Researcher ORCID Identifier

0009-0007-1060-9193

Graduation Year

2023

Date of Submission

4-2023

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics-Accounting

Reader 1

Matthew Magilke

Terms of Use & License Information

Terms of Use for work posted in Scholarship@Claremont.

Rights Information

2023 Najeeb I Fakhoury

Abstract

This thesis examines the impact of blockchain technology on the profitability of businesses. The study assesses the impact of companies implementing blockchain in their inventory management practices compared to those that do not. The sample size comprises 108 companies listed in the S&P 500 index from 2016 to 2022, of which 26 have integrated blockchain into their inventory management practices. The data for this research was gathered from S&P Capital IQ. To analyze the impact of blockchain, a fixed effects model was used on this panel dataset. The findings indicate a positive relationship between a higher inventory turnover and higher profitability, and this association is even stronger for companies that have integrated blockchain into their inventory management practices.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.

Share

COinS