# kaal:claim:3373393-002

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

**Type.** predictive  **Support.** asserted

**Source quote.**

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

**From.** Wulf A. Kaal, *Blockchain Solutions for Agency Problems in Corporate Governance* (2019), Abstract, page 1

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

**Verify.** sha256 of source PDF `4d1424b9ba9aff8a61bc7a0dddd02cded93785e5843685dde76c07dcdb23961e` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Blockchain%20Solutions%20for%20Agency%20Problems%20in%20Corporate%20Governance.pdf

**Topics.** blockchain, corporate-governance, economics, governance-design

**Keywords.** blockchain, agency-costs, efficiency, corporate-governance

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/3411897-017
- extended_by: https://wulfkaal.github.io/claims/3782201-008
- extended_by: https://wulfkaal.github.io/claims/3808867-035

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