Creditors screening on Logistics Company with principal¨Cagency contract in triple inventory pledge loan. Firstly, develop creditor-borrower model under endogenous default probability and symmetric information assumption, find the optimal interest rate according to the price risk and liquidity risk of collateral. Then add Logistics Company as supervisor, compare the efficiency result of fixed commission contract, profit sharing contract and fixed rent contract. If there is no transaction cost, they can realize the same income maximization goal. If not, they should be used under different circumstances: profit sharing contract should be used when creditors have less information and the effort of logistics companies is more important to creditors' revenue; fixed commission contract should be used when creditors have more information, or the effort of logistics companies is easy to monitor; when logistics companies have extremely important information value, fixed rent contract should be used.
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