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Search within results (((YANG Qi-jing[Author]) AND 1[Journal]) AND year[Order]) AND OR NOT Title Author Institution Keyword Abstract PACS DOI Please wait a minute... For Selected: Download Citations EndNote Ris BibTeX Toggle Thumbnails Select Political Connections and Growth of Enterprises YANG Qi-jing Teaching and Research    2010, (6): 38-43.   Abstract （1233）      PDF（pc） （1264KB）（2064）       Knowledge map    Save Under the China’s style of decentralization,the local governments are not only granted huge discretion on the local affair but also hold many resources that can be used to help enterprises.This induces the enterprises emphasizing on political connections.On one side,the political connections can benefit the enterprises,especially the private enterprises by the ownership protection,deregulation and even cheep public resources.However,on the other side,political connects might seriously restrict the growth of enterprises.It is not only that the core capability and healthy corporate governance are depressed,but also much rent is dissipated.So,we need to reform ownership,to relax regulations,to strength the competition in order to reduce the negative effects of political connections. Reference | Related Articles | Metrics | Comments（0） Select From Complete Contract Theory to Incomplete Contract Theory YANG Qi-jing Teaching and Research    2003, (7): 27-33.   Abstract （1339）      PDF（pc） （2813KB）（1572）       Knowledge map    Save Unlike the mainstream neo-classical economics that impersonates the mechanism of price, the contract theory attempts to explain the contracted relation between rational economic a-gents. However, like all scientific research, there exist various interrelated branches within the contract theory. Generally speaking, with the further progress of the research, the focus of attention has shifted from the complete contract theory to the incomplete contract theory. This article is intended to introduce briefly the course of the changes, placing emphasis on the incomplete contract theory and hot issues concerning development of this theory. Reference | Related Articles | Metrics | Comments（0）