Theses and Dissertations

ORCID

https://orcid.org/0000-0001-7268-2205

Advisor

Warkentin, Merrill

Committee Member

Marett, Kent

Committee Member

Nehme, Alaa

Committee Member

Paul, Chinju

Committee Member

France, Stephen

Date of Degree

5-16-2025

Original embargo terms

Visible MSU Only 2 Years

Document Type

Dissertation - Campus Access Only

Major

Business Administration (Business Information Systems)

Degree Name

Doctor of Philosophy (Ph.D.)

College

College of Business

Department

Department of Management and Information Systems

Abstract

Information systems scholars have examined the multifaceted benefits of blockchain technology within different IS traditions, providing valuable insights into its diverse applications and potential impacts. In pursuit of economic advantages, such as reduced verification and networking costs, numerous firms adopt blockchain technology. However, blockchain systems in firms can encounter a series of hacks and attacks because of vulnerabilities. The extant studies on blockchain technology and information security suggest conflicting perspectives regarding the legitimacy of blockchain security through conceptual or exploratory papers. In particular, we have a lack of explanatory research that can shed light on the conflicting perspectives. Therefore, I examined the relationship between blockchain technology adoption and information security through empirical research using data breaches. I utilized institutional theory to develop hypotheses and used the staggered difference-in-differences design to test the proposed hypotheses. The longitudinal study applies institutional theory that distinguishes between symbolic and substantive blockchain technology adoption. Symbolic blockchain technology adoption merely offers stakeholders the perception of technological advancement without actual blockchain implementation. Conversely, substantive blockchain technology adoption creates tangible and concrete changes in organizational routines, aligning with the maximization of a meaningful impact on the firms.

Download

Share

COinS