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簡介:廈門大學(xué)碩士學(xué)位論文中國工程機(jī)械代理商贏利模式分析與創(chuàng)新姓名鄭巧山申請學(xué)位級別碩士專業(yè)工商管理指導(dǎo)教師郭霖20060201ABSTRACTABSTRACTTHETRADITIONALPROFITABLEMODELSFORCHINOSECONSTRUCTIONMACHINERYAGENTSAREMAKEUPOFWHOLEMACHINESALES,MAINTENANCESERVICEANDFITTINGSPROVIDING.THEMETHODMAKINGPROFITSISVERYLIMITED,ALTHOUGHITCANBRINGRICHANDSTABLEPROFITSFORTHEAGENTSINTHETIMEWHENTHECOMPETITIONWASNOTSOERCE,THEINDUSTRYWASNOTSODEVELOPEDANDTHEINFORMATIONCOMMUNICATIONWASNOTSOCONVENIENT.BUTWITHTHEDEVELOPMENTOFTHEINDUSTRY,TRANSPARENCY0FTHEPRICEANDMOREFIERCEMARKETCOMPETITION,THETRADITIONALPROFITABLEMODELSHAVEBEENINAHARDSITUATION.THEPROFITS0FWHOLEMACHINESALESAREBECOMINGTHINNERANDTHINNER,MOREANDMOREREQUIREMENTSFORAFTERSESSIONSUCHASAFTERSALESSERVICE,F(xiàn)ITTINGSPROVIDING,RENTINGANDSECONDHANDMACHILIES,WHICHMAKETHEAGENTSCANONLYSTANDBYINTHEFIERCEMARKECCOMPETITIONBYESTABLISHINGNEWPROFITABLEMODELS.INTHISTHESIS,F(xiàn)IRSTLYITINTRODUCESTHECONSTRUCTIONMACHINERYINDUSTRY,ANALYSISTHEPRESENTSITUATIONANDDEVELOPINGOUTLOOKOFCONSTRUCTIONMACHINERYMARKETINCHINAANDAROUNDTHEWORLD.SECONDLY,ITINTRODUCESTHEHISTORYOFMARKETINGSYSTEMFORCONSTRUCTIONMACHINERYINDUSTRYANDTHEDEVELOPMENTOFAGENTSYSTEMS.ITANALYSISTHEPRESENTPROFITABLEMODELSFORTHEAGENTSAFTERINTRODUCINGTHETHEORY,SUMMARIZESOUTTHREEPROFITABLEMODELSSUCHASWHOLEMACHINESALES,“INTEGRATIONOFTHREEKINDSOFBUSINESS’’ANDPRIMARY“AFTERSESSION”.FINALLY,ITSTUDIESTHEINNOVATIONOFNEWPROFITABLEMODELSFORDIFFERENTAGENTSINCLUDINGSINGLEBRANDBUSINESS,LEADINGBRANDBUSINESS,CONGLOMERATEDIVERSIFICATIONBUSINESSANDMIDDLESMALLSIZEBUSINESSINTHEFUTUREC0NSTRUCTIONMACHINERYMARKET,KEYWORDSCONSTRUCTIONMACHINERY;AGENTS;PROFITABLEMODEL
下載積分: 5 賞幣
上傳時間:2024-03-03
頁數(shù): 54
大?。?1.4(MB)
子文件數(shù):
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下載積分: 5 賞幣
上傳時間:2024-03-04
頁數(shù): 63
大?。?2.45(MB)
子文件數(shù):
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簡介:碩士學(xué)位論文中國稅務(wù)代理問題與對策探求STUDYONTHETAXAGENCYOFCHINA姓名學(xué)科專業(yè)研究方向指導(dǎo)教師完成時間張?jiān)迫A政治經(jīng)濟(jì)學(xué)稅務(wù)代理李光龍教授2005年11月中國稅務(wù)代理問題與對策探求我國稅務(wù)代理從上個世紀(jì)80年代開始試點(diǎn)到90年代的確立和治理整頓,幾經(jīng)風(fēng)雨沉浮,產(chǎn)生了一定績效,但存在不少問題,集中表現(xiàn)為代理需求不足,RLLI好不賣座。原因在于第一,思想認(rèn)識缺陷,對稅務(wù)代理認(rèn)識不夠。第二,以流轉(zhuǎn)稅為主的稅制模式簡單易行、執(zhí)法環(huán)境不完善、納稅主體市場化程度不高等原因,使得納稅人納稅成本和風(fēng)險(xiǎn)不高;第三,由于稅務(wù)代理人業(yè)務(wù)素質(zhì)水平低下,無法提供廣泛的、優(yōu)質(zhì)的服務(wù),致使納稅人代理優(yōu)勢表現(xiàn)不明顯。而由于稅務(wù)代理制度不完善、規(guī)范稅務(wù)代理主體供給缺陷以及行業(yè)監(jiān)管制度的不健全,使納稅人委托稅務(wù)代理的各項(xiàng)成本很高。因此,稅務(wù)代理優(yōu)勢大于稅務(wù)代理成本的1I等式難以成立,稅務(wù)代理市場行將萎縮。第4章“我國稅務(wù)代理發(fā)展現(xiàn)狀與問題分析”對上述問題與原因進(jìn)行較為詳細(xì)剖析,是文章暈點(diǎn)部分。文章前面所有理論和實(shí)證分析的落腳點(diǎn)在于第5章,即“推進(jìn)我國稅務(wù)代理業(yè)加快發(fā)展的對策”。針對我國存在的代理需求不足等原因,結(jié)合各國成功經(jīng)驗(yàn),從稅法完善、稅制優(yōu)化、嚴(yán)格執(zhí)法和提升納稅主體市場化程度方而,努力創(chuàng)造稅務(wù)代理外部條件;建立完善和規(guī)范稅務(wù)代理供給市場以降低納稅人代理成本,突出代理優(yōu)勢,產(chǎn)生代理需求;大力宣傳,解決思想認(rèn)識問題,轉(zhuǎn)換觀念,以此推動稅務(wù)代理業(yè)繁榮發(fā)展。關(guān)鍵詞代理、稅務(wù)代理、代理優(yōu)勢
