INFLUENCE OF BLOCKCHAIN TECHNOLOGY ADOPTION ON FINANCIAL TRANSPARENCY: THE MEDIATING ROLE OF FINANCIAL MANAGERIAL EFFICIENCY AND MODERATING ROLE OF TECHNOLOGY MANAGEMENT CAPABILITY

Abstract

The research aimed to test the influence of block chain technology adoption on the banking sector financial transparency through improving financial managerial efficiency. Moderating influence of technology management capability also used to strengthen the impact of blockchain technology on financial transparency. For this purpose, data collected from banking sector employees using convenient sampling technique which was analyzed using Smart PLS. Hypothesis results shown that blockchain technology adoption has a significant positive impact on financial transparency.  Further results highlighted that blockchain technology adoption also significantly and positively effect to the financial managerial efficiency. Similarly, financial managerial efficiency has a significant positive impact on financial transparency. On the other hand, moderating effects indicated that technology management capability positively and significantly moderated between blockchain technology adoption and financial managerial efficiency. Mediation analysis also shown that financial managerial efficiency partially mediates between blockchain technology adoption and financial transparency. The study results contributed theoretically through extending literature on the blockchain technology after inclusion of financial managerial efficiency as a mediating mechanism and technology management capability as a moderating factor in enhancing financial transparency within the banking sector. Further, on practical perspectives, findings contributed through providing guidance to the banking stakeholders for improving financial transparency, managerial efficiency, and digital transformation through effective adoption of blockchain technology and strong technology management capabilities.