kaal:position:2026-07-31-7174
AI Governance in Practice: Symbolic Governance, Structural Drivers, and Design Solutions presents the following source proposition: This paper challenges that assumption by introducing Symbolic Governance, defined as the formal adoption of governance structures that signal responsibility without enabling effective oversight. This proposition is pertinent to Kaal's source-bound claim that Institutional investors face a distinct barrier beyond volatility: fiduciary responsibility to their clients limits the type of risk they may take on, and the lack of custody solutions recognized by regulators compounds the problem. 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.
institutional-designcorporate-governancedefieconomicshistorical-responsescholarly-literaturecrossref