下載積分: 5 賞幣
上傳時間:2024-03-04
頁數(shù): 55
大?。?1.72(MB)
子文件數(shù):
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簡介:浙江大學(xué)博士學(xué)位論文信貸契約軟約束研究兼論我國經(jīng)濟(jì)轉(zhuǎn)軌時期信貸市場的多重委托代理關(guān)系姓名虞迪鋒申請學(xué)位級別博士專業(yè)政治經(jīng)濟(jì)學(xué)指導(dǎo)教師宋玉華20060601角度論證假說。第四章從銀企委托代理關(guān)系中的交易成本、交易方式和契約選擇角度,通過對交易成本加以界定和劃分,探討信貸契約的交易成本、交易方式和契約選擇之間的關(guān)系,在此基礎(chǔ)上,論證了我國經(jīng)濟(jì)轉(zhuǎn)軌時期關(guān)系型信貸契約存在的原因及由此導(dǎo)致的軟約束。第五章從銀企委托代理關(guān)系中的控制權(quán)角度分析了我國商業(yè)銀行對企業(yè)缺乏控制權(quán)配置的缺損及由此導(dǎo)致的軟約束問題,認(rèn)為我國商業(yè)銀行對企業(yè)控制權(quán)配置的缺損,是由于缺乏控制權(quán)的配置和在此基礎(chǔ)上的制衡。并且,在比較美日兩種企業(yè)控制權(quán)配置模式的基礎(chǔ)上,提出了我國銀企控制權(quán)配置的有效模式,并對優(yōu)化我國商業(yè)銀行對企業(yè)控制權(quán)配置提出了對策建議。第六章從銀企委托代理關(guān)系中的信息不對稱及其治理的角度來論證假說。運(yùn)用信貸合約的逆向選擇與信息甄別機(jī)制理論,論證了影響我國銀企信貸契約軟約束的重要原因是信息甄別機(jī)制的匱乏。經(jīng)濟(jì)轉(zhuǎn)軌時期的一些特殊因素使得信貸抵押擔(dān)保等都難以成為企業(yè)對銀行發(fā)出的有信息價值的信號,制度上的規(guī)定也使得信貸利率失去信號的作用,從而信貸博弈難以達(dá)成銀行所期望的分離均衡。而要完善信息甄別機(jī)制,必須綜合運(yùn)用多種甄別信號。第二層面第七章從道德風(fēng)險(xiǎn)角度,主要是從銀行內(nèi)外部委托代理治理的角度來論證假說。信貸活動的道德風(fēng)險(xiǎn)行為主要是現(xiàn)有權(quán)利和責(zé)任模糊的委托代理鏈條,其中政府與銀行、銀行內(nèi)部二個層面的委托代理關(guān)系中均存在責(zé)任主體缺位問題。導(dǎo)致這種責(zé)任主體承擔(dān)缺位原因,既有現(xiàn)實(shí)經(jīng)濟(jì)的制度導(dǎo)致的預(yù)算軟約束因素,又與商業(yè)銀行內(nèi)部激勵約束機(jī)制不健全高度相關(guān)。第三層面第八章主要從信貸契約履行的角度進(jìn)一步論證假說,主要在銀行與政府這一委托代理層面上展開分析。在對西方現(xiàn)代契約理論及有關(guān)契約履行機(jī)制進(jìn)行系統(tǒng)論述的基礎(chǔ)上,分析了我國信貸契約履約的障礙,認(rèn)為我國經(jīng)濟(jì)轉(zhuǎn)軌時期信貸契約履約軟約束的主要原因是政府的介入,信用管理制度和法律制度的不健全,以及自我履行機(jī)制的扭曲和債權(quán)人清算要挾的不可信。第四部分第九章提出硬化信貸契約軟約束的政策建議。針對政府、銀行、企業(yè)三重委托代理關(guān)系及其治理沖突問題,從完善內(nèi)外部治理機(jī)制以及健全信息披露制度等多種途徑入手,建立市場化的金融硬約束環(huán)境,實(shí)現(xiàn)信貸契約從軟約束向硬約束關(guān)系的平穩(wěn)過渡。關(guān)鍵詞信貸契約多重委托代理契約軟約束
下載積分: 5 賞幣
上傳時間:2024-03-04
頁數(shù): 233
大?。?8.22(MB)
子文件數(shù):
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簡介:廈門大學(xué)碩士學(xué)位論文國有中小企業(yè)改制模式探討廈門外代租箱代理有限公司改制模式及啟示姓名李強(qiáng)申請學(xué)位級別碩士專業(yè)工商管理指導(dǎo)教師沈藝峰20060301國自巾小企業(yè)改制模式探討廈門外代租箱代理有限公司改制模式及啟示方案之一,分階段逐步實(shí)現(xiàn)兩權(quán)分離比立即實(shí)現(xiàn)兩權(quán)分離更符合中國企業(yè)的實(shí)際;成功改制離不開政府的參與和推動,以及企業(yè)內(nèi)在的改制動力,而改制后企業(yè)的核心競爭力培育和可持續(xù)發(fā)展問題也需要引起足夠的重視;“團(tuán)隊(duì)創(chuàng)業(yè)模式”有利于吸引和留住人才,還可有效避免新的“一股獨(dú)大”傾向的發(fā)生,從而使公司的治理結(jié)構(gòu)日趨科學(xué)、合理化。關(guān)鍵詞國企改制;產(chǎn)權(quán)改革;民營化;管理層收購
下載積分: 5 賞幣
上傳時間:2024-03-03
