本文以一个最常用的线性基金契约为例，讨论分析了其中代理问题的存在性。
In this paper, we, taking a linear mutual fund contract in common use for example, discuss and analyse the existence of agency problem.
基金投资者与基金经理之间的关系是一种委托—代理关系，这种委托—代理关系集中体现在基金契约中。
The relationship of mutual fund investor and mutual fund manager is a principal-agent relationship, which is mainly embodied in the mutual fund contract.
至于私营化，根据最新欧盟和国际货币基金组织的协议，有超过20项契约原本指望能于今年一月份前完成。
As for privatisation, more than 20 deals are supposed to have been completed by January, according to the latest EU-IMF agreement.
从行为金融角度出发，对基金经理过度自信情形下的最优激励契约进行研究。
This paper researches the optimal incentive contract based on overconfidence of investment fund manager from the behavioral finance view point.
契约型基金本质上是一种信托关系，它赋予受托人充分的自由度和信托资产的控制权，容易产生道德风险。
Contractual fund is a kind of trust relationship, which gives the Trustee much freedom to manage the fund property, it may bring on the moral hazard.
而相比之下，契约型基金由于其结构特点，对管理人的监督不够有力。
In contrast, the supervision in Contractual Fund is not so effective due to its structure.
相对于契约型基金的固有缺陷而言，公司型基金有契约型基金无可比拟的制度优势。
Being used as comparison, the contractual fund contains inborn defects. The corporate fund contains more system advantages.
第15条证券商应俟本公司签还使用市场契约并缴存交割结算基金后，方得参加本公司市场买卖。
Article 15 A securities firm shall wait until this Corporation signs and returns the market usage contract, and paid the settlement and clearing fund before it may trade in the Exchange.
从信托契约上完善受托人机制以及借鉴公司型基金。
It is also necessary to consummate entrusted mechanism and benefit form the corporation fund prectice.
公司型基金与契约型基金是两种基金治理模式。
The corporation fund and contract fund are two governance fund modes.
从不完全契约理论和委托代理框架的视角分析开放式基金治理结构，可以得出不存在最优的治理结构的结论。
With the analysis under the incomplete contract theory and principal-agent theory, there is no such an optimum governance structure for open-end fund either contract style or corporate style.
公司型基金现已成为世界基金组织模式的主流形式，而我国到目前为止全是单一的契约型基金。
The corporate fund has become now the main form of mutual fund in the world. But contractual fund is the only form in our country.
其中，有关风险投资基金私募的相关法律规则，根据不同组织形式，分别阐述公司制、有限合伙制和契约制风险投资基金的私募发行规则。
Among them, the legal rules of venture capital fund raising describe the different rules of private offering in corporation system, limited partnership and trust-type of venture capital fund.
风险投资机构典型的组织形式包括有限合伙、公司和契约式基金三种，它们各有其优缺点。
Limited partnership, company and trust fund, each having their own advantages and disadvantages, are the typical types of venture capital pools.
将基金托管人作为构建审计监督的核心角色，从多层面分析如何加强对契约型基金的监督管理。
The custodian has been thought the core role in order to construct audit supervision system, and how to strengthen supervision and management on mutual fund from multiple analysis.
证券经纪商依本办法担任境外基金总代理人，得与投资人签订受讬买卖外国有价证券契约为之。
A securities broker acting as a master agent under these Regulations may sign brokerage agreements for investment in foreign securities with its investors.
为此，必须在法律上明确界定公司型基金的法律性质以及处理好公司型基金与契约型基金的税负均衡问题。
Therefore, it is necessary to define the law nature of corporate fund clearly and definitely. And so neces…
有限合伙制基金中，管理型人力资本2 0 %左右的剩余索取权通过合伙契约方式被明确规定下来。
In limited partnerships, the residual claim of 20-percent share by managerial human capital owners is defined in the partnership agreements.
有限合伙制基金中，管理型人力资本2 0 %左右的剩余索取权通过合伙契约方式被明确规定下来。
In limited partnerships, the residual claim of 20-percent share by managerial human capital owners is defined in the partnership agreements.
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