信息不对称、股东期望差异与企业家选择行为

    The Information Asymmetry, Shareholders' Expectation Discrepancies and Entrepreneurs' Selection Behaviors

    • 摘要: 主流经济学认为企业家是股东雇佣的代理人。然而近几年来,企业家越来越关注其雇主——股东的构成,他们更喜欢那些对公司未来具有相似期望值的股东。文章所研究的就是在外部股东具有不同期望值的经济体中,企业家如何通过改变股权结构来实现自己的愿望。

       

      Abstract: The mainstream economists generally believe that the entrepreneur is the agent whom the shareholder hires. However, in recently years' entrepreneurs attach more importance to shareholder's constitution, and they prefer shareholders who possess the similar expected value towards theirs companies. This paper studies how the entrepreneurs fulfill their desires through the structural adjustment of stockholders' rights in the economies in which exterior shareholders have discrepant expected value.

       

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