Continuous Audits and Blockchain Technology within Stakeholder Theory: BIST IT Sector Companies in Türkiye

Abstract

This study evaluates the role of blockchain technology in continuous audits based on stakeholder theory. We used a mixed-method approach, including a survey of 133 participants from the IT sector in the BIST 100 index and interviews with three individuals. This study developed a new questionnaire, and reliability, exploratory, and confirmatory factor analyses were conducted. Canonical correlation analysis was used to test the hypotheses, and descriptive analysis assessed participant responses. Results indicate positive, mid-level relationships between blockchain and continuous audits (32%), blockchain and stakeholder theory (48%), and continuous audits and stakeholder theory (40%). Executives and managers expressed distrust of blockchain but believed it could positively impact stakeholder theory and continuous audits, provided all stakeholders adopted it. The qualitative interview results reinforced the main findings, with participants highlighting the need for legal frameworks, particularly in accounting and auditing, to align blockchain with regulations.

Keywords

• Blockchain Technology
• Continuous Audit
• Stakeholder Theory
• Stakeholder
• Audit

Supporting Institution

The funding of the study was supported by Karamanoğlu Mehmetbey University Scientific Research Center with project number 09-D-22.

Project Number

project number 09-D-22.

Ethical Statement

In this study, official permission was obtained from the Ethics Committee of Karamanoğlu Mehmetbey University, a university in Turkey, for the collection of quantitative and qualitative analysis data.

Continuous Audits and Blockchain Technology within Stakeholder Theory: BIST IT Sector Companies in Türkiye

Abstract

Araştırma sürekli denetim uygulanmasında blokzinciri teknolojisinin kullanımının paydaş teorisi kapsamında değerlendirilmesini amaçlamaktadır. Araştırmada karma yöntem kullanılmıştır. Araştırma BIST 100 endeksinde Bilişim Sektöründe yapılmıştır. Araştırmada anket verileri 133 katılımcıdan elde edilmiştir. Nitel analiz için 3 katılımcı ile görüşme yapılmıştır. Araştırma için yeni anket geliştirilmiş güvenilirlik analizi, keşfedici ve doğrulayıcı faktör analizleri uygulanmıştır. Araştırmanın hipotez testi için kanonik korelasyon analizi yapılmıştır. Ayrıca araştırmada katılımcıların ifadelere katılımlarının değerlendirilmesi için betimleyici analiz uygulanmıştır. Blokzinciri-sürekli denetim (%32), blokzinciri- paydaş teorisi arasında (%48) pozitif yönde ve orta düzeyli bir ilişki olduğu tespit edilmiŞtir. Sürekli denetim ile paydaş teorisi arasında pozitif yönde (%40) orta düzeyli bir ilişki olduğu tespit edilmiştir. Nicel analiz sonuçlarına göre üst düzey yönetici ve müdür pozisyonundaki katılımcıların blokzinciri teknolojisine güven duymadıkları tespit edilmiştir. Katılımcılar blokzinciri teknolojisinin paydaş teorisi kapsamında ve sürekli denetim hususunda olumlu etkilerinin olacağını belirtmişlerdir. Katılımcılar sürekli denetimde blokzinciri teknolojisinin ancak ekosistemdeki tüm paydaşlar tarafından kullanılması halinde verimli olacağını düşünmektedirler. Nitel görüşme sonuçları nicel analiz sonucunu desteklemekte olup, görüşme sonucunda teknolojinin özellikle muhasebe/denetim alanlarında uygulanması için hukuki boyutlarının oluşturulması ve mevzuata uygun yapı sergilemesi gerektiği katılımcılar tarafından ifade edilmiştir.

Keywords

• Blockchain
• denetim
• sürekli denetim
• paydaş

Supporting Institution

Karamanoğlu Mehmetbey Üniversitesi Bilimsel Araştırma Proje Birimi

Project Number

project number 09-D-22.

Ethical Statement

Karamanoğlu Mehmetbey Üniversitesi Etik Kurulundan gerekli etik izin alınmıştır

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