policy burden
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由于政策性负担不仅产生了软预算约束问题,影响委托人的效用函数,而且加深了信息不对称程度,导致经营者追求灰色收入。
The policy burden not only bring soft budget constraint to affect the principal′s utility function, but also cause the problem of asymmetric information that induces managers to seek gray income .
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