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Study on Principal-agent Mechanism in Chinese Private Enterprises
作者姓名:Xu  Ren  Ziheng  Huang
作者单位:[1]Mailbox No.503, Beijing Jiaotong University, Beijing, China,100044 [2]Management of Beijing Jiaotong University, Beijing, China, 100044
摘    要:


Study on Principal-agent Mechanism in Chinese Private Enterprises
Xu Ren Ziheng Huang.Study on Principal-agent Mechanism in Chinese Private Enterprises[J].Chinese Business Review,2005,4(1):59-63.
Abstract:Based on the principal-agent theory, this paper analyzes the current situation and the developing trends of Chinese private enterprises. It points out the obstacles confronted by Chinese private enterprise in setting up the principal-agent mechanism and proposes the corresponding solutions to these problems.
Keywords:private enterprise principal-agent theory incentive constraints mechanism
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