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 "identifier": "kaal:entity:ownership-characteristics",
 "name": "Ownership characteristics",
 "termCode": "ownership-characteristics",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2097160-038",
   "identifier": "kaal:claim:2097160-038",
   "text": "Trigger designs that work well in institutions with the traditional mix of debt-holders and shareholders may be suboptimal once executives themselves hold contingent convertible bonds.",
   "abstract": "Trigger designs that may work well in financial institutions with the traditional mix of debt- holders and shareholders may be suboptimal if executives also hold debt instruments in the form of contingent convertible bonds.275",
   "citation": "Wulf A. Kaal, Contingent Capital in Executive Compensation (2012). SSRN: https://ssrn.com/abstract=2097160",
   "datePublished": "2012",
   "claim_type": "condition",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "executives hold debt instruments in the form of contingent convertible bonds"
   ],
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   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2097160-039",
   "identifier": "kaal:claim:2097160-039",
   "text": "Who owns the contingent convertible bonds affects the efficiency, effectiveness, and corporate governance results of a trigger design, so ownership characteristics belong in the design analysis.",
   "abstract": "The nature of ownership of contingent convertible bonds may create different demands on the design features. Who owns the contingent convertible bonds can impact the efficiency, effectiveness, and corporate governance results of trigger designs.276",
   "citation": "Wulf A. Kaal, Contingent Capital in Executive Compensation (2012). SSRN: https://ssrn.com/abstract=2097160",
   "datePublished": "2012",
   "claim_type": "design",
   "confidence": "argued",
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   "source_pdf_sha256": "1e1f8aa246bce19f4658dbceb455c7c2a272aa5d63a9e9bdaa46a3a5a87680fc",
   "status": "current"
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 "description": "2 claims in the published works of Wulf A. Kaal carry the concept tag 'ownership-characteristics'. Derived node: a roster, not an adjudicated definition."
}