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婁底翻譯公司關鍵字：development to promote high-level agency. In the high-level agency, the land collectivization and other major means of production, personal stake in the land transferred to the collective. Abolition of the land as the corresponding dividend, in fact, farmers on the land in the form of residual claims to be a collective exercise. However, the ultimate ownership of the land the farmers are not explicitly denied, co-operative, collectivization and collective farmers is still in the agency relationship established between the process, senior community is still a typical principal-agent arrangement.Co-principal-agent proved to be an effective system of choice. First, since the co-operative land ownership is clear and unambiguous, and cooperatives range in general is not the principal agent of supervision and punishment for lower cost; Second, agents and principals in a small community environment for generations together life and the formation of hometown atmosphere of rural informal system of the agent's moral hazard may have formed an effective constraint, which faces a high opportunity cost; Finally, as a retirement community members to retain the freedom to some form of co-ownership can be decomposed members of the body or object, that is, when excessive deviation from the target co-operatives as the principal members of the target, members can be a way to lift retirement community and cooperative relationship. This feature prompted members in the production of labor tend to implement self-monitoring, which to some extent, to promote the collective interests of members in the process of taking into account the others pursue their own aggrandizement.(B) the people's commune period of the principal-agent relationship1960 into the people's commune period. People's communes, cooperatives, land ownership structure is a continuation of the land ownership structure and alienation. People's communes, collective land ownership inherited from the cooperatives, but the co-operative working masses have evolved into people's communes, collective community ownership. In the cooperative period, because the retirement community has a right to the property合理翻譯收費 rights of farmers on the land is real and concrete. The structure of land ownership in the people's communes, farmers right out of the final loss, farmers and land ownership actually obliterated. And, when the commune as a collective organization is no longer a purely economic organization but as an integrated economic and social functions, administrative functions of the
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