kaal:claim:3373393-002

Blockchain technology produces a substantial increase in the efficiency of the agency relationship and lowers agency costs by orders of magnitude.

Blockchain technology facilitates a substantial increase in efficiency in the agency relationship and lowers agency costs in orders of magnitude.

Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019), Abstract, p. 1
https://ssrn.com/abstract=3373393 · source PDF

Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3373393

predictivesupport: assertedblockchaincorporate-governanceeconomicsgovernance-design

• extended_by kaal:claim:3411897-017 Because governance guarantees are embedded in blockchain code, there is no need for a principal to institute o...
• extended_by kaal:claim:3782201-008 Blockchain based guarantees remove agency costs because principals become less essential for monitoring agents...
• extended_by kaal:claim:3808867-035 Blockchain based guarantees remove agency costs because principals are less required to institute oversight an...

The quote above is an exact substring of the source PDF, whose sha256 is 4d1424b9ba9aff8a61bc7a0dddd02cded93785e5843685dde76c07dcdb23961e. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/976e53b9f9132e14...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3373393-002.md | sha256sum