Based on the division of labor theory, this paper points out that the nature of the risk of stock market is whether contracts and institutes could realize the division of investor and the manager.
从分工理论角度看，股票市场风险表现为投资者与经理人能否通过股票契约及相关制度协调实现分工合作的风险。
Based on the division of labor theory, this paper points out that the nature of the risk of stock market is whether contracts and institutes could realize the division of investor and the manager.
从分工理论角度看，股票市场风险表现为投资者与经理人能否通过股票契约及相关制度协调实现分工合作的风险。
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