# kaal:claim:kaal-2014-dynamicregulationviagove-028

**Claim.** If governmental contracts increasingly mandate replacement of boards and senior management, boards will have stronger incentives to make preemptive remedial measures effective.

**Type.** predictive  **Support.** argued

**Holds when.**

- future governmental contracts continue and expand board and management replacement terms

**Source quote.**

> Should future governmental contracts increasingly mandate re- placement of boards and senior management (38% of governmental contracts from 1993 to 2013 replaced boards and management)86, boards may be fur- ther incentivized to optimize the effectiveness of preemptive remedial measures.

**From.** Kaal, *Dynamic Regulation via Governmental Contracts* (2014), III.1 Preemtive Remedial Measures, page 22

**Cite as.** Kaal, Dynamic Regulation via Governmental Contracts (2014)

**Verify.** sha256 of source PDF `7320aec036ccf2f6739f0854ea8749903e8902e77c2ec39543b64b358459c408` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202014%20-%20Dynamic%20Regulation%20via%20Governmental%20Contracts.pdf

**Topics.** corporate-governance, risk-and-incentives

**Keywords.** board-replacement, incentives, preemptive-remedial-measures, governmental-contracts

**Related claims.**

- extends: https://wulfkaal.github.io/claims/2486570-026
- extends: https://wulfkaal.github.io/claims/2486570-025

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.