kaal:position:2026-07-31-7831

Remuneration Policies in Investment Firms presents the following source proposition: The chapter then discusses how MiFID II and related regulation impacts on corporate governance of investment firms, with remuneration policies as examples and the focus of discussion. This proposition is pertinent to Kaal's source-bound claim that Mobilizing investors as stewards leads managers to ask the wrong questions about sustainable success: rather than pushing firms toward innovation and relevancy, such measures simply reinforce the centralized shareholder primacy view they were meant to soften. 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.

Affirmed commentary position. This record extends a source-bound scholarly claim but is not a verbatim paper claim.
Holds when
Current debate

Remuneration Policies in Investment Firms

Scholarly basis

kaal:claim:2922176-013
Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017). SSRN: https://ssrn.com/abstract=2922176
Source PDF sha256: fa4e986917d437cb1504281e7b986be2698e9507d8feaf426c9d7d1754ca882c

Evidence and mapping

Evidence: abstract indexed
Review tier: moderate-confidence claim review
Mapping confidence: 0.3665
Mapping ambiguous: true

Topics

corporate-governanceinnovationhistorical-responsescholarly-literaturecrossref

Provenance

Affirmed in kaal-review:2026-07-31:streaming-etl-0010 on 2026-07-31. Review record.

Verify

Canonical markdown sha256: 27c3f7e22b353b2e107f3fa0331cc4ea54ae503c67c6bd4c9efda0d064c101f9
curl -s https://wulfkaal.github.io/positions/2026-07-31-7831.md | sha256sum