kaal:claim:3373393-016

Existing governance mechanisms work well in some firms but are ineffective in others, because agency conflicts and their specific scope differ from firm to firm.

Source quote, verbatim
However, existing governance mechanisms work well in some firms but are ineffective in others.
From

Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019), II.2 Path Dependencies, p. 13
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

Holds when
Classification

failuresupport: arguedfailure: universal-solution-mismatchfamily: agency-cost-and-managerial-opportunismgovernance-design

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