Financial Contract Theory: Issue 7 of the Three Friends Accounting Series

Author: Shang Hongtao
Publisher:
Publish Date: 2006-06-01
Features: Financial contracts are the central nervous system of enterprises and the focal point of various interest relationships. Different enterprises correspond to different financial contracts, and the same enterprise may have different financial contracts at different periods. To some extent, corporate governance is the governance of financial contracts. Therefore, establishing a scientific financial contract system has become an urgent task in the reform of Chinese state-owned enterprises. This book traces the theory of financial contracts, explores the implementation mechanisms of financial contracts, analyzes the problems in the financial contracts of Chinese state-owned enterprises in combination with the actual reform of Chinese state-owned enterprises, and proposes specific measures to improve them. It forms the research conclusions of this book and puts forward issues that need further research. The research content of this book is divided into six parts: Introduction, Basic Theories of Financial Contracts, Research Scope of Financial Contracts, Implementation Mechanisms of Financial Contracts, Problems and Countermeasures of Financial Contracts in Chinese State-Owned Enterprises, and Conclusions and Issues for Further Research.