kaal:claim:3227967-017

Many new innovation driven firms that replaced hierarchy with a best-idea-wins culture have struggled to maintain that governance model and to fulfill their initial promise.

Source quote, verbatim

Significantly, however, many such "new" firms have often struggled to maintain this new governance model and fulfill their initial promise.

From

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Legal Education in a Digital Age Why 'Coding for Lawyers' Matters (2018), V. Lawyer of the Future, p. 21
https://ssrn.com/abstract=3227967 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Legal Education in a Digital Age Why 'Coding for Lawyers' Matters (2018). SSRN: https://ssrn.com/abstract=3227967

Holds when

fast growth technology companies with few assets and employees

Classification

failuresupport: assertedfailure: Governance model decay in new firmsfamily: recentralization-driftgovernance-designcorporate-governanceinstitutional-designinnovation

Related claims

supports kaal:claim:2922176-021 Despite the obvious benefits of technology applications in corporate governance, the technological revolution ...

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