TY  - EJOU
AU  - 
T1  - Game Analysis on Influence Mechanism of Equity Incentive on R&D Investments
T2  - Review of Knowledge Economy

PY  - 2014
VL  - 1
IS  - 1
SN  - 2409-9449

AB  - A game model between shareholders and manager is built to analyze influence mechanism of equity incentive on R&D investments based on principal-agent theory. Research shows that there are inverted U-shaped relationships between equity incentive and R&D investments, the modest equity should be gave for stimulate manager.
KW  - 
DO  - 10.18488/journal.67/2014.1.1/67.1.1.5