kaal:claim:3441904-001

The core underlying agency problems of corporate governance cannot be fully resolved within the existing theoretical and legal infrastructure, despite decades of governance experiments and extensive rule revisions.

Source quote, verbatim
Despite decades of governance experiments and extensive rule revisions, the existing scope of agency problems suggest that the core underlying agency problems cannot fully be resolved within the existing theoretical and legal infrastructure.
From

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), I. Introduction, p. 5
https://ssrn.com/abstract=3441904 · source PDF

Cite as

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904

Holds when
Classification

failuresupport: arguedfailure: irreducible-agency-problemfamily: agency-cost-and-managerial-opportunismgovernance-designcorporate-governance

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