kaal:position:2026-07-31-5930
Legal tech and blockchain for corporate governance and shareholders presents the following source proposition: Although blockchain offers the possibility to create a decentralized peer-to-peer network, we will see that The DAO had still some governance problems. This proposition is pertinent to Kaal's source-bound claim that The core agency conflicts that emanate from the separation of ownership by shareholder principals and control by manager agents cannot be fully addressed by the existing theoretical and legal framework, because monitoring agents is inevitably costly and transaction costs abound. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
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