Governance of Decentralized Organizations: Lessons from Ethereum
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Governance of Decentralized Organizations: Lessons from Ethereum. / Avital, Michel ; Jensen, Johannes Rude; Ross, Omry.
2019. Paper presented at 11th International Process Symposium Organizing in the Digital Age. PROS 2019, Chania, Greece.Research output: Contribution to conference › Paper › Research
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TY - CONF
T1 - Governance of Decentralized Organizations: Lessons from Ethereum
AU - Avital, Michel
AU - Jensen, Johannes Rude
AU - Ross, Omry
PY - 2019
Y1 - 2019
N2 - We explore the governance mechanisms of decentralized organization drawing on an empirical study of the open source blockchain project Ethereum. We identify three classes of governance mechanisms: control, coordination, and realignment, and compare governance praxis in centralized and decentralized organizations. The findings point to governing action through mutually affective processes between stakeholders and the organization as an emergent whole, in which we map articulations of governance to the process-ontological concepts code and territory. This informs a philosophical interpretation in which governing action is understood as both coding/decoding of norms and practices, and territorializing/deterritorializing of organizational boundaries through perceived shared notions of identity. We argue that interpretations of governance mechanisms in near-autonomous or stigmergic forms of a decentralized organization require a theoretical taxonomy emphasizing process over structure.
AB - We explore the governance mechanisms of decentralized organization drawing on an empirical study of the open source blockchain project Ethereum. We identify three classes of governance mechanisms: control, coordination, and realignment, and compare governance praxis in centralized and decentralized organizations. The findings point to governing action through mutually affective processes between stakeholders and the organization as an emergent whole, in which we map articulations of governance to the process-ontological concepts code and territory. This informs a philosophical interpretation in which governing action is understood as both coding/decoding of norms and practices, and territorializing/deterritorializing of organizational boundaries through perceived shared notions of identity. We argue that interpretations of governance mechanisms in near-autonomous or stigmergic forms of a decentralized organization require a theoretical taxonomy emphasizing process over structure.
M3 - Paper
T2 - 11th International Process Symposium Organizing in the Digital Age. PROS 2019
Y2 - 19 June 2019 through 22 June 2019
ER -
ID: 231911855