agency problem 中文意思是什麼

agency problem 解釋
代理問題債券人
  • agency : n. 1. 動作，作用；行為；動力，力量；媒介。2. 經辦，代理，代辦；代銷處。3. 機構；（黨、政）機關，廳，局。4. 〈美國〉印第安人事務局（＝ Indian agency ）。
  • problem : n. 1. 問題，課題；疑難問題；令人困惑的情況。2. 【數、物】習題；作圖題。3. （象棋的）布局問題。adj. 1. 成問題的；難處理的。2. 關于社會問題的。
  1. In a word, it presents a comprehensive and systemic analysis on mbo in china and foreign countries, from the followly fire aspects : the background of mba, the policy environment, the objective firms, the pricing methods, the financing system, find out differences of mba and the causes of them, and combinating special eco - nomic environment and economic traces of our country, the author puts forward counterplan. these counterplans primarily include : from strengthening laws, enhancing the information to publish, culturing to agency and etc to come to perfect the mbo policy environment on our country ; defining objective firms of mbo in realm that the state - owned property is decided to withdraw ; with the clean property worth for the foundation, synthesize to consider managers " contribute and the value of control powers with company, and pass the market mechanism to come for right price of the objective firms ; pass growing the organization investor, creative financing tool and optimizing the assistant financial system, establishing the valid withdrawing way of financing etc to resolve the financing problem

    在此基礎上，論文從收購背景、政策環境、目標企業、定價方法、融資體制等五個方面對中外mbo做了全面系統的對比分析，找出了兩者的差異及原因，並結合我國特有的經濟環境和經濟軌跡，提出了相應的對策措施。這些對策主要包括：從健全法律法規、加強信息披露、培育中介機構等方面來完善我國mbo的政策環境；在國有資產決定退出的領域內對mbo的目標企業進行界定；以凈資產值為基礎，綜合考慮管理層貢獻和公司控制權兩個因素，通過市場機制來為目標公司正確定價；通過培育機構投資者、創新融資工具和優化配套金融制度、建立有效的融資的撤出渠道等來解決融資問題。
  2. Those issues discussed in contract economics such as agency cost, incentive problems, moral hazard, adverse selection and free - rider problem, etc., all appear in the process of venture capital investment

    契約經濟學所論述的代理成本、激勵問題、道德風險、逆向選擇、搭便車等，在風險投資過程中都會出現。
  3. The theory of “ financing by firm ”, which is based on classical theory, ignores the existence of entrepreneur. it mainly studies how financing influences the value of firm. the modern agency theory recognizes the characters of human capital, for example, human capital ’ s impartibility ; the financing by manager theory s based on the agency theory holds the point that prompting and supervision can solve the agency problem caused by the different benefit aim between the manager and the boss

    建立在古典理論上的「企業的融資理論」忽略了企業家的存在，主要研究融資對于企業價值的影響;現代委託代理理論雖然注意到了人力資本的特性，如人力資本的不可分性等，並且建立在委託代理基礎上的「經理的融資理論」 ，主張用激勵和監督解決經理與資本家目標不一致而產生的代理問題，但是，代理成本問題在企業家的企業中並不是重要的，不能反映企業家融資的核心問題。
  4. Hence, under the circumstance of asymmetry of information, we must found the choice, incentive and control mechanism to manager so as to choose appropriate manager and mobilize his / her activity, reduce the proxy cost that brought about by choice and incentive mechanism and raise the performance of agency and solve the agency problem perfectly.

    為此，必須在信息不對稱的情況下，建立對經營者的選擇、激勵和監督機制，以選擇合適的經營者並調動其積極性，同時，努力降低因上述機制帶來的代理成本，提高代理績效，實現所有者財富最大化和經營者效用最大化，達到代理問題的圓滿解決。
  5. Chapter 1 is the theoretic base of the thesis, presenting the agency problem and economic result of independent audit. independent audit is a useful tool to resolve modern enterprises agency problem. chapter 2 is an analysis of the information asymmetry, market failure, the economic grounds of regulation on market entry and the advantages and disadvantages of permit control

    論文從五個方面運用現代經濟學理論研究中國獨立審計現實問題，第一章是全文的理論基礎，提出了獨立審計是解決現代企業代理問題的有效工具的觀點，闡述了獨立審計的代理問題及經濟後果，論文第二章從獨立審計服務的信息不對稱、市場失靈分析市場準入管制經濟理由，對獨立審計獨立性和專業勝任能力提出符合我國國情具體標準。
  6. In fact, in entrepreneur ’ firm, agency problem is not important, and it cannot reflect the core of financing by entrepreneur. modern corporation is a special agreement including the human capital and impersonal capital. both human capital and impersonal capital are indispensable to the firm