頁數(shù): 39
大?。?1.36(MB)
子文件數(shù):
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簡介:廈門大學(xué)碩士學(xué)位論文我國科學(xué)儀器代理行業(yè)商務(wù)模式創(chuàng)新思考姓名王笑梅申請學(xué)位級別碩士專業(yè)國際工商管理指導(dǎo)教師郭霖20060501ABSTRACTBUSINESSMODELSAREMOREANDMOREBECOMINGTHECOREFACTORFORCORPORATIONSTOCOMPETEWITHOTHERSUNDERDIRECTEDTHESTRATAGEMSOFSCIENCEANDEDUCATION,RESEARCHANDTECHNOLOGYINNOVATIONSAREHOTTASKSBECAUSEOFTHAT,MOREANDMOREENTERPRISEFOCUSESONRESEARCHEQUIPMENTAGENTSIN2004,INCREASEDRATIOOFTHISMARKETREACHESTO30%IN2005,THISRATIOSTILLREACHESTO20%,EVENIFITDROPSCOMPAREDWITHTHESAMEPERIODWITHTHEDRASTICALLYCHANGEOFRESEARCHEQUIPMENTMARKETS,BUSINESSMODELSINNOVATIONSAREEXIGENTINTHETHESIS,F(xiàn)IRSTLY,BASEDONSOMEBUSINESSMODELSANDBUSINESSMODELSINNOVATIONTHEORIES,WEANALYSISTHEPRESENTSTATUSESOFRESEARCHEQUIPMENTAGENTSECONDLY,WEINTRODUCETHEPROFITPOOLTHEORYANDUSEITTOANALYSISDEEPLYTHEVALUECHAINOFRESEARCHEQUIPMENTAGENTTHIRDLY,WEANALYSISTHEINDUSTRY’SINTERNALANDEXTERNALENVIRONMENTSBASEDONWENGJUNYI’STHEORIES,ANDCONCLUDEFOURPRESENTBUSINESSMODELSINNOVATIONSFINALLY,WESTUDYFROMANOTHERPOINTOFVIEWBASEDONVALUEINNOVATIONSTHEORIESANDDESIGNTWOBUSINESSMODELSINNOVATIONSFORTHEFLLTUREMARKETSKEYWORDRESEARCHEQUIPMENT;AGENT;BUSINESSMODEL
下載積分: 5 賞幣
上傳時間:2024-03-04
頁數(shù): 82
大?。?3.52(MB)
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簡介:。J羲拳堂J㈣瓣黼融鬟Y933764璧崦啦淹卷T逐碩士學(xué)位畢業(yè)論文基于委托代理理論的中國資產(chǎn)評估行業(yè)監(jiān)管研究學(xué)位申請人指導(dǎo)教師學(xué)科專業(yè)學(xué)位類別授予單位答辯日期張亞兵王淑珍教授張潤清教授農(nóng)業(yè)經(jīng)濟(jì)管理管理學(xué)碩士河北農(nóng)業(yè)大學(xué)二OO六年六月三日RESEARCHONTHEINDUSTRYREGULATIONOFASSETSAPPRAISALINCHINAWITHPRINCIPALAGENTTHEORYAUTHORZHANGYABINGSPECIALTYAGRICULTURALECONOMYANDMANAGEMENTTUTORPROFESSORWANGSHUZHENPROFESSORZHANGRUNQINGABSTRACTASSETSAPPRAISALOFOURCOUNTRYDEVELOPSGRADUALLYWITHTHECONSTANTDEEPENINGOFREFORMANDOPENINGUPANDTHEPERFECTIONOFTHESOCIALISTMARKETECONOMYSYSTEMITPLAYSANIMPORTANTROLEINSPEEDINGASSETS’SFLOW,ANDADVANCINGPROPERTYRIGHT’SEXCHANGE,REALIZINGTHERESOURCESDISTRIBUTEDOPTIMALLY,ETCDURINGMORETHANTENYEARSDEVELOPMENT,ASSETAPPRAISALINDUSTRYOFOURCOUNTRYHASBECOMETHEVIGOROUSCOMPONENTININDISPENSABLESOCIALISTMARKETECONOMYAPPRAISALFIRMSHAVEBECOMETHEINTERMEDIARYORGANIZATIONWHICHCANNOTBESUBSTITUTEDANDTHECERTIFIEDPUBLICVALUATORCPVCANBEPUTINTHESAMESITUATIONWITHTHECERTIFIEDPUBLICACCOUNTANTCPAANDTHEATTORNEYFACINGTHESERIOUSFINANCIALCHEATSANDTHERELATEDFALSEASSESSMENTEVENTSINRECENTYEARS,THEWHOLESOCIETYBEGINTODOUBTTHEPROFESSIONALETHICOFTHECPVANDTHEPUBLICFAITHFORCEOFASSETAPPRAISALINDUSTRYHASDOWNTOTHEUNPRECEDENTEDLOWPOINTITHASBEENTHEFOCUSTHATHOWTOSTRENGTHENTHEINDUSTRYREGULATIONOFASSETAPPRAISALBASEDONTHENATIONALCONDITIONSOFOURCOUNTRYANDTHROUGHANALYZINGALOTOFCASES,THISTHESISAIMSTOFINDOUTTHECHINESECHARACTERISTICSWAYFORTHEINDUSTRYREGULATIONOFASSETAPPRAISALBYUSINGTHEPRINCIPALAGENTTHEORYITCONSISTSFIVEPARTS,THEFIRSTPARTISINTRODUCTIONITBRIEFLYDESCRIBESTHEBACKGROUNDANDTHESIGUIFICANCEOFTHISTHESISASWELLASTHECONTENTSTHESECONDPARTEXPLAINSTHEMAINRELATEDCONCEPTSANDINTRODUCESSEVERALMAILREGULATIONMODESOFASSETSAPPRAISALALSOITPUTSFORWARDTHEPROBLEMSWHATWESHOULDPAYATTENTIONINRESEARCHINGTHEINDUSTRYREGULATIONOFASSETSAPPRAISALWHAT’SMORE,ITPUTSTHEPRINCIPALAGENTTHEORYINTOTHERESEARCHONTHEINDUSTRYREGULATIONOFASSETSAPPRAISALANDPROVIDESTHETHEORETICALREFERENCEFORTHECONSEQUENTRESEARCHTHETHIRDPARTMAKESACOMPARATIVEANALYSISAFTERINTRODUCINGTHEDOMESTICANDINTERNATIONALREGULATIONMODEOFASSETSAPPRAISALDURINGANALYZINGTHETYPICALCASESANDMAJORINDUSTRYINSPECTIONOFASSETSAPPRAISALOFOURCOUNTRY,THEFOURTHPARTREACHESACONCLUSIONTHATTHEINDUSTRYREGULATIONOFOURASSETSAPPRAISALAREURGENTLYNEEDEDREFORMANDTHENUSETHEPRINCIPALAGENTTHEORYTOMAKERESEARCHONITATLAST,ITPOINTS
下載積分: 5 賞幣
上傳時間:2024-03-04
頁數(shù): 49
大小: 2.09(MB)
子文件數(shù):
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簡介:重慶大學(xué)碩士學(xué)位論文國有商業(yè)銀行信貸委托代理問題研究姓名鄒書利申請學(xué)位級別碩士專業(yè)技術(shù)經(jīng)濟(jì)及管理指導(dǎo)教師顏哲20061008重慶大學(xué)碩士學(xué)位論文英文摘要ABSTRACTTHECREDITOPERATIONISCOMMERCIALBANK’SLTDREBUSINESSTHECR酣ITRISKWITHITISBANKINGINDUSTRY。SMAINRISKTHEHIGHGRADECREDITPROPERTYISFOUNDATIONWHICHTHEBANKSTEADYMANAGEMENTANDTHESOCIALSTABILITYDEVELOPMENTTOJOINSWTOINOURCOUNTRYANDUNDERTHEFINANCIALGLOBALIZATIONSITUATIONOURCOUNTRYSTATEOWNEDCOMMERCIALBANKISFACINGTHEUNPRECEDENTEDOPPORTUNITYANDTHESTEMCHALLENGEFIRSTSINCELONGTIME,INUNDERCREDITPOLICYINFLUENCETHESTATEOWNEDCOMMERCIALBANKSISBEENINSUFFICIENTTOTHELOANENTERPRISESRESTRAINTITISNOTHIGHFORTHECREDITPROPERTYQUALITYTOCAUSESTHEMASSIVEPROPERTIESWHICHITISNOTGOODTOACCUMULATELATENTRISKOFTHEBANKISHUGESECOND,THEFOREIGNCAPITALBANKANDTHEEMERGINGJOINTSTOCKSYSTEMBANKRELYONITSEFFECTIVEINCENTIVEMECHANISMTOEANSESERIOUSTALENTEDPERSONSDRAININGOFSTATEOWNEDCOMMERCIALBANKTHIRDALONGWITHOURCOUNTRYMONEYMARKETGRADUALOPENINGCOMPETITIONBETWEENTHEBANKISMOREANDMOREINTENSEVARIOUSBANKSCAPTURETHEFINECUSTOMERBYITSEXCELLENTCONDITIONS,THESTATEOWNEDBANKSURVIVALISTHREATENPRINCIPALAGENCYQUESTIONOFTHECREDITHASBECOMERESTRICTSTHESTATEOWNEDCOMMERCIALBANKSTODEEPENTHEBOTTLENECKWHICHTHEREFORMANDDEVELOPSFORWARDPRINCIPALAGENTRELATIONSINTHESTATEOWNEDCOMMERCIALBANKS,ITMUSTBEENSPECIALLYPROCESSPRINCIPALAGENTRELATIONSINCREDITBECAUSETHECREDITOPERATIONCOMPADNGTHESTATEOWNEDCOMMERCIALBANKANYOTHERBUSINESS,ITNOTONLYTHEREQUESTAGENTRELATESISSPECIALLYIMPORTANTISCOMPLEXMOREOVERTHEAGENTCOSTISSPECIALLY1LIGH,THEAGENTRISKALSOSPECIALLYCONCENTRATES,INABIGWAYSPECIALLYTHISARTICLEHASOUTLINEDTHEPRINCIPALAGENTRELATEDKNOWLEDGEANDTHETHEORYCARRIEDTHEANALYSISDISCOVERSTHESTATEOWNEDCOMMERCIALBANKNOTONLYNEEDTOFACERESTRAINTQUESTIONOFTHESORBUDGETWHICHUNDERTAKESTHEMASSIVEPOLICYTYPEBURDENCAUSEDALSOTOFACETHECREDITINFORMATIONTRANSMISSIONSLOWLYANDTHEDISTORTIONQUESTIONWHICHEXCESSIVELYMANYPRINCIPALAGENTLEVELSCAUSEDTHEAGENTCONTROLANDTHERESTRAINTATTENUATIONCAUSESDISCOVEREDTHROUGHTHEESTABLISHMENTPRINCIPALAGENTMODELTHATUNDERTHEAGENTRELATIONSINTHEINFORMATIONNOTSYMMETRYANDTHEMULTILAYEREDPRINCIPALAGENTOFTHECREDITTHEMOSTSUPERIORINCENTIVEMECHANISMISNOTMERELYSURPLUSDEMANDSUNDERTHEPOWERANDTHESURPLUSDOMINATIONMAXIMUMLIMITCORRESPONDENCERISKBETWEENTHEPRINCIPALANDAGENTSHARESREASONABLYREDUCESTHEII
下載積分: 5 賞幣
上傳時間:2024-03-03
頁數(shù): 56
大?。?2.07(MB)
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簡介:東南大學(xué)碩士學(xué)位論文基于負(fù)債并購的自由現(xiàn)金流代理成本檢驗(yàn)來自中國上市公司的證據(jù)姓名程曉霞申請學(xué)位級別碩士專業(yè)會計(jì)學(xué)指導(dǎo)教師陳菊花20070128ENGLISHTITLETESTOFAGENCYCOSTSINFREECASHFLOWBASEDONMERGERANDACQUISITIONCOMPANIESEVIDENCESFROMCHINESELISTEDCOMPANIESC“ADUATCCHENGXIAOXIASUPERVISORCHERTJUHUASOUTHEASTUNIVERSITYABSTRACTFREECASHFLOWHYPOTHESIS,ASONEOFTHECORECONTENTOFMODEMCOMPANY’SFINANCETHEORIES,STUDIESTHEAGENCYCOSTOFCASHRESOURCESITSAID,TOACOMPANYNOTONLYINDULGEDINLOWGROWTHBUTALSOHADTOOMUCHFCFJTWASMUCHPOSSIBLEFORTHEMANAGERSTOUSETHESECASHINSOMESUBOPTIMALPROJECTSORPRIVATECONSUMPTION,SOTHEAGENCYPROBLEMOFFCFEMERGEDNEHYPOTHESISALSOGAVETHESOLUTIONDEBTMONITORING,DEBTCALLMONITORANDREDUCETHISKINDOFAGENCYCOSTS,BECAUSETHEPRESSUREOFREPAYFORTHEDEBTCANRESTRAINTHEMANAGERS’TENDENCYTOMISUSETHECASHRESOURCECOMBININGAGENCYCOSTTHEORYOFMERGERANDACQUISITIONWITHDEBTMONITORINGTHEORY,THISPAPERANALYZESCHARACTERISTICS,REASONSANDFACTORSOFAGENCYPROBLEMINFREECASHFLOWOFMERGERANDACQUISITIONANDTHEFUNCTIONOFDEBTMITIGATINGTHEAGENCYCOSTSWHILEILLUSTRATINGFREECASHFLOWHYPOTHESISANDEMPIRICALSTUDIESTHEAUTHORCHOOSES126LISTEDCOMPANIESINCHINESEWHICHHOLDPOSITIVECASHFLOWANDHAVEMERGERANDACQUISITIONCONDUCTINYEAR2003BYADOPTINGTHEEVENTSTUDYMETHODOLOGY,THEAUTHORINVESTIGATESTHEAGENCYPROBLEMINFREECASHFLOWARISINGDURINGMERGERANDACQUISITIONCONDUCTOFTHESAMPLECOMPANIESFURTHERMORE,DIGTHEELEMENTSWHICHINFLUENCETHISAGENCYCOSTSBYTHEMETHODOFREGRESSTHESTUDYRESULTREVEALSTHATMERGERANDACQUISITIONCONDUCTOF78LISTEDCOMPANIESANNOUNCEMENTSLEDTONEGATIVEAVERAGEACCUMULATIVEABNORMAIRETURN,ANDDEBTCANREDUCETHISKINDOFAGENCYCOSTSATACERTAINEXTENT11LEOUTCOMEOFREGRESSISALSOSHOWTHATTHEAGENCYCOSTSOFHIGHFCFCOMPANIESCOMEINTOBEING朗SILYTHETESTRESULTBASICALLYSUPPORTSFREECASHFLOWHYPOTHESISANDDEBTMONITORINGHYPOTHESIS,ANDPROVESTHEEXISTENCEOFAGENCYCOSTSPROBLEMINFREECASHFLOWINOURLISTEDCOMPANIES’MERGERANDACQUISITIONCONDUCTANDSOMEOFTHEMCON仃OLTHISKINDOFAGENCYCOSLSBVDEBTACCORDINGTOTHEABOVECONCLUSION,TITISPAPERPROBESINTOINTENDANCEOFMATCHSTOCKISSUE,UTILITYOFDEBT,IMPROVEMENTOFSYSTEMININFORMATIONPUBLICITYFORDECREASINGAGENCYCOSTSINFREECASHFLOW,F(xiàn)ROMWHICHTHOSELISTEDCOMPANIESWITHSATISFACTORYPROFITSANDSU師CIENTCASHFOWSCANBENEFITINCORPORATEGOVERNANCEKEYWORDSFREECASHFLOWAGENCYCOSTOFF矗EECASHFLOWDEBTMONITORINGMERGERANDACQUISITIONⅡ
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上傳時間:2024-03-03
頁數(shù): 41
大?。?1.61(MB)
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簡介:分類號里單位代碼密級申請北京機(jī)械工業(yè)學(xué)院管理學(xué)碩士學(xué)位論文基于委托代理的風(fēng)險(xiǎn)投資研究學(xué)科專業(yè)技術(shù)經(jīng)濟(jì)及管理研究生張冬梅指導(dǎo)教師盧靜教授二OO六年三月在前面分析的基礎(chǔ)上,本文最后對政府在培育中國風(fēng)險(xiǎn)投資市場中的角色進(jìn)行了定位,政府的作用應(yīng)該是扶持、鼓勵和保護(hù)風(fēng)險(xiǎn)投資的發(fā)展,而不應(yīng)該是限制、控制和嚴(yán)格的行政性管理。關(guān)鍵詞風(fēng)險(xiǎn)投資;委托代理;信息不對稱II
下載積分: 5 賞幣
上傳時間:2024-03-03
頁數(shù): 71
大?。?2.15(MB)
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簡介:河海大學(xué)碩士學(xué)位論文我國國有商業(yè)銀行代理問題研究姓名張國權(quán)申請學(xué)位級別碩士專業(yè)國民經(jīng)濟(jì)學(xué)指導(dǎo)教師曹家和20060301燮堡堂堡堡蘭些型ABSTRACTTHISTHESISCOMBINESCANONICALSTUDYEMPIRICALSTUDYANDCOMPARISONSTUDY,TAKESPROXYTHEORYWHICHISONEOFTHEAPPROACHOFTHEMODEMCOMPANYTHEORIESASITSSTARTINGPOINT,ANDEXAMINESTHESTATERUNCOMMERCIALBANKSINCHINAINTERMSOFTHEPROXYCHAINSBASEDONEXTENSIVERESEARCHPERFORMEDBYSCHOLARS,THISTHESISALSOABSORBSANDREFERSTOTHELATESTDOMESTICANDINTERNATIONALSTUDYACHIEVEMENTS,DIVIDESMULTIPLECOMMISSIONAGENTRELATIONNETWORKOFSTATERUNCOMMERCIALBANKINTOAFIFLH1COMMISSIONAGENTRELATIONBETWEENGOVEMMENTANDPRESIDENT;2COMMISSIONAGENTRELATIONBETWEENPRESIDENTANDSTAFFMEMBER;3HIGHERAUTHORITIES‘COMPETENTCOMMISSIONAGENTRELATIONWHILEWALKINGWITHTHESUBORDINATE;4COMMISSIONAGENTRELATIONBETWEENBANKANDENTERPRISE;5COMMISSIONAGENTRELATIONBETWEENDEPOSITORANDBANK;CARRIESOUTINDEPTHANDMETICULOUSDISCUSSIONONTHEAGENTPROBLEMSOFTHEMULTILEVELPROXYRELATIONSHIPSINTHECHINESESTATEOWNEDCOMMERCIALBANKSSYSTEM,ANDPROPOSESSOMEINTERNALOREXTERNALIDEASANDSUGGESTIONSFORHOWTOCUTDOWNTHEAGENTPROBLEMSAGENTPROBLEMSEXISTINEVERYASPECTOFHUMANSOCIALANDECONOMICACTIVITIESANDTHEYEMERGEWHENEVERITISMOREEFFICIENTTOPERFORMSOMETHINGTHROUGHCOMMISSIONINGOTHERSINMODEMCORPORATEENTERPRISES,PROXYRELATIONSHIPSARECOMMONBECAUSEOFTHEHI曲DEGREESEPARATIONOFOWNERSHIPANDOPERATINGRIGHTS,THEDEVELOPMENTOFSOCIALLABORDIVISION,ANDMANAGEMENTSPECIALIZATION,ASWELLASITISMORECOSTEFFECTIVETOADOPTPROXYOPERATIONINPROXYRELATIONS,PROXYPROBLEMSOCCURBECAUSEOFINFORMATIONASYMMETRYANDDISCREPANCIESBETWEENTHEOBJECTIVEFUNCTIONOFTHECONSIGNORANDTHECONSIGNEETHESOLVINGOFTHESEPROXYPROBLEMSDEPENDSONTHECONSIGNOR’SDESIGNINGANINTERNAL“STIMULATIONCOMPATIBILITY”MECHANISMANDANEXTERNALSTIMULATIONANDCONSTRAINTMECHANISMSOASTOENCOURAGETHECONSIGNEETOWORKHARDFORTHECONSIGNER’SOBJECTIVESASTHECHINESESTATERUNCOMMERCIALBANKSAREOFSUCHCHARACTERISTICSASEXTENSIVECOVERAGE,LARGESCOPE,IRRATIONALLAYOUT,POORQUALITYANDLOWEFFICIENCYTHISTHESISCONDUCTSENORMOUSQUANTITATIVEANDQUALITATIVEANALYSISONTHESECHARACTERISTICSFURTHERMORE,THECHINESESTATERUNCOMMERCIALBANKS’MANAGEMENTSYSTEMCONTAINSSUCHDEFICIENCIESASOWNERVACANCYOVERLONGPROXYCHAINSTHEPRACTICALSIGNIFICANCEOFUSINGPROXYTHEORIESTOANALYSISTHEMULTILEVELAGENTPROBLEMSOFTHECHINESESTATERUNCOMMERCIALBANKSISTHATITISTHENECESSARYAPPROACHTOADDRESSOWNERSHIPVACANCYOFFINANCEPROPERTIES,TOESTABLISHASOUNDCORPORATEMANAGEMENTFRAMEWORKINACCORDANCEWITHMODEMCORPORATESYSTEMSKEYWORDSSTATERT/NCOMMERCIALBANKS;PRINCIPAL。AGENCY;AGENTPROBLEM;STIMULATIONANDCONSTRAINTII
下載積分: 5 賞幣
上傳時間:2024-03-04
頁數(shù): 58
大?。?2.37(MB)
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簡介:浙江大學(xué)碩士學(xué)位論文家族企業(yè)集團(tuán)代理問題研究姓名鄭迪松申請學(xué)位級別碩士專業(yè)西方經(jīng)濟(jì)學(xué)指導(dǎo)教師陳凌20060601浙江大學(xué)碩士學(xué)位論文家族企業(yè)集團(tuán)代理問題研究ABSTRACTFAMILYBUSINESSGROUPSOREALWAYSORGANIZEDINTHEFORMOFPYRAMIDALSTRUCTUREFAMILYBUSINESSGROUPSHAVEBOTHTHECHARACTERISTICSOFFAMILYFIRMSANDPUBLICFIRMS,ANDCANMITIGATETHEPROBLEMOFCAPITALRESTRICTIONHOWEVERTHEYCREATETHEIROWNSETOFAGENCYPROBLEMSTHESEPROBLEMSMAYBETHEUSEOFPYRAMIDALSTRUCTURE,MANAGERIALENTRENCHMENTANDNONANN’SLENGTHTRANSACTIONSTHEPAPERFINDSTHATINFAMILYBUSINESSGROUPS,THEAGENCYRELATIONSHIPBETWEENCONTROLLINGFAMILYANDMINORSHAREHOLDERSHAVEBEENTHEKEYRELATIONSHIPTHISPAPERINTRODUCESASIMPLEMODEL,TOILLUSTRATETHEESSENCEOFPYRARNIDALSTRUCTURETHEAUTHORFINDSOUTTHATIFTHEFIRMREQUIRESALARGERINVESTMENT,ORCANGENERATEHIGHERREVENUES,ORINVESTORPROTECTIONISWEAKERTHEGROUPSAREMORELIKELYTOORGANIZEINPYRAMIDALSTRUCTURE,OTHERWISEINHORIZONTALSTRUCTURETHENTHEPAPEROFFERSANEMPIRICALSTUDYONFAMILYCONTROLLEDFIRMSINCHINESESTOCKMARKET,ANDTHERESULTSARECONSISTENTWITHTHETHEORETICALANALYSESROU曲LYTHEREGRESSIONRESULTSALSOFINDTHATEXPROPRIATIONPROBLEMSINFAMILYCONTROLLEDFIRMSMAYBESERIOUSKEYWORDSFAMILYBUSINESSGROUPS;AGENCYRELATIONSHIP;PYRAMIDALSTRUCTURE;MANAGERIALENTRENCHMENT;INTERNALCAPITALMARKET
下載積分: 5 賞幣
上傳時間:2024-03-03
頁數(shù): 71
大?。?2.18(MB)
子文件數(shù):
