财务管理之责任管理模式(ppt 26页)

主要内容
Principal-agent Modeling 責任代理模式
我請您們考慮一些問題
Agency Problems and Behavior代理人的行為与問題
誰是代理人？什么是代理成本？
Agency Costs
Examples of the Principal-agent Model
What can we say, up to this point?
Fixed Payment to the Principal
Incentive Compatible Contract – Problem Setup
Incentive Compatible Contract – Specific Solutions
Summary of Different Contracts
What do we know from these?
A Few Cautionary Remarks
Concluding Remarks

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