分配结构与潜在效率:剩余索取权分割模型——基于剩余控制权与权威排序的设计
    点此下载全文
引用本文:何应期,朱小燕,王玉峰.分配结构与潜在效率:剩余索取权分割模型——基于剩余控制权与权威排序的设计[J].财经理论与实践,2017,(1):62-67
摘要点击次数: 999
全文下载次数: 0
作者单位
何应期,朱小燕,王玉峰 (1.四川农业大学 经济学院四川 成都611130
2.四川师范大学 经济与管理学院四川 成都610101) 
中文摘要:剩余控制权有转换为剩余索取权的动机。现实的剩余索取权分割与剩余控制权结构之间并不存在稳定的匹配关系,权威排序是影响剩余控制权转向剩余索取权的重要变量。据此构建剩余索取权分割模型,研究分配结构对有效剩余控制权与有效剩余索取权的影响。结果表明,若权威排序至少为三级,剩余索取权分割主体的趋利选择,倾向于减少有效剩余控制权与有效剩余索取权;以剩余控制权为基础的剩余索取权分割结构,存在未实现的潜在效率。调整分配结构,是“激发”潜在效率的可能途径。
中文关键词:剩余索取权  剩余控制权  权威排序  潜在效率
 
Distribution Structure and Potential Efficiency: Residual Claims Division Model Based on Residual Control Right and Authority Ranking
Abstract:Residual control right can be transferred to residual claims. There is no stable relationship to match the divisions of residual claims and residual control right structure. The authority ranking is an important variable to influence the transfer from residual control right to residual claims. The residual claims division model is established in this paper accordingly to research the effects of distributional structure to efficient residual control rights and efficient residual claims. The results show that if authority ranking is larger than level three, the division entities of residual claims tend to reduce efficient residual control right and efficient residual claims because of theirs profit-orientation. There is potential efficiency exists in the division structure of residual claims based on residual control rights. The adjustment of distribution structure is a possible way to motivate potential efficiency.
keywords:residual claims  residual control right  authority ranking potential efficiency
查看全文   查看/发表评论   下载pdf阅读器