On the Principal-agent Problem in the Enterprise Pension System
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Abstract
The enterprise pension involves several interested parties, such as employees, e oployers, treasurers and investment managers.The parties concerned are in contin ualcontract with one another, and thus form principal-agent relationships. This article focuses on the principal-agent problem in the enterprise pensi on system. Based on an analysis if the underlying cause of the problems the arti cle puts forward the strategies of coping with it.
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