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According to the principal-agent theory, in the condition of asymmetric information, the effectiveness of incentive salary programs is related to the private information which can be gathered from the agent. In the research, game model is applied to analyze the relation between the owner and the manager, finding some main factors which affect the manager's working effort. These factors are: the benefits...
In this paper, an improved clock-gating pulse-triggered JK Flip-flop (CG-PT-JKFF) for low-power requirements is presented. It is based on clock-gating technique, and power consumption is reduced because redundant internal switching activities are eliminated. When probability of activities of the flip-flop is 25%, the improved flip-flop can save up to 41% of the Power.
This article essentially thinks the western traditional principal-agent theory is a kind of corporate governance theory aimed at the companies with the main character of diversified equity. Obviously it is not fit for being used as the analysis framework of the governance problem of the companies with the main character of the relatively concentrated equity or highly concentrated equity. For that...
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