Date: 2023
Type: Contribution to book
The promise and perils of corporate governance-by-design in blockchain-based collectives : the case of dOrg
Julian MANLEY, Anthony WEBSTER and Olga KUZNETSOVA (eds), Co-operation and co-operatives in 21st-century Europe, Bristol : Bristol University Press, 2023, pp. 78-99
MANNAN, Morshed, The promise and perils of corporate governance-by-design in blockchain-based collectives : the case of dOrg, in Julian MANLEY, Anthony WEBSTER and Olga KUZNETSOVA (eds), Co-operation and co-operatives in 21st-century Europe, Bristol : Bristol University Press, 2023, pp. 78-99
- https://hdl.handle.net/1814/76414
Retrieved from Cadmus, EUI Research Repository
This chapter analyses the emergence of new collectivist organizations in response to the growth of the digital platform economy, with a particular focus on a blockchain-based software developers’ collective, dOrg. This chapter shows what alternative business structures, including cooperatives, collectives and decentralized autonomous organizations (DAOs), can offer to the discourse on creating a more sustainable and stable future of work, while also highlighting how organizations such as dOrg innovate long-standing cooperative governance structures. First, the chapter constructs a case study of this transnational collective, describing how its governance structure innovates upon and departs from Rothschild and Whitt’s two ideal types of organization – the bureaucratic organization and the collectivist-democratic organization. Second, the chapter demonstrates how dOrg addresses agency problems by way of corporate governance-by-design. The last section explains how this concept varies from traditional corporate governance and evaluates the extent to which measures introduced to achieve corporate governance-by-design, such as reputation-weighted voting, address the governance challenges faced by collectivist organizations.
Additional information:
Published online: 27 October 2023
Cadmus permanent link: https://hdl.handle.net/1814/76414
Full-text via DOI: 10.56687/9781529226430-011
ISBN: 9781529226430
Publisher: Bristol University Press
Files associated with this item
- Name:
- The_Promise_and_Perils_BC_2023.pdf
- Size:
- 267.0Kb
- Format:
- Description:
- Embargoed until 2024, Final ...