{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/positions/2026-08-08-203",
 "identifier": "kaal:position:2026-08-08-203",
 "additionalType": "https://wulfkaal.github.io/positions/schema.json#AffirmedPositionClaim",
 "name": "Streaming Governance Through Voting Shareholder Responses To Major Environmental And Socia 3D2Ea86F48",
 "text": "Governance Through Voting reports that directors at firms experiencing major environmental and social incidents receive 9.8 percent more negative shareholder votes. This supplies an empirical example of the director-election control available to traditional shareholders in Kaal's contrast with ICO investors. The abstract does not examine ICOs or establish that dissent alone changes firm conduct.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "datePublished": "2026-08-08",
 "dateModified": "2026-08-08",
 "creativeWorkStatus": "Affirmed",
 "responseType": "extension",
 "keywords": [
  "governance-design",
  "corporate-governance",
  "tokenomics",
  "historical-response",
  "scholarly-literature",
  "crossref"
 ],
 "scope_conditions": [
  "The response is limited to the retrieved source proposition and mapped Kaal claim unless fuller source review supports a broader conclusion.",
  "External evidence level: abstract indexed.",
  "Mapping review tier: substantively reviewed abstract-level extension.",
  "Primary mapping confidence: 0.62.",
  "The primary mapping cleared the automated ambiguity test; substantive scope remains review-bound.",
  "Evidence is limited to an exact proposition in a Crossref-indexed abstract; full text was not reviewed.",
  "No relationship is treated as external endorsement, citation, causation, or validation of a broader Kaal claim.",
  "The source reports that directors at firms experiencing major environmental and social incidents receive 9.8 percent more negative shareholder votes. This supplies an empirical example of the director-election control available to traditional shareholders in Kaal's contrast with ICO investors, while it does not examine ICOs and does not establish that dissent alone changes firm conduct."
 ],
 "currentDebate": {
  "name": "Governance Through Voting: Shareholder Responses to Major Environmental and Social Incidents",
  "url": "https://doi.org/10.2139/ssrn.6265083"
 },
 "extends": {
  "identifier": "kaal:claim:3117224-005",
  "url": "https://wulfkaal.github.io/claims/3117224-005",
  "citation": "Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018). SSRN: https://ssrn.com/abstract=3117224",
  "paper": "Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses",
  "authors": [
   "Wulf A. Kaal"
  ],
  "year": "2018",
  "ssrn": "https://ssrn.com/abstract=3117224",
  "source_pdf_sha256": "83e9ccb9219a217d9fcfc5c098b897229ee7cf85623bee3ae22d2e986548466b"
 },
 "isBasedOn": [
  {
   "@id": "https://wulfkaal.github.io/claims/3117224-005"
  },
  {
   "@type": "CreativeWork",
   "name": "Governance Through Voting: Shareholder Responses to Major Environmental and Social Incidents",
   "url": "https://doi.org/10.2139/ssrn.6265083"
  }
 ],
 "batch_id": "kaal-review:2026-08-08:continuous-crossref-0022-oldest-0050-reviewed-v1",
 "review_provenance": "https://kaal-signal-desk.wulf577462.chatgpt.site/#review",
 "publicationStatus": "public",
 "recordTypeNote": "Dated commentary position extending a scholarly corpus claim. Not a verbatim claim extracted from the paper.",
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/positions/index.json"
 },
 "version": "1.0",
 "canonical_url": "https://wulfkaal.github.io/positions/2026-08-08-203",
 "canonicalForm": "https://wulfkaal.github.io/positions/2026-08-08-203.md",
 "candidateId": "kaal:response-draft:2026-08-08:5f013ea9ba7305c49178",
 "evidenceLevel": "abstract indexed",
 "reviewTier": "substantively reviewed abstract-level extension",
 "mappingConfidence": 0.62,
 "mappingAmbiguous": false,
 "mappingMethod": "complete-corpus source-proposition mechanism and scope adjudication",
 "mappingWhyRelevant": "The source reports that directors at firms experiencing major environmental and social incidents receive 9.8 percent more negative shareholder votes. This supplies an empirical example of the director-election control available to traditional shareholders in Kaal's contrast with ICO investors, while it does not examine ICOs and does not establish that dissent alone changes firm conduct.",
 "sourceProvenance": {
  "source": "crossref",
  "sourceRecordId": "10.2139/ssrn.6265083",
  "queryId": "concept:f33140c221de",
  "queryText": "token voting governance",
  "canonicalUrl": "https://doi.org/10.2139/ssrn.6265083",