    該研究認為，現代企業被認為是一個由人力資本和非人力資本組成的特別合約，人力資本與非人力資本對于企業都是不可缺少的，因此，在企業家的企業融資問題上，應該採用企業家與資本家談判的方法來解決。
  7. Because the listed company of our country lacks the long - term incentive mechanism, the agency problem is a highlight question

    我國的上市公司由於缺乏長期的激勵機制，代理問題非常突出。
  8. Because of control of corporation by the managerial class and existence of the manager agency problem, we need to set up a series of perfect legal system of corporation manager

    經理階層控制了公司及經理代理問題的存在，要求我們構建完善的公司經理法律制度。
  9. The informational efficiency can mitigate the reverse selection problem and the agency problem will be solved by good corporate governance. so we will discuss the stock market resource allocation efficiency from the two aspect - - - informational efficiency and corporate governance

    市場價格信息效率有助於解決市場中的逆向選擇問題，而市場道德風險問題的解決，則取決于上市公司公司治理結構的優劣和經營效率的高低。
  10. The agency theory mainly explains the dilemmas of the conflict of interests that causes the agency problem

    代理理論主要論述由於利益的矛盾而形成的代理問題。
  11. Moreover, family enterprise does not only have one type of configuration. in the enterprise ’ s different development stages, its ownership rights and management rights presents different combination with the agency problem having different characteristics. this article discussed the agency problem from the static and dynamic angles as well as from the theoretic and practical points of view ; proposed the different characteristics of the agency problem between family enterprise and non - family enterprise as well as its influences on the enterprise performances

    而且家族企業並不只有一種形態，在其發展的不同階段，所有權與經營權會呈現不同的組合，其代理問題也會具有不同的特點，本文從靜態和動態的角度、理論和實證的角度探討了家族企業的代理問題，提出了家族企業與非家族企業不同的代理特點，以及對企業績效的影響。
  12. The first category of market imperfections stems from the presence of agency costs and the absence of complete markets ( otherwise, one could solve the agency problem through state - contingent contracts )

    上市公司的首次發行（ ipo ） 、股票定價、配股和特別處理（ st ）等事件都體現出會計政策選擇的特別作用。
  13. The agency problem in the financial structure and governing structure

    融資結構與治理結構中的代理問題
  14. Then, reform the incentive and binding mechanism to resolve the agency problem. at last, we should improve our external surroundings to accord with the internal reforming of the state - owned commercial banks

    最後，優化外部環境，主要從政府、市場、法律及企業四個方面來著手進行改革，為國有商業銀行的這種微觀改革創造相應的宏觀環境。
  15. Fair - value accounting gets around this agency problem

    公允價值會計能夠規避這種代理問題。
  16. Controlling shareholder, agency problem and related - party transaction : evidence from china ' s listed companies

    對中國上市公司的實證研究
  17. Because the modern company will become the main form of enterprise, the agency problem will exist extensively

    由於現代企業將成為企業的主要形式，代理問題將廣泛存在。
  18. Comparative to the institutional firm dominion, the firm in the transitive period has more sever agency problem and the organ control power is invalid. the main reason is that the body of property rights in the firm has n ' t established and the constraint mechanism of proprietary rights is invalid

    與制度化的企業主權相比，我國過渡經濟中的企業主權的組織（包括行政組織與企業組織）控制力弱化，代理問題嚴重，其主要原因是企業內部合法化的產權主體未能真正確立，所有權約束機制失效。
  19. Presently, there have two models of harness mechanism to agency problem in the firm. one is the market control model in british and american, the other is the organ control model in german and japan

    對現代企業代理問題的治理，目前國際上主要有英美公司市場控制型和德日公司組織控制型兩種治理模式。
  20. Currently, the foreign academics ’ research on the topic of agency problem is on the basis of enterprise with separate shares holdings. berle & means ( 1932 ) are the first to carry out an analysis on this topic, followed by jensen & meckling ( 1976 ), and grossman & hart ( 1980 ) who further developed this theory

    目前，國外學術界對代理問題的研究是以分散持股的企業為依據的，伯爾和米恩斯（ 1932 ）首先對這一問題進行了分析，然後詹森和麥克林（ 1976 ）和格羅斯曼和哈特（ grossman & hart1980 ）進一步發展了這一理論。
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