So effective incentive and restraint is the key to solve the principal-agent problem.

据此提出解决委托-代理难题的关键在于实施有效的激励与约束。

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The principal-agent Problem omnipresent in modern corporations expedites the global corporate governance movements.

现代公司广泛的存在着委托——代理问题，由此催生了全球公司治理运动。

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Finally, the principal-agent problem is significant in long term, but the short-term performance is improved which may be caused by the distemperedness of market and the irrationality of investors.

委托代理问题在长期并购绩效中表现明显，但短期时出现并购方绩效提高，说明市场的不健全及投资者的非理性。

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As time went on though, the principal-agent problem manifested itself in each one.

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One of the worst ideas to come out of academia in the last 50 years is the so-called principal-agent problem.

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