财务与金融
財務與金融
재무여금융
2011年
4期
42-45
,共4页
胡振华%覃子龙%王阳%许民利%易经章
鬍振華%覃子龍%王暘%許民利%易經章
호진화%담자룡%왕양%허민리%역경장
二次供水%委托-代理模型%道德风险%监管与激励
二次供水%委託-代理模型%道德風險%鑑管與激勵
이차공수%위탁-대리모형%도덕풍험%감관여격려
Secondary Water Supply%Principal-agent Model%Moral Hazard%Supervision and Incentive
供水管理部门与物业管理公司在二次供水过程中有着明显的委托-代理关系,通过对二者的委托-代理关系进行模型构建与分析,得出结论认为物业管理公司的努力程度除受自身的经营管理能力和运营成本的影响外,还需要供水管理部门依据物业管理公司的能力系数、成本系数、风险偏好以及检验费用系数、不可控的环境条件等因素,设计合理的契约合同加强对二次供水过程的监管与激励,并提出相关建议。
供水管理部門與物業管理公司在二次供水過程中有著明顯的委託-代理關繫,通過對二者的委託-代理關繫進行模型構建與分析,得齣結論認為物業管理公司的努力程度除受自身的經營管理能力和運營成本的影響外,還需要供水管理部門依據物業管理公司的能力繫數、成本繫數、風險偏好以及檢驗費用繫數、不可控的環境條件等因素,設計閤理的契約閤同加彊對二次供水過程的鑑管與激勵,併提齣相關建議。
공수관리부문여물업관리공사재이차공수과정중유착명현적위탁-대리관계,통과대이자적위탁-대리관계진행모형구건여분석,득출결론인위물업관리공사적노력정도제수자신적경영관리능력화운영성본적영향외,환수요공수관리부문의거물업관리공사적능력계수、성본계수、풍험편호이급검험비용계수、불가공적배경조건등인소,설계합리적계약합동가강대이차공수과정적감관여격려,병제출상관건의。
There is distinct principal-agent relationship between water management and property management company in the secondary water supply. The model of this principal-agent relationship is constructed and analyzed in this paper. The result shows that besides management ability and operating costs impact on the effort of property management company, it also needs water management design reasonable contracts to strengthen supervision and incentive of the secondary water supply. The contracts should be designed in accordance with some factors, such as capacity coefficient, cost coefficient, the attitudes to risks of property management company and inspection charges coefficient, uncontrollable environmental conditions, etc. Some suggestions are given in the end.