相关期刊:《Journal of Modern Accounting and Auditing》《Journal of the Operations Research Society of China》《Chinese Business Review》《Advances in Manufacturing》更多>>
The advent of Industry 4.0 has compelled businesses to adopt digital approaches that combine software toenhance production efficiency. In this rapidly evolving market, software development is an ongoing process thatmu...
Based on principal-agent theory,this paper establishes an incentive contract mechanism between government and NPO under asymmetric information,and analyzes the impact of absolute risk aversion and output level on the ...
This research was supported by the National Natural Science Foundation of China(No.71571001).
Under the Knightian uncertainty,this paper constructs the optimal principal(he)-agent(she)contract model based on the principal’s expected profit and the agent’s expected utility function by using the sublinear expe...
The optimization investment policy decision of SCM-Supply Chain Management-implementation has been analysed under symmetric and asymmetric information conditions. For both conditions, SCM implementation options’ deci...
INTRODUCTIONHart once proposed in his book "corporate governance": Some theory and implications that governance issue would emerge if there is any interest conflict between principal and agent with no support of a ...
In inventory financing,asymmetric information between banks and the third party logistics enterprises may incur moral risks,often causing economic losses of banks.To effectively solve this problem,a pure incentive sch...
Successful solution to any environmental problem implies working with Knightian uncertainty that explicitly deals with decision making under conditions of unstructured randomness. Nature did not endow us with clear se...
In government procurement activities, asymmetric information, incomplete contracts and opportunism, led to the dysfunction of principal-agent. Through the reference of the principal-agent theory, this paper uses the m...
Both conflict and asymmetric information exist betweenthe telecom operators and the service provider,and result in illegal behaviors of the service provider.The relationship between the telecom operators andthe servic...
Moral hazard is an important factor threatening stability of dynamic alliance. Firstly, the paper describes the problem of moral hazard in dynamic alliance and introduces the Tirole Model of moral hazard prevention. T...