# Institutional evolution

`kaal:entity:institutional-evolution`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `institutional-evolution`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 2 works, 2019 to 2023.

**2019**

- [3373393-015](https://wulfkaal.github.io/claims/3373393-015) [mechanism/argued] -- The continued popularity of existing corporate governance mechanisms may be a product of path dependencies created by the historical evolution of internal and external monitoring mechanisms, rather than of their effectiveness.
  > The popularity of existing mechanisms to address the agency problems in corporate governance may be related to path dependencies created by the evolution of internal and external monitoring mechanisms in corporate governance
  Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3373393

**2023**

- [4529715-011](https://wulfkaal.github.io/claims/4529715-011) [mechanism/argued] -- Information technology has facilitated and arguably necessitated the DAO in the same way that the printing press, navigational instruments, and reliable maritime shipping necessitated and facilitated the joint stock corporation.
  > technologies such as the printing press, navigational instruments, and reliable maritime shipping necessitated and facilitated the development of the joint-stock corporation, information technology has facilitated and arguably necessitated the DAO.
  Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023). SSRN: https://ssrn.com/abstract=4529715

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/institutional-evolution.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.