# kaal:claim:3373393-007

**Claim.** Agency problems originate from the lack of trust between principals and agents, which itself stems from information asymmetries and agents' opportunistic self-interested behavior.

**Type.** mechanism  **Support.** argued

**Source quote.**

> Agency problems originate from the lacking trust between principals and agents.

**From.** Wulf A. Kaal, *Blockchain Solutions for Agency Problems in Corporate Governance* (2019), II. Agency Problems in Corporate Governance, page 4

**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.** reputation, disclosure

**Keywords.** agency-theory, trust, information-asymmetry, opportunism

**Related claims.**

- generalizes: https://wulfkaal.github.io/claims/3962614-010
- extended_by: https://wulfkaal.github.io/claims/3782210-002

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