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Article

How Will Blockchain Change Corporate Governance?

1Department of Finance, Community College, Taibah University, Medinah, Saudi Arabia

2Department Finance, Higher Institute of Informatics and Management of Kairouan, Kairouan University, Kairouan, Tunisia

3Department of Economic, College of Business Administration, Taibah University, Medinah, Saudi Arabia

4Department of Economic, Faculty of Economic Sciences and Management of Sousse, Sousse University, Sousse, Tunisia


International Journal of Business and Risk Management. 2019, Vol. 2 No. 1, 16-18
DOI: 10.12691/ijbrm-2-1-3
Copyright © 2019 Science and Education Publishing

Cite this paper:
Abdelkader Derbali, Lamia Jamel, Yosra Mani, Raied Al Harbi. How Will Blockchain Change Corporate Governance?. International Journal of Business and Risk Management. 2019; 2(1):16-18. doi: 10.12691/ijbrm-2-1-3.

Correspondence to: Lamia  Jamel, Department of Economic, College of Business Administration, Taibah University, Medinah, Saudi Arabia. Email: lajamel@yahoo.fr

Abstract

In this article, we examine the importance of the blockchain on the corporate governance. Then, we find that the blockchain and smart contracts offer a solution to reduce these costs borne by the company. Thanks to blockchain and smart contracts, trust is not based on the organization, but rather on the security and auditability of the code that is verified by all the actors.

Keywords