The emergence of decentralized autonomous organizations (DAOs) represents a significant shift in organizational design driven by blockchain technology. Unlike traditional hierarchical structures, DAOs operate through decentralized governance, algorithmic rules, and collective coordination embedded within distributed systems. Despite growing scholarly attention, existing research remains fragmented, with limited integration across technological, governance, and organizational dimensions. This paper addresses this gap by developing a multidimensional theoretical framework that explains the organizational logic of DAOs through the interaction of blockchain architecture, governance mechanisms, and coordination processes. Drawing on an integrative review of the literature, DAOs are conceptualized as socio-technical systems in which technological infrastructure enables decentralized governance, governance mechanisms shape participation and decision-making, and coordination processes support collective action and value creation. The framework highlights the interdependencies among these dimensions and advances a set of theoretical propositions to guide future research. By offering a more integrated perspective, this study contributes to DAO scholarship and extends organizational theory to better account for decentralized and algorithmic forms of organizing. The findings also provide insights for designing and governing DAOs in the evolving digital economy.
Caizhi Hu (Fri,) studied this question.