Why costless auditing may reduce social welfare

We analyze a model where both a regulator and a firm may detect and stop bad projects. We show that full auditing by the regulator may be socially suboptimal even with zero auditing costs. The reason is that the firm's own auditing incentive may be crowded out when protected by limited liability. The optimal policy depends on the firm's wealth.     

公私合作背景下的代履行——以行政强制法草案相关条文为分析对象

代履行是一种比较广泛使用的间接强制执行方法,但目前在理论界与实践中并未形成统一的认识。只有没有利害关系的第三人代为履行才是真正意义上的代履行,在紧急情况下的行政机关代为履行则属于直接强制执行。从公私合作的背景来看,第三人与行政机关之间是民事合同关系。代履行的实质是公与私之间的优势互补,充分发挥了行政机关、社会组织、企业在社会治理中各自的优势。     

控股公司对传统公司法理论的挑战及对策分析

企业联合背景下控股公司的迅猛发展,对以单一公司为模版的传统公司法理论与实践带来巨大挑战.原本以资本多数决为核心的股权平等原则,成为控股公司干预从属公司经营的合法工具;公司人格独立和有限责任原则蜕变成掩盖控制权滥用行为的面纱;而公司契约论又为控股公司逃避法律义务提供了借口.传统公司法基本理论的公正性和合理性在控股公司法律实践中遭到前所未有的挑战,制度失灵的矫正急需理论上的创新与制度上的完善.     

CSD water partnerships: Privatization, participation and legitimacy

Public-private partnerships have been presented as an opportunity to improve the input and output legitimacy of global environmental governance, and they were endorsed by intergovernmental agreement at the Johannesburg Summit in 2002. However, their potential to contribute substantially to these aims has also been questioned. For partnerships working in the water sector, the implications of private sector participation for legitimate water governance have been disputed, for example regarding whether public-private partnerships can provide water that is affordable and accessible to all, and whether they provide opportunities for local stakeholder participation. In this article, these discussions are examined with respect to several examples of public-private partnerships registered with the UN Commission on Sustainable Development. The analysis indicates that these partnerships partially address these criticisms, but also have their own shortcomings.     

公私伙伴关系的公共经济学分析

公私伙伴关系(PPP)是政府与私人伙伴之间关于公共服务供给的一种协议。PPP理论从三个方面丰富和发展了公共经济学基础理论:首先,提倡政府与市场是一种合作关系;其次,它从公共产品供给主体的创新、放松所有权约束、强调服务供给效果和提升公共支出效率等方面丰富了公共产品理论;再次,它将交易成本经济学、代理理论和产权理论结合起来,置政府、市场和第三部门于一个"市场"内,融合并发展了公共选择理论。     

供应链合作关系间交易成本的博弈分析

在大部分的工业行业领域,物流的成本能占到生产总成本的一半左右,做好生产活动的供给工作,降低交易成本,对于制造商和供应商意义重大。文中通过研究制造商和供应商之间的博弈,分析了供应商伙伴关系减少交易成本的过程,并提出了供应商伙伴关系减少交易成本的措施。     

影响供应链伙伴关系长久持续的因素分析

作为供应链管理的重要组成部分,供应链伙伴关系成为越来越多企业关注的焦点,能否建立长期稳定的伙伴关系成为决定供应链是否成功实施的关键。通过对影响供应链伙伴关系长久持续的各种因素的对比分析,发现信任关系、企业声誉、长期目标、供应链文化、组织结构和欺骗成本是其中最主要的影响因素。这些因素无论在软件还是硬件上都对供应链伙伴关系的稳定有着重大的影响,通过格力、海尔和国美的案例可以充分证明。     

浅析中、美有限责任公司治理相关法律规定——以ULLCA(1996)及我国公司法为蓝本的比较与分析

本文对美国ULLCA(1996)及我国公司法中相关有限责任公司治理的规定进行比较分析,总结出ULLCA(1996)充分尊重了有限责任公司的"人合性"以及由此而产生的公司治理的"个性";我国《公司法》虽然新近的一次修订已经有了诸多突破,但在有限责任公司的治理问题上却未能有质的改进,在有限责任公司治理问题上传达的立法价值取向仍然是重"资合性",轻"人合性";重"法定治理",而轻"契约治理"。     

ICH,Partner for A Successful Overseas Listing

On April 18, 2007, Yangzijiang Shipbuilding （Holdings） Ltd., one of the leading shipbuilders in China, launched the largest IPO in the last 7 years on the Singapore Exchange Limited （SGX）, Asia＇s first demutualised and integrated securities and derivatives exchange. On the first day of the listing, the share price increased from SBig hit On April 18,2007,Yangzijiang Shipbuilding(Holdings)Ltd.,one of the leading shipbuilders in China,launched the largest IPO in the last 7 years on the Singapore Exchange Limited(SGX),Asia's first demutualised and integrated securities and derivatives exchange.