The relation of principal and agent is ordinarily created by agreement of the parties.
本人和代理人的关系一般是通过双方的协议产生的。
The result of study indicate it can relieve the moral hazard both of principal and agent.
研究结果表明：在初始契约中写进解聘补偿可有效缓解委托代理双方的道德风险。
The authority of the agent to act for and bind the principal is the very essence of the principal and agent relationship.
代理人以代理权为委托人行事同时委托人受此约束是委托人和代理人关系的本质。
In Chapter two, we give an analysis of the incentive and constraint of executive by means of the theory of principal and agent.
第二章运用委托——代理理论对企业家的激励与约束进行理论分析。
Studied the impact of information asymmetry between principal and agent on asset divestiture decisions through real option approach.
利用实物期权方法分析了信息不对称的委托代理框架下企业资产剥离决策。
It is undisputed that the principal and the remitting bank are in the relation of principal and agent, so do the remitting bank and the collecting bank.
在托收所涉及的当事人的法律关系中，委托人与托收行、托收行与代收行之间都是代理关系，这点并无争论。
The overconfidence bias of the principal and agent on the would firm ' s common signal quality of increase agency cost and worsen the moral hazard problem.
委托人和代理人在公司信息方面的过度自信偏差都将提高代理成本、恶化道德风险问题。
West management scientists have researched on the difference between utility functions of principal and agent. They suggested the theory of principal agent.
西方管理学家对委托人目标和代理人效用函数的不一致性进行了研究，提出了委托—代理理论。
Moral risk is produced in principal and agent relationship, which results from the discordance of purpose and unequal information between principal and agent.
道德风险是在委托代理关系中产生的，其原因在于委托人和代理人努力目标不一致，信息不对等。
In Chapter 4, the nature of the principal and agent in logistics partnership relationship is analyzed, and the three stage model for the logistics partner selection is proposed.
第四章分析了物流合作伙伴关系的委托-代理关系本质，提出了物流合作伙伴选择的三阶段模型。
The main thought of this article stems from principal-agent model which had been used for solving moral hazard problems because of information asymmetry between principal and agent.
本文主要思想来源于委托-代理模型，用于解决委托人与代理人由于信息不对称而引发的道德风险问题。
The first chapter is about the analysis of the origin and theoretic basis of corporate governance through principal and agent system, and the introduction of corporate governance theories.
第一章，主要从委托代理制度入手分析公司治理结构的起源及理论基础，并介绍公司治理结构的主要理论派别。
The profit and risk of loss remains within the principal, unless the agent is a del credere one.
除非代理人是保兑的，否则利润和损失风险由委托人承担。
John Maloof, a 29-year-old eBay entrepreneur and real estate agent, is now principal cheerleader in the effort to find a niche for Ms. Maier at the pantheon of modern photography.
约翰·马卢夫，一名29岁的易趣网企业家和房地产经纪人，同时也是致力于为麦尔女士在现代摄影艺术殿堂中寻找合适位置的主要倡导人。
Incurred expenses from the sales of the product shall be borne by AGENT and shall not be reimbursed by PRINCIPAL, unless agreed upon in writing.
如未以书面形式达成一致，任何产品销售产生的费用应由代理方承担，且不应向委托方报销。
An agent shall bear civil liability if he fails to perform his duties and thus causes damage to the principal.
代理人不履行职责而给被代理人造成损害的，应当承担民事责任。
Private equity companies have much less of a principal-agent problem than do Citicorp, Bears Sterns and other publicly traded companies because private equity companies have a concentrated ownership.
比起花旗集团和贝尔斯登，私人实体企业与委托代理问题无多少关联，这是因为其拥有集中的所有制。
Corporation governance composed of governing structure and governance mechanism is a series of system arrangement, which is based on principal agent relationship and "insider control".
公司治理是基于企业内部有关委托代理关系及“内部人控制”等问题而产生的一系列制度安排，它由治理结构和治理机制两部分组成。
Introduce simply about the modern corporate theory, analysis the issues of the corporate governance structure and the executive incentives designing with the point of the principal-agent theory.
简单介绍了有关的现代企业理论，以委托代理理论的观点分析了公司治理结构建设和经营者激励设计方面的有关问题。
Convection is the principal agent of heat transfer in the atmosphere and oceans.
对流是大气和海洋中热传输的主要方式。
Starting from analyzing the essence of trust, the paper discusses how the trust problem to emerge and at last, solves the trust problems in E-retailing with the principal-agent theory.
从分析信任问题的本质开始，讨论信任问题是如何产生的，最后用委托代理理论来解决电子零售业中的信任问题。
And the main characteristic of modern corporate is the separation of ownership and management power, appearing principal-agent relationship.
现代公司主要的特征是所有权与经营权相分离，产生了委托———代理关系。
This article builds single and double principal-agent theory models and studies measures to reduce agent cost by using dividend policy as an observable variable.
本文将股利政策作为一个可观测变量引入单层、双重委托代理模型，详细分析了降低代理成本的途径。
The prominent feature of modern publicly-owned corporation is separation of ownership and management, giving rise to principal-agent relationship.
现代公司制企业最显著的特征是公司所有权与经营权相分离，由此导致了委托-代理关系的产生。
No commission shall be due in respect of orders transmitted by the Agent and not accepted by the Principal.
委托方如果没有接受代理方交给的订单，那么委托方不应支付代理方佣金。
No commission shall be due in respect of orders transmitted by the Agent and not accepted by the Principal.
委托方如果没有接受代理方交给的订单，那么委托方不应支付代理方佣金。
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