kaal:claim:3373393-034

Because the DAO structure functions without supervisors, token holders who conclude they cannot add value on a task can move to more productive endeavors without incurring the penalties that would exist in a traditional hierarchical corporate structure.

Source quote, verbatim

because the DAO structure functions without supervisors, DAO token holders who decide they cannot add value on a given task can move to more productive endeavors that better utilize their skills without any penalties

From

Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019), III.3 Reforming Governance Hierarchies, p. 22
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

DAO structures without supervisors

Classification

mechanismsupport: argueddaoinstitutional-design

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