2025-11-24 20:44 浏览次数 12
齿轮效应
the ratchet effect is a phenomenon induced in conflict between entruster and agent who pursue different objectives in the entrustment-agency relation.
棘轮效应是委托代理关系中委托人与代理人追求目标发生沖突时产生的一种现象。
we argue that the existence of ratchet effect is one of the reasons that result in the lack of sensitivity of compensation and performance.
导致报酬与业绩间缺乏敏感性的原因之一是报酬棘轮效应的存在。