We study a buyer’s contract design problem when her supplier has private quality cost information and cares about his market valuation. Depending on whether the quality level is contractible or not, we characterize parameters of the contract menu (including quantity and transfer payment) for...

With the progressive realization of split share structure reform, China׳s stock market has undergone a fundamental change. The interests of major shareholders and minor shareholders are the same, resulting in greater attention to the market value management of listed firms. Therefore, the study...