Game Analysis on the Failure of the Internal Supervision Mechanism of State-owned Enterprises
- 10.2991/msmi-15.2015.19How to use a DOI?
- State-owned enterprises, Game theory, Internal supervision, Corruption.
According to the behavior characteristics of managers of state owned enterprises, starting from the perspective of utility maximization and based on principal-agent game analysis, this paper establish a new state-owned enterprise managers corruption and internal supervisor behavior model, for the first time the internal recessive incentive effect variables is introduced in this model. This paper studies on the optimal behavior choice of state-owned enterprises managers and the internal supervisors. The existing system will induce the state-owned enterprise managers to achieve the goal of self utility maximization, and to suppress the effect of internal supervision, and connive with corruption. Finally, this paper discusses measures and suggestions about how to increase internal supervision and improve the supervision of state-owned enterprises themselves to reduce corruption of managers.
- © 2015, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Feng Kong AU - Yang Jiao PY - 2015/08 DA - 2015/08 TI - Game Analysis on the Failure of the Internal Supervision Mechanism of State-owned Enterprises BT - Proceedings of the 2015 International Conference on Management Science and Management Innovation PB - Atlantis Press SP - 102 EP - 106 SN - 2352-5428 UR - https://doi.org/10.2991/msmi-15.2015.19 DO - 10.2991/msmi-15.2015.19 ID - Kong2015/08 ER -