, tracing of product stewardship capabilities, and promoting development of secure and reliable smart cities (Parmentola et al., 2021). Alternatively, BCT has significant energy requirements (Lei et al., 2021) and privacy concerns (Ghonge et al., 2022) and is vulnerable to malicious actors (Krishnan, 2020). Balancing the negative with the positive is critical for successful implementation and adoption of BCT in the environmentally sustainable enterprise. BCT legitimacy has grown across industries. As a key Industry 4.0 technology (Bodhke et al., 2020), it can support cross-sector sustainability effectiveness (Esmaeilian et al., 2020) by capitalizing on key features including decentralization, reliability, transparency, consensus standards, and traceability that are deemed important by multiple

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Saving the environment with indigenous directors: Evidence from Africa

Tawiah,

Matemane,

Oyewo

et al. 2023

Bus Strat Env

Self Cite

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We build on and extend the literature on corporate governance and sustainability by examining whether indigenous directors (IDs, hereinafter) shape corporate environmental performance (CEP, hereinafter). Drawing insights from image motivation, resource dependence, and critical mass theories, we develop models that link IDs with CEP. Analyzing 1,372 firm‐year observations extracted from firms listed on the Johannesburg Securities Exchange (JSE, hereinafter), for the period spanning from 2015 to 2021, we provide robust evidence that IDs are positively associated with a firm's environmental performance and the association is driven primarily by non‐executive and female IDs. In additional analyses, we demonstrate that a token appointment of IDs to a firm's board would not have an impact on CEP, while the appointment of a “critical mass” of IDs promotes CEP. We also find that a higher percentage of IDs on a firm's board increases corporate financial performance (CFP, hereinafter) and reinforces the positive impact of CEP on CFP. Our findings suggest that appointing a higher proportion of IDs to a firm's board promotes both the financial as well as the environmental performance of the firm. Thus, companies could exploit the virtues of especially non‐executive and female IDs to promote corporate environmental sustainability.

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Blockchain technology and environmental efficiency: Evidence from US‐listed firms

Cited by 30 publications

References 51 publications

The role of technology in supply chain decarbonisation: towards an integrated conceptual framework

The role of technology in supply chain decarbonisation: towards an integrated conceptual framework

Blockchain for the environmentally sustainable enterprise

Saving the environment with indigenous directors: Evidence from Africa

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