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Moral hazard is an unavoidable pessimistic proposition for the CPA industry. As China is currently in the midst of a grand social transformation, which extends to cultural, societal and economical facets of the country, the considerable uncertainty coming together with this grand transformation leads to marginal benefit of being moral and ethical, which in turn makes the social members' opportunistic...
Inter-organizational information systems (IOS) have been proposed as a way to mitigate the agency problems of information asymmetry, i.e., adverse selection and moral hazard. By introducing a new concept of IOS asymmetry, the imbalance in IOS visibility between the buyer and the supplier, this study asserts that IOS may not mitigate the problems of information asymmetry. Instead, IOS may consolidate...
The study divides the risks caused by enterprise human capital investment (EHCI) into two types: prediction risk and incentive risk, according to whether the risk reason is related to the subjectivity of the invested object or not. Then the study analyses the characteristics of the incentive risk, and sets forth the means to control the incentive risk as viewed from investment.
Effectively managing IT service centers such as call centers, computerized diagnostic imaging facilities, data centers, e-commerce sites, SaaS, and telecommunication networks has always been a challenging task, especially, when the managers running the centers possess private information about market condition and their marketing efforts. Prior studies often model IT service centers as queueing systems...
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