Extension: The Distributed Ledger Enterprise: A Comprehensive Analysis of Strategic, Operational, and Financial Applications in Modern Business Management
The Distributed Ledger Enterprise: A Comprehensive Analysis of Strategic, Operational, and Financial Applications in Modern Business Management presents the following source proposition: Distributed Ledger Technology (DLT) as a principle of corporate governance represents an institutional shift of the law of the firm. This proposition is pertinent to Kaal's source-bound claim that Smart contracts enabled by blockchain technology allow comprehensive, near error free, and zero transaction and agency cost coordination of agency relationships. 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.
smart-contractseconomicscorporate-governanceinstitutional-designhistorical-responsescholarly-literatureopenalex