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

across a heterogeneous population of firms

Classification

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

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 4d1424b9ba9aff8a61bc7a0dddd02cded93785e5843685dde76c07dcdb23961e. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/b8d0f09ceeccf07d...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3373393-016.md | sha256sum