【摘要】 在传统的项目融资结构安排博弈中引入投资者,分别讨论资本结构由所有者和经营者安排时的最优激励契约,并探讨了外部股权对经营者行为的影响.更多还原

【Abstract】 An outer financier was added into traditional project financial structure games,then the optimal incentive contracts were designed with the owner being delegated to decide the financial structure of project or not. The main conclusions were:the existence of outer equity stake might have different impacts on the action of manager which depends on the delegation of financial structure decisions.更多还原