因此,如果内部审计执行得好,就能降低所有者对代理人的监督成本,从而完善公司治理结构;反之亦然。
Therefore, if internal auditing is well executed, monitoring cast of the owner over its agent will be substantially reduced, thus improving the company structure, and vice versa.
由于信息生产成本,真正起作用的是激励代理人获取信息的约束。私利的存在,更束紧了这一约束。
The information acquisition constraints are really binding due to the cost of information production and even more for the presence of private benefits.
电子代理人的出现满足了网络交易的高效率、低成本的要求,因此得以迅速和广泛的应用。
The electronic agent applies quickly and widely for it could meet the request of high efficiency and low cost in Internet transaction.
与高成本类型代理入相比,低成本类型代理人能够获得更多的外部机会收益。
The agent of low cost type can obtain more external opportunity income than agent of high cost type.
对委托人而言,代理人的监督成本很高,激励是委托—代理关系是否有效的关键因素。
For the client, supervision cost of the agents is high, and incentive pay is the key factor for the validity of commission-agency relationship.
同时,低成本代理人获得超额利润,高成本代理人只得到正常利润。
At the same time, the lower cost agent gains excess profits, while the higher cost agent attains only normal ones.
另一方面,低类型代理人的努力成本低和保留效用高,总得到比高类型更多的租金。
On the other hand, the low type agent's low endeavor cost and high reservation utility make him attain more information rents than those required by high type agent.
另一方面,低类型代理人的努力成本低和保留效用高,总得到比高类型更多的租金。
On the other hand, the low type agent's low endeavor cost and high reservation utility make him attain more information rents than those required by high type agent.
应用推荐