Effect of Corporation Contract Efficiency under Control on the Financial Imperfect Financial Contract[J]. Journal of Civil and Environmental Engineering, 2006, 28(6): 115-119.
Effect of Corporation Contract Efficiency under Control on the Financial Imperfect Financial Contract[J]. Journal of Civil and Environmental Engineering, 2006, 28(6): 115-119. DOI: 10.11835/j.issn.1674-4764.2006.06.030.
In this paper a game model for the effect of corporation control on the financial contract efficiency under imperfect financial contract has been set up.With introducing the factor of control power
the factors influencing the efficiency of the financial contract are not only the efforts of investors and administrators and the welfare of the administrator but more important is the imperfectness of the financial contract
which can be used for discussion on transformation mechanism of the influence of the funding behavior.