关于国有企业激励与约束机制的探讨 = Incentives and regulations in state-owned enterprises
王少坤 Wang, Shaokun
阎书德 Yan, Shude
Date of Issue2000
College of Business (Nanyang Business School)
Based on the theory of asymmetric information and relevant literature on "adverse selection" and "moral hazard", this thesis explores in details the causes of "Fifty-Nine Years Old Phenomena " and "Black Hole Phenomena" in the process of reforming the state-owned sector. With an official survey result at the national level and an investigation conducted in Dezhou City, the basic principles and measures of a new system of selection, incentives and monitoring which are market-oriented are discussed. The thesis argues that the new system of selection, incentives and monitoring should be able to make SOEs more independent and accountable.
DRNTU::Business::Public relations::Corporate communication
Nanyang Technological University