The conclusion is that:if there is no risk in the debt, the shareholder and manager will affect the incentive process together by certain proportion;

在模型中，如果债务没有风险，股东和经营管理者将会以一定比例共同去影响激励过程；

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The conclusion is that:if there is no risk in the debt, the shareholder and manager will affect the incentive process together by certain proportion;

在模型中，如果债务没有风险，股东和经营管理者将会以一定比例共同去影响激励过程；

youdao