DocumentCode
693892
Title
Performance and Risk Management of Real Estate Enterprises
Author
Xiaoxin Liu ; Xin Tian ; Di Wu ; Xiuting Li
Author_Institution
Sch. of Manage., Univ. of Chinese Acad. of Sci., Beijing, China
fYear
2013
fDate
14-16 Nov. 2013
Firstpage
221
Lastpage
224
Abstract
For the low efficiency and high risk of real estate enterprises in China, we design incentives-supervision model of a real estate enterprise based on principal-agent theory and on some characteristics of the real estate enterprises. Subsequently, in order to improve business performance and lower the risks, we study that how the clients of the real estate enterprises design the compensation for agents and supervisors of different ability levels and risk appetites in the different boom stages of the real estate market. Finally, some policy recommendations are put forwarded.
Keywords
marketing; risk management; business performance; performance management; real estate enterprises; real estate market; risk management; Companies; Contracts; Correlation; Economics; Equations; Industries; Remuneration; incentive and supervision; principal-agent theory; real estate enterprise; risk management;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Intelligence and Financial Engineering (BIFE), 2013 Sixth International Conference on
Conference_Location
Hangzhou
Print_ISBN
978-1-4799-4778-2
Type
conf
DOI
10.1109/BIFE.2013.47
Filename
6961125
Link To Document