声誉机制与棘轮效应对预算松弛影响的研究

摘要

In this paper, a single - period agency model is extended to multiple - period agency model to study the relationship between principal and agent. It verifies the co - existence of reputation mechanism and budget ratchet effect will make the possibility of budget slack producing significantly increased, which brings us to know the factors of influencing budget slack and enrich the budget management theory.%本文将单一期间代理模型扩展到多期间代理模型来研究委托一代理关系，从预算棘轮效应和经理人声誉相结合的角度来揭示预算松弛产生的原因，并得出两者的联合作用将显著增加预算松弛产生的可能性，这使我们对影响预算松弛的因素有了进一步的认识，丰富了预算管理理论。