kaal:claim:3373393-015

The continued popularity of existing corporate governance mechanisms may be a product of path dependencies created by the historical evolution of internal and external monitoring mechanisms, rather than of their effectiveness.

Source quote, verbatim
The popularity of existing mechanisms to address the agency problems in corporate governance may be related to path dependencies created by the evolution of internal and external monitoring mechanisms in corporate governance
From

Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019), II.2 Path Dependencies, p. 12
https://ssrn.com/abstract=3373393 · source PDF

Cite as

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

Classification

mechanismsupport: arguedgovernance-designcorporate-governancecomplianceinstitutional-design

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