Performance and Risk Management of Real Estate Enterprises

被引:1
|
作者
Liu, Xiaoxin [1 ]
Tian, Xin [1 ]
Wu, Di [1 ]
Li, Xiuting [1 ]
机构
[1] Univ Chinese Acad Sci, Sch Management, Beijing 100190, Peoples R China
关键词
real estate enterprise; principal-agent theory; incentive and supervision; risk management; FIRM;
D O I
10.1109/BIFE.2013.47
中图分类号
F [经济];
学科分类号
02 ;
摘要
For the low efficiency and high risk of real estate enterprises in China, we design incentives-supervision model of a real estate enterprise based on principal-agent theory and on some characteristics of the real estate enterprises. Subsequently, in order to improve business performance and lower the risks, we study that how the clients of the real estate enterprises design the compensation for agents and supervisors of different ability levels and risk appetites in the different boom stages of the real estate market. Finally, some policy recommendations are put forwarded.
引用
收藏
页码:221 / 224
页数:4
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