I develop a principal-agent model to analyze the interaction among CEO’s equity holding portfolio, firm’s capital structure and executive compensation contract. Unlike a strand of literatures in corporate finance investigating only capital structure and compensation contract, this paper asks the question whether executive’s equity option holding and firm’s financial leverage jointly affect mana...

In many circumstances, a principal, who wants prices to be as low as possible, must contract with agents who would like to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent bidding the lowest price (competition for the field) with having two agents provide the good under (imperfectly) competitive conditions (competition in the fiel...

W study capacity reservation contracts between a high-tech manufacturer (supplier) and her oem customer (buyer). The supplier and the buyer are partners who enter a “design-win” agreement to develop the product, and who share the stochastic demand information. To encourage the supplier for more aggressive capacity expansion, the buyer reserves capacity upfront by paying a deductible fee. As cap...

We study the problem of selling a resource through an auction mechanism. The winning buyer in turn develops this resource to generate profit. Two forms of payment are considered: charging the winning buyer a one-time payment, or an initial payment plus a profit sharing contract (PSC). We consider a symmetric interdependent values model with risk averse or risk neutral buyers and a risk neutral ...

Blockchain-driven supply chain finance (SCF) has become an emerging financing mode. Compared with the traditional SCF mode, blockchain-driven can shorten transaction process and provide real trade data that cannot be tampered with, thereby improving efficiency of capital operation. This article explores coordination problems a chain. Based on three most common contracts (revenue-sharing contrac...

Probabilistic selling (PS) is widely used in the travel industry and marketing practices; how to design a win-win contract using PS multiple participants’ supply chain achieve sustainable development has been worthy concerned issue green China. To end this, we consider three-players involving two firms common retailer which sell their transparent products via dual channel, while sells probabili...

In a three stage supply chain composed of one manufacturer, one distributor and one retailer, the supply chain coordination mechanism is studied under a fuzzy demand environment. The market demand is treated as a positive trapezoidal fuzzy number, and the models of centralized decision-making system and spanning revenue sharing (SRS) contract are proposed by the method of the fuzzy set theory. ...

The rapid change of the product life cycle is making the parameters of the supply chain models more and more uncertain. Therefore, we consider the coordination mechanisms between one manufacturer and one retailer in a fuzzy decision marking environment, where the parameters of the models can be forecasted and expressed as the triangular fuzzy variables. The centralized decision-making system, t...

Despite all the advances in supply chain coordination, some businesses are still coordinated traditionally, including media chain, which actor’s efficiency or deficiency is not considered their wage determination. It means success failure of project nothing to do with revenue. This article proposes a novel revenue-sharing coordination contract that benefits from text mining and best–worst metho...

Environmentally friendly handling and efficient recycling of waste electrical on Waste Electrical and Electronic Equipment (WEEE) have grown to be a global social problem. As holders of WEEE, consumers have a significant effect on the recycling process. A consideration of and attention to the influence of consumer behavior in the recycling process can help achieve more effective recycling of WE...