incentive and control mechanism meaning in Chinese
激励约束制度
Examples
- Incentive and control mechanism
激励约束制度 - Hence , under the circumstance of asymmetry of information , we must found the choice , incentive and control mechanism to manager so as to choose appropriate manager and mobilize his / her activity , reduce the proxy cost that brought about by choice and incentive mechanism and raise the performance of agency and solve the agency problem perfectly .
为此,必须在信息不对称的情况下,建立对经营者的选择、激励和监督机制,以选择合适的经营者并调动其积极性,同时,努力降低因上述机制带来的代理成本,提高代理绩效,实现所有者财富最大化和经营者效用最大化,达到代理问题的圆满解决。