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《Issues in Agricultural Economy》 2008-10
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Study on the Motivate Mechanism of Mangers in State-owned Agribusiness:Based on Principal-Agent Model

ZHOU Jinyang,DAI Yu and ZHOU Dequn  
It is a principal-agent problem to manage state-owned enterprises(SOE)since the ownership and the management rights are separate in SOE.And it is valued and effective to Analyze Motivate problem of human resources in SOE through construct suitable principal-agent models.In this thesis,with a view to the attributes in state-owned agribusiness(SOA),a multi-task principal-agent model about managers are obtained based on practice,then the motivate factors and the relationship of them are obtained through this model.Managers of SOA would bring different performance information for profit and for sociality purposes,when the former influence the latter greatly and motivate cost of effort in multi-task are independent,the optimal performance reward of task for profit is influenced by marginal income of task to satisfy sociality purposes in the condition that different motivates are consistent.The optimal performance reward is a descending function of risk aversion,variety of marginal motivates cost and variance of observable variables.The relationship fills in a gap which hither to existed in the motivate mechanism.In the end,several suggestions to consummate motivate mechanism of manger in SOA are presented.
【CateGory Index】: F276.1;F272;F224
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