The Vestment Tools'Selection in the Vestment Contract Management
Xie Bing · Journal of Hunan Industry Polytechnic · 2006
Under the asymmetry condition,there is some moral risks as to vestors and entrepreneurs.To lower action risk and encourage the both side to increase level,the vestment tools' selection is one of important and valid ways,except staged vestment and control power distribution.It discovers the convertible stock can lower acting risk and give the valid stimulation to the both side.