Decentralized Autonomous Corporations

01/04/2025

This is the future of corporate governance.

07/11/2024

Why do some CEOs get paid so handsomely? Are those astronomical salaries economically justified for the companies? What portion of the shareholders agreed on those salaries at their expense?

07/11/2024

t.me/paralead

You can view and join right away.

07/02/2024

The board mechanism is not an effective Corporate Governance method, because it relies on plurality voting and there are many problems with voting mechanisms. For example:

1- Violating the Independence of Irrelevant Alternatives (Because of the Impossibility Theorem)

2- Tyranny of the Majority or 51% Attack

3- Free Riding, which can result in the Tyranny of the Minority

06/28/2024

As driver-less cars dominate the streets, driver-less corporations (DACs) may dominate Wall Street!

06/11/2024

Can we require a of to mitigate the Tyranny of Majority?
Henderson Investment is an example that shows the unintended consequences of the supermajority rule.

04/19/2024

Here, I present our yellow paper:

https://paralead.com/YellowPaper.pdf

04/08/2024

Corporate Governance with the Board of Directors. Is it perfect?

03/16/2024

Peter Drucker once said, “You can't manage what you can't measure."
Performance Measurement and Incentive Mechanisms are crucial parts of governance.

03/13/2024

Shareholders elect the board members through voting, wherein the voting power is proportional to the number of shares. Then, the board monitors and controls the managers and executives.

03/12/2024

Shareholders vote to elect the board members in the . And the board monitors and controls the executives and managers.

03/10/2024

The separation of ownership and control has benefits, but it also creates agency problems. Therefore, we need corporate governance mechanisms to control and incentivize managers. But ....