Study on Default Risk Management of Logistics Services Supply Chain Based on Double Principal-agent Theory

摘要

In order to manage default risk in Logistics Service Supply Chains (LSSCs), the article analyzed the formation process of the default risk under the context of double principal-agent relationship and explored the corresponding risk management strategy from the perspective of contract design. Two default risk management models were built based on double principal-agent theory and the models show that default risk in LSSCs can be controlled by taking reasonable values of the variables in the models.