[管理学]第1讲公司治理与财务管理环境.pptVIP

* The balance of payments The balance of payments – a statistical “accounting” record of a country’s international trade transactions and capital transactions with other countries during a period of time. Rectifying a balance of payments – devalue – protectionist measure – deflationary economic measures * Competition policy Market failure and regulation – market failure: market mechanism fails to result in efficiency. ☆imperfect competition ☆social costs / externalities ☆imperfect information ☆inequity Self regulation – professional bodies * Competition policy Monopolie