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簡介:9893乏3分類號密級UDC研究生學(xué)位論文高新技術(shù)企業(yè)委托代理中的激勵模式研究僦姓名王國娜指導(dǎo)_撕姓名至鲞熬授申請制搬別亟々業(yè)名論文答辯曰蠲嬰壘魚星旦學(xué)位授予日期窒垡理生壘旦中國海洋大學(xué)產(chǎn)型工人,從而賦予知識型員工更多的剩余索取權(quán);從方法上,本文創(chuàng)建了全新的激勵無差異曲線模型,力求在激勵約束不變的前提下,通過更多剩余索取權(quán)的分配來達(dá)到激勵最大化,并且通過對邊際激勵價值的分析,論述了激勵最大化的前提條件。本文的最終目的是為現(xiàn)實(shí)中高新技術(shù)企業(yè)激勵知識型員工提供參考,根本的出發(fā)點(diǎn)是委托代理理論,即委托人通過對剩余索取權(quán)與控制權(quán)的重新分配來設(shè)計(jì)一項(xiàng)有激勵意義的合約來保證代理人在實(shí)現(xiàn)自己目標(biāo)的同時能夠?qū)崿F(xiàn)委托人的目標(biāo)。關(guān)鍵詞委托代理理論知識型R員R;激勵無差異曲線股票期權(quán)11
下載積分: 5 賞幣
上傳時間:2024-03-03
頁數(shù): 61
大?。?1.85(MB)
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簡介:西南交通大學(xué)博士學(xué)位論文公司經(jīng)營者代理行為的研究姓名張勇申請學(xué)位級別博士專業(yè)管理科學(xué)與工程指導(dǎo)教師胡培20050901第ELL笳善罷盎竿簪五覃贏囂銎霉石霉善J;}孓段。蠢霆羹纛;L霎II羹II莖理;蘭I;一彳I蠶曬蠹蕈冀釜要豳輦;J一羹÷;愛‘零L霎,,。。。。,。.。,,,。,..、。。。攀二一|;耋囂囊蠢滴萋簍譬;}I攀L萋鬟§葬}I一耄委萋
下載積分: 5 賞幣
上傳時間:2024-03-03
頁數(shù): 186
大?。?5.62(MB)
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簡介:授予單位代碼學(xué)號或申請?zhí)柮芗夃嵵荽髮W(xué)碩士學(xué)位論文論文題目作者姓名學(xué)科門類專業(yè)名稱導(dǎo)師姓名、職稱1045904300111揚(yáng)子江制藥公司加盟合作銷售模式研究徐紅軍管理學(xué)工商管理碩士范炳良副教授二零零六年五月ABSTRACTTHESELLINGMODELSOFTHEMEDIDNEINDUSTRYNEEDTOBREAKUPUNDERTHENEWCOMPETITIONOFMARKETTHEINDUSTFIESHAVEMANYSELLINGPMBLEMSSUCHASTHELAGSINTHEDEVELOPINGSTRATEGYANDSELLINGOPEFATION,ANDLESSCRITERIONANDFEWSPRITSFORPROMOTIONINSELLINGCHAIINELS,BECAUSETHCYFOCUSEDONTHEACTUALTIPSANDEXPERIENCES,BUTI即OREDTHESYSTEMICSTUDYUNDEITHEMANAGEPIINDPLE,ANDARCSHORTOFTHESYSTEMICSELLINGPRACTICESUⅡDERTHESTFATEGYTHISTHESIS口MVIDESADETAILEDDISCUSSESREGARDIILGHOWTOESTABLISHSALESMANAGEMENTSVSTEMINTHEMEDIDNEILIDUSTRYFROMTHREEASPECTSBYTHEACTUALAPPLICATIONOFMARKETINGMODELSINTHEMEDICINEINDUSTRYTHEFIRSTASPECTISTOSUMMARIZETHEADVANTAGESANDDISADVANTAGESOFS呔SEMNGMODCLSADOPTEDWIDELYANDSTATETHEIRUSINGS∞PEANDPHASESBYCOMPARISON,WHICHINDUDESPROXYSCLLING,MONOPOLISTICPUICHASINGSELLING,DIS晡BUTIONSELL協(xié)G,DIRECT。SELLIN島ASSIST卸TSEUILIG柚DDIRECTMNSENINGCOMBININGTHEHISTORICALANDACTILALFACTOFTHECASEOFTHEYAN92JJIANGCOMPANY,THESECONDASPECTISCOMEUPWITHANEWSELLINGMODELS,WHICHDEFINEDASLEAGUE。COOPERATIONMARKETINGMODEL,WHICHISDEVELOPEDFROMASSISTANTSELLINGMODELANDDIRECTSELLINGMODEL,卸DKEEPTHEIRADVAⅡTAGESANDAVOIDINGITSSHORTAGE,WHICHCANRESOLVESUCCESSFULLYDIFNUENTPROBLEMWITHPEOPLE,PROPEFTYANDGOODSINSELLINGPIDCESSBYSETTINGUPTHESELLINGMODELS,THEPRODUCTIONENTERPTISEMAYGETNETCONTROLMOREEFFIDENTLY,ANDBRINGUPMARKETINGEXTENTWILLBE10WEFCOSTANDCANONICALMANAGEMENTASLEAGUES,THEYWILLHAVELESSRISKTHANBEFORESO,ITBECOMESAWINWINLEAGUETHELEAGUECOOPERATIONMARKCTINGMODELISSIMILARTOTHEFMCHISEMODELINCATERINGTFADENOW,WHICHISBEENCOPIEDSUCCESSFULLYALLOVERTHECOUNTRYATTHEPRESENT,ITHASNOTBEENFOUⅡDINMEDICINEINDUSTRY,
下載積分: 5 賞幣
上傳時間:2024-03-04
頁數(shù): 52
大?。?1.37(MB)
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