Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)

The Intersection of Tokenomics and Corporate Governance: An Exploratory fsQCA Examination of Leading Firms

Authors
Yan Hu1, *, Daili Bai1
1University of Stirling, Stirling, Scotland, UK
*Corresponding author. Email: yah2@stir.ac.uk
Corresponding Author
Yan Hu
Available Online 9 October 2023.
DOI
10.2991/978-94-6463-256-9_121How to use a DOI?
Keywords
Tokenomics; Corporate Governance; Fuzzy Set Qualitative Comparative Analysis (fsQCA); Blockchain; Decentralized Decision-Making
Abstract

This thesis explores the intersection of tokenomics and corporate governance using Fuzzy Set Qualitative Comparative Analysis (fsQCA). It analyzes five case studies - Overstock, Binance, Uniswap, Ripple Labs, and Circle Internet Financial - to understand how tokenomics influence corporate governance structures and practices. The research finds that user engagement and decentralized decision-making facilitated by token usage play significant roles in shaping corporate governance. The study's findings indicate a potential paradigm shift towards more participatory and decentralized models of corporate governance, calling for a re-evaluation of traditional governance models.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
9 October 2023
ISBN
10.2991/978-94-6463-256-9_121
ISSN
2352-5428
DOI
10.2991/978-94-6463-256-9_121How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Yan Hu
AU  - Daili Bai
PY  - 2023
DA  - 2023/10/09
TI  - The Intersection of Tokenomics and Corporate Governance: An Exploratory fsQCA Examination of Leading Firms
BT  - Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)
PB  - Atlantis Press
SP  - 1196
EP  - 1202
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-256-9_121
DO  - 10.2991/978-94-6463-256-9_121
ID  - Hu2023
ER  -