  "doi": "10.2139/ssrn.6265083",
  "externalIds": {
   "DOI": "10.2139/ssrn.6265083",
   "Crossref": "10.2139/ssrn.6265083"
  },
  "retrievedAt": "2026-08-09T19:17:18.240Z",
  "providerPage": 1,
  "rawObservationSha256": "7741e3b97507efdb41eb9469804a4daff3c38a29066cb5aa31e76199a7afd1d5",
  "inputSnapshotSha256": "a8c552eb32a42bdb6b0d0b8149fa742f13610af3e2fbd518fa6bda5e1fba12eb",
  "inputLine": 10592,
  "chunkId": "crossref-00001",
  "workId": "work:doi:10.2139/ssrn.6265083",
  "workAuthors": [
   "Kingsley Fong",
   "Annie Deng",
   "Ronald W. Masulis"
  ],
  "workPublishedAt": "2026-01-01",
  "identityKeys": [
   "doi:10.2139/ssrn.6265083",
   "crossref:10.2139/ssrn.6265083",
   "url:https://doi.org/10.2139/ssrn.6265083",
   "title:cc4411a5e215325dbc833c5e",
   "proposition:07a6ce84d0c9ca0170d574449d5cee958f99be99888c94bf946c4af85d6187f3"
  ],
  "sourceProposition": "Our findings show that directors at firms experiencing such incidents receive 9.8% more negative votes.",
  "sourcePropositionSha256": "24e10ea7ca40036185d7ace1368873262c6a0e67f6cf49c6b651e72bd455d812",
  "sourcePropositionIndex": 0,
  "claimMappings": [
   {
    "claimId": "kaal:claim:3117224-005",
    "claimUrl": "https://wulfkaal.github.io/claims/3117224-005",
    "rank": 1,
    "confidence": 0.62,
    "method": "complete-corpus source-proposition mechanism and scope adjudication",
    "whyRelevant": "The source reports that directors at firms experiencing major environmental and social incidents receive 9.8 percent more negative shareholder votes. This supplies an empirical example of the director-election control available to traditional shareholders in Kaal's contrast with ICO investors, while it does not examine ICOs and does not establish that dissent alone changes firm conduct.",
    "ambiguous": false
   }
  ],
  "substantiveReview": {
   "disposition": "retained",
   "reviewVersion": "kaal-continuous-crossref-substantive-review-v1",
   "reviewedAt": "2026-08-10T04:24:35.934Z",
   "reviewer": "Codex continuous substantive reviewer",
   "rationale": "The source reports that directors at firms experiencing major environmental and social incidents receive 9.8 percent more negative shareholder votes. This supplies an empirical example of the director-election control available to traditional shareholders in Kaal's contrast with ICO investors, while it does not examine ICOs and does not establish that dissent alone changes firm conduct.",
   "limitations": [
    "Evidence is limited to an exact proposition in a Crossref-indexed abstract; full text was not reviewed.",
    "No relationship is treated as external endorsement, citation, causation, or validation of a broader Kaal claim.",
    "The source reports that directors at firms experiencing major environmental and social incidents receive 9.8 percent more negative shareholder votes. This supplies an empirical example of the director-election control available to traditional shareholders in Kaal's contrast with ICO investors, while it does not examine ICOs and does not establish that dissent alone changes firm conduct."
   ],
   "sourceIdentity": {
    "status": "verified",
    "source": "Crossref REST work record",
    "doi": "10.2139/ssrn.6265083",
    "title": "Governance Through Voting: Shareholder Responses to Major Environmental and Social Incidents",
    "authors": [
     "Kingsley Fong",
     "Annie Deng",
     "Ronald W. Masulis"
    ],
    "language": "unavailable",
    "publisher": "Elsevier BV",
    "checkedAt": "2026-08-10T04:24:35.934Z",
    "responseBodySha256": "2940b74dd4047e3da48946bf38dffce28f4ca9a79a1d263172019c97c93ae0ba",
    "providerReceipt": {
     "path": "outputs/historical-backfill-2026-08-08-crossref/raw-receipts/crossref-022-00001.json",
     "sha256": "da359366b5064f18d2d6e19668e33b13f6ad13d427467b6e52a1c8799adece14",
     "byteLength": 1898648
    }
   },
   "independentRationale": "The exact proposition is present in the live Crossref abstract and the deposited reference list contains no Kaal-authored reference; the relationship is limited to the independently stated proposition.",
   "nonOverlap": {
    "candidateIdMatches": 0,
    "canonicalUrlMatches": 0,
    "propositionHashMatches": 0
   }
  }
 },
 "userAffirmation": "Automatically authorized under standing authority receipt kaal-standing-publication-authorization:2026-08-01:hourly-reviewed-batches, SHA-256 e2126054b58bb4e88db65c334ef4fc8ae78dcaadc63543c408133c4eefceb9b1, limited to this substantively reviewed batch and the unchanged 5,033 scholarly claims.",
 "sha256": "b75a1f1dce717d70fdc1273af2569c8706813973a38d44227a2dc9821453e71a"
}
