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Information asymmetry will lead to adverse selecting and moral risk which causes the invalidation of C2C e-commerce market finally. This article introduces e-commerce intermediaries into the gambling analysis, transform the prestige mechanism to influence factor of the parameter, to reveal the four mechanisms taken by e-commerce intermediaries in buyers and sellers gambling and explain how to alleviate...
Accounting policy, the bridge and link of connecting accounting theory and practice, has extensive effect on the company accounting statements and capital market. In this article, Based on the basic concept of accounting policies and combined with the relevant accounting policy selection theory, it analysed the problems and reasons of China listed company in the process of the accounting policy selection,...
The theories of transaction costs and information economics have explored pioneeringly the nature of organizations, especially that of enterprise organizations; however, they fail to explain the nature of enterprise clusters—that not only contains relationship of transaction, but also contains the organization of manifold competitive relations due to their focus on transaction relationship. Based...
From the dynamic perspective, a two-staged incentive model between public and private sectors is designed based on the Holmstrom-Tirole incentive model under principal-agent theory framework, aiming at building the relational contract between public and private sectors. In the model, the expected benefit of relational contract and the dynamic interactions between two stages are considered. Besides,...
This paper from new institutional economic angle demonstrate that supervision management introduced into engineering project management is an exchange way of reduce transactions costs, then the author give an expectation of information engineering construction supervision management.
The issue of credit protection has been long restricting the development of E-commerce. Based on the research on Alibaba, this article figures out that we should take from Orbian's advanced experience to explore the way to the localization of online third-party payment and further combine it with the improved evaluation system to perfect the credit guarantee of E-commerce.
Through the analysis of the incentive of mechanism, the paper put forward a model of the insurance agents in secure market, and the model can help the insurer give the insurance agents reward and punishment
The flat trend of marketing channel makes the contacts between manufacturers and retailers, which are in the two ends of value chain, become more and more direct and close. Thus it is very necessary for both manufacturers and retailers to build a new partner channel relationship according with the long-term benefits of both sides and establish appropriate mechanisms and strategies of relationship...
The principal-agent model between employers and engineering supervisors is established, considering such factors as the scale of employers' investment, special character of engineering supervisors and exogenous random variable and its influence. And the influence of these factors on the sensitiveness of compensation performance under asymmetric information is analyzed. Based on the result, factors...
Corporate governance pattern results from the conformity of its institutional succession to social customs. The effectiveness of a corporate governance pattern depends on the conformity and compatibility of its formal governance contract to the informal institution or governance culture and social customs. For this reason, this paper analyses social cultural factors influencing Anglo-American and...
Innovative public administration mode is to be one of China's major strategic tasks in the future, commercial insurance enterprises need to also improve the functionality, participate actively in it. This paper summarizes the features of PPP mode popularly abroad, which could be adopted by China's commercial insurance enterprises. Finally, it introduces briefly the innovative practice of Zking Property...
In recent years, people have institutional arrangements of the CPA had a doubt. That lead to "an independent audit is not independent, "the major factor is the actual choice and pay the audit fees accounting firm that audited entity management. I believe that auditor independence from the source control problem, we must reform the current mode of unreasonable audit commission should be under...
Investigate a supply chain network equilibrium model consisting of manufacturers and competing retailers who face with random demand at their outlets. Aimming at the broken equilibrium resulting from an emergent event, which maybe make the demand disruptions, this paper designs a buy back contract. It's proved that the anti-disruption-ability of the supply chain network will be improved with the buy...
The SME has a significant role in the development of China's national economy, and “cluster” is an important feature of the SMEs' existence. At present the Small business groups' study focuses on geographical space, the study of network space for the existing space of the new enterprises is less. This article from the network sense, re-defines the concept of small business groups, compares to the...
Based on the environment-person matching model, salesmen are surveyed through a formal questionnaire, and then descriptive analysis, correlation analysis, regression analysis and variance analysis are conducted to test the moderation effect of working contexts between the psychological contract and the job burnout. The main conclusions of this study are as follows: (1) Working situations moderate...
In the process of project construction, the project of the main subjects played different roles, and forms a certain economic partnerships between them. Due to Information Asymmetry, between projects likely to cause adverse selection and moral issues, own to pursue their own interests to maximize, the formation of the game relations between the main subjects to the project is difficult to quantify...
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