Financial decision-making is the central link of enterprise financial management. The prevalent theory of financial decision-making is "capital structure". This paper makes a new explanation of "capital structure"...Financial decision-making is the central link of enterprise financial management. The prevalent theory of financial decision-making is "capital structure". This paper makes a new explanation of "capital structure", which is "financial contract structure" based on interacts among stakeholders. It developed the intension and extension of"capital structure".展开更多
In this paper, the author gives a brief introduction to the evolution of FIDIC conditions of contract, particularly the background of the 1999 new editions. A detailed discussion is made of the applying prospects refe...In this paper, the author gives a brief introduction to the evolution of FIDIC conditions of contract, particularly the background of the 1999 new editions. A detailed discussion is made of the applying prospects referring to the new editions of FIDIC Conditions of Contract in China in 6 aspects: revisions of the existing model contract forms; finding solutions to the payment delay problem; advocating the Design/Build and EPC turnkey project delivery system; clarifying the roles of supervising engineers and opening up the new regions of their work. This paper also prepares a short form model contract for small projects in China, improving the settlement of construction disputes.展开更多
文摘Financial decision-making is the central link of enterprise financial management. The prevalent theory of financial decision-making is "capital structure". This paper makes a new explanation of "capital structure", which is "financial contract structure" based on interacts among stakeholders. It developed the intension and extension of"capital structure".
文摘In this paper, the author gives a brief introduction to the evolution of FIDIC conditions of contract, particularly the background of the 1999 new editions. A detailed discussion is made of the applying prospects referring to the new editions of FIDIC Conditions of Contract in China in 6 aspects: revisions of the existing model contract forms; finding solutions to the payment delay problem; advocating the Design/Build and EPC turnkey project delivery system; clarifying the roles of supervising engineers and opening up the new regions of their work. This paper also prepares a short form model contract for small projects in China, improving the settlement of construction disputes.