“走出去”背景下国有企业信息不对称问题国际贸易专业论文.docxVIP

中 中文摘要 II II 关键词：国有企业；信息不对称；建议 A Abstract PAGE PAGE IV Abstract The world financial crises have given a huge impact on the global economics since 2008. The cause of the crises is the deregulation and the information asymmetry. Under the circumstances of information asymmetry, there will be adverse selection and moral hazard problems. Both of them have occurred in the financial sector, in the prophase, the adverse selection make all the financial institutions become continuously greedy, then the information asymmetry led to the moral risk. Financial innovation evaded regulation and accumulated too much risk to American economics. At last, all the risks have become the realities, and then spread among the world. The crises have a great hit on Chinas economy, made its foreign trade fell back quickly. Seeing the great damage of the crises, its time for us to study the information asymmetry carefully. Due to our special national condition and historical reasons, there are large numbers of state-owned enterprises in our national economical system. Because of the unique ownership and governance structures, information asymmetry is a very common problem for state-owned enterprise, and this problem can be displayed as entrust – agent problem. Our state-owned enterprise problem may be even worse: dummy owner, insider control, soft budget constraint, policy burdens and the personnel transfer between government and state-owned enterprises and other issues. All of them might have an adverse effect on state owned enterprises, and give a negative impact on the development of our economics. Facing the slump global economics and under the background of “outgoing”, the state-owned enterprises will get less regulation from motherland when they are outside. How to get them under effective supervision and management, and prevent state-owned assets from being loss, is still an urgent task for our country. In this essay, the information asymmetry problem of our country