Blockchain technology use and myopic management behavior: Evidence from China

•Large-sample empirical tests based on Chinese A-share listed firms.•Firm's use of blockchain technology curbs myopic management behavior.•The reduction of managerial myopia enhances future firm value. We use a sample of Chinese A-share listed firms and find that firm’s use of blockchain technology contributes to less myopic management behavior, especially regarding overproduction and cutting discretionary expenses. This leads to an enhancement of future firm value.