處理的內部產權和SEO(ppt 64頁)

The equity management perspective
Internal capital market theory
SEO influence and arrangement
SEO methods and Paradox of rights offer
Mkt effect of SEO announcement
New issues puzzle: long-term performance of SEO
Some interesting researches on Chinese SEO
discussions
Principal-agency problem: management private benefits such as perks or slack off
Solutions:
--dividends or stock repurchases
--monitoring: collude between auditor and manager such as Enron and Arthur Anderson
--incentive compensation
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