Corporate Finance in the New Business Ecosystem in the Digital Age

Abstract

In the digital age of continuous technological evolution, business ecosystems are being renovated. This study aims to explore the impacts of blockchain technology—a foundationally innovative technology—which is reshaping and even revolutionizing corporate finance. This underlying technology in the heart of all financial innovations has a great disruptive potential for the financial sector. In this context, it is deeply focused on how corporate finance is being transformed by blockchain technology and its extensions (distributed ledgers and smart contracts) and what the reflections will be on corporate governance, capital markets, corporate voting, and accounting matters in corporate finance.